EIH Associated Hotels Ltd.
•₹ 294.70.02%
2026-08-21
PROS
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 23.6%
- Company has delivered good sales growth of 30.5% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.10x)
- Working capital cycle has improved - days down from 225 to 176
- Company generates healthy free cash flow
CONS
- Recent results are weak - TTM profit is down 10.8% versus prior year
- Recurring exceptional / one-off items are inflating headline profit
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | INDHOTEL | 734.00 | 48.69 | 104479.93 | 0.44 | 390.81 | 18.67 | 2339.19 | 14.61 | 25.70 | 28.75 |
| 2. | ITCHOTELS | 166.40 | 40.12 | 34661.22 | 0.60 | 181.91 | 36.05 | 936.02 | 15.71 | 10.54 | 31.62 |
| 3. | EIHOTEL | 300.40 | 26.40 | 18785.94 | 0.50 | 120.31 | 226.22 | 656.96 | 14.54 | 19.68 | 26.02 |
| 4. | CHALET | 854.25 | 35.42 | 18707.57 | 0.23 | 86.12 | -57.60 | 512.27 | -42.73 | 11.41 | 45.68 |
| 5. | THELEELA | 539.90 | 40.69 | 18030.39 | 0.00 | 48.76 | 460.27 | 351.96 | 28.08 | 8.97 | 36.30 |
| 6. | VENTIVE | 576.45 | 28.08 | 13462.51 | 0.00 | 124.18 | 227.44 | 542.80 | 6.97 | 13.15 | 35.30 |
| 7. | LEMONTREE | 108.00 | 36.44 | 8556.26 | 0.00 | 57.34 | 19.21 | 344.61 | 9.13 | 17.75 | 43.36 |
| 8. | ITDC | 687.35 | 71.59 | 5895.36 | 0.43 | 9.39 | -3.63 | 90.10 | 2.68 | 29.74 | 9.25 |
| 9. | JUNIPER | 205.20 | 27.53 | 4565.75 | 0.00 | 33.26 | 269.47 | 249.53 | 13.04 | 7.85 | 34.56 |
| 10. | MHRIL | 220.40 | 84.06 | 4453.32 | 0.00 | -8.56 | -219.39 | 732.81 | 4.48 | 42.30 | 15.36 |
| 11. | SAMHI | 160.35 | 7.08 | 3565.54 | 0.00 | 24.93 | 29.72 | 305.21 | 12.12 | 12.38 | 32.18 |
| 12. | EIHAHOTELS | 294.10 | 148.84 | 1792.14 | 1.19 | 6.90 | 11.57 | 65.98 | -4.02 | 20.64 | 10.82 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 67 | 59 | 127 | 132 | 64 | 71 | 133 | 140 | 69 | 58 | 129 | 127 | 66 | |
| 56 | 58 | 74 | 82 | 60 | 64 | 79 | 79 | 60 | 56 | 72 | 78 | 63 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 6 | 5 | 4 | 5 | 5 | 6 |
| 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 |
| 10 | -1 | 51 | 49 | 5 | 3 | 54 | 62 | 8 | 4 | 55 | 50 | 8 | |
| Tax % | 25.18% | 22.69% | 25.45% | 25.53% | 25.88% | 25.18% | 25.43% | 25.55% | 25.48% | 24.32% | 25.74% | 25.44% | 18.46% |
| Net Profit | 7 | -1 | 38 | 37 | 4 | 2 | 40 | 46 | 6 | 3 | 41 | 38 | 7 |
| 2 | -0 | 6 | 6 | 1 | 0 | 7 | 8 | 1 | 0 | 7 | 6 | 0 | |
| Equity Capital | 30 | 30 | 30 | 30 | 30 | 61 | 61 | 61 | 61 | 61 | 61 | 61 | 61 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 30 | 30 | 30 | 30 | 30 | 61 | 61 | 61 | 61 | 61 | 61 | 61 | 61 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 67
- 56
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 4
- 10
- Tax %
- 25.18%
- Net Profit
- 7
- 2
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 59
- 58
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 4
- -1
- Tax %
- 22.69%
- Net Profit
- -1
- -0
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 127
- 74
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 4
- 51
- Tax %
- 25.45%
- Net Profit
- 38
- 6
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 132
- 82
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 4
- 49
- Tax %
- 25.53%
- Net Profit
- 37
- 6
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 64
- 60
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 4
- 5
- Tax %
- 25.88%
- Net Profit
- 4
- 1
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 30
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 71
- 64
