Mahindra Lifespace Developers Limited (MAHLIFE) - Net Assets

Latest as of March 2026: Rs36.27 Billion INR ≈ $392.24 Million USD

Based on the latest financial reports, Mahindra Lifespace Developers Limited (MAHLIFE) has net assets worth Rs36.27 Billion INR (≈ $392.24 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs82.95 Billion ≈ $897.05 Million USD) and total liabilities (Rs46.68 Billion ≈ $504.81 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 tangible equity quality of Mahindra Lifespace Developers Limited to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs36.27 Billion
% of Total Assets	43.73%
Annual Growth Rate	15.37%
5-Year Change	97.37%
10-Year Change	108.08%
Growth Volatility	69.56

Mahindra Lifespace Developers Limited - Net Assets Trend (2005–2026)

This chart illustrates how Mahindra Lifespace Developers Limited's net assets have evolved over time, based on quarterly financial data. See how many days can Mahindra Lifespace Developers Limited fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Mahindra Lifespace Developers Limited (2005–2026)

The table below shows the annual net assets of Mahindra Lifespace Developers Limited from 2005 to 2026. For live valuation and market cap data, see MAHLIFE market cap overview.

Year	Net Assets	Change
2026-03-31	Rs36.27 Billion ≈ $392.24 Million	+91.27%
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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs2.13 Billion	5.88%
Other Components	Rs34.14 Billion	94.12%
Total Equity	Rs36.27 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
Oxford Lane Capital Corp NASDAQ:OXLC	$807.95 Million
Bank Artos Indonesia Tbk PT JK:ARTO	$808.16 Million
KSL Holdings Bhd KLSE:5038	$808.50 Million
ChengDa Pharmaceuticals Co. Ltd. SHE:301201	$808.68 Million
Shenzhen Kaizhong Precision Technology Co Ltd SHE:002823	$807.73 Million
UniTTEC Co Ltd SHE:000925	$807.63 Million
Ninety One Ltd JSE:NY1	$807.36 Million
Akso Health Group ADR NASDAQ:AHG	$807.33 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 2025 to 2026, total equity changed from 18,961,100,000 to 36,268,700,000, a change of 17,307,600,000 (91.3%).
Net income of 2,981,300,000 contributed positively to equity growth.
Dividend payments of 597,300,000 reduced retained earnings.
New share issuances of 14,855,300,000 increased equity.
Other comprehensive income decreased equity by 1,040,069,999.
Other factors increased equity by 1,108,369,999.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs2.98 Billion	+8.22%
Dividends Paid	Rs597.30 Million	-1.65%
Share Issuances	Rs14.86 Billion	+40.96%
Other Comprehensive Income	Rs-1.04 Billion	-2.87%
Other Changes	Rs1.11 Billion	+3.06%
Total Change	Rs-	91.28%

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: 1.97x
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 30.68x to 1.97x 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	Rs350.15	x
2006-03-31	Rs11.64	Rs350.15	x
2007-03-31	Rs49.41	Rs350.15	x
2008-03-31	Rs55.48	Rs350.15	x
2009-03-31	Rs60.59	Rs350.15	x
2010-03-31	Rs63.81	Rs350.15	x
2011-03-31	Rs68.74	Rs350.15	x
2012-03-31	Rs74.54	Rs350.15	x
2013-03-31	Rs83.45	Rs350.15	x
2014-03-31	Rs81.42	Rs350.15	x
2015-03-31	Rs95.19	Rs350.15	x
2016-03-31	Rs100.89	Rs350.15	x
2017-03-31	Rs109.68	Rs350.15	x
2018-03-31	Rs132.87	Rs350.15	x
2019-03-31	Rs124.52	Rs350.15	x
2020-03-31	Rs109.79	Rs350.15	x
2021-03-31	Rs105.26	Rs350.15	x
2022-03-31	Rs115.42	Rs350.15	x
2023-03-31	Rs116.54	Rs350.15	x
2024-03-31	Rs120.76	Rs350.15	x
2025-03-31	Rs122.20	Rs350.15	x
2026-03-31	Rs177.74	Rs350.15	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): 8.22%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 25.30%
• Asset Turnover: 0.14x
• Equity Multiplier: 2.29x
Recent ROE (8.22%) is above the historical average (6.04%), indicating improving 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
2026	8.22%	25.30%	0.14x	2.29x	Rs-645.57 Million

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: $5,844,880,300
Average return on equity (ROE) among peers: 9.20%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Mahindra Lifespace Developers Limited (MAHLIFE)	Rs36.27 Billion	0.20%	1.29x	$807.87 Million
Ajmera Realty & Infra India Limited (AJMERA)	$3.62 Billion	6.87%	0.61x	$288.02 Million
Amj Land Holdings Limited (AMJLAND)	$1.18 Billion	3.19%	0.90x	$17.40 Million
Ansal Properties & Infrastructure Limited (ANSALAPI)	$9.45 Billion	13.98%	1.38x	$5.50 Million
Arihant Superstructures Limited (ARIHANTSUP)	$1.21 Billion	26.91%	4.02x	$125.28 Million
Arkade Developers Ltd (ARKADE)	$3.24 Billion	37.99%	0.78x	$229.52 Million
Art Nirman Limited (ARTNIRMAN)	$340.03 Million	-32.34%	0.32x	$10.72 Million
Arvind SmartSpaces Limited (ARVSMART)	$6.26 Billion	6.64%	2.36x	$302.41 Million
Ashiana Housing Limited (ASHIANA)	$990.01 Million	28.69%	1.64x	$412.68 Million
Ashima Limited (ASHIMASYN)	$-2.30 Billion	0.00%	0.00x	$32.52 Million
Valor Estate Limited (DBREALTY)	$34.46 Billion	0.10%	0.53x	$666.08 Million

About Mahindra Lifespace Developers Limited

NSE:MAHLIFE India Real Estate - Development

Market Cap

$807.87 Million

Rs74.70 Billion INR

Market Cap Rank

#10024 Global

#496 in India

Share Price

Rs350.15

Change (1 day)

+1.08%

52-Week Range

Rs294.25 - Rs421.70

All Time High

Rs667.11