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TRANSFORMING URBAN LANDSCAPES FOR mahlndra LIFESPACES 25 YEARS 23 rd January 2021 BSE Limited National Stock Exchange of India Limited Corporate Services, Exchange Plaza, Piroze Jeejeebhoy Towers, Sandra Kurla Complex, Dalal Street, Sandra (East) , Mumbai 400051 Mumbai - 400 001 Listing: http://listinq.bseindia .com Listing : https://www .connect2nse.com/LISTING/ Re : Security BSE NSE ISIN Equity Shares 532313 MAHLIFE INE813A01018 Sub: Intimation under Regulation 30(2) of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR") . Dear Sir/ Madam, Pursuant to Regulation 30(2) of the SEBI LODR, enclosed is the presentation on the Company's financial & operational results for the 3rd quarter and nine months period ended on 31 st December 2020. This will also be uploaded on the website of the Company http://www.mahindralifespaces.com. Kindly take the same on your record and display the same on your website. Yours faithfully, For Mahindra Lifespace Developers Limited Ankit Shah Assistant Company Secretary & Compliance Officer Encl. : a/a Mahindra Lifespace Developers Ltd. CIN • L45200MH1999PLC118949 Mahindra Towers, 5th Floor, Dr. G. M. Bhosale Marg, Worli, Mumbai 400 018, India Tel.: +91 22 67478600 / 8601 www.mahindralifespaces.com Actual Image of eVolve, MWC Jaipur CORPORATE PRESENTATION – Q3 FY21 1 Disclaimer This presentation and the accompanying slides (the "Presentation"), which have been prepared by “Mahindra Lifespace Developers Limited” (the "Company"), solely for information purposes 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 on 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 containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of 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. Such forward-looking statements are not guaranteeing of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the logistics industry in India and world-wide, competition, the company's ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company's market preferences and its exposure to market risks, as well as other risks. 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 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 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 MAHINDRA GROUP A federation of companies, bound by one purpose – to Rise. Inspired by this spirit, our legacy and values, our goal to always positively impact our partners, stakeholders, communities and the world at large, remains unshakeable US$ 19.4 BN GROUP REAL ESTATE IS ONE THE KEY SECTORS OF THE GROUP PRESENCE IN 100+ COUNTRIES 250,000+ EMPLOYEES 50% REVENUE FROM OUTSIDE INDIA R&D FACILITIES ACROSS 10 COUNTRIES 72 MANUFACTURING FACILITIES GLOBALLY Source: M&M Group profile as of FY20 3 Promoters MAHINDRA LIFESPACES 21.8% FPI / FII 14.4% Business Segments Mutual Funds 51.5% 12.4% Others INTEGRATED CITIES & RESIDENTIAL INDUSTRIAL CLUSTERS HOUSING Integrated Cities Industrial Clusters Mid-Premium Affordable • 4437 acres of Developable Area • 629 acres of Developable Area • 21.27 msft of Development footprint • 4.44 msft of Development footprint • Locations of CHENNAI and • Locations of CHENNAI and • 16.67 msft of Completed Development • 1.14 msft of Completed Development JAIPUR AHMEDABAD (Pune • 4.60 msft of Ongoing and Forthcoming • 3.30 msft of Ongoing and Forthcoming projects projects forthcoming) • Focus on MMR, Pune and Bangalore geographies • Pioneer in the Integrated Cities and Industrial Cluster business • Target ticket size: 0.5 crores to 4 crores in the mid-premium • Pan India presence across Golden Quadrilateral and the Delhi segment and 0.2 crores to 0.5 crores in affordable segment Mumbai Industrial corridor • Non-speculative land acquisition in developed markets within defined parameters and guardrails. • Focus on accelerated leasing across all locations with focus on clients from US, Korea, Japan, Germany & others • Value maximization via differentiated customer experience and thoughtfully designed products 4 The Evolution…. • JV with Sumitomo • Partnered with IFC & HDFC • Mahindra Group forays • Launches its first large • JV with SCM Real Corporation for establishing Capital. into the real estate • Mahindra Group forays into the format integrated Estate (Singapore) industrial park in North • Rights Issue of Rs. 300 Crs business as Mahindra real estate business as business city - Pvt. Ltd. for Chennai • Launched an Industrial Clusters RealtyMahindra & Realty Infrastructure & Infrastructure Mahindra World City, residential project • Launch of first international brand “Origins by Mahindra DevelopersDevelopers Limited Limited (MRIDL) Chennai development office in Dubai World City” (MRIDL) 19941994 20012001 20022002 2006-072007 2008 20132012 20142014 20152015 20162016 20172017 • MRIDL and GESCO merge to • Launch of second World • Launch of new business • Partnered with TERI to set up form Mahindra Gesco City at Jaipur vertical - Happinest focused Mahindra TERI Centre of Developers Ltd. on low-cost housing Excellence for Sustainable Habitats 5 Awards & Recognitions ET Best Realty Brands 2015 2015 Mint Strategy Award for Construction, Real Estate and Steel Porter Prize For Excellence In Governance Mahindra Lifespaces ranked 2nd in Asia, in the 2016 ‘Diversified’/’Listed’ category of real estate companies, in the Global Real Estate Sustainability Benchmarking (GRESB) report. Ranked 29th in the list of Great Places to Work in India, in the 2017 ‘Mid-sized Companies’ category Great Places To Work, 2019 India’s Top Builder, 2018 Best PPP model (Mahindra World City) Mahindra Lifespace Developers Limited ranked among the ‘Top MINT Strategy Award, 2015 fDi Award GFZ, 2019 100 Best Companies for Women in India’ 2018 Construction World Architect and Builders Award, One of India’s Top Builders Ranked 17th in the list of Great Places to Work in India, in the ‘Mid-sized Companies’ category 2019 fDi Global Free Zones of the Year 2019 - bespoke award in deployment of technology Mahindra World City in Chennai and Jaipur recognized as most promising global free zones by fDi magazine 2020 One of India's Top Builders at the 15th Construction World Architect & Builder Awards 2020 6 Sustainability 7 01 HIGHLIGHTS 02 INTEGRATED CITIES AND INDUSTRIAL CLUSTERS 03 RESIDENTIAL BUSINESS 04 FINANCIALS 05 MANAGEMENT & DIRECTORS 8 Section 1: Operational Highlights Integrated Cities & Industrial Clusters Residential YTD Q3 YTD Q3 Rs Crs 349 195 MWC, Jaipur acres 17.7 9.7 Sales msft 0.54 0.31 MWC, Chennai acres* 10.1 7.5 Collections (in Rs Crs) 503 297 Total acres 27.8 17.2 Handovers (units) 160 72 Completed Development of 0.32 msft during Q3FY21 Pune: Antheia$ (0.16 msft) and MMR: Palghar I (0.14 msft) & Eminente (0.02 msft) All figures in residential segment correspond to MLDL & associates, including JD partner share where applicable. * Includes YTD: 7.8 acres, Q3: 7.0 of land leased outside the boundary of MWC, Chennai $ Occupancy Certificate received for Antheia project; Revenue recognition planned in Q4FY21 9 Section 1: Financial Highlights All figures in Rs. Crs For MLDL Consolidated (As per IND AS) Q3 FY21 Q2 FY21 Q3 FY20 9M FY21 9M FY20 Total Income 70.2 37.4 85.0 129.7 535.1 EBIDTA** -2.9 -7.7 5.9 -29.7 45.4 PAT (after Minority Interest) -11.2 -13.0 1.8 -44.5 30.5 For MLDL Consolidated (As per IND AS) 9M FY21 FY20 FY 19 FY 18 Total Income 129.7 645.9