StockWatch
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Hotels & Resorts
Quarterly Result29 May 2026, 04:39 am

ASPHL Q4 FY26 Revenue ₹183.7 Cr, PAT ₹11.88 Cr; FY26 Revenue Crosses ₹700 Cr

AI Summary

Apeejay Surrendra Park Hotels Limited (ASPHL) announced its financial results for Q4 and the full financial year ended March 31, 2026. For Q4 FY26, revenue from operations was ₹183.70 crore, Operating EBITDA stood at ₹52.99 crore, and PAT was ₹11.88 crore, with strong occupancy at 90%. For the full FY26, revenue from operations reached ₹707.28 crore, marking the first time it crossed the ₹700 crore milestone, and PAT was ₹65.72 crore. The company's growth is driven by expansion into new markets, including acquisitions in Mumbai and Kerala, and aims to more than double its room inventory to 6653 keys over the next five years. Its iconic Flurys brand reported a strong 29% YoY revenue growth in FY26, operating 110 outlets. The Managing Director highlighted resilient operating performance, leadership in occupancy and RevPAR, and substantial cash flow improvement from serviced apartment sales. The Board approved a 75% dividend payout, reflecting a strong balance sheet and positive outlook.

Key Highlights

  • Q4 FY26 Revenue from Operations stood at ₹183.70 crore.
  • Q4 FY26 PAT was ₹11.88 crore with 90% occupancy.
  • FY26 Revenue crossed ₹700 crore for the first time, reaching ₹707.28 crore.
  • Flurys, the bakery brand, achieved 29% YoY revenue growth in FY26.
  • Company plans to double room inventory to 6653 keys over five years.
  • The Board approved a 75% dividend payout.