Open Demat Account

50years
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
left-arrow
Fundamentals
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
right-arrow

EIH Ltd Performance

Today's Low
435.20
arrowIcon
Today's High
456.70
52 Wk Low
168.65
arrowIcon
52 Wk High
502.20


Open

443

Traded Value (Cr)

38.22 Cr

Prev. Close

455.4

VWAP

449.3

Volume

6,22,269

Face Value

2

EIH Ltd Fundamentals

Market Cap
₹ 30,499 Cr
P/E Ratio (TTM)
55.29
P/B Ratio
8.70
Debt to Equity
0.06
ROE
12.10 %
EPS (TTM)
8.82
Dividend Yield
0.23%
Book Value
56.05

Click here to know more about Fundamentals

EIH Ltd Financials

EIH Ltd Financials

EIH Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Others 38.40 % 38.87 % 38.96 % 38.87 %
Promoters 32.85 % 32.85 % 32.85 % 32.85 %
Mutual Funds 12.41 % 12.57 % 12.05 % 11.84 %
Retail 11.09 % 12.01 % 11.77 % 12.42 %
FII 5.25 % 3.71 % 4.38 % 4.03 %

Others

38.40%

Promoters

32.85%

Mutual Funds

12.41%

Retail

11.09%

FII

5.25%

Others

38.87%

Promoters

32.85%

Mutual Funds

12.57%

Retail

12.01%

FII

3.71%

Others

38.96%

Promoters

32.85%

Mutual Funds

12.05%

Retail

11.77%

FII

4.38%

Others

38.87%

Promoters

32.85%

Mutual Funds

11.84%

Retail

12.42%

FII

4.03%

Resistance and Support

₹465.08

PIVOT

resistance-arrow
Resistance
First Resistance₹477.067
Second Resistance₹486.933
Third Resistance₹498.917
support-arrow
Support
First Resistance₹455.217
Second Resistance₹443.233
Third Resistance₹433.367
RSI55.677
MACD24.828
ADX16.259
CCI-23.164

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day622,269555,91665.95
Week633,802408,07669.52
1 Month840,191511,43558.71
6 Months622,269372,04459.79

