Mahindra Lifespace Developers Limited has informed the Exchange regarding Outcome of Board Meeting held on April 28, 2026.
MAHLIFE · price
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Mahindra Lifespace Developers Limited reported strong FY26 consolidated results with revenue from operations of Rs. 1,17,831 lakhs, up 216% from Rs. 37,227 lakhs in FY25. Profit after tax grew to Rs. 29,817 lakhs from Rs. 6,135 lakhs, representing 386% growth. Basic EPS improved to Rs. 14.84 from Rs. 3.63. The Board approved standalone PAT of Rs. 7,210 lakhs (up 40%) and recommended a final dividend of Rs. 3.50 per share (35% on face value). Key corporate actions included completing a Rs. 1,49,480 lakh rights issue and acquiring 100% stake in Mahindra Homes Private Limited. The slump sale of the Albemeck undertaking to Mahindra Blossom Developers (now a JV with Mitsui Fudosan) generated a gain of Rs. 4,197 lakhs. Auditors Deloitte Haskins & Sells issued an unmodified clean report.
The stock shows exceptional revenue and profit growth driven by project completions and strategic acquisitions. The successful rights issue has strengthened the balance sheet with debt-equity improving from 1.76 to 0.10. The dividend payout reflects confidence in cash generation going forward.