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Mahindra Holidays & Resorts India Ltd share Price Today

Company details

441.00
449.65
320.55
505.00
6M Return 11.72%
1Y Return 45.38%
Mkt Cap.(Cr) 9,028.26
Volume 101,396
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 101,396

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Hotels company Mahindra Holidays & Resorts India announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

Consolidated:

  • Total Income at Rs 828 crore ( 13% YoY).
  • EBITDA at Rs 211 crore ( 8% YoY)
  • PBT at Rs 102 crore ( 28% YoY); PBT Margin at 12.3% { 140 bps YoV)

Standalone:

  • Total Income at Rs 378 crore ( 14% YoY)
  • EBITDA at Rs 96 crore ( 14% YoY); EBITDA Margin at 25.4% ( 20 bps YoY)
  • PBT at Rs 47 crore ( 23% YoY); PBT Margin at 12.5% ( 100 bps YoY)
  • PAT at Rs 35 crore ( 25% YoY); PAT Margin at 9.4% ( 90 bps YoY)
  • Resort Income at Rs 86 crore

FY24 Financial Highlights:

Consolidated:

  • Highest ever Total Income at Rs 2,810 crore
  • Highest ever EBITDA at Rs 623 crore
  • PBT at Rs 154 crore

Standalone:

  • Total Income at Rs 1,424 crore ( 12% YoY)
  • EBITDA at Rs 406 crore ( 15% YoY); EBITDA Margin at 28.5% ( 90 bps YoY)
  • PBT at Rs 213 crore ( 16% YoY); PBT Margin at 15% ( 60 bps YoY)
  • PAT at Rs 158 crore ( 16% YoY); PAT Margin at 11.1% ( 50 bps YoY)
  • Resort Income at Rs 337 crore
  • Deferred Revenue stands at Rs 5,595 crore ( up by Rs 269 crore YoY)
  • Cash position at Rs 1,383 crore as on 3i5t March'24. Income Tax Refund received of Rs 66 crore. (includes interest of Rs 6.5 crore) 

Commenting on the performance, Kavinder Singh, Managing Director and Chief Executive Officer, Mahindra Holidays & Resorts India said, "We have achieved exceptional results in FY24 with highest ever Total Income, Resort Income, EBITDA, PBT & PAT along with improved profit margins on VoV basis.

Our consistent delivery of immersive family vacation experiences helped us cross a significant milestone of adding ~20,000 members and reach a cumulative member base of 2.98 Lakhs. We have also accelerated our inventory additions & have expanded the inventory base by 387 keys to 5327 keys."

Commenting on European operations, He added, "Holiday Club Resorts {HCR), our European Subsidiary, has delivered robust Q4 performance, achieving an operating profit of €6.8 Mn in Q4 leading to a full-year operating profit of€ 5.0 million, despite the adverse macroeconomic situation.

Further highlighting Consolidated FY24 performance, he elaborated, Overall, Total Income & Operating profit, excluding one-offs, is the highest ever in our history."

Result PDF

View Other Company Results

Mahindra Holidays & Resorts India Ltd shares SWOT Analysis

Strengths (7)

  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)

Weakness (3)

  • MFs decreased their shareholding last quarter
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (1)

  • Negative to Positive growth in Sales and Profit with Strong Price momentum

Threats (2)

  • High PE (PE > 40)
  • Red Flag: Resignation of Top Management

Resistance and support

R1 450.8
R2 454.6
R3 459.5
Pivot

445.90

S1 442.2
S2 437.3
S3 433.5
EMA SMA
447.5
434.2
421.5
402.2
457.7
427.2
416.4
409.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
UNIFI CAPITAL PRIVATE LIMITED Bulk Purchase 2020-11-19 183 1550000 NSE
PPFAS MUTUAL FUND Bulk Sell 2020-11-19 183.04 2130236 NSE
ICICI SECURITIES LIMITED ERRORS EXCEPTION Bulk Purchase 2017-03-10 414 3000000 BSE
Name Category Shares
MAHINDRA & MAHINDRA LIMITED PROMOTER 66.77%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
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Debt/Equity
P BV

