Apeejay Surrendra Park Hotels Ltd.
•₹ 115.61-0.68%
2026-08-21
PROS
- Company has delivered good profit growth of 29.4% CAGR over last 5 years
- Company is almost debt free
- Operating margins have improved to 32.5% from 22.4%
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.45x)
- Company comfortably covers its interest (10.8x coverage)
- Company generates healthy free cash flow
CONS
- Recent results are weak - TTM profit is down 22.8% versus prior year
- Company has a low return on equity of 7.8% over last 3 years
- Working capital days have increased from -5 to 66 days
- Total debt has risen sharply - up 134.9% year on year
- Equity base is being diluted - shares outstanding up 22.2%
- Company has delivered a poor sales growth of 7.8% 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
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 125 | 131 | 153 | 146 | 130 | 137 | 172 | 167 | 148 | 157 | 188 | 171 | 158 | |
| 87 | 87 | 99 | 97 | 92 | 96 | 110 | 107 | 103 | 110 | 120 | 122 | 139 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 5 | 3 | 4 | 4 | 16 | 2 | 4 | 3 | 1 | 1 | 1 | 4 |
| Interest | 16 | 17 | 18 | 15 | 4 | 5 | 6 | 5 | 6 | 6 | 8 | 7 | 8 |
| Depreciation | 11 | 12 | 14 | 12 | 13 | 13 | 14 | 19 | 17 | 16 | 18 | 17 | 19 |
| 11 | 21 | 27 | 26 | 24 | 39 | 45 | 40 | 26 | 27 | 42 | 25 | 23 | |
| Tax % | 31.72% | 31.79% | 3.45% | 29.75% | 107.48% | 29.35% | 29.13% | 31.35% | 33.89% | 42.23% | 41.22% | 48.30% | 36.56% |
| Net Profit | 8 | 14 | 26 | 18 | -2 | 27 | 32 | 27 | 17 | 16 | 25 | 13 | 15 |
| 0 | 1 | 1 | 1 | -0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | |
| Equity Capital | 17 | 17 | 17 | 21 | 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 | 21 | 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
- 125
- 87
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 16
- Depreciation
- 11
- 11
- Tax %
- 31.72%
- Net Profit
- 8
- 0
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 131
- 87
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 17
- Depreciation
- 12
- 21
- Tax %
- 31.79%
- Net Profit
- 14
- 1
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 153
- 99
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 18
- Depreciation
- 14
- 27
- Tax %
- 3.45%
- Net Profit
- 26
- 1
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 146
- 97
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 15
- Depreciation
- 12
- 26
- Tax %
- 29.75%
- Net Profit
- 18
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 130
- 92
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 13
- 24
- Tax %
- 107.48%
- Net Profit
- -2
- -0
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 137
- 96
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 5
- Depreciation
- 13
- 39
- Tax %
- 29.35%
- Net Profit
- 27
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 172
- 110
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 6
- Depreciation
- 14
- 45
- Tax %
- 29.13%
- Net Profit
- 32
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 167
- 107
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 5
- Depreciation
- 19
- 40
- Tax %
- 31.35%
- Net Profit
- 27
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 148
- 103
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 6
- Depreciation
- 17
- 26
- Tax %
- 33.89%
- Net Profit
