Leela Palaces Hotels & Resorts544408Hospitality, hotels
Leela Palaces and Hotels reported its strongest ever second-quarter numbers, raised guidance, and management outlined expansion and margin targets through FY30
By ScoutQuest · · 1 min read
- International traffic growth Q2
- 13 percent
- Margin band target
- 48 to 51 percent
- Current keys
- 4,000 keys
- Keys target by FY30
- 5,200 keys
- FY27 EBITDA estimate
- 1,000 crore rupees
Heard on business television between 10:36:06 - 10:39:06 IST.
- Stock gained almost 1% today after a big spike on Friday's trading session following strong Q2 results and raised guidance.
- CEO Anurag Bhatnagar said growth was high double-digit even excluding one-off events like weddings; international traffic grew 13% in Q2 versus last year.
- Company targets margins in the 48-51% band, with keys expanding from about 4,000 now to 5,000-5,200 by FY30.
- New revenue lines include the Arc membership club (new clubs opening in Chennai around Diwali and Mumbai in FY27) and Leela luxury residences (first opening in Mumbai by end of this financial year).
- Management indicated EBITDA could roughly double from about 1,000 crore rupees in FY27 to about 2,000 crore rupees by FY30, with revenue potentially reaching around 4,000 crore rupees; Brookfield remains a committed 76% owner.
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Also from Leela Palaces Hotels & Resorts
Q2 FY27 call: operating revenue up 33%, operating EBITDA up 36%, FY27 openings on track
22 Oct 2026
Leela Palaces and Hotels stock gained almost 1% after reporting its strongest ever second quarter numbers and raising guidance
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Source: Live TV News Channel · 19 Oct 2026
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