Apeejay Surrendra Park Hotels Limited has informed the Exchange about Transcript

Apeejay Surrendra Park Hotels reported a strong Q1 FY26 with 14% topline growth and 16% EBITDA growth, achieving India's highest occupancy at 92% with ARR up 13% and RevPAR up 12%. The company plans to add 600 rooms in FY26 (411 management contracts, 147 leased, 31 owned) to expand from 35 hotels/2,394 keys to 50 hotels/2,983 keys. Two acquisitions are in the pipeline: Zillion Hotels (Juhu) at INR 206 crore for 90% stake and Cochin luxury property at INR 62 crore. The Flurys bakery brand currently has 102 outlets with a target of 200 stores by 2027 and 350-400 stores by 2030, targeting INR 85-90 crore revenue in FY26. Management reiterated guidance of high-teen revenue and EBITDA growth, backed by a 5-year capital outlay of INR 1,700 crore, funded largely through internal accruals with net debt remaining near zero.