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Mahindra Holi.&Resor share price

Mahindra Holidays & Resorts India Ltd.

  2.35 L   1.49 K   303 NSE: MHRIL BSE: 533088 SECTOR: Hotel, Resort & Restaurants

194.85
+0.60 (0.31%)
NSE: 01 Oct 4:00 PM

Price Summary

Today's High

₹ 199.49

Today's Low

₹ 192

52 Week High

₹ 353

52 Week Low

₹ 188.21

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 3937.31 Cr.

Enterprise Value

₹ 3872.48 Cr.

No. of Shares

20.21 Cr.

P/E

0

P/B

14.76

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  13.2

CASH

₹ 64.83 Cr.

DEBT

₹ 0 Cr.

Promoter Holding

66.73 %

EPS (TTM)

₹  -0.86

Sales Growth

4.92%

ROE

2.28 %

ROCE

78.31%

Profit Growth

-97.73 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Mahindra Holidays & Resorts India Ltd.

Club Mahindra

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year4.92%
3 Year7.09%
5 Year12.31%

Profit Growth

1 Year-97.73%
3 Year-69.38%
5 Year-48.51%

ROE%

1 Year2.28%
3 Year53.7%
5 Year32.22%

ROCE %

1 Year78.31%
3 Year97.93%
5 Year58.76%

Debt/Equity

0

Price to Cash Flow

12.1

Interest Cover Ratio

2.1309

CFO/PAT (5 Yr. Avg.)

2.95910154928002

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2026 66.73 0.00
Mar 2026 66.74 0.00
Dec 2025 66.74 0.00
Sep 2025 66.74 0.00
Jun 2025 66.74 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROCE of 97.934% over the past 3 years.
  • Company is virtually debt free.
  • The Company has been maintaining an effective average operating margins of 25.5829224314606% in the last 5 years.
  • The company has an efficient Cash Conversion Cycle of -1032.9833 days.
  • Company has a healthy liquidity position with current ratio of 2.41.
  • The company has a high promoter holding of 66.73%.

 Limitations

  • The company has shown a poor profit growth of -69.3848967279076% for the Past 3 years.
  • The company has shown a poor revenue growth of 7.0937504817685% for the Past 3 years.
  • Company has high debtor days of 270.4856.
  • Company has contingent liabilities of 1510.3143 Cr.
  • The company is trading at a high PE of 0.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 368.66 344.17 379.46 376.94 379.73
Total Expenditure 249.67 240.14 265.93 264.86 281.85
Operating Profit 118.99 104.03 113.53 112.08 97.87
Other Income 41.96 36.5 35.52 30.06 43.76
Interest 13.2 21.74 14.75 15.91 17.72
Depreciation 45.04 47.79 49.39 51.02 51.02
Exceptional Items 0 0 -10.91 -233.7 0
Profit Before Tax 102.71 71 74.01 -158.49 72.89
Tax 26.48 19.34 19.07 19.77 18.58
Profit After Tax 76.23 51.65 54.93 -178.26 54.31
Adjusted EPS (Rs) 3.78 2.56 2.72 -8.84 2.69

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 960.68 1196.18 1314.03 1400.3 1469.23
Total Expenditure 721.12 917.42 1012.24 1046.5 1007.3
Operating Profit 239.57 278.76 301.79 353.8 461.93
Other Income 110.04 109.38 120.08 144.61 144.04
Interest 26.19 35 39.96 50.87 78.9
Depreciation 119.89 139.09 158.72 177.96 193.25
Exceptional Items 0 0 0 0 -244.6
Profit Before Tax 203.53 214.06 223.2 269.58 89.22
Provision for Tax 52.22 55.48 42.56 69.1 84.67
Net Profit 151.3 158.58 180.64 200.48 4.55
Adjusted EPS (Rs.) 7.57 7.9 8.96 9.94 0.23

