Mindspace Busine

Why is Mindspace Business Parks REIT falling/rising?

As of 12-Jun, the stock price of Mindspace Business Parks REIT is at 460.44, showing a slight increase but underperforming its sector and trading below key moving averages. Despite a positive annual return and strong financial results, declining investor participation and overall market sentiment indicate ongoing challenges for the stock.

As of 12-Jun, the stock price of Mindspace Business Parks REIT is currently at 460.44, reflecting a slight increase of 0.7 (0.15%). Despite this minor rise, the stock has underperformed its sector by 2.31% today and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a general downward trend in its price performance.<BR><BR>Investor participation has also declined, with a delivery volume of 1.96 lacs on June 11, which is down by 16.88% compared to the 5-day average. This reduction in trading activity may suggest a lack of confidence among investors. <BR><BR>On a broader scale, while the stock has shown a positive return of 8.59% over the past year, it has a year-to-date decline of 3.08%, contrasting with the Sensex, which has seen a gain of 1.73% over the past week. Additionally, the Miscellaneous sector has gained by 2.4%, further highlighting the stock's relative weakness.<BR><BR>However, it is important to note that the company has reported positive financial results, including a growth in operating profit of 10.17% and record high net sales and PBDIT for the last quarter. Despite these positive indicators, the overall market sentiment and recent performance metrics suggest that the stock is currently facing challenges that may be contributing to its underperformance.

Which are the latest news on Mindspace Busine?

What does Mindspace Busine do?

Mindspace Business Parks REIT is a small-cap real estate investment trust based in Mumbai, India, focused on realty. As of March 2026, it reported net sales of ₹890 Cr and a net profit of ₹199 Cr, with a market cap of ₹30,518 Cr.

Overview:<BR>Mindspace Business Parks REIT operates in the realty industry as a small-cap company focused on real estate investment trusts.<BR><BR>History:<BR>Mindspace Business Parks REIT was incorporated on 18 November 2019 in Mumbai, Maharashtra, India, as a contributory, determinate, and irrevocable trust under the Indian Trusts Act, 1882. It was registered with SEBI on 10 December 2019. The latest quarterly results report net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 890 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 199 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 30,518 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 45.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 6.97% <BR>Debt Equity: 0.78 <BR>Return on Equity: 4.49% <BR>Price to Book: 2.03 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

How big is Mindspace Busine?

As of 10th June, Mindspace Business Parks REIT has a market capitalization of 30,518.00 Cr, with recent net sales of 3,216.34 Cr and net profit of 651.87 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Mindspace Business Parks REIT has a market capitalization of 30,518.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 3,216.34 Cr, while the sum of Net Profit for the same period is 651.87 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 14,054.44 Cr, and Total Assets are valued at 27,088.06 Cr.

Who are in the management team of Mindspace Busine?

The management team of Mindspace Business includes Deepak Ghaisas (Chairperson), Manisha Girotra, Bobby Parikh, Manish Kejriwal (Independent Directors), Ravi C Raheja, Neel C Raheja (Non-Executive Directors), and Bharat Sanghavi (Company Secretary & Compliance Officer).

The management team of Mindspace Business includes the following individuals:<BR><BR>1. **Deepak Ghaisas** - Chairperson<BR>2. **Manisha Girotra** - Independent Director<BR>3. **Bobby Parikh** - Independent Director<BR>4. **Ravi C Raheja** - Non-Executive Director<BR>5. **Neel C Raheja** - Non-Executive Director<BR>6. **Manish Kejriwal** - Independent Director<BR>7. **Bharat Sanghavi** - Company Secretary & Compliance Officer<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

Who are the peers of the Mindspace Busine?

Mindspace Busine's peers include Prestige Estates, Knowledge Realty, Godrej Properties, Embassy Office REIT, Brookfield India, Nexus Select, Anant Raj, Brigade Enterprises, and Sobha. Mindspace Busine has the highest 1-year return at 10.02%, while Brigade Enterprises has the lowest at -47.64%.

