WATERWAYS LEISURE TOUR L

During the earnings call for Q1 FY 2027, management reported that the geopolitical situation in the Middle East created significant headwinds for the global cruise sector, leading to high fuel costs. Despite these challenges, the company achieved a load factor of 105% and a net profit of Rs. 22.77 Crores, with a net profit margin of approximately 12%. The company served over 55,700 guests, reflecting a 10% growth compared to the previous year. Management highlighted strong demand for cruising in India and outlined plans to expand their presence in new destinations, including the introduction of a loyalty program and a new sales center in Cochin. They also discussed the impact of rising fuel costs on EBITDA margins and the strategy to pass these costs onto customers through fuel surcharges. The call concluded with management expressing optimism about future growth and the upcoming delivery of new ships.

Management reported strong performance but acknowledged significant challenges due to external factors.