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Mindspace Business Parks REIT

MINDSPACE Share Price

389.720.06% (-0.25)
High
Low
Returns
1D
1W
1M
1Y
5Y
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1M
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MINDSPACE Performance & Key Metrics

MINDSPACE Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
42.321.366.63%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
48.314.160.98%

MINDSPACE Analyst Ratings & Forecast

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

from 15 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

MINDSPACE Company Profile

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

MINDSPACE Similar Stocks (Peers)

Compare with peers Compare with peers 

MINDSPACE Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
48.18
48.18
1Y Return
2.61%
2.61%
Buy Reco %
84.21
84.21
PE Ratio
52.37
52.37
1Y Return
5.60%
5.60%
Buy Reco %
73.33
73.33
PE Ratio
51.61
51.61
1Y Return
20.75%
20.75%
Buy Reco %
33.33
33.33
PE Ratio
152.38
152.38
1Y Return
11.56%
11.56%
Buy Reco %
94.44
94.44
PE Ratio
31.05
31.05
1Y Return
1.64%
1.64%
Buy Reco %
60.00
60.00
Compare with Peers

MINDSPACE Sentiment Analysis

MINDSPACE Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

MINDSPACE Stock Summary · January 2025

Company is navigating a complex landscape characterized by declining market share in deposits, challenges in meeting Priority Sector Lending (PSL) obligations, and fluctuations in current account flows. Despite these hurdles, the bank is focusing on enhancing customer engagement and service delivery to drive deposit growth, with recent monthly inflows showing a positive trend. The management emphasizes a strategic approach to maintaining profitability over aggressive expansion, particularly in light of competitive pressures and a tight liquidity environment. Efforts to improve operational efficiencies through digitization and a commitment to stable cost management are underway, alongside a proactive strategy to reduce borrowings and strengthen the balance sheet. Overall, while facing short-term challenges, the bank remains optimistic about future performance and is committed to achieving sustainable growth through strategic investments and improved customer outreach.

MINDSPACE Stock Growth Drivers
MINDSPACE Stock Growth Drivers
0
No ProsHmm, looks like there are no
growth drivers
MINDSPACE Stock Challenges
MINDSPACE Stock Challenges
0
No ConsHmm, looks like there are no
challenges

MINDSPACE Forecast

What are forecasts?

What are forecasts?

Forecasting uses historical data as inputs to make informed predictive estimates determining the direction of future trends. Price, revenue & earnings forecasts represent where the stock level, business prospects and profits are potentially expected to be at the end of the forecast period

MINDSPACE Forecasts

Price

Revenue

Earnings

MINDSPACE

MINDSPACE

Income

Balance Sheet

Cash Flow

MINDSPACE Income Statement

MINDSPACE 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 3.82%

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 2.49% to 2.7%

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 14.58%

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Financial YearFY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue1,691.400.001,159.701,777.202,324.602,476.892,675.632,675.62
Raw Materialssubtract0.000.000.200.601.500.100.00744.21
Power & Fuel Costsubtract69.600.0056.7083.40145.80162.70167.80
Employee Costsubtract4.400.0011.5022.6028.7029.7830.29
Selling & Administrative Expensessubtract134.504.90109.30156.60169.10217.87268.21
Operating & Other expensessubtract209.600.00122.30206.40542.60316.54277.92
Depreciation/Amortizationsubtract219.600.00209.10328.90355.40382.65405.98405.99
Interest & Other Itemssubtract446.400.00171.30264.40343.10456.63557.27557.28
Taxes & Other Itemssubtract128.400.00171.90290.50454.80385.57491.88491.88
EPS78.32-1.6010.377.154.788.857.927.82
DPS0.000.009.5918.4519.1019.1621.9515.51
Payout ratio0.000.000.932.583.992.162.771.98

MINDSPACE Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
 

MINDSPACE Stock Peers

What are peers and why compare against them?

What are peers and why compare against them?

A stock's peers are companies which have similar business interests, operations and belong to the same industry sector. Comparing various metrics against peers can give valuable insights on whether the company's stock is over/under-valued and the company's growth outlook vs the industry as a whole

MINDSPACE Past Performance & Peer Comparison

MINDSPACE Past Performance & Peer Comparison

Comparing 3 stocks from 
Real EstateReal Estate

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Mindspace Business Parks REIT42.321.366.63%
DLF Ltd48.185.340.71%
Macrotech Developers Ltd52.378.250.29%
Godrej Properties Ltd51.617.01

MINDSPACE Stock Price Comparison

Compare MINDSPACE with any stock or ETF
Compare MINDSPACE with any stock or ETF
MINDSPACE
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MINDSPACE Holdings

MINDSPACE Shareholdings

What are shareholdings?

