| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 345 | 316 | +9.1% |
| EBITDA | 150 | 141 | +6.5% |
| EBITDA margin | 43.4% | 44.5% | −1.1 pts |
| Profit before tax | 79.4 | 63.3 | +25.5% |
| Net profit | 57.3 | 48.1 | +19.2% |
| EPS | ₹0.58 | ₹0.48 | +20.8% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 8,485 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 124 | 124 | 94.0 | 41.7 | 24.7 | ||
| 687 | 687 | 626 | 580 | 560 | ||
| 2,004 | 2,004 | 2,148 | 1,894 | 2,177 | ||
| 11,051 | — | — | — | — | ||
| 1,473 | 1,445 | 1,286 | 1,071 | 875 | ||
| — | +12.3% | +20.1% | +22.4% | — | ||
| 700 | 691 | 634 | 523 | 448 | ||
| 47.5% | 47.9% | 49.3% | 48.9% | 51.2% | ||
| 560 | 552 | 495 | 411 | 351 | ||
| 298 | 288 | 243 | 182 | 141 | ||
| 20.2% | 20.0% | 18.9% | 17.0% | 16.1% | ||
| ₹2.97 | ₹2.87 | ₹2.48 | ₹1.88 | ₹1.45 | ||
| — | +15.5% | +32.4% | +29.6% | — | ||
| — | 542 | 542 | 465 | 385 | ||
| — | −138 | −95.8 | −331 | −162 | ||
| 403 | 403 | 446 | 134 | 223 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 8,484.6 | |
| - Cash, Equiv & ST Investments | 24.7 | 41.7 | 94.0 | 124.4 | 124.4 | |
| + Minority Interest | 559.7 | 579.5 | 626.1 | 687.2 | 687.2 | |
| + Total Debt | 2,176.8 | 1,893.5 | 2,147.6 | 2,003.6 | 2,003.6 | |
| Enterprise Value | — | — | — | — | 11,051.1 | |
| Revenue | 875.0 | 1,071.1 | 1,286.1 | 1,444.5 | 1,473.3 | |
| Growth %, YoY | — | +22.4 | +20.1 | +12.3 | — | |
| EBITDA | 447.6 | 523.2 | 634.1 | 691.2 | 700.4 | |
| Margin % | 51.15 | 48.85 | 49.31 | 47.85 | 47.54 | |
| EBIT | 351.0 | 411.1 | 494.8 | 552.4 | 559.7 | |
| Net Income | 140.5 | 181.7 | 243.1 | 288.3 | 297.6 | |
| Margin % | 16.06 | 16.96 | 18.91 | 19.96 | 20.20 | |
| EPS, Adj (current shares) | 1.45 | 1.88 | 2.48 | 2.87 | 2.97 | |
| Growth %, YoY | — | +29.6 | +32.4 | +15.5 | — | |
| Cash from Operations | 384.9 | 465.0 | 541.6 | 541.6 | — | |
| Capital Expenditures | -162.0 | -331.2 | -95.8 | -138.3 | — | |
| Free Cash Flow | 222.8 | 133.8 | 445.8 | 403.3 | 403.3 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Lemon Tree Hotels (NSE: LEMONTREE) had a market capitalisation of ₹8,816 crore at the 29 October 2026 close (₹111.34 a share), a PE ratio of 37.5 on the last four quarters' profit and a price-to-book ratio of 6.33. In FY26 its consolidated net profit attributable to shareholders was ₹227 crore on revenue of ₹1,445 crore; in Q1 FY27 (April–June 2026) it was ₹46 crore, up 20.1% year on year. Its debt-to-equity ratio was 0.96 on 31 March 2026. Promoters held 22.32% of the shares on 30 September 2026.
Lemon Tree Hotels' PE ratio is 37.5 at the 29 October 2026 close (₹111.34 a share): a market capitalisation of ₹8,816 crore divided by consolidated net profit attributable to shareholders of ₹235 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹227 crore) it is 38.8.
Lemon Tree Hotels' price-to-book (PB) ratio is 6.33 at the 29 October 2026 close: a market capitalisation of ₹8,816 crore divided by shareholders' equity (book value) of ₹1,392 crore on 31 March 2026. That is a book value of ₹17.58 per share against a share price of ₹111.34.
