Press Release w.r.t. financial results
PARKHOTELS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Apeejay Surrendra Park Hotels Limited reported Q4 FY26 revenue of Rs. 183.70 crore, up 3.6% from Rs. 177.32 crore in Q4 FY25. However, operating EBITDA declined to Rs. 52.99 crore from Rs. 62.09 crore in the same quarter last year, and PAT dropped significantly to Rs. 11.88 crore from Rs. 26.58 crore. For the full year FY26, revenue crossed the Rs. 700 crore milestone at Rs. 707.28 crore with PAT of Rs. 65.72 crore. The company maintained strong occupancy at 90% in Q4 and approved a 75% dividend payout. Growth initiatives include acquisitions of Zillion Hotels, Fisherman's Grove Resorts, and Thali Hotels, with plans to more than double room inventory to 6,653 keys over five years. Flurys brand delivered 29% YoY revenue growth with 110 outlets.
The Q4 PAT decline of 55% year-on-year despite marginal revenue growth and EBITDA margin compression signals potential profitability concerns that shareholders should monitor, even as the full-year revenue milestone and strong dividend payout reflect underlying business strength.