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Change
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Day Open
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Day High
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NSE Close — 28 Sep 2026
₹195.92
Change
-4.08 (-2.04%)
Open
₹200.7
Prev. Close
₹200.0
Day High
₹200.7
Day Low
₹194.0
Volume Analysis
Traded
201,611
Delivered
21,491
Delivery %
48.8%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Strong operating margin (20.0%)
Weaknesses (3)
- •High debt-to-equity ratio (4.92)
- •Low return on equity (9.9%)
- •Below-average fundamentals quality score (31/100)
Opportunities (0)
No signal for this stock
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹206.44 | ₹203.57 | ₹199.74 | ₹196.87 | ₹193.04 | ₹190.17 | ₹186.34 |
| Fibonacci | ₹203.57 | ₹201.01 | ₹199.43 | ₹196.87 | ₹194.31 | ₹192.73 | ₹190.17 |
| Camarilla | ₹197.76 | ₹197.15 | ₹196.53 | ₹196.87 | ₹195.31 | ₹194.69 | ₹194.08 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-36.47%
1 Week
-2.71%
1 Month
-7.32%
3 Months
-17.7%
6 Months
-19.77%
1 Year
-42.73%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹54.59
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
6.57%
Net margin 1.69% × asset turnover 0.27x × equity multiplier 14.39x
Company Overview
Sector
Consumer Services
Market Cap
₹4,047 Cr
P/E (TTM)
86.5
ROE
9.9%
Book Value
₹38.5
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 25 Sep 2026. Not investment advice.
TopFund Analysis
Mahindra Holidays Ltd scores weakly on TopFund's composite fundamentals check within the Consumer Services sector, at 31/100. The strongest factor is Risk & Volatility (78/100), while Financial Strength (0/100) is the weakest area to weigh before deciding. Notably: Strong operating margin (20.0%); high debt-to-equity ratio (4.92); low return on equity (9.9%). FII holding has been falling.
TopFund Score — Fundamentals Quality
31/100 — WeakData confidence: 78/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 28 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- −Stock is trading at 5.19 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of 11.6% over past five years.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Allotment of shares pursuant to exercise of ESOPs.
Received GST show cause notice demanding Rs. 9.78 crore for FY23.
CGST audit issued SCN for ₹11.34 crore over FY21-FY24, mainly on alleged GST short-payment.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 614 | 655 | 635 | 800 | 653 | 671 | 678 | 779 | 701 | 717 | 753 | 820 | 733 |
| Expenses + | 530 | 520 | 530 | 613 | 548 | 548 | 533 | 575 | 579 | 565 | 609 | 623 | 620 |
| Operating Profit | 84 | 136 | 105 | 187 | 105 | 123 | 146 | 204 | 122 | 152 | 144 | 197 | 113 |
| OPM % | 13.66% | 20.69% | 16.56% | 23.42% | 16.05% | 18.29% | 21.47% | 26.24% | 17.38% | 21.21% | 19.16% | 24.04% | 15.36% |
| Other Income + | 38 | 17 | 32 | 30 | 33 | 35 | 32 | 28 | 39 | 32 | 19 | 24 | 41 |
| Interest | 32 | 33 | 45 | 22 | 35 | 38 | 37 | 38 | 39 | 48 | 47 | 47 | 47 |
| Depreciation | 81 | 84 | 86 | 86 | 89 | 92 | 93 | 92 | 96 | 101 | 104 | 109 | 109 |
| Profit before tax | 9 | 35 | 6 | 109 | 14 | 28 | 48 | 102 | 26 | 36 | 12 | 65 | -3 |
| Tax % | 89.68% | 39.46% | -67.14% | 23.74% | 56.7% | 59.14% | 26.14% | 28.77% | 72.73% | 52.28% | 87.78% | 36.48% | 168.03% |
| Net Profit + | 1 | 21 | 11 | 83 | 6 | 11 | 35 | 73 | 7 | 17 | 1 | 41 | -9 |
| EPS in Rs | 0 | 1 | 1 | 4 | 0 | 1 | 2 | 4 | 0 | 1 | 0 | 2 | 0 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 812 | 1,602 | 2,267 | 2,317 | 2,239 | 2,372 | 1,730 | 2,013 | 2,517 | 2,705 | 2,781 | 2,992 | 3,023 |
| Expenses + | 623 | 1,329 | 1,932 | 1,948 | 2,055 | 1,996 | 1,489 | 1,691 | 2,036 | 2,182 | 2,194 | 2,360 | 2,417 |
| Operating Profit | 189 | 273 | 335 | 369 | 184 | 375 | 241 | 323 | 481 | 522 | 587 | 632 | 606 |
| OPM % | 23.0% | 17.0% | 15.0% | 16.0% | 8.0% | 16.0% | 14.0% | 16.0% | 19.0% | 19.0% | 21.0% | 21.0% | 20.0% |
| Other Income + | -4 | -4 | 27 | 34 | 55 | 58 | 116 | 163 | 106 | 114 | 129 | 113 | 116 |
| Interest | 11 | 25 | 32 | 86 | 40 | 85 | 91 | 105 | 126 | 140 | 157 | 197 | 189 |
