Apeejay Surrendra Park Hotels Ltd. · NSE:PARKHOTELS
Apeejay Surrendra Park Hotels — Q1 FY26 Earnings Presentation
37 slides from Apeejay Surrendra Park Hotels's earnings presentation, Aug 11, 2025
Slide 1: Exchange filing cover letter for investor presentation
Date: August 11, 2025 Listing Manager, BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, 5th Floor Plot 1st Floor, New Trading Ring Rotunda Building, No. C-1, Block G, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Dalal Street, Bandra (E) Mumba
Slide 2: Q1 FY26 Investor Presentation
RAN BAAS THE PALACE, PATIALA Apeejay Surrendra Park Hotels Limited Q1 FY26 Investor Presentation August 11, 2025
Slide 3: Table of Content
TABLE OF CONTENT Q1 FY26 Results & Highlights 3 Performance of Flurys 18 Management Comment 10 Consolidated P&L 19 Leadership in market segment 11 Development Update 20 Operational performance 14 Acquisition Plan 27 F&B performance 17 Awards & Accolades 31 The Lotus Palace, Chettinad 22
Slide 4: Q1 FY26 Results & Highlights
Ran Baas The Palace - Patiala Q1 FY26 Results & Highlights 3
Slide 5: Summary
SUMMARY ₹ 157 Cr REVENUE HIGEST EVER Q1 INDIA'S HIGHEST 13% over last year TOPLINE, GROWTH OF OCCUPANCY 92% 13% YOY ₹ 48 Cr EBIDTA 12% over last year FLURYS AT 102 OUTLETS, MARKET LEADERSHIP ₹ 23 Cr PBT 42% GROWTH IN IN REVPAR IN UPPER -6% of last year TOP LINE UPSCALE SEGMENT ₹ 13 Cr PAT 805% of la
Slide 6: Operating Results | Q1 FY 2025/26
OPERATING RESULTS | Q1 FY 2025/26 OPERATING OPERATING REVENUE EBIDTA 154 14% 135 3% 131 ₹ 154 Cr r ₹ 45 Cr 115 14% OVER LY 16% OVER LY ROOM REV – F&B REV – OTHER REV OPERATING EBIDTA % ₹ 77 ₹ 66 ₹ 11 29% 45 39 40 32 PBT PAT 13 ₹ 13 Cr 8 7 ₹ 23 Cr -6% OVER LY 805% OVER LY Q1FY26 Q1FY25 -2 Q1FY24 Q1FY
Slide 7: Consolidated Results | Q1 FY 2025/26
CONSOLIDATED RESULTS | Q1 FY 2025/26 REVENUE EBIDTA 157 138 ₹ 157 Cr ₹ 48 Cr 131 13% OVER LY 12% OVER LY 112 ROOM REV – F&B REV – OTHER REV EBIDTA % ₹ 77 ₹ 66 ₹ 14 30% 48 42 40 35 PBT PAT 13 8 7 ₹ 23 Cr ₹ 13 Cr Q1FY26 Q1FY25 -2 Q1FY24 Q1FY23 * -6% OVER LY 805% OVER LY REVENUE EBDITA PAT * Q1FY23 ARE
Slide 8: Strong Balance Sheet
STRONG BALANCE SHEET ₹ 1,297Cr ₹ 1Cr ₹ 70Cr ICRA A+ Net Worth Net Debt Deposits Stable Rating RAN BAAS THE PALACE, PATIALA 7
Slide 9: Accelerating Growth Momentum in FY 2026
ACCELERATING GROWTH MOMENTUM IN FY 2026 Addition Of 589 Rooms Managed 411 Leased 147 Leading To Owned 31 Sustained Double-digit 41% Increase In Growth In Revenue Room Inventory Of & EBIDTA Asset Light Model Addition To Flurys – 40 Units 8
Slide 10: Strategic Acquisitions FY26
STRATEGIC ACQUISITIONS FY26 Zillion Hotels & Resorts Pvt Ltd Malabar House Fort Kochi & at Juhu Mumbai Purity at Lake Vembanad No of Rooms - 80 No of Rooms - 31 Cost of Acquisition - ₹ 206 Cr. Cost of Acquisition - ₹ 62 Cr. Agreement by end of August 2025 Agreement by September 2025 Launch – H2 FY 2
Slide 11: Management Comment
MANAGEMENT COMMENT Commenting on the Q1 FY26 performance Mr. Vijay Dewan, Managing Director said: “Thanks to the dedication and commitment of our teams we have delivered an extra ordinary and best ever Q1 setting a strong momentum for the year ahead. At the operating level the company recorded a top
Slide 12: Leadership in Occupancy Across Key Cities – Q1 FY26
LEADERSHIP IN OCCUPANCY ACROSS KEY CITIES – Q1 FY26 Note: Company Data for Occupancy, ARR and RevPAR pertains exclusively to The Park brand hotels; Figures as of Q1 FY26 Source: STR 11 * - Non STR data
