CONSUMER SERVICES · NSE/BSE: THELEELA

Leela Palaces Hotels & Resorts Limited Earnings Summary — Q2 FY2027

Sentiment: Positive

AI-generated summary

Generated 2026-10-16

Generated using: Official Earnings Press Release

Business Intelligence Report

Leela Palaces Hotels & Resorts Reports 26.6% YoY Net Profit Surge to ₹945.85M with 32.6% Revenue Expansion in Q2 FY2027

Quarterly Business Intelligence

Q2 FY2027

Financials from Financial Intelligence · data as of 2026-09-30

Revenue

₹412 Cr

QoQ +17.0%YoY +32.6%

Net Profit

₹95 Cr

QoQ +93.8%YoY +26.6%

Operating Profit

₹176 Cr

QoQ +37.9%YoY +30.0%

Operating Margin

42.8%

QoQ +649 bpsYoY -83 bps

AI Quarterly Scorecard™

/ 100

Strong

Revenue Momentum100

Profit Growth100

Margin Expansion67

Growth Consistency72

Operating Efficiency78

Financial Stability38

Computed deterministically from the last 10 reported quarters.

Quarterly Business Momentum

Revenue & Growth

Revenue grew 17.0% sequentially in Q2 FY2027.
Revenue of ₹412 Cr is 32.6% higher year-on-year.
Revenue has compounded at 30.0% annualised over the last 10 quarters.

Profitability

Net profit of ₹95 Cr is 26.6% above the same quarter last year.
Profit growth is trailing revenue growth this quarter.
Net profit has compounded at 34.3% annualised across the period.

Margins

Operating margin stands at 42.8% in Q2 FY2027.
Operating margin compressed by 83 bps year-on-year.
Over the last two years operating margin has expanded by 155 bps.
PBT margin is 26.8%.

Operating Efficiency

Expenses grew 34.5% against revenue growth of 32.6%.
Operating profit of ₹176 Cr is 30.0% higher year-on-year.
Operating leverage continues to improve.

Overall Momentum

6 of the last 6 measured quarters delivered year-on-year revenue growth.
Overall quarterly business momentum scores 76/100 (Strong) 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 Q2 FY2027	Q1 FY2027	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025
Revenue	Improving	412	352	484	457	311	275	425	370	277	228
Expenses	Improving	236	224	219	222	175	173	198	184	163	162
Operating Profit	Strong Uptrend	176	128	266	235	136	101	227	187	114	66
Operating Margin	Improving	42.8%	36.3%	54.8%	51.5%	43.6%	36.9%	53.3%	50.4%	41.2%	29.1%
Other Income	Improving	6	9	10	7	23	27	38	33	23	12
Interest	Declining	38	39	40	39	38	86	99	117	122	119
Depreciation	Stable	34	33	30	29	27	26	31	31	39	38
Profit Before Tax	Strong Uptrend	110	64	206	174	93	16	135	71	-25	-79
Tax	Volatile	16	16	34	26	19	7	17	15	27	-4
Net Profit	Strong Uptrend	95	49	172	148	75	9	118	56	-51	-75
Net Margin	Volatile	23.0%	13.9%	35.5%	32.3%	24.1%	3.2%	27.7%	15.3%	-18.5%	-32.9%

Source: Financial Intelligence (Structured Quarterly Data)•Latest Quarter: Q2 FY2027•Figures in ₹ Crore • Margins in %•Automatically updated from Financial Intelligence · 2026-09-30

Key Takeaways

Consolidated revenue from operations grew 32.58% YoY to ₹4,118.66 million, driven by strong luxury travel demand and healthy occupancy.
Consolidated net profit attributable to owners rose 26.59% YoY and surged 93.84% QoQ to ₹945.85 million.
EBITDA reached ₹1,938.92 million, delivering an operating margin of 47.08%, expanding 391 bps sequentially from Q1 FY2027.
For the first half (H1 FY2027), consolidated revenue stood at ₹7,638.22 million compared to ₹5,854.39 million in H1 FY2026, up 30.47% YoY.
Finance costs remained well managed at ₹384.24 million in Q2 FY2027 compared to ₹380.78 million in Q2 FY2026, benefiting from earlier balance-sheet deleveraging.
The Nomination and Remuneration Committee approved the grant of 2,161,729 employee stock options under The Leela ESOP Scheme 2024 during the quarter.

Management Guidance

Management noted that due to the inherent seasonality of the luxury hospitality sector, quarterly financial performance is not representative of full-year results, with H2 traditionally benefiting from peak leisure and wedding travel seasons.

Sentiment Shift

Improving

Robust sequential rebound in net profit (+93.8%) and margin expansion back toward 47% confirm strengthening luxury travel momentum heading into peak winter quarters.

growth-oriented

disciplined

optimistic

Outlook

The company is positioned to capitalize on India's premium hospitality boom, supported by its luxury portfolio, expanding asset-light pipeline, and the upcoming seasonal uplift across corporate, inbound, and wedding bookings in H2 FY2027.

From the Annual Report (Key Quotes)

“In view of the seasonality of the sector, the financial results for the quarters are not indicative of the full year's performance.”

“Disclosure of segment-wise information is not applicable, as hoteliering is the Group's only business segment.”

Official Quarterly Documents

Earnings Press Release

Official quarterly earnings release published by the company.

Download

Earnings Call Transcript

Management discussion and analyst Q&A.

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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.