A Mahindra Group infrastructure stock surged 2 percent in Wednesday’s trade after ICICI Securities initiated coverage with a “buy” rating, projecting a 60 percent upside. The bullish outlook has sparked renewed investor interest, making the stock one to watch closely in the coming sessions.
Price Movement
During Wednesday’s trading session, shares of Mahindra Lifespace Developers Ltd reached an intra-day high of Rs.347.20 apiece, rising 2 percent from its previous closing price of Rs.334.45 apiece. The stock later retreated from high ans closed at Rs.342.15 apiece. Over the past five years, the stock has delivered over 450 percent returns.
Brokerage Outlook
Shares of Mahindra Lifespace Developers Ltd rose on Wednesday, April 29, after ICICI Securities initiated coverage on the stock with a “buy” rating and set a target price of Rs.549.00. With the stock currently trading at Rs.342.15, the brokerage projects an upside potential of 60 percent, fueling optimism among investors.
The bullish outlook comes on the back of robust business performance. The company reported gross development value (GDV) additions of Rs.18,100 crore in FY25, a nearly fourfold increase from Rs.4,400 crore in FY24. Residential pre-sales also showed strong momentum, rising 20.4 percent year-on-year to Rs.2,804 crore in FY25. This included a saleable area of 3.18 million sq. ft. and a RERA carpet area of 2.32 million sq. ft., signaling healthy demand and execution capabilities.
Future Outlook
Mahindra Lifespace Developers is focused on driving profitable growth with a bold ambition of achieving Rs.8,000–10,000 crore in annual sales through strategic GDV additions of Rs.45,000 crore. The company emphasizes execution excellence, a “first time right” approach to quality, and timely delivery, all underpinned by standardized designs and specifications to enhance customer satisfaction and project efficiency.
Recent Developments
A robust business development engine supports this growth, backed by prudent financial discipline, strategic capital allocation, and rigorous IRR tracking. With a strong presence in core markets like MMR, Pune, and Bengaluru, Mahindra Lifespace is sharpening its focus on premium and mid-premium segments, exiting the affordable category while also capitalizing on themes like PLI, China+1, and monetizing its industrial clusters.
Earnings Report
In its latest financial update, Mahindra Lifespace Developers Ltd reported consolidated revenue of Rs.9 crores for Q3 FY25, a decline of approximately 35.71 percent from Rs.14 crores reported in Q3 FY24. Despite the fall in revenue, the company’s net profit rose significantly by around 19.72 percent to Rs.85 crores in Q3 FY25, compared to Rs.71 crores in the same period last year, indicating strong bottom-line performance driven by operational efficiencies or one-time gains.
Ratio Analysis
The company has a Return on Capital Employed (ROCE) of 2.69 percent and a Return on Equity (ROE) of 3.23 percent. Its Price-to-Earnings (P/E) ratio stands at 84.68, higher than the industry average of 37.82. Furthermore, the company maintains a current ratio of 1.68, a debt-to-equity ratio of 0.76, and an Earnings Per Share (EPS) of Rs.3.95.
Written by – Siddesh S Raskar
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A Mahindra Group infrastructure stock surged 2 percent in Wednesday’s trade after ICICI Securities initiated coverage with a “buy” rating, projecting a 60 percent upside. The bullish outlook has sparked renewed investor interest, making the stock one to watch closely in the coming sessions. Price Movement During Wednesday’s trading session, shares of Mahindra Lifespace Developers
The post Mahindra Group stock to buy now for an upside of 60%; Do you own it? appeared first on Trade Brains. Read MoreNews, Stocks, Mahindra Group stock, market news, stock market, Stock market news, stock news Trade Brains
