Mahindra Lifespace Developers Limited

rs,

28 April 2026 BSE Limited Corporate Services, Piroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 National Stock Exchange of India Limited Exchange Plaza, Bandra K

, MW

int ventures / associates engaged in the real estate business (mainly MLDL, MHPL, MBDL, MBLDL, MHDL, MWCDL, MWCJL, MIPCL & MIPPL). 1 Blossom, Bengaluru MLDL Strategic Update PRM/KA/RERA/1251/446/PR/1

40%

s in FY 26: Blossom, NewHaven, Marina64, Citadel T-L, Lakewoods H&I — Sustenance sales contributed ~40% of FY26 sales (Vista, IvyLush, Citadel) Resi update • RERA received for Mahindra Rainforest • Str

25%

• Ongoing land aggregation in OP. Financials • FY 26 Consolidated Resi & IC&IC sales of 4118 Cr (25% YoY growth) • Strong delivery with PAT of 298 Cr (~5x growth over FY25) • Healthy Resi collections

5x

Consolidated Resi & IC&IC sales of 4118 Cr (25% YoY growth) • Strong delivery with PAT of 298 Cr (~5x growth over FY25) • Healthy Resi collections in FY 26 (2107 Cr, 15% YoY growth) • Robust balance sh

15%

ng delivery with PAT of 298 Cr (~5x growth over FY25) • Healthy Resi collections in FY 26 (2107 Cr, 15% YoY growth) • Robust balance sheet with net debt-equity of -0.27 (cost of debt: 7.6%). 4 FY26 GDV

7.6%

FY 26 (2107 Cr, 15% YoY growth) • Robust balance sheet with net debt-equity of -0.27 (cost of debt: 7.6%). 4 FY26 GDV additions of 18K Cr 10.6K GDV added in FY26 7.5K Lokhandwala 2, Mumbai Mulund,

Rs 2200

Project Highlights • • • Added 2 more societies in the cluster, taking to the total GDV to Rs 2200 Cr • Centrally located in premium Lokhandwala market, within 15 minutes from upcoming Verso

Rs 3,500

• Others Pipeline Projects to be launched (C) Total GDV Potential (A+B+C) Other key projects (Rs 3,500 Cr) • Jaipur Residential (2000) • Murud (1500) Pre FY24 (550) • Santacruz West, Mumbai (550) FY24--

35%

plan Rs Cr 9,500 Sustenance New Launches Major contributors New Launches Sustenance 2,804 35% 65% FY25 FY25 3,405 40% 60% FY26 FY26 59% 41% FY27 FY27 65% 35% FY28 FY28 67% 75%

65%

Rs Cr 9,500 Sustenance New Launches Major contributors New Launches Sustenance 2,804 35% 65% FY25 FY25 3,405 40% 60% FY26 FY26 59% 41% FY27 FY27 65% 35% FY28 FY28 67% 75% 33%

60%

ew Launches Major contributors New Launches Sustenance 2,804 35% 65% FY25 FY25 3,405 40% 60% FY26 FY26 59% 41% FY27 FY27 65% 35% FY28 FY28 67% 75% 33% FY29 FY29 25% FY30 FY30

“No offering of securities of the Company will be made except by means of a statutory offering document.”

“Financials • FY 26 Consolidated Resi & IC&IC sales of 4118 Cr (25% YoY growth) • Strong delivery with PAT of 298 Cr (~5x growth over FY25) • Healthy Resi collections in FY 26 (2107 Cr, 15% YoY growth) • Robust balance sheet with net debt-equity of -0.27 (cost of debt: 7.6%).”

“10 Financial – Highlights Rs Cr Sales Residential IC&IC Revenues GDV Q4 FY26: 1633 Cr FY26: 3405 Cr (Q4 FY25: 1055 Cr FY25: 2804 Cr) Q4 FY26: 360 Cr FY26: 713 Cr (Q4 FY25: 211 Cr FY25: 495 Cr) Q4 FY26: Nil FY26: 18060* Cr (Q4 FY25: 3650 Cr FY25: 18100 Cr) Resi Collections Net Debt to Equity1 Cost of Debt Q4 FY26: 635 Cr FY26: 2107 Cr (Q4 FY25: 466 Cr FY25: 1831 Cr) Q4 FY26: -0.27 (Q4 FY25: 0.39) Q4 FY26: 7.6% (Q4 FY25: 8.8%) Note: 1.”

“* Includes GDV for Thane (7500 Cr) 11 Financials - Segment performance Rs Cr SEGMENT RESULTS FY26 FY25 Resi IC&IC Total Resi IC&IC Total Area Sold (msft) / Land Leased (acres) 3.53 msft 138.4 acres Sales / IC&IC revenues Income from Operations (+) Other Income Total Income (-) Cost of Sales (-) Other Operating Expenses EBITDA (excl.”

“Cr) 1,055 1.03 449 0.58 1.17 752 572 0.60 1633 1.18 466 518 568 635 386 182 116 137 138 152 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY 26 Q4 FY 26 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY 26 Launches (msft) Completions (msft) 1.89 1.39 1.55 0.90 0.82 0.20 1.41 0.87 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q4 FY25 Nil Q1 FY26 Nil Q2 FY26 Q3 FY26 Q4 FY26 Note: All figures correspond to MLDL and associates, including JD partner share & commercial units that are part of residential development wherever applicable.”

“| #Project under Joint Development (JD).”

“| #Project under Joint Development (JD).”

“Ongoing: projects where (i) all title or development rights, or other interest in the land is held either directly or indirectly by the Company/subsidiaries of the Company/joint ventures of the Company/consolidated partnership firms of the Company; (ii) if required, all land for the project has been converted for the intended use; (iii) the requisite approvals for commencement of construction have been obtained c.”

“Science Based Target Initiative Special Economic Zone Task Force on Climate related Financial Disclosure Tamil Nadu Industrial Development Corporation Ltd.”

Ref

1

Classification of projects is as under

1

Ref

Intimation of earnings conference call vide letter dated 22 April 2026 Dear Sir / Madam, Further to our letter dated 22 April 2026 giving advance intimation of the earnings call for the 4th quarter and Financial year ended 31 March 2026 (“Mahindra Lifespace Developers Limited Q4&FY26 Earnings Update”), please find enclosed herewith the Earnings Presentation for the said Investor meet, inter-alia, encompassing an overview of the Company, its operations and the Audited Standalone and Consolidated Financial Results for the 4th quarter and Financial year ended 31 March 2026. same The the Company on https://www.mahindralifespaces.com/investor-center/?category=investor-presentation. the website uploaded also of is at Thanking you, Yours faithfully, For Mahindra Lifespace Developers Limited Bijal Parmar Company Secretary & Compliance Officer Encl: As above Rainforest, Mumbai Investor Presentation RERA Reg no. : PM1181012502957 & PR1181012502956 Q4FY26 Disclaimer This presentation and the acco

Classification of projects is as under

b. Ongoing: projects where (i) all title or development rights, or other interest in the land is held either directly or indirectly by the Company/subsidiaries of the Company/joint ventures of the Company/consolidated partnership firms of the Company; (ii) if required, all land for the project has been converted for the intended use; (iii) the requisite approvals for commencement of construction have been obtained c. Future Phases: projects in respect of which (i) all title or development rights or other interest in the land is held either directly or indirectly by the Company/subsidiaries of the Company/joint ventures of the Company/consolidated partnership firms of the Company; (ii) if required, applications have been made for conversion of use for the land for the intended use; (iii) preliminary management development plans are in place; and (iv) architects have been identified d. Pipeline Projects: land in which any of the Company/subsidiaries of the Company/joint ventures of the C