| Quarterly Financials | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
Revenue  | 498 | 533 | 608 | 657 | 626 | 574 | 600 | 631 | 325 | 511 | 515 | 496 | 418 | 593 | 585 | 583 | 637 | 627 | 625 | 735 | 652 | 672 | 666 | 830 | 686 | 706 | 711 | 807 | 740 |
| Expenses | 485 | 490 | 539 | 559 | 534 | 456 | 500 | 513 | 275 | 388 | 414 | 421 | 343 | 428 | 472 | 455 | 505 | 482 | 511 | 547 | 530 | 520 | 530 | 613 | 548 | 548 | 533 | 575 | 580 |
| EBITDA | 13 | 43 | 69 | 98 | 92 | 118 | 100 | 119 | 50 | 123 | 101 | 75 | 75 | 165 | 112 | 128 | 132 | 145 | 114 | 189 | 122 | 153 | 137 | 218 | 138 | 158 | 178 | 233 | 161 |
| Operating Profit % | 1 % | 5 % | 10 % | 12 % | 13 % | 18 % | 15 % | 17 % | 6 % | 19 % | 15 % | 10 % | 8 % | 22 % | 15 % | 16 % | 16 % | 19 % | 15 % | 23 % | 14 % | 21 % | 17 % | 23 % | 16 % | 18 % | 21 % | 26 % | 17 % |
| Depreciation | 25 | 26 | 25 | 25 | 60 | 60 | 64 | 63 | 64 | 66 | 66 | 68 | 67 | 67 | 68 | 70 | 69 | 70 | 72 | 79 | 81 | 84 | 86 | 86 | 89 | 93 | 93 | 92 | 96 |
| Interest | 6 | 8 | 5 | 4 | 22 | 21 | 21 | 15 | 21 | 16 | 28 | 18 | 28 | 21 | 24 | 27 | 23 | 23 | 40 | 33 | 32 | 33 | 45 | 22 | 35 | 38 | 37 | 38 | 39 |
| Profit Before Tax | -19 | 8 | 39 | 69 | 10 | 36 | 14 | 41 | -35 | 41 | 7 | -11 | -19 | 78 | 20 | 32 | 40 | 53 | 1 | 77 | 9 | 35 | 6 | 109 | 14 | 28 | 48 | 102 | 26 |
| Tax | -0 | 12 | 10 | 17 | 9 | 12 | 12 | 203 | -2 | 12 | 8 | -1 | 2 | 18 | 7 | 16 | 10 | 11 | 15 | 21 | 8 | 14 | -4 | 26 | 8 | 17 | 13 | 30 | 19 |
| Net Profit | -18 | -3 | 29 | 52 | 1 | 24 | 2 | -162 | -32 | 29 | -1 | -10 | -21 | 60 | 13 | 16 | 30 | 41 | -14 | 56 | 1 | 21 | 11 | 83 | 6 | 12 | 35 | 73 | 7 |
| EPS in ₹ | -1.12 | -0.12 | 2.32 | 3.47 | 0.28 | 1.80 | 0.37 | -12.38 | -2.08 | 1.23 | 0.01 | -0.52 | -1.07 | 2.95 | 0.69 | 0.81 | 1.49 | 2.04 | -0.59 | 2.82 | 0.01 | 1.06 | 0.58 | 4.09 | 0.29 | 0.68 | 1.73 | 3.63 | 0.39 |
Mahindra Holidays
Mahindra Holidays
356.05
-4.45
(-1.23%)
Market Cap
7,282.70 Cr
EPS
6.33
PE Ratio
55.70
Dividend Yield
0.00 %
Industry
Leisure Services52 Week High
425.95
52 Week Low
259.00
PB Ratio
-26.12
Debt to Equity
0.00
Sector
Hotels & Resorts
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from1 analysts
Company News
View All News
Mahindra Holidays & Resorts India Limited appointed Vineet Bhardwaj as Chief Technology Officer and Senior Management Personnel, effective September 1, 2025. The appointment was approved by the Board of Directors based on the Nomination and Remuneration Committee's recommendation. Bhardwaj brings over 24 years of experience in digital and information technology leadership, with expertise in IT governance, cybersecurity, and digital transformation. He is a qualified Chartered Accountant and Company Secretary, having previously held leadership positions at Gas Authority of India, Marico Ltd., RGMS, Aegis Ltd., and most recently served as Chief Digital & Information Officer at Godrej Properties Limited. He is not related to any Director of the Company.
