Mahindra Holidays & Resorts India financials

·Consumer ServicesChart ›
Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹784cr+9.3% on Q2 FY26
Net profit
₹19.7cr+16.4% on Q2 FY26
EBITDA margin
20.3%−1.0 pts on Q2 FY26
EPS
₹0.99+11.2% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue784717+9.3%
EBITDA159153+4.4%
EBITDA margin20.3%21.3%−1.0 pts
Profit before tax35.036.1−3.2%
Net profit19.716.9+16.4%
EPS₹0.99₹0.89+11.2%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹784 crNet profit₹19.7 crNet margin2.5%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
3,720————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
842703766753650
5.65.88.39.38.8
1,2341,2349872,7382,623
4,118————
3,0902,9922,7812,7052,517
—+7.6%+2.8%+7.5%—
614617579514472
19.9%20.6%20.8%19.0%18.7%
185207213177182
54.167.0126116114
1.7%2.2%4.5%4.3%4.5%
₹2.73₹3.45₹6.33₹5.73₹5.71
—−45.5%+10.4%+0.3%—
—531621624681
—−421−326−338−261
110110295287420
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

MHRIL₹184.47

Mahindra Holidays & Resorts India Limited

· Consumer Services
₹ CrorePeersJUNIPERITDCORIENTHOTBRIGHOTELTAJGVKEIHAHOTELSVENTIVEASIANHOTNRMcap ₹3,720 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————3,720.3
- Cash, Equiv & ST Investments650.0753.2765.7702.6842.4
+ Minority Interest8.89.38.35.85.6
+ Total Debt2,622.62,738.3987.51,234.01,234.0
Enterprise Value————4,117.6
Revenue2,517.02,704.62,780.92,991.73,089.9
Growth %, YoY—+7.5+2.8+7.6—
EBITDA471.6513.9578.8616.6613.6
Margin %18.7419.0020.8120.6119.86
EBIT181.6177.3212.8207.3184.6
Net Income113.8116.1125.967.054.1
Margin %4.524.294.532.241.75
EPS, Adj (current shares)5.715.736.333.452.73
Growth %, YoY—+0.3+10.4-45.5—
Cash from Operations681.4624.3621.5530.8—
Capital Expenditures-261.3-337.8-326.3-420.6—
Free Cash Flow420.1286.5295.1110.1110.1
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Mahindra Holidays & Resorts India financials and key ratios

Prices at the 30 October 2026 close · figures from the company's filings with NSE

Mahindra Holidays & Resorts India (NSE: MHRIL) had a market capitalisation of ₹3,600 crore at the 30 October 2026 close (₹178.47 a share), a PE ratio of 65.4 on the last four quarters' profit and a price-to-book ratio of 4.55. In FY26 its consolidated net profit was ₹69.5 crore on revenue of ₹2,992 crore; in Q2 FY27 (July–September 2026) it was ₹20 crore, up 4.6% year on year. Its debt-to-equity ratio was 1.67 on 30 September 2026. Promoters held 66.73% of the shares on 30 September 2026.

Share price used
₹178.47 · 30 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Mahindra Holidays & Resorts India at a glance · consolidated

Market cap
₹3,600 Crat ₹178.47 · 30 Oct close
PE ratio (last 4 quarters)
65.451.8 on FY26 profit
Price to book (PB)
4.55book value ₹39.24 a share
ROE (FY26)
8.9%−10.6 pts vs FY25ROCE 2.4%
Debt to equity
1.67net debt ₹472 Cr
Promoter holding
66.73%unchanged vs 30 Jun 202630 September 2026
Net worth
₹792 Cr+8.1% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
₹110 Cr−62.7% vs FY25
EPS (FY26)
₹3.45

Questions

What is the Mahindra Holidays & Resorts India PE ratio today?

Mahindra Holidays & Resorts India's PE ratio is 65.4 at the 30 October 2026 close (₹178.47 a share): a market capitalisation of ₹3,600 crore divided by consolidated net profit of ₹55.1 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹69.5 crore) it is 51.8. These four quarters include net exceptional items of −₹11.1 crore (one-off charges reported separately), so the ratio on recurring profit would differ.

What is the Mahindra Holidays & Resorts India PB ratio (price to book value)?

Mahindra Holidays & Resorts India's price-to-book (PB) ratio is 4.55 at the 30 October 2026 close: a market capitalisation of ₹3,600 crore divided by shareholders' equity (book value) of ₹792 crore on 30 September 2026. That is a book value of ₹39.24 per share against a share price of ₹178.47.

What is the Mahindra Holidays & Resorts India ROE and ROCE?

In FY26, Mahindra Holidays & Resorts India's return on equity (ROE) was 8.9% and its return on capital employed (ROCE) was 2.4%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 19.6% and ROCE 2.7%.

What is the Mahindra Holidays & Resorts India market cap?

Mahindra Holidays & Resorts India's market capitalisation was ₹3,600 crore at the 30 October 2026 close: 20.17 crore shares at ₹178.47 each.

