EIH LTD.

EIH Ltd has received a penalty order from the Income-tax Department under Section 271(1)(c) of the Income-tax Act, 1961, for Assessment Year 2016-17, amounting to ₹92,56,326. The penalty is related to a Transfer Pricing Adjustment of ₹1.83 crore and a disallowance under Section 40(a)(i) of ₹0.84 crore. While the Commissioner of Income-tax (Appeals) provided partial relief, the consequential appeal-effect order is pending. The penalty is levied on a protective basis and is subject to modification. EIH Ltd believes it has grounds to contest the penalty and is pursuing further appeals. The company states the order does not relate to concealment of income. The financial impact is currently ₹92.56 lakh, subject to appellate outcomes.

EIH Ltd has announced the closure of its trading window for Directors, Designated Persons, and their immediate relatives. This closure is effective from Thursday, 1st October 2026, and is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's code of conduct. The purpose is to facilitate the consideration of Un-audited Financial Results for the quarter ending 30th September 2026, and any other pertinent matters. The trading window will reopen 48 hours after the official declaration of these financial results and any other price-sensitive information. The specific date for the Board Meeting to approve these results will be communicated separately.

EIH Limited announced strong financial results for Q1 FY27, with consolidated revenue up 15% year-on-year to ₹698 crore. EBITDA rose 6% to ₹208 crore, and Profit After Tax was ₹120 crore. Standalone revenue also grew 15% to ₹658 crore, with EBITDA up 7% to ₹207 crore and PAT at ₹127 crore. The company attributes this growth to resilient domestic demand, sustained luxury travel momentum, and its expansion pipeline, including new properties like The Oberoi Rajgarh Palace and Naila Fort. EIH is investing in growth and aims to significantly expand its portfolio by 2030, while maintaining a commitment to sustainability and Net Zero emissions by 2050.

EIH Ltd announced a revision in the re-opening timeline for The Oberoi Grand in Kolkata. Originally scheduled for an earlier date, the comprehensive renovation and refurbishment program has been extended. This delay is attributed to recent restrictions on construction in Kolkata, coupled with extensive structural restoration and conservation efforts, which have increased the scope of work. The revised expected re-opening date is now September 2028. The Board of Directors noted this update during their meeting held on August 6th, 2026.

EIH Ltd announced that its Board of Directors, in a meeting held on August 6, 2026, approved the Unaudited Financial Results (Standalone and Consolidated) for the Quarter ended June 30, 2026. The company has submitted the results along with the Limited Review Report. The review was conducted by Deloitte Haskins & Sells LLP in accordance with SEBI Listing Regulations and Indian Accounting Standards. The auditors confirmed that nothing came to their attention to suggest material misstatements in the financial statements.

