Mahindra Lifespace Developers Ltd.

Financial

	Mahindra Life. Dev	Puravankara	Ashiana Housing
Operational Metrics
Real Estate Sector
Sales Realization / Sqft - Residential	10242.72 Rs/Sqft	n/a	6774.0 Rs/Sqft
Cost of Borrowing	8.8 %	11.85 %	n/a
Inventory - Residential	7.17 Mn Sqft	8.42 Mn Sqft	0.25 Mn Sqft
Area Under Construction - Residential	12.71 Mn Sqft	36.8 Mn Sqft	n/a
Financials
5 yr Average ROE	0.75 %	3.43 %	1.95 %
5yr average Equity Multiplier	1.86	4.79	2.38
5yr Average Asset Turnover Ratio	0.13	0.16	0.23
5yr Avg Net Profit Margin	5.5 %	5.27 %	0.64 %
Price to Book	4.07	4.03	4.6
P/E	125.94	0.0	192.62
5yr Avg Cash Conversion Cycle	4543.34 Days	4007.86 Days	569.57 Days
Inventory Days	2125.65 Days	1894.45 Days	1047.57 Days
Days Receivable	203.32 Days	85.72 Days	14.85 Days
Days Payable	245.44 Days	134.34 Days	92.52 Days
5yr Average Interest Coverage Ratio	0.89	1.31	1.78
5yr Avg ROCE	-3.87 %	19.93 %	4.29 %
5yr Avg Operating Profit Margin	-37.42 %	22.56 %	4.95 %
5 yr average Debt to Equity	0.21	1.48	0.18
5yr CAGR Net Profit	n/a	-13.8 %	n/a
5yr Average Return on Assets	-0.06 %	0.75 %	0.39 %
Shareholdings
Promoter Holding	51.14 %	75.0 %	61.11 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.19 %	0.0	-0.11 %
Change in Mutual Fund Holding (3 Yrs)	0.04 %	-1.6 %	-1.65 %

Business

	Mahindra Life. Dev	Puravankara	Ashiana Housing
Product Wise Break-Up	Product Wise Break-Up Residential 85.0 Industrial Cities & Clusters 15.0 Real Estate 0 Development of real estate property 0	Product Wise Break-Up Development of real estate property 0 Residential 0 Industrial Cities & Clusters 0 Real Estate 100.0	Product Wise Break-Up Real Estate 100.0 Residential 0 Industrial Cities & Clusters 0 Real Estate 0
Segment Break-Up	Segment Break-Up Others 100	-	-
Location Wise Break-Up	Location Wise Break-Up MMR (Mumbai, Boisar, Palghar, Thane, Kalyan and Alibaug) 34.5 Pune 26.33 Bangalore 22.28 NCR 14.34 Chennai 2.55 Nagpur 0 Mumbai 0 West India 0 Cochin 0 Hydrabad 0 India 0 Gurgaon 0 Jamshedpur 0 Jaipur 0 Jodhpur 0 Bhiwadi 0	Location Wise Break-Up Chennai 17.0 Jamshedpur 0 Gurgaon 0 Jodhpur 0 Nagpur 0 0 Cochin 8.0 NCR 0 Jaipur 0 West India 0 Hydrabad 0 India 0 Mumbai 12.0 Bangalore 0 Pune 12.0 Bhiwadi 0 Others 51.0	Location Wise Break-Up Chennai 9.0 Jamshedpur 5.0 Gurgaon 34.0 Jodhpur 2.0 Nagpur 0 0 Cochin 0 NCR 0 Jaipur 24.0 West India 0 Hydrabad 0 India 0 Mumbai 0 Bangalore 0 Pune 14.0 Bhiwadi 12.0
Operating Profit Break-Up	Operating Profit Break-Up Others 100	-	-
Customer Segment	Customer Segment 25 to 50 Lacs 79.0 100 to 200 Lacs 14.0 > 200 Lacs 12.0 < 25 Lacs 4.0 75 to 100 Lacs 3.0 50 to 75 Lacs 0	-	-
Asset Break-Up	Asset Break-Up Others 100	-	-