# Lemon Tree Hotels share price today (Lemon Tree Hotels Ltd, NSE: LEMONTREE)

> Lemon Tree Hotels share price today: ₹114.26 at the NSE close on 3 November 2026, down 30.9% in a year. Lemon Tree Hotels (NSE: LEMONTREE) is worth ₹9,075 crore, trades at a P/E of 35.4 and has closed between ₹101.11 and ₹164.53 over the past 52 weeks. > Lemon Tree Hotels Ltd's earnings have grown faster than its share price. Earnings per share grew +15.7% in a year while the price moved −30.9%. LEMONTREE · Hotels · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/lemon-tree-hotels-ltd

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: ₹114.26 (−30.9% in a year)
- P/E: 35.4× (lower than 90% of the last 8.4 years)
- Revenue (Jun 2026): ₹345 Cr (+9.2% on a year ago)
- Profit (Jun 2026): ₹57.0 Cr (+18.8% on a year ago)
- Operating margin: 43.0% (−1.0 points on a year ago)
- ROCE: 14%, FY26
- Profit that came in as cash: 217%, last 3 years

The main question: yearly earnings per share moved +15.7% while the share price moved −30.9%. ## What is the Lemon Tree Hotels share price today? Lemon Tree Hotels Ltd's share price was ₹114.26 at the close on 3 November 2026. It has been falling for 39 weeks. That is 2.6% 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 21% of the way up from that low. 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 +69% 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. ## What changed at Lemon Tree Hotels this quarter? 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. ## What are Lemon Tree Hotels' latest quarterly results? 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

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹345 crore | ₹316 crore | +9.2% |
| Profit | ₹57.0 crore | ₹48.0 crore | +18.8% |
| Earnings per share | ₹0.58 | ₹0.48 | +20.8% |
| Operating margin | 43.0% | 44.0% | −1.0 points |

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.)

## What is the Lemon Tree Hotels share price history? Lemon Tree Hotels closed at ₹114.26 on 3 November 2026, down 30.9% from ₹165.27 a year earlier (31 October 2025) and up 99.2% 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

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹108.94 | +4.9% |
| 1 month ago · 1 Oct 2026 | ₹107.67 | +6.1% |
| 6 months ago · 30 Apr 2026 | ₹117.59 | −2.8% |
| 1 year ago · 31 Oct 2025 | ₹165.27 | −30.9% |
| 3 years ago · 3 Nov 2023 | ₹108.95 | +4.9% |
| 5 years ago · 4 Nov 2021 | ₹57.35 | +99.2% |
| Earliest weekly close in our records · 13 Apr 2018 | ₹67.70 | +68.8% |
| Highest weekly close since April 2018 · 12 Sep 2025 | ₹175.37 | −34.8% |
| Lowest weekly close since April 2018 · 22 May 2020 | ₹15.85 | +620.9% |
| 52-week high (weekly close) · 5 Dec 2025 | ₹164.53 | −30.6% |
| 52-week low (weekly close) · 13 Mar 2026 | ₹101.11 | +13.0% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (452 weekly closes from 13 April 2018 to 3 November 2026.)

## What is the latest news on Lemon Tree Hotels? 3 Nov 2026: Lemon Tree Hotels closed at ₹114.26, up 4.9% on the week and up 6.1% 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. ## What dividend does Lemon Tree Hotels pay? 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 4 November 2026.)

## What did Lemon Tree Hotels management say on the latest results call? 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](https://files.tijorifinance.com/insight/india/5875/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 10 August 2026.)

