Leela Palaces Hotels & Resorts Ltd
Established in 2019, Schloss Bangalore Limited is a luxury hospitality company operating under "The Leela" brand in India.[1]
- Market Cap ₹ 17,362 Cr.
- Current Price ₹ 519
- High / Low ₹ 527 / 381
- Stock P/E 57.3
- Book Value ₹ 270
- Dividend Yield 0.00 %
- ROCE 4.61 %
- ROE 3.61 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 30.0% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoters have pledged 73.6% of their holding.
- Earnings include an other income of Rs.210 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 87 | 46 | 115 | 282 | 322 | 375 | 437 | 447 | |
| 61 | 77 | 102 | 150 | 168 | 200 | 218 | 221 | |
| Operating Profit | 26 | -30 | 13 | 132 | 154 | 175 | 219 | 226 |
| OPM % | 30% | -65% | 11% | 47% | 48% | 47% | 50% | 51% |
| 1 | 2 | 3 | 27 | 29 | 99 | 209 | 210 | |
| Interest | 45 | 86 | 123 | 156 | 172 | 189 | 58 | 35 |
| Depreciation | 30 | 49 | 47 | 29 | 25 | 28 | 31 | 32 |
| Profit before tax | -47 | -162 | -154 | -25 | -13 | 58 | 340 | 369 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 41% | 19% | |
| -47 | -162 | -154 | -25 | -13 | 34 | 276 | 302 | |
| EPS in Rs | 1.24 | 8.26 | 9.03 | |||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 57% |
| 3 Years: | 16% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 134% |
| TTM: | 282% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 19 | 20 | 20 | 20 | 276 | 334 |
| Reserves | -5 | -48 | -194 | -41 | -45 | 6,066 | 8,693 |
| 1,006 | 1,313 | 1,601 | 1,766 | 1,857 | 1,587 | 376 | |
| 35 | 181 | 68 | 47 | 55 | 84 | 133 | |
| Total Liabilities | 1,041 | 1,466 | 1,495 | 1,792 | 1,887 | 8,014 | 9,536 |
| 986 | 1,426 | 1,387 | 1,676 | 1,708 | 1,769 | 1,860 | |
| CWIP | 1 | 0 | 3 | 6 | 23 | 56 | 72 |
| Investments | 0 | 0 | 0 | 0 | 0 | 4,724 | 6,086 |
| 53 | 40 | 105 | 110 | 156 | 1,465 | 1,518 | |
| Total Assets | 1,041 | 1,466 | 1,495 | 1,792 | 1,887 | 8,014 | 9,536 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 10 | 13 | 2 | 154 | 177 | 133 | 271 | |
| -1,018 | -366 | -145 | -40 | -138 | -5,956 | -1,399 | |
| 1,015 | 348 | 193 | -124 | -70 | 5,853 | 1,092 | |
| Net Cash Flow | 7 | -6 | 49 | -9 | -31 | 30 | -35 |
| Free Cash Flow | -1,008 | -346 | -138 | 123 | 100 | 63 | 168 |
| CFO/OP | 39% | -42% | 27% | 118% | 117% | 77% | 127% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 12 | 20 | 21 | 16 | 10 | 13 | 14 |
| Inventory Days | 192 | ||||||
| Days Payable | 348 | ||||||
| Cash Conversion Cycle | 12 | 20 | -134 | 16 | 10 | 13 | 14 |
| Working Capital Days | 17 | -1,303 | -485 | -236 | -324 | 132 | -70 |
| ROCE % | -7% | -2% | 8% | 9% | 5% | 5% |
Insights
In beta| Mar 2020 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Average Daily Rate (ADR) - 5 Owned Palaces INR |
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| Owned Portfolio Keys keys |
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| RevPAR (Revenue per Available Room) - 5 Owned Palaces INR |
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| Total Portfolio Keys keys |
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| Managed Portfolio Keys keys |
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| Net Promoter Score (NPS) - Portfolio Hotels score |
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| Occupancy (5 Owned Palaces) % |
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| RevPAR Premium (vs India Luxury Segment) x |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper advertisement confirming dispatch of Notice of Seventh Annual General meeting along with Annaul report of Leela Palaces Hotels & Resorts Limited.
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Letters To Shareholder(S) Whose E-Mail Addresses Are Not Registered With The Company, RTA And Depositories.
- Annual report FY2025-26 shared; 7th AGM on September 4, 2026 via VC/OAVM.
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Business Responsibility and Sustainability Reporting (BRSR)
- Leela Palaces filed FY2025-26 BRSR with assurance report on August 13, 2026.
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Reg. 34 (1) Annual Report.
- Submitted FY2025-26 annual report; AGM scheduled for September 4, 2026 via VC/OAVM.
- Notice Of Seventh Annual General Meeting Of The Company
Concalls
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT REC
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Jan 2026Transcript PPT REC
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Oct 2025Transcript PPT
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Jul 2025Transcript PPT REC
Business Model[1][2]
Leela Palaces Hotels & Resorts operates a hybrid asset-light and asset-heavy model by combining direct hotel ownership with long-term hotel management and franchise agreements. As of FY26, the Company owns 14 operational hotels and manages additional properties under long‑term HMA (Hotel Management Agreements), with a rapidly expanding asset‑light pipeline including Dubai, Sikkim, Mumbai Waterstone, and Jaisalmer.