Mindspace Business Parks REIT Analyst Rating
based on 13 analysts
84.62%
Buy
15.38%
Hold
0.00%
Sell
Based on 13 analysts offering long term price targets for Mindspace Business Parks REIT. An average target of ₹397.08
Source: S&P Global Market Intelligence
Mindspace Business Parks REIT Share analysis
Mindspace Business Parks REIT price forecast by 13 analysts
Upside of8.70%
High
₹420
Target
₹397.08
Low
₹370
Mindspace Business Parks REIT target price ₹397.08, a slight upside of 8.7% compared to current price of ₹365.31. According to 13 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Mindspace Business Parks REIT revenue growth forecast
Expected growth rate Q1, FY2026:15.60%
Forecast
Actual
Including amortisation and stock based compensations
Mindspace Business Parks REIT EPS growth forecast
EPS estimate Q1, FY2026:48.70%
Forecast
Actual
Source: S&P Global Market Intelligence
Mindspace Business Parks REIT Performance
Day's Low
Day's High
₹360Day's Price Range₹366.8552 Week's Low
52 Week's High
₹284.852-Week Price Range₹384.99
| Returns % | |
| 1 Month Return | -3.1 % |
| 3 Month Return | + 3.07 % |
| 1 Year Return | + 13.95 % |
| Market Stats | |
| Previous Close | ₹361.09 |
| Open | ₹362.88 |
| Volume | 1.44L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹21,663.55Cr |
Mindspace Business Parks REIT Key Statistics
| P/E Ratio | 40.46 |
| PEG Ratio | 13.31 |
| Market Cap | ₹21,663.55 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 | ₹21,663.55 Cr | 4.06% | 0.59 | ₹561 Cr | ₹2,458 Cr | |
| BUY | ₹17,224.31 Cr | 1.08% | 0.53 | -₹4 Cr | ₹1,780 Cr | |
| BUY | ₹20,984.27 Cr | 6.56% | 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: ₹365.31 per share as on 24 Dec, 2024 04:01 PM
Market Capitalisation: ₹21,663.55Cr 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
ADIA Exits Mindspace REIT with Major Stake Sale - 18 Dec, 2024
The Abu Dhabi Investment Authority sold a 9.2% stake in Mindspace Business Parks REIT for ₹1,926 crore, exiting its investment. Notable purchases were made by major funds at ₹354.3 per unit.ADIA to Divest Stake in Mindspace Business Parks REIT - 16 Dec, 2024
The Abu Dhabi Investment Authority plans to divest a 9.2% stake in Mindspace Business Parks REIT through a block deal valued at ₹1,903 crore, with a floor price of ₹350 per unit.K Raheja Settles SEBI Case for Mindspace REIT - 28 Nov, 2024
K Raheja Investment Managers has settled a case with SEBI regarding alleged violations of REIT regulations by paying Rs 68.73 lakh. The violations included errors in calculating net distributable cash flows and incomplete disclosures. The settlement was approved by SEBI's High Powered Advisory Committee.Mindspace REIT Achieves 10 Sword of Honour Awards - 23 Nov, 2024
Mindspace Business Parks REIT has received 10 Sword of Honour Awards from the British Safety Council for 2024, marking its sixth consecutive year of recognition for excellence in health and safety. The awards highlight the REIT's commitment to safety across its portfolio, with notable accolades for the Mindspace Madhapur asset. The REIT plans to enhance safety measures further through advanced technologies and robust programs.
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 IMPACTMF Holding Up
Mutual Funds have increased holdings from 1.28% to 1.39% in Sep 2024 quarter
- 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
Price Rise
In the last 7 days, MINDSPACE stock has moved up by 0.3%
- 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
FII Holding Up
Foreign Institutions have increased holdings from 18.64% to 19.04% in Sep 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 63.48% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Brookfield India Real Estate Trust has given 17.0% return, outperforming this stock by 3.0%
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
Retail Holding Down
Retail Investor have decreased holdings from 14.12% to 13.24% in Sep 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 | 19.04% | 2.17 | |
| Mutual Funds | 1.39% | 8.52 | |
| Retail Investors | 13.24% | ||
| Others | 2.85% | 14.49 |
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 (26.53x)
December 24, 2024
Today (40.46x)
December 24, 2024
Highest (68.43x)
March 31, 2023
Mindspace Business Parks REIT Technicals Summary
Bearish
Neutral
Bullish
Mindspace Business Parks REIT is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Mindspace Business Parks REIT
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Mindspace Business Parks REIT (MINDSPACE) share price today is ₹365.31
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 ₹366.85.
- Today’s lowest price of Mindspace Business Parks REIT is ₹360.
PE Ratio of Mindspace Business Parks REIT is 40.46
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 1.44L.
Today’s market capitalisation of Mindspace Business Parks REIT(MINDSPACE) is ₹21663.55Cr.
| Mindspace Business Parks REIT(MINDSPACE | Price |
|---|---|
52 Week High | ₹384.99 |
52 Week Low | ₹284.8 |
Mindspace Business Parks REIT(MINDSPACE) share price is ₹365.31. It is down -5.11% from its 52 Week High price of ₹384.99
Mindspace Business Parks REIT(MINDSPACE) share price is ₹365.31. It is up 28.27% from its 52 Week Low price of ₹284.8
| Mindspace Business Parks REIT(MINDSPACE | Returns |
|---|---|
1 Day Returns | 4.22% |
1 Month Returns | -3.1% |
3 Month Returns | 3.07% |
1 Year Returns | 13.95% |