Mahindra Lifespace Developers Ltd

₹ 470 -0.33%
03 Oct - 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 Offering
Project Management and Development(96%): This segment of the business includes income from the sale of residential units across projects, project management and development in India.
Operating of Commercial Complexes (4%): This segment of the business includes rental income from commercial properties in New Delhi. [1][2]

  • Market Cap 7,271 Cr.
  • Current Price 470
  • High / Low 555 / 218
  • Stock P/E 59.5
  • Book Value 116
  • Dividend Yield 0.43 %
  • ROCE 0.54 %
  • ROE 4.22 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 4.06 times its book value
  • The company has delivered a poor sales growth of -12.4% over past five years.
  • Company has a low return on equity of -1.20% over last 3 years.
  • Earnings include an other income of Rs.314 Cr.
  • Dividend payout has been low at 6.67% of profits over last 3 years

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
106 324 79 101 14 31 65 56 148 59 24 162 95
103 310 102 202 41 49 84 93 172 50 63 197 127
Operating Profit 3 14 -23 -101 -27 -18 -18 -37 -24 9 -39 -36 -32
OPM % 3% 4% -29% -100% -189% -58% -28% -66% -16% 15% -159% -22% -34%
16 6 29 -125 8 10 16 7 7 18 59 117 119
Interest 2 2 2 1 4 2 3 2 1 2 2 2 2
Depreciation 2 2 2 2 2 2 2 2 2 1 1 2 2
Profit before tax 15 16 2 -229 -25 -12 -8 -34 -19 24 17 78 83
Tax % 14% 4% 14% 2% 17% -15% -25% 17% 28% 45% -47% -77% 9%
Net Profit 13 15 2 -225 -20 -13 -10 -28 -14 13 25 138 76
EPS in Rs 0.84 1.02 0.12 -14.53 -1.30 -0.87 -0.73 -1.77 -0.90 0.42 1.62 8.85 4.88
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
612 701 738 705 1,086 593 762 566 593 611 166 394 340
435 510 425 535 662 508 712 509 567 692 260 481 437
Operating Profit 176 191 313 171 424 86 50 57 26 -81 -94 -88 -97
OPM % 29% 27% 42% 24% 39% 14% 7% 10% 4% -13% -56% -22% -29%
15 27 34 51 61 92 113 123 134 -100 34 200 314
Interest 11 21 102 50 51 36 20 41 12 8 11 7 7
Depreciation 8 9 9 10 13 4 5 4 4 8 7 7 7
Profit before tax 172 188 236 161 421 138 139 135 143 -196 -78 99 202
Tax % 34% 32% 34% 32% 33% 31% 24% 23% 17% 1% 8% -63%
Net Profit 113 129 156 110 283 95 106 103 119 -195 -71 162 251
EPS in Rs 7.07 7.78 9.23 6.57 17.31 5.96 6.64 6.56 7.77 -12.55 -4.66 10.00 15.77
Dividend Payout % 19% 21% 17% 24% 18% 27% 24% 30% 26% 0% 0% 20%
Compounded Sales Growth
10 Years: -6%
5 Years: -12%
3 Years: -13%
TTM: 13%
Compounded Profit Growth
10 Years: -5%
5 Years: -7%
3 Years: -15%
TTM: 291%
Stock Price CAGR
10 Years: 14%
5 Years: 25%
3 Years: 49%
1 Year: 72%
Return on Equity
10 Years: 5%
5 Years: 2%
3 Years: -1%
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
41 41 41 41 41 41 41 51 51 51 51 155
Reserves 1,024 1,114 1,252 1,221 1,434 1,589 1,659 2,008 1,878 1,650 1,580 1,634
544 667 966 1,401 1,238 784 652 459 228 237 245 286
409 449 599 764 896 596 535 481 836 603 697 963
Total Liabilities 2,018 2,271 2,858 3,427 3,609 3,010 2,886 2,998 2,994 2,542 2,573 3,037
208 224 304 323 354 77 100 95 95 98 91 103
CWIP 17 8 7 15 8 1 8 9 10 12 15 3
Investments 87 175 133 301 222 816 742 926 688 548 558 622
1,706 1,864 2,414 2,787 3,026 2,116 2,036 1,967 2,201 1,883 1,909 2,308
Total Assets 2,018 2,271 2,858 3,427 3,609 3,010 2,886 2,998 2,994 2,542 2,573 3,037

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
18 -52 -158 -256 300 -174 70 194 168 -63 -68 -52
41 -57 -27 -195 42 106 141 -180 288 88 110 123
46 14 176 386 -336 139 -255 -40 -370 -67 -20 12
Net Cash Flow 105 -96 -10 -65 6 72 -44 -25 85 -42 23 83

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 103 103 45 56 16 39 36 94 85 68 124 85
Inventory Days
Days Payable
Cash Conversion Cycle 103 103 45 56 16 39 36 94 85 68 124 85
Working Capital Days 673 637 798 1,053 722 825 610 743 652 658 2,286 931
ROCE % 12% 12% 16% 8% 17% 7% 7% 7% 7% -3% -4% 1%

Shareholding Pattern

Numbers in percentages

2 recently
Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
51.52 51.52 51.52 51.47 51.47 51.46 51.46 51.45 51.45 51.34 51.33 51.33
14.05 13.57 13.42 13.05 12.66 12.41 13.50 12.59 11.60 10.61 9.77 10.60
11.13 10.60 13.06 13.86 13.99 14.48 14.21 16.02 16.02 17.38 18.81 18.92
23.30 24.31 22.00 21.61 21.88 21.65 20.84 19.95 20.94 20.67 20.08 19.15

Documents

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