EIH Associated Hotels Ltd
- Market Cap ₹ 1,926 Cr.
- Current Price ₹ 317
- High / Low ₹ 435 / 266
- Stock P/E 19.5
- Book Value ₹ 85.9
- Dividend Yield 1.10 %
- ROCE 25.7 %
- ROE 19.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 18.8% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 23.1%
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Services Leisure Services Hotels & Resorts
Part of BSE Allcap BSE Consumer Discretionary
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 216 | 229 | 245 | 264 | 264 | 264 | 249 | 101 | 195 | 337 | 385 | 408 | 396 | |
| 153 | 163 | 172 | 190 | 195 | 199 | 196 | 119 | 163 | 242 | 271 | 280 | 267 | |
| Operating Profit | 63 | 66 | 74 | 74 | 68 | 65 | 53 | -18 | 33 | 95 | 113 | 128 | 130 |
| OPM % | 29% | 29% | 30% | 28% | 26% | 25% | 21% | -17% | 17% | 28% | 29% | 31% | 33% |
| 0 | 1 | 2 | 8 | 5 | 8 | 6 | -2 | 2 | 7 | 13 | 13 | 16 | |
| Interest | 11 | 9 | 5 | 2 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 |
| Depreciation | 13 | 19 | 16 | 14 | 14 | 14 | 16 | 17 | 16 | 17 | 17 | 17 | 17 |
| Profit before tax | 38 | 40 | 55 | 65 | 59 | 58 | 43 | -37 | 18 | 85 | 109 | 123 | 129 |
| Tax % | 38% | 38% | 29% | 34% | 36% | 35% | 12% | -28% | 30% | 24% | 25% | 26% | |
| 24 | 25 | 39 | 43 | 38 | 38 | 38 | -27 | 13 | 65 | 81 | 92 | 96 | |
| EPS in Rs | 3.87 | 4.06 | 6.39 | 7.02 | 6.21 | 6.23 | 6.23 | -4.39 | 2.11 | 10.61 | 13.31 | 15.07 | 15.71 |
| Dividend Payout % | 39% | 37% | 31% | 32% | 36% | 36% | 0% | 0% | 0% | 24% | 23% | 23% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 10% |
| 3 Years: | 28% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 19% |
| 3 Years: | 93% |
| TTM: | 15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 23% |
| 3 Years: | 13% |
| 1 Year: | -14% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 12% |
| 3 Years: | 19% |
| Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 61 | 61 |
| Reserves | 181 | 186 | 212 | 251 | 272 | 293 | 315 | 288 | 302 | 366 | 432 | 476 | 463 |
| 74 | 63 | 35 | 1 | 2 | 1 | 3 | 2 | 2 | 5 | 4 | 4 | 4 | |
| 97 | 118 | 50 | 63 | 72 | 86 | 99 | 68 | 78 | 103 | 97 | 110 | 113 | |
| Total Liabilities | 382 | 397 | 328 | 345 | 376 | 411 | 447 | 389 | 412 | 504 | 563 | 651 | 641 |
| 271 | 263 | 256 | 248 | 243 | 252 | 283 | 279 | 278 | 276 | 302 | 289 | 282 | |
| CWIP | 1 | 1 | 1 | 3 | 3 | 4 | 5 | 6 | 5 | 12 | 8 | 17 | 38 |
| Investments | 1 | 1 | 1 | 19 | 40 | 45 | 51 | 51 | 74 | 140 | 153 | 200 | 176 |
| 109 | 132 | 70 | 75 | 90 | 110 | 108 | 54 | 55 | 77 | 100 | 145 | 145 | |
| Total Assets | 382 | 397 | 328 | 345 | 376 | 411 | 447 | 389 | 412 | 504 | 563 | 651 | 641 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 51 | 53 | 66 | 73 | 57 | 60 | 57 | -12 | 38 | 91 | 78 | 109 | |
| -8 | -24 | -15 | -26 | -46 | -42 | -34 | 9 | -37 | -89 | -64 | -89 | |
| -42 | -29 | -55 | -40 | -16 | -17 | -18 | -1 | -1 | -2 | -17 | -19 | |
| Net Cash Flow | 1 | 0 | -4 | 7 | -5 | 1 | 5 | -4 | 1 | 1 | -3 | 1 |
| Free Cash Flow | 43 | 28 | 51 | 64 | 46 | 36 | 21 | -34 | 23 | 72 | 41 | 81 |
| CFO/OP | 95% | 96% | 105% | 110% | 102% | 109% | 125% | 70% | 120% | 112% | 92% | 108% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 31 | 41 | 37 | 32 | 40 | 44 | 36 | 26 | 14 | 17 | 21 | 24 |
| Inventory Days | 200 | 202 | 208 | 188 | 184 | |||||||
| Days Payable | 491 | 516 | 470 | 480 | 671 | |||||||
| Cash Conversion Cycle | -260 | -274 | -225 | -260 | 40 | -444 | 36 | 26 | 14 | 17 | 21 | 24 |
| Working Capital Days | -23 | -1 | -37 | 5 | 9 | 3 | -21 | -49 | -29 | -27 | -15 | -17 |
| ROCE % | 17% | 18% | 22% | 24% | 20% | 19% | 14% | -9% | 6% | 23% | 25% | 26% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Properties Hotels |
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| Total Keys (Number of Rooms) Keys |
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| Revenue Generation Index (RGI) % |
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Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2d - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.
-
Closure of Trading Window
31 Mar - Trading window closed from 1 April 2026; opens 48 hours after audited FY2026 results.
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
27 Mar - GST penalty Rs33,03,083 on Trident Jaipur for ITC claims FY2018-19 to FY2022-23; order dated 27 Mar 2026.
-
Construction Of 10 Luxury Tents At Hotel Trident, Udaipur
11 Mar - Board approved 10 luxury tents at Hotel Trident Udaipur; Rs15 Crore, addition by October 2026.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Concalls
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
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May 2025Transcript PPT
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Mar 2025TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptAI SummaryPPT
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Jul 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptAI SummaryPPT
History[1]
The company was established in 1983 as Pleasant Hotels Ltd. Its name was changed in 1989 to Oberoi Associated Hotels Limited. Under further change, the Company was named EIH Associated Hotels Ltd