Mahindra Lifespace Developers Ltd.
•₹ 379.80.69%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2024 • Projects, Project Management & Development: 97.9% • Operating of Commercial Complexes: 2.1%
PROS
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 47.9% CAGR over last 5 years
- Working capital cycle has improved - days down from 1547 to 613
- Stock looks reasonably valued - P/E of 24.0 is below its historical median
- Company comfortably covers its interest (29.1x coverage)
- Company has a consistent dividend-paying track record
CONS
- Company is loss-making at the operating / net level
- Operating cash flow has been negative in recent years
- Company has a low return on capital employed of 4.6%
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -3.82x)
- A large part of profit comes from other income (28.6% of PBT)
- Company has a low return on equity of 6.5% over last 3 years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | DLF | 667.10 | 37.14 | 165128.04 | 1.20 | 793.90 | -89.59 | 1280.34 | -52.87 | 6.81 | 49.68 |
| 2. | LODHA | 1206.00 | 29.21 | 120500.93 | 0.35 | 1373.10 | 103.39 | 4996.70 | 43.10 | 16.89 | 38.51 |
| 3. | PHOENIXLTD | 1915.15 | 53.51 | 68497.97 | 0.13 | 394.51 | 22.95 | 1074.94 | 12.80 | 13.70 | 59.77 |
| 4. | PRESTIGE | 1575.00 | 59.57 | 67840.01 | 0.13 | 271.40 | -12.87 | 2675.10 | 15.94 | 11.51 | 31.75 |
| 5. | OBEROIRLTY | 1859.00 | 25.70 | 67593.66 | 0.43 | 543.51 | 29.02 | 1300.89 | 31.73 | 17.69 | 56.75 |
| 6. | GODREJPROP | 1994.95 | 37.55 | 60093.18 | 0.50 | 349.38 | -41.61 | 506.17 | 16.48 | 8.37 | -57.98 |
| 7. | ANANTRAJ | 631.25 | 39.26 | 22717.23 | 0.16 | 149.19 | 18.50 | 631.40 | 6.58 | 12.23 | 29.53 |
| 8. | BRIGADE | 586.05 | 27.51 | 19120.43 | 0.26 | 216.94 | 37.35 | 1115.55 | -12.93 | 11.02 | 32.33 |
| 9. | ABREL | 1395.75 | 0.00 | 15589.92 | 0.18 | -34.59 | -27.73 | 188.85 | 30.95 | -4.54 | -30.02 |
| 10. | SOBHA | 1274.40 | 59.10 | 13630.20 | 0.47 | 50.85 | 273.37 | 1278.15 | 50.03 | 6.96 | 6.07 |
| 11. | SIGNATURE | 785.75 | 10.59 | 11054.40 | 0.00 | -16.53 | -148.00 | 551.99 | -36.24 | 5.56 | -8.10 |
| 12. | MAHLIFE | 374.30 | 24.03 | 7986.58 | 0.94 | 85.55 | -83.31 | 962.13 | 2909.48 | 8.34 | 10.71 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 98 | 18 | 82 | 14 | 188 | 8 | 167 | 9 | 32 | 18 | 459 | 670 | 962 | |
| 141 | 53 | 121 | 68 | 230 | 55 | 193 | 64 | 87 | 70 | 429 | 714 | 875 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 12 | 8 | 7 | 40 | 19 | 8 | 18 | 46 | 9 | 16 | 10 | 54 | 15 |
| Interest | 4 | 0 | 0 | 3 | 6 | 7 | 4 | 2 | 4 | 2 | 2 | 3 | 2 |
| Depreciation | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 6 | 7 | 6 | 6 | 5 |
| -38 | -30 | -36 | -20 | -33 | -50 | -15 | -17 | -56 | -45 | 58 | 1 | 111 | |
| Tax % | 24.42% | 35.71% | 30.07% | 63.80% | 28.94% | -0.04% | -114.63% | -8.86% | 17.12% | -6.24% | 35.39% | -773.68% | 22.93% |
| Net Profit | 0 | 0 | 0 | 0 | 127 | -140 | -22 | 851 | 513 | 479 | 1,089 | 901 | 86 |
| -0 | -1 | 3 | 5 | 1 | -1 | -1 | 5 | 3 | 2 | 5 | 4 | 0 | |
| Equity Capital | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 213 | 213 | 213 | 213 | 213 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 213 | 213 | 213 | 213 | 213 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 98
- 141
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 4
- Depreciation
- 3
- -38
- Tax %
- 24.42%
- Net Profit
- 0
- -0
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 18
- 53
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 0
- Depreciation
- 3
- -30
- Tax %
