215.05 -0.80 (-0.37%)
61,339 Volume
NSEJan 15, 2021 03:31 PM
There are 1 reports from 1 analysts covering Mahindra Holidays & Resorts India Ltd. available on trendlyne.com.
Summary | Date | Stock | Broker | Price at Reco. | Target | Price at reco Change since reco(%) | Upside(%) | Type | Report | Discuss |
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2020-05-27 | Mahindra Holidays & .. + | Prabhudas Lilladhar | 167.70 | 167.70 (28.23%) | Not Rated | Company Update - Annuity model provides long term visibility - Not Rated
Prabhudas Lilladhar
In our interaction, management of Mahindra Holidays & Resorts India Ltd (MHRIL) highlighted 1) plans to add ~1,000 rooms entailing a capex of ~Rs89bn over the next 4-5 years 2) pressure on member additions in FY21 due to COVID related stress ( ~15,000-18,000 members have been added each year...
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2019-01-04 | Mahindra Holidays & .. + | IDBI Capital | 201.55 | 201.55 (6.70%) | Not Rated | Mahindra Holidays & Resorts India:Management Visit Note
IDBI Capital
We met the senior management team of Mahindra Holidays Resorts India Ltd. (MHRIL), Mr. Kavinder Singh (MD & CEO) and Ms. Akhila Balachandar (CFO) to discuss i) Changing landscape of domestic Travel & Tourism Industry ii) Future prospects of...
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2018-07-17 | Mahindra Holidays & .. + | Choice India | 296.00 | 296.00 (-27.35%) | Daily Note | Investment note Mahindra Holidays & Resorts India Limited
Choice India
Mahindra Holidays & Resorts India Limited (MHRIL') is a leading player in the leisure hospitality industry. The company has well established vacation ownership business in India, and is the market leader in the business with over 2.35 lakh members and 55 resorts together with its material subsidiary Holiday Club Resorts(HCR). Mahindra Holidays has a bouquet of 88 resorts in Asia and Europe, making it the largest vacation ownership company outside the USA. Apart from providing quality rooms in the form of furnished apartments and cottages at resorts in unique and popular destinations, the company also offers its...
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2018-06-20 | Mahindra Holidays & .. + | Kotak Securities | 320.00 | 390.00 | 320.00 (-32.80%) | Buy | Mahindra Holida
Kotak Securities
We recently met the management of Mahindra Holidays & Resorts India Ltd (MHRIL). The company is positive on growing its business through growth in membership base led by new inventory addition. The company is focused on adding right kind of members. Increased share of resort income would result...
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2018-02-06 | Mahindra Holidays & .. + | Axis Direct | 297.65 | 390.00 | 297.65 (-27.75%) | Buy | Result Update:Mahindra Holiday
Axis Direct
Revenue declined 1% YoY on lower VO income (-7% YoY). Member additions (4,200 members) were lower due to management's plan to increase down payments and curb EMI tenure (Q218 onwards). Margin declined 300 bps YoY while PAT de-grew 11% YoY.
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2017-11-07 | Mahindra Holidays & .. + | Axis Direct | 357.90 | 380.00 | 357.90 (-39.91%) | Target met | Hold | Result Update:Mahindra Holiday
Axis Direct
Q2FY18 revenue declined 6% YoY primarily on lower Vacation Ownership income (VO; 14% decline YoY). Member additions reduced due to management's plan to increase down-payments and curb the EMI tenure. This would ensure long term customer persistence while reducing member acquisition cost.
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2017-08-08 | Mahindra Holidays & .. + | Axis Direct | 380.65 | 400.00 | 380.65 (-43.50%) | Target met | Hold | Result Update - Mahindra Holidays
Axis Direct
MHRLs on-ground initiatives are paying off, with membership growth at 10% YoY in Q1FY18. Revenue growth at 8% YoY was below estimates primarily due to a provision on expected credit loss according to IND AS.
