EIH Ltd Share Price Target 2024, 2025 to 2030

EIH Limited, the flagship company of the Oberoi Group, is a distinguished name in the luxury hospitality sector, recognized for its commitment to excellence and outstanding service. Operating three renowned hotel brands—Oberoi, Trident, and Maidens—EIH offers a range of lavish accommodations and dining experiences tailored to discerning travelers. The Oberoi brand is synonymous with opulence and personalized service, while Trident strikes a balance between luxury and modernity, appealing to both business and leisure guests. Maidens, with its rich heritage, adds a unique charm to the company’s offerings. EIH has a significant global footprint, with properties in exotic locations such as Indonesia, Mauritius, Egypt, and the UAE, further enhancing its reputation in the international luxury market. Beyond hospitality, EIH is dedicated to corporate social responsibility, embedding ethical practices into its operations and engaging in community initiatives that promote sustainability and cultural heritage. The company also diversifies its services through flight catering, airport restaurants, car rentals in partnership with Mercury Car Rentals, and project management, showcasing its versatility. By blending luxury with responsible business practices, EIH Limited continues to set industry standards and remains a leader in the global hospitality landscape.

Latest News on EIH Ltd

Recent developments surrounding EIH Limited highlight a growing optimism among analysts regarding the company’s future. Experts are forecasting a significant rebound in demand for luxury accommodations, anticipating that occupancy rates will stabilize or improve in the upcoming quarters. This sentiment is bolstered by the gradual resurgence of global travel and tourism as restrictions ease, allowing more guests to experience EIH’s renowned hospitality.

In light of these trends, market analysts, including Osho Krishan from Angel One, have issued buy recommendations for EIH shares. They cite the company’s robust financial performance and positive market conditions as key factors influencing this outlook. This endorsement reflects confidence in EIH’s strategic positioning and operational resilience, suggesting that the company is well-equipped to capitalize on the anticipated recovery in the hospitality sector. As investors closely monitor these developments, EIH Limited appears poised for continued growth and success in the luxury hotel market.

Shareholdings Patterns of EIH Limited

The shareholding patterns of EIH Ltd reflect a stable ownership structure with notable dynamics among various investor groups from September 2023 to September 2024. Promoters maintain a consistent stake of 32.85%, showcasing their unwavering confidence in the company’s long-term prospects. Foreign Institutional Investors (FIIs) demonstrate slight fluctuations in their holdings, decreasing from 4.38% in September 2023 to 4.56% by September 2024, with a notable increase in March 2024 to 5.25%. Domestic Institutional Investors (DIIs) show a more stable trend, starting at 13.78% in September 2023 and experiencing a modest rise to 14.61% by September 2024, indicating a growing interest among domestic institutions in EIH Ltd.

The public’s shareholding reflects a slight decline from 49.00% in September 2023 to 47.99% in September 2024, suggesting a gradual shift in ownership dynamics. Throughout this period, the total number of shareholders has shown an increasing trend, climbing from 104,371 in September 2023 to 129,815 in September 2024, which indicates heightened interest and participation in EIH Ltd’s equity by retail investors. Overall, the shareholding patterns of EIH Ltd illustrate a resilient and diverse investor base, with stable promoter control and increasing institutional interest, positioning the company favorably for future growth and market engagement.

How to purchase EIH Ltd shares?

Below are the trading platforms that you can use to purchase EIH Ltd shares:

• Zerodha
• Upstox
• Groww
• AngelOne
• ICICIDirect

EIH Ltd Share Price Prediction: 2024 to 2025

EIH Ltd Share Price Target 2024

As we step into November 2024, EIH Ltd is anticipated to reach a maximum price of ₹469.85, with a minimum expected at ₹408.57. Moving into December 2024, the stock is projected to rise slightly, hitting a maximum of ₹474.55 while the minimum may settle at ₹412.65.

EIH Ltd Share Price Target 2025

As we move into January 2025, EIH Ltd is projected to reach a maximum price of ₹479.30, with a minimum expected at ₹368.69. In the following months, the stock is anticipated to show steady growth, with February’s maximum at ₹484.14 and a minimum of ₹372.41, followed by March reaching a maximum of ₹494.31 and a minimum of ₹380.24. By December 2025, EIH Ltd is expected to attain a maximum price of ₹558.15, while the minimum is anticipated to be ₹429.35. This upward trend reflects a positive outlook for EIH Ltd throughout the year.

EIH Ltd Share Price Prediction 2026

EIH Ltd Share Price Target 2027

EIH Ltd Share Price Target 2028

EIH Ltd Share Price Prediction 2029

EIH Ltd Share Price Target 2030

In January 2030, EIH Ltd is expected to see a maximum price of ₹1,204.13, with a minimum projected at ₹926.25. In February, the maximum price is anticipated to rise to ₹1,235.01, while the minimum is forecasted at ₹950.00. As the year progresses, March will likely see a maximum of ₹1,283.17 and a minimum of ₹987.06. By December 2030, EIH Ltd’s maximum price is projected to reach ₹1,439.22, with a minimum of ₹1,107.09. This forecast indicates a steady growth trajectory for EIH Ltd throughout the year.

Financial Condition of EIH Ltd: Last 5 years

EIH Ltd’s financial performance over the past five years, measured in crores, illustrates a significant recovery and upward growth trajectory, particularly from March 2020 to March 2024. Starting with sales, the company reported ₹1,596 crores in March 2020, which saw a substantial dip to ₹494 crores in March 2021 due to the pandemic’s impact. However, sales rebounded impressively, reaching ₹2,511 crores by March 2024, and peaking at ₹2,540 crores in the trailing twelve months (TTM).

In terms of expenses, EIH Ltd experienced an increase from ₹1,301 crores in March 2020 to ₹1,633 crores in the TTM, although the rise in expenses is proportional to the growth in sales. The operating profit has shown a remarkable turnaround, moving from a loss of ₹354 crores in March 2021 to a robust operating profit of ₹927 crores in March 2024, resulting in an Operating Profit Margin (OPM) of 37%. This demonstrates the company’s ability to effectively manage costs while enhancing profitability.

Other income has also contributed positively, increasing from ₹73 crores in March 2020 to ₹141 crores in March 2024. Despite the reduction in interest expenses from ₹56 crores in March 2020 to ₹19 crores by March 2024, EIH Ltd has maintained consistent depreciation expenses around ₹130 crores.

The company’s profit before tax transitioned from a loss of ₹476 crores in March 2021 to a profit of ₹917 crores in March 2024, reflecting a robust recovery. The net profit mirrored this trend, moving from a loss of ₹375 crores to ₹678 crores over the same period. EIH Ltd’s earnings per share (EPS) improved significantly, reaching ₹10.22 in March 2024, up from a loss of ₹5.91 in the previous year.

Finally, the dividend payout indicates a commitment to returning value to shareholders, with a payout of 22% in March 2023, though this was reduced to 12% in the following year, likely to support further growth initiatives. Overall, EIH Ltd’s financial metrics demonstrate a strong recovery, with promising growth prospects and effective management strategies that position the company favorably in the competitive hospitality industry.

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