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THELEELA

Leela Palaces Hotels & Resorts Limited

Hotels/Resorts/Cruise lines/ NSE

Compiled

Auto-generated from filings and public channels — no analyst dossier.

If management delivers what it guided

arithmetic on filed guidance and past valuations · not a price target

THELEELA

FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹495 today

BEAR

₹304

-38%

5.8% a year · 23.8x exit

BASE

₹508

+3%

10% a year · 38.2x exit

BULL

₹730

+48%

13.6% a year · 53.3x exit

Where the market has priced it

11x41x today54x

FY26 earnings of Rs 12.07 sit 7x the prior year (Rs 1.73) and 7x the median of the years before it — a discontinuity, not a run-rate this projection can assume continues
this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 6 Hotels/Resorts/Cruise lines peers
FY27 one quarter filed — the pace is shown, not judged: guided +10.0%, filed +28.0% across 1 quarter(s)

How these numbers are produced

Earnings base	FY26 fiscal year EPS ₹12.07 (screener)
Guided growth	10% a year, said on the call of 06-May-2026 · transcript
Read across as	operating: revenue growth, margin held flat — medium confidence
Delivery calibration	0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings
Exit multiple	23.82x / 38.23x / 53.27x, this company’s own p20 / median / p80 across 6 filed years
Filed-industry peers	median 38.23x across 6 peers — the cross-check, not the input
Arithmetic	base EPS × (1 + guided growth × delivery)¹ × exit multiple

Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.

How to read this

It answers one question. If this management delivers the growth it told its own investors it would, and the market pays what it has historically paid for this company's earnings, where does the arithmetic land? Nothing here is a forecast of the share price.
Three cases, two moving parts. Bear, base and bull vary the delivery — what fraction of guidance managements actually file — and the exit multiple together, because a company that misses its guidance is usually de-rated for missing it. Each case shows the growth rate and the multiple that produced it.
Read the width, not just the middle. A wide gap between bear and bull means the inputs are uncertain, not that the upside is bigger. A narrow range is a more confident statement than a high one.
“Where the market has priced it” puts today's P/E on the company's own historical range. Sitting far below that range is why a scenario can look enormous: the number is then mostly about re-rating, not about delivery, and the board marks those separately.
The bullets underneath are the caveats — a borrowed peer multiple, a thin filed history, an earnings base that carried a one-off. They are the reasons to trust the number less, listed rather than buried.

Not a price target, not a recommendation, and not a forecast of what the stock will do. The field guide covers the method.

What management said

from NSE earnings-call filings · extracted, not interpreted

generic growth 10%revenue growth 10%

Notably, our RevPAR growth exceeded industry by more than two times, supported by double-digit growth and market share expansion across both key city markets and leisure destinations.

Call 06-May-2026 · bridge confidence medium · transcript PDF

Pace against its own guidance

FY27 one quarter filed — the pace is shown, not judged

guided 10.0% filed 28.0% 1 of 4 quarters

Coverage

SectorHotels/Resorts/Cruise lines

Dossiersnone

Guidanceyes

Scenarioyes

Street chatter

unverified · logged from public channels

360 ONE WAM, with 13% UPSIDE- Recovery in flows lifts earnings outlook

Leela Palaces Hotels & Resorts, with 36% UPSIDE- Commendable quarter; demand outlook remains robust

Polycab India, with 11% UPSIDE- Structural tailwinds strengthen earnings trajectory

JSW Infrastructure, with 12% UPSIDE- Cuts FY26 guidance; introduces

Guidance20 Jan 10:55

Ltd, Inventurus Knowledge Solutions Ltd, JSW Infrastructure Ltd, JSW Steel Ltd, Jubilant Pharmova Ltd, Kaynes Technology India Ltd, Leela Palaces Hotels & Resorts Ltd, Lodha Developers Ltd,

Mention only10 Feb 10:25

Leela Palaces Hotels & Resorts | Q1 FY27 Highlights

Financial Performance

Operating revenue ₹352 crore (+28% YoY).

Operating EBITDA ₹143.4 crore (+41% YoY).

PAT ₹48.8 crore (+460% YoY).

EBITDA margin 41% (+383 bps YoY).

Key Highlights

RevPAR grew 17% YoY.

ADR increased **10% Yo

Results31 Jul 09:29

CORRECTION - LEELA PALACES : CON NET PROFIT UP 457 % AT 48.79 CR (YOY), DOWN 72 % (QOQ)

Results31 Jul 08:28