Lemon Tree Hotels Limited (BOM: 541233)

Lemon Tree Hotels Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	425.53	336.44	236.82	542.86	1,275	408.17
Short-Term Investments	43.07	203.31	37.97	-	136.85	38.91
Trading Asset Securities	-	80.91	9.97	59.47	9.11	44.14
Cash & Short-Term Investments	468.61	620.67	284.76	602.33	1,421	491.22
Cash Growth	85.03%	117.96%	-52.72%	-57.60%	189.18%	-18.24%
Accounts Receivable	725.83	716.18	562.71	304.15	317.67	504.46
Other Receivables	-	53.98	23.48	5.1	14.04	0.33
Receivables	725.83	770.16	586.19	309.25	331.7	504.78
Inventory	156.05	138.36	105.22	81.23	72.25	82.18
Prepaid Expenses	-	129.68	101.37	75.42	78.42	73.32
Other Current Assets	802.73	394.53	282.82	241.57	399.41	321.44
Total Current Assets	2,153	2,053	1,360	1,310	2,302	1,473
Property, Plant & Equipment	34,906	35,315	33,250	32,358	33,209	33,773
Long-Term Investments	55.12	52.4	45.39	36.71	46.31	95.95
Goodwill	950.84	950.84	950.84	950.84	950.84	950.85
Other Intangible Assets	456.01	399.98	194.31	169.77	195.27	243.15
Long-Term Deferred Tax Assets	310.79	358.29	364.73	460.76	403.65	43.85
Other Long-Term Assets	1,466	1,198	1,155	1,060	1,069	1,036
Total Assets	40,300	40,330	37,323	36,350	38,185	37,628
Accounts Payable	957.83	858.84	667.97	585.11	774.04	842.2
Accrued Expenses	-	232.57	249.19	302.27	107.18	291.6
Short-Term Debt	-	35.76	576.56	362.02	634.65	823.93
Current Portion of Long-Term Debt	2,267	2,099	1,708	1,097	1,122	442.77
Current Portion of Leases	57.96	43.84	58.35	45.81	71.23	7.75
Current Unearned Revenue	-	3.54	3.21	2.14	1.72	1.58
Other Current Liabilities	527.48	317.57	438.05	138.73	252.66	618.31
Total Current Liabilities	3,810	3,591	3,701	2,533	2,963	3,028
Long-Term Debt	15,960	16,767	15,174	15,535	15,135	14,509
Long-Term Leases	4,420	4,423	4,253	4,247	4,671	4,619
Long-Term Deferred Tax Liabilities	60.96	52.78	35.82	20.05	36.96	-
Total Liabilities	24,285	24,866	23,189	22,362	22,836	22,180
Common Stock	7,918	7,918	7,916	7,908	7,904	7,903
Additional Paid-In Capital	-	1,057	1,054	1,045	1,041	1,039
Retained Earnings	-	-893.89	-2,379	-3,524	-2,648	-1,378
Comprehensive Income & Other	2,244	1,587	1,946	2,884	2,879	2,325
Total Common Equity	10,163	9,669	8,537	8,312	9,176	9,889
Minority Interest	5,852	5,795	5,597	5,676	6,174	5,559
Shareholders' Equity	16,015	15,464	14,134	13,989	15,350	15,448
Total Liabilities & Equity	40,300	40,330	37,323	36,350	38,185	37,628
Total Debt	22,704	23,369	21,770	21,287	21,634	20,402
Net Cash (Debt)	-22,236	-22,748	-21,485	-20,685	-20,213	-19,911
Net Cash Per Share	-28.04	-28.73	-27.15	-26.16	-25.59	-25.21
Filing Date Shares Outstanding	791.85	791.85	791.61	790.81	790.42	790.31
Total Common Shares Outstanding	791.85	791.85	791.61	790.81	790.42	790.31
Working Capital	-1,657	-1,538	-2,341	-1,223	-661.1	-1,555
Book Value Per Share	12.83	12.21	10.78	10.51	11.61	12.51
Tangible Book Value	8,756	8,318	7,392	7,192	8,030	8,695
Tangible Book Value Per Share	11.06	10.50	9.34	9.09	10.16	11.00
Land	-	5,013	5,013	5,013	5,013	5,049
Buildings	-	24,162	19,114	19,110	18,993	18,956
Machinery	-	7,217	5,046	4,941	4,884	4,852
Construction In Progress	-	248.42	4,691	2,946	2,418	1,896

Source: S&P Capital IQ. Standard template. Financial Sources.