PARKHOTELSConsumer Discretionary

Apeejay Surrendra Park Hotels Limited

Hotels & Resorts · ISIN INE988S01028 · BSE 544111 · NSE EQ · FV ₹1
Last price
₹107
+1.28%today
What this company does

Apeejay Surrendra Park Hotels Limited operates in Hotels & Resorts, part of the Consumer Discretionary sector. It booked ₹167 cr of revenue in its latest quarter (Q1 FY27) and kept 6.9% of sales as profit.

In the report:
65out of 100
Equitytale Health Score
Solid

Healthier than 65% of companies in Consumer Discretionary, on the 5 of 6 measures we could read for it. Each measure is ranked against the 326–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
30

At close. Not part of the score.

Profitability & returns90

How much profit it earns on the money it employs

Balance sheet51

How much it owes, and whether earnings cover the interest

Cash quality70

Whether reported profit actually arrives as cash

Valuation11

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 8% vs last year
Promoters hold 68%
No promoter shares pledged
Strong 342% return on equity
Turns profit into real cash
Watch-outs
! Thin 6.9% net margin
! Profit down 14% vs last year

What if I invest in PARKHOTELS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹107 +1.28%
latest close · 2026-09-17
52-wk low ₹10542 sessions so far52-wk high ₹130
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio49.6High
LowAverageHigh
P/B ratio170.42High
Below bookModerateHigh
EV / EBITDA11.1Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity342.4%Strong
WeakFairStrong ▸15%
Return on capital680.7%Strong
WeakFairStrong
Net margin6.9%Decent
ThinDecentStrong
EBITDA margin31.0%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.19Comfortable
LowModerateHigh ▸1
Interest cover2.9×Okay
RiskyOkayStrong ▸5×
Current ratio1.23Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹2,288 cr
Book value
₹1
EPS
₹0.54
latest quarter
Net debt
₹2 cr
owes more than its cash
Enterprise value
₹2,290 cr
EBITDA
₹207 cr
annualised
EBIT
₹122 cr
annualised
Operating margin
18.3%
Return on assets
223.7%
Earnings yield
2.01%
P/S
3.43
Sales / share
₹31.3
Tax rate
43.1%
Face value
₹1
Shares
21.3 cr
Working capital
₹58.7 L
Current assets
₹3 cr
Current liabilities
₹3 cr
Delivery %
64.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹4₹7, midpoint ₹5

