Apeejay Surrendra Park Hotels Limited

Apeejay Surrendra Park Hotels demonstrated resilience in the first quarter of fiscal year 2027, achieving an industry-leading 92% occupancy rate and revenue growth of 8.1% year-over-year, reaching ₹166.8 crore. While profit after tax declined compared to the previous year, the company continues to expand its portfolio, aiming for over 6,000 keys by fiscal year 2030 through an asset-light strategy, and is actively pursuing growth opportunities including the acquisition of a stake in Zillion Hotels. Investors should monitor the impact of the shift to the new tax regime and the company’s ability to sustain strong occupancy rates amidst evolving market conditions.