Leela Palaces Hotels & Resorts Ltd
THELEELA NSE
Leela Palaces Hotels & Resorts Ltd
Consumer DiscretionaryNSE: THELEELA BSE: 544408 Leisure Services
Established in 2019, Schloss Bangalore Limited is a luxury hospitality company operating under "The Leela" brand in India.[1]
AI Verdict: BUY Confidence: 7%
Leela Palaces Hotels & Resorts commands a strong growth profile with TTM sales growth of 17% and a massive 750% TTM profit growth, supported by unanimous analyst consensus (100% Buy from 15 analysts). However, the PE of 33.9x and zero dividend payout warrant caution at current levels.
Key Fundamentals
SmallcapHotels & ResortsLeisure ServicesMarket Cap
₹16,235 Cr
Volatility
High Risk
P/E Ratio
40.09
EBITDA
₹734 Cr
Debt to Equity
11.75
Book Value
₹191.75
52W High
₹511
52W Low
₹384.5
Technical Indicators
Key Insights
Strengths
1- Company has reduced debt.
Weaknesses
2- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
Growth Rate
Revenue Growth
8.58% ↗
Net Income Growth
866.65% ↗
Cash Flow Change
2.62% ↗
ROE
1550.00% ↗
ROCE
-75.04% ↘
EBITDA Margin (Avg.)
-7.77% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 15d agoBUY
Risk medium
Leela Palaces Hotels & Resorts commands a strong growth profile with TTM sales growth of 17% and a massive 750% TTM profit growth, supported by unanimous analyst consensus (100% Buy from 15 analysts). However, the PE of 33.9x and zero dividend payout warrant caution at current levels.
Bull Case 8
- Unanimous analyst consensus with 100% Buy ratings from all 15 analysts covering the stock, indicating strong institutional conviction
- Exceptional TTM profit growth of 750% demonstrates a sharp earnings inflection and operating leverage in the luxury hospitality model
- Robust 3-year compounded profit CAGR of 106% confirms this is not a one-quarter anomaly but a sustained earnings recovery
- TTM sales growth of 17% indicates healthy topline momentum driven by premium room rates and occupancy improvements
- 3-year compounded sales CAGR of 21% reflects strong secular demand for luxury hospitality in India post-pandemic
- Company has actively reduced debt, improving balance sheet quality and reducing interest burden for future profitability
- Price-to-book ratio of 2.13x is reasonable for a luxury hotel brand with prime real estate assets across key Indian cities
- Market cap of Rs 13,859 Cr positions Leela as a mid-to-large cap with adequate liquidity for institutional participation
Bear Case 8
- PE ratio of 33.9x is elevated for a hospitality stock, leaving limited margin of safety if growth slows from current 17% revenue trajectory
- Zero dividend yield despite reporting repeated profits suggests capital allocation priorities may not favour minority shareholders
- Stock has delivered negative 1-year CAGR of -6%, indicating recent price weakness and possible near-term overhang
- ROE of only 8% in the last year is below the cost of equity, suggesting the business is not yet generating adequate returns on shareholder capital
- Company might be capitalizing interest costs, which could overstate reported profitability and asset values on the balance sheet
- Absence of longer-term ROE data (3-year, 5-year, 10-year all unavailable) makes it difficult to assess sustainable return generation capability
- No 52-week high/low data available limits technical assessment; lack of historical price context increases uncertainty
- Debt-to-equity ratio not disclosed, making it hard to fully assess financial leverage risk despite claims of debt reduction
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 14h ago Neutral 2
- Virtual investor conference scheduled Jun 16
Leela Palaces Hotels & Resorts will attend the Ashika Institutional Equities Virtual Conference on June 19, 2026.
- Multiple investor meets in Mumbai May 29
Company scheduled investor meets on June 1, 3, and 5, 2026, in Mumbai. No unpublished price sensitive information will be shared.
TL;DR: Limited news flow for Leela Palaces with only routine investor meeting announcements in recent weeks. No material positives or negatives have emerged. The company is maintaining regular engagement with institutional investors, which signals normal IR activity. Absence of operational or financial updates makes it difficult to assess near-term direction.
