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Results
11-Feb-25
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Analysis
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EIH Associated Hotels
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Net sales up 5% YoY to Rs 133.01 cr in Q3FY2025
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On standalone basis
Quarter ended December
2024 compared with Quarter ended December 2023.
Net sales (including other operating income) of EIH Associated Hotels has
increased 5.02% to Rs 133.01 crore.
Operating profit margin
has declined from 41.27% to 40.46%, leading to 2.95% rise in operating profit
to Rs 53.81 crore. Raw material cost as a % of total sales (net of
stock adjustments) decreased from 6.95% to 6.71%. Employee cost
increased from 13.22% to 13.69%. Other expenses rose from 38.57% to
39.15%.
Other income up 40.07%
to Rs 4.09 crore. PBIDT rose 4.91% to Rs 57.9
crore. Provision for interest up 10% to Rs 0.11 crore.
PBDT rose 4.90% to Rs
57.79 crore. Provision for depreciation down 0.23% to Rs 4.27
crore.
Profit before tax grew
5.33% to Rs 53.52 crore. Provision for tax was expense of Rs 13.61
crore, compared to Rs 12.93 crore. Effective tax rate was 25.43%
compared to 25.45%.
Profit after tax rose
5.36% to Rs 39.91 crore.
Promoters’ stake was
75.00% as of 31 December 2024 ,compared to 75.00% as of 31 December 2023
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For year-to-date (YTD) results analysis
Net sales (including other operating
income) of EIH Associated Hotels has increased 6.36% to Rs 268.33
crore.
Operating profit margin
has declined from 25.06% to 24.53%, leading to 4.10% rise in operating profit
to Rs 65.82 crore. Raw material cost as a % of total sales (net of
stock adjustments) decreased from 7.59% to 7.51%. Employee cost
increased from 19.65% to 19.99%. Other expenses rose from 47.69% to
47.96%.
Other income up 37.98%
to Rs 12.86 crore. PBIDT rose 8.45% to Rs 78.68
crore. Provision for interest fell 55.07% to Rs 0.31
crore.
PBDT rose 9.06% to Rs
78.37 crore. Provision for depreciation rose 3.98% to Rs 13.05
crore.
Profit before tax grew
10.13% to Rs 65.32 crore. Provision for tax was expense of Rs 15.56
crore, compared to Rs 15.1 crore. Effective tax rate was 25.45%
compared to 25.46%.
Profit after tax rose
3.08% to Rs 45.57 crore.
Promoters’ stake was
75.00% as of 31 December 2024 ,compared to 75.00% as of 31 December 2023
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Full year results analysis
Net sales (including other operating income) of EIH Associated Hotels has
increased 14.16% to Rs 384.79 crore.
Operating profit margin
has jumped from 28.10% to 29.44%, leading to 19.63% rise in operating profit to
Rs 113.30 crore. Raw material cost as a % of total sales (net of
stock adjustments) decreased from 8.02% to 7.20%. Employee cost
increased from 17.10% to 17.77%. Other expenses fell from 46.79% to
45.59%.
Other income up 85.29%
to Rs 13.1 crore. PBIDT rose 24.19% to Rs 126.4
crore. Provision for interest up 105.13% to Rs 0.8
crore. Loan funds declined from Rs 5.02 crore as of 31 March 2023 to
Rs 4.04 crore as of 31 March 2024. Inventories declined from Rs
14.78 crore as of 31 March 2023 to Rs 14.46 crore as of 31 March
2024. Sundry debtors were higher at Rs 22.31 crore as of 31 March
2024 compared to Rs 16.01 crore as of 31 March 2023. Cash and bank
balance rose to Rs 39.74 crore as of 31 March 2024 from Rs 18.90 crore as of 31
March 2023. Investments rose to Rs 153.22 crore as of 31 March 2024
from Rs 139.53 crore as of 31 March 2023 .
PBDT rose 23.88% to Rs
125.6 crore. Provision for depreciation rose 1.93% to Rs 16.86
crore. Fixed assets increased to Rs 309.96 crore as of 31 March 2024
from Rs 287.56 crore as of 31 March 2023. Intangible assets declined
from Rs 0.23 crore to Rs 0.06 crore.
Profit before tax grew
28.16% to Rs 108.74 crore. Provision for tax was expense of Rs 27.71
crore, compared to Rs 20.23 crore. Effective tax rate was 25.48%
compared to 23.84%.
Profit after tax rose
25.39% to Rs 81.03 crore.
Promoters’ stake was
75.00% as of 31 March 2024 ,compared to 75.00% as of 31 March 2023
.
