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 previous close · figures from the company's filings with NSE

Mahindra Holidays & Resorts India (NSE: MHRIL) had a market capitalisation of ₹3,721 crore at the previous close (₹184.47 a share), a PE ratio of 67.6 on the last four quarters' profit and a price-to-book ratio of 4.70. 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
₹184.47 · previous close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Mahindra Holidays & Resorts India at a glance · consolidated

Market cap
₹3,721 Crat ₹184.47 · previous close
PE ratio (last 4 quarters)
67.653.5 on FY26 profit
Price to book (PB)
4.70book 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 67.6 at the previous close (₹184.47 a share): a market capitalisation of ₹3,721 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 53.5. 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 4.70 at the previous close: a market capitalisation of ₹3,721 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 ₹184.47.

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 ₹3,721 crore at the previous close: 20.17 crore shares at ₹184.47 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 previous close was ₹184.47.

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 ₹3,721 crore at the previous 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.

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%).

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%.

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.

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%).

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.

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. 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.