Mumbai, July 31: Leela Palaces Hotels & Resorts Limited today announced industry-leading growth during the first quarter of the current financial year 2026-27.
It reported a 28% operating revenue growth and a 41% rise in operating EBITDA.
KEY HIGHLIGHTS: Q1 FY 27 (YOY)
Q1 FY27 FINANCIAL AND OPERATIONAL PERFORMANCE
The Company delivered another quarter of industry-leading financial performance, translating premium brand strength into superior revenue growth, margin expansion and profitability.
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- RevPAR increased 17% year-on-year to ₹13,982, led by a 10% rise in ADR to ₹20,722 and a 4% improvement in occupancy to 67.5% on an expanded portfolio including Coorg.
- Operating revenue grew 28% year-on-year to ₹3,520 million, while operating EBITDA increased 41% to ₹1,434 million and profit for the period rose 460% to ₹488 million.
- Operating EBITDA margin stood at 41%, the highest-ever Q1 EBITDA margin for the Company.
INDUSTRY-LEADING BRAND RECOGNITION AND NPS LEADERSHIP
- The Leela continued its Net Promoter Score (NPS) leadership with a score of 86 in Q1FY27, significantly ahead of the luxury segment benchmark of 74 in the APAC region, reaffirming its focus on service excellence and guest-centricity.
- The Leela is ranked #2 globally among the best Hotel Brands in the World by the Travel + Leisure World’s Best Awards 2026.
- In addition to this recognition, our flagship properties The Leela Palace Udaipur, New Delhi and Jaipur were also individually recognized among India’s top-ranked hotels at the Travel + Leisure World’s Best Awards 2026.
DISCIPLINED CAPITAL- EFFICIENT EXPANSION
The Company continues to execute its capital-efficient growth strategy by expanding into India’s highest-value luxury destinations while maintaining a balanced portfolio of owned and managed assets.
- The Company expanded ARQ by The Leela with its second club in New Delhi
- Launched and rebranded The Leela Coorg Forest Sanctuary on 8 July 2026, further strengthening its presence in experiential luxury
- During Q1FY27, the Company signed a concession agreement for a new 30-key wildlife resort in the Tadoba Tiger Reserve, Maharashtra. The Leela Tadoba will be a 30-key resort spread across 62 acres, with an estimated capex of ~₹1,200 million and completion targeted for CY30, extending the Company’s footprint into India’s premier wildlife tourism circuit alongside Bandhavgarh and Ranthambore.
- Today, The Leela is one of India’s largest luxury hospitality platforms with 25 properties comprising 15 operational hotels (4,162 keys) and a pipeline of 10 hotels (1,095 keys), supported by a balanced mix of owned and managed assets.
GROWTH – READY BALANCE SHEET AND FINANCIAL FLEXIBILITY
- Net debt stood at ₹13,319 million as of June 30, 2026, with Net debt to EBITDA at 1.6 times, providing substantial headroom to fund future growth.
- The Company remains focused on optimizing its capital structure and financing costs while preserving ample liquidity to support its expansion pipeline and strategic initiatives. (BVI)