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹167 cr
Other Income₹5 cr
Total Income₹172 cr
Cost of Materials₹21 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-10 L
Employee Benefit Expense₹41 cr
Finance Costs₹10 cr
Depreciation & Amortisation₹21 cr
Other Expenses₹58 cr
Total Expenses₹151 cr
Profit before Tax₹20 cr
Tax Expense₹9 cr
Net Profit₹11 cr
Net margin on total income6.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹21 cr12.1%
Employee benefit expense₹41 cr23.7%
Finance costs₹10 cr6.0%
Depreciation & amortisation₹21 cr12.3%
Other expenses₹58 cr34.1%
Tax expense₹9 cr5.1%
Profit for the period₹11 cr6.7%
Total income ₹172 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue200 cr2 cr167 cr
Total income202 cr2 cr172 cr
Expenses159 cr2 cr151 cr
Profit before tax41 cr24.2 L20 cr
Tax17 cr12.3 L9 cr
Net profit (owners' share)24 cr11.9 L11 cr
Net margin (owners' share, on revenue)12.1%6.5%6.9%
EPS (₹)1.130.560.54
YoY (latest quarter): total income +9.6% · net profit -14.3%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹21 cr
Shareholder equity
₹13 cr
parent shareholders
Total debt
₹3 cr
Cash
₹23.8 L
Cash flow · H1 FY26
Operating
₹71 cr
Investing
₹-185 cr
Financing
₹105 cr
Peer comparison
Hotels & Resorts · by market value
CompanyPriceMarket capP/E
The Indian Hotels Company Limited₹727₹1.03 L cr72.4
ITC Hotels Limited₹154₹32,147 cr44.3
EIH Limited₹300₹18,754 cr40.1
Chalet Hotels Limited₹842₹18,446 cr53.6
Leela Palaces Hotels & Resorts Limited₹530₹17,700 cr90.8
Ventive Hospitality Limited₹562₹13,119 cr40.6
Lemon Tree Hotels Limited₹104₹8,240 cr44.9
India Tourism Development Corporation Limited₹663₹5,684 cr150.6
Juniper Hotels Limited₹215₹4,794 cr36.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.47%
trailing 12 months
Dividend / share (TTM)
₹0.5
Last dividend
₹0.5
ex 19 Sep 2025
ActionDetailEx-date
Dividend₹0.5 / share19 Sep 2025
Who owns it · 2026-06-30
No pledge
Promoter
68.2%
FII / Foreign
4.1%
DII / Domestic
8.8%
Retail / others
18.9%
Promoter stake up 0.1% over the last 11 quarters.
Smart-money activity
Insider trades
BoughtINDRANI DASGUPTA PAUL · Immediate relative9,700 · ₹10.0 L27 Mar 26
BoughtKaran Paul · Director19,340 · ₹19.9 L24 Mar 26
BoughtINDRANI DASGUPTA PAUL · Immediate relative9,380 · ₹9.9 L24 Mar 26
Bulk / block deals
short · NSE1008 Sep 25
short · NSE19 Jul 25
BoughtTT ASIA-PACIFIC EQUITY FUND · NSE11.25 L @ ₹186.1512 Feb 24
Stake changes
BoughtIndrani Dasgupta Paul · promoter→ 0.01% · 9,70027 Mar 26
BoughtKaran Paul · promoter→ 0.04% · 19,34024 Mar 26
BoughtIndrani Dasgupta Paul · promoter→ 0.00% · 9,38024 Mar 26
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 26 Sep 2025
See the official result
1
To receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2025 together with the reports of Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
2.57 cr votes for, 5,815 against · 0% of mutual funds and other big investors said no
2
To declare dividend on equity shares for the financial year ended March 31, 2025
Backed by 100% of shareholders other than promotersneeded 50%
2.57 cr votes for, 5,815 against · 0% of mutual funds and other big investors said no
3
To re-appoint Ms. Priya Paul as a Director, liable to retire by rotation
Promoters had a personal stake in this
Backed by 83% of shareholders other than promotersneeded 50%
2.12 cr votes for, 44.74 L against · 18% of mutual funds and other big investors said no
4
To appoint Secretarial Auditors of the Company
Backed by 99% of shareholders other than promotersneeded 50%
2.55 cr votes for, 2.34 L against · 1% of mutual funds and other big investors said no
5
To approve remuneration of Mr. Karan Paul, Non-Executive Director of the Company
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 70% of shareholders other than promotersneeded 75%
1.81 cr votes for, 76.09 L against · 30% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 10 named members
owning 68.2% between them · as of 2026-06-30
Great Eastern Stores Private Limited24.60%
Apeejay Surrendra Trust14.06%
Apeejay Private Limited7.22%
Apeejay Agencies Private Limited6.80%
Apeejay Engineering Private Limited6.80%
Apeejay House Private Limited6.80%
Apeejay Surrendra Management Services Private Limited1.87%
Karan Paul0.04%
Business done with them
FY2025 · 4 of the group
The company paid ₹5 cr to companies in the promoter group last year — about 0.8% of its ₹631 cr revenue and received ₹4 cr back from them.
APEEJAY PRIVATE LIMITED
Other income from them · Description is mentioned along with relevent line item.
also owns 7.22% of the company
₹3 cr
company received
APEEJAY SURRENDRA MANAGEMENT SERVICES PRIVATE LIMITED
Other payments to them · Description is mentioned along with relevent line item.
also owns 1.87% of the company
₹2 cr
company paid
Karan Paul
Paid them for services · Description is mentioned along with relevent line item.
also owns 0.04% of the company
₹2 cr
company paid
APEEJAY HOUSE PRIVATE LIMITED
Other income from them · Description is mentioned along with relevent line item.
also owns 6.80% of the company
₹67 L
company received
APEEJAY HOUSE PRIVATE LIMITED
Other payments to them · Description is mentioned along with relevent line item.
also owns 6.80% of the company
₹66 L
company paid
Karan Paul
Other payments to them · Description is mentioned along with relevent line item.
also owns 0.04% of the company
₹1 L
company paid

The company also transacted with 16 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹600 cr raised in Feb 2024 by selling shares to the public

As of Mar 2025, the company says it has spent 100% of what it set aside. CARE Ratings Limited watches the spending on the exchange’s behalf.

Repayment/ prepayment, in full or in part of certain outstanding borrowings availed by Company
100%
₹550 cr of ₹550 cr
General corporate purposes
100%
₹16 cr of ₹16 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.