- 17
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 157
- 110
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 6
- Depreciation
- 16
- 27
- Tax %
- 42.23%
- Net Profit
- 16
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 188
- 120
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 8
- Depreciation
- 18
- 42
- Tax %
- 41.22%
- Net Profit
- 25
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 171
- 122
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 7
- Depreciation
- 17
- 25
- Tax %
- 48.30%
- Net Profit
- 13
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 158
- 139
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 8
- Depreciation
- 19
- 23
- Tax %
- 36.56%
- Net Profit
- 15
- 0
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 308 | 348 | 380 | 416 | 415 | 170 | 243 | 492 | 555 | 605 | 675 | |
| 265 | 293 | 309 | 336 | 335 | 160 | 200 | 333 | 370 | 409 | 491 | |
| Operating Profit | 69 | 77 | 78 | 92 | 92 | 22 | 54 | 173 | 198 | 222 | — |
| OPM % | 22 | 22 | 21 | 22 | 22 | 13 | 22 | 35 | 36 | 37 | — |
| Other Income | 26 | 22 | 8 | 12 | 12 | 12 | 11 | 14 | 13 | 25 | 8 |
| Interest | 44 | 44 | 42 | 50 | 51 | 56 | 59 | 62 | 65 | 15 | 28 |
| Depreciation | 26 | 27 | 30 | 30 | 33 | 36 | 38 | 47 | 48 | 59 | 70 |
| -1 | 6 | 6 | 13 | 8 | -85 | -43 | 64 | 85 | 148 | 117 | |
| Tax % | -580 | -70 | 226 | 19 | -195 | 12 | 31 | 26 | 22 | 43 | 42 |
| Net Profit | -5 | 10 | -8 | 11 | 23 | -75 | -30 | 48 | 66 | 85 | 68 |
| 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
- 308
- 265
- Operating Profit
- 69
- OPM %
- 22
- Other Income
- 26
- Interest
- 44
- Depreciation
- 26
- -1
- Tax %
- -580
- Net Profit
- -5
- 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
- 348
- 293
- Operating Profit
- 77
- OPM %
- 22
- Other Income
- 22
- Interest
- 44
- Depreciation
- 27
- 6
- Tax %
- -70
- 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
- 309
- Operating Profit
- 78
- OPM %
- 21
- Other Income
- 8
- Interest
- 42
- Depreciation
- 30
- 6
- Tax %
- 226
- 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
- 416
- 336
- Operating Profit
- 92
- OPM %
- 22
- Other Income
- 12
- Interest
- 50
- Depreciation
- 30
- 13
- Tax %
- 19
- Net Profit
- 11
- 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
- 415
- 335
- Operating Profit
- 92
- OPM %
- 22
- Other Income
- 12
- Interest
- 51
- Depreciation
- 33
- 8
- Tax %
- -195
- Net Profit
- 23
- 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
- 170
- 160
- Operating Profit
- 22
- OPM %
- 13
- Other Income
- 12
- Interest
- 56
- Depreciation
- 36
- -85
- Tax %
- 12
- Net Profit
- -75
- 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
- 243
- 200
- Operating Profit
- 54
- OPM %
- 22
- Other Income
- 11
- Interest
- 59
- Depreciation
- 38
- -43
- Tax %
- 31
- Net Profit
- -30
- 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
- 492
- 333
- Operating Profit
- 173
- OPM %
- 35
- Other Income
- 14
- Interest
- 62
- Depreciation
- 47
- 64
- Tax %
- 26
- 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
- 555
- 370
- Operating Profit
- 198
- OPM %
- 36
- Other Income
- 13
- Interest
- 65
- Depreciation
- 48
- 85
- Tax %
- 22
- Net Profit
- 66
- 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
- 605
- 409
- Operating Profit
- 222
- OPM %
- 37
- Other Income
- 25
