Mindspace Busine

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.

Who are the peers of the Mindspace Busine?

Mindspace Busine's peers include Godrej Properties, Oberoi Realty, Phoenix Mills, Embassy Office REIT, Brigade Enterprises, Nexus Select, Anant Raj, Brookfield India, Signature Global, and Sobha. Mindspace has an average growth rating and a 1-year return of 23.35%, slightly lower than Anant Raj's 24.24%.

Peers: The peers of Mindspace Busine are Godrej Propert., Oberoi Realty, Phoenix Mills, Embassy Off.REIT, Brigade Enterpr., Nexus Select, Anant Raj, Brookfield India, SignatureGlobal, and Sobha.<BR><BR>Quality Snapshot: Excellent management risk is observed at Oberoi Realty, while Average management risk is found at Godrej Propert., Phoenix Mills, Embassy Off.REIT, Brigade Enterpr., Mindspace Busine, Nexus Select, Brookfield India, SignatureGlobal, and Sobha, and Below Average management risk is noted at Anant Raj. Growth is Excellent at Oberoi Realty and Anant Raj, Good at Brigade Enterpr. and Nexus Select, Average at Mindspace Busine, and Below Average at Godrej Propert., Phoenix Mills, Embassy Off.REIT, and Sobha. Capital Structure is Excellent at Oberoi Realty, Good at SignatureGlobal, Average at Nexus Select, and Below Average at Godrej Propert., Phoenix Mills, Embassy Off.REIT, Brigade Enterpr., Mindspace Busine, Anant Raj, Brookfield India, and Sobha.<BR><BR>Return Snapshot: Mindspace Busine has a 1-year return of 23.35%, while the highest 1-year return among peers is 24.24% from Anant Raj, and the lowest is -32.30% from Godrej Propert. Mindspace Busine's return is slightly lower than Anant Raj's. Additionally, the peers with negative six-month returns include Phoenix Mills, Brigade Enterpr., and Sobha.

Who are the peers of the Mindspace Busine?

Mindspace Busine's peers include Godrej Properties, Oberoi Realty, Phoenix Mills, Embassy Office REIT, Brigade Enterprises, Nexus Select, Anant Raj, Brookfield India, Signature Global, and Sobha. Mindspace has a 1-year return of 23.35%, outperforming Godrej Properties (-32.30%) but trailing Anant Raj (24.24%).

Peers: The peers of Mindspace Busine are Godrej Propert., Oberoi Realty, Phoenix Mills, Embassy Off.REIT, Brigade Enterpr., Nexus Select, Anant Raj, Brookfield India, SignatureGlobal, and Sobha.<BR><BR>Quality Snapshot: Excellent management risk is observed at Oberoi Realty, while Average management risk is found at Godrej Propert., Phoenix Mills, Embassy Off.REIT, Brigade Enterpr., Mindspace Busine, Nexus Select, Brookfield India, SignatureGlobal, and Sobha, and Below Average management risk is noted at Anant Raj. Growth is Excellent at Oberoi Realty and Anant Raj, Good at Brigade Enterpr. and Nexus Select, Average at Mindspace Busine, and Below Average at Godrej Propert., Phoenix Mills, Embassy Off.REIT, and Sobha. Capital Structure is Excellent at Oberoi Realty, Good at SignatureGlobal, Average at Nexus Select, and Below Average at Godrej Propert., Phoenix Mills, Embassy Off.REIT, Brigade Enterpr., Mindspace Busine, Brookfield India, Anant Raj, and Sobha.<BR><BR>Return Snapshot: Mindspace Busine has a 1-year return of 23.35%, which is higher than the peer with the highest return, Anant Raj at 24.24%, and significantly higher than the peer with the lowest return, Godrej Propert. at -32.30%. Additionally, the peers with a negative six-month return include Phoenix Mills, Brigade Enterpr., and Sobha.

Who are in the management team of Mindspace Busine?

As of March 2023, the management team of Mindspace Business includes Chairperson Deepak Ghaisas, Independent Directors Manisha Girotra, Bobby Parikh, Manish Kejriwal, and Non-Executive Directors Ravi C Raheja and Neel C Raheja, along with Company Secretary Bharat Sanghavi. The team features a mix of independent and non-executive directors.

As of March 2023, the management team of Mindspace Business includes the following individuals:<BR><BR>1. Deepak Ghaisas - Chairperson (Remuneration: INR 24.5 lacs)<BR>2. Manisha Girotra - Independent Director (Remuneration: INR 5.5 lacs)<BR>3. Bobby Parikh - Independent Director (Remuneration: INR 16.5 lacs)<BR>4. Ravi C Raheja - Non Executive Director (Remuneration: INR 11.5 lacs)<BR>5. Neel C Raheja - Non Executive Director (Remuneration: INR 14.0 lacs)<BR>6. Manish Kejriwal - Independent Director (Remuneration: INR 8.5 lacs)<BR>7. Bharat Sanghavi - Company Secretary & Compliance Officer (Remuneration: INR 0)<BR><BR>This team comprises a mix of independent and non-executive directors, along with a company secretary responsible for compliance.

What does Mindspace Busine do?

Mindspace Business Parks REIT is a large-cap entity in the realty industry, focusing on managing and investing in business parks. As of March 2025, it reported net sales of ₹7,041 Cr and a net profit of ₹868 Cr, with a market cap of ₹25,544 Cr.

