Leela Palaces Hotels & Resorts Limited has announced exceptional financial results for FY26, marking a defining year of record performance with the company delivering its highest-ever revenue, profitability, and margins while significantly outpacing industry growth. The Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 at their meeting held on April 28, 2026, which were published in newspapers on April 29, 2026 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Outstanding Financial Performance

The luxury hospitality company reported operating revenue growth of 15% to ₹15,273 million and operating EBITDA growth of 19% to ₹7,429 million for the financial year ended March 31, 2026. Profit after tax (PAT) rose significantly by approximately 8.5 times to ₹4,030 million from ₹477 million in FY25, while operating EBITDA margin improved substantially to 49%, representing an expansion of 167 basis points year-on-year.

Strong Q4 FY26 Performance

The fourth quarter results demonstrated sustained momentum with operating revenue growing 12% year-on-year to ₹4,844 million. Operating EBITDA increased 13% to ₹2,657 million, while PAT rose 46% to ₹1,717 million. The operating EBITDA margin for Q4 stood at approximately 55%, expanding by 57 basis points year-on-year.

Market Leadership and Operational Excellence

The company significantly outperformed the India luxury segment, delivering approximately 2.3 times RevPAR growth compared to the luxury segment benchmark. The RevPAR index strengthened to 150 in FY26 from 139 in FY25, reflecting continued market share gains. Food & Beverage revenue grew 15% year-on-year to ₹5,499 million, driven by seven curated F&B launches and upgrades across key properties.

The Leela sustained its Net Promoter Score (NPS) leadership with a score of 86 in FY26, significantly ahead of the luxury segment benchmark of 74 in the APAC region. The brand continued to receive global recognition, including "Best Hotel Group of the Year" for the sixth consecutive year.

Strategic Expansion and Balance Sheet Strength

FY26 marked The Leela's fastest pace of expansion with four additions across Mumbai BKC, Palm Jumeirah (Dubai), Jaisalmer, and Coorg, driving 23% growth in keys. The company acquired The Leela Coorg Forest Sanctuary in Q4 FY26, an all-villa ultra-luxury resort with 71 keys spread across 76 acres. The Leela now has a scaled footprint of over 5,200 luxury keys across business and leisure destinations, with 15 operational hotels (4,162 keys) and 9 hotels in the pipeline (1,065 keys).

The company significantly strengthened its balance sheet with net debt reducing from ₹25,677 million in FY25 to ₹12,707 million in FY26. Net Debt to EBITDA improved from 3.7x to 1.6x as of March 31, 2026, providing substantial headroom to fund future growth while maintaining a conservative leverage profile.

Leadership Commentary and Future Outlook

Commenting on the results, Mr. Anuraag Bhatnagar, Whole-time Director and Chief Executive Officer, highlighted the landmark performance: "FY26 has been a landmark year for The Leela. We delivered a strong, broad-based performance led by double-digit RevPAR growth, driving a 19% EBITDA growth and our highest ever PAT of ₹4,030 million. Our RevPAR outperformance at approximately 2.3 times of the luxury segment continues to deliver market share gains, underscoring our pricing power."

The company remains well-positioned for multi-year growth with a visible pipeline of 1,000+ keys by FY30 across owned developments and capital-light management contracts. The growth strategy continues to be anchored in a combination of owned developments in high barrier-to-entry markets, capital-light management contracts, and value-accretive asset upgrades.

Leela Palaces Hotels & Resorts Limited has released its comprehensive Q4 FY26 investor presentation ahead of its earnings conference call held on April 28, 2026. The company also uploaded the audio recording of the earnings call, making both resources available for stakeholder access through its investor relations portal.

Q4 FY26 Financial Performance Highlights

The investor presentation showcased strong operational performance across key metrics. The company delivered robust growth with significant improvements in profitability and operational efficiency.

Conference Call and Documentation Details

The earnings call was conducted on April 28, 2026, at 5:00 PM IST, with the audio recording uploaded the same day. The presentation was released in compliance with Regulation 30 read with Para A Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Participation

The earnings call featured key members of the company's leadership team who presented the quarterly performance and addressed investor queries.

Operational Excellence and Market Position

The presentation highlighted the company's market leadership with an Operating EBITDA margin of 49% and consistent outperformance versus the luxury industry benchmark. The company maintained its NPS leadership position at 86, significantly above the industry benchmark of 74.

Access and Compliance Information

Both the investor presentation and audio recording are available on the company's investor relations website at www.theleela.com/investors . The documentation was signed by Company Secretary Jyoti Maheshwari (Membership No. A24469) and submitted to stock exchanges as required under regulatory guidelines.