1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Travel Lodging
Lemon Tree Hotels Limited

Lemon Tree Hotels Limited

LEMONTREE.BO
Lemon Tree Hotels LimitedIN flagBombay Stock Exchange
120.25
INR
+1.30
- -
95.22BMarket Cap
Lemon Tree Hotels Limited
LEMONTREE.BO
(Bombay Stock Exchange)

Recent

price

120.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
2.72
2.79
3.61
4.57
5.22
6.09
6.9
8.38
3.09
4.87
10.61
12.8
16.22
- -
18.24
Revenue per Share
-0.26
-0.63
-0.68
-0.4
-0.08
0.18
0.67
-0.12
-1.61
-1.11
1.45
1.88
2.48
- -
2.87
Basic EPS, GAAP
-1.3
-3.13
-2.81
-0.82
-1.4
-1.64
-1.18
-6.25
-0.37
0.86
2.82
1.69
5.62
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.13
0.52
8.11
7.74
7.74
7.94
8.6
7.88
6.27
5.16
6.61
8.49
10.96
- -
10
Book Value per Share
13.3
13.71
15.65
15.72
15.74
15.7
16.4
18.05
17.97
16.28
16.42
17.84
20.81
- -
24.53
Tangible Book Value per Share
786
786
786
786
780
785
790
790
790
791
791
791
793
- -
792
Basic Weighted Avg Shares
2,139
2,196
2,839
3,591
4,066
4,778
5,448
6,616
2,440
3,847
8,392
10,127
12,861
14,445
14,445
Sales/Revenue/Turnover
6.72
-3.14
-0.23
14.01
16.31
17.52
21.06
22.87
-18.9
4.83
42.09
41.04
38.48
38.24
38.24
Operating Margin (%)
237
310
517
523
510
526
541
922
1,076
1,043
966
1,121
1,393
1,388
1,388
Depreciation Expense
-207
-493
-534
-312
-62
142
529
-95
-1,271
-874
1,146
1,485
1,966
2,271
2,271
Net Income, GAAP
- -
- -
- -
- -
- -
20.61
- -
- -
- -
- -
21.15
15.81
17.92
19.72
19.72
Effective Tax Rate (%)
-9.66
-22.46
-18.81
-8.69
-1.52
2.97
9.71
-1.44
-52.07
-22.73
13.65
14.66
15.29
15.72
15.72
Profit Margin (%)
853
-255
-694
-1,473
-1,711
-1,108
-954
-1,555
-661
-1,223
-2,341
-1,538
-507
757
757
Working Capital
3,706
4,585
4,866
5,237
6,907
9,313
11,347
19,128
19,806
19,782
19,427
21,190
19,365
18,057
18,057
LT Debt
10,473
10,888
12,325
12,376
12,369
12,435
13,072
15,448
15,350
13,989
14,134
15,464
17,896
20,792
20,792
Total Equity
- -
- -
- -
- -
- -
3.1
- -
- -
- -
- -
7.86
9.41
10.44
11.08
11.08
Return on Invested Capital (%)
- -
- -
- -
- -
- -
3.72
- -
- -
- -
- -
7.18
8.35
8.95
8.7
8.7
Return on Capital (%)
- -
-75.98
-15.73
-5.01
-1.02
2.31
8.12
-1.47
-22.74
-19.36
24.6
24.84
25.52
27.35
27.35
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
2,177
- -
1,979
LT Borrowings
13,986
- -
13,109
LT Finance Leases
4,431
- -
4,949
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
792
- -
792
Market Capitalization
131,630
126,178
79,531

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
3,476
- -
4,295
Cash, Cash Equivalents & STI
1,316
- -
1,650
Accounts Receivable, Net
866
- -
1,163
Inventories
149
- -
138
Total Current Liabilities
3,848
- -
3,538
Payables & Accruals
- -
- -
- -
ST Debt
2,177
- -
1,979
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.66%
6.7%
16.18%
Free Cash Flow
47.59%
16.46%
-9.54%
Net Income, GAAP
79.17%
-36.94%
15.52%
Sales/Revenue/Turnover
23.89%
47.15%
12.32%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,242
2,294
2,902
2,745
10,127
2025
2,680
2,844
3,552
3,785
12,861
2026
3,158
3,063
4,061
4,164
14,445

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.3
0.29
0.45
- -
1.88
2025
0.25
0.37
0.79
1.07
2.48
2026
0.48
0.44
0.79
1.16
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Lemon Tree Hotels Limited (LEMONTREE.BO), founded in 2002 and headquartered in New Delhi, India, owns, leases, operates, and franchises hotels and resorts across upscale, upper-midscale, midscale, and economy segments, primarily targeting business and leisure travelers in India, Nepal, Bhutan, and the UAE; the company offers seven brands including Aurika Hotels & Resorts for upscale stays with premium dining, wellness facilities, and event spaces; Lemon Tree Premier and Keys Prima for upper-midscale properties featuring spacious rooms, multi-cuisine restaurants, and banqueting venues; Lemon Tree Hotels and Keys Select for midscale accommodations with business amenities, gyms, and conference rooms; and Red Fox Hotels by Lemon Tree Hotels as well as Keys Lite for economy options emphasizing clean rooms, high-speed WiFi, cafes, and value-driven services. As one of India's largest hotel chains in the mid-priced sector, it operates over 120 hotels with more than 10,700 rooms across 80 cities, including metros like Delhi-NCR, Mumbai, Bengaluru, and Hyderabad, as well as tier-II/III locations such as Jaipur, Dehradun, and Thiruvananthapuram, supplemented by a pipeline of over 120 additional properties. Recent expansions include the November 2025 launch of a 98-room Lemon Tree Hotel in Dehradun Mall, Uttarakhand—its ninth property there with eight more under development; the debut of Lemon Tree Premier in Thiruvananthapuram, Kerala, adding 80 rooms and enhancing its sixth presence in the state; and the signing of Lemon Tree Hotel at Pacific Mall, Jaipur, marking its 22nd property in Rajasthan; the company actively seeks acquisitions to support growth targets of 5,000-7,000 additional rooms in coming years, invests annually in room refurbishments, and plans the listing of subsidiary Fleur Hotels Pvt. Ltd. by December 2026 to unlock value from premium assets like Lemon Tree Premier Delhi Aerocity and Aurika Mumbai.