India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#440- Valuation
- ₹11,180 Cr
2023 #417 2022 #465
Lemon Tree Hotels Limited - travel and hospitality in Gurgaon, Haryana, India. FY 2026 financials & compliance.
Active Listed - NSE: LEMONTREE · BSE: 541233 Public Limited Company travel and hospitality Nifty 500
Market Cap
₹8,790 Cr
LEMONTREE · NSE
Share Price
₹108.94
-1.81% today
Revenue
₹1,444 Cr
FY 2025-26 · +12.3% YoY
EBITDA
₹657 Cr
Margin 45.5%
Net Profit
₹250 Cr
FY 2025-26 · +27.2% YoY
P/E (TTM)
33.2x
P/B 6.3x
ROE
22.6%
ROCE 16.0%
Debt / Equity
1.62
Interest cover 34.6x
About Lemon Tree Hotels Limited
Data last updated:
Lemon Tree Hotels Limited is a public limited company based in Gurgaon, Haryana, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 02 June 1992 and has been in existence for over 34 years.
Lemon Tree Hotels is part of the Nifty 500 and BSE 500 indices. Its director Patanjali Govind Keswani and family are #1,090 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN L74899HR1992PLC140546. Its GSTIN is 06AACCK1698R1ZT (Haryana). The company holds 22 GST registrations, of which 11 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 541233 and NSE: LEMONTREE.
The company has an authorised share capital of ₹1,014.24 Cr and a paid-up capital of ₹792.25 Cr. It was formerly known as P.M.G. Hotels Private Limited and Lemon Tree Hotels Private Limited. It is led by directors including Patanjali Govind Keswani (Managing Director) and Neelendra Singh (Managing Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Lemon Tree Corporate Park, Gurgaon, Haryana.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,444.5 Cr, a growth of 12.3% compared to the previous year. For the same year it recorded a net profit of ₹249.9 Cr (net margin 17.3%) and EBITDA of ₹656.96 Cr (EBITDA margin 45.5%). The net worth stands at ₹1,391.94 Cr (up 19.6% YoY). Total assets are valued at ₹4,098.88 Cr (up 4% YoY).
The company has about 883 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Aurika Hotels and Lemon Tree Hotels. As per MCA filings, the company has open charges of ₹560.36 Cr and satisfied charges of ₹1,024.83 Cr on record. Court records list 68 cases involving the company, including 29 filed by the company and 39 filed against it; 4 cases are pending. The company has 32 deals on record (23 market trades, 5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹931.23 Cr; the latest was in April 2026. The company has 2 MSME Form 1 returns on record between 2018 and 2019, listing 519 overdue payments to 39 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lemontreehotels.com.
Company details
CIN L74899HR1992PLC140546
Registration Number 140546
Incorporation Date 02 June 1992
ROC Haryana
Listing Status Listed - Listed on NSE (LEMONTREE); Listed on BSE (541233)
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Name history
Lemon Tree Hotels has undergone 4 name changes throughout its history. The current legal name is Lemon Tree Hotels Limited.
| Company Name | Status |
|---|---|
| Lemon Tree Hotels Limited | Current |
| P.M.G. Hotels Private Limited | Previous |
| Lemon Tree Hotels Private Limited | Previous |
| P M G Hotels Private Limited | Previous |
| Krizm Hotels Private Limited | Previous |
CIN history
Lemon Tree Hotels has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74899HR1992PLC140546, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74899HR1992PLC140546 | Current |
| U74899DL1992PLC049022 | Previous |
| L74899DL1992PLC049022 | Previous |
| U74899DL1992PTC049022 | Previous |
Key People
Patanjali Govind Keswani Managing Director Neelendra Singh Managing Director Kapil Sharma Whole-Time Director Recognitions & Rankings of Lemon Tree Hotels
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,090 Patanjali Govind Keswani & family ₹2,400 Cr
Stock market indices
Nifty 500 BSE 500
Contact details
Lemon Tree Hotels Limited's registered office is in Gurgaon, Haryana.
