Corporate Overview Statutory Reports Financial Statements

CIN: L55101WB1949PLC017981

Consolidated Balance Sheet Consolidated Statement of Profit and Loss

as at March 31, 2024 for the year ended March 31, 2024

Rupees Million Rupees Million

As at As at Year ended Year ended
Notes Notes
March 31, 2024 March 31, 2023 March 31, 2024 March 31, 2023
ASSETS CONTINUING OPERATIONS
Non-current assets Income
Property, plant and equipment 4A (i) 19,647.85 19,764.30 Revenue from operations 32 25,112.71 20,188.07
Right-of-use assets 4A (ii) 4,274.90 4,027.40 Other income 33 1,147.03 776.00
Capital work-in-progress 4A (iii) 1,696.01 959.86 Total income 26,259.74 20,964.07
Goodwill on consolidation 4B 3,925.65 3,869.41 Expenses
Intangible assets 4C (i) 22.80 40.76 Consumption of provisions, wines and others 34 2,283.18 1,923.89
Intangible assets under development 4C (ii) 0.85 1.55 Employee benefits expense 35 4,918.76 4,311.57
Investment property 4D 980.46 1,006.58 Finance costs 36 194.11 355.66
Depreciation and amortisation expense 37 1,314.92 1,261.80
Financial assets
Other expenses 38 8,641.63 7,978.60
(i) Investments accounted for using equity method 5 3,358.39 3,063.29
Total expenses 17,352.60 15,831.52
(ii) Other investments 6 91.08 101.86
Profit before exceptional items, share of net profit / (loss) of associates and joint ventures 8,907.14 5,132.55
(iii) Other non-current financial assets 7 480.19 430.31
accounted for using equity method and tax
Tax assets (net) 8 679.32 1,049.76
Share of net profit of associates and joint ventures accounted for using equity method 338.00 196.76
Deferred tax assets (net) 9 35.61 118.78 Profit before exceptional items and tax 9,245.14 5,329.31
Other non-current assets 10 1,348.53 872.03 Exceptional items 39 (72.67) (690.31)
Total non-current assets 36,541.64 35,305.89 Profit before tax 9,172.47 4,639.00
Current assets Tax expense 40
Inventories 11 618.30 638.29 Current tax 2,249.78 91.76
Financial assets Deferred tax 145.64 1,155.58
(i) Investments 12 1,032.08 679.60 Profit for the year 6,777.05 3,391.66
(ii) Trade receivables 13 1,999.92 2,242.73 Discontinued operations
(iii) Cash and cash equivalents 14 845.83 859.76 Loss from discontinued operations before tax - (100.69)
(iv) Bank balances other than (iii) above 15 5,559.93 3,729.26 Profit/(Loss) from discontinued operations - (100.69)
(v) Other current financial assets 16 188.56 154.63 Profit for the year 6,777.05 3,290.97
Other current assets 17 480.42 459.44 Other comprehensive income/(loss)
10,725.04 8,763.71 A Items that will not be reclassified to profit or loss
Assets classified as held for sale 18 3,217.51 - - Share of other comprehensive income of associates and joint ventures accounted for using (1.95) (2.09)
Total current assets 13,942.55 8,763.71 the equity method
Total assets 50,484.19 44,069.60 - Remeasurements of the defined benefit plans (30.56) (107.47)
EQUITY AND LIABILITIES - Tax relating to these items 5.69 4.76
Equity (26.82) (104.80)
Equity share capital 19 1,250.73 1,250.73 B Items that may be reclassified to profit or loss
Other equity 20 38,144.77 32,494.97 - Exchange differences on translation of foreign operations 49.37 250.68
Equity attributable to owners of EIH Limited 39,395.50 33,745.70 - Reclassification of exchange differences arising on translation to profit or loss on disposal - 41.73
Non-controlling interest 1,468.15 973.76 of subsidiary
Total equity 40,863.65 34,719.46 49.37 292.41
Liabilities Total other comprehensive income/(loss) for the year, net of tax 22.55 187.61
Non-current liabilities Total comprehensive income for the year 6,799.60 3,478.58
Financial liabilities Profit attributable to:
(i) Borrowings 21 - 359.85 - Owners of EIH Limited 6,391.08 3,145.80
- Non-controlling interests 385.97 145.17
(ii) Lease liabilities 46 1,877.18 1,725.95
Other comprehensive income / (loss) attributable to:
(iii) Other non-current financial liabilities 22 415.93 328.96
- Owners of EIH Limited 30.83 185.10
Provisions- non-current 23 305.74 281.65 - Non-controlling interests (8.28) 2.51
Other non-current liabilities 24 20.60 11.35 Total comprehensive income attributable to:
Deferred tax liabilities (net) 25 1,559.69 1,564.07 - Owners of EIH Limited 6,421.91 3,330.90
Total non-current liabilities 4,179.14 4,271.83 - Non-controlling interests 377.69 147.68
Current liabilities Total comprehensive income attributable to owners of the Company arising from:
Financial liabilities - Continuing operations 6,421.91 3,430.65
(i) Borrowings 26 - 210.63 - Discontinued operations - (99.74)
(ii) Lease liabilities 46 115.86 87.63 Earnings per equity share from continuing operations attributable to owners of the Company 48(A)
(iii) Trade payables (In Rupees) Face Value Rs. 2
Total outstanding dues of micro enterprises and small enterprises 27(A) 134.81 80.10 (1) Basic 10.22 5.19
Total outstanding dues of creditors other than micro enterprises and small enterprises 27(B) 2,501.77 2,963.09 (2) Diluted 10.22 5.19
(iv) Other current financial liabilities 28 268.23 295.63 Earnings per equity share from discontinued operations attributable to owners of the 48(A)
Tax liabilities (Net) 29 13.65 - Company (In Rupees) Face Value Rs. 2
Provisions - current 30 951.38 245.02 (1) Basic - (0.16)
Other current liabilities 31 1,144.68 1,196.21 (2) Diluted - (0.16)
Liabilities directly associated with assets classified as held for sale 55 311.02 - Earnings per equity share from continuing and discontinued operations attributable to 48(A)
Total current liabilities 5,441.40 5,078.31 owners of the Company (In Rupees) Face Value Rs. 2
Total liabilities 9,620.54 9,350.14 (1) Basic 10.22 5.03
Total equity and liabilities 50,484.19 44,069.60 (2) Diluted 10.22 5.03

