Apeejay Surrendra Park Hotels Ltd
Incorporated in 1987, Apeejay Surrendra Park Hotels Ltd is in the business of providing Hospitality and Yacht on hire[1]
- Market Cap ₹ 4,154 Cr.
- Current Price ₹ 195
- High / Low ₹ 235 / 138
- Stock P/E 59.7
- Book Value ₹ 57.2
- Dividend Yield 0.00 %
- ROCE 12.3 %
- ROE 7.57 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 41.3% CAGR over last 5 years
Cons
- Stock is trading at 3.40 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
Part of BSE SmallCap BSE Consumer Discretionary Nifty Total Market Nifty Microcap 250 BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | 568 | |
| 334 | 333 | 159 | 199 | 332 | 370 | 385 | |
| Operating Profit | 82 | 82 | 15 | 44 | 160 | 186 | 183 |
| OPM % | 20% | 20% | 9% | 18% | 32% | 33% | 32% |
| 10 | 11 | -9 | 10 | 14 | 13 | 24 | |
| Interest | 50 | 51 | 56 | 59 | 62 | 65 | 39 |
| Depreciation | 30 | 33 | 36 | 38 | 47 | 48 | 52 |
| Profit before tax | 13 | 8 | -85 | -43 | 64 | 85 | 116 |
| Tax % | 19% | -195% | -12% | -31% | 26% | 22% | |
| 11 | 23 | -75 | -30 | 48 | 66 | 70 | |
| EPS in Rs | 6.08 | 1.34 | -4.29 | -1.71 | 2.73 | 3.08 | 3.53 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 47% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 41% |
| 3 Years: | 46% |
| TTM: | 37% |
| 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 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 21 | 21 |
| Reserves | 571 | 593 | 519 | 490 | 536 | 1,172 | 1,200 |
| 441 | 552 | 608 | 646 | 610 | 93 | 132 | |
| 134 | 160 | 121 | 106 | 181 | 168 | 184 | |
| Total Liabilities | 1,163 | 1,323 | 1,265 | 1,259 | 1,345 | 1,454 | 1,537 |
| 1,065 | 1,163 | 1,146 | 1,131 | 1,182 | 1,205 | 1,136 | |
| CWIP | 31 | 28 | 27 | 29 | 32 | 41 | 62 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 15 |
| 67 | 131 | 92 | 100 | 132 | 209 | 325 | |
| Total Assets | 1,163 | 1,323 | 1,265 | 1,259 | 1,345 | 1,454 | 1,537 |
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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6 Dec - Participation in investor meetings on December 11 and 12, 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6 Dec - Participation in investor meetings on December 11 and 12, 2024.
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Clarification On Price Movement
4 Dec - Clarification on significant price movement of shares.
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Clarification sought from Apeejay Surrendra Park Hotels Ltd
3 Dec - Exchange has sought clarification from Apeejay Surrendra Park Hotels Ltd on December 3, 2024 with reference to significant movement in price, in order to ensure …
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
20 Nov - Transcript of the conference call held with Investors and Analysts on the un-audited financial results of the Company for the second quarter (Q2) and half-year …
Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT
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Mar 2024Transcript PPT
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Mar 2024TranscriptNotesPPT
Services Offered:[1]
ASPHL operates in the hospitality sector, known for its upscale hotels and diverse food and beverage (F&B) offerings. It manages hotels across owned, leased, and managed models under five upscale and upper mid-scale brands. The company also has a strong presence in F&B and entertainment, with restaurants, nightclubs, and bars, and operates the retail F&B brand 'Flurys,' offering kiosks, cafes, and restaurants.