Mahindra Holidays and Resorts India Ltd

Mahindra Holidays & Resorts India will hold a meeting of the Board of Directors of the Company on 27 April 2026.Powered by Capital Market - Live

The launches are part of Club Mahindra's strategy to develop new destinations and put lesser-known locations on the map for Indian holidaymakers. Backed by robust demand for leisure travel, the company is following a capital-efficient, asset-light model to expand its footprint through a mix of greenfield projects, management contracts, and flexible operating arrangements. With these additions, MHRIL aims to scale its portfolio to 12,000 keys by FY30, strengthening its presence across Western and Central India. Amba Ghat, a scenic mountain passes along the Kolhapur'Ratnagiri route in Maharashtra's Sahyadri ranges, is steadily emerging as a serene hill getaway for travellers seeking nature-led escapes away from crowded tourist circuits. The Amba Ghat resort comprising 96 keys will feature river-facing apartments with the Kadvi River flowing through the property, offering guests a tranquil retreat amid the lush Sahyadri landscape. Bandhavgarh, located in the Vindhya Hills of Madhya Pradesh, is globally renowned for Bandhavgarh National Park, one of the world's premier wildlife tourism destinations and home to the highest density of Bengal tigers. The Bandhavgarh resort with 63 keys will offer an immersive wilderness stay experience with expansive verandas, outdoor decks, and uninterrupted forest views, designed to bring guests closer to the surrounding natural environment. Together, these destinations reflect Club Mahindra's focus on expanding into locations that offer immersive natural experiences for families and leisure travellers. It recently launched Club Mahindra Nadiya Parao, in Uttarakhand and signed a new property in Dapoli, Maharashtra. 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. The scrip shed 0.04% to Rs 258.25 on the BSE. Powered by Capital Market - Live

Mahindra Holidays & Resorts India (MHRIL), India's leading leisure hospitality company, today announced the launch of two new resorts in Club Mahindra Amba Ghat, Maharashtra and Club Mahindra Bandhavgarh, Madhya Pradesh, adding 159 keys to its growing portfolio thus strengthening its presence across Western and Central India. These launches reflect Club Mahindra's broader strategy of pioneering new destinations by bringing lesser-known destinations onto the travel map for Indian holidaymakers. Supported by strong and sustained demand for leisure travel, the company has adopted a capital-efficient, asset-light approach to expand its portfolio through a mix of greenfield developments, management contracts, and other flexible operating models. The additions are aligned with MHRIL's expansion strategy of scaling the portfolio to 12,000 keys by FY30. Commenting on the launch, Manoj Bhat, Managing Director & Chief Executive Officer, Mahindra Holidays & Resorts India Limited, said, Destinations such as Amba Ghat and Bandhavgarh reflect the growing preference for immersive, nature-led experiences among today's travellers. At Club Mahindra, we have always believed in identifying and thoughtfully developing emerging leisure destinations for India's evolving base of holidaying families. As we build for the future, our focus remains on expanding high-quality inventory across diverse locations, while consistently delivering memorable family holiday experiences. This approach continues to guide us in our journey towards becoming India's most trusted leisure hospitality brand'.Powered by Capital Market - Live

Mahindra Holidays & Resorts India (MHRIL) has signed a new resort in Dapoli, near the scenic Murud Beach, further strengthening its presence along Maharashtra's coastline. This addition forms part of the company's FY26-FY30 roadmap, which targets over 10,000 keys under Club Mahindra and an overall portfolio scale of 12,000 keys. Through a combination of new signings, greenfield developments, and management contracts across high-demand tourist corridors, the company is progressing toward its ambition of becoming India's #1 leisure hospitality player. Dapoli strengthens MHRIL's presence in high-growth coastal markets with strong drive-to demand and marks the first of several planned developments along India's western coast. Spread across 13 acres, the upcoming Club Mahindra Dapoli Resort will feature 110 keys, launched in phases. The first phase, comprising 52 keys, is slated for launch in Q1 FY27, with the remaining inventory opening in Q2 FY27. Powered by Capital Market - Live

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