The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Mahindra Holidays & Resorts India Limited is an India-based company operating in the leisure hospitality industry. The Company is engaged in the business of the sale of vacation ownership and accommodation-related services in India. It also provides holiday facilities. Club…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, fairly priced — but flagged on governance.
Mahindra Holidays is scored on the general / industrial framework. It keeps a thin 2.1% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 7.92× reported profit. It throws off free cash worth 8.0% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at 6%/yr and profit at -16%/yr. Book value itself has compounded 25%/yr — the hallmark of a genuine compounder. Return on equity is a weak 6.2%.
At 57× earnings, the stock sits at the 43rd percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price already implies ~27%/yr earnings growth sustained for a decade — a demanding bar. The forensic screen raises a red flag: 90% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 73.8 | 48.91 | worse |
| P/B | — | 0.84 | — |
| EV/EBITDA | 11.27 | 6.75 | worse |
| ROE | 6.18 | 1.06 | better |
| ROCE | 3.09 | 5.57 | worse |
| ROA | 0.45 | 1.08 | worse |
| Quick Ratio | 1.18 | 3.39 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| The Indian Hotels Co. | 53.4 | 9.3 | 16.2% |
| ITC Hotels | 38.7 | 3.1 | 7.9% |
| Leela Palaces Hotels & Resorts | 50.0 | 3.5 | 7.1% |
Revenue has grown every year across all 4 financial years shown. 6% CAGR — growing but slowly.
Profit is on a 2-year growth streak. Revenue is outpacing profit (6% vs -16%) — costs are rising faster than the top line. The latest year saw a -47% swing — check if it's a one-off or structural.
Operating margin has compressed from 7% to 4% — costs or competition are eating into profitability.
ROE at 9% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 20pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -16% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 7.9× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 6% sequentially — momentum is building. Low quarterly variance (8% spread) — a predictable, non-seasonal revenue stream.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 330% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (0% → 2%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 66.7% — heavily owner-operated with strong skin in the game. FIIs trimmed 2.1pp — foreign money is rotating out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.