Mahindra Lifespace Developers Limited

BSE: 532313 NSE: MAHLIFE
Mahindra Lifespace Developers Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L45200MH1999PLC118949 Incorporated 16 March 1999 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: MAHLIFE · BSE: 532313 Public Limited Company infrastructure and utilities
Data last updated
Market Cap
₹7,154 Cr
MAHLIFE · NSE
Share Price
₹325.35
-2.94% today
Revenue
₹1,178 Cr
FY 2025-26 · +216.5% YoY
EBITDA
−₹122 Cr
Margin -10.3%
Net Profit
₹274 Cr
FY 2025-26 · +563.7% YoY
P/E (TTM)
23.4x
P/B 2.0x
ROE
10.8%
ROCE 8.3%
Debt / Equity
0.38
Interest cover -7.5x

About Mahindra Lifespace Developers Limited

Data last updated:

Mahindra Lifespace Developers Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra And Mahindra Limited. It operates in the infrastructure project management segment of the infrastructure and utilities sector. It was incorporated on 16 March 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45200MH1999PLC118949. Its GSTIN is 27AAACG8904C1ZV (Maharashtra). The company holds 10 GST registrations, of which 7 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532313 and NSE: MAHLIFE.

The company has an authorised share capital of ₹300 Cr and a paid-up capital of ₹213.34 Cr. It was formerly known as Gesco Corporation Private Limited and Mahindra Gesco Developers Limited. It is led by directors including Amit Kumar Sinha (Managing Director) and Anish Dilip Shah.

Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 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. For the same year it recorded a net profit of ₹273.65 Cr (net margin 23.2%) and EBITDA of -₹121.61 Cr (EBITDA margin -10.3%). The net worth stands at ₹3,626.87 Cr (up 91.3% YoY). Total assets are valued at ₹4,307.15 Cr (up 28.7% YoY).

The company has about 480 employees on its provident fund (EPFO) records. Its group structure includes 16 subsidiaries.

The company is associated with 2 brands: Mahindra and Mahindra Lifespaces. As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹2,339.5 Cr on record. Court records list 135 cases involving the company, including 77 filed by the company and 58 filed against it; 25 cases are pending. The company has 67 deals on record (64 market trades, 2 rights issues, 1 funding round), with disclosed funding of ₹480 Cr; the latest was in May 2025. The company has 5 MSME Form 1 returns on record between 2018 and 2020, listing 5 overdue payments to 4 micro and small suppliers.

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.

Company details

CIN L45200MH1999PLC118949
Registration Number 118949
Incorporation Date 16 March 1999
ROC Mumbai
Listing Status Listed - Listed on NSE (MAHLIFE); Listed on BSE (532313)
Company Status Active
Date of Last AGM 25 July 2025
Date of Balance Sheet 31 March 2026
Parent Company Mahindra And Mahindra Limited
Compliance Status Active Compliant

Name history

Mahindra Lifespace Developers 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.

Company NameStatus
Mahindra Lifespace Developers LimitedCurrent
Gesco Corporation Private LimitedPrevious
Mahindra Gesco Developers LimitedPrevious

CIN history

Mahindra Lifespace Developers has one previous CIN (Corporate Identification Number): U45200MH1999PLC118949. The current CIN is L45200MH1999PLC118949, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L45200MH1999PLC118949Current
U45200MH1999PLC118949Previous
Key People
Amit Kumar Sinha Managing Director Anish Dilip Shah Director Rucha Nanavati Director

Contact details

Mahindra Lifespace Developers Limited's registered office is in Mumbai, Maharashtra. Its website is mahindralifespaces.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mahindralifespaces.com
  • Social Media
  • Apps
  • Registered Address
    4th Floor A Wing Mahindra Towers, Dr. G.M. Bhosale Marg Worli, Mumbai, Maharashtra, India – 400018
  • Industry
    Infrastructure and Utilities, Infrastructure Project Management

To see the full contact details of Mahindra Lifespace Developers Limited, buy the company report.

Comprehensive company report
Mahindra Lifespace Developers Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included

Brands

Mahindra Lifespace Developers operates two associated brands: Mahindra and Mahindra Lifespaces. Each brand links to its own profile.

BrandDescriptionWebsite
Mahindra
Diversified operations span automotive, agriculture, and financial services.mahindra.com
Mahindra Lifespaces
Residential and commercial infrastructure development services are provided.mahindralifespaces.com

Business activity

The main business activity of Mahindra Lifespace Developers is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

To see the full business activity and turnover split of Mahindra Lifespace Developers Limited, buy the company report.

Financials of Mahindra Lifespace Developers Limited

FY 2025-26 filings available

Mahindra Lifespace Developers Limited reported revenue of ₹1,178.31 Cr (up 216.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,178 Cr
+216.5% YoY
EBITDA
−₹122 Cr
+28.4% YoY
Profit After Tax
₹274 Cr
+563.7% YoY
Net Worth
₹3,627 Cr
+91.3% YoY
Total Assets
₹4,307 Cr
+28.7% YoY
Total Debt
₹662 Cr
-54.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,178372212607394166611
Revenue growth+216.5%+75.5%-65.0%+54.1%+136.7%-72.8%-
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 tax30670.5054.2910699.28(77.78)(196)
Net profit27441.2385.6230.1068.26(71.76)(62.23)
Net profit margin+23.2%+11.1%+40.4%+5.0%+17.3%-43.2%-10.2%
EPS (₹)13.973.956.346.5610.00(13.96)(37.66)
Balance sheet
Total assets4,3073,3462,7582,0802,1301,9251,986
Net worth3,6271,8961,8731,8061,7891,6311,701
Total debt6621,439877268286245237
Cash & bank53525610777.39225135132
Net working capital2,5472,0341,6339921,2291,1881,258
Cash flow
Cash from operations(545)(542)(661)(148)(52.00)(68.02)(62.79)
Cash from investing(145)27321426.4812311088.07
Cash from financing531416489(27.05)12.16(19.84)(67.38)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue32.4296267045917.5631.979.24167
Revenue growth (YoY)+84.6%+2909.5%+7147.0%+174.5%+130.8%-83.0%--
Other income11423.9613710711210714928.45
EBITDA(55.02)94.48(43.89)29.79(52.47)(55.02)(55.18)(25.40)
EBITDA margin-169.7%+9.8%-6.6%+6.5%-298.8%-172.1%-597.2%-15.2%
Depreciation4.545.045.605.676.516.095.503.97
Interest5.432.403.341.771.853.952.124.23
Profit before tax49.5011184.2412950.7441.6086.56(5.15)
Tax33.1625.45(5.88)20.562.83(9.66)1.4717.32
Net profit16.3485.5590.1210947.9151.2685.09(22.47)
EPS (₹)0.764.004.415.422.462.935.48(1.45)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue86034918.6947225389.64440
Revenue growth+146.3%+1769.0%-96.0%+86.7%+182.0%-79.6%-
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 tax88.0061.46(70.10)15122.49(69.66)(230)
Net profit74.1544.68(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 (₹)3.383.31(2.50)9.782.78(10.17)(44.00)
Balance sheet
Total assets3,7183,0032,4201,8571,6651,5621,623
Net worth3,0611,5561,5431,6131,4911,4451,496
Total debt6421,439872241171112124
Cash & bank32224997.6664.2719110895.41
Net working capital1,3311,5771,5729251,0099571,053
Cash flow
Cash from operations(257)(96.87)(706)(181)(71.14)(92.00)(90.05)
Cash from investing(482)(175)20919.76112137102
Cash from financing54242154022.8042.27(20.53)(47.68)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue15.7333155027211.9725.533.69162
Revenue growth (YoY)+31.4%+1197.5%-+68.5%+481.1%-86.0%--
Other income23165.7211112845.1032.99101102
Total expenses73.5027762127665.7482.4858.86189
EBITDA(57.77)53.79(70.58)(3.41)(53.77)(56.95)(55.17)(27.22)
EBITDA margin-367.3%+16.2%-12.8%-1.3%-449.2%-223.1%-1495.1%-16.8%
Depreciation3.814.685.535.616.466.045.453.91
Interest5.051.872.721.503.8412.9210.584.23
Profit before tax16511331.95118(18.97)(42.92)29.4266.22
Tax37.3422.832.3917.085.54(9.10)1.4618.49

