Mahindra Holidays & Resorts India Ltd

Mahindra Holidays & Resorts India is engaged in the business of selling vacation ownership and providing holiday facilities.(Source : 201903 Annual Report Page No: 95)

Pros:
Promoter's stake has increased
Company has been maintaining a healthy dividend payout of 24.43%
Cons:
Stock is trading at 9.04 times its book value
The company has delivered a poor growth of 3.86% over past five years.
Contingent liabilities of Rs.1026.98 Cr.
Earnings include an other income of Rs.55.00 Cr.
Company has high debtors of 421.12 days.

Peer Comparison Sector: Hotels & Restaurants // Industry: Hotels

Loading peers table ...

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019
271 304 267 240 261 296 235 209 236 238 251 234
204 244 210 186 203 234 208 186 201 217 208 193
Operating Profit 66 59 57 54 58 63 27 23 35 21 42 40
OPM % 25% 19% 21% 23% 22% 21% 12% 11% 15% 9% 17% 17%
Other Income 4 5 6 9 5 10 8 13 11 14 14 16
Interest 0 0 0 0 0 0 0 0 0 0 4 4
Depreciation 15 15 14 14 13 13 13 13 13 12 24 24
Profit before tax 55 50 50 49 49 59 22 23 33 23 29 28
Tax % 35% 36% 35% 35% 36% 35% 36% 36% 36% 37% 36% 35%
Net Profit 36 32 32 32 32 39 14 14 21 14 18 18
EPS in Rs 1.80 1.63 1.62 2.39 2.40 2.91 1.03 1.09 1.60 1.09 1.37 1.35
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
349 387 463 476 567 691 760 779 952 1,073 1,064 918 958
231 282 310 351 458 518 595 591 715 817 819 805 819
Operating Profit 118 105 153 125 109 174 165 188 237 256 245 113 139
OPM % 34% 27% 33% 26% 19% 25% 22% 24% 25% 24% 23% 12% 14%
Other Income 22 51 48 47 63 14 21 -9 12 17 29 43 55
Interest 3 7 5 3 5 8 7 9 10 11 12 5 8
Depreciation 11 17 19 20 20 21 38 65 71 61 55 51 74
Profit before tax 126 132 177 149 146 159 141 105 168 201 207 100 112
Tax % 36% 37% 33% 31% 28% 33% 33% 25% 32% 35% 35% 36%
Net Profit 81 83 118 103 105 107 95 79 114 131 134 64 72
EPS in Rs 6.82 6.88 8.99 7.76 7.88 8.02 6.70 5.44 8.60 9.87 10.12 4.81 5.41
Dividend Payout % 17% 28% 28% 33% 32% 31% 37% 45% 39% 34% 40% 0%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:9.02%
5 Years:3.86%
3 Years:-1.18%
TTM:-4.24%
Compounded Profit Growth
10 Years:-2.50%
5 Years:-7.08%
3 Years:-17.03%
TTM:-27.20%
Stock Price CAGR
10 Years:-1.32%
5 Years:3.38%
3 Years:-8.22%
1 Year:-0.67%
Return on Equity
10 Years:17.94%
5 Years:16.34%
3 Years:17.56%
Last Year:12.24%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Sep 2019
76 77 83 84 84 84 88 88 88 88 133 133 133
Reserves 65 121 356 420 485 550 702 643 503 586 632 164 186
Borrowings 20 25 10 2 1 2 3 6 0 0 0 0 190
581 783 1,023 1,254 1,405 1,611 1,822 1,981 2,164 2,387 2,606 6,093 5,935
Total Liabilities 742 1,006 1,473 1,758 1,975 2,247 2,615 2,719 2,755 3,062 3,370 6,390 6,443
225 358 407 440 441 452 690 796 918 895 858 1,799 2,029
CWIP 45 51 98 135 195 253 68 72 36 62 109 222 185
Investments 0 1 227 145 208 186 159 151 138 181 544 411 440
472 596 741 1,038 1,130 1,356 1,698 1,700 1,663 1,925 1,859 3,957 3,789
Total Assets 742 1,006 1,473 1,758 1,975 2,247 2,615 2,719 2,755 3,062 3,370 6,390 6,443

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
47 164 180 94 190 213 32 269 116 266 332 300
-49 -120 -304 -90 -128 -264 -89 -259 -6 -83 -415 -236
1 -18 117 -48 -104 -39 64 -38 -49 -53 -48 -62
Net Cash Flow -2 25 -8 -44 -42 -91 7 -28 61 129 -131 2

Ratios Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 105% 72% 54% 32% 28% 28% 21% 18% 27% 34% 31% 20%
Debtor Days 422 457 498 336 334 330 405 408 320 307 333 421
Inventory Turnover 133.23 88.99 112.75 155.87 166.48 137.58 95.16 104.38 169.46 181.59 173.60 153.56