Lemon Tree Hotels Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Patu Keswani

Chief executive officer

₹35.0m

Total compensation

CEO salary percentage	100.0%
CEO tenure	21.6yrs
CEO ownership	n/a
Management average tenure	3.5yrs
Board average tenure	6.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Patu Keswani's remuneration changed compared to Lemon Tree Hotels's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹1b
Sep 30 2023	n/a	n/a	₹1b
Jun 30 2023	n/a	n/a	₹1b
Mar 31 2023	₹35m	₹35m	₹1b
Dec 31 2022	n/a	n/a	₹460m
Sep 30 2022	n/a	n/a	₹41m
Jun 30 2022	n/a	n/a	-₹335m
Mar 31 2022	₹17m	₹17m	-₹874m
Dec 31 2021	n/a	n/a	-₹796m
Sep 30 2021	n/a	n/a	-₹1b
Jun 30 2021	n/a	n/a	-₹1b
Mar 31 2021	₹3m	₹3m	-₹1b
Dec 31 2020	n/a	n/a	-₹1b
Sep 30 2020	n/a	n/a	-₹847m
Jun 30 2020	n/a	n/a	-₹497m
Mar 31 2020	₹35m	₹35m	-₹95m
Dec 31 2019	n/a	n/a	₹408m
Sep 30 2019	n/a	n/a	₹411m
Jun 30 2019	n/a	n/a	₹489m
Mar 31 2019	₹34m	₹34m	₹529m
Dec 31 2018	n/a	n/a	₹317m
Sep 30 2018	n/a	n/a	₹282m
Jun 30 2018	n/a	n/a	₹188m
Mar 31 2018	₹27m	₹27m	₹142m

Compensation vs Market: Patu's total compensation ($USD419.74K) is about average for companies of similar size in the Indian market ($USD432.47K).

Compensation vs Earnings: Patu's compensation has increased by more than 20% in the past year.

CEO

Patu Keswani (64 yo)

21.6yrs

Tenure

₹34,993,000

Compensation

Mr. Patanjali Govind Keswani, also known as Patu serves as the Managing Director and Chairman of Lemon Tree Hotels Limited. Mr. Keswani has been with the Tata Group for most of his professional career and...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Patanjali Keswani	Chairman & MD	no data	₹34.99m	no data
Kapil Sharma	Executive VP & CFO	9.7yrs	₹9.19m	no data
Harleen Mehta	Senior Vice President of Sales	4.8yrs	₹13.87m	no data
Davander Tomar	Executive Vice President of Corporate Affairs	no data	₹8.59m	no data
Jagdish Chawla	Executive Vice President of Projects & Engineering Services	no data	₹11.31m	no data
Sareena Kochar	Senior Vice President of Housekeeping	2yrs	₹4.70m	no data
Ritu Ranjan	Senior VP & Chief Design Officer	7.7yrs	₹6.01m	no data
Ajai Kumar	Chief Information Officer	no data	no data	no data
Jyoti Verma	Company Secretary & Compliance Officer	less than a year	no data	no data
Akriti Bhandari	Director of Communications & Public Relations	less than a year	no data	no data
Rajesh Kumar	Senior Vice President of Human Resources	8.6yrs	₹3.58m	no data
Aradhana Lal	Senior Vice President of Sustainability & ESG	2.3yrs	₹2.88m	no data

3.5yrs

Average Tenure

57yo

Average Age

Experienced Management: 541233's management team is considered experienced (3.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Patanjali Keswani	Chairman & MD	21.6yrs	₹34.99m	no data
Niten Malhan	Lead Independent Director & Independent Non-Executive Vice Chairman	3.5yrs	₹150.00k	no data
Freyan Desai	Non-Executive Independent Director	6.9yrs	₹185.00k	no data
Aditya Keswani	Non-Executive Director	8.9yrs	no data	no data
Willem Hazeleger	Non-Executive Director	6.8yrs	no data	no data
Paramartha Saikia	Independent Non-Executive Director	6.9yrs	₹190.00k	0.017% ₹ 21.2m
Arindam Bhattacharya	Non-Executive Independent Director	5.1yrs	₹125.00k	0.017% ₹ 21.2m

6.9yrs

Average Tenure

61yo

Average Age

Experienced Board: 541233's board of directors are considered experienced (6.9 years average tenure).

