Waterways Leisure Tourism
Waterways Leisure Tourism, which runs Cordelia Cruises, is expanding its fleet, adding Sky in October 2026 and Sun in November 2027, with Q1 FY27 operating revenue up 8% to ₹190 crore (Business Today, 25 Aug). Net profit fell 34% to ₹23 crore as margins narrowed (Business Today).
What it means Rival cruise operators face a larger Cordelia fleet competing for the same passengers.
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 9 Sept 2026. Summary written 3 Oct 2026.
Waterways Leisure Tourism is the operator of Cordelia Cruises, a domestic cruise brand. [1] source: The Hindu BusinessLine
Show 2 more paragraphs and 7 sources
Mint describes Cordelia Cruises as India's leading domestic ocean cruise brand. [2] source: Mint The company listed on 1 July, after a Rs 585 crore fresh issue with a price band of ₹769-808. [3] source: Mint[2] source: Mint[4] source: Business Today Its shares listed on the NSE at Rs 681, a 16% discount to the issue price. [4] source: Business Today
Waterways reported Q1 FY27 revenue of Rs 190 crore in July 2026, up 7.8% from Rs 176 crore a year earlier. [5] source: NDTV Profit Net profit fell 34.4% year-on-year to Rs 22.8 crore, and EBITDA margin contracted to 23.6% from 31.2%. [5] source: NDTV Profit The company set 26 August 2026 as the record date for its 1:10 stock split, which subdivides the ₹10 face value into Re 1 shares. [3] source: Mint Cordelia Cruises will deploy the new Cordelia Sky from Mumbai from 23 October 2026, with domestic Goa and Lakshadweep routes and Chennai-Southeast Asia sailings. [6] source: Business Today Cordelia Sky has a capacity of 2,004 passengers. [6] source: Business Today Business Today reported that a second ship, Sun, is planned for November 2027. [7] source: Business Today
Sources
Questions about Waterways Leisure Tourism
What are Waterways Leisure Tourism's expansion plans?
Cordelia Cruises, operated by Waterways Leisure Tourism, will deploy Cordelia Sky from Mumbai from 23 October 2026, with Goa and Lakshadweep routes and Chennai-Southeast Asia sailings. A further ship, Sun, is planned for November 2027. [6] source: Business Today[7] source: Business Today
How fast is Waterways Leisure Tourism growing in India?
Waterways Leisure Tourism reported Q1 FY27 revenue of Rs 190 crore, up 7.8% year-on-year from Rs 176 crore, while net profit fell 34.4% to Rs 22.8 crore. [5] source: NDTV Profit
What is Waterways Leisure Tourism's current strategy in India?
Waterways Leisure Tourism set 26 August 2026 as the record date for its 1:10 stock split. [3] source: Mint Its Cordelia Cruises brand will start Cordelia Sky sailings from Mumbai on 23 October 2026 [6] source: Business Today and plans to add the Sun ship in November 2027. [7] source: Business Today
More stories about Waterways Leisure Tourism
Stories that mention Waterways Leisure Tourism
1 story
Waterways Leisure Tourism is named in these stories but is not their subject.