Mahindra Holidays and Resorts India Ltd

The new vertical will be operated through its wholly owned subsidiary, Mahindra Hotels and Residences India, under the brand name Mahindra Signature Resorts. The company currently operates in the vacation ownership segment. Its entry into leisure hospitality business is expected to add scale and diversity to its existing business portfolio while enabling it to tap into fast growing categories and customers in the overall tourism sector. The company plans to invest about Rs 1,000 crore in setting up the new business through its subsidiary. Mahindra Signature Resorts will focus on families seeking immersive and sophisticated travel experiences, with a target of scaling the brand to 2,000 keys by FY30. Additionally, the company announced the launch of Keystone, a Privileged Access Program, offering premium benefits like concierge services coupled with flexible and simple membership plans. It also outlined plans for accelerated inventory addition to reach 10,000 keys by FY30, along with a refreshed brand identity that includes rebranding Club Mahindra as Club M. Manoj Bhat, MD & CEO, Mahindra Holidays said, 'For almost three decades, Mahindra Holidays has shaped how Indian families holiday, which gives us a competitive edge. The demand for experiential holidays is rising swiftly due to increasing affluence. We recognize that family extends beyond the traditional sense to encompass meaningful connections and shared experiences. Hence, we are embarking on our two-brand strategy, to gain a leadership position in the leisure market.' Mahindra Holidays & Resorts India (MHRIL) offers quality family holidays primarily through vacation ownership memberships. MHRIL offers a 25/15/10-year membership along with other products ' Bliss, Go Zest, Club Mahindra Fundays for corporates, through its flagship brand Club Mahindra. The company's consolidated net profit jumped 29.6% to Rs 17.85 crore on 6.9% increase in revenue from operations to Rs 717.34 crore in Q2 FY26 over Q2 FY25.Powered by Capital Market - Live

The board of Mahindra Holidays & Resorts India at its meeting held on 19 November 2025 has approved entering into 'Leisure Hospitality' as a new line of business which shall be carried out through a wholly owned subsidiary of the Company viz. Mahindra Hotels and Residences India under the brand name 'Mahindra Signature Resorts'. The company expects to make an initial investment of approximately Rs.1000 crore towards capex and setting up of this business in Mahindra Hotels and Residences India, wholly owned subsidiary of the Company.Powered by Capital Market - Live

Mahindra Holidays & Resorts India has allotted 19,348 equity shares under ESOS on 17 November 2025. With this allotment, the paid up equity share capital has increased to 2,02,03,63,21 equity shares of Rs. 10 each aggregating to Rs.2,02,03,63,210/-.Powered by Capital Market - Live

Net profit of Mahindra Holidays & Resorts India rose 29.63% to Rs 17.85 crore in the quarter ended September 2025 as against Rs 13.77 crore during the previous quarter ended September 2024. Sales rose 6.95% to Rs 717.34 crore in the quarter ended September 2025 as against Rs 670.75 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales717.34670.75 7 OPM %21.2118.29 - PBDT136.10120.60 13 PBT35.5128.12 26 NP17.8513.77 30 Powered by Capital Market - Live

Mahindra Holidays & Resorts India will hold a meeting of the Board of Directors of the Company on 31 October 2025.Powered by Capital Market - Live

Net profit of Mahindra Holidays & Resorts India rose 33.62% to Rs 7.87 crore in the quarter ended June 2025 as against Rs 5.89 crore during the previous quarter ended June 2024. Sales rose 7.43% to Rs 701.40 crore in the quarter ended June 2025 as against Rs 652.86 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales701.40652.86 7 OPM %17.3816.05 - PBDT121.93102.70 19 PBT26.2914.04 87 NP7.875.89 34 Powered by Capital Market - Live

