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Mindspace Business Parks REIT

MINDSPACE Share Price

395.750.64% (+2.51)
High
—
Low
—
Returns
—
1D
1W
1M
1Y
5Y
Max
SIP
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1D
1W
1M
1Y
5Y
Max
SIP
Real Estate
Real Estate
Smallcap

With a market cap of ₹20,155 cr, stock is ranked 335

Low Risk

Stock is 0.98x as volatile as Nifty

How to use scorecard? Learn more

Real Estate
Real Estate
Smallcap

With a market cap of ₹20,155 cr, stock is ranked 335

Low Risk

Stock is 0.98x as volatile as Nifty

MINDSPACE Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
42.321.366.63%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
43.174.020.76%

MINDSPACE Analyst Ratings & Forecast

Detailed Forecast 
86%
Analysts have suggested that investors can buy this stock

from 14 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 
DLF Ltd
DLF
PE Ratio
43.97
1Y Return
8.45%
Buy Reco %
86.36
Macrotech Developers Ltd
LODHA
PE Ratio
50.89
1Y Return
7.40%
Buy Reco %
76.47
Godrej Properties Ltd
GODREJPROP
PE Ratio
46.57
1Y Return
23.06%
Buy Reco %
80.00
Oberoi Realty Ltd
OBEROIRLTY
PE Ratio
28.23
1Y Return
2.61%
Buy Reco %
60.00
Prestige Estates Projects Ltd
PRESTIGE
PE Ratio
44.50
1Y Return
11.47%
Buy Reco %
88.89
Compare with Peers

MINDSPACE Forecasts

MINDSPACE Forecast

Price

Revenue

Earnings

MINDSPACE Share Price Forecast

2025
Current
₹395.75
Baseline
Forecast for May 2026
High
₹—
Median
₹—
Low
₹—

All values in ₹

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2025
Current
₹395.75
Baseline
Forecast for May 2026
High
₹—
Median
₹—
Low
₹—

All values in ₹

MINDSPACE Company Revenue Forecast

2025
Current
₹2.68
Baseline
Forecast for Mar 2026
High
₹—
Median
₹—
Low
₹—

All values in ₹ Thousand cr.

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2025
Current
₹2.68
Baseline
Forecast for Mar 2026
High
₹—
Median
₹—
Low
₹—

All values in ₹ Thousand cr.

MINDSPACE Stock EPS (Earnings Per Share) Forecast

2025
Current
₹7.92
Baseline
Forecast for Mar 2026
High
₹—
Median
₹—
Low
₹—

All values in ₹

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2025
Current
₹7.92
Baseline
Forecast for Mar 2026
High
₹—
Median
₹—
Low
₹—

All values in ₹

MINDSPACE

Income

Balance Sheet

Cash Flow

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 3.81%

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 2.5% 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 14.59%

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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
DPS0.000.009.5918.4519.1019.1621.9520.28
Payout ratio0.000.000.932.583.992.162.772.59
See Costs

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

MINDSPACE 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
 

MINDSPACE Past Performance & Peer Comparison

Comparing 3 stocks from 
Real EstateReal Estate

Valuation

Technical

Forecast

ScreenerCompare valuation on Screener

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Mindspace Business Parks REIT42.321.366.63%
DLF Ltd43.974.870.77%
Macrotech Developers Ltd50.898.020.30%
Godrej Properties Ltd46.576.33—

MINDSPACE Stock Price Comparison

Compare MINDSPACE with any stock or ETF
Compare MINDSPACE with any stock or ETF
MINDSPACE
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MINDSPACE Shareholdings

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

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

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

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

MINDSPACE Insider Trades & Bulk Stock Deals

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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.
5.00%
CAGR
24.45%

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

MINDSPACE Upcoming Dividends

No upcoming dividends are available

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 DateMay 9, 2024

Final
Final | Div/Share: ₹4.77

Dividend/Share

₹4.77

Ex DateEx Date

May 9, 2024

MINDSPACE Stock 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 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

2 weeks 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

2 weeks 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

4 weeks 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

1 month 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

3 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 24 January 2025, inter alia, have recommended the final dividend of Rs 5.32 per equity Share (i.e. 1.9345%) , subject to the approval of the shareholders.Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Mindspace Business Parks REIT consolidated net profit declines 1.65% in the December 2024 quarter

Net profit of Mindspace Business Parks REIT declined 1.65% to Rs 135.53 crore in the quarter ended December 2024 as against Rs 137.80 crore during the previous quarter ended December 2023. Sales rose 8.71% to Rs 660.94 crore in the quarter ended December 2024 as against Rs 608.00 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales660.94608.00 9 OPM %72.9273.42 - PBDT350.97333.10 5 PBT244.61235.20 4 NP135.53137.80 -2 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Mindspace Business Parks REIT declare Quarterly Result

Mindspace Business Parks REIT will hold a meeting of the Board of Directors of the Company on 24 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

6 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

6 months agoCapital Market - Live

Frequently asked questions

  1. What is the share price of Mindspace Business Parks REIT (MINDSPACE) today?

    The share price of MINDSPACE as on 22nd May 2025 is ₹395.75. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Mindspace Business Parks REIT (MINDSPACE) share?

    The past returns of Mindspace Business Parks REIT (MINDSPACE) share are
    • Past 1 week: 0.62%
    • Past 1 month: 3.59%
    • Past 3 months: 8.51%
    • Past 6 months: 4.15%
    • Past 1 year: 14.54%
    • Past 3 years: 14.21%
    • Past 5 years: 30.31%

  3. What are the peers or stocks similar to Mindspace Business Parks REIT (MINDSPACE)?

    The peers or stocks similar to Mindspace Business Parks REIT (MINDSPACE) include:

  4. What is the dividend yield % of Mindspace Business Parks REIT (MINDSPACE) 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 (MINDSPACE) share?

    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 ₹20155.50 Cr as of 22nd May 2025.

  6. What is the 52 week high and low of Mindspace Business Parks REIT (MINDSPACE) share?

    The 52-week high of Mindspace Business Parks REIT (MINDSPACE) is ₹397.85 and the 52-week low is ₹330.35.

  7. What is the PE and PB ratio of Mindspace Business Parks REIT (MINDSPACE) stock?

    The P/E (price-to-earnings) ratio of Mindspace Business Parks REIT (MINDSPACE) is 42.32. The P/B (price-to-book) ratio is 1.36.

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

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

  9. How to buy Mindspace Business Parks REIT (MINDSPACE) shares?

    You can directly buy Mindspace Business Parks REIT (MINDSPACE) shares on Tickertape. Simply sign up, connect your demat account and place your order.