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

Q: What is the current share price and 52-week range of Apeejay Surrendra Park Hotels Ltd?

Apeejay Surrendra Park Hotels Ltd is trading at 117.00 as of 04 September 2026, with a FY2026-2027 high of 164 and low of 95.1. The stock is currently in the middle of its 52-week range. Market cap stands at 2,501 Cr..

Q: Is Apeejay Surrendra Park Hotels Ltd financially healthy?

Key indicators: ROCE of 9.73 % is on the lower side. Dividend yield is 0.43 %.

Q: Is Apeejay Surrendra Park Hotels Ltd profitable and how is the profit trend?

Apeejay Surrendra Park Hotels Ltd reported a net profit of 85 Cr in Mar 2025 on revenue of 605 Cr. Compared to -30 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹99.77Overvalued by 14.73%vs CMP ₹117.00

P/E (36.5) × ROE (5.4%) × BV (₹63.00) × DY (0.43%)

₹83.56Overvalued by 28.58%vs CMP ₹117.00

MoS: -40% (Negative)Confidence: 54/100 (Moderate)Models: 1 Under, 1 Fair, 6 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹145.86	26%	Under (+24.7%)
Graham Number	Earnings	₹75.02	16%	Over (-35.9%)
Earnings Power	Earnings	₹13.49	13%	Over (-88.5%)
DCF	Cash Flow	₹85.25	13%	Over (-27.1%)
Net Asset Value	Assets	₹62.83	8%	Over (-46.3%)
EV/EBITDA	Enterprise	₹107.46	10%	Fair (-8.2%)
Earnings Yield	Earnings	₹39.70	8%	Over (-66.1%)
Revenue Multiple	Revenue	₹28.30	6%	Over (-75.8%)
Consensus (8 models)		₹83.56	100%	Overvalued

Key Drivers: EPS CAGR 46.2% lifts DCF — verify sustainability. | Wide model spread (₹13–₹146) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 46.2%

*Investments are subject to market risks

Analyst Summary

Apeejay Surrendra Park Hotels Ltd operates in the Hotels, Resorts & Restaurants segment, NSE: PARKHOTELS | BSE: 544111, current market price is ₹117.00, market cap is 2,501 Cr.. At a glance, stock P/E is 36.5, ROE is 5.40 %, ROCE is 9.73 %, book value is 63.0, dividend yield is 0.43 %. The latest intrinsic value estimate is ₹83.56, around 28.6% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹605 Cr versus the prior period change of 9.0%, while latest net profit is about ₹85 Cr with a prior-period change of 28.8%. The 52-week range shown on this page is 164/95.1, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisApeejay 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 Nu…

This summary is generated from the stock page data available for Apeejay Surrendra Park Hotels Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Apeejay Surrendra Park Hotels Ltd scores 57/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health39/100 · Weak

ROCE 9.7% AverageROE 5.4% WeakD/E 1.11 High debtInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed

Smart Money60/100 · Moderate

FII holding up 1.88% (6mo) AccumulatingDII holding down 1.62% MF sellingPromoter holding at 68.2% Stable

Earnings Quality65/100 · Strong

OPM expanding (25% → 33%) Improving

Quarterly Momentum68/100 · Strong

Revenue (4Q): +13% YoY GrowingProfit (4Q): +13% YoY Positive

Industry Rank60/100 · Moderate

P/E 36.5 vs industry 50.5 In-lineROCE 9.7% vs industry 9.2% Average3Y sales CAGR: 36% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: August 25, 2026, 9:23 am

Market Cap	2,501 Cr.
Current Price	117
Intrinsic Value	₹83.56
High / Low	164/95.1
Stock P/E	36.5
Book Value	63.0
Dividend Yield	0.43 %
ROCE	9.73 %
ROE	5.40 %
Face Value	1.00
PEG Ratio	0.79

