LEMON TREE HOTELS LTD·TOURISM & HOSPITALITY 39.25·Leisure Services Companies

Price

108.33

+0.34%
O:108.3
H:110.5
L:108.01
C:108.33

52W Range

99.61180.68
+9%/-40%

Market Cap

₹8,582.41 Cr

Traded: ₹28.23 Cr (0.33%) 0.0x

Free Float: ₹2,475.17 Cr (1.14% of FF traded)

Volume · 60D trend

25.9 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-1% 3M:-4% 6M:-5% 12M:-33%

Valuation

P/E36.6
P/B6.2
P/S5.8
EV/EBIT18.7

Business Strength

ROE18.4%
ROCE12.7%
OPM47.8%
NPM19.9%

Growth (3Y CAGR)

EPS+15.7%
Sales+18.0%
Profit+29.0%
3Y Return+5.0%

Balance Sheet

Debt/Equity1.1
Debt1,501 Cr
Pledge0.0%
CWIP/Fixed Asset3.0%

Cash Position

CFO/NP188.2%
FCF406 Cr
FCF 3Y Avg989 Cr
Cash/MCap1.0%

Others

Div Yield0.0%
Div Payout0.0%
Cash Conv. Cycle-200 days
Tradeable Free Float28.8%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 183.44 Cr
7.41% FF
60d high
₹ 195.01 Cr
60d low
₹ 160.28 Cr
60d mean
₹ 175.18 Cr
vs mean
▲ 4.72%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
+6.0%
+12.0%
+18.0%
--
--
Accelerating
Return
--
+22.0%
+5.0%
-23.0%
--
Decelerating
Profit
+27.0%
+32.0%
+29.0%
--
+19.0%
Decelerating
Sales
+15.0%
+42.0%
+18.0%
--
+10.0%
Decelerating

Quarterly Results

Jun 2026

8 Aug
Rev
345 Cr
+9% YoY-17% QoQ
OPM43.0%
NPM16.5%
PAT
--57 Cr
EPS
+21% YoY0.6

Mar 2026

29 May
Rev
416 Cr
+10% YoY+2% QoQ
OPM52.0%
NPM27.9%
PAT
+10% YoY116 Cr
EPS
+7% YoY1.1

Dec 2025

7 Feb
Rev
406 Cr
+14% YoY+33% QoQ
OPM50.0%
NPM20.2%
PAT
+32% YoY82 Cr
EPS
+0% YoY0.8

Sep 2025

PDF
Rev
306 Cr
+8% YoY-3% QoQ
OPM43.0%
NPM13.7%
PAT
+17% YoY42 Cr
EPS
+19% YoY0.4

Jun 2025

PDF
Rev
316 Cr
+18% YoY-17% QoQ
OPM44.0%
NPM15.2%
PAT
+93% YoY48 Cr
EPS
+92% YoY0.5

Mar 2025

PDF
Rev
379 Cr
+16% YoY+7% QoQ
OPM54.0%
NPM28.5%
PAT
+26% YoY108 Cr
EPS
+26% YoY1.1

Dec 2024

PDF
Rev
355 Cr
+22% YoY+25% QoQ
OPM52.0%
NPM22.5%
PAT
+77% YoY80 Cr
EPS
+76% YoY0.8

Sep 2024

PDF
Rev
284 Cr
+25% YoY+6% QoQ
OPM46.0%
NPM12.3%
PAT
+31% YoY35 Cr
EPS
+28% YoY0.4

Jun 2024

PDF
Rev
268 Cr
+20% YoY-18% QoQ
OPM43.0%
NPM7.5%
PAT
-16% YoY20 Cr
EPS
-17% YoY0.3

Mar 2024

PDF
Rev
327 Cr
+29% YoY+13% QoQ
OPM52.0%
NPM25.7%
PAT
+52% YoY84 Cr
EPS
+52% YoY0.8

Dec 2023

PDF
Rev
290 Cr
+24% YoY+28% QoQ
OPM49.0%
NPM15.2%
PAT
-11% YoY44 Cr
EPS
-10% YoY0.5

Sep 2023

PDF
Rev
227 Cr
+15% YoY+1% QoQ
OPM45.0%
NPM11.4%
PAT
+35% YoY26 Cr
EPS
+38% YoY0.3

