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LEMONTREE - Fundamental Analysis: Financial Health & Valuation

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Rating: 2.9

Last Updated Time : 25 May 26, 01:36 am

Fundamental Rating: 2.9

Stock Code LEMONTREE Market Cap 8,990 Cr. Current Price 114 ₹ High / Low 181 ₹
Stock P/E 77.9 Book Value 16.4 ₹ Dividend Yield 0.00 % ROCE 11.2 %
ROE 8.33 % Face Value 10.0 ₹ DMA 50 116 ₹ DMA 200 132 ₹
Chg in FII Hold 0.09 % Chg in DII Hold -3.78 % PAT Qtr 36.4 Cr. PAT Prev Qtr 22.6 Cr.
RSI 47.5 MACD -1.05 Volume 16,79,889 Avg Vol 1Wk 22,40,151
Low price 99.6 ₹ High price 181 ₹ PEG Ratio 0.77 Debt to equity 0.28
52w Index 17.1 % Qtr Profit Var 27.8 % EPS 1.29 ₹ Industry PE 27.2

📊 Core Financials: Lemon Tree Hotels posted quarterly PAT of ₹36.4 Cr (up from ₹22.6 Cr), showing healthy growth. ROE at 8.33% and ROCE at 11.2% reflect moderate efficiency. Debt-to-equity ratio of 0.28 is manageable, indicating controlled leverage. EPS at ₹1.29 remains low relative to market cap, highlighting limited profitability.

💹 Valuation Indicators: Stock P/E of 77.9 is significantly higher than industry average (27.2), suggesting overvaluation. Book value at ₹16.4 vs CMP ₹114 shows a steep premium. PEG ratio of 0.77 indicates some earnings growth potential, but intrinsic value appears lower than CMP, limiting upside.

🏨 Business Model & Advantage: Lemon Tree operates in mid-market hospitality, focusing on affordable yet quality hotels. Competitive advantage lies in brand recognition, wide presence, and cost-efficient operations. However, profitability remains modest compared to luxury peers.

📈 Entry Zone & Holding Guidance: The stock trades near DMA 50 (₹116) and below DMA 200 (₹132), showing weakness. RSI at 47.5 indicates neutral momentum. A better entry zone would be closer to ₹100–₹105. Long-term holding may be viable if industry recovery sustains, but valuations demand caution.

Positive

  • ✅ Strong quarterly PAT growth (₹22.6 Cr → ₹36.4 Cr)
  • ✅ Manageable debt-to-equity ratio (0.28)
  • ✅ Expanding presence in mid-market hospitality segment

Limitation

  • ⚠️ High P/E (77.9) vs industry average (27.2)
  • ⚠️ Low EPS (₹1.29), limited profitability
  • ⚠️ Weak ROE (8.33%) and ROCE (11.2%) efficiency

Company Negative News

  • 📉 DII holding decreased by 3.78%, showing reduced domestic institutional confidence

Company Positive News

  • 📈 Quarterly profit growth of 27.8% indicates operational improvement
  • 📈 FII holding increased slightly (+0.09%), showing marginal foreign interest

Industry

  • 🌐 Hospitality industry PE at 27.2, reflecting moderate valuations
  • 🌐 Industry recovery driven by tourism and mid-market demand

Conclusion

🔎 Lemon Tree Hotels shows improving profitability and controlled debt, but valuations are stretched with weak efficiency metrics. Entry near ₹100–₹105 could be considered for better risk-reward. Long-term investors may hold cautiously, while new investors should wait for correction before buying.

For deeper insights, you could explore a peer comparison or a valuation analysis to assess its position against competitors and intrinsic value.

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