Vijay Kedia’s Portfolio Hotel Stock In Focus As Company Expands its Kandaghat Property with 100+ Keys; Details Inside
The shares of the company have a PE of 80x and an ROE of 25 per cent.
Club Mahindra, the flagship brand of Mahindra Holidays & Resorts India Limited, has announced a major expansion of its Kandaghat resort. The Company has added more than 100 keys to the resort and will further add 40 plus rooms to the resort by Q1 FY26. This expansion will further enhance guest experiences, allowing members to enjoy the scenic beauty of Kandaghat.
Surrounded by the majestic, snow-capped Himalayan peaks, the expanded resort is now better equipped to cater to families and groups alike, offering a range of room types, including 1-bedroom units, studios, and hotel units. Conveniently located within driving distance from Kalka, Chandigarh, and New Delhi, and accessible from the nearest airports in Shimla and Chandigarh, the property remains a prime choice for travellers from North India. The expansion aims to cater to the increasing demand from members, especially those in the NCR and Punjab, who frequently seek vacations within drivable distance. With this expansion, Club Mahindra Kandaghat has started welcoming members, enabling them to create memorable vacation experiences.
In line with Mahindra Holidays & Resorts’ focus on sustainability, Club Mahindra Kandaghat integrates several initiatives including a rainwater harvesting system designed to support water conservation efforts and a zero-discharge Sewage Treatment Plant (STP), ensuring that treated water is repurposed for flushing and irrigation. These measures reflect the brand’s strong commitment to environmental responsibility and its dedication to reducing ecological impact while preserving the natural beauty of Kandaghat. In addition, the resort offers curated activities, including local Himachali food, nature trails, and unique wellness experiences, allowing members to immerse themselves in the beauty and heritage of Kandaghat fully
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About the Company
Mahindra Holidays & Resorts India Limited (MHRIL), part of the Mahindra Group's leisure and hospitality sector, is a leading vacation ownership company in India. Founded in 1996, the Club Mahindra brand is the largest vacation ownership company outside the US and boasts over 2,50,000 members. They offer family vacation memberships with different tiers catering to various age groups: Club Mahindra targets those 30 and over, Bliss is a points-based system designed for the 50+ age group, and GoZest offers a three-year points membership aimed at younger individuals under 30.
An ace investor, Vijay Kedia bought 20,25,000 shares or a 1 per cent stake in the company. The company has a market cap of over Rs 7,800 crore and has a good return on equity (ROE) track record: 3 Years ROE 30.8 per cent. The shares of the company have a PE of 80x and an ROE of 25 per cent.
On Wednesday, shares of Mahindra Holidays & Resorts India Limited gained 1.28 per cent to Rs 387.90 from its previous closing of Rs 383 per share. The stock’s 52-week high is Rs 504.35 and its 52-week low is Rs 346.85. Investors should keep an eye on this small-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.