Apeejay Surrendra Park Hotels Ltd. · NSE:PARKHOTELS
Apeejay Surrendra Park Hotels — Q4 FY2025 Earnings Presentation
41 slides from Apeejay Surrendra Park Hotels's earnings presentation, May 28, 2025
Slide 1: Exchange filing cover letter for investor presentation
Date: May 27, 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) Mumbai –
Slide 2: Q4 & FY25 Investor Presentation
The Park - Hyderabad Apeejay Surrendra Park Hotels Limited Q4 & FY25 Investor Presentation May 28, 2025
Slide 3: Table of Content
Table of Content Q4 & FY25 Results Overview 3 Performance of Flurys 16 Management Comment 8 Consolidated P&L 17 Leadership in market segment 9 Launches in FY 2025 18 Operational performance 12 Renovation in FY 2025 23 F&B performance 15 Development Update FY 2025 27 Acquisition Plan 33 The Lotus Pal
Slide 4: Q4 & FY25 Results Overview
Ran Baas The Palace - Patiala Q4 & FY25 Results Overview 3
Slide 5: Summary
SUMMARY ₹ 653 Cr REVENUE 10% over last year 2024-25 has been a standout year for the company, in terms of ₹ 226 Cr EBIDTA 10% over last year growth, progress and success, made possible for the commitment and ₹ 148 Cr PBT 67% over last year dedication of our teams. ₹ 84 Cr PAT 22% over last year 4
Slide 6: Operating Results | Q4 FY 2024/25
OPERATING RESULTS | Q4 FY 2024/25 OPERATING OPERATING REVENUE EBIDTA HIGEST EVER Q4 INDIA'S HIGHEST OPERATING TOPLINE, ₹ 177 Cr ₹ 61 Cr OCCUPANCY 92% 16% OVER LY 21% OVER LY GROWTH OF 16% YOY ROOM REV – F&B REV – OTHER REV OPERATING EBIDTA % ₹ 93 ₹69 ₹15 34% PBT PAT FLURYS AT 100 MARKET LEADERSHIP ₹
Slide 7: Consolidated Results | Q4 FY 2024/25
CONSOLIDATED RESULTS | Q4 FY 2024/25 REVENUE EBIDTA ₹ 180 Cr ₹ 64 Cr 16% OVER LY 19% OVER LY ROOM REV – F&B REV – OTHER REV EBIDTA % ₹ 93 ₹69 ₹18 35% PBT PAT ₹ 39 Cr ₹ 27 Cr 49% OVER LY 44% OVER LY Particulars Q4 FY 25 Q4 FY 24 Var % % age of Occupancy * 92% 92% 0% Average Room Revenue* 8,758 7,760
Slide 8: Operating Results | 12M FY 2024/25
OPERATING RESULTS | 12M FY 2024/25 REVENUE EBIDTA ₹ 631 Cr ₹ 205 Cr 9% OVER LY 6% OVER LY ROOM REV – F&B REV – OTHER REV EBIDTA % ₹ 319 ₹266 ₹46 32% PBT PAT ₹ 148 Cr ₹ 84 Cr 67% OVER LY 22% OVER LY Particulars 12M 24/25 12M 23/24 Var % % age of Occupancy * 93% 92% 1% Average Room Revenue* 7,624 7,05
Slide 9: Management Comment
Management Comment Commenting on the Q4 & FY25 performance Mr. Vijay Dewan, Managing Director said: “2024-25 has been a standout year for the company, in terms of growth, progress and success, made possible by the commitment and dedication of our teams. Quarter 4 has been the best ever with topline
Slide 10: Leadership in Occupancy Across Key Cities – 12M FY 2024/25
Leadership In Occupancy Across Key Cities – 12M FY 2024/25 100% 93% 95% 91% 91% 91% 87% 84% 79% 79% 81% 79% 76% 77% 72% 72% 69% 68% New Delhi Chennai Kolkata Hyderabad Bengaluru Goa Navi Mumbai Vizag Indore Industry ASPHL Note: Company Data for Occupancy, ARR and RevPAR pertains exclusively to The P
Slide 11: RevPar Outperformance Across Key Cities – 12M FY 2024/25
RevPar Outperformance Across Key Cities – 12M FY 2024/25 8,477 7,841 6,685 6,227 6,250 6,419 6,370 6,174 6,062 5,789 5,717 5,556 4,946 4,575 4,438 4,545 4,614 4,014 New Delhi Chennai Kolkata Hyderabad Bengaluru Goa Navi Mumbai Vizag Indore Industry ASPHL Note: Company Data for Occupancy, ARR and Rev
Slide 12: ARR Outperformance Across Key Cities – 12M FY 2024/25
ARR Outperformance Across Key Cities – 12M FY 2024/25 9,229 8,106 7,987 7,841 7,116 7,304 7,345 7,169 6,862 6,989 6,846 7,061 6,737 6,369 6,256 5,781 5,857 5,066 New Delhi Chennai Kolkata Hyderabad Bengaluru Goa Navi Mumbai Vizag Indore Industry ASPHL Note: Company Data for Occupancy, ARR and RevPAR
Slide 13: Key Operational Performance – Q4 & FY25
Key Operational Performance – Q4 & FY25 In Rs. Cr. Revenue from Operations EBITDA Margins 631 33.0% 34.5% 33.2% 32.4% 579 205 193 152 177 50 61 Q4 FY24 Q4 FY25 FY24 FY25 Q4 FY24 Q4 FY25 FY24 FY25 Shift (%) YoY: 16.3% YoY: 9.1% Shift (%) YoY: 21.3% YoY: 6.2% Normalized PAT Margins 15.8% 14.8%
Slide 14: Operational Performance – Q4 & FY25
Operational Performance – Q4 & FY25 Occupancy (%) Average Room Rate (Rs.) 92% 92% 92% 93% 8,758 7,760 7,624 7,056 Q4 FY24 Q4 FY25 FY24 FY25 Q4 FY24 Q4 FY25 FY24 FY25 Shift (%) YoY: 12.9% YoY: 8.0% RevPAR (Rs.) 8,074 7,175 7,061 6,475 Q4 FY24 Q4 FY25 FY24 FY25 Shift (%) YoY: 12.5% YoY: 9.1% Not
