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 ₹ 5,299 Cr.
- Current Price ₹ 341
- High / Low ₹ 650 / 276
- Stock P/E 86.4
- Book Value ₹ 122
- Dividend Yield 0.78 %
- ROCE 2.95 %
- ROE 3.25 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 49.2%
Cons
- Stock is trading at 2.79 times its book value
- The company has delivered a poor sales growth of -9.43% over past five years.
- Tax rate seems low
- Company has a low return on equity of 3.22% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.278 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.
Peer comparison
Sector: Construction Industry: Construction
Part of BSE SmallCap BSE Allcap BSE 500 BSE Consumer Discretionary BSE 400 MidSmallCap Index
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
705 | 1,086 | 593 | 762 | 566 | 593 | 611 | 166 | 394 | 607 | 212 | 372 | |
535 | 662 | 508 | 712 | 509 | 567 | 692 | 260 | 481 | 717 | 383 | 542 | |
Operating Profit | 171 | 424 | 86 | 50 | 57 | 26 | -81 | -94 | -88 | -110 | -171 | -170 |
OPM % | 24% | 39% | 14% | 7% | 10% | 4% | -13% | -56% | -22% | -18% | -81% | -46% |
51 | 61 | 92 | 113 | 123 | 134 | -100 | 34 | 200 | 239 | 246 | 278 | |
Interest | 50 | 51 | 36 | 20 | 41 | 12 | 8 | 11 | 7 | 11 | 7 | 19 |
Depreciation | 10 | 13 | 4 | 5 | 4 | 4 | 8 | 7 | 7 | 12 | 14 | 18 |
Profit before tax | 161 | 421 | 138 | 139 | 135 | 143 | -196 | -78 | 99 | 106 | 54 | 70 |
Tax % | 32% | 33% | 31% | 24% | 23% | 17% | -1% | -8% | -63% | 3% | -81% | 13% |
110 | 283 | 95 | 106 | 103 | 119 | -195 | -71 | 162 | 103 | 98 | 61 | |
EPS in Rs | 6.57 | 17.31 | 5.96 | 6.64 | 6.56 | 7.77 | -12.55 | -4.66 | 10.00 | 6.56 | 6.34 | 3.95 |
Dividend Payout % | 24% | 18% | 27% | 24% | 30% | 26% | 0% | 0% | 20% | 35% | 42% | 71% |
Compounded Sales Growth | |
---|---|
10 Years: | -10% |
5 Years: | -9% |
3 Years: | -2% |
TTM: | 76% |
Compounded Profit Growth | |
---|---|
10 Years: | -14% |
5 Years: | 24% |
3 Years: | -5% |
TTM: | -28% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 41% |
3 Years: | -3% |
1 Year: | -46% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 2% |
3 Years: | 3% |
Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 1,221 | 1,434 | 1,589 | 1,659 | 2,008 | 1,878 | 1,650 | 1,580 | 1,634 | 1,651 | 1,718 | 1,741 |
1,401 | 1,238 | 784 | 652 | 459 | 228 | 237 | 245 | 286 | 268 | 877 | 1,439 | |
764 | 896 | 596 | 535 | 481 | 836 | 603 | 697 | 963 | 1,537 | 2,213 | 3,085 | |
Total Liabilities | 3,427 | 3,609 | 3,010 | 2,886 | 2,998 | 2,994 | 2,542 | 2,573 | 3,037 | 3,611 | 4,963 | 6,421 |
323 | 354 | 77 | 100 | 95 | 95 | 98 | 91 | 103 | 37 | 24 | 26 | |
CWIP | 15 | 8 | 1 | 8 | 9 | 10 | 12 | 15 | 3 | 5 | 5 | 5 |
Investments | 301 | 222 | 816 | 742 | 926 | 688 | 548 | 558 | 622 | 905 | 914 | 904 |
2,787 | 3,026 | 2,116 | 2,036 | 1,967 | 2,201 | 1,883 | 1,909 | 2,308 | 2,664 | 4,020 | 5,486 | |
Total Assets | 3,427 | 3,609 | 3,010 | 2,886 | 2,998 | 2,994 | 2,542 | 2,573 | 3,037 | 3,611 | 4,963 | 6,421 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-256 | 300 | -174 | 70 | 194 | 168 | -63 | -68 | -52 | -148 | -661 | -542 | |
-195 | 42 | 106 | 141 | -180 | 288 | 88 | 110 | 123 | 26 | 214 | 273 | |
386 | -336 | 139 | -255 | -40 | -370 | -67 | -20 | 12 | -27 | 489 | 416 | |
Net Cash Flow | -65 | 6 | 72 | -44 | -25 | 85 | -42 | 23 | 83 | -149 | 42 | 147 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 56 | 16 | 39 | 36 | 94 | 85 | 68 | 124 | 85 | 78 | 184 | 136 |
Inventory Days | 5,436 | |||||||||||
Days Payable | 284 | |||||||||||
Cash Conversion Cycle | 56 | 16 | 39 | 36 | 94 | 85 | 68 | 124 | 85 | 78 | 184 | 5,288 |
Working Capital Days | 1,053 | 722 | 825 | 610 | 743 | 652 | 658 | 2,286 | 931 | 550 | 2,559 | 1,802 |
ROCE % | 8% | 17% | 7% | 7% | 7% | 6% | -3% | -3% | 1% | 2% | 2% | 3% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
6h - Temporary resignation of Company Secretary Bijal Parmar; Snehal Patil appointed interim from April 25, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Earnings call held on April 28, 2025, discussing FY24 financial results; no unpublished price sensitive info shared.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Earnings call held on April 28, 2025, discussing Q4 and FY24 financial results; no new price sensitive info shared.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Newspaper Publication of Annual Audited Consolidated Financial Results for the 4th Quarter and Financial Year ended 31st March, 2025.
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Announcement under Regulation 30 (LODR)-Investor Presentation
26 Apr - Earning Presentation for the fourth quarter and financial year ended on March 31, 2025
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
from bse
Concalls
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Apr 2025TranscriptNotesPPT
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Oct 2016Transcript PPT
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Jul 2016Transcript PPT
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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]