Apeejay Surrendra Park Hotels Ltd.
•₹ 115.61-0.68%
2026-08-21
PROS
- Company has delivered good profit growth of 28.1% CAGR over last 5 years
- Company is almost debt free
- Operating margins have improved to 32.4% from 22.9%
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.51x)
- Company comfortably covers its interest (10.0x coverage)
- Company generates healthy free cash flow
CONS
- Recent results are weak - TTM profit is down 20.3% versus prior year
- Company has a low return on equity of 7.9% over last 3 years
- Working capital days have increased from -4 to 60 days
- Total debt has risen sharply - up 126.4% year on year
- Equity base is being diluted - shares outstanding up 22.2%
- Company has delivered a poor sales growth of 7.9% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | INDHOTEL | 724.00 | 48.02 | 103056.49 | 0.45 | 390.81 | 18.67 | 2339.19 | 14.61 | 25.70 | 28.75 |
| 2. | ITCHOTELS | 163.55 | 39.43 | 34067.08 | 0.61 | 181.91 | 36.05 | 936.02 | 15.71 | 10.54 | 31.62 |
| 3. | EIHOTEL | 297.55 | 26.15 | 18607.71 | 0.50 | 120.31 | 226.22 | 656.96 | 14.54 | 19.68 | 26.02 |
| 4. | CHALET | 848.25 | 35.17 | 18576.18 | 0.24 | 86.12 | -57.60 | 512.27 | -42.73 | 11.41 | 45.68 |
| 5. | THELEELA | 532.65 | 40.14 | 17788.27 | 0.00 | 48.76 | 460.27 | 351.96 | 28.08 | 8.97 | 36.30 |
| 6. | VENTIVE | 588.30 | 28.66 | 13739.25 | 0.00 | 124.18 | 227.44 | 542.80 | 6.97 | 13.15 | 35.30 |
| 7. | LEMONTREE | 108.10 | 36.47 | 8564.18 | 0.00 | 57.34 | 19.21 | 344.61 | 9.13 | 17.75 | 43.36 |
| 8. | ITDC | 683.05 | 71.14 | 5858.48 | 0.43 | 9.39 | -3.63 | 90.10 | 2.68 | 29.74 | 9.25 |
| 9. | MHRIL | 219.60 | 83.76 | 4437.15 | 0.00 | -8.56 | -219.39 | 732.81 | 4.48 | 42.30 | 15.36 |
| 10. | JUNIPER | 197.90 | 26.55 | 4403.32 | 0.00 | 33.26 | 269.47 | 249.53 | 13.04 | 7.85 | 34.56 |
| 11. | SAMHI | 159.50 | 7.04 | 3546.64 | 0.00 | 24.93 | 29.72 | 305.21 | 12.12 | 12.38 | 32.18 |
| 12. | PARKHOTELS | 116.85 | 39.10 | 2493.28 | 0.64 | 11.49 | -14.38 | 166.78 | 8.12 | 12.73 | 28.10 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 131 | 136 | 160 | 152 | 135 | 142 | 177 | 177 | 154 | 165 | 200 | 184 | 167 | |
| 91 | 91 | 103 | 102 | 96 | 99 | 113 | 115 | 109 | 116 | 129 | 131 | 151 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 6 | 4 | 3 | 3 | 15 | 1 | 3 | 2 | 1 | 1 | 1 | 5 |
| Interest | 16 | 17 | 18 | 15 | 4 | 5 | 6 | 6 | 6 | 5 | 10 | 9 | 10 |
| Depreciation | 12 | 12 | 14 | 13 | 14 | 14 | 15 | 20 | 18 | 18 | 19 | 19 | 21 |
| 12 | 21 | 29 | 26 | 25 | 39 | 45 | 39 | 22 | 28 | 41 | 24 | 20 | |
| Tax % | 33.44% | 30.84% | 4.43% | 30.03% | 107.72% | 31.24% | 29.13% | 32.18% | 40.12% | 41.71% | 41.24% | 50.91% | 43.12% |
| Net Profit | 0 | 0 | 0 | 0 | -2 | 27 | 32 | 27 | 13 | 16 | 24 | 12 | 11 |
| 0 | 1 | 2 | 1 | -0 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | |
| Equity Capital | 17 | 17 | 17 | 17 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 17 | 17 | 17 | 17 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 131
- 91
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 16
- Depreciation
- 12
- 12
- Tax %
- 33.44%
- Net Profit
- 0
- 0
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 136
- 91