- Interest
- 15
- Depreciation
- 59
- 148
- Tax %
- 43
- Net Profit
- 85
- 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
- 675
- 491
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 28
- Depreciation
- 70
- 117
- Tax %
- 42
- Net Profit
- 68
- 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:
- 8%
- 5 Years:
- 8%
- 3 Years:
- 35%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 29%
- 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
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 590 | 600 | 561 | 571 | 593 | 519 | 490 | 536 | 1,169 | 1,253 | |
| 79 | 42 | 55 | 52 | 48 | 51 | 60 | 66 | 24 | 30 | |
| Trade Payables | 36 | 43 | 32 | 41 | 44 | 44 | 37 | 50 | 42 | 43 |
| 500 | 530 | 542 | 541 | 620 | 633 | 654 | 675 | 198 | 295 | |
| Total Liabilities | 1,224 | 1,233 | 1,209 | 1,222 | 1,323 | 1,265 | 1,259 | 1,345 | 1,454 | 1,642 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1,065 | 1,057 | 1,068 | 1,065 | 1,163 | 1,146 | 1,131 | 1,000 | 1,024 | 1,191 | |
| Capital Work in Progress | 30 | 29 | 23 | 31 | 28 | 27 | 29 | 32 | 41 | 54 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54 | |
| 13 | 14 | 17 | 14 | 11 | 10 | 10 | 13 | 15 | 111 | |
| 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32 | 36 | |
| Cash & Bank | 4 | 3 | 8 | 4 | 10 | 7 | 7 | 14 | 54 | 20 |
| 111 | 129 | 93 | 108 | 110 | 75 | 83 | 286 | 288 | 177 | |
| Total Assets | 1,224 | 1,233 | 1,209 | 1,222 | 1,323 | 1,265 | 1,259 | 1,345 | 1,454 | 1,642 |
| Total Debt | 453 | 452 | 477 | 485 | 540 | 592 | 621 | 566 | 31 | 72 |
| Net Working Capital | -107 | -51 | -83 | -77 | -122 | -140 | -157 | -128 | -8 | 109 |
| Contingent Liabilities | 15 | 15 | 66 | 78 | 117 | 138 | 156 | 88 | 161 | 153 |
| Book Value per Share | 322.65 | 327.58 | 331.16 | 336.69 | 34.94 | 30.71 | 29.02 | 31.70 | 55.77 | 59.70 |
| 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 | 540 | 592 | 621 | 566 | 31 | 72 |
| Net Working Capital | -107 | -51 | -83 | -77 | -122 | -140 | -157 | -128 | -8 | 109 |
| Contingent Liabilities | 15 | 15 | 66 | 78 | 117 | 138 | 156 | 88 | 161 | 153 |
| Book Value per Share | 322.65 | 327.58 | 331.16 | 336.69 | 34.94 | 30.71 | 29.02 | 31.70 | 55.77 | 59.70 |
| 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
- 590
- 79
- Trade Payables
- 36
- 500
- Total Liabilities
- 1,224
- 1,065
- Capital Work in Progress
- 30
- 0
- 13
- 1
- Cash & Bank
- 4
- 111
- Total Assets
- 1,224
- Total Debt
- 453
- Net Working Capital
- -107
- Contingent Liabilities
- 15
- Book Value per Share
- 322.65
- Face Value
- 10.00
- Total Debt
- 453
- Net Working Capital
- -107
- Contingent Liabilities
- 15
- Book Value per Share
- 322.65
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 19
- 600
- 42
- Trade Payables
- 43
- 530
- Total Liabilities
- 1,233
- 1,057
- Capital Work in Progress
- 29
- 0
- 14
- 0
- Cash & Bank
- 3
- 129
- Total Assets
- 1,233
- Total Debt
- 452
- Net Working Capital
- -51
- Contingent Liabilities
- 15
- Book Value per Share
- 327.58
- Face Value
- 10.00
- Total Debt
- 452
- Net Working Capital
- -51
- Contingent Liabilities
- 15
- Book Value per Share
- 327.58
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 17
- 561
- 55
- Trade Payables
- 32
- 542
- Total Liabilities
- 1,209
- 1,068
- Capital Work in Progress
- 23
- 0
- 17
- 0
- Cash & Bank
- 8
- 93
