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Earnings Call

Mahindra Holidays & Resorts India Earnings Call: Key Takeaways

Mahindra Holidays (MHRIL) reports FY26 standalone revenue up 4% and EBITDA up 21% YoY. Strategy focuses on 'Scaling the Core' and launching 'KEYSTONE' luxury products.

Highlights
Revenue growthConsolidated Income up 7% YoY for FY26.
MarginsStandalone EBITDA margin improved through operational efficiencies and higher realizations.
Demand visibilityLeisure demand outpacing room supply through FY28.
Management confidenceStrong confidence in Indian leisure demand and 'KEYSTONE' premiumization.

Growth

FY26 Consolidated Income grew 7% YoY to ₹3,116 Cr; Standalone PAT (excl. impairment) rose 22% to ₹238 Cr.

Outlook

Targeting ~600 keys by FY30 via ongoing greenfield projects and land bank development across 5 destinations.

Risks

HCR European business remains weak with a FY26 loss of €6.8 Mn and declining occupancy.

Source

Earnings Call filed with NSE, NSE: MHRIL. Summary written with AI assistance from the document.

Read the document ↗

Mahindra Holidays & Resorts India Ltd: key numbers

Share price
₹200.00
Market cap
₹4,041 Cr
Revenue (annual)
₹2,992 Cr
Net profit (annual)
₹69.51 Cr
P/E (TTM)
76.3×Sector 43.7×
Promoter holding
66.73%-0.01% QoQ
FII holding
4.01%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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