EIH Limited — Investor Meet, 20-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

EIH Limited reported Q2FY26 revenue growth of 2%, with EBITDA down 9% and PAT down 12%, impacted by the absence of Oberoi Grand and Airport Services this year. H1FY26, seen as more reflective, showed revenue up 5% and EBITDA up 6%. The company holds healthy cash reserves of 1,050 Cr.

Management foresees significant sector expansion driven by domestic tourism, MICE, and luxury travel, with demand expected to outstrip supply for several years. A pipeline of 27 properties, adding 2,100 keys, is planned by 2030, including the recently opened Oberoi Rajgarh Palace. Annual capital expenditure is projected at 400-500 Cr. Management is positive about Q3 and Q4 due to strong wedding and foreign travel demand.