Jun 2023

PDF
Rev
224 Cr
---11% QoQ
OPM47.0%
NPM12.5%
PAT
+69% YoY28 Cr
EPS
--0.3

Mar 2023

PDF
Rev
253 Cr
--+8% QoQ
OPM55.0%
NPM23.3%
PAT
+279% YoY59 Cr
EPS
--0.6

Dec 2022

Rev
234 Cr
--+19% QoQ
OPM54.0%
NPM20.9%
PAT
+2237% YoY49 Cr
EPS
--0.5

Sep 2022

Rev
197 Cr
----
OPM48.0%
NPM9.6%
PAT
+181% YoY19 Cr
EPS
--0.2

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity1.44
Interest Coverage4.4x
Promoter Pledge0.0%
Borrowings2.0K Cr

Efficiency

Receivable Days29 days
Inventory Days59 days
Payable Days289 days
Cash Conversion cycle-200 days

Cash Position

Operating Cash Flow542 Cr
Investing Cash Flow-169 Cr
Financing Cash Flow-370 Cr
Free Cash Flow406 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023PDF ↗
Dec 2022
Sep 2022
Sales345416406306316379355284268327290227224253234197
Expenses195202201176176175171154153156149125118113107103
Operating Profit14921520513114020318413111517114110210614012694
OPM %43.0%52.0%50.0%43.0%44.0%54.0%52.0%46.0%43.0%52.0%49.0%45.0%47.0%55.0%54.0%48.0%
Other Income21-302211104131211
Interest36394142454750515253534748454445
Depreciation36353534343535353533332323242425
Profit Before Tax79142995663122100452989563536735925
Tax %28.0%18.0%17.0%25.0%23.0%12.0%20.0%23.0%31.0%6.0%21.0%25.0%24.0%20.0%18.0%22.0%
Net Profit5711682424810880352084442628594919
Exceptional Items---2-31000000000000--
EPS (Rs)0.61.10.80.40.51.10.80.40.30.80.50.30.30.60.50.2
Sales Growth (YoY)9.2%9.8%14.4%7.8%17.9%15.9%22.4%25.1%19.6%29.3%23.9%15.2%--------
Sales Growth (QoQ)-17.1%2.5%32.7%-3.2%-16.6%6.8%25.0%6.0%-18.0%12.8%27.8%1.3%-11.5%8.1%18.8%--
OP Growth (YoY)6.4%5.9%11.4%0.0%21.7%18.7%30.5%28.4%8.5%22.1%11.9%8.5%--------
OP Growth (QoQ)-30.7%4.9%56.5%-6.4%-31.0%10.3%40.5%13.9%-32.7%21.3%38.2%-3.8%-24.3%11.1%34.0%--
Profit Growth (YoY)--10.0%32.0%17.0%93.0%26.0%77.0%31.0%-16.0%52.0%-11.0%35.0%69.0%279.0%2237.0%180.6%
EPS Growth (YoY)20.8%7.5%0.0%18.9%92.0%25.9%75.6%27.6%-16.7%51.8%-10.0%38.1%--------
EPS Growth (QoQ)-49.6%45.6%79.5%-8.3%-55.1%35.4%113.5%48.0%-70.6%88.9%55.2%-3.3%-46.4%12.0%138.1%--
OP Margin43.2%51.7%50.5%42.8%44.3%53.6%51.8%46.1%42.9%52.3%48.6%44.9%47.3%55.3%53.9%47.7%
Net Margin16.5%27.9%20.2%13.7%15.2%28.5%22.5%12.3%7.5%25.7%15.2%11.4%12.5%23.3%20.9%9.6%
Material Cost %--5.3%5.7%6.5%6.3%6.1%5.5%6.0%6.1%6.3%5.7%5.8%5.5%5.1%5.6%6.3%
Employee Cost %--15.2%14.6%19.1%18.4%15.1%15.9%19.1%18.9%15.2%16.9%20.4%19.0%16.2%16.3%18.3%
P/S5.836.256.426.64------------------------
P/E36.6039.9340.9940.89------------------------
P/B6.176.327.307.28------------------------

Shareholding Pattern

Shareholders:4.2L (+72.9%)
Current MixJun 2026

Exchange Filings

50
Company Update20 Aug 2026

Press Release for opening of Lemon Tree Hotel, Bharuch

Company Update14 Aug 2026

Transcript of conference call with Analysts/ Institutional Investor s

Company Update13 Aug 2026

Press Release - The Company has signed a License Agreement viz. Lemon Tree Premier, Visakhapatnam

Company Update12 Aug 2026

We wish to inform you that the management of the Company will be attending the Investor Conference on August 19, 2026.

