Partner With Us NRI

Mahindra Holidays & Resorts India Ltd share Price

Company details

6M Return 51.07%
1Y Return 50.50%
Mkt Cap.(Cr) 8,141.88
Volume 183,758
Div Yield 0.00%
OI Chg %
Volume 183,758

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Hotels company Mahindra Holidays & Resorts India announced Q1FY24 results:

  • Consolidated Q1FY24:
    • Total Income at Rs 646.9 crore
    • EBITDA at Rs 120.4 crore
    • EBITDA Margin at 18.6%.
    • PBT at Rs 7.6 crore
  • Standalone Q1FY24:
    • Highest Ever Total Income at Rs 355 crore ( 17% YoY)
    • Highest Ever Resort Income at Rs 92 crore ( 10% YoY)
    • Highest Ever EBITDA at Rs 101 crore ( 19% YoY); EBITDA Margin at 28.3%
    • Highest Ever PBT (first quarter) at Rs 55 crore ( 19% YoY); PBT Margin at 15.4%
    • Cash Position at Rs 1,136 crore as on 30th June'23.

Commenting on the performance, Kavinder Singh, Managing Director and Chief Executive Officer, Mahindra Holidays & Resorts India, said, "90% occupancy on an expanded inventory base of ~5,000 rooms has helped us achieve the highest ever Resort Income this quarter. Member additions are up by 23% over the same period last year. We continue to work towards our strategic objective of rapidly expanding our room inventory in line with our growing member base while adding new immersive experiences at our resorts."

Commenting on the European operations, he added, "Despite the ongoing geopolitical crisis which has raised the inflation levels & interest rates, timeshare business has performed well. However, Spa hotels were affected by lower occupancies, Q1 traditionally being a low-season quarter. The holiday season has started well from mid-June onwards, and Q2 performance is expected to be better."


Result PDF

View Other Company Results


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Mahindra Holidays & Resorts India Ltd Stocks COMPARISION


Equity Capital: 388.61 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 16,852.71 -20,671.82
LAST 3M 52,922.55 -3,405.64
LAST 6M 58,662.39 139,660.95
LAST 12M 135,235.34 165,245.59

Mahindra Holidays & Resorts India Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Mahindra Holidays & Resorts India Ltd is the leisure and hospitality arm of the Mahindra Group. The company offers holiday options mainly through its vacation ownership membership plans. The company was registered in Chennai, Tamil Nadu, as a private limited company on 20 September 1996. It was converted into a public limited company in 1998. MHRIL has its head office in Mumbai, Maharashtra.

    The company is listed on NSE with the code MHRIL and on BSE with the code 533088. As of 16 December 2022, the company’s shares closed at Rs 274.50 on the NSE and at Rs 275 on the BSE. According to NSE data, the market capitalisation of Mahindra Holidays & Resorts India Ltd on the above-mentioned date was Rs 5,521 crore. With respect to that day, the share’s 52-week high and low prices on the NSE were Rs 313.60 and Rs 185.60, respectively.

    Financial statements issued by Mahindra Holidays & Resorts India Ltd show that its revenue grew from Rs 1,729 crore in FY 2021 to Rs 2,013 crore in FY 2022. The company had a net loss of Rs 14 crore in FY 2022, while it posted a net profit of Rs 67 crore in FY 2022.

    Mahindra & Mahindra Ltd is listed as the company’s sole promoter. Its stake in MHRIL in the September 2022 quarter was 67.08%. During this quarter, mutual funds had a combined 7.94% stake in the company, down from 9.11% held in the previous quarter. Foreign institutional investors had a total 5.07% holding in MHRIL this quarter, which was greater than the 4.91% stake held in the preceding three months. During the September 2022 quarter, other domestic institutional investors had a 0.68% stake, while the remaining 19.54% was held by retail and other investors.

    Arun Nanda is the chairperson of Mahindra Holidays and Resorts India Ltd, while Kavinder Singh is its executive director & CEO. Its non-executive independent directors include Rohit Khattar, Sangeeta Talwar, Diwakar Gupta, Sanjeev Aga, and Rajat Jain. Its non-executive non-independent directors include Anish Shah and Ruzbeh Irani.

    Peers of the company include Indian Hotels Company Ltd, EIH Ltd, India Tourism Development Corporation Ltd, and Chalet Hotels Ltd, among others.

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

Mahindra Towers 2nd Floor, No 17/18 Patullos Road, Chennai, Tamil Nadu, 600002

Tel : 91-44-39881000
Email : investors:mahindraholidays.com
Website : http://www.clubmahindra.com

Karvy Computershare Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 533088
Book Closure Date (Month) :
BSE Group : A
ISIN : INE998I01010

FAQ’s on Mahindra Holidays & Resorts India Ltd Shares

You can buy Mahindra Holidays & Resorts India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Mahindra Holidays & Resorts India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Oct 03, 2023 03:59 PM the closing price of Mahindra Holidays & Resorts India Ltd was ₹ 404.25.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Oct 03, 2023 03:59 PM, the market cap of Mahindra Holidays & Resorts India Ltd stood at ₹ 8,141.88.

The latest PE ratio of Mahindra Holidays & Resorts India Ltd as of Oct 03, 2023 03:59 PM is 94.87

The latest PB ratio of Mahindra Holidays & Resorts India Ltd as of Oct 03, 2023 03:59 PM is -0.06

The 52-week high of Mahindra Holidays & Resorts India Ltd is ₹ 422.35 while the 52-week low is ₹ 240.60

Download Our App

market app
market app