541233
Lemon Tree Hotels Ltd
BSELast Traded Price
₹108.50
+0.80 (+0.74%)
Open
₹106.00
High
₹108.75
Low
₹105.05
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₹107.70
Industry
Consumer Services
Market Cap
8,595.87 Cr
Filing History
Recent corporate announcements and filings for 541233
Business Update
Positive
2026-08-26 21:59
- Lemon Tree Hotels announced the opening of Lemon Tree Premier, Vadodara, its 13th operational property in Gujarat. This new hotel features 94 rooms and suites, strengthening its presence in the region.
Routine
Neutral
2026-08-26 18:09
- Lemon Tree Hotels Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26, fulfilling SEBI (LODR) Regulations.
- The report details sustainability initiatives and includes performance against targets.
- For FY26, energy consumption increased by 4.47% (behind target), while renewable energy usage reached 50.66% (on target).
Business Update
Positive
2026-08-20 16:56
- Opening of Lemon Tree Hotel, Bharuch, marking the 12th operational property in Gujarat, strengthening the Group's presence in the state.
- The hotel features 85 well-appointed rooms and suites, a multi-cuisine restaurant, banquet facilities, fitness centre, and spa.
- Lemon Tree Hotels now has 12 operational hotels in Gujarat, with 20 more in the pipeline.
Business Update
Positive
2026-08-14 20:18
- Q1 FY27 results show revenue up 9% YoY and PAT up 19% YoY, despite Q1 being an "aberration" due to external factors, with Q2 and current demand showing significant improvement.
- Net EBITDA margin in Q1 FY27 was 43.8% (down 99 bps YoY), attributed to SAR provision and GST impact; however, management targets 50% net EBITDA margin for FY28 and 75-80% long-term for the asset-light Lemon Tree.
- Gross debt reduced by 11% YoY to ₹1,475 Cr, and cost of debt reduced to 7.48% (down 53 bps YoY).
- Lemon Tree aims to open around 2,000 new keys in FY27 and expects 5,000 rooms (45% of current managed portfolio) to open by FY29-30.
- Fleur Hotels, the asset-heavy entity, projects over 50% increase in rooms by FY30, supported by Warburg's ₹960 Cr capital infusion for 2,500 additional rooms, targeting a 15% ROCE.
- The company plans continued expansion in premium brands (Aurika, Lemon Tree) in demand-dense areas and mid-scale brands (Keys, Lemon Tree) in Tier 2/3 cities, along with international expansion in short-haul markets.
Business Update
Positive
2026-08-13 17:53
- Lemon Tree Hotels Limited has signed a License Agreement for Lemon Tree Premier, Visakhapatnam. The property will be managed by its wholly-owned subsidiary, Carnation Hotels Private Limited.
- The hotel will feature 110 well-appointed rooms, a restaurant, banquet hall, meeting/conference room, fitness center, swimming pool, and spa.
- This marks the group's 3rd property in Visakhapatnam and 13th in the state of Andhra Pradesh, expanding its footprint with an upscale offering.
Business Update
Neutral
2026-08-12 16:18
- Concall Schedule
- Concall Date: August 19, 2026
- Organized by: Motilal Oswal Financial Services Limited (as part of its 22nd Annual Global Investor Conference)
- Mode and Location: Physical Meeting in Mumbai
Business Update
Neutral
2026-08-12 16:06
- Investor/Analyst Meet Schedule
- Meet Dates: August 17, 2026 and August 18, 2026
- Organizer: Ambit Capital Private Limited (Ambit-Daiwa India Access – Singapore)
- Location: Singapore
- Mode: Physical (One on One/Group Meetings)
Business Update
Positive
2026-08-10 22:05
- Lemon Tree Hotels signed license agreements for two new properties: Lemon Tree Premier, Madurai (100 rooms) and Keys Select By Lemon Tree Hotels, Mcleodganj (45 rooms).
- Both will be managed by its subsidiary, Carnation Hotels Private Limited.
- This expands the company's portfolio in Tamil Nadu and Himachal Pradesh.
