Mindspace Business Parks REIT Share Price

Infra/ Real Estate Investment Trust

NSE: MINDSPACE Small Cap ISIN: INE0CCU25019

As on 31 January 2025 at 13:59 IST

₹374

+ 1.29

(0.35%)

Sell Buy

Over 1 Month

3.51%

Over 6 Months

9.67%

Over 1 Year

16.77%

Over 3 Years

8.61%

Mindspace Business Parks REIT Summary

Close ₹ 374

Open ₹ 375.50

High ₹ 375.50

Low ₹ 372.71

Volume 53,536

Net Turnover (in ₹ Cr) ₹ 1.58

52Wk High ₹ 384.99

52Wk Low ₹ 318.85

52Wk High / Low

318.85

384.99

Mindspace Business Parks REIT Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 22,102.38

EPS (TTM) 11.74

Book Value (BV) 276.11

Div. Yield 1.27 %

P/E (TTM) 31.77

Price/Book Value 1.35

Delivery % 86.60 %

Face Value 275

Key Ratios

PE Ratio 17.52

PB Ratio 1.22

EV to Sales 16.82

PEG Ratio 17

ROA 5.78

ROE 6.99

Debt-Equity 0.17

Net Profit Margin 82.97

Operating Profit Margin 98.91

Mindspace Business Parks REIT Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	2,476.90	2,304.10	1,769.60	1,156.50	-
Total Expenses	1,517.40	1,443	978.60	677.10	4.90
Profit Before Tax	910.60	738.40	714.30	479.30	-4.90
Profit After Tax	561.20	308.50	447.30	334.80	-4.90
Operating Profit after Depreciation	1,416.10	1,204.20	1,055.40	650.10	-4.90

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	113	129.70	154	141.10	-
Total Non Current Assets	22,687.40	21,919.80	21,793.20	21,737	-
Total Current Assets	1,157.20	803.30	560.30	534.90	-
TOTAL ASSETS	23,844.60	22,723.10	22,353.50	22,271.90	-
Total Shareholder's Fund	14,168.90	14,782.70	15,620.50	16,303	-4.90

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	1,526.50	1,393	1,161.80	797.80	-
Net Cash used in Investing Activities	-1,458.70	-750.60	-455.80	853.10	-
Net Cash used in Financing Activities	-163.50	-456.30	-754.30	-1,504.40	-

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	1,401.80	1,282.20	1,202.50	614.50	-
Total Expenses	239.80	131.30	98.90	30.60	4.90
Profit Before Tax	1,162	1,150.90	1,103.60	583.90	-4.90
Profit After Tax	1,161.20	1,149.10	1,103	583.40	-4.90
Operating Profit after Depreciation	1,384.20	1,264.80	1,190.30	606.90	-4.90

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	-	-	-	-	-
Total Non Current Assets	18,705.20	18,354.80	17,463.80	17,449.90	-
Total Current Assets	1,485.90	497.60	838.20	294.90	-
TOTAL ASSETS	20,191.10	18,852.40	18,302	17,744.80	-
Total Shareholder's Fund	16,626.80	16,604.10	16,575.80	16,578.90	-4.90

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	-14.90	-19.90	-12.50	-10.60	-
Net Cash used in Investing Activities	65.70	748.70	633	-1,524.70	-
Net Cash used in Financing Activities	-45.40	-711.80	-632.90	1,829.10	-

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	660.94	648.88	638.16	619.42	608.08
Total Expenses	171.51	166.13	175.74	176.27	157.85
Profit Before Tax	249.71	257.17	242.27	198.30	238.98
Profit After Tax	144.96	134.98	137.71	127.09	146.89
Operating Profit after Depreciation	502.96	486.02	465.49	447.83	452.98

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	285.60	291.79	99.91	356.68	357.47
Total Expenses	5.19	6.20	3.93	6.49	3.62
Profit Before Tax	191.13	198.18	21.12	289.05	292.60
Profit After Tax	188.68	197.87	20.74	288.87	292.39
Operating Profit after Depreciation	285.25	286.33	96.90	350.88	354.28

Mindspace Business Parks REIT Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 369.51

S2 366.32

S3 362.07

Pivot 373.76

R1 376.95

R2 381.20

R3 384.39

Moving Average

20 SMA 374.21

50 SMA 370.57

100 SMA 367.60

200 SMA 355.14

Mindspace Business Parks REIT Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Mindspace Business Parks REIT

