Leela Palaces Hotels & Resorts
435.25
-5.05(-1.15%)
Market Cap₹14,535.52 Cr
PE Ratio57.22
Industry-
Company Performance:
1D-1.15%
1M-0.50%
6M-0.07%
1Y-0.07%
5Y-0.07%
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More news about Leela Palaces Hotels & Resorts
22Aug 25
Schloss Bangalore Ltd to Rebrand as Leela Palaces Hotels & Resorts, Reports Strong Q1 Performance
Schloss Bangalore Ltd, owner of The Leela luxury hospitality chain, announced plans to rebrand as Leela Palaces Hotels & Resorts Limited, pending approvals. The company reported impressive Q1 financials with standalone revenue of ₹93.00 cr (up 22% YoY), net profit of ₹35.00 cr (from ₹10.00 cr loss), and EBITDA of ₹44.00 cr (up 29% YoY). The Board also appointed new Secretarial Auditors and recommended re-appointment of Mr. Anuraag Bhatnagar as Whole-Time Director.
29Jul 25
Schloss Bangalore Reports Strong Q1 FY26 Results with 25% Revenue Growth and Positive PAT
Schloss Bangalore Limited, operator of The Leela Palaces Hotels and Resorts, reported impressive Q1 FY26 results. Total income increased 25% year-on-year to INR 301.00 crores, while EBITDA grew 63% to INR 128.00 crores. The company turned profitable with a PAT of INR 8.70 crores. RevPAR rose 20% driven by occupancy and ADR improvements. Schloss Bangalore signed an agreement for expansion in Mumbai's BKC and aims to reach INR 2,000.00 crores EBITDA by FY30. The company launched ARQ, an invite-only membership club, and acquired land in Udaipur for expansion.
25Jul 25
Schloss Bangalore Invests ₹67.5 Crores in BKC Luxury Project Joint Venture
Schloss Bangalore Limited is investing ₹67.50 crores in a joint venture luxury project in Mumbai's Bandra Kurla Complex. The project, in partnership with a Brookfield affiliate, includes a 250-key luxury palace hotel and a commercial tower. Schloss Bangalore will hold a 50% stake in the venture, acquiring shares through a rights issue at ₹100 per share. The project is set to enhance the company's presence in Mumbai's prime business district.
22Jul 25
Schloss Bangalore Limited Reports Best-Ever Q1 Performance with 25% Revenue Growth
Schloss Bangalore Limited (The Leela) achieved its strongest Q1 performance to date. Total revenue increased by 25% to ₹3,013.00 million, while EBITDA surged by 63% to ₹1,280.00 million. The company reported a positive PAT of ₹87.00 million, compared to a loss in the previous year. Operational metrics also improved, with RevPAR up by 20%, occupancy growing by 4 percentage points, and ADR improving by 13%. The company secured a land parcel in Mumbai's BKC for a new Leela Palace Hotel and maintains a strong balance sheet with a net debt-to-EBITDA ratio of 0.30x.
05Jun 25
Schloss Invests ₹10.52 Billion in Bangalore and Chennai Properties
Schloss, a prominent real estate player, has invested ₹10.52 billion in two key properties in southern India. The company allocated ₹4.70 billion to Schloss Chanakya in Bangalore and ₹5.82 billion to Schloss Chennai. This strategic expansion targets two of South India's dynamic real estate markets, positioning Schloss to capitalize on the increasing demand for high-quality real estate in these metropolitan areas.
04Jun 25
Schloss Bangalore Consortium Secures Prime BKC Plot for ₹1,302 Crore
A consortium led by Schloss Bangalore has acquired an 80-year lease for a prime commercial plot in Mumbai's Bandra Kurla Complex (BKC) for ₹1,302 crore. The deal was made with the Mumbai Metropolitan Region Development Authority (MMRDA). The consortium plans to develop a mixed-use project on the site, including a luxury hotel. This acquisition highlights BKC's continued appeal as a prime location for commercial and mixed-use developments in Mumbai.
03Jun 25
Schloss Bangalore Consortium Secures Prime BKC Plot for ₹1,302 Crore
A consortium led by Schloss Bangalore has acquired an 80-year lease for a prime commercial plot in Mumbai's Bandra Kurla Complex (BKC) for ₹1,302 crore. The deal with the Mumbai Metropolitan Region Development Authority (MMRDA) involves plans for a mixed-use project including a luxury hotel. This acquisition in the sought-after business district demonstrates long-term commitment and could set benchmarks for future developments in the area.
03Jun 25
Schloss Bangalore Secures Prime BKC Plot for Rs 1,302 Crore, Plans Luxury Hotel
Schloss Bangalore Ltd. has acquired an 80-year lease for an 8,411.88 square metre commercial plot in Mumbai's Bandra Kurla Complex for Rs 1,302.00 crore. The company plans to develop a 250-key luxury hotel and mixed-use projects on the site. This acquisition comes a day after the company's stock market debut, where it listed below its IPO price.
02Jun 25
Hong Kong's Ward Ferry Management Acquires Rs 73 Crore Stake in Schloss Bangalore on Debut
Schloss Bangalore Ltd. made its stock market debut, closing at Rs 435.55 on the NSE, a 6.85% gain from its IPO price despite opening at a discount. Ward Ferry Management, through its WF Asian Reconnaissance Fund, purchased 17 lakh shares at Rs 434.13 each, totaling an investment of approximately Rs 73.00 crore on the listing day.
1 Year Returns:-0.07%