- 35.71%
- Net Profit
- 0
- -1
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 82
- 121
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 0
- Depreciation
- 4
- -36
- Tax %
- 30.07%
- Net Profit
- 0
- 3
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 14
- 68
- Operating Profit
- —
- OPM %
- —
- Other Income
- 40
- Interest
- 3
- Depreciation
- 4
- -20
- Tax %
- 63.80%
- Net Profit
- 0
- 5
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 188
- 230
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 6
- Depreciation
- 4
- -33
- Tax %
- 28.94%
- Net Profit
- 127
- 1
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 8
- 55
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 7
- Depreciation
- 4
- -50
- Tax %
- -0.04%
- Net Profit
- -140
- -1
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 167
- 193
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 4
- Depreciation
- 4
- -15
- Tax %
- -114.63%
- Net Profit
- -22
- -1
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 9
- 64
- Operating Profit
- —
- OPM %
- —
- Other Income
- 46
- Interest
- 2
- Depreciation
- 6
- -17
- Tax %
- -8.86%
- Net Profit
- 851
- 5
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 32
- 87
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 4
- Depreciation
- 6
- -56
- Tax %
- 17.12%
- Net Profit
- 513
- 3
- Equity Capital
- 213
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 213
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 18
- 70
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 2
- Depreciation
- 7
- -45
- Tax %
- -6.24%
- Net Profit
- 479
- 2
- Equity Capital
- 213
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 213
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 459
- 429
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 2
- Depreciation
- 6
- 58
- Tax %
- 35.39%
- Net Profit
- 1,089
- 5
- Equity Capital
- 213
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 213
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 670
- 714
- Operating Profit
- —
- OPM %
- —
- Other Income
- 54
- Interest
- 3
- Depreciation
- 6
- 1
- Tax %
- -773.68%
- Net Profit
- 901
- 4
- Equity Capital
- 213
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 213
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 962
- 875
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 2
- Depreciation
- 5
- 111
- Tax %
- 22.93%
- Net Profit
- 86
- 0
- Equity Capital
- 213
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 213
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 762 | 566 | 593 | 611 | 166 | 394 | 607 | 212 | 372 | 1,178 | 2,108 | |
| 712 | 509 | 567 | 668 | 260 | 483 | 717 | 383 | 542 | 1,300 | 2,088 | |
| Operating Profit | 119 | 135 | 87 | -22 | -72 | -75 | -57 | -104 | -78 | -34 | — |
| OPM % | 16 | 24 | 15 | -4 | -43 | -19 | -9 | -49 | -21 | -3 | — |
| Other Income | 69 | 78 | 61 | 35 | 22 | 15 | 53 | 67 | 92 | 88 | 94 |
| Interest | 20 | 41 | 12 | 8 | 11 | 7 | 11 | 7 | 19 | 11 | 9 |
| Depreciation | 5 | 4 | 4 | 8 | 7 | 7 | 12 | 14 | 18 | 24 | 23 |
| 139 | 135 | 143 | -196 | -78 | 99 | 106 | 54 | 71 | 306 | 125 | |
| Tax % | 24 | 23 | 17 | 1 | 8 | -63 | 3 | -81 | 13 | 3 | 34 |
| Net Profit | 106 | 103 | 119 | -195 | -71 | 162 | 103 | 98 | 61 | 298 | 82 |
| EPS | 23 | 20 | 23 | -38 | -14 | 10 | 7 | 6 | 4 | 14 | — |
| Dividend Payout % | 24 | 30 | 26 | 0 | 0 | 20 | 35 | 42 | 71 | 25 | — |
| Minority Interest | -4 | -2 | 1 | 1 | -0 | -7 | -1 | -0 | -0 | -0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 259 |