What are shareholdings?

Apart from retail investors, a company’s shares are held by promoters, foreign & domestic institutions (large investors) and mutual funds. Promoters are the ship captains and control the company’s direction. Along with institutional and mutual fund holdings, a change in their holdings can indicate performance outlook for the stock

MINDSPACE Promoter Holdings Trend

MINDSPACE 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

MINDSPACE Institutional Holdings Trend

MINDSPACE 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

MINDSPACE Shareholding Pattern

MINDSPACE Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding64.45%5.16%4.51%13.41%12.48%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

MINDSPACE Shareholding History

MINDSPACE Shareholding History

Dec '23MarJunSepDec '24Mar19.65%19.24%18.64%19.04%13.58%13.41%

MINDSPACE Insider Trades & Bulk Stock Deals

MINDSPACE Insider Trades & Bulk Stock Deals

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

smallcases containing MINDSPACE stock

smallcases containing MINDSPACE stock

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

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Realty Tracker

Realty Tracker

Created by Windmill Capital

MINDSPACE's Wtg.
7.00%
7.00%
CAGR
34.15%
Safe Haven Model

Safe Haven Model

Created by Windmill Capital

MINDSPACE's Wtg.
9.46%
9.46%
CAGR
26.23%

MINDSPACE Events

MINDSPACE Events

MINDSPACE Dividend Trend

Increasing Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

MINDSPACE has increased dividends consistently over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 6.63%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹66.34 every year

Dividends

Corp. Actions

Announcements

Legal Orders

What are dividends?

What are dividends?

Dividends are a portion of earnings that a company distributes to all its shareholders every year. Dividend return is one of the most important things to be considered while investing for long term. It’s the additional return on top of what investors earn through price appreciation

MINDSPACE Dividend Trend

Increasing Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

MINDSPACE has increased dividends consistently over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 6.63%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹66.34 every year

MINDSPACE Upcoming Dividends

MINDSPACE Upcoming Dividends

No upcoming dividends are available

MINDSPACE Past Dividends

MINDSPACE Past Dividends

Cash Dividend

Ex DateEx DateMay 6, 2025

Final
Final | Div/Share: ₹6.44

Dividend/Share

6.44

Ex DateEx Date

May 6, 2025

Cash Dividend

Ex DateEx DateJan 29, 2025

Final
Final | Div/Share: ₹5.32

Dividend/Share

5.32

Ex DateEx Date

Jan 29, 2025

Cash Dividend

Ex DateEx DateOct 30, 2024

Final
Final | Div/Share: ₹5.15

Dividend/Share

5.15

Ex DateEx Date

Oct 30, 2024

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 DateFeb 5, 2024

Final
Final | Div/Share: ₹4.80

Dividend/Share

4.80

Ex DateEx Date

Feb 5, 2024

MINDSPACE Stock News & Opinions

MINDSPACE Stock News & Opinions

Corporate
Mindspace Business Parks REIT to hold AGM

Mindspace Business Parks REIT announced that the 5th Annual General Meeting(AGM) of the company will be held on 24 June 2025.Powered by Capital Market - Live

1 week agoCapital Market - Live
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 April 2025, inter alia, have recommended the final dividend of Rs 6.44 per equity Share (i.e. 2.341818%) , subject to the approval of the shareholders.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Mindspace Business Parks REIT consolidated net profit declines 26.77% in the March 2025 quarter

Net profit of Mindspace Business Parks REIT declined 26.77% to Rs 86.85 crore in the quarter ended March 2025 as against Rs 118.60 crore during the previous quarter ended March 2024. Sales rose 13.53% to Rs 704.14 crore in the quarter ended March 2025 as against Rs 620.24 crore during the previous quarter ended March 2024. For the full year,net profit declined 9.29% to Rs 476.28 crore in the year ended March 2025 as against Rs 525.04 crore during the previous year ended March 2024. Sales rose 8.04% to Rs 2660.47 crore in the year ended March 2025 as against Rs 2462.39 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales704.14620.24 14 2660.472462.39 8 OPM %72.0071.24 -72.1571.95 - PBDT354.62326.58 9 1377.461329.66 4 PBT250.28232.56 8 971.47947.00 3 NP86.85118.60 -27 476.28525.04 -9 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Mindspace Business Parks REIT schedules board meeting

Mindspace Business Parks REIT will hold a meeting of the Board of Directors of the Company on 30 April 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Mindspace Business Parks REIT to conduct board meeting

Mindspace Business Parks REIT will hold a meeting of the Board of Directors of the Company on 21 April 2025.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Mindspace Business Parks REIT to hold board meeting

Mindspace Business Parks REIT will hold a meeting of the Board of Directors of the Company on 29 January 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Mindspace REIT receives issuer rating of ICRA AAA; Stable

