Lemon Tree Hotels Limited — Investor Meet, 19-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Lemon Tree Hotels posted Q2 FY26 revenue of Rs. 308 Cr (+8% YoY) and PAT of Rs. 41.9 Cr (+20% YoY). Net EBITDA grew 1% to Rs. 132.4 Cr (43% margin), affected by heavy renovation, tech investments, and a Rs. 20 Cr ex-gratia payment. The company has renovated 3,000 rooms, expecting these costs to stabilize and boost future EBITDA margins to 59% by FY28.

Management is positive on H2, anticipating mid-teens RevPAR growth. They added 1,138 rooms to the pipeline via 15 new contracts and secured land for a 500-550 room Aurika in Nehru Place. The strategy emphasizes asset-light expansion and leveraging renovated properties for strong returns.