| Adjusted EPS | 8 | 6 | 7 | -12 | -4 | 9 | 6 | 6 | 4 | 14 | — |
| Minority Interest | -4 | -2 | 1 | 1 | -0 | -7 | -1 | -0 | -0 | -0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 259 |
| Adjusted EPS | 8 | 6 | 7 | -12 | -4 | 9 | 6 | 6 | 4 | 14 | — |
Mar 2017
- 762
- 712
- Operating Profit
- 119
- OPM %
- 16
- Other Income
- 69
- Interest
- 20
- Depreciation
- 5
- 139
- Tax %
- 24
- Net Profit
- 106
- EPS
- 23
- Dividend Payout %
- 24
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2018
- 566
- 509
- Operating Profit
- 135
- OPM %
- 24
- Other Income
- 78
- Interest
- 41
- Depreciation
- 4
- 135
- Tax %
- 23
- Net Profit
- 103
- EPS
- 20
- Dividend Payout %
- 30
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2019
- 593
- 567
- Operating Profit
- 87
- OPM %
- 15
- Other Income
- 61
- Interest
- 12
- Depreciation
- 4
- 143
- Tax %
- 17
- Net Profit
- 119
- EPS
- 23
- Dividend Payout %
- 26
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2020
- 611
- 668
- Operating Profit
- -22
- OPM %
- -4
- Other Income
- 35
- Interest
- 8
- Depreciation
- 8
- -196
- Tax %
- 1
- Net Profit
- -195
- EPS
- -38
- Dividend Payout %
- 0
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- -12
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- -12
Mar 2021
- 166
- 260
- Operating Profit
- -72
- OPM %
- -43
- Other Income
- 22
- Interest
- 11
- Depreciation
- 7
- -78
- Tax %
- 8
- Net Profit
- -71
- EPS
- -14
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -4
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -4
Mar 2022
- 394
- 483
- Operating Profit
- -75
- OPM %
- -19
- Other Income
- 15
- Interest
- 7
- Depreciation
- 7
- 99
- Tax %
- -63
- Net Profit
- 162
- EPS
- 10
- Dividend Payout %
- 20
- Minority Interest
- -7
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- -7
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2023
- 607
- 717
- Operating Profit
- -57
- OPM %
- -9
- Other Income
- 53
- Interest
- 11
- Depreciation
- 12
- 106
- Tax %
- 3
- Net Profit
- 103
- EPS
- 7
- Dividend Payout %
- 35
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2024
- 212
- 383
- Operating Profit
- -104
- OPM %
- -49
- Other Income
- 67
- Interest
- 7
- Depreciation
- 14
- 54
- Tax %
- -81
- Net Profit
- 98
- EPS
- 6
- Dividend Payout %
- 42
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2025
- 372
- 542
- Operating Profit
- -78
- OPM %
- -21
- Other Income
- 92
- Interest
- 19
- Depreciation
- 18
- 71
- Tax %
- 13
- Net Profit
- 61
- EPS
- 4
- Dividend Payout %
- 71
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2026
- 1,178
- 1,300
- Operating Profit
- -34
- OPM %
- -3
- Other Income
- 88
- Interest
- 11
- Depreciation
- 24
- 306
- Tax %
- 3
- Net Profit
- 298
- EPS
- 14
- Dividend Payout %
- 25
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 14
TTM
- 2,108
- 2,088
- Operating Profit
- —
- OPM %
- —
- Other Income
- 94
- Interest
- 9
- Depreciation
- 23
- 125
- Tax %
- 34
- Net Profit
- 82
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 259
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 259
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 7%
- 5 Years:
- 48%
- 3 Years:
- 25%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 13%
- 5 Years:
- —
- 3 Years:
- 43%
STOCK PRICE CAGR
- 10 Years:
- 12%
- 5 Years:
- 10%
- 3 Years:
- -7%
- 1 Year:
- 6%
RETURN ON EQUITY
- 10 Years:
- 4%
- 5 Years:
- 7%
- 3 Years:
- 6%
- Last Year:
- 11%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 41 | 51 | 51 | 51 | 51 | 155 | 155 | 155 | 155 | 213 |
