About Mahindra Lifespace Developers Limited
Data last updated: 26 September 2026
Mahindra Lifespace Developers Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra And Mahindra Limited. It specialises in infrastructure project management, a part of the broader infrastructure and utilities sector. Incorporated on 16 March 1999, the company has been in operation for over 27 years.
Registered with ROC Mumbai under CIN L45200MH1999PLC118949. Listed on BSE: 532313 and NSE: MAHLIFE.
Capital: an authorised share capital of ₹300 Cr and a paid-up capital of ₹213.34 Cr. Formerly known as Gesco Corporation Private Limited and Mahindra Gesco Developers Limited. It is led by directors including Anish Dilip Shah and Rucha Nanavati.
Last AGM: 25 July 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,178.31 Cr, reflecting significant growth compared to the previous year. The net worth stands at ₹3,626.87 Cr (up 91.28% YoY). Total assets are valued at ₹4,307.15 Cr (up 28.71% YoY).
The company has a workforce of approximately 480 employees as per the latest available data. It operates as a subsidiary of Mahindra And Mahindra Limited. Its group structure includes 16 subsidiaries.
The company is associated with 2 brands - Mahindra, Mahindra Lifespaces. As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹2,339.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahindralifespaces.com.
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Registered Address4Th Floor A Wing Mahindra Towers, Dr. G.M. Bhosale Marg Worli, Mumbai, Maharashtra, India – 400018
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IndustryInfrastructure and Utilities, Infrastructure Project Management
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Mahindra Lifespace Developers Limited
Mahindra Lifespace Developers Limited has undergone 2 name changes throughout its history. The company was previously known as Gesco Corporation Private Limited, and Mahindra Gesco Developers Limited. The current legal name is Mahindra Lifespace Developers Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Mahindra Lifespace Developers Limited | Current |
| Gesco Corporation Private Limited | Previous |
| Mahindra Gesco Developers Limited | Previous |
CIN History of Mahindra Lifespace Developers Limited
Mahindra Lifespace Developers Limited has one previous CIN (Corporate Identification Number): U45200MH1999PLC118949. The current CIN is L45200MH1999PLC118949, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45200MH1999PLC118949 | Current |
| U45200MH1999PLC118949 | Previous |
Associated Brands with Mahindra Lifespace Developers Limited
Mahindra Lifespace Developers Limited operates two associated brands: Mahindra and Mahindra Lifespaces. These brands represent Mahindra Lifespace Developers Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Diversified operations span automotive, agriculture, and financial services. | mahindra.com | |
| Residential and commercial infrastructure development services are provided. | mahindralifespaces.com |
Competitors & Alternatives of Mahindra Lifespace Developers Limited