Cash flow from operating
activities decreased to Rs 77.53 crore for year ended March 2024 from Rs 91.23
crore for year ended March 2023. Cash flow used in acquiring fixed
assets during the year ended March 2024 stood at Rs 37.36 crore, compared to Rs
19.68 crore during the year ended March 2023.
| EIH Associated Hotels : Standalone Results | | Quarter ended | Year to Date | Year ended |
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| Particulars | 202412 | 202312 | Var.(%) | 202412 | 202312 | Var.(%) | 202403 | 202303 | Var.(%) |
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| Net Sales (including other operating income) | 133.01 | 126.65 | 5.02 | 268.33 | 252.29 | 6.36 | 384.79 | 337.07 | 14.16 | | OPM (%) | 40.46 | 41.27 | -82 bps | 24.53 | 25.06 | -53 bps | 29.44 | 28.10 | 135 bps | | OP | 53.81 | 52.27 | 2.95 | 65.82 | 63.23 | 4.10 | 113.30 | 94.71 | 19.63 | | Other Inc. | 4.09 | 2.92 | 40.07 | 12.86 | 9.32 | 37.98 | 13.10 | 7.07 | 85.29 | | PBIDT | 57.90 | 55.19 | 4.91 | 78.68 | 72.55 | 8.45 | 126.40 | 101.78 | 24.19 | | Interest | 0.11 | 0.1 | 10.00 | 0.31 | 0.69 | -55.07 | 0.8 | 0.39 | 105.13 | | PBDT | 57.79 | 55.09 | 4.90 | 78.37 | 71.86 | 9.06 | 125.60 | 101.39 | 23.88 | | Depreciation | 4.27 | 4.28 | -0.23 | 13.05 | 12.55 | 3.98 | 16.86 | 16.54 | 1.93 | | PBT | 53.52 | 50.81 | 5.33 | 65.32 | 59.31 | 10.13 | 108.74 | 84.85 | 28.16 | | PBT before EO | 53.52 | 50.81 | 5.33 | 65.32 | 59.31 | 10.13 | 108.74 | 84.85 | 28.16 | | EO Income | 0 | 0 | - | -4.19 | 0 | - | 0 | 0 | - | | PBT after EO | 53.52 | 50.81 | 5.33 | 61.13 | 59.31 | 3.07 | 108.74 | 84.85 | 28.16 | | Taxation | 13.61 | 12.93 | 5.26 | 15.56 | 15.1 | 3.05 | 27.71 | 20.23 | 36.97 | | PAT | 39.91 | 37.88 | 5.36 | 45.57 | 44.21 | 3.08 | 81.03 | 64.62 | 25.39 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 39.91 | 37.88 | 5.36 | 45.57 | 44.21 | 3.08 | 81.03 | 64.62 | 25.39 | | EPS (Rs)* | 6.55 | 6.22 | 5.36 | 7.99 | 7.26 | 10.16 | 13.30 | 10.60 | 25.39 | | | * EPS is on current equity of Rs 60.94 crore, Face value of Rs 10, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
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Peer Comparision (Standalone)
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Q-202412
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Sales
(Rs. Crs)
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var.(%)
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OP
(Rs. Crs)
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var.(%)
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Net Profit
(Rs. Crs)
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var.(%)
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Share Price(Rs)
10-Feb-2025
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var.(%)
over
One year
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TTM EPS
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TTM PE
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EIH Associated Hotels Ltd
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133.01
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5.02
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53.81
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2.95
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39.91
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5.36
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374.25
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9.28
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14.03
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26.67
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Advani Hotels & Resorts (India) Ltd
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35.14
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8.83
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15.86
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23.71
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11.92
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28.03
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64.91
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-18.23
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2.77
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23.47
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Apeejay Surrendra Park Hotels Ltd
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171.71
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12.82
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60.88
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13.54
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31.90
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23.69
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180.10
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-11.48
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3.55
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50.74
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Apollo Sindoori Hotels Ltd
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80.91
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10.4
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3.08
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-17.2
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2.03
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5.18
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1,484.95
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-30.47
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38.07
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39.01
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Barbeque-Nation Hospitality Ltd
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261.83
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-4.32
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45.34
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-8.63
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0.00
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-
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306.30
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-51.08
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-5.13
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-
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Benares Hotels Ltd
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38.87
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15.65
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18.69
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17.99
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13.56
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20
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11,568.10
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22.13
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298.31
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38.78
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Best Eastern Hotels Ltd
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1.62
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-2.41
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-0.11
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PL
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-0.20
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PL
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15.06
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-21.28
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-0.10
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-
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Blue Coast Hotels Ltd
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0.00
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-
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-0.36
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2.7
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-0.31
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77.21
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34.68
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531.69
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-3.84
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-
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Chalet Hotels Ltd
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433.74
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16.99
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197.88
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19.07
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101.92
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39.25
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724.45
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-11.01
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5.49
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131.89
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CHL Ltd
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28.30
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18.66
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10.81
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25.12
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9.61
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24.81
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39.65
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-1.15
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4.63
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8.56
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Gujarat Hotels Ltd
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1.41
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34.29
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1.28
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34.74
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1.64
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35.54
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293.65
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62.28
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13.06
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22.48
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H. S. India Ltd
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7.23
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6.48
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1.39
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8.59
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0.73
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12.31
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17.24
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-4.80
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0.84
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20.44
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Indian Hotels Co Ltd
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1,473.61
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15.07
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681.95
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22.14
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468.77
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23.22
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776.80
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46.69
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9.36
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82.95
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Kamat Hotels (India) Ltd
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84.84
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35.05
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33.86
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-58.57
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25.15
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128.84
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294.15
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0.02
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12.98
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22.66
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Lemon Tree Hotels Ltd
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104.21
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2.1
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54.12
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-6.4
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28.50
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-15.73
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136.45
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3.41
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1.26
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108.22
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Lords Ishwar Hotels Ltd
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2.31
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14.36
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0.11
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-42.11
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-0.02
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PL
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19.45
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11.53
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0.40
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48.43
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Mahindra Holidays & Resorts India Ltd
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359.93
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7.21
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95.54
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14.97
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50.73
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-25.44
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336.70
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-14.23
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8.73
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38.57
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Oriental Hotels Ltd
