Lemon Tree Hotels Ltd.

•

lemontreehotels.comBSE: 541233NSE: LEMONTREE

Market Cap₹ 8,303 Cr.

Current Price

High / Low₹ 179 / 100

Stock P/E35.4

Book Value₹ 18

Price to Book5.72

Dividend Yield0.00 %

ROCE18.7 %

ROE22.6 %

Face Value₹ 10

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Consumer Services

Buy

Consumer services have a mixed operating backdrop but strong market sponsorship. Foreign tourist arrivals in India rose 6.0% YoY (2026-06), export of services grew 13.0% YoY (2026-06), and headline tourist arrivals were 584000 (Jun/26), though airport passenger traffic was -2.0% YoY (2026-06). Strong FPI inflow of INR 19847 crore over 3 months to 2026-08-31 supports a Buy stance despite some travel softness.

Confidence

73%

View full sector analysis →

PROS

Company has a good return on equity (ROE) track record: 3 Years ROE 21.8%
Company has delivered good sales growth of 41.8% CAGR over last 5 years
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.17x)
Stock looks reasonably valued - P/E of 35.4 is below its historical median
Company generates healthy free cash flow

CONS

Receivables are growing faster than sales - a possible quality concern
Working capital days have increased from -14 to 19 days
Operating margins have contracted to 47.8% from 52.2%
Stock is trading at 5.7x its book value
Though reporting repeated profits, the company pays out little dividend (0.0%)

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Consumer ServicesHospitalityHotel, Resort & Restaurants

Part ofNIFTY TOTAL MKT NIFTY 500 NIFTY SMLCAP 250

S.No.	Name
1.	INDHOTEL	717.75	47.61	102166.85	0.45	390.81	18.67	2339.19	14.61	25.70	28.75
2.	ITCHOTELS	153.75	37.07	32026.21	0.65	181.91	36.05	936.02	15.71	10.54	31.62
3.	CHALET	876.35	36.34	19191.55	0.23	86.12	-57.60	512.27	-42.73	17.19	45.68
4.	THELEELA	541.05	40.77	18068.79	0.00	48.76	460.27	351.96	28.08	8.97	36.30
5.	EIHOTEL	286.55	25.18	17919.81	0.52	120.31	226.22	656.96	14.54	19.68	26.02
6.	VENTIVE	574.00	27.96	13405.29	0.00	124.18	227.44	542.80	6.97	13.15	35.30
7.	LEMONTREE	104.80	35.36	8302.74	0.00	57.34	19.21	344.61	9.13	18.72	43.36
8.	ITDC	690.40	71.91	5921.52	0.43	9.39	-3.63	90.10	2.68	29.05	9.25
9.	JUNIPER	221.10	29.66	4919.53	0.00	33.26	269.47	249.53	13.04	7.85	34.56
10.	MHRIL	196.75	75.05	3975.70	0.00	-85.59	-1293.89	7328.14	944.78	42.30	15.36
11.	SAMHI	157.30	6.94	3497.72	0.00	24.93	29.72	305.21	12.12	12.38	32.18
12.	ORIENTHOT	141.20	37.86	2521.82	0.46	5.30	-20.06	111.48	3.56	12.52	17.26

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	224	229	290	327	268	284	355	379	316	306	406	416	345
	118	125	149	156	153	154	171	174	175	176	201	201	271
Operating Profit	106	104	141	171	115	131	184	204	141	131	205	215	73
OPM %	47.48%	45.37%	48.67%	52.39%	42.93%	45.98%	51.86%	53.93%	44.50%	42.68%	50.41%	51.69%	21.23%
	1	2	3	7	3	3	3	4	5	4	-27	4	6
Interest	49	48	56	55	54	54	53	51	48	45	44	42	40
Depreciation	23	23	33	33	35	35	35	35	34	34	35	35	36
Profit before Tax	36	35	55	89	29	45	99	123	63	56	99	142	79
Tax %	24.20%	24.83%	21.29%	5.64%	31.25%	22.68%	19.77%	11.48%	23.33%	24.90%	17.22%	17.68%	27.52%
Net Profit	0	0	0	0	20	35	80	108	48	42	82	116	57
	0.30	0.29	0.45	0.85	0.25	0.37	0.79	1.07	0.48	0.44	0.79	1.16	0.58

