What we do Eco Hotels and Resorts Ltd operates eco-friendly hotels with vegetarian focus across midscale and budget segments in India, leveraging advanced construction and sustainable hospitality. |
Founded in 1,987 |
Market share A growing hotel chain targeting Tier 1, 2, and 3 cities with four sub-brands, emphasizing net-zero operations and midscale presence. |
Problem solved Provides standardized, sustainable, and vegetarian midscale and budget hotel accommodation in underserved Indian cities, addressing eco-conscious travel demand. |
Top clients or who we serve B2C customers including domestic and spiritual tourists across major cities and pilgrimage destinations in India. |
Key management Vinod Kumar Tripathi (Executive Chairman) with 40+ years diverse industry experience; Vikram Doshi (CFO) with 17+ years in finance and restructuring. |
Our journey and innovations Incorporated in 1987, rebranded in 2023 shifting focus from textiles to hotels; introduced 3D volumetric green construction technology for hotels. |
Where we operate Primarily India, with hotels in Rajasthan, Kerala, Uttar Pradesh, Gujarat, Karnataka, and Maharashtra. |
Top products or what we offer Hotel brands include The Eco, Eco Xpress, Eco Value, Eco Satva offering vegetarian, net-zero hospitality across multiple Indian cities. |
Top brands The Eco, EcoXpress, Eco Value, Eco Satva - recognized for sustainable, vegetarian-focused accommodations; The Eco Satva hotels have net-zero carbon goals. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly cyclical aligned with hotel occupancy and tourism cycles with some recurring income from long-term leases. |
Our industry position A niche player focusing on eco-friendly vegetarian midscale hotels in India with ambitious growth plans targeting 5,000 keys by 2030. |
Financial highlights FY25 consolidated revenue Rs.16.55 Cr; net loss Rs.35.6 Cr; improving from previous year with increased operational scale and cost control. |
Geographical revenue split India-focused revenue from Tier 1 to Tier 3 cities with significant presence in Rajasthan, Kerala, Uttar Pradesh, Gujarat, Karnataka, and Maharashtra. |
Order book - |
Whats driving growth Demand from growing domestic and spiritual tourism in Tier 2 and 3 cities, eco-conscious consumer preferences, and technological innovations in hotel construction. |
Our future plans Expanding portfolio with new hotels in Mumbai MMR, Indore, Gandhinagar, Bangalore; targeting 5,000 rooms by 2030 with emphasis on sustainable construction. |
Our green promise Commitment to net-zero carbon emissions, vegetarian-only food services in select brands, energy-efficient 3D volumetric construction technology. |
Our people and values Led by experienced leadership with focus on ethical, ecological values, promoting sustainability, employee engagement, and corporate governance. |
Key challenges ahead Challenges include turning profitable, scaling sustainably in competitive hotels sector, managing losses, and expanding brand recognition. |
Interesting facts First Indian hotel chain with net-zero premium midscale eco hotels; uses cutting-edge 3D volumetric offsite construction technology. |
Risks and strategy Facing industry cyclical risks; strategy focuses on asset-light leasing and management models, sustainability, and targeting under-penetrated cities. |
