Lemon Tree Hotels Ltd

With the latest additions, the company will have 32 properties in the state, comprising 15 operational hotels and 17 properties under development, including the two newly signed resorts. Both properties will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels. The company said the twin signings reflect its focus on high-growth micro-markets that are emerging as preferred drive-to destinations for leisure and corporate travellers from Mumbai, Navi Mumbai, Thane and Pune. Lemon Tree Resort, Tadgaon will feature 110 rooms along with a restaurant, banquet hall, meeting and conference facilities, swimming pool, spa and fitness centre. The property is located around 75 km from Navi Mumbai International Airport and 100 km from Mumbai Central railway station. Meanwhile, Lemon Tree Resort, Igatpuri will offer 90 rooms and amenities including a restaurant, banquet hall, meeting and conference facilities, swimming pool, spa and fitness centre. The resort is situated about 134 km from Mumbai International Airport and 5.6 km from Igatpuri railway station. The expansion comes as hospitality companies continue to strengthen their footprint in emerging leisure markets, driven by growing demand for short-haul tourism and corporate offsite travel. Vishvapreet Singh Cheema, President, Lemon Tree Hotels Ltd, Our expansion strategy with resorts in Tadgaon and Igatpuri in Maharashtra is deeply aligned with the evolving dynamics of the drive-to hospitality sector. Urban travellers and corporate houses are increasingly prioritizing accessible, high-amenity destinations that don't require complex logistics. By introducing the Lemon Tree Resort brand to these two distinct, premium micro-markets, we are uniquely positioned to capture a highly lucrative mix of weekend leisure, multi-generational travel, and mid-to-high-level corporate retreats. Lemon Tree Hotels (LTHL) is one of the largest hotel chains in India and owns/leases/operates/franchises hotels across the upscale, upper-midscale, midscale, and economy segments. The group offers seven brands to meet guests' needs across all levels, viz., Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels, and Keys Lite by Lemon Tree Hotels. The company reported an 8.09% rise in consolidated net profit to Rs 91.49 crore in Q4 FY26, compared with Rs 84.64 crore posted in the corresponding quarter last year. Revenue from operations increased 10% year-on-year to Rs 416.40 crore during the quarter ended 31 March 2026. Powered by Capital Market - Live

The property, Lemon Tree Hotel, Sri Ganganagar, is managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels. With this launch, the company's portfolio in Rajasthan has expanded to 23 hotels. Located in the northernmost part of Rajasthan, Sri Ganganagar is known for its agricultural prosperity and serves as an important commercial hub. The city also attracts visitors to nearby cultural and religious destinations, including Balaji Dham, Gauri Shankar Temple, Budha Johad Gurudwara, and the Hindu Malkot border. The hotel features 68 rooms and suites and offers amenities such as an all-day dining restaurant, a terrace bar, banquet and meeting facilities, a spa, a swimming pool, and a fitness centre. The property is situated about 8 km from Sri Ganganagar Junction railway station and approximately 122 km from Bathinda Airport. The latest addition is in line with Lemon Tree Hotels' strategy of expanding its presence across key business and leisure destinations in India. Commenting on the new opening, Vishvapreet Singh Cheema, President, Lemon Tree Hotels, said, 'Sri Ganganagar is one of Rajasthan's most prosperous commercial and agricultural hubs, drawing a consistent influx of business and traderelated travel. With the launch of Lemon Tree Hotel, Sri Ganganagar, we are introducing our signature comfort, quality, and warm hospitality to a high-potential market that has historically been underserved by organized hospitality. This opening marks our 13th operational hotel in Rajasthan, with 10 additional hotels in the pipeline across the state, reflecting our commitment to expanding across high-potential Tier-II and Tier-III markets.' Lemon Tree Hotels (LTHL) is one of the largest hotel chains in India and owns/leases/operates/franchises hotels across the upscale, upper-midscale, midscale, and economy segments. The group offers seven brands to meet guests' needs across all levels, viz., Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels, and Keys Lite by Lemon Tree Hotels. The company reported an 8.09% rise in consolidated net profit to Rs 91.49 crore in Q4 FY26, compared with Rs 84.64 crore posted in the corresponding quarter last year. Revenue from operations increased 10% year-on-year to Rs 416.40 crore during the quarter ended 31 March 2026. Powered by Capital Market - Live

