ALFA Finder| Management target | Revenue 10.0% FY27 |
|---|
| Revenue growth | 9% YoY growth driven by managed fee income and retail strategy. |
|---|---|
| Margins | Margins compressed 99 bps YoY due to GST and stock appreciation rights. |
| Demand visibility | Strong recovery in July/August after a soft, corporate-heavy Q1 dip. |
| Management confidence | Aggressively optimistic despite Q1 performance aberration caused by West Asia conflict. |
Growth
Q1 FY27 revenue grew 9% YoY, driven by asset-light fee income rising 42%.
Outlook
Targeting 50% consolidated EBITDA margin for FY28 and 75-80% management fee margin for Lemon Tree.
Risks
Persistent margin pressure from GST input loss and significant renovation expenses dragging short-term profitability.
Last quarter's promises, checked
Delivered
- Guided 2,000 room openings for FY26 → delivered 1,523 rooms (= PARTIAL)
- Guided debt reduction → delivered 1,500cr from 1,699cr (= BEAT)
- Guided focus on retail occupancy → delivered 78.5% Q4 occupancy (= BEAT)
Partly delivered
- Guided 5,000 room signings → delivered 4,912 rooms (= PARTIAL)
- Guided renovation completion → delivered 85% of 4,000 heavy rooms (= PARTIAL)
Missed
- Guided 49.4% FY25 margin maintenance → delivered 48.1% FY26 (= MISS)
- Guided 52% Q4 FY25 margin → delivered 52% Q4 FY26 (= MISS/FLAT)
- Guided 12-month demerger timeline → delivered 18-month outer limit (= MISS)
Earnings Call Transcript filed with NSE, NSE: LEMONTREE. Summary written with AI assistance from the document.
Lemon Tree Hotels Ltd: key numbers
- Share price
- ₹115.10
- Market cap
- ₹9,119 Cr
- Revenue (annual)
- ₹1,444 Cr
- Net profit (annual)
- ₹227.1 Cr
- P/E (TTM)
- 35.5×Sector 47.2×
- Promoter holding
- 22.32%+0.00% QoQ
- FII holding
- 18.27%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Lemon Tree Hotels Ltd
All →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.
Lemon Tree Hotels Investor Presentation: Key Takeaways
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 Q2 FY27 Results: Net Profit ₹79.8 Cr, Up 90.5% YoY
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.
- Key figure
- Net profit ₹79.8 Cr · +90.5% YoY
Lemon Tree Hotels Capacity Expansion
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.
- hotel rooms
- 44.0 rooms
Lemon Tree Hotels Business Update
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 Board Meeting Date
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.