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Investor Presentation

Apeejay Surrendra Park Hotels Investor Presentation: Key Takeaways

ASPHL reported Q1FY27 revenue of INR 1,668 Mn (up 8.1% YoY) with 92% occupancy. Strategy focuses on asset-light expansion and premium lifestyle positioning.

Guidance and delivery
Management target Revenue FY30
Highlights
Revenue growth8.1% YoY
MarginsOperational EBITDA margin 28.12% (down 130 bps YoY).
Order book32 of 69 Kolkata apartments sold; INR 213 Mn Q1 collections.
Demand visibilityStrong; industry-leading 92% occupancy maintained.
Management confidenceHigh; citing leadership in occupancy and RevPAR.

Growth

Revenue grew 8.1% YoY; Operational EBITDA INR 469 Mn (up 3.3% YoY); PAT INR 115 Mn (down 14.2% YoY).

Outlook

Targeting 6,000+ keys by FY30. Kolkata residential project expected to generate INR 800 Mn collections in FY27.

Risks

PAT margins compressed by 186 bps YoY to 6.70% due to higher interest and depreciation costs.

Last quarter's promises, checked

Delivered

  • Guided 3,000+ keys by FY27 → delivered 2,960 keys as of Q1FY27 (= BEAT)
  • Guided Kolkata apt collections → delivered INR 213 Mn in Q1FY27 (= BEAT)
  • Guided RevPAR leadership → delivered 92% occupancy vs industry (= BEAT)

Partly delivered

  • Guided Flurys expansion to 140 outlets → delivered 110 outlets with 30 planned (= PARTIAL)

Missed

  • Guided mid-teens revenue growth → delivered 8.1% YoY (= MISS)
  • Guided margin improvement → delivered 130 bps EBITDA margin compression (= MISS)
Source

Investor Presentation filed with NSE, NSE: PARKHOTELS. Summary written with AI assistance from the document.

Read the document ↗

Apeejay Surrendra Park Hotels Ltd: key numbers

Share price
₹105.97
Market cap
₹2,261 Cr
Revenue (annual)
₹707.3 Cr
Net profit (annual)
₹65.71 Cr
P/E (TTM)
35.5×Sector 47.2×
Promoter holding
68.22%+0.00% QoQ
FII holding
4.08%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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