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 17
- Depreciation
- 12
- 21
- Tax %
- 30.84%
- Net Profit
- 0
- 1
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 160
- 103
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 18
- Depreciation
- 14
- 29
- Tax %
- 4.43%
- Net Profit
- 0
- 2
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 152
- 102
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 15
- Depreciation
- 13
- 26
- Tax %
- 30.03%
- Net Profit
- 0
- 1
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 135
- 96
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 4
- Depreciation
- 14
- 25
- Tax %
- 107.72%
- Net Profit
- -2
- -0
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 142
- 99
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 5
- Depreciation
- 14
- 39
- Tax %
- 31.24%
- Net Profit
- 27
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 177
- 113
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 6
- Depreciation
- 15
- 45
- Tax %
- 29.13%
- Net Profit
- 32
- 2
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 177
- 115
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 6
- Depreciation
- 20
- 39
- Tax %
- 32.18%
- Net Profit
- 27
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 154
- 109
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 6
- Depreciation
- 18
- 22
- Tax %
- 40.12%
- Net Profit
- 13
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 165
- 116
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 5
- Depreciation
- 18
- 28
- Tax %
- 41.71%
- Net Profit
- 16
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 200
- 129
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 10
- Depreciation
- 19
- 41
- Tax %
- 41.24%
- Net Profit
- 24
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 184
- 131
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 9
- Depreciation
- 19
- 24
- Tax %
- 50.91%
- Net Profit
- 12
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 167
- 151
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 10
- Depreciation
- 21
- 20
- Tax %
- 43.12%
- Net Profit
- 11
- 0
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 309 | 349 | 380 | 419 | 431 | 179 | 255 | 510 | 579 | 631 | 716 | |
| 266 | 294 | 310 | 339 | 347 | 167 | 210 | 347 | 386 | 427 | 528 | |
| Operating Profit | 68 | 77 | 79 | 92 | 95 | 23 | 58 | 177 | 205 | 226 | — |
| OPM % | 22 | 22 | 21 | 22 | 22 | 13 | 23 | 35 | 35 | 36 | — |
| Other Income | 26 | 21 | 9 | 12 | 12 | 11 | 13 | 14 | 13 | 22 | 8 |
| Interest | 44 | 44 | 42 | 50 | 52 | 57 | 60 | 62 | 66 | 17 | 34 |
| Depreciation | 26 | 27 | 30 | 30 | 35 | 38 | 40 | 49 | 51 | 62 | 77 |
| -2 | 6 | 7 | 12 | 9 | -87 | -42 | 65 | 89 | 148 | 113 | |
| Tax % | -272 | -67 | 217 | 18 | -178 | 13 | 33 | 27 | 22 | 44 | 44 |
| Net Profit | -6 | 10 | -8 | 10 | 24 | -76 | -28 | 48 | 69 | 84 | 64 |
| EPS | -3 | 5 | -4 | 1 | 1 | -4 | -2 | 3 | 3 | 4 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | — |
| Minority Interest | 0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -0 | 1 | -0 | 1 | 1 | -4 | -2 | 3 | 3 | 4 | — |
| Minority Interest | 0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -0 | 1 | -0 | 1 | 1 | -4 | -2 | 3 | 3 | 4 | — |
