EIHAHOTELS

EIH Associated Hotels share price & financials

Price
₹321.4
Market cap
₹1.8k Cr
Calls analysed
1
Latest concall · Q4 FY25 · call held 30 May 2025

EIH Assoc.Hotels Q4 FY25

Consolidated Revenue Growth 11% +11%Consolidated EBITDA Growth 13% +13%Consolidated PAT Growth 6% +6%Standalone Revenue Growth 9% +9%

What went well

  • Consolidated revenue grew by 11% year-over-year for FY25, reaching highest-ever performance.
  • Consolidated EBITDA grew by 13% year-over-year for FY25, reflecting strong operational efficiency.
  • Standalone PAT increased by 44% year-over-year for FY25, significantly aided by a ₹115 crore exceptional gain from Mashobra deconsolidation.

What to watch

  • Consolidated PAT growth was limited to 6% year-over-year for FY25 due to exceptional items related to Oberoi Grand & Tirupati.
  • The lounge business concluded as of March 31, 2025, resulting in a revenue loss of ₹122 crores for the last year.
Read the full call →

What EIH Associated Hotels Limited does

EIH Associated Hotels Limited, a member of The Oberoi Group, owns and operates luxury and premium hotels in India under two brands: Oberoi Hotels & Resorts and Trident Hotels. It earns revenue from room stays, food & beverage, banqueting and MICE (meetings, incentives, conferences, exhibitions) events at its properties located in leading tourist and business destinations. The company commenced operations in 1983 as Pleasant Hotels Limited and has since built a portfolio of iconic, award-winning hotels.

Segments

  • Oberoi Hotels & Resorts
  • Trident Hotels
Hotels operated
7
Total rooms (keys)
784
Hotel brands
Oberoi Hotels & Resorts, Trident Hotels
Geographic footprint
6 cities across India — Jaipur, Shimla, Agra, Udaipur, Bhubaneswar, Chennai
Parent group
Member of The Oberoi Group
Projects under development
Trident Udaipur expansion (+10 keys), Trident Jaipur renovation (127 keys), new Trident Visakhapatnam (125 keys), plus a new banquet facility at Trident Agra
Founded 1983Headquarters New Delhi, India Company website

Guidance record · Q4 FY25

what the last two calls moved 7 tracked 0 delivered 0 missed 7 open
  • New hotels to be added open said Q4 FY25 Promised: 21 properties in the next 2-3 years Q4 FY25: Announced pipeline of 21 new properties (12 domestic, 9 international).

All 7 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue down 4.0%, net profit up 11.5% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue71 133 140 69 58 −18%129 −3%127 −9%66 −4%
EBITDA7 54 61 9 3 −63%58 +7%50 −18%7 −20%
Net profit2 40 46 6 3 +33%41 +2%38 −19%7 +11%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −30.1% 1Y

₹300₹350₹400Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹411.05 on 10 Sept 2025 → ₹287.45. High ₹411.05 (10 Sept 2025), low ₹270.25 (30 Mar 2026).

Financials, as filed

Revenue grew 4.4% a year over 3 years, FY23 to FY26. Operating margin widened to 31.0%.

Year endingFY23FY24FY25FY26
Revenue₹338 Cr₹385 Cr₹408 Cr₹384 Cr
Operating profit₹95 Cr₹113 Cr₹126 Cr₹119 Cr
Operating margin28.0%29.4%31.0%31.0%
Interest₹0 Cr₹1 Cr₹0 Cr₹0 Cr
Depreciation₹16 Cr₹17 Cr₹17 Cr₹17 Cr
Net profit₹64 Cr₹81 Cr₹92 Cr₹87 Cr
Net margin19.0%21.1%22.5%22.7%
Cash from operations₹91 Cr₹78 Cr₹109 Cr₹100 Cr
Free cash flow₹72 Cr₹41 Cr₹81 Cr₹44 Cr
ROCE23.0%25.0%26.0%21.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹30 Cr₹30 Cr₹30 Cr₹30 Cr₹61 Cr₹61 Cr
Reserves₹288 Cr₹302 Cr₹366 Cr₹432 Cr₹463 Cr₹541 Cr
Borrowings₹2 Cr₹2 Cr₹5 Cr₹4 Cr₹4 Cr₹4 Cr
Other liabilities₹68 Cr₹78 Cr₹103 Cr₹97 Cr₹113 Cr₹118 Cr
Total liabilities₹389 Cr₹412 Cr₹504 Cr₹563 Cr₹641 Cr₹724 Cr
Fixed assets₹279 Cr₹278 Cr₹276 Cr₹302 Cr₹282 Cr₹296 Cr
Capital work in progress₹6 Cr₹5 Cr₹12 Cr₹8 Cr₹38 Cr₹47 Cr
Investments₹51 Cr₹74 Cr₹140 Cr₹153 Cr₹176 Cr₹195 Cr
Other assets₹54 Cr₹55 Cr₹77 Cr₹100 Cr₹145 Cr₹186 Cr
Total assets₹389 Cr₹412 Cr₹504 Cr₹563 Cr₹641 Cr₹724 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025. The shareholder count grew 5% to 25,637.

Promoters
75.0%
FIIs
13.7%
Public
11.3%

Since Jun 2025

  • FIIs −0.07 pp
  • Public +0.04 pp
  • Promoters 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, FIIs 13.9%, Public 11.1%.Dec '23: Promoters 75.0%, FIIs 13.8%, Public 11.2%.Mar '24: Promoters 75.0%, FIIs 13.7%, Public 11.3%.Jun '24: Promoters 75.0%, FIIs 13.7%, Public 11.3%.Sep '24: Promoters 75.0%, FIIs 13.8%, Public 11.3%.Dec '24: Promoters 75.0%, FIIs 13.8%, Public 11.3%.Mar '25: Promoters 75.0%, FIIs 13.7%, Public 11.3%.Jun '25: Promoters 75.0%, FIIs 13.7%, Public 11.3%.Sep '25: Promoters 75.0%, FIIs 13.7%, Public 11.3%.Dec '25: Promoters 75.0%, FIIs 13.7%, Public 11.3%.Mar '26: Promoters 75.0%, FIIs 13.7%, Public 11.3%.Jun '26: Promoters 75.0%, FIIs 13.7%, Public 11.3%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of EIH Associated Hotels Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Eih Limited 36.81%unchanged
Satish B Raheja 22.27%unchanged
Hathway Investments Private Limited 14.33%unchanged
Jupiter India Fund Global fund house9.98%unchanged
The Jupiter Global Fund - Jupiter India Select Global fund house3.21%unchanged
Hemendra Mathradas Kothari 1.23%unchanged
Oberoi Holdings Private Limited 0.89%unchanged
Oberoi Hotels Private Limited 0.37%unchanged
Late P R S OBEROI 0.17%unchanged
Rajan B Raheja 0.09%unchanged
Akshay Rajan Raheja 0.03%unchanged
Viren Rajan Raheja 0.03%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.