Apeejay Surrendra Park Hotels Limited (PARKHOTELS) Earnings Call Transcripts

Apeejay Surrendra Park Hotels Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Apeejay Surrendra Park Hotels Limited reported consolidated operating revenue of INR 184 crores, reflecting a 4% year-on-year increase. For the full fiscal year, revenue surpassed INR 700 crores for the first time, achieving INR 707 crores, a 12% growth compared to the previous year. Management maintained a positive outlook, emphasizing strong domestic demand and plans to expand their portfolio to over 6,000 keys by FY '30, despite challenges from geopolitical tensions and inflationary pressures.

Reported metrics

Guidance from management

Management maintained a positive outlook, targeting to surpass 6,000 keys by FY '30 and focusing on enhancing profitability and occupancy levels across their portfolio.

What management said

So yes, you are right. There have been cancellations because of the geopolitical situation and the war in the Middle East, large significant cancellations did take place in Delhi as well as in Hyderabad. But things have stabilized now, and we expect the conditions to further improve starting now. And we expect that the growth will continue to be strong for us as we move forward.

Largely, it is going to be on cafes. But yes, there will be 1 or 2 flagship stores in each of the markets we enter. Like in Delhi, we expect at least 2 flagship stores. Delhi, when I'm saying it is Delhi NCR, but large amount of this expansion is largely going to be in the cafe format, and we feel that the Cafe format is the most promising as we move forward.

What analysts pressed on

Analysts expressed concerns regarding the impact of geopolitical events on occupancy and revenue growth, particularly in key markets like Delhi and Hyderabad. There were also questions about the slower-than-expected ARR growth despite high occupancy levels.

Main topics on the call

• Revenue Milestone Achievement — The company crossed the INR 700 crore revenue milestone for the first time, achieving INR 707 crores for FY '26, which is a 12% increase year-on-year. Management noted, "FY '26 was another year of steady operational perf...
• Occupancy and RevPAR Leadership — The company maintained a strong occupancy rate of 91% for the year, with RevPAR growing 7% year-on-year to INR 7,584. Management stated, "The Park Kolkata achieved occupancy of 100% for the quarter, and for the year, mai...
• Flurys Expansion Plans — Flurys, the patisserie brand, plans to add over 30 outlets in the next 10 months, expanding from 110 to 140 outlets. Management emphasized that "Flurys delivered robust revenue growth of 29% year-on-year during FY '26," ...
• Impact of Geopolitical Events — Management acknowledged that geopolitical tensions, particularly the war in the Middle East, led to significant cancellations in Q4, impacting revenue growth. They stated, "There have been cancellations because of the ge...

Read the full Apeejay Surrendra Park Hotels Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 7 Apeejay Surrendra Park Hotels Limited earnings call transcripts on record, spanning August 16, 2024 to May 29, 2026. Based on this history, Apeejay Surrendra Park Hotels Limited reports quarterly. The most recent call on file is dated May 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

PARKHOTELS

Exchange

NSEI

Country

IN

Sector

Consumer Discretionary

Industry

Hotels, Restaurants and Leisure

Calls on record

7

First call

August 16, 2024

Most recent

May 29, 2026

Reporting cadence

quarterly