Brands and companies operating in the same space as Mahindra Lifespace Developers Limited include Godrej Properties, Vingroup, Tata Motors and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Residential and commercial properties are developed by Godrej Properties. | Mumbai, India, India | 1990 |
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Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam, Vietnam | 1993 |
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Cars, trucks, buses, and electric vehicles are manufactured. | Mumbai, India, India | 1868 |
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Automobiles and commercial vehicles are manufactured by Ford. | United States | 1903 |
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Commercial vehicles and two-wheelers are manufactured by Eicher Motors. | Gurugram, India, India | 1948 |
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Provider of property and real estate development services | Gurugram, India, India | 1947 |
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Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia, Australia | 1958 |
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Manufacturer of electric two and three-wheelers for personal and commercial use | Bengaluru, India, India | 2008 |
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Residential and commercial properties are developed and managed across regions. | Singapore, Singapore, Singapore | 1924 |
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Residential and commercial real estate development is conducted by Sunac. | Shanghai, China, China | 2003 |
Business Activity of Mahindra Lifespace Developers Limited
Mahindra Lifespace Developers Limited is engaged in the principal business activity of construction, with detailed activities including buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details for Mahindra Lifespace Developers Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mahindra Lifespace Developers Limited
Mahindra Lifespace Developers Limited is audited by Deloitte Haskins and Sells LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins and Sells LLP | Locked | Locked | Locked |
Complete auditor history for Mahindra Lifespace Developers Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mahindra Lifespace Developers Limited
Mahindra Lifespace Developers Limited is currently managed by 7 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
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Anish Dilip Shah
Also directs:
Mahindra Logistics Limited, Mahindra Holidays & Resorts India Limited, Tech Mahindra Limited and 4 more
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Director | 28 Aug 2015 | 11 Years 0 Months | Current |
| Rucha Nanavati | Director | 28 Jul 2022 | 4 Years 1 Months | Current |
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Ameet Pratapsinh Hariani
Also directs:
Adf Foods Limited, Strides Pharma Science Limited, Mahindra Logistics Limited and 5 more
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Director | 04 Sep 2017 | 9 Years 0 Months | Current |
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Amrita Verma Chowdhury
Also directs:
Mahindra World City (Jaipur) Limited, Zf Commercial Vehicle Control Systems India Limited, Nesco Limited and 5 more
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Director | 13 Aug 2019 | 7 Years 1 Months | Current |
| Anuj Puri | Director | 03 Nov 2022 | 3 Years 10 Months | Current |
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Amit Kumar Sinha
Also directs:
Mahindra World City (Jaipur) Limited, Mahindra Industrial Park Chennai Limited, Mahindra Happinest Developers Limited and 5 more
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Managing Director | 23 Feb 2023 | 3 Years 7 Months | Current |
Financials of Mahindra Lifespace Developers Limited FY 2025-26 filings available
Mahindra Lifespace Developers Limited reported revenue of ₹1,178.31 Cr (up 216.52% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,178 | 372 | 212 | 607 | 394 | 166 | 611 |
| Revenue growth | +139.8% | +41.5% | -46.5% | +48.4% | +86.0% | -68.6% | +45.8% |
| EBITDA | (122) | (170) | (171) | (110) | (89.49) | (93.50) | (216) |
| EBITDA margin | -10.3% | -45.6% | -80.7% | -18.2% | -22.7% | -56.2% | -35.3% |
| Profit before tax | 306 | 70.50 | 54.29 | 106 | 99.28 | (77.78) | (196) |
| Net profit | 274 | 41.23 | 85.62 | 30.10 | 68.26 | (71.76) | (62.23) |
| Net profit margin | +23.2% | +11.1% | +40.4% | +5.0% | +17.3% | -43.2% | -10.2% |
| EPS (₹) | 13.97 | 3.95 | 6.34 | 6.56 | 10.00 | (13.96) | (37.66) |
| Balance sheet | |||||||
| Total assets | 4,307 | 3,346 | 2,758 | 2,080 | 2,130 | 1,925 | 1,986 |
| Net worth | 3,627 | 1,896 | 1,873 | 1,806 | 1,789 | 1,631 | 1,701 |
| Total debt | 662 | 1,439 | 877 | 268 | 286 | 245 | 237 |
| Cash & bank | 535 | 256 | 107 | 77.39 | 225 | 135 | 132 |
| Net working capital | 2,547 | 2,034 | 1,633 | 992 | 1,229 | 1,188 | 1,258 |
| Cash flow | |||||||
| Cash from operations | (545) | (542) | (661) | (148) | (52.00) | (68.02) | (62.79) |
| Cash from investing | (145) | 273 | 214 | 26.48 | 123 | 110 | 88.07 |
| Cash from financing | 531 | 416 | 489 | (27.05) | 12.16 | (19.84) | (67.38) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 962 | 670 | 459 | 17.56 | 31.97 | 9.24 | 167 | 7.61 |
| Revenue growth (YoY) | +2909.5% | +7147.0% | +174.5% | +130.8% | -83.0% | -35.3% | +104.0% | -57.2% |
| Other income | 23.96 | 137 | 107 | 112 | 107 | 149 | 28.45 | 44.73 |
| EBITDA | 94.48 | (43.89) | 29.79 | (52.47) | (55.02) | (55.18) | (25.40) | (47.71) |
| EBITDA margin | +9.8% | -6.6% | +6.5% | -298.8% | -172.1% | -597.2% | -15.2% | -626.9% |
| Depreciation | 5.04 | 5.60 | 5.67 | 6.51 | 6.09 | 5.50 | 3.97 | 4.00 |
| Interest | 2.40 | 3.34 | 1.77 | 1.85 | 3.95 | 2.12 | 4.23 | 7.01 |
| Profit before tax | 111 | 84.24 | 129 | 50.74 | 41.60 | 86.56 | (5.15) | (13.99) |
| Tax | 25.45 | (5.88) | 20.56 | 2.83 | (9.66) | 1.47 | 17.32 | 0.02 |
| Net profit | 85.55 | 90.12 | 109 | 47.91 | 51.26 | 85.09 | (22.47) | (14.01) |
| EPS (₹) | 4.00 | 4.41 | 5.42 | 2.46 | 2.93 | 5.48 | (1.45) | (0.83) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 860 | 349 | 18.69 | 472 | 253 | 89.64 | 440 |
| Revenue growth | +98.8% | +167.0% | -66.3% | +54.8% | +92.7% | -73.6% | +60.6% |
| EBITDA | (185) | (176) | (178) | (112) | (124) | (106) | (302) |
| EBITDA margin | -21.5% | -50.5% | -953.5% | -23.7% | -49.2% | -118.4% | -68.6% |
| Profit before tax | 88.00 | 61.46 | (70.10) | 151 | 22.49 | (69.66) | (230) |
| Net profit | 74.15 | 44.68 | (74.09) | 32.59 | (59.55) | (51.65) | 11.29 |
