Mahindra Lifespace Developers Limited Valuation

MAHLIFE · Realty · Current price ₹343.05

Full stock page
DocStoX fair value
₹169
medium confidence · 45/100
Current price
₹353
Upside to fair value
-52.0%
Estimate range
₹142 – ₹231
P/E ratio
23.4x
P/B ratio
2.1x
Model it yourself — Earnings Yield Calculator
Opens pre-filled with Mahindra Lifespace Developers Limited's latest numbers.

Is Mahindra Lifespace Developers Limited undervalued?

We estimate the fair value of Mahindra Lifespace Developers Limited at ₹169 per share, against a market price of ₹353. That puts the share price about -52.0% above our estimate, at medium confidence. This is our view of what the business is worth, not a target price or a forecast of where the share price will go.

How this fair value is calculated

This estimate comes from 1 method: Residual income (legacy engine) (₹169). Each is weighted by how well its inputs held up for this company. The full working, including the assumptions and what data was missing, is set out below.

The range around this estimate

Our estimate for Mahindra Lifespace Developers Limited spans ₹142 to ₹231. A margin of safety means buying meaningfully below the estimate: the wider the range, the more room the assumptions leave for error.

Valuation multiples

Mahindra Lifespace Developers Limited trades at a P/E of 23.4x and a P/B of 2.1x, with a dividend yield of 1.0%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.

How we got this fair value

Every number below is part of the same estimate for Mahindra Lifespace Developers Limited. Nothing here is a target price or a forecast of where the share price will go.

Medium confidence45/100

Workable, with real gaps. Weigh it alongside your own view rather than on its own.

Estimate range ₹142 – ₹231

Why this method for this business

The residual income model is appropriate for a real estate developer with a focus on book value and residual income, given the high debt and negative EBITDA in recent years.

The models behind the number

Each method is weighted by how well its inputs held up for this company.

Residual income (legacy engine)
₹169100% weight

Book-value residual income with per-category routing (legacy engine)

  • Discounted cash flow (DCF) is not suitable due to the lack of stable cash flows and high debt levels.
  • Price-to-earnings (P/E) is not suitable due to the negative earnings and high volatility.

What was missing

  • Lack of forward-looking cash flow data
  • Uncertainty in future earnings and debt levels

What drives it

3 inputs, grouped by how strong each claim is
MacroEconomy-wide input, not company-specific.
Cost of equity
12.5%

building-block

JudgementOur read of the evidence, not a measurement.
Moat
None

computed

Uncertainty
High

computed

Who computed this

A language model (qwen3:8b) selects the valuation method and the judgement inputs for Mahindra Lifespace Developers Limited: which models suit the business, the moat, the growth and margin assumptions. It does not produce the number. The fair value itself is computed in Python by a deterministic engine (version 2026.08.1) from those inputs, so the same inputs always give the same result and every figure above can be traced to a source.

Estimated 14 Sept 2026. Re-run as new financials and news arrive.

How we value stocks

We estimate what a business is worth from its own economics: cash flows, returns on capital, and a multiple justified by its quality, rather than from where the share price has been. A fair value estimate is a view, not a verdict, and it is only as good as the inputs listed above.

Read the full fair-value methodology

Understand the ratios

More on Mahindra Lifespace Developers Limited

DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.