Mar 2016
- 309
- 266
- Operating Profit
- 68
- OPM %
- 22
- Other Income
- 26
- Interest
- 44
- Depreciation
- 26
- -2
- Tax %
- -272
- Net Profit
- -6
- EPS
- -3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2017
- 349
- 294
- Operating Profit
- 77
- OPM %
- 22
- Other Income
- 21
- Interest
- 44
- Depreciation
- 27
- 6
- Tax %
- -67
- Net Profit
- 10
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 380
- 310
- Operating Profit
- 79
- OPM %
- 21
- Other Income
- 9
- Interest
- 42
- Depreciation
- 30
- 7
- Tax %
- 217
- Net Profit
- -8
- EPS
- -4
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2019
- 419
- 339
- Operating Profit
- 92
- OPM %
- 22
- Other Income
- 12
- Interest
- 50
- Depreciation
- 30
- 12
- Tax %
- 18
- Net Profit
- 10
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2020
- 431
- 347
- Operating Profit
- 95
- OPM %
- 22
- Other Income
- 12
- Interest
- 52
- Depreciation
- 35
- 9
- Tax %
- -178
- Net Profit
- 24
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2021
- 179
- 167
- Operating Profit
- 23
- OPM %
- 13
- Other Income
- 11
- Interest
- 57
- Depreciation
- 38
- -87
- Tax %
- 13
- Net Profit
- -76
- EPS
- -4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
Mar 2022
- 255
- 210
- Operating Profit
- 58
- OPM %
- 23
- Other Income
- 13
- Interest
- 60
- Depreciation
- 40
- -42
- Tax %
- 33
- Net Profit
- -28
- EPS
- -2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
Mar 2023
- 510
- 347
- Operating Profit
- 177
- OPM %
- 35
- Other Income
- 14
- Interest
- 62
- Depreciation
- 49
- 65
- Tax %
- 27
- Net Profit
- 48
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2024
- 579
- 386
- Operating Profit
- 205
- OPM %
- 35
- Other Income
- 13
- Interest
- 66
- Depreciation
- 51
- 89
- Tax %
- 22
- Net Profit
- 69
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2025
- 631
- 427
- Operating Profit
- 226
- OPM %
- 36
- Other Income
- 22
- Interest
- 17
- Depreciation
- 62
- 148
- Tax %
- 44
- Net Profit
- 84
- EPS
- 4
- Dividend Payout %
- 13
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 4
TTM
- 716
- 528
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 34
- Depreciation
- 77
- 113
- Tax %
- 44
- Net Profit
- 64
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 8%
- 3 Years:
- 35%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 28%
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -24%
RETURN ON EQUITY
- 10 Years:
- 1%
- 5 Years:
- 1%
- 3 Years:
- 8%
- Last Year:
- 7%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 19 | 19 | 17 | 17 | 17 | 17 | 17 | 17 | 21 | 21 |
| 592 | 600 | 564 | 570 | 593 | 519 | 491 | 538 | 1,174 | 1,256 | |
| 79 | 42 | 55 | 52 | 48 | 124 | 145 | 66 | 24 | 30 | |
| Trade Payables | 36 | 43 | 32 | 43 | 49 | 50 | 44 | 57 | 48 | 51 |
| 501 | 531 | 545 | 544 | 629 | 570 | 578 | 684 | 209 | 312 | |
| Total Liabilities | 1,227 | 1,235 | 1,214 | 1,227 | 1,337 | 1,280 | 1,275 | 1,362 | 1,476 | 1,671 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1,064 | 1,058 | 1,069 | 1,070 | 1,175 | 1,015 | 1,001 | 1,011 | 1,037 | 1,254 | |
| Capital Work in Progress | 30 | 29 | 23 | 31 | 28 | 27 | 29 | 35 | 57 | 75 |
| 2 | 1 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 56 | |