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 4
- 3
- Tax %
- 25.18%
- Net Profit
- 2
- 0
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 133
- 79
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 4
- 54
- Tax %
- 25.43%
- Net Profit
- 40
- 7
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 140
- 79
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 0
- Depreciation
- 4
- 62
- Tax %
- 25.55%
- Net Profit
- 46
- 8
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 69
- 60
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 4
- 8
- Tax %
- 25.48%
- Net Profit
- 6
- 1
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 58
- 56
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 4
- 4
- Tax %
- 24.32%
- Net Profit
- 3
- 0
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 129
- 72
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 4
- 55
- Tax %
- 25.74%
- Net Profit
- 41
- 7
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 127
- 78
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 4
- 50
- Tax %
- 25.44%
- Net Profit
- 38
- 6
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 66
- 63
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 0
- Depreciation
- 4
- 8
- Tax %
- 18.46%
- Net Profit
- 7
- 0
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 61
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 263 | 264 | 264 | 249 | 101 | 195 | 337 | 385 | 408 | 384 | 381 | |
| 190 | 196 | 201 | 199 | 120 | 163 | 242 | 271 | 282 | 265 | 268 | |
| Operating Profit | 81 | 73 | 73 | 59 | -16 | 35 | 102 | 126 | 145 | 138 | — |
| OPM % | 31 | 28 | 28 | 24 | -16 | 18 | 30 | 33 | 36 | 36 | — |
| Other Income | 8 | 6 | 10 | 9 | 3 | 3 | 7 | 13 | 19 | 19 | 20 |
| Interest | 2 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 |
| Depreciation | 14 | 14 | 14 | 16 | 17 | 16 | 17 | 17 | 17 | 17 | 17 |
| 65 | 59 | 58 | 43 | -37 | 18 | 85 | 109 | 123 | 117 | 117 | |
| Tax % | 34 | 36 | 35 | 12 | 28 | 30 | 24 | 25 | 26 | 26 | 25 |
| Net Profit | 43 | 38 | 38 | 38 | -27 | 13 | 65 | 81 | 92 | 87 | 88 |
| EPS | 0 | 0 | 0 | 0 | -9 | 4 | 21 | 27 | 15 | 14 | — |
| Dividend Payout % | 32 | 36 | 36 | 0 | 0 | 0 | 24 | 23 | 23 | 24 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 7 | 6 | 6 | 6 | -4 | 2 | 11 | 13 | 15 | 14 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 7 | 6 | 6 | 6 | -4 | 2 | 11 | 13 | 15 | 14 | — |
Mar 2017
- 263
- 190
- Operating Profit
- 81
- OPM %
- 31
- Other Income
- 8
- Interest
- 2
- Depreciation
- 14
- 65
- Tax %
- 34
- Net Profit
- 43
- EPS
- 0
- Dividend Payout %
- 32
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2018
- 264
- 196
- Operating Profit
- 73
- OPM %
- 28
- Other Income
- 6
- Interest
- 0
- Depreciation
- 14
- 59
- Tax %
- 36
- Net Profit
- 38
- EPS
- 0
- Dividend Payout %
- 36
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2019
- 264
- 201
- Operating Profit
- 73
- OPM %
- 28
- Other Income
- 10
- Interest
- 0
- Depreciation
- 14
- 58
- Tax %
- 35
- Net Profit
- 38
- EPS
- 0
- Dividend Payout %
- 36
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2020
- 249
- 199
- Operating Profit
- 59
- OPM %
- 24
- Other Income
- 9
- Interest
- 0
- Depreciation
- 16
- 43
- Tax %
- 12
- Net Profit
- 38
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2021
- 101
- 120
- Operating Profit
- -16
- OPM %
- -16
- Other Income
- 3
- Interest
- 1
- Depreciation
- 17
- -37
- Tax %
- 28
- Net Profit
- -27
- EPS
- -9
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
Mar 2022
- 195
- 163
- Operating Profit
- 35
- OPM %
