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Mindspace Business Parks REIT Share Price

(MINDSPACE)

₹358.180.31%

as on 04:01PM, 20 Feb 2025

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Mindspace Business Parks REIT Performance

  • Day's Low

    Day's High

    ₹357
    Day's Price Range
    ₹360.99
  • 52 Week's Low

    52 Week's High

    ₹316.51
    52-Week Price Range
    ₹384.99
1 Month Return-4.86 %
3 Month Return-5.25 %
1 Year Return+ 5 %
Previous Close₹357.09
Open₹357.00
Volume82.23K
Upper Circuit-
Lower Circuit-
Market Cap₹21,176.09Cr

Mindspace Business Parks REIT Key Statistics

P/E Ratio

39.15

PEG Ratio

14.19

Market Cap

₹21,176.09 Cr

P/B Ratio

1.22

EPS

9.48

Dividend Yield

0

Sector

Real Estate Investment Trusts

ROE

6.99

Mindspace Business Parks REIT Analyst Rating

based on 14 analysts

BUY

85.71%

Buy

14.29%

Hold

0.00%

Sell

Based on 14 analysts offering long term price targets for Mindspace Business Parks REIT. An average target of ₹401.71

Source: S&P Global Market Intelligence

Mindspace Business Parks REIT Share analysis

Mindspace Business Parks REIT price forecast by 14 analysts

Upside of12.50%

High

₹421

Target

₹401.71

Low

₹370

Mindspace Business Parks REIT target price ₹401.71, a slight upside of 12.5% compared to current price of ₹358.18. According to 14 analysts rating.

Source: S&P Global Market Intelligence

Key events for Mindspace Business Parks REIT

  • Mindspace REIT Participates in Significant Distribution - 10 Feb, 2025

    In the third quarter of the fiscal year, Mindspace Business Parks REIT contributed to a total distribution of ₹1,505 crore among unitholders, reflecting a 17% annual growth.
  • Mindspace REIT Reports Strong Quarterly Results - 06 Feb, 2025

    The quarterly results for Mindspace Business Parks REIT indicate improved occupancies, rising by 120-760 basis points, and an 11-13% increase in distribution per unit.
  • Mindspace REIT Expands Portfolio with Major Acquisition - 29 Jan, 2025

    Mindspace Business Parks REIT has acquired a Grade-A commercial property in Hyderabad for Rs 2,038 crore, increasing its portfolio size and expected net operating income. The acquisition aligns with its growth strategy and is expected to enhance income stability.
  • Mindspace REIT Aims for 93% Occupancy by FY25 - 27 Jan, 2025

    Mindspace Business Parks REIT targets a 93% occupancy rate by FY25, up from 91.5%. The company plans strategic acquisitions and expansion in data centers, enhancing its market position.
  • Mindspace REIT Reports Strong Q3 Performance - 24 Jan, 2025

    Mindspace Business Parks REIT announced an 8.3% increase in net operating income to ₹522 crore for Q3 FY25, alongside a distribution of ₹315 crore. The REIT achieved robust leasing activity, with 1.7 million square feet leased and a stable occupancy rate of 91.5%. It also made an offer to acquire Sustain Properties, enhancing its portfolio further.
  • Mindspace REIT Achieves Top Sustainability Ranking - 23 Jan, 2025

    Mindspace Business Parks REIT has been ranked among the top 10% of real estate investment trusts in the 2024 Dow Jones Sustainability Index, scoring 70 out of 100. This recognition highlights its commitment to Environmental, Social, and Governance (ESG) practices, transparency, and responsible leadership, emphasizing renewable energy and diversity initiatives.

Insights on Mindspace Business Parks REIT

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 5 quarters, 610.83 Cr → 674.47 Cr (in ₹), with an average increase of 2.5% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, MINDSPACE has outperformed top 5 stocks with highest market-cap in Commercial REITs

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 125.63 Cr → 135.53 Cr (in ₹), with an average increase of 7.3% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 1.39% to 5.53% in Dec 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Brookfield India Real Estate Trust has given 12.7% return, outperforming this stock by 7.7%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 63.48% of holdings in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 13.24% to 13.12% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, MINDSPACE stock has moved down by -4.9%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 19.04% to 13.58% in Dec 2024 quarter

Mindspace Business Parks REIT Financials

Value in ₹ crore
DetailsQ'4 23Q'1 24Q'2 24Q'3 24Q'4 24
Revenue₹608.08Cr (-)₹619.42Cr (↑1.86%)₹638.16Cr (↑3.03%)₹648.88Cr (↑1.68%)₹660.94Cr (↑1.86%)
Net Income₹146.89Cr (-)₹127.09Cr (↓13.48%)₹137.71Cr (↑8.36%)₹134.98Cr (↓1.98%)₹144.96Cr (↑7.39%)
Net Profit Margin24.16% (-)20.52% (↓15.07%)21.58% (↑5.17%)20.80% (↓3.61%)21.93% (↑5.43%)

