Apeejay Surrendra Park Hotels' Q1 FY 2025-26 Quarterly Results

Result Summary

• Apeejay Surrendra Park Hotels Ltd reported a 0.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 13.2%.
• Its expenses for the quarter were up by 3.0% QoQ and 17.4% YoY.
• The net profit decreased 27.2% QoQ and decreased 806.3% YoY.
• The earnings per share (EPS) of Apeejay Surrendra Park Hotels Ltd stood at 0.6 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

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. The company is known for its luxury hotel chain, "The Park Hotels," which offers upscale accommodations and experiences. Apeejay Surrendra Park Hotels primarily operates in the Indian market, catering to both domestic and international travelers. The company focuses on providing high-quality services and amenities, distinguishing itself in the competitive hospitality sector. As of the latest available information, there are no specific recent major developments publicly known regarding the company. However, the hospitality industry as a whole has been navigating the challenges and opportunities presented by the evolving travel trends and economic conditions.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), Apeejay Surrendra Park Hotels Ltd reported a total income of ₹156.53 crores. This represents a modest quarter-over-quarter (QoQ) increase of 0.5% from the ₹155.79 crores recorded in the fourth quarter of fiscal year 2025 (Q4FY25). Year-over-year (YoY), the total income saw a substantial growth of 13.2% compared to ₹138.23 crores in the first quarter of fiscal year 2025 (Q1FY25). This YoY growth reflects the company's ability to enhance its revenue generation over the past year, despite the competitive landscape of the hospitality industry.

Profitability

The company's profitability in Q1FY26 showed a decline compared to the previous quarter. Profit Before Tax (PBT) was ₹22.41 crores, which is a 14.9% decrease from Q4FY25's ₹26.34 crores. On a YoY basis, PBT declined by 9.0% from ₹24.62 crores in Q1FY25. The tax expense for Q1FY26 was ₹8.99 crores, reflecting a 13.7% increase from the previous quarter. However, compared to Q1FY25, the tax expense decreased significantly by 66.1%, indicating a different tax scenario in the previous fiscal year. Consequently, Profit After Tax (PAT) for Q1FY26 was ₹13.42 crores, marking a notable decrease of 27.2% QoQ and a substantial improvement from a negative PAT of ₹-1.90 crores YoY.

Operating Metrics

Earnings Per Share (EPS) for Q1FY26 was ₹0.60, representing a 40.0% decrease from the previous quarter's ₹1.00. Despite this QoQ decline, there was a significant YoY improvement from the negative EPS of ₹-0.10 in Q1FY25. The total expenses for the quarter amounted to ₹133.39 crores, which is a 3.0% increase QoQ and a 17.4% increase YoY. This rise in expenses reflects the operational adjustments and cost structures impacting the company's financials. Overall, the operating metrics demonstrate a mixed performance with changes in profitability, revenue, and expenses over the analyzed periods.