| Net profit margin | +8.6% | +12.8% | -396.4% | +6.9% | -23.6% | -57.6% | +2.6% |
| EPS (₹) | 3.38 | 3.31 | (2.50) | 9.78 | 2.78 | (10.17) | (44.00) |
| Balance sheet | |||||||
| Total assets | 3,718 | 3,003 | 2,420 | 1,857 | 1,665 | 1,562 | 1,623 |
| Net worth | 3,061 | 1,556 | 1,543 | 1,613 | 1,491 | 1,445 | 1,496 |
| Total debt | 642 | 1,439 | 872 | 241 | 171 | 112 | 124 |
| Cash & bank | 322 | 249 | 97.66 | 64.27 | 191 | 108 | 95.41 |
| Net working capital | 1,331 | 1,577 | 1,572 | 925 | 1,009 | 957 | 1,053 |
| Cash flow | |||||||
| Cash from operations | (257) | (96.87) | (706) | (181) | (71.14) | (92.00) | (90.05) |
| Cash from investing | (482) | (175) | 209 | 19.76 | 112 | 137 | 102 |
| Cash from financing | 542 | 421 | 540 | 22.80 | 42.27 | (20.53) | (47.68) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 331 | 550 | 272 | 11.97 | 25.53 | 3.69 | 162 | 2.06 |
| Revenue growth (YoY) | +1197.5% | - | +68.5% | +481.1% | -86.0% | +44.7% | +7749.5% | -72.3% |
| Other income | 65.72 | 111 | 128 | 45.10 | 32.99 | 101 | 102 | 61.41 |
| Total expenses | 277 | 621 | 276 | 65.74 | 82.48 | 58.86 | 189 | 53.23 |
| EBITDA | 53.79 | (70.58) | (3.41) | (53.77) | (56.95) | (55.17) | (27.22) | (51.17) |
| EBITDA margin | +16.2% | -12.8% | -1.3% | -449.2% | -223.1% | -1495.1% | -16.8% | -2484.0% |
| Depreciation | 4.68 | 5.53 | 5.61 | 6.46 | 6.04 | 5.45 | 3.91 | 3.94 |
| Interest | 1.87 | 2.72 | 1.50 | 3.84 | 12.92 | 10.58 | 4.23 | 7.01 |
| Profit before tax | 113 | 31.95 | 118 | (18.97) | (42.92) | 29.42 | 66.22 | (0.71) |
| Tax | 22.83 | 2.39 | 17.08 | 5.54 | (9.10) | 1.46 | 18.49 | (0.12) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 962 | 670 | 459 | 17.56 | 31.97 | 9.24 | 167 | 7.61 |
| Revenue growth (YoY) | +2909.5% | +7147.0% | +174.5% | +130.8% | -83.0% | -35.3% | +104.0% | -57.2% |
| Other income | 23.96 | 137 | 107 | 112 | 107 | 149 | 28.45 | 44.73 |
| EBITDA | 94.48 | (43.89) | 29.79 | (52.47) | (55.02) | (55.18) | (25.40) | (47.71) |
| EBITDA margin | +9.8% | -6.6% | +6.5% | -298.8% | -172.1% | -597.2% | -15.2% | -626.9% |
| Depreciation | 5.04 | 5.60 | 5.67 | 6.51 | 6.09 | 5.50 | 3.97 | 4.00 |
| Interest | 2.40 | 3.34 | 1.77 | 1.85 | 3.95 | 2.12 | 4.23 | 7.01 |
| Profit before tax | 111 | 84.24 | 129 | 50.74 | 41.60 | 86.56 | (5.15) | (13.99) |
| Tax | 25.45 | (5.88) | 20.56 | 2.83 | (9.66) | 1.47 | 17.32 | 0.02 |
| Net profit | 85.55 | 90.12 | 109 | 47.91 | 51.26 | 85.09 | (22.47) | (14.01) |
| EPS (₹) | 4.00 | 4.41 | 5.42 | 2.46 | 2.93 | 5.48 | (1.45) | (0.83) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,178 | 372 | 212 | 607 | 394 | 166 | 611 |
| Revenue growth | +139.8% | +41.5% | -46.5% | +48.4% | +86.0% | -68.6% | +45.8% |
| Other income | 462 | 278 | 247 | 239 | 202 | 33.68 | 34.98 |
| Total expenses | 1,300 | 542 | 383 | 717 | 483 | 260 | 827 |
| Employee cost | 186 | 159 | 114 | 105 | 99.52 | 88.67 | 95.63 |
| EBITDA | (122) | (170) | (171) | (110) | (89.49) | (93.50) | (216) |
| EBITDA margin | -10.3% | -45.6% | -80.7% | -18.2% | -22.7% | -56.2% | -35.3% |
| Depreciation | 23.87 | 17.81 | 13.73 | 12.20 | 6.51 | 6.99 | 7.71 |
| Interest | 10.91 | 19.38 | 7.39 | 10.91 | 6.51 | 10.97 | 7.63 |
| Profit before tax | 306 | 70.50 | 54.29 | 106 | 99.28 | (77.78) | (196) |
