Scrip Watch

Mahindra Lifespace Developers Ltd.

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

Mahindra Lifespace Developers Ltd.

Mahindra Lifespace Developers Ltd.
Realty
FV – Rs 10; 52wks H/L – 669/351.9; TTQ – 1626 Lacs; CMP – Rs 409 (As On June 18th, 2019);
Market Cap – Rs 2100 Crs

 

Consolidated Financials and Valuations (Amt in Rs Crs unless specified)

Company Equity Capital Net Worth Long Term Debt Total Sales PAT BV(Rs) EPS (Rs) P/E P/BV Industry P/E Promoter’s Holdings
2019 51 1930 33 654 119 376 23.1 17.7 1.1 23.3 51.53
2018 51 2059 58 566 103 401 20.1 20.3 1.0 23.3 51.56

 

Consolidated Financial Trends (Rs. Cr):

Particulars FY19 FY18 FY17 FY16
Equity Paid Up 51 51 41 41
Networth 1930 2059 1700 1630
Total Debt 203 234 477 659
Net Sales 593 566 762 593
Other Income 61 78 69 94
PAT 119 103 106 95
Book Value (Rs) 376 401 414 397
EPS (Rs) 23.1 20.1 26 23

 

Management:

Mr. Arun Nanda : Chairman

Ms. Anita Arjundas : Managing Director & Chief Executive Officer

Mr. Suhas Kulkarn : Company Secretary

 

 Major Non Promoter Holdings:

Company No. of Shares % of Shares
ICICI Prudential Life Insurance Company Limited 2,633,709 5.13
Caisse De Depot Et Placement Du Quebec-First Stateinvestments International Limited 1,160,857 2.26

 

Overview:

  • Established in 1994, Mahindra Lifespace Developers Ltd. is the real estate and infrastructure development business of the USD 20.7 billion 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 ‘Happinest’ brands.
  • Mahindra Lifespaces delivers innovative customer-focused solutions that are rooted in a legacy of trust and transparency.

Excerpts from Gaurav’s Blog

Mumbai Equity Workshop ~ Saturday April 30 2022 ~ Almost Full ~ Top 10 Winning Moves

Losers Focus on Winners – Winners Focus on Winning   Workshop Conceptualised & Conducted by GAURAV A PARIKH Stock Markets ~ Minting Millions ~ TOP 10 Winning Moves Grabbing Short Term Too While Compounding Long Term Post Pandemic lock-down, this is the First Fundamental Direct Equity ‘Value Vs Price’ Workshop in over Two and a Half Years by Gaurav Parikh and Jeena … Mumbai Equity Workshop ~ Saturday April 30 2022 ~ Almost Full ~ Top 10 Winning Moves Read More » The post Mumbai Equity Workshop ~ Saturday April 30 2022 ~ Almost Full ~ Top 10 Winning Moves first appeared on Gaurav's Blog. [...]

RIP S T Gerela ex GM BSE ~ gave me the best compliment till date

  Rest in Peace now Gerela Saab  ! Mr S T Gerela ex GM of BSE passed away peacefully this morning We had not met in years but he always remained at the top of my mind when it came to testimonials for this is what he had said to me over a decade ago,when … RIP S T Gerela ex GM BSE ~ gave me the best compliment till date Read More » The post RIP S T Gerela ex GM BSE ~ gave me the best compliment till date first appeared on Gaurav's Blog. [...]

Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal !

Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! Promoter Group of  Vedanta Ltd has proposed a voluntary de-listing at an indicative offer price of Rs 87.50~are the over 7.3 lakh minority shareholders from Alibag !? …apologies to the people of Alibag Some would term this as De-listing Duplicity ~ but I would … Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! Read More » The post Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! first appeared on Gaurav's Blog. [...]

Riskless Reliance Industries Rights Investment Strategy

This is a Riskless Reliance Industries Rights Investment Strategy for those over 2.3 Million Shareholders already holding RIL shares. It is not a recommendation to buy RIL cum rights  It’s a no brainer yet I’m just penning a brief note because some have told me they hold Reliance but are skipping the Rights ! Don’t … Riskless Reliance Industries Rights Investment Strategy Read More » The post Riskless Reliance Industries Rights Investment Strategy first appeared on Gaurav's Blog. [...]

Covid-19 Crisis-Your Well Being is more important than Stock Market Well Being

 Wealth is negotiable, Health is not Your Personal Well Being is more important that the Stock Market Well Being ~ Always & more so in this unfathomable ongoing Covid-19 Reality Above’s a three minute reach out by me last night to all connected with me to reinforce this .It’s also posted on Facebook , … Covid-19 Crisis-Your Well Being is more important than Stock Market Well Being Read More » The post Covid-19 Crisis-Your Well Being is more important than Stock Market Well Being first appeared on Gaurav's Blog. [...]