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EIH Associated Hotel

₹402.5 -4.2 | 1%

Market Cap ₹2452 Cr.

Stock P/E 30.3

P/B 5.4

Current Price ₹402.5

Book Value ₹ 73.9

Face Value 10

52W High ₹545

Dividend Yield 0.75%

52W Low ₹ 305

EIH Associated Hotel Research see more...

Overview Inc. Year: 1983Industry: Hotel, Resort & Restaurants

EIH Associated Hotels Ltd is engaged in hotels enterprise. The Company is involved in the ownership, control and operation of over five star deluxe and five star hotels in tourist locations across India. The Company's hotels consist of The Oberoi Cecil, which is positioned in Shimla, and The Oberoi Rajvilas, that is located in Jaipur. The Oberoi Cecil gives services, which consist of rooms and suites, which includes capabilities, consisting of bathrooms with vanity counter, bathtub and ayurvedic toiletries; dining, consisting of outdoor restaurant, and meetings, including venues for board meetings and small meetings. It operates Trident Hotels in Chennai, Cochin, Jaipur, Agra, Bhubaneswar, and Udaipur. Trident Hotels provide features, along with over 130 rooms and about two suites; dining, which includes restaurant and bar, and meetings, consisting of over two assembly rooms for conferences and meetings with centres, together with overhead projector, tv and video cassette recorder.

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EIH Associated Hotel Share Price

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EIH Associated Hotel Quarterly Results

#(Fig in Cr.) Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 60 59 111 108 67 59 127 133 64 71
Other Income 1 1 2 3 3 3 3 4 4 4
Total Income 61 60 112 111 70 62 130 136 69 75
Total Expenditure 49 52 66 76 56 58 74 82 60 64
Operating Profit 12 8 47 35 14 3 55 54 9 12
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 4 4 4 4 4 4 4 4 4 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -4
Profit Before Tax 8 4 43 31 10 -1 51 49 5 3
Provision for Tax 2 1 12 5 2 -0 13 13 1 1
Profit After Tax 6 3 30 26 7 -1 38 37 4 2
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 6 3 30 26 7 -1 38 37 4 2
Adjusted Earnings Per Share 0.9 0.4 5 4.3 1.2 -0.2 6.2 6 0.6 0.3

EIH Associated Hotel Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 216 229 245 263 264 264 249 101 195 337 385 395
Other Income 1 3 3 8 6 10 9 3 3 7 13 15
Total Income 216 232 248 271 269 274 258 104 198 344 398 410
Total Expenditure 154 164 172 190 196 201 199 120 163 242 271 280
Operating Profit 63 68 76 81 73 73 59 -16 35 102 126 130
Interest 11 9 5 2 0 0 0 1 0 0 1 0
Depreciation 13 19 16 14 14 14 16 17 16 17 17 16
Exceptional Income / Expenses 0 0 0 0 0 0 0 -4 -0 0 0 -4
Profit Before Tax 38 40 55 65 59 58 43 -37 18 85 109 108
Provision for Tax 15 15 16 22 21 20 5 -10 6 20 28 28
Profit After Tax 24 25 39 43 38 38 38 -27 13 65 81 81
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 24 25 39 43 38 38 38 -27 13 65 81 81
Adjusted Earnings Per Share 3.9 4.1 6.4 7 6.2 6.2 6.2 -4.4 2.1 10.6 13.3 13.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 14% 56% 8% 6%
Operating Profit CAGR 24% 0% 12% 7%
PAT CAGR 25% 0% 16% 13%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 17% 28% 23% 13%
ROE Average 19% 14% 9% 11%
ROCE Average 25% 18% 11% 16%

EIH Associated Hotel Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds 211 216 243 281 302 324 345 319 332 397 463
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 31 20 0 1 1 1 0 0 0 0 0
Other Non-Current Liabilities 33 43 27 22 31 39 39 28 33 58 68
Total Current Liabilities 107 118 70 41 41 47 63 43 47 67 61
Total Liabilities 382 397 340 345 376 411 447 390 412 521 592
Fixed Assets 271 263 256 248 243 252 283 279 278 276 302
Other Non-Current Assets 11 10 36 24 40 27 25 24 20 45 51
Total Current Assets 101 125 49 73 92 132 139 88 114 200 238
Total Assets 382 397 340 345 376 411 447 390 412 521 592

EIH Associated Hotel Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 6 7 7 3 10 4 6 11 7 8 8
Cash Flow from Operating Activities 51 53 66 73 57 60 57 -12 38 91 78
Cash Flow from Investing Activities -8 -24 -15 -26 -46 -42 -34 9 -37 -89 -64
Cash Flow from Financing Activities -42 -29 -55 -40 -16 -17 -18 -1 -1 -2 -17
Net Cash Inflow / Outflow 1 0 -4 7 -5 1 5 -4 1 1 -3
Closing Cash & Cash Equivalent 7 7 3 10 4 6 11 7 8 8 5