Slide 15: Indian Hotel Sector Performance – Q4 FY 2024/25
INDIAN HOTEL SECTOR PERFORMANCE – Q4 FY 2024/25 ARR change over Q4 FY2024 Q4 FY 2024 ASPHL Q4 Markets INDIAN MARKET New Delhi 18 – 20% Mumbai 18 – 20% Bengaluru 26 – 28% Chennai 11 – 13% ARR 9,400 - 9,600 11 – 13 % 13 % Pune 13 – 15% Change Over Jaipur 15 – 17% Kolkata 10 – 12% 61 - 63% 1 – 3 pp 92%
Slide 16: F&B Segment
F&B Segment F&B to Total Revenue (%)(1) 42% 41% 39% 39% Q4 FY24 Q4 FY25 FY24 FY25 Strong food & beverage performance providing stability to earnings. F&B revenue stood at Rs. 266 Cr. in FY25 Note 1: Includes Revenue from Flurys 15
Slide 17: 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 50New 100 102 10 in New Delhi 77 9 in Hyderabad 69 8 in Mumbai 59 51 51 52 43 44 6 in West Bengal 32 38 10 11 25 27 29 1 Gangtok 19 22 4 4 15 3 3 3 39 4
Slide 18: Consolidated P&L Statement & Net Debt Movement
Consolidated P&L Statement & Net Debt Movement In Rs. Cr. Y-o-Y QoQ Y-o-Y Q4 FY25 Q4 FY24 Change Q3 FY25 Change FY25 FY24 Change (%) (%) (%) Operational Revenue 177 152 16.3% 177 -0.1% 631 579 9.1% Net Debt Movement Other Income 3 3 -14.6% 1 160.9% 22 13 71.9% 583 614 Total Revenue 180 156 15.7% 179
Slide 19: Launches in FY 2025
THE PARK, NEW DEHI Launches in FY 2025 18
Slide 20: Ran Baas The Palace, Patiala
RAN BAAS THE PALACE, PATIALA 19
Slide 21: The Lotus Palace, Chettinad
THE LOTUS PALACE, CHETTINAD 20
Slide 22: Banjara Hills, Hyderabad
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Slide 23: Phoenix Citadel, Indore
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Slide 24: Renovations in FY 2025
The Park - Bangalore Renovations in FY 2025 23
Slide 25: 601, The Park - Chennai
601, The Park - Chennai AS 7 aocesay THE PH Siirctoan THE ZONE ZONE = EX L 4 :
Slide 26: The Park, New Delhi renovation
9th Floor – 24 Rooms & External Façade Renovated The Park, New Delhi 25
Slide 27: Italia, Bangalore
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Slide 28: Development Update
The Park – Vizag Development Update 27
Slide 29: Development Update - Hotels
DEVELOPMENT UPDATE - HOTELS THE Park HOTELS - OPERATIONAL HOTELS - UNDERDEVELOPMENT The Park Collection BRANDS # HOTELS # KEYS BRANDS # HOTELS # KEYS Zone by The Park THE PARK 8 1,221 THE PARK 7 1,130 THE PARK COLLECTION 5 114 THE PARK COLLECTION 3 105 Under Development ZONE BY THE PARK 10 539 ZONE
Slide 30: Upcoming - The Park Em Bypass, Kolkata
Upcoming - The Park Em Bypass, Kolkata Picture for representation ⚫ No of Apartments - 100 ⚫ No of Hotel Rooms - 250 ⚫ Authority approval received on proposed design scheme. ⚫ Schematic Design drawings are in progress. ⚫ Preparation of Sanction drawings in progress. ⚫ Major Design consultants are ap
Slide 31: 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 32: 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 33: 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 32
Slide 34: Acquisition Plan
The Park – New Delhi Acquisition Plan 33
Slide 35: Acquisition plan in Mumbai
Acquisition plan 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 161 Crs withing 60 to 90 days after due diligence before 22nd July 2025. 76% of shareholding & control over manageme
Slide 36: Acquisition plan in Malabar
THE MALABAR HOUSE AT FORT KOCHI Acquisition plan in Malabar ASPHL entered MOU to acquire in tranches. 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 DIS
Slide 37: Acquisition in Goa
Acquisition in Goa ASPHL entered 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 Lakhs
Slide 38: Awards and Accolades
AWARDS AND ACCOLADES IGBC Certifications THE Lotus Palace Chettinad won the Critics Choice Award at Zone by The Park, Pathankot was Aish, THE Park Hyderabad HICSA 2025 | April 2025 awarded won Traveller Review Awards won the Better Kitchen Award for Fine 2024 by Booking.com Dine Restaurant South Ind
Slide 39: 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 For more information about us, please visit offerings. Since its inception in 1967, with the opening of its first property in www.theparkhotels.com
Slide 40: 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 41: Thank You
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