Quarterly Results
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 228 | 277 | 370 | 425 | 275 | 311 | 457 | 484 |
| Expenses | 162 | 163 | 184 | 198 | 173 | 175 | 222 | 219 |
| Operating Profit | 66 | 114 | 187 | 227 | 101 | 136 | 235 | 266 |
| OPM % | 29% | 41% | 50% | 53% | 37% | 44% | 51% | 55% |
| Other Income | 12 | 23 | 33 | 38 | 27 | 23 | 7 | 10 |
| Interest | 119 | 122 | 117 | 99 | 86 | 38 | 39 | 40 |
| Depreciation | 38 | 39 | 31 | 31 | 26 | 27 | 29 | 30 |
| PBT | -79 | -25 | 71 | 135 | 16 | 93 | 174 | 206 |
| Tax % | -5% | 107% | 21% | 13% | 45% | 20% | 15% | 17% |
| Net Profit | -75 | -51 | 56 | 117 | 9 | 75 | 148 | 172 |
| EPS in Rs | — | — | — | 4.25 | 0.26 | 2.24 | 4.43 | 5.14 |
Profit & Loss
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Sales | 860 | 1,171 | 1,301 | 1,527 |
| Expenses | 479 | 623 | 706 | 787 |
| Operating Profit | 381 | 548 | 595 | 740 |
| OPM % | 44% | 47% | 46% | 48% |
| Other Income | 43 | 55 | 106 | 64 |
| Interest | 360 | 436 | 459 | 203 |
| Depreciation | 125 | 148 | 140 | 113 |
| PBT | -61 | 19 | 102 | 488 |
| Tax % | 2% | 111% | 53% | 17% |
| Net Profit | -62 | -2 | 48 | 403 |
| EPS in Rs | — | — | 1.73 | 12.07 |
| Div. Payout % | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 20 | 20 | 276 | 334 |
| Reserves | -2,532 | -2,846 | 3,280 | 6,070 |
| Borrowings | 3,883 | 4,453 | 4,142 | 1,811 |
| Other Liabilities | 4,504 | 5,434 | 568 | 709 |
| Total Liabilities | 5,876 | 7,062 | 8,266 | 8,924 |
| Fixed Assets | 5,259 | 6,212 | 6,305 | 7,853 |
| CWIP | 27 | 39 | 131 | 229 |
| Investments | 0 | 0 | 14 | 0 |
| Other Assets | 589 | 811 | 1,816 | 841 |
| Total Assets | 5,876 | 7,062 | 8,266 | 8,924 |
Cash Flow
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Operating | 318 | 539 | 553 | 777 |
| Investing | -85 | -786 | -5,730 | -637 |
| Financing | -318 | 147 | 5,236 | -170 |
| Net Cash Flow | -84 | -100 | 59 | -31 |
| Free Cash Flow | 233 | 419 | 345 | -337 |
| CFO/OP | 86 | 104 | 95 | 111 |
Ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 30 | 23 | 25 | 19 |
| Inventory Days | — | — | — | 112 |
| Days Payable | — | — | — | 258 |
| Cash Conversion Cycle | 30 | 23 | 25 | -128 |
| Working Capital Days | -65 | -1,666 | -76 | -66 |
| ROCE % | — | 30% | 12% | 9% |
Documents
1
Announcement under Regulation 30 (LODR)-Change in Management
28 Apr - Board approved FY26 audited results, investment in BPBKC Properties, and PwC Services LLP as internal auditor for FY27. 28 Apr - Board approved FY26 audited results, investment in BPBKC Properties, and PwC Services LLP as internal auditor for FY27.
2
Announcement under Regulation 30 (LODR)-Acquisition
28 Apr - Board approved FY26 audited results, investment in BPBKC Properties, and PwC Services LLP as internal auditor. 28 Apr - Board approved FY26 audited results, investment in BPBKC Properties, and PwC Services LLP as internal auditor.
3
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
28 Apr - Q4 FY26 earnings conference call audio recording uploaded on company website on April 28, 2026. 28 Apr - Q4 FY26 earnings conference call audio recording uploaded on company website on April 28, 2026.
4
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Apr - Newspaper Publication pertaining to Audited Financial Results for the quarter and year ended March 31, 2026 29 Apr - Newspaper Publication pertaining to Audited Financial Results for the quarter and year ended March 31, 2026
5
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Apr - Newspaper Publication pertaining to Audited Financial Results for the quarter and year ended March 31, 2026 29 Apr - Newspaper Publication pertaining to Audited Financial Results for the quarter and year ended March 31, 2026
4
Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 13 May 2026
General_Announcements
Frequently Asked Questions about Leela Palaces Hotels & Resorts Ltd
What does Leela Palaces Hotels & Resorts Ltd do?
Established in 2019, Schloss Bangalore Limited is a luxury hospitality company operating under "The Leela" brand in India.[1]
Where is Leela Palaces Hotels & Resorts Ltd (THELEELA) listed?
Leela Palaces Hotels & Resorts Ltd is listed on the Indian stock exchanges. It is listed on NSE: THELEELA and BSE: 544408. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Leela Palaces Hotels & Resorts Ltd belong to?
Leela Palaces Hotels & Resorts Ltd operates in the Consumer Discretionary sector within the Leisure Services industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Leela Palaces Hotels & Resorts Ltd?
Leela Palaces Hotels & Resorts Ltd has a market capitalisation of approximately ₹16235.36 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Leela Palaces Hotels & Resorts Ltd?
The Price-to-Earnings (PE) ratio of Leela Palaces Hotels & Resorts Ltd is 40.09. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Leela Palaces Hotels & Resorts Ltd?
Over the past 52 weeks, Leela Palaces Hotels & Resorts Ltd has traded between a low of ₹384.5 and a high of ₹511. This range helps investors understand the stock's price volatility and recent trading levels.
How can I research Leela Palaces Hotels & Resorts Ltd on Tapetide?
On Tapetide, you can view Leela Palaces Hotels & Resorts Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Established in 2019, Schloss Bangalore Limited is a luxury hospitality company operating under "The Leela" brand in India.[1]