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Mahindra Lifespaces Investor Presentation Q4 FY22

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This presentation and the accompanying slides ("Presentation"), have been prepared by “Mahindra Lifespace Developers Limited” ("Company"), solely for purposes of
information and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities and shall not form the basis or be relied upon in connection
with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document. The Company
makes no representation or warranty, express or implied, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or
opinions contained herein. All terms, conditions, warranties and representations in any of the foregoing respects which might otherwise be implied are hereby excluded. The
information contained in this Presentation is only current as of its date. This Presentation may not be all inclusive and may not contain all the information that you may consider
material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.

Certain matters discussed in this Presentation may contain statements regarding the Company's market opportunity and business prospects that are individually and collectively
“forward-looking statements” within the meaning of applicable laws and regulations. Such forward-looking statements are not guaranteeing the future performance of the
Company and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. The risks and uncertainties relating to such statements include,
but are not limited to, change in industry structure, significant changes in political and economic environment in India and overseas, tax laws, import duties, litigation and labour
relations, the Company’s ability to manage growth, competition, time and cost overruns on contracts. The Company's actual results, levels of activity, performance or
achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking
information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company
and the Company is not responsible for such third-party statements and projections.

The Company may alter, modify or otherwise change in any manner the content of this Presentation, without obligation to notify any person of such revision or changes. This
Presentation cannot be copied and disseminated in any manner. No person is authorized to give any information or to make any representation not contained in and not
consistent with this Presentation and, if given or made, such information or representation must not be relied upon as having been authorized by or on behalf of the Company.
The Company uses carpet areas as per RERA in its customer communication. However, the data in saleable area terms has been referred in this Presentation, to enable continuity
of information to investors and shall not be construed to be of any relevance to home buyers / customers. The information given in this Presentation does not purport or
tantamount to any disclosure under RERA and should not be construed to be or constitute advertisements, solicitations, marketing, offer for sale, invitation to offer, invitation to
acquire including within the purview of RERA.

The Company's operations have been impacted by the COVID-19 pandemic. Considering the evolving nature of the pandemic, its actual impact in future could be different from
that estimated as on the date of this Presentation. The Company will continue to monitor any material changes to future economic conditions.

The operating numbers mentioned in the Presentation are for the Company and its subsidiaries / joint ventures / associates engaged in the real estate business (mainly MLDL,
MHPL, MBDL, MITL, MRDL, MHDL, MWCDL, MWCJL, MIPCL & MIPPL).

2
1 MLDL Overview
1

2 MLDL Residential

3 MLDL IC & IC

4 MLDL Financials

5 MLDL Leadership

3
Investor Presentation Q4 FY2022 4
Entry  Merger MWC Jaipur  SCM JV  Sumitomo JV  Financial  Origins Chennai  100th client at
 MWC Launch  Happinest  TERI Partnership Partnership Launch MWC Jaipur
Chennai Launch  Rights Issue  Origins
Launch  Origins Launch Ahmedabad
development
 IFC Partnership

Mahindra Group MRIDL and Launch of second JV with SCM  JV with  Partnered with  Launch of Origins  Achieved
forays into real GESCO merge to World City at Real Estate Sumitomo Corp. HDFC Capital Chennai milestone of 100th
estate business as form Mahindra Jaipur (Singapore) Pvt. for establishing  Rights Issue of  Commenced client at MWC Jaipur
Mahindra Realty & Gesco Developers Ltd. for residential industrial park in Rs. 300 cr development in
Infrastructure Ltd. project North Chennai.  Launched Origins Ahmedabad
Developers Launches its first development  Partnered with Industrial Clusters  Partnered with IFC
Limited (MRIDL) large format Launch of new TERI to set up brand – ‘ORIGINS’ for MWC Jaipur and
integrated business vertical - Mahindra TERI Origins Ahmedabad
business city - Happinest focused Centre of
Mahindra World on low-cost Excellence for
City (MWC), housing Sustainable
Chennai Habitats

Investor Presentation Q4 FY2022 5


Investor Presentation Q4 FY2022 6
1st position for MWC Chennai is India’s first Zero waste-water MWC Jaipur received C40 'Plaque Award’ for Special Recognition in
Sustainability Performance certified zero waste to landfill city discharge at all facilities Stage 2 Certification Category II - Climate Change
ICAI International Sustainability Reporting Awards

