Mahindra Lifespace Developers Ltd - Stock Valuation and Financial Performance

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

Mahindra Life. Dev Share Price

650.05 30.85 4.98%
as on 12-Apr'24 16:59

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

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Mahindra Lifespace Developers stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
10,076.4 Cr.
52-wk low:
356.9
52-wk high:
670

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 Strong which suggest that the price of Mahindra Lifespace Developers Ltd is likely to Rise 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 6.1%14.3%5.6%3.3%3.6%3.1%-4.1%-3.1%-1%4.3%-
Value Creation
Index
-0.60.0-0.6-0.8-0.8-0.8-1.3-1.2-1.1-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 30762450268147548644089.6253472266
Sales YoY Gr.-103.2%-19.5%35.5%-30.2%2.3%-9.5%-79.6%182%86.7%-
Adj EPS 5.918.75.93.93.33.8-4.7-3.4-1.34.50.1
YoY Gr.-215.2%-68.3%-34.1%-15.9%14.3%-225%NANANA-
BVPS (₹) 86.5100.3111.7120.9116.9113.497.193.496.210499.8
Adj Net
Profit
77.824678.148.250.758-72.5-51.8-19.968.92
Cash Flow from Ops. -13286.5-165142106160-90.1-92-71.1-181-
Debt/CF from Ops. -5.35.8-4.243.50.8-1.3-1.2-2.3-1.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.9%-0.1%2.4%86.7%
Adj EPS -3.1%6.2%NANA
BVPS2.1%-2.3%2.3%8.1%
Share Price 18.3% 39.7% 57.6% 76.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
6.7205.63.33.13.3-4.5-3.5-1.44.40.1
Op. Profit
Mgn %
9.439.213.657.65-14.6-117.7-43.5-21.3-56.7
Net Profit
Mgn %
25.339.415.67.110.711.9-16.5-57.8-7.914.60.7
Debt to
Equity
0.60.40.50.40.20.10.10.10.10.2-
Working Cap
Days
1,8311,0251,2938501,1761,1401,1955,6112,1081,4598,207
Cash Conv.
Cycle
5862805724425576237824,0781,4211,0922,546

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 0.10%

Sales growth has been subdued in last 3 years 2.37%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -17.85%

Latest Financials - Mahindra Lifespace Developers Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 1.8
TTM Sales (₹ Cr.) 266 453
BVPS (₹.) 99.8 111.3
Reserves (₹ Cr.) 1,392 1,570
P/BV 6.51 5.84
PE 0.00 369.51
From the Market
52 Week Low / High (₹) 356.85 / 670.00
All Time Low / High (₹) 2.96 / 670.00
Market Cap (₹ Cr.) 10,076
Equity (₹ Cr.) 155
Face Value (₹) 10
Industry PE 81.3

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

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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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales30762450268147548644090253472
Operating Expenses 278398434646439462504196377584
Manufacturing Costs716910766555
Material Costs20726732852332433335180223404
Employee Cost 28435262606672657369
Other Costs 367246514857764576106
Operating Profit 2922668343624-64-106-124-112
Operating Profit Margin (%) 9.4%36.3%13.6%5.0%7.6%5.0%-14.6%-118.0%-49.2%-23.7%
Other Income 11413699738269814754156
Interest 392247323552459
Depreciation 23444377610
Exceptional Items 000000-2370104124
Profit Before Tax 101338117717985-230-7023151
Tax 2410438222626-4-17-20-1
Profit After Tax 7823378495359-226-5243151
PAT Margin (%) 25.3%37.4%15.6%7.2%11.2%12.1%-51.4%-58.3%17.0%32.1%
Adjusted EPS (₹)5.917.75.94.03.53.8-14.7-3.42.89.8
Dividend Payout Ratio (%)32%21%31%50%58%53%0%0%72%24%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 1,1351,3201,4721,4881,8001,7471,4961,4401,4871,609
Share Capital 4141414151515151155155
Reserves 1,0941,2791,4311,4471,7491,6961,4451,3891,3321,455
Minority Interest0000000000
Debt596500566389168120119111165238
Long Term Debt550500374200000000
Short Term Debt460191189168120119111165238
Trade Payables1301632111701671239294116168
Others Liabilities 5375803463823684212743514931,084
Total Liabilities 2,3982,5642,5942,4292,5042,4111,9811,9972,2613,098

Fixed Assets

Gross Block49535659585735253340
Accumulated Depreciation20232326292925221824
Net Fixed Assets2930333228281031615
CWIP 0018910121535
Investments 750573776804851651488470491763
Inventories6557891,0968797399989131,0321,0571,815
Trade Receivables2616515911811390506898
Cash Equivalents 354214653852179510819164
Others Assets9031,114491593673395373319435338
Total Assets 2,3982,5642,5942,4292,5042,4111,9811,9972,2613,098

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -13287-165142106160-90-92-71-181
PBT 1013381177179857-70-8226
Adjustment -38-80-65-31-37-52-61-32-24-116
Changes in Working Capital -167-79-17511475150-291744-86
Tax Paid -29-93-41-12-11-22-8-7-9-5
Cash Flow From Investing Activity -1472021463-7922210213711220
Capex -5-4-444-1-3-3-30-8
Net Investments 12354170-521478460-190
Others -265152133-41-267721133112219
Cash Flow From Financing Activity 222-284118-237-37-309-48-214223
Net Proceeds from Shares 060129400020
Net Proceeds from Borrowing 0000000000
Interest Paid -38-41-45-82-100-28-11-8-8-16
Dividend Paid -29-54-28-28-35-32-3100-31
Others 288-196191-127-196-249-6-124870
Net Cash Flow -57499-92-1073-362483-138
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)6.69195.613.313.233.3-13.94-3.562.939.77
ROCE (%)8.2119.678.214.865.414.45-13.08-4.161.79.07
Asset Turnover Ratio0.140.250.190.270.190.20.20.050.120.18
PAT to CFO Conversion(x)-1.690.37-2.122.922.71N/AN/A-1.65-1.2
Working Capital Days
Receivable Days301224306887842858564
Inventory Days7354226855306226527933,9591,5081,111
Payable Days220200208133190159112422172128

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 12-Apr-2024 16:59 is ₹650.0.
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 12-Apr-2024 16:59 the market cap of Mahindra Life. Dev stood at ₹10,076.4.
The latest P/E ratio of Mahindra Life. Dev as of 12-Apr-2024 16:59 is 0.00.
The latest P/B ratio of Mahindra Life. Dev as of 12-Apr-2024 16:59 is 6.51.
The 52-week high of Mahindra Life. Dev is ₹670.0 and the 52-week low is ₹356.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mahindra Life. Dev is ₹265.9 ( 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.
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