Name: Latest research reports of Mahindra Lifespace Developers Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Mahindra Lifespace Developers Ltd.
Rating: 5
Author: ICICI Securities Limited

Summary	Date	Stock	Author	LTP	Target	Price at reco (Change since reco%)	Upside(%)	Type	Report	Discuss
	06 Jan 2026	Mahindra Lifespace	Consensus Share Price Target	391.95	554.50	-	41.47	buy	pdf Detailed Estimates
	27 Jul 2023	Mahindra Lifespace	ICICI Securities Limited	391.95	565.00	489.30 (-19.90%)	Target met	Buy	pdf post cache	Broker Report Renewed ambition, business development key to achieving growth plans ICICI Securities Limited 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. pdf Copy Link Share on Share on Share on Share on Alert
	06 Jul 2023	Mahindra Lifespace	ICICI Securities Limited Target	391.95	565.00	476.20 (-17.69%)	Target met	Buy	pdf post cache	Broker Report The rubber hits the road ICICI Securities Limited 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. pdf Copy Link Share on Share on Share on Share on Alert
	26 Apr 2023	Mahindra Lifespace	ICICI Securities Limited Target	391.95	488.00	367.35 (6.70%)	Target met	Buy	pdf post cache	Broker Report Growth story on track ICICI Securities Limited 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. pdf Copy Link Share on Share on Share on Share on Alert
	26 Apr 2023	Mahindra Lifespace	ICICI Direct Target	391.95	470.00	367.35 (6.70%)	Target met	Buy	pdf post cache	Broker Report Mahindra Lifespace Developers ICICI Direct pdf Copy Link Share on Share on Share on Share on Alert
	24 Feb 2023	Mahindra Lifespace	ICICI Securities Limited	391.95	483.00	378.90 (3.44%)	Target met	Buy	pdf post cache	Broker Report Execution of growth plans by new MD a key monitorable ICICI Securities Limited Mahindra Lifespace Developers (MLIFE) has announced the resignation of its current MD & CEO, Mr. Arvind Subramanian who has been helming the company’s operations since May’20. In his place, the Mahindra Group has appointed Mr. Amit Kumar Sinha as the new MD & CEO from May’23 who has been already working with the Mahindra Group as President, Group Strategy since Apr’21 and carries over 18 years experience and was a Senior Partner and Director with Bain & Company prior to joining the Mahindra Group. pdf Copy Link Share on Share on Share on Share on Alert
	06 Feb 2023	Mahindra Lifespace	ICICI Securities Limited Reco Target	391.95	483.00	380.05 (3.13%)	Target met	Buy	pdf post cache	Broker Report Sales momentum to accelerate from FY24 ICICI Securities Limited Mahindra Lifespace Developers (MLIFE) clocked Q3FY23 sales bookings worth Rs4.5bn (I-sec estimate of Rs4.6bn) led by four new launches across existing/new projects. pdf Copy Link Share on Share on Share on Share on Alert
	05 Feb 2023	Mahindra Lifespace	ICICI Direct	391.95	475.00	380.05 (3.13%)	Target met	Buy	pdf post cache	Broker Report Mahindra Lifespace Developers ICICI Direct pdf Copy Link Share on Share on Share on Share on Alert
	07 Dec 2022	Mahindra Lifespace	Motilal Oswal	391.95	550.00	373.80 (4.86%)	Target met	Buy	pdf post cache	Broker Report Well on track to achieve near-term targets Motilal Oswal pdf Copy Link Share on Share on Share on Share on Alert
	07 Nov 2022	Mahindra Lifespace	ICICI Securities Limited Reco Target	391.95	461.00	405.65 (-3.38%)	Target met	Accumulate	pdf post cache	Broker Report On a strong footing ICICI Securities Limited MLIFE clocked Q2FY23 sales bookings worth Rs4.0bn (I-sec estimate of Rs3.8bn) led by Nestalgia, Pune launch. pdf Copy Link Share on Share on Share on Share on Alert
	02 Oct 2022	Mahindra Lifespace	Motilal Oswal	391.95	550.00	470.45 (-16.69%)	Target met	Buy	pdf post cache	Broker Report Turning the tide with renewed vigor Motilal Oswal pdf Copy Link Share on Share on Share on Share on Alert
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53.07% Gain from 52W Low

Mahindra Lifespace Developers Ltd. share price target

Mahindra Lifespace Developers Ltd. has an average share price target of 489.67. The consensus estimate represents an upside of 24.93% from the last price of 391.95. View 7 reports from 3 analysts offering long-term price targets for Mahindra Lifespace Developers Ltd..

Renewed ambition, business development key to achieving growth plans

The rubber hits the road

Growth story on track

Mahindra Lifespace Developers

Execution of growth plans by new MD a key monitorable

Sales momentum to accelerate from FY24

Mahindra Lifespace Developers

Well on track to achieve near-term targets

On a strong footing

Turning the tide with renewed vigor

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