About
Apeejay Surrendra Park Hotels Limited owns and operates hotels in India. The company operates hotels under THE PARK, THE PARK Collection, Zone by The Park, Zone Connect by The Park, and Stop by Zone brand names. It also operates restaurants, night clubs, bars, cafes, and kiosks under the Flurys brand name. The company was formerly known as Budget Hotels Limited and changed its name to Apeejay Surrendra Park Hotels Limited in March 2004. Apeejay Surrendra Park Hotels Limited was founded in 1967 and is based in New Delhi, India.
Key Metrics
as of Sep 2026Market Cap2,396 Cr
P/E37.20
Div Yield0.45 %
Book Value₹62.90
52w High₹164.00
52w Low₹95.10
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 158.00 | 171.00 | 188.00 | 159.00 | 148.00 | 167.00 | 172.00 | 137.00 | 130.00 | 146.00 | 152.00 | 130.00 | 125.00 |
| Expenses | 112.00 | 122.00 | 120.00 | 112.00 | 103.00 | 107.00 | 110.00 | 97.00 | 92.00 | 97.00 | 99.00 | 87.00 | 87.00 |
| Operating Profit | 46.00 | 50.00 | 67.00 | 47.00 | 45.00 | 60.00 | 62.00 | 40.00 | 38.00 | 49.00 | 54.00 | 43.00 | 38.00 |
| OPM % | 29.00 | 29.00 | 36.00 | 30.00 | 30.00 | 36.00 | 36.00 | 29.00 | 29.00 | 33.00 | 35.00 | 33.00 | 30.00 |
| Other Income | 4.00 | 0.00 | 1.00 | 1.00 | 3.00 | 4.00 | 2.00 | 16.00 | 4.00 | 4.00 | 4.00 | 6.00 | 1.00 |
| Depreciation | 19.00 | 17.00 | 18.00 | 16.00 | 17.00 | 19.00 | 14.00 | 13.00 | 13.00 | 12.00 | 14.00 | 12.00 | 11.00 |
| Interest | 8.00 | 7.00 | 8.00 | 6.00 | 6.00 | 5.00 | 6.00 | 3.00 | 4.00 | 15.00 | 18.00 | 17.00 | 16.00 |
| Profit before tax | 23.00 | 26.00 | 42.00 | 27.00 | 26.00 | 40.00 | 45.00 | 39.00 | 24.00 | 26.00 | 27.00 | 21.00 | 11.00 |
| Tax % | 37.00 | 49.00 | 42.00 | 42.00 | 34.00 | 31.00 | 29.00 | 29.00 | 108.00 | 30.00 | 3.00 | 32.00 | 32.00 |
| Net Profit | 15.00 | 13.00 | 25.00 | 16.00 | 17.00 | 27.00 | 32.00 | 27.00 | -2.00 | 18.00 | 26.00 | 14.00 | 8.00 |
| EPS in Rs | 0.70 | 0.61 | 1.16 | 0.73 | 0.80 | 1.28 | 1.50 | 1.29 | -0.09 | 0.85 | 1.48 | 0.81 | 0.44 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Sales | 669.00 | 605.00 | 555.00 | 492.00 | 243.00 | 175.00 | 415.00 | 416.00 |
| Expenses | 459.00 | 409.00 | 370.00 | 332.00 | 199.00 | 159.00 | 333.00 | 334.00 |
| Operating Profit | 209.00 | 197.00 | 186.00 | 160.00 | 44.00 | 15.00 | 82.00 | 82.00 |
| OPM % | 31.00 | 32.00 | 33.00 | 32.00 | 18.00 | 9.00 | 20.00 | 20.00 |
| Other Income | 5.00 | 25.00 | 13.00 | 14.00 | 10.00 | -9.00 | 11.00 | 10.00 |
| Interest | 26.00 | 15.00 | 65.00 | 62.00 | 59.00 | 56.00 | 51.00 | 50.00 |
| Depreciation | 68.00 | 59.00 | 48.00 | 47.00 | 38.00 | 36.00 | 33.00 | 30.00 |
| Profit before tax | 121.00 | 148.00 | 85.00 | 64.00 | -43.00 | -85.00 | 8.00 | 13.00 |
| Tax % | 42.00 | 43.00 | 22.00 | 26.00 | -31.00 | -12.00 | -195.00 | 19.00 |
