EIH Limited will hold an institutional meeting with Ashika Institutional Equities on September 1, 2026. The session is scheduled for 11:30 am.

The Oberoi Group member disclosed the schedule via a regulatory filing on August 27, 2026. The company noted that the timing of the meet is subject to change.

Lalit Kumar Sharma, Company Secretary at EIH Limited, signed the disclosure. The corporate office is located in Delhi, while the registered office remains in Kolkata.

EIH Limited reported a standalone net profit of ₹127 crore for the quarter ended June 30, 2026, marking a 248% year-on-year increase from ₹36.36 crore in Q1FY26. The significant jump was primarily driven by robust operational performance, with standalone revenue growing 15% to ₹658 crore and consolidated revenue rising 15% to ₹698 crore. Consolidated net profit attributable to owners rose 247% to ₹120 crore, reflecting strong underlying business momentum across its hotel portfolio. The dramatic improvement in profitability is notable given that the prior-year period included a ₹110.32 crore exceptional loss related to the Mashobra Resort Limited (MRL) dispute resolution, which was absent in Q1FY27.

Financial Performance Highlights

*Figures rounded as per press release summary; detailed financials show ₹599.80 crore standalone revenue and ₹117.14 crore consolidated PAT.

Operating expenses increased in line with revenue growth. Employee benefits expense rose to ₹148.73 crore (standalone) and ₹161.03 crore (consolidated), while other expenses grew to ₹237.09 crore and ₹260.69 crore respectively. Finance costs remained stable at ₹3.69 crore standalone and ₹5.59 crore consolidated. Earnings per share (basic) improved significantly to ₹2.03 from ₹0.58 on a standalone basis, and to ₹1.87 from ₹0.54 on a consolidated basis.

Operational Strength and Industry Leadership

Industry occupancy improved by 2-4% YoY, driving strong RevPAR growth of 11-13% YoY. Domestic demand, limited supply additions, and MICE momentum offset geopolitical and aviation-related headwinds. Domestic air traffic remained resilient, growing ~1.4% YoY in Q1 FY27 despite airline capacity constraints.

EIH maintains consistent RevPAR leadership over the STR competition set. For 'The Oberoi' hotels, RevPAR grew 8.2% to ₹16,090 in Q1FY27, compared to an India Luxury Segment growth of 13.2%. Trident Hotels saw a stronger outperformance, with RevPAR rising 13.8% to ₹10,490 against the India Upper Upscale Segment’s 9.2% growth. The company’s Relative Generation Index (RGI) stood at 161 for Oberoi and 162 for Trident, indicating superior pricing power relative to competitors.

Expansion and Strategic Initiatives

EIH Limited continues to strengthen its development pipeline through carefully selected projects that align with its long-term vision. Recent additions to its portfolio include The Oberoi Rajgarh Palace, Khajuraho, and Naila Fort, an Oberoi Residence in Jaipur. Naila Fort marks the first residence managed by EIH. Additionally, the company added six new properties under management agreements in the last quarter:

• The Oberoi, Kabini: A 60-key luxury wildlife resort adjoining Nagarhole National Park
• The Oberoi, Hampi: A 60-key luxury resort near the UNESCO World Heritage Site of Hampi
• The Oberoi, Coorg: A 100-key luxury resort in South India
• The Oberoi Cairo: A 147-key luxury hotel strengthening international presence in Egypt
• Trident, Amritsar: A 150-key hotel in a key spiritual tourism destination
• Trident, Pavana: A 150-key leisure hotel near Mumbai

These developments support EIH's aspiration to significantly expand its portfolio by 2030. The company also highlighted its commitment to sustainability, noting that over 40% of its electrical consumption is from renewable sources, with a target to increase this to over 70% by 2030 as part of its Net Zero emissions goal by 2050.

What the Numbers Show

The dramatic turnaround in profitability underscores the successful normalization of EIH Limited’s financials following the conclusion of the long-standing MRL dispute. In Q1FY26, the company recorded a ₹110.32 crore exceptional loss due to adjustments in the value of its investment in MRL and write-downs of recoverable advances. With these one-time charges absent in Q1FY27, the current quarter’s results reflect pure operational strength. Revenue growth exceeding 15% indicates strong demand recovery and pricing power in the luxury hospitality segment, particularly as the company navigates the post-pandemic travel landscape. The consistent growth in EBITDA (7% standalone, 6% consolidated) alongside higher revenue suggests effective cost management despite inflationary pressures.

Management Commentary and Cash Flow

During the investor call held on August 12, 2026, management elaborated on the drivers behind the financial performance. CFO Vineet Kapur noted that while revenue grew 15% to ₹698 crore, EBITDA growth was moderated by several factors. These included the ramp-up phase of The Oberoi Rajgarh Palace, higher marketing expenditure to secure domestic bookings amidst lower international tourist arrivals (down 10% YoY), increased IT spending for automation, and renovation-related write-offs of ₹7.5 crore at Mumbai properties. Excluding Rajgarh, the like-to-like EBITDA margin stood at approximately 30.6%, compared to 29% in the current quarter.

Cash flow generation remained robust, with operating cash flow reaching ₹183 crore. The company deployed ₹148 crore towards planned CAPEX, resulting in a net increase in funds of ₹23 crore for the quarter. Kapur emphasized that the healthy cash balance supports long-term growth plans over the next three to four years.

The flight catering business (OFS) contributed significantly to revenue diversification, recording ₹154 crore in revenue for Q1FY27. This growth was driven by new flight additions by domestic carriers and increased business from international airlines operating direct flights into India. MD & CEO Vikram Oberoi highlighted that strong domestic demand successfully offset the impact of the West Asia crisis on foreign arrivals, particularly for the Oberoi brand which typically attracts a higher percentage of international guests.

Pipeline Updates and Delays

Management provided updates on key pipeline projects. The Kolkata property, a heritage restoration, faces delays due to extensive structural safety compliance work and a recent construction halt in the city following a local incident. The revised opening timeline is now 2029. The Oberoi Grand is scheduled to open in September 2028 with 197 keys. In Bangalore, the Hebbal development will feature two hotels and a retail/F&B space of 7.63 lakh square feet, with a total development area exceeding 1.3 million square feet. The managed hotel pipeline includes 23 properties with 1,833 keys, though one property has been delayed beyond 2032.

The Board of Directors approved the unaudited financial results during its meeting held on August 6, 2026. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, Deloitte Haskins & Sells LLP, in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial statements were prepared in compliance with Indian Accounting Standard 34 on Interim Financial Reporting.