Business Update
Neutral
2026-08-10 20:13
- Investors Conference Call on Unaudited Financial Results for the quarter ended June 30, 2026 (Q1 FY27) was held on August 10, 2026.
- The audio recording of the conference call has been uploaded to the Company's website.
Business Update
Positive
2026-08-07 23:31
- Lemon Tree Hotels granted 25,25,000 Stock Appreciation Rights (SAR) Units to eligible employees on August 7, 2026, under the LTHL Stock Appreciation Rights Scheme – 2024. The SAR Price is Rs. 112.79 per unit. Units vest over 2-8 years and can be exercised within 1 year of vesting.
Routine
Neutral
2026-08-07 21:23
New Filing detected. See link for details.
Routine
Neutral
2026-08-07 21:10
New Filing detected. See link for details.
Business Update
Neutral
2026-08-06 21:35
- Lemon Tree Hotels' subsidiary, Fleur Hotels Limited, terminated the lease for the 80-room Lemon Tree Premier, Leisure Valley 2, Gurugram hotel.
- Operations will be discontinued, but the termination has no material financial impact on the Company.
Business Update
Positive
2026-08-05 18:24
- Lemon Tree Hotels signed a Franchise Agreement for Keys Lite by Lemon Tree Hotels, Manali on August 5, 2026.
- The new hotel will feature 24 rooms, a restaurant, lounge, and fitness centre.
- This signing strengthens the group's presence in Himachal Pradesh, bringing its portfolio there to 11 hotels.
Business Update
Neutral
2026-08-04 12:09
- Concall Schedule
- Concall Date: Monday, August 10, 2026
- Concall Time: 4:00 PM IST
Governance
Neutral
2026-07-31 20:26
- Board meeting scheduled on August 07, 2026, to approve Unaudited Financial Results for the quarter ended June 30, 2026.
- Trading window for designated persons is closed from July 1, 2026, until 48 hours after the results announcement.
Routine
Neutral
2026-07-30 19:45
New Filing detected. See link for details.
Business Update
Positive
2026-07-29 21:48
- Lemon Tree Hotels Limited announced the signing of two new license agreements for properties.
- Lemon Tree Hotel, Siddharthanagar in Nepal will feature 120 rooms.
- Keys Select by Lemon Tree Hotels, Vijayawada in Andhra Pradesh will feature 70 rooms.
- Both properties will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary.
Business Update
Positive
2026-07-28 18:29
- Lemon Tree Hotels Limited signed a License Agreement for 'Keys Select by Lemon Tree Hotels, Panthpiplai, Ujjain, Madhya Pradesh'.
- The new hotel will feature 51 rooms and amenities, managed by Carnation Hotels Private Limited.
- This strengthens its presence in Madhya Pradesh, marking its 15th property in the state.
Business Update
Positive
2026-07-24 20:57
- Lemon Tree Hotels Limited's material subsidiary, Fleur Hotels Limited, received an extension for its Letter of Award (LOA) from DDA.
- The LOA, for developing and operating a 5-star hotel "Aurika, Nehru Place," is now valid until August 14, 2027, extended by one year.
Business Update
Neutral
2026-07-16 22:24
- Termination of Hotel Operating Agreement and License Agreement for Lemon Tree Hotel, Erode, Tamil Nadu (65 rooms).
- The termination is due to a material breach of terms by the Owner, effective five business days from July 16, 2026.
- The company states this termination does not have any material financial impact.
Routine
Neutral
2026-07-14 20:52
New Filing detected. See link for details.
Routine
Neutral
2026-07-14 20:21
New Filing detected. See link for details.
Business Update
Neutral
2026-07-10 16:35
- Termination of Hotel Operating and License Agreements for 'Lemon Tree Hotel, Hubli' due to material breach by the owner/operator.
- Effective 5 business days from July 10, 2026.
- The company states no material financial impact.
Business Update
Positive
2026-06-30 22:23
- Lemon Tree Hotels announced the opening of Keys Lite by Lemon Tree Hotels, Ajmer.