## What to watch in Lemon Tree Hotels' next results? 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. - What to check (from the call)
- Remaining Delhi airport renovation rooms to reopen by end Q2; check occupancy and RevPAR response after full product completion. - Net operating margin to recover as GST drag and renovation taper; check delivery against the promised annual floor. - Aurika Mumbai repricing to lift RevPAR in Q2; check whether management converts the withheld goal into a quantified outlook. - SEBI scrutiny to advance toward NCLT steps; check whether demerger approvals progress on schedule. ## Which stock lists is Lemon Tree Hotels on? Lemon Tree Hotels is on one of our India lists: Hotel stocks. [Hotel stocks Group on the list: Hotel owners and chains](https://www.sectoralpha.in/sectors/hotels)

## Is Lemon Tree Hotels profitable? 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. 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. ## How much revenue does Lemon Tree Hotels make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Lemon Tree Hotels keep? 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. 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. ## Is Lemon Tree Hotels' profit turning into cash? 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. 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. ## Where does Lemon Tree Hotels' cash go? 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. 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. ## What is Lemon Tree Hotels' P/E ratio, and how does it compare with its own history? Lemon Tree Hotels Ltd's P/E is 35.4×, near the low end of its own history: it has been lower only 10% 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. 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 −30.9%. 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 +1.6% a year; about +27.2% a year came from earnings growth and about −25.6 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. ## Is the Lemon Tree Hotels business getting better or worse? 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. 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. ## How much does Lemon Tree Hotels earn on its capital? 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). 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. ## Does Lemon Tree Hotels have too much debt? 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. 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. ## What is the Lemon Tree Hotels shareholding pattern? 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. 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. ## How far is Lemon Tree Hotels from balance-sheet trouble? 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. ## How does Lemon Tree Hotels rank in its industry? 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. ## Which companies is Lemon Tree Hotels compared with? Lemon Tree Hotels ranks 9 of 24 Hotels companies on the 4-Factor Sector Score, with 52.1 out of 100. 1. [Asian Hotels (West) Ltd](https://www.sectoralpha.in/stocks/asian-hotels-westltd) AHLWEST · turning · Most evidence points up · 64% evidence 68.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.3/35 · Revenue 8.5% · Profit 100% · Operating margin change 2 points · 88% evidence Capital efficiency 19.2/25 · ROCE 19.7% · Operating margin 40% · 100% evidence Valuation 11.4/20 · P/E 6.7× · PEG n/a · 15% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 34.1% · 1 year n/a · 25% evidence · 0 of 12 weeks ahead Exact sum: 25.3 + 19.2 + 11.4 + 12.2 = 68.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Indian Hotels Co Ltd](https://www.sectoralpha.in/stocks/indian-hotels-co-ltd) INDHOTEL · turning · Most evidence points up · 82% evidence 66.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/35 · Revenue 15.4% · Profit 28.6% · Operating margin change 0 points · 95% evidence Capital efficiency 17.0/25 · ROCE 17.1% · Operating margin 28% · 76% evidence Valuation 10.2/20 · P/E 57.5× · PEG n/a · 50% evidence Relative strength 17.2/20 · Lead over its industry 16.2% · Lead over NIFTY 500 22.1% · 1 year 9.4% · 100% evidence · 8 of 12 weeks ahead Exact sum: 22.5 + 17 + 10.2 + 17.2 = 66.