A quick note on Club Mahindra (MHRIL) . Rooms: Where? On September 30, 2010, they have 117,993 members. And 1,473 apartments. Even if they use them 100% for members, with one week per member and 52 weeks a year, they can only accomodate about 77,00…

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Club Mahindra (Mahindra Holidays) announced results on the 26th and the stock’s been seeing bad days. They highlight an occupancy ratio of 85%, but unfortunately the numbers seem to indicate that they are losing revenue at an alarming rate. Usually …

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Mahindra Holidays announced spectacular results – an EPS growth of over 100% in the quarter, to Rs. 2.83 and a nine-month EPS of Rs. 10.44. The FY 2009 EPS was Rs. 10.65, so to nearly equal that in nine months is a pretty good feat. There’s been …

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After a long time, I’ve decided to analyse an IPO draft prospectus. Note that this is not advice, just my opinion.

Price: 275 to 325.
Size: 92.65 Lakh shares (255 to 301 cr.). Of which, 59 lakh are fresh issuances, and the remaining are for sale by e…

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