Leela Palaces Hotels & Resorts Limited Earnings Summary — Q1 FY2027
The Leela Reports Strong Q1 Performance with 212% YoY Surge in Consolidated Net Profit
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue declined 27.3% sequentially in Q1 FY2027.
- Revenue of ₹352 Cr is 28.1% higher year-on-year.
- Revenue has compounded at 24.2% annualised over the last 10 quarters.
- Net profit of ₹49 Cr is 456.4% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at -9.3% annualised across the period.
- Operating margin stands at 36.3% in Q1 FY2027.
- Operating margin compressed by 61 bps year-on-year.
- Over the last two years operating margin has expanded by 723 bps.
- PBT margin is 18.3%.
- Expenses grew 29.3% against revenue growth of 28.1%.
- Operating profit of ₹128 Cr is 26.0% higher year-on-year.
- Operating leverage has been under pressure recently.
- 5 of the last 5 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 62/100 (Healthy) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Improving | 352 | 484 | 457 | 311 | 275 | 425 | 370 | 277 | 228 | — |
| Expenses | Improving | 224 | 219 | 222 | 175 | 173 | 198 | 184 | 163 | 162 | — |
| Operating Profit | Volatile | 128 | 266 | 235 | 136 | 101 | 227 | 187 | 114 | 66 | — |
| Operating Margin | Improving | 36.3% | 54.8% | 51.5% | 43.6% | 36.9% | 53.3% | 50.4% | 41.2% | 29.1% | — |
| Other Income | Volatile | 9 | 10 | 7 | 23 | 27 | 38 | 33 | 23 | 12 | — |
| Interest | Declining | 39 | 40 | 39 | 38 | 86 | 99 | 117 | 122 | 119 | — |
| Depreciation | Stable | 33 | 30 | 29 | 27 | 26 | 31 | 31 | 39 | 38 | — |
| Profit Before Tax | Strong Uptrend | 64 | 206 | 174 | 93 | 16 | 135 | 71 | -25 | -79 | — |
| Tax | Volatile | 16 | 34 | 26 | 19 | 7 | 17 | 15 | 27 | -4 | — |
| Net Profit | Strong Uptrend | 49 | 172 | 148 | 75 | 9 | 118 | 56 | -51 | -75 | — |
| Net Margin | Volatile | 13.9% | 35.5% | 32.3% | 24.1% | 3.2% | 27.7% | 15.3% | -18.5% | -32.9% | — |
Key Takeaways
- Consolidated Net Profit for Q1 FY2027 surged to ₹487.55 million, representing a significant year-over-year growth of 460% from ₹87.02 million.
- Revenue from operations grew 28% YoY to ₹3,519.56 million, reflecting sustained demand in the luxury hospitality segment despite Q1 being a seasonally slower period.
- The company approved a significant investment of up to ₹1,200 million in its wholly owned subsidiary, Schloss Tadoba Private Limited, to support new hotel projects.
- EBITDA margins remained healthy at 43.17%, although they moderated compared to the previous quarter (56.43%) due to seasonality and higher employee benefits expenses.
- Balance sheet strength improved following the successful utilization of IPO proceeds (₹23,000 million) for debt repayment in the prior periods.
- Management noted that quarterly results are influenced by the seasonality of the hospitality sector and are not necessarily indicative of full-year performance.
Management Guidance
Management is focusing on an aggressive asset-light expansion pipeline, including high-yield markets like Dubai and Jaisalmer, while continuing to support wholly owned projects like the Tadoba resort.
Sentiment Shift
Improving
The massive YoY turnaround in profitability and revenue growth confirms the company has moved past its restructuring phase into a growth-oriented cycle.
Outlook
The outlook remains strong as the company capitalizes on India's premium travel boom, with a clear focus on shifting toward a hybrid model of owned assets and high-margin management contracts.
From the Annual Report (Key Quotes)
“Disclosure of segment-wise information is not applicable, as hoteliering is the Company's only business segment.”
“In view of the seasonality of the sector, the financial results for the quarters are not indicative of the full year's expected performance.”
“Approved the investment of funds in Schloss Tadoba Private Limited... to finance and support hotel projects and capital expenditure requirements.”
Official Quarterly Documents
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This summary is AI-generated from Leela Palaces Hotels & Resorts Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.
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