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'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.
As of 27 May 2026, EIH Limited share price is ₹319.90. The stock opened at ₹321.05, compared to its previous close of ₹321.05. During today's trading session, EIH Limited share price moved in the range of ₹318.50 to ₹324.00, with an average price of ₹321.25 for the day. Looking at its last 52-week, the stock has touched a low of ₹318.50 and a high of ₹324.00.
The market capitalization of EIH Limited is ₹20,077 Crs, with a P/E ratio of 29.8 and a dividend yield of 0.47%.