Leela Palaces Shares Hit 52-Week High on Jefferies Coverage
By Business Desk
Leela Palaces Hotels & Resorts shares surged to a 52-week high of ₹582.85 after Jefferies initiated coverage, projecting strong 19-20% EBITDA/PAT growth.
Leela Palaces Hotels & Resorts shares surged by nearly 4.97% on Monday, August 31, 2026, reaching an intraday and 52-week high of ₹582.85 per unit on the National Stock Exchange. This significant ascent followed global investment banking firm Jefferies initiating coverage on the pure-play luxury hospitality company.
Key Figures on Leela Palaces
- Share Price Surge: 4.97%
- 52-Week High: ₹582.85 per unit
- Date of High: August 31, 2026
- Market Capitalization: ₹19,319.46 crore
Jefferies analysts project a robust compound annual growth rate (CAGR) of 19-20% for Leela’s EBITDA and PAT between fiscal years 2026 and 2029. They highlighted the company as a unique investment opportunity within India’s expanding premiumisation theme, driven by increasing demand for luxury travel experiences.
The Brookfield-backed company is implementing an owned-led expansion strategy. Leela demonstrates the highest owned-room growth among competitors, with an 80% CAGR and a 50% room mix, alongside an increasing share in leisure travel.
Q1 FY27 Performance Snapshot
- Consolidated Net Profit: ₹49 crore (a 444% year-on-year jump from ₹9 crore in Q1 FY26)
- Revenue from Operations: ₹352 crore (a 28% year-on-year increase from ₹275 crore in Q1 FY26)
- Adjusted Operating EBITDA: ₹143 crore (a 41.6% year-on-year increase from ₹101 crore)
- EBITDA Margin: A record 40.6% (up from 36.7% year-on-year)
Leela Palaces Hotels & Resorts’ strong financial performance in Q1 FY27, coupled with Jefferies’ optimistic long-term projections, underscores its position in India’s luxury hospitality sector. The company’s strategic expansion and focus on premium experiences appear to resonate with market analysts and investors.