| 1,654 | 2,002 | 1,874 | 1,645 | 1,574 | 1,630 | 1,648 | 1,714 | 1,736 | 3,404 | |
| 202 | 176 | 171 | 144 | 169 | 220 | 257 | 225 | 489 | 645 | |
| Trade Payables | 203 | 194 | 188 | 128 | 135 | 173 | 192 | 195 | 233 | 484 |
| 786 | 574 | 710 | 574 | 640 | 781 | 1,300 | 2,555 | 3,708 | 3,435 | |
| Total Liabilities | 2,886 | 2,998 | 2,994 | 2,542 | 2,570 | 2,959 | 3,552 | 4,843 | 6,321 | 8,181 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 76 | 73 | 74 | 77 | 70 | 83 | 17 | 24 | 26 | 27 | |
| Capital Work in Progress | 8 | 9 | 10 | 12 | 15 | 3 | 5 | 5 | 5 | 10 |
| 742 | 926 | 688 | 548 | 558 | 622 | 905 | 914 | 904 | 1,269 | |
| 1,171 | 912 | 1,345 | 1,204 | 1,345 | 1,442 | 2,098 | 3,378 | 4,462 | 5,175 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 107 | 139 | 228 | |
| Cash & Bank | 84 | 130 | 294 | 132 | 135 | 225 | 77 | 107 | 256 | 535 |
| 804 | 946 | 583 | 567 | 447 | 582 | 449 | 309 | 530 | 937 | |
| Total Assets | 2,886 | 2,998 | 2,994 | 2,542 | 2,570 | 2,959 | 3,552 | 4,843 | 6,321 | 8,181 |
| Total Debt | 652 | 459 | 228 | 232 | 244 | 280 | 265 | 873 | 1,432 | 645 |
| Net Working Capital | 1,302 | 1,324 | 1,182 | 1,085 | 1,007 | 1,006 | 928 | 1,468 | 1,578 | 1,979 |
| Contingent Liabilities | 96 | 352 | 344 | 343 | 90 | 73 | 93 | 230 | 250 | 227 |
| Book Value per Share | 412.93 | 400.09 | 374.93 | 330.31 | 316.39 | 115.46 | 116.52 | 120.56 | 121.93 | 169.56 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 652 | 459 | 228 | 232 | 244 | 280 | 265 | 873 | 1,432 | 645 |
| Net Working Capital | 1,302 | 1,324 | 1,182 | 1,085 | 1,007 | 1,006 | 928 | 1,468 | 1,578 | 1,979 |
| Contingent Liabilities | 96 | 352 | 344 | 343 | 90 | 73 | 93 | 230 | 250 | 227 |
| Book Value per Share | 412.93 | 400.09 | 374.93 | 330.31 | 316.39 | 115.46 | 116.52 | 120.56 | 121.93 | 169.56 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 41
- 1,654
- 202
- Trade Payables
- 203
- 786
- Total Liabilities
- 2,886
- 76
- Capital Work in Progress
- 8
- 742
- 1,171
- 0
- Cash & Bank
- 84
- 804
- Total Assets
- 2,886
- Total Debt
- 652
- Net Working Capital
- 1,302
- Contingent Liabilities
- 96
- Book Value per Share
- 412.93
- Face Value
- 10.00
- Total Debt
- 652
- Net Working Capital
- 1,302
- Contingent Liabilities
- 96
- Book Value per Share
- 412.93
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 51
- 2,002
- 176
- Trade Payables
- 194
- 574
- Total Liabilities
- 2,998
- 73
- Capital Work in Progress
- 9
- 926
- 912
- 0
- Cash & Bank
- 130
- 946
- Total Assets
- 2,998
- Total Debt
- 459
- Net Working Capital
- 1,324
- Contingent Liabilities
- 352
- Book Value per Share
- 400.09
- Face Value
- 10.00
- Total Debt
- 459
- Net Working Capital
- 1,324
- Contingent Liabilities
- 352
- Book Value per Share
- 400.09
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 51
- 1,874
- 171
- Trade Payables
- 188
- 710
- Total Liabilities
- 2,994
- 74
- Capital Work in Progress
- 10
- 688
- 1,345
- 0
- Cash & Bank
- 294
- 583
- Total Assets
- 2,994
- Total Debt
- 228
- Net Working Capital
- 1,182
- Contingent Liabilities
- 344
- Book Value per Share
- 374.93
- Face Value
- 10.00
- Total Debt
- 228
- Net Working Capital
- 1,182
- Contingent Liabilities
- 344
- Book Value per Share
- 374.93
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 51
- 1,645
- 144
- Trade Payables
- 128
- 574
- Total Liabilities
- 2,542
- 77
- Capital Work in Progress
- 12
- 548
- 1,204
- 0
- Cash & Bank
- 132
- 567
- Total Assets
- 2,542
- Total Debt
- 232
- Net Working Capital
- 1,085