| Tax | 7.85 | 9.15 | (44.01) | 2.83 | (62.43) | (6.33) | (1.69) |
| Net profit | 274 | 41.23 | 85.62 | 30.10 | 68.26 | (71.76) | (62.23) |
| Net profit margin | +23.2% | +11.1% | +40.4% | +5.0% | +17.3% | -43.2% | -10.2% |
| EPS (₹) | 13.97 | 3.95 | 6.34 | 6.56 | 10.00 | (13.96) | (37.66) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 213 | 155 | 155 | 155 | 155 | 51.38 | 51.36 |
| Reserves & surplus | 3,414 | 1,741 | 1,718 | 1,651 | 1,634 | 1,580 | 1,650 |
| Shareholders' funds (net worth) | 3,627 | 1,896 | 1,873 | 1,806 | 1,789 | 1,631 | 1,701 |
| Minority interest | 0.11 | 0.17 | 0.22 | 0.16 | 49.10 | 41.98 | 41.94 |
| Secured loans | 20.00 | 918 | 653 | 19.44 | 118 | 137 | 80.74 |
| Unsecured loans | 642 | 522 | 224 | 249 | 169 | 108 | 157 |
| Total debt | 662 | 1,439 | 877 | 268 | 286 | 245 | 237 |
| Total liabilities | 4,307 | 3,346 | 2,758 | 2,080 | 2,130 | 1,925 | 1,986 |
| Assets | |||||||
| Gross block | 99.45 | 80.42 | 65.15 | 78.18 | 136 | 127 | 137 |
| Net block | 27.39 | 25.72 | 24.33 | 36.58 | 103 | 90.93 | 98.18 |
| Capital work in progress | 10.11 | 4.79 | 5.08 | 5.13 | 3.40 | 14.59 | 12.24 |
| Investments | 1,269 | 904 | 914 | 905 | 622 | 558 | 548 |
| Inventories | 5,175 | 4,462 | 3,378 | 2,098 | 1,442 | 1,345 | 1,204 |
| Sundry debtors | 228 | 139 | 107 | 129 | 91.89 | 56.41 | 114 |
| Cash & bank balances | 535 | 256 | 107 | 77.39 | 225 | 135 | 132 |
| Loans & advances | 597 | 251 | 232 | 218 | 377 | 299 | 355 |
| Total current assets | 6,535 | 5,108 | 3,824 | 2,522 | 2,137 | 1,836 | 1,806 |
| Total current liabilities | 3,988 | 3,074 | 2,191 | 1,530 | 907 | 648 | 548 |
| Net working capital | 2,547 | 2,034 | 1,633 | 992 | 1,229 | 1,188 | 1,258 |
| Total assets | 4,307 | 3,346 | 2,758 | 2,080 | 2,130 | 1,925 | 1,986 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 238 | 91.06 | 49.47 | 198 | 115 | 92.47 | 135 |
| Net cash from operating activities | (545) | (542) | (661) | (148) | (52.00) | (68.02) | (62.79) |
| Net cash from investing activities | (145) | 273 | 214 | 26.48 | 123 | 110 | 88.07 |
| Net cash from financing activities | 531 | 416 | 489 | (27.05) | 12.16 | (19.84) | (67.38) |
| Net change in cash | (159) | 147 | 41.59 | (149) | 83.40 | 22.56 | (42.10) |
| Closing cash | 535 | 256 | 107 | 77.39 | 225 | 135 | 132 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +216.5% | +75.5% | -65.0% | +54.1% | +136.7% | -72.8% | +3.1% |
| EBITDA growth | +28.4% | +0.7% | -55.4% | -23.0% | +4.3% | +56.7% | - |
| PBT growth | +334.0% | +29.9% | -48.6% | +6.5% | +9998.0% | +60.4% | - |
| Net income growth | +563.7% | -51.9% | +184.5% | -55.9% | +9998.0% | -15.3% | - |
| Revenue CAGR (3Y) | +24.8% | -1.8% | +8.5% | -0.2% | -12.8% | -33.5% | -7.1% |
| EBITDA CAGR (3Y) | +3.4% | +23.8% | +22.3% | -20.1% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +25.3% | +16.5% | +46.4% | +17.0% | +41.1% | -43.0% | -31.9% |
| Return on capital employed | +8.3% | +2.2% | +2.0% | +2.1% | +0.5% | -3.5% | -2.6% |
| Return on net worth | +10.8% | +2.2% | +4.7% | +1.8% | +4.4% | -4.3% | -3.5% |
| Debt / equity | 0.38 | 0.61 | 0.31 | 0.15 | 0.16 | 0.14 | 0.13 |
| Long-term debt / equity | 0.17 | 0.42 | 0.18 | 0.02 | 0.04 | 0.04 | 0.02 |
