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Mindspace Business Parks REIT

MINDSPACE Share Price

489.400.54% (+2.61)
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Returns
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1M
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With a market cap of ₹29,654 cr, stock is ranked 270

Stock is 1.35x as volatile as Nifty

MINDSPACE Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Bad

The stock is overpriced and in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

With a market cap of ₹29,654 cr, stock is ranked 270

Stock is 1.35x as volatile as Nifty

MINDSPACE Performance & Key Metrics

MINDSPACE Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
59.842.004.51%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
47.223.600.97%

MINDSPACE Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
93%
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
40.20
40.20
1Y Return
16.35%
16.35%
Buy Reco %
91.30
91.30
PE Ratio
40.08
40.08
1Y Return
19.08%
19.08%
Buy Reco %
88.89
88.89
PE Ratio
152.87
152.87
1Y Return
6.29%
6.29%
Buy Reco %
94.74
94.74
PE Ratio
44.75
44.75
1Y Return
28.30%
28.30%
Buy Reco %
76.19
76.19
PE Ratio
63.00
63.00
1Y Return
1.60%
1.60%
Buy Reco %
88.24
88.24
Compare with Peers

MINDSPACE Sentiment Analysis

MINDSPACE Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

MINDSPACE Stock Summary · April 2025

Mindspace Business Parks REIT has demonstrated remarkable resilience and growth, achieving a record gross leasing of 7.6 million square feet and maintaining a committed occupancy rate of 93%. This performance is underpinned by strong demand from sectors like technology and BFSI, alongside strategic acquisitions that enhance asset value and tenant satisfaction. The company’s financial health is robust, with a 39% year-on-year distribution growth and a healthy loan-to-value ratio of 24.3%, allowing for future expansion despite rising debt costs. Positive market sentiment, particularly in Hyderabad, coupled with operational efficiencies, positions Mindspace favorably for continued growth, even as it navigates geopolitical uncertainties and evolving market dynamics.

MINDSPACE Stock Growth Drivers
MINDSPACE Stock Growth Drivers
7
  • Strong Financial Performance

    Mindspace Business Parks REIT reported a historic performance in FY'25, achieving a gross leasing of

  • Operational Excellence

    The company maintained strong operational performance, with 7 out of 10 parks achieving occupancy rates

MINDSPACE Stock Challenges
MINDSPACE Stock Challenges
0
No ConsHmm, looks like there are no
challenges

MINDSPACE Forecast

MINDSPACE Forecasts

Price

Revenue

Earnings

MINDSPACE

MINDSPACE

Income

Balance Sheet

Cash Flow

MINDSPACE Income Statement

MINDSPACE Income Statement

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Financial YearFY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue1,691.400.001,159.701,777.202,324.602,476.892,675.632,945.47
Raw Materialssubtract0.000.000.200.601.500.100.00811.35
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/Amortizationsubtract219.600.00209.10328.90355.40382.65405.98443.54
Interest & Other Itemssubtract446.400.00171.30264.40343.10456.63557.27706.96
Taxes & Other Itemssubtract128.400.00171.90290.50454.80385.57491.88488.04
EPS78.32-1.6010.377.154.788.857.928.14
DPS0.000.009.5918.4519.1019.1621.9522.70
Payout ratio0.000.000.932.583.992.162.772.79

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

Investor Presentation

Aug 1PDF
Jul 25PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

Jun 16PDF
May 31PDF
May 4PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
 

MINDSPACE Stock Peers

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 REIT62.262.004.51%
DLF Ltd40.204.130.85%
Lodha Developers Ltd40.085.470.38%
Prestige Estates Projects Ltd152.874.490.11%

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

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

High Pledged Promoter Holding
Lower pledged promoter holdings is considered better

A significant proportion of promoter holdings is pledged

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%4.93%4.24%14.36%12.01%

Dec 2024

Mar 2025

Jun 2025

Sep 2025

MINDSPACE Shareholding History

MINDSPACE Shareholding History

JunSepDec '24MarJunSep18.64%19.04%13.58%13.41%13.97%14.36%

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.
6.25%
6.25%
CAGR
25.92%
Safe Haven Model

Safe Haven Model

Created by Windmill Capital

MINDSPACE's Wtg.
9.09%
9.09%
CAGR
20.88%

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 4.51%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹45.09 every year

Dividends

Corp. Actions

Announcements

Legal Orders

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 4.51%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹45.09 every year

MINDSPACE Upcoming Dividends

MINDSPACE Upcoming Dividends

No upcoming dividends are available

MINDSPACE Past Dividends

MINDSPACE Past Dividends

Cash Dividend

Ex DateEx DateNov 7, 2025

Final
Final | Div/Share: ₹5.83

Dividend/Share

5.83

Ex DateEx Date

Nov 7, 2025

Cash Dividend

Ex DateEx DateAug 7, 2025

Final
Final | Div/Share: ₹5.79

Dividend/Share

5.79

Ex DateEx Date

Aug 7, 2025

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

MINDSPACE Stock News & Opinions

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 5 November 2025, inter alia, have recommended the final dividend of Rs 5.83 per equity Share (i.e. 2.12%) , subject to the approval of the shareholders.Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Earnings
Mindspace Business Parks REIT consolidated net profit declines 7.27% in the September 2025 quarter

Net profit of Mindspace Business Parks REIT declined 7.27% to Rs 116.50 crore in the quarter ended September 2025 as against Rs 125.63 crore during the previous quarter ended September 2024. Sales rose 18.98% to Rs 772.01 crore in the quarter ended September 2025 as against Rs 648.88 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales772.01648.88 19 OPM %74.4972.10 - PBDT395.79340.64 16 PBT277.78242.29 15 NP116.50125.63 -7 Powered by Capital Market - Live

4 weeks 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 5 November 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Mindspace Business Parks REIT fixes record date for distribution

Mindspace Business Parks REIT has fixed 08 November 2025 as record date for purpose of distribution to unitholders of Mindspace REIT for the quarter ended 30 September 2025. The payment of distribution is proposed to be made on or before 14 November 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Mindspace Business Parks REIT to discuss results

Mindspace Business Parks REIT will hold a meeting of the Board of Directors of the Company on 17 October 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Mindspace Business Parks REIT consolidated net profit rises 22.17% in the June 2025 quarter

Net profit of Mindspace Business Parks REIT rose 22.17% to Rs 156.71 crore in the quarter ended June 2025 as against Rs 128.27 crore during the previous quarter ended June 2024. Sales rose 17.92% to Rs 740.26 crore in the quarter ended June 2025 as against Rs 627.75 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales740.26627.75 18 OPM %74.3270.74 - PBDT373.86331.23 13 PBT259.05234.32 11 NP156.71128.27 22 Powered by Capital Market - Live

4 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 4 August 2025, inter alia, have recommended the final dividend of Rs 5.79 per equity Share (i.e. 2.105454%) , subject to the approval of the shareholders.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Mindspace Business Parks REIT to discuss results

Mindspace Business Parks REIT will hold a meeting of the Board of Directors of the Company on 4 August 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
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

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 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

7 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

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

    The share price of MINDSPACE as on 5th December 2025 is ₹489.40. 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: 4.69%
    • Past 1 month: 3.12%
    • Past 3 months: 15.68%
    • Past 6 months: 21.71%
    • Past 1 year: 31.80%
    • Past 3 years: 45.31%
    • Past 5 years: 48.02%

  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 4.51.

  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 ₹29654.45 Cr as of 5th December 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 ₹491 and the 52-week low is ₹354.30.

  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 62.26. The P/B (price-to-book) ratio is 2.00.

  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.