Mahindra Holidays & Resorts India Limited - Company Profile
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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.
Headquarters
India
Address
1st Floor, A Wing, Dr. G M Bhosle Marg, P.K. Kurne Chowk, Worli, Mumbai, Maharashtra, 400018
Website
www.clubmahindra.com
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*
$1.0B
Net Profit Margin (2023)
XYZ
36.4%
(2023 vs 2022)
* As of and is in US$
Mahindra Holidays & Resorts India Limited premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Resort Holidays | Club Mahindra |
| Homestays | |
| Travel Related Services |
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. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
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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