- The hotel features 31 rooms, with 24 commencing operations immediately and the remaining 7 in the second phase.
- It is managed by Carnation Hotels Private Limited, a wholly-owned subsidiary.
- This marks the brand's debut in Ajmer and is the group's 14th operational hotel in Rajasthan.
Routine
Neutral
2026-06-25 17:56
- Trading window for designated persons to close from July 1, 2026.
- Closure is for the upcoming declaration of Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.
- The window will re-open 48 hours post results announcement.
- Board meeting date for results to be intimated later.
Business Update
Positive
2026-06-22 20:57
- Hotel Signing: Lemon Tree Hotels signed a License Agreement for Lemon Tree Hotel, Janakpur in Nepal.
- Management: The property will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited.
- Features: The hotel will feature 85 well-appointed rooms, a restaurant, banquet hall, meeting/conference room, bar lounge, swimming pool, spa, and fitness center.
- Portfolio Expansion: This signing expands the group's Nepal portfolio to 8 properties and its overall international portfolio to 11 properties across Nepal, Bhutan, and Dubai.
Ownership
Neutral
2026-06-19 10:57
- Franklin Templeton Mutual Fund sold 613,818 equity shares (0.077%) of Lemon Tree Hotels Ltd via open market on June 17, 2026.
- Post-sale, Franklin Templeton's holding in Lemon Tree Hotels Ltd reduced from 5.095% to 5.017%.
Business Update
Positive
2026-06-18 22:11
- Lemon Tree Hotels signed two license agreements for new resorts in Tadgaon and Igatpuri, Maharashtra.
- These properties will add 200 keys (110 in Tadgaon, 90 in Igatpuri) to its pipeline.
- Both resorts will be managed by its wholly-owned subsidiary, Carnation Hotels Private Limited.
- This expands the company's network in Maharashtra to 32 properties.
Business Update
Positive
2026-06-17 19:51
- Lemon Tree Hotels announced the opening of Lemon Tree Hotel, Sri Ganganagar on June 17, 2026.
- The new hotel features 68 rooms and suites, and marks the brand's 13th operational hotel in Rajasthan, expanding its network to 23 hotels in the state.
Business Update
Neutral
2026-06-10 19:24
- Schedule of Analysts/Institutional Investors Meetings
- Dates: June 15, 2026 to June 19, 2026
- Event: Non-Deal Roadshow with various investors and analysts
- Location: Mumbai, Physical Meeting (One-on-one & Group)
Routine
Neutral
2026-06-08 20:58
New Filing detected. See link for details.
Business Update
Positive
2026-06-08 18:44
- Lemon Tree Hotels has signed a Franchise Agreement for 'Keys Prima by Lemon Tree Hotels, Jaipur' in Rajasthan.
- The new hotel will feature 88 rooms, a restaurant, banquet and conference facilities, a fitness centre, and modern public spaces.
- This signing increases Lemon Tree Hotels' total portfolio in Rajasthan to 23 hotels and its city-wide presence in Jaipur to six hotels.
- The agreement reflects the company's asset-light expansion strategy in key markets.
Business Update
Negative
2026-06-03 21:49
CRITICAL RED FLAG DETECTED
- Lemon Tree Hotels' material subsidiary, Fleur Hotels Limited, received an order on June 03, 2026, from the Customs, Excise and Service Tax Appellate Tribunal.
- The order confirms a demand for Service Tax of ₹33,54,487/- plus penalty, related to wrongly availed CENVAT credit.
- The company states there is no material financial impact and is evaluating legal remedies.
Business Update
Positive
2026-06-03 19:14
- Consolidated Revenue for FY26 grew 13% YoY to ₹1,452.7Cr, and for Q4 FY26 grew 11% YoY to ₹419.5Cr.
- FY26 PAT increased 19% to ₹288.3Cr, with Q4 FY26 PAT up 8% to ₹116.5Cr.
