EIH Ltd posted a 19.3% increase in net profit for the second quarter, driven by sustained room rates and broad domestic travel demand across its luxury hospitality portfolio.
Net profit for the July–September quarter reached ₹136 crore, compared with ₹114 crore in the corresponding period last year, according to regulatory filings submitted to exchanges on Thursday. Revenue from operations climbed 16.1% to ₹694 crore from ₹598 crore a year earlier.
The operating performance held firm.
Earnings before interest, tax, depreciation, and amortisation (EBITDA) jumped 22.7% to ₹189 crore from ₹154 crore in the year-ago period. Operating margins expanded by 150 basis points to 27.2%, up from 25.7% twelve months prior, reflecting disciplined cost management even as property overheads grew across key commercial hubs.
| Financial Metric | Q2 FY27 | Q2 Last Year | YoY Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹694 crore | ₹598 crore | +16.1% |
| EBITDA | ₹189 crore | ₹154 crore | +22.7% |
| EBITDA Margin | 27.2% | 25.7% | +150 bps |
| Net Profit | ₹136 crore | ₹114 crore | +19.3% |
Alongside quarterly earnings, the board cleared a greenfield capital expenditure outlay of ₹777 crore to construct a five-star deluxe Trident hotel near the Shamshabad Airport in Hyderabad.
The project will come up on an 8.89-acre land parcel already owned by the company. Scheduled for commercial launch by September 2030, the property will target domestic and international transit and corporate flyers.
Management confirmed the project will be funded through a mix of internal cash accruals and debt financing, fitting squarely within the company's planned expansion across tier-one travel corridors.
In a concurrent disclosure, EIH outlined progress on its Southern India pilgrimage circuit development through subsidiary Svara Hotels Ltd, formerly known as Mumtaz Hotels Ltd.
Svara Hotels has secured an alternate parcel of land from the Andhra Pradesh government in exchange for previously allotted land designated for a Trident hotel in Tirupati. The revised capital outlay for the Tirupati asset stands at ₹344 crore.
The planned hotel will feature 124 keys, 132 bays, and eight suites, targeting luxury spiritual tourism when it opens by March 2030. Like the Shamshabad property, construction costs will be split between internal reserves and balance-sheet borrowing.
| Capex Pipeline Detail | Shamshabad (Hyderabad) | Tirupati Project |
|---|---|---|
| Brand Designation | Trident (Five-Star Deluxe) | Trident |
| Estimated Outlay | ₹777 crore | ₹344 crore |
| Land Holding | 8.89 acres (Company-owned) | AP Govt alternate allotment |
| Target Operational Date | September 2030 | March 2030 |
| Financing Structure |
Market Context: The dual capex approvals commit EIH to ₹1,121 crore in long-term hospitality infrastructure development across Andhra Pradesh and Telangana, balancing business-hub airport transit with high-yield spiritual destination travel.
Equity markets responded favorably to the numbers. Shares of EIH Ltd closed 1.72% higher at ₹316.65 on the BSE on Thursday, adding ₹5.35 over the previous session's close.
| Internal accruals and debt |
| Internal accruals and debt |