EIH (EIHOTEL) Q1 25/26 earnings summary

Executive summary

• Q1 FY2026 delivered strong operational and financial performance, with continued RevPAR leadership, premium positioning recognized by global awards, and robust demand despite geopolitical tensions.

• Expansion strategy targets 25 new properties by 2030, focusing on both domestic and international markets.

• Unaudited standalone and consolidated financial results for the quarter ended 30th June 2025 were approved by the Board and reviewed by auditors.

Financial highlights

• Achieved highest-ever Q1 revenue and EBITDA in both standalone and consolidated results, with consolidated revenue up 9% year-over-year to ₹573.6 crore and EBITDA up 16% to ₹195.3 crore.

• Standalone revenue rose 14% to ₹518.8 crore, with EBITDA up 28% to ₹193.5 crore.

• PAT was significantly lower at ₹36.36 crore due to a one-time exceptional loss of ₹110.32 crore related to the Mashobra property.

• Net cash position improved to ₹1,154 crore as of June 30, 2025, supporting long-term growth.

• Basic and diluted EPS (standalone) for the quarter were ₹0.58, down from ₹1.36 year-over-year.

Outlook and guidance

• Strong hotel demand is expected for FY2025, driven by demographic shifts, a forecasted 15% growth in inbound tourism, and rising luxury travel demand.

• Management expects continued ARR and RevPAR growth, especially in the winter months, and aims to maximize opportunities in Q3 and Q4.

• Results for the first quarter are not indicative of full-year performance due to the seasonal nature of the Indian hotel industry.