EIH Associated Hotels Limited (EIHAHOTELS) AI Stock Analysis

• Market Cap: ₹20.18B
• Dividend Yield: 0.98%
• Average Volume (3M): 856.00
• Price to Earnings (P/E): 21.2
• Beta (1Y): 1.03
• Revenue Growth: 1.40%
• EPS Growth: 18.39%
• Country: IN
• Employees: 423
• Sector: Services
• Sector Strength: N/A
• Industry: Travel Lodging
• EPS (TTM): N/A
• Shares Outstanding: 60,936,295
• 10 Day Avg. Volume: 823
• 30 Day Avg. Volume: 856
• PEG Ratio: 1.74
• Price to Book (P/B): 3.97
• Price to Sales (P/S): 5.22
• P/FCF Ratio: 25.46
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 75 Outperform
• Price Target: ₹371.00 ▼(-2.90% Downside)

EIH Associated Hotels Limited demonstrates strong financial performance with impressive growth and profitability metrics, which is the most significant factor in its overall score. Technical analysis presents a mixed outlook, with some bearish signals, while valuation metrics suggest the stock is fairly valued. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

Sustained, strong revenue growth reflects rising demand and effective commercial execution. Over a 2-6 month horizon this trend supports higher occupancy, scale benefits, reinvestment capacity and resilience to shocks, underpinning more stable future cash flows.

Profitability & Margins

High gross margins alongside healthy net and EBIT margins indicate the company converts revenue into profit efficiently. Durable margins imply disciplined cost control and some pricing power in rooms/F&B, supporting sustainable cash generation and financial flexibility over months.

Cash Flow Generation

Robust free cash flow growth and a strong operating cash flow-to-net income ratio demonstrate reliable cash conversion. This durable cash generation reduces reliance on external financing, funds capex or refurbishments, and supports shareholder returns or strategic investments.

Negative Factors

Conservative Liquidity

A deliberately conservative liquidity stance limits financial risk but can constrain the company's ability to seize expansion, acquisition or upgrade opportunities. Over 2-6 months this may slow growth initiatives and delay capture of market openings when competitors act faster.

Concentrated Revenue Exposure

Revenue concentration in rooms, F&B and MICE ties performance closely to travel and event demand, which is cyclical and sensitive to economic or health shocks. Structurally, prolonged softness in travel or events can materially pressure revenues, margins and cash flows over the medium term.

Limited Scale

A relatively small employee base implies a more limited property portfolio versus large chains, which can reduce bargaining power with distribution channels and suppliers. Over months this may translate into weaker economies of scale, higher per-unit costs and slower network-driven demand growth.

EIH Associated Hotels Limited Business Overview & Revenue Model

Company Description

EIH Associated Hotels Limited engages in the ownership, management, and operation of five star deluxe and five star hotels in India. It operates The Oberoi Cecil at Shimla and The Oberoi Rajvilas at Jaipur; and hotels under the Trident name in Agra, Bhubaneswar, Chennai, Cochin, Jaipur, and Udaipur. The company was formerly known as Oberoi Associated Hotels Limited and changed its name to EIH Associated Hotels Limited in November 1996. The company was incorporated in 1983 and is based in Delhi, India.

How the Company Makes Money

EIHAHOTELS generates revenue through multiple streams, primarily from room bookings and accommodation services in its luxury hotels and resorts. Additional revenue is derived from food and beverage services, which include restaurants, bars, and in-room dining options. The company also hosts events, conferences, and weddings, providing venue services that contribute to its earnings. Furthermore, EIHAHOTELS may engage in strategic partnerships with travel agencies and online travel platforms, enhancing its market reach and occupancy rates. Seasonal packages, loyalty programs, and promotional offers also play a significant role in attracting customers and boosting revenue.

EIH Associated Hotels Limited Financial Statement Overview

Summary

EIH Associated Hotels Limited is in a robust financial position with notable strengths in profitability, growth, and financial management. The company shows impressive revenue and profit growth trends, supported by strong margins and cash flow metrics. Its conservative debt strategy and effective cash management contribute to a stable financial outlook, although there is potential to optimize liquidity for expansion.

Income Statement

EIH Associated Hotels Limited shows strong growth and profitability. The gross profit margin is high, indicating efficiency in managing production costs. The net profit margin and EBIT margin are healthy, reflecting profitable operations. Revenue growth is impressive, showing a robust upward trajectory over the years, especially from 2022 to 2025.

Balance Sheet

The company maintains a solid financial structure with a low debt-to-equity ratio, indicating conservative leverage. The equity ratio is strong, showing a substantial portion of assets financed by equity. Return on equity is robust, reflecting efficient use of shareholder funds. However, the balance of cash and short-term investments to total assets suggests a conservative liquidity position, which is stable but could be optimized for growth.

Cash Flow

EIH has demonstrated significant growth in free cash flow, indicative of effective cash management and strong operational performance. The operating cash flow to net income ratio is strong, underscoring the company's ability to convert earnings into cash. The free cash flow to net income ratio is also healthy, indicating efficient cash generation relative to profits.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.13B	4.08B	3.85B	3.37B	1.95B	1.01B
Gross Profit	3.06B	2.90B	2.64B	2.62B	1.40B	558.95M
EBITDA	1.44B	1.41B	1.26B	1.02B	344.22M	-196.53M
Net Income	944.44M	918.47M	810.25M	646.17M	128.82M	-267.42M
Balance Sheet
Total Assets	0.00	6.51B	5.63B	5.04B	4.12B	3.89B
Cash, Cash Equivalents and Short-Term Investments	2.70B	2.70B	1.93B	1.58B	817.75M	578.82M
Total Debt	0.00	42.70M	40.42M	50.19M	19.68M	22.07M
Total Liabilities	-5.36B	1.14B	1.01B	1.08B	797.01M	707.17M
Stockholders Equity	5.36B	5.36B	4.63B	3.97B	3.32B	3.19B
Cash Flow
Free Cash Flow	0.00	836.84M	401.70M	715.49M	224.85M	-343.14M
Operating Cash Flow	0.00	1.12B	775.31M	912.28M	380.75M	-118.58M
Investing Cash Flow	0.00	-921.81M	-638.24M	-887.39M	-366.72M	93.61M
Financing Cash Flow	0.00	-186.55M	-168.77M	-17.28M	-7.17M	-10.83M

EIH Associated Hotels Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 382.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EIHAHOTELS, the sentiment is Neutral. The current price of 382.1 is above the 20-day moving average (MA) of 336.21, above the 50-day MA of 349.40, and above the 200-day MA of 373.19, indicating a neutral trend. The MACD of -6.19 indicates Negative momentum. The RSI at 49.79 is Neutral, neither overbought nor oversold. The STOCH value of 71.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:EIHAHOTELS.

EIH Associated Hotels Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EIHAHOTELS	75 Outperform	₹20.18B	21.21	―	0.98%	1.40%	18.39%
ADVANIHOTR	72 Outperform	₹5.24B	22.20	―	3.31%	0.14%	7.90%
TAJGVK	72 Outperform	₹23.13B	15.99	―	0.48%	9.49%	40.16%
ROHLTD	61 Neutral	₹9.84B	21.32	―	0.61%	10.77%	-4.40%
ORIENTHOT	59 Neutral	₹18.11B	32.96	―	0.48%	19.69%	17.02%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%