- Contingent Liabilities
- 343
- Book Value per Share
- 330.31
- Face Value
- 10.00
- Total Debt
- 232
- Net Working Capital
- 1,085
- Contingent Liabilities
- 343
- Book Value per Share
- 330.31
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 51
- 1,574
- 169
- Trade Payables
- 135
- 640
- Total Liabilities
- 2,570
- 70
- Capital Work in Progress
- 15
- 558
- 1,345
- 0
- Cash & Bank
- 135
- 447
- Total Assets
- 2,570
- Total Debt
- 244
- Net Working Capital
- 1,007
- Contingent Liabilities
- 90
- Book Value per Share
- 316.39
- Face Value
- 10.00
- Total Debt
- 244
- Net Working Capital
- 1,007
- Contingent Liabilities
- 90
- Book Value per Share
- 316.39
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 155
- 1,630
- 220
- Trade Payables
- 173
- 781
- Total Liabilities
- 2,959
- 83
- Capital Work in Progress
- 3
- 622
- 1,442
- 0
- Cash & Bank
- 225
- 582
- Total Assets
- 2,959
- Total Debt
- 280
- Net Working Capital
- 1,006
- Contingent Liabilities
- 73
- Book Value per Share
- 115.46
- Face Value
- 10.00
- Total Debt
- 280
- Net Working Capital
- 1,006
- Contingent Liabilities
- 73
- Book Value per Share
- 115.46
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 155
- 1,648
- 257
- Trade Payables
- 192
- 1,300
- Total Liabilities
- 3,552
- 17
- Capital Work in Progress
- 5
- 905
- 2,098
- 0
- Cash & Bank
- 77
- 449
- Total Assets
- 3,552
- Total Debt
- 265
- Net Working Capital
- 928
- Contingent Liabilities
- 93
- Book Value per Share
- 116.52
- Face Value
- 10.00
- Total Debt
- 265
- Net Working Capital
- 928
- Contingent Liabilities
- 93
- Book Value per Share
- 116.52
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 155
- 1,714
- 225
- Trade Payables
- 195
- 2,555
- Total Liabilities
- 4,843
- 24
- Capital Work in Progress
- 5
- 914
- 3,378
- 107
- Cash & Bank
- 107
- 309
- Total Assets
- 4,843
- Total Debt
- 873
- Net Working Capital
- 1,468
- Contingent Liabilities
- 230
- Book Value per Share
- 120.56
- Face Value
- 10.00
- Total Debt
- 873
- Net Working Capital
- 1,468
- Contingent Liabilities
- 230
- Book Value per Share
- 120.56
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 155
- 1,736
- 489
- Trade Payables
- 233
- 3,708
- Total Liabilities
- 6,321
- 26
- Capital Work in Progress
- 5
- 904
- 4,462
- 139
- Cash & Bank
- 256
- 530
- Total Assets
- 6,321
- Total Debt
- 1,432
- Net Working Capital
- 1,578
- Contingent Liabilities
- 250
- Book Value per Share
- 121.93
- Face Value
- 10.00
- Total Debt
- 1,432
- Net Working Capital
- 1,578
- Contingent Liabilities
- 250
- Book Value per Share
- 121.93
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 213
- 3,404
- 645
- Trade Payables
- 484
- 3,435
- Total Liabilities
- 8,181
- 27
- Capital Work in Progress
- 10
- 1,269
- 5,175
- 228
- Cash & Bank
- 535
- 937
- Total Assets
- 8,181
- Total Debt
- 645
- Net Working Capital
- 1,979
- Contingent Liabilities
- 227
- Book Value per Share
- 169.56
- Face Value
- 10.00
- Total Debt
- 645
- Net Working Capital
- 1,979
- Contingent Liabilities
- 227
- Book Value per Share
- 169.56
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 70 | 194 | 168 | -63 | -68 | -52 | -148 | -661 | -542 | -545 | |
| Cash from Investing | 141 | -180 | 288 | 88 | 110 | 123 | 28 | 214 | 273 | -145 |
| Cash from Financing | -255 | -40 | -370 | -67 | -20 | 12 | -27 | 489 | 416 | 531 |
| -44 | -25 | 85 | -42 | 23 | 83 | -148 | 42 | 147 | -159 | |
| Free Cash Flow | 59 | 194 | 167 | -73 | -68 | -52 | -148 | -678 | -557 | -569 |