Investor Presentation Q4 FY2022 7


As on 31st March 2022

Market Capitalization INR 6,125 cr Shareholding Pattern (%)

20.1%
Shares Outstanding 15.45 cr

51.3%
18.8%
Free Float 2,978 cr

9.8%
Symbol (BSE) / (NSE) 532313 / MAHLIFE
Promoters FII MF Others

700 BSE REALTY MAHLIFE Key Institutional Investors


600 ICICI Prudential Asset Management Company Limited
500
Kotak Mutual Fund
400
First State Investments
300
L&T Mutual Fund
200
Nippon India Fund
100
Goldman Sachs
0
31-Mar-20 31-Mar-21 31-Mar-22 Kuwait Investment Authority

Investor Presentation Q4 FY2022 8


Stakeholders Preferences Regulatory Reforms
• Buyers' inclination towards renowned • RERA – Transforming the RE landscape
developers & ready or near-ready o Shift of purchasing power to buyers
inventory o Builder’s accountable for timely
delivery & quality
• Strong Brand & Parentage
• Landowners choose to deal with o Financial discipline & transparency
organised developers with strong • Access to Capital at Low Cost
balance sheet • Demonitisation: Demand significantly
• Differentiated Products &
dominated by end consumer
• Lenders prefer funding reputed & well Customer Experience
governed developers • GST: Operational transparency
• Consistent Positive Cashflows
• Good Corporate Governance
Enhanced Affordability Government Initiatives
& Transparency
• Multi-decadal low interest rates • Stamp duty cuts in select geographies
• Sustainable Development
• Rise in income level • Pradhan Mantri Awas Yojna Scheme

• Increase in household savings • Affordable Rental Housing Scheme

• Performance Linked Incentive Schemes

Investor Presentation Q4 FY2022 9


Rs. cr Rs. cr
by 2025 by 2025

1028 cr 298 cr

Rs. cr Rs. cr

msft Exploring allied


Target Markets Development Land acquisitions opportunities in
potential per every year, worth Land acquisitions across all existing Sales Activation
project sales potential of in well-developed locations with lease premises
Launch of new
Rs. 2000 cr micro markets enhanced deal size parks

Investor Presentation Q4 FY2022 10


During Q4FY22, signed an agreement to acquire a land parcel in Kandivali having development potential of msft.

Sales Volume Launches Sales Volume Launches


(RERA Carpet Area: 0.25 msft) (RERA Carpet Area: 0.80 msft)

Sales Value Completions Sales Value Completions

Collections Handovers Collections Handovers

Investor Presentation Q4 FY2022 11


(Rs. cr, unless specified)

CONSOLIDATED RESULTS Q4 FY22 Q3 FY22 Q4 FY21


Income from Operations 161.8 24.3 56.0
Other Income (6.7) 9.0 2.1
Total Income 155.0 33.3 58.1
Profit/ (Loss) Before Tax & Share in Net Profit / (Loss) of Associates 50.6 (32.9) (38.5)
Share in Net Profit / (Loss) of Associates 27.3 49.8 4.9
Profit Before Tax 78.0 16.9 (33.6)
Net Profit / (Loss) for the period 137.7 24.9 (27.8)
Net Profit / (Loss) after Non-Controlling Interest 136.8 25.0 (27.2)

CONSOLIDATED RESULTS FY22 FY21 FY20


Total Income 408.2 187.8 645.9
EBIDTA* 15.5 (59.8) (46.3)
Net Profit / (Loss) after Non-Controlling Interest 154.5 (71.7) (193.4)
Net Worth (excluding Non-Controlling Interest) 1,788.5 1,631.1 1,701.3
Net Debt to Equity Ratio 0.03 0.07 0.06
Cost of Debt 6.5% 7.1% 8.7%

Investor Presentation Q4 FY2022 12


2 MLDL Residential
1 MLDL Overview

3 MLDL IC & IC

4 MLDL Financials

5 MLDL Leadership

13
M&M
51%

MLDL

100% 72.5% 51% 74% 89%

MBDL MHPL MHDL MITL 26%


MWCDL
- Bloomdale - Luminare - Happinest Palghar - Lakewoods
- MWC Chennai
- Happinest Kalyan - Happinest MWCC
27.5% 100%
49%

