Mahindra Holidays & Resorts India Ltd

Mahindra Holiday Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mahindra Holidays & Resorts India Ltd

₹ 356 0.10%
05 Aug 4:01 p.m.
clubmahindra.com BSE: 533088 NSE: MHRIL
About

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]

Key Points

Parentage
The company is a subsidiary of the Mahindra Group, a global conglomerate with a workforce of 2.6 lacs across 100+ countries. It holds a leading position in India's farm equipment, utility vehicles, information technology, and financial services sectors and is the world's leading tractor manufacturer by volume. Additionally, it has a significant footprint in renewable energy, agriculture, logistics, hospitality, and real estate. [1]

Website BSE NSE
  • Market Cap ₹ 7,186 Cr.
  • Current Price ₹ 356
  • High / Low ₹ 446 / 241
  • Stock P/E 56.8
  • Book Value ₹ 38.6
  • Dividend Yield 0.00 %
  • ROCE 9.73 %
  • ROE 19.4 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has delivered good profit growth of 24.2% CAGR over last 5 years

Cons

  • Stock is trading at 9.18 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 3.23% over past five years.
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Consumer Discretionary Consumer Services Leisure Services Hotels & Resorts

Part of BSE SmallCap BSE Allcap BSE Consumer Discretionary Nifty India Tourism Nifty500 LargeMidSmall Equal-Cap Weighted

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
604.85 598.36 602.17 711.61 614.31 655.27 634.82 800.19 652.86 670.75 678.43 778.83 701.40
505.17 481.88 511.41 546.91 530.37 519.70 529.69 612.77 548.09 548.04 532.74 574.50 579.49
Operating Profit 99.68 116.48 90.76 164.70 83.94 135.57 105.13 187.42 104.77 122.71 145.69 204.33 121.91
OPM % 16.48% 19.47% 15.07% 23.14% 13.66% 20.69% 16.56% 23.42% 16.05% 18.29% 21.47% 26.24% 17.38%
32.25 28.83 22.80 23.77 37.63 16.90 31.62 30.15 33.23 35.43 32.23 28.33 38.75
Interest 23.41 22.70 39.90 32.61 31.60 33.28 44.91 22.43 35.30 37.54 36.96 38.38 38.73
Depreciation 68.88 70.07 72.33 78.71 81.25 83.79 85.54 86.03 88.66 92.48 92.99 91.87 95.64
Profit before tax 39.64 52.54 1.33 77.15 8.72 35.40 6.30 109.11 14.04 28.12 47.97 102.41 26.29
Tax % 24.77% 21.20% 1,130.08% 27.00% 89.68% 39.46% -67.14% 23.74% 56.70% 59.14% 26.14% 28.77% 72.73%
29.82 41.39 -13.72 56.31 0.89 21.43 10.53 83.21 6.08 11.48 35.42 72.95 7.17
EPS in Rs 1.48 2.03 -0.59 2.80 0.01 1.06 0.58 4.08 0.29 0.68 1.72 3.62 0.39
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
676 812 1,602 2,267 2,317 2,239 2,372 1,730 2,013 2,517 2,705 2,781 2,829
509 623 1,329 1,932 1,948 2,055 1,996 1,489 1,691 2,036 2,182 2,194 2,235
Operating Profit 167 189 273 335 369 184 375 241 323 481 522 587 595
OPM % 25% 23% 17% 15% 16% 8% 16% 14% 16% 19% 19% 21% 21%
14 -4 -4 27 34 55 58 116 163 106 114 129 135
Interest 8 11 25 32 86 40 85 91 105 126 140 157 152
Depreciation 39 66 98 106 100 101 247 264 271 290 337 366 373
Profit before tax 134 107 146 224 217 98 101 2 111 171 160 193 205
Tax % 35% 25% 38% 35% 39% 39% 232% 667% 39% 33% 27% 35%
87 81 90 146 133 60 -134 -14 68 114 116 126 127
EPS in Rs 4.36 4.07 4.34 7.44 6.61 3.02 -6.59 -0.65 3.37 5.72 5.72 6.32 6.41
Dividend Payout % 40% 43% 51% 30% 40% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 13%
5 Years: 3%
3 Years: 11%
TTM: 3%
Compounded Profit Growth
10 Years: 3%
5 Years: 24%
3 Years: 24%
TTM: 5%
Stock Price CAGR
10 Years: 10%
5 Years: 25%
3 Years: 15%
1 Year: -16%
Return on Equity
10 Years: 17%
5 Years: 24%
3 Years: 25%
Last Year: 19%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 88 88 88 88 133 133 133 133 200 201 202 202
Reserves 673 637 418 509 579 149 -87 -48 50 189 323 579
3 124 705 774 810 830 2,434 2,487 2,567 2,623 2,738 3,130
1,822 1,981 2,415 2,587 2,984 5,932 6,167 5,748 5,805 6,085 6,367 6,512
Total Liabilities 2,586 2,830 3,625 3,959 4,505 7,044 8,648 8,319 8,621 9,098 9,629 10,423
991 1,032 1,339 1,273 1,459 2,439 3,862 3,971 4,186 4,418 4,589 5,003
CWIP 78 95 75 171 112 227 250 124 122 182 244 407
Investments 13 143 61 104 453 324 406 77 306 573 675 753
1,504 1,561 2,150 2,411 2,481 4,055 4,129 4,147 4,007 3,924 4,122 4,260
Total Assets 2,586 2,830 3,625 3,959 4,505 7,044 8,648 8,319 8,621 9,098 9,629 10,423

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
33 201 242 276 551 263 561 382 498 681 624 621
-88 -308 -379 -182 -547 -239 -281 -235 -257 -209 -448 -402
60 78 274 -6 -144 -21 -254 -154 -217 -459 -190 -285
Net Cash Flow 5 -30 137 88 -140 4 26 -6 23 14 -13 -66

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 456 392 213 164 169 181 192 204 175 148 149 150
Inventory Days 703 411 540 499 418 735 746 592 609 753
Days Payable 478 245 271 250 234 409 480 413 399 383
Cash Conversion Cycle 456 392 438 330 438 431 376 530 441 327 359 520
Working Capital Days 293 230 150 123 115 122 45 138 14 68 -58 16
ROCE % 19% 17% 16% 19% 20% 10% 10% 4% 8% 10% 9% 10%

Shareholding Pattern

Numbers in percentages

3 Recently
Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
67.08% 67.03% 67.00% 66.95% 66.81% 66.77% 66.77% 66.76% 66.76% 66.75% 66.74% 66.74%
5.07% 4.98% 5.12% 5.24% 5.19% 5.23% 5.26% 5.34% 5.31% 5.37% 5.36% 5.42%
8.31% 8.16% 8.13% 8.29% 10.41% 10.59% 10.70% 10.45% 10.25% 10.19% 10.07% 10.17%
19.22% 19.49% 19.48% 19.27% 17.39% 17.21% 17.07% 17.23% 17.49% 17.49% 17.64% 17.45%
0.32% 0.32% 0.28% 0.25% 0.21% 0.21% 0.21% 0.20% 0.19% 0.19% 0.19% 0.19%
No. of Shareholders 74,77375,45074,85377,09170,62075,93476,63679,17582,83184,08084,85688,115

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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