Leela Palaces Hotels & Resorts Limited has provided positive guidance during its Q3FY26 earnings conference call, with management expressing confidence about exceeding their earlier projections for the fiscal year.

Management Guidance Update

During the earnings call, management indicated that the company expects to exceed its earlier guidance of mid to high teens EBITDA growth for FY26. This optimistic outlook is driven by the strong performance delivered in the first nine months of the fiscal year.

Earnings Call Details

The earnings conference call was conducted on January 16, 2026, where the company's management discussed the financial performance and business developments for the third quarter of fiscal year 2026. The audio recording has been made available in compliance with regulatory requirements.

Strong Performance Trajectory

The management's confidence in exceeding the earlier EBITDA growth guidance reflects the company's robust operational performance during the first nine months of FY26. This positive momentum positions the hospitality company well for achieving better-than-expected financial results for the full fiscal year.

Access Information

The Q3FY26 earnings call recording is available on the company's official website at www.theleela.com . The company has ensured easy accessibility for all stakeholders interested in reviewing the detailed financial discussions and management commentary from the earnings call.

Leela Palaces Hotels & Resorts Limited has filed its quarterly monitoring agency report for Q3FY26 with BSE and NSE, demonstrating compliant utilization of Initial Public Offer proceeds. The report, prepared by ICRA Limited as the appointed monitoring agency, covers the quarter ended December 31, 2025.

IPO Proceeds Utilization Status

The monitoring report confirms no deviation from the original objects of the IPO issue. ICRA Limited verified that the utilization of issuance proceeds remains in line with the disclosed objectives in the offer document.

Fund Deployment Progress

The company has made substantial progress in deploying IPO proceeds according to the stated objectives. The primary use of funds involves debt repayment across the company and its subsidiaries.

Unutilized Funds Management

The company maintains ₹83.744 crores in unutilized proceeds, which are deployed in fixed deposits with State Bank of India earning returns between 5.10% to 6.50%. The total value of investments including accrued interest stands at ₹95.559 crores as of December 31, 2025.

Regulatory Compliance

The monitoring agency report was submitted pursuant to Regulation 32(6) of SEBI LODR Regulations, 2015, and Regulation 41(4) of SEBI ICDR Regulations, 2018. The Audit Committee reviewed and considered the report in its meeting held on January 16, 2026.

ICRA Limited confirmed that all arrangements for monitoring issue proceeds are functioning properly, with no major deviations observed from earlier monitoring reports. The company remains on schedule for completing its stated objectives within the planned timeframe of Fiscal 2026-2027.