Actis HDFC Capital MRDL


- Aqualily

Investor Presentation Q4 FY2022 14


1

Roots, Lakewoods, Happinest Happinest Luminare,


Alcove Vicino
Mumbai Chennai Kalyan Palghar Ph 1 NCR
(Under (Actual
(Under (Under (Under (Actual (Actual
Construction) Image)
Construction) Construction) Construction) Image) Image)

Investor Presentation Q4 FY2022 15


Sales Value (Rs. cr) Sales Volume (msft) Collections (Rs. cr) Construction Outflow (Rs. cr)
1.69
1153
1.31 1.28
1.16 963 930
1023 1.07 1028
758
670 695 603
611
328 331 362
288 241

FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22

Launches (msft) Completions (msft)


1.84
1.55

1.27
1.17 1.30
0.97 0.94 1.07

0.68
0.39

FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22

Note: All figures correspond to MLDL and associates, including JD partner share & commercial units that are part of residential development wherever applicable.

Investor Presentation Q4 FY2022 16


Sales Value (Rs. cr) Sales Volume (msft) Collections (Rs. cr) Construction Outflow (Rs. cr)
0.52 469

0.39 0.40
346 328
303 0.32 308
251 255
0.18 204
171
145 137
110 104
70
51

Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22

Launches (msft) Completions (msft)


0.56
0.96
0.41
0.76

0.23

0.12
0.20
0.06
0.10
0

Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22

Note: All figures correspond to MLDL and associates, including JD partner share & commercial units that are part of residential development wherever applicable.

Investor Presentation Q4 FY2022 17


Premium Residential
Total Launched Completed Ongoing Sales Value Completion
Area Sold Area Sold
Location Project Name Development Development Development Development (Rs. cr) %
A B C of C D of D of D of D
Roots 0.14 0.14 0.00 NA 0.14 0.14 175 82%
MMR Vicino 0.26 0.26 0.00 NA 0.26 0.19 334 76%
Alcove # 0.39 0.39 0.00 NA 0.39 0.11 149 39%
Pune Centralis 0.34 0.34 0.16 0.16 0.18 0.18 113 53%
NCR Luminare # 1.20 0.77 0.77 0.77 - - - -
Nagpur Bloomdale 1.55 1.55 1.04 1.04 0.52 0.47 232 60%
Chennai Lakewoods 0.90 0.28 0.28 0.28 - - - -
TOTAL 4.78 3.73 2.25 2.25 1.49 1.09 1003 62%

Value Homes
Total Launched Completed Ongoing Sales Value Completion
Area Sold Area Sold
Location Project Name Development Development Development Development (Rs. cr) %
A B C of C D of D of D of D
Happinest Palghar Ph 2 0.36 0.18 0.00 NA 0.18 0.11 41 78%
MMR Happinest Kalyan 1 0.84 0.84 0.00 NA 0.84 0.73 399 66%
Happinest Kalyan 2 1.09 0.71 0.00 NA 0.71 0.11 56 3%
Pune Happinest Tathawade 1.19 0.51 0.00 NA 0.51 0.41 237 24%
Happinest Avadi 0.74 0.74 0.64 0.64 0.10 0.10 34 85%
Chennai
Happinest MWCC 0.41 0.21 0.00 NA 0.21 0.21 78 15%
TOTAL 4.63 3.19 0.64 0.64 2.55 1.67 844 39%

Note: Above figures are based on saleable area (msft), unless specified & includes JD partner’s share wherever applicable. # Project under Joint Development (JD)

Investor Presentation Q4 FY2022 18


Future Phases of Ongoing Projects New Projects

Estimated Saleable Estimated Saleable


Location Project Name Location Project Name
Area (msft) Area (msft)
Meridian (Alibaug)* 0.13 New Project (Dahisar) # 0.86
MMR
MMR Happinest Palghar Ph 2 0.18 New Project (Kandivali) 1.70
Happinest Kalyan 2 Ph 2 0.38 Pune New Project (Pune) 0.52
Pune Happinest Tathawade 0.68 Bengaluru New Project (Kanakpura) 0.79
NCR Luminare # 0.43 TOTAL 3.87
Aqualily 0.23
Chennai Lakewoods 0.62
Happinest MWCC 0.20
TOTAL 2.85

6.72 msft 5.28 msft 1.44 msft


Total Forthcoming Projects Area Forthcoming in Premium Residential Forthcoming in Value Homes

