Mahindra Lifespace Developers Ltd - Stock Valuation and Financial Performance

BSE: 532313 | NSE: MAHLIFE | Construction - Real Estate | Small Cap

Mahindra Life. Dev Share Price

610.25 2.75 0.45%
as on 26-Jul'24 16:01

DeciZen - make an informed investing decision on Mahindra Life. Dev

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Mahindra Lifespace Developers stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
9,448.8 Cr.
52-wk low:
475
52-wk high:
679.2

Is Mahindra Lifespace Developers Ltd an attractive stock to invest in?

1. Is Mahindra Lifespace Developers Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mahindra Lifespace Developers Ltd is a below average quality company.

2. Is Mahindra Lifespace Developers Ltd undervalued or overvalued?

The key valuation ratios of Mahindra Lifespace Developers Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Mahindra Lifespace Developers Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Mahindra Lifespace Developers Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Mahindra Life. Dev:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Mahindra Lifespace Developers Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 14.3%5.6%3.3%3.6%3.1%-4.1%-3.1%-1%6.6%-2.8%-
Value Creation
Index
0.0-0.6-0.8-0.8-0.8-1.3-1.2-1.1-0.5-1.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 62450268147548644089.625347218.7194
Sales YoY Gr.--19.5%35.5%-30.2%2.3%-9.5%-79.6%182%86.7%-96%-
Adj EPS 18.75.93.93.33.8-4.7-3.4-1.37.1-4.2-3.7
YoY Gr.--68.3%-34.1%-15.9%14.3%-225%NANANA-159.5%-
BVPS (₹) 100.3111.7120.9116.9113.497.193.496.210499.397.7
Adj Net
Profit
24678.148.250.758-72.5-51.8-19.9109-65.1-57
Cash Flow from Ops. 86.5-165142106160-90.1-92-71.1-181-706-
Debt/CF from Ops. 5.8-4.243.50.8-1.3-1.2-2.3-1.3-1.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -32.3%-47.9%-40.7%-96%
Adj EPS -184.7%-202.2%NA-159.5%
BVPS-0.1%-2.6%2.1%-4.6%
Share Price 13.5% 35.7% 35.1% 24.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
205.63.33.13.3-4.5-3.5-1.47-4.1-3.7
Op. Profit
Mgn %
39.213.657.65-14.6-117.7-43.5-21.3-949.6-91
Net Profit
Mgn %
39.415.67.110.711.9-16.5-57.8-7.923.2-348.2-29.4
Debt to
Equity
0.40.50.40.20.10.10.10.10.20.6-
Working Cap
Days
1,0251,2938501,1761,1401,1955,6112,1081,45956,76740,347
Cash Conv.
Cycle
2805724425576237824,0781,4211,09249,94014,800

Recent Performance Summary

Sales growth is good in last 4 quarters at 589.30%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -40.70%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Mahindra Lifespace Developers Ltd.

Standalone Consolidated
TTM EPS (₹) -3.7 7.4
TTM Sales (₹ Cr.) 194 302
BVPS (₹.) 97.7 119
Reserves (₹ Cr.) 1,360 1,690
P/BV 6.24 5.12
PE 0.00 81.98
From the Market
52 Week Low / High (₹) 475.00 / 679.15
All Time Low / High (₹) 2.96 / 679.15
Market Cap (₹ Cr.) 9,449
Equity (₹ Cr.) 155
Face Value (₹) 10
Industry PE 87.1

Management X-Ray of Mahindra Life. Dev:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Mahindra Life. Dev

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales6245026814754864409025347219
Operating Expenses 398434646439462504196377584197
Manufacturing Costs1691076655510
Material Costs2673285233243333518022340425
Employee Cost 43526260667265736976
Other Costs 724651485776457610686
Operating Profit 22668343624-64-106-124-112-178
Operating Profit Margin (%) 36.3%13.6%5.0%7.6%5.0%-14.6%-118.0%-49.2%-23.7%-953.0%
Other Income 13699738269814754156105
Interest 22473235524597
Depreciation 344437761013
Exceptional Items 00000-237010412423
Profit Before Tax 338117717985-230-7023151-70
Tax 10438222626-4-17-20-1-31
Profit After Tax 23378495359-226-5243151-39
PAT Margin (%) 37.4%15.6%7.2%11.2%12.1%-51.4%-58.3%17.0%32.1%-207.0%
Adjusted EPS (₹)17.75.94.03.53.8-14.7-3.42.89.8-2.5
Dividend Payout Ratio (%)21%31%50%58%53%0%0%72%24%-106%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 1,3201,4721,4881,8001,7471,4961,4401,4871,6091,539
Share Capital 41414151515151155155155
Reserves 1,2791,4311,4471,7491,6961,4451,3891,3321,4551,384
Minority Interest0000000000
Debt500566389168120119111165238868
Long Term Debt500374200000000648
Short Term Debt0191189168120119111165238220
Trade Payables1632111701671239294116168168
Others Liabilities 5803463823684212743514931,0841,806
Total Liabilities 2,5642,5942,4292,5042,4111,9811,9972,2613,0984,380