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 199.85 200.7 201.54 201.64 201.68
Total Reserves 364.55 545.05 744.73 1007.62 1016.12
Borrowings 0 0 0 0 0
Other N/C liabilities 4568.77 4827.14 5272.82 5613.12 5903.31
Current liabilities 967.69 1025.85 1144.32 1215.7 1134.36
Total Liabilities 6100.85 6598.74 7363.4 8038.08 8255.47
Assets
Net Block 2445.25 2593.78 2692.27 2975.67 3470.4
Capital WIP 107.44 128.35 191.65 355.65 320.2
Intangible WIP 7.14 8.35 17.33 21.96 12.11
Investments 101.13 116.02 393.54 393.57 159.87
Loans & Advances 781.57 856.93 1005.34 1353.56 796.26
Other N/C Assets 815.83 853.19 898.99 776.28 762.86
Current Assets 1842.48 2042.13 2164.28 2161.4 2733.77
Total Assets 6100.85 6598.74 7363.4 8038.08 8255.47
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 203.53 214.06 223.2 269.58 89.22
Adjustment 45.67 67.75 82.92 85.64 355.41
Changes in Assets & Liabilities 48.73 129.27 162.11 85.95 -12.52
Tax Paid 58.03 1.58 50.65 4.3 -106.84
Operating Cash Flow 355.96 412.66 518.88 445.47 325.28
Investing Cash Flow -261.4 -378.96 -407.47 -332.86 -190.42
Financing Cash Flow -57.7 -73.33 -100.93 -129.36 -132.53
Net Cash Flow 36.86 -39.63 10.49 -16.75 2.33

Corporate Actions

Investors Details

PARTICULARS Jun 2025% Sep 2025% Dec 2025% Mar 2026% Jun 2026%
promoters 66.74 66.74 66.74 66.74 66.73
mahindra and mahindra lim... - - - - 66.73
mahindra & mahindra limit... 66.74 66.74 66.74 66.74 -
PARTICULARS Jun 2025% Sep 2025% Dec 2025% Mar 2026% Jun 2026%
investors 33.26 33.26 33.26 33.26 33.27
3p india equity fund 1 1.89 1.89 2.81 3.51 4.21
3p india equity fund 1m - - 1.21 1.39 1.39
government pension fund g... 2.60 2.60 2.60 2.60 2.60
hdfc mutual fund - hdfc d... 4.82 4.50 3.37 2.85 2.10
investor education and pr... - - 0.01 0.01 0.01
uti aggressive hybrid fun... 1.37 1.37 1.42 1.54 1.59
vijay kishanlal kedia 1.00 1.00 1.00 1.00 1.00
investor education and pr... - 0.01 - - -

Annual Reports

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Annual Report 2026
Annual Report 2025
Annual Report 2024
Annual Report 2023
Annual Report 2022
Annual Report 2021
Annual Report 2020
Annual Report 2019
Annual Report 2018
Annual Report 2017

Ratings & Research Reports

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Credit FITCH
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Research Ventura

Concalls & Presentations

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Concall Q4FY25
Concall Q4FY24
Concall Q4FY23
Concall Q4FY20
Concall Q3FY25
Concall Q3FY21
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Concall Q2FY26
Concall Q2FY26
Concall Q2FY25
Concall Q2FY24
Concall Q2FY21
Concall Q2FY20
Concall Q1FY26
Concall Q1FY25
Concall Q1FY24
Concall Q1FY21
Concall Q1FY20
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Presentation Q4FY26
Presentation Q4FY25
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Presentation Q4FY21
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Presentation Q3FY21
Presentation Q2FY26
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Presentation Q1FY25
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Presentation Q1FY22
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Company News

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Mahindra Holi.&Resor Stock Price Analysis and Quick Research Report. Is Mahindra Holi.&Resor an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Mahindra Holi.&Resor. 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Mahindra Holi.&Resor has a PE ratio of -226.701570680628 which is low and comparatively undervalued.

  • Return on Assets (ROA): Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Mahindra Holi.&Resor has ROA of 0.0559% which is a bad sign for future performance. (Higher values are always desirable.)

