ScoreWhy is Mindspace Business Parks REIT ?
1
Low ability to service debt as the company has a high Debt to EBITDA ratio of 5.33 times
- Poor long term growth as Operating profit has grown by an annual rate 18.65% of over the last 5 years
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 5.33 times
- The company has been able to generate a Return on Equity (avg) of 3.56% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Operating profit has grown by an annual rate 18.65% of over the last 5 years
3
With a growth in Net Profit of 30.22%, the company declared Very Positive results in Jun 26
- The company has declared positive results for the last 3 consecutive quarters
- ROCE(HY) Highest at 7.32%
- NET SALES(Q) Highest at Rs 946.44 cr
- PBDIT(Q) Highest at Rs 713.71 cr.
4
With ROCE of 7.3, it has a Very Expensive valuation with a 1.7 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 18.30%, its profits have risen by 54.3% ; the PEG ratio of the company is 1
- At the current price, the company has a high dividend yield of 6.5
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Mindspace Busine should be less than 10%
- Overall Portfolio exposure to Realty should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Realty)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Mindspace Busine for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Mindspace Busine
18.26%
1.19
15.37%
Sensex
-2.67%
-0.20
13.57%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
16.85%
EBIT Growth (5y)
18.65%
EBIT to Interest (avg)
3.01
Debt to EBITDA (avg)
4.43
Net Debt to Equity (avg)
0.78
Sales to Capital Employed (avg)
0.11
Tax Ratio
37.50%
Dividend Payout Ratio
277.90%
Pledged Shares
30.62%
Institutional Holding
21.07%
ROCE (avg)
6.74%
ROE (avg)
3.56%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
42
Industry P/E
32
Price to Book Value
2.18
EV to EBIT
21.03
EV to EBITDA
17.12
EV to Capital Employed
1.66
EV to Sales
13.01
PEG Ratio
1.00
Dividend Yield
6.49%
ROCE (Latest)
7.32%
ROE (Latest)
4.49%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bullish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend27What is working for the Company
ROCE(HY)
Highest at 7.32%
NET SALES(Q)
Highest at Rs 946.44 cr
PBDIT(Q)
Highest at Rs 713.71 cr.
PBT LESS OI(Q)
Highest at Rs 342.61 cr.
DEBTORS TURNOVER RATIO(HY)
Highest at 61.72 times
PAT(Q)
Highest at Rs 261.87 cr.
EPS(Q)
Highest at Rs 6.50
-6What is not working for the Company
DEBT-EQUITY RATIO(HY)
Highest at 0.86 times
INTEREST(Q)
Highest at Rs 256.12 cr
Loading Valuation Snapshot...
Here's what is working for Mindspace Busine
Net Sales - Quarterly
Highest at Rs 946.44 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 713.71 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term Operating Profit trend is quite positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 342.61 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 261.87 cr has Grown at 54.9% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 169.06 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 342.61 cr has Grown at 20.2% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 285.09 CrMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 261.87 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 6.50
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Debtors Turnover Ratio- Half Yearly
Highest at 61.72 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Mindspace Busine
Debt-Equity Ratio - Half Yearly
Highest at 0.86 times and Grown
each half year in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Interest - Quarterly
Highest at Rs 256.12 cr
in the last five quarters and Increased by 16.44 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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