Mindspace Business Parks REIT (MINDSPACE) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

Brookfield India

Phoenix Mills

Mindspace Busine

Nexus Select

Oberoi Realty

Anant Raj

Embassy Off.REIT

Sobha

Brigade Enterpr.

Godrej Propert.

Knowledge Realty

Why is Mindspace Business Parks REIT ?

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

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

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

With ROCE of 6.9, 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 33.64%, its profits have fallen by -2.3%
At the current price, the company has a high dividend yield of 5.2

Real-Time Research Report

Verdict Report

How 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

33.84%

2.08

16.30%

Sensex

4.83%

0.41

11.83%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality 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%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

2.18

EV to EBIT

24.14

EV to EBITDA

19.06

EV to Capital Employed

1.67

EV to Sales

14.05

PEG Ratio

Dividend Yield

5.22%

ROCE (Latest)

6.91%

ROE (Latest)

3.84%

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bearish

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Bullish

OBV

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

6What 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 quarters

MOJO 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 quarters

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly

Highest at 74.49%

in the last five quarters

MOJO 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 quarters

MOJO 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 quarters

MOJO 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 period

MOJO 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 periods

MOJO Watch

The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio