Leela Palaces Hotels

Leela delivered a strong FY26 with operating revenue up 15% YoYCurrent reported value: 15% YoY. No comparable prior figure is available in the source record. to ₹1,527 Cr and EBITDA margin expanding 167 bpsCurrent reported value: 167 bps. No comparable prior figure is available in the source record. to 49%Current reported value: 49%. No comparable prior figure is available in the source record., driven by 14%Current 14%. Reported change: +14% YoY. same-store RevPAR growth and disciplined cost management. PAT surged to ₹403 CrCurrent reported value: ₹403 Cr. No comparable prior figure is available in the source record. from ₹48 Cr, aided by lower finance costs. Q4 saw 12% revenue growth despite geopolitical disruptions impacting March occupancy, but ADR grew 15% and domestic demand remained robust. Management guided for double-digit RevPAR growth in Q1 FY27 and expects occupancy to recover to early 70s. The Coorg acquisition and ARK membership club are key growth drivers. Risk: prolonged Middle East conflict could further pressure international inbound travel and delay Dubai asset ramp-up.