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Mahindra Holidays & Resorts India Limited (MHRIL.NS)
INR225.94
+0.50 (+0.22%)
IN NSE Consumer Cyclical Gambling, Resorts & Casinos
Address
Mahindra Towers 400018
Mumbai, IN
Mumbai, IN
CEO
Manoj Bhat
Website
clubmahindra.com
IPO
2009-07-16
ISIN INE998I01010
Also trades on
Bombay Stock Exchange · MHRIL.BO (INR)
National Stock Exchange of India · MHRIL.NS (INR)
Description
Mahindra Holidays & Resorts India Limited is a prominent player in the leisure and hospitality industry. The company primarily focuses on selling vacation ownership programs and associated services. Its flagship offering, Club Mahindra (CMH25), grants members a week's annual holiday for 25 years. Additionally, it offers Club Mahindra Fundays, a corporate solution enabling businesses to provide vacation benefits to employees as part of reward schemes or employment terms. For those aged 50 and above, Bliss is a points-based product providing a weekly vacation for a decade. Millennial travelers under 30 can opt for GoZest, a three-year points-based membership. The company boasts an extensive network of resorts across varied Indian landscapes, including hill stations, beaches, backwaters, wildlife sanctuaries, forts, and heritage sites, alongside international locations such as Bangkok, Pattaya, Phuket, Kuala Lumpur, Singapore, Dubai, Colombo, and Bhutan. As of March 31, 2022, its portfolio included 4,568 room units spread across 84 resorts. Established in 1996, its operational base is Mumbai, India, and it functions as a subsidiary of Mahindra & Mahindra Limited.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
INR225.94
+0.50 (+0.22%)
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Volume Profile
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Liquidity & share structure
Average Volume
419.0K
Beta
-0.20
Float Shares
64.37M
Free Float %
31.9%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +2.07% | +10.81% | +5.21% | -10.86% | -25.07% | -23.85% | -31.80% | -19.30% | +37.38% | +30.54% | +66.89% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
225.94
DCF (Unlevered)
425.90
+88.5%
DCF (Levered)
729.12
+222.7%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
100% Bullish
| Rating | 2026-06 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 1 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
0.84
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
-
Revenue growth Gambling, Resorts & Casinos: +5.3%+10.5% ★ Q1'26: +5.3% (vs Q1'25)
-
EPS growth Gambling, Resorts & Casinos: +9.4%-45.7% Q1'26: -43.4% (vs Q1'25)
-
FCF margin FCF growth · Gambling, Resorts & Casinos: +17.3%-2.3% Q1'26: +3.8% (vs Q1'25)
-
EBIT margin Gambling, Resorts & Casinos: +17.5%+6.9% Q1'26: -0.1% (vs Q1'25)
-
ROIC Gambling, Resorts & Casinos: +8.0%+3.2% Q1'26: 0.0% (vs Q1'25)
-
Share dilution Gambling, Resorts & Casinos: +0.3%+0.3% Q1'26: +0.1% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Gambling, Resorts & Casinos: 0.94×6.21× Q1'26: 8.87× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Mar 2010 actual |
Mar 2011 actual |
Mar 2012 actual |
Mar 2013 actual |
Mar 2014 actual |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 1 Rev. Ana. 1 EPS Ana. |
Mar 2027 1 Rev. Ana. 1 EPS Ana. |
Mar 2028 1 Rev. Ana. 1 EPS Ana. |
Mar 2029 1 Rev. Ana. 1 EPS Ana. |
Mar 2030 1 Rev. Ana. |
Mar 2031 1 Rev. Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
4.73B
est: 5.72B (-17.2%)
|
5.00B
est: 4.79B (+4.5%)
|
5.78B
est: 6.06B (-4.6%)
|
6.94B
est: 6.86B (+1.2%)
|
7.69B
est: 7.61B (+1.0%)
|
7.51B
est: 8.26B (-9.1%)
|
14.81B
est: 9.44B (+56.8%)
|
21.63B
est: 15.68B (+37.9%)
|
22.02B
