Good morning :)
Place Order
Add to Watchlist
Home
Portfolio
Search
GoldGold
More

Mindspace Business Parks REIT

MINDSPACE

Mindspace Business Parks REIT

MINDSPACE
Real EstateReal Estate
SmallcapWith a market cap of ₹20,155 cr, stock is ranked 345
Low RiskStock is 1.12x as volatile as Nifty
338.820.18% (+0.61)
338.820.18% (+0.61)

Price Chart

High
—
Low
—
Returns
—
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP
Real EstateReal Estate
SmallcapWith a market cap of ₹20,155 cr, stock is ranked 345
Low RiskStock is 1.12x as volatile as Nifty

How to use scorecard? Learn more

Real EstateReal Estate
SmallcapWith a market cap of ₹20,155 cr, stock is ranked 345
Low RiskStock is 1.12x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
38.331.351.40%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
64.204.370.68%

Forecast & Ratings

Detailed Forecast 
87%
Analysts have suggested that investors can buy this stock

from 15 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Mindspace Business Parks REIT is an India-based real estate investment trust (REIT). The Company owns office portfolio in India.

Peers

Compare with peers 
Compare with Peers

Get more out of Tickertape, Go Pro!

Customise key metrics, see detailed forecasts, download stock data and more

Forecasts

Price

Revenue

Earnings

Price Forecast

2023
Current
₹338.82
Baseline
Forecast for Aug 2025
High
₹—
Median
₹—
Low
₹—

All values in ₹

Loading...
2023
Current
₹338.82
Baseline
Forecast for Aug 2025
High
₹—
Median
₹—
Low
₹—

All values in ₹

Revenue Forecast

2024
Current
₹2.48
Baseline
Forecast for Mar 2025
High
₹—
Median
₹—
Low
₹—

All values in ₹ Thousand cr.

Loading...
2024
Current
₹2.48
Baseline
Forecast for Mar 2025
High
₹—
Median
₹—
Low
₹—

All values in ₹ Thousand cr.

Earnings Per Share Forecast

2024
Current
₹8.85
Baseline
Forecast for Mar 2025
High
₹—
Median
₹—
Low
₹—

All values in ₹

Loading...
2024
Current
₹8.85
Baseline
Forecast for Mar 2025
High
₹—
Median
₹—
Low
₹—

All values in ₹

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 7.93%, vs industry avg of 3.87%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 2.47% to 2.8%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 1.86%, vs industry avg of 14.36%

Loading...

Financial YearFY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue580.221,691.400.001,159.701,777.202,324.602,476.902,516.43
Raw Materialssubtract0.780.000.000.200.601.500.10742.80
Power & Fuel Costsubtract45.2269.600.0056.7083.40145.80162.70
Employee Costsubtract0.194.400.0011.5022.6028.7029.80
Selling & Administrative Expensessubtract65.18134.504.90109.30156.60169.10196.80
Operating & Other expensessubtract157.66209.600.00122.30206.40542.60337.60
Depreciation/Amortizationsubtract105.51219.600.00209.10328.90355.40382.70386.34
Interest & Other Itemssubtract214.50446.400.00171.30264.40343.10456.60476.52
Taxes & Other Itemssubtract-32.80128.400.00171.90290.50454.80385.60384.92
EPS2,941.86156.43-1.6010.377.154.788.858.87
DPS0.000.000.009.599.5918.454.7719.16
Payout ratio0.000.000.000.931.343.860.542.16
See Costs

EPS and DPS in ₹. Other numbers except Payout Ratio in ₹ cr

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF
FY 2022

Annual report

PDF
FY 2023

Annual report

PDF

Investor Presentation

Jun 16PDF
May 31PDF
May 4PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 1PDF
Jul 25PDF
 

Peers & Comparison

Comparing 3 stocks from 
Real EstateReal Estate

Valuation

Technical

Forecast

ScreenerCompare valuation on Screener

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Mindspace Business Parks REIT38.391.351.40%
DLF Ltd75.515.220.60%
Macrotech Developers Ltd80.597.110.18%
Godrej Properties Ltd110.007.74—

Price Comparison

Compare MINDSPACE with any stock or ETF
Compare MINDSPACE with any stock or ETF
MINDSPACE
Loading...

Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding63.48%0.86%2.32%19.24%14.10%

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Shareholding History

Dec '22MarJunSepDec '23Mar21.52%20.93%19.72%19.71%19.65%19.24%

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Mindspace Business Parks REIT

Loading...
Realty Tracker

Realty Tracker

Created by Windmill Capital

MINDSPACE's Wtg.
5.06%
CAGR
43.67%

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 2, 2024

Final
Final | Div/Share: ₹5.04

Dividend/Share

₹5.04

Ex DateEx Date

Aug 2, 2024

Cash Dividend

Ex DateEx DateMay 9, 2024

Final
Final | Div/Share: ₹4.77

Dividend/Share

₹4.77

Ex DateEx Date

May 9, 2024

Cash Dividend

Ex DateEx DateFeb 6, 2024

Final
Final | Div/Share: ₹4.80

Dividend/Share

₹4.80

Ex DateEx Date

Feb 6, 2024

Cash Dividend

Ex DateEx DateNov 6, 2023

Final
Final | Div/Share: ₹4.79

Dividend/Share

₹4.79

Ex DateEx Date

Nov 6, 2023

Cash Dividend

Ex DateEx DateJul 31, 2023

Final
Final | Div/Share: ₹4.80

Dividend/Share

₹4.80

Ex DateEx Date

Jul 31, 2023

News & Opinions
Corporate
Board of Mindspace Business Parks REIT recommends final dividend

Mindspace Business Parks REIT announced that the Board of Directors of the Company at its meeting held on 30 July 2024, inter alia, have recommended the final dividend of Rs 5.04 per equity Share (i.e. 1.83%) , subject to the approval of the shareholders.Powered by Capital Market - Live

1 month agoCapital Market - Live

Mindspace Business Parks REIT consolidated net profit rises 0.60% in the June 2024 quarter

1 month agoBusiness Standard
Earnings
Mindspace Business Parks REIT consolidated net profit rises 0.60% in the June 2024 quarter

Net profit of Mindspace Business Parks REIT rose 0.60% to Rs 128.27 crore in the quarter ended June 2024 as against Rs 127.50 crore during the previous quarter ended June 2023. Sales rose 7.54% to Rs 638.16 crore in the quarter ended June 2024 as against Rs 593.40 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales638.16593.40 8 OPM %71.2171.77 - PBDT331.23327.60 1 PBT234.32234.30 0 NP128.27127.50 1 Powered by Capital Market - Live

1 month agoCapital Market - Live

Mindspace REIT Q1FY25 results: Net operating income up 9 % to Rs 496 cr

1 month agoBusiness Standard
Corporate
Board of Mindspace Business Parks REIT recommends final dividend

Mindspace Business Parks REIT announced that the Board of Directors of the Company at its meeting held on 30 July 2024, inter alia, have recommended the final dividend of Rs 5.04 per equity Share (i.e. 1.83%) , subject to the approval of the shareholders.Powered by Capital Market - Live

1 month agoCapital Market - Live

Mindspace Business Parks REIT to invest Rs 3,500 cr to develop new office properties

1 month agoEconomic Times

Realty check: Avoid buying commercial real estate stocks, caution analysts

1 month agoBusiness Standard
Corporate
Mindspace Business Parks REIT to convene board meeting

Mindspace Business Parks REIT will hold a meeting of the Board of Directors of the Company on 30 July 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live

World Bank member IFC invests Rs 650 cr in Mindspace REIT’s sustainability-linked bonds

2 months agoEconomic Times

Mindspace becomes first Indian REIT to issue sustainability-linked bonds

2 months agoBusiness Standard