Mahindra Holidays & Resorts India Limited
Mahindra Holidays & Resorts India Limited operates in Hotels & Resorts, part of the Consumer Discretionary sector. It booked ₹733 cr of revenue in its latest quarter (Q1 FY27) and kept -1.2% of sales as profit.
| Segment | FY20 | FY21 | FY22 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| MHRIL | 3,465 | 912 | 1,079 | 1,448 | 1,562 | 1,625 | 43% → 52% |
| HCRO | 4,595 | 931 | 1,093 | 1,373 | 1,348 | 1,491 | 57% → 48% |
| Other unallocable income | 8 | — | — | — | — | — | — |
| Total | 8,068 | 1,843 | 2,172 | 2,821 | 2,910 | 3,116 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 39% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 187–421 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 27
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in MHRIL?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹733 cr |
| Other Income | ₹41 cr |
| Total Income | ₹774 cr |
| Cost of Materials | ₹0 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Employee Benefit Expense | ₹223 cr |
| Finance Costs | ₹47 cr |
| Depreciation & Amortisation | ₹109 cr |
| Other Expenses | ₹397 cr |
| Total Expenses | ₹776 cr |
| Profit before Tax | ₹-3 cr |
| Tax Expense | ₹5 cr |
| Share of JV / Associates | ₹-25.8 L |
| Net Profit | ₹-9 cr |
| Net margin on total income | -1.1% |
The company made a net loss of ₹9 cr this quarter — income covered only ₹99 of every ₹100 it spent on costs and tax.
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 753 cr | 820 cr | 733 cr |
| Total income | 782 cr | 844 cr | 774 cr |
| Expenses | 760 cr | 779 cr | 776 cr |
| Profit before tax | 11 cr | 65 cr | -3 cr |
| Tax | 10 cr | 24 cr | 5 cr |
| Net profit (owners' share) | 2 cr | 42 cr | -9 cr |
| Net margin (owners' share, on revenue) | 0.3% | 5.1% | -1.2% |
| EPS (₹) | 0.11 | 2.06 | -0.43 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| The Indian Hotels Company Limited | ₹727 | ₹1.03 L cr | 72.4 | 11.0% | 15.3% | — |
| ITC Hotels Limited | ₹154 | ₹32,147 cr | 44.3 | 6.2% | 19.3% | — |
| EIH Limited | ₹300 | ₹18,754 cr | 40.1 | 8.9% | 17.8% | — |
| Chalet Hotels Limited | ₹842 | ₹18,446 cr | 53.6 | 9.3% | 16.8% | — |
| Leela Palaces Hotels & Resorts Limited | ₹530 | ₹17,700 cr | 90.8 | 3.0% | 13.9% | — |
| Ventive Hospitality Limited | ₹562 | ₹13,119 cr | 40.6 | 5.9% | 14.9% | — |
| Lemon Tree Hotels Limited | ₹104 | ₹8,240 cr | 44.9 | 13.2% | 13.4% | — |
| India Tourism Development Corporation Limited | ₹663 | ₹5,684 cr | 150.6 | 8.4% | 9.9% | — |
| Juniper Hotels Limited | ₹215 | ₹4,794 cr | 36.1 | 4.6% | 13.3% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Bonus issue | 2:1 | 8 Sep 2021 |
| Dividend | ₹4 / share | 25 Jul 2018 |
| Bonus issue | 2:1 | 10 Jul 2017 |
| Dividend | ₹5 / share | 5 Jun 2017 |
| Dividend | ₹5 / share | 21 Jul 2016 |
| Dividend | ₹4 / share | 16 Jul 2015 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 14 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.