EIH Ltd
#EIH
#EIHHOTEL
#EIHLTD

Record #Q3FY24 with industry leading growth rate for revenues, EBITDA,PBT and PAT🔥

Deeply undervalued vs Indian Hotels for thenkind of consistent improvement vs Indian Hotels in last 5 quartersbin a row

Superlative margins
Highest OPM

Consistent industry leading occupancy and ARR

Q4 is always a strong quarter for the hotel sector
So should have record FY24 to close with

RevPAR growth of Trident and Oberoi hotels consistently higher than industry

Q3 occupancy at 79%
RevPAR ⏫27% YoY

Indian hotel industry in upcycle with high demand and limited supply and is expected to continue like this for a year or two

Debt free with 680cr cash on hand

Solid uptick in return ratios

Healthy balance sheet