Company Profile

MAHINDRA LIFESPACE DEVELOPERS LTD.

NSE : MAHLIFEBSE : 532313ISIN CODE : INE813A01018Industry : Construction - Real EstateHouse : Mahindra & Mahindra
BSE475.955.95 (+1.27 % )
PREV CLOSE (Rs.) 470.00
OPEN PRICE (Rs.) 473.50
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1186
TODAY'S LOW / HIGH (Rs.)465.85 478.20
52 WK LOW / HIGH (Rs.)171.2 577.3
NSE476.50 7 (+1.49 % )
PREV CLOSE(Rs.) 469.50
OPEN PRICE (Rs.) 474.50
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 476.50 (60 )
VOLUME 193125
TODAY'S LOW / HIGH(Rs.) 465.35 480.95
52 WK LOW / HIGH (Rs.)171.6 579.25

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STOCK SUMMARY
Trade Value (Rs. in Lacs) 5.61607
Dividend Yield(%)
TTM EPS (Rs.)
P/E Ratio
Book Value (Rs.)
Face Value (Rs.)
MCap (Rs. in Mn)
Price/Earning (TTM)
Price/Sales (TTM)
Price/Book (MRQ)
PAT Margin (%) -51.38
ROCE (%) -13.08
Incorporation Year : 1999

Management Info :

Arun Nanda - Chairman Arvind Subramanian - Managing Director

Registered Office :

Address : Mahindra Towers ,5th Floor,Worli,
Mumbai,
Maharashtra-400018

Phone : 022-33273000 / 39493300

Registrar's Details : K FIN Technologies Pvt Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B, Plot 31-32,Gachibowli,Financial District,Nanakramguda,Hyderabad
Listing : BSE, NSE, MCX
NEWS More
22Apr04-22-2021$Mahindra Lifespace Developers to strengthen presence in Pune Mahindra Lifespace Developer

Mahindra Lifespace Developers has finalised the terms to purchase approximately 3.2 acres of land in Pimpri, Pune, from Mahindra & Mahindra. The purchase is expected to be concluded in around six months, subject to the fulfillment of agreed conditions by both buyer and seller. 

The land parcel is strategically located in the residential area of Nehru Nagar. This new project will offer approximately 3.25 lakh sq. ft. of carpet area. When it is launched, this will be Mahindra Lifespaces' fourth residential project in the micro market. Its last project in that market, Mahindra Centralis, was sold out at launch in 2019.

Mahindra Lifespace Developers is the real estate and infrastructure development business of the $19 billion Mahindra Group, and a pioneer of sustainable urbanization in India.

Mahindra Lifespace Developers has finalised the terms to purcha..
22Apr04-22-2021$Mahindra Lifespace Developers gains on the BSE Mahindra Lifespace Developer

Mahindra Lifespace Developers is currently trading at Rs. 471.20, up by 1.20 points or 0.26% from its previous closing of Rs. 470.00 on the BSE.

The scrip opened at Rs. 473.50 and has touched a high and low of Rs. 477.75 and Rs. 470.70 respectively. So far 557 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 577.30 on 05-Apr-2021 and a 52 week low of Rs. 171.20 on 07-May-2020.

Last one week high and low of the scrip stood at Rs. 503.20 and Rs. 456.30 respectively. The current market cap of the company is Rs. 2433.25 crore.

The promoters holding in the company stood at 51.46%, while Institutions and Non-Institutions held 26.89% and 21.65% respectively.

Mahindra Lifespace Developers has finalised the terms to purchase approximately 3.2 acres of land in Pimpri, Pune, from Mahindra & Mahindra. The purchase is expected to be concluded in around six months, subject to the fulfillment of agreed conditions by both buyer and seller.

The land parcel is strategically located in the residential area of Nehru Nagar. This new project will offer approximately 3.25 lakh sq. ft. of carpet area. When it is launched, this will be Mahindra Lifespaces' fourth residential project in the micro market. Its last project in that market, Mahindra Centralis, was sold out at launch in 2019.

Mahindra Lifespace Developers is the real estate and infrastructure development business of the $19 billion Mahindra Group, and a pioneer of sustainable urbanization in India.

Mahindra Lifespace Developers is currently trading at Rs. 471.2..
26Mar03-26-2021$Mahindra Lifespace Developers acquires land in Mumbai Metropolitan Region Mahindra Lifespace Developer

Mahindra Lifespace Developers has acquired 10.3 acre land in Mumbai Metropolitan Region (MMR). The company will develop a new residential project in Kalyan. This new project will offer about 7 lakh sq ft of carpet area and is expected to be launched in FY 2022. This is the company’s second residential development in Kalyan.

