(formerly known as Schloss Bangalore Limited). (formerly known as Schloss Bangalore Private Limited)
As filed · General Updates
M&AWatchNotablemateriality 74 out of 100
What happened
Fact(formerly known as Schloss Bangalore Limited). (formerly known as Schloss Bangalore Private Limited).
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
RevisedEarlierQ1 FY27
Q1FY27 Operating Revenue grows 28% to ₹3,520 million and Operating EBITDA rises 41%, to ₹1,434 million PAT up ~4.6x to ₹488 million
NowQ1 FY27
So resorts, if you see our occupancy and ADR growth in our two hotels in Rajasthan, they both have done extremely well, double-digit growth, high double-digit growth, and hence 24% growth in terms of RevPAR.
Change
FactTarget revision
Implication
CapitSignal interpretationThe earlier statement reported a PAT of ₹488 million, while the current statement indicates a PAT of ₹61 crore, which is a significant decrease. This represents a material change in the target figures.
Watch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- Srinagar and Bandhavgarh will come towards the, I would say, towards the Q4, October to December of '27. (management committed by Q4 FY27)
- We definitely expect that to continue growing. (management committed by FY27)
Evidence
- The Leela Palaces Hotels and Resorts Acquires Ultra-Luxury Resort In Coorg, Karnataka(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q2 FY25
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%