- 18
- Other Income
- 3
- Interest
- 0
- Depreciation
- 16
- 18
- Tax %
- 30
- Net Profit
- 13
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2023
- 337
- 242
- Operating Profit
- 102
- OPM %
- 30
- Other Income
- 7
- Interest
- 0
- Depreciation
- 17
- 85
- Tax %
- 24
- Net Profit
- 65
- EPS
- 21
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2024
- 385
- 271
- Operating Profit
- 126
- OPM %
- 33
- Other Income
- 13
- Interest
- 1
- Depreciation
- 17
- 109
- Tax %
- 25
- Net Profit
- 81
- EPS
- 27
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2025
- 408
- 282
- Operating Profit
- 145
- OPM %
- 36
- Other Income
- 19
- Interest
- 0
- Depreciation
- 17
- 123
- Tax %
- 26
- Net Profit
- 92
- EPS
- 15
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
Mar 2026
- 384
- 265
- Operating Profit
- 138
- OPM %
- 36
- Other Income
- 19
- Interest
- 0
- Depreciation
- 17
- 117
- Tax %
- 26
- Net Profit
- 87
- EPS
- 14
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
TTM
- 381
- 268
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 0
- Depreciation
- 17
- 117
- Tax %
- 25
- Net Profit
- 88
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 5%
- 5 Years:
- 30%
- 3 Years:
- 4%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 8%
- 5 Years:
- —
- 3 Years:
- 10%
STOCK PRICE CAGR
- 10 Years:
- 6%
- 5 Years:
- 13%
- 3 Years:
- 7%
- 1 Year:
- -27%
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 15%
- 3 Years:
- 18%
- Last Year:
- 15%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 61 | 61 |
| 251 | 272 | 293 | 315 | 288 | 302 | 366 | 432 | 476 | 541 | |
| Trade Payables | 28 | 32 | 38 | 48 | 32 | 32 | 48 | 43 | 50 | 51 |
| 37 | 42 | 50 | 53 | 40 | 48 | 77 | 86 | 92 | 98 | |
| Total Liabilities | 345 | 376 | 411 | 447 | 390 | 412 | 521 | 592 | 679 | 752 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 248 | 243 | 252 | 283 | 279 | 278 | 276 | 302 | 289 | 296 | |
| Capital Work in Progress | 3 | 3 | 4 | 5 | 6 | 5 | 12 | 8 | 17 | 47 |
| 19 | 40 | 45 | 51 | 51 | 74 | 140 | 153 | 200 | 195 | |
| 11 | 10 | 10 | 11 | 10 | 11 | 15 | 14 | 14 | 14 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22 | 26 | 16 | |
| Cash & Bank | 10 | 5 | 38 | 39 | 8 | 8 | 19 | 40 | 70 | 22 |
| 54 | 75 | 62 | 57 | 37 | 36 | 60 | 52 | 63 | 162 | |
| Total Assets | 345 | 376 | 411 | 447 | 390 | 412 | 521 | 592 | 679 | 752 |
| Total Debt | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Working Capital | 32 | 51 | 85 | 76 | 45 | 67 | 133 | 177 | 251 | 185 |
| Contingent Liabilities | 12 | 14 | 9 | 8 | 12 | 13 | 12 | 14 | 11 | 13 |
| Book Value per Share | 92.24 | 99.21 | 106.20 | 113.29 | 104.62 | 109.08 | 130.16 | 151.91 | 88.04 | 98.86 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Working Capital | 32 | 51 | 85 | 76 | 45 | 67 | 133 | 177 | 251 | 185 |
| Contingent Liabilities | 12 | 14 | 9 | 8 | 12 | 13 | 12 | 14 | 11 | 13 |
| Book Value per Share | 92.24 | 99.21 | 106.20 | 113.29 | 104.62 | 109.08 | 130.16 | 151.91 | 88.04 | 98.86 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 30
- 251
- Trade Payables
- 28
- 37
- Total Liabilities
- 345
- 248
- Capital Work in Progress
- 3
- 19
- 11
- 0
- Cash & Bank
- 10
- 54
- Total Assets
- 345
- Total Debt
- 1
- Net Working Capital
- 32
- Contingent Liabilities
- 12
- Book Value per Share
- 92.24
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 32
- Contingent Liabilities
- 12
- Book Value per Share
- 92.24
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 30
- 272
- Trade Payables
- 32
- 42
- Total Liabilities
