Mahindra Holidays & Resorts India Ltd's Q1FY26 Quarterly Results

Result Summary

• Mahindra Holidays & Resorts India Ltd reported a 10.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a growth of 7.9%.
• Its expenses for the quarter were down by 1.0% QoQ and up 6.2% YoY.
• The net profit decreased 91.4% QoQ and increased 17.9% YoY.
• The earnings per share (EPS) of Mahindra Holidays & Resorts India Ltd stood at 0.4 during Q1FY26.

Financial Statments for Q1FY26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Mahindra Holidays & Resorts India Ltd is a prominent player in the leisure and hospitality sector. The company is primarily engaged in providing vacation ownership and leisure hospitality services. Its flagship brand, Club Mahindra, is well-known for offering timeshare vacations across various resorts in India and abroad. The company targets families seeking quality vacation experiences with flexibility and a wide range of amenities. As of the latest available information, there are no recent major developments mentioned.

Revenue

During Q1FY26, Mahindra Holidays & Resorts India Ltd reported a total income of ₹740.15 crores. Compared to the previous quarter (Q4FY25), total income decreased by 10.9% from ₹830.34 crores. However, when compared to the same quarter of the previous year (Q1FY25), total income increased by 7.9% from ₹686.09 crores. This year-over-year growth highlights an increase in revenue over the 12-month period, although there was a notable decrease on a quarter-over-quarter basis.

Profitability

In Q1FY26, the company recorded a Profit Before Tax (PBT) of ₹26.83 crores, which was a significant decline of 75.5% from ₹109.48 crores in Q4FY25. Despite this quarter-over-quarter decline, the PBT increased by 83.4% from ₹14.63 crores in Q1FY25. The tax expense for Q1FY26 was ₹19.12 crores, down by 26.2% from the previous quarter but up by 140.5% year-over-year. Profit After Tax (PAT) stood at ₹7.17 crores, marking a decrease of 91.4% from ₹83.21 crores in Q4FY25, yet a 17.9% increase from ₹6.08 crores in Q1FY25.

Operating Metrics

The Earnings Per Share (EPS) for Q1FY26 was reported at ₹0.40, reflecting a decrease of 90.2% from ₹4.10 in the previous quarter. Year-over-year, the EPS increased by 33.3% from ₹0.30 in Q1FY25. The total expenses for the quarter amounted to ₹713.32 crores, showing a slight decrease of 1.0% from ₹720.87 crores in Q4FY25, while increasing by 6.2% compared to ₹671.46 crores in Q1FY25. These operating metrics depict the financial dynamics of the company in terms of costs and earnings efficiency over different periods.