Mahindra Lifespace Developers · forward-looking guidance across the available source record.
Guidance tracker
With ₹1,000 Crore already achieved in Q1, management targets ₹3,500-4,000 Crore in remaining nine months, supported by Rainforest, Mahalakshmi (launching first week of August), and five more launches in H2.
The IC business is expected to generate ₹100-150 Crore PAT annually on a run-rate basis, with management targeting ₹1,500 Crore cumulative PAT and ₹150-200 Crore annual cash flows over the next few years.
Following two consecutive years of ₹18,000 Crore signings, management has guided a broader range (₹10,000-20,000 Crore) given market conditions, emphasizing deal quality and financial returns over chasing targets.
Geographic concentration remains, with Mumbai accounting for the bulk of pre-sales; management sees these three cities as having below-average inventory overhang nationally.
Management maintained guidance for FY27 pre-sales in the 4,500-5,000 crore range, with FY28 guidance to be provided after delivering FY27 numbers.
Excluding Bhandup and Mahalakshmi (~3,500 Cr already in FY26 launches), FY27 launches expected at 5,000-7,000 Cr GDV including new projects and phases.
IOD and EC received; CC filed, expected within 2-3 weeks. RERA anticipated by March 10, 2026, with sales impact primarily in Q4 FY26.