Lemon Tree Hotels Earnings Call Transcript: Key Takeaways
Best-ever Q2: revenue ₹363.8 Cr (+18%), PAT ₹79.8 Cr (+90%), but PAT includes ~₹22 Cr net non-cash exceptional gain; corporate demand still muted.
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Best-ever Q2: revenue ₹363.8 Cr (+18%), PAT ₹79.8 Cr (+90%), but PAT includes ~₹22 Cr net non-cash exceptional gain; corporate demand still muted.
Q2 FY27 revenue ₹363.8 Cr (+18%), net EBITDA ₹162.2 Cr (+22%, 44.6% margin), PAT ₹79.8 Cr (+90%). Best-ever Q2; asset-light network expansion continues.
Lemon Tree Hotels Ltd reported revenue from operations of ₹361.4 Cr (+18.0% YoY) and net profit of ₹79.8 Cr (+90.5% YoY) for Q2 FY27.
Lemon Tree Hotels opened its 44-room Lemon Tree Resort in Pavagadh, Gujarat, managed by its wholly owned subsidiary Carnation Hotels. The launch marks the group's 11th operational resort.
Lemon Tree Hotels rebranded three existing hotels in Bengaluru and Hyderabad effective 1 November 2026 following renovation. The changes move two properties to the upscale Lemon Tree Premier brand and one to Lemon Tree Hotel, with no new capacity or monetary amount disclosed.
Lemon Tree Hotels announced a board meeting on November 5, 2026, to consider and approve unaudited financial results for the quarter and half-year ended September 30, 2026.
Lemon Tree Hotels signed a licence agreement for a 63-room Keys Lite hotel in Bhilwara. The subsidiary-managed property expands its Rajasthan footprint; no value disclosed.
Lemon Tree Hotels Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026. This report details the company's equity distribution across various shareholder categories.
Lemon Tree Hotels reported that the First Appellate Authority has partially allowed its subsidiary Fleur Hotels' appeal against a GST demand order. No material financial impact.
Lemon Tree Hotels signed an MoU with Omaxe Limited to operate approximately 4,000 hotel keys across India. This represents the company's largest single operating arrangement to date.
Lemon Tree Hotels signed a franchise agreement for a new hotel in Bareilly, Uttar Pradesh. The property will feature 52 rooms, expanding the company's network.
Lemon Tree Hotels amended its ESOP trust deed, modifying the list of trustees and granting them additional operational powers.
Lemon Tree Hotels' subsidiary, Sukhsagar Complexes, received a favourable order from the CGST appellate authority, which quashed a tax demand and penalty imposed against it.
Lemon Tree Hotels' subsidiary, Sukhsagar Complexes, successfully appealed a GST demand. The Commissioner (Appeals) set aside the Rs. 0.02 Crore demand and penalty in full.
Lemon Tree Hotels submitted the Registrar and Transfer Agent's certificate for the quarter ended September 30, 2026, pursuant to SEBI Regulation 74(5) requirements.
Lemon Tree Hotels' subsidiary, Fleur Hotels, acquired land in Bandra, Mumbai, for Rs. 120 Crore to develop a hotel. This acquisition expands the company's property footprint.
Lemon Tree Hotels' subsidiary, Fleur Hotels, acquired a land parcel in Bandra, Mumbai, for ₹120 Crore to develop a new 172-key hotel property.
Lemon Tree Hotels signed a license agreement for a new hotel in Patancheru, Telangana, adding 90 rooms to its portfolio and expanding its regional presence.
Lemon Tree Hotels received 'no objection' observation letters from NSE and BSE regarding its proposed Composite Scheme of Arrangement involving its subsidiaries.
Lemon Tree Hotels appointed Mr. Patanjali Govind Keswani as Non-Executive Non-Independent Director and Chairperson, effective April 1, 2027.
Lemon Tree Hotels held its 34th Annual General Meeting on September 18, 2026, via video conferencing. The proceedings covered the adoption of financial statements and director appointments.
Lemon Tree Hotels Limited has announced the opening of a new hotel, Keys Lite by Lemon Tree Hotels, Moga, in Punjab. This property features 33 rooms.
Lemon Tree Hotels' subsidiary Arum Hotels will issue 49% stake to RJ Corp, forming a Joint Venture for the Aurika Shillong project.
Lemon Tree Hotels' subsidiary, Carnation Hotels, entered a JV with RJ Corp. RJ Corp acquires a 49% stake in Arum Hotels for ₹4.77 Crore.
Lemon Tree Hotels' subsidiary, Carnation, executed a Joint Venture Agreement with RJ Corp for the Aurika Shillong project. Arum Hotels will now be a joint venture.
Lemon Tree Hotels' subsidiary, Berggruen Hotels, received a GST demand notice from the Bengaluru tax authorities. The total tax, interest, and penalty amounts to ₹5.63 Crore.
Nomura's India Investment Fund sold 15,869,284 Lemon Tree Hotels shares, lowering its stake to 3.075% from 5.078%. The SAST Reg 29(2) disclosure states no transaction value.
Lemon Tree Hotels signed two license agreements for new properties in Bodhgaya, adding 145 rooms to its portfolio. The company also announced the de-flagging of one hotel.
Lemon Tree Hotels Limited provided web-links for its 34th Annual General Meeting notice and Integrated Annual Report 2025-26. This pertains to shareholders with unregistered email addresses.
Lemon Tree Hotels announced the opening of Lemon Tree Premier, Vadodara, its 13th operational property in Gujarat. The new hotel adds 94 rooms to its portfolio.