Mahindra Lifespace Developers Limited (MAHLIFE) - Net Assets
Based on the latest financial reports, Mahindra Lifespace Developers Limited (MAHLIFE) has net assets worth Rs35.35 Billion INR (≈ $382.30 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs83.47 Billion ≈ $902.70 Million USD) and total liabilities (Rs48.12 Billion ≈ $520.40 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check MAHLIFE financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs35.35 Billion |
| % of Total Assets | 42.35% |
| Annual Growth Rate | 12.49% |
| 5-Year Change | 14.38% |
| 10-Year Change | 9.37% |
| Growth Volatility | 69.62 |
Mahindra Lifespace Developers Limited - Net Assets Trend (2005–2025)
This chart illustrates how Mahindra Lifespace Developers Limited's net assets have evolved over time, based on quarterly financial data. Also explore Mahindra Lifespace Developers Limited assets under control for the complete picture of this company's asset base.
Annual Net Assets for Mahindra Lifespace Developers Limited (2005–2025)
The table below shows the annual net assets of Mahindra Lifespace Developers Limited from 2005 to 2025. For live valuation and market cap data, see MAHLIFE market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs18.96 Billion ≈ $205.08 Million |
+1.24% |
| 2024-03-31 | Rs18.73 Billion ≈ $202.56 Million |
+3.71% |
| 2023-03-31 | Rs18.06 Billion ≈ $195.30 Million |
-1.72% |
| 2022-03-31 | Rs18.38 Billion ≈ $198.73 Million |
+10.84% |
| 2021-03-31 | Rs16.58 Billion ≈ $179.29 Million |
-4.90% |
| 2020-03-31 | Rs17.43 Billion ≈ $188.52 Million |
-11.65% |
| 2019-03-31 | Rs19.73 Billion ≈ $213.38 Million |
-6.20% |
| 2018-03-31 | Rs21.03 Billion ≈ $227.47 Million |
+20.67% |
| 2017-03-31 | Rs17.43 Billion ≈ $188.51 Million |
+0.53% |
| 2016-03-31 | Rs17.34 Billion ≈ $187.51 Million |
+10.28% |
| 2015-03-31 | Rs15.72 Billion ≈ $170.02 Million |
+24.61% |
| 2014-03-31 | Rs12.62 Billion ≈ $136.44 Million |
-2.43% |
| 2013-03-31 | Rs12.93 Billion ≈ $139.84 Million |
+11.95% |
| 2012-03-31 | Rs11.55 Billion ≈ $124.91 Million |
+0.60% |
| 2011-03-31 | Rs11.48 Billion ≈ $124.17 Million |
+7.22% |
| 2010-03-31 | Rs10.71 Billion ≈ $115.82 Million |
+4.54% |
| 2009-03-31 | Rs10.24 Billion ≈ $110.79 Million |
+13.25% |
| 2008-03-31 | Rs9.05 Billion ≈ $97.82 Million |
+16.06% |
| 2007-03-31 | Rs7.79 Billion ≈ $84.29 Million |
+322.11% |
| 2006-03-31 | Rs1.85 Billion ≈ $19.97 Million |
+2.55% |
| 2005-03-31 | Rs1.80 Billion ≈ $19.47 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Mahindra Lifespace Developers Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 684199100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs6.84 Billion | 36.08% |
| Common Stock | Rs1.55 Billion | 8.18% |
| Other Comprehensive Income | Rs1.04 Billion | 5.49% |
| Other Components | Rs9.53 Billion | 50.25% |
| Total Equity | Rs18.96 Billion | 100.00% |
Mahindra Lifespace Developers Limited Competitors by Market Cap
The table below lists competitors of Mahindra Lifespace Developers Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TOA Paint (Thailand) Public Company Limited
BK:TOA
|
$785.51 Million |
|
China Shineway Pharmaceutical Group Limited
F:C1S
|
$785.62 Million |
|
Century Iron And Steel Industrial Co Ltd
TW:9958
|
$785.64 Million |
|
Whitestone REIT
NYSE:WSR
|
$785.80 Million |
|
First Financial Corporation Indiana
NASDAQ:THFF
|
$785.20 Million |
|
Paul Hartmann AG
F:PHH2
|
$784.93 Million |
|
Hoang Anh Gia Lai JSC
VN:HAG
|
$784.90 Million |
|
Inox Green Energy Services Limited
NSE:INOXGREEN
|
$784.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mahindra Lifespace Developers Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 18,727,698,000 to 18,961,100,000, a change of 233,402,000 (1.2%).
- Net income of 612,900,000 contributed positively to equity growth.
- Dividend payments of 411,500,000 reduced retained earnings.
- Share repurchases of 606,000 reduced equity.
- New share issuances of 600,000 increased equity.
- Other comprehensive income decreased equity by 1,119,566,001.
