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
| ₹ 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) |
| ₹ 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 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| THE INDIAN HOTELS CO. LTD | 1,02,271 | 47.7 | 6.85 | 27.2 | 15.0 | 16.2 | 43.8 | 32.2 |
| ITC HOTELS LIMITED | 32,180 | 37.1 | 2.75 | 20.9 | 7.0 | 9.0 | — | 37.5 |
| CHALET HOTELS LIMITED | 19,293 | 36.5 | 5.22 | 17.5 | 17.4 | 13.6 | 56.6 | 45.5 |
| EIH LIMITED ◆ | 17,976 | 25.3 | 3.32 | 16.8 | 12.2 | 14.9 | 42.7 | 31.6 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 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 | — | — |
| 6 Aug 2026 · Oberoi Grand Kolkata reopening delayed to September 2028 | business updates | medium | — | — |
| 6 Aug 2026 · EIH Limited Q1 FY27: Revenue up 16%, PAT jumps to Rs 127 cr | results | high | — | — |
| 6 Aug 2026 · EIH Q1 FY27 standalone PAT Rs 127 cr, revenue up 15.6% YoY | results | high | — | — |
| 6 Aug 2026 · EIH Q1 FY27: Revenue up 15.6%, PAT at Rs 127 cr | results | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| LEELA PALACES HOTEL LTD | 17,930 | 29.6 | 2.78 | 24.0 | 6.2 | 5.9 | — | 43.2 |
| VENTIVE HOSPITALITY LTD | 13,431 | 28.0 | 1.99 | 11.8 | 7.4 | 7.4 | — | 37.7 |
| LEMON TREE HOTELS LTD | 8,314 | 35.4 | 4.00 | 15.4 | 13.9 | 9.2 | 41.8 | 44.1 |
| INDIA TOUR. DEV. CO. LTD. | 5,888 | 71.8 | 14.33 | 48.1 | 20.0 | 26.6 | 24.7 | 17.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 25.3 | 24.1 | 32 of 60 | 48% |
| P/B | 3.3 | 1.9 | 45 of 57 | 21% |
| ROCE | 14.9 | 4.9 | 11 of 65 | 84% |
| ROE | 12.2 | 6.4 | 16 of 59 | 74% |
| Debt / Equity | 0.0 | 0.2 | 3 of 59 | 85% |
| 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 | 17976 | 274 | 4 of 66 | 95% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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.