- Total Assets
- 1,209
- Total Debt
- 477
- Net Working Capital
- -83
- Contingent Liabilities
- 66
- Book Value per Share
- 331.16
- Face Value
- 10.00
- Total Debt
- 477
- Net Working Capital
- -83
- Contingent Liabilities
- 66
- Book Value per Share
- 331.16
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 17
- 571
- 52
- Trade Payables
- 41
- 541
- Total Liabilities
- 1,222
- 1,065
- Capital Work in Progress
- 31
- 0
- 14
- 0
- Cash & Bank
- 4
- 108
- Total Assets
- 1,222
- Total Debt
- 485
- Net Working Capital
- -77
- Contingent Liabilities
- 78
- Book Value per Share
- 336.69
- Face Value
- 10.00
- Total Debt
- 485
- Net Working Capital
- -77
- Contingent Liabilities
- 78
- Book Value per Share
- 336.69
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 17
- 593
- 48
- Trade Payables
- 44
- 620
- Total Liabilities
- 1,323
- 1,163
- Capital Work in Progress
- 28
- 0
- 11
- 0
- Cash & Bank
- 10
- 110
- Total Assets
- 1,323
- Total Debt
- 540
- Net Working Capital
- -122
- Contingent Liabilities
- 117
- Book Value per Share
- 34.94
- Face Value
- 1.00
- Total Debt
- 540
- Net Working Capital
- -122
- Contingent Liabilities
- 117
- Book Value per Share
- 34.94
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 17
- 519
- 51
- Trade Payables
- 44
- 633
- Total Liabilities
- 1,265
- 1,146
- Capital Work in Progress
- 27
- 0
- 10
- 0
- Cash & Bank
- 7
- 75
- Total Assets
- 1,265
- Total Debt
- 592
- Net Working Capital
- -140
- Contingent Liabilities
- 138
- Book Value per Share
- 30.71
- Face Value
- 1.00
- Total Debt
- 592
- Net Working Capital
- -140
- Contingent Liabilities
- 138
- Book Value per Share
- 30.71
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 17
- 490
- 60
- Trade Payables
- 37
- 654
- Total Liabilities
- 1,259
- 1,131
- Capital Work in Progress
- 29
- 0
- 10
- 0
- Cash & Bank
- 7
- 83
- Total Assets
- 1,259
- Total Debt
- 621
- Net Working Capital
- -157
- Contingent Liabilities
- 156
- Book Value per Share
- 29.02
- Face Value
- 1.00
- Total Debt
- 621
- Net Working Capital
- -157
- Contingent Liabilities
- 156
- Book Value per Share
- 29.02
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 17
- 536
- 66
- Trade Payables
- 50
- 675
- Total Liabilities
- 1,345
- 1,000
- Capital Work in Progress
- 32
- 0
- 13
- 0
- Cash & Bank
- 14
- 286
- Total Assets
- 1,345
- Total Debt
- 566
- Net Working Capital
- -128
- Contingent Liabilities
- 88
- Book Value per Share
- 31.70
- Face Value
- 1.00
- Total Debt
- 566
- Net Working Capital
- -128
- Contingent Liabilities
- 88
- Book Value per Share
- 31.70
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 21
- 1,169
- 24
- Trade Payables
- 42
- 198
- Total Liabilities
- 1,454
- 1,024
- Capital Work in Progress
- 41
- 0
- 15
- 32
- Cash & Bank
- 54
- 288
- Total Assets
- 1,454
- Total Debt
- 31
- Net Working Capital
- -8
- Contingent Liabilities
- 161
- Book Value per Share
- 55.77
- Face Value
- 1.00
- Total Debt
- 31
- Net Working Capital
- -8
- Contingent Liabilities
- 161
- Book Value per Share
- 55.77
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 21
- 1,253
- 30
- Trade Payables
- 43
- 295
- Total Liabilities
- 1,642
- 1,191
- Capital Work in Progress
- 54
- 54
- 111
- 36
- Cash & Bank
- 20
- 177
- Total Assets
- 1,642
- Total Debt
- 72
- Net Working Capital
- 109
