Apeejay Surrendra Park Hotels Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: July 26, 2025, 1:50 pm

Market Cap	3,292 Cr.
Current Price	154
High / Low	208/129
Stock P/E	38.8
Book Value	60.0
Dividend Yield	0.00 %
ROCE	12.0 %
ROE	6.87 %
Face Value	1.00
PEG Ratio	0.69

Quick Insight

Apeejay Surrendra Park Hotels Ltd, trading at ₹158 with a market capitalization of ₹3,367 crore, exhibits a robust financial profile highlighted by a Price-to-Earnings (P/E) ratio of 39.6 and a Return on Equity (ROE) of 6.87%. The company’s Operating Profit Margin (OPM) stands at an impressive 35%, underlining its operational efficiency. With borrowings of just ₹158 crore against reserves of ₹1,259 crore, the Interest Coverage Ratio (ICR) of 13.69x further emphasizes its strong ability to meet debt obligations. However, the relatively high P/BV of 2.43x suggests potential overvaluation. Investors should weigh these metrics carefully, as the firm’s solid fundamentals are tempered by a premium valuation, indicating a cautious approach is warranted.

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Apeejay Surrendra Park Hotels Ltd

Competitors of Apeejay Surrendra Park Hotels Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Apeejay Surrendra Park Hotels Ltd	3,292 Cr.	154	208/129	38.8	60.0	0.00 %	12.0 %	6.87 %	1.00
Industry Average	3,292.00 Cr	154.00		38.80	60.00	0.00%	12.00%	6.87%	1.00

All Competitor Stocks of Apeejay Surrendra Park Hotels Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	135	139	125	130	152	146	130	137	172	167
Expenses	86	94	87	87	99	97	93	97	111	108
Operating Profit	49	45	38	43	54	49	37	40	61	59
OPM %	36%	32%	30%	33%	35%	33%	29%	29%	35%	35%
Other Income	2	-1	1	6	4	4	4	16	2	4
Interest	19	12	16	17	18	15	3	3	4	4
Depreciation	9	16	11	12	14	12	13	13	14	19
Profit before tax	23	16	11	21	27	26	24	39	45	40
Tax %	26%	26%	32%	32%	3%	30%	108%	29%	29%	31%
Net Profit	17	12	8	14	26	18	-2	27	32	27
EPS in Rs	0.99	0.68	0.44	0.81	1.48	0.85	-0.09	1.29	1.50	1.28

Last Updated: May 31, 2025, 6:59 am

Below is a detailed analysis of the quarterly data for Apeejay Surrendra Park Hotels Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 167.00 Cr.. The value appears to be declining and may need further review. It has decreased from 172.00 Cr. (Dec 2024) to 167.00 Cr., marking a decrease of 5.00 Cr..
For Expenses, as of Mar 2025, the value is 108.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 111.00 Cr. (Dec 2024) to 108.00 Cr., marking a decrease of 3.00 Cr..
For Operating Profit, as of Mar 2025, the value is 59.00 Cr.. The value appears to be declining and may need further review. It has decreased from 61.00 Cr. (Dec 2024) to 59.00 Cr., marking a decrease of 2.00 Cr..
For OPM %, as of Mar 2025, the value is 35.00%. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 35.00%.
For Other Income, as of Mar 2025, the value is 4.00 Cr.. The value appears strong and on an upward trend. It has increased from 2.00 Cr. (Dec 2024) to 4.00 Cr., marking an increase of 2.00 Cr..
For Interest, as of Mar 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 4.00 Cr..
For Depreciation, as of Mar 2025, the value is 19.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 14.00 Cr. (Dec 2024) to 19.00 Cr., marking an increase of 5.00 Cr..
For Profit before tax, as of Mar 2025, the value is 40.00 Cr.. The value appears to be declining and may need further review. It has decreased from 45.00 Cr. (Dec 2024) to 40.00 Cr., marking a decrease of 5.00 Cr..
For Tax %, as of Mar 2025, the value is 31.00%. The value appears to be increasing, which may not be favorable. It has increased from 29.00% (Dec 2024) to 31.00%, marking an increase of 2.00%.
For Net Profit, as of Mar 2025, the value is 27.00 Cr.. The value appears to be declining and may need further review. It has decreased from 32.00 Cr. (Dec 2024) to 27.00 Cr., marking a decrease of 5.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 1.28. The value appears to be declining and may need further review. It has decreased from 1.50 (Dec 2024) to 1.28, marking a decrease of 0.22.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 16, 2025, 2:58 pm

