Mahindra Holidays & Resorts India Share Price

The key financial highlights of the company's standalone performance for Q2 FY 2018-19, ended 30 September 2018, are as follows:

1. The company's accounts from 1 April 2018 were prepared in accordance with Ind AS 115, while accounts up to 31 March 2018, were prepared according to Ind AS 18 standard.
2. The company recorded a 5.3% increase on a sequential basis in the Profit After Tax (PAT) which stood at Rs.14.5 crore.
3. In this quarter, the company added 4,145 members, up by 11.9% YoY (year-over-year).
4. The company's total income stood at Rs.222.1 crore, as against Rs.248.78 crore for the same period a year ago.
5. The occupancy took a hit this quarter and was down at 76% due to floods in Kerala and heavy rains in Coorg, Karnataka.

Q1 FY 2018-19

The key financial highlights of the company's performance for Q1 FY 2018-19, ended 30 June 2018, are as follows:

1. The company's Profit After Tax registered an increase of 13.8% YoY and stood at Rs.36.8 crore.
2. The company's Profit Before Tax (PBT) margin stood at 19.3%, as against 18.1% for the same period a year ago.
3. Mahindra Holidays added 4,577 members, up by 14.3% YoY.
4. The company's total income recorded an increase of 8% YoY and stood at Rs.295.4 crore.
5. The company's occupancy for the quarter stood at 89.4%.

FY 2017-18

The key financial highlights of the company's performance for the full FY 2017-18, ended 31 March 2018, are as follows:

1. For FY 2017-18, Mahindra Holidays and Resorts India recorded an increase of 0.3% in the total income which stood at Rs.1,094 crore, as against Rs.1,900 crore in the last year.
2. The Profit After Tax stood at stood at Rs.134.3 crore, as against Rs.130.6 crore in the last year.
3. The company's cash balance stood at Rs.469 crore, up by Rs.205 crore YoY.
4. The company added 6 resorts and 320 rooms in FY 2017-18. The total room inventory stood at 3472 in 55 resorts.
5. In FY 2017-18, the cumulative member base registered an increase of 8.1% and stood at over 2.35 lakh.

Mahindra Holidays & Resorts India Ltd. Stock Trends in 2018

1. The opening price of the stock at the beginning of January 2018 was Rs.339 on NSE. The scrip reached Rs.284 by mid-January and fell towards the end. In the month of February, the price of the stock fell by around 35 points and stood at Rs.274 by the month-end. The stock price was stable in the month of March, however, it picked up the pace in April and was up by around 40 points and ended the month at Rs.334. The scrip jumped owing to a strong Q4 performance by the company.
2. In the month of May, the price of the stock increased marginally. The scrip fell by around 55 points in June and ended the month at Rs.294. It was stable in July, however, the stock price fell again in the month of August. By the end of the month, the scrip stood at Rs.254.
3. The price of the stock fell further in September by around 30 points and ended the month at Rs.224. In October the scrip continued to fall and reached Rs.209. It gradually picked up pace in November. As on 12 November 2018, the price of the stock stood at Rs.224.

Mahindra Holidays & Resorts India Ltd. Stock Trends in 2016 and 2017

1. The opening price of the stock at the beginning of January 2016 on NSE was Rs.301. The scrip fell by around 50 points throughout the month and stood at Rs.252 towards the end. In the month of February, the stock price fell further and reached Rs.226, however, it picked up the pace in March and stood at Rs.256 by the end of the month. In April, the scrip increased by a few points and reached Rs.276.
2. The price of the stock in May increased further and stood at Rs.286. In May as well as June, the scrip was stable and did not change much. The scrip picked up the pace in July by around 20 points and reached Rs.295 by the end of the month. In August, the stock price crossed the Rs.300 mark and ended the month at Rs.333.
3. In the month of September, the stock price fell by around 30 points and stood at Rs.297. The scrip was stable in October, however, it fell by another 30 points in November and ended the month at Rs.272. In the month of December, the price of the stock decreased marginally and stood at Rs.266 towards the end.
4. The opening price of the stock at the beginning of January 2017 was Rs.268 on NSE. The scrip increased marginally throughout the month. In February, the stock price increased by around 30 points and ended the month at Rs.290. The scrip was stable in the month of March as well as April. It crossed the Rs.300 mark by the end of April.
5. In the month of May, the stock price continued to increase and reached Rs.331. The scrip price continued to increase in June and reached Rs.407 by the end of the month. In July, the price of the stock increased by a few points and reached Rs.419, however, the scrip fell in August by 45 points and ended the month at Rs.365.
6. In September, the stock price decreased marginally and ended the month at Rs.345. The scrip picked up the pace in October by around 45 points and reached Rs.386. In November, the stock price fell owing to a decrease in the net profit in Q2. The price of the stock was down by around 40 points and stood at Rs.346. The scrip decreased marginally in December and ended the month at Rs.340.

Should you invest in Mahindra Holidays & Resorts India Ltd.?

1. Mahindra Holidays & Resorts India Ltd. showcased good performance in Q1 as well as Q2 FY 2018-19. The company's share price has also gradually increased over the past two years. Moreover, the stock has not witnessed any unusual fluctuations and has been consistent.
2. You could invest in Mahindra Holidays & Resorts India Ltd. stock on a long-term basis. However, it is strongly advised to do thorough research on the stock before investing your hard-earned money in the stock market as it is volatile in nature.

Company Information

Mahindra Holidays & Resorts India Ltd. is part of the Leisure and Hospitality sector of the Mahindra Group. It offers quality family holidays primarily through vacation ownership memberships. Club Mahindra Holidays, the flagship brand of the company has a customer base of more than 2.35 lakh members and over 50 resorts at some of the most exotic locations across India and abroad.

Management of the Company

Kavinder Singh - Managing Director & Chief Executive Officer

Kavinder Singh was appointed as the Managing Director & Chief Executive Officer of Mahindra Holidays and Resorts in November 2014. Prior to this, he had served several top positions at including CEO at Pidilite Industries. He also has a 17-year long stint at ITC Ltd.

Listings in NSE, BSE, and Indices

The stocks of Mahindra Holidays & Resorts India Ltd. are available for trading on the two major stock exchanges of India - The National Stock Exchange Limited (NSE) and Bombay Stock Exchange (BSE).

1. BSE: 533088
2. NSE: MHRIL
3. ISIN: INE998I01010
4. Sector: Computers - Hotels

The company forms a part of important indices like:

1. Nifty 500
2. Nifty MidSmallcap 400
3. Nifty Smallcap 250
4. S&P BSE 250 SmallCap Index
5. S&P BSE 400 MidSmallCap Index
6. S&P BSE 500
7. S&P BSE AllCap
8. S&P BSE Consumer Discretionary Goods & Services
9. S&P BSE MidSmallCap
10. S&P BSE SmallCap

Corporate Office

Mahindra Towers,

1st Floor, "A" Wing,

Dr. G M Bhosle Marg,

P.K. Kurne Chowk,

Worli, Mumbai - 400 018.

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The contents of this post/blog does not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not a professional advice on a specific financial matter.