EIH Associated Hotels Ltd

EIH Associated Hotels Ltd

₹ 906 7.14%
14 Jun - close price
About

EIH Associated Hotels Ltd is primarily engaged in owning premium luxury hotels under the luxury 'Oberoi' and five-star 'Trident' brands.[1]

It is a Joint-Venture between the Oberoi Family and the Rajan Raheja Group.[2]

Key Points

History[1]
The company was established in 1983 as Pleasant Hotels Ltd. Its name was changed in 1989 to Oberoi Associated Hotels Limited. Pursuant to further change, Company was named EIH Associated Hotels Ltd

  • Market Cap 2,761 Cr.
  • Current Price 906
  • High / Low 926 / 414
  • Stock P/E 34.1
  • Book Value 152
  • Dividend Yield 0.66 %
  • ROCE 25.2 %
  • ROE 18.9 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Working capital days have increased from 25.4 days to 131 days

* 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

Sector: Hotels & Restaurants Industry: Hotels

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
48 13 45 77 61 60 59 111 108 67 59 127 132
42 26 39 50 48 49 52 66 76 56 58 74 82
Operating Profit 6 -13 6 26 13 11 7 45 32 10 0 52 50
OPM % 13% -104% 14% 35% 21% 18% 11% 41% 30% 16% 1% 41% 38%
-3 0 1 1 0 1 1 2 3 3 3 3 4
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 4 4 4 4 4 4 4 4 4 4 4 4 4
Profit before tax -1 -17 3 23 9 8 4 42 31 10 -1 51 49
Tax % 27% 42% 102% 30% 29% 30% 27% 29% 15% 25% 24% 25% 26%
-1 -10 -0 16 7 6 3 30 26 7 -1 38 37
EPS in Rs -0.31 -3.21 -0.02 5.25 2.21 1.86 0.85 9.90 8.59 2.38 -0.30 12.43 12.08
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
212 216 229 245 264 264 264 249 101 195 337 385
148 153 163 172 190 195 199 196 119 163 242 271
Operating Profit 64 63 66 74 74 68 65 53 -18 33 95 113
OPM % 30% 29% 29% 30% 28% 26% 25% 21% -17% 17% 28% 29%
0 0 1 2 8 5 8 6 -2 2 7 13
Interest 22 11 9 5 2 0 0 0 1 0 0 1
Depreciation 13 13 19 16 14 14 14 16 17 16 17 17
Profit before tax 30 38 40 55 65 59 58 43 -37 18 85 109
Tax % 31% 38% 38% 29% 34% 36% 35% 12% 28% 30% 24% 25%
20 24 25 39 43 38 38 38 -27 13 65 81
EPS in Rs 6.73 7.73 8.12 12.78 14.04 12.40 12.45 12.46 -8.78 4.23 21.21 26.60
Dividend Payout % 15% 39% 37% 31% 32% 36% 36% 0% 0% 0% 24% 23%
Compounded Sales Growth
10 Years: 6%
5 Years: 8%
3 Years: 56%
TTM: 14%
Compounded Profit Growth
10 Years: 13%
5 Years: 16%
3 Years: 79%
TTM: 25%
Stock Price CAGR
10 Years: 17%
5 Years: 21%
3 Years: 38%
1 Year: 75%
Return on Equity
10 Years: 12%
5 Years: 10%
3 Years: 14%
Last Year: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 30 30 30 30 30 30 30 30 30 30 30 30
Reserves 168 181 186 212 251 272 293 315 288 302 366 432
102 74 63 35 1 2 1 3 2 2 5 4
49 97 118 50 63 72 86 99 68 78 103 97
Total Liabilities 349 382 397 328 345 376 411 447 389 412 504 563
278 271 263 256 248 243 252 283 279 278 276 302
CWIP 2 1 1 1 3 3 4 5 6 5 12 8
Investments 1 1 1 1 19 40 45 51 51 74 140 153
69 109 132 70 75 90 110 108 54 55 77 100
Total Assets 349 382 397 328 345 376 411 447 389 412 504 563

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
52 51 53 66 73 57 60 57 -12 38 91 78
-6 -8 -24 -15 -26 -46 -42 -34 9 -37 -89 -64
-50 -42 -29 -55 -40 -16 -17 -18 -1 -1 -2 -17
Net Cash Flow -4 1 0 -4 7 -5 1 5 -4 1 1 -3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 31 31 41 37 32 40 44 36 26 14 17 21
Inventory Days 163 200 202 208 188 184 209 190
Days Payable 387 491 516 470 480 671 884 560
Cash Conversion Cycle -193 -260 -274 -225 -260 40 -444 -639 26 14 17 -348
Working Capital Days 30 32 50 -0 5 9 3 -20 -47 -29 -26 131
ROCE % 16% 17% 18% 22% 24% 20% 19% 14% -9% 6% 23%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.00% 0.00% 13.25% 13.31% 13.36% 13.41% 13.42% 13.41% 13.75% 13.88% 13.81% 13.68%
13.21% 13.21% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
11.79% 11.79% 11.75% 11.70% 11.65% 11.60% 11.59% 11.59% 11.25% 11.11% 11.20% 11.33%
No. of Shareholders 9,0059,6009,42110,33210,12210,57510,66810,79210,50311,91813,12813,920

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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