- Social Media
- Registered AddressLemon Tree Corporate Park Urban, Complex Ullahawas Sector – 60, Gurgaon, Haryana, India – 122011
- IndustryTravel and Hospitality, Hotel & Accommodation Services
Comprehensive company report
Lemon Tree Hotels Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Lemon Tree Hotels operates two associated brands: Aurika Hotels and Lemon Tree Hotels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a chain of hotels and resorts offering lodging and amenities in various cities. | aurikahotels.com | |
| A chain of hotels and resorts is operated. | lemontreehotels.com |
Financials of Lemon Tree Hotels Limited
FY 2025-26 filings availableLemon Tree Hotels Limited reported revenue of ₹1,444.5 Cr (up 12.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹1,444 Cr
+12.3% YoY
EBITDA
₹657 Cr
+3.6% YoY
Profit After Tax
₹250 Cr
+27.2% YoY
Net Worth
₹1,392 Cr
+19.6% YoY
Total Assets
₹4,099 Cr
+4.0% YoY
Total Debt
₹2,004 Cr
-6.7% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,444 | 1,286 | 1,071 | 875 | 402 | 252 | 669 |
| Revenue growth | +12.3% | +20.1% | +22.4% | +117.5% | +59.8% | -62.4% | - |
| EBITDA | 657 | 634 | 523 | 448 | 119 | 57.27 | 241 |
| EBITDA margin | +45.5% | +49.3% | +48.9% | +51.2% | +29.5% | +22.8% | +36.0% |
| Profit before tax | 359 | 296 | 216 | 178 | (145) | (219) | (2.18) |
| Net profit | 250 | 196 | 148 | 114 | (87.62) | (127) | 4.51 |
| Net profit margin | +17.3% | +15.3% | +13.9% | +13.1% | -21.8% | -50.5% | +0.7% |
| EPS (₹) | 2.87 | 2.48 | 1.88 | 1.45 | (1.11) | (1.61) | (0.12) |
| Balance sheet | |||||||
| Total assets | 4,099 | 3,942 | 3,885 | 3,593 | 3,529 | 3,697 | 3,565 |
| Net worth | 1,392 | 1,164 | 967 | 854 | 831 | 918 | 989 |
| Total debt | 2,004 | 2,148 | 2,336 | 2,177 | 2,128 | 2,159 | 2,017 |
| Cash & bank | 97.80 | 80.67 | 53.74 | 27.48 | 54.29 | 141 | 40.82 |
| Net working capital | 207 | 122 | 54.97 | (0.94) | 21.47 | 112 | (55.29) |
| Cash flow | |||||||
| Cash from operations | 542 | 542 | 465 | 385 | 135 | 41.01 | 151 |
| Cash from investing | (169) | (127) | (397) | (283) | (45.44) | (65.59) | (598) |
| Cash from financing | (370) | (392) | (58.53) | (132) | (163) | 111 | 457 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 345 | 416 | 406 | 306 | 316 | 379 | 355 | 284 |
| Revenue growth (YoY) | +9.1% | +10.0% | +14.3% | +7.7% | +17.8% | - | - | - |
| Other income | 2.15 | 3.10 | 1.72 | 1.73 | 1.64 | 0.88 | 0.71 | 0.63 |
| EBITDA | 149 | 213 | 173 | 131 | 140 | 203 | 184 | 131 |
| EBITDA margin | +43.4% | +51.1% | +42.7% | +42.7% | +44.4% | +53.8% | +51.9% | +46.0% |
| Depreciation | 36.06 | 35.49 | 34.79 | 34.32 | 34.21 | 34.87 | 35.07 | 34.78 |
| Interest | 36.38 | 38.76 | 41.44 | 42.30 | 44.68 | 47.24 | 50.33 | 51.33 |
| Profit before tax | 79.13 | 142 | 98.84 | 55.84 | 62.86 | 122 | 99.52 | 45.27 |
| Tax | 21.77 | 25.14 | 17.02 | 13.90 | 14.76 | 14.11 | 19.66 | 10.23 |
| Net profit | 57.36 | 116 | 81.82 | 41.94 | 48.10 | 108 | 79.86 | 35.04 |
| EPS (₹) | 0.58 | 1.16 | 0.79 | 0.44 | 0.48 | 1.07 | 0.79 | 0.37 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 442 | 385 | 357 | 310 | 129 | 79.92 | 270 |
