Company Disclosure: Q1 FY27 Financial Results

Disclosure Type: Press Release regarding financial results for Q1 and three months ended June 30, 2026

Financial Performance

Revenue from Operations:

  • Q1 FY27: ₹166.8 crore
  • Q1 FY26: ₹154.3 crore
  • Year-over-Year Growth: 8.1%

Operating EBITDA:

  • Q1 FY27: ₹47 crore
  • Year-over-Year Growth: 3.3%

Profit After Tax (PAT):

  • Q1 FY27: ₹11.5 crore
  • Q1 FY26: ₹13.4 crore

Operational Highlights

Occupancy and RevPAR:

  • Achieved 92% occupancy rate in Q1 FY27, reported as the highest in India
  • Maintained market leadership in RevPAR within the upper-upscale segment

Portfolio Expansion:

  • Acquired control of three companies to expand hospitality footprint:
  • Zillion Hotels and Resorts Private Limited
  • Fisherman's Grove Resorts Private Limited
  • Thali Hotels and Destinations Private Limited
  • Expansion focused on high-potential tourism destinations, Mumbai, and Kerala

Current Portfolio Status:

  • 42 operational hotels comprising 2,677 keys
  • 45 hotels with 4,042 keys under development
  • Total planned inventory: 6,719 keys by FY2030

Flurys Brand Performance

Current Operations:

  • 111 operational outlets across various formats (kiosks, cafes, restaurants)
  • Targeting opening of 30 new outlets in the current year

Management Commentary

Mr. Vijay Dewan, Managing Director, commented:

  • "Started FY27 with positive momentum, demonstrating resilience and strength of business model"
  • "Achieved 92% occupancy - the highest in India and continued leadership in RevPAR"
  • "Record-breaking sale of service apartments in EM Bypass Kolkata project, significantly improving cash flows"
  • "Strong development pipeline of hotels and continued scale-up of Flurys across NCR and other regions"
  • "Firmly on a path of sustained growth ahead"

Brand Recognition

  • Ran Baas The Palace, Patiala and The Lotus Palace, Chettinad received global recognition
  • Reinforces company's position as a design-led, experience-driven hospitality group

Company Background

Apeejay Surrendra Park Hotels Limited operates under five distinct brands:

  • THE PARK
  • THE PARK Collection
  • Zone by The Park
  • Zone Connect by The Park
  • Stop by Zone

Company has diverse portfolio in food and beverage (F&B) and entertainment, including restaurants, nightclubs, and bars. Founded in 1967 with first property in Kolkata.