Fixed Assets

Gross Block53252828273525334058
Accumulated Depreciation23161922212522182434
Net Fixed Assets309966103161524
CWIP 0189101215355
Investments 573776804851651467470491763648
Inventories7891,0968797399989131,0321,0571,8153,178
Trade Receivables1651591181139050689869
Cash Equivalents 421465385217951081916498
Others Assets1,114515616695416394319435338360
Total Assets 2,5642,5942,4292,5042,4111,9811,9972,2613,0984,380

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 87-165142106160-90-92-71-181-706
PBT 3381177179857-70-8226-93
Adjustment -80-65-31-37-52-61-32-24-116-62
Changes in Working Capital -79-17511475150-291744-86-550
Tax Paid -93-41-12-11-22-8-7-9-5-1
Cash Flow From Investing Activity 2021463-7922210213711220209
Capex -4-444-1-3-3-30-825
Net Investments 54170-521478460-190122
Others 152133-41-26772113311221962
Cash Flow From Financing Activity -284118-237-37-309-48-214223540
Net Proceeds from Shares 601294000202
Net Proceeds from Borrowing 000000000648
Interest Paid -41-45-82-100-28-11-8-8-16-52
Dividend Paid -54-28-28-35-32-3100-31-36
Others -196191-127-196-249-6-124870-22
Net Cash Flow 499-92-1073-362483-13843
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)195.613.313.233.3-13.94-3.562.939.77-2.47
ROCE (%)19.678.214.865.414.45-13.08-4.161.79.07-2.96
Asset Turnover Ratio0.250.190.270.190.20.20.050.120.180
PAT to CFO Conversion(x)0.37-2.122.922.71N/AN/A-1.65-1.2N/A
Working Capital Days
Receivable Days12243068878428585641,626
Inventory Days4226855306226527933,9591,5081,1110
Payable Days2002081331901591124221721282,472

Mahindra Lifespace Developers Ltd Stock News

Mahindra Lifespace Developers Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Mahindra Life. Dev on 26-Jul-2024 16:01 is ₹610.2.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 26-Jul-2024 16:01 the market cap of Mahindra Life. Dev stood at ₹9,448.8.
The latest P/E ratio of Mahindra Life. Dev as of 26-Jul-2024 16:01 is 0.00.
The latest P/B ratio of Mahindra Life. Dev as of 26-Jul-2024 16:01 is 6.24.
The 52-week high of Mahindra Life. Dev is ₹679.1 and the 52-week low is ₹475.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mahindra Life. Dev is ₹193.9 ( Cr.) .

About Mahindra Lifespace Developers Ltd

Established in 1994, Mahindra Lifespace Developers Ltd is the real estate and infrastructure development business of Mahindra Group, and a pioneer of sustainable urbanisation in India. The company is committed to transforming India’s urban landscape through its residential developments under the ‘Mahindra Lifespaces’ and ‘Mahindra Happinest’ brands; and through its integrated cities and industrial clusters under the ‘Mahindra World City’ and ‘Origins by Mahindra World City’ brands.

A pioneer of the green homes movement, Mahindra Lifespaces is one of the first real estate companies in India to have committed to the global Science Based Targets initiative (SBTi). The Company’s developments are characterised by thoughtful design and a welcoming environment that enhance overall quality of life for both individuals and industries.

Business area of the company

The company along with its subsidiary companies is engaged in the development of residential projects and large formats developments such as integrated cities and industrial clusters.

