Mahindra Lifespace Developers Limited – Investor Presentation Summary

Key Operational Highlights

  • Q1 FY27 Residential pre-sales: ₹925 Cr
  • Successful launch of Rainforest project in Q1 FY27
  • Sustenance sales contributed ~42% of total sales (from Blossom, Vista, Marina 64, IvyLush)
  • Occupancy Certificates received for Eden Phase 2, Luminare, and Palghar 2.1.8
  • Business Development momentum sustained with GDV additions of ₹5,600 Cr in Q1 FY27
  • Total GDV pipeline: ~₹50,000 Cr

Segment-wise Performance

Residential Business
  • Area Sold: 0.60 million square feet
  • Sales Value: ₹925 Cr
  • Revenue from Operations: ₹998 Cr
  • Other Income: ₹16 Cr
  • EBITDA (excl. Other Income): ₹113 Cr
  • PBT: ₹121 Cr (PBT margin: ~26% on completed projects)
  • PAT: ₹76 Cr
IC&IC Business
  • Land Leased: 2.0 acres
  • IC&IC Revenues: ₹41 Cr
  • Revenue from Operations: ₹41 Cr
  • Other Income: ₹7 Cr
  • EBITDA (excl. Other Income): ₹14 Cr
  • PBT: ₹17 Cr
  • PAT: ₹10 Cr

Financial Highlights

Consolidated Performance (Q1 FY27)
  • Revenue from Operations: ₹962 Cr
  • Other Income: ₹15 Cr
  • Total Revenues: ₹978 Cr
  • Operating Expenses: ₹796 Cr
  • Employee Remuneration & Benefits: ₹34 Cr
  • Finance Costs: ₹2 Cr
  • Depreciation & Amortisation: ₹5 Cr
  • Administration & Other Expenses: ₹38 Cr
  • Profit before Tax & Share in Net Profit/Loss of Associates: ₹102 Cr
  • Share in Net Profit/(Loss) of JV/Associates: ₹9 Cr
  • Profit from Ordinary Activities before Tax: ₹111 Cr
  • Provision for Current Taxation: ₹8 Cr
  • Provision for Deferred Taxation: ₹18 Cr
  • Net Profit for the period: ₹86 Cr (67% YoY growth)
  • Net Profit after Taxes and Minority Interest: ₹86 Cr
YoY Comparison (Q1 FY27 vs Q1 FY26)
  • Revenue from Operations: ₹962 Cr vs ₹32 Cr
  • Net Profit: ₹86 Cr vs ₹51 Cr

Geographical Revenue Split

Not Specified

Balance Sheet Snapshot (Consolidated)

As of 30 June 2026
  • Total Assets: ₹7,875 Cr
  • Non-Current Assets: ₹1,611 Cr
  • Current Assets: ₹6,263 Cr
  • Inventories: ₹4,814 Cr
  • Cash and Cash Equivalents: ₹66 Cr
  • Bank Balances other than cash: ₹396 Cr
  • Total Liabilities: ₹7,875 Cr
  • Non-Current Liabilities: ₹24 Cr
  • Current Liabilities: ₹4,135 Cr
  • Borrowings (Current): ₹636 Cr
  • Trade Payables: ₹579 Cr
  • Net Debt to Equity Ratio: -0.20 (negative)
  • Cost of Debt: 7.5%

Capex & Cash Flow Health

Consolidated Cashflows (Q1 FY27)
  • Opening cash & bank balance: ₹1,127 Cr
  • Project inflows: ₹531 Cr
  • Project outflows: ₹396 Cr
  • Operating Cashflow: ₹134 Cr
  • Investing and Financing cashflow: ₹47 Cr (outflow)
  • Net Cash Flows: ₹87 Cr
  • Land Outflows: ₹106 Cr
  • Total Cash flow changes: ₹19 Cr (decrease)
  • Closing cash & bank balance: ₹1,108 Cr

Strategic & R&D Initiatives

FY27 Planned Launches
  • Mahalunge Phase 1, Pune (Q2 FY27)
  • Lakewoods F&G, Chennai (Q2 FY27)
  • Saibaba Phase 1, MMR (Q3 FY27)
  • Navrat, Bengaluru (Q4 FY27)
  • WestEra (timing not specified)
IC&IC Business Development
  • Partnership with Sumitomo extended to OC2B
  • 4 MOUs/LOIs signed in Q1 FY27
  • Strong pipeline heading into Q2 FY27
  • Acceleration of land aggregation in OP
IC&IC Portfolio Summary
  • Total Gross Area: 5,898 acres
  • Net Leasable Area: 4,099 acres
  • Net Leased Area: 2,554 acres
  • Available for lease: 1,545 acres
  • Expected revenues: ₹5,000-6,000 Cr
  • Expected PAT (MLDL share): ~₹1,500 Cr

Industry Trends & Business Environment

Not Specified

Management Commentary & Growth Outlook

Strategic Outlook
  • Driving profitable growth to 8K-10K Cr sales (GDV addition of 50K Cr)
  • Depth in 3 core markets (MMR, Pune, Bengaluru)
  • Focus on Premium/mid-premium segments
  • Exit affordable segment
  • Scaling business 5X (10K Cr by FY30)
Growth Drivers
  • Well-engineered portfolio choices
  • Robust BD engine with systematic process
  • Superior customer experience and designs
  • Project execution excellence with "first time right" approach
  • IC&IC value maximization
  • Robust financial discipline with rigorous IRR tracking

ESG Updates

  • CDP A rating
  • Industry-first 3 Net zero projects
  • Mahindra Marina64 Net Zero Energy (Design) @IGBC
  • Mahindra Ivylush received IGBC Net Zero Waste-Design Certification