Mahindra Lifespace Developers Ltd

Mahindra Lifespace Developers Ltd

₹ 341 0.00%
30 Apr - close price
About

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]

Key Points

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]

  • 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
162 95 70 187 255 98 18 82 14 188 8 167 9
197 127 109 198 283 141 53 121 68 230 55 193 64
Operating Profit -36 -32 -39 -11 -27 -43 -35 -39 -54 -42 -48 -25 -55
OPM % -22% -34% -56% -6% -11% -44% -196% -48% -379% -22% -627% -15% -597%
117 119 31 51 38 37 8 82 119 55 45 28 149
Interest 2 2 2 3 3 4 0 0 3 6 7 4 2
Depreciation 2 2 3 3 3 3 3 4 4 4 4 4 6
Profit before tax 78 83 -14 33 4 -14 -30 39 59 3 -14 -5 87
Tax % -77% 9% -47% -4% 86% -69% -36% -28% -22% -314% 0% 336% 2%
138 76 -8 34 1 -4 -19 50 71 13 -14 -22 85
EPS in Rs 8.85 4.88 -0.50 2.15 0.03 -0.28 -1.22 3.23 4.61 0.82 -0.90 -1.45 5.49
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
51.33% 51.31% 51.30% 51.28% 51.20% 51.19% 51.18% 51.17% 51.16% 51.15% 51.15% 51.14%
10.60% 11.42% 11.07% 11.30% 11.45% 11.87% 8.53% 9.12% 9.74% 9.82% 9.99% 9.55%
18.92% 18.34% 18.96% 19.44% 19.86% 20.18% 23.18% 22.24% 21.26% 20.91% 20.70% 20.11%
19.15% 18.92% 18.66% 17.98% 17.48% 16.77% 17.10% 17.47% 17.84% 18.12% 18.15% 19.20%
No. of Shareholders 68,92974,05373,01272,86574,13291,84097,9671,06,6301,09,4711,11,0371,12,3861,15,855

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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