EIH Associated Hotels Ltd.

NSE: EIHAHOTELS | BSE: 523127 | ISIN: INE276C01014 |Industry: Hotels
|Expensive Performer
275.40 -3.05 (-1.10%)
NSE Jan 15, 2021 15:31 PM
Volume: 6,500

EIH Associated Hotels Ltd.    
25 Jan 2017
ICICI Securities Limited
EIH reported a good set of Q3FY17 numbers. Revenues declined 6.4% YoY to | 375.4 crore (vs. I-direct estimate of | 373.0 crore) mainly led by closure of The Oberoi, New Delhi for renovation. However, adjusting for The Oberoi, New Delhi revenues (which contributed 14% to overall revenues) we believe revenues increased ~9% YoY mainly due to an increase in management fees and opening of a new hotel in Chandigarh EBITDA margin also improved 315.8 bps YoY to 29.6% (vs. I-direct...
EIH Associated Hotels Ltd. is trading below it's 30 day SMA of 279.1
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