Metric	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	416	415	175	243	492	555	605
Expenses	334	333	159	199	332	370	409
Operating Profit	82	82	15	44	160	186	197
OPM %	20%	20%	9%	18%	32%	33%	32%
Other Income	10	11	-9	10	14	13	25
Interest	50	51	56	59	62	65	15
Depreciation	30	33	36	38	47	48	59
Profit before tax	13	8	-85	-43	64	85	148
Tax %	19%	-195%	-12%	-31%	26%	22%	43%
Net Profit	11	23	-75	-30	48	66	85
EPS in Rs	6.08	1.34	-4.29	-1.71	2.73	3.08	3.98
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	109.09%	-426.09%	60.00%	260.00%	37.50%	28.79%
Change in YoY Net Profit Growth (%)	0.00%	-535.18%	486.09%	200.00%	-222.50%	-8.71%

Apeejay Surrendra Park Hotels Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2019-2020 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	8%
3 Years:	35%
TTM:	9%

Compounded Profit Growth
10 Years:	%
5 Years:	28%
3 Years:	70%
TTM:	29%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	%
1 Year:	-19%

Return on Equity
10 Years:	%
5 Years:	3%
3 Years:	8%
Last Year:	7%

Last Updated: Unknown

Balance Sheet

Last Updated: July 25, 2025, 1:52 pm

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	17	17	17	17	17	21	21
Reserves	571	593	519	490	536	1,172	1,259
Borrowings	441	552	608	646	610	93	158
Other Liabilities	134	160	121	106	181	168	204
Total Liabilities	1,163	1,323	1,265	1,259	1,345	1,454	1,642
Fixed Assets	1,065	1,163	1,146	1,131	1,182	1,205	1,191
CWIP	31	28	27	29	32	41	54
Investments	0	0	0	0	0	0	54
Other Assets	67	131	92	100	132	209	343
Total Assets	1,163	1,323	1,265	1,259	1,345	1,454	1,642

Below is a detailed analysis of the balance sheet data for Apeejay Surrendra Park Hotels Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 21.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 21.00 Cr..
For Reserves, as of Mar 2025, the value is 1,259.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,172.00 Cr. (Mar 2024) to 1,259.00 Cr., marking an increase of 87.00 Cr..
For Borrowings, as of Mar 2025, the value is 158.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 93.00 Cr. (Mar 2024) to 158.00 Cr., marking an increase of 65.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 204.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 168.00 Cr. (Mar 2024) to 204.00 Cr., marking an increase of 36.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 1,642.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,454.00 Cr. (Mar 2024) to 1,642.00 Cr., marking an increase of 188.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 1,191.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,205.00 Cr. (Mar 2024) to 1,191.00 Cr., marking a decrease of 14.00 Cr..
For CWIP, as of Mar 2025, the value is 54.00 Cr.. The value appears strong and on an upward trend. It has increased from 41.00 Cr. (Mar 2024) to 54.00 Cr., marking an increase of 13.00 Cr..
For Investments, as of Mar 2025, the value is 54.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2024) to 54.00 Cr., marking an increase of 54.00 Cr..
For Other Assets, as of Mar 2025, the value is 343.00 Cr.. The value appears strong and on an upward trend. It has increased from 209.00 Cr. (Mar 2024) to 343.00 Cr., marking an increase of 134.00 Cr..
For Total Assets, as of Mar 2025, the value is 1,642.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,454.00 Cr. (Mar 2024) to 1,642.00 Cr., marking an increase of 188.00 Cr..