Lemon Tree Hotels Management

Management criteria checks 3/4

Key information

Recent management updates

Lemon Tree Hotels Appoints Akriti Arora Bhandari as Director of Communications and Public Relations

Lemon Tree Hotels Limited Announces Resignation of Vikramjit Singh as President, Effective January 31, 2024

Lemon Tree Hotels Limited Appoints Jyoti Verma as Company Secretary and Compliance Officer of the Company, Effective from November 21, 2023

Lemon Tree Hotels Limited Announces Resignation of Nikhil Sethi from the Position of AVP Legal and Group Company Secretary and Compliance Officer, Effective October 31, 2023

Lemon Tree Hotels Limited, Annual General Meeting, Sep 27, 2023

Lemon Tree Hotels Limited Announces Re-Designation of Niten Malhan from Independent Director to Vice Chairman and Lead Independent Director

Recent updates

Lemon Tree Hotels Appoints Akriti Arora Bhandari as Director of Communications and Public Relations

Price target increased by 7.4% to ₹145

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Lemon Tree Hotels Limited to Report Q3, 2024 Results on Feb 06, 2024

Lemon Tree Hotels Limited Announces Resignation of Vikramjit Singh as President, Effective January 31, 2024

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Lemon Tree Hotels Limited Appoints Jyoti Verma as Company Secretary and Compliance Officer of the Company, Effective from November 21, 2023

Lemon Tree Hotels Limited to Report Q2, 2024 Results on Nov 09, 2023

Lemon Tree Hotels Limited Announces Resignation of Nikhil Sethi from the Position of AVP Legal and Group Company Secretary and Compliance Officer, Effective October 31, 2023

Lemon Tree Hotels Limited, Annual General Meeting, Sep 27, 2023

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Lemon Tree Hotels Limited to Report First Half, 2023 Results on Aug 10, 2023

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Lemon Tree Hotels Limited Announces Re-Designation of Niten Malhan from Independent Director to Vice Chairman and Lead Independent Director

Lemon Tree Hotels Limited to Report Q3, 2023 Results on Feb 10, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Insufficient new directors

Lemon Tree Hotels Limited to Report Q2, 2023 Results on Nov 11, 2022

Now 21% undervalued

Lemon Tree Hotels Limited Announces Management Changes

Lemon Tree Hotels Limited, Annual General Meeting, Sep 14, 2022

Now 23% undervalued

Price target increased to ₹76.55

First quarter 2023 earnings released: EPS: ₹0.18 (vs ₹0.51 loss in 1Q 2022)

Now 21% undervalued after recent price drop

Lemon Tree Hotels Limited to Report Q1, 2023 Results on Aug 02, 2022

Now 20% undervalued

Price target increased to ₹72.89

Insufficient new directors

Full year 2022 earnings: EPS and revenues miss analyst expectations

Lemon Tree Hotels Limited to Report Q4, 2022 Results on May 27, 2022

Insufficient new directors

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Insider recently sold ₹3.5m worth of stock

Price target increased to ₹55.18

Second quarter 2022 earnings released: ₹0.26 loss per share (vs ₹0.47 loss in 2Q 2021)

Insider recently sold ₹2.1m worth of stock

First quarter 2022 earnings released: ₹0.51 loss per share (vs ₹0.53 loss in 1Q 2021)

Full year 2021 earnings released: ₹1.61 loss per share (vs ₹0.12 loss in FY 2020)

Non-Executive Director has left the company

Insider recently sold ₹1.5m worth of stock

Third quarter 2021 earnings released: ₹0.40 loss per share (vs ₹0.15 profit in 3Q 2020)

Revenue and earnings miss expectations

Lemon Tree Hotels Limited to Report Q3, 2021 Results on Feb 09, 2021

Chairman & MD recently sold ₹373m worth of stock

Insider recently sold ₹18m worth of stock

Price target raised to ₹33.73

New 90-day high: ₹31.85

Revenue and earnings miss expectations

Second quarter 2021 earnings released: ₹0.47 loss per share

Lemon Tree Hotels Limited Appoints Mr. Niten Malhan as an Additional Non-Executive Independent Director

Lemon Tree Hotels Limited to Report Q2, 2021 Results on Nov 06, 2020

New 90-day high - ₹32.25

Earnings released

Lemon Tree Hotels Limited to Report Q1, 2021 Results on Aug 06, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age