Waterways Leisure Tourism Ltd (CORDELIA) Q2FY27 Concall Summary - Sep-2026 Qtr
Key Takeaways
- The new vessel, Cordelia Sky, is expected to generate 100% more revenue than the existing Empress, driven by a superior cabin mix.
- Management is pursuing further fleet expansion beyond the announced 'Sun' and has already advanced 442.9 million towards a new vessel acquisition.
- A fuel surcharge of $15-20 per person per day is being levied to mitigate the impact of higher fuel costs, which had an adverse impact of 28 crore in H1.
Performance Overview
- Delivered strong performance in Q2 & H1 FY27, with both year-on-year and sequential improvements despite geopolitical and macroeconomic headwinds.
- Achieved a significant milestone with the early delivery of the new vessel, Cordelia Sky, one month ahead of schedule, which increases capacity by approximately 126%.
- Maintained a disciplined approach to sales, inventory management, and cost control to protect earnings quality amidst rising fuel costs.
- Strengthened customer relationships by launching a new loyalty program, the 'Chairman's Club', to encourage repeat travel and build customer value.
- The company is actively exploring further fleet expansion opportunities beyond the already announced vessels, Sky and Sun, to align with market growth.
Financial Metrics
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Operating Performance / Business Segments
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Key Discussions & Insights
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Outlook and Guidance
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Challenges / Concerns
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Industry / Competitive Landscape
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Overall Summary
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