| Interest cover | -7.50 | -10.33 | -4.00 | -8.92 | -6.78 | -10.92 | -3.41 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 13.10 | 5.11 | 2.96 | 5.65 | 2.99 | 1.26 | 4.58 |
| Inventory turnover | 0.24 | 0.09 | 0.08 | 0.34 | 0.28 | 0.13 | 0.48 |
| Debtors turnover | 6.42 | 3.03 | 1.80 | 5.49 | 5.31 | 1.95 | 4.86 |
| EPS (₹) | 13.97 | 3.95 | 6.34 | 6.56 | 10.00 | (13.96) | (37.66) |
| Dividend per share (₹) | 3.50 | 2.80 | 2.65 | 2.30 | 2.00 | 0.00 | 0.00 |
| Book value per share (₹) | 170.00 | 122.26 | 120.82 | 116.75 | 115.75 | 317.44 | 331.24 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 331 | 550 | 272 | 11.97 | 25.53 | 3.69 | 162 | 2.06 |
| Revenue growth (YoY) | +1197.5% | - | +68.5% | +481.1% | -86.0% | +44.7% | +7749.5% | -72.3% |
| Other income | 65.72 | 111 | 128 | 45.10 | 32.99 | 101 | 102 | 61.41 |
| Total expenses | 277 | 621 | 276 | 65.74 | 82.48 | 58.86 | 189 | 53.23 |
| EBITDA | 53.79 | (70.58) | (3.41) | (53.77) | (56.95) | (55.17) | (27.22) | (51.17) |
| EBITDA margin | +16.2% | -12.8% | -1.3% | -449.2% | -223.1% | -1495.1% | -16.8% | -2484.0% |
| Depreciation | 4.68 | 5.53 | 5.61 | 6.46 | 6.04 | 5.45 | 3.91 | 3.94 |
| Interest | 1.87 | 2.72 | 1.50 | 3.84 | 12.92 | 10.58 | 4.23 | 7.01 |
| Profit before tax | 113 | 31.95 | 118 | (18.97) | (42.92) | 29.42 | 66.22 | (0.71) |
| Tax | 22.83 | 2.39 | 17.08 | 5.54 | (9.10) | 1.46 | 18.49 | (0.12) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 860 | 349 | 18.69 | 472 | 253 | 89.64 | 440 |
| Revenue growth | +98.8% | +167.0% | -66.3% | +54.8% | +92.7% | -73.6% | +60.6% |
| Other income | 317 | 283 | 128 | 281 | 158 | 46.75 | 80.81 |
| Total expenses | 1,045 | 526 | 197 | 584 | 377 | 196 | 741 |
| Employee cost | 178 | 151 | 106 | 92.12 | 85.88 | 78.27 | 85.08 |
| EBITDA | (185) | (176) | (178) | (112) | (124) | (106) | (302) |
| EBITDA margin | -21.5% | -50.5% | -953.5% | -23.7% | -49.2% | -118.4% | -68.6% |
| Depreciation | 23.64 | 17.59 | 12.54 | 9.66 | 6.18 | 6.65 | 7.26 |
| Interest | 20.98 | 27.84 | 7.02 | 8.51 | 4.74 | 3.67 | 1.84 |
| Profit before tax | 88.00 | 61.46 | (70.10) | 151 | 22.49 | (69.66) | (230) |
| Tax | 15.91 | 10.12 | (31.29) | (0.69) | (20.39) | (17.42) | (3.82) |
| Net profit | 74.15 | 44.68 | (74.09) | 32.59 | (59.55) | (51.65) | 11.29 |
| Net profit margin | +8.6% | +12.8% | -396.4% | +6.9% | -23.6% | -57.6% | +2.6% |
| EPS (₹) | 3.38 | 3.31 | (2.50) | 9.78 | 2.78 | (10.17) | (44.00) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 213 | 155 | 155 | 155 | 155 | 51.38 | 51.36 |
| Reserves & surplus | 2,848 | 1,401 | 1,388 | 1,458 | 1,337 | 1,394 | 1,445 |
| Shareholders' funds (net worth) | 3,061 | 1,556 | 1,543 | 1,613 | 1,491 | 1,445 | 1,496 |
| Secured loans | 0.00 | 918 | 648 | 17.50 | 35.00 | 37.38 | 0.88 |
| Unsecured loans | 642 | 522 | 224 | 223 | 136 | 74.66 | 123 |
| Total debt | 642 | 1,439 | 872 | 241 | 171 | 112 | 124 |
| Total liabilities | 3,718 | 3,003 | 2,420 | 1,857 | 1,665 | 1,562 | 1,623 |
| Assets | |||||||
| Gross block | 91.92 | 73.28 | 57.99 | 69.42 | 62.78 | 54.96 | 64.55 |
| Net block | 26.56 | 25.21 | 23.62 | 34.77 | 35.71 | 23.69 | 30.77 |
| Capital work in progress | 2.99 | 4.79 | 5.08 | 5.13 | 2.84 | 14.59 | 12.24 |
| Investments | 1,082 | 605 | 648 | 763 | 491 | 470 | 467 |
| Inventories | 3,500 | 3,795 | 3,178 | 1,815 | 1,057 | 1,032 | 913 |