- 376
- 243
- Capital Work in Progress
- 3
- 40
- 10
- 0
- Cash & Bank
- 5
- 75
- Total Assets
- 376
- Total Debt
- 2
- Net Working Capital
- 51
- Contingent Liabilities
- 14
- Book Value per Share
- 99.21
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 51
- Contingent Liabilities
- 14
- Book Value per Share
- 99.21
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 30
- 293
- Trade Payables
- 38
- 50
- Total Liabilities
- 411
- 252
- Capital Work in Progress
- 4
- 45
- 10
- 0
- Cash & Bank
- 38
- 62
- Total Assets
- 411
- Total Debt
- 1
- Net Working Capital
- 85
- Contingent Liabilities
- 9
- Book Value per Share
- 106.20
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 85
- Contingent Liabilities
- 9
- Book Value per Share
- 106.20
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 30
- 315
- Trade Payables
- 48
- 53
- Total Liabilities
- 447
- 283
- Capital Work in Progress
- 5
- 51
- 11
- 0
- Cash & Bank
- 39
- 57
- Total Assets
- 447
- Total Debt
- 0
- Net Working Capital
- 76
- Contingent Liabilities
- 8
- Book Value per Share
- 113.29
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 76
- Contingent Liabilities
- 8
- Book Value per Share
- 113.29
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 30
- 288
- Trade Payables
- 32
- 40
- Total Liabilities
- 390
- 279
- Capital Work in Progress
- 6
- 51
- 10
- 0
- Cash & Bank
- 8
- 37
- Total Assets
- 390
- Total Debt
- 0
- Net Working Capital
- 45
- Contingent Liabilities
- 12
- Book Value per Share
- 104.62
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 45
- Contingent Liabilities
- 12
- Book Value per Share
- 104.62
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 30
- 302
- Trade Payables
- 32
- 48
- Total Liabilities
- 412
- 278
- Capital Work in Progress
- 5
- 74
- 11
- 0
- Cash & Bank
- 8
- 36
- Total Assets
- 412
- Total Debt
- 0
- Net Working Capital
- 67
- Contingent Liabilities
- 13
- Book Value per Share
- 109.08
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 67
- Contingent Liabilities
- 13
- Book Value per Share
- 109.08
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 30
- 366
- Trade Payables
- 48
- 77
- Total Liabilities
- 521
- 276
- Capital Work in Progress
- 12
- 140
- 15
- 0
- Cash & Bank
- 19
- 60
- Total Assets
- 521
- Total Debt
- 0
- Net Working Capital
- 133
- Contingent Liabilities
- 12
- Book Value per Share
- 130.16
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 133
- Contingent Liabilities
- 12
- Book Value per Share
- 130.16
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 30
- 432
- Trade Payables
- 43
- 86
- Total Liabilities
- 592
- 302
- Capital Work in Progress
- 8
- 153
- 14
- 22
- Cash & Bank
- 40
- 52
- Total Assets
- 592
- Total Debt
- 0
- Net Working Capital
- 177
- Contingent Liabilities
- 14
- Book Value per Share
- 151.91
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 177
- Contingent Liabilities
- 14
- Book Value per Share
- 151.91
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 61
- 476
- Trade Payables
- 50
- 92
- Total Liabilities
- 679
- 289
- Capital Work in Progress
- 17
- 200
- 14
- 26
- Cash & Bank
- 70
- 63
- Total Assets
- 679
- Total Debt
- 0
- Net Working Capital
- 251
- Contingent Liabilities
- 11
- Book Value per Share
- 88.04
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 251
- Contingent Liabilities
- 11
- Book Value per Share
- 88.04
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 61
- 541
- Trade Payables
- 51
- 98
- Total Liabilities
- 752
- 296
- Capital Work in Progress