Slide 13: RevPAR Outperformance Across Key Cities – Q1 FY26
REVPAR OUTPERFORMANCE ACROSS KEY CITIES – Q1 FY26 Note: Company Data for Occupancy, ARR and RevPAR pertains exclusively to The Park brand hotels; Figures as of Q1 FY26 Source: STR 12 * - Non STR data
Slide 14: ARR Outperformance Across Key Cities – Q1 FY26
ARR OUTPERFORMANCE ACROSS KEY CITIES – Q1 FY26 Patiala* Chettinad* Note: Company Data for Occupancy, ARR and RevPAR pertains exclusively to The Park brand hotels; Figures as of Q1 FY26 Source: STR 13 * - Non STR data & different scale of data
Slide 15: Key Operational Performance – Q1 FY26
KEY OPERATIONAL PERFORMANCE – Q1 FY26 In Rs. Cr. Revenue from Operations Operating EBITDA Margins 154 29.0% 29.4% 135 45 39 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Shift (%) YoY: 14.2% Shift (%) YoY: 15.7% PAT Margins 8.6% 13 -2 Q1 FY25 Q1 FY26 Shift (%) YoY: 805.2% Note: (1) Operating EBITDA calculat
Slide 16: Operational Performance – Q1 FY26
OPERATIONAL PERFORMANCE – Q1 FY26 Occupancy (%) Average Room Rate (Rs.) 94% 92% 7,335 6,473 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Shift (%) YoY: 13.3% RevPAR (Rs.) 6,751 6,053 Q1 FY25 Q1 FY26 Shift (%) YoY: 11.5% Note: Company Data for Occupancy, ARR and RevPAR pertains exclusively to owned hotels of
Slide 17: Indian Hotel Sector Performance – Q1 FY 2025-26
INDIAN HOTEL SECTOR PERFORMANCE – Q1 FY 2025-26 Q1 FY 2024 DOMESTIC AIR ARR TREND TRAFFIC MOVEMENT Markets ARR change over Q1 FY2025 INDIAN MARKET Total Domestic 7,600 - 7,800 9 – 11 % New Delhi 13 – 15% Air Traffic 41.9 Mn ARR Mumbai 13 – 15% (Q1 FY 2026) Change Over Bengaluru 16 – 18% Chennai Pune
Slide 18: F&B Segment
F&B SEGMENT F&B to Total Revenue (%)(1) 42% 42% Q1 FY25 Q1 FY26 Strong food & beverage performance providing stability to earnings. F&B revenue stood at Rs. 66 Cr. in Q1 FY26 Note 1: Includes Revenue from Flurys 17
Slide 19: Performance of Retail F&B Brand Flurys
PERFORMANCE OF RETAIL F&B BRAND “FLURYS” Asset Light Business Model Provides with Diversification, Resiliency and Scalability PLAN FOR FY 2025 - 26 40New 100 102 7 in New Delhi 77 7 in Hyderabad 69 4 in Mumbai 59 51 51 52 43 44 6 in West Bengal 32 38 10 11 25 27 29 5 in Pune 19 22 4 4 15 3 3 3 39 40
Slide 20: Consolidated P&L Statement & Net Debt Movement
CONSOLIDATED P&L STATEMENT & NET DEBT MOVEMENT In Rs. Cr. Y-o-Y Q-o-Q Q1 FY26 Q1 FY25 Q4 FY25 Change (%) Change (%) Operational Revenue 154 135 14.2% 177 -13.0% Other Income 2 3 -27.8% 3 -20.6% Net Debt Movement 583 614 Total Revenue 157 138 13.2% 180 -13.1% 550 Total Expenses 109 96 13.6% 115 -5.4%
Slide 21: Development Update
The Park – Vizag Development Update 20
Slide 22: Development Update - Hotels
DEVELOPMENT UPDATE - HOTELS OPERATIONAL Hotels Keys OWNED 1.101 MANAGED 999 LEASED 294 New Delhi UNDER DEVELOPMENT Indore Kolkata Navi Mumbai Hyderabad Hotels Keys Vizag OWNED 1.101 MANAGED 2,198 LEASED 147 Bangalore Chennai TOTAL FY 2030 Hotels Keys 21
Slide 23: Launches in FY2026 - Hotels
LAUNCHES IN FY2026 - HOTELS 14 HOTELS 589 KEYS MANALI – 24 DARJEELING– 50 SIMLA – 24 LUCKNOW – 100 KOLKATA – 45 CORBETT – 65 KATRA – 40 GANGTOK – 39 GOA – 51 GANGTOK – 30 PATNA - 42 DHARAMSALA – 48 MALABAR - 31 42 Keys 99 Keys 194 Keys 254 Keys 22
Slide 24: E M Bypass Kolkata
E M BYPASS KOLKATA ⚫ No of Apartments - 100 Picture for representation ⚫ No of Hotel Rooms - 250 ⚫ Authority approval received on proposed design scheme. ⚫ Approvals obtained for road, fire, DFO, airport authority, water, sewage & drainage, fire & KMDA(KIT). ⚫ KMC building approval in progress. Expe