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2017-06-10 | Mahindra Holidays & .. + | Karvy | 544.50 | 600.00 | 544.50 (-60.51%) | Pre-Bonus/ Split | Hold | Mahindra Holidays & Resorts India Ltd: Healthy Top Line Grow... (Jun 10, 2017)
Karvy
Healthy Top Line Growth Backed by Improvement in New Members Addition and Occupancy: MHRIL on standalone basis, for Q4FY17 reported a good growth in top line but changes in accounting standards and one time provisions impacted the bottomlinegrowth. Topline increased by 26.3% and the bottomline increased by 4.5% to Rs. 3157 Mn and Rs. 318 Mn respectively.
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2017-06-01 | Mahindra Holidays & .. + | Axis Direct | 508.95 | 600.00 | 508.95 (-57.75%) | Target met | Buy | Result Update:Mahindra Holiday
Axis Direct
Benefits of several on-ground initiatives are now visible in the member growth rate (9% YoY), resulting in revenue growth of ~26% YoY in Q4.Excluding a one time provision of ~Rs 200 mn for expected credit loss (aligning with IND AS), EBITDA growth would have been 34% YoY.
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2017-02-14 | Mahindra Holidays & .. + | Karvy | 440.75 | 484.00 | 440.75 (-51.21%) | Pre-Bonus/ Split | Hold | Mahindra Holidays & Resorts India Ltd: Good Set of Numbers o... (Feb 14, 2017)
Karvy
Good Set of Numbers on the Back of New Memberships: MHRIL reported a good performance in the latest reported quarter with toplineand bottomline YoY growth of 12.5%, 15.2% respectively. Growth in occupancy, addition of new members supported by new rooms led to this growth. The EBITDA margins contracted marginally on the back of increase in employee costs and sales & marketing expenses.
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2017-02-13 | Mahindra Holidays & .. + | HDFC Securities | 440.60 | 545.00 | 440.60 (-51.19%) | Target met | Buy | |||
2017-02-07 | Mahindra Holidays & .. + | Axis Direct | 444.15 | 569.00 | 444.15 (-51.58%) | Target met | Buy | Result Update:Mahindra Holiday
Axis Direct
Despite the challenging environment, membership growth sustained at 9% YoY (in-line) in Q3FY17 taking the total memberbase to 210k. Revenue grew 13% YoY on the back of ASF and resort income growing by 22% YoY and 17% YoY.
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2016-12-20 | Mahindra Holidays & .. + | Karvy | 401.95 | 429.00 | 401.95 (-46.50%) | Pre-Bonus/ Split | Hold | Mahindra Holidays & Resorts India Ltd: Vacation Ownership Se... (Dec 20, 2016)
Karvy
In Q2FY17, MHRIL reported a good performance with 10.0% growth in topline and 22.0% YoY growth in bottomline to Rs. 2581 Mn and Rs.328 mn respectively. EBITDA margins improved marginally by 51 bps to 24.7% on YoY basis. ASF (Annual Subscription Fees) income is up 22.2% to Rs. 550 mn from Rs. 448 mn on the back of increase in member base. Resort income continues to grow steadily; for the quarter-ended Sep, 2016, it stood at Rs.395 Mn, up 8.0% from Rs. 365 Mn same quarter a year ago.
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2016-05-26 | Mahindra Holidays & .. + | Karvy | 397.00 | 472.00 | 397.00 (-45.83%) | Target met | Buy | Mahindra Holidays & Resorts India Ltd: Strong Inventory to D... (May 26, 2016)
Karvy
Strong inventory to drive growth: The new inventory of 450-500 rooms across 4 projects to be added to the current inventory of 2879 rooms. Addition of room is more important strategy for the growth of the vacation membership business. The current inventory and new inventory in pipeline augment well for the growth of thecompany in the coming years.
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2013-03-06 | Mahindra Holidays & .. + | ICICI Securities Limited | Pre-Bonus/ Split |