Mahindra Holidays & Resorts India Ltd (MHRIL) — shareholding pattern, promoter holding, financials and share price
About Mahindra Holidays & Resorts India Ltd (MHRIL)
Mahindra Holidays & Resorts India Ltd operates in the Hotels & Resorts industry, within the Consumer Services sector. It trades on the NSE as MHRIL and on the BSE under scrip code 533088. Its ISIN is INE998I01010.
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]
Mahindra Holidays & Resorts India Limited (ClubMahindra) is a leading membership-based leisure hospitality company offering vacation ownership, managed resorts, timeshare products and related travel services across India and Europe, operating ~6,228 keys across 125+ resorts and a cumulative membership base of ~304,000 members focused on family experiential holidays.
FY26 showed a mixed but constructive performance: standalone revenue rose ~4% and EBITDA expanded ~21% year-on-year driven by higher resort revenue and disciplined cost control, while consolidated PAT was depressed by one-offs including a Rs.234 crore impairment and labour code and forex impacts; excluding these items, underlying PAT grew materially.
Listed peers in Hotels & Resorts: Valor Estate Ltd, India Tourism Development Corporation Ltd, Juniper Hotels Ltd, Samhi Hotels Ltd, Apeejay Surrendra Park Hotels Ltd, Brigade Hotel Ventures Ltd.
Valuation & Returns
10 Jul 2026At ₹234 a share on 10 Jul 2026, Mahindra Holidays & Resorts India Ltd (MHRIL) was valued at a price-to-earnings ratio of 70.56x against an industry P/E of 38.95x and a price-to-book of 6.08x on a book value of ₹38.5 per share as of Mar 2026. Solomo computes return on equity of 8.61% and return on capital employed of 6.94% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 70.56x
- Industry P/E
- 38.95x
- P/B
- 6.08x
- EPS (TTM)
- ₹3.32
- Book value / share
- ₹38.5
- ROE
- 8.61%
- ROCE
- 6.94%
- ROA
- 0.59%
- Debt / equity
- 4.92x
- Dividend yield
- 0%
- EBITDA margin
- 24.37%
- 52-week range
- ₹208.4 – ₹381.55
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Mahindra Holidays & Resorts India Ltd (MHRIL) reported revenue of ₹2,992 crore, net profit of ₹67 crore and earnings per share of ₹3.44. That compares with revenue of ₹2,781 crore and net profit of ₹126 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹820 crore and net profit ₹41 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 2,013 | 2,517 | 2,705 | 2,781 | 2,992 |
| Net profit (₹ cr) | 68 | 114 | 116 | 126 | 67 |
| EPS (₹) | 3.37 | 5.72 | 5.72 | 6.32 | 3.44 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 3.13% | 11.58% | 5.93% | 7.58% |
| Profit growth | -8.26% | - | -16.19% | -46.80% |
| Stock price CAGR | 2% | 1% | -11% | -36% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 66.73% of Mahindra Holidays & Resorts India Ltd (MHRIL) (down 0.01 pp QoQ), foreign institutional investors (FII) hold 4.01% and domestic institutional investors (DII) hold 11%. Market capitalisation was ₹4,728 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2010.
Largest disclosed public shareholders in Jun 2026: 3P INDIA EQUITY FUND 1 4.21%, GOVERNMENT PENSION FUND GLOBAL 2.6%, HDFC MUTUAL FUND - HDFC DIVIDEND YIELD FUND 2.1%, UTI AGGRESSIVE HYBRID FUND 1.59%, 3P INDIA EQUITY FUND 1M 1.39%, VIJAY KISHANLAL KEDIA 1%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 66.73% | - | 4.01% | 11% | 33.09% |
| Mar 2026 | 66.74% | - | 5.3% | 11.01% | 33.08% |
| Dec 2025 | 66.74% | - | 5.52% | 10.38% | 33.08% |
| Sep 2025 | 66.74% | - | 5.44% | 10.01% | 33.07% |
| Jun 2025 | 66.74% | - | 5.42% | 10.18% | 33.07% |
| Mar 2025 | 66.74% | - | 5.36% | 10.07% | 33.07% |
| Dec 2024 | 66.75% | - | 5.37% | 10.19% | 33.07% |
| Sep 2024 | 66.76% | - | 5.31% | 10.24% | 33.05% |