Leela Palaces Hotels & Resorts (THELEELA) investor relations material

Executive summary

• Achieved 28% year-over-year operating revenue growth and 41% rise in operating EBITDA for Q1 FY 2027, despite temporary travel disruptions impacting international arrivals.

• Maintained industry-leading guest satisfaction with a Net Promoter Score of 86, 12 points above the APAC luxury hospitality average.

• Achieved #2 global ranking among hotel brands and top rankings for flagship properties in India, marking the fifth time in the global top 3 since 2020.

• Portfolio expanded to 25 properties with 5,257 keys, including 15 operational hotels and 10 in the pipeline, contributing ~12% of India's luxury hospitality rooms.

• Approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with statutory auditor review and no material misstatements noted.

Financial highlights

• Operating revenues rose 28% YoY to INR 3,520 million, driven by same-store growth, Coorg contribution, higher F&B, and HMA fees.

• Operating EBITDA increased 41% YoY to INR 1,434 million, with margin expanding to 41%, the highest ever for an April–June quarter.

• Consolidated PAT grew five-fold YoY to INR 488 million, despite a INR 156 million loss from the Dubai JV.

• F&B revenue grew 25% YoY to INR 132 crore, contributing 38% of operating revenue.

• Standalone revenue from operations for Q1 FY27 was Rs. 1,024.69 million, up from Rs. 926.10 million in Q1 FY26.

Outlook and guidance

• Confident in delivering double-digit RevPAR growth and mid to high teens EBITDA growth for FY 2027.

• On track to add over 1,000 keys across pipeline assets, with new openings in wellness, desert leisure, and luxury residences.

• No significant headwinds anticipated for the next quarter or balance of the year.

• Long-term target of INR 20 billion EBITDA by FY 2030 remains on track, with mid to high-teens ROCE expected as new hotels become operational.

• Results note the seasonality of the hotel sector, indicating quarterly results are not indicative of full-year performance.