| 13 | 14 | 17 | 14 | 12 | 10 | 10 | 13 | 15 | 112 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34 | 38 | |
| Cash & Bank | 4 | 3 | 8 | 4 | 14 | 10 | 9 | 17 | 62 | 21 |
| 115 | 129 | 94 | 107 | 108 | 217 | 225 | 286 | 271 | 114 | |
| Total Assets | 1,227 | 1,235 | 1,214 | 1,227 | 1,337 | 1,280 | 1,275 | 1,362 | 1,476 | 1,671 |
| Total Debt | 453 | 452 | 477 | 485 | 541 | 593 | 623 | 567 | 32 | 73 |
| Net Working Capital | -107 | -51 | -80 | -82 | -126 | -157 | -169 | -130 | -6 | 105 |
| Contingent Liabilities | 14 | 14 | 3 | 78 | 118 | 152 | 170 | 88 | 161 | 153 |
| Book Value per Share | 323.43 | 327.76 | 332.79 | 336.50 | 34.97 | 30.70 | 29.11 | 31.81 | 56.00 | 59.86 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 453 | 452 | 477 | 485 | 541 | 593 | 623 | 567 | 32 | 73 |
| Net Working Capital | -107 | -51 | -80 | -82 | -126 | -157 | -169 | -130 | -6 | 105 |
| Contingent Liabilities | 14 | 14 | 3 | 78 | 118 | 152 | 170 | 88 | 161 | 153 |
| Book Value per Share | 323.43 | 327.76 | 332.79 | 336.50 | 34.97 | 30.70 | 29.11 | 31.81 | 56.00 | 59.86 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2016
- Equity Capital
- 19
- 592
- 79
- Trade Payables
- 36
- 501
- Total Liabilities
- 1,227
- 1,064
- Capital Work in Progress
- 30
- 2
- 13
- 0
- Cash & Bank
- 4
- 115
- Total Assets
- 1,227
- Total Debt
- 453
- Net Working Capital
- -107
- Contingent Liabilities
- 14
- Book Value per Share
- 323.43
- Face Value
- 10.00
- Total Debt
- 453
- Net Working Capital
- -107
- Contingent Liabilities
- 14
- Book Value per Share
- 323.43
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 19
- 600
- 42
- Trade Payables
- 43
- 531
- Total Liabilities
- 1,235
- 1,058
- Capital Work in Progress
- 29
- 1
- 14
- 0
- Cash & Bank
- 3
- 129
- Total Assets
- 1,235
- Total Debt
- 452
- Net Working Capital
- -51
- Contingent Liabilities
- 14
- Book Value per Share
- 327.76
- Face Value
- 10.00
- Total Debt
- 452
- Net Working Capital
- -51
- Contingent Liabilities
- 14
- Book Value per Share
- 327.76
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 17
- 564
- 55
- Trade Payables
- 32
- 545
- Total Liabilities
- 1,214
- 1,069
- Capital Work in Progress
- 23
- 3
- 17
- 0
- Cash & Bank
- 8
- 94
- Total Assets
- 1,214
- Total Debt
- 477
- Net Working Capital
- -80
- Contingent Liabilities
- 3
- Book Value per Share
- 332.79
- Face Value
- 10.00
- Total Debt
- 477
- Net Working Capital
- -80
- Contingent Liabilities
- 3
- Book Value per Share
- 332.79
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 17
- 570
- 52
- Trade Payables
- 43
- 544
- Total Liabilities
- 1,227
- 1,070
- Capital Work in Progress
- 31
- 0
- 14
- 0
- Cash & Bank
- 4
- 107
- Total Assets
- 1,227
- Total Debt
- 485
- Net Working Capital
- -82
- Contingent Liabilities
- 78
- Book Value per Share
- 336.50
- Face Value
- 10.00
- Total Debt
- 485
- Net Working Capital
- -82
- Contingent Liabilities
- 78
- Book Value per Share
- 336.50
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 17
- 593
- 48
- Trade Payables
- 49
- 629
- Total Liabilities
- 1,337
- 1,175
- Capital Work in Progress
- 28
- 0
- 12
- 0
- Cash & Bank
- 14
- 108
- Total Assets
- 1,337
