Mahindra Holidays & Resorts India Ltd (MHRIL)
₹178.47
Mkt cap
₹3,607 Cr
P/E ratio
73.80
P/B
4.55
Div yield
0.00%
ROE
9.90%
ROCE
8.12%
EPS (TTM)
₹2.42
Book value
₹39
52W range
178–346
Sector
Consumer Discretionary
Price history
Previous close
Mahindra Holidays & Resorts India Ltd. (MHRIL), a part of the Leisure and Hospitality sector of the Mahindra Group offers family holidays primarily through vacation ownership memberships. Started in 1996, the company's flagship brand ‘Club Mahindra’ has over 250,000 members. [1] The Company is the largest Vacation Ownership company outside the US and is 6th largest globally [2]
NSE MHRILBSE 533088
Health check
Cautious
ValuationExpensive
ProfitabilityWeak
GrowthModerate
TechnicalsBearish
52-week range
−48.41% from high₹178
₹178+0.21% from low₹346
Current
₹178.47
Prev close
₹184.47
Day
−3.25%
Price performance
1D
−3.24%
1W
−3.76%
1M
−8.22%
3M
−17.33%
6M
−27.67%
1Y
−47.17%
YTD
−42.06%
Financials
Revenue, profit & margin
P/E ratio
73.8×
MHRIL is 188% above the sector median of 25.6×
MHRIL73.8×
Sector median25.6×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 655 | 635 | 800 | 653 | 671 | 678 | 779 | 701 | 717 | 753 | 820 | 733 | 784 | |
| Expenses | 520 | 530 | 613 | 548 | 548 | 533 | 574 | 579 | 565 | 609 | 623 | 620 | 626 | |
| Operating Profit | 136 | 105 | 187 | 105 | 123 | 146 | 204 | 122 | 152 | 144 | 197 | 113 | 159 | |
| OPM % | 21% | 17% | 23% | 16% | 18% | 21% | 26% | 17% | 21% | 19% | 24% | 15% | 20% | |
| Other Income | 17 | 32 | 30 | 33 | 35 | 32 | 28 | 39 | 32 | 19 | 24 | 41 | 36 | |
| Interest | 33 | 45 | 22 | 35 | 38 | 37 | 38 | 39 | 48 | 47 | 47 | 47 | 53 | |
| Depreciation | 84 | 86 | 86 | 89 | 92 | 93 | 92 | 96 | 101 | 104 | 109 | 109 | 107 | |
| Profit before tax | 35 | 6 | 109 | 14 | 28 | 48 | 102 | 26 | 36 | 12 | 65 | -3 | 34 | |
| Tax % | 39% | -67% | 24% | 57% | 59% | 26% | 29% | 73% | 52% | 88% | 36% | 168% | 42% | |
| Net Profit | 21 | 11 | 83 | 6 | 11 | 35 | 73 | 7 | 17 | 1 | 41 | -9 | 20 | |
| EPS in Rs | 1.06 | 0.58 | 4.08 | 0.29 | 0.68 | 1.72 | 3.62 | 0.39 | 0.88 | 0.11 | 2.06 | -0.43 | 0.99 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −3.62% · closed higher next day 0 of last 1
| Q2FY27 | |
|---|---|
| Broadcast | 21 Oct '26 |
| Earnings day | −3.62% |
| +1 day | −6.71% |
| +5 days | −7.21% |
| +15 days | — |
| +30 days | — |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Results analysis
Shareholding
as of Sep 202666.73%Promoter
Promoters66.73%
FIIs3.41%0.60
DIIs10.76%0.24
Public18.93%0.86
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Indian Hotels Co | ₹811.65 | 57.46 | 1,15,533 | 0.40% | 380 | +23.57% | 2,484 | +21.73% | 17.06% |
| ITC Hotels | ₹167.17 | 35.18 | 34,825 | 0.60% | 203 | +51.40% | 1,054 | +25.57% | 11.23% |
| Leela Palaces Hotels | ₹634.25 | 45.21 | 21,181 | 0.00% | 95 | +26.59% | 412 | +32.58% | 8.73% |
| EIH | ₹286.35 | 24.66 | 17,907 | 0.52% | 120 | −1.91% | 657 | +14.54% | 20.67% |
| Chalet Hotels | ₹805.65 | 32.96 | 17,643 | 0.25% | 86 | −54.44% | 512 | −42.73% | 17.01% |
| Ventive Hospital | ₹531.55 | 25.61 | 12,414 | 0.00% | 124 | +199.85% | 543 | +6.97% | 10.79% |
| Lemon Tree Hotel | ₹109.27 | 33.83 | 8,657 | 0.00% | 57 | +20.09% | 345 | +9.13% | 14.14% |
| Mahindra Holiday | ₹178.47 | 73.75 | 3,607 | 0.00% | 20 | +11.82% | 784 | +9.31% | 8.12% |
| Median: 45 Co. | ₹178.47 | 25.62 | 647 | 0.00% | 7 | +20.09% | 71 | +10.44% | 10.79% |
Filings
Annual reports15
Concall transcripts99
TranscriptOct 2026PPTOct 2026RECOct 2026TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptApr 2026PPTApr 2026RECApr 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025
Credit ratings4
Announcements5
Announcement under Regulation 30 (LODR)-Earnings Call Transcript 27 OctCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 26 Oct - Submitted Regulation 74(5) certificate for Q2 FY27; no dematerialization requests received.Announcement under Regulation 30 (LODR)-Newspaper Publication 22 OctAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 21 Oct - Audio recording of Q2 and H1 FY2027 earnings conference call uploaded on 21 October 2026.Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised) 21 Oct - Revised Q2 FY27 results: consolidated PAT up 17%, standalone/consolidated EBITDA corrected on 21 Oct 2026.