Leela Palaces Hotels Q1 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Published 26 Aug 2026 | Leisure Services | Market Cap: ₹18.8K Cr
Schloss Bangalore Ltd targets double-digit EBITDA growth in FY26 driven by same-store growth, new verticals, hotel development pipeline, and capital-light expansion through HMAs. The company is targeting to achieve an EBITDA of Rs 2,000 crore by FY30 (not a formal guidance but an aspirational target).
From Leela Palaces Hotels's Q1 FY26 earnings-call transcript · updated 26 Aug 2026.
Price
₹555
Market Cap
₹18.8K Cr
P/E Ratio
41.8
How does Leela Palaces Hotels rank in Leisure Services?
Compare Leela Palaces Hotels against every Leisure Services company this quarter on revenue, margins and earnings-call signals.
Leela Palaces Hotels — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹484 Cr, net profit ₹172 Cr.
Full financials →📊 Revenue & Sales Performance
- →Schloss Bangalore Ltd targets double-digit EBITDA growth in FY26 driven by same-store growth, new verticals, hotel development pipeline, and capital-light expansion through HMAs.
- →They aim to reach Rs 2,000 crore EBITDA by FY30 (guidance, not firm target).
- →Strong same-store growth expected via increased occupancy (early 70s %) and average daily rates (ADR), particularly leveraging under-served Indian luxury markets.
- →Expansion includes a 250-key luxury hotel in Mumbai’s BKC (50-50 JV with Brookfield) and 33 keys addition with 10,000 sq ft banquet space in Udaipur.
- →New brand verticals like ARQ invite-only membership clubs (5 locations) and Leela Luxury Residences (starting Mumbai FY27) expected to add high-margin revenue.
- →Contracted pipeline includes five hotels (Agra, Ayodhya, Ranthambore, etc.) plus two managed hotels.
- →Digital investments and revenue management practices support sustained high double-digit RevPAR growth (~20% in Q1 FY26).
📈 Profitability & Margins
- →The company is targeting to achieve an EBITDA of Rs 2,000 crore by FY30 (not a formal guidance but an aspirational target).
- →EBITDA growth drivers include:
- → - High double-digit same-store growth in occupancy and ADR.
- → - Operating leverage expected to yield mid-teens EBITDA growth annually.
- → - Value drivers like three clubs, spa, and retail expansions.
- → - Addition of five contracted pipeline hotels (Agra, Ayodhya, Ranthambore, etc.) and two managed hotels (Sikkim and Mumbai).
- →Expansion projects such as the Leela BKC hotel, expected to contribute incremental EBITDA (~Rs 500 crore).
- →The company expects mid-to-high teens overall revenue growth for FY26.
- →Positive PAT turnaround was seen in Q1 FY26 with INR 8.7 crores profit compared to INR 75 crores loss in Q1 FY25.
- →Net debt to EBITDA target maintained around 2.5x on average during growth phase, supporting sustainable expansion.
🏗️ Capital Expenditure Plans
- →FY26 capex planned: INR 400 crores focusing on same-store growth and value drivers.
- →Investments include Leela Club additions in Delhi, Bengaluru, and Chennai.
- →Expansion of Leela Palace Udaipur with 33 new keys and 10,000 sq ft banquet space.
- →INR 1,130 crores allocated to contracted pipeline for five hotels over 2.5 years.
- →New 250-key luxury hotel development in Mumbai's BKC area in a 50-50 JV with Brookfield; currently in design/concept stage.
- →Launching new brand verticals—ARQ Club (five locations) and Leela Luxury Residences (starting with Mumbai) expected FY27.
- →Active pipeline includes capital-light expansions via hotel management agreements in Sikkim and Mumbai.
- →Ongoing asset enhancements like family villas, kid clubs, and spas to increase market appeal and drive RevPAR growth.
💰 Fundraising & Capital Structure
📋 Order Book & Pipeline
- →Schloss Bangalore Ltd has a robust contracted pipeline including five hotels: Agra, Ayodhya, Ranthambore, Bandhavgarh, and Srinagar.
- →The contracted pipeline investment is approximately INR 1,130 crores, to be spent over the next 2.5 years.
- →The company is also developing two managed hotels in Sikkim and Mumbai.
- →The Leela Palace Mumbai hotel (250 keys) in BKC is being developed as a 50-50 JV with Brookfield, currently in design and concept development stage.
- →Expansion projects like 33 additional keys and 10,000 sq ft ballroom space at Leela Palace Udaipur are underway, expected operational in 18-24 months.
- →The Leela Luxury Residences and ARQ Club brand expansions are in progress.
- →Overall, timelines are on track with projects at varying stages – from design, approvals to early construction.
Key Metrics
Frequently Asked Questions
What were Leela Palaces Hotels Q1 FY26 results?
Schloss Bangalore Ltd targets double-digit EBITDA growth in FY26 driven by same-store growth, new verticals, hotel development pipeline, and capital-light expansion through HMAs. The company is targeting to achieve an EBITDA of Rs 2,000 crore by FY30 (not a formal guidance but an aspirational target).
What is Leela Palaces Hotels share price analysis?
Leela Palaces Hotels currently shows a neutral. The stock trades at a P/E of 41.8 with a market cap of ₹18,758 Cr. Investors should review the full earnings analysis for detailed insights.
Is Leela Palaces Hotels planning capital expenditure?
FY26 capex planned: INR 400 crores focusing on same-store growth and value drivers.
Keep Leela Palaces Hotels on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.