Mahindra Lifespace Developers Ltd
Mahindra Lifespace Developers Ltd was incorporated in 1999, it is engaged in the business of development of the real estate, residential facilities, commercial complexes and through its subsidiary companies is involved in various infrastructure projects including the development of SEZs and Industrial Clusters. [1][2]
- Market Cap ₹ 7,860 Cr.
- Current Price ₹ 369
- High / Low ₹ 595 / 254
- Stock P/E 153
- Book Value ₹ 73.0
- Dividend Yield 0.76 %
- ROCE 3.30 %
- ROE 3.31 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 35.4% CAGR over last 5 years
- Debtor days have improved from 516 to 132 days.
Cons
- Stock is trading at 5.03 times its book value
- The company has delivered a poor sales growth of -4.51% over past five years.
- Company has a low return on equity of 0.21% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.283 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
307 | 624 | 502 | 681 | 475 | 486 | 440 | 90 | 253 | 472 | 19 | 349 | |
278 | 398 | 434 | 646 | 439 | 462 | 504 | 195 | 375 | 572 | 196 | 526 | |
Operating Profit | 29 | 226 | 68 | 34 | 36 | 24 | -64 | -106 | -123 | -100 | -177 | -176 |
OPM % | 9% | 36% | 14% | 5% | 8% | 5% | -15% | -118% | -49% | -21% | -949% | -50% |
114 | 136 | 99 | 73 | 82 | 69 | -156 | 46 | 156 | 269 | 127 | 283 | |
Interest | 39 | 22 | 47 | 32 | 35 | 5 | 2 | 4 | 5 | 9 | 7 | 28 |
Depreciation | 2 | 3 | 4 | 4 | 4 | 3 | 7 | 7 | 6 | 10 | 13 | 18 |
Profit before tax | 101 | 338 | 117 | 71 | 79 | 85 | -230 | -70 | 22 | 151 | -70 | 61 |
Tax % | 23% | 31% | 33% | 31% | 33% | 31% | -2% | -25% | -91% | -0% | -45% | 16% |
78 | 233 | 78 | 49 | 53 | 59 | -226 | -52 | 43 | 151 | -39 | 51 | |
EPS in Rs | 3.69 | 11.03 | 3.70 | 2.31 | 2.51 | 2.77 | -10.67 | -2.46 | 2.02 | 7.11 | -1.82 | 2.41 |
Dividend Payout % | 32% | 21% | 31% | 50% | 58% | 53% | 0% | 0% | 72% | 24% | -106% | 85% |
Compounded Sales Growth | |
---|---|
10 Years: | -6% |
5 Years: | -5% |
3 Years: | 11% |
TTM: | 1769% |
Compounded Profit Growth | |
---|---|
10 Years: | -14% |
5 Years: | 35% |
3 Years: | 42% |
TTM: | 169% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 40% |
3 Years: | -1% |
1 Year: | -36% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | -1% |
3 Years: | 0% |
Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 41 | 41 | 41 | 41 | 51 | 51 | 51 | 51 | 155 | 155 | 155 | 155 |
Reserves | 1,096 | 1,282 | 1,431 | 1,452 | 1,754 | 1,700 | 1,445 | 1,394 | 1,337 | 1,458 | 1,388 | 1,401 |
696 | 500 | 691 | 564 | 368 | 120 | 124 | 112 | 171 | 241 | 872 | 1,439 | |
339 | 411 | 432 | 372 | 331 | 555 | 379 | 476 | 656 | 1,302 | 2,054 | 2,831 | |
Total Liabilities | 2,171 | 2,234 | 2,594 | 2,429 | 2,504 | 2,426 | 2,000 | 2,033 | 2,318 | 3,156 | 4,469 | 5,827 |
29 | 30 | 9 | 32 | 28 | 28 | 31 | 24 | 36 | 35 | 24 | 25 | |
CWIP | 0 | 0 | 1 | 8 | 9 | 10 | 12 | 15 | 3 | 5 | 5 | 5 |
Investments | 750 | 573 | 800 | 804 | 851 | 651 | 467 | 470 | 491 | 763 | 648 | 605 |
1,393 | 1,631 | 1,784 | 1,584 | 1,616 | 1,738 | 1,490 | 1,525 | 1,788 | 2,353 | 3,793 | 5,191 | |