Peers: The peers of Mindspace Busine are Prestige Estates, Knowledge Realty, Godrej Propert., Embassy Off.REIT, Brookfield India, Nexus Select, Anant Raj, Brigade Enterpr., and Sobha.<BR><BR>Quality Snapshot: Excellent management risk is observed at Anant Raj, while Average management risk is found at Prestige Estates, Knowledge Realty, Godrej Propert., Embassy Off.REIT, Mindspace Busine, Brookfield India, Nexus Select, Brigade Enterpr., and Sobha. Growth is rated as Excellent for Brookfield India and Brigade Enterpr., while Good growth is noted for Prestige Estates, Average growth is found at Mindspace Busine, and Below Average growth is observed at Knowledge Realty, Godrej Propert., Embassy Off.REIT, Nexus Select, Sobha, and the rest. Capital Structure is rated as Below Average for Prestige Estates, Knowledge Realty, Godrej Propert., Embassy Off.REIT, Mindspace Busine, Brookfield India, Brigade Enterpr., and Sobha, while Average capital structure is seen at Nexus Select and Anant Raj.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Mindspace Busine at 10.02%, while Brigade Enterpr. has the lowest at -47.64%, indicating that Mindspace Busine outperforms Brigade Enterpr. significantly. Additionally, several peers, including Prestige Estates, Godrej Propert., Brigade Enterpr., and Sobha, have negative six-month returns.

Are Mindspace Business Parks REIT latest results good or bad?

Mindspace Business Parks REIT's latest results show strong growth with a net profit increase of 128.62% year-on-year and record net sales, but concerns about high valuations and leverage suggest caution for new investors. Existing holders can benefit from a solid dividend yield of 6.58%.

Mindspace Business Parks REIT's latest results present a mixed picture. In Q4 FY26, the REIT reported a net profit of ₹198.56 crores, which reflects a strong year-on-year growth of 128.62% and a sequential increase of 10.25%. Net sales also reached an all-time high of ₹889.95 crores, up 30.67% year-on-year and 9.31% quarter-on-quarter. The operating margin was impressive at 77.02%, the highest recorded, indicating strong operational efficiency.<BR><BR>However, despite these positive metrics, there are concerns regarding the valuation and leverage. The REIT is currently rated as a "HOLD" with an overall score of 52 out of 100, indicating caution for new investors due to its high price-to-earnings ratio of 54 times compared to the industry average of 35 times. The debt-to-equity ratio has also increased to 0.83, raising some leverage concerns.<BR><BR>Overall, while the operational performance is commendable, the elevated valuations and leverage suggest that investors should approach with caution, especially if considering new investments. Existing holders may find comfort in the attractive dividend yield of 6.58% and the REIT's strong operational metrics.

Should I buy, sell or hold Mindspace Business Parks REIT?

Has Mindspace Business Parks REIT declared dividend?

Yes, Mindspace Business Parks REIT has declared a 2% dividend, amounting to 7.5816 per share, with an ex-date of November 7, 2025. The REIT has shown strong total returns across various periods, indicating a favorable investment opportunity.

Mindspace Business Parks REIT has declared a 2% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 2%<BR>- Amount per share: 7.5816<BR>- Ex-date: Nov-07-2025<BR><BR>Dividend Yield: 4.86%.<BR><BR>Total Returns by Period:<BR>In the 3 Months period, the price return was 7.84%, the dividend return was 3.68%, resulting in a total return of 11.52%.<BR><BR>In the 6 Months period, the price return was 18.07%, the dividend return was 5.92%, leading to a total return of 23.99%.<BR><BR>In the 1 Year period, the price return was 32.1%, the dividend return was 8.55%, culminating in a total return of 40.65%.<BR><BR>In the 2 Years period, the price return was 52.14%, the dividend return was 13.01%, resulting in a total return of 65.15%.<BR><BR>In the 3 Years period, the price return was 48.07%, the dividend return was 16.80%, leading to a total return of 64.87%.<BR><BR>In the 4 Years period, the price return was 44.54%, the dividend return was 18.29%, culminating in a total return of 62.83%.<BR><BR>In the 5 Years period, the price return was 48.82%, the dividend return was 24.88%, resulting in a total return of 73.7%.<BR><BR>Overall, Mindspace Business Parks REIT has declared a dividend and has demonstrated strong total returns across various periods, indicating positive performance for investors. The consistent dividend yield and returns suggest a favorable investment opportunity.

