Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Oct
Source: Bse
EIH Limited (EIHOTEL)
Large CapConsumer stocks · Large cap · NSE
EIH Limited operates luxury hotels under 'The Oberoi' and 'Trident' brands, with a widespread presence across India and internationally. The company also manages luxury Nile Cruisers, focusing on premium hospitality experiences.
Data qualityFresh enough for analysisQuote updated 21 Oct, 12:15 pm ISTDetails
Quote21 Oct, 12:15 pm IST
Base fundamentals17 Oct 2026 · screener
Latest result07 Aug, 12:21 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
44NeutralMACD + · sector -4.3pp vs Nifty 500 (3M)
Stock trend: 51
Sector RS: 33
Sector 3M: -10.2% vs Nifty 500 -6.0%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
EIHOTELD candles · FIT view-9.7%TODAY · PROVISIONALLatest price ₹294.45 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-3.1%
RSI
48
MACD hist
0.61
52W pos
17%
2026-10-21O ₹304.00H ₹304.00L ₹292.60C ₹294.45Vol 92,647 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
EIHOTELNifty Consumer DurablesNifty 500
- EIHOTEL
- -10.4%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- -4.8 pp
Chart stats
19 Oct 2026- From 52W high
- -24.7%
- 52W range position
- 25%
- ATR (14)
- 3.0%
- Volume vs 20D
- 0.62x
- Avg traded value
- ₹13.4 Cr
- 20D price channel
- ₹285.1 - ₹318.7
₹405
₹271.2 - ₹405
₹9
Latest completed session
20-session average
22.2% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · FAIR VALUE50
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good57
Revenue +14.5% · PAT +224.3% YoY
Technical
Neutral44
Price trend and sector-relative-strength timing.
Valuation
Legacy model+22.3%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence74
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Good · 57/100Rev +14% YoY · PAT +224% YoY · operating leverage · margin compression
Filed 06 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹657 Cr | +14.5% | -26.6% |
| EBITDA | ₹167 Cr | +4.4% | -50.0% |
| Operating margin | 25.0% | -300 bps | -1200 bps |
| PAT | ₹120 Cr | +224.3% | -51.8% |
| PAT margin | 18.3% | +1181 bps | -956 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 26.00
- P/B
- 3.59
- EV/EBITDA
- 16.29
- Market Cap
- 18902.00Cr
Profitability
- ROE
- 14.50%
- ROCE
- 20.70%
- ROA
- 11.32%
- Dividend Y
- 0.50%
Growth (CAGR)
- Revenue 5Y
- 43.00%
- EPS 5Y
- 32.00%
- Revenue 3Y
- 13.00%
- EPS 3Y
- 25.00%
Balance Sheet
- Debt/Equity
- 0.05
- Interest Coverage
- 44.78×
- Altman Z
- 8.37
- Book Value
- 84.20
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 8/5
- OCF
- 993.00 Cr
- EPS TTM
- 11.38
Shareholding
- Promoter Hold
- 32.85%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 23%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 3,023+2.8% vs prev
Net Profit
₹ CrLatest: 657-14.7% vs prev
Return on Equity
%Latest: 12.5-25.2% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 48. Wait for confirmation.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 48 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 27% off 52W high · 9% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
29
RS percentile
Stage 1 Base / Transition
1M return
-4.1%
3M return
-10.4%
6M return
-10.0%
1Y return
-22.5%
RS 1D
+1
RS 20D
-6
Sector rank
#8
Industry rank
#11
Stage evidence
- Price is within 1.8% of the 30-week proxy.
- The 30-week proxy changed -0.9% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price above
200-DMA
price below
Sector
neutral
Industry
neutral
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 86.05+1.91%
RS vs Nifty 50086
Valuation & peers
U-Score 50 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 50 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Financial Turnaround
Fundamental score breakdown
U band · FAIR VALUEValuation4/30
Growth19/25
Quality9/20
Balance Sheet9/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
50
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
50/100 · legacy band FAIR VALUE
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 22.3%.
- Growth contributes 19/25 to the score.
Main drags
- Valuation is weaker at 4/30; verify the latest quarterly trend.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
- Quality is weaker at 9/20; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
26.0
PB
3.6
EV/EBITDA
16.3
ROE
14.5%
ROCE
20.7%
FCF Yield
—
Debt/Equity
0.1
MoS
+22.3%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
50
Previous: 50
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+22.3%
Previous: +19.6%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
51
51
51
51
51
51
51
50
50
50
50
50
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹146.83
-100.5% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹378.95
+22.3% MoS
PEG
0.89
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
CHALET
Large
Chalet Hotels Limited
Hospitality
match 164
54
34.8
19.0%
-5%
FAIR VALUE
THELEELA
Large
Leela Palaces Hotels & Resorts Limited
Hospitality
match 162
32
43.9
8.2%
-35%
WATCHLIST
LEMONTREE
Large
Lemon Tree Hotels Limited
Hospitality
match 158
44
34.5
19.2%
-13%
WATCHLIST
ITCHOTELS
Large
ITC Hotels Limited
Hospitality
match 155
31
35.5
7.9%
-14%
OVERVALUED
VENTIVE
Small
Ventive Hospitality Limited
Hospitality
match 154
39
26.4
8.3%
+18%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-06-12T08:24:25.071Z
Management commentary snapshot
Q4 FY26 consolidated revenue grew 10% YoY to INR 954 Cr, with EBITDA up 1% to INR 393 Cr. Full-year FY26 consolidated revenue rose 8% YoY to INR 3,106 Cr, and EBITDA increased 3% to INR 1,190 Cr. Full-year PAT declined due to higher exceptional items.