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [TajGVK Hotels & Resorts Ltd](https://www.sectoralpha.in/stocks/tajgvk-hotels-resorts-ltd) TAJGVK · quiet · Most evidence points up · 74% evidence 65.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.4/35 · Revenue 22.5% · Profit 100% · Operating margin change 0 points · 88% evidence Capital efficiency 13.4/25 · ROCE 13.3% · Operating margin 30% · 100% evidence Valuation 15.3/20 · P/E 13.2× · PEG 0.85 · 65% evidence Relative strength 8.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.1% · 1 year -28% · 25% evidence · 2 of 12 weeks ahead Exact sum: 28.4 + 13.4 + 15.3 + 8.1 = 65.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Oriental Hotels Ltd](https://www.sectoralpha.in/stocks/oriental-hotels-ltd) ORIENTHOT · leader · Evidence leans up · 93% evidence 64.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.9/35 · Revenue 6.8% · Profit 36% · Operating margin change -0.8 points · 100% evidence Capital efficiency 14.1/25 · ROCE 12.1% · Operating margin 23% · 100% evidence Valuation 12.9/20 · P/E 42.1× · PEG 0.88 · 65% evidence Relative strength 20.0/20 · Lead over its industry 37.9% · Lead over NIFTY 500 44.5% · 1 year 30.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 17.9 + 14.1 + 12.9 + 20 = 64.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Leela Palaces Hotels & Resorts Ltd](https://www.sectoralpha.in/stocks/leela-palaces-hotels-resorts-ltd) THELEELA · leader · Evidence leans up · 93% evidence 61.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Revenue 23.5% · Profit 80.5% · Operating margin change -1 points · 100% evidence Capital efficiency 10.5/25 · ROCE 8.7% · Operating margin 43% · 100% evidence Valuation 8.7/20 · P/E 45.2× · PEG 1.81 · 65% evidence Relative strength 18.9/20 · Lead over its industry 35.4% · Lead over NIFTY 500 42.1% · 1 year 46.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.7 + 10.5 + 8.7 + 18.9 = 61.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [ITC Hotels Ltd](https://www.sectoralpha.in/stocks/itc-hotels-ltd) ITCHOTELS · turning · Evidence leans up · 93% evidence 55.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.9/35 · Revenue 19.9% · Profit 26.7% · Operating margin change 3 points · 100% evidence Capital efficiency 11.4/25 · ROCE 11.2% · Operating margin 32% · 100% evidence Valuation 7.9/20 · P/E 35.2× · PEG 2.02 · 65% evidence Relative strength 12.5/20 · Lead over its industry -2.5% · Lead over NIFTY 500 2.4% · 1 year -22.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 23.9 + 11.4 + 7.9 + 12.5 = 55.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Viceroy Hotels Ltd](https://www.sectoralpha.in/stocks/viceroy-hotels-ltd) VHLTD · breaking out · Evidence leans up · 78% evidence 54.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.6/35 · Revenue 24.4% · Profit -69.2% · Operating margin change 10.8 points · 65% evidence Capital efficiency 7.0/25 · ROCE 7.1% · Operating margin 25.6% · 100% evidence Valuation 8.5/20 · P/E 47.8× · PEG n/a · 50% evidence Relative strength 16.1/20 · Lead over its industry 10.2% · Lead over NIFTY 500 15.7% · 1 year 18.7% · 100% evidence · 6 of 12 weeks ahead Exact sum: 22.6 + 7 + 8.5 + 16.1 = 54.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Chalet Hotels Ltd](https://www.sectoralpha.in/stocks/chalet-hotels-ltd) CHALET · breaking out · Evidence leans up · 74% evidence 52.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.2/35 · Revenue 6% · Profit 85.3% · Operating margin change 6 points · 88% evidence Capital efficiency 18.5/25 · ROCE 17% · Operating margin 46% · 100% evidence Valuation 4.9/20 · P/E 33× · PEG 3.09 · 65% evidence Relative strength 10.3/20 · Lead over its industry n/a · Lead over NIFTY 500 2% · 1 year -15.2% · 25% evidence · 8 of 12 weeks ahead Exact sum: 19.2 + 18.5 + 4.9 + 10.3 = 52.9 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 9. Lemon Tree Hotels Ltd this page LEMONTREE · turning · Too little evidence to rank firmly · 56% evidence 52.