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Last Updated on: 23 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Mahindra Lifespace Developers Ltd

About the Company - Mahindra Lifespace Developers Ltd

Mahindra Lifespace Developers Ltd. is a Public Limited Listed company incorporated on 16/03/1999 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L45200MH1999PLC118949 and registration number is 118949. Currently Company is involved in the business activities of Construction of buildings. Company’s Total Operating Revenue is Rs. 252.81 Cr. and Equity Capital is Rs. 154.52 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Realty5th Floor, Mumbai Maharashtra 400018investor.mldl@mahindra.com
http://www.mahindralifespaces.com
Management
NamePosition Held
Mr. Ameet HarianiChairman
Mr. Amit Kumar SinhaManaging Director & CEO
Mr. Anuj PuriDirector
Ms. Amrita ChowdhuryDirector
Dr. Anish ShahDirector
Ms. Asha KhargaDirector
Ms. Rucha NanavatiDirector

Basic Stock Data of Mahindra Lifespace Developers Ltd

Last Updated: June 22, 2024, 10:36 pm

Market Cap 9,634 Cr.
Current Price 621
High / Low679/449
Stock P/E98.1
Book Value 121
Dividend Yield0.43 %
ROCE2.56 %
ROE5.34 %
Face Value 10.0
PEG Ratio1.35

Mahindra Lifespace Developers Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales316556148592416295701872559818
Expenses498493172506319712710919828314153
Operating Profit-18-18-37-249-39-36-32-39-11-27-43-35
OPM %-58%-28%-66%-16%15%-159%-22%-34%-56%-6%-11%-44%-196%
Other Income1016771859117119315138378
Interest2321222223340
Depreciation2222112233333
Profit before tax-12-8-34-1924177883-14334-14-30
Tax %-15%-25%17%28%45%-47%-77%9%47%-4%86%69%36%
Net Profit-13-10-28-14132513876-8341-4-19
EPS in Rs-0.87-0.73-1.77-0.900.421.628.854.88-0.502.150.03-0.28-1.22

Mahindra Lifespace Developers Ltd Quarterly Chart

Mahindra Lifespace Developers Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales7017387051,086593762566593611166394607453
Expenses510425535662508712509567692260481717598
Operating Profit19131317142486505726-81-94-88-110-144
OPM %27%42%24%39%14%7%10%4%-13%-56%-22%-18%-32%
Other Income2734516192113123134-10034200239165
Interest211025051362041128117118
Depreciation99101345448771213
Profit before tax188236161421138139135143-196-7899106-0
Tax %32%34%32%33%31%24%23%17%1%8%-63%3%
Net Profit12915611028395106103119-195-7116210327
EPS in Rs7.789.236.5717.315.966.646.567.77-12.55-4.6610.006.561.76
Dividend Payout %21%17%24%18%27%24%30%26%0%0%20%35%

Mahindra Lifespace Developers Ltd Profit & Loss Yearly Chart

Mahindra Lifespace Developers Ltd Growth

Compounded Sales Growth
10 Years:-11%
5 Years:-19%
3 Years:8%
TTM:-65%
Compounded Profit Growth
10 Years:0%
5 Years:-4%
3 Years:50%
TTM:207%
Stock Price CAGR
10 Years:14%
5 Years:36%
3 Years:46%
1 Year:33%
Return on Equity
10 Years:4%
5 Years:1%
3 Years:4%
Last Year:5%

Last Updated: June 15, 2024, 5:22 pm

Mahindra Lifespace Developers Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital41414141414151515151155155155
Reserves1,1141,2521,2211,4341,5891,6592,0081,8781,6501,5801,6341,6511,595
Borrowings6679661,4011,238784652459228237245286268297
Other Liabilities4495997648965965354818366036979631,5371,720
Total Liabilities2,2712,8583,4273,6093,0102,8862,9982,9942,5422,5733,0373,6113,767
Fixed Assets22430432335477100959598911033759
CWIP87158189101215359
Investments175133301222816742926688548558622905873
Other Assets1,8642,4142,7873,0262,1162,0361,9672,2011,8831,9092,3082,6642,825
Total Assets2,2712,8583,4273,6093,0102,8862,9982,9942,5422,5733,0373,6113,767

