Lemon Tree Hotels Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 3244.25 Crore) operating in Tourism & Hospitality sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 72.73 Crore, up 35.67 % from last quarter Total Income of Rs 53.61 Crore and down -64.13 % from last year same quarter Total Income of Rs 202.80 Crore. Company reported net profit after tax of Rs -45.66 Crore in latest quarter.
Investment Rationale
RevPAR was up 25% QoQ to INR1,073 in 3QFY21, led by a 10pp improvement in occupancy to 42.4% (ARR de-grew 5% QoQ)
Promoter/FII Holdings
Promoters held 31.1 per cent stake in the company as of Sept 30, 2020, while FIIs held 18.5 per cent, DIIs 16.3 per cent and public and others 34.1 per cent.