Company Update12 Aug 2026

We wish to inform you that the management of the Company will be attending the Investor Conference on August 17, 2026 and August 18, 2026.

Company Update10 Aug 2026

Press Release - The Company has signed two License Agreements viz. Lemon Tree Premier, Madurai and Keys Select by Lemon Tree Hotels, Mcleodganj.

Company Update10 Aug 2026

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the investor conference call on Unaudited Financial Results ....

Company Update08 Aug 2026

Intimation of newspaper publication for unaudited financial results for the quarter ended June 30, 2026.

Result07 Aug 2026

Results for the Quarter ended on June 30, 2026

Company Update07 Aug 2026

The Board of Directors of the Company, subject to the approval of shareholder, has approved the appointment of Mr. Patanjali Govind Keswani as Chairman and Non-Executive Director w.e.f. ....

Company Update07 Aug 2026

The Board of Directors has approved the execution of a Joint Venture Agreement between Carnation Hotels Private Limited, wholly owned subsidiary of the Company and RJ Corp Limited in respect ....

Company Update07 Aug 2026

Investor Presentation for Q1 FY 2027 Unaudited Financial Results

Company Update07 Aug 2026

Intimation of Grant of SAR units under LTHL Stock Appreciation Rights Scheme - 2024

Board Meeting07 Aug 2026

Please find attached herewith Outcome of the Board Meeting

Company Update06 Aug 2026

Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Termination of Lease Deed by Fleur Hotels Limited for Lemon Tree Premier, Leisure Valley 2, Gurugram.

Company Update24 Jul 2026

Extension of validity of Letter of Award received by Fleur Hotels Limited (material subsidiary) from Delhi Development Authority ("DDA") for development and operations of "Aurika, Nehru Place".

Company Update16 Jul 2026

Disclosure under regulation 30 of SEBI (LODR) Regulations 2015- Termination of Hotel Operating Agreement and License Agreement-Lemon Tree Hotel, Erode, Tamil Nadu.

Company Update14 Jul 2026

The Company has signed a License Agreement viz. Lemon Tree Hotel, Jorhat in Assam.

Company Update14 Jul 2026

Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Termination of Hotel Operating Agreement and License Agreement- Lemon Tree Wildlife Resorts, Kanha.

Company Update10 Jul 2026

Disclosure under Regulation 30 of SEBI (LODR), Regulations, 2015 - Termination of Hotel Operating Agreement and License Agreement - Lemon Tree Hotel, Hubli.

Company Update06 Jul 2026

Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended June 30, 2026.

Company Update30 Jun 2026

Press Release for opening of Keys Lite by Lemon Tree Hotels, Ajmer

Insider Trading / SAST25 Jun 2026

Intimation for closure of Trading Window

Company Update22 Jun 2026

Press Release - The Company has signed a License Agreement viz. Lemon Tree Hotel, Janakpur in Nepal.

Insider Trading / SAST19 Jun 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Franklin Templeton Mutual Fund

Company Update18 Jun 2026

Press release - Company has signed two License Agreements viz. Lemon Tree Resort, Tadgaon and Lemon Tree Resort, Igatpuri, both located in the State of Maharashtra.

Company Update17 Jun 2026

Press release for opening of Lemon Tree Hotel, Sri Ganganagar

Company Update10 Jun 2026

Please find enclosed the schedule for Analysts / Institutional Investor meeting.

Company Update08 Jun 2026

Press Release - Company has signed a franchise agreement viz. Keys Prima by Lemon Tree Hotels, Jaipur, Rajasthan

Company Update08 Jun 2026

Appointment of Senior Management Personnel of the Company

Company Update01 Jun 2026

Disclosure under Regulation 30 of SEBI (LODR), Regulations, 2015- Termination of Franchisee Agreement

Company Update29 May 2026

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Investors Conference Call on Audited Financial Results ....

Company Update29 May 2026

Annual Secretarial Compliance Report for the financial year 2025-26

Company Update29 May 2026

Please find enclosed herewith Intimation of Publication of Financial Results for the Quarter and year ended March 31, 2026

Company Update28 May 2026

Investor Presentation for the quarter and financial year ended on March 31, 2026

Company Update28 May 2026

Appointment of Internal Auditors for the Financial Year 2026-27

Result28 May 2026

Results for the Quarter and Financial Year ended on 31.03.2026

Board Meeting28 May 2026

Please find attached herewith Outcome of the Board Meeting

Company Update25 May 2026

Signing of License Agreement viz. Lemon Tree Hotel, Kumbakonam in Tamil Nadu

Company Update25 May 2026

Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company will host ....

