Mindspace Business Parks REIT
MINDSPACEMindspace Business Parks REIT
MINDSPACEPrice Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
38.38 | 1.35 | 1.40% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
65.02 | 4.54 | 0.69% |
Forecast & Ratings
Detailed Forecast from 15 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Mindspace Business Parks REIT is an India-based real estate investment trust (REIT). The Company owns office portfolio in India.
Investor Presentation
View olderPeers
Compare with peersDLF Ltd
Macrotech Developers Ltd
Godrej Properties Ltd
Prestige Estates Projects Ltd
Oberoi Realty Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 580.22 | 1,691.40 | 0.00 | 1,159.70 | 1,777.20 | 2,324.60 | 2,476.90 | 2,476.90 | ||||||||
Raw Materials | 0.78 | 0.00 | 0.00 | 0.20 | 0.60 | 1.50 | 0.10 | 726.60 | ||||||||
Power & Fuel Cost | 45.22 | 69.60 | 0.00 | 56.70 | 83.40 | 145.80 | 162.70 | |||||||||
Employee Cost | 0.19 | 4.40 | 0.00 | 11.50 | 22.60 | 28.70 | 29.80 | |||||||||
Selling & Administrative Expenses | 65.18 | 134.50 | 4.90 | 109.30 | 156.60 | 169.10 | 196.80 | |||||||||
Operating & Other expenses | 157.66 | 209.60 | 0.00 | 122.30 | 206.40 | 542.60 | 337.60 | |||||||||
EBITDA | 311.19 | 1,273.30 | -4.90 | 859.70 | 1,307.60 | 1,436.90 | 1,749.90 | 1,750.30 | ||||||||
Depreciation/Amortization | 105.51 | 219.60 | 0.00 | 209.10 | 328.90 | 355.40 | 382.70 | 382.70 | ||||||||
PBIT | 205.68 | 1,053.70 | -4.90 | 650.60 | 978.70 | 1,081.50 | 1,367.20 | 1,367.60 | ||||||||
Interest & Other Items | 214.50 | 446.40 | 0.00 | 171.30 | 264.40 | 343.10 | 456.60 | 456.80 | ||||||||
PBT | -8.82 | 607.30 | -4.90 | 479.30 | 714.30 | 738.40 | 910.60 | 910.80 | ||||||||
Taxes & Other Items | -32.80 | 128.40 | 0.00 | 171.90 | 290.50 | 454.80 | 385.60 | 385.70 | ||||||||
Net Income | 23.98 | 478.90 | -4.90 | 307.40 | 423.80 | 283.60 | 525.00 | 525.10 | ||||||||
EPS | 2,941.86 | 156.43 | -1.60 | 10.37 | 7.15 | 4.78 | 8.85 | 8.85 | ||||||||
DPS | 0.00 | 0.00 | 0.00 | 9.59 | 9.59 | 18.45 | 4.77 | 19.20 | ||||||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.93 | 1.34 | 3.86 | 0.54 | 2.17 |
Company Updates
Peers & Comparison
Real EstateReal Estate
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Mindspace Business Parks REIT | 38.39 | 1.35 | 1.40% |
DLF Ltd | 73.68 | 5.10 | 0.62% |
Macrotech Developers Ltd | 89.62 | 7.91 | 0.16% |
Godrej Properties Ltd | 118.82 | 8.37 | — |
Price Comparison
Compare MINDSPACE with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Shareholding History
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
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 DateMay 9, 2024
Dividend/Share
₹4.77
Ex DateEx Date
May 9, 2024
Cash Dividend
Ex DateEx DateFeb 6, 2024
Dividend/Share
₹4.80
Ex DateEx Date
Feb 6, 2024
Cash Dividend
Ex DateEx DateNov 6, 2023
Dividend/Share
₹4.79
Ex DateEx Date
Nov 6, 2023
Cash Dividend
Ex DateEx DateJul 31, 2023
Dividend/Share
₹4.80
Ex DateEx Date
Jul 31, 2023
Cash Dividend
Ex DateEx DateMay 10, 2023
Dividend/Share
₹4.81
Ex DateEx Date
May 10, 2023
Realty check: Avoid buying commercial real estate stocks, caution analysts
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
World Bank member IFC invests Rs 650 cr in Mindspace REIT’s sustainability-linked bonds
Mindspace becomes first Indian REIT to issue sustainability-linked bonds
Mindspace REIT Q4 Review - Leasing Momentum Picks Up, To Flow Into Distributions From FY25E: ICICI Securities
Mindspace REIT sees record leasing in Q4
Viksit budget for viksit bharat- Ramesh Nair, CEO, Mindspace Business Parks REIT
Mindspace Business Parks REIT appoints Ramesh Nair as new CEO
K Raheja Corp-backed Mindspace Business Parks REIT rejigs top management
Mindspace REIT’s NOI up 13.8% YoY on strong leasing momentum
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 7.93%, vs industry avg of 4.02%
Increasing Market Share
Over the last 5 years, market share increased from 2.46% to 2.78%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 1.86%, vs industry avg of 15.45%