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Prices as of 8 Oct 2026 close · Not investment advice

EIH Limited

NSE: EIHOTELHotels & Resorts

Share price

₹291.20

-1.79% close of 8 Oct 2026

Market cap ₹18,200 CrP/E 25.1

Business score

How strong the business is, in one number. The parts behind it are in Pro.

68

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹18,200 Cr

P/E ratio

25.1

P/B ratio

3.5

ROCE

20.7%

ROE

14.5%

Dividend yield

0.5%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹399.1052-week low ₹273.55

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step down at Jun 2020 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step down at Jun 2020 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

At 25.1× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 34.9×, across 5 companies. It is against its own five-year median of 33.5×, the 3rd percentile of its own range.

Whether growth justifies the valuation

Priced at 1.0 times its growth rate, on earnings growth of 25%.

Profit growthPrice per ₹1 profitPer 1% growth
EIH Limited — this one25%/yr25.1×₹1.0
The Indian Hotels Company Limited22%/yr52.0×₹2.4
ITC Hotels Limited—34.9×—
Leela Palaces Hotels & Resorts Limited106%/yr43.7×—
Chalet Hotels Limited60%/yr33.7×₹0.56
Ventive Hospitality Limited—26.7×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Hotels & Resorts), it ranks 6 of 39 on returns, 23 of 35 on growth, 12 of 39 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 20.7% on capital, ahead of 85% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹3125 crore of cash from the business, spent ₹1493 crore on plant and equipment, and returned ₹700 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 165 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being paid 99 days before it paid its own suppliers to paid 17 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 6 Aug 2026 · Consolidated · Unaudited

Revenue

₹657 Cr

Revenue vs last year

+14.5%

Revenue vs last quarter

-26.6%

Net profit

₹120 Cr

Profit vs last year

+225.2%

Profit vs last quarter

-51.7%

Net margin

18.3%

EPS

₹1.87

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹18,200 Cr
Prev close
₹291.20
52w High
₹405
52w Low
₹271
Enterprise value
₹17,559 Cr
Beta
1.1
Price CAGR 1y
-25.0%
Price CAGR 3y
9.0%
Price CAGR 5y
16.0%
Price CAGR 10y
11.0%

Ratios

Return on assets
10.0%
PEG ratio
1.0
P/E ratio
25.1
P/B ratio
3.5
EV / EBITDA
18.1
Industry P/E
30.1
ROCE
20.7%
ROCE 5y average
16.2%
ROE
14.5%
Debt / Equity
0.0
Interest coverage
42.3
Dividend yield
0.5%
ROE 3y average
17.0%
ROE last year
14.0%

Annual P&L

Annual revenue
₹2,940 Cr
Annual profit
₹657 Cr
Operating margin
35.0%
Net profit margin
22.3%
EBITDA margin
34.8%
Sales growth 3y
13.3%
Sales growth 5y
42.9%
Profit growth 3y
25.0%
Profit growth 5y
32.0%
EPS
₹10.1
Sales growth TTM
8.0%
Profit growth TTM
-8.0%
Dividend payout
15.0%

Quarter P&L

Sales latest quarter
₹657 Cr
Profit latest quarter
₹120 Cr
YoY quarterly sales growth
14.5%
YoY quarterly profit growth
224.3%
OPM latest quarter
25.4%

Balance Sheet

Book Value
₹84.2
Face Value
₹2.0
Total debt
₹252 Cr
Total cash
₹934 Cr
Borrowings
₹252 Cr
Reserves / Equity
41.1

Cash Flow

Operating cash flow
₹993 Cr
Free cash flow
₹302 Cr
FCF yield
1.5%
Net cash flow
-₹205 Cr

