EIH (EIHOTEL) Q4 24/25 earnings summary

Executive summary

• Achieved record financial performance in FY25, with highest-ever revenue, EBITDA, and PAT, despite property closures and industry challenges.

• Outperformed industry benchmarks in RevPAR and ARR, with strong demand across leisure, corporate, and experiential segments.

• Premium positioning reinforced by global awards, including 'Best Hotel in the World' for The Oberoi Rajvilas, Jaipur.

• Expansion pipeline includes 21 new hotels (1,473–1,500 keys) across India and international markets.

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

Financial highlights

• FY25 consolidated revenue grew 10–11% to Rs. 2,743.1 crore; EBITDA up 11–13% to Rs. 1,153.4 crore; PAT up 14% to Rs. 769.9 crore.

• Standalone revenue rose 9% to Rs. 2,399.87 crore, with EBITDA up 10% and PAT up 44% to Rs. 751.3 crore, aided by one-time gains.

• International business contributed INR 131 crore in revenue and INR 36 crore in EBITDA, with 10% growth in both metrics.

• Net cash position improved to Rs. 1,051 crore as of March 31, 2025, supporting future expansion.

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

Outlook and guidance

• Expectation of continued strong demand, with opportunity to further increase room rates, especially in city destinations.

• Pipeline includes 21 new hotels (1,473–1,500 keys) over the next 3–4 years, with 12 domestic and 9 international properties.

• Inbound tourism forecasted to grow 15% in FY26, with high-end leisure travel demand rising.

• Board recommended a final dividend of Rs. 1.5 per share, subject to AGM approval.