# Project under Joint Development (JD) Estimated saleable area includes JD partner’s share wherever applicable. *Serenes projects has been relaunched and branded as Meridian

Investor Presentation Q4 FY2022 19


Location Project Name Company Balance units to sell
NCR Luminare MHPL 1
Chennai Aqualily MRDL 2
Happinest Boisar MLDL 70
Meridian (Alibaug) MLDL 9
MMR
Lakewoods MITL 8
Happinest Palghar 1 MHDL 98
TOTAL 188

Happinest Boisar Meridian (Alibaug) Luminare

Note: All figures correspond to MLDL and associates, including commercial units that are part of residential development wherever applicable.

Investor Presentation Q4 FY2022 20


Estimated Cash Flows (Rs. cr)

Launched Phases / Projects Value (Rs. cr) Future Phases (To be launched) Value (Rs. cr) New Projects (To be launched) Value (Rs. cr)
Sold Units & Estimated Sales ^ 2773 Estimated Sales ^ 1793
Estimated Sales ^ 4087
Less: Amount Collected of Sold Units 905 Less: Estimated Construction Cost # 1026
Less: Estimated Construction Cost # 1044
Less: Estimated Construction Cost # 2498
Net amount to be collected 767
Net amount to be collected 824 Net amount to be collected 1589

^ Estimated sales value is based on management estimates


* Does not include cash flow potential of “Land Bank”. # Construction costs are based on management estimates.
considering current price realisation for respective phases / projects.
Investor Presentation Q4 FY2022 21
nPulse
• Project Life Cycle Management SFDC
(Integrated with SFDC & SAP) • Lead and Customer Management
• Budget Management • Demands & Collections
• Schedule Management • Customer Communication
• Resource Planning • Customer Connect & Feedback
• Quality (MLIFE Mobile App, Menu based Chatbots)
• Reporting & Dashboards

HappiEdge (Integrated with SFDC)


SAP HANA • Channel Partner Connect
• ERP
• Financials
• Taxation SELL.DO & IRIS
• Budget Management • Customer Acquisition
• MM & Procurement (Lead & Opportunity Management, Landing Pages,
Social Media Handles, Property Portals)

Investor Presentation Q4 FY2022 22


3 MLDL IC & IC
1 MLDL Overview

2 MLDL Residential

4 MLDL Financials

5 MLDL Leadership

23
Leased Area (Acres) Average Price per Acre (Rs. cr)
2.7
2.6
2.5
110.6
2.3 93.1
2.3
61.6
39.6 46.4

FY18 FY19 FY20* FY21* FY22

Investor Presentation Q4 FY2022 * Does not include sales outside MWC Chennai boundaries (FY20: 3 acres, FY21: 9.2 acres, FY22: nil) 24
M&M
51%

MLDL

100% 74% 89% 100%

KTL MWCJL * MWCDL 60% MIPCL MIPPL *


- Origins Pune - MWC Jaipur - MWC Chennai - Origins Chennai - Origins Ahmedabad

26% 11% 40%

RIICO TIDCO Sumitomo

Investor Presentation Q4 FY2022 * IFC is a strategic partner in MWCJL & MIPPL. 25


Leasable Area: 1145 acres Balance Inventory in MWCDL Gross Area
Leasable Area*
289
Leased Area
1120 60 25
209

237
25 53

MWC Chennai Origins Chennai Ph 2


Acres
Leased Unleased Outside MWC Boundary

Leasable Area: 2011 acres Balance Inventory Gross Area


340
Saleable Area*
Leased Area
255

222
958 1053 590

242

SEZ DTA Resi & Social Acres


Leased Unleased

Investor Presentation Q4 FY2022 * Leasable / Saleable area is based on management estimates and includes commercial & residential area wherever applicable. 26
Leased Area (Acres) Park O&M, Chennai (Rs. cr)
110.6
93.1 23.3 23.3 23.9

22.8 17.7 16.4 17.0


61.6 95
46.2 46.4
44 39.6
15.1 15.4
28.8
23.3
17.6 24.1 1.2 2.2 15.6
FY18 FY19 FY20* FY21* FY22 FY20 FY21 FY22

MWC Chennai MWC Jaipur Origins Chennai Total Income Expenses


Average Price Per Acre (Rs. cr) Park O&M & eVolve, Jaipur (Rs. cr)
3.9
3.5 44.4
3.2 3.1 40.0 39.9
3
2.7 2.7
2.1
2.5 2.4 2.6
16.9 15.6 17.2
1.9 2.0

