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Mindspace Business Parks REIT

Mindspace Business Parks REIT

MINDSPACE Share Price

NSE
494.980.60% (-2.98)
High
Low
Returns
1D
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5Y
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1D
1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹32,767 cr, stock is ranked 277

Stock is 1.12x 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

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not 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 ₹32,767 cr, stock is ranked 277

Stock is 1.12x as volatile as Nifty

MINDSPACE Performance & Key Metrics

MINDSPACE Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
43.282.074.77%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
46.473.091.38%

MINDSPACE Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
80%
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
38.02
38.02
1Y Return
12.30%
12.30%
Buy Reco %
95.45
95.45
PE Ratio
36.20
36.20
1Y Return
3.99%
3.99%
Buy Reco %
90.00
90.00
PE Ratio
58.76
58.76
1Y Return
0.02%
0.02%
Buy Reco %
95.24
95.24
PE Ratio
56.40
56.40
1Y Return
22.50%
22.50%
Buy Reco %
100.00
100.00
PE Ratio
27.35
27.35
1Y Return
13.63%
13.63%
Buy Reco %
72.00
72.00
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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Quartermar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026jun 2026
Total Revenue624.10641.23652.15674.47707.77766.85796.38834.92914.89973.97
Operating & Other expensessubtract214.80183.70181.01181.40198.10190.13241.72187.96206.54232.73
Depreciation/Amortizationsubtract94.0296.9298.35106.37104.35114.81118.01122.20123.96119.46
Interest & Other Itemssubtract119.12126.30130.50144.49155.99202.85203.63208.93219.96256.12
Taxes & Other Itemssubtract77.58106.04116.66106.69162.49102.35116.51135.74165.88103.78
EPS2.042.302.372.411.502.371.822.923.113.92

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 REIT50.272.074.77%
DLF Ltd38.023.691.18%
Lodha Developers Ltd36.205.290.34%
Prestige Estates Projects Limited58.764.200.12%

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

Increased 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 increased by 2.84%

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 Holding67.29%4.60%4.03%12.44%11.65%

Jan 2026

Mar 2026

May 2026

Jun 2026

MINDSPACE Shareholding History

MINDSPACE Shareholding History

SepDec '25JanMarMayJun14.36%14.27%13.41%13.24%12.81%12.44%

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.
6.96%
6.96%
CAGR
20.71%
Safe Haven Model

Safe Haven Model

Created by Windmill Capital

MINDSPACE's Wtg.
9.83%
9.83%
CAGR
18.41%

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 4.77%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹47.67 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 4.77%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹47.67 every year

MINDSPACE Upcoming Dividends

MINDSPACE Upcoming Dividends

No upcoming dividends are available

MINDSPACE Past Dividends

MINDSPACE Past Dividends

Cash Dividend

Ex DateEx DateAug 7, 2026

Final
Final | Div/Share: ₹6.67

Dividend/Share

6.67

Ex DateEx Date

Aug 7, 2026

Cash Dividend

Ex DateEx DateMay 5, 2026

Final
Final | Div/Share: ₹6.64

Dividend/Share

6.64

Ex DateEx Date

May 5, 2026

Cash Dividend

Ex DateEx DateJan 30, 2026

Final
Final | Div/Share: ₹5.83

Dividend/Share

5.83

Ex DateEx Date

Jan 30, 2026

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

MINDSPACE Stock News & Opinions

MINDSPACE Stock News & Opinions

Corporate
Corporate
Placeholder content scheduled for publication lists thirteen Indian cities across section B 3

A newspaper template or page layout reveals placeholder content scheduled for Thursday, August 6, 2026, section B, page 3. The template includes listings for thirteen cities: Bhopal, Chennai, Delhi, Guwahati, Hyderabad, Indore, Jaipur, Kochi, Kolkata, Lucknow, Mumbai, Nagpur, and Patna, alongside Pune. Each city name is followed by the date, section identifier "B 3," and a series of placeholder characters, likely to be replaced with finalized content prior to publication.

2 weeks agoCapital Market - Live
Earnings
Earnings
Mindspace Business Parks REIT consolidated sales up 6.35% on year in Q2FY2026, net profit soared by 30.22%

