EIH Limited (The Oberoi Group) has submitted a transcript of its investor meet and call held on August 12, 2026, to discuss the Unaudited Financial Results for the first quarter of FY27. The discussion covered key performance indicators, industry trends, brand performance (Oberoi and Trident), financial highlights, and future expansion plans, including approximately 30 new properties expected by 2031.
Q1 FY27 Investor Webinar Transcript Released
EIH Limited has officially released the transcript of its Q1 FY27 earnings webinar, held on Wednesday, August 12, 2026. The webinar featured insights from Mr. Vikram Oberoi, MD & CEO, and Mr. Vineet Kapur, CFO, of EIH Limited, with moderation by Mr. Navin Agrawal from SKP Securities Ltd. The session focused on the company’s financial performance for the quarter ended June 30, 2026, and provided updates on its strategic initiatives and expansion pipeline.
Key Financial Highlights and Performance
During the quarter, EIH Limited reported a consolidated revenue of ₹698 crores, a healthy 15% growth compared to ₹609 crores in the previous year. EBITDA saw an increase from ₹195 crores to ₹207 crores. Net Profit After Tax (PAT) stood at ₹120 crores. The company highlighted strong domestic demand as a key driver, offsetting impacts from geopolitical situations affecting foreign arrivals. Industry performance was positive, with occupancy and ARR showing growth, supported by domestic demand and an anticipated return of foreign tourists in Q3 and Q4.
Brand Performance and Market Leadership
EIH maintained its leadership position in RevPAR (Revenue Per Available Room) against its STR competition set. The Oberoi brand saw an 8.2% RevPAR growth, while the Trident brand experienced a stronger growth of 13.8%, driven by robust performance in Mumbai and high occupancy and ARR across its large-key count hotels. The company emphasized its competitive strategy focuses on measuring performance against true competitors.
Expansion and Future Outlook
EIH is pursuing a robust expansion plan, with approximately 30 new properties slated to be operational by 2031, encompassing both owned and managed hotels. The company detailed upcoming projects, including significant developments in Hebbal (Bangalore) and Goa. The Oberoi London is expected to open in 2028. Management expressed optimism about future growth and the potential for new opportunities to materialize.
Operational Updates and Challenges
The transcript also touched upon operational aspects, including the impact of renovations on occupancy and revenue, with most major renovations scheduled during low-occupancy periods to minimize disruption. Challenges such as the West Asia crisis affecting foreign tourist arrivals and increased marketing and IT expenditures were discussed. The company also addressed renovation timelines for the Kolkata hotel, citing safety regulations and a construction halt in the city as factors causing delays.
Flight Catering Business Growth
The flight catering business (OFS) showed healthy revenue growth, recording ₹154 crores in Q1. This growth was attributed to new client additions and increased business from international airlines operating direct flights into India. The OFS business was reported to be profitable and did not significantly impact overall margins.
Source: BSE