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

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Apeejay Surrendra Park Hotels Ltd	2,501 Cr.	117	164/95.1	36.5	63.0	0.43 %	9.73 %	5.40 %	1.00
Asian Hotels (North) Ltd	1,284 Cr.	301	409/248	95.6	216	0.00 %	3.52 %	0.57 %	10.0
Viceroy Hotels Ltd	899 Cr.	117	147/104	39.5	21.3	0.00 %	7.12 %	7.17 %	10.0
Kamat Hotels (India) Ltd	666 Cr.	226	369/140	15.9	107	0.00 %	15.8 %	11.6 %	10.0
Mahindra Holidays & Resorts India Ltd	4,466 Cr.	221	380/208	95.5	38.5	0.00 %	8.12 %	9.90 %	10.0
Industry Average	1,713.33 Cr	172.03		50.45	83.58	0.67%	9.20%	7.15%	7.17

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	Jun 2025	Sep 2025	Dec 2025
Sales	135	139	125	130	152	146	130	137	172	167	148	159	188
Expenses	86	94	87	87	99	97	92	97	110	107	103	112	120
Operating Profit	49	45	38	43	54	49	38	40	62	60	45	47	67
OPM %	36%	32%	30%	33%	35%	33%	29%	29%	36%	36%	30%	30%	36%
Other Income	2	-1	1	6	4	4	4	16	2	4	3	1	1
Interest	19	12	16	17	18	15	4	3	6	5	6	6	8
Depreciation	9	16	11	12	14	12	13	13	14	19	17	16	18
Profit before tax	23	16	11	21	27	26	24	39	45	40	26	27	42
Tax %	26%	26%	32%	32%	3%	30%	108%	29%	29%	31%	34%	42%	42%
Net Profit	17	12	8	14	26	18	-2	27	32	27	17	16	25
EPS in Rs	0.99	0.68	0.44	0.81	1.48	0.85	-0.09	1.29	1.50	1.28	0.80	0.73	1.16

Last Updated: March 3, 2026, 12:23 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 8:46 pm

Metric	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	416	415	175	243	492	555	605	662
Expenses	334	333	159	199	332	370	409	443
Operating Profit	82	82	15	44	160	186	197	219
OPM %	20%	20%	9%	18%	32%	33%	32%	33%
Other Income	10	11	-9	10	14	13	25	9
Interest	50	51	56	59	62	65	15	24
Depreciation	30	33	36	38	47	48	59	69
Profit before tax	13	8	-85	-43	64	85	148	135
Tax %	19%	-195%	-12%	-31%	26%	22%	43%
Net Profit	11	23	-75	-30	48	66	85	85
EPS in Rs	6.08	1.34	-4.29	-1.71	2.73	3.08	3.98	3.97
Dividend Payout %	0%	0%	0%	0%	0%	0%	13%

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

Last Updated: September 5, 2025, 2:21 pm

Balance Sheet

Last Updated: July 31, 2026, 6:30 am

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	17	17	17	17	17	21	21	21
Reserves	571	593	519	490	536	1,172	1,259	1,322
Borrowings	441	552	608	646	610	93	158	263
Other Liabilities	134	160	121	106	181	168	204	280
Total Liabilities	1,163	1,323	1,265	1,259	1,345	1,454	1,642	1,886
Fixed Assets	1,065	1,163	1,146	1,131	1,182	1,205	1,191	1,222
CWIP	31	28	27	29	32	41	54	79
Investments	0	0	0	0	0	0	54	283
Other Assets	67	131	92	100	132	209	343	302
Total Assets	1,163	1,323	1,265	1,259	1,345	1,454	1,642	1,886

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	102	100	26	53	172	162	152	168
Cash from Investing Activity +	-60	-97	-24	-19	-41	-103	-185	-203
Cash from Financing Activity +	-47	3	-5	-34	-124	-36	6	24
Net Cash Flow	-4	6	-3	-0	7	23	-27	-11
Free Cash Flow	66	37	-14	30	134	61	56	77
CFO/OP	128%	118%	169%	126%	105%	95%	92%	94%

