Cordelia Cruises
Cordelia Cruises is growing: operator Waterways Leisure posted Q2 revenue of ₹133 crore, up 30.9%, and a ₹54.4 crore net profit (CNBC-TV18, 9 Oct). But ₹49.5 crore of that profit is a one-off gain, and EBITDA was only ₹9.7 crore (CNBC-TV18).
What it means Rival cruise operators face a larger Mumbai fleet when Cordelia Sky launches on 23 October 2026.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
- Reported: Revenue grew 30.9% to ₹133 crore, but EBITDA of only ₹9.7 crore shows that growth is converting into operating profit thinly, so pricing, occupancy and per-sailing costs are the levers to watch.Reported: Cordelia Cruises operator Waterways Leisure posts ₹54.4 crore Q2 profit, but ₹49.5 crore is a one-off gain. Revenue rose 30.9% to ₹133 crore, while EBITDA was ₹9.7 crore.Watch:
- Reported: Waterways Leisure Tourism, operator of Cordelia Cruises, approved a 1:10 stock split aimed at boosting retail affordability and liquidity.Reported: Watch:
Background
From 7 stories, the newest dated 9 Oct 2026. Summary written 11 Oct 2026.
Cordelia Cruises is a domestic ocean cruise brand in India, operated by Waterways Leisure Tourism.[1] source: Mint
Show 3 more paragraphs and 7 sources
NDTV Profit describes it as India's only domestic ocean cruise brand.[2] source: NDTV Profit Waterways Leisure Tourism listed on the exchanges on 1 July 2026, opening at Rs 681 on NSE, 16% below its Rs 808 IPO price. The Rs 585-crore IPO was booked 1.46x overall.[2] source: NDTV Profit
For Q2, Waterways Leisure Tourism reported a net profit of ₹54.4 crore against a net loss of ₹8.9 crore a year earlier, as revenue rose 30.9% to ₹133 crore. The profit included an exceptional gain of ₹49.5 crore (CNBC-TV18, October 2026).[3] source: CNBC-TV18 In Q1, revenue rose 8% year-on-year to Rs 190 crore and net profit was Rs 23 crore, down 34% year-on-year (July 2026).[4] source: Business Today
Cordelia Cruises will deploy the new Cordelia Sky from Mumbai from 23 October 2026, with domestic Goa and Lakshadweep routes plus Chennai-Southeast Asia sailings.[5] source: Business Today The ship has a capacity of 2,004 passengers.[5] source: Business Today A further vessel, Sun, is planned for November 2027.[6] source: Business Today Waterways Leisure Tourism set 26 August 2026 as the record date for a 1:10 stock split, cutting face value from Rs 10 to Rs 1.[7] source: Business Today
Sources
Questions about Cordelia Cruises
What are Cordelia Cruises' expansion plans?
Cordelia Cruises will deploy the new Cordelia Sky from Mumbai from 23 October 2026, adding domestic Goa and Lakshadweep routes and Chennai-Southeast Asia sailings. A further ship, Sun, is planned for November 2027. [5] source: Business Today[6] source: Business Today
Who owns Cordelia Cruises?
Cordelia Cruises is operated by Waterways Leisure Tourism, a company that listed on the exchanges on 1 July 2026. [1] source: Mint[2] source: NDTV Profit
How fast is Cordelia Cruises growing in India?
Cordelia Cruises' operator Waterways Leisure Tourism reported Q2 revenue up 30.9% to ₹133 crore, with a net profit of ₹54.4 crore that included a ₹49.5 crore exceptional gain (October 2026). [3] source: CNBC-TV18
What is Cordelia Cruises' current strategy in India?
Cordelia Cruises plans to deploy Cordelia Sky from Mumbai from 23 October 2026 and add Sun in November 2027. Operator Waterways Leisure Tourism set 26 August 2026 as the record date for a 1:10 stock split. [5] source: Business Today[6] source: Business Today[7] source: Business Today