Apeejay Surrendra Park Hotels' Q1 FY 2026-27 Quarterly Results

Result Summary

• Apeejay Surrendra Park Hotels Ltd reported a 7.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 9.6%.
• Its expenses for the quarter were down by 4.6% QoQ and up 13.5% YoY.
• The net profit decreased 3.3% QoQ and decreased 14.4% YoY.
• The earnings per share (EPS) of Apeejay Surrendra Park Hotels Ltd stood at 0.54 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Apeejay Surrendra Park Hotels Ltd is a prominent player in the hospitality industry, primarily known for their boutique hotel chain, The Park Hotels, located across major cities in India. The company operates in the hospitality sector, offering accommodations, dining, and event services. While specific recent developments or strategic initiatives are not provided in the data, Apeejay Surrendra Park Hotels Ltd is recognized for its luxurious offerings and innovative hospitality solutions. The company’s main focus is on providing high-quality services and unique experiences to its guests.

Revenue

In the first quarter of the fiscal year 2027 (Q1FY27), Apeejay Surrendra Park Hotels Ltd reported a total income of ₹171.57 crores. This represents a decrease of 7.0% compared to the previous quarter (Q4FY26), where the total income was ₹184.45 crores. However, when compared to the same quarter in the previous fiscal year (Q1FY26), the total income increased by 9.6%, from ₹156.53 crores. This year-over-year growth in revenue suggests an overall upward trend in income generation for the company over the last year.

Profitability

The profitability metrics for Apeejay Surrendra Park Hotels Ltd indicate a mixed performance. The company recorded a profit before tax of ₹20.20 crores in Q1FY27, which marks a decline of 16.5% from ₹24.20 crores in the previous quarter. Compared to Q1FY26, the profit before tax decreased by 9.9% from ₹22.41 crores. The tax expense for Q1FY27 was ₹8.71 crores, down by 32.4% from Q4FY26 and by 3.1% compared to Q1FY26. The profit after tax for Q1FY27 stood at ₹11.49 crores, reflecting a slight decrease of 3.3% from the previous quarter and a 14.4% decrease from the same quarter last year. Earnings per share for Q1FY27 were ₹0.54, a decrease of 3.6% quarter-over-quarter and 14.3% year-over-year.

Operating Metrics

Apeejay Surrendra Park Hotels Ltd experienced a reduction in both total expenses and tax expenses in Q1FY27. The total expenses for the quarter were ₹151.37 crores, which is a 4.6% decrease from the previous quarter's expenses of ₹158.66 crores. When compared to the same quarter in the previous year, total expenses increased by 13.5%, from ₹133.39 crores in Q1FY26. The company’s focus on cost management is evident from the quarter-over-quarter reduction in expenses. However, the year-over-year increase indicates rising operational costs. The consistent reduction in tax expenses over the quarters suggests effective tax management strategies.