Mahindra Lifespace Developers Ltd Reserves and Borrowings Chart

Mahindra Lifespace Developers Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -52-158-256300-17470194168-63-68-52-148
Cash from Investing Activity -57-27-19542106141-1802888811012326
Cash from Financing Activity 14176386-336139-255-40-370-67-2012-27
Net Cash Flow-96-10-65672-44-2585-422383-149

Mahindra Lifespace Developers Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days45561639369485681248578184
Inventory Days
Days Payable
Cash Conversion Cycle45561639369485681248578184
Working Capital Days7981,0537228256107436526582,2869315502,751
ROCE %15%8%17%7%7%7%6%-3%-3%1%2%

Mahindra Lifespace Developers Ltd Financial Efficiency Indicators Chart

Mahindra Lifespace Developers Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters51.46%51.46%51.45%51.45%51.34%51.33%51.33%51.31%51.30%51.28%51.20%51.19%
FIIs12.41%13.50%12.59%11.60%10.61%9.77%10.60%11.42%11.07%11.30%11.45%11.87%
DIIs14.48%14.21%16.02%16.02%17.38%18.81%18.92%18.34%18.96%19.44%19.86%20.18%
Public21.65%20.84%19.95%20.94%20.67%20.08%19.15%18.92%18.66%17.98%17.48%16.77%
No. of Shareholders55,64953,95154,84172,60670,85168,39668,92974,05373,01272,86574,13291,840

Mahindra Lifespace Developers Ltd Shareholding Pattern Chart

No. of Mahindra Lifespace Developers Ltd Shareholders

Mahindra Lifespace Developers Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Kotak Small Cap Fund - Regular Plan4,273,5191.72209.771,092,7472024-06-22291.08%
HSBC Small Cap Fund - Regular Plan4,242,2001.8208.231,092,7472024-06-22288.21%
ICICI Prudential ELSS Tax Saver Fund3,561,4711.58174.811,092,7472024-06-22225.92%
Nippon India Growth Fund3,065,4890.76161.931,092,7472024-06-22180.53%
ICICI Prudential Smallcap Fund2,249,8071.84110.431,092,7472024-06-22105.89%
Canara Robeco Small Cap Fund1,525,4500.9574.881,092,7472024-06-2239.6%
Kotak Balanced Advantage Fund1,496,8330.573.471,092,7472024-06-2236.98%
L&T Flexicap Fund - Regular Plan1,448,3002.0258.121,092,7472024-06-2232.54%
Kotak Multicap Fund1,092,7470.8453.641,092,7472024-06-220%
Kotak Equity Hybrid Fund - Regular Plan1,035,5741.250.831,092,7472024-06-22-5.23%