- 47
- 195
- 14
- 16
- Cash & Bank
- 22
- 162
- Total Assets
- 752
- Total Debt
- 0
- Net Working Capital
- 185
- Contingent Liabilities
- 13
- Book Value per Share
- 98.86
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 185
- Contingent Liabilities
- 13
- Book Value per Share
- 98.86
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 73 | 57 | 60 | 57 | -12 | 38 | 91 | 78 | 109 | 100 | |
| Cash from Investing | -26 | -46 | -42 | -34 | 9 | -37 | -89 | -64 | -89 | -80 |
| Cash from Financing | -40 | -16 | -17 | -18 | -1 | -1 | -2 | -17 | -19 | -22 |
| 7 | -5 | 1 | 5 | -4 | 1 | 1 | -3 | 1 | -1 | |
| Free Cash Flow | 65 | 48 | 37 | 12 | -29 | 26 | 75 | 43 | 109 | 53 |
| OCF / Net Profit | 1.70 | 1.51 | 1.58 | 1.50 | 0.44 | 2.96 | 1.41 | 0.96 | 1.18 | 1.15 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 133 | 94 | 121 | 127 | 224 | 306 |
| OCF / Net Profit | 1.70 | 1.51 | 1.58 | 1.50 | 0.44 | 2.96 | 1.41 | 0.96 | 1.18 | 1.15 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 133 | 94 | 121 | 127 | 224 | 306 |
Mar 2017
- 73
- Cash from Investing
- -26
- Cash from Financing
- -40
- 7
- Free Cash Flow
- 65
- OCF / Net Profit
- 1.70
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.70
- Cumulative 5-Year FCF
- 0
Mar 2018
- 57
- Cash from Investing
- -46
- Cash from Financing
- -16
- -5
- Free Cash Flow
- 48
- OCF / Net Profit
- 1.51
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.51
- Cumulative 5-Year FCF
- 0
Mar 2019
- 60
- Cash from Investing
- -42
- Cash from Financing
- -17
- 1
- Free Cash Flow
- 37
- OCF / Net Profit
- 1.58
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.58
- Cumulative 5-Year FCF
- 0
Mar 2020
- 57
- Cash from Investing
- -34
- Cash from Financing
- -18
- 5
- Free Cash Flow
- 12
- OCF / Net Profit
- 1.50
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.50
- Cumulative 5-Year FCF
- 0
Mar 2021
- -12
- Cash from Investing
- 9
- Cash from Financing
- -1
- -4
- Free Cash Flow
- -29
- OCF / Net Profit
- 0.44
- Cumulative 5-Year FCF
- 133
- OCF / Net Profit
- 0.44
- Cumulative 5-Year FCF
- 133
Mar 2022
- 38
- Cash from Investing
- -37
- Cash from Financing
- -1
- 1
- Free Cash Flow
- 26
- OCF / Net Profit
- 2.96
- Cumulative 5-Year FCF
- 94
- OCF / Net Profit
- 2.96
- Cumulative 5-Year FCF
- 94
Mar 2023
- 91
- Cash from Investing
- -89
- Cash from Financing
- -2
- 1
- Free Cash Flow
- 75
- OCF / Net Profit
- 1.41
- Cumulative 5-Year FCF
- 121
- OCF / Net Profit
- 1.41
- Cumulative 5-Year FCF
- 121
Mar 2024
- 78
- Cash from Investing
- -64
- Cash from Financing
- -17
- -3
- Free Cash Flow
- 43
- OCF / Net Profit
- 0.96
- Cumulative 5-Year FCF
- 127
- OCF / Net Profit
- 0.96
- Cumulative 5-Year FCF
- 127
Mar 2025
- 109
- Cash from Investing
- -89
- Cash from Financing
- -19
- 1
- Free Cash Flow
- 109
- OCF / Net Profit
- 1.18
- Cumulative 5-Year FCF
- 224
- OCF / Net Profit
- 1.18
- Cumulative 5-Year FCF
- 224
Mar 2026
- 100
- Cash from Investing
- -80
- Cash from Financing
- -22
- -1
- Free Cash Flow
- 53
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 306
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 306
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 14.04 | 12.40 | 12.45 | 12.46 | -8.78 | 4.23 | 21.21 | 26.59 | 15.07 | 14.31 |
| Book Value (₹) | 92.24 | 99.21 | 106.20 | 113.29 | 104.62 | 109.08 | 130.16 | 151.91 | 88.04 | 98.86 |
| Dividend per Share (₹) | 4.50 | 4.50 | 4.50 | 0.00 | 0.00 | 0.00 | 5.00 | 6.00 | 3.50 | 3.50 |