est: 17.30B (+27.3%)
|
20.93B
est: 21.18B (-1.2%)
|
22.32B
est: 16.91B (+32.0%)
|
16.53B
est: 13.26B (+24.7%)
|
19.55B
est: 21.32B (-8.3%)
|
24.60B
est: 12.00B (+105.0%)
|
26.44B
est: 27.43B (-3.6%)
|
27.07B
est: 14.00B (+93.4%)
|
14.91B
14.91B – 14.91B
+6.5% YoY
|
15.90B
15.90B – 15.90B
+6.6% YoY
|
17.61B
17.61B – 17.61B
+10.7% YoY
|
19.21B
19.21B – 19.21B
+9.1% YoY
|
25.18B
25.18B – 25.18B
+31.1% YoY
|
28.35B
28.35B – 28.35B
+12.6% YoY
|
| EBITDA |
2.01B
est: 1.33B (+51.0%)
|
1.69B
est: 1.79B (-5.5%)
|
1.67B
est: 2.68B (-37.8%)
|
1.72B
est: 2.60B (-33.6%)
|
1.74B
est: 1.90B (-8.5%)
|
1.85B
est: 2.11B (-12.2%)
|
2.84B
est: 2.09B (+35.7%)
|
3.62B
est: 4.86B (-25.4%)
|
3.61B
est: 3.70B (-2.3%)
|
2.39B
est: 2.52B (-5.1%)
|
4.40B
est: 3.93B (+11.9%)
|
3.64B
est: 3.08B (+18.2%)
|
4.86B
est: 4.95B (-1.9%)
|
5.86B
est: 653.69M (+797.0%)
|
6.37B
est: 6.30B (+1.2%)
|
5.79B
est: 3.21B (+80.1%)
|
3.42B
3.42B – 3.42B
+6.5% YoY
|
3.65B
3.65B – 3.65B
+6.6% YoY
|
4.04B
4.04B – 4.04B
+10.7% YoY
|
4.41B
4.41B – 4.41B
+9.1% YoY
|
5.78B
5.78B – 5.78B
+31.1% YoY
|
6.51B
6.51B – 6.51B
+12.6% YoY
|
| EBIT |
1.81B
est: 552.87M (+227.7%)
|
1.47B
est: 1.13B (+30.0%)
|
1.44B
est: 1.29B (+11.7%)
|
1.45B
est: 818.92M (+77.2%)
|
1.35B
est: 1.57B (-14.2%)
|
1.10B
est: 1.37B (-19.8%)
|
1.61B
est: 1.02B (+58.0%)
|
2.44B
est: 4.04B (-39.7%)
|
2.39B
est: 2.35B (+1.6%)
|
1.27B
est: 2.24B (-43.4%)
|
1.87B
est: 1.63B (+14.5%)
|
1.00B
est: 1.28B (-21.9%)
|
2.15B
est: 2.06B (+4.4%)
|
2.96B
est: 1.35B (+119.3%)
|
3.01B
est: 2.70B (+11.3%)
|
2.13B
est: 1.38B (+54.5%)
|
1.47B
1.47B – 1.47B
+6.5% YoY
|
1.57B
1.57B – 1.57B
+6.6% YoY
|
1.73B
1.73B – 1.73B
+10.7% YoY
|
1.89B
1.89B – 1.89B
+9.1% YoY
|
2.48B
2.48B – 2.48B
+31.1% YoY
|
2.79B
2.79B – 2.79B
+12.6% YoY
|
| Net Income |
1.17B
est: 2.02B (-42.1%)
|
1.00B
est: 980.31M (+2.3%)
|
1.02B
est: 1.27B (-19.4%)
|
909.21M
est: 1.16B (-21.5%)
|
870.29M
est: 1.01B (-13.7%)
|
812.27M
est: 983.85M (-17.4%)
|
990.64M
est: 895.01M (+10.7%)
|
1.49B
est: 2.00B (-25.8%)
|
1.32B
est: 1.61B (-17.8%)
|
604.20M
est: 1.20B (-49.6%)
|
654.67M
est: 1.02B (-35.9%)
|
-130.77M
est: 1.31B (-110.0%)
|
675.11M
est: 1.05B (-35.6%)
|
1.15B
est: -1.21B (+195.3%)
|
1.16B
est: 1.19B (-2.5%)
|
1.28B
est: 1.88B (-32.1%)
|
3.53B
3.53B – 3.53B
+87.6% YoY
|
2.32B
2.32B – 2.32B
-34.1% YoY
|
2.52B
2.52B – 2.52B
+8.3% YoY
|
2.61B
2.61B – 2.61B
+3.6% YoY
|
—
— – —
-100.0% YoY
|
—
— – —
|
| SGA |
—
est: 683.49M (-100.0%)
|
—
est: 1.40B (-100.0%)
|
1.99B
est: 4.22B (-52.7%)
|
2.05B
est: 4.88B (-58.0%)
|
2.16B
est: 5.36B (-59.7%)
|
2.02B
est: 6.15B (-67.2%)
|
2.89B
est: 5.79B (-50.1%)
|
3.36B
est: 1.87B (+79.5%)
|
3.09B
est: 15.53B (-80.1%)
|
2.78B
est: 13.02B (-78.7%)
|
2.92B
est: 2.02B (+44.2%)
|
2.09B
est: 1.58B (+31.7%)
|
2.76B
est: 12.04B (-77.1%)
|
2.94B
est: 11.90B (-75.3%)
|
3.01B
est: 5.13B (-41.4%)
|
2.63B
est: 2.62B (+0.3%)
|
2.79B
2.79B – 2.79B
+6.5% YoY
|
2.97B
2.97B – 2.97B
+6.6% YoY
|
3.29B
3.29B – 3.29B
+10.7% YoY
|
3.59B
3.59B – 3.59B
+9.1% YoY
|
4.71B
4.71B – 4.71B
+31.1% YoY
|
5.30B
5.30B – 5.30B
+12.6% YoY
|
| EPS |
6.37
est: 10.03 (-36.5%)
|
5.34
est: 7.90 (-32.4%)
|
5.43
est: 7.66 (-29.1%)
|
4.82
est: 9.47 (-49.1%)
|
4.40
est: 7.26 (-39.4%)
|
4.10
est: 4.62 (-11.2%)
|
4.38
est: 5.99 (-26.9%)
|
7.49
est: 7.20 (+4.0%)
|
6.66
est: 8.05 (-17.3%)
|
3.03
est: 5.07 (-40.2%)
|
3.28
est: 5.07 (-35.3%)
|
-0.66
est: 6.50 (-110.2%)
|
3.38
est: 5.20 (-35.0%)
|
5.75
est: 7.50 (-23.3%)
|
5.74
est: 5.86 (-2.1%)
|
6.33
est: 9.30 (-31.9%)
|
17.45
17.45 – 17.45
+87.6% YoY
|
11.50
11.50 – 11.50
-34.1% YoY
|
12.45
12.45 – 12.45
+8.3% YoY
|
12.90
12.90 – 12.90
+3.6% YoY
|
—
— – —
-100.0% YoY
|
—
— – —