| OCF / Net Profit | 0.66 | 1.88 | 1.41 | 0.32 | 0.95 | -0.32 | -1.44 | -6.73 | -8.84 | -1.83 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 279 | 167 | -175 | -1,019 | -1,503 | -2,005 |
| OCF / Net Profit | 0.66 | 1.88 | 1.41 | 0.32 | 0.95 | -0.32 | -1.44 | -6.73 | -8.84 | -1.83 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 279 | 167 | -175 | -1,019 | -1,503 | -2,005 |
Mar 2017
- 70
- Cash from Investing
- 141
- Cash from Financing
- -255
- -44
- Free Cash Flow
- 59
- OCF / Net Profit
- 0.66
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.66
- Cumulative 5-Year FCF
- 0
Mar 2018
- 194
- Cash from Investing
- -180
- Cash from Financing
- -40
- -25
- Free Cash Flow
- 194
- OCF / Net Profit
- 1.88
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.88
- Cumulative 5-Year FCF
- 0
Mar 2019
- 168
- Cash from Investing
- 288
- Cash from Financing
- -370
- 85
- Free Cash Flow
- 167
- OCF / Net Profit
- 1.41
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.41
- Cumulative 5-Year FCF
- 0
Mar 2020
- -63
- Cash from Investing
- 88
- Cash from Financing
- -67
- -42
- Free Cash Flow
- -73
- OCF / Net Profit
- 0.32
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.32
- Cumulative 5-Year FCF
- 0
Mar 2021
- -68
- Cash from Investing
- 110
- Cash from Financing
- -20
- 23
- Free Cash Flow
- -68
- OCF / Net Profit
- 0.95
- Cumulative 5-Year FCF
- 279
- OCF / Net Profit
- 0.95
- Cumulative 5-Year FCF
- 279
Mar 2022
- -52
- Cash from Investing
- 123
- Cash from Financing
- 12
- 83
- Free Cash Flow
- -52
- OCF / Net Profit
- -0.32
- Cumulative 5-Year FCF
- 167
- OCF / Net Profit
- -0.32
- Cumulative 5-Year FCF
- 167
Mar 2023
- -148
- Cash from Investing
- 28
- Cash from Financing
- -27
- -148
- Free Cash Flow
- -148
- OCF / Net Profit
- -1.44
- Cumulative 5-Year FCF
- -175
- OCF / Net Profit
- -1.44
- Cumulative 5-Year FCF
- -175
Mar 2024
- -661
- Cash from Investing
- 214
- Cash from Financing
- 489
- 42
- Free Cash Flow
- -678
- OCF / Net Profit
- -6.73
- Cumulative 5-Year FCF
- -1,019
- OCF / Net Profit
- -6.73
- Cumulative 5-Year FCF
- -1,019
Mar 2025
- -542
- Cash from Investing
- 273
- Cash from Financing
- 416
- 147
- Free Cash Flow
- -557
- OCF / Net Profit
- -8.84
- Cumulative 5-Year FCF
- -1,503
- OCF / Net Profit
- -8.84
- Cumulative 5-Year FCF
- -1,503
Mar 2026
- -545
- Cash from Investing
- -145
- Cash from Financing
- 531
- -159
- Free Cash Flow
- -569
- OCF / Net Profit
- -1.83
- Cumulative 5-Year FCF
- -2,005
- OCF / Net Profit
- -1.83
- Cumulative 5-Year FCF
- -2,005
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 24.90 | 19.68 | 23.31 | -37.66 | -13.96 | 10.00 | 6.56 | 6.34 | 3.95 | 13.97 |
| Book Value (₹) | 412.93 | 400.09 | 374.93 | 330.31 | 316.39 | 115.46 | 116.52 | 120.56 | 121.93 | 169.56 |
| Dividend per Share (₹) | 6.00 | 6.00 | 6.00 | 0.00 | 0.00 | 2.00 | 2.30 | 2.65 | 2.80 | 3.50 |
| Cash EPS (₹) | 8.24 | 6.42 | 7.30 | -11.13 | -3.84 | 9.99 | 6.83 | 6.64 | 4.69 | 15.09 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 15.64% | 23.91% | 14.66% | -3.57% | -43.27% | -19.01% | -9.42% | -80.67% | -45.63% | -10.32% |
| Net Margin % | 13.89% | 18.26% | 20.02% | -31.84% | -42.98% | 41.09% | 16.95% | 46.35% | 16.48% | 25.30% |
| ROE % | 6.37% | 5.51% | 5.97% | -10.74% | -4.30% | 9.49% | 5.73% | 5.36% | 3.26% | 10.83% |
| ROCE % | 6.68% | 7.22% | 6.66% | -9.22% | -3.51% | 5.36% | 5.63% | 2.56% | 2.96% | 8.34% |
| 3.59% | 3.51% | 3.96% | -7.03% | -2.80% | 5.85% | 3.16% | 2.34% | 1.10% | 4.11% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 33 | 71 | 87 | 75 | 187 | 69 | 66 | 203 | 121 | 57 |
