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
Revenue for Q1 FY27 grew by 8% year-on-year to INR 167 crores; consolidated revenue was up 10% to INR 172 crores. The company expects very high returns from the newly acquired and strategically located Juhu hotel from year one itself in terms of revenue and profitability.
From Apeejay Surrendra Park Hotels Ltd's Q1 FY27 earnings-call transcript · updated 18 Sept 2026.
Revenue & Sales Performance
- Revenue for Q1 FY27 grew by 8% year-on-year to INR 167 crores; consolidated revenue was up 10% to INR 172 crores.
- EBITDA grew by 3% year-on-year in Q1 FY27; consolidated EBITDA grew by 8%.
- Expect stabilization and high performance from new hotels in Calcutta, Vishakhapatnam, Juhu, and Pune by 2030, boosting revenues.
- Expansion plans include doubling hotels from 42 to 87 with 6,719 keys by 2030, driven by asset-light models.
- Flurys brand targeting growth from 111 outlets to 400 outlets by 2030.
- Food & Beverage (F&B) contributes 43% of total revenue and is expected to grow, especially in new markets like Juhu.
- Stable to increasing other income from mutual funds and sales (e.g., EM Bypass project cash flow expected to add INR 50 crores).
- Anticipated high single-digit ADR growth moving forward, aided by events like BRICS Summit and wedding seasons.
Profitability & Margins
See what Apeejay Surrendra Park Hotels Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Total CAPEX planned over 4-5 years: approximately INR 1,140 crore for hotel projects (Pune - 200 rooms, Navi Mumbai - 250 rooms, Vizag - 100 rooms, EM Bypass - 220 rooms, Jaipur - 150 rooms) at around INR 1.2 crore per room.
- Additional acquisition and renovation costs: Zillion acquisition (~INR 210 crore), Juhu renovation (~INR 80 crore), Kochi acquisition (~INR 64 crore); totaling about INR 350 crore.
- EM Bypass project funding of approx. INR 350 crore is tied up.
- Operational CAPEX of INR 40 crore per year for 4-5 years plus INR 40 crore per annum for Flurys expansion, targeting 400 outlets by FY30-31.
- Overall CAPEX net of EM Bypass funding around INR 1,500 crore; company plans to finance approx. INR 1,300 crore through EBITDA, with potential additional financing (~INR 100-200 crore) if needed due to low net debt-to-EBITDA ratio.
- Long-term financing secured for Zillion and Juhu properties.
- Focus on asset-light growth, especially for Flurys brand expansion nationwide.
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
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?
Revenue for Q1 FY27 grew by 8% year-on-year to INR 167 crores; consolidated revenue was up 10% to INR 172 crores. The company expects very high returns from the newly acquired and strategically located Juhu hotel from year one itself in terms of revenue and profitability.
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 36.7 with a market cap of ₹2,364 Cr. Investors should review the full earnings analysis for detailed insights.
Is Apeejay Surrendra Park Hotels Ltd planning capital expenditure?
Total CAPEX planned over 4-5 years: approximately INR 1,140 crore for hotel projects (Pune - 200 rooms, Navi Mumbai - 250 rooms, Vizag - 100 rooms, EM Bypass - 220 rooms, Jaipur - 150 rooms) at around INR 1.2 crore per room. - Additional acquisition and renovation costs: Zillion acquisition (~INR 210 crore), Juhu renovation (~INR 80 crore), Kochi acquisition (~INR 64 crore); totaling about INR 350 crore. - EM Bypass project funding 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.