ScoreWhy is Mindspace Business Parks REIT ?
1
Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.69 times
- Poor long term growth as Net Sales has grown by an annual rate of 13.59% and Operating profit at 13.59% over the last 5 years
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.69 times
- The company has been able to generate a Return on Equity (avg) of 3.43% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of 13.59% and Operating profit at 13.59% over the last 5 years
3
Flat results in Sep 25
- INTEREST(Latest six months) At Rs 406.48 cr has Grown at 35.28%
- ROCE(HY) Lowest at 3.31%
- DEBT-EQUITY RATIO(HY) Highest at 2.87 times
4
With ROCE of 6.9, it has a Very Expensive valuation with a 1.8 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 27.78%, its profits have fallen by -2.3%
- At the current price, the company has a high dividend yield of 4.9
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
27.78%
1.70
16.36%
Sensex
8.65%
0.76
11.31%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
13.59%
EBIT Growth (5y)
13.59%
EBIT to Interest (avg)
3.27
Debt to EBITDA (avg)
4.23
Net Debt to Equity (avg)
0.77
Sales to Capital Employed (avg)
0.11
Tax Ratio
45.65%
Dividend Payout Ratio
53.80%
Pledged Shares
47.58%
Institutional Holding
23.54%
ROCE (avg)
6.63%
ROE (avg)
3.43%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
61
Industry P/E
28
Price to Book Value
2.35
EV to EBIT
25.50
EV to EBITDA
20.13
EV to Capital Employed
1.76
EV to Sales
14.84
PEG Ratio
NA
Dividend Yield
4.85%
ROCE (Latest)
6.91%
ROE (Latest)
3.84%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend6What is working for the Company
NET SALES(Q)
Highest at Rs 772.01 cr
PBDIT(Q)
Highest at Rs 575.04 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 74.49%
PBT LESS OI(Q)
Highest at Rs 259.17 cr.
EPS(Q)
Highest at Rs 2.72
-10What is not working for the Company
INTEREST(Latest six months)
At Rs 406.48 cr has Grown at 35.28%
ROCE(HY)
Lowest at 3.31%
DEBT-EQUITY RATIO(HY)
Highest at 2.87 times
Loading Valuation Snapshot...
Here's what is working for Mindspace Busine
Net Sales - Quarterly
Highest at Rs 772.01 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 575.04 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 74.49%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 259.17 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 2.72
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Mindspace Busine
Interest - Latest six months
At Rs 406.48 cr has Grown at 35.28%
over previous Half yearly periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Debt-Equity Ratio - Half Yearly
Highest at 2.87 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
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