EIH Limited delivered resilient FY26 performance with strong rate-led growth, maintaining RevPAR leadership despite Q4 occupancy moderation. The substantial pipeline of owned and managed hotels supports future expansion, though full-year PAT was impacted by exceptional items.
Growth engines
Strong ARR growth
EIH's Q4 FY26 All Domestic Hotels ARR grew to INR 26,536 from INR 23,648 YoY.
RevPAR leadership
EIH maintains consistent RevPAR leadership over STR Competition Set, with 13 of 15 hotels ranked 1st or 2nd.
Luxury & Upper Upscale segment growth
'The Oberoi' and 'Trident' hotels achieved 10.4% and 10.2% FY26 RevPAR growth respectively.
Capacity and execution
Owned Hotels Development Pipeline
7 properties, 825 keys, including Trident Visakhapatnam (2027), The Oberoi Goa (2028), The Oberoi London (2028), Trident Tirupati (2029), The Oberoi Gandikota (2030), Oberoi Hebbal (2030), Trident Hebbal (2030).
Managed Hotels Development Pipeline
24 properties, 1,893 keys, across Oberoi, Trident, Luxury Boats and Nile Cruiser, with expected openings from 2026 to TBD.
Tailwinds
Resilient Hospitality Industry
India’s hospitality sector remained strong in FY26 despite multiple disruptions.
Rate-led growth
Industry delivered strong rate-led growth with ARR growing at ~10% in FY26.
Corporate, weddings and MICE demand
Corporate, weddings and MICE demand remained resilient in Q4 FY26.
Headwinds
Q4 Occupancy Moderation
EIH All Domestic Hotels Occupancy declined to 78% in Q4 FY26 from 82% in Q4 FY25 YoY.
Full-year PAT Impact from Exceptional Items
Full-year FY26 Consolidated PAT declined to INR 657 Cr from INR 770 Cr YoY, impacted by INR 132 Cr exceptional items.
Subdued Q4 Air Traffic Growth
Q4 air traffic growth stayed subdued, with March at ~1% YoY.
Risk radar
Pipeline Project Execution Risks
Pipeline projects are subject to various risks and uncertainties beyond the Company’s control, including market conditions, regulatory changes, and development challenges.
General Business Risks
Forward-looking statements are subject to various risks and uncertainties beyond the Company’s control, including economic developments, competitive pressures, and operational challenges.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare BOTH
The document provides both Q4 (sequential momentum, recent trends) and FY (overall annual performance, less seasonal impact) comparisons, both of which are crucial for assessing a hospitality business.
Sector KPIs management disclosed
Q4 FY26 EIH All Domestic Hotels Occupancy
78% (vs 82% in Q4 FY25)
Q4 FY26 EIH All Domestic Hotels ARR
INR 26,536 (vs INR 23,648 in Q4 FY25)
Q4 FY26 EIH All Domestic Hotels RevPAR
INR 20,758 (vs INR 19,286 in Q4 FY25)
FY26 'The Oberoi' Hotels RevPAR Growth
10.4% YoY
Management forward view
Long-term Growth Plans
Healthy liquidity to enable long-term growth plans.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| EIH All Domestic Hotels Occupancy | 78% (Q4 FY26) | Recovery from Q4 YoY decline and sustained improvement. |
| Consolidated PAT (ex-exceptional items) | INR 812 Cr (FY26) | Sustained profitability without significant recurrence of exceptional items. |
| Pipeline Commissioning | 31 properties (owned & managed) in pipeline | Timely execution and revenue contribution from new keys. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
74Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 75th percentile of the scored universe and 78th percentile within Consumer. Main check: results consistency is weak at 43/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 21 Oct 2026
management-trust-v1
101 docs text-extracted · 29 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
75th percentile
overall median 67 · Consumer: 78th pctile, median 66 · Large: 55th pctile, median 73
Evidence depth
Financial-only
101 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
82
strong · capital discipline
Results
43
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸8 years of positive FCF.
- ▸Debt/equity is 0.05.
- ▸ROCE is 20.7%.
Trust risks
- ▸1/4 latest quarters had positive YoY PAT growth.
- ▸OPM spread across recent quarters is 20%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching EIH Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 27 Aug - EIH Ltd will meet Ashika Institutional Equities on 1 September 2026 at 11:30 A.M.
Source: Bse
Concall transcriptAug 2026
Aug 2026 · Transcript
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
Annual reportAug 2026
Aug 2026 · Letter Dispatched To The Members Of The Company- Weblink Of The Annual Report FY 2025-26 14 Jul - EIH Limited’s 76th AGM is on 7 August 2026; annual report FY2025-26 web link shared.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Jul
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 14 Jul - EIH filed its FY2025-26 annual report, highlighting revenue, profits, dividends, and expansion plans.
Source: Bse
Concall transcriptJun 2026
Jun 2026 · Transcript
Source: Bse
Investor presentationJun 2026
Jun 2026 · PPT
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 6 Aug - EIH Q1 FY27 revenue rose 15% to ₹698 crore; PAT ₹120 crore, plus new hotel pipeline additions.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Jun
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Jun
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.