One of the Mahindra Group stocks engaged in the real estate and infrastructure development sector, focusing on residential communities and integrated business ecosystems across India. The stock is in focus after securing a deal worth Rs. 950 crore for redeveloping projects in Mumbai
Stock Price Movement:
In Monday’s trading session, Mahindra Lifespace Developers Limited’s share jumped to an intraday high of 2 percent from the previous close of Rs. 405. The stock opened at Rs. 413.10 and is currently trading at Rs. 401.55, with a high of Rs. 413.10 and a low of Rs. 393.90. The market capitalization now stands at approximately Rs. 6,227.48 crore.
What Happened:
On February 3, 2025, Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure arm of the Mahindra Group, announced its appointment as the developer for a major redevelopment project in Lokhandwala Complex, Andheri West, Mumbai.
This project, with an estimated Gross Development Value (GDV) of around Rs. 950 crore, marks MLDL’s fourth redevelopment project in Mumbai. The company will redevelop three residential societies under the state’s cluster redevelopment policy. Located just 15 minutes from the upcoming Versova-Bandra Sealink, the project offers excellent connectivity to key parts of the city.
Key Acquisitions:
Mahindra Lifespace Developers Limited added a significant Gross Development Value (GDV) of Rs 15,000 crore across four key locations in India during the fiscal year. In July 2024, it acquired 3.7 acres in Borivali West, Mumbai (GDV of Rs 1,800 crore), its third Mumbai redevelopment project, and 2.4 acres in Electronic City, Bengaluru (GDV of Rs 250 crore), next to the Mahindra Zen project.
The largest deal was 36.9 acres in Bhandup, Mumbai (GDV of Rs 12,000 crore), planned in phases. In January 2025, it secured 8.2 acres near Bengaluru Airport (GDV of Rs 1,000 crore), close to IT hubs.
Client base:
Mahindra Lifespace Developers Limited hosts marquee clients across India, with MWC Chennai accommodating 90 customers like Infosys, BMW, and Capgemini across 66 facilities, MWC Jaipur serving 149 clients, including JCB and Deutsche Bank with 93 units, Origins Chennai hosting 15 clients like Yanmar and Nissei, and Origins Ahmedabad under development.
Recent quarter results:
Mahindra Lifespace Developers Limited’s revenue has increased from Rs. 82 crore in Q3 FY24 to Rs. 167 crore in Q3 FY25, which has grown by 249.33 percent. The company’s net profit has turned negative, from Rs. 50 crore in Q3 FY24 to Rs. -22 crore in Q3 FY25.
Written By – Nikhil Naik
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing
