stock logo

100% Buy

EIH Limited Share Price

EIHOTEL

₹424.20-₹3.20 (-0.75%) TodayLast updated on 12 Jul, 2024 | 03:29 PM IST
₹421.20₹430.00
L
Show Current Price
H
  • News

  • Company overview

  • Fundamentals

  • Events

  • More

Company overview

Financial performance

arrow

Market cap

Market Cap Switch₹26,494 Crs

Open

₹430.00

Close

₹427.40

Circuit range

₹508.35 - ₹338.95

Day range

₹421.20 - ₹430.00

Year range

₹205.05 - ₹502.20

Volume

2,53,794

Avg. traded

₹424.58

Revenue (12m)

₹2,511 Crs

EIH Limited

EIH Limited owns luxury hotel chains and cruisers under the Oberoi and Trident brands. A part of the Oberoi Group, the company's range of services includes flight catering, airport lounges, travel and excursions, vehicle rentals, project management services and corporate air charters.

The company was founded by Rai Bahadur Mohan Singh Oberoi, one of the pioneers of the hospitality industry in India. EIH Ltd was incorporated as East India Hotels Ltd in 1949. It was listed on the Bombay Stock Exchange (BSE) in 1956.

EIH Limited's market capitalisation stood at nearly ₹26,000 crore, as of February 8, 2024. EIH share price has surged over 320% in the last three years.

EIH Limited business operations

EIH Limited's network comprises 4,935 rooms across hotels in more than 24 cities in India and 7 countries worldwide. The Oberoi Group currently manages 20 luxury hotels under the Oberoi Hotels & Resorts brand and 10 five-star properties under the Trident Hotels brand. In addition, the group also manages Clarkes Hotel, Shimla and Maidens Hotel in north Delhi.

EIH Limited started with the business of lease and operation of The Oberoi Palace Hotel in Srinagar, Jammu and Kashmir. The company commenced its flight services in 1957. In 1965, EIH Ltd built its first hotel– The Oberoi Intercontinental, now known as The Oberoi New Delhi. The company, later, acquired Associated Hotels of India Limited and Hotels (1938) Private Limited. Pursuant to this acquisition, the company took over five hotels including The Oberoi Grand in Kolkata, The Oberoi Cecil in Shimla and The Maidens Hotel in Delhi.

The company began the operation of its iconic The Oberoi Towers in Mumbai in 1973. The next year, it established a printing press in New Delhi to meet the company’s in-house needs.

The company signed a 10-year contract with the Airports Authority of India (AAI) in 1986 to operate all snack bars and restaurants at the domestic and international terminals in Mumbai.

EIH Limited's GDRs were listed on the London Stock Exchange in 1994. The next year, the company entered into a joint venture with the Government of Himachal Pradesh to promote Mashobra Resort Ltd, Shimla. The company owned 78.79% stake in this joint venture. In 1996, the company was renamed to its present name EIH Limited.

In 1997, the company launched The Oberoi Rajvilas in Jaipur, its first luxury leisure resort in India. It also entered into a joint venture with Goyals and Bhasins to promote Mumtaz Hotels Ltd (The Oberoi Amarvilas, Agra). EIH holds a 60% stake in the JV.

EIH Limited diversified its portfolio with other businesses in 2006. The company acquired a 66.67% stake in Mercury Car Rentals Limited, a joint venture with AVIS Europe. The company's printing press in New Delhi was granted permission to print security stationery for banks by the Indian Banks' Association.

EIH Flight Services Limited, Mauritius, was established as a wholly-owned subsidiary of the company in 2008.

The company suffered a jolt with the terrorist attacks at Trident Nariman Point and The Oberoi, Mumbai in November 2008. The attacks resulted in the temporary closure of both hotels. While Trident, Nariman Point reopened on December 21, 2008, The Oberoi resumed operations following a full renovation and increased in security measures in 2010. The next year, the company opened Oberoi Gurgaon (managed property). The company entered into flight catering business in 2012 with a facility in New Delhi with a capacity of 18,000 meals per day.

EIH Ltd Financial highlights

  • The company's total income in FY23 more than doubled to ₹2,096.4 crore, compared to ₹1044 crore in FY22.
  • The company reported a net profit of ₹329 crore in FY23, compared to a net loss of ₹95 crore in FY22.
  • Its EBITDA (earnings before interest, taxes, depreciation and amortisation) stood at ₹675 crore in FY23, compared to ₹574.16 crore in FY22.
  • Its earnings per share (EPS) stood at ₹5.03 in FY23 as against ₹(-1.56) in FY22.

EIH Limited Key indicators

arrow

52 week high

₹502.20

52 week low

₹205.05

P/E ratio

41.45

P/B ratio

6.72

ROE

10.8%

ROCE

14.75%

Dividend yield

0.28%

Debt/Equity ratio

0.02

EPS

5.12

Learn more

Investment checklist: (4/6)

arrow
check status

Equity returns

check status

Dividend returns

check status

Safety factor

check status

Growth factor

check status

Debt vs Equity

check status

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

arrow

Buy

100%

Hold

0%

Sell

0%

This analysis is based on the reviews of 1 experts in the last 7 days

Fundamentals

Financial ratios

arrow
  • Profitability

  • Operational

  • Valuation

Operating profit margin

35.27%

Net profit margin

18.05%

ROE

10.8%

ROA

8.54%

ROCE

14.75%

Learn more

EIH Limited Shareholder returns

arrow

1 day

-0.88%

1 week

-1.33%

1 month

-0.07%

3 months

-10.88%

1 year

+97.55%

3 years

+261.78%

5 years

+146.59%

EIH Limited Share Price history

arrow
DayOpenCloseDay’s change
Fri, Jul 12 2024
₹430.00
₹423.65
-0.88%
Thu, Jul 11 2024
₹428.20
₹427.40
+1.05%
Wed, Jul 10 2024
₹432.00
₹422.95
-1.74%
Tue, Jul 9 2024
₹432.45
₹430.45
-0.46%
Mon, Jul 8 2024
₹432.00
₹432.45
+0.72%
Fri, Jul 5 2024
₹425.60
₹429.35
+1.04%
Thu, Jul 4 2024
₹424.20
₹424.95
+0.28%
Wed, Jul 3 2024
₹423.55
₹423.75
+0.12%

Shareholding info

arrow

Promoters (32.85%)

Mutual Funds (12.41%)

Retail and other (48.13%)

Foreign institutions-FII (5.25%)

Other domestic institutions (1.36%)

Retail and other

Learn more

Events

Corporate actions

arrow
  • Dividend • ₹1.1/share

    Ex date 02 Aug 2023

    expand tab
  • Dividend • ₹1.2/share

    Ex date

    expand tab

Learn more

Frequently asked questions