*Lemon Tree Hotels Ltd.* | *CMP* Rs. 52 | *M Cap* Rs. 4155 Cr | *52 W H/L* 58/27
(Nirmal Bang Retail Research)
*Result ahead of expectation*
Revenue from Operations came at Rs. 96.9 Cr (129.9% QoQ, 103.6% YoY) vs expectation of Rs. 85.6 Cr, QoQ Rs. 42.2 Cr, YoY Rs. 47.6 Cr
EBIDTA came at Rs. 33.9 Cr (-43520.4% QoQ, 307.7% YoY) vs expectation of Rs. 23.9 Cr, QoQ Rs. -0.1 Cr, YoY Rs. 8.3 Cr
EBITDA Margin came at 35% vs expectation of 27.9%, QoQ -0.2%, YoY 17.5%
Adj. PAT came at Rs. -20.8 Cr vs expectation of Rs. -27.1 Cr, QoQ Rs. -40.1 Cr, YoY Rs. -37.1 Cr
Quarter EPS is Rs. -0.3
Share is trading at P/E of -46.2x FY22E EPS