Awards

  • 2007: Indian Green Building Council (IGBC) IGBC Green Homes Precertified Platinum
  • 2008: Golden Peacock quality award - Golden Peacock - Royale
  • 2008: Indian Green Building Council (IGBC) IGBC Green Homes Pre-certified Platinum
  • 2008: AESA, Accommodation Times, PCMC Awards
  • 2009: Most Transparent Company - CNBC Awaaz CRISIL Award - Mahindra Lifespaces
  • 2009: Mahindra Splendour awarded winner in the category of “Best Developer- Green Future Development” by Cityscape Real Estate India - Splendour
  • 2010: Wins Gold for ‘Refresh’ Newsletter Design and Silver for ‘Aqualily’ Brochure Design at the 50th Annual Awards of the Association of Business Communicators of India (ABCI).
  • 2010: Mahindra Lifespaces Awarded “One of India’s Top 10 Builders 2010” by Construction World.
  • 2011: Splendour was the Second Best of the top three Finalists in KPMG-Qimpro Convention 2011 under Category “Green Initiatives” in Service Sector.
  • 2011: For the second consecutive year, MLDL has been voted as one of India’s Top 10 Builders by CONSTRUCTION WORLD and CW INTERIORS.
  • 2011: Best Residential Property in West Region’ Ms. Anita Arjundas, MD & CEO, Mahindra Lifespace Developers Limited, appears on Fortune India’s first list of ‘India’s 50 most powerful women in business’.
  • 2012: Green Project of the Year Construction Week India Awards - Chloris
  • 2012: CNBC Real Estate Awards 2012 -Mahindra World City, Chennai
  • 2012: City-wise Best Residential project (Mid Segment, 100% complete and handed over)
  • 2012: Industrial Park/SEZ Category for IT/ITeS Phase-I
  • 2012: Institute of Leadership development & Foundation for information and Technology Transfer Society
  • 2013: Emerging markets - Most improved in adoption of Best practices Asia Pacific Real Estate Association (APREA)
  • 2013: Outstanding Contribution in Real estate in Green building project category
  • 2013: Gold at Public Relations Council of India (PRCI) Awards
  • 2013: Gold at Public Relations Council of India (PRCI) Awards
  • 2013: ISO 9001:2008 and 14001:2004, Design, Development and Construction of residential and commercial properties
  • 2013: India’s Top 10 Builders CWAB - Mahindra Lifespaces
  • 2014: Received “Order of Merit” for women empowerment initiatives in the neighboring community of MWC, Jaipur - Skoch Renaissance Awards - MWC, Jaipur
  • 2014: Recognized as one of ‘India’s Top 10 Builders’ for the fifth consecutive year - Construction World and Construction World Interiors - Mahindra Lifespaces
  • 2014: Recognized as the “Regional Sector Leader” for Asia/Diversified/Small Cap companies - Global Real Estate Sustainability Benchmarking (GRESB) Survey - Mahindra Lifespaces
  • 2014: Special Commendation for Environment Management - Golden Peacock Awards - Mahindra Lifespaces
  • 2014: “Order of Merit” 2014 for Sustainability Leadership
  • 2015: Mint Strategy Award for Construction, Real Estate and Steel – The Mint-Institute for Competitiveness Strategy awards - Mahindra Lifespaces
  • 2015: ET Best Realty Brands 2015 - Times Group - Mahindra Lifespaces
  • 2015: The Mint Institute for Competitiveness Strategy Awards in India honoured Mahindra Lifespaces for its differentiated focus on sustainable development and exemplary quality standards, while creating community spaces.
  • 2015: BEST ESG (Environmental, Social and Governance) Disclosure in ‘Small Cap Category’
  • 2015: ‘Mahindra Lifespaces’ Nagpur project ‘Bloomdale’ was awarded the ‘Construction Industry Development Council Vishwakarma Award, 2015' for Construction Health, Safety and Environment
  • 2015: Mahindra Lifespaces was declared ‘Regional Sector Leader in Asia’ for real estate sustainability best practices and initiatives.
  • 2015: Mahindra Lifespaces was ranked 5th in the Real Estate category in India, in the ‘Great Place To Work’ Survey 2014
  • 2015: Mahindra World City, Jaipur received C40 Climate Positive Development Stage 2 Certification
  • 2015: BEST ESG (Environmental, Social and Governance) Disclosure in Small Cap Category - Investor Relations Society Awards - Mahindra Lifespaces
  • 2015: Construction Industry Development Council Vishwakarma Award - Construction Health, Safety and Environment - Bloomdale