| Sundry debtors | 184 | 126 | 68.65 | 97.80 | 67.70 | 50.16 | 89.64 |
| Cash & bank balances | 322 | 249 | 97.66 | 64.27 | 191 | 108 | 95.41 |
| Loans & advances | 527 | 231 | 262 | 246 | 346 | 238 | 332 |
| Total current assets | 4,534 | 4,401 | 3,606 | 2,223 | 1,662 | 1,428 | 1,430 |
| Total current liabilities | 3,203 | 2,823 | 2,035 | 1,299 | 653 | 471 | 377 |
| Net working capital | 1,331 | 1,577 | 1,572 | 925 | 1,009 | 957 | 1,053 |
| Total assets | 3,718 | 3,003 | 2,420 | 1,857 | 1,665 | 1,562 | 1,623 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 234 | 84.86 | 41.80 | 180 | 97.34 | 73.31 | 109 |
| Net cash from operating activities | (257) | (96.87) | (706) | (181) | (71.14) | (92.00) | (90.05) |
| Net cash from investing activities | (482) | (175) | 209 | 19.76 | 112 | 137 | 102 |
| Net cash from financing activities | 542 | 421 | 540 | 22.80 | 42.27 | (20.53) | (47.68) |
| Net change in cash | (197) | 149 | 43.07 | (138) | 82.76 | 24.03 | (35.69) |
| Closing cash | 322 | 249 | 97.66 | 64.27 | 191 | 108 | 95.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +146.3% | +1769.0% | -96.0% | +86.7% | +182.0% | -79.6% | -9.5% |
| EBITDA growth | -4.7% | +1.0% | -59.4% | +10.1% | -17.3% | +64.8% | - |
| PBT growth | +43.2% | +9998.0% | - | +569.5% | +9998.0% | +69.7% | - |
| Net income growth | +66.0% | +9998.0% | - | +9998.0% | -15.3% | - | -80.5% |
| Revenue CAGR (3Y) | +22.2% | +11.4% | -40.7% | +2.4% | -19.6% | -42.6% | -13.5% |
| EBITDA CAGR (3Y) | +18.2% | +12.3% | +18.9% | -28.2% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +8.4% | +14.7% | -207.7% | +32.1% | +17.0% | -58.3% | -51.4% |
| Return on capital employed | +3.2% | +3.0% | -4.6% | +2.3% | -4.7% | -4.1% | +0.5% |
| Return on net worth | +3.1% | +2.9% | -4.7% | +2.1% | -4.1% | -3.6% | +0.7% |
| Debt / equity | 0.45 | 0.75 | 0.35 | 0.13 | 0.10 | 0.08 | 0.08 |
| Long-term debt / equity | 0.20 | 0.51 | 0.21 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -10.07 | -14.35 | -3.68 | -7.00 | -3.63 | -3.26 | -0.60 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 10.42 | 5.32 | 0.29 | 7.14 | 4.29 | 1.50 | 7.24 |
| Inventory turnover | 0.24 | 0.10 | 0.01 | 0.33 | 0.24 | 0.09 | 0.46 |
| Debtors turnover | 5.54 | 3.58 | 0.22 | 5.70 | 4.29 | 1.28 | 4.34 |
| EPS (₹) | 3.38 | 3.31 | (2.50) | 9.78 | 2.78 | (10.17) | (44.00) |
| Dividend per share (₹) | 3.50 | 2.80 | 2.65 | 2.30 | 2.00 | 0.00 | 0.00 |
| Book value per share (₹) | 143.47 | 100.34 | 99.53 | 104.27 | 96.51 | 281.31 | 291.32 |
Shareholding Pattern of Mahindra Lifespace Developers Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 52.40%, foreign institutional investors hold 7.40%, domestic institutional investors hold 22.80%, retail and other public shareholders hold 17.40% of Mahindra Lifespace Developers Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 52.40% | 52.40% | 52.40% | 52.40% |
| Public | 47.60% | 47.60% | 47.60% | 47.60% |
Group Structure of Mahindra Lifespace Developers Limited
Mahindra Lifespace Developers Limited has 16 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Mahindra Lifespace Developers Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Mahindra Knowledge Park (Mohali) Limited | U00000MH2000PLC354304 | - |
