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.

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.

Are Mindspace Business Parks REIT latest results good or bad?

Mindspace Business Parks REIT's latest results show strong revenue growth of 18.98% year-on-year, but a significant net profit decline of 25.66% quarter-on-quarter due to rising interest costs and a high tax rate. Overall, while revenue is robust, the profit challenges indicate a more complex situation for investors.

The latest results for Mindspace Business Parks REIT present a mixed picture. On one hand, the company achieved a strong revenue growth of 18.98% year-on-year, with net sales reaching ₹772.01 crores, marking the highest quarterly figure in recent history. This reflects robust demand for premium office spaces across its portfolio.<BR><BR>However, the consolidated net profit of ₹116.50 crores represents a significant decline of 25.66% quarter-on-quarter and a year-on-year decrease of 7.27%. This profit compression is attributed to rising interest costs, which surged by 57.98% year-on-year, and an elevated effective tax rate of 45.59%, which has significantly impacted profit margins.<BR><BR>While the operating margin remains healthy at 74.49%, the decline in net profit and the challenges posed by increased financing costs and tax burdens are concerning. The REIT's ability to maintain operational efficiency while managing these pressures will be crucial moving forward.<BR><BR>In summary, while revenue growth is strong, the decline in net profit and rising costs suggest that the results are more challenging than they might initially appear. Investors should weigh these factors carefully when considering their positions in Mindspace REIT.

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.

Which are the latest news on Mindspace Busine?

Why is Mindspace Business Parks REIT falling/rising?

As of 04-Mar, the stock price of Mindspace Business Parks REIT is currently 450.00, reflecting a decline of 1.72% and a total drop of 8.99% over the last eight days. Despite a strong long-term growth of 22.95% over the past year, recent bearish trends and decreased investor participation are impacting its short-term performance.

As of 04-Mar, the stock price of Mindspace Business Parks REIT is falling, currently at 450.00, which reflects a decrease of 7.86 (-1.72%). The stock has been on a downward trend, losing value for the last eight consecutive days, resulting in a total decline of 8.99% during this period. Additionally, the stock's performance over the past week shows a drop of 6.79%, which is worse than the benchmark Sensex's decline of 3.84%.<BR><BR>Today's trading activity indicates that the stock reached an intraday low of Rs 441.28, marking a decrease of 3.62%. The weighted average price suggests that more volume was traded closer to this low price, indicating bearish sentiment among investors. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 23.42% compared to the five-day average.<BR><BR>Despite these negative trends, it is important to note that the stock has shown strong long-term growth, with a 22.95% return over the past year, significantly outperforming the market. However, the current short-term performance and the recent consecutive falls are the primary reasons for the stock's decline at this time.