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.9/35 · Revenue 10.4% · Profit 9.6% · Operating margin change -1 points · 83% evidence Capital efficiency 16.4/25 · ROCE 14.1% · Operating margin 43% · 76% evidence Valuation 9.4/20 · P/E 33.8× · PEG n/a · 15% evidence Relative strength 8.4/20 · Lead over its industry n/a · Lead over NIFTY 500 -5.8% · 1 year -33.9% · 25% evidence · 2 of 12 weeks ahead Exact sum: 17.9 + 16.4 + 9.4 + 8.4 = 52.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. [Travel Food Services Ltd](https://www.sectoralpha.in/stocks/travel-food-services-ltd) TRAVELFOOD · quiet · Evidence leans up · 71% evidence 51.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.8/35 · Revenue 4.4% · Profit 17.4% · Operating margin change -3 points · 83% evidence Capital efficiency 21.3/25 · ROCE 42.4% · Operating margin 36% · 76% evidence Valuation 9.8/20 · P/E 31.9× · PEG n/a · 15% evidence Relative strength 4.8/20 · Lead over its industry -7.3% · Lead over NIFTY 500 -2.5% · 1 year -12.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 15.8 + 21.3 + 9.8 + 4.8 = 51.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Juniper Hotels Ltd](https://www.sectoralpha.in/stocks/juniper-hotels-ltd) JUNIPER · breaking out · Evidence leans down · 89% evidence 49.9 out of 100 Growth Capital Valuation Relative
12. [Benares Hotels Ltd](https://www.sectoralpha.in/stocks/benares-hotels-ltd) BENARAS · breaking out · Evidence leans down · 85% evidence 48.0 out of 100 Growth Capital Valuation Relative
13. [EIH Ltd](https://www.sectoralpha.in/stocks/eih-ltd) EIHOTEL · quiet · Evidence leans down · 78% evidence 48.0 out of 100 Growth Capital Valuation Relative
14. [Kamat Hotels (India) Ltd](https://www.sectoralpha.in/stocks/kamat-hotels-indialtd) KAMATHOTEL · breaking out · Evidence leans down · 71% evidence 47.9 out of 100 Growth Capital Valuation Relative
15. [Advent Hotels International Ltd](https://www.sectoralpha.in/stocks/advent-hotels-international-ltd) ADVENTHTL · quiet · Too little evidence to rank firmly · 51% evidence 45.7 out of 100 Growth Capital Valuation Relative
16. [Samhi Hotels Ltd](https://www.sectoralpha.in/stocks/samhi-hotels-ltd) SAMHI · quiet · Evidence leans down · 79% evidence 45.6 out of 100 Growth Capital Valuation Relative
17. [Royal Orchid Hotels Ltd](https://www.sectoralpha.in/stocks/royal-orchid-hotels-ltd) ROHLTD · quiet · Evidence leans down · 81% evidence 45.3 out of 100 Growth Capital Valuation Relative
18. [Ventive Hospitality Ltd](https://www.sectoralpha.in/stocks/ventive-hospitality-ltd) VENTIVE · quiet · Evidence leans down · 71% evidence 44.1 out of 100 Growth Capital Valuation Relative
19. [Sayaji Hotels Ltd](https://www.sectoralpha.in/stocks/sayaji-hotels-ltd) SAYAJIHOTL · leader · Too little evidence to rank firmly · 56% evidence 43.2 out of 100 Growth Capital Valuation Relative
20. [EIH Associated Hotels Ltd](https://www.sectoralpha.in/stocks/eih-associated-hotels-ltd) EIHAHOTELS · basing · Evidence leans down · 96% evidence 40.7 out of 100 Growth Capital Valuation Relative
21. [U P Hotels Ltd](https://www.sectoralpha.in/stocks/u-p-hotels-ltd) UPHOT · breaking out · Evidence leans down · 81% evidence 39.8 out of 100 Growth Capital Valuation Relative
22. [Apeejay Surrendra Park Hotels Ltd](https://www.sectoralpha.in/stocks/apeejay-surrendra-park-hotels-ltd) PARKHOTELS · quiet · Most evidence points down · 81% evidence 34.9 out of 100 Growth Capital Valuation Relative
23. [Asian Hotels (North) Ltd](https://www.sectoralpha.in/stocks/asian-hotels-northltd) ASIANHOTNR · breaking out · Too little evidence to rank firmly · 56% evidence 34.9 out of 100 Growth Capital Valuation Relative
24. [HLV Ltd](https://www.sectoralpha.in/stocks/hlv-ltd) HLVLTD · Too little evidence to rank firmly · 48% evidence 39.7 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Hotels](https://www.sectoralpha.in/sectors/hotels), all 24 compared on one page. ## Which companies are close to Lemon Tree Hotels in size? Lemon Tree Hotels is the 8th largest of 24 Hotels companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Chalet Hotels, Travel Food Services and Ventive Hospitality. Just below it: Juniper Hotels, Samhi Hotels and Oriental Hotels. ### Hotels companies close in size

