CORDELIA NSE filing

Waterways Leisure Tourism Q2 FY27 PAT Soars 755% to ₹585 Crore on 31% Revenue Growth

The RealCase readHigh impact Positive

Waterways Leisure Tourism reported a 755% YoY increase in Q2 FY27 PAT to ₹585 Crore, on 31% YoY revenue growth to ₹1,329 Crore. Half-yearly revenue rose 16% to ₹3,230 Crore. EBITDA surged 3337% YoY to ₹777 Crore for the quarter. The company is expanding its fleet with two new vessels, increasing total staterooms by 126%.

Why it matters

The strong financial performance and aggressive fleet expansion plans are highly material and are expected to significantly impact investor perception and the company's market position.

The market read

The company has reported substantial year-on-year growth in revenue and profit, along with significant improvements in EBITDA margins. The fleet expansion plans also indicate positive future prospects.

Waterways Leisure Tourism Limited (formerly Waterways Leisure Tourism Private Limited) has announced its un-audited standalone and consolidated financial results for the second quarter and half year ended September 30, 2026. The company reported a significant surge in profitability, with Profit After Tax (PAT) for the quarter growing by 755% year-on-year to ₹585 Crore. This was driven by a 31% year-on-year increase in Revenue from Operations, which stood at ₹1,329 Crore for the quarter.

For the half-yearly period ended September 30, 2026, Revenue from Operations increased by 16% year-on-year to ₹3,230 Crore. The company also saw a substantial rise in EBITDA, which grew by 3337% year-on-year to ₹777 Crore for the second quarter, and by 131% year-on-year to ₹1,242 Crore for the half year. EBITDA margins improved to 58.45% for the quarter and 38.45% for the half year.

The company's investor presentation highlights the expansion of its fleet with the addition of "Norwegian Sky" and "Norwegian Sun", which are expected to commence sailing from October 23, 2026. The total number of staterooms will increase to 2,766 at full scale, representing a 126% increase. The presentation also details the company's strong market position in India's nascent cruise industry, with favorable growth drivers and significant medium-term potential. Financial metrics such as Load Factor, Revenue per PCD, and various cost structures were also provided, indicating operational efficiency improvements.

Filing to action

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Waterways Leisure Tourism Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Waterways Leisure Tourism Limited. Read the original for the full detail.

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