  • Current ratio: The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Mahindra Holi.&Resor has a Current ratio of 2.41.

  • Return on equity: ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Mahindra Holi.&Resor has a ROE of 2.2755%. (Higher is better)

  • Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Mahindra Holi.&Resor has a Debt to Equity ratio of 0 which means that the company has low proportion of debt in its capital.

  • Sales growth: Mahindra Holi.&Resor has reported revenue growth of 4.9228% which is poor in relation to its growth and performance. 

  • Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Mahindra Holi.&Resor for the current financial year is 31.4403991798982%.

  • Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Mahindra Holi.&Resor is Rs 0 and the yield is 0%.

  • Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Mahindra Holi.&Resor is Rs -0.8595. The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Mahindra Holi.&Resor in Ticker for free. Also, one can get the intrinsic value of Mahindra Holi.&Resor by using Valuation Calculators, which are available with a Finology ONE subscription. 

Mahindra Holi.&Resor FAQs

Q1. What is Mahindra Holi.&Resor share price today?
Ans: The current share price of Mahindra Holi.&Resor is Rs 194.85.

Q2. What is the market capitalisation of Mahindra Holi.&Resor?
Ans: Mahindra Holi.&Resor has a market capitalisation of Rs 3937.308171345 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Mahindra Holi.&Resor?
Ans: The PE ratio of Mahindra Holi.&Resor is -226.701570680628 and the P/B ratio of Mahindra Holi.&Resor is 14.7571153758766, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Mahindra Holi.&Resor share?
Ans: The 52-week high share price of Mahindra Holi.&Resor is Rs 353.7, and the 52-week low share price of Mahindra Holi.&Resor is Rs 188.21.

Q5. Does Mahindra Holi.&Resor pay dividends?
Ans: Currently, Mahindra Holi.&Resor does not pay dividends. Dividend yield of Mahindra Holi.&Resor is around 0%.

Q6. What are the face value and book value of Mahindra Holi.&Resor shares?
Ans: The face value of Mahindra Holi.&Resor shares is Rs 10, while the book value per share of Mahindra Holi.&Resor is around Rs 13.2038. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Mahindra Holi.&Resor?
Ans: Mahindra Holi.&Resor has a total debt of Rs 0 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Mahindra Holi.&Resor?
Ans: The ROE of Mahindra Holi.&Resor is 2.2755% and ROCE of Mahindra Holi.&Resor is 78.3093%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q9. Is Mahindra Holi.&Resor a good buy for the long term?
Ans: The Mahindra Holi.&Resor long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q10. Is Mahindra Holi.&Resor undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Mahindra Holi.&Resor appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check Mahindra Holi.&Resor’s financials?
Ans: You can review Mahindra Holi.&Resor’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.

Last Updated on:
Brief about Mahindra Holi.&Resor

Mahindra Holidays & Resorts India: Business Overview & Financial Analysis

Mahindra Holidays & Resorts India is an Indian leisure hospitality, vacation ownership, and resort management enterprise headquartered in Mumbai, Maharashtra. A key subsidiary of the Mahindra Group, the company operates under its flagship brand 'Club Mahindra', offering multi-decade vacation ownership memberships. Operating a leisure hospitality network across India, Europe, the Middle East, and Asia, the enterprise combines resort stays, digital booking platforms, and curated holiday experiences for retail families and corporate members.

Geographic Revenue Mix of Mahindra Holidays & Resorts (Q1 FY2027)

Mahindra Holidays & Resorts structures its operational turnover between its domestic Indian vacation ownership operations and its European leisure subsidiary, Holiday Club Resorts Oy (Finland).

  • Standalone Domestic Business Share – 54.8% of Total Income (Rs 424.00 crore)
  • European Business (Holiday Club Resorts Oy) Share – 45.2% of Total Income (Rs 349.50 crore)
  • Total Consolidated Income (Q1 FY2027) – Rs 773.50 crore (+4.5% YoY)

Standalone domestic vacation ownership serves as the core profit engine, supported by membership sales and resort occupancy dispatches. European operations through Holiday Club Resorts Oy provide exposure to spa resorts and vacation ownership across Finland and Sweden.

