Key Financial Figures - Standalone (₹ in Crores)
Income Statement Highlights:
- Revenue from operations: ₹2,636.87 crore for FY2026 (vs ₹2,399.87 crore in FY2025)
- Other income: ₹175.62 crore for FY2026 (vs ₹135.42 crore in FY2025)
- Total income: ₹2,812.49 crore for FY2026 (vs ₹2,535.29 crore in FY2025)
- Profit before exceptional items and tax: ₹918.66 crore for FY2026 (vs ₹865.59 crore in FY2025)
- Exceptional items (net loss): ₹131.00 crore for FY2026 (vs net gain of ₹96.90 crore in FY2025)
- Profit before tax: ₹787.66 crore for FY2026 (vs ₹962.49 crore in FY2025)
- Tax expense: ₹249.15 crore for FY2026 (vs ₹211.21 crore in FY2025)
- Profit for the year: ₹538.51 crore for FY2026 (vs ₹751.28 crore in FY2025)
- Earnings per share (Basic & Diluted): ₹8.61 for FY2026 (vs ₹12.01 for FY2025)
Quarterly Performance (Standalone):
- Q4 FY2026 Revenue: ₹808.76 crore
- Q4 FY2026 Net Profit: ₹200.17 crore
- Q4 FY2026 EPS: ₹3.20
Balance Sheet Highlights (Standalone as at 31st March 2026):
- Total assets: ₹5,565.15 crore (vs ₹5,074.05 crore as at 31st March 2025)
- Property, plant and equipment: ₹2,476.30 crore
- Right-of-use assets: ₹322.68 crore
- Investments: ₹963.38 crore (non-current) + ₹3.47 crore (current)
- Cash and cash equivalents: ₹36.47 crore
- Bank balances (other than cash): ₹723.72 crore
- Assets classified as held for sale: ₹1,187.64 crore
- Total equity: ₹4,688.68 crore
- Equity share capital: ₹125.07 crore
- Other equity: ₹4,563.61 crore
Key Financial Figures - Consolidated (₹ in Crores)
Income Statement Highlights:
- Revenue from operations: ₹2,939.63 crore for FY2026 (vs ₹2,743.15 crore in FY2025)
- Profit for the year attributable to owners: ₹628.28 crore for FY2026 (vs ₹739.45 crore in FY2025)
- Consolidated EPS (Basic & Diluted): ₹10.05 for FY2026 (vs ₹11.82 for FY2025)
Exceptional Items Details
The financial results were significantly impacted by exceptional items totaling a net loss of ₹131.00 crore (standalone) and ₹132.08 crore (consolidated) for FY2026, primarily related to:
1. Wildflower Hall Dispute Resolution: Net impact of ₹101.91 crore loss from various court orders:
- ₹110.32 crore charge in Q2 FY2026 pursuant to Himachal Pradesh High Court order dated 2nd June 2025
- ₹8.41 crore gain in Q3 FY2026 pursuant to High Court order dated 14th October 2025
2. Labour Code Implementation: ₹29.09 crore charge in Q3 FY2026 due to enactment of new labor codes notified on 21st November 2025
Wildflower Hall Matter Chronology
Mashobra Resort Limited (MRL), a subsidiary until 31st March 2025, was involved in a long-standing dispute with the Government of Himachal Pradesh over the Wildflower Hall property:
- 1995: Joint venture agreement between EIH Limited and Government of Himachal Pradesh
- 1997: MRL acquired ownership of Wildflower Hall property
- 20th February 2024: Supreme Court order directing vacation and handover of hotel by 31st March 2025
- 31st March 2025: Vacant possession handed over to the State
- 2nd June 2025: Himachal Pradesh High Court order adjusting investment value to ₹13.00 crores and writing down advances by 50% to ₹68.09 crores
- 14th October 2025: High Court order reversing user fees obligation of ₹4.59 crores
- 31st December 2025: Shares transferred to State government
- 5th January 2026: Proceedings closed by High Court
Dividend Declaration
The Board of Directors has proposed a final dividend of ₹1.5 per share for FY2026, subject to approval by members at the ensuing Annual General Meeting. The dividend is in accordance with Section 123 of the Companies Act 2013.
Audit and Compliance
- Financial results approved by Board of Directors at meeting held on 26th May 2026 (4:00 PM to 6:00 PM)
- Results reviewed by Audit Committee on 25th May 2026
- Unmodified audit opinion issued by Deloitte Haskins & Sells LLP
- Declaration of unmodified opinion provided pursuant to Regulation 33(3)(d) of Listing Regulations
Subsidiaries and Associates
The consolidated results include:
Subsidiaries: Svara Hotels Limited, Oberoi Kerala Hotels and Resorts Limited, EIH International Ltd, EIH Holdings Ltd, PT Widja Putra Karya, PT Waka Oberoi Indonesia, PT Astina Graha Ubud, EIH London Investments Limited
Associates: EIH Associated Hotels Limited, La Roseraie De L'altas, Usmart Education Limited
Joint Ventures: Avis India Mobility Solutions Private Limited, Oberoi Mauritius Ltd (including subsidiary Island Resort Limited)