| Cash EPS (₹) | 9.35 | 8.51 | 8.57 | 8.85 | -1.60 | 4.69 | 13.32 | 16.06 | 17.89 | 17.10 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 30.75% | 27.75% | 27.65% | 23.86% | -15.51% | 17.86% | 30.20% | 29.44% | 30.95% | 30.98% |
| Net Margin % | 16.23% | 14.34% | 14.36% | 15.24% | -26.37% | 6.60% | 19.17% | 21.06% | 22.50% | 22.72% |
| ROE % | 16.34% | 12.96% | 12.12% | 11.35% | -8.06% | 3.96% | 17.73% | 18.86% | 18.38% | 15.31% |
| ROCE % | 23.88% | 20.16% | 18.69% | 12.97% | -11.03% | 5.75% | 23.39% | 25.49% | 24.76% | 20.64% |
| 12.48% | 10.49% | 9.65% | 8.85% | -6.39% | 3.21% | 13.84% | 14.56% | 14.46% | 12.19% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 33 | 36 | 41 | 41 | 57 | 14 | 13 | 18 | 22 | 20 |
| Inventory Days | 15 | 15 | 14 | 16 | 39 | 20 | 14 | 14 | 13 | 13 |
| Payable Days | 448 | 512 | 618 | 787 | 1417 | 716 | 537 | 595 | 570 | 626 |
| -400 | -462 | -563 | -731 | -1321 | -682 | -510 | -563 | -536 | -593 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 34.71x | 148.76x | 135.44x | 97.41x | -69.09x | 55.41x | 219.12x | 137.61x | 295.24x | 251.69x |
| 1.78x | 2.25x | 2.81x | 2.22x | 2.05x | 2.43x | 3.00x | 3.92x | 4.58x | 3.49x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 7.39% | 0.07% | 0.25% | -5.72% | -59.29% | 92.50% | 72.69% | 14.16% | 6.09% | -6.00% |
| Operating Profit Growth % | 7.10% | -9.76% | -0.14% | -18.65% | -126.47% | 321.63% | 192.01% | 24.18% | 14.79% | -4.65% |
| Net Profit Growth % | 9.86% | -11.65% | 0.38% | 0.07% | -170.44% | 148.17% | 401.61% | 25.39% | 13.36% | -5.09% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 25.39% | -43.32% | -5.09% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 14.21x | 22.78x | 18.87x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.98x | 3.90x | 2.73x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.79% | 1.02% | 1.30% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 17.91x | 13.94x | 11.74x |
Mar 2017
- EPS (₹)
- 14.04
- Book Value (₹)
- 92.24
- Dividend per Share (₹)
- 4.50
- Cash EPS (₹)
- 9.35
- Operating Margin %
- 30.75%
- Net Margin %
- 16.23%
- ROE %
- 16.34%
- ROCE %
- 23.88%
- 12.48%
- Debtor Days
- 33
- Inventory Days
- 15
- Payable Days
- 448
- -400
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 34.71x
- 1.78x
- Revenue Growth %
- 7.39%
- Operating Profit Growth %
- 7.10%
- Net Profit Growth %
- 9.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 12.40
- Book Value (₹)
- 99.21
- Dividend per Share (₹)
- 4.50
- Cash EPS (₹)
- 8.51
- Operating Margin %
- 27.75%
- Net Margin %
- 14.34%
- ROE %
- 12.96%
- ROCE %
- 20.16%
- 10.49%
- Debtor Days
- 36
- Inventory Days
- 15
- Payable Days
- 512
- -462
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 148.76x
- 2.25x
- Revenue Growth %
- 0.07%
- Operating Profit Growth %
- -9.76%
- Net Profit Growth %
- -11.65%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 12.45
- Book Value (₹)
- 106.20
- Dividend per Share (₹)
- 4.50
- Cash EPS (₹)
- 8.57
- Operating Margin %
- 27.65%
- Net Margin %
- 14.36%
- ROE %
- 12.12%
- ROCE %
- 18.69%
- 9.65%
- Debtor Days
- 41
- Inventory Days
- 14
- Payable Days
- 618
- -563
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 135.44x
- 2.81x
- Revenue Growth %
- 0.25%
- Operating Profit Growth %
- -0.14%
- Net Profit Growth %
- 0.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 12.46
- Book Value (₹)
- 113.29
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.85
- Operating Margin %
- 23.86%
- Net Margin %
- 15.24%
- ROE %
- 11.35%
- ROCE %
- 12.97%
- 8.85%
- Debtor Days
- 41
- Inventory Days
- 16
- Payable Days
- 787
