What we do HLV Ltd operates luxury hotels, palaces, and resorts in India, focusing on hospitality services in both leisure and business sectors with iconic five-star properties. |
Founded in 1,981 |
Market share A leading luxury hospitality player in India with landmark hotels like The Leela Palace chain. |
Problem solved Offers premium hospitality experiences addressing luxury accommodation and event needs for affluent travelers and business guests. |
Top clients or who we serve Leisure and business travelers in India; operates in B2C hospitality segment targeting high-end clientele. |
Key management Vivek Nair (Chairman & Managing Director), Dinesh Nair (Co-Chairman & Managing Director). |
Our journey and innovations Since 1981, grew via collaborations with Kempinski and Four Seasons; expanded flagship properties; strategic alliances like Global Hotel Alliance enhanced reach. |
Where we operate Major Indian cities including Mumbai, Goa, Bangalore, Delhi, Udaipur and Chennai. |
Top products or what we offer Luxury hotel stays, resorts, business event facilities, and affiliated spa services through The Leela brand. |
Top brands The Leela Kempinski Mumbai, The Leela Palace Goa, The Leela Palace Kempinski Bangalore, The Leela Palace New Delhi, The Leela Palace Chennai. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily cyclical, linked to travel and hospitality industry trends |
Our industry position Recognized leader in India's luxury hotel segment, known for quality and iconic properties. |
Financial highlights FY 2024-25 revenue Rs. 203 crore; Net profit Rs. 26 crore, reflecting 9.8% growth over prior year. |
Geographical revenue split - |
Order book - |
Whats driving growth Increasing luxury travel demand, property expansions, and strategic marketing alliances. |
Our future plans Focus on asset optimization, lease renewals, and strengthening financial position post asset sales. |
Our green promise Invested in energy-efficient tech, renewable wind energy, water recycling, and plans for solar installation. |
Our people and values Diverse board with strong governance; focus on ethical business and employee welfare. |
Key challenges ahead Ongoing litigations, lease disputes, and financial restructuring post sale of major assets. |
Interesting facts Operates India's biggest beach resort in Kerala and combines global management tie-ups with local luxury. |
Risks and strategy Mitigating legal disputes and leveraging brand value while managing financial and market risks. |
