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.

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