The runaway success of company’s first residential project in Kalyan validates the growing demand for high quality, aspirational homes by trusted brands in this attractive suburb. Its latest land acquisition in Kalyan is aligned to its strategy of strengthening its presence in high-performing market.

Mahindra Lifespace Developers is the real estate and infrastructure development business of the $19 billion Mahindra Group, and a pioneer of sustainable urbanization in India.

Mahindra Lifespace Developers has acquired 10.3 acre land in Mu..
26Mar03-26-2021$Mahindra Lifespace Developers gains on acquiring land in Mumbai Metropolitan Region Mahindra Lifespace Developer

Mahindra Lifespace Developers is currently trading at Rs. 546.20, up by 4.50 points or 0.83% from its previous closing of Rs. 541.70 on the BSE.

The scrip opened at Rs. 548.00 and has touched a high and low of Rs. 548.75 and Rs. 544.00 respectively. So far 474 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 568.50 on 15-Mar-2021 and a 52 week low of Rs. 171.20 on 07-May-2020.

Last one week high and low of the scrip stood at Rs. 548.75 and Rs. 511.20 respectively. The current market cap of the company is Rs. 2783.43 crore.

The promoters holding in the company stood at 51.46%, while Institutions and Non-Institutions held 26.89% and 21.65% respectively.

Mahindra Lifespace Developers has acquired 10.3 acre land in Mumbai Metropolitan Region (MMR). The company will develop a new residential project in Kalyan. This new project will offer about 7 lakh sq ft of carpet area and is expected to be launched in FY 2022. This is the company’s second residential development in Kalyan.

The runaway success of company’s first residential project in Kalyan validates the growing demand for high quality, aspirational homes by trusted brands in this attractive suburb. Its latest land acquisition in Kalyan is aligned to its strategy of strengthening its presence in high-performing market.

Mahindra Lifespace Developers is the real estate and infrastructure development business of the $19 billion Mahindra Group, and a pioneer of sustainable urbanization in India.

Mahindra Lifespace Developers is currently trading at Rs. 546.2..
26Mar03-26-2021$Power Grid Corporation, Gayatri Highways and Godrej industries to see some action today Power Grid Corporation, Gaya

Power Grid Corporation, pursuant to its selection as the successful bidder under tariff based competitive bidding, has acquired Bikaner-II Bhiwadi Transco (BBTL) which would implement a power transmission project. The entity was acquired for aggregate value of about Rs 20.50 crore including 10,000 equity shares at par at Rs 10 each along with assets and liabilities of the company.

Gayatri Highways has successfully completed the acquisition of 12.71% of equity share capital of the HKR Roadways effective March 24, 2021. As Gayatri Highways is engaged in infrastructure industry, the investment in HKR Roadways would be very beneficial for the future growth prospects.

Godrej industries has completed the acquisition of shares in Pyxis Holdings on March 25, 2021. Consequent to the said acquisition, Pyxis Holdings has become the subsidiary of the Company with effect from March 25, 2021.

Adani Enterprises has incorporated a wholly-owned subsidiary namely, 'Kutch Copper' on March 24, 2021. Kutch Copper is incorporated with the object to undertaking Copper business related activities such as manufacture of copper cathodes and copper rods etc. 

Mahindra Lifespace Developers has acquired 10.3 acre land in Mumbai Metropolitan Region (MMR). The company will develop a new residential project in Kalyan. This new project will offer about 7 lakh sq ft of carpet area and is expected to be launched in FY 2022. This is Mahindra Lifespaces' second residential development in Kalyan.

Star Cement has acquired balance 83,94,000 equity shares of Rs 10 each of Meghalaya Power which entailed the Company to increase its stake to 1,71,30,620 Equity Shares of Rs 10 each (i.e., 100%) and the said Meghalaya Power became a Wholly Owned Subsidiary of the Company.

Bank of Maharashtra (BoM) has opened six new branches, expanding its network to 1,949 branches. Out of these six branches, which are in Kolkata Zone, one branch is in Port Blair and other five are in West Bengal. It will enhance customer experience with the bank's innovative digital banking solution.

Power Grid Corporation, pursuant to its selection as the succes..
Financials More
Rs. in Millions
QTR Dec 20 ANNUAL 20
Net Profit-184.8-2260.1
Gross Profit -252.5 -2298.3
Operating Profit -227.4165.8
Net Sales 355.14398.8
ROLLING FORWARD P/E (EOD)
EVENT CALENDAR
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Shareholding Pattern More
PROMOTERS 51.46 %
NON-INSTITUTION 21.65 %
MUTUAL FUNDS/UTI 14.34 %
FI/BANKS/INSURANCE 0.02 %
GOVERNMENT 0 %
FII 0 %
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