  • 2016: ‘Achievement Award for Construction Health, Safety & Environment’ for Luminare
  • 2016: Mahindra World City, Chennai was declared winner in the category of ‘Best Township (more than 200 acres)’
  • 2016: Channel NewsAsia Sustainability Ranking -– The Channel NewsAsia Sustainability Ranking is a joint initiative between Sustainalytics, an independent ESG and corporate governance research, ratings and analysis firm; Channel NewsAsia, a prominent Asian TV news channel; and CSR Asia, a leading provider of advisory, research and training services on sustainable business practices in Asia. – Mahindra Lifespaces
  • GRESB report 2016 - In 2016, Mahindra Lifespaces was also ranked 2nd in Asia, in the ‘Diversified’/’Listed’ category of real estate companies, in the Global Real Estate Sustainability Benchmarking (GRESB) report. - GRESB is a Netherlands headquartered, industry-driven organisation committed to assessing the sustainability performance of real estate portfolios around the globe. Nearly 1,100 companies and funds have been assessed globally by GRESB. -Mahindra Lifespaces
  • 2017: NDTV Awards: Best affordable housing project in India - Happinest Avadi
  • 2017: Achievement Award for Best Construction Projects - 9th CIDC Vishwakarma Awards 2017 -Construction Industry Development Council -Vishwakarma Awards - Aura’ by Mahindra Lifespaces
  • 2017: Achievement award for Construction Health, Safety & Environment (First prize) - 9th CIDC Vishwakarma Awards - Windchimes, by Mahindra Lifespaces
  • 2017: Achievement award for Construction Health, Safety & Environment (Third prize) - 9th CIDC Vishwakarma Awardsv - Antheia, by Mahindra Lifespaces
  • 2017: Bureaucracy Today CSR Excellence Award 2017 in Waste Management - Bureaucracy Today - Mahindra World City, Chennai
  • 2018: CNBC-AWAAZ Real Estate Awards 2017-18: Best Residential Project under Affordable Segment - Bloomdale by Mahindra Lifespaces.- Eminente Phase 1 - Bloomdale by Mahindra Lifespaces
  • 2018:  ACEF’s Best Social Media Campaign of the Year  ‘18Daychallenge’  Mahindra Lifespace Developers Ltd.
  • 2018: Construction World Architect & Builder Awards 2018: One of India’s Top Builders in 2018 - Mahindra Lifespace Developers Ltd.
  • 2018: CNBC-AWAAZ Real Estate Awards 2017-18: Best Residential Project under Ultra Luxury Segment - L’Artista by Mahindra Lifespaces.
  • 2018: 10th CIDC Vishwakarma Awards: Achievement Award for Construction Health, Safety & Environment (2nd prize for Best project in Safety). - Vivante, by Mahindra Lifespaces.
  • 2018: Best use of medium length video (Silver) - Lighthouse Insights - Social media campaign BuildingTogether - Mahindra Lifespace Developers Ltd.
  • 2019: fDi Global Free Zones of the Year 2019 - bespoke award in deployment of technology - fDi - Mahindra World City, Chennai
  • 2019: SustainAward 2019 category - “Indian large companies” - Indo-German Chamber of Commerce - Mahindra World City, Chennai
  • 2019: Gold, Best Sustainable Green Initiative (for IAmGreenArmy) - Asian Customer Engagement Forum & Awards - MLD
  • 2019: fDi Global Free Zones of the Year 2019 - bespoke award in deployment of technology - fDi - Mahindra World City, Chennai
  • 2020: 1st in the housing category in the Swatch Bharat drive -Pimpri Chinchwad Municipal Corporation - Mahindra Lifespace Developers Ltd. -Antheia
  • 2020: Best CSR Impact - UBS Forums - Mahindr World City, Jaipur
  • 2020: SustainAward 2019 category - “Indian large companies” - Indo-German Chamber of Commerce - Mahindra World City, Chennai
  • 2020: Gold, Best Sustainable Green Initiative (for IAmGreenArmy) - Asian Customer Engagement Forum & Awards - MLDL
  • 2020: “8th Exceed OHS Award 2020? - ‘GOLD AWARD’ under ‘OHS Category’ in Real Estate & Construction Sector - Sustainable Development Foundation” (A unit of Ek Kaam Desh Ke Naam) - Mahindra World City, Jaipur
  • 2020: Corporate Governance and Sustainability Vision Award 2020; 2 categories ‘Sustainable Performance and Corporate Social Responsibility’ - Indian Chamber of Commerce - Mahindra Lifespace Developers Ltd.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.