About EIH Ltd

EIH Ltd, the flagship company of Oberoi Group is one of the largest chains of hotels in India. The Oberoi Group is the owner and operator of 19 outstanding hotels, resorts and a luxury River Nile cruiser in Egypt under the Oberoi Hotels & Resorts brand and 10 five-star properties under the Trident Hotels label. In addition, the Group proudly own and manage the prestigious Maidens Hotel in New Delhi. Its comprehensive range of services include flight catering, airport lounges, travel and excursions, vehicle rentals, project management services and corporate air charters. The Company is in the business of luxury hotels, restaurant, management contracts and travel and tours. They operate hotels under the brand name 'Oberoi' and 'Trident'. The luxury hotels are operated under the Oberoi brand and five-star hotels are operated under the Trident brand. The hotels owned and managed by the Company are The Oberoi, Mumbai; The Oberoi Udaivilas, Udaipur; The Oberoi, New Delhi; The Oberoi, Bangalore; The Oberoi Grand, Kolkata; The Oberoi Vanyavilas, Ranthambhore; Trident, Nariman Point, Mumbai, and Trident, Bandra Kurla, Mumbai. Other business units owned and managed by the Company include Motor Vessel Vrinda, Cochin (a luxury cruiser); Oberoi Airport Services, Mumbai, Delhi, Chennai, Kolkata, Cochin, Bangalore; Business Aircraft Charters and luxury car hire. EIH Ltd was incorporated on May 26, 1949 as a Public Limited Company with the name East India Hotels Ltd. Initially, the Company was in the business of lessee and operator of The Oberoi Palace Hotel in Srinagar, Kashmir. In the year 1956, the Equity Shares of the Company were fist listed on BSE. In the year 1965, they built their first hotel, The Oberoi Intercontinental, now known as The Oberoi, New Delhi. In September 9, 1968, The Associated Hotels of India Ltd and Hotels (1938) Pvt Ltd were amalgamated with the company pursuant to which the company acquired five hotels including, The Oberoi Grand in Kolkata, The Maidens Hotel in Delhi and The Oberoi Cecil, Shimla. In 1973, the company commenced operations at the Oberoi Towers in Mumbai and subsequently expanded their operations from the five star deluxe segment to 'Trident' branded hotels which were targeted at business and leisure customers seeking high-quality service at more affordable prices. In the year 1986, the company forayed into the airport services business by entering into a ten year contract with the International Airport's Authority to operate all the snack bars and restaurants at the domestic and international terminals in Mumbai. In November 1996, the company changed their name from East India Hotels Ltd to EIH Ltd. In January 1997, the company opened an international luxury resort namely, The Oberoi Lombok in Indonesia. In April 1997, they opened the luxury resort hotel in the Himalayas. During the year 2001-02, Mumtaz Hotel Ltd became the subsidiary company, which owns the 5-Star luxury hotel 'Amarvilas', an Oberoi Resort at Agra. Also, the company opened Vanyavilas, an Oberoi Resort at Ranthambhore during the year. During the year 2002-03, the company commenced their flight catering operations in Chennai after acquiring the business from EIH Associated Hotels Ltd. The hotel 'Udaivilas' in Udaipur was opened on August 15, 2002. The company renamed 'Vilas' hotels as The Oberoi Rajvilas, The Oberoi Amarvilas and The Oberoi Udaivilas with effect from October 1, 2003. Re-naming was done in order to remove the misconception from mind of customers that the Vilas hotels were separate from the Oberoi brand. In November 2003, the company launched Motor Vessel Vrinda, a luxury Crusier in the backwaters of Kerala. In March 2004, the company signed an agreement with Hilton International to co brand their Trident hotels in India. The Oberoi Towers, Mumbai was re-branded Hilton Towers and the Trident in Jaipur, Udaipur, Agra, Chennai, Cochin, Bhubaneshwar and Gurgaon were re-branded as Trident Hilton with effect from April 1, 2004. During the year 2004-05, the company opened two new restaurants namely, 'threesixty degree' and 'Travertino' at The Oberoi, New Delhi. They also opened a new restaurant namely, 'Tiffin' at The Oberoi, Mumbai. During the year 2005-06, they commenced their Flight Service Operations at Bangalore to cater to increased flights to that city. The company transferred Oberoi Cecil in Shimla and Trident Hilton in Bhubaneshwar to EIH Associated Hotels Ltd with effect from April 1, 2006. During the year 2007-08, the company completed the process of amalgamation of the company's wholly owned subsidiary, Rajgarh Palace Hotel and Resorts Ltd. Oberoi Hotels & Resorts was rated the leading luxury hotel brand in Asia in a Travel agents' poll at the World Travel Awards, 2007. Trident Hotels was rated the best first class hotel brand in India at the Galileo-Express Travel World Awards, 2007. The company terminated the strategic marketing and co-branding alliance with leading global hotel chain Hilton International Co with effect from April 1, 2008. The company signed Management Contracts through their foreign subsidiary for two The Oberoi Luxury Hotels in Abu Dhabi and one in Oman. During the year 2008-09, the company signed the Management Contracts for setting up and operating Flight Kitchens at Cochin and Calicut Airports. Balamurie Island Resort Pvt Ltd has ceased to be a joint venture company. In December 21, 2008, The Trident, Nariman Point was restored and reopened for business. In December 1, 2009, the company opened the 440 key Trident at Bandra Kurla, Mumbai, which has three speciality restaurants, each with their own distinctive cuisine and ambience. The Oberoi, Mumbai which was closed after substantial damage following the terror attacks on November 26, 2008 reopened on April 24, 2010. In June 30, 2010, EIH International Ltd, a wholly owned subsidiary of the company, completed the acquisition of the 45.85% equity interest of Amex Investment Ltd, in their international hotels Joint Venture Company EIH Holdings Ltd, for USD 45 million. With this acquisition EIH Holdings Ltd, became wholly owned subsidiary of EIH International Ltd. Also, EIH Holdings Ltd signed a Management Contract for a hotel at Scorpio Bay, Greece and a second Oberoi hotel in Mauritius. In August 30, 2010, some shareholders of the company, namely Oberoi Hotels Pvt Ltd, Aravali Polymers LLP and Prithvi Raj Singh Oberoi sold 5,54,70,303 shares, representing approximately 14.12% of the share capital of the company to Reliance Industries Investment and Holding Pvt Ltd at a cost of Rs 1021 crore. In 2010, EIH's luxury hotel at Nariman Point in Mumbai the Oberoi, Mumbai reopened after full renovation subsequent to the terrorist attacks in 2008. On 24 February 2011, EIH informed the stock exchanges that it recognised Rs 96.76 crore and Rs 52.67 crore as income on account of insurance claim against losses due to business interruption during the Financial Years 2008-09 and 2009-10, respectively. Against the said claim, the insurance company has settled an amount of Rs 112.45 crore on 22 February 2011, resulting in a shortfall of Rs 36.98 crore which will be accounted for as loss during the quarter and financial year ending 31 March 2011. Further, against losses on account of damage to the company's properties as per books of account amounting to Rs 10.71 crore, the insurance company has settled the claim at Rs 17.42 crore on replacement value basis on 22 February 2011 resulting in a surplus of Rs 6.70 crore which will be accounted for as income during the quarter and financial year ending 31 March 2011. On 28 March 2011, EIH announced that the company has successfully completed its Rights Issue of 17.86 crore equity shares with a face value of Rs 2 each at a premium of Rs 64 per Equity Share (Issue Price Rs 66 per Equity Share) amounting to Rs 1178.86 crore to the existing shareholders. The Rights were given to those shareholders whose name appeared in the books of the company as on 22 February 2011, the record date fixed for the purpose, in the ratio of 5 Equity Shares for every 11 Equity Shares held. Giving an update on the company's ongoing projects, EIH said at the time of announcement of Q1 June 2011 results on 9 Aug 2011 that MOUs have been signed in respect of hotel projects at Pune and Casablanca, Morocco.The company's hotel property Oberoi, Dubai opened in June 2013 followed by Trident, Hyderabad which opened in September 2013. On 30 January 2016, EIH Limited announced closure of operations for its hotel The Oberoi New Delhi from 1 April 2016 for major renovation of the property. On 2 March 2017, EIH Limited announced that the company has delisted its GDRs from the London Stock Exchange, effective 28 February 2017 and accordingly the Deposit Agreement, dated 7 October 1994, between the company and The Bank of New York Mellon (the Depository) has also been terminated. As a result of the termination of the Deposit Agreement, any remaining holders of the GDRs will receive the net proceeds of the sale of the underlying equity shares sold by the Depository. At the time of announcement of Q4 March 2018 results on 30 May 2018, EIH Limited announced that its hotel property The Oberoi, New Delhi which was originally scheduled to reopen in early April 2018 has opened ahead of schedule on 1 January 2018. The property reopened after major renovation. During period 2021-22, the Company sold entire shareholding in EIH Flight Services Ltd, Mauritius. During 2022-23, The Bay Club, managed by the Oberoi Group was opened in November 2022 in Mumbai.

