About Mahindra Lifespace Developers Limited
Data last updated: 06 January 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 ₹213.31 Cr. Formerly known as Gesco Corporation Private Limited and Mahindra Gesco Developers Limited. It is led by directors including Sriram Kumar and Amit Kumar Sinha.
Last AGM: 25 July 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹463.87 Cr, a growth of 66% compared to the previous year.
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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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Apps
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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 | ********* |
Auditor Details of Mahindra Lifespace Developers Limited
Mahindra Lifespace Developers Limited is audited by Ms Deloitte Haskins and sells LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Ms Deloitte Haskins and sells LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Mahindra Lifespace Developers Limited
Mahindra Lifespace Developers Limited is currently managed by 13 directors, with 29 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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Sriram Kumar
Also directs:
Mahindra Happinest Developers Limited, Mahindra Knowledge Park Mohali Limited, Shreyas Stones Private Limited and 5 more
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Nodal Officer | 07 Nov 2025 | 0 Years 8 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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Director | 23 Feb 2023 | 3 Years 4 Months | Current |
| Rucha Nanavati | Director | 28 Jul 2022 | 3 Years 11 Months | Current |
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Asha Parthasarathi Kharga
Also directs:
Mahindra Hotels And Residences India Limited
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Director | 13 May 2022 | 4 Years 1 Months | Current |
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Amrita Verma Chowdhury
Also directs:
Mahindra World City (Jaipur) Limited, Simmonds Marshall Limited, Zf Commercial Vehicle Control Systems India Limited and 5 more
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Director | 13 Aug 2019 | 6 Years 10 Months | Current |
| Anuj Puri | Director | 03 Nov 2022 | 3 Years 8 Months | Current |
Financials of Mahindra Lifespace Developers Limited FY 2026 filings available
Mahindra Lifespace Developers Limited reported revenue of ₹1,178.31 Cr (up 216.52% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,178.31 Cr | ₹372.27 Cr | ₹212.09 Cr | ₹606.61 Cr | ₹393.55 Cr | ₹166.25 Cr | ₹610.94 Cr |
| Other Income | ₹87.65 Cr | ₹91.6 Cr | ₹67.03 Cr | ₹52.95 Cr | ₹14.69 Cr | ₹21.57 Cr | ₹34.98 Cr |
