Mahindra Holidays & Resorts India Limited · NSE:MHRIL
Mahindra Holidays & Resorts India — Q1 FY2027 Earnings Presentation
27 slides from Mahindra Holidays & Resorts India's earnings presentation, Jul 22, 2026
Slide 1: Exchange intimation letter: Earnings Presentation for Q1 FY 2027
22nd July 2026 MHRIL/SE/26-27/34 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block, Floor 25, PJ Towers, Bandra-Kurla Complex, Dalal Street, Fort, Bandra (E), Mumbai - 400 051 Mumbai - 400 001 Symbol: MHRIL Scrip Code: 533088 Dear Sir/Madam, Sub.: Earnings Pr
Slide 2: Mahindra Holidays & Resorts India Ltd. Q1 FY27 Investor Presentation
MAHINDRA HOLIDAYS & RESORTS INDIA LTD. Q1 FY27 INVESTOR PRESENTATION
Slide 3: Outline
Outline 03 Opportunity 04 MHRIL Standalone 14 Holiday Club Resorts 17 Consolidated 19 Financials
Slide 4: India's Leisure Consumption Supercycle
India’s Leisure Consumption Supercycle Travel demand is scaling faster than organized leisure supply ~ 1.8 Tn Consumer, lifestyle & e-commerce spending by 2030. CAGR of 19% (2022-2030E) in discretionary spending. Leisure wallet is expanding Supply gap creating white space More trips, higher travel s
Slide 5: MHRIL Standalone Business
MHRIL Standalone Business
Slide 6: MHRIL Business Model
MHRIL BUSINESS MODEL Network attracts guests through multiple channels and monetises across a diversified ecosystem ~3L+ ~110 ~100 80%+ Members Resorts Globally Partner Hotels Occupancy PILLAR 1 PILLAR 2 ₹ GUEST ACQUISITION RESORT NETWORK Multiple channels drive discovery, MONETISATION A diversified
Slide 7: MHRIL Aspiration & Growth Vectors
MHRIL Aspiration & Growth Vectors India’s #1 leisure hospitality player Scaling the Core Building the New Enhancing Creating A Luxury Leisure Guest Experience Hospitality Brand
Slide 8: Q1FY27 Overview
Q1FY27 Overview Network Resorts Guest Accelerated Portfolio Rationalization Double digit growth & Transformation Premiumization & Upgrades • Portfolio of 5865 keys across 111 • Sales# value 22% YoY...led by • Resort revenue 10% YoY; despite Resorts premiumization & upgrades the impact of transfo
Slide 9: Network | Accelerated Portfolio Rationalization
Network | Accelerated Portfolio Rationalization Member to Room Ratio 15 Partner resorts exited based on guest feedback Keys 4940 5327 5847 6228 5865 57 56 52 52 49 FY23 FY24 FY25 FY26 Q1FY27
Slide 10: Network | Ongoing Greenfield Projects
Network | Ongoing Greenfield Projects Rendered Image Rendered Rendered Image Image Ganpatipule, MH Theog, HP Overall Land Bank of ~ 500 acres. Development Initiated at 5 destinations. Kass, Koyna, Harihareshwar in Maharashtra, Kadapakkam in Tamil Nadu & Amritsar in Punjab
Slide 11: Resort Operations | Double digit growth in Q1
Resort Operations | Double digit growth in Q1 Resort Revenue (₹ Cr) Occupancy +10% Keys 5794 5865 Despite temporary unavailability of rooms due 126 to ongoing transformation 114 85.4% 86.7% Q1 FY26 Q1 FY27 Q1FY26 Q1 FY27 IGBC Certifications for Cherai (Platinum) & Bharatpur (Gold) Resort revenue Inc
Slide 12: Keystone Privileged Access
Keystone Privileged Access Our most privileged key. It lets you book full Access to 46 weeks during peak seasons. Access to 24 weeks during our quieter 52 weeks wherever you wish, wherever Ideal to visit destinations at popular times of seasons. Perfect for those who prefer relaxed you choose the ye
Slide 13: Keystone | Value growth led by Premiumization & Upgrades
