$LEMONTREE Hotels Share Price in Focus: Nuvama maintains buy call on BSE 500 company - 5 reasons why

Lemon Tree Hotels Share Price in Focus: Lemon Tree Hotels Limited (LTHL, one of the largest hotel chains in India, that owns, leases, operates, and franchises hotels across the upscale, upper-midscale, midscale and economy segments) reported a strong Q4 performance, with revenue rising 29.5 per cent year-on-year to Rs 327 crore from Rs 253 crore, while EBITDA increased 23.9 per cent to Rs 260 crore from Rs 210 crore. The company’s profit after tax (PAT) surged 42.3 per cent to Rs 84 crore from Rs 59 crore, although EBITDA margin declined by 363 basis points to 79.5 per cent from 83.1 per cent in the corresponding quarter last year. Here’s why brokerage is bullish on the BSE 500 company.