| Total Income | ₹1,265.96 Cr | ₹463.87 Cr | ₹279.12 Cr | ₹659.56 Cr | ₹408.24 Cr | ₹187.82 Cr | ₹645.92 Cr |
| Cost of Materials Consumed | ₹2,194.82 Cr | ₹1,365.05 Cr | ₹1,463.55 Cr | ₹513.78 Cr | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹1,187.92 Cr | -₹1,065.44 Cr | -₹1,273.69 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹127.26 Cr | ₹111.63 Cr | ₹84.07 Cr | ₹79.17 Cr | ₹83.6 Cr | ₹75.71 Cr | ₹82.17 Cr |
| Finance Costs | ₹10.91 Cr | ₹19.38 Cr | ₹7.39 Cr | ₹10.91 Cr | ₹6.51 Cr | ₹10.97 Cr | ₹7.63 Cr |
| Depreciation & Amortisation | ₹23.87 Cr | ₹17.81 Cr | ₹13.73 Cr | ₹12.2 Cr | ₹6.51 Cr | ₹6.99 Cr | ₹7.71 Cr |
| Other Expenses | ₹165.74 Cr | ₹130.9 Cr | ₹109.26 Cr | ₹123.77 Cr | ₹399.44 Cr | ₹184.04 Cr | ₹585.58 Cr |
| Total Expenses | ₹1,334.68 Cr | ₹579.33 Cr | ₹404.31 Cr | ₹739.83 Cr | ₹496.06 Cr | ₹277.71 Cr | ₹683.09 Cr |
| Profit Before Exceptional Items & Tax | -₹68.72 Cr | -₹115.46 Cr | -₹125.19 Cr | -₹80.27 Cr | -₹87.82 Cr | -₹89.89 Cr | -₹37.17 Cr |
| Exceptional Items | ₹25.83 Cr | ₹0 | ₹0 | ₹67.8 Cr | ₹96.84 Cr | ₹0 | -₹134.59 Cr |
| Profit Before Tax | -₹42.89 Cr | -₹115.46 Cr | -₹125.19 Cr | -₹12.47 Cr | ₹9.02 Cr | -₹89.89 Cr | -₹171.76 Cr |
| Total Tax Expense | ₹7.85 Cr | ₹9.15 Cr | -₹44.01 Cr | ₹2.83 Cr | -₹62.43 Cr | -₹6.33 Cr | -₹1.69 Cr |
| Net Profit | ₹298.17 Cr | ₹61.35 Cr | ₹98.3 Cr | ₹102.83 Cr | ₹161.71 Cr | -₹71.45 Cr | -₹194.55 Cr |
| attributable to Owners | ₹297.34 Cr | ₹61.29 Cr | ₹98.24 Cr | ₹101.41 Cr | ₹154.76 Cr | -₹71.74 Cr | ₹0 |
| attributable to NCI | ₹4 Lakh | ₹6 Lakh | ₹6 Lakh | ₹1.42 Cr | ₹7.22 Cr | ₹29 Lakh | ₹0 |
| Other Comprehensive Income | -₹79 Lakh | -₹41 Lakh | -₹35 Lakh | ₹2 Lakh | ₹27 Lakh | ₹2 Lakh | ₹73 Lakh |
| Total Comprehensive Income | ₹297.38 Cr | ₹60.94 Cr | ₹97.95 Cr | ₹102.85 Cr | ₹161.98 Cr | -₹71.43 Cr | -₹193.82 Cr |
| EBITDA (computed) | -₹33.94 Cr | -₹78.27 Cr | -₹104.07 Cr | -₹57.16 Cr | -₹74.8 Cr | -₹71.93 Cr | -₹21.83 Cr |
| Basic EPS | ₹14.64 | ₹3.95 | ₹6.34 | ₹6.56 | ₹10.48 | ₹-13.96 | ₹-37.66 |
| Diluted EPS | ₹14.61 | ₹3.95 | ₹6.33 | ₹6.55 | ₹10.43 | ₹-13.96 | ₹-37.57 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹8,294.83 Cr | ₹6,420.77 Cr | ₹4,963.05 Cr | ₹3,610.73 Cr |
| Non-current Assets | ₹1,672.15 Cr | ₹1,252.53 Cr | ₹1,052.91 Cr | ₹892.45 Cr |
| Current Assets | ₹6,622.68 Cr | ₹5,168.24 Cr | ₹3,884.67 Cr | ₹2,718.28 Cr |
| Property, Plant & Equipment | ₹26.48 Cr | ₹25.22 Cr | ₹23.73 Cr | ₹13.82 Cr |
| Inventories | ₹5,175.36 Cr | ₹4,462.09 Cr | ₹3,377.86 Cr | ₹2,097.58 Cr |
| Trade Receivables | ₹228.11 Cr | ₹138.74 Cr | ₹107.19 Cr | ₹129.1 Cr |
| Cash & Equivalents | ₹79.34 Cr | ₹237.85 Cr | ₹91.06 Cr | ₹49.47 Cr |
| Equity (Net Worth) | ₹3,626.98 Cr | ₹1,896.28 Cr | ₹1,872.99 Cr | ₹1,805.93 Cr |
