Lemon Tree Hotels Ltd
Lemon Tree Hotels Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Lemon Tree targets at least 15% revenue growth in FY27 from the existing portfolio (Patanjali Keswani, Page 18). - Post-renovation ADR growth: Expect approx. Lemon Tree expects at least 15% revenue growth from its existing portfolio by FY27. - Fee income growth from new managed rooms will take 3-3.5 years to fully materialize. - EBITDA target for the Keys portfolio post-renovation is around Rs.
From Lemon Tree Hotels Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Lemon Tree targets at least 15% revenue growth in FY27 from the existing portfolio (Patanjali Keswani, Page 18).
- Post-renovation ADR growth: Expect approx. Rs. 60 crore EBITDA for Keys portfolio, indicating improved profitability (Page 17).
- MICE segment expected to grow, with newer hotels designed for larger banquet and convention facilities, enhancing revenue mix (Page 18).
- Fee income from managed rooms will increase as new properties stabilize; recent additions have shown 24% fee income growth but full benefits will accrue over 3-3.5 years (Page 11).
- Technology investments aim to improve revenue management and sales, potentially yielding Rs. 50 crore incremental returns from tech efficiency (Page 10).
2 more points management made on revenue & sales performance
Profitability & Margins
See what Lemon Tree Hotels Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Significant CAPEX ongoing starting from last year through next year, mainly for renovation.
- Operating expenditure (OPEX) on renovation over Rs. 100 crore; CAPEX around Rs. 70-80 crore.
- CAPEX and OPEX expected to shrink dramatically after FY27.
- Investment of about Rs. 200 crore in Aurika Bombay, with favorable borrowing terms (70% debt at ~3% interest).
- Plans for selective land acquisitions, operating assets, and hotel site expansions in markets like Bombay, Pune, and Bangalore.
- Future growth pipeline includes greenfield, brownfield, and acquisitions, with announcements expected within the next 12 months.
2 more points management made on capital expenditure plans
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Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Lemon Tree Hotels Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Current managed and franchise pipeline stands at approximately 9,400 rooms.
- The company expects to operationalize a significant portion of this pipeline in the next 1-2 years, though exact timing is uncertain due to factors beyond control.
- There are multiple acquisition opportunities totaling around 2,500 keys (rooms) under consideration.
- The company aims to add roughly 2,500 rooms to its inventory over the next year through acquisitions, greenfield and brownfield projects.
- Specific targeted markets include Bombay, Pune, Bangalore (near the airport), and select deep-demand large cities.
2 more points management made on order book & pipeline
Lemon Tree Hotels Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹406 Cr, net profit ₹82 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Lemon Tree Hotel's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q2 FY26 earnings call →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
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Frequently Asked Questions
What were Lemon Tree Hotels Ltd Q3 FY26 results?
Lemon Tree targets at least 15% revenue growth in FY27 from the existing portfolio (Patanjali Keswani, Page 18). - Post-renovation ADR growth: Expect approx. Lemon Tree expects at least 15% revenue growth from its existing portfolio by FY27. - Fee income growth from new managed rooms will take 3-3.5 years to fully materialize. - EBITDA target for the Keys portfolio post-renovation is around Rs.
What is Lemon Tree Hotels Ltd share price analysis?
Lemon Tree Hotels Ltd currently shows a neutral. The stock trades at a P/E of 36.0 with a market cap of ₹8,927 Cr. Investors should review the full earnings analysis for detailed insights.
Is Lemon Tree Hotels Ltd planning capital expenditure?
Significant CAPEX ongoing starting from last year through next year, mainly for renovation. - Operating expenditure (OPEX) on renovation over Rs.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.