EIH
EIH
Leisure ServicesKey Fundamentals
SmallcapHotels & ResortsLeisure ServicesTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
2- Company is almost debt free.
- Company has delivered good profit growth of 31.7% CAGR over last 5 years
Growth Rate
AI Analysis — Bull vs Bear
EIH Ltd, which operates the Oberoi and Trident hotel brands, has a market cap of about ₹18,398 Cr and trades at a P/E of 25 and a P/B of 3.53. The company is almost debt free, and profit grew at a 25% CAGR over 3 years and a 32% CAGR over 5 years. TTM profit, however, fell 8% while sales rose 8%, and the stock is down 21% over the past year.
- Profit grew at a 31.7% CAGR over the last 5 years and a 25% CAGR over 3 years, showing a strong earnings recovery after the pandemic.
- The company is almost debt free, which gives it balance-sheet room to fund expansion or ride out a demand slowdown without much interest burden.
- ROE has improved from a 10-year average of 8% to a 3-year average of 17%, which points to better capital efficiency in the recent cycle.
- Sales grew at a 13% CAGR over 3 years and are still growing at 8% on a TTM basis, so topline momentum continues.
- Over the long term, the stock has returned a 16% CAGR over 5 years and a 10% CAGR over 10 years, so shareholders have been rewarded across cycles despite the recent fall.
- The 21% share price decline over the past year has brought the P/E down to 25, a lower multiple than during the peak of the post-COVID hospitality rally.
- A dividend yield of 0.51% adds a small cash return on top of any capital appreciation.
- TTM profit fell 8% even though TTM sales grew 8%, which suggests margin compression from rising costs or a less favourable revenue mix.
- The stock has fallen 21% over the past year, which reflects weaker market sentiment toward the company's earnings path.
- The 43% 5-year sales CAGR is inflated by the COVID-hit base. The 10-year sales CAGR is only 6%, a more modest long-run growth rate.
- Last-year ROE of 14% is below the 3-year average of 17%, which signals returns may be falling from their cyclical peak.
- At a P/B of 3.53 and an ROE of 14%, the stock is priced at a clear premium to book value. At a P/E of 25, the earnings yield is only about 4%.
- The 10-year average ROE of 8% shows that returns in luxury hospitality have historically been cyclical and often low.
- The dividend yield of 0.51% is low, so it offers little income support if earnings or the share price stay under pressure.
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Institutional meet scheduled Sep 1 Aug 27
EIH Limited (Oberoi Group) scheduled an institutional meeting with Ashika Institutional Equities for September 1, 2026 at 11:30 am. The meeting is at the company's discretion and no specific agenda was disclosed.
TL;DR: Limited recent news flow for EIH Ltd with only a routine institutional investor meeting scheduled for Sep 1. No material headwinds or positive catalysts have emerged in the current cycle. The absence of negative developments is neutral, but investors should watch for any updates or guidance that may come out of the upcoming Ashika Institutional Equities meeting.
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 498 | 531 | 741 | 741 | 527 | 589 | 800 | 827 | 574 | 598 | 873 | 895 | 657 |
| Expenses | 343 | 388 | 417 | 437 | 392 | 414 | 443 | 477 | 414 | 444 | 497 | 561 | 490 |
| Operating Profit | 155 | 143 | 324 | 304 | 135 | 175 | 357 | 351 | 160 | 154 | 376 | 334 | 167 |
| OPM % | 31% | 27% | 44% | 41% | 26% | 30% | 45% | 42% | 28% | 26% | 43% | 37% | 25% |
| Other Income | 28 | 26 | 18 | 69 | 37 | 40 | 48 | 43 | -66 | 53 | 26 | 78 | 45 |
| Interest | 6 | 6 | 5 | 2 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Depreciation | 32 | 33 | 34 | 33 | 33 | 34 | 34 | 33 | 33 | 35 | 37 | 38 | 37 |
| PBT | 145 | 130 | 304 | 338 | 134 | 175 | 364 | 355 | 54 | 166 | 360 | 368 | 169 |
| Tax % | 27% | 28% | 24% | 27% | 28% | 24% | 23% | 26% | 32% | 30% | 29% | 32% | 29% |
| Net Profit | 106 | 94 | 230 | 248 | 97 | 133 | 279 | 262 | 37 | 117 | 255 | 249 | 120 |