| Equity Share Capital | ₹213.34 Cr | ₹155.09 Cr | ₹155.01 Cr | ₹154.67 Cr |
| Borrowings (Non-current) | ₹0 | ₹917.66 Cr | ₹647.96 Cr | ₹7.71 Cr |
| Borrowings (Current) | ₹645.25 Cr | ₹514.08 Cr | ₹224.81 Cr | ₹257.38 Cr |
| Total Debt (computed) | ₹645.25 Cr | ₹1,431.74 Cr | ₹872.77 Cr | ₹265.09 Cr |
| Current Liabilities | ₹4,644 Cr | ₹3,590.59 Cr | ₹2,430.61 Cr | ₹1,790.65 Cr |
| Total Liabilities | ₹4,667.85 Cr | ₹4,524.49 Cr | ₹3,090.06 Cr | ₹1,804.8 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹544.93 Cr | -₹542.09 Cr | -₹661.37 Cr | -₹148.37 Cr | -₹52 Cr |
| Investing Cash Flow | -₹144.88 Cr | ₹272.7 Cr | ₹214.3 Cr | ₹27.83 Cr | ₹123.23 Cr |
| Financing Cash Flow | ₹531.3 Cr | ₹416.18 Cr | ₹488.66 Cr | -₹28.41 Cr | ₹12.16 Cr |
| Capital Expenditure | ₹18.14 Cr | ₹14.54 Cr | ₹16.05 Cr | ₹14.08 Cr | ₹13.31 Cr |
| Free Cash Flow (computed) | -₹563.07 Cr | -₹556.63 Cr | -₹677.42 Cr | -₹162.45 Cr | -₹65.31 Cr |
| Dividends Paid | ₹59.73 Cr | ₹41.15 Cr | ₹35.7 Cr | ₹31.1 Cr | ₹38 Lakh |
| Net Change in Cash | -₹158.51 Cr | ₹146.79 Cr | ₹41.59 Cr | -₹148.95 Cr | ₹83.39 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹669.62 Cr | ₹459.16 Cr | ₹17.56 Cr | ₹31.97 Cr | ₹9.24 Cr | ₹167.28 Cr | ₹7.61 Cr | ₹188.14 Cr | ₹14.29 Cr | ₹81.99 Cr | ₹17.77 Cr | ₹98.04 Cr |
| Other Income | ₹53.59 Cr | ₹9.92 Cr | ₹15.5 Cr | ₹8.64 Cr | ₹46.2 Cr | ₹18.49 Cr | ₹8.35 Cr | ₹18.56 Cr | ₹40.31 Cr | ₹6.78 Cr | ₹7.93 Cr | ₹12.01 Cr |
| Total Income | ₹723.21 Cr | ₹469.08 Cr | ₹33.06 Cr | ₹40.61 Cr | ₹55.44 Cr | ₹185.77 Cr | ₹15.96 Cr | ₹206.7 Cr | ₹54.6 Cr | ₹88.77 Cr | ₹25.7 Cr | ₹110.05 Cr |
| Cost of Materials Consumed | ₹672.76 Cr | ₹840.89 Cr | ₹275.34 Cr | ₹405.83 Cr | ₹593.92 Cr | ₹404.2 Cr | ₹249.5 Cr | ₹117.42 Cr | ₹827.52 Cr | ₹348.1 Cr | ₹147.44 Cr | ₹140.49 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹67.03 Cr | -₹482.36 Cr | -₹260.49 Cr | -₹378.04 Cr | -₹595.27 Cr | -₹274.65 Cr | -₹247.01 Cr | ₹51.49 Cr | -₹814.61 Cr | -₹276.3 Cr | -₹137.88 Cr | -₹44.9 Cr |
| Employee Benefit Expense | ₹36.97 Cr | ₹32 Cr | ₹30.27 Cr | ₹28.02 Cr | ₹26.24 Cr | ₹28.01 Cr | ₹29.44 Cr | ₹27.94 Cr | ₹18.17 Cr | ₹23.69 Cr | ₹20.82 Cr | ₹21.39 Cr |
| Finance Costs | ₹3.34 Cr | ₹1.77 Cr | ₹1.85 Cr | ₹3.95 Cr | ₹2.12 Cr | ₹4.23 Cr | ₹7.01 Cr | ₹6.02 Cr | ₹2.61 Cr | ₹33 Lakh | ₹24 Lakh | ₹4.21 Cr |
| Depreciation & Amortisation | ₹5.6 Cr | ₹5.67 Cr | ₹6.51 Cr | ₹6.09 Cr | ₹5.5 Cr | ₹3.97 Cr | ₹4 Cr | ₹4.34 Cr | ₹3.82 Cr | ₹3.82 Cr | ₹3.11 Cr | ₹2.98 Cr |
| Other Expenses | ₹70.81 Cr | ₹38.84 Cr | ₹24.91 Cr | ₹31.18 Cr | ₹39.53 Cr | ₹35.12 Cr | ₹23.39 Cr | ₹32.87 Cr | ₹37.31 Cr | ₹25.48 Cr | ₹22.3 Cr | ₹24.17 Cr |
| Total Expenses | ₹722.45 Cr | ₹436.81 Cr | ₹78.39 Cr | ₹97.03 Cr | ₹72.04 Cr | ₹200.88 Cr | ₹66.33 Cr | ₹240.08 Cr | ₹74.82 Cr | ₹125.12 Cr | ₹56.03 Cr | ₹148.34 Cr |
