EIH Associated Hotels Ltd
EIH Associated Hotels Ltd (EIHAHOTELS)

EIH Associated Hotels Ltd (EIHAHOTELS)

₹482.20.84%

Key Stats

₹477.95
Day's Price Range
₹485.55
₹307.4
52-Week Price Range
₹519
1 Month Return10.9 %
3 Month Return30.91 %
1 Year Return17.23 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 462
EPS
Rank 466
BVPS
Rank 258
₹45.7
Dividend Yield
Rank 48
1.95%
ROE
Rank 452
3.96%
Price To Book Ratio
10.46
Debt To Asset
Rank 152
0.73

Company Information

EIH Associated Hotels Ltd is an Indiabased company. The company is in the business of hotel operation. Their principal activity is to provide hotel and resort services. The companys hotels include The Oberoi Cecil Shimla The Oberoi Rajvilas Jaipur Trident Agra Trident Bhubaneshwar Trident Chennai Trident Jaipur Trident Udaipur and Trident Cochin. Island Hotel Maharaj Ltd is the wholly owned subsidiary of the company. EIH Associated Hotels Ltd was incorporated in March 21 1983 as a public limited company in the state of Tamil Nadu. The company commenced their operations on June 10 1983 with the brand name Pleasant Hotels. In November 6 1984 the company entered into a franchise agreement with Ramada U.K. Ltd. The name of the company was changed from Pleasant Hotels Ltd to Oberoi Associated Hotels Ltd with effect from October 25 1989.In November 1 1996 the name of the company was further changed to EIH Associated Hotels Ltd. In the year 1997 the company opened their deluxe hotel Rajvilas in Jaipur. In the year 2001 they acquired about 1.62 lakh sq ft of space at the BandraKurla complex in Mumbai from the Mumbai Metropolitan Regional Development Authority for Rs 121 crore. In September 2002 ITC marginally increased their stake in the company to 14.9 percent.During the year 20032004 the company entered into Franchise agreement with Hilton International and The Trident Chennai had rebranded into Trident Hilton. The company introduced contact center and became operational with Toll Free number for easy access by customer. During the year 20052006 the companys all day dinning restaurant was opened at Trident Hiltion Chennai and a new business center was added at the hotel. Indus Corporation Ltd amalgamated with the company with effect from April 1 2005. During the year 20062007 the company acquired of two hotels namely the Oberoi Cencil Shimla and Trident Hilton Bhubaneswar They developed a new seafood restaurant at Hilton Chennai.During the year 20072008 the company opened a speciality Indian restaurant in Oberoi Rajvilas Jaipur. In November 2007 the company completed the renovation of Trident Agra and in December 2007 they also opened a new seafood restaurant at Trident Chennai. During the year 20082009 the company twofitness center opened in Trident Chennai and Trident Bhubaneshwar.
OrganisationEIH Associated Hotels Ltd
HeadquartersChennai
IndustryHotels & Restaurants