Mahindra Holidays & Resorts India Limited

rs,

Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051. Symbol: MHRIL BSE Limited Floor 25, PJ Towers, Dalai Street, Fort, Mumbai - 400 001. Scrip Code: 533088 Dear Sir/Madam, Sub.: Earnings presen

3%

.7 4.4 4.2 3.7 ~1~ ~ ~ 3.3 3.0 Annual Household income (Rs mn) >2.8 High 9Mn (3%) 2030 34.8 1111 26.5 7.2 6.0 5.9 3 - 0.5 - 2.8 0.2 - 0.5 5.2 ~ ~ <0.2 3.

29%

26.5 7.2 6.0 5.9 3 - 0.5 - 2.8 0.2 - 0.5 5.2 ~ ~ <0.2 3.9 Lower mid 85Mn (29%) Low 134Mn (45%) Lower mid 119Mn (31%) Low 92Mn (24%) 2021 2030 India to become the

45%

5.9 3 - 0.5 - 2.8 0.2 - 0.5 5.2 ~ ~ <0.2 3.9 Lower mid 85Mn (29%) Low 134Mn (45%) Lower mid 119Mn (31%) Low 92Mn (24%) 2021 2030 India to become the 3'" largest economy

31%

0.2 - 0.5 5.2 ~ ~ <0.2 3.9 Lower mid 85Mn (29%) Low 134Mn (45%) Lower mid 119Mn (31%) Low 92Mn (24%) 2021 2030 India to become the 3'" largest economy by 2030 7 Growth rate

24%

~ ~ <0.2 3.9 Lower mid 85Mn (29%) Low 134Mn (45%) Lower mid 119Mn (31%) Low 92Mn (24%) 2021 2030 India to become the 3'" largest economy by 2030 7 Growth rate of discretionary s

19%

become the 3'" largest economy by 2030 7 Growth rate of discretionary spends is expected to be at 19% (2022-2030E) vs 6% in essential spends Consumer, lifestyle and e-commerce sectors are expected t

6%

t economy by 2030 7 Growth rate of discretionary spends is expected to be at 19% (2022-2030E) vs 6% in essential spends Consumer, lifestyle and e-commerce sectors are expected to incrementally cont

30%

ntial spends Consumer, lifestyle and e-commerce sectors are expected to incrementally contribute ~30% of total GDP addition by 2030 Source: Oxford Economics, S&P Global, WEF/Future of Consumption rep

512 billion

ly constraint market .~ ~ ClubMahindra Indian Travel & Tourism industry expected to reach USO 512 billion by 2028 Demand Supply Gap (2023-27) Limited Branded Supply; more so in Leisure Hotel demand t

1.7X

Limited Branded Supply; more so in Leisure Hotel demand to outpace Hotel room supply growth 1.7X Hotel demand growth outpacing Real GDP growth Strong Real GDP Growth Travel Growth Outlook

2.2x

and growth outpacing Real GDP growth Strong Real GDP Growth Travel Growth Outlook till FY30 2.2x no. of trips (2.3Bn pre-COVID) 2.7x travel expense ($150Bn pre-COVID) Penetration (Total Branded

“---- -- 19% r 02 FY25 02 FY26 02 FY25 02 FY26 02 FY25 02 FY26 One off gain ~ __ ~ One off loss PAT includes forex gain of Rs 1.8 Cr in 02FY26 vs Rs 5.1 Cr in 02FY25 Excluding forex impact, EBITDA up by 23% YoY & PAT up by 19% YoY 02FY26 PAT includes interest of Rs 8 Cr on tax expenses for prior years Customer Acquisition I 02 Performance .~ ~ ClubMahindra Sales Value (Rs Cr) AUR* (Rs Lakh) -26% 1----1 -----1 +85 % 1---7 180 53 I I I I I I I I ...”

“134 66 I T 9.30 5.00 Member Additions !---i -60% 1--- 1 I I 3583 1432 02 FY25 02 FY26 02 FY25 02 FY26 02 FY25 02 FY26 ■ New Membership Sales Upgrades Member Additions through Referral (HFRP) & Digital route at 66% in 02 FY26 vs 58% in 02 FY25 Cumulative Member Base of 304k * Includes Upgrades Greenfield projects underway Rendered Image Ganpatipule.”

“Finnish numbers 20 HCR Performance I 02FY26 .~ ~ ClubMahindra Euro Mn Income EBITDA PAT 34.2 34.0 1.8 1.3 02 FY25 02 FY26 02 FY25 02 FY26 0.1 - ■ 02 FY25 02 FY26 Timeshare sales impacted due to changes in credit policy; Spa & Renting revenue improved vs LY Financials are as per Finnish Accounting Standards (FAS) CLUB MAHINDRA POOVAR KERALA .~ ~ ClubMahindra Consolidated Financials 22 Consolidated Financials I Q2FY26 Rs.”

Rooms - upgrades to larger room sizes

1

Rooms - upgrades to larger room sizes

Product - Shorter tenure to Higher tenure Resort Income (F&B, Experiences such as Happy Hub, Spa, etc) Immersive family experiences Consistently High occupancies across seasons (80%+) 10 Wide selection of Holiday Destinations & Experiences .~ ~ ClubMahindra C l ubM.a hindra 5,742 rooms across 118 Resorts Holiday ■ Club 33 Timeshare/Spa Hotel Destinations in Europe •" if ClubM ahin d Ta l--1 o rizo r1s Holiday Exchange Program with 450+ partner hotels CLUB M ~S E L E C Ta- Offers 365-day engagement platform for members for dining, travel & lifestyle expenences + ~ RC I 4,300 Resorts through Exchange Network 11 .~ ~ ClubMahindra Standalone Performance CLUB MAHINDRA ASHTAMUDI KERALA 12 02 FY26 Performance Snapshot .~ ~ ClubMahindra Standalone Income Standalone Profit Cash Surplus Rs. 381 Cr (+3% YoY) Total Income Rs. 52 Cr (+10% YoY) PAT Rs. 1532 Cr (+6% YoY) Treasury balance Rs. 84 Cr (+8% YoY) Resort Revenue2 Rs. 141 Cr (+18% YoY) EBITDA 6.9% p.a. yield Sales Inventory 5742 keys Invento