Lemon Tree Hotels Ltd. (IN:LEMONTREE)
:LEMONTREE
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Lemon Tree Hotels Ltd.
(LEMONTREE)
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Rating:56Neutral
Price Target:
₹118.00
â–¼(-22.98% Downside)
Action:ReiteratedDate:03/14/26
The score is driven primarily by improving fundamentals and strong cash-flow performance, but is held back by elevated leverage risk and very weak technicals (price below all key moving averages with negative momentum). Valuation also looks demanding given the high P/E and no dividend yield provided.
Positive Factors
Revenue Growth Trajectory
Consistent top-line expansion and a positive net profit margin indicate the company has shifted to profitable growth. This durable revenue trajectory supports reinvestment in the portfolio, strengthens operating leverage over time, and improves the firm's ability to fund growth without relying solely on external capital.
Negative Factors
Elevated Leverage
Material leverage raises refinancing and interest-rate vulnerability, constraining strategic flexibility. In an industry with variable cash flows, higher debt amplifies downside risk to earnings and cash generation, potentially forcing deleveraging or curtailed investment during weaker demand periods.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth Trajectory
Consistent top-line expansion and a positive net profit margin indicate the company has shifted to profitable growth. This durable revenue trajectory supports reinvestment in the portfolio, strengthens operating leverage over time, and improves the firm's ability to fund growth without relying solely on external capital.
Read all positive factors
Lemon Tree Hotels Ltd. (LEMONTREE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹90.63B
Dividend YieldN/A
Average Volume (3M)214.09K
Price to Earnings (P/E)50.3
Beta (1Y)1.20
Revenue Growth16.03%
EPS Growth44.95%
CountryIN
Employees5,272
SectorServices
Sector StrengthN/A
IndustryTravel Lodging
Share Statistics
EPS (TTM)0.90
Shares Outstanding792,246,460
10 Day Avg. Volume167,700
30 Day Avg. Volume214,095
Financial Highlights & Ratios
PEG Ratio1.73
Price to Book (P/B)9.34
Price to Sales (P/S)8.43
P/FCF Ratio37.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹172.67Price Target Upside12.71% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)4.14
Revenue Forecast (FY)₹16.38B
Lemon Tree Hotels Ltd. Business Overview & Revenue Model
Company Description
Lemon Tree Hotels Limited owns and operates a chain of business and leisure hotels. As of May 12, 2022, it operated 84 hotels with approximately 8,250 rooms across 52 destinations in India and internationally under various brands, including Aurika...
How the Company Makes Money
Lemon Tree Hotels primarily makes money through (1) room revenue from selling hotel rooms (typically priced dynamically based on seasonality, demand, channel mix, and location), (2) food and beverage revenue from restaurants, bars, banquets, and c...
Lemon Tree Hotels Ltd. Financial Statement Overview
Summary
Income Statement
70
Positive
Balance Sheet
60
Neutral
Cash Flow
75
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.58B | 12.88B | 10.73B | 8.76B | 4.03B | 2.52B |
| Gross Profit | 9.82B | 9.06B | 7.44B | 6.07B | 2.34B | 1.31B |
| EBITDA | 6.50B | 6.06B | 5.07B | 4.33B | 1.04B | 414.65M |
| Net Income | 2.20B | 1.97B | 1.48B | 1.15B | -874.34M | -1.27B |
Balance Sheet | ||||||
| Total Assets | 41.20B | 40.82B | 40.33B | 37.32B | 36.35B | 38.19B |
| Cash, Cash Equivalents and Short-Term Investments | 1.32B | 1.19B | 620.67M | 284.76M | 602.33M | 1.42B |
| Total Debt | 20.59B | 21.48B | 23.36B | 21.77B | 21.28B | 21.59B |
| Total Liabilities | 22.40B | 22.91B | 24.87B | 23.19B | 22.36B | 22.84B |
| Stockholders Equity | 12.37B | 11.64B | 9.67B | 8.54B | 8.31B | 9.18B |
Cash Flow | ||||||
| Free Cash Flow | 1.84B | 2.88B | 1.34B | 2.23B | 677.50M | -294.30M |
| Operating Cash Flow | 2.34B | 3.84B | 4.65B | 3.85B | 1.35B | 410.14M |
| Investing Cash Flow | -729.60M | -1.29B | -3.97B | -2.83B | -454.43M | -655.92M |
| Financing Cash Flow | -1.78B | -2.33B | -585.27M | -1.32B | -1.63B | 1.11B |
Lemon Tree Hotels Ltd. Technical Analysis
Negative
153.20
Price Trends
115.95
Negative
135.12
Negative
146.90
Negative
Market Momentum
-0.96
Negative
55.80
Neutral
89.45
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:LEMONTREE, the sentiment is Negative. The current price of 153.2 is above the 20-day moving average (MA) of 107.02, above the 50-day MA of 115.95, and above the 200-day MA of 146.90, indicating a neutral trend. The MACD of -0.96 indicates Negative momentum. The RSI at 55.80 is Neutral, neither overbought nor oversold. The STOCH value of 89.45 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:LEMONTREE.
