Mahindra Holidays & Resorts India Limited

NSEI:MHRIL Stock Report

Market Cap: ₹72.0b

Mahindra Holidays & Resorts India Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Manoj Bhat

Chief executive officer

₹40.0m

Total compensation

CEO salary percentage96.24%
CEO tenure1.2yrs
CEO ownershipn/a
Management average tenure1.2yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

Mahindra Holidays & Resorts India (NSE:MHRIL) Seems To Use Debt Quite Sensibly

Jun 18
Mahindra Holidays & Resorts India (NSE:MHRIL) Seems To Use Debt Quite Sensibly

Solid Earnings Reflect Mahindra Holidays & Resorts India's (NSE:MHRIL) Strength As A Business

May 05
Solid Earnings Reflect Mahindra Holidays & Resorts India's (NSE:MHRIL) Strength As A Business
author-image

Expanding Destinations And Technology Adoption Will Improve Customer Experience

Inventory expansion with new destinations and rooms is expected to boost demand and future revenue growth.

Returns On Capital At Mahindra Holidays & Resorts India (NSE:MHRIL) Have Stalled

Jan 29
Returns On Capital At Mahindra Holidays & Resorts India (NSE:MHRIL) Have Stalled

Mahindra Holidays & Resorts India Limited's (NSE:MHRIL) Shares May Have Run Too Fast Too Soon

Jan 03
Mahindra Holidays & Resorts India Limited's (NSE:MHRIL) Shares May Have Run Too Fast Too Soon

Solid Earnings Reflect Mahindra Holidays & Resorts India's (NSE:MHRIL) Strength As A Business

Nov 03
Solid Earnings Reflect Mahindra Holidays & Resorts India's (NSE:MHRIL) Strength As A Business

We Like These Underlying Return On Capital Trends At Mahindra Holidays & Resorts India (NSE:MHRIL)

Aug 17
We Like These Underlying Return On Capital Trends At Mahindra Holidays & Resorts India (NSE:MHRIL)

Here's Why Mahindra Holidays & Resorts India (NSE:MHRIL) Has A Meaningful Debt Burden

Jun 12
Here's Why Mahindra Holidays & Resorts India (NSE:MHRIL) Has A Meaningful Debt Burden

Mahindra Holidays & Resorts India's (NSE:MHRIL) Earnings Seem To Be Promising

May 04
Mahindra Holidays & Resorts India's (NSE:MHRIL) Earnings Seem To Be Promising

Here's Why We Think Mahindra Holidays & Resorts India (NSE:MHRIL) Might Deserve Your Attention Today

Mar 05
Here's Why We Think Mahindra Holidays & Resorts India (NSE:MHRIL) Might Deserve Your Attention Today

Mahindra Holidays & Resorts India (NSE:MHRIL) Hasn't Managed To Accelerate Its Returns

Feb 20
Mahindra Holidays & Resorts India (NSE:MHRIL) Hasn't Managed To Accelerate Its Returns

Is Mahindra Holidays & Resorts India (NSE:MHRIL) A Risky Investment?

Oct 25
Is Mahindra Holidays & Resorts India (NSE:MHRIL) A Risky Investment?

Estimating The Fair Value Of Mahindra Holidays & Resorts India Limited (NSE:MHRIL)

Dec 31
Estimating The Fair Value Of Mahindra Holidays & Resorts India Limited (NSE:MHRIL)

These 4 Measures Indicate That Mahindra Holidays & Resorts India (NSE:MHRIL) Is Using Debt Extensively

Sep 03
These 4 Measures Indicate That Mahindra Holidays & Resorts India (NSE:MHRIL) Is Using Debt Extensively

CEO Compensation Analysis

How has Manoj Bhat's remuneration changed compared to Mahindra Holidays & Resorts India's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025₹40m₹39m

₹1b

Compensation vs Market: Manoj's total compensation ($USD464.27K) is about average for companies of similar size in the Indian market ($USD373.40K).

Compensation vs Earnings: Insufficient data to compare Manoj's compensation with company performance.


CEO

Manoj Bhat (52 yo)

1.2yrs
Tenure
₹40,044,000
Compensation

Mr. Manoj Bhat is MD, CEO & Additional Director of Mahindra Holidays & Resorts India Limited from May 17, 2024. Mr. Bhat served as Non-Executive Director at Tech Mahindra Limited since April 2, 2021 until...


Leadership Team

NamePositionTenureCompensationOwnership
Manoj Bhat
MD, CEO & Additional Director1.2yrs₹40.04mno data
Vimal Agarwal
Chief Financial Officer1.2yrs₹20.88mno data
Dhanraj Mulki
General Counsel6.8yrs₹10.09m0.0050%
₹ 3.6m
Hoshedar Havewala
Chief Legal Officerless than a yearno datano data
Tanvi Choksi
Chief Human Resources Officerless than a yearno datano data
Rohit Malik
Chief Strategic Initiativesno datano data0.0032%
₹ 2.3m
Zubin Kutar
Head Digital Marketing3.9yrsno datano data
Santhosh Kutty
Chief Business Officer of Business Developmentno datano datano data
Manish Goel
Chief Projects Officer1.4yrsno datano data
Ashutosh Pandey
Chief Business Officer & Senior Management Personnel of the Companyless than a yearno datano data
Mahesh Iyer
Chief Business Officer of Leisure Hospitality1.3yrsno datano data
Julian Ayers
Chief Resorts Officerno datano data0.00060%
₹ 432.2k
1.2yrs
Average Tenure
58yo
Average Age

Experienced Management: MHRIL's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Manoj Bhat
MD, CEO & Additional Director1.2yrs₹40.04mno data
Chander Gurnani
Chairman2.3yrs₹3.96mno data
Rajat Jain
Non-Executive Independent Director2.7yrs₹3.18mno data
Sangeeta Talwar
Non-Executive Independent Director5.4yrs₹3.23mno data
Diwakar Gupta
Non-Executive Independent Director4.6yrs₹3.96mno data
Ruzbeh Irani
Non-Executive Non-Independent Director4.5yrsno datano data
Anish Shah
Non-Executive Non-Independent Director5.2yrsno datano data
4.5yrs
Average Tenure
62yo
Average Age

Experienced Board: MHRIL's board of directors are considered experienced (4.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/22 12:46
End of Day Share Price 2025/07/22 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mahindra Holidays & Resorts India Limited is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vijayaraghavan SwaminathanAvendus Spark
Prithviraj SrinivasAxis Capital Limited
Ashit DesaiBatlivala & Karani Securities India Pvt. Ltd.