EIH Ltd is the flagship company of the Oberoi group that manages 33 hotels (~11 owned and 22 under management contract) with room inventory of ~4247 rooms.
EIH’s operational performance for Q3FY23 remained far better than our estimates with revenue & EBITDA reporting growth of 21% & 52%, respectively, from pre-Covid levels.
Hotels company EIH announced Q4FY23 & FY23 results:
Commenting on the FY23 performance, Vikram Oberoi, Managing Director & CEO, EIH, said, “FY23 has been a record year for EIH Limited, reporting the highest ever full-year consolidated revenue, EBITDA and PAT. Hotels managed by EIH Limited achieved an industry leading RevPAR index of 127% for the FY23, on the back of an ARR index of 120%. We would like to acknowledge the significant contribution of our Chairman Emeritus, Mr. PRS Oberoi in creating a very strong foundation for the Company and building some of the world’s finest hotels on the base of which these results have been achieved.”
Arjun Oberoi, Executive Chairman, EIH, added, "Our exceptional performance is a testament to our unwavering commitment to quality, our premium positioning, and our meticulous attention to detail. We're not just about iconic hotels; we're about creating unforgettable experiences."
Equity Capital: 3,026.65 Cr FV: 2.00
| Period | MF Net Purchase / (sold) | FII Net |
|---|---|---|
| LAST 1M | 2,333.12 | 37,369.27 |
| LAST 3M | 16,668.82 | 53,102.69 |
| LAST 6M | 64,410.78 | 32,565.35 |
| LAST 12M | 119,684.93 | 75,969.00 |
| Date | Action Type | Ratio |
|---|---|---|
| Aug 02, 2023 | Dividend | 55 |
EIH Ltd is working in the Hotels & Restaurants sector is having a market capitalization worth Rs. 6,622.60 crores, it was incorporated in the year 1949. It has reported consolidated sales of Rs. 95.93 crores in June’2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500840, and also listed on the National Stock Exchange (NSE) with the code EIHOTEL.
EIH Ltd is in the business of luxury hotels, restaurants, management contracts, and tour & travel services. EIH Ltd comes under the management of the Oberoi group and is one of the largest operating hotel chains in India. EIH Ltd mainly operates under two brand names, Oberoi and Trident. The luxury hotels operate under the Oberoi brand name, and the five-star hotels operate under the Trident brand name. EIH Ltd is involved in the management of over eight luxury hotels located around the country. In addition, EIH Ltd also provides services like aircraft catering, airport management, car rental services, and other related services. The promoters of the company own 35.74% of the stake in the company, Foreign Institutional Investors (FII) own 3.29%, Domestic Institutional Investors (DII) own 13.84% stake in the company, and others (such as public & retail investors) hold the balance of 47.14%.
In June 2021, quarterly net revenue was Rs. 79.33 crores, which has increased sharply by approximately 178.64 % from Rs. 28.47 crores for the April-June 2020 quarter. The quarterly net loss in June 2021 was Rs. 93.09 crores, which has improved and increased by nearly 21.26% from a net loss of Rs. 118.22 crores in June 2020. In June 2021, the reported operating profit was at Rs. 9.84 crores, which is also increased by 142.49% as compared to an operating loss of Rs. 23.16 crores for the quarter ending in June 2020. From a negative EPS of Rs. 2.07 in June 2020, the EPS of EIH Ltd has improved and reached a negative EPS of Rs. 1.49 per share in June 2021. EIHOTEL's stock closed at Rs. 104.80 on 24th August’2021 (NSE) and has given a return of 8.10% in the last six months and returned nearly 16.90% in the previous year.
4 Mangoe Lane, , Kolkata, West Bengal, 700001
| Tel | : | 91-33-22486751 |
| : | isdho:oberoigroup.com/invcom:oberoigroup.com | |
| Website | : | http://www.eihltd.com |
EIH Ltd
| AGM Date (Month) | : | Jul |
| Face Value Equity Shares | : | 2 |
| Market Lot Equity Shares | : | 1 |
| BSE Code | : | 500840 |
| NSE Code | : | EIHOTEL |
| Book Closure Date (Month) | : | |
| BSE Group | : | A |
| ISIN | : | INE230A01023 |
FAQ’s on EIH Ltd SharesYou can buy EIH Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy EIH Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of May 31, 2023 03:58 PM the closing price of EIH Ltd was ₹ 208.80.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of May 31, 2023 03:58 PM, the market cap of EIH Ltd stood at ₹ 13,057.60.
The latest PE ratio of EIH Ltd as of May 31, 2023 03:58 PM is 34.78
The latest PB ratio of EIH Ltd as of May 31, 2023 03:58 PM is 0.26
The 52-week high of EIH Ltd is ₹ 218.50 while the 52-week low is ₹ 120.25
According to analyst recommendations, EIH Ltd has a “Buy” rating for the long term.
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