Mahindra Holidays & Resorts India Ltd is one of India’s most recognisable vacation ownership companies, best known for its Club Mahindra brand. The company sits at an interesting intersection of Indian consumer spending, leisure travel, family vacations, branded resort demand and long-term membership-led hospitality.
Mahindra Holidays & Resorts India Share Price Target
Mahindra Holidays & Resorts India Ltd operates one of India’s largest vacation ownership platforms under the Club Mahindra brand. The company offers long-term memberships that allow customers to access resorts across India and overseas.
Financial table for Mahindra Holidays & Resorts India Ltd
Market Cap:₹5,475 Cr. (As of April 2026)
Price to Earnings: 57.8
Return on equity: 19.6%
Debt to equity: 4.75
Current ratio: 1.33
Dividend Yield: 0.00%
Return on assets: 1.26%
ROCE: 9.73%
Face Value: ₹10.0
52 Week High: ₹382
52 Week Low: ₹225
1. Year 2020 Start of Year: 152.57 End of Year: 143.50 Return: -5.94% Reason for the move Weak performance due to COVID impact on travel and tourism demand. 2. Year 2021 Start of Year: 143.53 End of Year: 187.90 Return: 30.91% Reason for the move Recovery driven by pent-up travel demand and reopening of tourism. 3. Year 2022 Start of Year: 188.85 End of Year: 269.55 Return: 42.73% Reason for the move Membership model ensured steady recurring revenue. 4. Year 2023 Start of Year: 270.00 End of Year: 379.00 Return: 40.37% Reason for the move Continued momentum from premium travel demand and resort utilization. 5. Year 2024 Start of Year: 380.25 End of Year: 357.60 Return: -5.96% Reason for the move Mild correction due to normalization after strong growth phase. 6. Year 2025 Start of Year: 356.90 End of Year: 309.20 Return: -13.37% Reason for the move Projected Targets: Year 2026 Target Range (₹): 350-400 Reason for the move Projected Targets: Year 2027 Target Range (₹): 415-430 Reason for the move Premium resort expansion and international partnerships enhance positioning. Projected Targets: Year 2028 Target Range (₹): 380-410 Reason for the move Experience-driven tourism supports steady demand.. Projected Targets: Year 2029 Target Range (₹): 420-480 Reason for the move Membership model ensures steady cash flows. Projected Targets: Year 2030 Target Range (₹): 600-700 Reason for the move Strong brand positioning supports long-term growth. The Mahindra Holidays & Resorts India Ltd share price target remains cautiously positive, supported by India’s leisure travel growth, Club Mahindra’s strong brand, a large member base, resort expansion plans and a healthy standalone business. 1. Are Mahindra Holidays shares a good investment? Mahindra Holidays shares can be a good investment for investors who believe in India’s long-term leisure travel and vacation ownership theme. The company has a strong Club Mahindra brand, over 3 lakh members, around 160 resorts globally and a debt-free standalone business. However, consolidated profitability is weak, mainly due to pressure in Holiday Club Resorts. So, it is suitable only for investors who can tolerate medium-term volatility. 2. Why is Mahindra Holidays share falling? Mahindra Holidays shares can fall due to weak consolidated PAT, lower new member additions, pressure in Holiday Club Resorts, high valuation, poor quarterly results or broader market weakness. In FY26, consolidated PAT declined 46.8% to ₹67 crore, despite 7.1% growth in total income. This kind of profit pressure can hurt investor sentiment. 3. Is Mahindra a good long-term investment? If you mean the broader Mahindra Group, many Mahindra companies have strong long-term businesses across autos, finance, logistics, real estate and hospitality. If you mean Mahindra Holidays specifically, it can be a good long-term investment only if the company improves consolidated profitability, stabilises Holiday Club Resorts and continues growing its member base profitably. 4. Is Mahindra Holidays part of Mahindra Group? Yes, Mahindra Holidays & Resorts India Ltd is part of the Mahindra Group. It operates the Club Mahindra vacation ownership business and also owns Holiday Club Resorts in Europe. 5. What is the vision of Mahindra Holidays? Mahindra Holidays’ operating vision is centred around creating memorable family vacation experiences through Club Mahindra, expanding resort access, improving member engagement and building a sustainable leisure hospitality platform. The company describes its model around quality family vacation experiences, creating new leisure destinations, world-class resorts and continuous member engagement to enhance lifetime value.Mahindra Holidays & Resorts India Ltd Shareholding Pattern
Historic Performance: Mahindra Holidays & Resorts India Ltd Share Price Target 2020, 2021, 2022, 2023, 2024 & 2025
Decline driven by slowing growth and profit booking. Mahindra Holidays & Resorts India Ltd Price Target 2026, 2027, 2028 to 2030
Capacity expansion and tourism demand support steady growth.Conclusion
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