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-06-12 | B- | 3/5 | 5/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-06-11 | B- | 3/5 | 5/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-06-10 | B- | 3/5 | 5/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-06-09 | B- | 3/5 | 5/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-06-08 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-06-05 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-06-04 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-06-03 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-06-02 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-06-01 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-29 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-27 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-26 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-25 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-22 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-21 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-20 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-19 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-18 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-15 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-14 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-13 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-12 | B- | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-11 | C+ | 2/5 | 4/5 | 3/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-08 | C+ | 2/5 | 4/5 | 3/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-07 | C+ | 2/5 | 4/5 | 3/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-06 | C+ | 2/5 | 4/5 | 3/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-05 | C+ | 2/5 | 4/5 | 3/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-04 | C+ | 2/5 | 4/5 | 3/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-30 | B- | 2/5 | 4/5 | 3/5 | 4/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-29 | B- | 2/5 | 4/5 | 3/5 | 4/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-28 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-27 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-24 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-23 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-22 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-21 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-20 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-17 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-16 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
2.83B
OE per share TTM
14.02
Owner's Yield
5.96%
Maintenance CapEx ratio
1,202.71%
Maint CapEx / Avg PPE
195.0%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
This company is not held by any ETF in our universe.
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
477.8K
Shares Outstanding
201.68M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Manoj Bhat | MD, Chief Executive Officer & Additional Director | 40M | male |
| Hoshedar Havewala | Chief Legal Officer | — | male |
| Manish Goel | Chief Projects Officer | — | male |
| Mansi Laheri | Company Secretary & Compliance Officer | — | female |
| Rohit Malik | Chief Strategic Initiatives | — | male |
| Santhosh Raman Kutty | Chief Business Officer of Business Development | — | male |
| Vimal Agarwal | Chief Financial Officer | — | male |
| Vineet Bhardwaj | Chief Technology Officer | — | male |
| Ghanashyam Hegdekatte | Chief Human Resources Officer | — | male |
| Zubin Kutar | Head Digital Marketing | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for MHRIL.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
