The Leela Palaces, Hotels & Resorts Ltd (formerly Schloss Bangalore Ltd) is a luxury hospitality company operating under the iconic “The Leela” brand. Incorporated in 2019 and listed in 2023, the company manages a portfolio of 13 luxury properties across India—5 owned, 7 managed under long-term contracts, and 1 franchised. With a strong presence in key metro and leisure destinations like Delhi, Mumbai, Bengaluru, Udaipur, and Goa, The Leela benefits from India’s growing premium travel and MICE (Meetings, Incentives, Conferences, Exhibitions) tourism demand. Despite recent profit growth, the company faces challenges related to high debt and low return ratios. This article provides a data-backed outlook on the Leela Hotels share price target 2026–2030.
The Leela Palaces, Hotels & Resorts Ltd: Company Overview
- Founded: 2019 (listed via IPO in December 2023)
- Headquarters: Bengaluru, Karnataka
- Business Model: Hybrid asset-light + asset-heavy (owns 5 hotels, manages 7, franchises 1)
- Brand Legacy: “The Leela” is one of India’s most prestigious luxury hotel brands
- Strategic Edge: Long-term management contracts with stable fee income; exposure to high-spending domestic and international tourists
The company raised ₹2,500 Cr through its IPO at ₹418 per share—a premium valuation reflecting brand strength and post-pandemic travel recovery.
The Leela Palaces, Hotels & Resorts Ltd: Key Financial Snapshot
| Metric | Value |
|---|---|
| Current Share Price | ₹419.00 |
| Market Capitalization | ₹14,004.52 Cr |
| No. of Shares Outstanding | 33.40 Cr |
| 52-Week High / Low | ₹475 / ₹381 |
| P/E Ratio (TTM) | 409.08 |
| P/B Ratio | 1.55 |
| EPS (TTM) | ₹1.03 |
| Book Value (TTM) | ₹270.32 |
| ROE | 1.08% |
| ROCE | 5.27% |
| Dividend Yield | 0.00% |
| Face Value | ₹10 |
| Cash | ₹76.94 Cr |
| Total Debt | ₹1,377.33 Cr |
| Debt-to-Equity | 0.15 |
| Sales Growth (YoY) | 16.33% |
| Profit Growth (YoY) | 366.40% |
| Promoter Holding | 75.91% |
The Leela Palaces, Hotels & Resorts Ltd Share Price Target Forecast (2026–2030)
| Year | Target Price Range (₹) |
|---|---|
| 2026 | ₹440 – ₹490 |
| 2027 | ₹470 – ₹540 |
| 2028 | ₹500 – ₹600 |
| 2029 | ₹530 – ₹670 |
| 2030 | ₹560 – ₹740 |
The Leela Palaces, Hotels & Resorts Ltd Share Price Target 2026
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2026 | ₹440 | ₹490 |
The Leela reported 366% YoY profit growth and 16.33% sales growth in FY25, driven by strong occupancy rates and average room rate (ARR) recovery post-pandemic. However, its P/E of 409x is extremely high—even for a luxury hospitality stock—reflecting aggressive optimism rather than current earnings power. With ROE at just 1.08%, the stock trades on future potential, not fundamentals. A 2026 target of ₹440–₹490 assumes continued RevPAR (Revenue per Available Room) growth and controlled capex.
The Leela Palaces, Hotels & Resorts Ltd Share Price Target 2027
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2027 | ₹470 | ₹540 |
India’s luxury travel market is expanding at 12–15% CAGR, supported by rising domestic HNI spending and inbound tourism. If The Leela sustains 20%+ EBITDA margins and reduces debt (currently ₹1,377 Cr), investor sentiment could improve. Assuming EPS grows to ₹1.50–₹1.80 by FY27 and P/E normalizes to 280–300x (still rich but more reasonable), the 2027 range is ₹470–₹540.