| Revenue growth | +14.9% | +7.6% | +15.1% | +140.3% | +61.7% | -70.4% | - |
| EBITDA | 197 | 198 | 190 | 172 | 39.99 | 9.80 | 108 |
| EBITDA margin | +44.6% | +51.4% | +53.3% | +55.5% | +31.0% | +12.3% | +40.1% |
| Profit before tax | 152 | 142 | 136 | 112 | (22.60) | (53.86) | 40.65 |
| Net profit | 122 | 100 | 96.93 | 78.67 | (16.37) | (34.83) | 31.12 |
| Net profit margin | +27.6% | +26.1% | +27.1% | +25.3% | -12.7% | -43.6% | +11.5% |
| EPS (₹) | 1.37 | 1.27 | 1.22 | 0.99 | (0.20) | (0.52) | 0.41 |
| Balance sheet | |||||||
| Total assets | 1,702 | 1,657 | 1,630 | 1,604 | 1,502 | 1,547 | 1,558 |
| Net worth | 1,367 | 1,257 | 1,157 | 1,059 | 988 | 1,003 | 1,044 |
| Total debt | 327 | 398 | 471 | 543 | 513 | 542 | 513 |
| Cash & bank | 15.36 | 12.83 | 5.27 | 7.96 | 15.67 | 36.41 | 11.88 |
| Net working capital | 25.27 | 28.13 | 47.13 | 48.22 | 38.87 | 93.49 | 91.96 |
| Cash flow | |||||||
| Cash from operations | 175 | 171 | 199 | 142 | 74.82 | 5.01 | 54.10 |
| Cash from investing | (73.59) | (49.14) | (84.53) | (139) | (20.69) | 35.77 | (54.45) |
| Cash from financing | (103) | (114) | (119) | (11.28) | (74.87) | (16.25) | 1.82 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 105 | 134 | 125 | 90.90 | 92.89 | 111 | 104 | 86.94 |
| Revenue growth (YoY) | +13.0% | +20.8% | +19.6% | +4.6% | +12.1% | - | - | - |
| Other income | 0.38 | 1.26 | 0.35 | 0.30 | 0.29 | 0.17 | 0.26 | 0.23 |
| Total expenses | 60.77 | 65.08 | 80.54 | 47.42 | 51.92 | 46.93 | 50.09 | 45.49 |
| EBITDA | 44.15 | 68.54 | 44.08 | 43.48 | 40.97 | 63.71 | 54.12 | 41.45 |
| EBITDA margin | +42.1% | +51.3% | +35.4% | +47.8% | +44.1% | +57.6% | +51.9% | +47.7% |
| Depreciation | 4.97 | 5.08 | 5.02 | 4.97 | 4.87 | 4.92 | 4.99 | 4.66 |
| Interest | 5.00 | 6.18 | 6.59 | 6.92 | 7.40 | 8.16 | 9.14 | 9.60 |
| Profit before tax | 34.56 | 58.54 | 32.82 | 31.89 | 28.99 | 50.80 | 40.25 | 27.42 |
| Tax | 8.88 | 16.26 | 9.65 | 9.35 | 8.53 | 14.84 | 11.75 | 8.05 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 345 | 416 | 406 | 306 | 316 | 379 | 355 | 284 |
| Revenue growth (YoY) | +9.1% | +10.0% | +14.3% | +7.7% | +17.8% | - | - | - |
| Other income | 2.15 | 3.10 | 1.72 | 1.73 | 1.64 | 0.88 | 0.71 | 0.63 |
| EBITDA | 149 | 213 | 173 | 131 | 140 | 203 | 184 | 131 |
| EBITDA margin | +43.4% | +51.1% | +42.7% | +42.7% | +44.4% | +53.8% | +51.9% | +46.0% |
| Depreciation | 36.06 | 35.49 | 34.79 | 34.32 | 34.21 | 34.87 | 35.07 | 34.78 |
| Interest | 36.38 | 38.76 | 41.44 | 42.30 | 44.68 | 47.24 | 50.33 | 51.33 |
| Profit before tax | 79.13 | 142 | 98.84 | 55.84 | 62.86 | 122 | 99.52 | 45.27 |
| Tax | 21.77 | 25.14 | 17.02 | 13.90 | 14.76 | 14.11 | 19.66 | 10.23 |
| Net profit | 57.36 | 116 | 81.82 | 41.94 | 48.10 | 108 | 79.86 | 35.04 |
| EPS (₹) | 0.58 | 1.16 | 0.79 | 0.44 | 0.48 | 1.07 | 0.79 | 0.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,444 | 1,286 | 1,071 | 875 | 402 | 252 | 669 |
| Revenue growth | +12.3% | +20.1% | +22.4% | +117.5% | +59.8% | -62.4% | - |
| Other income | 20.50 | 12.90 | 13.19 | 9.62 | 22.03 | 21.99 | 10.87 |
| Total expenses | 788 | 652 | 548 | 427 | 284 | 194 | 429 |
