NSE: LEMONTREE | BSE: 541233

Expensive Rocket

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139.33 -3.68 (-2.57%)

11.5M NSE+BSE Volume

High volume today

NSE 30 May, 2025 3:31 PM (IST)

11,038.4

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Estimates Beat

Lemon Tree Hotels' Q4 profit and revenue beat Forecaster estimates by 13.5% and 0.7%, respectively See details

Lemon Tree Hotels Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for LEMONTREE, BSE:541233 Lemon Tree Hotels Ltd.

Lemon Tree Hotels Ltd.

11 Feb 2021

139.33

-2.57%

Recovery in Corporate demand - a key trigger

Buy: Lemon Tree Hotels Ltd.

Target

Motilal Oswal

LEMONTRE's 3QFY21 revenue grew 44% QoQ, led by 25% RevPAR growth. This was on the back of 10pp improvement in occupancy, but was offset by a 5% decline in ARR. EBITDA soared 142% QoQ on cost-saving initiatives. Factoring in the current demand scenario, particularly in business travel, we have lowered our FY21E EBITDA estimate by 12% and have largely maintained our FY22E/FY23E EBITDA estimates. We have a Buy rating on the stock with TP of INR50 per share....

Lemon Tree Hotels Ltd. has an average target of 166.20 from 6 brokers.

Lemon Tree Hotels Ltd.

10 Nov 2020

139.33

-2.57%

Lemon Tree Hotels

Hold: Lemon Tree Hotels Ltd.

Target

ICICI Securities Limited

Stringent cost control remains key for survival With re-opening of state borders, the company saw a recovery in demand. Operating inventory also increased from 71.5% in Q1 to 86.8% in Q2. This led to 17.1% QoQ growth in revenues for the quarter. Although some improvement would be visible, going forward, with gradual unlocking of economy meaningful recoveries will take at least 12-15 months. We model occupancy of 43%, 60% and ARR of | 3580, | 4210 in FY21E, FY22E, respectively. LTH has taken measures to curtail costs, by taking salary cuts,...

Number of FII/FPI investors increased from 188 to 208 in Mar 2025 qtr.

Lemon Tree Hotels Ltd.

09 Nov 2020

139.33

-2.57%

Resilient despite challenges

Buy: Lemon Tree Hotels Ltd.

Target

Motilal Oswal

Revenue stood at INR476m (v/s est. INR452m) in 2QFY21, down 69% YoY. ARR declined 36% YoY to INR2,654, and occupancy declined by 42.4pp (to 32.4%). Thus, RevPAR plunged 72% YoY to INR859. EBITDA plummeted 83% YoY to INR83m (v/s est. INR90m and INR44m in 1QFY21). Adj. loss stood at INR371m (v/s loss of INR22m last year). On QoQ basis, RevPAR grew 13%, led by 350bp improvement in occupancy and 1% increase in ARR. Revenue/EBITDA grew 17%/91% QoQ. On same hotel basis (excluding hotels, which were commissioned over the...

Lemon Tree Hotels Ltd. has an average target of 166.20 from 6 brokers.

Lemon Tree Hotels Ltd.

10 Sep 2020

139.33

-2.57%

Lemon Tree Hote

Buy: Lemon Tree Hotels Ltd.

Dolat Capital

Lemon Tree Hotels Ltd. has an average target of 166.20 from 6 brokers.

Lemon Tree Hotels Ltd.

11 Aug 2020

139.33

-2.57%

Lemon Tree Hotels

Hold: Lemon Tree Hotels Ltd.

Target

ICICI Securities Limited

Lemon Tree's (LTH) business was severely affected by lockdown in Q1FY21. Revenues fell 71.1% YoY to | 40.7 crore (vs. I-direct estimate: | 43.7 crore) as only 71% of its inventory was operational. Occupancy in operational hotels was at 40.4%, leading to average occupancy of 28.9% for the quarter. Average room rates were also down 34.4% YoY to | 2626/room. Key demand segments for business were Indians returning from abroad, global IT majors for their business continuity and on duty doctors & paramedical staffs. Total expenses were at | 36.3 crore in Q1FY21, down 62.2% YoY vs....

Lemon Tree Hotels Ltd. is trading above all available SMAs

Lemon Tree Hotels Ltd.

10 Aug 2020

139.33

-2.57%

Only Hotel player likely to be EBITDA positive v/s peers

Buy: Lemon Tree Hotels Ltd.

Target

Motilal Oswal

10 August 2020 Lemon Tree Hotels (LEMONTRE) cost saving initiatives have aided in achieving positive EBITDA (higher than est.). This is commendable in our view, especially at a time when hotel players have either reported or are likely to post EBITDA loss (for players yet to announce results). Although EBITDA was above our estimates, we have maintained our FY21/22E estimates as 1QFY21 is not expected to contribute materially to FY21 EBITDA. We have a rating on the stock with TP of INR33. 1QFY21 revenue was down 71% YoY to INR407m (v/s est. ARR declined 34% YoY to INR2,626, while occupancy decreased 48.7pp to 28.9%, leading to RevPAR drop of 76% YoY to INR759. EBITDA plunged 90% YoY to INR44m (v/s est. INR3m) while Adj. loss stood at INR419m (v/s loss of INR17m last year). On same hotel basis (excluding hotels, which were commissioned over the past 12 months i.e.

Number of FII/FPI investors increased from 188 to 208 in Mar 2025 qtr.

Lemon Tree Hotels Ltd.

03 Jun 2020

139.33

-2.57%

Lemon Tree Hotels

Hold: Lemon Tree Hotels Ltd.

Target

ICICI Securities Limited

Tourism was the first sector that took a hit due to outbreak of the pandemic and is expect to be among the last to recover. Business in April was down 76% YoY and 70% YoY in May. Business and Leisure travel are not expected to normalize for few quarters. Occupancies in the lockdown came from rooms occupied by quarantine or corporate guests, doctors and healthcare workers. We model occupancy of 52%/63% and ARR of |4080/|4410 in FY21E/FY22E. LTH has taken measures to curtail costs, by taking salary cuts, re-negotiating contracts, reducing repairs costs, reduction in power costs,...

Lemon Tree Hotels Ltd. is trading above all available SMAs

Lemon Tree Hotels Ltd.

25 Mar 2020

139.33

-2.57%

Lemon Tree Hotels

Hold: Lemon Tree Hotels Ltd.

Recommendation Target

ICICI Securities Limited

The ongoing coronavirus outbreak has had a severe impact on the hotel bookings in India from Feb-20 onwards with massive forward booking cancellations across cities. This in turn has eroded the ability of hotels across India with heavy loss of business during this peak season time. The extent of this lost business has primarily been seen across all major tourist and business destinations and we expect the situations to remain severely weak with individuals cancelling or deferring their travel plans and thousands of companies adopting the work from home' and no travel' policies. This...

Lemon Tree Hotels Ltd. is trading above all available SMAs

Lemon Tree Hotels Ltd.

19 Feb 2020

139.33

-2.57%

Q3FY20 Result Review : Lemon Tree Hotels

Buy: Lemon Tree Hotels Ltd.

Target

IDBI Capital

Lemon Tree Hotels Ltd.'s (LTH) Q3FY20 result was a mixed bag as net sales was muted owing to weak performance of new hotels, while cost saving aided healthy margins improvement. Net sales increased by 39.2% YoY to Rs 1,996 mn mainly driven by 4% increase in ADR. EBITDA came in at Rs 812 mn, up by 65.7% YoY and EBITDA margin stood at 40.7%, improved by 649 bps YoY. The company reported net profit of Rs 122 mn down by 2.2% YoY. The company's new acquired venture Keys Hotels performance...

Lemon Tree Hotels Ltd. is trading at high day volume of 11.0M.

Lemon Tree Hotels Ltd.

18 Feb 2020

139.33

-2.57%

Lemon Tree Hotels

Buy: Lemon Tree Hotels Ltd.

ICICI Securities Limited

Lemon Tree Hotels reported a strong set of Q3FY20 numbers. Revenues for the quarter increased 39.2% YoY to | 199.6 crore (I-direct estimate: | 189.6 crore). The strong topline growth was driven by ~45% increase in the number of owned/leased rooms and 58% rise in managed room portfolio. While RevPAR growth, on an overall basis, was at 1.9% for the quarter, RevPAR growth for the Lemon Tree portfolio (ex-keys) was at a healthy 7.5% YoY. Reported EBITDA for the quarter was at | 81.2 crore (I-direct estimate: | 64.1 crore) with EBITDA margins of 40.7% (I-direct estimate: 33.8%). On a...

Lemon Tree Hotels Ltd. is trading above all available SMAs

Is Lemon Tree Hotels Ltd. worth buying?

562 Votes:

Buy 79.0%

Sell 12.1%

Hold 8.9%

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