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Mindspace Business Parks REIT (IN:MINDSPACE)
:MINDSPACE
India Market

Mindspace Business Parks REIT (MINDSPACE) Ratios

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Mindspace Business Parks REIT Ratios

IN:MINDSPACE's free cash flow for Q4 2025 was ₹0.85. For the 2025 fiscal year, IN:MINDSPACE's free cash flow was decreased by ₹ and operating cash flow was ₹0.60. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
0.51 0.40 0.44 0.32-
Quick Ratio
0.51 0.40 0.44 0.31-
Cash Ratio
0.23 0.10 0.22 0.20-
Solvency Ratio
0.08 0.10 0.09 0.13-
Operating Cash Flow Ratio
0.61 0.47 0.76 0.65-
Short-Term Operating Cash Flow Coverage
1.09 0.73 1.60 1.27-
Net Current Asset Value
₹ -109.61B₹ -76.12B₹ -63.42B₹ -53.22B-
Leverage Ratios
Debt-to-Assets Ratio
0.37 0.29 0.24 0.20-
Debt-to-Equity Ratio
0.72 0.49 0.37 0.29-
Debt-to-Capital Ratio
0.42 0.33 0.27 0.22-
Long-Term Debt-to-Capital Ratio
0.38 0.26 0.24 0.18-
Financial Leverage Ratio
1.93 1.68 1.54 1.43-
Debt Service Coverage Ratio
0.75 0.55 0.83 0.88-
Interest Coverage Ratio
2.43 2.93 3.46 3.90-
Debt to Market Cap
0.36 0.34 0.28 0.22-
Interest Debt Per Share
176.60 125.50 97.95 79.66-
Net Debt to EBITDA
4.64 3.81 3.52 3.15-
Profitability Margins
Gross Profit Margin
83.57%82.13%81.45%85.75%-
EBIT Margin
60.95%57.30%48.28%56.62%-
EBITDA Margin
76.84%73.34%64.15%75.68%-
Operating Profit Margin
57.72%56.05%52.95%59.41%-
Pretax Profit Margin
37.23%38.16%32.98%41.38%-
Net Profit Margin
18.92%22.00%12.67%24.55%-
Continuous Operations Profit Margin
20.35%23.52%13.78%25.92%-
Net Income Per EBT
50.83%57.66%38.41%59.33%-
EBT Per EBIT
64.50%68.09%62.28%69.65%-
Return on Assets (ROA)
1.86%2.20%1.25%1.90%-
Return on Equity (ROE)
3.63%3.71%1.92%2.71%-
Return on Capital Employed (ROCE)
6.29%6.50%5.67%4.98%-
Return on Invested Capital (ROIC)
3.24%3.64%2.28%2.99%-
Return on Tangible Assets
1.86%2.20%1.25%1.90%-
Earnings Yield
1.80%2.57%1.47%2.07%-
Efficiency Ratios
Receivables Turnover
12.20 8.87 9.71 17.87-
Payables Turnover
2.53 2.88 3.61 2.60-
Inventory Turnover
87.19 97.97 57.68 94.58-
Fixed Asset Turnover
8.48 11.15 14.09 7.72-
Asset Turnover
0.10 0.10 0.10 0.08-
Working Capital Turnover Ratio
-3.13 -1.60 -2.00 0.00-
Cash Conversion Cycle
-110.36 -81.75 -57.33 -115.83-
Days of Sales Outstanding
29.92 41.15 37.59 20.43-
Days of Inventory Outstanding
4.19 3.73 6.33 3.86-
Days of Payables Outstanding
144.47 126.63 101.25 140.12-
Operating Cycle
34.11 44.88 43.92 24.29-
Cash Flow Ratios
Operating Cash Flow Per Share
26.85 25.74 23.49 19.59-
Free Cash Flow Per Share
2.42 7.48 10.57 9.91-
CapEx Per Share
24.43 18.27 12.92 9.68-
Free Cash Flow to Operating Cash Flow
0.09 0.29 0.45 0.51-
Dividend Paid and CapEx Coverage Ratio
0.92 0.67 0.71 0.69-
Capital Expenditure Coverage Ratio
1.10 1.41 1.82 2.02-
Operating Cash Flow Coverage Ratio
0.16 0.22 0.25 0.26-
Operating Cash Flow to Sales Ratio
0.61 0.64 0.62 0.67-
Free Cash Flow Yield
0.52%2.17%3.24%2.86%-
Valuation Ratios
Price-to-Earnings (P/E) Ratio
55.59 38.88 68.17 48.42-
Price-to-Sales (P/S) Ratio
10.52 8.55 8.63 11.89-
Price-to-Book (P/B) Ratio
2.00 1.44 1.31 1.31-
Price-to-Free Cash Flow (P/FCF) Ratio
190.50 46.04 30.83 34.92-
Price-to-Operating Cash Flow Ratio
17.15 13.37 13.88 17.66-
Price-to-Earnings Growth (PEG) Ratio
10.89 0.46 -2.06 0.00-
Price-to-Fair Value
2.00 1.44 1.31 1.31-
Enterprise Value Multiple
18.33 15.47 16.98 18.86-
Enterprise Value
375.65B 270.78B 243.93B 246.31B-
EV to EBITDA
18.33 15.47 16.98 18.86-
EV to Sales
14.08 11.35 10.89 14.27-
EV to Free Cash Flow
255.06 61.07 38.90 41.92-
EV to Operating Cash Flow
22.97 17.74 17.51 21.20-
Tangible Book Value Per Share
243.12 251.74 262.69 277.75-
Shareholders’ Equity Per Share
230.71 238.93 249.28 263.41-
Tax and Other Ratios
Effective Tax Rate
0.45 0.38 0.58 0.37-
Revenue Per Share
43.78 40.24 37.76 29.11-
Net Income Per Share
8.29 8.85 4.78 7.15-
Tax Burden
0.51 0.58 0.38 0.59-
Interest Burden
0.61 0.67 0.68 0.73-
Research & Development to Revenue
0.00 0.00 0.00 0.00-
SG&A to Revenue
0.03 0.02 0.01 0.01-
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00-
Income Quality
11.41 1.68 1.89 1.63-
Currency in INR