| Employee cost | 239 | 218 | 188 | 150 | 97.32 | 70.39 | 155 |
| EBITDA | 657 | 634 | 523 | 448 | 119 | 57.27 | 241 |
| EBITDA margin | +45.5% | +49.3% | +48.9% | +51.2% | +29.5% | +22.8% | +36.0% |
| Depreciation | 139 | 139 | 112 | 96.60 | 104 | 108 | 92.25 |
| Interest | 180 | 211 | 208 | 182 | 181 | 190 | 162 |
| Profit before tax | 359 | 296 | 216 | 178 | (145) | (219) | (2.18) |
| Tax | 70.82 | 53.08 | 34.13 | 37.70 | (7.23) | (32.21) | 10.88 |
| Net profit | 250 | 196 | 148 | 114 | (87.62) | (127) | 4.51 |
| Net profit margin | +17.3% | +15.3% | +13.9% | +13.1% | -21.8% | -50.5% | +0.7% |
| EPS (₹) | 2.87 | 2.48 | 1.88 | 1.45 | (1.11) | (1.61) | (0.12) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 792 | 792 | 792 | 792 | 791 | 790 | 790 |
| Reserves & surplus | 600 | 372 | 175 | 62.12 | 40.44 | 127 | 199 |
| Shareholders' funds (net worth) | 1,392 | 1,164 | 967 | 854 | 831 | 918 | 989 |
| Minority interest | 687 | 626 | 580 | 560 | 568 | 617 | 556 |
| Secured loans | 1,500 | 1,699 | 1,889 | 1,746 | 1,699 | 1,685 | 1,555 |
| Unsecured loans | 503 | 449 | 447 | 431 | 429 | 474 | 463 |
| Total debt | 2,004 | 2,148 | 2,336 | 2,177 | 2,128 | 2,159 | 2,017 |
| Total liabilities | 4,099 | 3,942 | 3,885 | 3,593 | 3,529 | 3,697 | 3,565 |
| Assets | |||||||
| Gross block | 4,693 | 4,557 | 4,514 | 3,717 | 3,706 | 3,742 | 3,585 |
| Net block | 3,563 | 3,556 | 3,641 | 2,957 | 3,051 | 3,194 | 3,307 |
| Capital work in progress | 108 | 58.59 | 25.41 | 482 | 297 | 242 | 190 |
| Investments | 73.39 | 44.59 | 13.33 | 5.54 | 9.62 | 5.54 | 14.01 |
| Inventories | 13.82 | 13.84 | 13.84 | 10.52 | 8.12 | 7.22 | 8.22 |
| Sundry debtors | 116 | 78.62 | 71.48 | 55.98 | 29.06 | 30.82 | 50.27 |
| Cash & bank balances | 97.80 | 80.67 | 53.74 | 27.48 | 54.29 | 141 | 40.82 |
| Loans & advances | 135 | 81.73 | 58.19 | 41.06 | 33.57 | 50.14 | 43.58 |
| Total current assets | 363 | 255 | 197 | 135 | 125 | 229 | 143 |
| Total current liabilities | 156 | 133 | 142 | 136 | 104 | 117 | 198 |
| Net working capital | 207 | 122 | 54.97 | (0.94) | 21.47 | 112 | (55.29) |
| Total assets | 4,099 | 3,942 | 3,885 | 3,593 | 3,529 | 3,697 | 3,565 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 55.42 | 33.64 | 23.68 | 54.29 | 127 | 40.82 | 31.40 |
| Net cash from operating activities | 542 | 542 | 465 | 385 | 135 | 41.01 | 151 |
| Net cash from investing activities | (169) | (127) | (397) | (283) | (45.44) | (65.59) | (598) |
| Net cash from financing activities | (370) | (392) | (58.53) | (132) | (163) | 111 | 457 |
| Net change in cash | 2.67 | 21.78 | 9.96 | (30.60) | (73.17) | 86.64 | 9.42 |
| Closing cash | 97.80 | 80.67 | 53.74 | 27.48 | 54.29 | 141 | 40.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +12.3% | +20.1% | +22.4% | +117.5% | +59.8% | -62.4% | - |
| EBITDA growth | +3.6% | +21.1% | +16.9% | +277.2% | +107.2% | -76.2% | - |
| PBT growth | +21.2% | +37.3% | +21.1% | +9998.0% | +33.9% | -9934.4% | - |
| Net income growth | +27.2% | +32.3% | +29.8% | +230.6% | +31.1% | -2918.4% | - |
| Revenue CAGR (3Y) | +18.2% | +47.3% | +62.1% | +9.3% | -9.9% | -19.6% | +17.6% |
| EBITDA CAGR (3Y) | +13.7% | +74.8% | +109.1% | +23.0% | -11.1% | -25.1% | +27.4% |
