Business
Beachcomber Profits Soar as Tourism Giant Repays Rs 1.25 Billion State Investment
New Mauritius Hotels Limited, trading as Beachcomber Resorts & Hotels, has posted a surge in half-year profits, bolstered by a “commendable” performance across its luxury portfolio and a significant multi-billion rupee repayment to the state.
The group reported a 46% increase in Profit After Tax (PAT), reaching Rs 1.6 billion for the semester ending 31 December 2025. The results were driven by a 12% rise in revenue to Rs 9.7 billion, as the company capitalised on high occupancy levels and improved room rates during the peak second quarter.
Debt Reduction and Financial Health
A defining milestone of the period was the refund of Rs 1.25 billion to the Mauritius Investment Corporation (MIC) in December 2025. This repayment, alongside the redemption of Rs 1.1 billion in convertible secured bonds, signals a robust strengthening of the group’s balance sheet.
Total assets have climbed to Rs 49.5 billion, up from Rs 46.6 billion in June 2025, while the company maintains a healthy cash reserve of Rs 1.2 billion.
Performance at a Glance (Semester Ended Dec 2025)
| Metric | Amount | Year-on-Year Change |
| Revenue | Rs 9.7 billion | Up 12% |
| EBITDA | Rs 3.2 billion | Up 25% |
| Profit After Tax | Rs 1.6 billion | Up 46% |
| Earnings Per Share | Rs 2.60 | Up from Rs 1.71 |
Strategic Expansion and Renovations
Looking ahead, management has set ambitious targets, forecasting full-year turnover to exceed Rs 18 billion with EBITDA surpassing Rs 5.5 billion. To sustain this momentum, Beachcomber has outlined several high-profile strategic moves:
- Zanzibar Acquisition: Plans are underway to acquire a luxury resort in the region.
- Morocco Expansion: Further development is planned, pending final regulatory clearances.
- Trou aux Biches Renovation: A major refurbishment of the iconic Trou aux Biches Beachcomber is scheduled between May and October 2026.
Market Outlook and Risks
While forward bookings through to June 2026 remain ahead of last year’s figures, the group warned of upcoming challenges. The temporary closure of Trou aux Biches for works is expected to impact revenue in the latter half of 2026.
Additionally, the group noted that performance remains sensitive to global travel trends and potential taxation changes, similar to those recently observed in its Seychelles operations.
Despite these variables, the board remains optimistic, citing the “wisdom, truth, and authenticity” of the brand’s roadmap as it continues to navigate a favourable period for the Mauritian tourism sector.
Read the New Mauritius Hotels Limited 2026 interim results for the half year
