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Lemon Tree Hotels announced Financial Results Q1 2024

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 10.84 % in the past year, decrease in net sales/revenue by -19.09 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 0.5 %. Marginal decrease of -96.69% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Lemon Tree Hotels Limited. Notable increase of 20.03 % in net profit Year to Year, Lemon Tree Hotels Limited’s profitability dropped by -52.86 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 16.67 % Year to Year. EPS decreased by -53.33 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Lemon Tree Hotels Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 74.747 Cr Rs. 102.395 Cr Rs. 82.847 Cr -19.09 % + 10.84 %
Expenses Rs. 38.44 Cr Rs. 42.69 Cr Rs. 44.44 Cr + 4.1 % + 15.61 %
Operating Profit Rs. 36.31 Cr Rs. 59.71 Cr Rs. 38.41 Cr -35.67 % + 5.78 %
OPM % 48.58 % 58.31 % 46.36 % -11.95 % -2.22 %
Other Income Rs. 0.201 Cr Rs. 6.097 Cr Rs. 0.202 Cr -96.69 % + 0.5 %
Interest Rs. 11.63 Cr Rs. 10.57 Cr Rs. 9.91 Cr -6.24 % -14.79 %
Depreciation Rs. 5.26 Cr Rs. 5.16 Cr Rs. 4.96 Cr -3.88 % -5.7 %
Profit before tax Rs. 19.62 Cr Rs. 50.08 Cr Rs. 23.74 Cr -52.6 % + 21 %
Tax % 29.21 % 29.39 % 29.78 % + 0.39 % + 0.57 %
Net Profit Rs. 13.89 Cr Rs. 35.36 Cr Rs. 16.67 Cr -52.86 % + 20.01 %
EPS in Rs Rs. 0.18 Rs. 0.45 Rs. 0.21 -53.33 % + 16.67 %


Today, we’re looking at Lemon Tree Hotels Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 10.84 %. However, it did see a marginal slip of -19.09 % from the previous quarter. Expenses ticked up slightly by 4.1 % quarter-on-quarter, aligning with the annual rise of 15.61 %. Operating profit, while up 5.78 % compared to last year, faced a quarter-on-quarter dip of -35.67 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.22 %, but a shrinkage of -11.95 % sequentially. Other income fell by -96.69 % compared to the last quarter, despite an annual growth of 0.5 %. Interest expenses dropped significantly by -6.24 % from the previous quarter, yet the year-over-year decrease remains at a moderate -14.79 %. Depreciation costs fell by -3.88 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -5.7 %. Profit before tax grew annually by 21 % but saw a reduction from the preceding quarter by -52.6 %.
Tax expenses as a percentage of profits increased slightly by 0.57 % compared to last year, with a more notable quarter-on-quarter increase of 0.39 %. Net profit rose by 20.01 % year-on-year but witnessed a -52.86 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 16.67 % but a quarterly fall of -53.33 %. In summary, Lemon Tree Hotels Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 74.747 Cr Rs. 102.395 Cr Rs. 82.847 Cr -19.09 % + 10.84 %
Expenses Rs. 38.44 Cr Rs. 42.69 Cr Rs. 44.44 Cr + 4.1 % + 15.61 %
Operating Profit Rs. 36.31 Cr Rs. 59.71 Cr Rs. 38.41 Cr -35.67 % + 5.78 %
Net Profit Rs. 13.89 Cr Rs. 35.36 Cr Rs. 16.67 Cr -52.86 % + 20.01 %
EPS in Rs Rs. 0.18 Rs. 0.45 Rs. 0.21 -53.33 % + 16.67 %


In reviewing Lemon Tree Hotels Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.84 % year-on-year growth, although there was a slight dip of -19.09 % from the previous quarter. Expenses rose by 15.61 % compared to the previous year, with a 4.1 % increase quarter-on-quarter. Operating Profit surged by 5.78 % annually, and saw a -35.67 % decrease from the last quarter.
Net Profit showed yearly increase of 20.01 %, and experienced a -52.86 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 16.67 % annually, however dipped by -53.33 % compared to the last quarter. In essence, while Lemon Tree Hotels Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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