EIH Associated Hotels Ltd
NSE: EIHAHOTELS · Hotels & Resorts · sector
₹277.30NSE close 2026-10-26
Key numbers
Market cap₹1,690 cr
Price₹277.30
52w high / low₹394 / ₹267
P/E19.2xSector median 21.6x
P/B2.8xSector median 1.8x
Book value₹98.9
Dividend yield1.26%Sector median 0.58%
ROE15.4%Sector median 6.5%
ROCE19.5%Sector median 9.1%
OPM30.1%Sector median 26.3%
Debt / equity0.00xSector median 0.20x
EV/EBITDA12.9xSector median 12.9x
Interest cover249.1x
Current ratio3.49x
Sales growth 3y+4.4%Sector median +7.8%
Profit growth 3y+10.5%Sector median +10.9%
PEG1.83x
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 64 companies in Hotels & Resorts (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹216 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 249.1x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY24).
- Revenue was higher than a year earlier in 0 of the last 4 quarters.
- Other income was 23% of net profit in the last 12 months.
- Dividend paid in 3 of the last 5 financial years.
- Price ₹277.30 on 2026-10-26: -29.6% from the 52-week high, +4.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹438.70 · low ₹277.30
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 71 | 133 | 140 | 69 | 58 | 129 | 127 | 66 |
| EBITDA | 3 | 54 | 61 | 8 | 4 | 54 | 50 | 7 |
| OPM % | 4.3% | 40.5% | 43.3% | 11.2% | 6.0% | 41.9% | 39.0% | 10.8% |
| Other income | 4 | 4 | 6 | 5 | 4 | 5 | 5 | 6 |
| Net profit | 2 | 40 | 46 | 6 | 3 | 41 | 38 | 7 |
| EPS (₹) | 0.34 | 6.55 | 7.59 | 1.01 | 0.45 | 6.66 | 6.18 | 1.13 |
| Revenue YoY | -17.7% | -2.7% | -9.1% | -4.0% | ||||
| Profit YoY | +33.2% | +1.7% | -18.7% | +11.5% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 195 | 337 | 385 | 408 | 384 | 381 |
| EBITDA | 32 | 95 | 113 | 122 | 115 | 115 |
| Net profit | 13 | 65 | 81 | 92 | 87 | 88 |
| EPS (₹) | 2.12 | 10.61 | 13.29 | 15.07 | 14.31 | 14.42 |
| Revenue growth | +72.7% | +14.2% | +6.1% | -6.0% | -7.7% | |
| Profit growth | +401.7% | +25.4% | +13.4% | -5.1% | -6.9% | |
| Dividend / share (₹) | – | – | 5.00 | 6.00 | 3.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +4.4% | +30.5% | -7.6% |
| Net profit | +10.5% | – | -6.9% |
| EPS | +10.5% | – | – |
| Share price | – | -13.3% (2y) | -27.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 397 | 463 | 536 | 602 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 158 | 193 | 270 | 216 |
| Total assets | – | 504 | 563 | 651 | 724 |
| Fixed assets | – | 276 | 302 | 289 | 296 |
| Capital work in progress | – | 12 | 8 | 17 | 47 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 16 | 22 | 26 | 16 |
| Inventory | – | 15 | 14 | 14 | 14 |
| Payables | – | 48 | 43 | 50 | 51 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 38 | 91 | 78 | 109 | 100 |
| Cash from investing | -37 | -89 | -64 | -89 | -80 |
| Cash from financing | -1 | -2 | -17 | -19 | -22 |
| Capex | 16 | 20 | 37 | 28 | 61 |
| Free cash flow | 22 | 72 | 40 | 81 | 40 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 16.3% | 17.5% | 17.1% | 14.5% |
| ROCE % | – | 21.5% | 23.7% | 23.1% | 19.5% |
| Debtor days | – | 17 | 21 | 24 | 15 |
| Inventory days | – | 200 | 190 | 169 | 175 |
| Payable days | – | 645 | 560 | 618 | 630 |
| Cash conversion cycle (days) | – | -428 | -349 | -425 | -440 |
| Working capital days | – | 144 | 168 | 225 | 176 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 75.00% |
| FIIs | 13.64% |
| DIIs | 0.00% |
| of which Mutual funds | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 11.36% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| Promoter group | % |
|---|---|
| Eih Limited | 36.81% |
| Satish B Raheja | 22.27% |
| Hathway Investments Private Limited | 14.33% |
| Oberoi Holdings Private Limited | 0.89% |
| Oberoi Hotels Private Limited | 0.37% |
| Late P R S Oberoi | 0.17% |
| Rajan B Raheja | 0.09% |
| Akshay Rajan Raheja | 0.03% |
| Viren Rajan Raheja | 0.03% |
| Oberoi Plaza Private Ltd | 0.01% |
| Bombay Plaza Private Limited | 0.01% |
| Aneesha Akshay Raheja | 0.00% |
| Suman Raheja | 0.00% |
| Viraj A Raheja | 0.00% |
| Rajvir A Raheja | 0.00% |
| Public holders above 1% | % |
|---|---|
| Jupiter India Fund | 9.98% |
| The Jupiter Global Fund - Jupiter India Select | 3.21% |
| Hemendra M Kothari | 1.23% |
25,711 shareholders. Pledged: 0.00% of promoter shares.
Peers in Hotels & Resorts
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| INDHOTEL | ₹1,13,231 cr | 51.2x | 8.3x | 17.5% | 24.3% | 35.5% | +18.6% | 0.30% |
| ITCHOTELS | ₹34,226 cr | 39.5x | 2.9x | 7.7% | 10.1% | 32.7% | – | – |
| THELEELA | ₹19,468 cr | 31.3x | 3.0x | 5.0% | 9.1% | 48.6% | – | – |
| EIHOTEL | ₹18,060 cr | 25.4x | 3.4x | 14.4% | 19.7% | 33.4% | +13.3% | 0.58% |
| CHALET | ₹17,484 cr | 33.1x | 4.7x | 15.7% | 14.2% | 44.1% | +34.9% | 0.12% |
| VENTIVE | ₹12,654 cr | 26.4x | 2.3x | 9.9% | 12.4% | 42.9% | – | – |
| LEMONTREE | ₹8,721 cr | 37.1x | 6.3x | 18.4% | 15.8% | 45.3% | +18.2% | – |
| ITDC | ₹5,174 cr | 63.1x | 12.2x | 21.3% | 27.2% | 16.9% | +4.8% | 0.48% |
| JUNIPER | ₹4,474 cr | 27.0x | 1.6x | 5.9% | 8.6% | 37.4% | – | – |
| EIHAHOTELS | ₹1,690 cr | 19.2x | 2.8x | 15.4% | 19.5% | 30.1% | +4.4% | 1.26% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-28 | Dividend | Dividend - Rs 3.50 Per Share |
| 2025-07-28 | Dividend | Dividend - Rs 3.50 Per Share |
| 2024-08-13 | Dividend | Dividend - Rs 6 Per Share |
| 2024-08-13 | Bonus | Bonus 1:1 |
| 2023-07-31 | Dividend | Dividend - Rs 5 Per Share |
| 2022-07-15 | Other | Annual General Meeting |
| 2021-07-16 | Other | Annual General Meeting |
| 2020-08-03 | Other | Annual General Meeting |
| 2019-07-19 | Dividend | Annual General Meeting/ Dividend - Rs 4.50 Per Share |
| 2018-07-25 | Dividend | Annual General Meeting/Dividend Rs 4.50/- Per Share |
| 2017-07-26 | Dividend | Annual General Meeting/Dividend - Rs 4.50 Per Share |
| 2016-07-25 | Dividend | Annual General Meeting/Dividend Re 1/- Per Share |
| 2016-03-17 | Dividend | Interim Dividend - Rs 3/- Per Share (Purpose Revised) |
| 2015-07-22 | Dividend | Annual General Meeting/Dividend - Rs 3/- Per Share |
| 2014-07-23 | Dividend | Annual General Meeting/Dividend - Rs.3/- Per Share |
| 2013-07-23 | Dividend | Annual General Meeting And Dividend Re.1/- Per Share |
| 2012-09-11 | Rights | Rights 5:9 @ Premium Rs.90/- Per Share |
| 2012-07-24 | Dividend | Annual General Meeting/Dividend Rs 3 Per Share |
| 2011-07-25 | Dividend | Annual General Meeting And Dividend Rs.2.50 Per Share |
| 2010-07-08 | Dividend | Annual General Meeting And Dividend Rs.1.50 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Hotel Services: Accommodation, Food & Beverage and Other Services provided by hotel, resorts, restaurants, caterers, etc.
| Sector | Consumer Discretionary |
| Industry | Hotels & Resorts |
| Sub-industry | Hotels & Resorts |
| Symbol | EIHAHOTELS |
| BSE code | 523127 |
| ISIN | INE276C01014 |
| Face value | ₹10.0 |
| Incorporated | 1983-03-21 |
| Website | www.eihassociatedhotels.in |
| Plants (India / abroad) | 7 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.