Shareholding

Promoter holding
32.9%
FII holding
6.7%
DII holding
13.8%
Public holding
46.7%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Indian Hotels Co731.3053.61,04,0960.44390.820.82,339.214.617.1
ITC Hotels159.1736.033,1560.63181.935.4936.014.811.2
Leela Palaces Hotels602.4544.920,1190.0048.8456.4352.028.18.7
Chalet Hotels847.4034.718,5580.2486.1-54.4512.3-42.717.0
EIH296.5025.518,5420.51120.3-1.9657.014.520.7
Ventive Hospital582.4028.113,6010.00124.2199.8542.87.010.8
Lemon Tree Hotel112.5234.88,9140.0057.320.1344.69.114.1
Median195.0728.17750.006.720.870.610.610.8

Competes with: Advani Hotels & Resorts (India) Limited, Advent Hotels International Limited, Apeejay Surrendra Park Hotels Limited, Apollo Sindoori Hotels Limited, Asian Hotels (East) Limited, Asian Hotels (North) Limited, Asian Hotels (West) Limited, Benares Hotels Limited, Blue Coast Hotels Limited, Brigade Hotel Ventures Limited, Chalet Hotels Limited, Country Club Hospitality & Holidays Limited, EIH Associated Hotels Limited, Graviss Hospitality Limited, HLV LIMITED, ITC Hotels Limited, India Tourism Development Corporation Limited, Juniper Hotels Limited, Kamat Hotels (I) Limited, Kaushalya Infrastructure Development Corporation Limited, Leela Palaces Hotels & Resorts Limited, Lemon Tree Hotels Limited, Mac Charles India Limited, Mahindra Holidays & Resorts India Limited, Oriental Hotels Limited, Praveg Limited, Robust Hotels Limited, Royal Orchid Hotels Limited, Samhi Hotels Limited, Sayaji Hotels Limited, Sinclairs Hotels Limited, Sri Havisha Hospitality and Infrastructure Limited, TGB Banquets And Hotels Limited, Taj GVK Hotels & Resorts Limited, The Byke Hospitality Ltd, The Indian Hotels Company Limited, U P Hotels Limited, Valor Estate Limited, Ventive Hospitality Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales498531741741527589800827574598873895657
Expenses343388417437392414443477414444497561490
Material Cost685963797669
Change in Inventories000000
Purchases of Stock-in-Trade000000
Employee Cost143139147155166161
Other Expenses266216235263319261
Operating Profit155143324304135175357351160154376334167
OPM %31274441263045422826433725
Other Income2826186937404843-6653267845
Exceptional items (within Other Income)-22-1108.41-3000
Interest6652556666666
Depreciation32333433333434333335373837
Profit before tax14513030433813417536435554166360368169
Tax %27282427282423263230293229
Net Profit106942302489713327926237117255249120
EPS in Rs1.661.493.513.561.472.084.234.040.541.823.893.801.87
Diluted EPS in Rs4.040.541.823.893.801.87

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,6691,6611,5291,5991,8111,5964949852,0192,5112,7432,9403,023
Expenses1,3381,3151,2651,2981,4051,3018471,0191,4191,5841,7151,9161,993
Material Cost247276
Change in Inventories00
Purchases of Stock-in-Trade00
Employee Cost545607
Other Expenses9351,033
Operating Profit331345263300406295-354-345999271,0281,0241,030
OPM %202117192218-72-3.403037373534
Other Income284161121873491001614115691202
Exceptional items (within Other Income)-28-132
Interest46281823505641353619212323
Depreciation168133128117133146129124126131134143146
Profit before tax145224178281231166-476-934549171,0289491,064
Tax %54363430361-21227262531
Net Profit76143118196149165-375-95329678770657741
EPS in Rs1.012.101.652.872.102.38-5.91-1.565.0310121011
Diluted EPS in Rs1210
Dividend Payout %1004850293900022121315

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
6%
5 years
43%
3 years
13%
TTM
8%

