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04 May 2025 |
Mahindra Lifespace
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Consensus Share Price Target
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350.10 |
577.29 |
- |
64.89 |
buy
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28 Apr 2025
|
Mahindra Lifespace
|
ICICI Securities Limited
|
350.10
|
549.00
|
334.45
(4.68%)
|
56.81 |
Buy
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In May’23, MLIFE had unveiled a strategy of reaching INR 80-100bn of annual residential plus industrial cluster sales by CY28 or 5x in 5 years (CY23-28). While it has achieved FY25 sales bookings of INR 28.0bn, with a healthy launch pipeline having GDV of over INR 390bn as of Mar’25, we estimate FY26/27E sales bookings of INR 36bn/INR 41bn, respectively.
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28 Apr 2025
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Mahindra Lifespace
|
Motilal Oswal
|
350.10
|
382.00
|
334.45
(4.68%)
|
9.11 |
Neutral
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Pre-sales: MLDL achieved bookings of INR10.5b in 4QFY25, down 3% YoY and up 3x QoQ (53% above estimates). FY25 bookings stood at INR28b, up 20% YoY (15% beat).
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03 Feb 2025
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Mahindra Lifespace
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Motilal Oswal
|
350.10
|
458.00
|
397.55
(-11.94%)
|
30.82 |
Neutral
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Mahindra Lifespaces (MLDL) clocked bookings of INR3.3b in 3QFY25 (44% miss), down 25% YoY, as volumes declined 15% YoY to 0.5msf.
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21 Nov 2024
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Mahindra Lifespace
|
ICICI Direct
|
350.10
|
610.00
|
454.90
(-23.04%)
|
74.24 |
Buy
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28 Oct 2024
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Mahindra Lifespace
|
Sharekhan
|
350.10
|
644.00
|
493.00
(-28.99%)
|
83.95 |
Buy
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We retain a Buy on Mahindra Lifespace Developers Limited (MLDL) with a revised PT of Rs. 644, removing NAV premium due to slower-than-anticipated new project additions and higher leverage.
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26 Jul 2024
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Mahindra Lifespace
|
ICICI Direct
|
350.10
|
740.00
|
609.65
(-42.57%)
|
111.37 |
Buy
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25 Jul 2024
|
Mahindra Lifespace
|
Motilal Oswal
|
350.10
|
600.00
|
605.25
(-42.16%)
|
Target met |
Neutral
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Mahindra Lifespaces (MLDL) achieved bookings of INR10.2b, up 195% YoY (in line) in 1QFY25, driven by a strong response in the new projects in Pune and Bengaluru.
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25 Jul 2024
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Mahindra Lifespace
|
Sharekhan
|
350.10
|
785.00
|
605.25
(-42.16%)
|
124.22 |
Buy
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Mahindra Lifespace Developers Limited (MLDL) reported yet another strong quarter breaching Rs. 1000 crore pre-sales mark (Rs. 1019 crore, up 3x y-o-y) in Q1FY2025 led by key project launches during March 2024.
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05 May 2024
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Mahindra Lifespace
|
ICICI Direct
|
350.10
|
740.00
|
625.85
(-44.06%)
|
111.37 |
Buy
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30 Apr 2024
|
Mahindra Lifespace
|
ICICI Securities Limited
|
350.10
|
649.00
|
637.25
(-45.06%)
|
|
Hold
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After Mahindra Lifespace Developers’ (MLIFE) current MD and CEO, Mr. Amit Kumar Sinha, took over from May’23, the company had unveiled a strategy of reaching INR 80-100bn of annual residential plus industrial cluster sales by CY28 or 5x in 5 years (CY23-28), while near-term focus remained on achieving its guidance of INR 30bn of residential + industrial cluster (IC) sales by FY25.
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29 Apr 2024
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Mahindra Lifespace
|
Sharekhan
|
350.10
|
785.00
|
637.35
(-45.07%)
|
|
Buy
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We retain a Buy on Mahindra Lifespace Developers Limited (MLDL) with a revised PT of Rs. 785, increasing our NAV valuation, factoring higher pre-sales run-rate and recently-launched projects.
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15 Mar 2024
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Mahindra Lifespace
|
Sharekhan
|
350.10
|
736.00
|
545.15
(-35.78%)
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Buy
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05 Feb 2024
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Mahindra Lifespace
|
Motilal Oswal
|
350.10
|
600.00
|
603.30
(-41.97%)
|
Target met |
Neutral
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31 Oct 2023
|
Mahindra Lifespace
|
ICICI Securities Limited
|
350.10
|
582.00
|
499.55
(-29.92%)
|
Target met |
Buy
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FY23 was a breakout year for Mahindra Lifespace Developers (MLIFE) as it clocked record residential sales bookings of INR18.1bn (up 76% YoY). With the new MD and CEO, Mr. Amit Kumar Sinha, taking over from May’23, the company has now unveiled a strategy of reaching INR80-100bn of annual residential plus industrial cluster sales by CY28 or 5x in 5 years (CY23-28E), while near-term focus remains on achieving its guidance of INR30bn of residential + industrial cluster (IC)sales by FY25E.
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25 Aug 2023
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Mahindra Lifespace
|
Sharekhan
|
350.10
|
630.00
|
530.15
(-33.96%)
|
Target met |
Buy
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22 Aug 2023
|
Mahindra Lifespace
|
ICICI Direct
|
350.10
|
650.00
|
528.25
(-33.72%)
|
Target met |
Buy
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27 Jul 2023
|
Mahindra Lifespace
|
ICICI Securities Limited
|
350.10
|
565.00
|
489.30
(-28.45%)
|
Target met |
Buy
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|
FY23 was a breakout year for Mahindra Lifespace Developers (MLIFE) as it clocked record residential sales bookings of INR18.1bn (up 76% YoY). With the new MD and CEO, Mr. Amit Kumar Sinha taking over from May’23, the company has now unveiled a strategy of reaching INR80-100bn of annual residential plus industrial cluster sales by CY28 or 5x in 5 years (CY23-28E) while near-term focus remains on achieving its guidance of INR30bn of residential sales by FY25E.
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06 Jul 2023
|
Mahindra Lifespace
|
ICICI Securities Limited
|
350.10
|
565.00
|
476.20
(-26.48%)
|
Target met |
Buy
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FY23 was a breakout year for Mahindra Lifespace Developers (MLIFE) as it clocked record residential sales bookings of Rs18.1bn (up 76% YoY) led by 3.2msf of new launches. With the new MD and CEO, Mr. Amit Kumar Sinha taking over from May’23, the company’s focus remains on achieving its medium-term guidance of Rs25bn of residential sales by FY25.
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26 Apr 2023
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Mahindra Lifespace
|
ICICI Direct
|
350.10
|
470.00
|
367.35
(-4.70%)
|
Target met |
Buy
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26 Apr 2023
|
Mahindra Lifespace
|
ICICI Securities Limited
|
350.10
|
488.00
|
367.35
(-4.70%)
|
Target met |
Buy
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Mahindra Lifespace Developers (MLIFE) clocked Q4FY23 sales bookings worth Rs3.6bn (I-sec estimate of Rs3.7bn) led by two new launches across existing/new projects. MLIFE has clocked FY23 sales bookings of Rs18.1bn (up 76% YoY) and with the company having nine planned launches in FY24 having a GDV of Rs35-40bn (including high value Kandivali, Mumbai project in H1FY24), we estimate FY24E and FY25E sales bookings of Rs23.4bn and Rs27.1bn, respectively.
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