What is the Mahindra Holidays & Resorts India debt to equity ratio?

Mahindra Holidays & Resorts India's debt-to-equity ratio was 1.67 on 30 September 2026: borrowings of ₹1,333 crore against total equity of ₹797 crore. A year earlier, on 30 September 2025, it was 1.58.

What is the Mahindra Holidays & Resorts India EPS?

Mahindra Holidays & Resorts India's basic earnings per share (EPS) were ₹3.45 in FY26, against ₹6.33 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹2.73.

Is Mahindra Holidays & Resorts India debt free?

No. Mahindra Holidays & Resorts India had borrowings of ₹1,333 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.67. Its cash and current investments were ₹861 crore, so its net debt was ₹472 crore.

What is the Mahindra Holidays & Resorts India book value per share?

Mahindra Holidays & Resorts India's book value per share was ₹39.24 on 30 September 2026: shareholders' equity of ₹792 crore divided by the 20.17 crore shares in issue, up 8.1% from ₹36.31 a year earlier. The share price at the 30 October 2026 close was ₹178.47.

What is the Mahindra Holidays & Resorts India promoter holding?

Promoters held 66.73% of Mahindra Holidays & Resorts India on 30 September 2026, unchanged from the previous quarter and down 0.01 percentage points from 66.74% a year earlier, according to the shareholding pattern filed with NSE.

What is the Mahindra Holidays & Resorts India net worth?

Mahindra Holidays & Resorts India's net worth — shareholders' equity in its consolidated balance sheet — was ₹792 crore on 30 September 2026, up 8.1% from ₹732 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹3,600 crore at the 30 October 2026 close.

What is the Mahindra Holidays & Resorts India free cash flow?

In FY26, Mahindra Holidays & Resorts India generated ₹531 crore of cash from operations and spent ₹421 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹110 crore. In FY25 it was ₹295 crore.

What are the Mahindra Holidays & Resorts India latest quarterly results?

Mahindra Holidays & Resorts India's latest results are for Q2 FY27 (July–September 2026), filed on 21 October 2026: consolidated net profit ₹20 crore, up 4.6% from ₹19.1 crore in Q2 FY26; revenue from operations ₹784 crore, up 9.3% year on year.

What is the Mahindra Holidays & Resorts India shareholding pattern?

On 30 September 2026, Mahindra Holidays & Resorts India's shares were held by promoters 66.73%, foreign portfolio investors (FII/FPI) 3.41%, domestic institutions (DII) 10.76% (including mutual funds at 4.19%) and retail and other non-institutional investors 18.93%. Over the year, FII holding was down 2.03 percentage points from 5.44% and DII holding was up 0.75 percentage points from 10.01%.

How does Mahindra Holidays & Resorts India compare with its peers?

On FY26 consolidated figures, against Juniper Hotels, India Tourism Development Corporation and Oriental Hotels: Mahindra Holidays & Resorts India's operating margin of 6.9% is the lowest of the four (Juniper Hotels 29.6%, India Tourism Development Corporation 15.8%, Oriental Hotels 19.8%; peer average 21.8%); its return on equity of 8.9% is the third highest of the four (Juniper Hotels 5.1%, India Tourism Development Corporation 21.6%, Oriental Hotels 12.7%; peer average 13.1%).

How does the Mahindra Holidays & Resorts India PE ratio compare with its peers?

At the 30 October 2026 closing prices, on FY26 net profit, Mahindra Holidays & Resorts India's PE ratio is 51.8, the second highest of the four: Juniper Hotels 30.8, India Tourism Development Corporation 59.5 and Oriental Hotels 31.4, a peer average of 40.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.

What is the Mahindra Holidays & Resorts India revenue and profit in FY26?

In FY26 (April 2025–March 2026), Mahindra Holidays & Resorts India's consolidated net profit was ₹69.5 crore, down 45.5% from ₹128 crore in FY25, on revenue from operations of ₹2,992 crore (up 7.6%). Over three years, from FY23, net profit was down 39.6%.

When are the Mahindra Holidays & Resorts India next results?

Mahindra Holidays & Resorts India has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

Mahindra Holidays & Resorts India vs Juniper Hotels: how do they compare?

In FY26, Mahindra Holidays & Resorts India earned net profit of ₹69.5 crore on revenue of ₹2,992 crore, against ₹142 crore on ₹1,048 crore for Juniper Hotels. Mahindra Holidays & Resorts India's operating margin was 6.9% (Juniper Hotels 29.6%) and its return on equity 8.9% (Juniper Hotels 5.1%). At the 30 October 2026 close, Mahindra Holidays & Resorts India's market capitalisation was ₹3,600 crore against ₹4,364 crore for Juniper Hotels, and its PE ratio on FY26 profit 51.8 against 30.8.

Where do these Mahindra Holidays & Resorts India figures come from?

From Mahindra Holidays & Resorts India's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.