- Contingent Liabilities
- 153
- Book Value per Share
- 59.70
- Face Value
- 1.00
- Total Debt
- 72
- Net Working Capital
- 109
- Contingent Liabilities
- 153
- Book Value per Share
- 59.70
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 60 | 46 | 65 | 102 | 100 | 26 | 53 | 172 | 162 | 152 | |
| Cash from Investing | -22 | -1 | -11 | -60 | -97 | -24 | -19 | -41 | -103 | -185 |
| Cash from Financing | -38 | -45 | -49 | -47 | 3 | -5 | -34 | -124 | -36 | 6 |
| 0 | -0 | 4 | -4 | 6 | -3 | 0 | 7 | 23 | -27 | |
| Free Cash Flow | 60 | 29 | 31 | 71 | -13 | 16 | 36 | 172 | 85 | -72 |
| OCF / Net Profit | -11.80 | 4.55 | -7.95 | 9.63 | 4.28 | -0.35 | -1.77 | 3.61 | 2.46 | 1.79 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 178 | 133 | 141 | 282 | 296 | 237 |
| OCF / Net Profit | -11.80 | 4.55 | -7.95 | 9.63 | 4.28 | -0.35 | -1.77 | 3.61 | 2.46 | 1.79 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 178 | 133 | 141 | 282 | 296 | 237 |
Mar 2016
- 60
- Cash from Investing
- -22
- Cash from Financing
- -38
- 0
- Free Cash Flow
- 60
- OCF / Net Profit
- -11.80
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -11.80
- Cumulative 5-Year FCF
- 0
Mar 2017
- 46
- Cash from Investing
- -1
- Cash from Financing
- -45
- -0
- Free Cash Flow
- 29
- OCF / Net Profit
- 4.55
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.55
- Cumulative 5-Year FCF
- 0
Mar 2018
- 65
- Cash from Investing
- -11
- Cash from Financing
- -49
- 4
- Free Cash Flow
- 31
- OCF / Net Profit
- -7.95
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -7.95
- Cumulative 5-Year FCF
- 0
Mar 2019
- 102
- Cash from Investing
- -60
- Cash from Financing
- -47
- -4
- Free Cash Flow
- 71
- OCF / Net Profit
- 9.63
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 9.63
- Cumulative 5-Year FCF
- 0
Mar 2020
- 100
- Cash from Investing
- -97
- Cash from Financing
- 3
- 6
- Free Cash Flow
- -13
- OCF / Net Profit
- 4.28
- Cumulative 5-Year FCF
- 178
- OCF / Net Profit
- 4.28
- Cumulative 5-Year FCF
- 178
Mar 2021
- 26
- Cash from Investing
- -24
- Cash from Financing
- -5
- -3
- Free Cash Flow
- 16
- OCF / Net Profit
- -0.35
- Cumulative 5-Year FCF
- 133
- OCF / Net Profit
- -0.35
- Cumulative 5-Year FCF
- 133
Mar 2022
- 53
- Cash from Investing
- -19
- Cash from Financing
- -34
- 0
- Free Cash Flow
- 36
- OCF / Net Profit
- -1.77
- Cumulative 5-Year FCF
- 141
- OCF / Net Profit
- -1.77
- Cumulative 5-Year FCF
- 141
Mar 2023
- 172
- Cash from Investing
- -41
- Cash from Financing
- -124
- 7
- Free Cash Flow
- 172
- OCF / Net Profit
- 3.61
- Cumulative 5-Year FCF
- 282
- OCF / Net Profit
- 3.61
- Cumulative 5-Year FCF
- 282
Mar 2024
- 162
- Cash from Investing
- -103
- Cash from Financing
- -36
- 23
- Free Cash Flow
- 85
- OCF / Net Profit
- 2.46
- Cumulative 5-Year FCF
- 296
- OCF / Net Profit
- 2.46
- Cumulative 5-Year FCF
- 296
Mar 2025
- 152
- Cash from Investing
- -185
- Cash from Financing
- 6
- -27
- Free Cash Flow
- -72
- OCF / Net Profit
- 1.79
- Cumulative 5-Year FCF
- 237
- OCF / Net Profit
- 1.79
- Cumulative 5-Year FCF
- 237
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -2.70 | 5.38 | -4.65 | 6.08 | 1.34 | -4.29 | -1.71 | 2.73 | 3.08 | 3.98 |
| Book Value (₹) | 322.65 | 327.58 | 331.16 | 336.69 | 34.94 | 30.71 | 29.02 | 31.70 | 55.77 | 59.70 |
