Mahindra Holidays & Resorts India logo

Mahindra Holidays & Resorts India share price

NSE: MHRILBSE: 533088Leisure ServicesSmall Cap

Mahindra Holidays & Resorts India Limited · Face value ₹10 · Listed Jul 2009
Last close ₹184.47up ₹1.22 (0.67%)BSE ₹184.65

Share price at the NSE close on 29 Oct 2026. Previous close ₹183.25.

29 Oct: open ₹184.00, high ₹188.09, low ₹181.74

52-week range of traded prices to 29 Oct 2026
₹180.41Low, 26 Oct 2026₹345.95High, 20 Nov 2025
Market cap
₹3,728 Cr762nd largest listed
P/E
67.68
P/E without one-offs
56.36
P/B
4.71
Dividend yield
Nonein the last 12 months
ROE
7.2%
ROE without one-offs
8.7%
ROCE
8.7%
Debt to equity
1.67
Volume, NSE
2,03,04053.3% delivered

Mahindra Holidays & Resorts India share price chart

Daily closes since Jul 2009, adjusted for splits and bonuses

−44.9%over a year · Nifty 500 −8.4%

Results20-session average 2,33,161 shares a day, 47.9% delivered
Revenue growth, 12 months
+7.4%
Net profit growth, 12 months
−59.0%

Quarter to Sep 2026, against the quarter before

Revenue
₹784 Crup 7.00%
Net profit
₹20 CrQuarter to Jun 2026: −₹8.56 Cr
Net margin
2.5%

Revenue by quarter

₹678 CrDec 24₹779 CrMar 25₹701 CrJun 25₹717 CrSep 25₹753 CrDec 25₹820 CrMar 26₹733 CrJun 26₹784 CrSep 26
Peak revenue ₹820 Cr, quarter to Mar 2026; lowest ₹678 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

  • Net profit
  • Loss
₹35 CrDec 24₹73 CrMar 25₹7.17 CrJun 25₹17 CrSep 25₹1.41 CrDec 25₹41 CrMar 26−₹8.56 CrJun 26₹20 CrSep 26
Back to profit in the quarter to Sep 2026, ₹20 CrA loss in 1 of the 8 quarters shown
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue678779701717753820733784
Net profit3573717141−920
Net margin5.2%9.4%1.0%2.4%0.2%5.1%−1.2%2.5%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • MHRIL₹1,625 Crup 4.08%52.2%
  • HCRO₹1,491 Crup 10.58%47.8%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.Mahindra Holidays & Resorts India PE ratio and valuation

Price to earnings

At or below today's level on 64% of 2,114 trading days over the last 10 years.

LowestHighest
Its median48.85Industry median26.09
Price to book

At or below today's level on 0.1% of 1,983 trading days since Oct 2018.

LowestHighest
Its median15.79Industry median1.60
Dividend yield

At or below today's level on 74% of 2,443 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.51%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−20.6%−45.5%+45.6%0.0%
3 years−5.7%−15.7%+11.8%0.0%
5 years+10.0%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Mahindra Holidays & Resorts India shareholding pattern

Shareholding by group

  • Promoters66.73%
  • Foreign institutions3.41%
  • Indian institutions10.76%
  • Individuals and others18.93%
  • Employee trusts0.18%
Holder
Mahindra and Mahindra LimitedPromoter66.73%
3P INDIA EQUITY FUND 1Alternative investment funds4.21%
GOVERNMENT PENSION FUND GLOBALForeign portfolio investors, category I2.60%
3P INDIA EQUITY FUND 1MAlternative investment funds1.39%
VIJAY KISHANLAL KEDIAResident individuals, over ₹2 lakh at face value1.00%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.60 pts, Indian institutions −0.24 pts, mutual funds −0.24 pts.

Mutual fund holdings

8 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 1 fund that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.