- Total Debt
- 541
- Net Working Capital
- -126
- Contingent Liabilities
- 118
- Book Value per Share
- 34.97
- Face Value
- 1.00
- Total Debt
- 541
- Net Working Capital
- -126
- Contingent Liabilities
- 118
- Book Value per Share
- 34.97
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 17
- 519
- 124
- Trade Payables
- 50
- 570
- Total Liabilities
- 1,280
- 1,015
- Capital Work in Progress
- 27
- 0
- 10
- 0
- Cash & Bank
- 10
- 217
- Total Assets
- 1,280
- Total Debt
- 593
- Net Working Capital
- -157
- Contingent Liabilities
- 152
- Book Value per Share
- 30.70
- Face Value
- 1.00
- Total Debt
- 593
- Net Working Capital
- -157
- Contingent Liabilities
- 152
- Book Value per Share
- 30.70
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 17
- 491
- 145
- Trade Payables
- 44
- 578
- Total Liabilities
- 1,275
- 1,001
- Capital Work in Progress
- 29
- 0
- 10
- 0
- Cash & Bank
- 9
- 225
- Total Assets
- 1,275
- Total Debt
- 623
- Net Working Capital
- -169
- Contingent Liabilities
- 170
- Book Value per Share
- 29.11
- Face Value
- 1.00
- Total Debt
- 623
- Net Working Capital
- -169
- Contingent Liabilities
- 170
- Book Value per Share
- 29.11
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 17
- 538
- 66
- Trade Payables
- 57
- 684
- Total Liabilities
- 1,362
- 1,011
- Capital Work in Progress
- 35
- 0
- 13
- 0
- Cash & Bank
- 17
- 286
- Total Assets
- 1,362
- Total Debt
- 567
- Net Working Capital
- -130
- Contingent Liabilities
- 88
- Book Value per Share
- 31.81
- Face Value
- 1.00
- Total Debt
- 567
- Net Working Capital
- -130
- Contingent Liabilities
- 88
- Book Value per Share
- 31.81
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 21
- 1,174
- 24
- Trade Payables
- 48
- 209
- Total Liabilities
- 1,476
- 1,037
- Capital Work in Progress
- 57
- 0
- 15
- 34
- Cash & Bank
- 62
- 271
- Total Assets
- 1,476
- Total Debt
- 32
- Net Working Capital
- -6
- Contingent Liabilities
- 161
- Book Value per Share
- 56.00
- Face Value
- 1.00
- Total Debt
- 32
- Net Working Capital
- -6
- Contingent Liabilities
- 161
- Book Value per Share
- 56.00
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 21
- 1,256
- 30
- Trade Payables
- 51
- 312
- Total Liabilities
- 1,671
- 1,254
- Capital Work in Progress
- 75
- 56
- 112
- 38
- Cash & Bank
- 21
- 114
- Total Assets
- 1,671
- Total Debt
- 73
- Net Working Capital
- 105
- Contingent Liabilities
- 153
- Book Value per Share
- 59.86
- Face Value
- 1.00
- Total Debt
- 73
- Net Working Capital
- 105
- Contingent Liabilities
- 153
- Book Value per Share
- 59.86
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 60 | 68 | 75 | 106 | 115 | 27 | 58 | 176 | 168 | 158 | |
| Cash from Investing | -22 | -24 | -53 | -64 | -108 | -25 | -22 | -42 | -101 | -196 |
| Cash from Financing | -38 | -45 | -17 | -46 | 3 | -5 | -37 | -126 | -40 | 4 |
| 0 | -0 | 5 | -4 | 10 | -4 | -1 | 8 | 28 | -34 | |
| Free Cash Flow | 60 | 49 | 41 | 70 | -5 | 27 | 37 | 139 | 73 | -125 |
| OCF / Net Profit | -10.16 | 6.60 | -9.54 | 10.72 | 4.76 | -0.35 | -2.06 | 3.67 | 2.45 | 1.89 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 182 | 171 | 269 | 271 | 151 |
| OCF / Net Profit | -10.16 | 6.60 | -9.54 | 10.72 | 4.76 | -0.35 | -2.06 | 3.67 | 2.45 | 1.89 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 182 | 171 | 269 | 271 | 151 |
Mar 2016
- 60
- Cash from Investing
- -22
- Cash from Financing
- -38
- 0
- Free Cash Flow
- 60
- OCF / Net Profit
- -10.16
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -10.16
- Cumulative 5-Year FCF
- 0
Mar 2017
- 68
- Cash from Investing
- -24
- Cash from Financing
- -45
- -0
- Free Cash Flow
- 49
- OCF / Net Profit
- 6.60
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 6.60
- Cumulative 5-Year FCF
- 0
Mar 2018
- 75
- Cash from Investing
- -53
- Cash from Financing
- -17
- 5
- Free Cash Flow
- 41
- OCF / Net Profit
- -9.54
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -9.54
- Cumulative 5-Year FCF
- 0
Mar 2019
- 106
- Cash from Investing
- -64
- Cash from Financing
- -46
- -4
- Free Cash Flow
- 70
- OCF / Net Profit
- 10.72
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 10.72
- Cumulative 5-Year FCF
- 0
Mar 2020
- 115
- Cash from Investing
- -108
- Cash from Financing
- 3
- 10
- Free Cash Flow
- -5
- OCF / Net Profit
- 4.76
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.76
- Cumulative 5-Year FCF
- 0
Mar 2021
- 27
- Cash from Investing
- -25
- Cash from Financing
- -5
- -4
- Free Cash Flow
- 27
- OCF / Net Profit
- -0.35
- Cumulative 5-Year FCF
- 182
- OCF / Net Profit
- -0.35
- Cumulative 5-Year FCF
- 182
Mar 2022
- 58
- Cash from Investing
- -22
- Cash from Financing
- -37
- -1
- Free Cash Flow
- 37
- OCF / Net Profit
- -2.06
- Cumulative 5-Year FCF
- 171
- OCF / Net Profit
- -2.06
- Cumulative 5-Year FCF
- 171
Mar 2023
- 176
- Cash from Investing
- -42
- Cash from Financing
- -126
- 8
- Free Cash Flow
- 139
- OCF / Net Profit
- 3.67
- Cumulative 5-Year FCF
- 269
- OCF / Net Profit
- 3.67
- Cumulative 5-Year FCF
- 269
Mar 2024
- 168
- Cash from Investing
- -101
- Cash from Financing
- -40
- 28
- Free Cash Flow
- 73
- OCF / Net Profit
- 2.45
- Cumulative 5-Year FCF
- 271
- OCF / Net Profit
- 2.45
- Cumulative 5-Year FCF
- 271
Mar 2025
- 158
- Cash from Investing
- -196
- Cash from Financing
- 4
- -34
- Free Cash Flow
- -125
- OCF / Net Profit
- 1.89
- Cumulative 5-Year FCF
- 151
- OCF / Net Profit
- 1.89
- Cumulative 5-Year FCF
- 151
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -3.14 | 5.47 | -4.54 | 5.84 | 1.39 | -4.34 | -1.61 | 2.75 | 3.22 | 3.92 |
| Book Value (₹) | 323.43 | 327.76 | 332.79 | 336.50 | 34.97 | 30.70 | 29.11 | 31.81 | 56.00 | 59.86 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 |
| Cash EPS (₹) | 1.08 | 1.98 | 1.27 | 2.29 | 3.38 | -2.19 | 0.68 | 5.57 | 5.59 | 6.81 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 22.10% | 22.07% | 20.67% | 21.91% | 22.13% | 12.78% | 22.86% | 34.69% | 33.25% | 32.39% |
| Net Margin % | -1.92% | 2.97% | -2.07% | 2.36% | 5.62% | -42.43% | -11.06% | 9.42% | 11.88% | 13.24% |
| ROE % | -0.97% | 1.69% | -1.31% | 1.69% | 4.04% | -13.23% | -5.40% | 9.03% | 7.86% | 6.76% |
| ROCE % | 3.94% | 4.70% | 4.55% | 5.78% | 5.44% | -2.62% | 1.61% | 11.34% | 13.15% | 12.73% |
| -0.48% | 0.84% | -0.64% | 0.81% | 1.89% | -5.80% | -2.21% | 3.65% | 4.85% | 5.31% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 33 | 28 | 26 | 24 | 21 | 43 | 28 | 16 | 19 | 21 |
