MHRIL
OVERVALUEDMahindra Holidays & Resorts India Limited
Hotels & Hospitality · NSE
↓ 306.4% vs fair value
52W Low
₹225
+10.9% from low
52W High
₹382
-34.7% from high
Valuation Gauge
Current Price
₹250
Fair Value
₹61
Fair Value Analysis
₹61
Based on earnings growth potential for Hotels & Hospitality sector companies | Sector-expensive: P/E at 93th percentile vs sector peers. | COVID-resilient: PAT dropped from ₹60Cr (FY2019) to ₹-134Cr (FY2020) during COVID but has fully recovered.
Growth Valuation
100% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Solid Fundamentals
Profitability
ROE of 13.4% is acceptable for Hotels & Hospitality sector (benchmark: 15%)
Debt & Leverage
D/E ratio of 4.7x is significantly above the Hotels & Hospitality sector norm — high leverage risk
Valuation vs Peers
P/E of 49.3x is in line with the Hotels & Hospitality sector median of 50x — fairly valued
Cash Flow
FCF margin of 11.2% — strong cash generation (₹295 Cr)
Earnings Growth
5yr EPS CAGR of 23.6% is well above the Hotels & Hospitality sector average of 15.0% — strong growth
Dividend
No dividend — typical for growth-stage companies
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
7.0%
Free cash flow / market cap
Revenue Growth (YoY)
+10.9%
Year-on-year revenue change
Profit Growth (YoY)
-96.0%
Year-on-year PAT change
Operating Cash Flow
₹621 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹5
P/E Ratio
49.3x
P/B Ratio
4.3x
ROE
13.5%
ROCE
3.9%
Debt / Equity
4.71x
Beta
-0.19
Div Yield
—
FCF (Cr)
₹295 Cr
Revenue (Cr)
₹2,640 Cr
EPS Growth 5Y
23.6%
Mkt Cap (Cr)
₹4,988 Cr
52W High
₹382
52W Low
₹225
Book Value/Share
₹57.5
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹3.0K Cr | ₹623 Cr | 21.0% | ₹98 Cr | ₹5.00 |
| 2025-03-31 | ₹2.8K Cr | ₹587 Cr | 21.0% | ₹126 Cr | ₹6.32 |
| 2024-03-31 | ₹2.7K Cr | ₹522 Cr | 19.0% | ₹116 Cr | ₹5.72 |
| 2023-03-31 | ₹2.5K Cr | ₹481 Cr | 19.0% | ₹114 Cr | ₹5.72 |
| 2022-03-31 | ₹2.0K Cr | ₹323 Cr | 16.0% | ₹68 Cr | ₹3.37 |
| 2021-03-31 | ₹1.7K Cr | ₹241 Cr | 14.0% | ₹-14 Cr | ₹-0.65 |
| 2020-03-31 | ₹2.4K Cr | ₹375 Cr | 16.0% | ₹-134 Cr | ₹-6.59 |
| 2019-03-31 | ₹2.2K Cr | ₹184 Cr | 8.0% | ₹60 Cr | ₹3.02 |
| 2018-03-31 | ₹2.3K Cr | ₹369 Cr | 16.0% | ₹133 Cr | ₹6.61 |
| 2017-03-31 | ₹2.3K Cr | ₹335 Cr | 15.0% | ₹146 Cr | ₹7.44 |
| 2016-03-31 | ₹1.6K Cr | ₹273 Cr | 17.0% | ₹90 Cr | ₹4.34 |
| 2015-03-31 | ₹812 Cr | ₹189 Cr | 23.0% | ₹81 Cr | ₹4.07 |
| 2014-03-31 | ₹676 Cr | ₹167 Cr | 25.0% | ₹87 Cr | ₹4.36 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Hotels & Hospitality| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Ecos (India) Mobility & Hospitality Limited | ₹120.8 | ₹586.6 | +79.4% | 11.9 | 25.5% | FAIRLY_VALUED |
Asian Hotels (East) Limited | ₹159 | ₹543.7 | +70.8% | 8.1 | 12.9% | FAIRLY_VALUED |
EIH Associated Hotels Limited | ₹293.6 | ₹628 | +53.3% | 18.6 | 113.3% | UNDERVALUED |
Robust Hotels Limited | ₹173 | ₹315 | +45.1% | 11 | 3.8% | FAIRLY_VALUED |
Advent Hotels International Limited | ₹147.5 | ₹261.6 | +43.6% | 12.4 | 8.4% | FAIRLY_VALUED |
Thomas Cook India | ₹96.6 | ₹166.4 | +42.0% | 18.2 | 10.8% | UNDERVALUED |
Taj GVK Hotels & Resorts | ₹322 | ₹537.9 | +40.1% | 15.9 | 15.0% | UNDERVALUED |
Advani Hotels & Resorts (India) Limited | ₹50.6 | ₹68.2 | +25.9% | 19.6 | 125.0% | UNDERVALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
Company Documents
Annual reports, concall transcripts & regulatory filings
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