| Profit Before Exceptional Items & Tax | ₹76 Lakh | ₹32.27 Cr | -₹45.33 Cr | -₹56.42 Cr | -₹16.6 Cr | -₹15.11 Cr | -₹50.37 Cr | -₹33.38 Cr | -₹20.22 Cr | -₹36.35 Cr | -₹30.33 Cr | -₹38.29 Cr |
| Exceptional Items | ₹0 | ₹25.83 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹76 Lakh | ₹58.1 Cr | -₹45.33 Cr | -₹56.42 Cr | -₹16.6 Cr | -₹15.11 Cr | -₹50.37 Cr | -₹33.38 Cr | -₹20.22 Cr | -₹36.35 Cr | -₹30.33 Cr | -₹38.29 Cr |
| Total Tax Expense | -₹5.88 Cr | ₹20.56 Cr | ₹2.83 Cr | -₹9.66 Cr | ₹1.47 Cr | ₹17.32 Cr | ₹2 Lakh | -₹9.66 Cr | -₹12.9 Cr | -₹10.93 Cr | -₹10.83 Cr | -₹9.35 Cr |
| Net Profit | ₹90.12 Cr | ₹108.88 Cr | ₹47.91 Cr | ₹51.26 Cr | ₹85.09 Cr | -₹22.47 Cr | -₹14.01 Cr | ₹12.74 Cr | ₹71.48 Cr | ₹50.02 Cr | -₹18.93 Cr | -₹4.27 Cr |
| attributable to Owners | ₹89.32 Cr | ₹108.88 Cr | ₹47.9 Cr | ₹51.24 Cr | ₹85.08 Cr | -₹22.49 Cr | -₹14.02 Cr | ₹12.72 Cr | ₹71.5 Cr | ₹49.98 Cr | -₹18.95 Cr | -₹4.29 Cr |
| attributable to NCI | ₹1 Lakh | ₹0 | ₹1 Lakh | ₹2 Lakh | ₹1 Lakh | ₹2 Lakh | ₹1 Lakh | ₹2 Lakh | -₹2 Lakh | ₹4 Lakh | ₹2 Lakh | ₹2 Lakh |
| Other Comprehensive Income | -₹79 Lakh | ₹0 | ₹0 | ₹0 | -₹41 Lakh | ₹0 | ₹0 | ₹0 | -₹35 Lakh | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹89.33 Cr | ₹108.88 Cr | ₹47.91 Cr | ₹51.26 Cr | ₹84.68 Cr | -₹22.47 Cr | -₹14.01 Cr | ₹12.74 Cr | ₹71.13 Cr | ₹50.02 Cr | -₹18.93 Cr | -₹4.27 Cr |
| EBITDA (computed) | ₹9.7 Cr | ₹39.71 Cr | -₹36.97 Cr | -₹46.38 Cr | -₹8.98 Cr | -₹6.91 Cr | -₹39.36 Cr | -₹23.02 Cr | -₹13.79 Cr | -₹32.2 Cr | -₹26.98 Cr | -₹31.1 Cr |
| Basic EPS | ₹4.42 | ₹5.43 | ₹2.47 | ₹2.93 | ₹5.49 | ₹-1.45 | ₹-0.90 | ₹0.82 | ₹4.62 | ₹3.23 | ₹-1.22 | ₹-0.28 |
| Diluted EPS | ₹4.41 | ₹5.42 | ₹2.46 | ₹2.93 | ₹5.48 | ₹-1.45 | ₹-0.90 | ₹0.82 | ₹4.61 | ₹3.22 | ₹-1.22 | ₹-0.28 |
| Segment · Q3 FY25 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Operating of commercial complexes | ₹1.12 Cr | ₹8.93 Cr | ₹12.68 Cr | ₹1.61 Cr |
| Projects, project management and development | ₹166.16 Cr | ₹28.39 Cr | ₹5,288.26 Cr | ₹3,905.61 Cr |
| Segment · FY 2024 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Operating of commercial complexes | ₹4.44 Cr | ₹25.6 Cr | - | - |
| Projects, project management and development | ₹207.65 Cr | ₹151.77 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹860.32 Cr | ₹349.32 Cr | ₹18.69 Cr | ₹471.91 Cr | ₹252.81 Cr | ₹89.64 Cr | ₹439.88 Cr |
| Other Income | ₹317.34 Cr | ₹283.27 Cr | ₹104.74 Cr | ₹156.21 Cr | ₹53.69 Cr | ₹46.75 Cr | ₹80.81 Cr |
| Total Income | ₹1,177.66 Cr | ₹632.59 Cr | ₹123.43 Cr | ₹628.12 Cr | ₹306.5 Cr | ₹136.39 Cr | ₹520.69 Cr |