| Inventory Days | 15 | 14 | 15 | 13 | 11 | 22 | 14 | 8 | 9 | 37 |
| Payable Days | 245 | 257 | 230 | 200 | 255 | 667 | 489 | 269 | 253 | 229 |
| -197 | -214 | -189 | -163 | -223 | -602 | -447 | -244 | -225 | -172 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.74x | 0.73x | 0.82x | 0.83x | 0.89x | 1.11x | 1.22x | 1.02x | 0.03x | 0.06x |
| Interest Coverage (x) | 0.96x | 1.14x | 1.16x | 1.24x | 1.17x | -0.53x | 0.30x | 2.05x | 2.34x | 9.95x |
| 0.46x | 0.67x | 0.51x | 0.55x | 0.42x | 0.27x | 0.28x | 0.42x | 0.96x | 1.62x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 13.19% | 8.72% | 10.33% | 2.87% | -58.51% | 42.60% | 100.16% | 13.42% | 9.06% |
| Operating Profit Growth % | 0.00% | 13.02% | 1.83% | 16.97% | 3.87% | -76.05% | 155.16% | 203.81% | 15.89% | 10.32% |
| Net Profit Growth % | 0.00% | 275.00% | -175.97% | 225.67% | 144.79% | -413.44% | 62.84% | 270.45% | 43.06% | 21.56% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 17.05% | 21.52% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 59.14x | 37.37x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 3.40x | 2.45x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.34% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 19.68x | 14.03x |
Mar 2016
- EPS (₹)
- -3.14
- Book Value (₹)
- 323.43
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.08
- Operating Margin %
- 22.10%
- Net Margin %
- -1.92%
- ROE %
- -0.97%
- ROCE %
- 3.94%
- -0.48%
- Debtor Days
- 33
- Inventory Days
- 15
- Payable Days
- 245
- -197
- Debt to Equity (x)
- 0.74x
- Interest Coverage (x)
- 0.96x
- 0.46x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 5.47
- Book Value (₹)
- 327.76
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.98
- Operating Margin %
- 22.07%
- Net Margin %
- 2.97%
- ROE %
- 1.69%
- ROCE %
- 4.70%
- 0.84%
- Debtor Days
- 28
- Inventory Days
- 14
- Payable Days
- 257
- -214
- Debt to Equity (x)
- 0.73x
- Interest Coverage (x)
- 1.14x
- 0.67x
- Revenue Growth %
- 13.19%
- Operating Profit Growth %
- 13.02%
- Net Profit Growth %
- 275.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -4.54
- Book Value (₹)
- 332.79
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.27
- Operating Margin %
- 20.67%
- Net Margin %
- -2.07%
- ROE %
- -1.31%
- ROCE %
- 4.55%
- -0.64%
- Debtor Days
- 26
- Inventory Days
- 15
- Payable Days
- 230
- -189
- Debt to Equity (x)
- 0.82x
- Interest Coverage (x)
- 1.16x
- 0.51x
- Revenue Growth %
- 8.72%
- Operating Profit Growth %
- 1.83%
- Net Profit Growth %
- -175.97%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 5.84
- Book Value (₹)
- 336.50
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.29
- Operating Margin %
- 21.91%
- Net Margin %
- 2.36%
- ROE %
- 1.69%
- ROCE %
- 5.78%
- 0.81%
- Debtor Days
- 24
- Inventory Days
- 13
- Payable Days
- 200
- -163
- Debt to Equity (x)
- 0.83x
- Interest Coverage (x)
- 1.24x
- 0.55x
- Revenue Growth %
- 10.33%
- Operating Profit Growth %
- 16.97%
- Net Profit Growth %
- 225.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 1.39
- Book Value (₹)
- 34.97
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.38
- Operating Margin %
- 22.13%
- Net Margin %
- 5.62%
- ROE %
