Apeejay Surrendra Park Hotels Limited — Investor Meet, 03-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Apeejay Surrendra Park Hotels delivered a strong quarter with revenue up 16.3% YoY, operating EBITDA rising 21%, and PAT surging 44.1%. Occupancy held at 92%, flagship hotels reached near full capacity, and ARR/RevPAR grew 13% YoY. FY25 revenue was Rs. 653 Cr and EBITDA Rs. 226 Cr, with PAT at a record Rs. 84 Cr. Key additions include luxury hotels in Mumbai and Kochi, and Flurys expanded to 103 outlets (12% EBITDA margin). Management targets high-teen growth next year, backed by new openings, ARR gains, and F&B expansion, maintaining a net cash position and conservative leverage. The focus remains on premium positioning, asset-light growth, and broadening presence into Tier-2/3 cities.