How has been the historical performance of Mindspace Busine?

Mindspace Business has shown significant growth, with net sales increasing from INR 1,151.40 crore in March 2021 to INR 2,596.11 crore in March 2025, and operating profit rising to INR 1,968.16 crore. However, profit after tax peaked at INR 561.24 crore in March 2024 before declining to INR 513.75 crore in March 2025, while total liabilities and assets both increased during the same period.

Answer:<BR>The historical performance of Mindspace Busine shows significant growth in net sales and operating profit over the years, with net sales increasing from INR 1,151.40 crore in March 2021 to INR 2,596.11 crore in March 2025. The total operating income followed a similar trend, rising from INR 1,760.80 crore in March 2022 to INR 2,596.11 crore in March 2025. Operating profit (PBDIT) also saw a substantial increase, reaching INR 1,968.16 crore in March 2025, up from INR 859.20 crore in March 2021. However, profit after tax showed fluctuations, peaking at INR 561.24 crore in March 2024 before declining to INR 513.75 crore in March 2025. The company’s total liabilities increased from INR 22,117.60 crore in March 2021 to INR 27,088.06 crore in March 2025, while total assets rose from INR 22,117.60 crore to INR 27,088.06 crore in the same period. Cash flow from operating activities improved significantly, reaching INR 2,017 crore in March 2025, compared to INR 797 crore in March 2021.<BR><BR>Breakdown:<BR>Mindspace Busine has demonstrated a robust growth trajectory in its financial performance over the past five years. Net sales surged from INR 1,151.40 crore in March 2021 to INR 2,596.11 crore in March 2025, indicating a strong demand for its offerings. The total operating income mirrored this growth, reaching INR 2,596.11 crore in March 2025. Operating profit (PBDIT) also saw a consistent upward trend, climbing to INR 1,968.16 crore in March 2025 from INR 859.20 crore in March 2021. Despite this growth, profit after tax fluctuated, peaking at INR 561.24 crore in March 2024 before dropping to INR 513.75 crore in March 2025. The company's total liabilities rose significantly, reflecting increased borrowing, while total assets also grew, indicating a solid asset base. Cash flow from operating activities improved markedly, highlighting enhanced operational efficiency and cash generation capabilities.

Who are the top shareholders of the Mindspace Busine?

The top shareholders of Mindspace Business include Casa Maria Properties LLP with 7.9%, foreign institutional investors holding 26.83%, mutual funds at 5.16%, and individual investors with 9.3%. There are no pledged promoter holdings or significant public shareholders.

The top shareholders of Mindspace Business include the promoters, who hold the majority of the shares. Casa Maria Properties LLP is the promoter with the highest holding at 7.9%. Additionally, foreign institutional investors (FIIs) hold 26.83% of the shares, while mutual funds have a stake of 5.16%. Individual investors collectively hold 9.3% of the company. There are no pledged promoter holdings or significant public shareholders noted.

When is the next results date for Mindspace Busine?

No Upcoming Board Meetings

Is Mindspace Busine technically bullish or bearish?

Mindspace Business Parks REIT is currently showing a mildly bullish technical stance, with recent price increases and positive daily moving averages, despite some mixed signals from longer-term indicators.

Mindspace Business Parks REIT is currently exhibiting a mildly bullish technical stance. The stock price has recently increased to 365.53, showing a positive movement from the previous close. While there are mixed signals in the technical indicators—such as a mildly bearish MACD on both weekly and monthly charts and a bearish weekly outlook from the Bollinger Bands—the daily moving averages suggest a bullish trend.<BR><BR>Overall, despite some bearish signals in the longer-term indicators, the recent shift in price and daily trends points towards a mildly bullish sentiment in the market for Mindspace Business Parks REIT.