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue32.4296267045917.5631.979.24167
Revenue growth (YoY)+84.6%+2909.5%+7147.0%+174.5%+130.8%-83.0%--
Other income11423.9613710711210714928.45
EBITDA(55.02)94.48(43.89)29.79(52.47)(55.02)(55.18)(25.40)
EBITDA margin-169.7%+9.8%-6.6%+6.5%-298.8%-172.1%-597.2%-15.2%
Depreciation4.545.045.605.676.516.095.503.97
Interest5.432.403.341.771.853.952.124.23
Profit before tax49.5011184.2412950.7441.6086.56(5.15)
Tax33.1625.45(5.88)20.562.83(9.66)1.4717.32
Net profit16.3485.5590.1210947.9151.2685.09(22.47)
EPS (₹)0.764.004.415.422.462.935.48(1.45)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,178372212607394166611
Revenue growth+216.5%+75.5%-65.0%+54.1%+136.7%-72.8%-
Other income46227824723920233.6834.98
Total expenses1,300542383717483260827
Employee cost18615911410599.5288.6795.63
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%
Depreciation23.8717.8113.7312.206.516.997.71
Interest10.9119.387.3910.916.5110.977.63
Profit before tax30670.5054.2910699.28(77.78)(196)
Tax7.859.15(44.01)2.83(62.43)(6.33)(1.69)
Net profit27441.2385.6230.1068.26(71.76)(62.23)
Net profit margin+23.2%+11.1%+40.4%+5.0%+17.3%-43.2%-10.2%
EPS (₹)13.973.956.346.5610.00(13.96)(37.66)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital21315515515515551.3851.36
Reserves & surplus3,4141,7411,7181,6511,6341,5801,650
Shareholders' funds (net worth)3,6271,8961,8731,8061,7891,6311,701
Minority interest0.110.170.220.1649.1041.9841.94
Secured loans20.0091865319.4411813780.74
Unsecured loans642522224249169108157
Total debt6621,439877268286245237
Total liabilities4,3073,3462,7582,0802,1301,9251,986
Assets
Gross block99.4580.4265.1578.18136127137
Net block27.3925.7224.3336.5810390.9398.18
Capital work in progress10.114.795.085.133.4014.5912.24
Investments1,269904914905622558548
Inventories5,1754,4623,3782,0981,4421,3451,204
Sundry debtors22813910712991.8956.41114
Cash & bank balances53525610777.39225135132
Loans & advances597251232218377299355
Total current assets6,5355,1083,8242,5222,1371,8361,806
Total current liabilities3,9883,0742,1911,530907648548
Net working capital2,5472,0341,6339921,2291,1881,258
Total assets4,3073,3462,7582,0802,1301,9251,986
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash23891.0649.4719811592.47135
Net cash from operating activities(545)(542)(661)(148)(52.00)(68.02)(62.79)
Net cash from investing activities(145)27321426.4812311088.07
Net cash from financing activities531416489(27.05)12.16(19.84)(67.38)
Net change in cash(159)14741.59(149)83.4022.56(42.10)
Closing cash53525610777.39225135132
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+216.5%+75.5%-65.0%+54.1%+136.7%-72.8%-
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%+195.1%-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 / equity0.380.610.310.150.160.140.13
Long-term debt / equity0.170.420.180.020.040.040.02
Interest cover-7.50-10.33-4.00-8.92-6.78-10.92-3.41
Efficiency & per share
Fixed asset turnover13.105.112.965.652.991.264.58
Inventory turnover0.240.090.080.340.280.130.48
Debtors turnover6.423.031.805.495.311.954.86
EPS (₹)13.973.956.346.5610.00(13.96)(37.66)
Dividend per share (₹)3.502.802.652.302.000.000.00
Book value per share (₹)170.00122.26120.82116.75115.75317.44331.24
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue15.7333155027211.9725.533.69162
Revenue growth (YoY)+31.4%+1197.5%-+68.5%+481.1%-86.0%--
Other income23165.7211112845.1032.99101102
Total expenses73.5027762127665.7482.4858.86189
EBITDA(57.77)53.79(70.58)(3.41)(53.77)(56.95)(55.17)(27.22)
EBITDA margin-367.3%+16.2%-12.8%-1.3%-449.2%-223.1%-1495.1%-16.8%
Depreciation3.814.685.535.616.466.045.453.91
Interest5.051.872.721.503.8412.9210.584.23
Profit before tax16511331.95118(18.97)(42.92)29.4266.22
Tax37.3422.832.3917.085.54(9.10)1.4618.49
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue86034918.6947225389.64440
Revenue growth+146.3%+1769.0%-96.0%+86.7%+182.0%-79.6%-
Other income31728312828115846.7580.81
Total expenses1,045526197584377196741
Employee cost17815110692.1285.8878.2785.08
EBITDA(185)(176)(178)(112)(124)(106)(302)
EBITDA margin-21.5%-50.5%-953.5%-23.7%-49.2%-118.4%-68.6%
Depreciation23.6417.5912.549.666.186.657.26
Interest20.9827.847.028.514.743.671.84
Profit before tax88.0061.46(70.10)15122.49(69.66)(230)
Tax15.9110.12(31.29)(0.69)(20.39)(17.42)(3.82)
Net profit74.1544.68(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 (₹)3.383.31(2.50)9.782.78(10.17)(44.00)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital21315515515515551.3851.36
Reserves & surplus2,8481,4011,3881,4581,3371,3941,445
Shareholders' funds (net worth)3,0611,5561,5431,6131,4911,4451,496
Secured loans0.0091864817.5035.0037.380.88
Unsecured loans64252222422313674.66123
Total debt6421,439872241171112124
Total liabilities3,7183,0032,4201,8571,6651,5621,623
Assets
Gross block91.9273.2857.9969.4262.7854.9664.55
Net block26.5625.2123.6234.7735.7123.6930.77
Capital work in progress2.994.795.085.132.8414.5912.24
Investments1,082605648763491470467
Inventories3,5003,7953,1781,8151,0571,032913
Sundry debtors18412668.6597.8067.7050.1689.64
Cash & bank balances32224997.6664.2719110895.41
Loans & advances527231262246346238332
Total current assets4,5344,4013,6062,2231,6621,4281,430
Total current liabilities3,2032,8232,0351,299653471377
Net working capital1,3311,5771,5729251,0099571,053
Total assets3,7183,0032,4201,8571,6651,5621,623
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash23484.8641.8018097.3473.31109
Net cash from operating activities(257)(96.87)(706)(181)(71.14)(92.00)(90.05)
Net cash from investing activities(482)(175)20919.76112137102
Net cash from financing activities54242154022.8042.27(20.53)(47.68)
Net change in cash(197)14943.07(138)82.7624.03(35.69)
Closing cash32224997.6664.2719110895.41
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+146.3%+1769.0%-96.0%+86.7%+182.0%-79.6%-
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%+160.3%-327.3%+154.7%-15.3%-557.5%-
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 / equity0.450.750.350.130.100.080.08
Long-term debt / equity0.200.510.210.000.000.000.00
Interest cover-10.07-14.35-3.68-7.00-3.63-3.26-0.60
Efficiency & per share
Fixed asset turnover10.425.320.297.144.291.507.24
Inventory turnover0.240.100.010.330.240.090.46
Debtors turnover5.543.580.225.704.291.284.34
EPS (₹)3.383.31(2.50)9.782.78(10.17)(44.00)
Dividend per share (₹)3.502.802.652.302.000.000.00
Book value per share (₹)143.47100.3499.53104.2796.51281.31291.32