| Profitability & leverage | |||||||
| Net income margin | +20.0% | +18.9% | +17.0% | +16.1% | -34.2% | -74.1% | -2.0% |
| Return on capital employed | +16.0% | +15.1% | +12.6% | +11.5% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +22.6% | +21.6% | +16.5% | +14.4% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 1.62 | 2.10 | 2.48 | 2.55 | 2.45 | 2.19 | 1.72 |
| Long-term debt / equity | 1.46 | 1.90 | 2.23 | 2.33 | 2.26 | 2.04 | 1.64 |
| Interest cover | 34.65 | 42.71 | 50.71 | 51.96 | 1,265.31 | -378.80 | 108.79 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.31 | 0.28 | 0.26 | 0.24 | 0.11 | 0.07 | 0.25 |
| Inventory turnover | 104.45 | 92.92 | 87.94 | 93.88 | 52.44 | 32.61 | 94.29 |
| Debtors turnover | 14.83 | 17.14 | 16.81 | 20.58 | 13.43 | 6.21 | 9.94 |
| EPS (₹) | 2.87 | 2.48 | 1.88 | 1.45 | (1.11) | (1.61) | (0.12) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 17.58 | 14.69 | 12.21 | 10.78 | 10.51 | 11.61 | 12.51 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 105 | 134 | 125 | 90.90 | 92.89 | 111 | 104 | 86.94 |
| Revenue growth (YoY) | +13.0% | +20.8% | +19.6% | +4.6% | +12.1% | - | - | - |
| Other income | 0.38 | 1.26 | 0.35 | 0.30 | 0.29 | 0.17 | 0.26 | 0.23 |
| Total expenses | 60.77 | 65.08 | 80.54 | 47.42 | 51.92 | 46.93 | 50.09 | 45.49 |
| EBITDA | 44.15 | 68.54 | 44.08 | 43.48 | 40.97 | 63.71 | 54.12 | 41.45 |
| EBITDA margin | +42.1% | +51.3% | +35.4% | +47.8% | +44.1% | +57.6% | +51.9% | +47.7% |
| Depreciation | 4.97 | 5.08 | 5.02 | 4.97 | 4.87 | 4.92 | 4.99 | 4.66 |
| Interest | 5.00 | 6.18 | 6.59 | 6.92 | 7.40 | 8.16 | 9.14 | 9.60 |
| Profit before tax | 34.56 | 58.54 | 32.82 | 31.89 | 28.99 | 50.80 | 40.25 | 27.42 |
| Tax | 8.88 | 16.26 | 9.65 | 9.35 | 8.53 | 14.84 | 11.75 | 8.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 442 | 385 | 357 | 310 | 129 | 79.92 | 270 |
| Revenue growth | +14.9% | +7.6% | +15.1% | +140.3% | +61.7% | -70.4% | - |
| Other income | 9.68 | 6.49 | 15.23 | 4.28 | 6.38 | 7.04 | 5.10 |
| Total expenses | 245 | 187 | 167 | 138 | 89.20 | 70.12 | 162 |
| Employee cost | 77.54 | 70.64 | 66.28 | 53.63 | 37.68 | 25.34 | 61.48 |
| EBITDA | 197 | 198 | 190 | 172 | 39.99 | 9.80 | 108 |
| EBITDA margin | +44.6% | +51.4% | +53.3% | +55.5% | +31.0% | +12.3% | +40.1% |
| Depreciation | 19.93 | 19.53 | 21.05 | 19.99 | 21.03 | 22.51 | 24.26 |
| Interest | 34.55 | 42.43 | 48.71 | 44.96 | 47.94 | 48.19 | 48.16 |
| Profit before tax | 152 | 142 | 136 | 112 | (22.60) | (53.86) | 40.65 |
| Tax | 43.80 | 41.70 | 38.83 | 32.95 | (6.55) | (13.14) | 8.45 |
| Net profit | 122 | 100 | 96.93 | 78.67 | (16.37) | (34.83) | 31.12 |
| Net profit margin | +27.6% | +26.1% | +27.1% | +25.3% | -12.7% | -43.6% | +11.5% |
| EPS (₹) | 1.37 | 1.27 | 1.22 | 0.99 | (0.20) | (0.52) | 0.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 792 | 792 | 792 | 792 | 791 | 790 | 790 |
| Reserves & surplus | 575 | 465 | 365 | 268 | 197 | 213 | 253 |
| Shareholders' funds (net worth) | 1,367 | 1,257 | 1,157 | 1,059 | 988 | 1,003 | 1,044 |
| Secured loans | 158 | 228 | 301 | 371 | 342 | 372 | 346 |
| Unsecured loans | 169 | 170 | 170 | 172 | 171 | 170 | 167 |
