FY26 Full Year Results: ₹298 Cr Profit Surge with 25% Sales Growth
Strong Financial Performance Drives FY26 Results
Mahindra Lifespace Developers announced consolidated sales of ₹4,118 crore and Profit After Tax soaring 386% to ₹298.17 crore, a significant improvement from ₹61.35 crore in FY25. The final quarter saw sustained momentum, with consolidated sales totaling ₹1,993 crore and residential pre-sales reaching ₹1,633 crore.
Sales Growth and Residential Momentum
The company achieved 25% growth in sales across its residential and industrial business segments. Residential pre-sales contributed ₹3,405 crore, while Industrial & Corporate and Institutional (IC&IC) revenues generated ₹713 crore.
A key driver for the year was the substantial ₹18,060 crore in GDV additions, which included a ₹7,500 crore unlocking at Thane. Residential pre-sales spanned 3.53 million square feet, supported by successful project launches including Blossom, Marina64, and NewHaven.
Operating Cash Flow and Balance Sheet Strength
The company reported strong operational cash flows of ₹840 crore and maintained a healthy balance sheet with a net debt-to-equity ratio of -0.27, indicating a cash-surplus position as of March 31, 2026. The company proposed a final dividend of ₹3.5 per equity share for FY26, a 25% increase from FY25.
Strategic Partnership with Mitsui Fudosan
Mahindra Lifespace Developers announced a joint venture with Mitsui Fudosan Group for the development of Mahindra Blossom, a premium residential project located in Whitefield, Bengaluru. As Japan's largest residential developer, Mitsui Fudosan sets global benchmarks in design, sustainability and customer experience.
The strategic partnership with Mitsui Fudosan, announced in March 2026, is set to boost business development, bringing global expertise and potential co-investment, particularly in the residential sector. The company has ambitious plans to launch projects worth ₹10,000 crore in FY27, signalling a strategic move to expand operations and capitalize on market opportunities.
Thirty-Two Years of Development Footprint
Established in 1994, Mahindra Lifespace Developers brings the Mahindra Group's philosophy of 'Rise' to India's real estate and infrastructure industry through thriving residential communities and enabling business ecosystems, with development footprint spanning 32.14 million square feet of completed, ongoing and forthcoming residential projects across seven Indian cities and over 5,000 acres at integrated developments and industrial clusters.