External broker reports(aggregated public sources), Motilal Oswal Financial Services Limited

Motilal Oswal

Motilal Oswal Financial Services Limited is an Indian diversified financial services firm offering a range of financial products and services. 

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External broker reports(aggregated public sources)

Motilal Oswal Financial Services Limited

Motilal Oswal Financial Services Limited is an Indian diversified financial services firm offering a range of financial products and services. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Mahindra Lifespace Developers Ltd / Equity Bottom-Up

Mahindra Lifespace Developers Ltd (MLIFE IN)

<ul><li>Mahindra Lifespaces (MLDL) clocked bookings of INR3.3b in 3QFY25 (44% miss), down 25% YoY, as volumes declined 15% YoY to 0.5msf.</li><li>IC&amp;IC segment – In the IC&amp;IC segment, MLDL leased 12.4 acres in Jaipur (3 customers) and Chennai (2 customers) for a total of INR457m in 3QFY25. Collections – The company collected INR3.7b during the quarter and spent INR1.3b on construction.</li><li>The net debt-to-equity ratio stood at 0.5x and the cost of debt was 8.9%.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Mahindra Lifespaces (MLDL) clocked bookings of INR3.3b in 3QFY25 (44% miss), down 25% YoY, as volumes declined 15% YoY to 0.5msf.IC&amp;IC segment – In the IC&amp;IC segment, MLDL leased 12.4 acres in Jaipur (3 customers) and Chennai (2 customers) for a total of INR457m in 3QFY25. Collections – The company collected INR3.7b during the quarter and spent INR1.3b on construction.The net debt-to-equity ratio stood at 0.5x and the cost of debt was 8.9%.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Mahindra Lifespaces - Feeble Bookings; Poor Performance from JV and IC&IC