Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹83Cr
Rev Gr TTM
Revenue Growth TTM
2,325.00%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

ECOHOTELS
VS
| Quarter | Jun 2023 | Sep 2023 | Dec 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | | | | | -50.0 | -100.0 | 0.0 | 333.3 | 866.7 | | 4,375.0 | 1,800.0 |
| 0 | 1 | 2 | 2 | 1 | -1 | 2 | 2 | 2 | 1 | 2 | 7 |
Operating Profit Operating ProfitCr |
| -716.7 | -1,200.0 | -5,225.0 | -5,400.0 | -4,866.7 | | -3,850.0 | -1,615.4 | -424.1 | -383.3 | -38.5 | -176.9 |
Other Income Other IncomeCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 |
Interest Expense Interest ExpenseCr | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| 0 | -2 | -2 | -1 | -1 | 1 | -1 | -2 | -1 | -1 | -2 | -6 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | -1 |
|
Growth YoY PAT Growth YoY% | | | | | -147.7 | 174.8 | 29.8 | 32.9 | -23.9 | -186.1 | -50.7 | -461.2 |
| -733.3 | -3,260.0 | -5,200.0 | -4,866.7 | -3,633.3 | | -3,650.0 | -753.9 | -465.5 | -350.0 | -122.9 | -222.7 |
| -1.0 | -1.8 | -4.7 | -0.8 | -2.1 | 1.4 | -0.3 | -2.0 | -0.3 | -0.2 | -0.3 | -1.7 |
| Financial Year | Mar 2017 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|
|
| | | -8.0 | 2,828.7 |
| 5 | 5 | 4 | 12 |
Operating Profit Operating ProfitCr |
| 4.5 | -2,635.1 | -2,097.0 | -153.2 |
Other Income Other IncomeCr | 0 | 0 | 1 | 0 |
Interest Expense Interest ExpenseCr | 0 | 1 | 0 | 2 |
Depreciation DepreciationCr | 0 | 0 | 0 | 2 |
| 0 | -6 | -3 | -11 |
| 0 | 0 | 1 | -1 |
|
| | | 36.8 | -205.2 |
| 3.0 | -3,117.7 | -2,142.8 | -223.3 |
| 0.3 | -3.2 | -0.8 | -2.0 |
| Financial Year | Mar 2017 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|
Equity Capital Equity CapitalCr | 4 | 30 | 52 | 58 |
| -43 | -9 | -17 | -25 |
Current Liabilities Current LiabilitiesCr | 0 | 2 | 2 | 7 |
Non Current Liabilities Non Current LiabilitiesCr | 48 | 0 | 2 | 33 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 5 | 21 | 8 | 2 |
Non Current Assets Non Current AssetsCr | 5 | 17 | 30 | 72 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2017 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|
Operating Cash Flow Operating Cash FlowCr | 0 | -6 | -13 | 36 |
Investing Cash Flow Investing Cash FlowCr | -1 | 0 | -84 | -43 |
Financing Cash Flow Financing Cash FlowCr | 1 | 25 | 77 | 6 |
|
Free Cash Flow Free Cash FlowCr | -1 | -6 | -23 | |
| 178.4 | 100.2 | 372.9 | -330.9 |
CFO To EBITDA CFO To EBITDA% | 118.4 | 118.6 | 381.0 | -482.4 |
| Financial Year | Mar 2017 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 0 | 115 | 81 | 51 |
Price To Earnings Price To Earnings | 0.0 | 0.0 | 0.0 | -4.8 |
Price To Sales Price To Sales | 0.0 | 636.4 | 478.1 | 10.6 |
Price To Book Price To Book | 0.0 | 5.3 | 2.4 | 1.6 |
| 221.9 | -19.7 | -21.6 | -6.9 |
Profitability Ratios Profitability Ratios |
| 14.5 | 100.0 | 138.3 | 93.2 |
| 4.5 | -2,635.1 | -2,097.0 | -153.2 |
| 3.0 | -3,117.7 | -2,142.8 | -223.3 |
| 1.7 | -21.1 | -8.3 | -29.1 |
| -0.4 | -27.1 | -10.4 | -33.0 |
| 1.5 | -14.6 | -9.3 | -14.7 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
Eco Hotels and Resorts Limited (EHRL) is a pioneering, BSE-listed hospitality company headquartered in Mumbai, repositioned as **the world’s first net-zero premium value hotel brand**. The company targets the underserved **mid-scale and budget accommodation segments** in India, with a strategic focus on **Tier I, II, and III cities**. EHRL has transitioned from its legacy as a textile manufacturer (formerly *Sharad Fibres and Yarn Processors Limited*) to a sustainability-first, tech-driven real estate and hospitality platform, rebranded in 2023.
The company is promoted by **Eco Hotels UK PLC** and serves as the **exclusive asset manager** for the **Red Ribbon RE RISE India Real Estate Fund**, enabling a vertically integrated, 360-degree real estate operating model.
---
### **Core Business & Strategy**
Eco Hotels and Resorts operates on an **asset-light, capital-efficient business model** built around **three primary streams**:
1. **Long-Term Leasing** (10–20+10 year leases)
2. **Management Contracts** (10-year terms, optional extensions)
3. **EBOT™ (Enterprise. Build. Operate. Trade.)** – a proprietary, full-cycle franchise model
This diversified strategy allows for rapid, scalable expansion while minimizing capital risk and ensuring consistent brand and sustainability standards.