₹5.32/Share

Announcement Date 29 Jan 2025

Record Date 29 Jan 2025

Div Yield 1.9345%

AGM Date: 29 Jun 2022

AGM 29/06/2022 We wish to inform you that the Second Annual Meeting (Meeting) of unitholders of Mindspace Business Parks REIT was held on Wednesday, June 29, 2022. The Meeting commenced at 3:30 p.m. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM_) and the venue of the Meeting was deemed to be the principal place of business situated at Raheja Tower, Level 8, Block G, C-30, Bandra Kurla Complex, Mumbai-400051.The unitholders have with requisite majority, duly approved all the items as set out in the Notice of the Second Annual Meeting dated May 12, 2022 of Mindspace REIT. Details of the voting results along with the copy of the Scrutinizer's Report are enclosed for your reference (NSE Announcement Dated on 01.07.2022) We wish to inform you that the Second Annual Meeting ('Meeting') of unitholders of Mindspace Business Parks REIT was held on Wednesday, June 29, 2022. The Meeting commenced at 3:30 p.m. (IST) through Video Conferencing ('VC') / Other Audio-Visual Means ('OAVM') A summary of the proceedings of the Meeting and the presentation made to unitholders at the Meeting is enclosed. (As Per BSE Announcement dated on 30.06.2022) We wish to inform you that the Second Annual Meeting ('Meeting') of unitholders of Mindspace Business Parks REIT was held on Wednesday, June 29, 2022. The Meeting commenced at 3:30 p.m. (IST) through Video Conferencing ('VC') / Other Audio-Visual Means ('OAVM') and the venue of the Meeting was deemed to be the principal place of business situated at Raheja Tower, Level 8, Block 'G', C-30, Bandra Kurla Complex, Mumbai-400051.The unitholders have with requisite majority, duly approved all the items as set out in the Notice of the Second Annual Meeting dated May 12, 2022 of Mindspace REIT. Details of the voting results along with the copy of the Scrutinizer''s Report are enclosed for your reference (As Per BSE Announcement Dated on 01.07.2022)

AGM Date: 05 Jul 2023

AGM 05/07/2023 This is to inform you that Third Annual Meeting of Mindspace Business Parks REIT was held on 5th July, 2023 at 3.30 p.m. through Video-conferencing. (As Per BSE Announcement dated on 06.07.2023) This is to inform that we are submitting Voting Results and Scrutinizers Report for the 3rd Annual Meeting held on 5th July, 2023. (As per BSE Announcement Dated on 07/07/2023)

AGM Date: 21 Jun 2024

Mindspace Business Parks REIT has informed regarding Notice and Annual Report of Annual General Meeting scheduled to be held on June 21, 2024. Mindspace Business Parks REIT has informed regarding intimation of Voting Results and Scrutinizer's Report of the Annual Meeting held on June 21, 2024. (As Per NSE Announcemnet Dated on: 21/06/2024)

Mindspace Business Parks REIT Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Mindspace Business Parks REIT	₹373	₹22,119.58
Embassy Office Parks REIT	₹372.23	₹35,283.45
Nexus Select Trust	₹137.06	₹20,764.59
Brookfield India Real Estate Trust	₹296.89	₹18,043.56
Property Share Investment Trust- Propshare Platina	₹10,38,000	₹348.87

Mindspace Business Parks REIT News

Mindspace Business Parks REIT to hold board meeting

On 29 January 2025

27 Jan 2025, 01:54 pm

Board of Mindspace Business Parks REIT recommends final dividend

Of Rs 5.32 per share

25 Jan 2025, 09:11 am

Mindspace Business Parks REIT declare Quarterly Result

On 24 January 2025

11 Jan 2025, 01:41 pm

Mindspace REIT receives issuer rating of ICRA AAA; Stable

09 Nov 2024, 11:42 am

Board of Mindspace Business Parks REIT recommends final dividend

Of Rs 5.15 per share

26 Oct 2024, 09:41 am

Mindspace Business Parks REIT Stock Analysis

Annual revenue for Mindspace Business Parks REIT increased by 9.33% to ₹1,401.80 crore in FY 2024 from ₹1,282.20 crore in FY 2023.
Annual Net Profit for Mindspace Business Parks REIT increased by 1.05% to ₹1,161.20 crore in FY 2024 from ₹1,149.10 crore in FY 2023.
Promoter Shareholding in Mindspace Business Parks REIT remains unchanged by 0.00% in the most recent quarter, from 63.48% in June 2024 to 63.48% in September 2024.
Mindspace Business Parks REIT delivered a 1-year return of 16.77% compared to the Nifty 50, which provided a return of 8.03% as of the last trading session.
Mindspace Business Parks REIT share price moved up by 0.35% from its previous close of INR ₹372.71. The latest Mindspace Business Parks REIT share price is INR ₹374.
Mindspace Business Parks REIT share price today has been at a low of 372.71 and a high of 375.50. Over the past 52 weeks, the Mindspace Business Parks REIT share price has seen a low of 318.85 and a high of 384.99.