Mumbai : Mahindra Holidays & Resorts India Ltd. (‘Company’), India’s leading leisure hospitality provider, reported its standalone and consolidated financials for the quarter ending 30th June 2025.
Highlights
- Strong growth in resort revenue*, Rs 114 Cr (+10% YoY)
- New expansion project commenced at Puducherry. 5 ongoing greenfield / brownfield projects progressing well.
- Inventory base of 5794 keys across 126 resorts
- Resort occupancy of 85.4% on expanded inventory base
- Fourteen resorts awarded the TripAdvisor travelers choice award
- Membership Sales Valueat Rs. 127 Cr, Average Unit Realization (AUR) at Rs 8.3L (+69% YoY)
- Rolled out digital engagement tool for assisted selling, delivering enhanced membership buying experience
- Cash Position at Rs. 1576 Cr as on 30th Jun’25 (+10% YoY)
- Deferred Revenue stands at Rs. 5,755 Cr
Note: *- Includes all subsidiaries except HCRO
MHRIL Standalone (Under Indian Accounting Standards)
| Particulars (In Rs Cr) | Q1 FY26 | Q1 FY25 | YoY | |
| Total Income | 410.6 | 384.4 | 7% | |
| EBITDA | 160.9 | 113.5 | 42% | |
| PBT | 102.7 | 61.2 | 68% | |
| PAT | 76.2 | 45.2 | 69% | |
| PAT excl. forex impact | 74.4 | 45.6 | 63% | |
| MHRIL Consolidated (Under Indian Accounting Standards) | ||||
| Particulars (In Rs Cr) | Q1 FY26 | Q1 FY25 | YoY | |
| Total Income | 740.2 | 686.1 | 8% | |
| EBITDA | 161.2 | 138.6 | 16% | |
| PBT | 26.3 | 14.0 | 87% | |
| PAT | 7.2 | 6.1 | 18% | |
| PAT excl. forex impact | 35.3 | 2.7 | ++ | |
Commenting on the performance, Manoj Bhat, Managing Director and Chief Executive Officer, Mahindra Holidays & Resorts India Ltd., 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 reflects 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”
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