Lemon Tree Hotels Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Lemon Tree Hotels reported Q1 FY27 total revenue of Rs. 346.8 crore, up 9% year-on-year, with net EBITDA of Rs. 151.9 crore, up 7%, while occupancy rose to 75.7% and gross ARR grew 2%. Management attributed margin compression to GST-related input credit loss and renovation spend, and said corporate travel demand softened during the quarter due to the West Asia conflict, particularly in Mumbai and Gurgaon. The company also presented pro forma financials for Lemon Tree and Fleur Hotels ahead of a planned demerger, and discussed progress on Keys portfolio renovation and Fleur's pipeline of new Aurika developments.
Lemon Tree Hotels reported FY26 total revenue of Rs 1,452.7 crore, up 13% YoY, with net EBITDA of Rs 699.3 crore and PAT growing 19% to Rs 288.3 crore, while management described FY26 and Q4 FY26 as the best periods in the company's history on several operating metrics. Management attributed margin contraction during the year to increased renovation spend, technology investment, and a GST-related rate change, and outlined plans to demerge Fleur Hotels into a separately listed asset-owning entity. Management also discussed near-term demand softness linked to reduced corporate travel and geopolitical tensions affecting the airline sector.