The Leela Palaces, Hotels & Resorts Ltd Share Price Target 2028
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2028 | ₹500 | ₹600 |
By 2028, benefits from new management contracts and asset optimization should reflect in cash flow stability. The company’s asset-light expansion strategy limits capital intensity, supporting margin resilience. A P/E of 250–280x on projected EPS (~₹2.00–₹2.15) supports the ₹500–₹600 band.
The Leela Palaces, Hotels & Resorts Ltd Share Price Target 2029
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2029 | ₹530 | ₹670 |
Long-term tailwinds include India’s G20 legacy, infrastructure upgrades, and global luxury travel diversification away from Europe/China. Risks include economic slowdowns impacting discretionary spend and execution delays in new contracts. Using a P/E of 240–270x on FY29 EPS (~₹2.20–₹2.50), the 2029 target is ₹530–₹670.
The Leela Palaces, Hotels & Resorts Ltd Share Price Target 2030
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2030 | ₹560 | ₹740 |
Over a five-year horizon, The Leela’s value lies in its irreplaceable brand and scalable model—not dividends (0% yield). If it achieves 25%+ ROCE and deleverages, re-rating potential exists. A terminal P/E of 230–260x on FY30 EPS (~₹2.40–₹2.85) justifies the ₹560–₹740 range.
The Leela Palaces, Hotels & Resorts Ltd: Shareholding Pattern
| Category | Holding (%) |
|---|---|
| Promoters | 75.91% |
| Domestic Institutional Investors (DII) | 10.58% |
| Foreign Institutional Investors (FII) | 9.02% |
| Public & Retail | 4.50% |
| Others | 0% |
High promoter holding ensures strategic continuity. Rising institutional interest reflects confidence in the brand and post-IPO governance.
The Leela Palaces, Hotels & Resorts Ltd: Strengths vs Risks
Strengths:
- Iconic “The Leela” brand with premium positioning
- The hybrid model balances ownership upside with management fee stability
- Strong post-pandemic recovery in luxury travel (RevPAR up 18% in FY25)
- Backed by experienced hospitality promoters
Risks:
- Extremely high P/E (409x) leaves little room for error
- Low ROE (1.08%) and ROCE (5.27%) indicate poor capital efficiency
- ₹1,377 Cr debt requires careful monitoring despite D/E of 0.15
- No dividend history (0% yield) limits income appeal
Investment Suitability
| Factor | Assessment |
|---|---|
| Risk Profile | High |
| Ideal Time Horizon | 3–5+ years |
| Volatility | Higher than market average (small-cap hospitality) |
| Dividend/Income Potential | None (0% yield) |
| Best For | Growth-oriented investors betting on India’s luxury travel boom |
- Profit-taking after a 2024 rally
- Concerns over rising working capital days
- Sector-wide correction in chemical stocks amid global rate fears
- Sumitomo Chemical India: Premium global agrochemical play (debt-free, high ROCE)
- PI Industries: Strong domestic + export mix, better dividend yield
- UPL: Larger scale but higher debt and governance concerns
- Profit-taking after a 26% rally in 2025
- Concerns over promoter consolidation (Bharti’s increased stake)
- Lack of dividends limiting retail interest
Final Verdict
The Leela Palaces, Hotels & Resorts Ltd combines a world-class brand with a scalable hospitality model. However, its sky-high P/E and low returns make it a speculative bet, not a value play. Our Leela Hotels share price target 2026–2030 (₹440 to ₹740) reflects cautious optimism—contingent on sustained luxury travel demand and operational execution.
Disclaimer: Price targets are estimates based on publicly available data and sector analysis. They are not investment advice. Consult a SEBI-registered advisor before making decisions.
Sources
- Screener.in – The Leela Consolidated Page (FY2025 + TTM)
- Finology Ticker – THELEELA Financial Ratios & Valuation
- The Leela Investor Presentation (Q3 FY26, Jan 2026)
- BSE India – Annual Report FY2025
- Ministry of Tourism – India Luxury Travel Outlook 2025






