BSECompany Update2d ago · 18 Aug 2026, 06:24 pm
Press Release w.r.t. financial results for the first quarter (Q1) and three months ended on June 30, 2026
Apeejay Surrendra Park Hotels Ltd · 544111
✦ AI Summary▲ PositiveResults
Apeejay Surrendra Park Hotels Ltd announced its Q1 FY27 financial results, with revenue from operations at INR 166.8 crore, up by 8.1%, and an increase of 3.3% YoY in EBITDA to INR 47 crore, while profit after tax stood at INR 11.5 crore. The company continued to demonstrate strong operating momentum, recording 92% occupancy, the highest in India, while maintaining its market leadership in RevPAR within the upper-upscale segment.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Apeejay Surrendra Park Hotels Ltd - 544111 - Press Release W.R.T. Financial Results For The First Quarter (Q1) And Three Months Ended On June 30, 2026
Attachments (1)
📄pdf
Download →
c177057c-21f9-4875-9e0d-03452935c702.pdf
View document text
Date: August 18, 2026
Listing Manager, BSE Limited
National Stock Exchange of India Limited Corporate Relationship Department
Exchange Plaza, 5th Floor Plot 1st Floor, New Trading Ring Rotunda Building,
No. C-1, Block G, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Dalal Street,
Bandra (E) Mumbai – 400051, India Fort Mumbai – 400001, India
Symbol: PARKHOTELS Scrip Code: 544111
ISIN No.: INE988S01028 ISIN No.: INE988S01028
Subject: Press Release w.r.t. financial results for the first quarter (Q1) and three months
ended on June 30, 2026
Respected Sir/Ma’am,
We are enclosing herewith the press release being issued by the Company with regard to the
financial results of the Company for the first quarter (Q1) and three months ended on June 30, 2026.
This is for the information of the Exchange and the members.
Thanking you.
Yours sincerely,
For Apeejay Surrendra Park Hotels Limited
Shalini Keshan
(Company Secretary and Compliance Officer)
Membership No.: ACS-014897
Apeejay Surrendra Park Hotels Limited announces Q1 Results, registers
India’s highest occupancy and RevPAR in the upper upscale segment
Q1 FY27 Revenue from Operations stood at INR 166.8 crore
Q1 FY27 Operating EBITDA at INR 47 crore
Q1 FY27 PAT at INR 11.5 crore
Mumbai / Delhi, 18 August, 2026: Apeejay Surrendra Park Hotels Limited (ASPHL), a leading player
in the hospitality sector renowned for its upscale properties and diverse F&B offerings, announced
its financial results for the first quarter and three months ended on June 30, 2026. The Company
continued to demonstrate strong operating momentum, recording 92% occupancy, the highest in
India, while maintaining its market leadership in RevPAR within the upper-upscale segment.
In Q1 FY27, the company’s revenue from operations stood at INR 166.8 crore, up by 8.1%, and an
increase of 3.3% YoY in EBITDA to INR 47 crore, while profit after tax stood at INR 11.5 crore. For
Q1FY26, revenue from operations stood at INR 154.3 crore and PAT at INR 13.4 crore.
ASPHL’s growth continues to be driven by its expansion into new markets, particularly in Tier II and
Tier III cities. Through the year, the group acquired control of Zillion Hotels and Resorts Private
Limited, Fisherman’s Grove Resorts Private Limited and Thali Hotels and Destinations Private Limited
to expand the company's hospitality footprint in high-potential tourism destinations, Mumbai and
Kerala.
The Company currently has 42 operational hotels comprising 2,677 keys, with a further 45 hotels
and 4,042 keys under development, taking its total planned inventory to 6,719 keys by FY2030.
Flurys, the Company’s iconic bakery and confectionery brand, now operates 111 outlets is targeting
the opening of 30 new outlets this year, remaining well positioned for further expansion. The brand’s
continued network expansion aligns with the Company’s strategy to scale its retail footprint while
preserving its rich legacy and brand equity.
Commenting on the Q1 FY27 performance, Mr. Vijay Dewan, Managing Director, Apeejay
Surrendra Park Hotels, said, “We have started FY27 with a positive momentum, demonstrating the
resilience and strength of our business model. Despite headwinds, we have achieved 92% occupancy
-the highest in India and continued our leadership in RevPAR in the upper upscale segment, affirming
the strength of our brands and the relevance of our differentiated hospitality proposition. This quarter
has seen record-breaking sale of service apartments in our EM Bypass Kolkata project, significantly
improving our cash flows. With a strong development pipeline of hotels and the continued scale-up
of Flurys across NCR and other regions, we remain firmly on a path of sustained growth ahead.”
Recognition for Ran Baas The Palace, Patiala and The Lotus Palace, Chettinad on the global stage
further reinforces ASPHL’s position as a design-led, experience-driven hospitality group. As the
Company moves ahead, it remains focused on deepening guest engagement and strengthening its
leadership in the Indian hospitality landscape.
About Apeejay Surrendra Park Hotels Limited:
Apeejay Surrendra Park Hotels Limited (ASPHL) is a leading player in the hospitality sector renowned for its
upscale properties and diverse F&B offerings. Since its inception in 1967, with the opening of its first property
in Kolkata under the renowned brand "THE PARK," the Company has expanded its pan-India presence,
operating a growing portfolio of owned, leased, and managed properties under five distinct brands: THE PARK,
THE PARK Collection, Zone by The Park, Zone Connect by The Park, and Stop by Zone. These brands are known
for their upscale and upper mid-scale categories, symbolizing excellence in hospitality.
Alongside its core hospitality offerings, ASPHL has a diverse portfolio in food and beverage (F&B) and
entertainment, with restaurants, nightclubs, and bars. The Company also has a well-established footprint in
the retail food and beverage sector through its iconic retail brand 'Flurys,' which includes a broad network of
outlets featuring various formats including kiosks, cafes, and restaurants. Moreover, the Company's portfolio
includes nightclubs and entertainment options, enhancing its brand positioning and enabling synergistic cross-
selling opportunities.
ASPHL is listed on the BSE Ltd (BSE) (Code: PARKHOTELS/544111) and National Stock Exchange of India Ltd.
(NSE) (Symbol: PARKHOTELS) in India.
For further informa(cid:415)on, please contact:
Ruchika Pandit | +91 - 9910332565 rpandit@theparkhotels.com
Simran Sethi | +91 - 8425928828 simran.sethi@bursonglobal.in
For more information about us, please visit www.theparkhotels.com or contact:
DISCLAIMER:
Certain statements made in the press release may be forward-looking statements. Such forward-looking
statements are subject to certain risks and uncertainties like significant changes in economic environment in
India and overseas, tax laws, import duties, litigation, labour relations etc. Actual results might differ
substantially from those expressed or implied. Apeejay Surrendra Park Hotels Limited will not be in any way
responsible for any action taken based on such statements and discussions; and undertakes no obligation to
publicly update these forward-looking statements to reflect subsequent events or circumstances.