Mahindra Holidays & Resorts India Ltd Share Price – NSE  / BSE

Hotels & Restaurants, Small Cap

Mahindra Holidays & Resorts India will hold a meeting of the Board of Directors of the Company on 27 April 2026.

The launches are part of Club Mahindra?s strategy to develop new destinations and put lesser-known locations on the map for Indian holidaymakers. Backed by robust demand for leisure travel, the company is following a capital-efficient, asset-light model to expand its footprint through a mix of greenfield projects, management contracts, and flexible operating arrangements.

With these additions, MHRIL aims to scale its portfolio to 12,000 keys by FY30, strengthening its presence across Western and Central India.

Amba Ghat, a scenic mountain passes along the Kolhapur?Ratnagiri route in Maharashtra?s Sahyadri ranges, is steadily emerging as a serene hill getaway for travellers seeking nature-led escapes away from crowded tourist circuits. The Amba Ghat resort comprising 96 keys will feature river-facing apartments with the Kadvi River flowing through the property, offering guests a tranquil retreat amid the lush Sahyadri landscape.

Bandhavgarh, located in the Vindhya Hills of Madhya Pradesh, is globally renowned for Bandhavgarh National Park, one of the world?s premier wildlife tourism destinations and home to the highest density of Bengal tigers.

The Bandhavgarh resort with 63 keys will offer an immersive wilderness stay experience with expansive verandas, outdoor decks, and uninterrupted forest views, designed to bring guests closer to the surrounding natural environment. Together, these destinations reflect Club Mahindra?s focus on expanding into locations that offer immersive natural experiences for families and leisure travellers. It recently launched Club Mahindra Nadiya Parao, in Uttarakhand and signed a new property in Dapoli, Maharashtra.

Mahindra Holidays & Resorts India (MHRIL), part of the diversified Mahindra Group, is India?s leading leisure hospitality company. Established in 1996, the company pioneered the vacation ownership model in India and has since redefined family holidays through thoughtfully designed resorts, curated experiences, and a commitment to sustainable tourism.

The company?s consolidated net profit fell 93.6% to Rs 2.23 crore on 10.9% increase in revenue from operations to Rs 752.70 crore in Q3 FY26 over Q3 FY25.

The scrip shed 0.04% to Rs 258.25 on the BSE.

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Mahindra Holidays & Resorts India (MHRIL), India's leading leisure hospitality company, today announced the launch of two new resorts in Club Mahindra Amba Ghat, Maharashtra and Club Mahindra Bandhavgarh, Madhya Pradesh, adding 159 keys to its growing portfolio thus strengthening its presence across Western and Central India.

These launches reflect Club Mahindra's broader strategy of pioneering new destinations by bringing lesser-known destinations onto the travel map for Indian holidaymakers. Supported by strong and sustained demand for leisure travel, the company has adopted a capital-efficient, asset-light approach to expand its portfolio through a mix of greenfield developments, management contracts, and other flexible operating models. The additions are aligned with MHRIL's expansion strategy of scaling the portfolio to 12,000 keys by FY30.

Commenting on the launch, Manoj Bhat, Managing Director & Chief Executive Officer, Mahindra Holidays & Resorts India Limited, said, Destinations such as Amba Ghat and Bandhavgarh reflect the growing preference for immersive, nature-led experiences among today's travellers. At Club Mahindra, we have always believed in identifying and thoughtfully developing emerging leisure destinations for India's evolving base of holidaying families. As we build for the future, our focus remains on expanding high-quality inventory across diverse locations, while consistently delivering memorable family holiday experiences. This approach continues to guide us in our journey towards becoming India's most trusted leisure hospitality brand?.

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Mahindra Holidays & Resorts India (MHRIL) has signed a new resort in Dapoli, near the scenic Murud Beach, further strengthening its presence along Maharashtra's coastline.

This addition forms part of the company's FY26-FY30 roadmap, which targets over 10,000 keys under Club Mahindra and an overall portfolio scale of 12,000 keys. Through a combination of new signings, greenfield developments, and management contracts across high-demand tourist corridors, the company is progressing toward its ambition of becoming India's #1 leisure hospitality player.

Dapoli strengthens MHRIL's presence in high-growth coastal markets with strong drive-to demand and marks the first of several planned developments along India's western coast.

Spread across 13 acres, the upcoming Club Mahindra Dapoli Resort will feature 110 keys, launched in phases. The first phase, comprising 52 keys, is slated for launch in Q1 FY27, with the remaining inventory opening in Q2 FY27.

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