Compounded profit growth

10 years
17%
5 years
32%
3 years
25%
TTM
-8%

Stock price CAGR

10 years
11%
5 years
16%
3 years
9%
1 year
-25%

Return on equity

10 years
8%
5 years
12%
3 years
17%
Last year
14%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital114114114114114114125125125125125125
Reserves2,4962,6162,6662,7682,8793,0222,9792,9023,2503,8144,4885,137
Borrowings418318359502550647510475238199265252
Other Liabilities6915565406806986585106357829069531,033
Minority Interest131147
Total Liabilities3,7193,6043,6804,0644,2424,4424,1254,1374,3955,0455,8316,548
Fixed Assets2,6152,2302,0922,5482,6283,0072,8852,8542,8712,8853,1433,880
CWIP93115321148791301695596170308219
Investments254301288327428459411365384448548656
Other Assets7579589791,0421,1078466598631,0441,5421,8331,793
Total Assets3,7193,6043,6804,0644,2424,4424,1254,1374,3955,0455,8406,556

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity321231243272282317-139-19614712825993
Cash from Investing Activity-154-58-269-318-232-163-5323-300-546-419-1,057
Cash from Financing Activity-151-193-445-19-18417020-299-167-113-141
Net Cash Flow16-20-30-131-31-232516-1293-205
Free Cash Flow178164-13-37125147-21013477494346302

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days494443515047584341293232
Inventory Days8077818389112256134121998884
Days Payable278247282312343380893453577422410411
Cash Conversion Cycle-149-125-157-178-204-222-579-277-416-294-290-295
Working Capital Days-49-39-14-50-55-55-160-99-29-31-23-17
ROCE %6979106-11-316242321

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters333333333333333333333333
FIIs4.383.715.255.394.565.336.085.925.936.166.626.65
DIIs141414141514141414141414
Public494948484848474747474747
No. of Shareholders1,04,3711,09,9191,20,4231,37,9251,29,8151,27,3951,25,8291,28,1881,23,9501,20,0981,20,1341,21,473

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -25.4% (₹390.45 → ₹291.20)Brick size ₹7.78 (fixed)Bricks 50
₹350₹400₹291Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹291.20 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

79,39,988inr

2026-03-31

News

News and filings about EIH Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Services
Industry
Hotels & Resorts
Classification
Consumer Services › Hotels & Resorts
ISIN
INE230A01023

Plants

  • Maidens Hotel · New Delhi, Delhi
  • Oberoi Airport Services · Mumbai, Maharashtra
  • Oberoi Flight Services · Kolkata, West Bengal
  • The Oberoi Grand · Kolkata, West Bengal
  • The Oberoi Udaivilas · Udaipur, Rajasthan
  • The Oberoi Vanyavilas · Ranthambhore, Rajasthan
  • The Oberoi, Bengaluru · Bengaluru, Karnataka
  • The Oberoi, Mumbai · Mumbai, Maharashtra
  • The Oberoi, New Delhi · New Delhi, Delhi
  • Trident, Bandra Kurla · Mumbai, Maharashtra
  • Trident, Nariman Point · Mumbai, Maharashtra

News impact

Big market events that reach EIH Limited, and how the effect spreads.

25 Aug, 04:36 IST · Market event · medium impact

Indian Hotels board approves merging Oriental Hotels into itself in an all-stock deal - 25 IHCL shares for every 117 Oriental Hotels shares - bringing seven hotels and 825 rooms onto its own balance sheet by the second half of FY2028

Indian Hotels, which runs the Taj brand, is absorbing its listed associate Oriental Hotels by giving Oriental shareholders IHCL shares instead of cash - Oriental's owners swap into a much larger, more highly valued company, and IHCL gets seven more hotels it already managed.

Consumer ServicesServices

Who it hits first

  • Oriental Hotels ceases to be a separately listed company; its shareholders receive Indian Hotels shares at 25 for every 117 held
  • Indian Hotels takes seven hotels and 825 rooms onto its own balance sheet, converting management fees into owned property economics
  • The Tata group's hotel structure simplifies, removing a listed associate layer

Who may gain

  • Oriental Hotels shareholders, who swap into a larger company that trades at a higher multiple and earns more on its capital
  • Indian Hotels over the long term, which gains full economics on hotels it already ran
  • Remaining listed hotel companies, which pick up the sector allocation that used to sit in Oriental

Along the supply chain

Downstream

No downstream change for guests or corporate booking customers, since Indian Hotels already managed all seven properties under the Taj and Vivanta brands.

