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Earnings Call

Lemon Tree Hotels Earnings Call: Key Takeaways

Lemon Tree Hotels reported record FY26 results with 13% revenue growth. The company is undergoing a demerger to create a pure-play asset-light management entity and a separate hotel ownership platform (Fleur).

Highlights
Revenue growthFY26 revenue up 13% YoY to ₹1,452.7 crore.
MarginsFY26 EBITDA margin 48.1%; target 50%+ following renovation completion.
Order bookPipeline of 268 hotels with 22,581 rooms; 11,811 rooms operational.
Demand visibilityStrong retail demand; corporate travel currently subdued by global uncertainties.
Management confidenceHigh; focusing on asset-light strategy and demerger to unlock value.

Growth

FY26 Revenue rose 13% to ₹1,452.7 cr; PAT grew 19% to ₹288.3 cr. Occupancy hit record 73.5%.

Outlook

Targeting 75-80% flow-through margins for the asset-light entity. Planned addition of 2,500 keys for Fleur Hotels.

Risks

GST changes, renovation costs, and geopolitical tensions in the Middle East impacted margins and corporate travel demand.

Source

Earnings Call filed with BSE, NSE: LEMONTREE. Summary written with AI assistance from the document.

Read the document ↗

Lemon Tree Hotels Ltd: key numbers

Share price
₹106.15
Market cap
₹8,410 Cr
Revenue (annual)
₹1,444 Cr
Net profit (annual)
₹227.1 Cr
P/E (TTM)
35.8×Sector 43.7×
Promoter holding
22.32%+0.00% QoQ
FII holding
19.44%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Lemon Tree Hotels Ltd

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21:35 IST BSE
Acquisition

Lemon Tree Hotels Acquisition Worth ₹120 Cr

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.

Value
₹120.0 Cr
21:26 IST BSE
Capacity Expansion

Lemon Tree Hotels Capacity Expansion: ₹120 Cr Investment

Lemon Tree Hotels' subsidiary, Fleur Hotels, acquired a land parcel in Bandra, Mumbai, for ₹120 Crore to develop a new 172-key hotel property.

Value
₹120.0 Cr
hotel rooms
172.0 keys
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Capacity Expansion

Lemon Tree Hotels Capacity Expansion

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.

hotel rooms
90.0 rooms
21:42 IST NSE
Acquisition

Lemon Tree Hotels Acquisition

Lemon Tree Hotels received 'no objection' observation letters from NSE and BSE regarding its proposed Composite Scheme of Arrangement involving its subsidiaries.

17:02 IST NSE
Management Change

Lemon Tree Hotels Management Change

Lemon Tree Hotels appointed Mr. Patanjali Govind Keswani as Non-Executive Non-Independent Director and Chairperson, effective April 1, 2027.

17:49 IST BSE
Annual General Meeting

Lemon Tree Hotels Annual General Meeting

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.