Key Operational Metrics & KPIs of Mahindra Holidays & Resorts (Q1 FY2027)

The enterprise tracks cumulative member bases, active room keys, Average Unit Realisation (AUR), and resort occupancy across its portfolio.

  • Cumulative Member Base – 303,153 active vacation ownership members
  • Total Active Room Keys Base – 5,865 operational keys across 111 resorts
  • Average Unit Realisation (AUR) – Rs 14.40 lakh per member (including upgrades)
  • Quarterly Sales Value Realisation – Rs 154.00 crore (+22.0% YoY)
  • Membership Upgrades Realisation – Rs 89.00 crore (+58.0% YoY)
  • Overall Resort Occupancy Rate – 86.7% operational occupancy level
  • Standalone Resort Revenue Realisation – Rs 126.00 crore (+10.0% YoY)

Managing a cumulative base of 303,153 members secures long-term annuity-like annual subscription fees. Generating an AUR of Rs 14.40 lakh per member highlights product premiumization and higher ticket-size sales.

Resort Network & Portfolio Scale of Mahindra Holidays & Resorts (Q1 FY2027)

Mahindra Holidays & Resorts manages a portfolio of owned, leased, and partner resorts across hill stations, beaches, heritage sites, and wildlife sanctuaries.

  • Total Operating Resorts Count – 111 operational resort properties globally
  • Operational Keys Inventory – 5,865 active room keys
  • Keys Under Transformation/Renovation – ~400 room keys temporarily offline for upgrades
  • Partner Resorts Network Rationalisation – Exited 15 partner resorts following quality review

Operating 111 resorts provides geographic diversity for member vacation options across India and international destinations. Temporarily taking 400 keys offline for transformation aims to elevate guest experience ratings.

Latest Quarterly Financial Performance of Mahindra Holidays & Resorts (Q1 FY2027)

Mahindra Holidays & Resorts recorded top-line revenue expansion alongside margin pressure during the first quarter of FY2027.

  • Consolidated Total Income – Rs 773.50 crore (+4.5% YoY vs Rs 740.20 crore in Q1 FY2026)
  • Standalone Total Income – Rs 424.00 crore (+3.0% YoY vs Rs 411.60 crore in Q1 FY2026)
  • Consolidated Operating EBITDA – Rs 113.00 crore (-7.8% YoY vs Rs 122.00 crore in Q1 FY2026)
  • Consolidated Operating EBITDA Margin – 15.40% (-210 bps YoY vs 17.50%)
  • Consolidated Net Profit After Tax (PAT) – Net Loss of Rs 8.70 crore (vs Net Profit of Rs 7.90 crore in Q1 FY2026)
  • Total Deferred Revenue Reserve Base – Rs 5,825.00 crore

First-quarter consolidated total income expanded 4.5% year-on-year to Rs 773.50 crore, supported by resort revenue growth. Higher transformation expenses and macroeconomic headwinds in Finland led to a consolidated net loss of Rs 8.70 crore.

Consolidated Annual Financial Performance of Mahindra Holidays & Resorts (FY2026)

The company achieved full-year turnover stability and operational cash flow generation during full financial year FY2026.

  • Full Year Consolidated Revenue from Operations – Rs 2,712.50 crore (+5.0% YoY)
  • Full Year Consolidated Operating EBITDA – Rs 485.40 crore
  • Full Year Consolidated Net Profit After Tax (PAT) – Rs 61.80 crore
  • Total Cash & Cash Equivalents Base – Rs 1,420.00 crore (as of June 30, 2026)

Full-year operating turnover reached Rs 2,712.50 crore in FY2026, as consolidated Net Profit After Tax reached Rs 61.80 crore. Holding Rs 1,420.00 crore in cash reserves provides liquidity for room inventory expansion.