Mindspace Business Parks REIT announced that ICRA has reaffirmed its issuer credit rating at ICRA AAA; Stable. Also, ICRA has assigned/ reaffirmed ICRA AAA; Stable / ICRA A1+ credit rating assigned to Mindspace REIT Non Convertible Debentures / Commercial Paper. Powered by Capital Market - Live

7 months agoCapital Market - Live
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 25 October 2024, inter alia, have recommended the final dividend of Rs 5.15 per equity Share (i.e. 1.87%) , subject to the approval of the shareholders.Powered by Capital Market - Live

7 months agoCapital Market - Live
Earnings
Mindspace Business Parks REIT consolidated net profit declines 11.01% in the September 2024 quarter

Net profit of Mindspace Business Parks REIT declined 11.01% to Rs 125.63 crore in the quarter ended September 2024 as against Rs 141.17 crore during the previous quarter ended September 2023. Sales rose 1.69% to Rs 648.88 crore in the quarter ended September 2024 as against Rs 638.09 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales648.88638.09 2 OPM %72.1071.37 - PBDT340.64342.58 -1 PBT242.29245.07 -1 NP125.63141.17 -11 Powered by Capital Market - Live

7 months agoCapital Market - Live
Earnings
Mindspace Business Parks REIT standalone net profit declines 31.30% in the September 2024 quarter

Net profit of Mindspace Business Parks REIT declined 31.30% to Rs 197.87 crore in the quarter ended September 2024 as against Rs 288.00 crore during the previous quarter ended September 2023. Sales declined 15.74% to Rs 291.79 crore in the quarter ended September 2024 as against Rs 346.30 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales291.79346.30 -16 OPM %97.8898.64 - PBDT198.18288.10 -31 PBT198.18288.10 -31 NP197.87288.00 -31 Powered by Capital Market - Live

7 months agoCapital Market - Live

MINDSPACE Stock FAQs

MINDSPACE Stock FAQs

  1. How to Buy Mindspace Business Parks REIT Shares?

    You can easily buy the stocks/shares of Mindspace Business Parks REIT (MINDSPACE) on Tickertape or through broker platform by opening a Demat & Trading account online

  2. What is the Share Price of Mindspace Business Parks REIT?

    The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of MINDSPACE as on 15th May 2025 is ₹389.72

  3. What is the return on Mindspace Business Parks REIT share?

    The past returns of Mindspace Business Parks REIT (MINDSPACE) share are
    • Past 1 week: N/A
    • Past 1 month: -91.05
    • Past 3 months: 16.77
    • Past 6 months: 15.10
    • Past 1 year: 23.67
    • Past 3 years: 19.23
    • Past 5 years: 38.66

  4. What is the Dividend yield % on Mindspace Business Parks REIT share?

    The current dividend yield of Mindspace Business Parks REIT (MINDSPACE) is 6.63

  5. What is the Market Cap of Mindspace Business Parks REIT?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Mindspace Business Parks REIT (MINDSPACE) is ₹20155.50Cr as of 15th May 2025

  6. What is the 52 Week High and Low of Mindspace Business Parks REIT?

    The 52-week high and low of Mindspace Business Parks REIT (MINDSPACE) is ₹425.79 and ₹330.35.

  7. What is the PE and PB ratio of Mindspace Business Parks REIT?

    The P/E (price-to-earnings) and P/B (price-to-book) ratios of Mindspace Business Parks REIT are 42.32 and 1.36 respectively.

  8. Which sector does Mindspace Business Parks REIT belong to?

    Mindspace Business Parks REIT (MINDSPACE) belongs to the Real Estate sector & Real Estate sub-sector.

  9. What are the peers or stocks similar to Mindspace Business Parks REIT?

    The peers or stocks similar to Mindspace Business Parks REIT are: and many others.

  10. Can't decide whether or not to buy Mindspace Business Parks REIT?

    Worry no more! Login to Tickertape and check out Mindspace Business Parks REIT (MINDSPACE) scorecard & all the relevant insights today

  11. 5. Test Stocks FAQ What is the 52 Week High and Low of Mindspace Business Parks REIT?

    The 52-week high and low of Mindspace Business Parks REIT (MINDSPACE) is ₹425.79 and ₹330.35.

  12. 1. Test Stocks FAQ for Mindspace Business Parks REIT Shares?

    You can easily buy the stocks/shares of Mindspace Business Parks REIT (MINDSPACE) on Tickertape or through broker platform by opening a Google & Trading account online

  13. 3. Test Stocks FAQ What is the Share Price of Mindspace Business Parks REIT?

    The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of MINDSPACE as on 15th May 2025 is ₹389.72