MAHINDRA HOLIDAYS LTD·TOURISM & HOSPITALITY 44.70·Leisure Services Companies

Price

231.72

-0.13%
O:233
H:237.29
L:229.55
C:231.72

52W Range

208.22382
+11%/-39%

Market Cap

₹4,682.05 Cr

Traded: ₹1.66 Cr (0.04%) 0.0x

Free Float: ₹784.71 Cr (0.21% of FF traded)

Volume · 60D trend

71.34 K 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-1% 3M:-4% 6M:-16% 12M:-30%

Valuation

P/E67.4
P/B6.0
P/S1.6
EV/EBIT17.5

Business Strength

ROE19.4%
ROCE9.7%
OPM20.6%
NPM2.2%

Growth (3Y CAGR)

EPS-45.6%
Sales+6.0%
Profit-14.0%
3Y Return-6.0%

Balance Sheet

Debt/Equity4.9
Debt3,829 Cr
Pledge0.0%
CWIP/Fixed Asset5.6%

Cash Position

CFO/NP--
FCF295 Cr
FCF 3Y Avg901 Cr
Cash/MCap4.0%

Others

Div Yield0.0%
Div Payout0.0%
Cash Conv. Cycle150 days
Tradeable Free Float16.8%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 14.56 Cr
1.86% FF
60d high
₹ 16.23 Cr
60d low
₹ 10.49 Cr
60d mean
₹ 13.74 Cr
vs mean
▲ 5.97%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
+16.0%
+21.0%
+17.0%
--
--
Stable
Profit
-1.0%
+42.0%
-14.0%
--
-41.0%
Decelerating
Return
+4.0%
+12.0%
-6.0%
-15.0%
--
Decelerating
Sales
+6.0%
+12.0%
+6.0%
--
+8.0%
Stable

Quarterly Results

Mar 2026

27 Apr
Rev
820 Cr
+5% YoY+9% QoQ
OPM24.0%
NPM5.0%
PAT
-43% YoY41 Cr
EPS
-43% YoY2.1

Dec 2025

29 Jan
Rev
753 Cr
+11% YoY+5% QoQ
OPM19.0%
NPM0.1%
PAT
-111% YoY1 Cr
EPS
-94% YoY0.1

Sep 2025

Rev
717 Cr
+7% YoY+2% QoQ
OPM21.0%
NPM2.4%
PAT
+30% YoY17 Cr
EPS
+29% YoY0.9

Jun 2025

Rev
701 Cr
+7% YoY-10% QoQ
OPM17.0%
NPM1.0%
PAT
+34% YoY7 Cr
EPS
+34% YoY0.4

Mar 2025

Rev
779 Cr
-3% YoY+15% QoQ
OPM26.0%
NPM9.4%
PAT
-11% YoY73 Cr
EPS
-11% YoY3.6

Dec 2024

Rev
678 Cr
+7% YoY+1% QoQ
OPM21.0%
NPM5.2%
PAT
+199% YoY35 Cr
EPS
+197% YoY1.7

Sep 2024

Rev
671 Cr
+2% YoY+3% QoQ
OPM18.0%
NPM1.6%
PAT
-35% YoY11 Cr
EPS
-36% YoY0.7

Jun 2024

Rev
653 Cr
+6% YoY-18% QoQ
OPM16.0%
NPM0.9%
PAT
+3172% YoY6 Cr
EPS
+2800% YoY0.3

Mar 2024

Rev
800 Cr
+12% YoY+26% QoQ
OPM23.0%
NPM10.4%
PAT
+46% YoY83 Cr
EPS
+46% YoY4.1

Dec 2023

Rev
635 Cr
+5% YoY-3% QoQ
OPM17.0%
NPM1.7%
PAT
+198% YoY11 Cr
EPS
+198% YoY0.6

Sep 2023

Rev
655 Cr
--+7% QoQ
OPM21.0%
NPM3.2%
PAT
-48% YoY21 Cr
EPS
--1.1

Jun 2023

Rev
614 Cr
---14% QoQ
OPM14.0%
NPM0.2%
PAT
-99% YoY1 Cr
EPS
--0.0

Mar 2023

Rev
712 Cr
--+18% QoQ
OPM23.0%
NPM7.9%
PAT
+247% YoY56 Cr
EPS
--2.8

Dec 2022

Rev
602 Cr
----
OPM15.1%
NPM-2.3%
PAT
-187% YoY-14 Cr
EPS
---0.6

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity4.92
Interest Coverage--x
Promoter Pledge0.0%
Borrowings3.8K Cr