Mindspace Business Parks REIT share price declined by 0.18% to Rs 493.01. The Company's net profit saw a strong growth of 30.22% to Rs 271.81 crore, while revenue from operations improved marginally 6.35% to Rs 946.44 crore in Q2FY26 over Q1FY26. The market capitalization of Real Estate Investment Trusts (REITs) industry group stocks on BSE stood at Rs 1.8 lakh crore, surging by 22.73%. It has marginally improved by 0.08% over last one week and spiked sharply by 20.48% in last one month while the market capitalization of Mindspace Business Parks REIT has eased by 0.46% and 11.16% in the same period respectively. Profit before tax (PBT) of Mindspace Business Parks REIT stood at Rs 365.65 crore in Q2 FY26, rallying 41.15% year-on-year, and gaining 0.33% quarter-on-quarter. EBITDA came in at Rs 691 crore, jumping 28.95% YoY and easing 4.56% sequentially. Total expenses inched up 7.23% to Rs 352.19 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 0.0 crore, tumbling by 100% YoY, while employee benefits expense was at Rs 11.77 crore, soaring 14.94% YoY. For the TTM ended FY26, revenue from operations jumped by 23.89% to Rs 3216.35 crore, while net profit jumped 35.14% to Rs 694.26 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 188112% to Rs 2361.08 crore, and PBT surged 21.09% to Rs 1172.33 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 2413.89 crore in FY26, as against Rs 2017.35 crore in FY25. Mindspace Business Parks REIT rallied 17.47% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 3.20% during the same period.

2 weeks agoCapital Market - Live
Corporate
Corporate
Mindspace REIT allotted INR 600 crore in debentures with a 7.49% coupon rate

Mindspace Business Parks REIT, managed by K Raheja Corp Investment Managers Private Limited, announced the allotment of 60,000 listed, rated, secured, redeemable, transferable, taxable, non-cumulative non-convertible debentures with a face value of INR 100,000 each, totaling INR 600 crore, with a coupon rate of 7.4913% per annum and a tenor of 2 years, maturing on August 03, 2028. The allotment follows prior approval to raise funds through debt securities and/or commercial papers, and the consideration received was INR 600.336 crore, including a premium of INR 33.60 lakh.

2 weeks agoCapital Market - Live
Corporate
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 5 August 2026.

4 weeks agoCapital Market - Live
Corporate
Corporate
Mindspace Business Parks REIT to convene AGM

Mindspace Business Parks REIT announced that the 6th Annual General Meeting(AGM) of the company will be held on 24 July 2026.

1 month agoCapital Market - Live
Corporate
Corporate
Mindspace Business Parks REIT to consider fund raising options

Mindspace Business Parks REIT announced a meeting of the Executive Committee of the Board of Directors of the Manager is scheduled to be held on 19 May 2026, inter-alia, to consider and approve raising of funds through issuance of non-convertible debt securities and / or commercial papers and / or in any other form as may be permitted under applicable laws by Mindspace REIT.

3 months agoCapital Market - Live
Corporate
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 29 April 2026, inter alia, have recommended the final dividend of Rs 6.64 per equity Share (i.e. 2.41454545454546%) , subject to the approval of the shareholders.

3 months agoCapital Market - Live
Earnings
Earnings
Mindspace Business Parks REIT consolidated net profit rises 128.62% in the March 2026 quarter

Net profit of Mindspace Business Parks REIT rose 128.62% to Rs 198.56 crore in the quarter ended March 2026 as against Rs 86.85 crore during the previous quarter ended March 2025. Sales rose 30.67% to Rs 889.95 crore in the quarter ended March 2026 as against Rs 681.08 crore during the previous quarter ended March 2025. For the full year,net profit rose 36.86% to Rs 651.86 crore in the year ended March 2026 as against Rs 476.28 crore during the previous year ended March 2025. Sales rose 23.89% to Rs 3216.35 crore in the year ended March 2026 as against Rs 2596.11 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales889.95681.08 31 3216.352596.11 24 OPM %76.7971.05 -75.7971.46 - PBDT488.39354.62 38 1696.071377.46 23 PBT364.44250.28 46 1217.09971.47 25 NP198.5686.85 129 651.86476.28 37 Powered by Capital Market - Live

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

Mindspace Business Parks REIT will hold a meeting of the Board of Directors of the Company on 29 April 2026.

4 months agoCapital Market - Live
Corporate
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 31 March 2026.

4 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 21st August 2026 is ₹494.98. 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: -0.00%
    • Past 1 month: 0.20%
    • Past 3 months: 7.63%
    • Past 6 months: 1.02%
    • Past 1 year: 17.26%
    • Past 3 years: 60.89%
    • Past 5 years: 70.92%

  3. What are the peers or stocks similar to Mindspace Business Parks REIT (MINDSPACE)?
  4. What is the dividend yield % of Mindspace Business Parks REIT (MINDSPACE) share?

    The current dividend yield of Mindspace Business Parks REIT (MINDSPACE) is 4.77.

  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 ₹32767.35 Cr as of 21st August 2026.

  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 ₹511.68 and the 52-week low is ₹417.

  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 50.27. The P/B (price-to-book) ratio is 2.07.

  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.