Notably, the Reserves (1,259.00 Cr.) exceed the Borrowings (158.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	102	100	26	53	172	162	152
Cash from Investing Activity +	-60	-97	-24	-19	-41	-103	-185
Cash from Financing Activity +	-47	3	-5	-34	-124	-36	6
Net Cash Flow	-4	6	-3	-0	7	23	-27

Free Cash Flow

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-359.00	-470.00	-593.00	-602.00	-450.00	93.00	39.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	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%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	68.14%	68.14%	68.14%	68.14%
FIIs	5.08%	4.66%	5.58%	4.13%
DIIs	16.42%	15.19%	14.14%	11.18%
Public	10.35%	12.00%	12.13%	16.55%
No. of Shareholders	45,763	44,097	41,951	41,246

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	3.92	3.82	2.75	-1.61	-4.34
Diluted EPS (Rs.)	3.92	3.82	2.75	-1.61	-4.34
Cash EPS (Rs.)	6.82	5.59	5.57	0.67	-2.19
Book Value[Excl.RevalReserv]/Share (Rs.)	60.26	56.13	31.80	29.10	30.70
Book Value[Incl.RevalReserv]/Share (Rs.)	60.26	56.13	31.80	29.10	30.70
Revenue From Operations / Share (Rs.)	29.63	27.13	28.98	14.60	10.24
PBDIT / Share (Rs.)	10.63	9.62	10.14	3.34	1.31
PBIT / Share (Rs.)	7.73	7.25	7.32	1.04	-0.85
PBT / Share (Rs.)	6.95	4.15	3.75	-2.39	-4.97
Net Profit / Share (Rs.)	3.92	3.22	2.75	-1.61	-4.34
NP After MI And SOA / Share (Rs.)	3.92	3.22	2.75	-1.61	-4.34
PBDIT Margin (%)	35.85	35.44	34.99	22.85	12.77
PBIT Margin (%)	26.07	26.71	25.24	7.14	-8.30
PBT Margin (%)	23.45	15.31	12.93	-16.38	-48.53
Net Profit Margin (%)	13.23	11.87	9.49	-11.05	-42.43
NP After MI And SOA Margin (%)	13.23	11.88	9.50	-11.01	-42.37
Return on Networth / Equity (%)	6.50	5.74	8.65	-5.52	-14.13
Return on Capital Employeed (%)	10.95	11.70	11.21	1.75	-1.39
Return On Assets (%)	5.00	4.66	3.53	-2.20	-5.91
Long Term Debt / Equity (X)	0.02	0.01	0.90	0.94	0.87
Total Debt / Equity (X)	0.05	0.02	1.02	1.22	1.11
Asset Turnover Ratio (%)	0.40	0.40	0.38	0.19	0.00
Current Ratio (X)	1.62	0.96	0.41	0.28	0.27
Quick Ratio (X)	0.95	0.86	0.35	0.24	0.22
Interest Coverage Ratio (X)	13.69	3.11	2.84	0.97	0.40
Interest Coverage Ratio (Post Tax) (X)	6.05	2.04	1.77	0.53	-0.06
Enterprise Value (Cr.)	3171.35	4038.78	0.00	0.00	0.00
EV / Net Operating Revenue (X)	5.02	6.98	0.00	0.00	0.00
EV / EBITDA (X)	14.01	19.68	0.00	0.00	0.00
MarketCap / Net Operating Revenue (X)	4.94	7.03	0.00	0.00	0.00
Price / BV (X)	2.43	3.40	0.00	0.00	0.00
Price / Net Operating Revenue (X)	4.94	7.03	0.00	0.00	0.00
EarningsYield	0.02	0.01	0.00	0.00	0.00