Efficiency

Receivable Days150 days
Inventory Days days
Payable Days days
Cash Conversion cycle150 days

Cash Position

Operating Cash Flow--
Investing Cash Flow--
Financing Cash Flow--
Free Cash Flow295 Cr

Detailed Financials

Mar 2026
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Mar 2024
Dec 2023
Sep 2023
Jun 2023
Mar 2023
Dec 2022
Sales820753717701779678671653800635655614712602
Expenses623609565579574533548548613530520530547511
Operating Profit1971441521222041461231051871051368416591
OPM %24.0%19.0%21.0%17.0%26.0%21.0%18.0%16.0%23.0%17.0%21.0%14.0%23.0%15.1%
Other Income2419323928323533303217382423
Interest4747483938373835224533323340
Depreciation1091041019692939289868684817972
Profit Before Tax651236261024828141096359771
Tax %36.0%88.0%52.0%73.0%29.0%26.0%59.0%57.0%24.0%-67.0%39.0%90.0%27.0%1130.1%
Net Profit4111777335116831121156-14
Exceptional Items0-11000000000000
EPS (Rs)2.10.10.90.43.61.70.70.34.10.61.10.02.8-0.6
Sales Growth (YoY)5.3%11.1%6.9%7.3%-2.6%6.8%2.4%6.3%12.4%5.5%--------
Sales Growth (QoQ)8.9%5.0%2.3%-10.0%14.9%1.0%2.8%-18.4%26.0%-3.0%6.7%-13.8%18.2%--
OP Growth (YoY)-3.4%-1.4%23.6%16.2%9.1%39.0%-9.6%25.0%13.3%15.7%--------
OP Growth (QoQ)36.8%-5.3%24.6%-40.2%39.7%18.7%17.1%-43.9%78.1%-22.8%61.9%-49.1%81.8%--
Profit Growth (YoY)-43.1%-111.4%29.6%33.6%-11.3%199.1%-35.5%3172.2%46.0%197.9%-47.8%-99.4%247.2%-187.0%
EPS Growth (YoY)-43.1%-93.6%29.4%34.5%-11.3%196.6%-35.9%2800.0%45.7%198.3%--------
EPS Growth (QoQ)1772.7%-87.5%125.6%-89.2%110.5%152.9%134.5%-92.9%603.5%-45.3%10500.0%-99.6%574.6%--
OP Margin24.0%19.1%21.2%17.4%26.2%21.5%18.3%16.1%23.4%16.5%20.8%13.7%23.2%15.1%
Net Margin5.0%0.1%2.4%1.0%9.4%5.2%1.6%0.9%10.4%1.7%3.2%0.2%7.9%-2.3%
Material Cost %----------------------------
Employee Cost %--28.9%26.2%27.8%25.8%28.8%27.5%29.3%24.0%29.5%27.0%30.3%24.7%27.5%
P/S1.571.77------------------------
P/E67.3651.74------------------------
P/B6.027.14------------------------

Shareholding Pattern

Shareholders:93.8K (+25.3%)
Current MixMar 2026

Exchange Filings

50
Company Update08 Jul 2026

Please refer the attached file.

Company Update08 Jul 2026

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Company Update30 Jun 2026

Please refer the attached file.

Company Update30 Jun 2026

Cessation of Internal Auditor

Company Update30 Jun 2026

Cessation of Internal Auditor

Board Meeting30 Jun 2026

Mahindra Holidays & Resorts India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/07/2026 ,inter alia, to consider and approve unaudited ....

Insider Trading / SAST30 Jun 2026

Please refer the attached file.

Company Update27 Jun 2026

Please refer the attached file

Company Update27 Jun 2026

Letter to the Members of the Company providing web-link and QR code, to access the Notice of the 30th Annual General Meeting and Integrated Annual Report for FY 2025-2026

AGM/EGM26 Jun 2026

Notice of the 30th Annual General Meeting and Integrated Report for the Financial Year 2025-26

Others26 Jun 2026

Notice of the 30th Annual General Meeting and Integrated Annual Report for the Financial Year 2025-26

Others26 Jun 2026

Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26

Company Update19 Jun 2026

Please refer the attached file.

Company Update16 Jun 2026

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Company Update10 Jun 2026

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Company Update10 Jun 2026

The Exchange has sought clarification from Mahindra Holidays & Resorts India Ltd on June 10, 2026, with reference to Movement in Volume. <BR><BR>The reply is awaited.