| Cost of Materials Consumed | ₹957 Cr | ₹894.43 Cr | ₹1,385.57 Cr | ₹415.24 Cr | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹182.53 Cr | -₹595.4 Cr | -₹1,360.78 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹118.7 Cr | ₹103.5 Cr | ₹75.92 Cr | ₹69.22 Cr | ₹72.55 Cr | ₹65.31 Cr | ₹71.62 Cr |
| Finance Costs | ₹20.98 Cr | ₹27.84 Cr | ₹7.02 Cr | ₹8.51 Cr | ₹4.74 Cr | ₹3.67 Cr | ₹1.84 Cr |
| Depreciation & Amortisation | ₹23.64 Cr | ₹17.59 Cr | ₹12.54 Cr | ₹9.66 Cr | ₹6.18 Cr | ₹6.65 Cr | ₹7.26 Cr |
| Other Expenses | ₹148.26 Cr | ₹123.16 Cr | ₹96.18 Cr | ₹99.3 Cr | ₹304.65 Cr | ₹130.43 Cr | ₹432.49 Cr |
| Total Expenses | ₹1,086.05 Cr | ₹571.12 Cr | ₹216.45 Cr | ₹601.93 Cr | ₹388.12 Cr | ₹206.06 Cr | ₹513.21 Cr |
| Profit Before Exceptional Items & Tax | ₹91.61 Cr | ₹61.47 Cr | -₹93.02 Cr | ₹26.19 Cr | -₹81.62 Cr | -₹69.67 Cr | ₹7.48 Cr |
| Exceptional Items | -₹3.6 Cr | ₹0 | ₹22.91 Cr | ₹124.37 Cr | ₹104.12 Cr | ₹0 | -₹237.31 Cr |
| Profit Before Tax | ₹88.01 Cr | ₹61.47 Cr | -₹70.11 Cr | ₹150.56 Cr | ₹22.5 Cr | -₹69.67 Cr | -₹229.83 Cr |
| Total Tax Expense | ₹15.91 Cr | ₹10.12 Cr | -₹31.29 Cr | -₹69 Lakh | -₹20.39 Cr | -₹17.42 Cr | -₹3.82 Cr |
| Net Profit | ₹72.1 Cr | ₹51.35 Cr | -₹38.82 Cr | ₹151.25 Cr | ₹42.89 Cr | -₹52.25 Cr | -₹226.01 Cr |
| Other Comprehensive Income | -₹76 Lakh | -₹43 Lakh | -₹28 Lakh | ₹1 Lakh | ₹31 Lakh | -₹15 Lakh | ₹86 Lakh |
| Total Comprehensive Income | ₹71.34 Cr | ₹50.92 Cr | -₹39.1 Cr | ₹151.26 Cr | ₹43.2 Cr | -₹52.4 Cr | -₹225.15 Cr |
| EBITDA (computed) | ₹136.23 Cr | ₹106.9 Cr | -₹73.46 Cr | ₹44.36 Cr | -₹70.7 Cr | -₹59.35 Cr | ₹16.58 Cr |
| Basic EPS | ₹3.54 | ₹3.31 | ₹-2.51 | ₹9.78 | ₹2.78 | ₹-10.17 | ₹-44.01 |
| Diluted EPS | ₹3.53 | ₹3.31 | ₹-2.51 | ₹9.77 | ₹2.77 | ₹-10.17 | ₹-43.90 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹6,921.2 Cr | ₹5,826.68 Cr | ₹4,468.99 Cr | ₹3,155.81 Cr |
| Non-current Assets | ₹2,312.18 Cr | ₹1,375.98 Cr | ₹776.29 Cr | ₹736.52 Cr |
| Current Assets | ₹4,609.02 Cr | ₹4,450.7 Cr | ₹3,667.23 Cr | ₹2,419.29 Cr |
| Property, Plant & Equipment | ₹25.66 Cr | ₹24.72 Cr | ₹23.03 Cr | ₹12.02 Cr |
| Inventories | ₹3,500.08 Cr | ₹3,794.93 Cr | ₹3,177.8 Cr | ₹1,815.34 Cr |
| Trade Receivables | ₹184.3 Cr | ₹126.26 Cr | ₹68.65 Cr | ₹97.8 Cr |
| Cash & Equivalents | ₹36.55 Cr | ₹233.72 Cr | ₹84.86 Cr | ₹41.8 Cr |
| Equity (Net Worth) | ₹3,060.9 Cr | ₹1,556.13 Cr | ₹1,542.77 Cr | ₹1,612.76 Cr |
| Equity Share Capital | ₹213.34 Cr | ₹155.09 Cr | ₹155.01 Cr | ₹154.67 Cr |
| Borrowings (Non-current) | ₹0 | ₹917.66 Cr | ₹647.96 Cr | ₹0 |
| Borrowings (Current) | ₹625 Cr | ₹513.83 Cr | ₹219.76 Cr | ₹237.63 Cr |
| Total Debt (computed) | ₹625 Cr | ₹1,431.49 Cr | ₹867.72 Cr | ₹237.63 Cr |
| Current Liabilities | ₹3,839.44 Cr | ₹3,339.25 Cr | ₹2,269.44 Cr | ₹1,539.19 Cr |
