Mahindra Holidays & Resorts India Limited
191.25
INR
-8.90
(-4.45%)
ISIN
INE998I01010
Return %
Stock
S&P 500
1Y
-43.57
14.20
3Y
-57.12
81.12
5Y
-22.88
68.34
Capital Structure
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INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Manoj Bhat
- Full Time Employees
- 7,592
- Sector
- Consumer services
- Industry
- Other consumer services
- Address
- Mahindra Towers Mumbai MA India 400 018
- IPO Date
- Jul 16, 2009
- Website
- clubmahindra.com
- Similar Companies
- Business
- Mahindra Holidays & Resorts India Limited (MHRIL), a subsidiary of Mahindra & Mahindra Limited within the Mahindra Group's leisure and hospitality sector, provides family vacation ownership memberships through its flagship Club Mahindra brand (CMH25), entitling members to annual week-long holidays for 25 years at over 140 resorts in India and abroad; offers additional accommodation services, adventure activities including bird watching, camping, rappelling, kids clubs, ayurvedic spas, and evening entertainment; and operates subsidiaries such as Holiday Club Resorts Oy in Finland, Holiday Club Sweden AB, and Holiday Club Canarias Resort Management S.L. in Spain. Resorts span diverse Indian destinations like hill stations in Himachal Pradesh and Manali, beaches in Goa, backwaters in Kerala, wildlife sanctuaries, forts, heritage sites in Rajasthan and Gujarat, and international locations including Thailand, Indonesia, Malaysia, Dubai, Sri Lanka, Maldives, Nepal, Finland, Sweden, and Spain. Founded in 1996 and headquartered in Mumbai with key operations from Chennai, the company serves over 300,000 members targeting family leisure travelers across India, Asia, Europe, and the Middle East. MHRIL pursues aggressive expansion with a target of 10,000 rooms by fiscal 2030 from approximately 5,700 keys across 126 resorts as of mid-2025, planning to add 850-1,000 rooms in fiscal 2026 via greenfield developments, brownfield expansions, and acquisitions; inks major MOUs including Rs 1,000 crore investments for 4-5 marquee resorts in Uttarakhand and Rs 800 crore for three greenfield resorts in Tamil Nadu; launches three new resorts in Chumbi Valley (Sikkim), Bharatpur (Rajasthan), and Pavagadh (Gujarat); enters luxury leisure hospitality under the new Mahindra Signature Resorts brand with Rs 1,000 crore initial capex aiming for 2,000 keys by fiscal 2030 and first property in fiscal 2027; introduces the Keystone Privileged Access Program and rebrands Club Mahindra as Club M to premiumize offerings amid India's post-COVID tourism growth.