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Mindspace Business Parks REIT (IN:MINDSPACE)
:MINDSPACE
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Mindspace Business Parks REIT
(MINDSPACE)
Rating:66Neutral
Price Target:
₹443.00
▲(5.14% Upside)
Mindspace Business Parks REIT (MINDSPACE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹256.68B
Dividend Yield0%
Average Volume (3M)6.52K
Price to Earnings (P/E)50.4
Beta (1Y)0.11
Revenue Growth9.83%
EPS Growth-4.94%
CountryIN
EmployeesN/A
SectorReal Estate
Sector Strength48
IndustryREIT - Office
Share Statistics
EPS (TTM)2.60
Shares Outstanding609,183,650
10 Day Avg. Volume5,134
30 Day Avg. Volume6,520
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹454.40Price Target Upside7.84% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Mindspace Business Parks REIT Business Overview & Revenue Model
Company DescriptionMindspace Business Parks REIT (MINDSPACE) is a real estate investment trust that primarily focuses on acquiring, developing, and managing high-quality office spaces across key commercial hubs in India. The company caters to a diverse portfolio of tenants, including multinational corporations and leading domestic firms, by providing modern and sustainable office environments. Mindspace REIT is known for its strategic locations, world-class infrastructure, and comprehensive amenities that support the evolving needs of businesses.
How the Company Makes MoneyMindspace Business Parks REIT generates revenue primarily through the leasing of its commercial real estate properties to a variety of tenants. The core revenue stream includes rental income from office spaces, which is typically based on long-term lease agreements. Additional sources of income include maintenance charges and facility management services provided to tenants. The company's earnings are further bolstered by its strategic partnerships with corporate clients and its reputation for maintaining high occupancy rates. Mindspace's focus on prime locations and quality infrastructure enables it to attract and retain a robust tenant base, driving consistent cash flows.
Mindspace Business Parks REIT Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 25.56B | 23.86B | 22.39B | 17.26B |
| Gross Profit | 21.66B | 19.60B | 18.24B | 14.80B |
| EBITDA | 19.30B | 17.50B | 14.37B | 13.06B |
| Net Income | 4.76B | 5.25B | 2.84B | 4.24B |
Balance Sheet | ||||
| Total Assets | 271.60B | 238.45B | 227.23B | 223.53B |
| Cash, Cash Equivalents and Short-Term Investments | 6.17B | 3.20B | 4.06B | 3.48B |
| Total Debt | 101.25B | 69.86B | 54.66B | 44.61B |
| Total Liabilities | 123.50B | 89.16B | 71.45B | 58.82B |
| Stockholders Equity | 140.54B | 141.69B | 147.83B | 156.21B |
Cash Flow | ||||
| Free Cash Flow | 56.31M | 4.43B | 6.27B | 5.88B |
| Operating Cash Flow | 5.84B | 15.27B | 13.93B | 11.62B |
| Investing Cash Flow | -5.77B | -14.59B | -7.51B | -4.56B |
| Financing Cash Flow | -2.32B | -1.64B | -4.56B | -7.54B |
Mindspace Business Parks REIT Technical Analysis
Positive
421.35
Price Trends
413.16
Positive
399.55
Positive
377.34
Positive
Market Momentum
3.59
Negative
57.36
Neutral
61.04
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MINDSPACE, the sentiment is Positive. The current price of 421.35 is below the 20-day moving average (MA) of 421.61, above the 50-day MA of 413.16, and above the 200-day MA of 377.34, indicating a bullish trend. The MACD of 3.59 indicates Negative momentum. The RSI at 57.36 is Neutral, neither overbought nor oversold. The STOCH value of 61.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MINDSPACE.
Mindspace Business Parks REIT Peers Comparison
Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | ₹256.68B | 50.44 | ― | 9.83% | -4.94% | ||
63 Neutral | $7.02B | 13.29 | -0.50% | 6.92% | 4.08% | -25.24% | |
| ― | ₹192.97B | 87.55 | ― | ― | ― | ||
73 Outperform | ₹370.46B | 23.10 | 5.91% | 10.41% | 76.16% | ||
| ― | ₹263.41B | 50.81 | ― | ― | ― | ||
70 Outperform | ₹600.05B | 29.10 | 0.48% | -4.15% | -5.81% |
* Real Estate Sector Average
Performance Comparison
IN:MINDSPACE
Mindspace Business Parks REIT
421.35
101.02
31.54%
IN:BIRET
Brookfield India Real Estate Trust
320.07
69.10
27.53%
IN:EMBASSY
Embassy Office Parks REIT
390.82
21.73
5.89%
IN:NHIT
National Highways Infra Trust Units
136.00
16.52
13.83%
IN:OBEROIRLTY
Oberoi Realty Limited
1,661.45
-78.99
-4.54%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.