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Luxury Indian hotel chain (Brookfield-backed) operating palace-style Leela-branded hotels and resorts.
Luxury Indian hotel chain (Brookfield-backed) operating palace-style Leela-branded hotels and resorts.
Earns room revenue plus food, banqueting and weddings, with owned hotels carrying most income and managed hotels adding fee income on other people's properties. Brookfield, the Canadian asset manager, controls it.
In one line: India's ultra-luxury heritage-style hotel brand.
Moat: narrow (brand, installed base). Recognized luxury heritage brand with prime locations, though smaller scale than Taj/Oberoi.
Headquarters: New Delhi, India · Founded: 1986 · Employees: 2,797
Size Leela Palaces Hotels & Resorts (THELEELA.NS) is an India Consumer Discretionary company (Hotels/Resorts/Cruise lines) with a market value of $2.45B, the 328th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹692.30 on 6 Nov 2026.
Performance Over six months the shares gained 64.5%, against -0.3% for the median peer and 0.0% for the India market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 17.4% over the last twelve months (peer median +5.7%); the operating margin is 41.6% (peer median 13.8%).
Valuation It trades at 43.7× forward earnings against a peer median of 17.1× (2nd most expensive of 17).
Capital Return on invested capital runs 6.6 points below its cost of capital (13.0% WACC).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹17.1B | ₹15.3B | ₹13.0B | ₹11.7B | ₹8.60B |
| Revenue growth | — | +17% | +11% | +36% | — |
| Gross profit | ₹11.2B | ₹9.02B | ₹6.93B | ₹6.04B | ₹4.14B |
| EBITDA | ₹8.35B | ₹7.39B | ₹5.76B | ₹5.53B | ₹3.92B |
| Net income | ₹4.63B | ₹4.03B | ₹478M | -₹21.3M | -₹617M |
| Free cash flow | n/a | -₹2.91B | -₹3.99B | ₹914M | -₹902M |
| Capital expenditure | n/a | ₹10.8B | ₹2.08B | ₹1.21B | ₹858M |
| Total debt | ₹18.2B | ₹18.1B | ₹41.4B | ₹44.5B | ₹38.8B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Leela Palaces Hotels & Resorts THELEELA.NS | $2.45B | +65% | +17% | 42% | 43.7× | n/a |
| Indian Hotels INDHOTEL.NS | $13.4B | +33% | +15% | 26% | 55.6× | 42.0% |
| EIH EIHOTEL.NS | $2.07B | -7% | +8% | 29% | 23.2× | 28.9% |
| ITC Hotels ITCHOTELS.NS | $3.85B | +5% | +65% | 25% | 34.6× | 37.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | THELEELA.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +14.9% | +7.4% | 4th highest of 21 |
| 6-month return | +64.5% | -0.3% | highest of 21 |
| Distance from 52-week high | -2.0% | -16.7% | 2nd highest of 21 |
| Revenue growth (TTM) | +17.4% | +5.7% | 4th highest of 21 |
| Operating margin | 41.6% | 13.8% | highest of 21 |
| Forward P/E | 43.7× | 17.1× | 2nd most expensive of 17 |
| ROIC minus cost of capital | -6.6 pp | +0.3 pp | 3rd lowest of 21 |
| EV / EBITDA | 29.7× | 13.6× | 2nd most expensive of 19 |
| Net debt / EBITDA | 1.9× | 2.5× | 7th least indebted of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Leela Palaces Hotels & Resorts THELEELA.NS | India | $2.45B | +65% | +17% | 42% | 43.7× | n/a | n/a |
| Resorttrust 4681.T | Japan | $2.36B | -1% | +8% | 12% | 16.4× | -6.4% | +9.4% |
| Scandic Hotels SHOT.ST | Sweden | $2.29B | +16% | +3% | 13% | 17.2× | 3.2% | +24.4% |
| BTG Hotels (Group) Co Ltd Shs -A- 600258.SS | China | $2.25B | -14% | -3% | 18% | 17.0× | -11.1% | +7.6% |
| Melia Hotels International MEL.MC | Spain | $2.67B | -10% | +5% | 13% | 15.2× | 7.3% | +31.5% |
| Lindblad Expeditions LIND | United States | $2.23B | +61% | +17% | 8% | 89.0× | 33.0% | +56.4% |
| Hbx Group International HBX.MC | Spain | $2.19B | +29% | +4% | 38% | 9.6× | -4.2% | +18.4% |
| Guoco 0053.HK | Hong Kong | $2.90B | 0% | -11% | 13% | n/a | -3.9% | +16.0% |
| Hotel Properties H15.SI | Singapore | $2.07B | +11% | +2% | 7% | n/a | n/a | n/a |
| EIH EIHOTEL.NS | India | $2.07B | -7% | +8% | 29% | 23.2× | 28.9% | +42.9% |
| Kyoritsu Maintenance 9616.T | Japan | $2.00B | +47% | +20% | 9% | 16.7× | 2.3% | +17.8% |
| Monarch Casino & Resort MCRI | United States | $1.92B | -8% | +5% | 27% | 15.6× | 6.7% | +24.2% |
| Shanghai Jin Jiang International Hotels 600754.SS | China | $3.18B | -16% | +5% | 14% | 19.5× | -8.1% | +6.9% |
| Chalet Hotels CHALET.NS | India | $1.88B | +2% | -17% | 34% | 28.1× | 24.1% | +57.5% |
| Shangri-La Asia 0069.HK | Hong Kong | $1.87B | -9% | +5% | 35% | 10.6× | -8.7% | +16.8% |
| Melco Resorts & Entertainment Ltd. Sponsored ADR MLCO | United States | $1.79B | -16% | +6% | 12% | 7.5× | -6.2% | +24.5% |
| SkiStar SKIS-B.ST | Sweden | $1.58B | +27% | +7% | 17% | 21.3× | 8.4% | +12.5% |
| ITC Hotels ITCHOTELS.NS | India | $3.85B | +5% | +65% | 25% | 34.6× | 37.0% | +64.8% |
| Monte-Carlo Societe des Bains de Mer BAIN.PA | France | $4.06B | +9% | +12% | 9% | n/a | 24.2% | +20.7% |
| Great Eagle 0041.HK | Hong Kong | $1.37B | -24% | +75% | 12% | n/a | -0.9% | +13.8% |
| Ventive Hospitality VENTIVE.NS | India | $1.34B | -17% | +15% | 29% | 26.2× | 29.9% | +78.5% |