Lemon Tree Hotels Limited (LEMONTREE) Earnings Call Transcripts

Lemon Tree Hotels Limited's Latest Earnings Call - Q4 FY2026

In Q4 and FY '26, Lemon Tree Hotels Limited reported record financial performance, with total revenue reaching INR 1,452.7 crores, up 13% YoY. The company achieved a net profit of INR 288.3 crores, reflecting a 19% increase. Management highlighted that FY '26 was the best year in the company's history across key metrics, including occupancy and average room rate (ARR). Despite challenges such as geopolitical tensions and GST changes, management maintained a positive outlook, indicating that the company is well-positioned for future growth, especially post-demerger with Fleur Hotels.

Reported metrics

Guidance from management

Management expects to improve EBITDA margins significantly as renovation expenses decrease and revenue grows. They anticipate a reduction in key expense heads to approximately 3.7% of revenue by FY '28.

What management said

Thank you very much. Good afternoon, everyone, and thank you for joining us today. Neel, the new Managing Director of Lemon Tree Hotels will be covering the business highlights and financial performance for Q4 and full year '26. Post which, Saurabh, the Managing Director of Fleur Hotels, who will share an update on Fleur's business development. And lastly, I will then share an update on the demerger scheme, which we...

No. I don't want to give guidance. What you can do is look back, okay, let's give a number, how many hotel rooms do you -- look, this becomes guidance. And if there is a slippage tomorrow, you will correctly ask why did you say this. But we expect broadly to open, how many rooms this year?

What analysts pressed on

Analysts raised concerns about the impact of geopolitical tensions on occupancy and revenue growth, particularly in the context of corporate travel reductions. There were also questions regarding the pace of hotel openings relative to signings and the potential for slippage in future growth targets.

Main topics on the call

• Record Financial Performance — Lemon Tree Hotels achieved its best-ever financial results in FY '26, with total revenue of INR 1,452.7 crores, up 13% YoY. Management stated, "FY '26 was the best year in Lemon Tree's history across occupancy, ARR, reve...
• Impact of Renovation Expenses — Management noted that net EBITDA margins contracted to 48.1% in FY '26, impacted by a significant increase in renovation expenditures. They stated, "In FY '26, our margins were impacted by 580 basis points due to signifi...
• Demerger Update — The demerger scheme is progressing, with management indicating that post-demerger, Lemon Tree will operate as a debt-free, high-margin company. They emphasized, "Lemon Tree will emerge as a pure-play, asset-light company...
• Future Guidance on Margins — Management expects EBITDA margins to improve significantly post-renovation, projecting a reduction in renovation expenses to approximately 1.9% of revenue in FY '27. They indicated, "We expect all 3 expense heads to redu...

Read the full Lemon Tree Hotels Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 25 Lemon Tree Hotels Limited earnings call transcripts on record, spanning February 17, 2020 to August 10, 2026. Based on this history, Lemon Tree Hotels Limited reports quarterly. The most recent call on file is dated August 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

LEMONTREE

Exchange

NSEI

Country

IN

Sector

Consumer Discretionary

Industry

Hotels, Restaurants and Leisure

Calls on record

25

First call

February 17, 2020

Most recent

August 10, 2026

Reporting cadence

quarterly