Company Disclosure

Financial Results - Q4 FY26

  • Revenue from Operations: ₹183.70 crore (vs. ₹177.32 crore in Q4 FY25)
  • Operating EBITDA: ₹52.99 crore (vs. ₹62.09 crore in Q4 FY25)
  • Profit After Tax (PAT): ₹11.88 crore (vs. ₹26.58 crore in Q4 FY25)
  • Occupancy Rate: 90%

Financial Results - Full Year FY26

  • Revenue from Operations: ₹707.28 crore (first time crossing ₹700 crore milestone)
  • Profit After Tax (PAT): ₹65.72 crore

Strategic Developments and Expansion

  • Acquired control of three hotel 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 in Mumbai and Kerala
  • Company remains on track to more than double room inventory to 6,653 keys over the next five years

Flurys Brand Performance

  • Number of Outlets: 110 operating outlets across various formats (kiosks, cafes, restaurants)
  • Revenue Growth: 29% YoY growth during FY26
  • Strategy: Continued network expansion while preserving brand legacy and equity

Management Commentary

Mr. Vijay Dewan, Managing Director, commented:

  • FY26 marked significant revenue milestone exceeding ₹700 crore
  • Q4 maintained resilient operating performance with leadership in occupancy and RevPAR
  • Sale of serviced apartments at EM Bypass Kolkata exceeded expectations, resulting in substantial improvement in cash flow
  • Board approved 75% dividend payout reflecting strong balance sheet and growth momentum
  • Positive outlook with focus on strategic portfolio expansion, guest-centric experiences, operational excellence, and margin improvement

Property Recognition

Ran Baas The Palace (Patiala) and The Lotus Palace (Chettinad) received global recognition, reinforcing company's position as design-led, experience-driven hospitality group.

Corporate Background

Apeejay Surrendra Park Hotels Limited operates since 1967 with first property in Kolkata under "THE PARK" brand. Current portfolio includes five distinct brands: THE PARK, THE PARK Collection, Zone by The Park, Zone Connect by The Park, and Stop by Zone. Company has diverse F&B and entertainment portfolio including restaurants, nightclubs, bars, and Flurys retail brand.