To see the full year-wise statements and ratios of Mahindra Lifespace Developers Limited, buy the company report.

Board of directors of Mahindra Lifespace Developers Limited

Mahindra Lifespace Developers has 7 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anish Dilip Shah
Also directs: Mahindra Logistics Limited, Mahindra Holidays & Resorts India Limited, Tech Mahindra Limited and 4 more
Director28 Aug 201511 Years 1 MonthsCurrent
Rucha NanavatiDirector28 Jul 20224 Years 2 MonthsCurrent
Ameet Pratapsinh Hariani
Also directs: Adf Foods Limited, Strides Pharma Science Limited, Mahindra Logistics Limited and 5 more
Director04 Sep 20179 Years 1 MonthsCurrent
Amrita Verma Chowdhury
Also directs: Mahindra World City (Jaipur) Limited, ZF Commercial Vehicle Control Systems India Limited, Nesco Limited and 5 more
Director13 Aug 20197 Years 2 MonthsCurrent
Anuj Puri
Also directs: Puri Crawford Insurance Surveyors & Loss Assessors India Private Limited, Anarock Property Consultants Limited, Anarock Property Consultants Private Limited and 5 more
Director03 Nov 20223 Years 11 MonthsCurrent
Amit Kumar Sinha
Also directs: Mahindra World City (Jaipur) Limited, Mahindra Industrial Park Chennai Limited, Mahindra Happinest Developers Limited and 5 more
Managing Director23 Feb 20233 Years 8 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Mahindra Lifespace Developers Limited is audited by Deloitte Haskins and Sells LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins and Sells LLPFY 2023117366W/W-100018

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 52.40%, foreign institutional investors hold 7.40%, domestic institutional investors hold 22.80% and retail and other public shareholders hold 17.40%.