- Other factors increased equity by 1,151,574,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs612.90 Million | +3.23% |
| Dividends Paid | Rs411.50 Million | -2.17% |
| Share Repurchases | Rs606.00K | -0.0% |
| Share Issuances | Rs600.00K | +0.0% |
| Other Comprehensive Income | Rs-1.12 Billion | -5.9% |
| Other Changes | Rs1.15 Billion | +6.07% |
| Total Change | Rs- | 1.25% |
Book Value vs Market Value Analysis
This analysis compares Mahindra Lifespace Developers Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.79x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 29.83x to 2.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs11.41 | Rs340.50 | x |
| 2006-03-31 | Rs11.64 | Rs340.50 | x |
| 2007-03-31 | Rs49.41 | Rs340.50 | x |
| 2008-03-31 | Rs55.48 | Rs340.50 | x |
| 2009-03-31 | Rs60.59 | Rs340.50 | x |
| 2010-03-31 | Rs63.81 | Rs340.50 | x |
| 2011-03-31 | Rs68.74 | Rs340.50 | x |
| 2012-03-31 | Rs74.54 | Rs340.50 | x |
| 2013-03-31 | Rs83.45 | Rs340.50 | x |
| 2014-03-31 | Rs81.42 | Rs340.50 | x |
| 2015-03-31 | Rs95.19 | Rs340.50 | x |
| 2016-03-31 | Rs100.89 | Rs340.50 | x |
| 2017-03-31 | Rs109.68 | Rs340.50 | x |
| 2018-03-31 | Rs132.87 | Rs340.50 | x |
| 2019-03-31 | Rs124.52 | Rs340.50 | x |
| 2020-03-31 | Rs109.79 | Rs340.50 | x |
| 2021-03-31 | Rs105.26 | Rs340.50 | x |
| 2022-03-31 | Rs115.42 | Rs340.50 | x |
| 2023-03-31 | Rs116.54 | Rs340.50 | x |
| 2024-03-31 | Rs120.76 | Rs340.50 | x |
| 2025-03-31 | Rs122.20 | Rs340.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mahindra Lifespace Developers Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.46%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 3.39x
- Recent ROE (3.23%) is below the historical average (5.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.20% | 0.29% | 0.25x | 2.76x | Rs-173.30 Million |
| 2006 | 9.50% | 7.93% | 0.42x | 2.88x | Rs-8.98 Million |
| 2007 | 2.39% | 8.47% | 0.23x | 1.24x | Rs-582.51 Million |
| 2008 | 8.02% | 29.84% | 0.17x | 1.58x | Rs-170.13 Million |
| 2009 | 7.69% | 21.12% | 0.22x | 1.65x | Rs-216.99 Million |
| 2010 | 8.14% | 19.27% | 0.24x | 1.77x | Rs-183.43 Million |
| 2011 | 10.64% | 18.53% | 0.30x | 1.89x | Rs68.47 Million |
| 2012 | 11.15% | 18.36% | 0.31x | 1.96x | Rs132.66 Million |
| 2013 | 10.93% | 19.15% | 0.26x | 2.21x | Rs120.58 Million |
| 2014 | 7.98% | 14.27% | 0.21x | 2.72x | Rs-255.38 Million |
| 2015 | 18.05% | 24.51% | 0.30x | 2.45x | Rs1.19 Billion |
| 2016 | 5.95% | 11.27% | 0.19x | 2.80x | Rs-632.44 Million |
| 2017 | 6.02% | 13.41% | 0.26x | 1.72x | Rs-677.20 Million |
| 2018 | 4.91% | 17.84% | 0.19x | 1.46x | Rs-1.05 Billion |
| 2019 | 6.20% | 20.19% | 0.20x | 1.55x | Rs-732.49 Million |
| 2020 | -11.37% | -31.66% | 0.24x | 1.49x | Rs-3.64 Billion |
| 2021 | -4.40% | -43.27% | 0.06x | 1.58x | Rs-2.35 Billion |
| 2022 | 8.64% | 39.27% | 0.13x | 1.70x | Rs-243.61 Million |
| 2023 | 5.62% | 16.72% | 0.17x | 2.00x | Rs-791.72 Million |
| 2024 | 5.25% | 46.32% | 0.04x | 2.65x | Rs-890.33 Million |
| 2025 | 3.23% | 16.46% | 0.06x | 3.39x | Rs-1.28 Billion |
Industry Comparison
This section compares Mahindra Lifespace Developers Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $5,469,848,663
- Average return on equity (ROE) among peers: -84.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mahindra Lifespace Developers Limited (MAHLIFE) | Rs35.35 Billion | 0.20% | 1.36x | $785.50 Million |
| Ajmera Realty & Infra India Limited (AJMERA) | $7.43 Billion | 4.40% | 1.65x | $264.54 Million |
| Amj Land Holdings Limited (AMJLAND) | $1.66 Billion | 8.55% | 1.33x | $17.89 Million |
| Ansal Properties & Infrastructure Limited (ANSALAPI) | $17.90 Billion | 0.27% | 2.81x | $6.43 Million |
| Arihant Superstructures Limited (ARIHANTSUP) | $154.37 Million | 8.50% | 3.16x | $129.05 Million |
| Arkade Developers Ltd (ARKADE) | $1.49 Billion | 33.81% | 1.48x | $236.65 Million |
| Art Nirman Limited (ARTNIRMAN) | $20.00K | -930.00% | 978.85x | $12.02 Million |
| Arvind SmartSpaces Limited (ARVSMART) | $162.90 Million | 19.89% | 9.18x | $306.52 Million |
| Ashiana Housing Limited (ASHIANA) | $323.41 Million | 29.21% | 3.28x | $372.51 Million |
| Ashima Limited (ASHIMASYN) | $2.20 Billion | -3.02% | 0.45x | $33.08 Million |
| Valor Estate Limited (DBREALTY) | $23.37 Billion | -13.43% | 1.84x | $607.53 Million |
About Mahindra Lifespace Developers Limited
Mahindra Lifespace Developers Limited, together with its subsidiaries, engages in the real estate and infrastructure development business in India. The company engages in the construction, development, and sale of residential and commercial properties; project management; and rental of properties. It also supplies water; and provides sewage services. The company's development portfolio comprises … Read more