Company Update : Lemon Tree Hotel Ltd By Motilal Oswal Financial Services Ltd

Operating performance beats estimate
? LEMONTREE’s revenue grew 16% YoY and 7% QoQ to INR3.8b (est. in line). ? EBITDA grew 19% YoY and 11% QoQ to ~INR2b (est. INR1.9b). ? EBITDA margin expanded 150bp/200bp YoY/QoQ to 53.9% (est. 52.2%). ? Adj. PAT grew 26% YoY and 35% QoQ to INR846m (est. INR635m), led by a low effective tax rate of 11.5% (est. 23.8%). ? For FY25, Revenue/EBITDA/Adj. PAT grew 21%/23%/32% YoY to INR13b/INR6b/INR2b. ? Gross debt/CFO stood at INR17b/INR5.4b vs. INR19b/INR4.7b.
For More Research Reports : Click Here
For More Motilal Oswal Securities Ltd Disclaimer
http://www.motilaloswal.com/MOSLdisclaimer/disclaimer.html
SEBI Registration number is INH000000412