Mahindra Holidays & Resorts India Limited reported strong quarterly results with standalone profits up 69% and PAT margin expanding by 680 basis points. Consolidated PAT grew 18% to INR 7.2 crores despite a forex impact of INR 28 crores due to Euro-INR movement. The company maintained resort occupancy at 85%-plus levels and added 1,524 new members with an average unit realization of INR 8.3 lakhs, up 69% year-on-year. Resort revenue grew in double digits to INR 114 crores. The company remains committed to its target of adding 1,000 rooms by March 2026, with current inventory at 5,800 keys. Member additions through digital channels and referrals now account for 65% of total additions. The Holiday Club Resort Operations (HCRO) business showed improved performance but continues to face challenges from geopolitical tensions and Finnish economic conditions. Management indicated they are developing a new business model focused on capital efficiency and enhanced member experience.
Mahindra Holidays Receives GST Demand Notice Worth ₹33.29 Crore from Tamil Nadu Tax Authority
Jul 26, 2025
Jul 26, 2025Mahindra Holidays & Resorts India Limited received a Show Cause Notice from the State Tax Officer in Chennai, Tamil Nadu, demanding ₹33,28,74,524 including interest and penalties under TNGST Act, 2017 and CGST Act, 2017 for FY 2021-22. The demand relates to adjustments in turnover, supply difference, trade payable, disposal of assets, and addition of assets. The company stated it does not expect the notice to have any material financial impact based on its assessment and legal counsel's advice. The company is pursuing appropriate legal remedies before the relevant authority.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
778.65 | #1 1,10,835.60 | 65.05 | #1 8,565.00 | 23.21 | #1 1,961 | 26.56 | 63.43 | |
245.09 | 50,714.00 | 74.95 | 3,626.10 | #1 62.11 | 638 | 53.33 | 53.33 | |
401.05 | 25,080.20 | #1 31.57 | 2,879.50 | 9.65 | 770 | -61.88 | 52.65 | |
1,064.60 | 22,952.40 | 81.72 | 1,754.10 | 22.07 | 143 | 234.60 | 66.40 | |
773.35 | 17,860.10 | 145.83 | 1,672.50 | 11.97 | 165 | 43.56 | 56.72 | |
176.19 | 13,982.40 | 64.80 | 1,299.00 | 22.62 | 243 | 139.30 | 65.80 | |
356.05 | #7 7,282.70 | #3 55.70 | #3 2,909.80 | #10 3.20 | #7 126 | #7 18.03 | 56.14 | |
296.65 | 6,717.30 | 85.65 | 975.70 | 15.20 | 71 | -23.08 | 59.92 | |
636.10 | 5,390.20 | 68.26 | 591.40 | 12.11 | 81 | -16.95 | 61.76 | |
212.25 | 4,755.50 | 38.97 | 1,149.70 | 17.47 | 86 | #1 357.14 | 49.25 |
Automatic Screeners on ScanX
Forecast
Actual
Growth Rate
Revenue Growth
3.20 %
Net Income Growth
8.44 %
Cash Flow Change
-0.46 %
ROE
-26.61 %
ROCE
-1.51 %
EBITDA Margin (Avg.)