| Inventory Days | 593 | 672 | 695 | 762 | 2798 | 1292 | 1065 | 4712 | 3843 | 1493 |
| Payable Days | 147 | 194 | 173 | 121 | 412 | 190 | 133 | 371 | 261 | 130 |
| 479 | 549 | 609 | 716 | 2574 | 1171 | 998 | 4543 | 3703 | 1420 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.38x | 0.22x | 0.12x | 0.14x | 0.15x | 0.16x | 0.15x | 0.47x | 0.76x | 0.18x |
| Interest Coverage (x) | 7.87x | 4.26x | 12.47x | -24.72x | -6.09x | 16.24x | 10.68x | 8.35x | 4.64x | 29.05x |
| 2.68x | 2.68x | 2.22x | 2.50x | 2.23x | 1.89x | 1.52x | 1.61x | 1.44x | 1.43x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 28.49% | -25.71% | 4.71% | 3.05% | -72.79% | 136.73% | 54.14% | -65.04% | 75.53% | 216.52% |
| Operating Profit Growth % | -33.64% | 13.56% | -35.81% | -125.13% | -229.47% | -3.98% | 23.59% | -82.08% | 24.79% | 56.63% |
| Net Profit Growth % | 11.95% | -2.39% | 14.81% | -263.94% | 63.28% | 326.34% | -36.41% | -4.40% | -37.59% | 385.97% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -3.33% | -37.64% | 253.59% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 84.93x | 69.48x | 21.06x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.86x | 2.45x | 1.74x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.45% | 0.94% | 1.19% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | -94.69x | -74.28x | -188.21x |
Mar 2017
- EPS (₹)
- 24.90
- Book Value (₹)
- 412.93
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 8.24
- Operating Margin %
- 15.64%
- Net Margin %
- 13.89%
- ROE %
- 6.37%
- ROCE %
- 6.68%
- 3.59%
- Debtor Days
- 33
- Inventory Days
- 593
- Payable Days
- 147
- 479
- Debt to Equity (x)
- 0.38x
- Interest Coverage (x)
- 7.87x
- 2.68x
- Revenue Growth %
- 28.49%
- Operating Profit Growth %
- -33.64%
- Net Profit Growth %
- 11.95%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 19.68
- Book Value (₹)
- 400.09
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 6.42
- Operating Margin %
- 23.91%
- Net Margin %
- 18.26%
- ROE %
- 5.51%
- ROCE %
- 7.22%
- 3.51%
- Debtor Days
- 71
- Inventory Days
- 672
- Payable Days
- 194
- 549
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 4.26x
- 2.68x
- Revenue Growth %
- -25.71%
- Operating Profit Growth %
- 13.56%
- Net Profit Growth %
- -2.39%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 23.31
- Book Value (₹)
- 374.93
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 7.30
- Operating Margin %
- 14.66%
- Net Margin %
- 20.02%
- ROE %
- 5.97%
- ROCE %
- 6.66%
- 3.96%
- Debtor Days
- 87
- Inventory Days
- 695
- Payable Days
- 173
- 609
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 12.47x
- 2.22x
- Revenue Growth %
- 4.71%
- Operating Profit Growth %
- -35.81%
- Net Profit Growth %
- 14.81%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -37.66
- Book Value (₹)
- 330.31
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -11.13
- Operating Margin %
- -3.57%
- Net Margin %
- -31.84%
- ROE %
- -10.74%
- ROCE %
- -9.22%
- -7.03%
- Debtor Days
- 75
- Inventory Days
- 762
- Payable Days
- 121
- 716
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- -24.72x
- 2.50x
- Revenue Growth %
- 3.05%
- Operating Profit Growth %
- -125.13%
- Net Profit Growth %
- -263.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -13.96
- Book Value (₹)
- 316.39
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -3.84
- Operating Margin %
- -43.27%
- Net Margin %
- -42.98%
- ROE %
- -4.30%
- ROCE %
- -3.51%
- -2.80%
- Debtor Days
- 187
- Inventory Days
- 2798
- Payable Days
- 412
- 2574
