Apeejay Surrendra Park Hotels Ltd

Apeejay Surrend. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Apeejay Surrendra Park Hotels Ltd

₹ 172 2.57%
27 Sep - close price
theparkhotels.com BSE: 544111 NSE: PARKHOTELS
About

Incorporated in 1987, Apeejay Surrendra Park Hotels Limited is engaged in the hospitality business operating under the brand names of "THE PARK", "THE PARK Collection", "Zone by The Park", "Zone Connect by The Park" and "Stop by Zone"[1]

Key Points

Leading Hospitality Company[1] Among hotel chains with asset ownership, they rank as the eighth largest in India in terms of chain-affiliated hotel room inventory as of September 30, 2023. Of the 45,800 rooms owned by chained affiliated hotels across the country, the Company comprises about 1,300 rooms constituting 2.80% of the total inventory.

Website BSE NSE
  • Market Cap ₹ 3,664 Cr.
  • Current Price ₹ 172
  • High / Low ₹ 235 / 146
  • Stock P/E 65.1
  • Book Value ₹ 55.9
  • Dividend Yield 0.00 %
  • ROCE 12.3 %
  • ROE 7.57 %
  • Face Value ₹ 1.00
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 41.3% CAGR over last 5 years

Cons

  • Stock is trading at 3.07 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 4.41% over last 3 years.
  • Company's cost of borrowing seems high

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Hotels & Restaurants Industry: Hotels

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
135.11 138.66 125.22 129.95 152.20 148.98 129.85
86.20 94.04 87.34 87.08 98.58 96.98 92.77
Operating Profit 48.91 44.62 37.88 42.87 53.62 52.00 37.08
OPM % 36.20% 32.18% 30.25% 32.99% 35.23% 34.90% 28.56%
2.26 -0.68 0.81 6.43 4.32 0.38 3.68
Interest 18.99 12.28 16.08 16.99 17.69 14.65 3.27
Depreciation 8.90 15.75 11.42 11.52 13.55 11.85 13.03
Profit before tax 23.28 15.91 11.19 20.79 26.70 25.88 24.46
Tax % 25.69% 25.71% 31.72% 31.79% 3.41% 29.75% 107.52%
17.30 11.82 7.64 14.18 25.79 18.18 -1.84
EPS in Rs 0.99 0.68 0.44 0.81 1.48 0.85 -0.09
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
416 415 175 243 492 555 561
334 333 159 199 332 370 375
Operating Profit 82 82 15 44 160 186 186
OPM % 20% 20% 9% 18% 32% 33% 33%
10 11 -9 10 14 13 15
Interest 50 51 56 59 62 65 53
Depreciation 30 33 36 38 47 48 50
Profit before tax 13 8 -85 -43 64 85 98
Tax % 19% -195% -12% -31% 26% 22%
11 23 -75 -30 48 66 56
EPS in Rs 6.08 1.34 -4.29 -1.71 2.73 3.08 3.05
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 6%
3 Years: 47%
TTM: 13%
Compounded Profit Growth
10 Years: %
5 Years: 41%
3 Years: 46%
TTM: 38%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 2%
3 Years: 4%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 17 17 17 17 17 21
Reserves 571 593 519 490 536 1,172
441 552 608 646 610 93
134 160 121 106 181 168
Total Liabilities 1,163 1,323 1,265 1,259 1,345 1,454
1,065 1,163 1,146 1,131 1,182 1,205
CWIP 31 28 27 29 32 41
Investments 0 0 0 0 0 0
67 131 92 100 132 209
Total Assets 1,163 1,323 1,265 1,259 1,345 1,454

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
102 100 26 53 172 162
-60 -97 -24 -19 -41 -103
-47 3 -5 -34 -124 -36
Net Cash Flow -4 6 -3 -0 7 23

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 23 18 37 26 18 21
Inventory Days 73 103
Days Payable 217 398
Cash Conversion Cycle -121 18 37 -269 18 21
Working Capital Days -77 -72 -196 -37 -52 -18
ROCE % 6% -1% 1% 11% 12%

Shareholding Pattern

Numbers in percentages

Mar 2024Jun 2024
68.14% 68.14%
5.08% 4.66%
16.42% 15.19%
10.35% 12.00%
No. of Shareholders 45,76344,097

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls