| Revenue growth | Standalone up 3%; resort revenue up 10% YoY. |
|---|---|
| Margins | Down 22Cr YoY due to renovation costs and European losses. |
| Demand visibility | Strong domestic demand; 86.7% occupancy despite limited international travel. |
| Management confidence | Balanced but cautious regarding European turnaround and renovation timelines. |
Growth
Standalone income up 3% YoY to 424Cr; resort revenue grew 10% YoY. Keystone sales value rose 22% with unit realization up 73%.
Outlook
Targeting 1,000 gross keys in FY27; 'Keystone' upgrades and resort stabilization expected in H2 FY27.
Risks
European losses widened by 20Cr; 400 keys offline for renovation causing short-term occupancy and profit drag.
Last quarter's promises, checked
Delivered
- Guided 900 key additions in FY26 → delivered 900 keys (= BEAT)
- Guided 80%+ occupancy → delivered 80.7% (= BEAT)
- Guided Keystone AUR jump → delivered 73% unit realization increase (= BEAT)
Partly delivered
- Guided 1,000+ keys in FY27 → current results show 400 keys offline (= PARTIAL)
Missed
- Guided FY27 resort additions → delivered 400 keys offline for renovation (= MISS)
- Guided European business improvement → delivered 20Cr widened loss (= MISS)
Earnings Call Transcript filed with BSE, NSE: MHRIL. Summary written with AI assistance from 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.
More from Mahindra Holidays & Resorts India Ltd
All →Mahindra Holidays & Resorts India Employee Stock Options
Designated persons Rohit Malik and Ashutosh Pandey acquired 5,461 and 7,064 equity shares respectively through ESOP allotments. These transactions are part of routine employee stock disclosures.
- Value
- ₹0.01 Cr
Mahindra Holidays & Resorts India Employee Stock Options
Mahindra Holidays & Resorts India Limited allotted 12,525 equity shares following the exercise of options under its 2020 ESOP scheme. This increases the total paid-up capital.
Mahindra Holidays & Resorts India Legal & Regulatory
Mahindra Holidays & Resorts India Limited received a Show Cause Notice from Karnataka GST authorities. The notice demands Rs. 9.78 Crore including tax, interest, and penalty.
- Value
- ₹9.78 Cr
Mahindra Holidays & Resorts India Investor Presentation: Key Takeaways
MHRIL reported Q1 FY27 consolidated revenue of ₹773.5 Cr (+5% YoY) but a PAT loss of ₹8.6 Cr. Focus remains on premiumization, inventory rationalization, and greenfield expansion.
Mahindra Holidays & Resorts India Q1 FY27 Results: Net Loss of ₹8.6 Cr
Mahindra Holidays & Resorts India Ltd reported revenue from operations of ₹732.8 Cr (+4.5% YoY) and a net loss of ₹8.6 Cr for Q1 FY27.
- Key figure
- Net loss ₹8.6 Cr
Mahindra Holidays & Resorts India Earnings Call: Key Takeaways
MHRIL reported Q4 FY26 standalone total income of ₹407cr with EBITDA margins expanding 180bps to 34.9%. Management highlighted a record 900 keys added in FY26 and the launch of the 'Keystone' product portfolio.