Slide 25: Upcoming - Pune
UPCOMING - PUNE Picture for representation ⚫ No of Rooms - 200 ⚫ Property card (7/12) received ⚫ IOD submission drawings are in progress ⚫ Environmental Clearance application is in process. ⚫ Core & Shell tenders floated, and negotiation is in progress. ⚫ Model Room drawings are in progress. ⚫ Inter
Slide 26: Upcoming - The Park Vizag
UPCOMING - THE PARK VIZAG Picture for representation ⚫ No of Rooms - 100 ⚫ Sanction drawings are in progress. ⚫ CRZ approval is in progress. ⚫ Tender level drawings received from Architect. ⚫ Core & Shell tenders floated, and cost proposal received from civil contracting companies. Estimated Complet
Slide 27: Upcoming - Navi Mumbai
UPCOMING - NAVI MUMBAI Picture for representation ⚫ No of Rooms - 250 ⚫ Schematic Design drawings are in progress ⚫ Preparation of Sanction drawings will start post approval on Schematic Design. ⚫ Major Design consultants are appointed. Estimated Completion of Hotel – March 2029 FY 30 FY 31 FY 32 OC
Slide 28: Acquisition Plan
The Park – New Delhi Acquisition Plan 27
Slide 29: Acquisition in Mumbai
ACQUISITION IN MUMBAI ASPHL entered a Binding MOU to acquire 90% stake in Zillion Hotels & Resorts Pvt Limited. ⚫ Keys : 80 Rooms ⚫ Advance paid – Rs 4 Crs ⚫ 1st Installment - Rs 151 Crs withing 60 to 90 days after due diligence before 31 August 2025. 76% of shareholding and control over management
Slide 30: Acquisition in Malabar
THE MALABAR HOUSE AT FORT KOCHI ACQUISITION IN MALABAR ASPHL entered MOU to acquire. The Malabar House at Fort Kochi o 17 Keys o Land in acres 0.49 PURITY AT LAKE VEMBANAD o Built up in sq ft 8,832 Purity at Lake Vembanad o 14 Keys o Land in acres 1.14 o Built up in sq ft 22,292 DISCOVERY HOUSEBOAT
Slide 31: Acquisition in Goa
ACQUISITION IN GOA ASPHL entered into MOU to Lease: Casa San Antonio Goa ⚫ 100 years old restored Portuguese Villa ⚫ Located just a walk away from Anjuna Beach and Purple Martini o 09 Keys o 2 Villas of 2 Bedroom o 1 Villas of 5 Bedroom o Land in sq mtrs 1,856 o Built up in sq ft 6,031 Lease rent 3
Slide 32: Awards & Accolades
The Park - Bangalore Awards & Accolades 31
Slide 33: One of the World's Most Beautiful Hotels 2025
recognizes As One of the World’s Most Beautiful Hotels 2025 Ran Baas, The Palace has been officially named one of the World’s Most Beautiful Hotels by Prix Versailles 2025 at the 11th edition of the World Architecture and Design Award. Supported by UNESCO and the International Union of Architects, t
Slide 34: Awards and Accolades
AWARDS AND ACCOLADES IGBC Certifications THE Lotus Palace Chettinad won the Critics Choice Award at Aqua at THE Park New Zone by THE Park Gopal & Jammu - has won HICSA 2025 | April 2025 Delhi - has won Restaurant of the the won TripAdvisor Traveller's Choice Awards 2025. year Central India by Indian
Slide 35: About Us
ABOUT US Apeejay Surrendra Park Hotels Limited (ASPHL) is a leading player in the hospitality sector renowned for its upscale properties and diverse F&B offerings. Since its For more information about us, please visit inception in 1967, with the opening of its first property in Kolkata under the www
Slide 36: Disclaimer
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Apeejay Surrendra Park Hotels Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any sec
Slide 37: Thank You
AS at APEEJAY PA eae z Thank You ¥
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