| Total debt | 327 | 398 | 471 | 543 | 513 | 542 | 513 |
| Total liabilities | 1,702 | 1,657 | 1,630 | 1,604 | 1,502 | 1,547 | 1,558 |
| Assets | |||||||
| Gross block | 793 | 782 | 772 | 766 | 761 | 758 | 692 |
| Net block | 512 | 514 | 523 | 537 | 553 | 570 | 596 |
| Capital work in progress | 79.03 | 39.95 | 24.84 | 21.35 | 17.67 | 15.48 | 14.50 |
| Investments | 993 | 986 | 983 | 930 | 810 | 793 | 795 |
| Inventories | 2.32 | 2.50 | 2.63 | 2.56 | 2.08 | 1.92 | 2.34 |
| Sundry debtors | 36.75 | 35.02 | 19.89 | 64.72 | 38.19 | 77.25 | 79.79 |
| Cash & bank balances | 15.36 | 12.83 | 5.27 | 7.96 | 15.67 | 36.41 | 11.88 |
| Loans & advances | 25.49 | 20.51 | 56.57 | 22.81 | 22.04 | 29.34 | 56.26 |
| Total current assets | 79.92 | 70.86 | 84.36 | 98.05 | 77.98 | 145 | 150 |
| Total current liabilities | 54.65 | 42.73 | 37.23 | 49.83 | 39.11 | 51.43 | 58.31 |
| Net working capital | 25.27 | 28.13 | 47.13 | 48.22 | 38.87 | 93.49 | 91.96 |
| Total assets | 1,702 | 1,657 | 1,630 | 1,604 | 1,502 | 1,547 | 1,558 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 10.68 | 3.17 | 7.96 | 15.67 | 36.41 | 11.88 | 10.41 |
| Net cash from operating activities | 175 | 171 | 199 | 142 | 74.82 | 5.01 | 54.10 |
| Net cash from investing activities | (73.59) | (49.14) | (84.53) | (139) | (20.69) | 35.77 | (54.45) |
| Net cash from financing activities | (103) | (114) | (119) | (11.28) | (74.87) | (16.25) | 1.82 |
| Net change in cash | (1.60) | 7.50 | (4.79) | (7.70) | (20.74) | 24.53 | 1.47 |
| Closing cash | 15.36 | 12.83 | 5.27 | 7.96 | 15.67 | 36.41 | 11.88 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +14.9% | +7.6% | +15.1% | +140.3% | +61.7% | -70.4% | - |
| EBITDA growth | -0.3% | +3.9% | +10.4% | +331.0% | +308.1% | -90.9% | - |
| PBT growth | +7.1% | +4.7% | +21.6% | +9998.0% | +58.0% | - | -16.1% |
| Net income growth | +21.5% | +3.7% | +23.2% | +580.6% | +53.0% | -211.9% | - |
| Revenue CAGR (3Y) | +12.5% | +43.9% | +64.8% | +4.8% | -22.1% | -29.8% | +7.3% |
| EBITDA CAGR (3Y) | +4.6% | +70.3% | +168.8% | +16.9% | -24.0% | -47.6% | +21.9% |
| Profitability & leverage | |||||||
| Net income margin | +24.5% | +26.1% | +27.1% | +25.4% | -12.4% | -51.0% | +11.9% |
| Return on capital employed | +12.3% | +11.2% | +11.4% | +10.1% | +1.7% | +0.0% | +6.1% |
| Return on net worth | +9.3% | +8.3% | +8.8% | +7.7% | -1.6% | -3.4% | +3.1% |
| Debt / equity | 0.28 | 0.36 | 0.46 | 0.52 | 0.53 | 0.52 | 0.40 |
| Long-term debt / equity | 0.23 | 0.30 | 0.39 | 0.46 | 0.48 | 0.46 | 0.35 |
| Interest cover | 19.50 | 23.82 | 28.78 | 29.51 | 252.85 | -379.15 | 57.53 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.56 | 0.50 | 0.46 | 0.41 | 0.17 | 0.11 | 0.45 |
| Inventory turnover | 183.42 | 149.95 | 137.72 | 133.84 | 64.60 | 37.52 | 123.38 |
| Debtors turnover | 12.32 | 14.01 | 8.45 | 6.03 | 2.24 | 1.02 | 4.16 |
| EPS (₹) | 1.37 | 1.27 | 1.22 | 0.99 | (0.20) | (0.52) | 0.41 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 17.26 | 15.88 | 14.61 | 13.38 | 12.49 | 12.69 | 13.21 |
To see the full year-wise statements and ratios of Lemon Tree Hotels Limited, buy the company report.