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	412	484	550	669	252	402	875	1,071	1,286	1,445	1,473
	296	348	381	426	190	284	427	548	652	753	850
Operating Profit	116	136	169	243	61	119	448	523	634	691	624
OPM %	28.26%	28.12%	30.71%	36.36%	24.34%	29.50%	51.15%	48.85%	49.31%	47.85%	42.34%
	12	13	15	11	22	21	9	12	13	-13	-11
Interest	78	78	85	162	190	181	182	208	211	180	172
Depreciation	51	53	54	92	108	104	97	112	139	139	141
Profit before Tax	-0	18	45	-2	-219	-145	178	216	296	359	376
Tax %	-1453.90%	20.61%	-24.55%	-499.71%	14.72%	5.00%	21.15%	15.81%	17.92%	19.72%	20.70%
Net Profit	-5	15	56	-13	-187	-137	141	182	243	288	298
EPS	-0.08	0.18	0.67	-0.12	-1.61	-1.11	1.45	1.88	2.48	2.87	—
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

COMPOUNDED SALES GROWTH

10 Years:: 15%
5 Years:: 42%
3 Years:: 18%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: 26%

STOCK PRICE CAGR

10 Years:: —
5 Years:: 21%
3 Years:: -4%
1 Year:: -40%

RETURN ON EQUITY

10 Years:: 6%
5 Years:: 13%
3 Years:: 22%
Last Year:: 23%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	781	786	789	790	790	791	792	792	792	792
Minority Interest	428	429	432	556	617	568	560	580	626	687
	25	26	86	199	127	40	62	175	372	599
	825	1,044	1,244	2,039	2,156	2,124	2,171	2,123	1,940	1,808
Trade Payables	60	81	96	84	77	59	67	65	62	67
	92	92	104	90	10	7	44	264	269	312
Total Liabilities	2,212	2,458	2,751	3,758	3,778	3,589	3,696	3,997	4,061	4,265
	1,416	1,457	1,601	3,305	3,192	3,049	2,956	3,639	3,555	3,563
Capital Work in Progress	349	556	664	190	242	295	469	25	45	108
	6	15	35	14	6	10	6	13	45	73
	5	5	6	8	7	8	11	14	14	14
	0	0	0	0	0	0	0	71	79	116
Cash & Bank	18	21	31	41	141	54	27	54	81	98
	418	404	414	201	191	173	228	181	243	292
Total Assets	2,212	2,458	2,751	3,758	3,778	3,589	3,696	3,997	4,061	4,265

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	126	118	200	152	31	137	406	465	542	542
Cash from Investing	-229	-260	-289	-608	-66	-45	-283	-397	-127	-169
Cash from Financing	111	149	113	457	111	-163	-132	-59	-392	-370
	4	3	10	-1	87	-73	-31	10	22	3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026

Shareholding Pattern

Numbers in percentages

	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	22.77	22.77	22.34	22.28	22.28	22.28	22.32	22.32
	21.75	20.01	20.89	21.33	21.45	21.50	21.59	19.44
	18.91	20.80	19.68	19.98	19.71	19.45	15.67	14.35
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	36.57	36.43	37.07	36.41	36.56	36.76	40.43	43.89

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-08

Action(s) initiated or orders passed

2026-09-08 - Lemon Tree Hotels Limited has informed the Exchange about Action(s) initiated or orders passed

2026-09-04

Press Release

2026-09-04 - Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated September 04, 2026, titled "The Company has signed two License Agreements viz. Lemon Tree Hotel, Bodhgaya and Keys Select by Lemon Tree Hotels, Bodhgaya".

2026-08-27

Updates

2026-08-27 - Lemon Tree Hotels Limited has informed the Exchange regarding 'Letter Dispatched to the Members of the Company - Web-Link of Notice of 34th Annual General Meeting and Integrated Annual Report for FY 2025-26'.

2026-08-27

Copy of Newspaper Publication

2026-08-27 - Lemon Tree Hotels Limited has informed the Exchange about copies of the newspaper advertisement with regard to completion of dispatch of the Notice of 34th Annual General Meeting (AGM) and Integrated Annual Report for the FY 2025-26

2026-08-26

Press Release

2026-08-26 - Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated August 26, 2026, titled "Opening of Lemon Tree Premier, Vadodara."

2026-08-26

Shareholders meeting

2026-08-26 - Lemon Tree Hotels Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 18, 2026

2026-08-24

Copy of Newspaper Publication

2026-08-24 - Lemon Tree Hotels Limited has informed the Exchange about Copy of Newspaper Publication regarding Annual General Meeting (AGM)

2026-08-20

Press Release

2026-08-20 - Lemon Tree Hotels Limited has informed the Exchange regarding a press release dated August 20, 2026, titled "Opening of Lemon Tree Hotel, Bharuch".