The upcoming hotel will feature 88 well-appointed rooms, a restaurant, banquet and conference facilities, a fitness centre, and modern public spaces catering to both business and leisure travellers. With this signing, the company's portfolio in Rajasthan has expanded to 23 properties, comprising 13 operational hotels and 10 upcoming projects, marking another milestone in its regional growth strategy. Neelendra Singh, managing director, Lemon Tree Hotels, said: 'Scaling our footprint to six hotels in the Pink City reflects a deliberate strategy of building strong regional clusters in high-potential markets and reinforces our growing network across Rajasthan. The introduction of Keys Prima in Jaipur broadens our brand portfolio in the city with a distinct, upper-midscale lifestyle offering. Designed for India's evolving class of experience-conscious yet value-driven travellers, it brings together contemporary rooms and vibrant interiors with thoughtful service and curated social spaces. This multi-brand presence allows us to cater to the full spectrum within Jaipur's diverse travel ecosystem.' Meanwhile, the company's board approved the appointment of Kartikeya Kumar Singh as chief digital and transformation officer with effect from 8 June 2026. Lemon Tree Hotels (LTHL) is one of the largest hotel chains in India and owns/leases/operates/franchises hotels across the upscale, upper-midscale, midscale, and economy segments. The group offers seven brands to meet guests' needs across all levels, viz., Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels, and Keys Lite by Lemon Tree Hotels. The company reported an 8.09% rise in consolidated net profit to Rs 91.49 crore in Q4 FY26, compared with Rs 84.64 crore posted in the corresponding quarter last year. Revenue from operations increased 10% year-on-year to Rs 416.40 crore during the quarter ended 31 March 2026. The counter declined 2.55% to settle at Rs 107.05 on the BSE.Powered by Capital Market - Live

Lemon Tree Hotels announced the signing of Keys Prima by Lemon Tree Hotels, Jaipur in Rajasthan. The property will be operated under a franchise agreement, further expanding the group's robust pipeline across the region. The hotel will feature 88 well-appointed rooms, a restaurant, banquet and conference facilities, a fitness centre, and modern public spaces catering to both business and leisure travellers.

Revenue from operations increased 10% year-on-year to Rs 416.40 crore during the quarter ended 31 March 2026. Profit before exceptional items and tax surged 17.40% to Rs 143.53 crore in Q4 FY26 from Rs 122.25 crore recorded in the same quarter a year ago. The company also reported exceptional items worth Rs 1.93 crore during the period. EBITDA stood at Rs 218.3 crore in the March quarter, registering a 6.48% year-on-year growth. However, EBITDA margin declined to 52% from 54% in Q4 FY25. Operationally, the company reported strong growth in room metrics. Gross average revenue per room (ARR) rose 5.89% YoY to Rs 7,457, while occupancy improved to 78.5% compared with 77.6% in the year-ago quarter. Revenue per available room (RevPAR) increased 7.19% to Rs 5,855 in Q4 FY26. For the full financial year FY26, Lemon Tree Hotels posted a 15.52% rise in consolidated net profit to Rs 227.10 crore, while revenue from operations climbed 12.31% to Rs 1,444.50 crore. Patanjali Keswani, Executive Chairman, Lemon Tree Hotels, said, Despite intermittent global headwinds, including renewed geopolitical tensions in the Middle East, aviation disruptions and GST changes during the year, FY26 was the best year in Lemon Tree's history across occupancy, ARR, revenue, EBITDA, PBT, PAT and cash profit, and Q4 FY26 was our best ever fourth quarter on the same parameters. In FY26, our margins were impacted by 580 basis points due to a significant step-up in renovation expenditure as we invest in upgrading our owned hotel portfolio, investments in technology and the GST-related change that came into effect during the year, which only had a half-year impact in FY26 and will have a full-year impact going forward. This GST impact will decrease year on year as the numbers of customers paying a rate below Rs 7,500 keep reducing in the medium term with our price hikes / ARR growth. Additionally, all our current future supply is being planned under the upper upscale Aurika brand, which remains largely unaffected by this change. We expect all these 3 expense heads to reduce to ~3.7% of revenue by FY28 and onwards, leading to a corresponding expansion in EBITDA margins. On debt, we have brought our total borrowings down to Rs 1,500 crore from Rs 1,699 crore vs a year ago, and our cost of debt has fallen to 7.42%, down 115 basis points vs a year ago. Our combined operational and signed pipeline inventory now stands at 22,581 rooms across 268 hotels of which 131 hotels with 11,811 rooms are already operational. In FY26, on the asset-light side we opened 20 managed and franchised hotels with 1,523 rooms and signed 55 managed and franchised hotels with 4,912 rooms. Fees from management and franchised contracts for third-party-owned hotels stood at Rs 73.9 crore in FY26, an increase of 23% year on year. Fees from Fleur Hotels stood at Rs 95.8 crore in FY26, an increase of 8% year on year, which was partially subdued due to the impact of the GST change and accelerated renovation in the Fleur portfolio. Total management fees for Lemon Tree stood at Rs 169.7 crore in FY26, an increase of 14% year on year. Lastly, the Indian hospitality market continues to be in a favourable structural position, demand is consistently outpacing supply in the mid-market segment, which is exactly where we operate. Lemon Tree Hotels (LTHL) is one of the largest hotel chains in India and owns/leases/operates/franchises hotels across the upscale, upper-midscale, midscale, and economy segments. The group offers seven brands to meet guests' needs across all levels, viz., Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels, and Keys Lite by Lemon Tree Hotels. The counter shed 0.25% to Rs 119.25 on the BSE. Powered by Capital Market - Live

Lemon Tree Hotels will hold a meeting of the Board of Directors of the Company on 28 May 2026.