Company Update23 May 2026

Approval of Competition Commission of India

Company Update22 May 2026

Transfer of Equity Shares of Material Subsidiary Company pursuant to Share Purchase Agreement (SPA) dated January 9, 2026

Board Meeting22 May 2026

Lemon Tree Hotels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2026 ,inter alia, to consider and approve the Audited Financial Results ....

Company Update18 May 2026

Press Release -The Company has signed a Franchise Agreement viz. Keys Prima by Lemon Tree Hotels, Karnal

Company Update15 May 2026

Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Press Release- The Company has signed a License Agreement viz. Lemon Tree Hotel, Satya Nagar, Bhubaneswar.

Company Update15 May 2026

Press release for opening of Keys Select by Lemon Tree Hotels, Chirang

Company Update14 May 2026

Press Release for opening of Lemon Tree Hotel, Bhubaneswar

Company Update08 May 2026

Press Release for opening of Keys Select by Lemon Tree Hotels, Amritsar

Company Update06 May 2026

Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Termination of Master Service Agreement by Berggruen Hotels Private Limited (material subsidiary of the Company)

Company Update05 May 2026

Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Press Release- The Company has signed a License Agreement viz. Lemon Tree Hotel, Ahilyanagar.

Annual Reports

11

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2010

Credit Ratings

6
crisilRating update
20 Aug 2025Report
icraRating update
15 Jul 2025Report
icraRating update
09 Aug 2024Report
crisilRating update
24 Jun 2024Report
crisilRating update
icraRating update

