EIH Ltd (Oberoi Hotels): Can Luxury Become a Multibagger Staycation?
1. At a Glance
Luxury hotel OG of India. Killer brand recall (Oberoi, Trident). ROE at 18%, OPMs pushing 37%, debt-free. Oh, and planning 21 new properties. Peak hospitality flex incoming.
2. Introduction with Hook
If Taj is the Shah Rukh Khan of Indian hotels, then Oberoi is Irrfan Khan — classy, intense, never overexposed, but always elite.
Now back in full swing post-COVID, EIH is delivering EBITDA margins that feel like spa therapy — calm, consistent, and cash-generating.
FY25 Net Profit: ₹770 Cr
FY25 OPM: 37%
Debt? A rounding error.
And wait — UK, Rishikesh, Pune, Tirupati — expansion mode ON.
3. Business Model (WTF Do They Even Do?)
Segments: Luxury & premium hotels under Oberoi, Trident, Maidens.
Side Hustles: Flight catering, airport F&B, luxury cruisers, charters, and project management.
Geography: PAN India presence + now expanding abroad (EIH London Investments).
Room Count: Expanding with 21 new properties by 2029.
👑 Business = Luxury + Monopoly Pricing + Experience Moat
