Leela Palaces, Hotels and Resorts
Latest, 14 Oct: Leela Palaces Q2 FY27 revenue rises 33% to ₹411.9 crore, profit up 27% to ₹94.6 crore.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 7 stories, the newest dated 30 Aug 2026. Summary written 14 Oct 2026. Newer developments are under Latest moves.
Leela Palaces, Hotels and Resorts is a listed Indian luxury hotel company, which Nomura describes as a super-luxury player alongside EIH. [1] source: Financial Express
Show 3 more paragraphs and 7 sources
Jefferies' August 2026 coverage put it at 15 hotels across 13 cities. [2] source: NDTV Profit The Hindu BusinessLine reported an IPO of ₹3,500 crore at ₹435/share, and Jefferies cites Brookfield's capital and hospitality expertise as support. [2] source: NDTV Profit[3] source: The Hindu BusinessLine
In August 2026 Leela Palaces announced it will invest up to ₹185 crore in subsidiary Buildminds, in which it holds a 76% equity stake, for a five-star hotel in Ayodhya. [4] source: ET Hospitality The investment is via compulsorily convertible preference shares in tranches through FY29. [4] source: ET Hospitality Jefferies initiated Buy coverage in August 2026 with a target price of Rs 675 per share, citing a 10-hotel pipeline and 5% annual room growth through FY31. [2] source: NDTV Profit For FY26, The Hindu BusinessLine reported revenue of ₹1,527 crore, PAT of ₹400 crore+ and an EBITDA margin of ~49%. [3] source: The Hindu BusinessLine
Nomura's July 2026 sector preview named Leela its top pick, followed by Indian Hotels and ITC Hotels. [5] source: Financial Express Mint listed Leela among chains raising renovation spending on marquee properties, with a 25% yield on cost for Leela. [6] source: Mint
Sources
Questions about Leela Palaces, Hotels and Resorts
What are Leela Palaces, Hotels and Resorts' expansion plans?
Leela Palaces, Hotels and Resorts plans to invest up to ₹185 crore in subsidiary Buildminds for a five-star hotel in Ayodhya, announced in August 2026, with the investment completing on or before FY29. [4] source: ET Hospitality
How fast is Leela Palaces, Hotels and Resorts growing in India?
Leela Palaces, Hotels and Resorts reported FY26 revenue of ₹1,527 crore and PAT of ₹400 crore+, with an EBITDA margin of ~49%. Mint reported Leela's PAT at ₹406 cr versus ₹47 cr and same-store RevPAR up 14%. [3] source: The Hindu BusinessLine[7] source: Mint
What is Leela Palaces, Hotels and Resorts' current strategy in India?
In August 2026 Leela Palaces, Hotels and Resorts committed up to ₹185 crore to its Ayodhya five-star hotel project, and Jefferies cited its 10-hotel pipeline. In July 2026 Mint listed Leela among chains raising renovation capex on marquee properties. [2] source: NDTV Profit[4] source: ET Hospitality[6] source: Mint
Who are Leela Palaces, Hotels and Resorts' main competitors?
In its July 2026 sector preview, Nomura named Leela Palaces, Hotels and Resorts its top pick in Indian hotels, followed by Indian Hotels and ITC Hotels. [5] source: Financial Express
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