Mahindra Holidays & Resorts India Ltd Stocks COMPARISON

Financials( in Cr) Mahindra Holidays & Resorts India Ltd Indian Hotels Co Ltd EIH Ltd Chalet Hotels Ltd Lemon Tree Hotels Ltd
Price 447.05 586.85 414.50 780.65 145.63
% Change -1.27 -3.77 -2 -7.23 -0.70
Mcap Cr 9,028.26 83,534.11 25,921.34 17,025.98 11,537.48
Revenue TTM Cr 2,704.60 6,768.75 2,018.81 1,128.47 874.99
Net Profit TTM Cr 116.06 1,201.59 329.10 183.29 140.54
PE TTM 82.32 67.19 40.11 61.36 77.91
1 Year Return 45.38 52.49 101.61 73.27 61.54
ROCE 4.26 15.92 15.77 9.13 11.51
ROE -24.85 13.69 11.89 10.90 14.39
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 524.07 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 21,424.68 50,451.86
LAST 3M 101,404.97 51,097.20
LAST 6M 186,293.66 40,305.54
LAST 12M 309,547.75 87,515.42

Mahindra Holidays & Resorts India Ltd Information

Stock PE (TTM)
82.32
Promoter Holding
66.77%
Book Value
-20.1274
ROCE
4.26%
ROE
-24.85%
Description
  • Mahindra Holidays & Resorts India Ltd is the leisure and hospitality arm of the Mahindra Group. The company offers holiday options mainly through its vacation ownership membership plans. The company was registered in Chennai, Tamil Nadu, as a private limited company on 20 September 1996. It was converted into a public limited company in 1998. MHRIL has its head office in Mumbai, Maharashtra.

    The company is listed on NSE with the code MHRIL and on BSE with the code 533088. As of 16 December 2022, the company’s shares closed at Rs 274.50 on the NSE and at Rs 275 on the BSE. According to NSE data, the market capitalisation of Mahindra Holidays & Resorts India Ltd on the above-mentioned date was Rs 5,521 crore. With respect to that day, the share’s 52-week high and low prices on the NSE were Rs 313.60 and Rs 185.60, respectively.

    Financial statements issued by Mahindra Holidays & Resorts India Ltd show that its revenue grew from Rs 1,729 crore in FY 2021 to Rs 2,013 crore in FY 2022. The company had a net loss of Rs 14 crore in FY 2022, while it posted a net profit of Rs 67 crore in FY 2022.

    Mahindra & Mahindra Ltd is listed as the company’s sole promoter. Its stake in MHRIL in the September 2022 quarter was 67.08%. During this quarter, mutual funds had a combined 7.94% stake in the company, down from 9.11% held in the previous quarter. Foreign institutional investors had a total 5.07% holding in MHRIL this quarter, which was greater than the 4.91% stake held in the preceding three months. During the September 2022 quarter, other domestic institutional investors had a 0.68% stake, while the remaining 19.54% was held by retail and other investors.

    Arun Nanda is the chairperson of Mahindra Holidays and Resorts India Ltd, while Kavinder Singh is its executive director & CEO. Its non-executive independent directors include Rohit Khattar, Sangeeta Talwar, Diwakar Gupta, Sanjeev Aga, and Rajat Jain. Its non-executive non-independent directors include Anish Shah and Ruzbeh Irani.

    Peers of the company include Indian Hotels Company Ltd, EIH Ltd, India Tourism Development Corporation Ltd, and Chalet Hotels Ltd, among others.

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

Mahindra Towers 2nd Floor, No 17/18 Patullos Road, Chennai, Tamil Nadu, 600002

Tel : 91-44-39881000
Email : investors:mahindraholidays.com, memberrelations:cl
Website : http://www.clubmahindra.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 533088
NSE Code : MHRIL
Book Closure Date (Month) :
BSE Group : A
ISIN : INE998I01010

FAQ’s on Mahindra Holidays & Resorts India Ltd Shares

You can buy Mahindra Holidays & Resorts India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Mahindra Holidays & Resorts India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 16, 2024 03:59 PM the closing price of Mahindra Holidays & Resorts India Ltd was Rs.447.05.

The latest PE ratio of Mahindra Holidays & Resorts India Ltd as of Jul 16, 2024 03:59 PM is 82.32

The latest PB ratio of Mahindra Holidays & Resorts India Ltd as of Jul 16, 2024 03:59 PM is -0.05

The 52-week high of Mahindra Holidays & Resorts India Ltd share price is Rs. 505.00 while the 52-week low is Rs. 320.55

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 16, 2024 03:59 PM, the market cap of Mahindra Holidays & Resorts India Ltd stood at Rs. 9,028.26 Cr.

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