- 4.04%
- ROCE %
- 5.44%
- 1.89%
- Debtor Days
- 21
- Inventory Days
- 11
- Payable Days
- 255
- -223
- Debt to Equity (x)
- 0.89x
- Interest Coverage (x)
- 1.17x
- 0.42x
- Revenue Growth %
- 2.87%
- Operating Profit Growth %
- 3.87%
- Net Profit Growth %
- 144.79%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -4.34
- Book Value (₹)
- 30.70
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -2.19
- Operating Margin %
- 12.78%
- Net Margin %
- -42.43%
- ROE %
- -13.23%
- ROCE %
- -2.62%
- -5.80%
- Debtor Days
- 43
- Inventory Days
- 22
- Payable Days
- 667
- -602
- Debt to Equity (x)
- 1.11x
- Interest Coverage (x)
- -0.53x
- 0.27x
- Revenue Growth %
- -58.51%
- Operating Profit Growth %
- -76.05%
- Net Profit Growth %
- -413.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -1.61
- Book Value (₹)
- 29.11
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.68
- Operating Margin %
- 22.86%
- Net Margin %
- -11.06%
- ROE %
- -5.40%
- ROCE %
- 1.61%
- -2.21%
- Debtor Days
- 28
- Inventory Days
- 14
- Payable Days
- 489
- -447
- Debt to Equity (x)
- 1.22x
- Interest Coverage (x)
- 0.30x
- 0.28x
- Revenue Growth %
- 42.60%
- Operating Profit Growth %
- 155.16%
- Net Profit Growth %
- 62.84%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 2.75
- Book Value (₹)
- 31.81
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.57
- Operating Margin %
- 34.69%
- Net Margin %
- 9.42%
- ROE %
- 9.03%
- ROCE %
- 11.34%
- 3.65%
- Debtor Days
- 16
- Inventory Days
- 8
- Payable Days
- 269
- -244
- Debt to Equity (x)
- 1.02x
- Interest Coverage (x)
- 2.05x
- 0.42x
- Revenue Growth %
- 100.16%
- Operating Profit Growth %
- 203.81%
- Net Profit Growth %
- 270.45%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 3.22
- Book Value (₹)
- 56.00
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.59
- Operating Margin %
- 33.25%
- Net Margin %
- 11.88%
- ROE %
- 7.86%
- ROCE %
- 13.15%
- 4.85%
- Debtor Days
- 19
- Inventory Days
- 9
- Payable Days
- 253
- -225
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 2.34x
- 0.96x
- Revenue Growth %
- 13.42%
- Operating Profit Growth %
- 15.89%
- Net Profit Growth %
- 43.06%
- 17.05%
- P/E (x)
- 59.14x
- P/B (x)
- 3.40x
- Dividend Yield %
- 0.00%
- 19.68x
Mar 2025
- EPS (₹)
- 3.92
- Book Value (₹)
- 59.86
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 6.81
- Operating Margin %
- 32.39%
- Net Margin %
- 13.24%
- ROE %
- 6.76%
- ROCE %
- 12.73%
- 5.31%
- Debtor Days
- 21
- Inventory Days
- 37
- Payable Days
- 229
- -172
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 9.95x
- 1.62x
- Revenue Growth %
- 9.06%
- Operating Profit Growth %
- 10.32%
- Net Profit Growth %
- 21.56%
- 21.52%
- P/E (x)
- 37.37x
- P/B (x)
- 2.45x
- Dividend Yield %
- 0.34%
- 14.03x
Documents
Announcements
- Updates
2026-08-18 - Apeejay Surrendra Park Hotels Limited has informed the Exchange regarding 'Press Release w.r.t. financial results for the first quarter (Q1) and three months ended on June 30, 2026'.
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-17 - Apeejay Surrendra Park Hotels Limited has informed the Exchange about Link of Recording
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
Jun 2026
May 2026