Managing Director

Vikram Oberoi

Founded

1949

NSE Symbol

EIHOTEL

EIH Ltd Management

NameDesignation
Vikram OberoiManaging Director & CEO
Arjun OberoiExecutive Chairman
Anil NehruIndependent Director
Nita M AmbaniNon Executive Director
Manoj Harjivandas ModiNon Executive Director
Rajeev GuptaIndependent Director
Sudipto SarkarIndependent Director
Chhavi RajawatIndependent Director
Sanjay Gopal BhatnagarIndependent Director
Lalit Kumar SharmaCompany Sec. & Compli. Officer

EIH Ltd News

EIH spurts as board OKs for resort construction in Goa
EIH surged 5.70% to Rs 474.40 after its board approved the construction of an Oberoi Luxury Resort at Cavelossim Beach in South Goa with an investment of Rs 421 crore.
EIH gets approval for construction of resort in Goa
EIH announced that its board has approved the construction of an Oberoi Luxury Resort at Cavelossim Beach in South Goa with an investment of Rs 421 crore.
EIH hits record high after Q3 PAT climbs 52% YoY to Rs 230 cr
EIH surged 15.54% to Rs 410.35 after the company’s consolidated net profit jumped 52.2% to Rs 229.94 crore in Q3 FY24 as compared with Rs 151.08 crore in Q3 FY23.
EIH Ltd leads gainers in 'A' group
Action Construction Equipment Ltd, KIOCL Ltd, Indian Overseas Bank and One 97 Communications Ltd are among the other gainers in the BSE's 'A' group today, 07 February 2024.
EIH to table results
On 6 February 2024
EIH consolidated net profit rises 279.27% in the September 2023 quarter
Sales rise 32.30% to Rs 530.57 crore
EIH to announce Quarterly Result
On 3 November 2023
EIH Ltd leads losers in 'A' group
Action Construction Equipment Ltd, Rattanindia Power Ltd, Neuland Laboratories Ltd and Suzlon Energy Ltd are among the other losers in the BSE's 'A' group today, 04 September 2023.
EIH to hold board meeting
On 1 September 2023
Board of EIH to consider strategies for its future plans and operations
On 01 September 2023

Similar Stocks

CompanyMarket CapMarket PriceP/E Ratio
INDHOTEL₹ 84,986 Cr
₹ 597.05
(0.62 %)
80.09
CHALET₹ 19,185 Cr
₹ 879.65
(4.01 %)
77.82
LEMONTREE₹ 10,679 Cr
₹ 134.80
(0.33 %)
116.21
JUNIPER₹ 10,408 Cr
₹ 467.80
(0.53 %)
0.00
MHRIL₹ 8,072 Cr
₹ 399.70
(1.20 %)
45.23

EIH Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase EIH Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. EIH Ltd's share price is ₹453.35 as of April 19, 2024

EIH Ltd's P/E ratio is 55.29 times as of April 19, 2024.

EIH Ltd's most recent financial reports indicate a price-to-book ratio of 8.70, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. EIH Ltd's market is 30,499 Cr as on April 19, 2024.

The current financial records of EIH Ltd show a 12.10% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a EIH Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. EIH Ltd's 52-week high and low as of April 19, 2024 are ₹456.7 and ₹435.2 respectively.

As of the Mar 2024 quarter, the promoter shareholding in EIH Ltd stands at 32.85%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 3.71% to 5.25%.