Lemon Tree Hotels Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | ₹10.14B | 31.71 | ― | 0.61% | 10.77% | -4.40% | |
65 Neutral | ₹21.10B | 18.32 | ― | 0.48% | 9.49% | 40.16% | |
63 Neutral | ₹17.50B | 21.96 | ― | 0.48% | 19.69% | 17.02% | |
62 Neutral | ₹24.86B | 29.66 | ― | 0.36% | 14.08% | 29.33% | |
56 Neutral | ₹90.63B | 50.31 | ― | ― | 16.03% | 44.95% | |
56 Neutral | ₹51.64B | 702.73 | ― | ― | 4.25% | 17.51% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% |
* Services Sector Average
IN:LEMONTREE
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Lemon Tree Hotels Ltd. Corporate Events
Lemon Tree Hotels Wins CCI Nod for Group Restructuring and Fleur Stake Deal
Apr 7, 2026
Lemon Tree Hotels has received approval from the Competition Commission of India for Coastal Cedar Investments BV to acquire certain equity shares of group company Fleur Hotels and for an internal restructuring through amalgamation and demerger. T...
Lemon Tree Hotels Signs New 98-Room Property in Nepal’s Simara
Apr 2, 2026
Lemon Tree Hotels Ltd has signed a licence agreement for a new 98-room Lemon Tree Hotel in Simara, Nepal, which will be managed by its subsidiary Carnation Hotels Private Limited. The property will offer a multi-cuisine restaurant, lounge, banquet...
Lemon Tree Hotels Signs Keys Prima Property in Srinagar, Expands J&K Footprint
Apr 1, 2026
Lemon Tree Hotels has signed a licence agreement for a 60-room Keys Prima by Lemon Tree Hotels property in Srinagar, to be managed by its wholly owned subsidiary Carnation Hotels. Positioned near Srinagar airport and the railway station, the hotel...
Lemon Tree Deepens Gujarat Presence With New Vadodara Hotel
Mar 25, 2026
Lemon Tree Hotels has expanded its footprint in Gujarat with the opening of Keys Select by Lemon Tree Hotels in Vadodara, its 11th property in the state and third in the city. The franchised hotel, positioned in the midscale category, reflects the...
Lemon Tree Hotels Gets ESI Notice for Minor Compliance Lapse
Mar 25, 2026
Lemon Tree Hotels Ltd. disclosed that the company and its subsidiaries have received a notice from the Employees State Insurance Corporation in Okhla, New Delhi. The notice demands payment of Rs 557 for a violation related to delayed payment of ES...
Lemon Tree Hotels Independent Director Freyan Desai Resigns on Health Grounds
Mar 20, 2026
Lemon Tree Hotels Ltd. has announced that independent director Freyan Jamshed Desai has resigned from the company’s board and its committees, effective at the close of business on March 20, 2026. The company notified the stock exchanges unde...
Lemon Tree Hotels signs new property in Gorakhpur, expands Uttar Pradesh footprint
Mar 9, 2026
Lemon Tree Hotels has signed a license agreement for a new Lemon Tree Hotel in Gorakhpur, Uttar Pradesh, which will be managed by its wholly owned subsidiary, Carnation Hotels. The move lifts its presence in the state to 26 hotels, including opera...
Lemon Tree Expands Telangana Footprint with New Hyderabad Hotel Deal
Mar 3, 2026
Lemon Tree Hotels has signed a license agreement for a new Lemon Tree Hotel in Rajendranagar, Hyderabad, to be managed by its wholly owned subsidiary Carnation Hotels Private Limited. The 63-room property will offer a restaurant, banquet hall, mee...
Lemon Tree Subsidiary Ends Delhi Property Tax Dispute After Opting SUNIYO Scheme
Feb 20, 2026
Lemon Tree Hotels has disclosed an update on a legal matter involving its subsidiary Hyacinth Hotels Private Limited, relating to a property tax assessment by the Municipal Corporation of Delhi. Hyacinth had challenged the assessment before the De...
Lemon Tree Hotels Grants 9.9 Million Stock Appreciation Rights to Employees
Feb 6, 2026
Lemon Tree Hotels has granted 9,916,000 Stock Appreciation Rights (SAR) units to eligible employees under its LTHL Stock Appreciation Rights Scheme 2024, following approval by the company’s Nomination and Remuneration Committee. The SARs, pr...
Lemon Tree Hotels Releases Q3 and 9M FY26 Investor Presentation
Feb 6, 2026
Lemon Tree Hotels Limited has released its investor presentation for the unaudited financial results of the third quarter and nine months of FY26. The presentation will be discussed on an investors and analysts call scheduled for February 10, 2026...
Lemon Tree Hotels Releases Investor Call Transcript on Composite Scheme of Arrangement
Jan 21, 2026
Lemon Tree Hotels has informed the stock exchanges that it has released the official transcript of an investors and analysts conference call held on January 15, 2026, regarding its recently announced Composite Scheme of Arrangement. The call, led ...
Lemon Tree Hotels Issues Date Correction on Analyst Call Disclosure
Jan 16, 2026
Lemon Tree Hotels has issued a clarification to the stock exchanges regarding its earlier disclosure on the outcome of a conference call with analysts and institutional investors. The company corrected a typographical error in the previously filed...
Lemon Tree Hotels Shares Concall Recording on Composite Scheme of Arrangement
Jan 15, 2026
Lemon Tree Hotels Limited has informed the stock exchanges that it held an investors’ conference call on 15 January 2026 to discuss its recently announced Composite Scheme of Arrangement. The company has made the audio recording of this call...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.