Apeejay Surrendra Park Hotels Reports Q4 and Full-Year FY26 Financial Results

Apeejay Surrendra Park Hotels Limited (ASPHL) has officially made public its consolidated financial performance for the final quarter and the full financial year ending March 31, 2026. Despite facing some headwinds in the final stretch of the year, the luxury and boutique hospitality chain managed a solid expansion in its full-year top-line revenues.

Q4 Performance: Seasonal Dips and Margin Compression

For the quarter ending March 31, 2026 (Q4 FY26), operations brought in a revenue of Rs. 183.70 crores. This reflects an increase of roughly 3.6% compared to the Rs. 177.32 crores reported in the same quarter of the previous year (Q4 FY25). However, momentum slowed slightly from the preceding quarter ending December 31, 2025, where revenue stood higher at Rs. 200.06 crores.

Total expenditure for the quarter climbed to Rs. 130.71 crores, up from Rs. 112.51 crores in Q4 FY25. This uptick was driven primarily by rising employee benefit expenses-which jumped to Rs. 45.22 crores from Rs. 37.96 crores a year prior-alongside an increase in general operational overheads.

As a consequence of these rising expenses, the group's profit before finance costs, depreciation, and amortization (EBITDA) contracted to Rs. 53.74 crores for the quarter, compared to Rs. 64.81 crores in Q4 FY25 and Rs. 72.12 crores in Q3 FY25. The net profit after tax (PAT) attributable to the equity holders of the parent dropped to Rs. 11.88 crores, down from Rs. 26.58 crores in the prior year's corresponding quarter. Consequently, diluted Earnings Per Share (EPS) for the quarter softened to Rs. 0.56.

Full-Year FY26: Resilient Top-Line Growth

Shifting perspective to the broader twelve-month horizon tells a more robust story of long-term operational scaling. For the full year ending March 31, 2026, the company achieved total operations revenue of Rs. 707.28 crores, marking a healthy 12% growth over the Rs. 631.45 crores captured during FY25.

Total full-year income reached Rs. 713.00 crores when factoring in other financial inflows. However, mirroring the quarterly trend, full-year operating costs rose in tandem with expansion, totaling Rs. 489.26 crores compared to Rs. 411.05 crores in the preceding year.

Total comprehensive income attributable to the parent's equity holders for the complete fiscal year settled at Rs. 65.71 crores, lower than the Rs. 83.59 crores logged in FY25, largely impacted by the sharper operational expenditures and financial dynamics experienced in the late quarters of the fiscal year.

The company's equity base remained stable with an equity share capital of Rs. 21.34 crores, while total reserves and surplus grew to Rs. 1,320.98 crores, up from Rs. 1,262.18 crores at the close of March 2025, signaling a strengthened net worth framework as the brand targets future market expansions.

Shares of Apeejay Surrendra Park Hotels Limited was last trading in BSE at Rs. 123.30 as compared to the previous close of Rs. 122.15. The total number of shares traded during the day was 6215 in over 294 trades.

The stock hit an intraday high of Rs. 126.00 and intraday low of 123.00. The net turnover during the day was Rs. 771209.00.

Source : Equity Bulls

Keywords

ApeejaySurrendraParkHotels INE988S01028 Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate