Blogs / Mahindra Holidays & ...

Mahindra Holidays & Resorts India Share Price Target 2025...

2026-04-28 · 4 min read

Sector - Finance

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 Earnings57.8

Return on equity19.6%

Debt to equity4.75

Current ratio1.33

Dividend Yield0.00%

Return on assets1.26%

ROCE9.73%

Face Value₹10.0

52 Week High₹382

52 Week Low₹225

Mahindra Holidays & Resorts India Ltd Shareholding Pattern

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Promoters	67.31%	67.31%	67.22%	67.00%	66.77%	66.74%	66.74%
FIIs	5.38%	4.43%	4.96%	5.12%	5.26%	5.36%	5.30%
DIIs	15.07%	13.13%	9.71%	8.13%	10.70%	10.07%	11.01%
Public	11.77%	14.67%	17.74%	19.48%	17.07%	17.64%	16.76%
Other	0.47%	0.47%	0.37%	0.28%	0.21%	0.19%	0.18%
No. of Shareholders	30,794	36,686	65,300	47,853	76,636	84,856	93,818

Mahindra Holidays & Resorts India Ltd Price Target 2026, 2027, 2028 to 2030

YEAR 2026

Target Range (₹) : 350-400

for the move Capacity expansion and tourism demand support steady growth. Projected Targets:

YEAR 2027

Target Range (₹) : 415-430

for the move Premium resort expansion and international partnerships enhance positioning. Projected Targets:

YEAR 2028

Target Range (₹) : 380-410

for the move Experience-driven tourism supports steady demand.. Projected Targets:

YEAR 2029

Target Range (₹) : 420-480

for the move Membership model ensures steady cash flows. Projected Targets:

YEAR 2030

Target Range (₹) : 600-700

for the move Strong brand positioning supports long-term growth.

Historic Performance:

Mahindra Holidays & Resorts India Ltd Share Price Target 2020, 2021, 2022, 2023, 2024 & 2025

YEAR 2020

Yearly returns : -5.94%

Start of the year price152.57

End of the year price143.50

Reason : Weak performance due to COVID impact on travel and tourism demand.

YEAR 2021

Yearly returns : 30.91%

Start of the year price143.53

End of the year price187.90

Reason : Recovery driven by pent-up travel demand and reopening of tourism.

YEAR 2022

Yearly returns : 42.73%

Start of the year price188.85

End of the year price269.55

Reason : Membership model ensured steady recurring revenue.

YEAR 2023

Yearly returns : 40.37%

Start of the year price270.00

End of the year price379.00

Reason : Continued momentum from premium travel demand and resort utilization.

YEAR 2024

Yearly returns : -5.96%

Start of the year price380.25

End of the year price357.60

Reason : Mild correction due to normalization after strong growth phase.

YEAR 2025

Yearly returns : -13.37%

Start of the year price356.90

End of the year price309.20

Reason : Decline driven by slowing growth and profit booking.

Conclusion

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.

FAQs

Get Stock Report

You can now get your detailed stock report

To read the RA disclaimer, please click here