Apeejay Surrendra Park Hotels Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2026, recommended Final Dividend of Rs. 0.75 per equity share.
PARKHOTELS · price
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The Board of Directors approved the audited financial results for Q4 and FY26 (ended March 31, 2026). Consolidated revenue grew to Rs. 707.28 crore from Rs. 631.45 crore in FY25, but profit after tax declined to Rs. 66.79 crore from Rs. 82.63 crore. Standalone revenue increased to Rs. 668.65 crore from Rs. 605.33 crore, while standalone PAT fell to Rs. 70.20 crore from Rs. 84.93 crore. The Board recommended a final dividend of Rs. 0.75 per equity share (face value Rs. 1 each) for FY26, totaling approximately Rs. 16.01 crore. This is subject to shareholder approval at the upcoming AGM. The auditors issued unmodified opinions on both standalone and consolidated financials. The company also completed acquisitions of Zillion Hotels and Resorts Private Limited (Juhu, Mumbai) and Fishermans Grove Resorts Private Limited (Kerala) during the year.
The company continues to reward shareholders with dividend payout despite profit decline in FY26. The modest dividend of Rs. 0.75 per share is a positive signal for income-focused investors, though the reduced profitability year-on-year may weigh on market sentiment.