Mahindra Holidays and Resorts India Ltd

The new resort launch aligns with the company's accelerated expansion strategy and its ambition to become India's leading leisure hospitality player, driven by robust resort additions, portfolio premiumisation, and disciplined capital allocation. This marks MHRIL's second resort in Jim Corbett, one of India's most preferred destinations for nature-led travel. The addition supports the company's near-term target of 1,000 room additions by FY26 and its longer-term goal of scaling to 10,000 keys under Club Mahindra and 12,000 keys overall by FY30. Spanning around 10 acres, the 57-room resort combines premium leisure stays with extensive event infrastructure, including large landscaped lawns, a banquet hall, and riverfront access. The property is designed to cater to diverse segments, including holidaying families, destination weddings, and corporate offsites, unlocking multiple revenue streams from a single asset. Manoj Bhat, managing director & chief executive officer, Mahindra Holidays & Resorts India, said, 'Our ambition is to lead leisure hospitality in India, with families at the heart of everything we do. The launch of Nadiya Parao is another step forward in our expansion journey, in a destination where demand is strong and growing. As we expand, we're not just adding resorts; we're delivering superior experience, sharpening execution, and building for the future'. Mahindra Holidays & Resorts India (MHRIL), part of the diversified Mahindra Group, is India's leading leisure hospitality company. Established in 1996, the company pioneered the vacation ownership model in India and has since redefined family holidays through thoughtfully designed resorts, curated experiences, and a commitment to sustainable tourism. The company's consolidated net profit fell 93.6% to Rs 2.23 crore on 10.9% increase in revenue from operations to Rs 752.70 crore in Q3 FY26 over Q3 FY25. Powered by Capital Market - Live

Mahindra Holidays & Resorts India (MHRIL) announced the launch of Club Mahindra Nadiya Parao Resort in Jim Corbett, further strengthening its presence in Uttarakhand. The launch reinforces company's accelerated expansion strategy and is aligned with the company's ambition to become India's #1 leisure hospitality player, driven by robust resort additions, portfolio premiumisation, and disciplined capital allocation. The launch marks MHRIL's second resort in Jim Corbett, thus strengthening its presence in one of India's most preferred destinations for immersive, nature-led travel. The addition is in line with company's near-term target of 1,000 room additions by FY26 and supports its longer-term ambition of scaling to 10,000 keys under Club M and 12,000 keys overall by FY30. Spanning approximately 10 acres, the 57-room resort integrates premium leisure stays with extensive event infrastructure - from large, landscaped lawns to a banquet hall and riverfront access. Powered by Capital Market - Live

Net profit of Mahindra Holidays & Resorts India declined 93.60% to Rs 2.23 crore in the quarter ended December 2025 as against Rs 34.84 crore during the previous quarter ended December 2024. Sales rose 10.95% to Rs 752.70 crore in the quarter ended December 2025 as against Rs 678.43 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales752.70678.43 11 OPM %19.1521.47 - PBDT127.02140.96 -10 PBT22.6047.96 -53 NP2.2334.84 -94 Powered by Capital Market - Live

Mahindra Holidays & Resorts India will hold a meeting of the Board of Directors of the Company on 29 January 2026.Powered by Capital Market - Live

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