Mahindra Lifespace Records 25% Sales Growth, Rs 18,060 Crore GDV Additions in FY26

Mahindra Lifespace Records 25% Sales Growth, Rs 18,060 Crore GDV Additions in FY26​

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development business of the Mahindra Group, announced its financial results for the quarter ending March 31, 2026. The company reported strong performance across its residential and Information/Commercial & Industrial (IC&IC) sectors for the fiscal year ended March 2026 (FY26).

The consolidated financial results for FY26 showed key growth indicators, including consolidated sales of Rs 4,118 crore. The gross development value additions (GDV) in FY26 reached Rs 18,060 crore, including Rs 7,500 crore from the Thane unlocking, marking a significant increase from the Rs 18,100 crore recorded in FY25.

For the residential segment, the company achieved FY26 residential pre-sales of Rs 3,405 crore, which compares favorably to Rs 2,804 crore in FY25. The IC&IC business also demonstrated growth, recording consolidated revenues of Rs 713 crore in FY26, up from Rs 495 crore in FY25.

Financial metrics for FY26 included a consolidated Profit After Tax (PAT), after non-controlling interest, as per INDAS, of Rs 298 crore. Operating cash flow remained robust, reaching Rs 840 crore, slightly up from Rs 832 crore in FY25. Furthermore, the company maintained a strong balance sheet with a net debt to equity ratio of -0.27 (cash surplus) as of March 31, 2026.

The Board of Directors also proposed a final dividend of Rs 3.5 per equity share for FY26, representing a 25% growth compared to FY25.

Fourth Quarter Performance​

The Q4 FY26 results highlighted continued operational momentum. Consolidated sales (Resi and IC&IC) for Q4 FY26 stood at Rs 1,993 crore. Residential pre-sales for the quarter were Rs 1,633 crore, compared to Rs 1,055 crore in Q4 FY25.

The IC&IC business generated consolidated revenues of Rs 360 crore in Q4 FY26, up from Rs 211 crore in the same quarter of the previous year. Consolidated PAT for Q4 FY26 was Rs 90 crore, an increase from Rs 85 crore in Q4 FY25. Similarly, consolidated operating cash flow reached Rs 282 crore, up from Rs 232 crore in Q4 FY25.

In commenting on the performance, Amit Kumar Sinha, Managing Director & CEO of Mahindra Lifespace Developers Ltd., highlighted the company's robust performance. He noted the 25% sales growth across the Resi and IC&IC businesses, coupled with the 18K Cr GDV additions, significant PAT growth, and healthy operating cash flows in FY26. He added that the Resi business continued its strong momentum through successful launches and receipts of planned OCs, while the IC&IC side saw strong leasing activity and higher realization in Jaipur and Chennai.

The company, which is the real estate and infrastructure development business of the Mahindra Group, emphasizes its commitment to sustainability, having achieved a 100% Green portfolio since 2014 and positioning itself to build only Net Zero homes from 2030 onwards.

Comparative Financial Summary​

The following table summarizes the key financial and operational data points reported by Mahindra Lifespace Developers Limited:

MAHLIFE Stock Price Movement​

Shares of Mahindra Lifespace Developers Limited are edging higher to ₹340.9 as of 3:25 PM today, gaining 4.20% in live trading. The stock sees high activity in the session, with 504,840 shares traded in the live market.