MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Disclosure Of Related Party Transactions For The Half Year Ended 31 March 2022.
In compliance with Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 , please find enclosed herewith the disclosure of Related Party Transactions for the half year ended 31 March 2022. MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of loss of Share Certificate. Buy Mahindra Lifespace Developers: target of Rs 450: Sharekhan
Sharekhan is bullish on Mahindra Lifespace Developers has recommended buy rating on the stock with a target price of Rs 450 in its research report dated April 28, 2022. MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcript of Earnings Conference Call held on 28th April, 2022.
Buy Mahindra Lifespace Developers; target of Rs 430: ICICI Direct
ICICI Direct is bullish on Mahindra Lifespace Developers has recommended buy rating on the stock with a target price of Rs 430 in its research report dated April 29, 2022. MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 MAHINDRA LIFESPACE DEVELOPERS LTD. - 532313 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Recording of the earnings conference call held today i.e. on April 28, 2022.
Mahindra Lifespace shares rally nearly 8% after earnings announcement
Its consolidated total income stood at Rs 408.2 crore in the last fiscal, against Rs 187.8 crore FY21, according to a regulatory filing Q4FY22 Quarterly Result Announced for Mahindra Lifespace Developers Ltd.
Realty firm Mahindra Lifespace Developers declares Q4FY22 result: Mahindra Lifespaces' achieves consolidated profit of Rs. 154.5 crore in FY22 50% growth in residential pre-sales to Rs. 1028 crore For Q4 FY22: The consolidated total income stood at Rs. 155 crore as against Rs. 33.3 crore in Q3 FY22 and Rs. 58.1 crore in Q4 FY21 The consolidated PAT, after non-controlling interest, stood at Rs. 136.8 crore as against Rs. 25.0 crore in Q3 FY22 and a loss of Rs. 27.2 crore in Q4 FY21 Signed a binding agreement to acquire land of 9.2 acres in Kandivali from M&M; ltd, having development potential of around 1.7 msft with estimated GOV of ~Rs 2400 crore Achieved sales of Rs. 328 crore in residential business Launched new value homes project at Kalyan, Mahindra Happinest Kalyan 2 and further phases across Alcove and Vicino with saleable area of 0.96 msft. Attained collections at Rs. 308 crore in residential business Completed 0.56 msft of projects across Palghar, Centralis and Lakewoods and handed over 229 units Leased 25 acres of land in the industrial parks business for Rs. 70.5 crore FOR FY22: The consolidated total income stood at Rs. 408.2 crore as against Rs. 187.8 crore in FY21 The consolidated PAT, after non-controlling interest, stood at Rs. 154.5 crore as against a loss of Rs. (71.7) crore in FY21 Finalised 3 land acquisitions having development potential of approximately 3.08 msft with estimated GOV in excess of Rs 3800 crore Achieved sales of Rs. 1028 crore (1.28 msft) in residential business Launched 1.27 msft across 2 new projects and 4 subsequent phases Attained collections of Rs. 1153 crore in residential business Completed 1.30 msft of projects and delivered 925 units to customer across various projects Leased 110.6 acres of land for Rs. 298 crore In Integrated Cities and Industrial Clusters business Consolidated cost of debt stood at 6.52%; standalone cost of debt stood at 5.67% Commenting on the performance, Mr. Arvind Subramanian, Managing Director & CEO, Mahindra Lifespace Developers Ltd., said, "FY22 has been a year of strong growth. Our residential pre-sales grew by almost 50% to Rs 1028 crore while our industrial leasing has grown by 130% to Rs. 298 crore. Three land acquisitions with a development potential of 3.08 mn square feet and an estimated Gross Development value of around Rs 3800 crore have set us up well for the coming years. We expect to build on this momentum and remain confident of achieving strong business performance over the coming quarters." Result PDF