Board of directors of Lemon Tree Hotels Limited
Lemon Tree Hotels has 10 current directors and 32 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Patanjali Govind Keswani Also directs: Crow Real Estates Private Limited, Toucan Real Estates Private Limited, Oceanus Development Company Private Limited and 5 more | Managing Director | 07 Oct 2002 | 24 Years 0 Months | Current |
| Aditya Madhav Keswani Also directs: Crow Real Estates Private Limited, Toucan Real Estates Private Limited, Oceanus Development Company Private Limited and 5 more | Director | 17 Jun 2015 | 11 Years 4 Months | Current |
| Willem Albertus Hazeleger | Director | 09 Aug 2017 | 9 Years 2 Months | Current |
| Sanjiv Nandan Sahai Also directs: Bajaj Finserv Limited, Bajaj General Insurance Limited, Bajaj Life Insurance Limited and 1 more | Director | 09 Nov 2023 | 2 Years 11 Months | Current |
| Paramartha Saikia | Director | 15 Jun 2017 | 9 Years 4 Months | Current |
| Praveen Garg Also directs: Ambuja Cements Limited, Pranit Energy Private Limited, Assets Care & Reconstruction Enterprise Limited and 1 more | Director | 09 Nov 2023 | 2 Years 11 Months | Current |
Showing 6 of 10 current directors. View all directors
Charges & borrowings
Open charges
₹560.36 Cr
Satisfied charges
₹1,024.83 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 2026 | 101283505 | Hdfc Bank Limited | ₹13.65 Lakh | Open | |
| 10 Dec 2025 | 101208932 | Hdfc Bank Limited | ₹12.98 Lakh | Open | |
| 31 Oct 2025 | 101182630 | Hdfc Bank Limited | ₹11.19 Lakh | Open | |
| 27 Sep 2025 | 101170662 | Hdfc Bank Limited | ₹55.9 Lakh | Open | |
| 20 Sep 2025 | 101167793 | Hdfc Bank Limited | ₹26.53 Lakh | Open |
To see the full charge records of Lemon Tree Hotels Limited, buy the company report.
Total charge records: 113 View all charges
Deals & funding
Lemon Tree Hotels Limited has 32 deals on record (23 market trades, 5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹931.23 Cr; the latest was in April 2026.
Total deals
32
Market trades
23
Funding rounds
5
Secondary share transfers
2
Acquisition
1
Disclosed funding
₹931.23 Cr
Deals on record (5 of 32)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2026 | Market trade | ₹156.35 Cr | Buyer: NK Securities Research Private Limited , Qe Securities LLP , Hrti Private Limited Seller: NK Securities Research Private Limited , Qe Securities LLP , Hrti Private Limited |
| Jan 2024 | Market trade | ₹121.85 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Mar 2022 | Market trade | ₹63.73 Cr | Buyer: Graviton Research Capital LLP , Qe Securities Seller: Qe Securities, Graviton Research Capital LLP |
| Dec 2020 | Market trade | ₹92.99 Cr | Buyer: Ivy Icon Solutions LLP Seller: Spank Management Services Private Limited , an individual |
| Nov 2019 | Market trade | ₹120 Cr | Buyer: Wf Asian Reconnaissance Fund Limited Seller: RJ Corp Limited |
To see the full deal history of Lemon Tree Hotels Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lemon Tree Hotels Limited has 68 court cases on record: 29 filed by Lemon Tree Hotels, 39 filed against it. 4 cases are pending and 64 are disposed.
Total cases
68
Filed by the company
29
Filed against the company
39
Pending
4
Disposed
64
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 14 | 1 |
| District courts | 30 | 19 | 3 |
| Supreme Court | 6 | 6 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 68)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Cinefil Producers Performance Ltd | Pending |
| District court, New Delhi, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Ms Span Motels Private Ltd | Disposed |
| District court, New Delhi, Delhi | Court case (OMP (I) (COMM.)) | Filed by the company against M/S Span Motels Pvt. Ltd. | Disposed |
| District court, Central, Delhi | Commercial suit | Filed against the company by Varahamurti Flexirub Industries Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Novex Communications Pvt.Ltd | Disposed |
To see the full case history of Lemon Tree Hotels Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Lemon Tree Hotels Limited was last rated by Icra on 11 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 11 Aug 2021 |
To see the full credit ratings and regulatory alerts of Lemon Tree Hotels Limited, buy the company report.
MSME payment delays
Lemon Tree Hotels Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 519 overdue payments to 39 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 39)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Laxmi Narayan Marketing | |||
| Dilasa Agro Processors Private Limited | |||
| an individual supplier | |||
| Zack Marketing (India) Pvt Ltd |
To see the full MSME payment records of Lemon Tree Hotels Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Lemon Tree Hotels has 22 GST registrations: 11 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
22
Active
11
Cancelled / inactive
11
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCK1698R1ZT | Haryana | Active | 01 Jul 2017 |
| 02AACCK1698R1Z1 | Himachal Pradesh | Active | 01 Jul 2017 |
| 04AACCK1698R1ZX | Chandigarh | Active | 01 Jul 2017 |
| 07AACCK1698R1ZR | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lemon Tree Hotels Limited, buy the company report.
Recent activity
Lemon Tree Hotels Limited has 41 board changes on record since 2002: 12 appointments and 29 cessations. The latest: Kapil Sharma was appointed as Whole-Time Director on 01 Oct 2025.
Charges
A charge registered on 15 Feb 2021 via Charge ID 100418526 with Others was fully satisfied on 16 Jun 2026.
Charges
A charge registered on 24 Nov 2023 via Charge ID 100829626 with Hdfc Bank Limited was fully satisfied on 16 Apr 2026.
Charges
A charge registered on 01 Oct 2023 via Charge ID 100795169 with Hdfc Bank Limited was fully satisfied on 16 Apr 2026.
Charges
A charge registered on 21 Aug 2021 via Charge ID 100475267 with Hdfc Bank Limited was fully satisfied on 16 Apr 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 101283505 was registered on 15 Apr 2026.
Filing
Lemon Tree Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Haryana.
Charges
A charge registered on 30 Dec 2020 via Charge ID 100408363 with Hdfc Bank Limited was fully satisfied on 25 Mar 2026.
Charges
A charge registered on 29 Dec 2020 via Charge ID 100399519 with Axis Bank Limited was fully satisfied on 29 Jan 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 101208932 was registered on 10 Dec 2025.
Charges
A charge registered on 28 Feb 2020 via Charge ID 100331109 with Hdfc Bank Limited was fully satisfied on 06 Nov 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101182630 was registered on 31 Oct 2025.
Appointed
Kapil Sharma was appointed as Whole-Time Director.
247 earlier events are in the company report.
News
Lemon Tree: Reports Strong Demand Expected This Season, Plans To Open More Hotels In India And Expand Internationally, Says Interview.
Lemon Tree Hotels: Opens Its First 65-Room Keys Prima Hotel In Darjeeling
Lemon Tree: Co MD Says H2 To Be Better Than H1 - TV
Frequently asked questions
Lemon Tree Hotels is an active public limited company based in Gurgaon, Haryana, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 02 June 1992 (34+ years old) and is registered under CIN L74899HR1992PLC140546. Listed on BSE: 541233 and NSE: LEMONTREE.
Lemon Tree Hotels reported revenue of ₹1,444.5 Cr for FY 2025-26 (up 12.3% YoY) based on consolidated financials.
Lemon Tree Hotels has 10 current directors:
- Patanjali Govind Keswani - Managing Director
- Neelendra Singh - Managing Director
- Kapil Sharma - Whole-Time Director
- Aditya Madhav Keswani - Director
- Willem Albertus Hazeleger - Director
- Sanjiv Nandan Sahai - Director
- Paramartha Saikia - Director
- Praveen Garg - Director
- Niten Malhan - Director
- Smita Anand - Director
The latest financial statements of Lemon Tree Hotels on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Lemon Tree Hotels is 06AACCK1698R1ZT, registered in Haryana. The company has 22 GST registrations in all, of which 11 are active and 11 are cancelled or inactive. Other active GSTINs include 02AACCK1698R1Z1 (Himachal Pradesh), 04AACCK1698R1ZX (Chandigarh), 07AACCK1698R1ZR (Delhi).
The CIN (Corporate Identification Number) of Lemon Tree Hotels is L74899HR1992PLC140546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Lemon Tree Hotels is a listed company as per MCA records. Its shares are listed on both BSE (code: 541233) and NSE (symbol: LEMONTREE).
Lemon Tree Hotels has 68 court cases on record: 29 filed by the company and 39 filed against it. 4 are pending. Most are in the high courts.
Lemon Tree Hotels was incorporated on 02 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Haryana.
Lemon Tree Hotels has 32 deals on record (23 market trades, 5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹931.23 Cr; the latest was in April 2026.
Kapil Sharma was appointed as Whole-Time Director on 01 Oct 2025. Neelendra Singh was appointed as Managing Director on 01 Oct 2025. Rashi Goel ceased to be Company Secretary on 07 Mar 2025. Lemon Tree Hotels has 41 board changes on record in total.