FY18 FY19 FY20* FY21* FY22 FY20 FY21 FY22

MWC Chennai MWC Jaipur Origins Chennai Income Expenses

* For MWC Chennai, it does not include sales outside MWC boundaries (FY20: 3 acres, FY21: 9.2 acres)

Investor Presentation Q4 FY2022 27


customers ( operational) customers ( operational)

customers ( operational)

Investor Presentation Q4 FY2022 28


Gross Area
Land Name Location Development Plan #
(acres)

Ghodbundar Road, Thane MMR 68 Planned as Mixed-use Development. Under approvals.

Murud, Raigad MMR 1291 Under study & evaluation stage.


Planned to be developed as Origins, Pune. Under land
Pune Pune 500 *
aggregation stage to ensure contiguity.
25 acres land proposed to be converted for Industrial
MWC Chennai (Residential Zone) Chennai 100 use. Balance to be monetized through residential
development / plotted & outright leasing.

MWC Chennai (Outside Boundary Land) Chennai 60 Planned as land sale.

Gummidpundi (Origins Chennai Ph 2) Chennai 225 * Under land aggregation stage to ensure contiguity.
TOTAL 2244

# Above information is based on management estimates and can change / alter / vary materially.
Includes land held by SPVs * Represents Gross Planned Area
No assurances are being made in relation to the timelines or realisation of above planned developments.
Investor Presentation Q4 FY2022 29
4 MLDL Financials
1 MLDL Overview

2 MLDL Residential

3 MLDL IC & IC

5 MLDL Leadership

30
PROFIT & LOSS STATEMENT Q4 FY22 Q3 FY22 Q4 FY21 FY22 FY21

Income from Operations 161.8 24.3 56.0 393.6 166.3


Other Income (6.7) 9.0 2.1 14.7 21.6
Total Revenues 155.0 33.3 58.1 408.2 187.8

Operating Expenses 139.4 17.4 44.4 303.1 117.3


Employee Remuneration & Benefits 17.6 20.0 20.1 83.6 75.7
Finance Costs 1.5 1.7 1.9 6.5 11.0
Depreciation & Amortisation 2.3 1.4 1.7 6.5 7.0
Administration & Other Expenses 40.5 25.8 28.6 96.3 66.8
Total Expenditure 201.2 66.2 96.6 496.1 277.7

Exceptional Items 96.8 - - 96.8 -


Profit from Ordinary Activities before Tax & Share in Net Profit / Loss of Associates 50.6 (32.9) (38.5) 9.0 (89.9)

Share in Net Profit / (Loss) of Associates 27.3 49.8 4.9 90.3 12.1
Profit from Ordinary Activities before Tax 78.0 16.9 (33.6) 99.3 (77.8)

Less : Provision for Current Taxation 5.5 0.6 1.0 9.3 4.4
Less : Provision for Deferred Taxation (65.2) (8.6) (6.8) (71.8) (10.8)
Net Profit for the period 137.7 24.9 (27.8) 161.7 (71.5)

Less: Minority Interest 0.8 (0.2) (0.6) 7.2 0.3


Net Profit / (Loss) after Taxes and Minority Interest 136.8 25.0 (27.2) 154.5 (71.7)
All figures above are in Rs. cr, unless specified

Investor Presentation Q4 FY2022 31


EQUITY & LIABILITIES FY22 FY21 ASSETS FY22 FY21
Equity Share Capital 154.5 51.4 Property, Plant and Equipment 11.8 3.8
Other Equity 1,634.0 1,579.7 Right of Use Assets 5.6 0.6
Networth 1,788.5 1,631.1 Capital Work-In-Progress 3.4 14.6
Non-Controlling Interest 49.1 42.0 Investment Property 20.0 20.5
Goodwill and Other Intangible Assets 66.1 66.1
Financial Liabilities Financial Assets
(i) Borrowings 60.1 75.2 (i) Investments 622.3 558.1
(ii) Lease Liabilities 3.0 - (ii) Trade Receivables - -
(iii) Other Financial Liabilities 1.8 1.8 (iii) Loans 4.4 0.1
Provisions 4.3 5.2 (iv) Other Financial Assets 15.4 17.2
Deferred Tax Liabilities (Net) - 15.2 Deferred Tax Assets (Net) 78.9 17.8
Other Non-Current Liabilities - - Other Non Current Tax Assets 73.0 65.2
Non-Current Liabilities 69.2 97.5 Non Current Assets 900.9 763.8