| 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 (₹) | 1.12 | 1.96 | 1.25 | 2.31 | 3.25 | -2.22 | 0.48 | 5.45 | 5.35 | 6.73 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 22.40% | 22.07% | 20.57% | 22.21% | 22.24% | 12.90% | 22.38% | 35.26% | 33.37% | 32.49% |
| Net Margin % | -1.66% | 2.92% | -2.14% | 2.55% | 5.65% | -44.17% | -12.27% | 9.70% | 11.85% | 14.03% |
| ROE % | -0.85% | 1.66% | -1.36% | 1.82% | 3.91% | -13.08% | -5.73% | 9.00% | 7.54% | 6.89% |
| ROCE % | 4.08% | 4.68% | 4.53% | 5.88% | 5.31% | -2.57% | 1.43% | 11.21% | 12.80% | 12.68% |
| -0.42% | 0.83% | -0.67% | 0.87% | 1.84% | -5.79% | -2.37% | 3.66% | 4.70% | 5.49% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 31 | 28 | 26 | 23 | 20 | 41 | 27 | 16 | 19 | 20 |
| Inventory Days | 15 | 14 | 15 | 13 | 11 | 22 | 14 | 8 | 9 | 38 |
| Payable Days | 221 | 257 | 231 | 195 | 242 | 614 | 435 | 238 | 227 | 202 |
| -175 | -214 | -190 | -158 | -210 | -550 | -394 | -214 | -200 | -144 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.74x | 0.73x | 0.82x | 0.82x | 0.88x | 1.10x | 1.23x | 1.02x | 0.03x | 0.06x |
| Interest Coverage (x) | 0.98x | 1.14x | 1.15x | 1.26x | 1.16x | -0.52x | 0.27x | 2.04x | 2.29x | 10.82x |
| 0.46x | 0.67x | 0.49x | 0.57x | 0.42x | 0.32x | 0.31x | 0.40x | 0.94x | 1.72x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 4.91% | 12.98% | 9.17% | 9.53% | -0.25% | -59.09% | 43.41% | 102.12% | 12.85% | 9.01% |
| Operating Profit Growth % | 20.77% | 11.34% | 1.75% | 18.28% | -0.12% | -76.27% | 148.81% | 218.37% | 14.31% | 11.95% |
| Net Profit Growth % | 43.01% | 299.22% | -179.92% | 230.79% | 120.62% | -420.02% | 60.15% | 259.71% | 37.85% | 29.11% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 12.85% | 29.11% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 61.85x | 36.78x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 3.42x | 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 | 20.40x | 14.31x |
Mar 2016
- EPS (₹)
- -2.70
- Book Value (₹)
- 322.65
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.12
- Operating Margin %
- 22.40%
- Net Margin %
- -1.66%
- ROE %
- -0.85%
- ROCE %
- 4.08%
- -0.42%
- Debtor Days
- 31
- Inventory Days
- 15
- Payable Days
- 221
- -175
- Debt to Equity (x)
- 0.74x
- Interest Coverage (x)
- 0.98x
- 0.46x
- Revenue Growth %
- 4.91%
- Operating Profit Growth %
- 20.77%
- Net Profit Growth %
- 43.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 5.38
- Book Value (₹)
- 327.58
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.96
- Operating Margin %
- 22.07%
- Net Margin %
- 2.92%
- ROE %
- 1.66%
- ROCE %
- 4.68%
- 0.83%
- 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 %
- 12.98%
- Operating Profit Growth %
- 11.34%
- Net Profit Growth %
- 299.22%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -4.65
- Book Value (₹)
- 331.16
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.25
- Operating Margin %
- 20.57%
- Net Margin %
- -2.14%
- ROE %
- -1.36%
- ROCE %
- 4.53%
- -0.67%
- Debtor Days
- 26
- Inventory Days
- 15
- Payable Days
- 231
- -190
- Debt to Equity (x)
- 0.82x
- Interest Coverage (x)
- 1.15x
- 0.49x
- Revenue Growth %
- 9.17%
- Operating Profit Growth %
- 1.75%
- Net Profit Growth %
- -179.92%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 6.08
- Book Value (₹)
- 336.69
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.31
- Operating Margin %
