ALFA Finder| Revenue growth | Q2 revenue +18% YoY; +5% QoQ |
|---|---|
| Margins | Net EBITDA margin 44.6%, +157 bps YoY |
| Order book | Pipeline 11,930 rooms; 147 upcoming hotels |
| Demand visibility | Q2 Gross ARR +8%, occupancy +633 bps |
Growth
Revenue +18% YoY; Gross ARR ₹6,751 (+8%), occupancy 76.1% (+633 bps), RevPAR ₹5,137 (+18%). H1 revenue ₹710.6 Cr (+14%).
Outlook
No numeric growth guidance. Pipeline 24,061 rooms; Shimla opening FY27, Shillong FY28, Bandra owned hotel FY30.
Risks
GST impact and SAR provision of ₹11.5 Cr (about 3.2% of revenue) pressured margins. Exceptional items ₹22.1 Cr in Q2.
Last quarter's promises, checked
Delivered
- Guided double-digit growth → rev +18% YoY (= BEAT)
- Guided Q2 ARR +5-6% → ₹6,751, +6.1% QoQ (= BEAT)
- Guided Q2 'significantly better' → rev +18% vs Q1 +9% (= BEAT)
Partly delivered
- Guided ~2,000 rooms FY27 → 857 in H1 (334+523) (= PARTIAL)
Missed
- Guided FY27 margin 'well better than 47%' → Q2 44.6% (= MISS)
- Guided GST drag 2%→1.7% → GST+SAR 3.2% vs 3.1% Q1 (= MISS)
- Guided Shimla open 'shortly' → still FY27, unopened (= MISS)
Investor Presentation filed with NSE, NSE: LEMONTREE. Summary written with AI assistance from the document.
Lemon Tree Hotels Ltd: key numbers
- Share price
- ₹117.39
- Market cap
- ₹9,300 Cr
- Revenue (annual)
- ₹1,444 Cr
- Net profit (annual)
- ₹227.1 Cr
- P/E (TTM)
- 36.2×Sector 48.4×
- 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 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.
Lemon Tree Hotels Capacity Expansion
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.
- hotel rooms
- 63.0 rooms
Lemon Tree Hotels Other Announcement
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.