EIH's consolidated revenue for the quarter ended June 30, 2026 rose 14.5% YoY to ₹656.96 Cr, beating our own pre-result preview range of ₹590-610 Cr and matching management's own release headlined "15% Revenue Growth." Reported consolidated PAT (before minority interest) jumped to ₹120.31 Cr from ₹36.88 Cr a year ago (+226% YoY), but that comparison is distorted: Q1 FY26 carried a ₹110.49 Cr one-off exceptional charge tied to the Mashobra Resort/Wildflower Hall litigation settlement, while this quarter has zero exceptional items. Stripping the one-off from the base, adjusted PAT was ~₹147 Cr a year ago versus ₹120.31 Cr now — an adjusted YoY decline of roughly 18%. Profit attributable to owners was ₹117.14 Cr (EPS ₹1.87). Sequentially, revenue fell 26.6% and PAT fell 51.7% QoQ against Q4 FY26 (₹895.22 Cr / ₹249.10 Cr) — expected seasonal softness, since January-March is peak season for Indian hotels and April-June runs into the monsoon lull, exactly the dynamic our pre-result preview flagged. The adjusted YoY profit decline traces to cost growth outrunning revenue: employee benefits expense rose 15.9% YoY (₹161.03 Cr vs ₹138.87 Cr) and other expenses rose 20.5% YoY (₹260.69 Cr vs ₹216.37 Cr), both ahead of the 14.5% topline growth. Operating margin (EBITDA/revenue from operations) came in at 25.35% this quarter, down from an adjusted 27.86% in Q1 FY26 (stripping that quarter's exceptional charge) and well below Q4 FY26's seasonally strong 37.30% — and materially below our preview's 37-38% expectation band, which appears to have anchored on the peak-season print rather than Q1 seasonality. Net margin (PAT/total income) was 17.24% versus an adjusted ~24.2% base a year ago. Management's Q4 FY26 concall guidance centered on ARR-led growth and cost efficiencies, with strong domestic demand offsetting geopolitical drag on international travel — this quarter's revenue growth is broadly consistent with that framing, though the filing discloses no RevPAR, occupancy or domestic/international mix data, so the ARR-versus-occupancy and mix questions flagged in our pre-result preview remain unresolved by this print. Management's own release strikes a bullish tone on India's long-term travel and tourism opportunity and an "ambitious development programme," but doesn't address the margin compression visible in the numbers. One concrete capex-related update this quarter: the Oberoi Grand Kolkata renovation has been pushed to September 2028, signalling the staggered capex/expansion programme (guided at ₹600-700 Cr annually) is running slower than originally scheduled, though the filing gives no updated capex figure for the quarter. Standalone results mirror the pattern — revenue ₹599.80 Cr (+15.6% YoY) and reported PAT ₹127.09 Cr, which adjusts to roughly -13.4% YoY after stripping the ₹110.32 Cr prior-year exceptional item. With no operational disclosures in this filing and no updated FY27 numeric guidance, the next checkpoints are whether margins recover toward FY26's full-year ~34.8% OPM level as the seasonally stronger Q3/Q4 quarters approach, and whether the delayed Oberoi Grand renovation affects near-term Kolkata capacity or FY27 capex pacing.

EIH Ltd has announced that its Board of Directors will convene on August 6, 2026, to consider and approve the Unaudited Financial Results for the quarter ended June 30, 2026. In line with SEBI regulations, the company has closed its trading window for designated persons from July 1, 2026, and it will reopen 48 hours after the financial results are declared, specifically on August 10, 2026. This announcement ensures compliance with insider trading regulations.

EIH Ltd has announced that its 76th Annual General Meeting (AGM) will be held on Friday, August 7, 2026, at 11:30 AM via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). In compliance with SEBI Listing Regulations, the company is issuing letters to shareholders without registered email addresses, providing a weblink to access the Annual Report for the Financial Year 2025-26. The cut-off date for this communication is July 3, 2026. Shareholders holding physical shares are encouraged to dematerialize them and update KYC details, with relevant forms available on the RTA website.

EIH Ltd, the flagship company of The Oberoi Group, has released its Integrated Annual Report for the Financial Year 2025-26. The report details the company's performance, strategic initiatives, and commitment to growth and stakeholder value. Key highlights include a total revenue of ₹31,057 Million, EBITDA of ₹11,899 Million, and Profit After Tax (PAT) of ₹6,573 Million. The company also reported a Net Worth of ₹54,093 Million and proposed a dividend of ₹938 Million. The report emphasizes the company's legacy in luxury hospitality, its expansion plans across India, the Middle East, Africa, and South Asia, and its focus on ESG initiatives, including renewable energy consumption and waste recycling. The annual report is available on the company's website and stock exchange portals.

EIH Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) along with an Independent Assurance Statement for the Financial Year 2025-26, as per SEBI Listing Regulations. The report details the company's performance across nine core principles of business responsibility and sustainability. Key disclosures include corporate identity, financial year 2025-26 reporting, stock exchange listings (BSE and NSE), paid-up capital of ₹1,250.73 million, and contact details for BRSR queries. The reporting boundary is standalone, covering 13 Hotels & Restaurants, 7 Business Units, and 4 Offices. DNV Business Assurance India Private Limited provided limited assurance. The report highlights that 98.97% of turnover comes from Hotel Services, with Rooms and Food & Beverages being the primary revenue drivers.