EIH (EIHOTEL) Q4 24/25 earnings summary

Executive summary

• Achieved record financial performance in FY25, with highest-ever revenue and PAT, despite property closures and strong operational growth in Q4.

• Maintained leadership in RevPAR across domestic portfolio, outperforming industry benchmarks.

• Expansion plans include 21 new hotels (12 domestic, 9 international) with 1,473-1,500 keys over the next 3-4 years.

• Brand's premium positioning reinforced by multiple global awards and accolades.

• Audited consolidated and standalone results for FY25 approved, with a final dividend of Rs. 1.5 per share recommended, subject to AGM approval.

Financial highlights

• Consolidated revenue grew 11% year-over-year to Rs. 2,743.15 crore; EBITDA up 13% to Rs. 1,153.4 crore; PAT up 14% to Rs. 769.9 crore.

• Standalone revenue increased 9% to Rs. 2,399.87 crore; standalone PAT up 44% to Rs. 751.28 crore, boosted by a one-time gain from Mashobra deconsolidation.

• Q4 consolidated PAT grew 6% to Rs. 261.6 crore; Q4 standalone PAT surged 109% to Rs. 331.7 crore.

• Cash surplus reached INR 1,000 crore (consolidated net cash position Rs. 1,051 crore) as of March 31, 2025.

• Basic and diluted EPS (consolidated) for FY25 was Rs. 11.82, up from Rs. 10.22 in FY24.

Outlook and guidance

• Management expects strong demand and rate growth to continue, supported by rising affluence, inbound tourism, and India's G20 profile.

• The Board has recommended a final dividend of Rs. 1.5 per share, with a record date set for 30 July 2025, subject to AGM approval.

• International business, especially in the Middle East, is recovering after regional conflicts; positive trends expected in Marrakesh and Mauritius.

• Domestic demand remains robust, with a bounce-back in reservations after temporary geopolitical impacts.