After reviewing the key financial ratios for Apeejay Surrendra Park Hotels Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 25, the value is 3.92. This value is below the healthy minimum of 5. It has increased from 3.82 (Mar 24) to 3.92, marking an increase of 0.10.
For Diluted EPS (Rs.), as of Mar 25, the value is 3.92. This value is below the healthy minimum of 5. It has increased from 3.82 (Mar 24) to 3.92, marking an increase of 0.10.
For Cash EPS (Rs.), as of Mar 25, the value is 6.82. This value is within the healthy range. It has increased from 5.59 (Mar 24) to 6.82, marking an increase of 1.23.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 60.26. It has increased from 56.13 (Mar 24) to 60.26, marking an increase of 4.13.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 60.26. It has increased from 56.13 (Mar 24) to 60.26, marking an increase of 4.13.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 29.63. It has increased from 27.13 (Mar 24) to 29.63, marking an increase of 2.50.
For PBDIT / Share (Rs.), as of Mar 25, the value is 10.63. This value is within the healthy range. It has increased from 9.62 (Mar 24) to 10.63, marking an increase of 1.01.
For PBIT / Share (Rs.), as of Mar 25, the value is 7.73. This value is within the healthy range. It has increased from 7.25 (Mar 24) to 7.73, marking an increase of 0.48.
For PBT / Share (Rs.), as of Mar 25, the value is 6.95. This value is within the healthy range. It has increased from 4.15 (Mar 24) to 6.95, marking an increase of 2.80.
For Net Profit / Share (Rs.), as of Mar 25, the value is 3.92. This value is within the healthy range. It has increased from 3.22 (Mar 24) to 3.92, marking an increase of 0.70.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 3.92. This value is within the healthy range. It has increased from 3.22 (Mar 24) to 3.92, marking an increase of 0.70.
For PBDIT Margin (%), as of Mar 25, the value is 35.85. This value is within the healthy range. It has increased from 35.44 (Mar 24) to 35.85, marking an increase of 0.41.
For PBIT Margin (%), as of Mar 25, the value is 26.07. This value exceeds the healthy maximum of 20. It has decreased from 26.71 (Mar 24) to 26.07, marking a decrease of 0.64.
For PBT Margin (%), as of Mar 25, the value is 23.45. This value is within the healthy range. It has increased from 15.31 (Mar 24) to 23.45, marking an increase of 8.14.
For Net Profit Margin (%), as of Mar 25, the value is 13.23. This value exceeds the healthy maximum of 10. It has increased from 11.87 (Mar 24) to 13.23, marking an increase of 1.36.
For NP After MI And SOA Margin (%), as of Mar 25, the value is 13.23. This value is within the healthy range. It has increased from 11.88 (Mar 24) to 13.23, marking an increase of 1.35.
For Return on Networth / Equity (%), as of Mar 25, the value is 6.50. This value is below the healthy minimum of 15. It has increased from 5.74 (Mar 24) to 6.50, marking an increase of 0.76.
For Return on Capital Employeed (%), as of Mar 25, the value is 10.95. This value is within the healthy range. It has decreased from 11.70 (Mar 24) to 10.95, marking a decrease of 0.75.
For Return On Assets (%), as of Mar 25, the value is 5.00. This value is within the healthy range. It has increased from 4.66 (Mar 24) to 5.00, marking an increase of 0.34.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.02. This value is below the healthy minimum of 0.2. It has increased from 0.01 (Mar 24) to 0.02, marking an increase of 0.01.
For Total Debt / Equity (X), as of Mar 25, the value is 0.05. This value is within the healthy range. It has increased from 0.02 (Mar 24) to 0.05, marking an increase of 0.03.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.40. There is no change compared to the previous period (Mar 24) which recorded 0.40.
For Current Ratio (X), as of Mar 25, the value is 1.62. This value is within the healthy range. It has increased from 0.96 (Mar 24) to 1.62, marking an increase of 0.66.
For Quick Ratio (X), as of Mar 25, the value is 0.95. This value is below the healthy minimum of 1. It has increased from 0.86 (Mar 24) to 0.95, marking an increase of 0.09.
For Interest Coverage Ratio (X), as of Mar 25, the value is 13.69. This value is within the healthy range. It has increased from 3.11 (Mar 24) to 13.69, marking an increase of 10.58.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 6.05. This value is within the healthy range. It has increased from 2.04 (Mar 24) to 6.05, marking an increase of 4.01.
For Enterprise Value (Cr.), as of Mar 25, the value is 3,171.35. It has decreased from 4,038.78 (Mar 24) to 3,171.35, marking a decrease of 867.43.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 5.02. This value exceeds the healthy maximum of 3. It has decreased from 6.98 (Mar 24) to 5.02, marking a decrease of 1.96.
For EV / EBITDA (X), as of Mar 25, the value is 14.01. This value is within the healthy range. It has decreased from 19.68 (Mar 24) to 14.01, marking a decrease of 5.67.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 4.94. This value exceeds the healthy maximum of 3. It has decreased from 7.03 (Mar 24) to 4.94, marking a decrease of 2.09.
For Price / BV (X), as of Mar 25, the value is 2.43. This value is within the healthy range. It has decreased from 3.40 (Mar 24) to 2.43, marking a decrease of 0.97.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 4.94. This value exceeds the healthy maximum of 3. It has decreased from 7.03 (Mar 24) to 4.94, marking a decrease of 2.09.
For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 24) to 0.02, marking an increase of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Apeejay Surrendra Park Hotels Ltd as of July 27, 2025 is: 130.51

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of July 27, 2025, Apeejay Surrendra Park Hotels Ltd is Overvalued by 15.25% compared to the current share price 154.00

Intrinsic Value of Apeejay Surrendra Park Hotels Ltd as of July 27, 2025 is: 203.73

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of July 27, 2025, Apeejay Surrendra Park Hotels Ltd is Undervalued by 32.29% compared to the current share price 154.00

Last 5 Year EPS CAGR: 56.10%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -75.33, which is a positive sign. The stock has a low average Cash Conversion Cycle of -49.33, which is a positive sign. The company has higher reserves (734.29 cr) compared to borrowings (444.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (414.43 cr) and profit (27.14 cr) over the years.	The stock has a low average ROCE of 4.83%, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Apeejay Surrendra Park Hotels Ltd:
1. Net Profit Margin: 13.23%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 10.95% (Industry Average ROCE: 12%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 6.5% (Industry Average ROE: 6.87%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 6.05
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.95
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 38.8 (Industry average Stock P/E: 38.8)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.05
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Apeejay Surrendra Park Hotels Ltd. is a Public Limited Listed company incorporated on 27/11/1987 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L85110WB1987PLC222139 and registration number is 222139. Currently Company is involved in the business activities of Short term accommodation activities. Company's Total Operating Revenue is Rs. 605.33 Cr. and Equity Capital is Rs. 21.34 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Hotels, Resorts & Restaurants	17, Park Street, Kolkata West Bengal 700016	investorrelations@asphl.in http://www.theparkhotels.com

Management
Name	Position Held
Ms. Priya Paul	Chairperson & Executive Director
Mr. Vijay Dewan	Managing Director
Mr. Karan Paul	Non Executive Director
Mr. Debanjan Mandal	Independent Director
Mr. Suresh Kumar	Independent Director
Ms. Ragini Chopra	Independent Director

FAQ

What is the intrinsic value of Apeejay Surrendra Park Hotels Ltd?

Apeejay Surrendra Park Hotels Ltd's intrinsic value (as of 26 July 2025) is 130.51 15.25% lower the current market price of 154.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 3,292 Cr. market cap, FY2025-2026 high/low of 208/129, reserves of 1,259 Cr, and liabilities of 1,642 Cr.

What is the Market Cap of Apeejay Surrendra Park Hotels Ltd?

The Market Cap of Apeejay Surrendra Park Hotels Ltd is 3,292 Cr..

What is the current Stock Price of Apeejay Surrendra Park Hotels Ltd as on 26 July 2025?

The current stock price of Apeejay Surrendra Park Hotels Ltd as on 26 July 2025 is 154.

What is the High / Low of Apeejay Surrendra Park Hotels Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Apeejay Surrendra Park Hotels Ltd stocks is ₹208/129.

What is the Stock P/E of Apeejay Surrendra Park Hotels Ltd?

The Stock P/E of Apeejay Surrendra Park Hotels Ltd is 38.8.

What is the Book Value of Apeejay Surrendra Park Hotels Ltd?

The Book Value of Apeejay Surrendra Park Hotels Ltd is 60.0.

What is the Dividend Yield of Apeejay Surrendra Park Hotels Ltd?

The Dividend Yield of Apeejay Surrendra Park Hotels Ltd is 0.00 %.

What is the ROCE of Apeejay Surrendra Park Hotels Ltd?

The ROCE of Apeejay Surrendra Park Hotels Ltd is 12.0 %.

What is the ROE of Apeejay Surrendra Park Hotels Ltd?

The ROE of Apeejay Surrendra Park Hotels Ltd is 6.87 %.

What is the Face Value of Apeejay Surrendra Park Hotels Ltd?

The Face Value of Apeejay Surrendra Park Hotels Ltd is 1.00.