Cut
1
Held unchanged
7
Fund
HDFC Mutual Fund logoHDFC Aggressive Hybrid FundHDFC Mutual Fund30,93,0170.28%₹60.1 Cr
UTI Mutual Fund logoUTI Large & Mid Cap FundUTI Mutual Fund14,20,0970.44%₹27.6 Cr
UTI Mutual Fund logoUTI Aggressive Hybrid FundUTI Mutual Fund12,71,3730.38%₹24.7 Cr
quant Mutual Fund logoquant Small Cap Fundquant Mutual Fund9,99,4120.05%₹19.4 Cr
HDFC Mutual Fund logoHDFC Dividend Yield FundHDFC Mutual Fund9,07,1470.33%₹17.6 Cr
UTI Mutual Fund logoUTI Retirement FundUTI Mutual Fund5,71,1650.24%₹11.1 Cr
quant Mutual Fund logoquant Multi Cap Fundquant Mutual Fund1,99,8820.05%₹3.88 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund1960.01%₹38,000
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Mahindra Holidays & Resorts India insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Directors and key managers: no market trade · 1 off-market move
  • Employees: no market trade · 4 off-market moves
  • Others: no market trade · 6 off-market moves
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Mahindra Holidays & Resorts India competitors and peers

Hotels & Resorts, 73 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Mahindra Holidays & Resorts India in market cap.Consumer services companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Ventive Hospitality logoVentive HospitalityVENTIVE12,576–2.28–––8.4%0.00%
Lemon Tree Hotels logoLemon Tree HotelsLEMONTREE8,82137.576.34+10.5%+9.2%18.4%13.7%0.00%
India Tourism Development Corporation logoIndia Tourism Development CorporationITDC5,21863.4612.34−9.4%+3.5%20.9%20.4%0.48%
Juniper Hotels logoJuniper HotelsJUNIPER4,35926.281.52+11.5%+141.7%5.9%8.9%0.00%
Samhi Hotels logoSamhi HotelsSAMHI3,4576.861.58+11.1%+411.4%30.3%7.8%0.00%
Oriental Hotels logoOriental HotelsORIENTHOT2,86142.543.65+6.9%+36.0%9.1%11.0%0.41%
Apeejay Surrendra Park Hotels logoApeejay Surrendra Park HotelsPARKHOTELS2,15231.641.60+8.2%−34.5%5.2%9.4%0.74%
Brigade Hotel Ventures logoBrigade Hotel VenturesBRIGHOTEL2,01125.442.02––8.3%11.0%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Mahindra Holidays & Resorts India dividend history

Dividend per share, ₹, restated for later splits and bonuses

2.2Mar 172.7Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Highest ₹2.67 a share, year to Mar 2018.
Ex-dateTypePer share
25 Jul 2018Final₹4.00
5 Jun 2017Final₹5.00
21 Jul 2016Final₹5.00
16 Jul 2015Final₹4.00
13 Aug 2014Final₹4.00
11 Jul 2013Final₹4.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Mahindra Holidays & Resorts India announcements

Mahindra Holidays & Resorts India share price by year

Each calendar year to 2025.Mahindra Holidays & Resorts India share price history

YearClose at year endChangeHighest closeLowest close
2025309.20−13.5%379.45284.95
2024357.60−5.6%484.40348.40
2023379.00+40.6%466.75249.45
2022269.55+43.5%294.40187.85
2021187.90+30.9%263.35131.77
2020143.50−5.3%162.0383.20
2019151.53+7.2%167.40124.43
2018141.30−37.3%254.63129.47
2017225.30+27.4%290.07173.31
2016176.91−12.9%221.93149.40
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 2026185.70185.70181.31183.25183.1185,29658.8%
27 Oct 2026182.21187.78182.00184.79185.271,33,09048.2%
26 Oct 2026185.43188.60180.41184.59184.641,24,16247.2%
23 Oct 2026191.00193.40184.00185.47186.912,74,59047.5%
22 Oct 2026193.00198.52190.55191.60194.992,80,80234.8%
21 Oct 2026198.10214.90189.54198.80202.9523,23,1587.0%
19 Oct 2026198.17200.34195.16198.08197.8069,27451.1%
16 Oct 2026198.10202.03197.03200.97200.1746,14254.5%
15 Oct 2026199.68201.62196.55199.48198.6768,79542.3%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
8 Sep 2021Bonus0.6667Holders received 1 bonus share for every 2 held.
10 Jul 2017Bonus0.6667Holders received 1 bonus share for every 2 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
C.P. Gurnani
At the end of the quarter to Sep 2026
Managing director and CEO
Manoj Bhat
At the end of the quarter to Sep 2026
NSE symbol
MHRIL
BSE code
533088
ISIN
INE998I01010
Industry
Leisure Services
CIN
L55101MH1996PLC405715
Corporate identity number, the registrar of companies' code for it
Incorporated
1996
Registered office
Mahindra Towers, 1st floor, A Wing, Dr. G.M. Bhosale Marg, P.K. Kurne Chowk, Worli, Mumbai 400018, Maharashtra
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments