Mindspace Business Parks REIT
MINDSPACEMindspace Business Parks REIT
MINDSPACEPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
38.38 | 1.29 | 5.64% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
80.58 | 4.94 | 0.74% |
Forecast & Ratings
Detailed Forecastfrom 11 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
Phoenix Mills Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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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 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,691.40 | 0.00 | 1,159.70 | 1,777.20 | 2,318.20 | 2,476.90 | 2,476.90 | |||||||
Raw Materials | 0.00 | 0.00 | 0.20 | 0.60 | 1.50 | 727.00 | 726.60 | |||||||
Power & Fuel Cost | 69.60 | 0.00 | 56.70 | 83.40 | 146.20 | |||||||||
Employee Cost | 4.40 | 0.00 | 11.50 | 22.60 | 28.50 | |||||||||
Selling & Administrative Expenses | 134.50 | 4.90 | 109.30 | 156.60 | 169.60 | |||||||||
Operating & Other expenses | 209.60 | 0.00 | 122.30 | 206.40 | 535.50 | |||||||||
EBITDA | 1,273.30 | -4.90 | 859.70 | 1,307.60 | 1,436.90 | 1,749.90 | 1,750.30 | |||||||
Depreciation/Amortization | 219.60 | 0.00 | 209.10 | 328.90 | 355.40 | 382.70 | 382.70 | |||||||
PBIT | 1,053.70 | -4.90 | 650.60 | 978.70 | 1,081.50 | 1,367.20 | 1,367.60 | |||||||
Interest & Other Items | 446.40 | 0.00 | 171.30 | 264.40 | 343.10 | 456.60 | 456.80 | |||||||
PBT | 607.30 | -4.90 | 479.30 | 714.30 | 738.40 | 910.60 | 910.80 | |||||||
Taxes & Other Items | 128.40 | 0.00 | 171.90 | 290.50 | 454.80 | 385.60 | 385.70 | |||||||
Net Income | 478.90 | -4.90 | 307.40 | 423.80 | 283.60 | 525.00 | 525.10 | |||||||
EPS | 78.32 | -1.60 | 10.37 | 7.15 | 4.78 | 9.06 | 8.85 | |||||||
DPS | 0.00 | 0.00 | 9.59 | 9.59 | 18.45 | 19.17 | 19.20 | |||||||
Payout ratio | 0.00 | 0.00 | 0.93 | 1.34 | 3.86 | 2.12 | 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 | 1.29 | 5.64% |
DLF Ltd | 109.00 | 5.89 | 0.45% |
Macrotech Developers Ltd | 79.83 | 9.71 | 0.18% |
Godrej Properties Ltd | 97.09 | 7.58 | — |
Price Comparison
Compare MINDSPACE with any stock or ETFShareholdings
Promoter Holdings Trend
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
Mar 2023
Jun 2023
Sep 2023
Dec 2023
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
Cash Dividend
Ex DateEx DateMay 9, 2024
Dividend/Share
₹4.77
Ex DateEx Date
May 9, 2024
Past Dividends
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
Cash Dividend
Ex DateEx DateFeb 6, 2023
Dividend/Share
₹4.80
Ex DateEx Date
Feb 6, 2023
News & Opinions
Mindspace Business Parks REIT appoints Ramesh Nair as new CEO
8 months ago•The Hindu
K Raheja Corp-backed Mindspace Business Parks REIT rejigs top management
8 months ago•Economic Times
Mindspace REIT’s NOI up 13.8% YoY on strong leasing momentum
9 months ago•The Hindu Businessline
Mindspace REIT leases 4 lakh sq ft in June quarter, operating income up 14%
9 months ago•Economic Times
REIT firms plan to form an association
10 months ago•Economic Times
WeWork India expands its footprint in Hyderabad, adding over 100k sq. ft. at Raheja Mindspace
10 months ago•Economic Times
Mindspace REIT To Consider Fundraise Via Private Placement On May 24
11 months ago•Bloomberg Quint
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
High Pledged Promoter Holding
A significant proportion of promoter holdings is pledged