Total Assets | 2,171 | 2,234 | 2,594 | 2,429 | 2,504 | 2,426 | 2,000 | 2,033 | 2,318 | 3,156 | 4,469 | 5,827 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-132 | 87 | -165 | 142 | 106 | 160 | -90 | -92 | -71 | -181 | -706 | -97 | |
-147 | 202 | 146 | 3 | -79 | 222 | 102 | 137 | 112 | 20 | 209 | -175 | |
222 | -284 | 118 | -237 | -37 | -309 | -48 | -21 | 42 | 23 | 540 | 421 | |
Net Cash Flow | -57 | 4 | 99 | -92 | -10 | 73 | -36 | 24 | 83 | -138 | 43 | 149 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 31 | 9 | 37 | 32 | 91 | 85 | 74 | 204 | 98 | 76 | 1,341 | 132 |
Inventory Days | 4,632 | |||||||||||
Days Payable | 252 | |||||||||||
Cash Conversion Cycle | 31 | 9 | 37 | 32 | 91 | 85 | 74 | 204 | 98 | 76 | 1,341 | 4,512 |
Working Capital Days | 958 | 590 | 807 | 517 | 736 | 691 | 795 | 3,456 | 1,181 | 665 | 28,018 | 1,440 |
ROCE % | 8% | 20% | 8% | 5% | 5% | 4% | 1% | -4% | -5% | 2% | -5% | 3% |
Documents
Announcements
-
Annuoncement Under Regulation 30 - Communication To Shareholders: Dividend For FY 2024-25 - Intimation On Tax
Deduction At Source (TDS) / Withholding Tax On Dividend
20h - Board recommends Rs.2.80/share dividend for FY25; details on TDS and tax documentation provided.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Mahindra Lifespaces launches residential project 'Codename64' in Malad, Mumbai on June 23, 2025.
-
Intimation Under Regulation 30 - Product Launch
1d - Mahindra Lifespaces launches 'Codename64', a residential project in Malad West, Mumbai on June 23, 2025.
-
Announcement under Regulation 30 (LODR)-Change in Management
21 Jun - Appointment of Anshu Shukla as Chief Design Officer effective June 25, 2025.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
19 Jun - Advertisement pertaining to Allotment of Equity Shares under Rights Issue
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
-
Financial Year 2011
from bse
Concalls
-
May 2025Transcript PPT
-
Feb 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Jul 2024Transcript PPT
-
Jun 2024TranscriptNotesPPT
-
May 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
May 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Mar 2022TranscriptNotesPPT
-
Feb 2022Transcript PPT
-
Oct 2021Transcript PPT
-
Jul 2021Transcript PPT
-
May 2021Transcript PPT
-
Jan 2021Transcript PPT
-
Nov 2020Transcript PPT
-
Jul 2020Transcript PPT
-
May 2020Transcript PPT
-
Jan 2020Transcript PPT
-
Oct 2019Transcript PPT
-
Oct 2019TranscriptNotesPPT
-
Jul 2019Transcript PPT
-
Apr 2019Transcript PPT
-
Apr 2019TranscriptNotesPPT
-
Feb 2019Transcript PPT
-
Oct 2018Transcript PPT
-
Jul 2018TranscriptNotesPPT
-
Jun 2018TranscriptPPT
-
Apr 2018Transcript PPT
-
Jan 2018TranscriptNotesPPT
-
Jan 2018Transcript PPT
-
Oct 2017Transcript PPT
-
Feb 2017TranscriptNotesPPT
-
Jan 2017TranscriptNotesPPT
-
Oct 2016Transcript PPT
-
Jul 2016Transcript PPT
-
Apr 2016TranscriptNotesPPT
Business Segments
1) Project Management and Development (99% in H1 FY25 vs 98% in FY22): [1] [2] The company’s development portfolio includes premium residential projects, value homes under the Mahindra Happinest brand, and integrated cities and industrial clusters under the Mahindra World City and *Origins by Mahindra brands.
[3]