1. [Chalet Hotels Ltd](https://www.sectoralpha.in/stocks/chalet-hotels-ltd) ₹17,643 crore
2. [Travel Food Services Ltd](https://www.sectoralpha.in/stocks/travel-food-services-ltd) ₹15,180 crore
3. [Ventive Hospitality Ltd](https://www.sectoralpha.in/stocks/ventive-hospitality-ltd) ₹12,414 crore
4. Lemon Tree Hotels Ltd ₹8,657 crore
5. [Juniper Hotels Ltd](https://www.sectoralpha.in/stocks/juniper-hotels-ltd) ₹4,364 crore
6. [Samhi Hotels Ltd](https://www.sectoralpha.in/stocks/samhi-hotels-ltd) ₹3,363 crore
7. [Oriental Hotels Ltd](https://www.sectoralpha.in/stocks/oriental-hotels-ltd) ₹2,873 crore

[All 24 Hotels companies, largest first](https://www.sectoralpha.in/sectors/hotels#all-companies)

### Companies close in size in other industries

1. [Jaiprakash Power Ventures Ltd](https://www.sectoralpha.in/stocks/jaiprakash-power-ventures-ltd) ₹8,718 crore · Power - Generation/Distribution
2. [JK Tyre & Industries Ltd](https://www.sectoralpha.in/stocks/jk-tyre-industries-ltd) ₹8,701 crore · Tyres & Tubes
3. Lemon Tree Hotels Ltd ₹8,657 crore
4. [Kwality Walls India Ltd](https://www.sectoralpha.in/stocks/kwality-walls-india-ltd) ₹8,625 crore · Food & Dairy Products
5. [BLS International Services Ltd](https://www.sectoralpha.in/stocks/bls-international-services-ltd) ₹8,614 crore · Services - Others

## What else do people ask about Lemon Tree Hotels? ### What is Lemon Tree Hotels's share price today? Lemon Tree Hotels Ltd's share price is ₹114.26, −30.9% over the past year. The whole company is worth ₹9,075 Cr on the market. In the last 52 weeks it traded between ₹101 to ₹165; today it is 21% of the way up from the low, 2.6% below its 200-day average (as of 3 November 2026). ### What were Lemon Tree Hotels's latest quarterly results? Lemon Tree Hotels Ltd reported revenue of ₹345 Cr and net profit of ₹57.0 Cr for the Jun 2026 quarter. Revenue rose 9.2% and profit rose 18.8% compared with a year earlier. Earnings per share were ₹0.58. The operating margin was 43.0%, 1.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Lemon Tree Hotels's market cap? Lemon Tree Hotels Ltd's market capitalisation is ₹9,075 Cr at a share price of ₹114.26. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Lemon Tree Hotels performing? Lemon Tree Hotels Ltd's share price has been falling for 39 weeks. In its latest quarter, revenue rose 9.2% and profit rose 18.8% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 5 weeks running (as of 3 November 2026). ### Will Lemon Tree Hotels's share price go up? This page does not forecast Lemon Tree Hotels Ltd's share price. What it shows instead: the share price is ₹114.26, and it has been falling for 39 weeks. Its P/E of 35.4× is higher than 10% of its own last 8 years (as of 3 November 2026). ### Who owns Lemon Tree Hotels? Promoters own 22.3% of Lemon Tree Hotels Ltd, foreign institutions 18.3%, domestic institutions 14.8% and the public 44.6% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 4.1 percentage points over 8 quarters (as of 3 November 2026). ### Where is Lemon Tree Hotels in its business cycle? Lemon Tree Hotels Ltd's FY26 operating margin was 48.0%, against a 12-year range of 18.0% to 51.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 43.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Lemon Tree Hotels story? The main question: yearly earnings per share moved +15.7% while the share price moved −30.9%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Lemon Tree Hotels a stock worth studying right now? What the numbers show: Lemon Tree Hotels Ltd's earnings have grown faster than its share price. Earnings per share grew +15.7% in a year while the price moved −30.9%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Lemon Tree Hotels share price forecast for 2026? What management itself 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. ## Lists

- Hotel stocks: https://www.sectoralpha.in/sectors/hotels

This is research, not advice. We’re not SEBI-registered.