Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · EIH LIMITED · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
Runs luxury and upper-upscale hotels in India and abroad under the Oberoi and Trident brands, generating Rs 2,939.63 crore of FY26 revenue from hotel operations. The portfolio delivered RevPAR leadership with 13 of 15 hotels ranked 1st or 2nd in their STR competitive sets. Growth is being pursued through a stated plan to roughly double the portfolio by 2030, supported by a pipeline of owned and managed properties across domestic and international destinations including Goa and London. Operating costs are dominated by employees at 20.6% of revenue and other operating expenses at 35.1%; materials account for 9.4% and depreciation 4.8%. Capex was 23.6% of revenue in FY26, reflecting heavy property investment. FY26 profit was weighed by Rs 131 crore of net exceptional items tied to the Mashobra Resort settlement and new Labour Code provisions. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Hotel operations. Asset-heavy luxury hospitality with high occupancy and rate-led earnings
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
₹ crore · consolidated
FY22
FY23
FY24
FY25
FY26
Revenue
985
2,019
2,511
2,743
2,940
EBITDA (ex other income)
54
528
920
989
892
margin %
5.5
26.2
36.6
36.0
30.3
Owners' profit
(97)
315
639
739
628
EPS, as reported (₹)
(1.56)
5.03
10.22
11.82
10.05
ROE % · ROCE %
(3.0) · (0.3)
9.5 · 12.3
16.6 · 19.9
16.2 · 18.8
12.2 · 15.3
Debt / equity (x)
0.11
0.02
0.00
0.00
0.00
Cash from operations
(17)
621
712
825
993
Capex
(66)
(136)
(222)
(484)
(693)
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · EIH LIMITED · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
₹ crore
Q2 FY25
Q3 FY25
Q4 FY25
Q1 FY26
Q2 FY26
Q3 FY26
Q4 FY26
Q1 FY27
Revenue
589
800
827
574
598
873
895
657
Profit before tax
167
346
328
46
157
341
349
165
Net profit
133
279
262
37
117
255
249
120
EPS (₹)
2.08
4.23
4.04
0.54
1.82
3.89
3.80
1.87
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Peers — basic industry group, by market cap
Company
M.cap ₹ cr
P/E
P/B
EV/EBITDA
ROE %
ROCE %
Rev CAGR 5y %
EBITDA m. %
THE INDIAN HOTELS CO. LTD
1,14,612
53.4
7.67
30.4
15.0
16.2
43.8
32.2
ITC HOTELS LIMITED
34,265
39.5
2.93
22.3
7.0
9.0
—
37.5
LEELA PALACES HOTEL LTD
20,355
33.6
3.15
27.0
6.2
5.9
—
43.2
EIH LIMITED ◆
18,260
25.7
3.38
17.1
12.2
14.9
42.7
31.6
CHALET HOTELS LIMITED
17,481
33.1
4.73
16.0
17.4
13.6
56.6
45.5
VENTIVE HOSPITALITY LTD
12,684
26.4
1.88
11.2
7.4
7.4
—
37.7
LEMON TREE HOTELS LTD
8,500
36.1
4.09
15.7
13.9
9.2
41.8
44.1
INDIA TOUR. DEV. CO. LTD.
5,172
63.1
12.59
42.2
20.0
26.6
24.7
17.2
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
Metric
Company
Group median
Rank
Better than
P/E (TTM)
25.7
25.7
29 of 57
50%
P/B
3.4
1.6
45 of 57
21%
ROCE
14.9
4.9
11 of 65
84%
ROE
12.2
6.3
15 of 57
75%
Debt / Equity
0.0
0.2
1 of 57
88%
EBITDA margin
31.6
29.5
26 of 58
56%
Revenue growth
14.5
7.6
22 of 58
63%
Profit growth
226.2
11.6
9 of 55
85%
Market cap
18260
246
4 of 66
95%
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · EIH LIMITED · 29 October 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
Date · filing
Category
Importance
Next day %
5-day %
10 Oct 2026 · EIH Limited files RTA compliance certificate for September 2026 quarter
compliance
minimal
—
—
5 Oct 2026 · Notice on special window for re-lodging physical share transfers
compliance
minimal
—
—
1 Oct 2026 · EIH Limited faces Rs 92.56 lakh income tax penalty for AY 2016-17
27 Aug 2026 · EIH Limited to meet Ashika Institutional Equities on 1 September 2026
board shareholder meetings
low
—
—
17 Aug 2026 · EIH Q1 FY27 results: Revenue up 15%, EBITDA margin under pressure
investor communications
medium
—
—
12 Aug 2026 · EIH Q1 FY27 results: revenue up 15%, PAT jumps 224% YoY
investor communications
medium
—
—
7 Aug 2026 · EIH Limited 76th AGM: all 4 resolutions approved, Rs 1.50 dividend declared
board shareholder meetings
low
—
—
7 Aug 2026 · EIH 76th AGM held; dividend, FY26 results adoption, director re-appointment approved
board shareholder meetings
medium
—
—
6 Aug 2026 · EIH Q1 FY27: revenue up 15%, PAT surge on low base, 6 hotels added
compliance
low
—
—
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
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a target is a forecast; a multiple is a measurement
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Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in