As attached
EIHOTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
EIH Ltd (part of Oberoi Group) reported standalone revenue from operations of Rs 2,636.87 crore for FY2026, up 9.9% from Rs 2,399.87 crore in FY2025. However, profit after tax declined significantly to Rs 538.51 crore from Rs 751.28 crore in the prior year, a drop of about 28%. The decline was primarily due to exceptional items totaling Rs 131 crore, including a Rs 110.32 crore charge related to the Mashobra Resort Limited (MRL) court settlement and Rs 29.09 crore provision for new Labour Codes. EBITDA margin compressed from approximately 39% to 37.3%. The company proposed a final dividend of Rs 1.5 per share. The auditor Deloitte Haskins & Sells LLP issued an unmodified opinion, indicating clean books.
Despite revenue growth, the sharp PAT decline due to exceptional charges and margin compression may disappoint shareholders. The stock could face short-term pressure, though the core hotel business remains profitable and the MRL dispute has been resolved.