| Net Profit | 70.00 | 85.00 | 66.00 | 48.00 | -30.00 | -75.00 | 23.00 | 11.00 |
| EPS in Rs | 3.29 | 3.98 | 3.08 | 2.73 | -1.71 | -4.29 | 1.34 | 6.08 |
| Dividend Payout % | 23.00 | 13.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 21.00 | 21.00 | 21.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 |
| Reserves | 1,322.00 | 1,259.00 | 1,172.00 | 536.00 | 490.00 | 519.00 | 593.00 | 571.00 |
| Borrowings | 263.00 | 158.00 | 93.00 | 610.00 | 646.00 | 608.00 | 552.00 | 441.00 |
| Other Liabilities | 280.00 | 204.00 | 168.00 | 181.00 | 106.00 | 121.00 | 160.00 | 134.00 |
| Total Liabilities | 1,886.00 | 1,642.00 | 1,454.00 | 1,345.00 | 1,259.00 | 1,265.00 | 1,323.00 | 1,163.00 |
| Fixed Assets | 1,222.00 | 1,191.00 | 1,205.00 | 1,182.00 | 1,131.00 | 1,146.00 | 1,163.00 | 1,065.00 |
| CWIP | 79.00 | 54.00 | 41.00 | 32.00 | 29.00 | 27.00 | 28.00 | 31.00 |
| Investments | 283.00 | 54.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 302.00 | 343.00 | 209.00 | 132.00 | 100.00 | 92.00 | 131.00 | 67.00 |
| Total Assets | 1,886.00 | 1,642.00 | 1,454.00 | 1,345.00 | 1,259.00 | 1,265.00 | 1,323.00 | 1,163.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 168.00 | 152.00 | 162.00 | 172.00 | 53.00 | 26.00 | 100.00 | 102.00 |
| Cash from Investing Activity | -203.00 | -185.00 | -103.00 | -41.00 | -19.00 | -24.00 | -97.00 | -60.00 |
| Cash from Financing Activity | 24.00 | 6.00 | -36.00 | -124.00 | -34.00 | -5.00 | 3.00 | -47.00 |
| Net Cash Flow | -11.00 | -27.00 | 23.00 | 7.00 | 0.00 | -3.00 | 6.00 | -4.00 |
| Free Cash Flow | 77.00 | 56.00 | 61.00 | 134.00 | 30.00 | -14.00 | 37.00 | 66.00 |
| CFO/OP % | 94.00 | 92.00 | 95.00 | 105.00 | 126.00 | 169.00 | 118.00 | 128.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 22.00 | 21.00 | 21.00 | 18.00 | 26.00 | 37.00 | 18.00 | 23.00 |
| Inventory Days | 476.00 | — | — | — | 103.00 | — | — | 73.00 |
| Days Payable | 187.00 | — | — | — | 398.00 | — | — | 217.00 |
| Cash Conversion Cycle | 311.00 | 21.00 | 21.00 | 18.00 | -269.00 | 37.00 | 18.00 | -121.00 |
| Working Capital Days | 44.00 | 21.00 | -41.00 | -105.00 | -260.00 | -308.00 | -116.00 | -122.00 |
| ROCE % | 10.00 | 12.00 | 12.00 | 11.00 | 1.00 | -1.00 | 6.00 | — |
Corporate Actions
1 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 19 Sep 2025 | 19 Sep 2025 | — | 0.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update29 Sep 2025 from icra
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Rating update5 May 2025 from icra
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Rating update21 Jun 2024 from icra
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Rating update6 Apr 2023 from icra
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Rating update22 Aug 2022 from icra
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Rating update7 Jul 2022 from icra