- Total borrowings reduced to ₹1,500Cr from ₹1,699Cr YoY, with the cost of debt decreasing to 7.42% (down 115bps).
- The demerger scheme is progressing, with Lemon Tree Hotels becoming a debt-free, asset-light management company, and Fleur Hotels operating as a growth-oriented hotel ownership/leasing platform.
- Lemon Tree Hotels expects to achieve a steady-state PAT margin of around 60% post-demerger, focusing on profit distribution to shareholders.
- The company aims to sign 5,000 rooms per year and expects managed portfolio openings of ~2,000 rooms in FY27, ~3,000 in FY28, and ~4,000 in FY29.
- Renovation, technology, and GST-related expenses are projected to decrease from 5.8% of revenue in FY26 to 3.7% by FY28, contributing to EBITDA margin expansion.
- Fleur Hotels plans to deploy up to ₹3,000Cr in capital over the next 12-18 months to add 2,500 rooms, primarily in the upscale Aurika brand across top cities and leisure markets.
Business Update
Neutral
2026-06-01 21:09
- Lemon Tree Hotels Limited announced the mutual termination of a Franchise Agreement with M/s. Sparsh Inn LLP for an upcoming 'Keys Select' hotel in Bareilly, Uttar Pradesh.
- The hotel was not operational, and the termination has no material financial impact on the Company.
Business Update
Neutral
2026-05-29 23:08
Lemon Tree Hotels Limited announced that an Investors Conference Call on the Audited Financial Results for the quarter and year ended March 31, 2026, was held on May 29, 2026. The audio recording of this conference call has been uploaded to the company's website.
Governance
Neutral
2026-05-29 16:18
Lemon Tree Hotels Limited submitted its Annual Secretarial Compliance Report for the financial year 2025-26. The report, issued by M/s DPV & Associates LLP, confirms the company's compliance with Regulation 24A of SEBI (LODR) Regulations, 2015, and other applicable statutory provisions. No non-compliances, auditor resignations, or regulatory actions were observed during the review period.
Governance
Neutral
2026-05-28 22:13
Lemon Tree Hotels Limited's Board of Directors met on May 28, 2026, and approved the Audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The financial results received an unmodified audit opinion from M/s. Deloitte Haskins & Sells LLP. Additionally, M/s R. Khattar & Associates were appointed, and M/s Felix Advisory Private Limited were re-appointed as Internal Auditors for FY 2026-27.
Financials
Neutral
2026-05-28 21:53
Lemon Tree Hotels Limited's Board of Directors met on May 28, 2026, and approved the Audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The company received an unmodified opinion from its statutory auditors, Deloitte Haskins & Sells LLP, on the financial results. Additionally, M/s R. Khattar & Associates and M/s Felix Advisory Private Limited were appointed/re-appointed as internal auditors for the financial year 2026-27.
Financials
Positive
2026-05-28 21:38
Consolidated Revenue ₹416.40 Cr vs ₹378.52 Cr (▲10.00% YoY), EBITDA ₹218.35 Cr vs ₹204.99 Cr (▲6.52% YoY), PAT ₹116.45 Cr vs ₹108.15 Cr (▲7.68% YoY). EBITDA Margin 52.44% vs 54.16% (▼172 bps). The board also approved the appointment and re-appointment of internal auditors for FY2026-27.
Business Update
Positive
2026-05-25 20:39
Lemon Tree Hotels Limited has signed a License Agreement for a new 66-room hotel, Lemon Tree Hotel, Kumbakonam, in Tamil Nadu. The property will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary. This expansion strengthens the company's presence in South India and expands its footprint in high-potential Tier II and Tier III markets, aligning with its strategy to grow across key economic, spiritual, and transit corridors.
Financials
Neutral
2026-05-25 19:05
Lemon Tree Hotels Limited will host an Earnings Conference Call with investors and analysts on Friday, May 29, 2026, at 4:00 PM IST, to discuss its Q4 and full-year FY26 financial results. The results are scheduled to be declared on Thursday, May 28, 2026. Details for participating in the call are provided.