| Depreciation | 66 | 98 | 106 | 100 | 101 | 247 | 264 | 271 | 290 | 337 | 366 | 409 | 423 |
| Profit before tax | 107 | 146 | 224 | 217 | 98 | 101 | 2 | 111 | 171 | 160 | 193 | 139 | 109 |
| Tax % | 25.0% | 38.0% | 35.0% | 39.0% | 39.0% | 232.0% | 667.0% | 39.0% | 33.0% | 27.0% | 35.0% | 52.0% | — |
| Net Profit + | 81 | 90 | 146 | 133 | 60 | -134 | -14 | 68 | 114 | 116 | 126 | 67 | 51 |
| EPS in Rs | 4 | 4 | 7 | 7 | 3 | -7 | -1 | 3 | 6 | 6 | 6 | 3 | 3 |
| Dividend Payout % | 43.0% | 51.0% | 30.0% | 40.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 637 | 418 | 509 | 579 | 149 | -87 | -48 | 50 | 189 | 323 | 500 | 576 |
| Borrowings + | 124 | 705 | 774 | 810 | 830 | 2,434 | 2,487 | 2,567 | 2,623 | 2,738 | 3,131 | 3,829 |
| Other Liabilities + | 1,981 | 2,415 | 2,587 | 2,984 | 5,932 | 6,167 | 5,748 | 5,805 | 6,085 | 6,367 | 6,562 | 6,586 |
| Total Liabilities | 2,830 | 3,625 | 3,959 | 4,505 | 7,044 | 8,648 | 8,319 | 8,621 | 9,098 | 9,629 | 10,394 | 11,193 |
| Fixed Assets + | 1,032 | 1,339 | 1,273 | 1,459 | 2,439 | 3,862 | 3,971 | 4,186 | 4,418 | 4,589 | 5,003 | 5,741 |
| CWIP | 95 | 75 | 171 | 112 | 227 | 250 | 124 | 122 | 182 | 244 | 407 | 361 |
| Investments | 143 | 61 | 104 | 453 | 324 | 406 | 77 | 306 | 573 | 675 | 753 | 695 |
| Other Assets + | 1,561 | 2,150 | 2,411 | 2,481 | 4,055 | 4,129 | 4,147 | 4,007 | 3,924 | 4,122 | 4,231 | 4,398 |
| Total Assets | 2,830 | 3,625 | 3,959 | 4,505 | 7,044 | 8,648 | 8,319 | 8,621 | 9,098 | 9,629 | 10,394 | 11,193 |
| Equity Capital | 88 | 88 | 88 | 133 | 133 | 133 | 133 | 200 | 201 | 202 | 202 | 202 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 201 | 242 | 276 | 551 | 263 | 561 | 382 | 498 | 681 | 624 | 621 | 531 |
| Cash from Investing Activity + | -308 | -379 | -182 | -547 | -239 | -281 | -235 | -257 | -209 | -448 | -402 | -217 |
| Cash from Financing Activity + | 78 | 274 | -6 | -144 | -21 | -254 | -154 | -217 | -459 | -190 | -285 | -315 |
| Net Cash Flow | -30 | 137 | 88 | -140 | 4 | 26 | -6 | 23 | 14 | -13 | -66 | -1 |
| CFO/OP | 127 | 111 | 102 | 173 | 189 | 167 | 159 | 136 | 141 | 110 | 106 | 102 |
| Free Cash Flow | 67 | 68 | 128 | 348 | 99 | 417 | 263 | 375 | 425 | 310 | 295 | 139 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Others | 0.21% | 0.21% | 0.21% | 0.2% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.18% | 0.18% |
| Public | 17.39% | 17.21% | 17.07% | 17.23% | 17.49% | 17.49% | 17.64% | 17.45% | 17.63% | 17.19% | 16.76% | 18.07% |
| Promoters | 66.81% | 66.77% | 66.77% | 66.76% | 66.76% | 66.75% | 66.74% | 66.74% | 66.74% | 66.74% | 66.74% | 66.73% |
| FII | 5.19% | 5.23% | 5.26% | 5.34% | 5.31% | 5.37% | 5.36% | 5.42% | 5.44% | 5.51% | 5.3% | 4.01% |
| DII | 10.41% | 10.59% | 10.7% | 10.45% | 10.25% | 10.19% | 10.07% | 10.17% | 10.01% | 10.38% | 11.01% | 11.0% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Consumer Services — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Mahindra Holidays Ltd (this stock) | 4,047 | 86.5 | 5.19 | 9.9% |
| Rattanindia Ent Limited | 3,727 | — | 4.86 | -19.6% |
| Purple Style Labs Limited | 4,368 | — | — | -513.0% |
| Samhi Hotels Limited | 3,540 | 8.42 | 1.62 | 24.5% |
| Shoppers Stop Limited | 4,668 | — | 16.06 | -6.37% |
| Juniper Hotels Limited | 4,813 | 26.0 | 1.67 | 6.19% |
| Thomas Cook (india) Ltd | 4,867 | 21.6 | 1.9 | 9.21% |
Which Mutual Funds Hold Mahindra Holidays Ltd?
Frequently Asked Questions about Mahindra Holidays Ltd
Mahindra Holidays Ltd (MHRIL) closed at ₹195.92 on NSE on 28 September 2026, down 4.08 (2.04%) from the previous close.
Mahindra Holidays Ltd trades on the NSE (National Stock Exchange of India) under the symbol MHRIL.
Mahindra Holidays Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 86.5.
Mahindra Holidays Ltd has a dividend yield of 0.0%.
Mahindra Holidays Ltd's 52-week high is ₹364.0 and its 52-week low is ₹188.0.
Mahindra Holidays Ltd has a market capitalisation of ₹4,047 crore.
Mahindra Holidays Ltd has a TopFund Quality Score of 31/100 (Weak), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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