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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]
Business Segments1) 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 theMahindra Happinestbrand, and integrated cities and industrial clusters under theMahindra World Cityand *Origins by Mahindrabrands.[3]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | DLF | 709.85 | 45.54 | 175710.00 | 0.84 | 1180.09 | -27.08 | 1643.04 | -16.81 | 6.51 | 9016.03 | 22.47 | 3859.74 | 1007.10 | 4.04 | 7.30 | 0.04 |
| 2. | Lodha Developers | 1104.40 | 33.17 | 110287.68 | 0.38 | 789.80 | 86.50 | 3798.50 | 44.67 | 15.62 | 15597.50 | 29.61 | 3329.50 | 788.70 | 5.24 | 5.70 | 0.45 |
| 3. | Prestige Estates | 1648.90 | 92.75 | 71023.09 | 0.11 | 457.40 | 123.88 | 2431.70 | 5.52 | 7.66 | 7921.90 | 36.60 | 765.50 | 430.30 | 4.51 | 1.15 | 0.92 |
| 4. | Godrej Propert. | 2063.00 | 40.08 | 62138.88 | 0.00 | 402.99 | 20.84 | 740.38 | -32.28 | 6.57 | 4265.55 | -18.34 | 1549.83 | 405.08 | 3.36 | 2.67 | 0.89 |
| 5. | Phoenix Mills | 1720.00 | 57.50 | 61506.92 | 0.14 | 384.09 | 39.38 | 1115.43 | 21.51 | 10.75 | 4059.89 | 57.73 | 1069.86 | 303.99 | 5.75 | 6.11 | 0.46 |
| 6. | Oberoi Realty | 1638.70 | 26.70 | 59583.44 | 0.49 | 760.26 | 28.98 | 1779.04 | 34.79 | 17.73 | 5327.81 | 56.59 | 2233.06 | 760.26 | 3.59 | 10.23 | 0.18 |
| 7. | Brigade Enterpr. | 887.10 | 27.25 | 21689.43 | 0.28 | 170.28 | 36.58 | 1383.37 | 29.03 | 13.34 | 5588.84 | 26.50 | 795.44 | 162.50 | 3.40 | 3.39 | 0.83 |
| 8. | Mahindra Life. | 418.00 | 513.62 | 8916.53 | 0.66 | -24.51 | -4054.24 | 11.97 | 481.07 | 3.01 | 202.89 | -95.18 | 17.36 | -24.51 | 3.07 | 0.87 | 0.11 |
| – | Median: 95 Co. | 163.5 | 34.84 | 877.29 | 0.0 | 4.14 | 6.73 | 46.19 | 9.98 | 7.66 | 172.48 | 17.61 | 11.3 | 3.05 | 3.06 | 2.4 | 0.44 |
Standalone figures in ₹ crores
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 37 | 175 | 250 | 7 | 7 | 2 | 3 | 182 | 2 | 162 | 4 | 26 | 12 |
Expenses | 74 | 190 | 276 | 51 | 45 | 45 | 56 | 225 | 53 | 189 | 59 | 82 | 66 |
Operating Profit | -37 | -16 | -26 | -45 | -37 | -43 | -54 | -43 | -51 | -27 | -55 | -57 | -54 |
Other Income | 15 | 78 | 69 | 36 | 42 | 8 | 42 | 20 | 61 | 102 | 101 | 33 | 45 |
Profit before tax | -27 | 57 | 38 | -15 | 2 | -39 | -19 | -33 | -1 | 66 | 29 | -43 | -19 |
Tax % | -27% | -6% | 8% | -64% | 26% | -25% | -68% | -29% | -17% | 28% | 5% | -21% | 29% |
Net Profit | -20 | 60 | 35 | -5 | 2 | -29 | -6 | -24 | -1 | 48 | 28 | -34 | -25 |
EPS in Rs | -0.94 | 2.82 | 1.63 | -0.26 | 0.07 | -1.35 | -0.28 | -1.11 | -0.03 | 2.24 | 1.31 | -1.59 | -1.15 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 307 | 624 | 502 | 681 | 475 | 486 | 440 | 90 | 253 | 472 | 19 | 349 | 203 |
Expenses | 278 | 398 | 434 | 646 | 439 | 462 | 504 | 195 | 375 | 572 | 196 | 525 | 396 |