2026-08-14

Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-14 - Lemon Tree Hotels Limited has informed the Exchange about Transcript

News

Recent coverage and analyst commentary for LEMONTREE

Loading news…

🤖

AI Stock Analyst

Lemon Tree Hotels Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

INDHOTEL

717.75

47.61

102166.85

0.45

390.81

18.67

2339.19

14.61

25.70

28.75

ITCHOTELS

153.75

37.07

32026.21

0.65

181.91

36.05

936.02

15.71

10.54

31.62

CHALET

876.35

36.34

19191.55

0.23

86.12

-57.60

512.27

-42.73

17.19

45.68

THELEELA

541.05

40.77

18068.79

0.00

48.76

460.27

351.96

28.08

8.97

36.30

EIHOTEL

286.55

25.18

17919.81

0.52

120.31

226.22

656.96

14.54

19.68

26.02

VENTIVE

574.00

27.96

13405.29

0.00

124.18

227.44

542.80

6.97

13.15

35.30

LEMONTREE

104.80

35.36

8302.74

0.00

57.34

19.21

344.61

9.13

18.72

43.36

ITDC

690.40

71.91

5921.52

0.43

9.39

-3.63

90.10

2.68

29.05

9.25

JUNIPER

221.10

29.66

4919.53

0.00

33.26

269.47

249.53

13.04

7.85

34.56

MHRIL

196.75

75.05

3975.70

0.00

-85.59

-1293.89

7328.14

944.78

42.30

15.36

SAMHI

157.30

6.94

3497.72

0.00

24.93

29.72

305.21

12.12

12.38

32.18

ORIENTHOT

141.20

37.86

2521.82

0.46

5.30

-20.06

111.48

3.56

12.52

17.26

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

224

229

290

327

268

284

355

379

316

306

406

416

345

118

125

149

156

153

154

171

174

175

176

201

271

Operating Profit

106

104

141

171

115

131

184

204

141

131

205

215

OPM %

47.48%

45.37%

48.67%

52.39%

42.93%

45.98%

51.86%

53.93%

44.50%

42.68%

50.41%

51.69%

21.23%

-27

Interest

Depreciation

Profit before Tax

123

142

Tax %

24.20%

24.83%

21.29%

5.64%

31.25%

22.68%

19.77%

11.48%

23.33%

24.90%

17.22%

17.68%

27.52%

Net Profit

108

116

0.30

0.29

0.45

0.85

0.25

0.37

0.79

1.07

0.48

0.44

0.79

1.16

0.58

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

TTM

412

484

550

669

252

402

875

1,071

1,286

1,445

1,473

296

348

381

426

190

284

427

548

652

753

850

Operating Profit

116

136

169

243

119

448

523

634

691

624

OPM %

28.26%

28.12%

30.71%

36.36%

24.34%

29.50%

51.15%

48.85%

49.31%

47.85%

42.34%

-13

-11

Interest

162

190

181

182

208

211

180

172

Depreciation

108

104

112

139

141

Profit before Tax

-0

-2

-219

-145

178

216

296

359

376

Tax %

-1453.90%

20.61%

-24.55%

-499.71%

14.72%

5.00%

21.15%

15.81%

17.92%

19.72%

20.70%

Net Profit

-5

-13

-187

-137

141

182

243

288

298

EPS

-0.08

0.18

0.67

-0.12

-1.61

-1.11

1.45

1.88

2.48

2.87

—

Dividend Payout %

0.00%

—

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Equity Capital

781

786

789

790

791

792

Minority Interest

428

429

432

556

617

568

560

580

626

687

199

127

175

372

599

825

1,044

1,244

2,039

2,156

2,124

2,171

2,123

1,940

1,808

Trade Payables

104

264

269

312

Total Liabilities

2,212

2,458

2,751

3,758

3,778

3,589

3,696

3,997

4,061

4,265

1,416

1,457

1,601

3,305

3,192

3,049

2,956

3,639

3,555

3,563

Capital Work in Progress

349

556

664

190

242

295

469

108

116

Cash & Bank

141

418

404

414

201

191

173

228

181

243

292

Total Assets

2,212

2,458

2,751

3,758

3,778

3,589

3,696

3,997

4,061

4,265

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

126

118

200

152

137

406

465

542

Cash from Investing

-229

-260

-289

-608

-66

-45

-283

-397

-127

-169

Cash from Financing

111

149

113

457

111

-163

-132

-59

-392

-370

-1

-73

-31

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

22.77

22.34

22.28

22.32

21.75

20.01

20.89

21.33

21.45

21.50

21.59

19.44

18.91

20.80

19.68

19.98

19.71

19.45

15.67

14.35

Government

0.00

36.57

36.43

37.07

36.41

36.56

36.76

40.43

43.89

Lemon Tree Hotels Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Lemon Tree Hotels Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI