Mahindra Holidays and Resorts Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook

Mon Apr 27 2026

Mahindra Holidays and Resorts (MHRIL) Q4 results for FY26 are expected in May 2026. With Q3 FY26 revenue of Rs 685 Cr and PAT of Rs 48 Cr as the base, the street is watching closely for margin trajectory and management guidance on FY27 demand.

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Mahindra Holidays and Resorts Q4 FY26 Earnings Preview â€” What to Expect

Q4 FY26 is a seasonally strong quarter for India’s hospitality sector, with robust domestic leisure and business travel, the wedding season and MICE events driving high occupancies and RevPAR growth across premium and mid-scale properties.

Mahindra Holidays and Resorts Q4 Results 2026 â€” Date and Key Estimates

Parameter	Q3 FY26 Actual	Q4 FY26 Estimate	YoY Growth
Revenue (Rs Cr)	685	738	+8%
PAT (Rs Cr)	48	58	+21%
EBITDA Margin	—	7.9%	Improvement expected
Results Date	—	May 2026	—
Dividend History	Rs 2.00 per share
Dividend Expectation	Rs 2.50 final dividend expected

Estimates based on analyst consensus as of April 2026. Actual results may vary. Verify before investing.

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5 Reasons Mahindra Holidays and Resorts Q4 Results Could Beat Estimates

RevPAR Expansion

Occupancy rates remain elevated near multi-year highs, with average room rates trending upward as supply additions lag demand growth. RevPAR improvement is broad-based across business and leisure markets.

Wedding and MICE Season

Q4 sees peak wedding and corporate conference demand, driving strong food and beverage and banquet revenues for premium and upscale hotels with large event infrastructure.

Corporate Travel Recovery

Domestic and inbound corporate travel has fully recovered to pre-COVID levels, providing steady weekday demand for business hotels in metros and Tier-1 cities.

Leisure Tourism Growth

Growing disposable incomes and domestic tourism promotion are expanding leisure travel to hill stations, beaches and cultural destinations, filling leisure inventory across the country.

Asset-Light Expansion

Management contracts and franchise agreements allow faster room count expansion with lower capital requirements, supporting earnings growth without proportionate equity dilution.

5 Key Risks to Watch in Mahindra Holidays and Resorts Q4 Results

Demand Cyclicality and Event Risk

Hospitality revenues are seasonal; any pandemic, political disruption or extreme weather event can sharply and suddenly impact occupancy rates.

New Hotel Supply Additions

Large-scale new hotel supply in key markets can create room rate pressure and reduce RevPAR growth momentum that currently benefits existing operators.

Staff Cost Inflation

Rising wages and high attrition in food service and housekeeping departments add to operating cost pressure for labour-intensive hospitality businesses.

Geopolitical Travel Disruptions

Regional conflicts and travel advisories can rapidly reduce both inbound international and domestic leisure travel to affected destinations.

Energy and F and B Cost Inflation

High energy consumption and rising food and beverage procurement costs are significant drivers of operational cost inflation for hotel operators.

Analyst Ratings and Target Price for Mahindra Holidays and Resorts

Brokerage	Rating	Key Thesis
Motilal Oswal	Buy	RevPAR expansion and new room addition pipeline
CLSA	Outperform	Strong leisure demand and hotel pricing power
JM Financial	Buy	Margin expansion on high operating leverage

Analyst ratings are for informational purposes only and subject to change. Not investment advice.

Mahindra Holidays and Resorts share price (MHRIL) is trading near Rs 248 with a market capitalisation of approximately Rs 5,020 Cr. Track the stock on Univest Screener for live price and fundamental data.

Q4 Results 2026 Calendar â€” Key Dates to Track

Company	Expected Results Date
Mahindra Holidays and Resorts	May 2026
TCS	April 2026
Infosys	April 2026

Stay updated on all Q4 FY26 earnings at Univest Blogs. For TCS results see TCS Q4 Results 2026 and for Infosys see Infosys Q4 Results 2026.

How to Invest in Mahindra Holidays and Resorts Based on Q4 Results

Before investing in Mahindra Holidays and Resorts based on Q4 results, consider the following approach: review the actual revenue and PAT versus analyst estimates, listen to the management earnings call for FY27 guidance, assess whether the EBITDA margin trajectory is improving or deteriorating, and check FII/DII activity patterns post-results. A beat on estimates with positive guidance is typically a bullish signal; a miss with downgraded guidance may indicate further correction risk.

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Frequently Asked Questions â€” Mahindra Holidays and Resorts Q4 Results 2026

Q: When will Mahindra Holidays and Resorts announce Q4 FY26 results?

Mahindra Holidays and Resorts (MHRIL) is expected to announce Q4 FY26 results in May 2026. The exact board meeting date will be communicated via BSE/NSE exchange filing. Track the date on Univest Screener.

Q: What is the revenue estimate for Mahindra Holidays and Resorts Q4 FY26?

Analyst consensus estimates Mahindra Holidays and Resorts Q4 FY26 revenue at approximately Rs 738 Cr, representing approximately 8% year-on-year growth. The actual number will depend on sector demand trends and execution in the quarter.

Q: What PAT is expected for Mahindra Holidays and Resorts in Q4 FY26?

Estimated PAT for Mahindra Holidays and Resorts Q4 FY26 is approximately Rs 58 Cr, up approximately 21% year-on-year. Margin expansion from operating leverage and input cost moderation are the primary drivers of profit growth expectations.

Q: Will Mahindra Holidays and Resorts declare a dividend in Q4 FY26?

Historical dividend pattern for Mahindra Holidays and Resorts: Rs 2.00 per share. For Q4 FY26, Rs 2.50 final dividend expected. Dividend declarations are subject to board approval at the time of results.

Q: What is the current share price and market cap of Mahindra Holidays and Resorts?

Mahindra Holidays and Resorts (MHRIL) is currently trading at approximately Rs 248 with a market capitalisation of Rs 5,020 Cr. Track live price, volume and FII/DII data on Univest Screener.

Q: What are the key risks for Mahindra Holidays and Resorts in Q4 FY26?

Key risks include: Demand Cyclicality and Event Risk, New Hotel Supply Additions, Staff Cost Inflation. Investors should monitor management commentary on these risks in the Q4 earnings call.

Q: Is Mahindra Holidays and Resorts a buy before Q4 results?

This article does not constitute investment advice. Whether to buy Mahindra Holidays and Resorts before Q4 results depends on your risk appetite, existing portfolio exposure and entry price relative to fair value. Consult a SEBI-registered financial advisor before making any investment decision.

Q: How can I track Mahindra Holidays and Resorts Q4 results live?

Track Mahindra Holidays and Resorts Q4 FY26 results live on the Univest Screener, which provides real-time price updates, financial data and analyst research. Download the Univest iOS App or Android App for mobile alerts.

Disclaimer: Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. Consult a SEBI-registered financial advisor before making any investment decisions. SEBI Registration: INH000012449.