| Total Liabilities | ₹3,860.3 Cr | ₹4,270.55 Cr | ₹2,926.22 Cr | ₹1,543.05 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹257.21 Cr | -₹96.88 Cr | -₹706.27 Cr | -₹180.87 Cr | -₹71.14 Cr |
| Investing Cash Flow | -₹482.39 Cr | -₹175.44 Cr | ₹209.24 Cr | ₹19.77 Cr | ₹111.63 Cr |
| Financing Cash Flow | ₹542.43 Cr | ₹421.18 Cr | ₹540.09 Cr | ₹22.8 Cr | ₹42.27 Cr |
| Capital Expenditure | ₹10.52 Cr | ₹14.51 Cr | ₹15.9 Cr | ₹8.67 Cr | ₹11.9 Cr |
| Free Cash Flow (computed) | -₹267.73 Cr | -₹111.39 Cr | -₹722.17 Cr | -₹189.54 Cr | -₹83.04 Cr |
| Dividends Paid | ₹59.63 Cr | ₹41.05 Cr | ₹35.7 Cr | ₹30.98 Cr | ₹38 Lakh |
| Net Change in Cash | -₹197.17 Cr | ₹148.86 Cr | ₹43.06 Cr | -₹138.3 Cr | ₹82.76 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹550.36 Cr | ₹272.46 Cr | ₹11.97 Cr | ₹25.53 Cr | ₹3.69 Cr | ₹161.7 Cr | ₹2.06 Cr | ₹181.87 Cr | ₹2.55 Cr | ₹2.06 Cr | ₹7.43 Cr | ₹6.65 Cr |
| Other Income | ₹110.78 Cr | ₹128.47 Cr | ₹45.1 Cr | ₹32.99 Cr | ₹100.62 Cr | ₹101.58 Cr | ₹61.41 Cr | ₹19.66 Cr | ₹41.5 Cr | ₹8.09 Cr | ₹42.35 Cr | ₹12.8 Cr |
| Total Income | ₹661.14 Cr | ₹400.93 Cr | ₹57.07 Cr | ₹58.52 Cr | ₹104.31 Cr | ₹263.28 Cr | ₹63.47 Cr | ₹201.53 Cr | ₹44.05 Cr | ₹10.15 Cr | ₹49.78 Cr | ₹19.45 Cr |
| Cost of Materials Consumed | ₹322.7 Cr | ₹252.93 Cr | ₹212.03 Cr | ₹169.34 Cr | ₹269.44 Cr | ₹305.83 Cr | ₹210.4 Cr | ₹108.76 Cr | ₹803.66 Cr | ₹324.22 Cr | ₹129.79 Cr | ₹127.9 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹198.45 Cr | -₹41.78 Cr | -₹197.18 Cr | -₹142.02 Cr | -₹270.78 Cr | -₹176.27 Cr | -₹207.92 Cr | ₹59.57 Cr | -₹797.58 Cr | -₹323.94 Cr | -₹123.86 Cr | -₹115.4 Cr |
| Employee Benefit Expense | ₹34.73 Cr | ₹29.85 Cr | ₹28.18 Cr | ₹25.94 Cr | ₹24.24 Cr | ₹25.96 Cr | ₹27.41 Cr | ₹25.89 Cr | ₹15.96 Cr | ₹21.67 Cr | ₹18.77 Cr | ₹19.52 Cr |
| Finance Costs | ₹2.72 Cr | ₹1.5 Cr | ₹3.84 Cr | ₹12.92 Cr | ₹10.58 Cr | ₹4.23 Cr | ₹7.01 Cr | ₹6.02 Cr | ₹2.62 Cr | ₹31 Lakh | ₹24 Lakh | ₹3.85 Cr |
| Depreciation & Amortisation | ₹5.53 Cr | ₹5.61 Cr | ₹6.46 Cr | ₹6.04 Cr | ₹5.45 Cr | ₹3.91 Cr | ₹3.94 Cr | ₹4.29 Cr | ₹3.77 Cr | ₹3.75 Cr | ₹2.71 Cr | ₹2.31 Cr |
| Other Expenses | ₹65.06 Cr | ₹31.27 Cr | ₹22.71 Cr | ₹29.22 Cr | ₹35.96 Cr | ₹33.4 Cr | ₹23.34 Cr | ₹30.46 Cr | ₹34.19 Cr | ₹22.67 Cr | ₹20.08 Cr | ₹19.24 Cr |
| Total Expenses | ₹629.19 Cr | ₹279.38 Cr | ₹76.04 Cr | ₹101.44 Cr | ₹74.89 Cr | ₹197.06 Cr | ₹64.18 Cr | ₹234.99 Cr | ₹62.62 Cr | ₹48.68 Cr | ₹47.73 Cr | ₹57.42 Cr |
| Profit Before Exceptional Items & Tax | ₹31.95 Cr | ₹121.55 Cr | -₹18.97 Cr | -₹42.92 Cr | ₹29.42 Cr | ₹66.22 Cr | -₹71 Lakh | -₹33.46 Cr | -₹18.57 Cr | -₹38.53 Cr | ₹2.05 Cr | -₹37.97 Cr |
| Exceptional Items | ₹0 | -₹3.6 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹22.91 Cr |