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- -6.09x
- 2.23x
- Revenue Growth %
- -72.79%
- Operating Profit Growth %
- -229.47%
- Net Profit Growth %
- 63.28%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 10.00
- Book Value (₹)
- 115.46
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 9.99
- Operating Margin %
- -19.01%
- Net Margin %
- 41.09%
- ROE %
- 9.49%
- ROCE %
- 5.36%
- 5.85%
- Debtor Days
- 69
- Inventory Days
- 1292
- Payable Days
- 190
- 1171
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 16.24x
- 1.89x
- Revenue Growth %
- 136.73%
- Operating Profit Growth %
- -3.98%
- Net Profit Growth %
- 326.34%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 6.56
- Book Value (₹)
- 116.52
- Dividend per Share (₹)
- 2.30
- Cash EPS (₹)
- 6.83
- Operating Margin %
- -9.42%
- Net Margin %
- 16.95%
- ROE %
- 5.73%
- ROCE %
- 5.63%
- 3.16%
- Debtor Days
- 66
- Inventory Days
- 1065
- Payable Days
- 133
- 998
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 10.68x
- 1.52x
- Revenue Growth %
- 54.14%
- Operating Profit Growth %
- 23.59%
- Net Profit Growth %
- -36.41%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 6.34
- Book Value (₹)
- 120.56
- Dividend per Share (₹)
- 2.65
- Cash EPS (₹)
- 6.64
- Operating Margin %
- -80.67%
- Net Margin %
- 46.35%
- ROE %
- 5.36%
- ROCE %
- 2.56%
- 2.34%
- Debtor Days
- 203
- Inventory Days
- 4712
- Payable Days
- 371
- 4543
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- 8.35x
- 1.61x
- Revenue Growth %
- -65.04%
- Operating Profit Growth %
- -82.08%
- Net Profit Growth %
- -4.40%
- -3.33%
- P/E (x)
- 84.93x
- P/B (x)
- 4.86x
- Dividend Yield %
- 0.45%
- -94.69x
Mar 2025
- EPS (₹)
- 3.95
- Book Value (₹)
- 121.93
- Dividend per Share (₹)
- 2.80
- Cash EPS (₹)
- 4.69
- Operating Margin %
- -45.63%
- Net Margin %
- 16.48%
- ROE %
- 3.26%
- ROCE %
- 2.96%
- 1.10%
- Debtor Days
- 121
- Inventory Days
- 3843
- Payable Days
- 261
- 3703
- Debt to Equity (x)
- 0.76x
- Interest Coverage (x)
- 4.64x
- 1.44x
- Revenue Growth %
- 75.53%
- Operating Profit Growth %
- 24.79%
- Net Profit Growth %
- -37.59%
- -37.64%
- P/E (x)
- 69.48x
- P/B (x)
- 2.45x
- Dividend Yield %
- 0.94%
- -74.28x
Mar 2026
- EPS (₹)
- 13.97
- Book Value (₹)
- 169.56
- Dividend per Share (₹)
- 3.50
- Cash EPS (₹)
- 15.09
- Operating Margin %
- -10.32%
- Net Margin %
- 25.30%
- ROE %
- 10.83%
- ROCE %
- 8.34%
- 4.11%
- Debtor Days
- 57
- Inventory Days
- 1493
- Payable Days
- 130
- 1420
- Debt to Equity (x)
- 0.18x
- Interest Coverage (x)
- 29.05x
- 1.43x
- Revenue Growth %
- 216.52%
- Operating Profit Growth %
- 56.63%
- Net Profit Growth %
- 385.97%
- 253.59%
- P/E (x)
- 21.06x
- P/B (x)
- 1.74x
- Dividend Yield %
- 1.19%
- -188.21x
Documents
Announcements
- Press Release
2026-08-10 - Mahindra Lifespace Developers Limited has informed the Exchange regarding a press release dated August 10, 2026, titled "Mahindra Group Announces Dedicated Strategic Focus on Holidays and Lifespaces Sector to Accelerate Growth".
- Credit Rating
2026-08-05 - Mahindra Lifespace Developers Limited has informed the Exchange about Credit Rating
Annual Reports
Credit Ratings
- Credit Rating
2026-08-05 - Mahindra Lifespace Developers Limited has informed the Exchange about Credit Rating
- Credit Rating
2026-07-25 - Mahindra Lifespace Developers Limited has informed the Exchange about Credit Rating
- Credit Rating- New
2026-07-06 - Mahindra Lifespace Developers Limited has informed the Exchange about Credit Rating- New
Concalls
Jul 2026
Apr 2026
Feb 2026