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Schloss Bangalore Q1 FY26: Royal Revenue, Peasant Profits?

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1. At a Glance

Schloss Bangalore—luxury hotelier with a Leela tag and a P/E ratio so high it needs oxygen. Revenue is rising, EBITDA margins are elite, and post-IPO firepower is strong. But profits? Barely a tip from the Maharaja’s dinner bill.


2. Introduction with Hook

Imagine if Taj Hotels and a Bollywood wedding had a baby, raised it in a palace, and handed it a blank cheque—that’s Schloss. Born in 2019, this luxury hospitality brand has gone from boutique royalty to public darling faster than you can say “room service”.

  • Q1 FY26 Revenue: ₹275 Cr
  • Q1 PAT: ₹8.7 Cr (yes, decimal matters)
  • EBITDA Margin: 42.5%
  • P/E: 314x (yes, you read that right)

3. Business Model (WTF Do They Even Do?)

It’s Leela, but rebranded. The business is split between:

  • Asset-heavy hotels: Owns 5 top-tier hotels
  • Asset-light model: Manages 7 more for others
  • Franchise: 1 hotel under The Leela franchise
  • Revenue Model: Room rent, food & beverage, management fees, luxury tax bills disguised as cocktails

4. Financials Overview

MetricFY23FY24FY25TTM (Jun ’25)
Revenue (Cr)8601,1711,3011,301
EBITDA (Cr)381548595595
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