NSE
BSECompany insights, generated from the most recent coverage.
No dividend declared for FY26 despite strong results — income-seeking investors may exit, pressuring premium valuation.
73.67% of promoter shares pledged (55.91% of total capital) creates forced-selling risk and signals promoter-level financial stress.
Pre-AGM selling pressure on Sep 3 as investors wait for clarity on resolutions and react to no-dividend news.
The Quarter story
The two most recent quarterly results, compared side-by-side.
Leela Palaces delivers strong seasonal profitability and improved cost efficiency, though rising leverage and cyclical demand swings require monitoring.
Consolidated EBITDA margin expanded from 42.5% in Q1 FY26 to 55.5% in Q4 FY26 — strong pricing power and cost control remain intact.
Consolidated net debt to EBITDA ratio climbed from 0.3x in Q1 FY26 to 1.6x in Q1 FY27 — increased leverage pressure requires monitoring.
Consolidated finance costs dropped from ₹860 Cr in Q1 FY26 to ₹393 Cr in Q1 FY27 — successful debt restructuring lowers interest burden.
Consolidated occupancy rose from 63.6% in Q1 FY26 to 71.8% in Q4 FY26 before easing to 67.5% in Q1 FY27 — seasonal booking patterns are normal.
Consolidated depreciation expenses grew from ₹264 Cr in Q1 FY26 to ₹327 Cr in Q1 FY27 — ongoing asset base expansion supports future capacity.
Consolidated RevPAR climbed from ₹11,963 in Q1 FY26 to ₹23,028 in Q4 FY26 then normalized to ₹13,982 in Q1 FY27 — seasonal rate adjustments are expected.
Consolidated other income fell from ₹265 Cr in Q1 FY26 to ₹85 Cr in Q1 FY27 — reduced ancillary earnings impact overall income.
Consolidated share of JV profit swung from ₹0.9 Cr in Q1 FY26 to -₹156 Cr in Q1 FY27 — volatile partner performance needs attention.