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	Mar 2025
Debtor Days	23	18	37	26	18	21	21
Inventory Days	73			103
Days Payable	217			398
Cash Conversion Cycle	-121	18	37	-269	18	21	21
Working Capital Days	-122	-116	-308	-260	-105	-41	21
ROCE %		6%	-1%	1%	11%	12%	12%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	68.14%	68.14%	68.14%	68.14%	68.14%	68.14%	68.14%	68.14%	68.21%	68.21%
FIIs	5.08%	4.66%	5.58%	4.13%	3.97%	4.79%	2.19%	3.29%	4.00%	4.07%
DIIs	16.42%	15.19%	14.14%	11.18%	11.55%	9.83%	10.43%	9.51%	8.53%	8.81%
Public	10.35%	12.00%	12.13%	16.55%	16.33%	17.25%	19.26%	19.05%	19.25%	18.91%
No. of Shareholders	45,763	44,097	41,951	41,246	43,676	46,386	51,752	53,059	51,406	50,557

Shareholding Pattern Chart

No. of Shareholders

Apeejay Surrendra Park Hotels Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Quant Small Cap Fund	10,610,336	0.43	129.16	N/A	N/A	N/A
Bandhan Small Cap Fund	4,172,284	0.2	50.79	3,833,284	2026-06-11 14:16:05	8.84%

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.)	6.81	5.59	5.57	0.67	-2.19
Book Value[Excl.RevalReserv]/Share (Rs.)	60.17	56.13	31.80	29.10	30.70
Book Value[Incl.RevalReserv]/Share (Rs.)	60.17	56.13	31.80	29.10	30.70
Revenue From Operations / Share (Rs.)	29.59	27.13	28.98	14.60	10.24
PBDIT / Share (Rs.)	10.61	9.62	10.14	3.34	1.31
PBIT / Share (Rs.)	7.72	7.25	7.32	1.04	-0.85
PBT / Share (Rs.)	6.94	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
Inventory Turnover Ratio (X)	9.94	0.00	0.00	0.00	0.00
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.)	3175.72	4038.78	0.00	0.00	0.00
EV / Net Operating Revenue (X)	5.03	6.98	0.00	0.00	0.00
EV / EBITDA (X)	14.03	19.68	0.00	0.00	0.00
MarketCap / Net Operating Revenue (X)	4.95	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)	4.95	7.03	0.00	0.00	0.00
EarningsYield	0.02	0.01	0.00	0.00	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

[display_about_company_data title=”About the Company – Qualitative Analysis”]

FAQ

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

As of 04 September 2026, Apeejay Surrendra Park Hotels Ltd's intrinsic value is ₹83.56, which is 28.58% lower than the current market price of ₹117.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (5.40 %), book value (₹63.0), dividend yield (0.43 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Apeejay Surrendra Park Hotels Ltd?

Apeejay Surrendra Park Hotels Ltd is trading at ₹117.00 as of 04 September 2026, with a FY2026-2027 high of ₹164 and low of ₹95.1. The stock is currently in the middle of its 52-week range. Market cap stands at ₹2,501 Cr..

How does Apeejay Surrendra Park Hotels Ltd's P/E ratio compare to its industry?

Apeejay Surrendra Park Hotels Ltd has a P/E ratio of 36.5, which is below the industry average of 50.45. This is broadly in line with or below the industry average.

Is Apeejay Surrendra Park Hotels Ltd financially healthy?

Key indicators for Apeejay Surrendra Park Hotels Ltd: ROCE of 9.73 % is on the lower side compared to the industry average of 9.20%; ROE of 5.40 % is below ideal levels (industry average: 7.15%). Dividend yield is 0.43 %.

Is Apeejay Surrendra Park Hotels Ltd profitable and how is the profit trend?

Apeejay Surrendra Park Hotels Ltd reported a net profit of ₹85 Cr in Mar 2025 on revenue of ₹605 Cr. Compared to ₹-30 Cr in Mar 2022, the net profit shows an improving trend.

Does Apeejay Surrendra Park Hotels Ltd pay dividends?

Apeejay Surrendra Park Hotels Ltd has a dividend yield of 0.43 % at the current price of ₹117.00. The company pays dividends, though the yield is modest.