Financial Liabilities Inventories 1,441.9 1,344.7


(i) Borrowings 220.4 169.1 Financial Assets
(ii) Lease Liabilities 2.8 0.7 (i) Investments 0.0 0.0
(iii) Trade Payables 173.3 134.9 (ii) Trade Receivables 91.9 56.4
(iv) Other Financial Liabilities 36.2 32.1 (iii) Cash and Cash Equivalents 198.4 115.0
Other Current Liabitilies 670.4 455.5 (iv) Bank Balances other than (iii) above 27.1 20.4
Provisions 12.3 10.3 (v) Loans 77.0 71.3
Current Tax Liabilities (Net) 15.2 14.8 (vi) Other Financial Assets 51.0 71.3
Current Liabilities 1,130.6 817.4 Current Tax Assets (Net) - -
Other Current Assets 249.3 144.9
Liabilities associated with Assets Held for Sale - - Current Assets 2,136.6 1,824.1

TOTAL 3,037.4 2,587.9 TOTAL 3,037.4 2,587.9

All figures above are in Rs. cr, unless specified

Investor Presentation Q4 FY2022 32


Residential IC & IC
SEGMENT RESULTS
Q4 FY22 FY22 Q4 FY22 FY22
Area Sold (msft) / Land Leased (acres) 0.4 msft 1.28 msft 25 acres 110.6 acres
Sales / Lease Income 328 1028 70 297

Income from Operation 205 657 88 367


Other Income 8 32 16 17
Total Income 212 689 105 385
Cost of Sales 182 603 33 112
Gross Margins (%) 11% 8% 62% 70%

Other Operating Expenses 53 174 12 29


EBIDTA -31 -120 44 226
EBIDTA Margin (%) -15% -18% 49% 62%

Exception Item - Gain / (Loss) 97 97


PAT (after Non-Controlling Interest) 113 46 24 109
PAT Margin (%) 53% 7% 23% 28%

Net worth $ 1,443 891


Net Debt # -145 314
Net Debt to Equity Ratio -0.10 0.35
Note: Above details are provided for better understanding of the performance of Residential & Industrial segments of the Company and are not prepared in accordance with
any Accounting Standards. The financial figures are not prepared or reviewed by independent auditor. Due care has been taken in compilation of the same by Management.
# Debt represents funding from Banks / FI’s / Third Parties. Any contribution made by promoters / strategic partners is excluded.
All figures above are in Rs. cr, unless specified
$ Net-worth in each segment has been adjusted by including the contribution made by strategic partners.
Investor Presentation Q4 FY2022 33
5 MLDL Leadership
1 MLDL Overview

2 MLDL Residential

3 MLDL IC & IC

4 MLDL Financials

34
Non-Executive Chairman

Arun Nanda

Managing Director & Chief Executive Officer

Arvind Subramanian

Chief Legal Officer Chief Financial Officer Chief People Officer Chief Business Officer - Industrial Chief Marketing Officer

Parveen Mahtani Vimal Agarwal Krity Sharma Viral Oza


Rajaram Pai

Chief Business Development


Chief of Design Chief Sales & Service Officer Chief Project Officer & Liasioning Officer

Jitesh Donga Vimalendra Singh Sudharshan KR Ashvin Iyengar

Above is as on the day of Board Meeting : 27th April 2022

Investor Presentation Q4 FY2022 35


Mr. Arun Nanda Mr. Arvind Subramanian Dr. Anish Shah
(Chairman) (MD & CEO) (Non-Executive, Non Independent Director)

 Holds degree in Law, FCA & FCS  B.Tech, from IIT, Madras and MBA from IIM,  Ph.D. - Carnegie Mellon’s Tepper Business
 Chairman of Mahindra Holidays & Resorts Ahmedabad School, Masters degree from Carnegie Mellon
 Chairman Emeritus of Indo-French Chamber of  Joined Mahindra Group as Chief Executive and MBA - IIM-Ahmedabad
Commerce and Industry Officer of Mahindra Happinest in 2018  Managing Director and CEO, Mahindra &
 Former Chairman of CII Western Region  Frequent speaker at industry events and Mahindra Ltd.
 Associated with the Group for over 45 years conferences, has authored several op-eds,  Former President and Chief Executive Officer
 Honoured ‘Knight of National Order of Legion articles and reports on ‘Digital India’, the ‘Next of GE Capital India
of Honour’ by President of French Republic. Billion Consumers’ and ‘Future of Real Estate’