The accompanying notes 1 to 60 are an integral part of the Consolidated Financial Statements The accompanying notes 1 to 60 are an integral part of the Consolidated Financial Statements
In terms of our report attached For and on behalf of the Board of Directors In terms of our report attached For and on behalf of the Board of Directors
For Deloitte Haskins & Sells LLP Sanjay Gopal Bhatnagar Arjun Singh Oberoi For Deloitte Haskins & Sells LLP Sanjay Gopal Bhatnagar Arjun Singh Oberoi
Chartered Accountants Chairman- Audit Committee Executive Chairman Chartered Accountants Chairman- Audit Committee Executive Chairman
(Firm’s Registration No. 117366W/W-100018) (DIN No. 00867848) (DIN No. 00052106) (Firm’s Registration No. 117366W/W-100018) (DIN No. 00867848) (DIN No. 00052106)
Place: Colorado, United States of America Place: New Delhi Place: Colorado, United States of America Place: New Delhi
Date: May 28, 2024 Date: May 28, 2024 Date: May 28, 2024 Date: May 28, 2024
Alka Chadha Vikramjit Singh Oberoi Alka Chadha Vikramjit Singh Oberoi
Partner Managing Director and Chief Executive Officer Partner Managing Director and Chief Executive Officer
(Membership No. 93474) (DIN No. 00052014) (Membership No. 93474) (DIN No. 00052014)
Place: New Delhi Place: New Delhi
Date: May 28, 2024 Date: May 28, 2024
Kallol Kundu Lalit Kumar Sharma Kallol Kundu Lalit Kumar Sharma
Chief Financial Officer Company Secretary Chief Financial Officer Company Secretary
Place: New Delhi Place: New Delhi Place: New Delhi Place: New Delhi Place: New Delhi Place: New Delhi
Date: May 28, 2024 Date: May 28, 2024 Date: May 28, 2024 Date: May 28, 2024 Date: May 28, 2024 Date: May 28, 2024

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