Mahindra Holidays & Resorts India Share Price

Conference Call with Mahindra Holidays & Resorts India Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.

• Trendlyne
• 1 month 1 week ago

The acquisition aligns with Mahindra Holidays' strategy to expand its leisure resorts business, with plans to develop a new resort on the acquired land

• Business Line
• 1 month 1 week ago

Hotels company Mahindra Holidays & Resorts India announced Q4FY26 & FY26 results Q4FY26 Standalone Financial Highlights: Total Income: Rs 40,699.96 lakh for Q4FY26, compared to Rs 39,799.95 lakh in Q4FY25 (up 2.26% YoY) and Rs 41,498.42 lakh in Q3FY26 (down 1.92% QoQ). Profit / (Loss) After Tax: A net loss of Rs 17,826.15 lakh for Q4FY26, compared to a profit of Rs 5,749.38 lakh in Q4FY25 (down 410% YoY) and a profit of Rs 5,493.29 lakh in Q3FY26 (down 424.5% QoQ). Note: This includes a ~Rs 23,369.59 lakh impairment charge towards equity investment in the Mauritius entity. Earnings Per Share (EPS): Basic EPS stood at Rs (8.84) for Q4FY26, compared to Rs 2.85 in Q4FY25 (down 410.1% YoY) and Rs 2.72 in Q3FY26 (down 425% QoQ). EBITDA: Rs 14,210 lakh for Q4FY26, compared to Rs 13,170 lakh in Q4FY25 (up 7.9% YoY). Q4FY26 Consolidated Financial Highlights: Total Income: Rs 84,398.25 lakh for Q4FY26, compared to Rs 80,715.63 lakh in Q4FY25 (up 4.56% YoY) and Rs 78,246.86 lakh in Q3FY26 (up 7.86% QoQ). Profit After Tax (PAT): Rs 4,148.68 lakh for Q4FY26, compared to Rs 7,294.91 lakh in Q4FY25 (down 43.1% YoY) and Rs 140.53 lakh in Q3FY26 (up 2,852% QoQ). Earnings Per Share (EPS): Basic EPS stood at Rs 2.06 for Q4FY26, compared to Rs 3.63 in Q4FY25 (down 43.2% YoY) and Rs 0.11 in Q3FY26 (up 1,772.7% QoQ). FY26 Standalone Financial Highlights: Total Income: Rs 1,61,327.07 lakh for FY26, compared to Rs 1,54,491.02 lakh in FY25 (up 4.42% YoY). Profit After Tax (PAT): Rs 455.04 lakh for FY26, compared to Rs 20,048.43 lakh in FY25 (down 97.73% YoY). Basic EPS: Rs 0.23 for FY26, compared to Rs 9.95 in FY25 (down 97.69% YoY). Cash Flows: Net cash generated from operating activities stood at Rs 32,527.75 lakh for FY26, compared to Rs 44,546.79 lakh for FY25. FY26 Consolidated Financial Highlights: Total Income: Rs 3,11,605.70 lakh for FY26, compared to Rs 2,90,981.16 lakh in FY25 (up 7.09% YoY). Profit After Tax (PAT): Rs 6,699.99 lakh for FY26, compared to Rs 12,594.51 lakh in FY25 (down 46.8% YoY). Basic EPS: Rs 3.45 for FY26, compared to Rs 6.33 in FY25 (down 45.5% YoY). Cash Flows: Net cash generated from operating activities stood at Rs 53,075.66 lakh for FY26, compared to Rs 62,145.97 lakh for FY25. Business Highlights: Inventory Expansion: MHRIL accelerated its inventory expansion with a gross addition of ~900 keys during FY26. In Q4FY26 alone, the inventory expanded by 213 keys, reaching a total of 6,228 keys. Resort Network: Added 7 new managed resorts during the year. In Q4FY26, 3 new managed resorts were added in Dapoli (Maharashtra), North Goa, and Chikkamagaluru (Karnataka). Operational Metrics: Resort occupancy was sustained at 81% for FY26 and 82% for Q4FY26. Average Unit Realisation (AUR), including upgrades, reached Rs 10.1 lakh for FY26 (up 77% YoY) and Rs 14.1 lakh for Q4FY26 (up 83% YoY). Member Base: The cumulative member base stood at 3,03,906. Membership upgrades reached Rs 292 crore in FY26 (up 17% YoY). Acquisition: The Board approved the 100% acquisition of Aditatva Estates Private Limited for a cash consideration of Rs 37.5 crore. Aditatva owns a ~50 acre coffee plantation in Chikmagalur, Karnataka, which MHRIL intends to utilize for leisure resort development. Financial Position: Deferred Revenue stands at Rs 5,779 crore and Cash at Rs 1,446 crore as on March 31, 2026. Manoj Bhat, Managing Director and Chief Executive Officer, Mahindra Holidays & Resorts India, said: "In our India business, we continued to execute on all aspects of our growth strategy. Network expansion with enhanced quality accelerated with 7 new managed resort additions during the year. Resort revenue continues its double-digit growth trajectory while utilization sustained at 80%+ levels. In our premiumization journey, strong reception of our new product KEYSTONE has led to robust growth in upgrades, combined with higher average unit sales realization this quarter. Our profit growth has been robust with FY26 standalone profit excluding one off growing by 22% and our margin expanding by 220 basis points." “Our international operations continued to be impacted by geo-political headwinds, a slowdown in the Finnish economy and adverse weather conditions during the year. In FY26 we also saw one time impacts due to the labour code implementation in India and forex loss due to the depreciation of the rupee in our international operations. The management team is focused on improving the operating performance of our international operations in the coming quarters.” Result PDF

• Trendlyne
• 1 month 1 week ago