- -731
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 97.41x
- 2.22x
- Revenue Growth %
- -5.72%
- Operating Profit Growth %
- -18.65%
- Net Profit Growth %
- 0.07%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -8.78
- Book Value (₹)
- 104.62
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1.60
- Operating Margin %
- -15.51%
- Net Margin %
- -26.37%
- ROE %
- -8.06%
- ROCE %
- -11.03%
- -6.39%
- Debtor Days
- 57
- Inventory Days
- 39
- Payable Days
- 1417
- -1321
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- -69.09x
- 2.05x
- Revenue Growth %
- -59.29%
- Operating Profit Growth %
- -126.47%
- Net Profit Growth %
- -170.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 4.23
- Book Value (₹)
- 109.08
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.69
- Operating Margin %
- 17.86%
- Net Margin %
- 6.60%
- ROE %
- 3.96%
- ROCE %
- 5.75%
- 3.21%
- Debtor Days
- 14
- Inventory Days
- 20
- Payable Days
- 716
- -682
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 55.41x
- 2.43x
- Revenue Growth %
- 92.50%
- Operating Profit Growth %
- 321.63%
- Net Profit Growth %
- 148.17%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 21.21
- Book Value (₹)
- 130.16
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 13.32
- Operating Margin %
- 30.20%
- Net Margin %
- 19.17%
- ROE %
- 17.73%
- ROCE %
- 23.39%
- 13.84%
- Debtor Days
- 13
- Inventory Days
- 14
- Payable Days
- 537
- -510
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 219.12x
- 3.00x
- Revenue Growth %
- 72.69%
- Operating Profit Growth %
- 192.01%
- Net Profit Growth %
- 401.61%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 26.59
- Book Value (₹)
- 151.91
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 16.06
- Operating Margin %
- 29.44%
- Net Margin %
- 21.06%
- ROE %
- 18.86%
- ROCE %
- 25.49%
- 14.56%
- Debtor Days
- 18
- Inventory Days
- 14
- Payable Days
- 595
- -563
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 137.61x
- 3.92x
- Revenue Growth %
- 14.16%
- Operating Profit Growth %
- 24.18%
- Net Profit Growth %
- 25.39%
- 25.39%
- P/E (x)
- 14.21x
- P/B (x)
- 4.98x
- Dividend Yield %
- 0.79%
- 17.91x
Mar 2025
- EPS (₹)
- 15.07
- Book Value (₹)
- 88.04
- Dividend per Share (₹)
- 3.50
- Cash EPS (₹)
- 17.89
- Operating Margin %
- 30.95%
- Net Margin %
- 22.50%
- ROE %
- 18.38%
- ROCE %
- 24.76%
- 14.46%
- Debtor Days
- 22
- Inventory Days
- 13
- Payable Days
- 570
- -536
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 295.24x
- 4.58x
- Revenue Growth %
- 6.09%
- Operating Profit Growth %
- 14.79%
- Net Profit Growth %
- 13.36%
- -43.32%
- P/E (x)
- 22.78x
- P/B (x)
- 3.90x
- Dividend Yield %
- 1.02%
- 13.94x
Mar 2026
- EPS (₹)
- 14.31
- Book Value (₹)
- 98.86
- Dividend per Share (₹)
- 3.50
- Cash EPS (₹)
- 17.10
- Operating Margin %
- 30.98%
- Net Margin %
- 22.72%
- ROE %
- 15.31%
- ROCE %
- 20.64%
- 12.19%
- Debtor Days
- 20
- Inventory Days
- 13
- Payable Days
- 626
- -593
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 251.69x
- 3.49x
- Revenue Growth %
- -6.00%
- Operating Profit Growth %
- -4.65%
- Net Profit Growth %
- -5.09%
- -5.09%
- P/E (x)
- 18.87x
- P/B (x)
- 2.73x
- Dividend Yield %
- 1.30%
- 11.74x
Documents
Announcements
- Investor Presentation
2026-08-17 - EIH Associated Hotels Limited has informed the Exchange about Investor Presentation
- Copy of Newspaper Publication
2026-08-06 - EIH Associated Hotels Limited has informed the Exchange about Copy of Newspaper Publication
Annual Reports
Credit Ratings
Nothing filed yet.