KEYSTONE | Value growth led by Premiumization & Upgrades Sales Value (₹ Cr) AUR* (₹ Lakh) +22% +73% 14.4 154 127 8.3 89 56 71 65 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 New Membership Sales Upgrades Cumulative Member Base of 3,03,153 Member Additions through Referral & Digital route at 71% in Q1 FY27 vs 65%
Slide 14: Standalone Financials | Q1FY27
Standalone Financials | Q1FY27 ₹ Cr Income EBITDA PAT +3% -12% -29% 423.5 410.6 160.9 141.6 76.2 54.3 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Growth linked costs impacted YoY profitability
Slide 15: Holiday Club Resorts (HCR)
Holiday Club Resorts (HCR) We Create Dream Holidays
Slide 16: HCR Business Model
HCR Business Model Timeshare Leading Finnish hospitality company 33 Timeshare Destinations in 60,000+ Widespread network of Spa resorts with varied Finland, Sweden & Spain Timeshare owners1 experiences Spa Hotels Complementary business assets in terms of Timeshare and Spa Hotels Multiple Revenue Str
Slide 17: HCR Financials | Q1FY27
HCR Financials | Q1FY27 In € Mn Income EBITDA PAT -6% 31.4 29.4 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 -2.3 -3.2 -4.7 -5.1
Slide 18: Consolidated
Consolidated
Slide 19: Consolidated Financials | Q1FY27
Consolidated Financials | Q1FY27 ₹ Cr Income EBITDA PAT 5% -5% 773.5 740.2 161.2 153.5 7.2 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 -8.6
Slide 20: Financials
Financials Refer Company’s website and/or Stock Exchange submission for detailed Financials
Slide 21: MHRIL Standalone Financials: Income Breakup
MHRIL Standalone Financials Income Breakup Quarter ended In ₹ Cr Q1FY27 Q1FY26 YoY Income from VO 128.2 128.5 -0.2% ASF Income 107.5 106.5 0.9% Interest & Others 28.0 27.5 1.8% Total VO Income 263.7 262.5 0.5% Resort Income 116.0 106.1 9.3% Non-Operating Income 43.8 42.0 4.3% Total Income 423.5 410.
Slide 22: MHRIL Standalone Financials: Profit & Loss Statement
MHRIL Standalone Financials Profit & Loss Statement Quarter ended In ₹ Cr Q1 FY27 Q1 FY26 YoY Total Income 423.5 410.6 3.1% Employee Benefit 112.9 98.2 15.0% Sales & Marketing 24.7 25.8 -4.3% Rent 27.8 25.5 9.0% Other Expenses 116.5 100.2 16.3% Total Expenditure 281.9 249.7 12.9% EBITDA 141.6 160.9
Slide 23: MHRIL Standalone Financials: Snapshot of Balance Sheet
MHRIL Standalone Financials Snapshot of Balance Sheet 30th June 2026 31st March 2026 In ₹ Cr Property, Plant and Equipment 3,134 3,041 Right of Use Asset (IND AS 116) 786 761 Trade receivables 1,296 1,269 Cash and cash equivalents (regrouped) 1,420 1,446 Deferred Acquisition Cost 774 783 Other Asset
Slide 24: HCR Financials
HCR Financials In € Mn Revenue Details Profit & Loss Statement Quarter ended Quarter ended Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Timeshare 8.5 9.6 Revenue 29.4 31.4 Operating Profit (4.7) (2.3) Spa Hotels 14.8 16.8 Depreciation & Amortization 1.0 1.0 Renting 3.0 3.2 Financial Cost 0.6 0.6 Real Estate Mana
Slide 25: Consolidated Financials: Profit & Loss Statement
Consolidated Financials Profit & Loss Statement Quarter ended In ₹ Cr Q1 FY27 Q1 FY26 YoY Income from Operations 732.8 701.4 4.5% Non-Operating Revenue 40.7 38.8 5.1% Total Income 773.5 740.2 4.5% Cost of vacation ownership weeks 46.8 45.3 3.4% Employee benefit expense 223.1 194.7 14.6% Other expens
Slide 26: Disclaimer
Disclaimer This presentation may contain ‘forward looking statements’ within the meaning of applicable laws and regulations. Investors are cautioned that ‘forward looking statements’ are based on certain assumptions, which Mahindra Holidays & Resorts India Limited considers reasonable at this time a
Slide 27: Thank you
Thank you
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