Mahindra Lifespace Developers Ltd ROCE Trend

Mahindra Lifespace Developers Ltd EPS Trend

Mahindra Lifespace Developers Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)6.346.5610.01-13.96-37.66
Diluted EPS (Rs.)6.336.569.96-13.96-37.57
Cash EPS (Rs.)-4.35-0.205.04-14.90-31.61
Book Value[Excl.RevalReserv]/Share (Rs.)120.83116.76118.93325.61339.40
Book Value[Incl.RevalReserv]/Share (Rs.)120.83116.76118.93325.61339.40
Revenue From Operations / Share (Rs.)13.6839.2225.4732.35118.95
PBDIT / Share (Rs.)-6.71-3.69-4.84-14.00-4.25
PBIT / Share (Rs.)-7.60-4.48-5.26-15.36-5.75
PBT / Share (Rs.)-8.08-0.800.58-17.49-33.44
Net Profit / Share (Rs.)-5.24-0.984.62-16.26-33.11
NP After MI And SOA / Share (Rs.)6.346.5610.00-13.96-37.66
PBDIT Margin (%)-49.06-9.42-19.00-43.27-3.57
PBIT Margin (%)-55.54-11.43-20.66-47.47-4.83
PBT Margin (%)-59.02-2.052.29-54.07-28.11
Net Profit Margin (%)-38.27-2.5218.15-50.26-27.83
NP After MI And SOA Margin (%)46.3116.7139.25-43.15-31.65
Return on Networth / Equity (%)5.245.618.63-4.39-11.36
Return on Capital Employeed (%)-4.65-3.81-4.26-4.49-1.62
Return On Assets (%)1.972.805.08-2.78-7.60
Long Term Debt / Equity (X)0.340.000.030.040.03
Total Debt / Equity (X)0.460.140.150.140.12
Asset Turnover Ratio (%)0.040.150.100.030.17
Current Ratio (X)1.611.521.892.252.50
Quick Ratio (X)0.210.340.610.600.83
Inventory Turnover Ratio (X)0.530.000.000.000.00
Dividend Payout Ratio (NP) (%)0.0030.470.000.00-16.03
Dividend Payout Ratio (CP) (%)0.0027.200.000.00-16.70
Earning Retention Ratio (%)0.0069.530.000.00116.03
Cash Earning Retention Ratio (%)0.0072.800.000.00116.70
Interest Coverage Ratio (X)-14.08-5.24-11.48-6.56-2.86
Interest Coverage Ratio (Post Tax) (X)-9.99-6.62-2.90-6.62-3.65
Enterprise Value (Cr.)9854.465640.656229.183076.681096.42
EV / Net Operating Revenue (X)46.469.3015.8318.511.79
EV / EBITDA (X)-94.69-98.69-83.27-42.77-50.22
MarketCap / Net Operating Revenue (X)42.858.9915.5617.601.60
Retention Ratios (%)0.0069.520.000.00116.03
Price / BV (X)4.853.023.421.790.57
Price / Net Operating Revenue (X)42.858.9915.5617.611.60
EarningsYield0.010.010.02-0.02-0.19

Mahindra Lifespace Developers Ltd Profitability Ratios (%)

Mahindra Lifespace Developers Ltd Liquidity Ratios

Mahindra Lifespace Developers Ltd Liquidity Ratios (%)

Mahindra Lifespace Developers Ltd Interest Coverage Ratios (%)

Mahindra Lifespace Developers Ltd Valuation Ratios

Fair Value

Fair Value: 636.59

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 2.51% compared to the current price 621

Intrinsic Value: 1,098.64

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 76.91% compared to the current price ₹621

Last 5 Year EPS CAGR: 72.58%

*Investments are subject to market risks

Strength and Weakness of Mahindra Lifespace Developers Ltd Stock

StrengthWeakness
  1. The company has higher reserves (1,558.85 cr) compared to borrowings (594.46 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (530.00 cr) and profit (114.77 cr) over the years.
  1. The stock has a low average ROCE of 5.33%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 541.17, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 75.83, which may not be favorable.

FAQ

What is the latest fair value of Mahindra Lifespace Developers Ltd?

The latest fair value of Mahindra Lifespace Developers Ltd is ₹636.59.

What is the Market Cap of Mahindra Lifespace Developers Ltd?

The Market Cap of Mahindra Lifespace Developers Ltd is 9,634 Cr..

What is the current Stock Price of Mahindra Lifespace Developers Ltd as on 23 June 2024?

The current stock price of Mahindra Lifespace Developers Ltd as on 23 June 2024 is ₹621.

What is the High / Low of Mahindra Lifespace Developers Ltd stocks in FY 2024?

In FY 2024, the High / Low of Mahindra Lifespace Developers Ltd stocks is 679/449.

What is the Stock P/E of Mahindra Lifespace Developers Ltd?

The Stock P/E of Mahindra Lifespace Developers Ltd is 98.1.

What is the Book Value of Mahindra Lifespace Developers Ltd?

The Book Value of Mahindra Lifespace Developers Ltd is 121.

What is the Dividend Yield of Mahindra Lifespace Developers Ltd?

The Dividend Yield of Mahindra Lifespace Developers Ltd is 0.43 %.

What is the ROCE of Mahindra Lifespace Developers Ltd?

The ROCE of Mahindra Lifespace Developers Ltd is 2.56 %.

What is the ROE of Mahindra Lifespace Developers Ltd?

The ROE of Mahindra Lifespace Developers Ltd is 5.34 %.

What is the Face Value of Mahindra Lifespace Developers Ltd?

The Face Value of Mahindra Lifespace Developers Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Mahindra Lifespace Developers Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE