Apeejay Surrendra Park Hotels share price today

Apeejay Surrendra Park Hotels Ltd's share price was ₹102.66 at the close on 4 November 2026. It has been falling for 87 weeks. That is 13.9% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 14 weeks running.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Apeejay Surrendra Park Hotels Ltd is in stage 4. The phase helps read everything below.

In the last 52 weeks it traded between ₹96 and ₹148, and at that close it sat 13% of the way up from that low.

Over the last 2.7 years the share price moved −47% while the NIFTY 500 moved +9%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 31 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), lowest operating margin in 15 quarters and foreign funds (FIIs) raised their stake for 4 quarters in a row.

1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹167 crore, +8.4% on a year earlier.

   Why: Revenue rose because its upscale hotels stayed fuller than rivals and earned more per available room.

   Next results: check Q2 revenue growth and whether the current-year growth pace holds.

   From the earnings call on 28 Sep 2026.

2. Lowest operating margin in 15 quarters

   Operating margin was 28% in the June 2026 quarter, against 29% a year earlier.

   Why: The operating margin fell because oil and gas cost more and supply-chain problems made running hotels harder.

   Next results: check whether the second-half operating margin recovers as management expects.

   From the earnings call on 28 Sep 2026.

3. Foreign funds (FIIs) raised their stake for 4 quarters in a row

   From 2.2% to 4.1% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), Apeejay Surrendra Park Hotels reported revenue of ₹167 crore, up 8.4% from ₹154 crore a year earlier, and a profit of ₹11.0 crore, down 15.4% from ₹13.0 crore.

Apeejay Surrendra Park Hotels results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Apeejay Surrendra Park Hotels' management discussed these results on a call held on 28 September 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Apeejay Surrendra Park Hotels closed at ₹102.66 on 4 November 2026, down 30.6% from ₹148.02 a year earlier (7 November 2025). Its highest weekly close since February 2024 was ₹222.60 on 23 February 2024.

Apeejay Surrendra Park Hotels share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

146 weekly closes from 16 February 2024 to 4 November 2026.

4 Nov 2026: Apeejay Surrendra Park Hotels closed at ₹102.66, up 3.5% on the week and down 0.9% on the month. 28 Sep 2026: Apeejay Surrendra Park Hotels held its results call for April to June 2026. Management guided: FY27 operating top-line growth in the high single digits, with H2 operating margin 100-150 basis points above H1.

Earlier

• 18 Sep 2026: ex-date for a dividend of ₹0.75 a share, record date 19 Sep 2026.
• Results for April to June 2026: Revenue up 8.4% and profit down 15.4% on a year earlier.

Apeejay Surrendra Park Hotels paid ₹0.75 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.73% at the ₹102.66 close on 4 November 2026. The last was a dividend of ₹0.75 a share, ex-date 18 September 2026.

Apeejay Surrendra Park Hotels dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Apeejay Surrendra Park Hotels Ltd paid out 24% of its profit as dividends in FY26, and it paid a dividend in 2 of its last 8 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 28 September 2026, Apeejay Surrendra Park Hotels' management guided: FY27 operating top-line growth in the high single digits, with H2 operating margin 100-150 basis points above H1.

“If an acquisition opportunity arises, we will use it immediately.”Atul Khosla, on the call for April to June 2026

What management guided

• FY27 adds 12 hotels and 472 keys, taking the portfolio to 3,149 keys; FY30 portfolio goal is 87 hotels.
• Flurys to reach 140 outlets by year-end and 350-400 outlets over 3-4 years.
• F&B to remain 43-45% of revenue; Flurys to be reported as a separate segment within 1 year and exceed ₹300 crore turnover at scale.
• EM Bypass apartment cash inflow ₹70-80 crore during FY27 and ₹300-350 crore total company share; Phase 2 launch by Diwali/end-Q3 and completion by FY30.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 28 September 2026.

When Apeejay Surrendra Park Hotels reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Q2 revenue growth and operating margin - test the current-year growth trajectory and H2 margin-recovery setup.

Apeejay Surrendra Park Hotels is on one of our India lists: Hotel stocks.

Apeejay Surrendra Park Hotels Ltd earned ₹11.0 Cr of net profit in the Jun 2026 quarter, −15.4% on the same quarter a year earlier. Full-year FY26 profit was ₹66.0 Cr. That is 6.6% of the quarter's revenue. The same quarter a year earlier earned ₹13.0 Cr. 1 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹66.0 Cr (−21.4% on the year before).

Why profit moved: revenue changed +8.4% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −34.2% and revenue +10.8%. Profit is growing slower than sales: rising costs are taking part of the growth.

Apeejay Surrendra Park Hotels Ltd reported ₹167 Cr of revenue in the Jun 2026 quarter, +8.4% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 8 years it has grown 8.0% a year on average. The last full year, FY26, came in at ₹707 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹718 Cr.

