Lemon Tree Hotels share price today

Lemon Tree Hotels Ltd's share price was ₹115.57 at the close on 4 November 2026. It has been falling for 39 weeks. That is 1.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹101 and ₹165, and at that close it sat 23% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Lemon Tree Hotels Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 5 weeks in a row.

Over the last 8.6 years the share price moved +71% while the NIFTY 500 moved +135%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare) and profit up on a year earlier for 8 quarters in a row.

1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹345 crore, +9.2% on a year earlier.

   Why: Revenue rose because the company upgraded some hotels, which let it charge more and fill more rooms.

   Next results: check whether Q2 is materially better, as management said, with pricing and occupancy back in balance.

   From the earnings call on 10 Aug 2026.

2. Profit up on a year earlier for 8 quarters in a row

   In the June 2026 quarter profit was ₹57 crore, +18.8% on a year earlier.

   Why: Profit rose because the company paid less interest as its debt fell.

   Next results: check whether the profit margin recovers as GST cost and renovation spending ease, against the promised annual floor.

   From the earnings call on 10 Aug 2026.

For April to June 2026 (the quarter ended 30 June 2026), Lemon Tree Hotels reported revenue of ₹345 crore, up 9.2% from ₹316 crore a year earlier, and a profit of ₹57.0 crore, up 18.8% from ₹48.0 crore.

Lemon Tree Hotels results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Lemon Tree Hotels' management discussed these results on a call held on 10 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Lemon Tree Hotels closed at ₹115.57 on 4 November 2026, down 29.0% from ₹162.71 a year earlier (7 November 2025) and up 101.5% over five years. Its highest weekly close since April 2018 was ₹175.37 on 12 September 2025.

Lemon Tree Hotels share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

452 weekly closes from 13 April 2018 to 4 November 2026.

4 Nov 2026: Lemon Tree Hotels closed at ₹115.57, up 5.8% on the week and up 7.3% on the month. 10 Aug 2026: Lemon Tree Hotels held its results call for April to June 2026. Management guided: FY27 net operating margin above 47% and FY28 at least 50%, with GST impact expected to decline from approximately 2% toward 1.7% as more rooms reprice above ₹7,500.

Earlier

• Results for April to June 2026: Revenue up 9.2% and profit up 18.8% on a year earlier.

Lemon Tree Hotels has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Lemon Tree Hotels Ltd paid out 0% of its profit as dividends in each of its last 12 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 10 August 2026, Lemon Tree Hotels' management guided: FY27 net operating margin above 47% and FY28 at least 50%, with GST impact expected to decline from approximately 2% toward 1.7% as more rooms reprice above ₹7,500.

“No, FY27. FY27 will not be 47%; it will be better. However, if we do not achieve 50% in FY28, then we will have underperformed.”Patanjali Keswani, on the call for April to June 2026

What management guided

• Company-level growth expected double-digit from Q2; fee income accelerates over 8-12 quarters; Lemon Tree fee-platform operating margin goal 75-80% over 3-4 years.
• Approximately 2,000 managed and franchised rooms to open in FY27; signed cohorts typically open 30-36 months after signing.
• Renovation continues at a similar pace next quarter, completes broadly in FY27, and normalizes to refurbishment in FY28; Keys full performance next year goals ₹60 crore operating profit and ₹115-120 crore revenue; Rishikesh work is planned late this year and next year.
• Fleur pursuing approximately 2,500 keys over the next few quarters; ROCE to move toward 15% after renovation and long-term debt-to-operating profit around 2x.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 10 August 2026.

When Lemon Tree Hotels reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Remaining Delhi airport renovation rooms to reopen by end Q2; check occupancy and RevPAR response after full product completion.

Lemon Tree Hotels is on one of our India lists: Hotel stocks.

Lemon Tree Hotels Ltd earned ₹57.0 Cr of net profit in the Jun 2026 quarter, +18.8% on the same quarter a year earlier. That is the 8th quarter in a row of profit growth. Full-year FY26 profit was ₹288 Cr. That is 16.5% of the quarter's revenue. The same quarter a year earlier earned ₹48.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹288 Cr (+18.5% on the year before).

Why profit moved: revenue changed +9.2% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +12.2% and revenue +10.3%. Profit and revenue are moving at about the same pace.

Lemon Tree Hotels Ltd reported ₹345 Cr of revenue in the Jun 2026 quarter, +9.2% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 10 years it has grown 14.6% a year on average. The last full year, FY26, came in at ₹1,444 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,473 Cr.

FY26 revenue was ₹1,444 Cr, +12.3% on the year before.

Recent pace: the last four quarters grew +10.3% on average, against 14.6% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +10.4%, against +15.1% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +9.6%, against +30.6% a year (rolling over).

Lemon Tree Hotels Ltd's operating margin was 43.0% in the Jun 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Across 12 years it has been between 18.0% and 51.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −1.0 percentage points on the year while gross margin changed +0.3 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 217% of Lemon Tree Hotels Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹542 Cr of operating cash against ₹288 Cr of profit. After ₹195 Cr of spending on assets, ₹347 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Lemon Tree Hotels Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹1,444 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹622 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Averaged over those years that is 14.4% of FY26 revenue a year.

Spending on assets: ₹622 Cr over the last 3 years, against ₹390 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹108 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Lemon Tree Hotels Ltd's P/E is 35.8×, near the low end of its own history: it has been lower only 11% of the time. Its usual P/E (the middle reading) is 73.5×, over 8.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹2.96.

Why the multiple is where it is: over the past year earnings per share moved +15.7% while the price moved −29.0%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 3 years the price moved +2.0% a year; about +27.2% a year came from earnings growth and about −25.2 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

The PEG ratio and its quarterly curve, which only the second data source has, are not shown on this page: its two data sources disagree by up to 25% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

Lemon Tree Hotels Ltd's business is giving mixed signals. Growth is slowing from a very fast pace: profit growth has eased from +51.9% at its peak to +9.6%, but the business is still expanding, with ROCE rising at 14.0%. This is based on 8 quarters of 4 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: when the lines disagree, each line above matters more than any single label.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Lemon Tree Hotels Ltd earned a ROCE of 14% in FY26. That is up from a low of −1% in FY21. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 19.9% net margin and 0.34× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 19.9% net margin × 0.34× asset turnover × 3.06× leverage (assets divided by equity) ≈ 20.7% on equity. The margin does most of the work; borrowing is a big part of it.

The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 25% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

Lemon Tree Hotels Ltd had ₹2,004 Cr of borrowings against ₹1,392 Cr of equity in FY26, so its debt is 1.44× its equity. Its operating profit is 4 times its interest bill. Over 5 years borrowings went from ₹2,159 Cr to ₹2,004 Cr. Over the last 3 of those years it spent ₹622 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

The spending on assets is being paid for from cash, not new debt.

The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 25% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

Domestic institutions cut their stake in Lemon Tree Hotels Ltd by 4.1 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 14.8% of the company. Foreign institutions moved −3.5 points over the same period, to 18.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: −4.1 points over 8 quarters, to 14.8%; Foreign institutions: −3.5 points over 8 quarters, to 18.3%; Promoters: −0.4 points over 8 quarters, to 22.3%.

Why the owners changed: domestic institutions drove it (−4.1 points), together with foreign institutions (−3.5 points). They reduced their stake.

For Lemon Tree Hotels Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

52.1 out of 100, rank 9 of 24 in Hotels, with 56% of the evidence available.

Lemon Tree Hotels Ltd scores 52.1 out of 100 against the 24 companies it is compared with in Hotels, ranking 9. Some evidence is missing, so the score is pulled toward the middle on purpose.

The four parts add up to the total exactly: 17.9 + 16.4 + 9.4 + 8.4 = 52.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Lemon Tree Hotels ranks 9 of 24 Hotels companies on the 4-Factor Sector Score, with 52.1 out of 100.