Promoters: 52.40%DII (Domestic Institutional): 22.80%FII (Foreign Institutional): 7.40%Retail & Others: 17.40%
Sep 2026
QUARTER
52.40% Promoters
22.80% DII (Domestic Institutional)
7.40% FII (Foreign Institutional)
17.40% Retail & Others
Promoter holding - history
Now 52.40% · Sep 2026High 52.40% · Dec 2025Low 52.40% · Dec 2025
51%51.8%52.5%53.3%54%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 52.40%Mar 2026: 52.40%Jun 2026: 52.40%Sep 2026: 52.40%52.40%52.40%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters52.40%52.40%52.40%52.40%
Public47.60%47.60%47.60%47.60%

Charges & borrowings

Open charges
₹25 Cr
Satisfied charges
₹2,339.5 Cr
Breakdown by lending institutions
Yes Bank Limited₹25.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 May 201010225430Yes Bank Limited₹25 CrOpen
08 Nov 2024101000698Others₹225 CrSatisfied
11 Mar 2024100887480Others₹500 CrSatisfied
03 Jan 2024100850174Others₹300 CrSatisfied
23 Jun 2020100350213Others₹200 CrSatisfied

To see the full charge records of Mahindra Lifespace Developers Limited, buy the company report.

Total charge records: 11 View all charges

Deals & funding

Mahindra Lifespace Developers Limited has 67 deals on record (64 market trades, 2 rights issues, 1 funding round), with disclosed funding of ₹480 Cr; the latest was in May 2025.

Total deals
67
Market trades
64
Rights issues
2
Funding round
1
Disclosed funding
₹480 Cr

Deals on record (5 of 67)

WhenDealAmountParties
Mar 2025Market trade₹64.28 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP , Goldman Sachs Funds - Goldman Sachs India Equity Portfolio
Feb 2016Market trade₹24.53 CrBuyer: Icici Prudential Life Insurance Company Limited
Seller: an individual
Nov 2006Market trade₹47.03 CrBuyer: H J Securities Private Limited
Seller: H J Securities Private Limited
Nov 2006Market trade₹61.15 CrBuyer: Opg Securities Private Limited
Seller: H.J.Securities Ltd.Ltd., Opg Securities Private Limited
Nov 2006Market trade₹33.3 CrBuyer: Composite Securities Limited
Seller: Composite Securities Limited

To see the full deal history of Mahindra Lifespace Developers Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Mahindra Lifespace Developers Limited was last rated by Crisil on 31 Jan 2020.

Rating agencyRated onRating
Crisil31 Jan 2020

To see the full credit ratings and regulatory alerts of Mahindra Lifespace Developers Limited, buy the company report.

MSME payment delays

Mahindra Lifespace Developers Limited has 5 MSME Form 1 returns on record between 2018 and 2020, listing 5 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (4 of 4)

SupplierAmount dueDue sinceReported on
Blue Fern India
Par Hi-Tech Buildcon Private Limited
Media Vinspa
an individual supplier

To see the full MSME payment records of Mahindra Lifespace Developers Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Mahindra Lifespace Developers has 16 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

16
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Mahindra Knowledge Park (Mohali) LimitedU00000MH2000PLC354304
Moonshine Construction Private LimitedU45200MH1996PTC099607
Mahindra Infrastructure Developers LimitedU45201MH2001PLC131942
Mahindra Bloomdale Developers LimitedU45203MH2008PLC183107
Industrial Township (Maharashtra) LimitedU45203MH2008PLC184190
Mahindra Water Utilities LimitedU45205MH1999PLC121235

To see the full group structure of Mahindra Lifespace Developers Limited, buy the company report.

Employees & EPFO

Mahindra Lifespace Developers Limited has a workforce of 480 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
480
Active EPFO establishments
1
Employee growth
22.14%

GST

Mahindra Lifespace Developers has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
7
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AAACG8904C1ZVMaharashtraActive01 Jul 2017
27AAACG8904C2ZUMaharashtraActive07 Jul 2017
06AAACG8904C1ZZHaryanaActive01 Jul 2017
33AAACG8904C1Z2Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Mahindra Lifespace Developers Limited, buy the company report.

Recent activity

Mahindra Lifespace Developers Limited has 49 board changes on record since 2001: 29 appointments and 20 cessations. The latest: Sriram Kumar was appointed as CFO on 07 Nov 2025.