Concalls

51

Feb 2026

28 Feb 2026

Jan 2026

31 Jan 2026

Nov 2025

30 Nov 2025

Aug 2025

31 Aug 2025

Jun 2025

30 Jun 2025

Mar 2025

31 Mar 2025

Feb 2025

28 Feb 2025

Nov 2024

30 Nov 2024

Nov 2024

30 Nov 2024

Aug 2024

31 Aug 2024

Aug 2024

31 Aug 2024

Jun 2024

30 Jun 2024

Feb 2024

29 Feb 2024

Feb 2024

29 Feb 2024

Feb 2024

29 Feb 2024

Nov 2023

30 Nov 2023

Aug 2023

31 Aug 2023

Jun 2023

30 Jun 2023

Feb 2023

28 Feb 2023

Nov 2022

30 Nov 2022

Sep 2022

30 Sept 2022

Aug 2022

31 Aug 2022

Jun 2022

30 Jun 2022

Apr 2022

30 Apr 2022

Feb 2022

28 Feb 2022

Dec 2021

31 Dec 2021

Dec 2021

31 Dec 2021

Dec 2021

31 Dec 2021

Nov 2021

30 Nov 2021

Aug 2021

31 Aug 2021

Jun 2021

30 Jun 2021

Feb 2021

28 Feb 2021

Feb 2021

28 Feb 2021

Dec 2020

31 Dec 2020

Nov 2020

30 Nov 2020

Aug 2020

31 Aug 2020

Aug 2020

31 Aug 2020

Jun 2020

30 Jun 2020

Feb 2020

29 Feb 2020

Nov 2019

30 Nov 2019

Sep 2019

30 Sept 2019

Sep 2019

30 Sept 2019

Sep 2019

30 Sept 2019

Sep 2019

30 Sept 2019

Aug 2019

31 Aug 2019

May 2019

31 May 2019

Feb 2019

28 Feb 2019

Nov 2018

30 Nov 2018

Aug 2018

31 Aug 2018

Jun 2018

30 Jun 2018

Jun 2018

30 Jun 2018

Held by ETFs

12 ETFs hold LEMONTREE · sorted by weight

#ETFWeight %
1

MOSMALL250

MOTILALAMC - MOSMALL250

0.25%
2

MOTOUR

MOTILALAMC - MOTOUR

2.49%
3

SMALLADD

DSPAMC - SMALLADD

0.25%
4

SMALL250

MIRAEAMC - SMALL250

0.25%
5

SBISMLETF

SBIAMC - SBISMLETF

0.25%
6

HDFCSML250

HDFCAMC - HDFCSML250

0.25%
7

MONIFTY500

MOTILALAMC - MONIFTY500

0.03%
8

MULTICAP

MIRAEAMC - MULTICAP

0.06%
9

HDFCBSE500

HDFCAMC - HDFCBSE500

0.03%
10

BSE500IETF

ICICIPRAMC - ICICI500

0.03%
11

AONETOTAL

AONEAMC - AONETOTAL

0.03%
12

GROWWSC250

GROWWAMC - GROWWSC250

0.25%

Held by Mutual Funds

44 schemes hold LEMONTREE · sorted by weight

#SchemeWeight %
1

HSBC Consumption Fund

HSBC Mutual Fund

1.80%
2

Kotak Nifty India Tourism Index Fund

Kotak Mahindra Mutual Fund

2.72%
3

Franklin India Multi Cap Fund

Franklin Templeton Mutual Fund

1.70%
4

Franklin India Opportunities Direct Fund

Franklin Templeton Mutual Fund

1.14%
5

SBI Long Term Advantage Fund

SBI Mutual Fund

1.08%
6

Tata Nifty India Tourism Index Fund

Tata Mutual Fund

2.54%
7

HSBC ELSS Tax Saver Fund

HSBC Mutual Fund

0.93%
8

HSBC Small Cap Fund

HSBC Mutual Fund

0.78%
9

Franklin India Aggressive Hybrid Fund

Franklin Templeton Mutual Fund

0.67%
10

Franklin India Small Cap Fund

Franklin Templeton Mutual Fund

1.19%
11

ITI Bharat Consumption Fund

ITI Mutual Fund

0.84%
12

ITI ELSS Tax Saver Fund

ITI Mutual Fund

1.02%
13

Franklin India Flexi Cap Fund

Franklin Templeton Mutual Fund

0.47%
14

SBI Small Cap Fund

SBI Mutual Fund

0.38%
15

Franklin India Balanced Advantage Fund

Franklin Templeton Mutual Fund

0.58%
16

HSBC Multi Cap Fund

HSBC Mutual Fund

0.62%
17

Franklin India ELSS Tax Saver Fund

Franklin Templeton Mutual Fund

0.62%
18

Franklin India Retirement Fund

Franklin Templeton Mutual Fund

0.28%
19

Groww Nifty Smallcap 250 Index Fund

Groww Mutual Fund

0.27%
20

Motilal Oswal Nifty Smallcap 250 Index Fund

Motilal Oswal Mutual Fund

0.28%
21

Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund

Tata Mutual Fund

0.29%
22

ICICI Prudential Nifty Smallcap 250 Index Fund

ICICI Prudential Mutual Fund

0.27%
23

Edelweiss Nifty Smallcap 250 Index Fund

Edelweiss Mutual Fund

0.27%
24

Kotak Nifty Smallcap 250 Index Fund

Kotak Mahindra Mutual Fund

0.28%
25

SBI Nifty Smallcap 250 Index Fund

SBI Mutual Fund

0.27%
26

WhiteOak Capital Multi Cap Fund

WhiteOak Capital Mutual Fund

0.23%
27

HDFC Nifty Smallcap 250 Index Fund

HDFC Mutual Fund

0.27%
28

WhiteOak Capital Mid Cap Fund

WhiteOak Capital Mutual Fund

0.21%
29

WhiteOak Capital ELSS Tax Saver Fund

WhiteOak Capital Mutual Fund

0.22%
30

Nippon India Nifty 500 Equal Weight Index Fund

Nippon India Mutual Fund

0.20%
31

Nippon India Small Cap Fund

Nippon India Mutual Fund

0.19%
32

Franklin India Conservative Hybrid Fund

Franklin Templeton Mutual Fund

0.18%
33

WhiteOak Capital Flexi Cap Fund

WhiteOak Capital Mutual Fund

0.25%
34

Bandhan Nifty Smallcap 250 Index Fund

Bandhan Mutual Fund

0.27%
35

HDFC Nifty500 Multicap 50:25:25 Index Fund

HDFC Mutual Fund

0.07%
36

SBI Large & Midcap Fund

SBI Mutual Fund

0.12%
37

HDFC BSE 500 Index Fund

HDFC Mutual Fund

0.03%
38

Bandhan Nifty Total Market Index Fund

Bandhan Mutual Fund

0.03%
39

ICICI Prudential Nifty 500 Index Fund

ICICI Prudential Mutual Fund

0.03%
40

Axis Nifty 500 Index Fund

Axis Mutual Fund

0.03%
41

SBI Nifty 500 Index Fund

SBI Mutual Fund

0.03%
42

Motilal Oswal Nifty 500 Index Fund

Motilal Oswal Mutual Fund

0.03%
43

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.03%
44

Groww Nifty Total Market Index Fund

Groww Mutual Fund

0.03%