Overview:<BR>Mindspace Business Parks REIT operates in the realty industry as a large-cap entity, focusing on the management and investment in business parks.<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 reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 7,041 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 868 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 25,544 Cr (Large Cap)<BR><BR>Key Metrics:<BR>P/E: 54.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 3.74% <BR>Debt Equity: 0.67 <BR>Return on Equity: 3.40% <BR>Price to Book: 1.81 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

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.

How big is Mindspace Busine?

As of 24th July, Mindspace Business Parks REIT has a market capitalization of 25,503.00 Cr, with Net Sales of 2,657.75 Cr and a Net Profit of 476.28 Cr reported in the latest four quarters. Shareholder's Funds are 14,054.44 Cr and Total Assets are valued at 27,088.06 Cr as of March 2025.

As of 24th July, Mindspace Business Parks REIT has a market capitalization of 25,503.00 Cr, categorizing it as a Large Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 2,657.75 Cr and a Net Profit of 476.28 Cr.<BR><BR>For the reporting period of March 2025, the Shareholder's Funds amounted to 14,054.44 Cr, while the Total Assets were valued at 27,088.06 Cr.

Are Mindspace Busine latest results good or bad?

Mindspace Business reported strong net sales growth of 18.98% year-on-year, reaching ₹772.01 crores, but faced a decline in net profit by 7.27% year-on-year due to rising interest costs, raising concerns about profitability sustainability despite robust revenue growth.

Mindspace Business has reported mixed results for the latest quarter. On one hand, the company achieved a significant milestone with net sales reaching ₹772.01 crores, marking an impressive year-on-year growth of 18.98%. This is the highest quarterly revenue in the company's history, indicating strong demand for its premium office spaces.<BR><BR>However, the profitability picture is concerning. Consolidated net profit fell to ₹116.50 crores, down 7.27% year-on-year and a steep 25.66% from the previous quarter. This decline raises questions about the sustainability of earnings, especially given the substantial increase in interest costs, which surged by 56.04% year-on-year to ₹203.63 crores. The rising interest expenses are consuming a larger portion of operating profits, which has negatively impacted the company's ability to translate revenue growth into net profit.<BR><BR>While the operating margin remains strong at 74.49%, the overall financial performance suggests that despite robust sales growth, the company is facing significant challenges in maintaining profitability due to high debt servicing costs and increased financial leverage. Therefore, while the revenue growth is a positive indicator, the decline in profits and rising interest costs signal potential issues that investors should monitor closely.

Should I buy, sell or hold Mindspace Busine?

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.

Has Mindspace Busine declared dividend?

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, with a 5-year total return of 72.87%.

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: 07 Nov 25<BR><BR>Dividend Yield: 3.81%<BR><BR>Total Returns by Period:<BR>In the 3-month period, the price return was 8.08%, the dividend return was 1.81%, resulting in a total return of 9.89%.<BR><BR>For the 6-month period, the price return was 18.31%, the dividend return was 3.93%, leading to a total return of 22.24%.<BR><BR>Over the 1-year period, the price return was 21.42%, with a dividend return of 6.67%, culminating in a total return of 28.09%.<BR><BR>In the 2-year period, the price return was 47.46%, the dividend return was 11.17%, which produced a total return of 58.63%.<BR><BR>For the 3-year period, the price return was 32.51%, the dividend return was 13.73%, resulting in a total return of 46.24%.<BR><BR>During the 4-year period, the price return was 41.46%, the dividend return was 17.95%, leading to a total return of 59.41%.<BR><BR>In the 5-year period, the price return was 51.21%, with a dividend return of 21.66%, resulting in a total return of 72.87%.<BR><BR>Overall, Mindspace Business Parks REIT has declared a dividend and has demonstrated strong total returns across various periods, indicating a positive performance for investors. The combination of price appreciation and dividend returns contributes to a robust investment outlook.

Which are the latest news on Mindspace Busine?

Why is Mindspace Business Parks REIT falling/rising?

As of 18-Jan, the stock price of Mindspace Business Parks REIT is at Rs 492.50, reflecting a 2.61% increase. This rise is driven by strong performance metrics, including a year-to-date return of 3.67% and a one-year return of 31.09%, despite a decline in investor participation.

As of 18-Jan, the stock price of Mindspace Business Parks REIT is rising, currently at Rs 492.50, which reflects an increase of Rs 12.52 or 2.61%. This upward movement can be attributed to several factors. Over the past week, the stock has gained 1.67%, while the benchmark Sensex has remained nearly flat with a change of -0.01%. In the last month, the stock has outperformed the market with a return of 4.52% compared to a decline of 1.31% in the Sensex.<BR><BR>Year-to-date, the stock has shown a positive return of 3.67%, again surpassing the Sensex, which has declined by 1.94%. Over the past year, Mindspace Business Parks REIT has delivered an impressive return of 31.09%, significantly higher than the market's return of 8.47%. This strong performance is further supported by the stock's consistent gains, having risen for the last two days with a total return of 3.91% during this period.<BR><BR>Additionally, the stock is trading above its moving averages across various time frames, indicating a bullish trend. It is also close to its 52-week high, just 1.77% away from Rs 501.24. The high dividend yield of 4.98% at the current price may also attract investors, contributing to the stock's upward momentum. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 15.05% against the 5-day average, which could be a point of concern moving forward. Overall, the combination of strong performance metrics and favorable market conditions has led to the rise in the stock price of Mindspace Business Parks REIT.