---
### **Brand Portfolio & Market Positioning**
EHRL offers a multi-brand, eco-conscious portfolio tailored to India’s growing middle class, millennials, and spiritually aligned travelers:
| **Brand** | **Segment** | **Key Features** | **Room Range / Pricing (₹)** |
|---------|----------|----------------|-----------------------------|
| **EcoValue** | Budget | Entry-level, transit/pilgrimage locations | 15–35 rooms / ₹1,500–3,500 |
| **EcoXpress / EcoXpress Satva** | Smart Midscale | Compact, business/transit focused with F&B options | 30–65 rooms / ₹2,500–4,500 |
| **The Eco / The Eco Satva** | Mid-Premium | Full-service, 3-star+ with banquets, rooftop dining, wellness | 40–100 rooms / ₹3,000–6,000 |
| **The Eco Grand** | Premium Sustainable | Luxury eco-hotels in heritage cities | 75–150 rooms / ₹3,500–7,499 |
- **Satva** label: Denotes **strictly vegetarian and vegan** properties, featuring sattvic cuisine through concepts like **Sahar**, **GG’s**, and **Kick in the Brick**.
- **Pure vegetarian-first philosophy** reflects ecological, spiritual, and health-focused values.
---
### **Sustainability & Innovation**
Eco Hotels is a leader in **sustainable real estate development**, using advanced technologies to reduce environmental impact:
- **3D Volumetric Steel Modular Construction** via **Modulex** (a 99%+ subsidiary): Enables **100-room hotels in under 52 weeks**, **60% lower CO₂ emissions**, and fixed-cost, fixed-time delivery.
- **Net-Zero Carbon Commitment**: All hotels are designed, built, and operated to **carbon net zero** standards.
- **Technology Integration**: AI, IoT, and blockchain optimize **construction speed**, **energy efficiency**, **guest experience**, and **operational transparency**.
---
### **EBOT™ Model: Turnkey Investment Solution**
EBOT™ is EHRL’s flagship program aimed at attracting **institutional and private investors** with an end-to-end solution for sustainable hospitality:
| **Phase** | **Description** |
|--------|---------------|
| **E – Enterprise** | Company formation, site selection, valuation, and financial structuring (with partners like CBRE/Knight Frank) |
| **B – Build** | Offsite modular construction via Modulex; guaranteed timelines, no cost escalation |
| **O – Operate** | Long-term lease (20+10 years); hybrid lease terms (higher of fixed yield or revenue share) |
| **T – Trade** | Investor exit via asset sale or buyback; 10% hurdle rate + 20% carried interest on capital gains |
The model is designed for **sovereign wealth funds**, **global institutional investors**, and **domestic capital** seeking **impact-driven, high-growth real estate opportunities**.
---
### **Operational Status & Pipeline (As of Nov 2025)**
- **Operational Hotels (2)**:
- **The Eco Satva, Kota** (63 rooms)
- **EcoValue, Kochi** (16 rooms)
- **Signed/Under Development**: **464 rooms** across 9 properties (including under construction and newly leased).
- **Pipeline**: **553–554 keys** in the development queue, with launches scheduled from **Nov 2024 to Q1 FY27**.
- **Phase I Target**: **400–500 keys** operational by late FY26.
- **Phase II**: Scale to **5,000 rooms by FY30**, and **15,000 rooms within a decade**, via EBOT, leasing, and managed contracts.
**Key Upcoming Locations**:
Vadodara, Nagpur, Mysuru, Shirdi, Sambhajinagar, Varanasi, Bengaluru, Cochin, Kota.
**High-Performing Project**:
- **The Eco Grand, Mysuru** – Expected **annual EBITDA of ₹2.50 crores**, the highest in the pipeline.
---
### **Financial & Revenue Model**
- **Revenue Streams**:
- Room rentals
- Food & Beverage (F&B)
- Banquets
- Bars & rooftop lounges
- Wellness and spa services
- **Lease Structures**: Fixed, revenue-linked, or hybrid models provide revenue visibility and risk sharing.
- **Management Fees**: Base + sales + incentive + training fees ensure alignment and profitability.
- **FY26 EBITDA Projection**: ₹12.18 crores based on full ramp-up of 464 keys.
---
### **Leadership & Governance**
- **Mr. Vinod K. Tripathi** – Executive Chairman
- **Mr. Suchit Punnose** – Non-Executive Director, Founder of Red Ribbon Asset Management
- **Mrs. Indira Bhargav** – Independent Director (governance & taxation)
- **Mr. Abhijeet Umathe** – Hospitality veteran (ex-Taj, Knight Frank); conceptualized eco-brands like *The Orchid*
- **Mr. Jaya Krishnan** – Director, Eco Hotels UK PLC; strategic advisor to EHRL India (brand & systems integration)
---
### **Strategic Advantages**
- **First-Mover** in **net-zero premium value hospitality** in India
- **Technology-led efficiency** via AI, IoT, blockchain, and **modular construction**
- **Asset-light scalability** reduces capital intensity and accelerates ROI
- **Strong demand tailwinds**: Rising domestic tourism, pilgrimage travel, wellness, and expanding aviation infrastructure (200+ airports by FY30)
- **Ethical differentiation** through vegetarian/vegan offerings and spiritual alignment in brand experience
---
### **Vision & Expansion Roadmap**
- **Short-Term (FY26–FY27)**: Launch 7+ new properties, surpass **500 operational keys**, and finalize EBOT roll-out.
- **Mid-Term (by FY30)**: Operate **5,000 rooms** across India via leased, managed, and EBOT models.
- **Long-Term (10-year horizon)**: Scale to **15,000 rooms** and expand into **BRICS and N11 countries**, with India as the launchpad.
---