Mahindra Holidays & Resorts India Limited — Investor Meet, 03-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Mahindra Holidays reports strong Q3 standalone financials: income up 6% to Rs. 415 Cr, EBITDA up 17% to Rs. 149 Cr with 36% margins, and PAT up 8% to Rs. 55 Cr. Consolidated income rose 10% to Rs. 783 Cr. The company added 273 keys, expanding its network to 6,015. A new 'Keystone' membership plan was launched, showing early signs of a 15-20% Average Unit Realization increase. Management continues to focus on member experience, portfolio quality, and capital-light growth. The overseas business (HCR) faced weather challenges in Q3, but Q4 looks better, with FY26 EBIT projected near break-even.