Mr. S Durgashankar Mr. Ameet Hariani Ms. Amrita Chowdhury


(Non-Executive, Non-Independent Director) (Non-Executive, Independent Director) (Non-Executive, Independent Director)

 CA, Alumni of Harvard Business School -  Holds master’s degree in Law from the  B.Tech. - IIT Kanpur, MS - UC Berkeley,
Advanced Management Program Mumbai University MBA - Carnegie Mellon - Tepper Business School
 President - Group Controller of F&A, M&M Ltd  Director of Capricon Realty, Batliboi Ltd. and  Director of Gaia, an Urban Tech firm providing
 Chairman of Mahindra Integrated Business Ras Resorts. insights-as-a-service for Smart Sites and Smart
Solutions Pvt. Ltd.  Member of Bombay Incorporated Law Cities.
Society; Law Society of England & Wales; Law  Holds 7 US patents for semi-conductor
Society of Singapore; Bar Council of manufacturing. Author of two books.
Maharashtra; Bombay Bar Association.

Above is as on the day of Board Meeting : 27th April 2022

Investor Presentation Q4 FY2022 36


Investor Relations Contact

Mr. Sumit Kasat Ms. Rabindra Basu


Sr. General Manager – Finance & Investor Relations Senior Manager – Investor Relations
Email: kasat.sumit@mahindra.com Email: basu.rabindra@mahindra.com

Mahindra Lifespace Developers Limited


CIN L45200MH1999PLC118949
th
5 Floor, Mahindra Towers, Worli, Mumbai - 400 018.
Tel: 022 6747 8600/ 6747 8601 | Fax: 022 2497 5084
37
Classification of projects is as under:

a. Completed: projects where b. Ongoing: projects where (i) all c. Forthcoming: projects in respect of d. Land inventory: land in which any
construction has been title or development rights, or which (i) all title or development rights of the Company/subsidiaries of
completed and occupancy other interest in the land is held or other interest in the land is held the Company/joint ventures of
certificates have been either directly or indirectly by the either directly or indirectly by the the Company/consolidated
granted by the relevant Company/subsidiaries of the Company/subsidiaries of the partnership firms of the Company
authorities Company/joint ventures of the Company/joint ventures of the hold interest, but on which there
Company/consolidated Company/consolidated partnership is no planned development as of
partnership firms of the firms of the Company; (ii) if required, the date hereof
Company; (ii) if required, all land applications have been made for
for the project has been conversion of use for the land for the
converted for the intended use; intended use; (iii) preliminary
(iii) the requisite approvals for management development plans are in
commencement of construction place; and (iv) architects have been
have been obtained identified

CDP Climate Disclosure Project MLDL Mahindra Lifespace Developers Limited


DTA Domestic Tariff Area MMR Mumbai Metropolitan Region
GRESB Global Real Estate Sustainability Benchmark MRDL Mahindra Residential Developers Limited
GRI Global Report Initiative MSFT Million Square Feet
IC & IC Integrated Cities & Industrial Clusters MWC Mahindra World City
IFC International Finance Corporation MWCDL Mahindra World City Developers Limited
IND AS Indian Accounting Standards MWCJL Mahindra World City (Jaipur) Limited
M&M Mahindra & Mahindra Limited NCR National Capital Region
MBDL Mahindra Bloomdale Developers Limited RIICO Rajasthan State Industrial Development & Investment Corporation Ltd.
MHDL Mahindra Happinest Developers Limited SBTi Science Based Target Initiative
MHPL Mahindra Homes Private Limited SEZ Special Economic Zone
MIPCL Mahindra Industrial Park Chennai Limited TCFD Task Force on Climate related Financial Disclosure
MIPPL Mahindra Industrial Park Private Limited TIDCO Tamil Nadu Industrial Development Corporation Ltd.
MITL Mahindra Integrated Township Limited MLDL Mahindra Lifespace Developers Limited
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