Lemon Tree Hotels' book value per share was ₹17.58 on 31 March 2026: shareholders' equity of ₹1,392 crore divided by the 79.18 crore shares in issue, up 19.6% from ₹14.69 a year earlier. The share price at the 29 October 2026 close was ₹111.34.
Lemon Tree Hotels' market capitalisation was ₹8,816 crore at the 29 October 2026 close: 79.18 crore shares at ₹111.34 each.
No. Lemon Tree Hotels had borrowings of ₹2,004 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.96. Its cash and current investments were ₹164 crore, so its net debt was ₹1,840 crore.
Lemon Tree Hotels' basic earnings per share (EPS) were ₹2.87 in FY26, against ₹2.48 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹2.97.
Lemon Tree Hotels' debt-to-equity ratio was 0.96 on 31 March 2026: borrowings of ₹2,004 crore against total equity of ₹2,079 crore. A year earlier, on 31 March 2025, it was 1.20.
Lemon Tree Hotels' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,392 crore on 31 March 2026, up 19.6% from ₹1,164 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹8,816 crore at the 29 October 2026 close.
Promoters held 22.32% of Lemon Tree Hotels on 30 September 2026, unchanged from the previous quarter and up 0.04 percentage points from 22.28% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Lemon Tree Hotels' return on equity (ROE) was 17.8% and its return on capital employed (ROCE) was 14.4%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 18.5% and ROCE 13.4%.
On 30 September 2026, Lemon Tree Hotels' shares were held by promoters 22.32%, foreign portfolio investors (FII/FPI) 18.26%, domestic institutions (DII) 14.80% (including mutual funds at 13.35%) and retail and other non-institutional investors 44.57%. Over the year, FII holding was down 3.19 percentage points from 21.45% and DII holding was down 4.91 percentage points from 19.71%.
Lemon Tree Hotels' latest results are for Q1 FY27 (April–June 2026), filed on 7 August 2026: consolidated net profit attributable to shareholders ₹46 crore, up 20.1% from ₹38.3 crore in Q1 FY26; revenue from operations ₹345 crore, up 9.1% year on year.
In FY26, Lemon Tree Hotels generated ₹542 crore of cash from operations and spent ₹138 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹403 crore. In FY25 it was ₹446 crore.
In FY26 (April 2025–March 2026), Lemon Tree Hotels' consolidated net profit attributable to shareholders was ₹227 crore, up 15.5% from ₹197 crore in FY25, on revenue from operations of ₹1,445 crore (up 12.3%). Over three years, from FY23, net profit was up 98.2%.
Lemon Tree Hotels will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against Indian Hotels (IHCL), Chalet Hotels and Samhi Hotels: Lemon Tree Hotels' operating margin of 38.2% is the highest of the four (Indian Hotels (IHCL) 26.7%, Chalet Hotels 34.6%, Samhi Hotels 24.4%; peer average 28.6%); its return on equity of 17.8% is the third highest of the four (Indian Hotels (IHCL) 17.2%, Chalet Hotels 19.1%, Samhi Hotels 30.3%; peer average 22.2%); its revenue growth over three years of 18.2% a year is the lowest of the four (Indian Hotels (IHCL) 18.6% a year, Chalet Hotels 34.9% a year, Samhi Hotels 19.1% a year; peer average 24.2% a year).
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Lemon Tree Hotels' PE ratio is 38.8, the second highest of the four: Indian Hotels (IHCL) 55.3, Chalet Hotels 27.7 and Samhi Hotels 6.9, a peer average of 30.0. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Lemon Tree Hotels earned net profit attributable to shareholders of ₹227 crore on revenue of ₹1,445 crore, against ₹2,084 crore on ₹9,689 crore for Indian Hotels (IHCL). Lemon Tree Hotels' operating margin was 38.2% (Indian Hotels (IHCL) 26.7%) and its return on equity 17.8% (Indian Hotels (IHCL) 17.2%). At the 29 October 2026 close, Lemon Tree Hotels' market capitalisation was ₹8,816 crore against ₹1,15,295 crore for Indian Hotels (IHCL), and its PE ratio on FY26 profit 38.8 against 55.3.
From Lemon Tree Hotels' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.