EIH Ltd
EIH Ltd
Leisure ServicesKey Fundamentals
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BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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45 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
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, operator of Oberoi and Trident luxury hotel brands, trades at a market cap of ₹18,852 crore with a PE of 25.2x. The company posted consolidated FY25 revenue of ₹2,880 crore (up 10% YoY) and PAT of ₹770 crore (up 14% YoY), while its stock has declined 29% over the past year despite delivering 5-year profit CAGR of ~32%.
- Virtually debt-free balance sheet provides financial flexibility and reduces interest cost risk, with CARE AA+ (Stable) issuer rating assigned in December 2025
- Strong 5-year compounded profit growth of 32% CAGR demonstrates sustained earnings momentum post-COVID recovery
- FY25 consolidated PAT grew 14% YoY to ₹770 crore, with standalone EBITDA of ₹1,005 crore (up 12% YoY), showing continued profitability improvement
- 3-year average ROE of 17% indicates efficient capital deployment for a capital-intensive hospitality business
- Consolidated FY25 revenue reached ₹2,880 crore (up 10% YoY), a record high, supported by strong RevPAR growth and MICE/corporate travel recovery
- Premium brand positioning with Oberoi and Trident brands commands higher-than-industry average RevPAR, providing pricing power in the luxury segment
- Stock has corrected 29% over the past year, compressing PE to 25.2x from elevated levels, potentially offering a more reasonable entry valuation versus recent history
- 10-year stock CAGR of 10% and 5-year CAGR of 23% demonstrate long-term wealth creation track record
- TTM profit growth has turned negative at -8%, signaling a deceleration from the 25% 3-year CAGR, with H1FY26 profitability impacted by higher employee costs and maintenance expenses
- Stock has declined 29% in the past year, underperforming the broader market, reflecting investor concern over slowing growth momentum
- 10-year compounded sales CAGR of only 6% suggests structurally modest topline growth outside of the post-COVID rebound period
- Dividend yield of just 0.5% offers minimal income return for shareholders despite the company being debt-free with strong cash generation
- PE of 25.2x remains elevated for a business with single-digit TTM revenue growth (8%), implying the market still prices in significant future growth
- Hotel sector stocks broadly declined 14-30% in 2025 despite strong operational metrics, indicating sector-wide de-rating risk from geopolitical and macro headwinds
- 5-year compounded sales CAGR of 43% was heavily distorted by COVID-era base effects (FY20-FY21 troughs), making forward growth comparisons challenging
- Price-to-book of 3.55x for an asset-heavy hotel business limits margin of safety if earnings growth slows further
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- AGM approves dividend, director reappointed Aug 7
EIH Limited concluded its 76th AGM on Aug 7, 2026, approving FY26 dividends, re-appointing Manoj Harjivandas Modi, and authorizing commission for independent directors.
- Q1FY27 earnings call on Aug 12 Aug 6
EIH Limited will hold an investor conference call on August 12, 2026, to discuss unaudited financial results for the quarter ended June 30, 2026, managed by SKP Securities.
TL;DR: EIH Ltd is maintaining shareholder-friendly practices with approved dividends and stable board continuity. No headwinds are visible in recent news flow. The upcoming Q1FY27 earnings call on Aug 12 will be the next catalyst, providing clarity on post-season revenue trends and occupancy rates.
Quarterly Results
| 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
| 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
| 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
| 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
| 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% |
Documents
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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)