| Profit Before Tax | ₹31.95 Cr | ₹117.95 Cr | -₹18.97 Cr | -₹42.92 Cr | ₹29.42 Cr | ₹66.22 Cr | -₹71 Lakh | -₹33.46 Cr | -₹18.57 Cr | -₹38.53 Cr | ₹2.05 Cr | -₹15.06 Cr |
| Total Tax Expense | ₹2.39 Cr | ₹17.08 Cr | ₹5.54 Cr | -₹9.1 Cr | ₹1.46 Cr | ₹18.49 Cr | -₹12 Lakh | -₹9.71 Cr | -₹12.55 Cr | -₹9.7 Cr | ₹53 Lakh | -₹9.57 Cr |
| Net Profit | ₹29.56 Cr | ₹100.87 Cr | -₹24.51 Cr | -₹33.82 Cr | ₹27.96 Cr | ₹47.73 Cr | -₹59 Lakh | -₹23.75 Cr | -₹6.02 Cr | -₹28.83 Cr | ₹1.52 Cr | -₹5.49 Cr |
| Other Comprehensive Income | -₹76 Lakh | ₹0 | ₹0 | ₹0 | -₹43 Lakh | ₹0 | ₹0 | ₹0 | -₹28 Lakh | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹28.8 Cr | ₹100.87 Cr | -₹24.51 Cr | -₹33.82 Cr | ₹27.53 Cr | ₹47.73 Cr | -₹59 Lakh | -₹23.75 Cr | -₹6.3 Cr | -₹28.83 Cr | ₹1.52 Cr | -₹5.49 Cr |
| EBITDA (computed) | ₹40.2 Cr | ₹128.66 Cr | -₹8.67 Cr | -₹23.96 Cr | ₹45.45 Cr | ₹74.36 Cr | ₹10.24 Cr | -₹23.15 Cr | -₹12.18 Cr | -₹34.47 Cr | ₹5 Cr | -₹31.81 Cr |
| Basic EPS | ₹1.45 | ₹5.03 | ₹-1.26 | ₹-1.94 | ₹1.80 | ₹3.08 | ₹-0.04 | ₹-1.53 | ₹-0.39 | ₹-1.86 | ₹0.10 | ₹-0.35 |
| Diluted EPS | ₹1.45 | ₹5.02 | ₹-1.26 | ₹-1.94 | ₹1.80 | ₹3.08 | ₹-0.04 | ₹-1.53 | ₹-0.39 | ₹-1.86 | ₹0.10 | ₹-0.35 |
| Segment · Q3 FY25 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Operating of commercial complexes | ₹1.12 Cr | ₹8.93 Cr | ₹12.68 Cr | ₹1.61 Cr |
| Projects, project management and development | ₹160.58 Cr | ₹22.07 Cr | ₹4,815.11 Cr | ₹3,695.55 Cr |
| Segment · FY 2024 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Operating of commercial complexes | ₹4.44 Cr | ₹25.6 Cr | - | - |
| Projects, project management and development | ₹14.25 Cr | -₹29.2 Cr | - | - |
Shareholding Pattern of Mahindra Lifespace Developers Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 52.41%, foreign institutional investors hold 7.65%, domestic institutional investors hold 22.86%, retail and other public shareholders hold 17.09% of Mahindra Lifespace Developers Limited. The company had 117,689 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 52.41% | 52.41% | 52.42% | 52.43% | 51.14% | 51.15% |
| Public | 47.59% | 47.59% | 47.58% | 47.57% | 48.86% | 48.85% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 52.41% | 51.14% | 51.17% | 51.28% | 51.33% | 51.46% | 51.52% | 51.53% | 51.56% | 50.83% | 50.86% |
| Public | 47.59% | 48.86% | 48.83% | 48.72% | 48.67% | 48.54% | 48.48% | 48.47% | 48.44% | 49.17% | 49.14% |
| Promoter change (YoY, %pts) | +1.27 | -0.03 | -0.11 | -0.05 | -0.13 | -0.06 | -0.01 | -0.03 | +0.73 | -0.03 | - |
Board & Governance of Mahindra Lifespace Developers Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Mahindra Lifespace Developers Limited has 8 directors - 3 independent and 1 executive. The board is chaired by Ameet Hariani.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Ameet Hariani | Non-Executive - Independent Director · Chairperson | 2017-09-04 | 5 |