| EPS in Rs | 1.66 | 1.49 | 3.51 | 3.56 | 1.47 | 2.08 | 4.23 | 4.04 | 0.54 | 1.82 | 3.89 | 3.8 | 1.87 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,669 | 1,661 | 1,529 | 1,599 | 1,811 | 1,596 | 494 | 985 | 2,019 | 2,511 | 2,743 | 2,940 | 3,023 |
| Expenses | 1,338 | 1,315 | 1,265 | 1,298 | 1,405 | 1,301 | 847 | 1,019 | 1,419 | 1,584 | 1,715 | 1,916 | 1,993 |
| Operating Profit | 331 | 345 | 263 | 300 | 406 | 295 | -354 | -34 | 599 | 927 | 1,028 | 1,024 | 1,030 |
| OPM % | 20% | 21% | 17% | 19% | 22% | 18% | -72% | -3.4% | 30% | 37% | 37% | 35% | 34% |
| Other Income | 28 | 41 | 61 | 121 | 8 | 73 | 49 | 100 | 16 | 141 | 156 | 91 | 202 |
| Interest | 46 | 28 | 18 | 23 | 50 | 56 | 41 | 35 | 36 | 19 | 21 | 23 | 23 |
| Depreciation | 168 | 133 | 128 | 117 | 133 | 146 | 129 | 124 | 126 | 131 | 134 | 143 | 146 |
| PBT | 145 | 224 | 178 | 281 | 231 | 166 | -476 | -93 | 454 | 917 | 1,028 | 949 | 1,064 |
| Tax % | 54% | 36% | 34% | 30% | 36% | 1% | -21% | 2% | 27% | 26% | 25% | 31% | — |
| Net Profit | 76 | 143 | 118 | 196 | 149 | 165 | -375 | -95 | 329 | 678 | 770 | 657 | 741 |
| EPS in Rs | 1.01 | 2.1 | 1.65 | 2.87 | 2.1 | 2.38 | -5.91 | -1.56 | 5.03 | 10.22 | 11.82 | 10.05 | 11.38 |
| Div. Payout % | 100% | 48% | 50% | 29% | 39% | 0% | 0% | 0% | 22% | 12% | 13% | 15% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 114 | 114 | 114 | 114 | 114 | 114 | 125 | 125 | 125 | 125 | 125 | 125 |
| Reserves | 2,496 | 2,616 | 2,666 | 2,768 | 2,879 | 3,022 | 2,979 | 2,902 | 3,250 | 3,814 | 4,488 | 5,137 |
| Borrowings | 418 | 318 | 359 | 502 | 550 | 647 | 510 | 475 | 238 | 199 | 265 | 252 |
| Other Liabilities | 691 | 556 | 540 | 680 | 698 | 658 | 510 | 635 | 782 | 906 | 953 | 1,033 |
| Total Liabilities | 3,719 | 3,604 | 3,680 | 4,064 | 4,242 | 4,442 | 4,125 | 4,137 | 4,395 | 5,045 | 5,831 | 6,548 |
| Fixed Assets | 2,615 | 2,230 | 2,092 | 2,548 | 2,628 | 3,007 | 2,885 | 2,854 | 2,871 | 2,885 | 3,143 | 3,880 |
| CWIP | 93 | 115 | 321 | 148 | 79 | 130 | 169 | 55 | 96 | 170 | 308 | 219 |
| Investments | 254 | 301 | 288 | 327 | 428 | 459 | 411 | 365 | 384 | 448 | 548 | 656 |
| Other Assets | 757 | 958 | 979 | 1,042 | 1,107 | 846 | 659 | 863 | 1,044 | 1,542 | 1,833 | 1,793 |
| Total Assets | 3,719 | 3,604 | 3,680 | 4,064 | 4,242 | 4,442 | 4,125 | 4,137 | 4,395 | 5,045 | 5,831 | 6,548 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 321 | 231 | 243 | 272 | 282 | 317 | -139 | -19 | 614 | 712 | 825 | 993 |
| Investing | -154 | -58 | -269 | -318 | -232 | -163 | -53 | 23 | -300 | -546 | -419 | -1,057 |
| Financing | -151 | -193 | -4 | 45 | -19 | -184 | 170 | 20 | -299 | -167 | -113 | -141 |
| Net Cash Flow | 16 | -20 | -30 | -1 | 31 | -31 | -23 | 25 | 16 | -1 | 293 | -205 |
| Free Cash Flow | 178 | 164 | -13 | -37 | 125 | 147 | -210 | 13 | 477 | 494 | 346 | 302 |
| CFO/OP | 115 | 93 | 113 | 112 | 91 | 115 | 36 | 45 | 111 | 95 | 99 | 121 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 49 | 44 | 43 | 51 | 50 | 47 | 58 | 43 | 41 | 29 | 32 | 32 |
| Inventory Days | 80 | 77 | 81 | 83 | 89 | 112 | 256 | 134 | 121 | 99 | 88 | 84 |
| Days Payable | 278 | 247 | 282 | 312 | 343 | 380 | 893 | 453 | 577 | 422 | 410 | 411 |
| Cash Conversion Cycle | -149 | -125 | -157 | -178 | -204 | -222 | -579 | -277 | -416 | -294 | -290 | -295 |
| Working Capital Days | -49 | -39 | -14 | -50 | -55 | -55 | -160 | -99 | -29 | -31 | -23 | -17 |
| ROCE % | 6% | 9% | 7% | 9% | 10% | 6% | -11% | -3% | 16% | 24% | 23% | 21% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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62 extracted metrics + investor summaries across FY10–FY27.
Documents
Frequently Asked Questions about EIH
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Company Information
EIH is primarily engaged in owning and managing premium luxury hotels and cruisers under the luxury Oberoi, Trident and Maidens brands. The Company is also engaged in flight catering, airport restaurants, project management and corporate air charters.(Source : 202003 Annual Report Page No:124)
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