| Moonshine Construction Private Limited | U45200MH1996PTC099607 | - |
| Mahindra Infrastructure Developers Limited | U45201MH2001PLC131942 | - |
| Mahindra Bloomdale Developers Limited | U45203MH2008PLC183107 | - |
| Industrial Township (Maharashtra) Limited | U45203MH2008PLC184190 | - |
| Mahindra Water Utilities Limited | U45205MH1999PLC121235 | - |
Showing major subsidiaries. Total: 16.
Charges & Borrowings of Mahindra Lifespace Developers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2010 | Yes Bank Limited | ₹25 Cr | Open |
| 08 Nov 2024 | Others | ₹225 Cr | Satisfied |
| 11 Mar 2024 | Others | ₹500 Cr | Satisfied |
| 03 Jan 2024 | Others | ₹300 Cr | Satisfied |
| 23 Jun 2020 | Others | ₹200 Cr | Satisfied |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Mahindra Lifespace Developers Limited
Mahindra Lifespace Developers Limited has a workforce of 480 employees as of Apr 09, 2024.
Employee and EPFO history for Mahindra Lifespace Developers Limited
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GST Compliance of Mahindra Lifespace Developers Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mahindra Lifespace Developers Limited
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MSME Payment Delays by Mahindra Lifespace Developers Limited
MSME payment history for Mahindra Lifespace Developers Limited
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Subsidiaries & Group Companies of Mahindra Lifespace Developers Limited
Corporate group structure for Mahindra Lifespace Developers Limited
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MCA Filings & Documents of Mahindra Lifespace Developers Limited
MCA filings and documents for Mahindra Lifespace Developers Limited
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Recent Activity on Mahindra Lifespace Developers Limited
Recent News on Mahindra Lifespace Developers Limited
Frequently Asked Questions about Mahindra Lifespace Developers Limited
Mahindra Lifespace Developers Limited is an active public limited company in the infrastructure and utilities sector based in Mumbai, Maharashtra, India. It was incorporated on 16 March 1999 (27+ years old) and is registered under CIN L45200MH1999PLC118949. Listed on BSE: 532313 and NSE: MAHLIFE. The company has 480 employees.
Mahindra Lifespace Developers Limited reported revenue of ₹1,178.31 Cr for FY 2025-26 (up 216.52% YoY) based on consolidated financials.
The current directors of Mahindra Lifespace Developers Limited are:
- Anish Dilip Shah - Director
- Rucha Nanavati - Director
- Ameet Pratapsinh Hariani - Director
- Amrita Verma Chowdhury - Director
- Anuj Puri - Director
- Amit Kumar Sinha - Managing Director
- Milind Vasant Kulkarni - Director
The primary industry of Mahindra Lifespace Developers Limited is infrastructure and utilities. The company specifically operates in infrastructure project management. The company is currently active in this sector.
Yes. Mahindra Lifespace Developers Limited is listed on both BSE (code: 532313) and NSE (symbol: MAHLIFE).
Mahindra Lifespace Developers Limited can be reached at the registered office: 4Th Floor A Wing Mahindra Towers, Dr. G.M. Bhosale Marg Worli, Mumbai, Maharashtra, India – 400018, or through the website mahindralifespaces.com.