EIH Ltd
EIH Ltd’s Growth & Expansion: 25 New Properties by 2030 🏨 | Q1 FY26 Results 📊
- EIH Ltd plans to expand with 25 new properties (2,033 keys) by 2030, including domestic and international locations.
- 'The Oberoi' hotels saw a 21% YoY increase in RevPAR (Revenue per Available Room).
- Q1 FY26 occupancy rates were between 61-63%, with ARR (Average Room Rate) ranging ₹7,600-7,800.
- Consolidated revenue for Q1 FY26 was ₹609.1 Cr, up 9% YoY; standalone revenue grew 15% YoY to ₹571.1 Cr.
- EBITDA for Q1 FY26 stood at ₹195.3 Cr, a 16% YoY increase; standalone EBITDA up 28% to ₹193.5 Cr.
- Profit after tax (PAT) for Q1 FY26 was ₹36.9 Cr, a 62% YoY decline, impacted by exceptional items of ₹110.5 Cr.
- EIH received multiple awards, including 'Best Hotel Group' by Telegraph Travel Awards and top rankings by Travel + Leisure.
- The Indian hotel sector is expected to grow, driven by domestic tourism, corporate travel, and infrastructure development.
- EIH maintains strong liquidity to support its long-term growth strategy.