HLV Limited

HLV Limited

6.00
INR
+0.06
(+1.01%)
0.07EPS
112.44P/E
5.07BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
16.51
13.86
14.16
14.96
2.56
2.45
2.31
0.3
1.13
2.62
3.02
3.08
3.05
2.97
Basic EPS, GAAP
-10.15
-9.06
-3.86
-0.33
-0.43
-1.89
3.07
-0.57
-0.66
0.12
0.36
0.4
0.03
0.07
Free Cash Flow per Basic Share
2.34
5.03
3.1
4.48
3.57
3.32
1.69
-0.46
-0.75
0.54
0.36
0.34
0.08
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
19.26
8.95
3.17
2.81
6.09
4.21
7.25
6.69
6.25
6.35
6.73
7.1
7.14
- -
Tangible Book Value per Share
18.04
7.97
2.29
2.03
5.54
4.2
7.25
6.69
6.25
6.35
6.72
7.09
7.13
- -
Basic Weighted Avg Shares
435
459
467
467
538
631
631
631
647
659
659
659
659
697
Sales/Revenue/Turnover
7,184
6,365
6,609
6,980
1,378
1,543
1,457
189
730
1,729
1,991
2,033
2,009
2,069
Operating Margin (%)
-4.3
-20.69
-11.99
5.72
-16.31
-6.88
-32.11
-246.04
-43.81
3.01
8.74
7.76
-2.18
-1.17
Depreciation Expense
1,807
2,401
2,399
1,411
133
96
119
135
128
111
144
156
194
196
Net Income, GAAP
-4,415
-4,158
-1,802
-155
-232
-1,189
1,935
-359
-425
76
238
261
21
48
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
11.16
- -
- -
- -
- -
Profit Margin (%)
-61.45
-65.34
-27.26
-2.21
-16.84
-77.05
132.83
-189.88
-58.23
4.42
11.96
12.85
1.04
2.31
Working Capital
-25,228
156
-2,815
-4,538
-8,836
4,352
-582
-307
442
-44
876
1,005
1,041
- -
LT Debt
25,789
49,949
42,383
39,348
30,731
7,105
185
216
447
239
195
241
231
- -
Total Equity
8,698
4,178
1,481
1,309
3,842
2,655
4,574
4,217
4,122
4,188
4,434
4,679
4,710
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.8
3.76
3.37
-1.44
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
2.58
5.63
5.74
0.96
- -
Return on Common Equity (%)
-42.2
-64.59
-63.67
-11.08
-9.01
-36.61
53.54
-8.17
-10.19
1.84
5.52
5.73
0.44
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
122
- -
LT Borrowings
- -
35
- -
LT Finance Leases
- -
196
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
659
659
659
Market Capitalization
5,979
3,771
5,070

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,425
- -
Cash, Cash Equivalents & STI
- -
1,347
- -
Accounts Receivable, Net
- -
88
- -
Inventories
- -
84
- -
Total Current Liabilities
- -
1,383
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
122
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.68%
2.28%
0.68%
Free Cash Flow
-35.14%
-44.05%
-76.97%
Net Income, GAAP
1.91%
5.87%
-92.04%
Sales/Revenue/Turnover
28.35%
87.75%
-1.18%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
430
434
577
593
2,033
2026
407
358
609
635
2,009
2027
467
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.02
0.05
0.16
0.16
0.4
2026
-0.05
-0.15
0.1
0.13
0.03
2027
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Vivek Krishnan Nair
Full Time Employees
387
Sector
Consumer services
Industry
Hotels/Resorts/Cruise lines
Address
The Leela Mumbai Mumbai MA India 400059
IPO Date
Nov 3, 1994
Website
hlvltd.com
Business
HLV Limited engages primarily in owning, operating, and managing luxury hotels, palaces, and resorts across India. Its main product offerings include premium five-star hotel accommodations; full-service hospitality including spas, salons, restaurants, wedding banquet halls, fitness facilities, swimming pools, courtyards, casinos, and conference/meeting rooms. The company operates flagship properties such as The Leela Mumbai and has a portfolio of prestigious hotels including The Leela Palace in Goa, Bangalore, Chennai, and Kovalam. HLV Limited provides hospitality services to both leisure and business travelers, catering to a high-end market segment with a focus on luxury experiences. HLV Limited was incorporated in 1981 and is headquartered in Mumbai, India. The company changed its name from Hotel Leelaventure Limited to HLV Limited in December 2019, reflecting a refreshed corporate identity. Recent strategic developments include a global alliance with Global Hotel Alliance to offer The Leela DISCOVERY loyalty program to customers, and an international sales and marketing alliance with the Preferred Hotels & Resorts group, enhancing its global distribution network and exposure to multinational corporate clients and travel companies. In 2025, the company announced leadership changes with the appointment of a new Company Secretary and ongoing settlement discussions regarding lease rent liabilities for its Mumbai property. The company targets upscale domestic and international travelers, operating mainly in India’s key luxury hospitality markets, including Mumbai, Goa, Bangalore, Chennai, Kerala, and upcoming projects such as a new backwater resort near Ashtamudi. HLV Limited supports corporate events, MICE (Meetings, Incentives, Conferences, and Exhibitions) activities, and wedding segments, which significantly contribute to its food and beverage revenue streams. The company employs 447 people and continues to invest in property renovations and expanding its hotel and resort offerings to maintain its market position in the Indian luxury hotel industry. HLV Limited leverages its alliances and premium properties to serve discerning travelers seeking distinctive luxury hospitality experiences across India, combining heritage, contemporary design, and comprehensive amenities to maintain competitive advantage in the consumer discretionary lodging sector. Its latest operational focus is on strengthening global marketing partnerships and structured corporate governance as it navigates complex lease negotiations and market conditions. HLV Limited operates solely in the hospitality industry within India and maintains a significant presence through its iconic brand The Leela. The company’s comprehensive service range, strategic alliances, and ongoing property developments position it strongly among India’s leading luxury hotel operators.