Leela Palaces

Leela Palaces Hotels & Resorts on Monday said it proposes to invest up to Rs 185 crore in its subsidiary Buildminds Real Estate Private Limited to meet the capital requirements for the construction of an upcoming 5-star hotel in Ayodhya. The investment in Buildminds will be made through subscription to Compulsorily Convertible Preference Shares (CCPS) in one or more tranches over one or more years, the company said in a regulatory filing. "Buildminds is engaged in the development of our upcoming 5-star hotel at Ayodhya. The proposed investment forms part of the company's overall commitment to fund the capital requirements of Buildminds and is intended to support its ongoing business operations, project development activities and long-term growth plans. "The investment shall be made in one or more tranches, depending upon the funding requirements. Being an investment in an existing subsidiary, this will not result in any change in the management control or any economic interest in .

Leela Palaces Hotels share price hit a life-time high of ₹518 in Monday's trade, after reporting a 460% surge in Q1FY27 net profit. JM Financial and Choice Broking raised the target price on stock.

ICICI Securities has reiterated its 'Buy' rating on ITC Hotels, Indian Hotels Company, Leela Palaces Hotels & Resorts, Chalet Hotels, Lemon Tree Hotels and Brigade Hotel Ventures.

International expansion exploration on, capex plan of ₹1,300 crore till 2030

Leela Palaces Hotels & Resorts on Tuesday reported a 46.26 per cent rise in consolidated net profit for the fourth quarter ended March at Rs 171.72 crore, on higher revenue from operations. The luxury hospitality player posted a net profit of Rs 117.41 crore for the corresponding period a year ago. During the January-March quarter (Q4) under review, its revenue from operations stood at Rs 484.42 crore, as against Rs 424.72 crore a year ago, a regulatory filing to the exchanges showed. Its total expenses rose to Rs 218.75 crore, from Rs 198.17 crore on a comparable year-on-year basis. For the full financial year 2025-26, Leela Hotels Palaces & Resorts posted a net profit of Rs 403 crore, from Rs 47.65 crore during the previous fiscal. The company informed that it will acquire BPBKC Properties Pvt Ltd (BPBKC) "for the purpose of exploring investment opportunities in the hospitality and real estate sectors" by the end of the current financial year for up to Rs 1 crore. Leela ...

PANAJI, Feb 27 (Reuters) - India's Leela Palaces Hotels & Resorts is betting that a tight supply of luxury hotel rooms ​and rising demand from wealthy travellers ill drive revenue and ​earnings growth in fiscal 2027, its chief executive said.

The brokerage preference remains hotels over aviation and luggage within the travel and related consumption basket, reflecting stronger earnings visibility in hotels

ICICI Securities has set a target price of ₹600 for Leela Palaces Hotels and Resorts, based on a 22x EV/Ebitda on December 2027 earnings estimates for its hotels business

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Leela Palaces, Hotels and Resorts has taken its first major step overseas with a 25 per cent stake in Sofitel The Palm FZE, a luxury beachfront property on Palm Jumeirah

When asked if the company was planning to divest its Chennai property, Chairman and MD Nair said, "We will take a decision on Chennai property shortly"