Leela delivered a strong FY26 with operating revenue up 15% YoY to ₹1,527 Cr and EBITDA margin expanding 167 bps to 49%, driven by 14% same-store RevPAR growth and disciplined c...
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
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Geopolitical disruption impacting international travel
Middle East conflict caused a sharp drop in March occupancy, especially in city hotels with high international mix. Management noted international share fell from 50% to ~40%.
high · management_commentary
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Dubai asset write-off risk
Analyst raised possibility of write-offs on Dubai investment if situation persists. Management said it's too early to assess but acknowledged evaluating daily.
medium · analyst_question
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Cost inflation from new labor code and hiring
Employee costs rose due to new labor code impact and hiring for new value drivers, pressuring Q4 margins. Management expects normalization as revenue scales.