BSE
Company Update09 Jun 2026

Please refer attached file

Company Update15 May 2026

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Company Update15 May 2026

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Others05 May 2026

Outcome of Board Meeting - Change in Key Managerial Personnel (Chief Financial Officer)

Company Update05 May 2026

Intimation under Regulation 30 of SEBI Listing Regulations - Resignation of Chief Financial Officer

Company Update05 May 2026

Intimation under Regulation 30 of SEBI Listing Regulations - Change in Key Managerial Personnel (Chief Financial Officer)

Company Update30 Apr 2026

Please refer the attached file.

Company Update30 Apr 2026

Annual Secretarial Compliance Report for the financial year ended 31st March 2026

Company Update28 Apr 2026

Please refer the attached file.

Board Meeting27 Apr 2026

Outcome of Board Meeting - Audited Standalone and Consolidated Financial Results of the Company for the fourth quarter and financial year ended 31st March 2026

Company Update27 Apr 2026

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Result27 Apr 2026

Audited Standalone and Consolidated Financial Results for the Quarter and Financial Year ended 31st March 2026

Company Update27 Apr 2026

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Company Update27 Apr 2026

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Company Update27 Apr 2026

Re-submission of Outcome of Board Meeting - Corrigendum - Rupee symbol not visible, hence resubmitting the financial results.

Company Update27 Apr 2026

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Company Update27 Apr 2026

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Company Update21 Apr 2026

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Company Update21 Apr 2026

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Company Update10 Apr 2026

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Board Meeting31 Mar 2026

Mahindra Holidays & Resorts India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/04/2026 ,inter alia, to consider and approve Please refer ....

Insider Trading / SAST31 Mar 2026

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Company Update20 Mar 2026

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Insider Trading / SAST10 Mar 2026

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for 3P India Equity Fund

Company Update04 Mar 2026

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Company Update24 Feb 2026

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Company Update19 Feb 2026

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Company Update09 Feb 2026

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Company Update03 Feb 2026

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Company Update03 Feb 2026

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Company Update30 Jan 2026

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Result29 Jan 2026

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Company Update29 Jan 2026

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Company Update29 Jan 2026

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Annual Reports

14

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Credit Ratings

4
fitchRating update
11 Jul 2024Report
fitchRating update
27 Jun 2024Report
fitchRating update
21 Jun 2019Report
fitchRating update
03 Aug 2016Report

Concalls

49

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Nov 2025

30 Nov 2025

Jul 2025

31 Jul 2025

May 2025

31 May 2025

Feb 2025

28 Feb 2025

Oct 2024

31 Oct 2024

Jul 2024

31 Jul 2024

May 2024

31 May 2024

Feb 2024

29 Feb 2024

Oct 2023

31 Oct 2023

Jul 2023

31 Jul 2023

May 2023

31 May 2023

Feb 2023

28 Feb 2023

Nov 2022

30 Nov 2022

Aug 2022

31 Aug 2022

May 2022

31 May 2022

Feb 2022

28 Feb 2022

Oct 2021

31 Oct 2021

Jul 2021

31 Jul 2021

May 2021

31 May 2021

May 2021

31 May 2021

Jan 2021

31 Jan 2021

Oct 2020

31 Oct 2020

Jul 2020

31 Jul 2020

May 2020

31 May 2020

May 2020

31 May 2020

Mar 2020

31 Mar 2020

Feb 2020

29 Feb 2020

Nov 2019

30 Nov 2019

Aug 2019

31 Aug 2019

Jun 2019

30 Jun 2019

Jun 2019

30 Jun 2019

May 2019

31 May 2019

Feb 2019

28 Feb 2019

Jan 2019

31 Jan 2019

Oct 2018

31 Oct 2018

Aug 2018

31 Aug 2018

May 2018

31 May 2018

Jan 2018

31 Jan 2018

Nov 2017

30 Nov 2017

Aug 2017

31 Aug 2017

May 2017

31 May 2017

Jan 2017

31 Jan 2017

Nov 2016

30 Nov 2016

Aug 2016

31 Aug 2016

Jul 2016

31 Jul 2016

May 2016

31 May 2016

Jan 2016

31 Jan 2016

Held by Mutual Funds

1 schemes hold mhril · sorted by weight

#SchemeWeight %
1

Quant Small Cap Fund

Quant Mutual Fund

0.07%