Charges
A charge with Yes Bank Limited of Rs. 25.00 Cr registered on 29 May 2010 with Charge ID 10225430 was modified on 08 Apr 2026.
Filing
Mahindra Lifespace Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Sriram Kumar was appointed as CFO.
Ceased
Avinash Ashok Bapat ceased to be CFO.
Charges
A charge registered on 08 Nov 2024 via Charge ID 101000698 with Others was fully satisfied on 31 Jul 2025.
AGM
Mahindra Lifespace Developers Limited last Annual general meeting of members was held on 25 Jul 2025 as per latest MCA records.
Charges
A charge registered on 11 Mar 2024 via Charge ID 100887480 with Others was fully satisfied on 22 Jul 2025.
Charges
A charge registered on 03 Jan 2024 via Charge ID 100850174 with Others was fully satisfied on 02 Jul 2025.
Charges
A charge with Others of Rs. 225.00 Cr registered on 08 Nov 2024 with Charge ID 101000698 was modified on 18 Jun 2025.
Charges
A charge with Others of Rs. 500.00 Cr registered on 11 Mar 2024 with Charge ID 100887480 was modified on 29 Apr 2025.
Charges
A charge with Others amounted to Rs. 225.00 Cr with Charge ID 101000698 was registered on 08 Nov 2024.
Appointed
Milind Vasant Kulkarni was appointed as Director.

70 earlier events are in the company report.

News

Mahindra Lifespace: Anticipates Full-Year GDV Addition Between INR 10,000 Crores And INR 20,000 Crores, Focusing On The Higher End; Management Sets FY27 Residential Pre-Sales Guidance At INR 4,500 Crores To INR 5,000 Crores, With A Midpoint Target Of INR 4,750 Crores.
23 Oct 2026 · Exchange Update
Mahindra Lifespace: Aims For INR10,000 Crores In Pre-Sales This Year, Expecting Higher Growth Than FY2026's INR3,400 Crores. Management Projects Revenue Growth In H2, With 10-Year Cash Flow Potential Of INR1,500 Crores And 5-Year Potential Of INR750-800 Crores.
23 Oct 2026 · Exchange Update
MAHLIFE: Q2 CONS NET PROFIT 163M RUPEES VS 479M (YOY); EST 476M
22 Oct 2026 · Exchange Update
MAHLIFE: Q2 EBITDA LOSS 550M RUPEES VS LOSS 524M (YOY)
22 Oct 2026 · Exchange Update
Mahindra Lifespace Developers: Company Launches Mahindra Rivenza In Pune With Approximately ₹3,500 Crore GDV, Phase 1 Consists Of 1,236 Units.
06 Oct 2026 · Exchange Update

Frequently asked questions

Mahindra Lifespace Developers is an active public limited company based in Mumbai, Maharashtra, India. The company works in infrastructure project management, within the infrastructure and utilities industry. It was incorporated on 16 March 1999 (27+ years old) and is registered under CIN L45200MH1999PLC118949. Listed on BSE: 532313 and NSE: MAHLIFE.

Mahindra Lifespace Developers reported revenue of ₹1,178.31 Cr for FY 2025-26 (up 216.5% YoY) based on consolidated financials.

Mahindra Lifespace Developers has 7 current directors:

The latest financial statements of Mahindra Lifespace Developers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 July 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Mahindra Lifespace Developers is 27AAACG8904C1ZV, registered in Maharashtra. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAACG8904C2ZU (Maharashtra), 06AAACG8904C1ZZ (Haryana), 33AAACG8904C1Z2 (Tamil Nadu).

The CIN (Corporate Identification Number) of Mahindra Lifespace Developers is L45200MH1999PLC118949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Mahindra Lifespace Developers is a listed company as per MCA records. Its shares are listed on both BSE (code: 532313) and NSE (symbol: MAHLIFE).

Mahindra Lifespace Developers has 135 court cases on record: 77 filed by the company and 58 filed against it. 25 are pending. Most are in the high courts.

Mahindra Lifespace Developers was incorporated on 16 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.

Mahindra Lifespace Developers has 67 deals on record (64 market trades, 2 rights issues, 1 funding round), with disclosed funding of ₹480 Cr; the latest was in May 2025.

Sriram Kumar was appointed as CFO on 07 Nov 2025. Avinash Ashok Bapat ceased to be CFO on 31 Oct 2025. Milind Vasant Kulkarni was appointed as Director on 29 Jul 2024. Mahindra Lifespace Developers has 49 board changes on record in total.