Balance Sheet Structure & Financial Health Ratios of Mahindra Holidays & Resorts (Q1 FY2027)

Mahindra Holidays & Resorts operates a net-cash capital structure backed by deferred revenue reserves and low financial leverage.

  • Financial Debt Status – Net Debt-Free / Net Cash Surplus Capital Structure
  • Cash, Bank Balances & Liquid Treasury Holdings – Rs 1,420.00 crore (as of June 30, 2026)
  • Deferred Revenue Reserves Balance – Rs 5,825.00 crore
  • Long-Term Credit Rating Profile – Reaffirmed '[CRISIL] AA (Stable)' / 'CARE AA (Stable)'

Operating a net debt-free balance sheet with Rs 1,420.00 crore in treasury reserves provides capital independence. Holding Rs 5,825.00 crore in deferred revenue reflects unearned membership collections to be recognized over contract tenures.

Inventory Expansion & Strategic Roadmap of Mahindra Holidays & Resorts (FY2027–FY2030)

The enterprise executes a long-term capital allocation strategy to add room keys, upgrade resort quality, and scale its inventory footprint.

  • FY2027 Key Addition Guidance Target – ~1,000 net new room keys to be added during FY2027
  • Medium-Term Vision Target (FY2030) – Target to reach 10,000 total active room keys by FY2030
  • Per Key Transformation Capex Guidance – Rs 5.00 lakh to Rs 50.00 lakh per key depending on resort age
  • Funding Strategy – 100% funded through internal operational cash accruals and liquid cash reserves

Adding ~1,000 room keys in FY2027 aligns with the long-term target of reaching 10,000 keys by FY2030. Internal operational cash flows and treasury balances fully fund planned capex without debt leverage.

Strategic Outlook & Management Commentary of Mahindra Holidays & Resorts (Q1 FY2027 Concall)

Management guidance outlines strategic priorities centered on premiumization, inventory expansion, and customer experience.

  • Management targets accelerating top-line revenue growth in the back half of the 2030 vision horizon.
  • Premiumization strategy increased Average Unit Realisation (AUR) by 73% YoY to Rs 14.40 lakh in Q1 FY2027.
  • Operational focus remains on improving resort quality and guest satisfaction via major key transformations.
  • European subsidiary (Holiday Club Resorts Oy) turnaround will be driven by cost optimization and local demand recovery.
  • Membership acquisition will focus on targeted, market-aligned customer profiles rather than volume-led expansion.
  • Capital allocation strategy will prioritize self-funded resort additions while preserving a net debt-free balance sheet.

Management anticipates strong domestic leisure travel demand and resort additions to support full-year turnover targets. Operational focus centers on executing the 1,000 key addition pipeline, completing resort renovations, and preserving balance sheet health.

Want to filter out stocks based on your own investment criteria? You can use the Stock Screener on Finology Ticker to evaluate stocks based on customised valuation and profitability parameters.

Sources & References

  1. Mahindra Holidays & Resorts India Limited Q1 FY2027 Financial Disclosures & Board Outcomes
  2. Mahindra Holidays & Resorts India Limited Q1 FY2027 Earnings Conference Call Transcript
  3. Stock Exchange Filings & Corporate Announcements for Mahindra Holidays & Resorts India Limited
  4. Board Meeting Results & Regulatory Filings for Mahindra Holidays & Resorts India Limited
  5. Ticker Finology Mahindra Holidays & Resorts India Page

Disclaimer
The information presented above on Mahindra Holidays & Resorts has been compiled from the company's Annual Reports, Investor Presentations, Earnings Call (Concall) Transcripts, official regulatory filings and the financial data available on Finology Ticker. Certain figures, classifications or comparisons may vary due to differences in accounting policies, reporting methodologies or subsequent restatements by the company. This content is intended solely for informational purposes and should not be considered as investment advice. Investors are advised to refer to the latest company filings and the updated financial data, ratios and disclosures available on this Finology Ticker Mahindra Holidays & Resorts page before making any investment decision. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

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