Apeejay Surrendra Park Hotels Ltd
Apeejay Surrendra Park Hotels Ltd Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Q1 FY27 earnings call: what management guided on revenue, margins and order book.
What the Q1 FY27 call signalled
2 of 4 strong
Not discussed on this call: order book.
The short version
Company plans to double the number of hotels from 42 (2,667 keys) to 87 hotels (6,719 keys) by 2030. - Flurys brand aims to expand from 111 outlets to 400 outlets by 2030. - EM Bypass project in Kolkata expected to generate Rs. Revenue growth expected from high potential markets like Juhu and Pune with strategic acquisitions and developments.
From Apeejay Surrendra Park Hotels Ltd's Q1 FY27 earnings-call transcript · updated 26 Aug 2026.
Revenue & Sales Performance
- Company plans to double the number of hotels from 42 (2,667 keys) to 87 hotels (6,719 keys) by 2030.
- Flurys brand aims to expand from 111 outlets to 400 outlets by 2030.
- EM Bypass project in Kolkata expected to generate Rs. 70-80 crores cash flow this year, Rs. 120 crores next year, supporting growth.
- New hotel properties in high potential markets like Mumbai (Juhu), Kolkata (EM Bypass), Vishakhapatnam, and Pune expected to stabilize quickly and contribute to revenue.
- Anticipated ARR growth in high single digits (10-15%), helped by events like BRIC Summit, Aero Show Bangalore, and wedding season.
- Other income from mutual funds (~Rs. 3.5-4 crores quarterly) expected to sustain or increase.
- Focus on selective market expansion, asset-light models, and capital discipline to drive scalable growth.
Profitability & Margins
See what Apeejay Surrendra Park Hotels Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Total CAPEX of approx. INR 1,140 Crores planned over 4-5 years for projects at Pune (200 rooms), Navi Mumbai (250 rooms), Vizag (100 rooms), EM Bypass (220 rooms), and Jaipur (150 rooms) at INR 1.2 crore per room.
- Acquisition costs: Zillion acquisition at about INR 210 crores, Juhu renovation around INR 80 crores, Kochi acquisition at INR 64 crores totaling approx. INR 350 crores.
- EM Bypass funding of about INR 350 crore expected.
- Operational CAPEX of INR 40 crores per year for 4-5 years and INR 40 crores annually for Flurys expansion, targeting 400 outlets by FY30-31.
- Additional CAPEX requirement net of EM Bypass funding around INR 1,500 crores.
- Current EBITDA levels (~INR 240-250 crores) should finance about INR 1,300 crores over 4-5 years; incremental financing for INR 100-200 crores possible due to low net debt-to-EBITDA.
- Long-term financing tied up for Zillion Juhu property.
Top-ranked in Leisure Services
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Apeejay Surrendra Park Hotels Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- The transcript does not explicitly mention a specific current or expected order book or pending orders for Apeejay Surrendra Park Hotels Limited.
- However, ongoing projects and expansions indicate a healthy pipeline:
- - EM Bypass Hotel and Residential project in Kolkata: 33 out of 69 apartments sold, expected cash flows of Rs. 70-80 crores this year.
- - Plans to double hotel count from 42 (2,667 keys) to 87 hotels (6,719 keys) by 2030.
- - Expansion of Flurys outlets planned to reach 400 outlets by 2030, with 29 additional outlets scheduled in the current year.
- - New hotel developments underway in high-potential markets such as Calcutta, Vishakhapatnam, Pune, and Juhu.
- Focus on selective market expansion, asset-light models, and unlocking value from existing assets suggests a strong development pipeline but no quantified specific order book disclosed.
Apeejay Surrendra Park Hotels Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹171 Cr, net profit ₹13 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Apeejay Surrendra Park Hotels Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Apeejay Surrendra Park Hotels Ltd Q1 FY27 results?
Company plans to double the number of hotels from 42 (2,667 keys) to 87 hotels (6,719 keys) by 2030. - Flurys brand aims to expand from 111 outlets to 400 outlets by 2030. - EM Bypass project in Kolkata expected to generate Rs. Revenue growth expected from high potential markets like Juhu and Pune with strategic acquisitions and developments.
What is Apeejay Surrendra Park Hotels Ltd share price analysis?
Apeejay Surrendra Park Hotels Ltd currently shows a below-average growth signal. The stock trades at a P/E of 38.3 with a market cap of ₹2,467 Cr. Investors should review the full earnings analysis for detailed insights.
Is Apeejay Surrendra Park Hotels Ltd planning capital expenditure?
Total CAPEX of approx.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.