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PARKHOTELS Diversified 10 Feb 2026

Apeejay Surrendra Park Hotels Limited — Q3 FY26

Apeejay Surrendra Park Hotels delivered its best-ever Q3 with consolidated revenue crossing ₹200 crore for the first time, supported by industry-leading occupancy of 90% and ARR...

bullish high
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Revenue ₹200 Cr
EBITDA ₹71 Cr
PAT
EBITDA Margin 35.3%
Duration 67 min
Read Time 1 min read

Financial stats pending filing verification

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

F&B retail slowdown impacting Flurries store additions

Management acknowledged a general slowdown in F&B retail, with competitors shutting stores, leading to calibrated store additions.

medium · management_commentary
R

Project timeline delays due to FSI re-evaluations

Multiple projects (Pune, Juu, Navi Mumbai) faced delays as management re-evaluated FSI to maximize value, pushing timelines.

medium · analyst_question
R

Capital allocation trade-off between hotel expansion and Flurries

Management cited capital allocation towards hotel acquisitions as a reason for slower Flurries store additions, raising concerns about resource prioritization.

low · analyst_question