- 22.21%
- Net Margin %
- 2.55%
- ROE %
- 1.82%
- ROCE %
- 5.88%
- 0.87%
- Debtor Days
- 23
- Inventory Days
- 13
- Payable Days
- 195
- -158
- Debt to Equity (x)
- 0.82x
- Interest Coverage (x)
- 1.26x
- 0.57x
- Revenue Growth %
- 9.53%
- Operating Profit Growth %
- 18.28%
- Net Profit Growth %
- 230.79%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 1.34
- Book Value (₹)
- 34.94
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.25
- Operating Margin %
- 22.24%
- Net Margin %
- 5.65%
- ROE %
- 3.91%
- ROCE %
- 5.31%
- 1.84%
- Debtor Days
- 20
- Inventory Days
- 11
- Payable Days
- 242
- -210
- Debt to Equity (x)
- 0.88x
- Interest Coverage (x)
- 1.16x
- 0.42x
- Revenue Growth %
- -0.25%
- Operating Profit Growth %
- -0.12%
- Net Profit Growth %
- 120.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -4.29
- Book Value (₹)
- 30.71
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -2.22
- Operating Margin %
- 12.90%
- Net Margin %
- -44.17%
- ROE %
- -13.08%
- ROCE %
- -2.57%
- -5.79%
- Debtor Days
- 41
- Inventory Days
- 22
- Payable Days
- 614
- -550
- Debt to Equity (x)
- 1.10x
- Interest Coverage (x)
- -0.52x
- 0.32x
- Revenue Growth %
- -59.09%
- Operating Profit Growth %
- -76.27%
- Net Profit Growth %
- -420.02%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -1.71
- Book Value (₹)
- 29.02
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.48
- Operating Margin %
- 22.38%
- Net Margin %
- -12.27%
- ROE %
- -5.73%
- ROCE %
- 1.43%
- -2.37%
- Debtor Days
- 27
- Inventory Days
- 14
- Payable Days
- 435
- -394
- Debt to Equity (x)
- 1.23x
- Interest Coverage (x)
- 0.27x
- 0.31x
- Revenue Growth %
- 43.41%
- Operating Profit Growth %
- 148.81%
- Net Profit Growth %
- 60.15%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 2.73
- Book Value (₹)
- 31.70
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.45
- Operating Margin %
- 35.26%
- Net Margin %
- 9.70%
- ROE %
- 9.00%
- ROCE %
- 11.21%
- 3.66%
- Debtor Days
- 16
- Inventory Days
- 8
- Payable Days
- 238
- -214
- Debt to Equity (x)
- 1.02x
- Interest Coverage (x)
- 2.04x
- 0.40x
- Revenue Growth %
- 102.12%
- Operating Profit Growth %
- 218.37%
- Net Profit Growth %
- 259.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 3.08
- Book Value (₹)
- 55.77
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.35
- Operating Margin %
- 33.37%
- Net Margin %
- 11.85%
- ROE %
- 7.54%
- ROCE %
- 12.80%
- 4.70%
- Debtor Days
- 19
- Inventory Days
- 9
- Payable Days
- 227
- -200
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 2.29x
- 0.94x
- Revenue Growth %
- 12.85%
- Operating Profit Growth %
- 14.31%
- Net Profit Growth %
- 37.85%
- 12.85%
- P/E (x)
- 61.85x
- P/B (x)
- 3.42x
- Dividend Yield %
- 0.00%
- 20.40x
Mar 2025
- EPS (₹)
- 3.98
- Book Value (₹)
- 59.70
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 6.73
- Operating Margin %
- 32.49%
- Net Margin %
- 14.03%
- ROE %
- 6.89%
- ROCE %
- 12.68%
- 5.49%
- Debtor Days
- 20
- Inventory Days
- 38
- Payable Days
- 202
- -144
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 10.82x
- 1.72x
- Revenue Growth %
- 9.01%
- Operating Profit Growth %
- 11.95%
- Net Profit Growth %
- 29.11%
- 29.11%
- P/E (x)
- 36.78x
- P/B (x)
- 2.45x
- Dividend Yield %
- 0.34%
- 14.31x
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