Mindspace Business Parks REIT Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
63.48%
0.00
Foreign Institutions
13.58%
-28.69
Mutual Funds
5.53%
299.36
Retail Investors
13.12%
-0.95
Others
4.29%
50.53

Mindspace Business Parks REIT Key Indicators

Details2021202220232024
Return On Equity %7.046.656.936.99

Mindspace Business Parks REIT Valuation

Mindspace Business Parks REIT in the last 5 years

  • Overview

  • Trends

Lowest (34.95x)

May 31, 2021

Industry (26.15x)

February 19, 2025

Today (39.15x)

February 19, 2025

Highest (68.43x)

March 31, 2023

LowHigh

Mindspace Business Parks REIT Technicals Summary

Bearish

Neutral

Bullish

Bearish

Mindspace Business Parks REIT is currently in a Bearish trading position according to technical analysis indicators.

Mindspace Business Parks REIT Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹21,176.09 Cr3.52%0.59₹561 Cr₹2,458 Cr
BUY₹17,386.58 Cr1.28%0.53-₹4 Cr₹1,780 Cr
BUY₹20,122.23 Cr5.47%0.56₹598 Cr₹1,916 Cr
NA₹344.84 Cr-0.44%0.00NANA

About Mindspace Business Parks REIT

Mindspace Business Parks REIT is a real estate investment trust (REIT) incorporated in India in 2019. The company operates in the business park and office real estate segment and is one of the largest REITs in India. It owns and operates a portfolio of high-quality office parks and business parks in India.

The company's top products include office spaces, retail spaces, and hotel spaces. It also offers a range of services such as leasing, property management, and asset management. Mindspace Business Parks REIT is known for its popular brands such as Mindspace, Mindspace Signature, and Mindspace Express.

Share Price: ₹358.18 per share as on 20 Feb, 2025 04:01 PM
Market Capitalisation: ₹21,176.09Cr as of today
Revenue: ₹660.94Cr as on December 2024 (Q4 24)
Net Profit: ₹144.96Cr as on December 2024 (Q4 24)
Listing date: 07 Aug, 2020
Chairperson Name: Deepak Ghaisas
OrganisationMindspace Business Parks REIT
Headquarters
IndustryReal Estate Investment Trusts
E-voting on sharesClick here to vote

FAQs on Mindspace Business Parks REIT

What is Mindspace Business Parks REIT price today?

Mindspace Business Parks REIT share price today stands at ₹358.18, Open: ₹357, Previous Close: ₹357.09, High: ₹360.99, Low: ₹357, 52 Week High: ₹384.99, 52 Week Low: ₹316.51.

How to Buy Mindspace Business Parks REIT Share in India?

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Is Mindspace Business Parks REIT listed on NSE?

Mindspace Business Parks REIT is listed on NSE

Is Mindspace Business Parks REIT listed on BSE?

Mindspace Business Parks REIT is listed on BSE

What are today's High and Low prices of Mindspace Business Parks REIT?

  • Today's highest price of Mindspace Business Parks REIT is ₹360.99.
  • Today's lowest price of Mindspace Business Parks REIT is ₹357.

What are today's traded volumes of Mindspace Business Parks REIT?

Today's traded volume of Mindspace Business Parks REIT(MINDSPACE) is 82.23K.

What is today's market capitalisation of Mindspace Business Parks REIT?

Today's market capitalisation of Mindspace Business Parks REIT(MINDSPACE) is ₹21176.09Cr.

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

Mindspace Business Parks REIT (MINDSPACE)
Price
52 Week High
₹384.99
52 Week Low
₹316.51

How much percentage Mindspace Business Parks REIT is down from its 52 Week High?

Mindspace Business Parks REIT (MINDSPACE) share price is ₹358.18. It is down -6.96% from its 52 Week High price of ₹384.99

How much percentage Mindspace Business Parks REIT is up from its 52 Week low?

Mindspace Business Parks REIT (MINDSPACE) share price is ₹358.18. It is up 13.17% from its 52 Week Low price of ₹316.51

What are the historical returns of Mindspace Business Parks REIT?

Mindspace Business Parks REIT (MINDSPACE)
Returns
1 Day Returns
1.09%
1 Month Returns
-4.86%
3 Month Returns
-5.25%
1 Year Returns
5%

What is the PE ratio of Mindspace Business Parks REIT today?

PE Ratio of Mindspace Business Parks REIT is 39.15

PE ratio = Mindspace Business Parks REIT Market price per share / Mindspace Business Parks REIT Earnings per share