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121.35
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19.56
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34.18
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21.72
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13.99
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-14.85
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141.40
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11.29
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2.42
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58.51
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Phoenix Township Ltd
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8.88
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11.98
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3.91
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185.4
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2.19
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421.43
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262.00
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178.43
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4.29
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61.04
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Ras Resorts & Apart Hotels Ltd
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3.68
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12.54
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0.44
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158.82
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0.13
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LP
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49.02
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3.99
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2.09
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23.45
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Restaurant Brands Asia Ltd
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495.37
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11.21
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77.60
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9.68
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-18.63
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-190.64
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75.77
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-29.97
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-1.87
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-
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Robust Hotels Ltd
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32.91
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4.24
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8.78
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0.11
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2.53
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1.2
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231.60
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43.05
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4.77
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48.60
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Samhi Hotels Ltd
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39.55
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9.19
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12.00
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LP
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0.26
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LP
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154.60
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-20.92
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0.06
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2,465.22
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Sapphire Foods India Ltd
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638.34
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11.51
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115.04
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4.28
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3.46
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-64.07
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311.40
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13.20
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0.51
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606.89
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Savera Industries Ltd
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19.29
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10.42
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2.70
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-16.15
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2.02
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-25.19
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140.75
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-0.49
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8.98
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15.68
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Sayaji Hotels (Indore) Ltd
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30.17
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15.99
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8.34
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33.87
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4.54
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-7.16
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698.45
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132.66
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36.11
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19.34
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Sayaji Hotels (Pune) Ltd
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21.14
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12.57
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7.72
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11.88
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5.59
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12.47
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830.00
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514.45
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59.71
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13.90
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Sayaji Hotels Ltd
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42.54
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34.96
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13.22
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13.97
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5.01
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-28.22
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296.35
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-5.97
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9.60
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30.87
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Sinclairs Hotels Ltd
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14.43
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2.56
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3.20
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-44.44
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1.12
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-79.52
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94.97
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-26.89
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3.03
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31.35
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Speciality Restaurants Ltd
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119.39
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9.04
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25.46
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15.83
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9.11
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-32.37
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143.70
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-39.25
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4.23
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33.94
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TajGVK Hotels & Resorts Ltd
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126.94
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14.23
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49.61
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22.95
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33.89
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39.98
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405.35
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32.19
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14.69
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27.60
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Univa Foods Ltd
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0.00
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-
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-0.12
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-100
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-0.12
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-100
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6.49
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15.48
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-0.09
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-
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Velan Hotels Ltd
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0.00
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-
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-0.31
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-106.67
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-0.44
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-57.14
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6.72
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-4.41
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-0.41
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-
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Viceroy Hotels Ltd
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37.75
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16.12
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11.36
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256.11
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7.29
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-1.35
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118.70
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212.45
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10.09
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11.76
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Westlife Foodworld Ltd
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0.24
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9.09
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-0.17
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-6.25
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-0.14
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-75
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831.10
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7.09
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-0.07
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-
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Industry
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4,970.64
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11.99
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1,647.09
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24.85
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857.64
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14.87
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218,280.80
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58.24
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106.49
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Previous News |
EIH Associated Hotels standalone net profit rises 88.56% in the December 2022 quarter
(
Results
-
Announcements
09-Feb-23
14:26
)
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EIH Associated Hotels standalone net profit rises 68.08% in the March 2016 quarter
(
Results
-
Announcements
24-May-16
16:28
)
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EIH Associated Hotels to declare Quarterly Result
(
Corporate News
-
20-Jan-22
10:08
)
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EIH Associated Hotels to announce Quarterly Result
(
Corporate News
-
30-Jun-21
14:54
)
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EIH Associated Hotels declare Quarterly Result
(
Corporate News
-
18-May-24
16:46
)
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EIH Associated Hotels standalone net profit rises 18.19% in the March 2019 quarter
(
Results
-
Announcements
29-May-19
16:26
)
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EIH Associated Hotels to convene AGM
(
Corporate News
-
06-Jul-22
14:17
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EIH Associated Hotels to hold board meeting
(
Corporate News
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04-Oct-19
17:08
)
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EIH Associated Hotels reports net profit of Rs 0.54 crore in the June 2013 quarter
(
Results
-
Announcements
09-Aug-13
09:37
)
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EIH Associated Hotels to declare Quarterly Result
(
Corporate News
-
19-Apr-21
14:58
)
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EIH Associated Hotels standalone net profit declines 40.96% in the March 2020 quarter
(
Results
-
Announcements
23-Jun-20
18:28
)
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