Upstream

Minimal upstream effect - the same hotels buy the same food, linen and energy; the only change is that procurement moves fully onto Indian Hotels' larger group contracts, which should lower unit costs modestly.

Where demand moves

Business

No demand changes hands here - the same seven hotels serve the same guests, and Indian Hotels already ran them under management contracts. What changes is who books the room revenue: Indian Hotels moves from collecting a management fee to consolidating the full property revenue and cost.

Capital

Money that was allocated to Oriental Hotels as a separate small-cap hotel holding must move, and most of it converts into Indian Hotels shares through the swap. Investors who specifically wanted small-cap hotel exposure rather than the sector leader rotate instead into EIH, Chalet and Lemon Tree, which is the usual pattern when a listed name in a small sector disappears.

How it spreads across sectors

Consumer Services

One fewer listed hotel company; sector allocation concentrates into the remaining names

Services

Group structure simplification reduces the listed-associate discount across the Tata hospitality holdings

When it plays out

Immediate

Oriental Hotels trades toward but below the implied swap value; Indian Hotels trades close to flat.

Medium term

Completion is targeted for the second half of FY2028; the discount to swap value narrows as each regulatory milestone clears.

Short term

Watch for shareholder and creditor meeting dates and any objection to the swap ratio, which is the usual friction point in Indian all-stock mergers.

Who it hits first

  • Jewellery sector ₹X,000cr market cap erosion in single session
  • Aviation INDIGO -5%; hotels -3-5%
  • EV stocks +5-7%; rail stocks +2-5%

Who may gain

  • EV makers (OLAELEC, JBMA, TVSMOTOR)
  • Rail (IRCTC, TITAGARH, IRCON, CONCOR)
  • Domestic IT WFH-tech enablers

Along the supply chain

Downstream

Wedding-season demand pulled into Q1 may unwind in Q2-Q3

Upstream

Bullion importers (MMTC) lose volume; refining margins compressed

Where demand moves

Business

Gold demand pushed out by 12+ months → jewellery destocking; foreign travel demand → domestic substitution

Capital

Rotation from discretionary consumption (jewellery, premium hotels, aviation) to EV/rail/defensive

How it spreads across sectors

Aviation

Negative — outbound travel curb + ATF cost from crude event

EV

Positive — Modi explicitly favored EV in speech

FMCG

Neutral to mild positive — discretionary spend may shift

Hotels

Negative — inbound boost from diaspora call but smaller than outbound loss

IT

Mildly positive — WFH push but already enabled

Jewellery

Direct negative — TITAN -9%, peers -5-8%

OTA

Negative — outbound bookings hit

Rail

Positive — domestic travel substitution

A pattern seen before

Cascade chain

  • Modi appeal → gold demand pause → jewellers destocking → bullion importers lose volume
  • Modi appeal → outbound travel curb → INDIGO + hotels hit
  • Modi appeal → EV preference → JBMA/OLAELEC rally
  • WFH push → marginal IT/Zoho benefit

Pattern name

Government Policy / Discretionary Spending Cascade

Sectors queried

  • Jewellery
  • Aviation
  • Travel & Hotels
  • Auto (EV)
  • Rail
  • IT Services
  • OTA
  • FMCG

When it plays out

Immediate

Jewellery -5-10%, aviation -5-8%, EV +5-10%; sentiment-driven

Medium term

If austerity holds 1 year, structural shift: gold imports -20-30%, EV share +5-10% in 2W

Short term

2-3 weeks of pressure on discretionary; jewellers may secure PMO meeting → policy clarity could ease

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

31 Jul 2026unspecified₹1.5
30 Jul 2025unspecified₹1.5
31 Jul 2024unspecified₹1.2
2 Aug 2023unspecified₹1.1
5 Aug 2019unspecified₹0.9
23 Jul 2018unspecified₹0.9
24 Jul 2017unspecified₹0.9
17 Mar 2016interim₹1.1

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.