| Amrita Verma Chowdhury | Non-Executive - Independent Director | 2019-08-13 | 4 |
| Anuj Puri | Non-Executive - Independent Director | 2022-11-03 | 2 |
| Anish Shah | Non-Executive - Non Independent Director | 2015-08-28 | 6 |
| Asha Kharga | Non-Executive - Non Independent Director | 2022-05-13 | 0 |
| Rucha Nanavati | Non-Executive - Non Independent Director | 2022-07-28 | 1 |
| Amit Kumar Sinha | Executive Director · CEO-MD | 2023-05-23 | 1 |
| Milind Kulkarni | Non-Executive - Non Independent Director | 2024-07-29 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Ameet Hariani (Chairperson), Amrita Verma Chowdhury, Anuj Puri, Milind Kulkarni |
| Nomination and remuneration committee | Amrita Verma Chowdhury (Chairperson), Ameet Hariani, Anish Shah |
| Stakeholders Relationship Committee | Ameet Hariani (Chairperson), Amit Kumar Sinha, Asha Kharga, Rucha Nanavati |
| Risk Management Committee | Amrita Verma Chowdhury (Chairperson), Rucha Nanavati, Amit Kumar Sinha, Milind Kulkarni, Sriram Kumar |
| Corporate Social Responsibility Committee | Amrita Verma Chowdhury (Chairperson), Amit Kumar Sinha, Asha Kharga, Rucha Nanavati |
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 Count & EPFO Data of Mahindra Lifespace Developers Limited
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GST Compliance of Mahindra Lifespace Developers Limited
GSTIN & GST Filing Data of Mahindra Lifespace Developers Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mahindra Lifespace Developers Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Mahindra Lifespace Developers Limited
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MSME Payment Delays by Mahindra Lifespace Developers Limited
MSME Payment Delays by Mahindra Lifespace Developers Limited
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Subsidiaries & Group Companies of Mahindra Lifespace Developers Limited
Subsidiaries & Group Companies of Mahindra Lifespace Developers Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Mahindra Lifespace Developers Limited with ownership details.
MCA Filings & Documents of Mahindra Lifespace Developers Limited
MCA Filings & Documents of 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 ₹463.87 Cr for FY 2025 (up 66.00% YoY).
The current directors of Mahindra Lifespace Developers Limited are:
- Amit Kumar Sinha
- Sriram Kumar
- Avinash Ashok Bapat
- Rucha Nanavati
- Asha Parthasarathi Kharga
- Amrita Verma Chowdhury
- Bijal Bharat Parmar
- Anuj Puri
- Anish Dilip Shah
- Ameet Pratapsinh Hariani
- Milind Vasant Kulkarni
- Snehal Ravindra Patil
- Sriram Kumar
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.