FY26 revenue was ₹707 Cr, +12.0% on the year before.

Recent pace: the last four quarters grew +10.8% on average, against 8.0% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +10.5%, against +11.2% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −36.4%, against +4.2% a year (rolling over).

Apeejay Surrendra Park Hotels Ltd's operating margin was 28.0% in the Jun 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Across 8 years it has been between 7.0% and 33.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −1.3 percentage points on the year while gross margin changed +0.4 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 232% of Apeejay Surrendra Park Hotels Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹182 Cr of operating cash against ₹66.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹397 Cr of spending on assets, free cash was −₹215 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 232% of profit came in as cash: the cash cycle got 19 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 3.3× depreciation over three years. The next section checks what that spending is building.

Apeejay Surrendra Park Hotels Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 21 days in FY26, down from 40 days in FY21. It spent ₹612 Cr on assets over the last 3 years. Customers take 21 days to pay, and stock sits for 459 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹707 Cr, each day of that cycle ties up about ₹1.9 Cr, so roughly ₹41.0 Cr is tied up in the business at any time.

FY26: customers took 21 days to pay and stock sat for 459 days, about 15.1 months of sales sitting as stock, for a full cycle of 21 days, shorter than FY21's 40.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 459 days. Customers pay about 21 days after that. Suppliers are paid at 220 days. Together that makes the 21-day cycle.

Spending on assets: ₹612 Cr over the last 3 years, against ₹187 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹80.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Apeejay Surrendra Park Hotels Ltd's P/E is 34.0×, near the low end of its own history: it has been lower only 30% of the time. Its usual P/E (the middle reading) is 40.3×, over 2.7 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved −21.4% while the price moved −30.6%. Earnings did better than the price, which pulled the multiple down within its own range.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Apeejay Surrendra Park Hotels Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −36.4% in the latest quarter, against +70.7% at its best in 12 quarters, with ROCE steady at 9.0%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Apeejay Surrendra Park Hotels Ltd earned a ROCE of 9% in FY26. That is up from a low of 2% in FY22. Its return on capital used (ROIC) is 7.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 9.3% net margin and 0.34× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 9.3% net margin × 0.34× asset turnover × 1.53× leverage (assets divided by equity) ≈ 4.8% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 4.9% − 12.0% = −7.1 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

Apeejay Surrendra Park Hotels Ltd has total debt of ₹373 Cr against shareholder equity of ₹1,342 Cr as of Jun 2026, so its debt is 0.28× its equity, which is very little. Year by year, that ratio went from 1.11 in FY23 to 0.28 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Domestic institutions cut their stake in Apeejay Surrendra Park Hotels Ltd by 5.3 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 8.8% of the company. Foreign institutions moved −1.5 points over the same period, to 4.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: −5.3 points over 8 quarters, to 8.8%; Foreign institutions: −1.5 points over 8 quarters, to 4.1%; Promoters: +0.1 points over 8 quarters, to 68.2%.

Why the owners changed: domestic institutions drove it (−5.3 points), together with foreign institutions (−1.5 points). They reduced their stake.

For Apeejay Surrendra Park Hotels Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

34.8 out of 100, rank 22 of 24 in Hotels, with 81% of the evidence available.

Apeejay Surrendra Park Hotels Ltd scores 34.8 out of 100 against the 24 companies it is compared with in Hotels, ranking 22. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 11.3 + 9.6 + 6.1 + 7.8 = 34.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Apeejay Surrendra Park Hotels ranks 22 of 24 Hotels companies on the 4-Factor Sector Score, with 34.8 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Hotels, all 24 compared on one page.

Apeejay Surrendra Park Hotels is the 12th largest of 24 Hotels companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Juniper Hotels, Samhi Hotels and Oriental Hotels. Just below it: TajGVK Hotels & Resorts, EIH Associated Hotels and Asian Hotels (North).

Hotels companies close in size

9. Juniper Hotels Ltd ₹4,364 crore
10. Samhi Hotels Ltd ₹3,363 crore
11. Oriental Hotels Ltd ₹2,873 crore
12. Apeejay Surrendra Park Hotels Ltd ₹2,117 crore
13. TajGVK Hotels & Resorts Ltd ₹1,897 crore
14. EIH Associated Hotels Ltd ₹1,693 crore
15. Asian Hotels (North) Ltd ₹1,326 crore

All 24 Hotels companies, largest first

Companies close in size in other industries

1211. Venkys (India) Ltd ₹2,119 crore · FMCG - Animal/Polutry
1212. Cantabil Retail India Ltd ₹2,118 crore · Textiles - Readymade Apparel
1213. Apeejay Surrendra Park Hotels Ltd ₹2,117 crore
1214. OBSC Perfection Ltd ₹2,115 crore · Auto Ancillaries - Diversified
1215. JNK India Ltd ₹2,106 crore · Capital Goods - Engineering Heavy

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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