Revenue from operations rose 7.43% YoY to Rs 701.40 crore for the quarter ended 30 June 2025. Profit before tax (PBT) stood at Rs 26.29 crore in Q1 FY26, marking an 87.25% increase from Rs 14.04 crore reported in the same quarter last year. During the quarter, EBITDA grew 16.3% YoY to Rs 161.2 crore, while the EBITDA margin improved to 21.8%, up from 20.2% reported in Q1 FY25. Manoj Bhat, Managing Director and Chief Executive Officer, Mahindra Holidays & Resorts India, said, We have delivered a strong performance this quarter. Our domestic business continues to do very well. Our standalone profit grew by 69% and our PAT margin expanded by 680 bps. Resort performance has been consistent with double-digit revenue growth and sustained occupancy of 85%+ on an expanded inventory base. We have commenced a new expansion project and are focused on achieving our aspiration of 10,000 rooms by FY30. Our strategy of selective member addition while pursuing premiumization is reflected in continued growth in average unit sales realization. Our European operation, HCRO, has improved its performance in a weak seasonal quarter, showing resilience amidst multiple economic headwinds. Our consolidated profits were impacted by adverse currency movements largely due to the sharp movement in the Euro. Despite this, our consolidated profits up by 18% YoY. Mahindra Holidays & Resorts India, India's leading company in the leisure hospitality industry, offers quality family holidays primarily through vacation ownership memberships. While Club Mahindra is the flagship brand, the other brands offered by the company are ' Club Mahindra Fundays and Svaastha Spa. Powered by Capital Market - Live

Mahindra Holidays & Resorts India will hold a meeting of the Board of Directors of the Company on 23 July 2025.Powered by Capital Market - Live

Club Mahindra, the flagship brand of Mahindra Holidays & Resorts India, has announced a ground-breaking initiative with the transformation of its Acacia Palms resort in Goa into an all-women-run property under its portfolio. This initiative marks a historic milestone as Acacia Palms becomes the first resort of its kind across the Club Mahindra Portfolio. The transformation of Acacia Palms into an all-women-run resort underlines Club Mahindra's unwavering commitment to gender diversity, inclusion, and women empowerment in the hospitality industry. From resort operations to the guest services, every aspect of the resort is managed by a team of talented and dedicated women. Many of these employees come from diverse hospitality backgrounds, with several of them stepping into roles for the first time in areas such as security, engineering, general technicians (electrical, mechanical), horticulture, food production and kitchen stewarding. This initiative not only provides them with invaluable opportunities to develop their skills but also empowers them to build meaningful careers and thrive within the hospitality industry. It is also aimed at fostering a more inclusive and equitable workplace while setting a benchmark in the global hospitality industry. Club Mahindra is actively partnering with local women entrepreneurs and artisans to integrate their skills and products into the resort offerings, promoting community upliftment and sustainable development. Powered by Capital Market - Live

The new resort in Andhra Pradesh would mark the company's entry into the State. The other two resorts, opened through inventory partnerships with Richlane Residences and Holiday Inn, respectively, would strengthen the company's presence in Vietnam's Saigon region and Abu Dhabi. Andhra-based Dindi RVR resort features 100 well-appointed rooms, with the first phase of 50 rooms opening for Club Mahindra members in April 2025. The second phase, consisting of an additional 50 rooms, is expected to open by the second quarter of this fiscal year. The Holiday Inn in Abu Dhabi and RichLane Residences in Ho Chi Minh City, Vietnam provide gateway to cities' bustling neighbourhood and attractions. Manoj Bhat, MD & CEO, Mahindra Holidays & Resorts India, said: 'Our new resort in Dindi marks our entry in the state and reinforces our commitment to boost tourism in Andhra Pradesh. RVR Dindi is first in the series of our planned investment in the state. Additionally, we continue to enhance our global footprint with our additions in Vietnam and Abu Dhabi. This expansion aligns with our strategic vision of doubling our room capacity to 10,000 by FY30.' Mahindra Holidays & Resorts India, India's leading company in the leisure hospitality industry, offers quality family holidays primarily through vacation ownership memberships. While Club Mahindra is the flagship brand, the other brands offered by the company are ' Club Mahindra Fundays and Svaastha Spa. Mahindra Holidays & Resorts India is the hospitality arm of the multinational conglomerate group M&M and the business is classified as a 'growth gem' of the group. The company is a leading player in the leisure hospitality industry in India and has established vacation ownership business. As of 31 March 2025, the company had 125 resorts across India & abroad and its subsidiary, Holiday Club Resorts Oy (HCR), Finland, a leading vacation ownership company in Europe has 33 Timeshare Properties (Including 9 Spa Resorts) across Finland, Sweden, and Spain. The scrip fell 1.83% to currently trade at Rs 311.90 on the BSE. Powered by Capital Market - Live