Apeejay Surrendra Park Hotels Limited

Hotels/Resorts/Cruise lines/ NSE

Compiled

Auto-generated from filings and public channels — no analyst dossier.

If management delivers what it guided

arithmetic on filed guidance and past valuations · not a price target

PARKHOTELS

FY26 → FY30 · 4 years of guidance · ~3.7 years from today₹122 today

BEAR

₹102

-16%-5% a yr

8.7% a year · 23.8x exit

BASE

₹206

+68%+15% a yr

15% a year · 38.2x exit

BULL

₹345

+182%+33% a yr

20.4% a year · 53.3x exit

Where the market has priced it

11x40x today54x

the guided figure reached earnings through a low-confidence bridge
this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 6 Hotels/Resorts/Cruise lines peers

How these numbers are produced

Earnings base	FY26 fiscal year EPS ₹3.08 (screener)
Guided growth	15% a year, said on the call of 03-Jun-2026 · transcript
Read across as	operating: unlabelled growth figure, read as revenue — low confidence
Delivery calibration	0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings
Exit multiple	23.82x / 38.23x / 53.27x, this company’s own p20 / median / p80 across 6 filed years
Filed-industry peers	median 38.23x across 6 peers — the cross-check, not the input
Arithmetic	base EPS × (1 + guided growth × delivery)⁴ × exit multiple

Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.

How to read this

It answers one question. If this management delivers the growth it told its own investors it would, and the market pays what it has historically paid for this company's earnings, where does the arithmetic land? Nothing here is a forecast of the share price.
Three cases, two moving parts. Bear, base and bull vary the delivery — what fraction of guidance managements actually file — and the exit multiple together, because a company that misses its guidance is usually de-rated for missing it. Each case shows the growth rate and the multiple that produced it.
Read the width, not just the middle. A wide gap between bear and bull means the inputs are uncertain, not that the upside is bigger. A narrow range is a more confident statement than a high one.
“Where the market has priced it” puts today's P/E on the company's own historical range. Sitting far below that range is why a scenario can look enormous: the number is then mostly about re-rating, not about delivery, and the board marks those separately.
The bullets underneath are the caveats — a borrowed peer multiple, a thin filed history, an earnings base that carried a one-off. They are the reasons to trust the number less, listed rather than buried.

Not a price target, not a recommendation, and not a forecast of what the stock will do. The field guide covers the method.

What management said

from NSE earnings-call filings · extracted, not interpreted

generic growth 15%

So even on full year earlier, you had guided mid-teens kind of growth on top line, but somewhere we're at 12%.

Call 03-Jun-2026 · bridge confidence low · transcript PDF

Coverage

SectorHotels/Resorts/Cruise lines

Dossiersnone

Guidanceyes

Scenarioyes

Street chatter

unverified · logged from public channels

APEEJAY SURRENDRA PARK HOTELS: Signs 2 hotel projects in Ayodhya & Ujjain under Zone Connect brand.

Guidance20 Apr 13:29

APEEJAY PARK HOTELS: Launches 3 new hotel properties in Darjeeling, Gangtok & Katra.

Capacity / capex06 Apr 13:29

, Graphite India, Shyam Metaliks, Usha Martin, Jai Balaji, Maithan Alloys, MSP Steel and Power, Manaksia Coated Metals, Bata, Hotels-Apeejay Surrendra (Park Hotel), EIH Hotels, Berger Paints, Shalimar Paints , RK Forgings, Amic Forgings, Emami Realty, Ashiana Housing, Pansari Developers , Webel Solar, Vikram Solar

Mention only04 May 02:51