EIH Associated Hotel Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) 3.87 4.06 6.39 7.02 6.2 6.23 6.23 -4.39 2.11 10.6 13.3
CEPS(Rs) 6.07 7.17 8.94 9.35 8.51 8.57 8.85 -1.6 4.69 13.32 16.06
DPS(Rs) 1.5 1.5 2 2.25 2.25 2.25 0 0 0 2.5 3
Book NAV/Share(Rs) 34.56 35.38 39.83 46.12 49.6 53.1 56.64 52.31 54.54 65.08 75.96
Core EBITDA Margin(%) 28.84 28.46 29.65 27.67 25.59 23.87 20.23 -18.52 16.53 28.1 29.44
EBIT Margin(%) 22.86 21.32 24.52 25.37 22.41 22.25 17.44 -36.11 9.6 25.29 28.47
Pre Tax Margin(%) 17.71 17.46 22.3 24.64 22.26 22.09 17.26 -36.64 9.42 25.17 28.26
PAT Margin (%) 10.91 10.8 15.87 16.23 14.34 14.36 15.24 -26.37 6.6 19.17 21.06
Cash Profit Margin (%) 17.12 19.08 22.2 21.62 19.68 19.76 21.65 -9.64 14.64 24.08 25.44
ROA(%) 6.3 6.34 10.56 12.48 10.49 9.65 8.85 -6.39 3.21 13.84 14.56
ROE(%) 11.54 11.6 16.99 16.34 12.96 12.12 11.35 -8.06 3.96 17.73 18.86
ROCE(%) 16.91 17.35 21.63 23.88 20.16 18.69 12.97 -11.03 5.75 23.39 25.49
Receivable days 30.79 35.31 37.94 33.46 35.83 41.48 40.93 57.06 14.04 12.82 18.17
Inventory Days 14.3 14.75 15.06 14.87 14.57 14.15 15.86 39.02 20.38 14.21 13.86
Payable days 461.86 485.23 476.86 447.95 512.22 618.42 787.43 1416.8 716.11 537.42 594.64
PER(x) 20.68 27.35 22.69 24.93 38.3 30.88 16.85 0 103.16 19.51 28.43
Price/Book(x) 2.31 3.14 3.64 3.79 4.79 3.62 1.85 2.24 4 3.18 4.98
Dividend Yield(%) 1.88 1.35 1.38 1.29 0.95 1.17 0 0 0 1.21 0.79
EV/Net Sales(x) 2.57 3.2 3.73 4.01 5.48 4.3 2.41 6.97 6.77 3.68 5.88
EV/Core EBITDA(x) 8.83 10.8 12.09 13.04 19.74 15.54 10.1 -44.97 37.89 12.2 17.91
Net Sales Growth(%) 1.63 6.04 7.12 7.39 0.07 0.25 -5.72 -59.29 92.5 72.69 14.16
EBIT Growth(%) -3.85 -1.1 23.21 11.16 -11.67 -0.47 -26.08 -184.28 151.15 355.14 28.5
PAT Growth(%) 14.92 4.95 57.48 9.86 -11.66 0.38 0.07 -170.44 148.17 401.61 25.39
EPS Growth(%) 14.92 4.95 57.48 9.86 -11.66 0.38 0.07 -170.44 148.17 401.61 25.39
Debt/Equity(x) 0.35 0.29 0.14 0 0.01 0 0 0 0 0 0
Current Ratio(x) 0.94 1.06 0.7 1.78 2.25 2.81 2.22 2.05 2.43 3 3.92
Quick Ratio(x) 0.86 0.98 0.55 1.52 2 2.59 2.04 1.81 2.18 2.77 3.68
Interest Cover(x) 4.44 5.51 11.05 34.71 148.76 135.44 97.41 -69.09 55.41 219.12 137.61
Total Debt/Mcap(x) 0.15 0.09 0.04 0 0 0 0 0 0 0 0

EIH Associated Hotel Shareholding Pattern

# Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Promoter 75 75 75 75 75 75 75 75 75 75
FII 13.4 13.41 13.4 13.75 13.87 13.8 13.67 13.73 13.74 13.75
DII 0 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Public 11.6 11.59 11.59 11.25 11.12 11.19 11.33 11.27 11.25 11.24
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 14% over the last 3 years.
  • Debtor days have increased from 537.42 to 594.64days.
  • Stock is trading at 5.4 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

EIH Associated Hotel News

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