Indian Hotels Co. vs Lemon Tree Hotels: share price, P/E, ROE and financials compared
Indian Hotels Co.
Lemon Tree Hotels
Indian Hotels Co. and Lemon Tree Hotels at a glance
Indian Hotels Co. and Lemon Tree Hotels are both listed in Consumer Services. Indian Hotels Co. is the larger by market cap, at ₹1.3L Cr against ₹9,295 Cr for Lemon Tree Hotels (13.6 times as large). On valuation, Lemon Tree Hotels has the lower P/E (39.5× against 57.2×) and the lower price-to-book (6.16× against 9.27×). On returns and margins, Indian Hotels Co. has the higher ROCE (17.4% against 13.5%), while Lemon Tree Hotels has the higher ROE (17.8% against 16.5%) and the higher operating margin (47.5% against 32.9%). Over three years, Indian Hotels Co. has faster 3-year sales growth (+18.6% against +16.3% a year) and faster 3-year profit growth (+27.6% against +25.6% a year). Indian Hotels Co. carries less debt for its equity, with a debt-to-equity of 0.22× against 0.96×.
Key metrics, side by side
| Metric | Indian Hotels Co.INDHOTEL | Lemon Tree HotelsLEMONTREE |
|---|---|---|
| Price (₹) | 888.00 | 117.39 |
| Market cap (₹ Cr) | 1,26,401 | 9,295 |
| P/E | 57.2× | 39.5× (the lower figure, shaded) |
| P/B | 9.27× | 6.16× (the lower figure, shaded) |
| Dividend yield, trailing | 0.37% (the higher figure, shaded) | 0.00% |
| ROE | 16.5% | 17.8% (the higher figure, shaded) |
| ROCE | 17.4% (the higher figure, shaded) | 13.5% |
| Operating margin (OPM) | 32.9% | 47.5% (the higher figure, shaded) |
| Net margin (NPM) | 20.6% (the higher figure, shaded) | 15.8% |
| Sales CAGR 3Y | +18.6% (the higher figure, shaded) | +16.3% |
| Profit CAGR 3Y | +27.6% (the higher figure, shaded) | +25.6% |
| Debt to equity | 0.22× (the lower figure, shaded) | 0.96× |
| Interest cover | 14.2× (the higher figure, shaded) | 3.1× |
| Net profit TTM (₹ Cr) | 2,210 | 235 |
| 1Y return | +17.7% (the higher figure, shaded) | −30.0% |
| Promoter holding | 38.12% | 22.32% |
Indian Hotels Co. vs Lemon Tree Hotels: common questions
Which is bigger, Indian Hotels Co. or Lemon Tree Hotels?
By market cap, Indian Hotels Co. is bigger at ₹1.3L Cr, against ₹9,295 Cr for Lemon Tree Hotels (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹2,210 Cr for Indian Hotels Co. and ₹235 Cr for Lemon Tree Hotels.
Which has a lower P/E ratio, Indian Hotels Co. or Lemon Tree Hotels?
Indian Hotels Co. trades at a P/E of 57.2× and Lemon Tree Hotels at 39.5×. Lemon Tree Hotels has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Indian Hotels Co. or Lemon Tree Hotels?
Indian Hotels Co. reports a return on equity of 16.5% and Lemon Tree Hotels 17.8%. Lemon Tree Hotels has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Indian Hotels Co. or Lemon Tree Hotels?
Over the last three years: Sales grew +18.6% a year at Indian Hotels Co. and +16.3% at Lemon Tree Hotels, so Indian Hotels Co. grew sales faster; profit grew +27.6% a year at Indian Hotels Co. and +25.6% at Lemon Tree Hotels, so Indian Hotels Co. grew profit faster. Past growth doesn’t predict future growth.