9.01 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 2,830 | 3,629 | 3,961 | 4,505 | 7,283 | 8,886 | 8,522 | 8,846 | 9,317 | 9,846 | 10,614 |
| Fixed Assets | 1,032 | 1,339 | 1,273 | 1,459 | 2,439 | 3,862 | 3,971 | 4,186 | 4,418 | 4,589 | 5,003 |
| Current Assets | 949 | 1,549 | 1,787 | 2,201 | 2,459 | 2,735 | 2,624 | 2,447 | 2,818 | 3,014 | 3,026 |
| Capital Work in Progress | 95 | 75 | 171 | 112 | 227 | 250 | 124 | 122 | 182 | 244 | 407 |
| Investments | 10 | 61 | 104 | 453 | 324 | 406 | 77 | 306 | 574 | 675 | 753 |
| Other Assets | 1,694 | 2,154 | 2,413 | 2,481 | 4,293 | 4,368 | 4,350 | 4,232 | 4,144 | 4,339 | 4,451 |
| Total Liabilities | 2,830 | 3,629 | 3,961 | 4,505 | 7,283 | 8,886 | 8,522 | 8,846 | 9,317 | 9,846 | 10,614 |
| Current Liabilities | 406 | 720 | 714 | 954 | 1,318 | 1,770 | 1,506 | 1,658 | 1,592 | 2,503 | 1,904 |
| Non Current Liabilities | 1,698 | 2,372 | 2,621 | 2,813 | 5,654 | 7,060 | 6,924 | 6,928 | 7,327 | 6,811 | 7,922 |
| Total Equity | 726 | 537 | 626 | 739 | 311 | 56 | 91 | 260 | 399 | 533 | 789 |
| Reserve & Surplus | 637 | 418 | 509 | 579 | 149 | -87 | -48 | 50 | 188 | 323 | 579 |
| Share Capital | 88 | 88 | 88 | 133 | 133 | 133 | 133 | 200 | 201 | 202 | 202 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -30 | 137 | 88 | -140 | 4 | 26 | -6 | 23 | 14 | -14 | -66 |
| Investing Activities | -309 | -379 | -182 | -547 | -239 | -281 | -235 | -257 | -209 | -448 | -402 |
| Operating Activities | 201 | 242 | 276 | 551 | 263 | 561 | 382 | 498 | 681 | 624 | 622 |
| Financing Activities | 78 | 274 | -6 | -144 | -21 | -254 | -154 | -217 | -459 | -190 | -285 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 67.31 % | 67.29 % | 67.27 % | 67.22 % | 67.22 % | 67.20 % | 67.08 % | 67.03 % | 67.00 % | 66.95 % | 66.81 % | 66.77 % | 66.77 % | 66.76 % | 66.76 % | 66.75 % | 66.74 % | 66.74 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 5.25 % | 5.33 % | 5.31 % | 5.37 % | 5.36 % | 5.42 % |
| DIIs | 12.28 % | 11.34 % | 10.57 % | 9.90 % | 9.14 % | 9.11 % | 7.94 % | 8.16 % | 8.14 % | 7.90 % | 9.17 % | 9.29 % | 10.70 % | 10.45 % | 10.24 % | 10.19 % | 10.07 % | 10.18 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 12.12 % | 13.10 % | 12.77 % | 13.25 % | 13.79 % | 14.10 % | 14.24 % | 14.61 % | 14.62 % | 14.50 % | 13.46 % | 13.65 % | 13.51 % | 13.59 % | 13.83 % | 13.96 % | 14.28 % | 14.09 % |
| Others | 8.29 % | 8.27 % | 9.39 % | 9.63 % | 9.85 % | 9.58 % | 10.74 % | 10.20 % | 10.24 % | 10.65 % | 10.56 % | 10.29 % | 3.76 % | 3.86 % | 3.86 % | 3.72 % | 3.54 % | 3.56 % |
| No of Share Holders | 36,686 | 50,174 | 52,044 | 62,118 | 65,300 | 68,998 | 74,773 | 75,450 | 74,853 | 77,091 | 70,620 | 75,934 | 76,636 | 79,175 | 82,831 | 84,080 | 84,856 | 88,115 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 5 | 5 | 4 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Yield (%) | 2.6 | 2.56 | 2.51 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 09 Sept 2021 |  Bonus | 1:2 | 08 Sept 2021 | 205.70 | 236.95 |
| 25 Jul 2024 |  Annual General Meeting | NA | 25 Jul 2024 | 426.55 | 466.90 |
| 25 Oct 2024 |  Quarterly Result Announcement | NA | 25 Oct 2024 | 388.95 | 366.50 |
| 31 Jan 2025 | Quarterly Result Announcement | NA | 31 Jan 2025 | 353.10 | 322.75 |
| 25 Apr 2025 | Quarterly Result Announcement | NA | 25 Apr 2025 | 292.75 | 317.65 |
| 23 Jul 2025 | Quarterly Result Announcement | NA | 23 Jul 2025 | 339.40 | 360.35 |
| 23 Jul 2025 | Annual General Meeting | NA | 23 Jul 2025 | 317.65 | 360.35 |
Announcements
Announcement under Regulation 30 (LODR)-Change in Management6 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Change in ManagementAug 28, 2025
Aug 28, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 21, 2025
Aug 21, 2025Saksham Niveshak - 100 Days Campaign From 28Th July 2025 To 6Th November 2025 - Request The Shareholder To Update KYC Details And Claim The Unclaimed DividendAug 21, 2025
Aug 21, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 12, 2025
Aug 12, 2025Intimation Regarding Special Window For Re-Lodgement Of Transfer Requests Of Physical SharesAug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 06, 2025