Operating Profit | 29 | 226 | 68 | 34 | 36 | 24 | -64 | -106 | -123 | -100 | -177 | -176 | -193 |
Other Income | 114 | 136 | 99 | 73 | 82 | 69 | -156 | 46 | 156 | 269 | 127 | 283 | 280 |
Interest | 39 | 22 | 47 | 32 | 35 | 5 | 2 | 4 | 5 | 9 | 7 | 28 | 32 |
Depreciation | 2 | 3 | 4 | 4 | 4 | 3 | 7 | 7 | 6 | 10 | 13 | 18 | 22 |
Profit before tax | 101 | 338 | 117 | 71 | 79 | 85 | -230 | -70 | 22 | 151 | -70 | 61 | 34 |
Net Profit | 78 | 233 | 78 | 49 | 53 | 59 | -226 | -52 | 43 | 151 | -39 | 51 | 17 |
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 | 0.81 |
Dividend Payout % | 32% | 21% | 31% | 50% | 58% | 53% | 0% | 0% | 72% | 24% | -106% | 85% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 41 | 41 | 41 | 41 | 51 | 51 | 51 | 51 | 155 | 155 | 155 | 155 | 213 |
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 | 2,713 |
Borrowings | 696 | 500 | 691 | 564 | 368 | 120 | 124 | 112 | 171 | 241 | 872 | 1,439 | 325 |
Other Liabilities | 339 | 411 | 432 | 372 | 331 | 555 | 379 | 476 | 656 | 1,302 | 2,040 | 2,831 | 3,291 |
Total Liabilities | 2,171 | 2,234 | 2,594 | 2,429 | 2,504 | 2,426 | 2,000 | 2,033 | 2,318 | 3,156 | 4,455 | 5,827 | 6,542 |
Fixed Assets | 29 | 30 | 9 | 32 | 28 | 28 | 31 | 24 | 36 | 35 | 24 | 25 | 36 |
Gross Block | 49.02 | 52.82 | 25.18 | 58.63 | 57.68 | 56.88 | 64.55 | 54.96 | 62.78 | 69.42 | 57.99 | 73.28 | – |
Accumulated Depreciation | 20.46 | 23.02 | 15.77 | 26.30 | 29.36 | 29.14 | 33.78 | 31.27 | 27.07 | 34.65 | 34.37 | 48.07 | – |
CWIP | 0 | 0 | 1 | 8 | 9 | 10 | 12 | 15 | 3 | 5 | 5 | 5 | 6 |
Investments | 750 | 573 | 800 | 804 | 851 | 651 | 467 | 470 | 491 | 763 | 648 | 605 | 725 |
Other Assets | 1,393 | 1,631 | 1,784 | 1,584 | 1,616 | 1,738 | 1,490 | 1,525 | 1,788 | 2,353 | 3,779 | 5,191 | 5,775 |
Total Assets | 2,171 | 2,234 | 2,594 | 2,429 | 2,504 | 2,426 | 2,000 | 2,033 | 2,318 | 3,156 | 4,455 | 5,827 | 6,542 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | -132 | 87 | -165 | 142 | 106 | 160 | -90 | -92 | -71 | -181 | -706 | -97 |
Cash from Investing Activity | -147 | 202 | 146 | 3 | -79 | 222 | 102 | 137 | 112 | 20 | 209 | -175 |
Cash from Financing Activity | 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 |
Standalone Figures in ₹ Crores / Yearly
| 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 | – | – | – | – | – | – | – | – | – | – | – | – |
Days Payable | – | – | – | – | – | – | – | – | – | – | – | – |
Cash Conversion Cycle | 31 | 9 | 37 | 32 | 91 | 85 | 74 | 204 | 98 | 76 | 1,341 | 132 |
Working Capital Days | 903 | 590 | 668 | 416 | 607 | 602 | 692 | 3,000 | 939 | 479 | 24,472 | 849 |
ROCE % | 8% | 20% | 8% | 5% | 5% | 4% | 1% | -4% | -5% | 2% | -5% | 3% |
Direct from BSE filings, auto-summarised
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