What we do Waterways Leisure Tourism Limited operates passenger cruise ships, offering domestic and international luxury cruises with diverse amenities and entertainment along India's coastline and select foreign ports. |
Founded in 2,020 |
Market share A new entrant in the Indian cruise tourism market establishing presence with international itineraries to Sri Lanka, Malaysia, Thailand, and Singapore. |
Problem solved Provides unique cruise vacation experiences along Indian and neighboring maritime destinations, boosting tourism and leisure travel options. |
Top clients or who we serve Primarily serves leisure travelers B2C seeking premium cruise holidays within India and internationally. |
Key management - |
Our journey and innovations Started operations in 2021 with MV Empress cruise ship; expanded international sailings to Sri Lanka and Malaysia by 2023; planning IPO for expansion. |
Where we operate Indian coastal waters and international ports including Sri Lanka, Malaysia, Thailand, and Singapore. |
Top products or what we offer Cruise tourism services onboard MV Empress offering multi-amenity voyages with entertainment and cultural itineraries. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily cyclical, linked to seasonal cruise bookings and holiday travel demand. |
Our industry position Emerging player in Indian cruise tourism with growing international route offerings. |
Financial highlights Revenue Rs 579.75 Cr and Net Profit Rs 52.14 Cr as of FY ending March 2026, showing early profitability. |
Geographical revenue split - |
Order book - |
Whats driving growth Expansion of international itineraries, increasing domestic cruise interest, and planned capital infusion via IPO. |
Our future plans Intent to raise Rs 727 Cr through IPO to expand fleet and routes, enhancing service offerings. |
Our green promise - |
Our people and values - |
Key challenges ahead Navigating regulatory approvals, building brand presence in competitive tourism sector, and managing operational costs. |
Interesting facts MV Empress has 2,005 guest capacity with luxury amenities including casino, theater, spa, and diverse entertainment. |
Risks and strategy Risks include market volatility and travel restrictions, mitigated through diversified routes and enhanced guest experiences. |
