Apeejay Surrendra Park Hotels Limited — Investor Meet, 14-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Apeejay Surrendra Park Hotels reported a strong Q1 FY26 with 14% revenue and 16% EBITDA growth, achieving 92% occupancy. The company plans to add nearly 600 rooms in FY26, focusing on asset-light and leased models, aiming for 50 hotels. Strategic acquisitions include a 90% stake in Zillion Hotels (Mumbai, 80-room luxury) for INR 206 Cr and 31 rooms in Cochin (luxury resorts) for INR 62 Cr. Flurys, the bakery brand, grew Q1 topline by 42% to INR 19 Cr, targeting 200 stores by 2027. Management is confident of sustained high-teen revenue and EBITDA growth.