Mindspace Business Parks REIT Analyst Rating
based on 14 analysts
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 ₹394.43
Source: S&P Global Market Intelligence
Mindspace Business Parks REIT Share analysis
Mindspace Business Parks REIT price forecast by 14 analysts
Upside of4.66%
High
₹420
Target
₹394.43
Low
₹370
Mindspace Business Parks REIT target price ₹394.43, a slight upside of 4.66% compared to current price of ₹379.98. According to 14 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Mindspace Business Parks REIT revenue growth forecast
Expected growth rate Q1, FY2026:15.78%
Forecast
Actual
Including amortisation and stock based compensations
Mindspace Business Parks REIT EPS growth forecast
EPS estimate Q1, FY2026:47.13%
Forecast
Actual
Source: S&P Global Market Intelligence
Mindspace Business Parks REIT Performance
Day's Low
Day's High
₹376.05₹380.9952 Week's Low
52 Week's High
₹284.8₹384.99
| Returns % | |
| 1 Month Return | + 1.51 % |
| 3 Month Return | + 10.6 % |
| 1 Year Return | + 19.01 % |
| Market Stats | |
| Previous Close | ₹376.87 |
| Open | ₹377.45 |
| Volume | 2.86L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹22,349.08Cr |
Mindspace Business Parks REIT Key Statistics
| P/E Ratio | 41.74 |
| PEG Ratio | 13.73 |
| Market Cap | ₹22,349.08 Cr |
| P/B Ratio | 1.22 |
| EPS | 9.48 |
| Dividend Yield | 0 |
| Sector | Real Estate Investment Trusts |
| ROE | 6.99 |
Mindspace Business Parks REIT Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹22,349.08 Cr | 4.82% | 0.59 | ₹561 Cr | ₹2,458 Cr | |
| BUY | ₹13,420.27 Cr | 0.79% | 0.53 | -₹4 Cr | ₹1,780 Cr | |
| BUY | ₹21,043.35 Cr | 6.64% | 0.56 | ₹598 Cr | ₹1,916 Cr |
Mindspace Business Parks REIT Mutual Fund Holdings
About Mindspace Business Parks REIT
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: ₹379.98 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹22,349.08Cr as of today
Revenue: ₹648.88Cr as on September 2024 (Q3 24)
Net Profit: ₹134.98Cr as on September 2024 (Q3 24)
Listing date: 07 Aug, 2020
Chairperson Name: Deepak Ghaisas
| Organisation | Mindspace Business Parks REIT |
| Headquarters | |
| Industry | Real Estate Investment Trusts |
| E-voting on shares | Click here to vote |
Key events for Mindspace Business Parks REIT
Indian REITs Report 14% Increase in Distributions - 18 Nov, 2024
In the first half of FY25, listed Indian Real Estate Investment Trusts, including Mindspace Business Parks REIT, distributed Rs 2,754 crore to unitholders, reflecting a 14% annual growth.
Mindspace REIT Faces Tech Leasing Decline - 09 Nov, 2024
Mindspace Business Parks REIT reports a decline in tech leasing, with engineering and manufacturing companies leading at 42%. The REIT has approved 1.2 msf of SEZ space and denotified 2.1 msf, achieving 90.8% committed SEZ occupancy.
Mindspace REIT Achieves Significant Growth in Q2 FY25 - 25 Oct, 2024
Mindspace Business Parks REIT reported a 5.1% YoY increase in net operating income to Rs 504 crore for Q2 FY25, with total NOI reaching Rs 1000 crore. The REIT also announced a quarterly payout of Rs 5.15 per unit, reflecting a 7.5% increase. The acquisition of 260,000 sq ft in Hyderabad further expands its portfolio.
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.
POSITIVE IMPACTPrice Rise
In the last 3 months, MINDSPACE stock has moved up by 10.6%
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, MINDSPACE has outperformed top 5 stocks with highest market-cap in Commercial REITs
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 14.10% to 14.12% in Jun 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, MINDSPACE has outperformed top 5 stocks with highest market-cap in Commercial REITs
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 4 quarters, 610.8 Cr → 652.15 Cr (in ₹), with an average increase of 2.2% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 0.86% to 1.28% in Jun 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 63.48% of holdings in Jun 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 128.27 Cr → 125.63 Cr (in ₹), with an average decrease of 2.1% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 19.24% to 18.64% in Jun 2024 quarter
Mindspace Business Parks REIT Financials
Mindspace Business Parks REIT Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 63.48% | 0.00 | |
| Foreign Institutions | 18.64% | ||
| Mutual Funds | 1.28% | 48.36 | |
| Retail Investors | 14.12% | 0.10 | |
| Others | 2.49% | 7.63 |
Mindspace Business Parks REIT Key Indicators
Mindspace Business Parks REIT Valuation
Mindspace Business Parks REIT in the last 5 years
Lowest (34.95x)
May 31, 2021
Industry (26.20x)
November 21, 2024
Today (41.74x)
November 21, 2024
Highest (68.43x)
March 31, 2023
Mindspace Business Parks REIT Technicals Summary
Bearish
Neutral
Bullish
Mindspace Business Parks REIT is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Mindspace Business Parks REIT
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Mindspace Business Parks REIT shares.
Mindspace Business Parks REIT (MINDSPACE) share price today is ₹379.98
Mindspace Business Parks REIT is listed on NSE
Mindspace Business Parks REIT is listed on BSE
- Today’s highest price of Mindspace Business Parks REIT is ₹380.99.
- Today’s lowest price of Mindspace Business Parks REIT is ₹376.05.
PE Ratio of Mindspace Business Parks REIT is 41.74
PE ratio = Mindspace Business Parks REIT Market price per share / Mindspace Business Parks REIT Earnings per share
Today’s traded volume of Mindspace Business Parks REIT(MINDSPACE) is 2.86L.
Today’s market capitalisation of Mindspace Business Parks REIT(MINDSPACE) is ₹22349.08Cr.
| Mindspace Business Parks REIT(MINDSPACE | Price |
|---|---|
52 Week High | ₹384.99 |
52 Week Low | ₹284.8 |
Mindspace Business Parks REIT(MINDSPACE) share price is ₹379.98. It is down -1.30% from its 52 Week High price of ₹384.99
Mindspace Business Parks REIT(MINDSPACE) share price is ₹379.98. It is up 33.42% from its 52 Week Low price of ₹284.8
| Mindspace Business Parks REIT(MINDSPACE | Returns |
|---|---|
1 Day Returns | 3.11% |
1 Month Returns | 1.51% |
3 Month Returns | 10.6% |
1 Year Returns | 19.01% |