EIH Ltd. reported Q1 FY27 revenue of ₹698 Cr (+15% YoY) and EBITDA of ₹207 Cr, with PAT at ₹120 Cr.
Management highlighted robust domestic demand mitigating the impact of reduced foreign arrivals from the West Asia crisis.
EBITDA margins were affected by the ramp-up of Oberoi Rajgarh, increased marketing and IT spending, and renovation write-offs.
Occupancy and ARR improved, with Trident showing strong growth, particularly in Mumbai.
The company plans to operationalize approximately 30 new properties by 2031. Renovations are strategically scheduled during low-occupancy periods to minimize revenue impact.
Management expresses optimism about future growth and strategic expansion.
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