Mahindra Holidays & Resorts India Limited - Company Profile

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Mahindra Holidays & Resorts India Limited: Overview

Mahindra Holidays & Resorts India Limited (Mahindra Holidays), a subsidiary of Mahindra & Mahindra Ltd, is a leisure hospitality services provider. The company operates its resorts under the brand, Club Mahindra. It provides family holidays principally through vacation memberships. It operates resorts across hill stations, beaches, wildlife sanctuaries, backwaters, forts, and heritage. The company offers a wide range of amenities and facilities including bird watching, camping, rappelling, kids clubs, camping, adventure activities, evening entertainment, ayurvedic spas, and various holiday activities. Its operations are spanned across Sri Lanka, India, the UAE, Malaysia, Bhutan, Singapore, Nepal, Indonesia, Vietnam, Thailand, Maldives, Cambodia, Finland, Sweden, and Spain. Mahindra Holidays is headquartered in Mumbai, Maharashtra, India.

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Headquarters India

Address 1st Floor, A Wing, Dr. G M Bhosle Marg, P.K. Kurne Chowk, Worli, Mumbai, Maharashtra, 400018


Telephone 91 22 69184722

No of Employees 5,206

Industry Leisure and Arts

Ticker Symbol & Exchange MHRIL (NSE)

Revenue (2023) $320.8M 25% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ 70.5% (2023 vs 2022)

Market Cap* $984.5M

Net Profit Margin (2023) XYZ 36.4% (2023 vs 2022)

* As of and is in US$
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Mahindra Holidays & Resorts India Limited premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Mahindra Holidays & Resorts India Limited’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services Brands
Resort Holidays Club Mahindra
Homestays
Travel Related Services
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In January, the company signed an agreement with the Government of Tamil Nadu, India to boost tourism and foster employment opportunities in the region.
2022 Corporate Changes/Expansions In September, the company opened five new destinations namely, the Clarks Safari in Pushkar, Rajasthan; The Driftwood Leh, the first one in Ladakh; RVR Sarovar Portico in Dindi on the Godavari Riverbank in Andhra Pradesh; Devka Beach in Daman near Gujarat; and Polo Towers in Shillong, Meghalaya.
2022 New Products/Services In September, the company launched Club M Select, a privileges program for Club Mahindra members.
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Competitor Comparison

Key Parameters Mahindra Holidays & Resorts India Limited The Indian Hotels Company Ltd EIH Ltd Taj GVK Hotels & Resorts Ltd Hotel Leela Venture Ltd
Headquarters India India India India India
City Mumbai Mumbai New Delhi Hyderabad Mumbai
State/Province Maharashtra Maharashtra Delhi Telangana Maharashtra
No. of Employees 5,206 16,387 8,297 382 447
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Kavinder Singh Chief Executive Officer; Managing Director Executive Board 2019 -
Satyendra K Dwivedi Chief Technology Officer Senior Management - -
Pratik Mazumder Chief Marketing Officer Senior Management - -
Santhosh Kutty Chief Operating Officer - Hotels Senior Management 2018 -
Julian Ayers Chief Resort Officer Senior Management 2022 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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