Lemon Tree Hotels announced the official opening of  Lemon Tree Hotel, Bhubaneswar featuring 65 well-appointed rooms, Citrus Caf', a multi-cuisine coffee shop, Pool Bar & Grill, banquet and conference spaces along with a swimming pool and fitness center. Commenting on the launch,  Vishvapreet Singh Cheema, President, Lemon Tree Hotels said, 'Bhubaneswar has rapidly evolved into a multi-dimensional growth hub, where a thriving IT sector, specialized healthcare, and a premier educational ecosystem converge. The launch of our second property here is a strategic response to this diversified demand, positioning our hotel at the heart of the city's most active commercial and medical districts. By anchoring ourselves in Bharatpur, we are providing high-quality, organized hospitality to a resilient mix of travellers who are driving Odisha's economic transformation.'

Lemon Tree Hotels has launches its latest property, Keys Select by Lemon Tree Hotels, Amritsar. The hotel is located in the heart of the Golden City, offering convenient access to Amritsar's most iconic sites, including the Golden Temple and Jallianwala Bagh, both within walking distance. Positioned to cater to the city's strong pilgrimage and leisure demand, the property also offers seamless connectivity, situated approximately 2.5 km from Amritsar Railway Station and 13 km from Sri Guru Ram Dass Jee International Airport.

Both the properties shall be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited. Lemon Tree Premier, Raipur, will feature 78 well-appointed rooms, designed with a contemporary aesthetic and focus on comfort. The hotel will offer a multi-cuisine restaurant, banquet hall, and conference room, along with a swimming pool, spa, and a fitness center, delivering a well-rounded guest experience. It is conveniently located approximately 7 km from Swami Vivekananda Airport and 9 km from Raipur Railway Station. Lemon Tree Hotel, Jalandhar, will offer 60 well-appointed rooms, complemented by a restaurant, banquet hall, conference room, and other recreational amenities, including a swimming pool, spa, and fitness center. The property is strategically located, approximately 25 km from Adampur Airport and just 2 km from Jalandhar Cantt. Railway Station, ensuring seamless connectivity for travelers. Vishvapreet Singh Cheema, president of Lemon Tree Hotels, commented, 'Raipur and Jalandhar represent two distinct but equally compelling growth stories within India's evolving travel landscape. Raipur's ascent as a key industrial and administrative center is driving consistent, year-round demand, while Jalandhar's manufacturing base and strong diaspora connections continue to drive high-frequency travel. These signings reflect our focus on strengthening our presence in markets where demand is both visible and enduring, anchored in the reliability and trust that define the Lemon Tree Hotels brand.' Lemon Tree Hotels (LTHL) is one of the largest hotel chains in India and owns/leases/operates/franchises hotels across the upscale, upper-midscale, midscale, and economy segments. The group offers seven brands to meet guests' needs across all levels, viz., Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels, and Keys Lite by Lemon Tree Hotels. The company reported a 2.5% rise in consolidated net profit to Rs 81.83 crore, while revenue from operations increased 14.3% to Rs 406.05 crore in Q3 FY26 over Q3 FY25. Shares of Lemon Tree Hotels (LTHL) shed 0.81% to Rs 121.70 on the BSE.

PNB Housing Finance Ltd, Ramkrishna Forgings Ltd, Five-Star Business Finance Ltd, OneSource Specialty Pharma Ltd are among the other stocks to see a surge in volumes on NSE today, 21 April 2026.Lemon Tree Hotels Ltd witnessed volume of 1010.41 lakh shares by 14:14 IST on NSE, a 22.82 times surge over two-week average daily volume of 44.28 lakh shares. The stock increased 8.33% to Rs.122.55. Volumes stood at 50.42 lakh shares in the last session.PNB Housing Finance Ltd registered volume of 185.48 lakh shares by 14:14 IST on NSE, a 14.8 fold spurt over two-week average daily volume of 12.53 lakh shares. The stock rose 8.04% to Rs.979.65. Volumes stood at 15.26 lakh shares in the last session.Ramkrishna Forgings Ltd recorded volume of 29.89 lakh shares by 14:14 IST on NSE, a 9.05 times surge over two-week average daily volume of 3.30 lakh shares. The stock gained 4.51% to Rs.553.85. Volumes stood at 2.91 lakh shares in the last session.Five-Star Business Finance Ltd saw volume of 111.43 lakh shares by 14:14 IST on NSE, a 7.08 fold spurt over two-week average daily volume of 15.73 lakh shares. The stock increased 7.92% to Rs.507.70. Volumes stood at 9.95 lakh shares in the last session.OneSource Specialty Pharma Ltd notched up volume of 38.68 lakh shares by 14:14 IST on NSE, a 6.02 fold spurt over two-week average daily volume of 6.43 lakh shares. The stock rose 0.02% to Rs.1,549.50. Volumes stood at 4.96 lakh shares in the last session.