EIH Limited has informed the Exchange about Transcript
EIHOTEL · price
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EIH Limited (Oberoi Hotels) held an investor webinar discussing Q1FY26 results, reporting the highest Q1 revenue in 6-7 years. Consolidated revenue grew 9% YoY and EBITDA margin expanded to 32% (from 30%), driven by RevPAR growth of 16% to INR 11,350 and ARR growth of 18%, though occupancy was flat at around 70%. Standalone EBITDA margin improved sharply to 34% (from 30%) on 15% revenue growth. PAT fell 62% to INR 36 crore due to a one-time INR 110 crore charge from a court judgment related to the Wildflower Hall (Mashobra) property. Oberoi-branded hotels posted 21% RevPAR growth, outpacing the industry's 12%. The company has a pipeline of 25 new properties (2,033 keys) targeted to be operational by 2030, with 8 owned and 17 managed, and reiterated its Vision 2030 to double room count. Q1 was impacted by Operation Sindoor and Middle East geopolitical tensions, but management expressed optimism about driving ARR and leveraging strong luxury demand.
Positive for shareholders — strong RevPAR and margin expansion signal pricing power in the luxury segment, offset partly by a one-time Mashobra hit. Robust expansion pipeline and improving industry demand support a constructive medium-term outlook, though delays in some managed hotel openings and pending rebidding for the Mashobra property remain watchpoints.