Aug 06, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJul 31, 2025
Jul 31, 2025Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 - Details Of Material LitigationJul 26, 2025
Jul 26, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJul 24, 2025
Jul 24, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 24, 2025
Jul 24, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJul 23, 2025
Jul 23, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJul 23, 2025
Jul 23, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportJul 23, 2025
Jul 23, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMJul 23, 2025
Jul 23, 2025Announcement under Regulation 30 (LODR)-Investor PresentationJul 23, 2025
Jul 23, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 23, 2025
Jul 23, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJul 23, 2025
Jul 23, 2025Intimation Under Regulation 33 Read With Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations) - Outcome Of Board MeetingJul 23, 2025
Jul 23, 2025Board Meeting Outcome for Intimation Under Regulation 33 Read With Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations) - Outcome Of Board MeetingJul 23, 2025
Jul 23, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 11, 2025
Jul 11, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 07, 2025
Jul 07, 2025Announcement under Regulation 30 (LODR)-AcquisitionJul 03, 2025
Jul 03, 2025Intimation Under Regulation 47 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations)Jul 01, 2025
Jul 01, 2025Letter To Members - Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015Jun 30, 2025
Jun 30, 2025Business Responsibility and Sustainability Reporting (BRSR)Jun 30, 2025
Jun 30, 2025Reg. 34 (1) Annual Report.Jun 30, 2025
Jun 30, 2025Notice Of The 29Th Annual General Meeting And Integrated Annual Report Of The Company For The Financial Year 2024-25Jun 30, 2025
Jun 30, 2025Closure of Trading WindowJun 30, 2025
Jun 30, 2025Board Meeting Intimation for Intimation Of Board MeetingJun 30, 2025
Jun 30, 2025Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015Jun 29, 2025
Jun 29, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 25, 2025
Jun 25, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 13, 2025
Jun 13, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 13, 2025
Jun 13, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 03, 2025
Jun 03, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJun 02, 2025
Jun 02, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJun 01, 2025
Jun 01, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 28, 2025
May 28, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 28, 2025
May 28, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011May 28, 2025
May 28, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 19, 2025
May 19, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 12, 2025
May 12, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 05, 2025
May 05, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseApr 30, 2025
Apr 30, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeApr 25, 2025
Apr 25, 2025Appointment Of Secretarial AuditorApr 25, 2025
Apr 25, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateApr 25, 2025
Apr 25, 2025ClarificationApr 25, 2025
Apr 25, 2025Announcement under Regulation 30 (LODR)-Investor PresentationApr 25, 2025
Apr 25, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseApr 25, 2025
Apr 25, 2025Technical Indicators
RSI(14)
Neutral 56.14
ATR(14)
Less Volatile 8.44
STOCH(9,6)
Neutral 44.53
STOCH RSI(14)
Neutral 77.93
MACD(12,26)
Bullish 0.36
ADX(14)
Weak Trend 16.09
UO(9)
Bearish 35.86
ROC(12)
Uptrend And Accelerating 2.44
WillR(14)
Neutral -37.32
Mutual Fund Holdings
HDFC Children's Fund Direct Plan 
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Bandhan Nifty Total Market Index Fund Direct-Growth 
Mirae Asset Nifty Total Market Index Fund Direct-Growth 
Motilal Oswal Nifty Microcap 250 Index Fund Direct - Growth 
Quant Multi Cap Fund Direct-Growth 
UTI Aggressive Hybrid Fund Direct Fund-Growth 
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