Mindspace Business Parks Reits
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- ₹308.36
- Today's High:
- ₹323.1
- Open Price:
- ₹319.03
- 52W Low:
- ₹286.4338
- 52W High:
- ₹372.6915
- Prev. Close:
- ₹319.03
- Volume:
- 1019052
Company Statistics
- Market Cap.:
- ₹182.26 billion
- Book Value:
- 249.279
- Revenue TTM:
- ₹23.02 billion
- Operating Margin TTM:
- 53.03%
- Gross Profit TTM:
- ₹0
- Profit Margin:
- 12.32%
- Return on Assets TTM:
- 3.39%
- Return on Equity TTM:
- 1.93%
Company Profile
Mindspace Business Parks Reits had its IPO on under the ticker symbol MINDSPACE.
The company operates in the Real Estate sector and REIT-Office industry. Mindspace Business Parks Reits has a staff strength of 0 employees.
Stock update
Shares of Mindspace Business Parks Reits opened at ₹319.03 at the start of the last trading session i.e. 2023-09-13.
The stocks traded within a range of ₹308.36 - ₹323.1, and closed at ₹320.4.
This is a +0.43% increase from the previous day's closing price.
A total volume of 1,019,052 shares were traded at the close of the day’s session.
In the last one week, shares of Mindspace Business Parks Reits have increased by +0.84%.
Mindspace Business Parks Reits's Key Ratios
Mindspace Business Parks Reits has a market cap of ₹182.26 billion, indicating a price to book ratio of 0 and a price to sales ratio of 0.
In the last 12-months Mindspace Business Parks Reits’s revenue was ₹23.02 billion with a gross profit of ₹0 and an EBITDA of ₹15.46 billion. The EBITDA ratio measures Mindspace Business Parks Reits's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Mindspace Business Parks Reits’s operating margin was 53.03% while its return on assets stood at 3.39% with a return of equity of 1.93%.
In Q1, Mindspace Business Parks Reits’s quarterly earnings growth was a positive 0% while revenue growth was a positive 20.3%.
Mindspace Business Parks Reits’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 64.0546
- PEG
Its diluted EPS in the last 12-months stands at ₹4.76 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Mindspace Business Parks Reits’s profitability.
Mindspace Business Parks Reits stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.
Mindspace Business Parks Reits stock pays annual dividends of ₹19.1 per share, indicating a yield of 6.35% and a payout ratio of 3.66%.
Balance sheet and cash flow metrics
- Total Assets
- ₹227.23 billion
- Total Liabilities
- ₹18.30 billion
- Operating Cash Flow
- ₹0
- Capital Expenditure
- ₹0
- Dividend Payout Ratio
- 3.66%
Mindspace Business Parks Reits ended 2024 with ₹227.23 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹227.23 billion while shareholder equity stood at ₹147.83 billion.
Mindspace Business Parks Reits ended 2024 with ₹0 in deferred long-term liabilities, ₹18.30 billion in other current liabilities, in common stock, ₹-15546000000.00 in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹4.06 billion and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹45.84 billion.
Mindspace Business Parks Reits’s total current assets stands at ₹8.03 billion while long-term investments were ₹0 and short-term investments were ₹0. Its net receivables were ₹572.00 million compared to accounts payable of ₹1.15 billion and inventory worth ₹72.00 million.
In 2024, Mindspace Business Parks Reits's operating cash flow was ₹0 while its capital expenditure stood at ₹0.
Comparatively, Mindspace Business Parks Reits paid ₹0.04 in dividends in 2024.
Other key metrics
- Current Trading Price
- ₹320.4
- 52-Week High
- ₹372.6915
- 52-Week Low
- ₹286.4338
- Analyst Target Price
- ₹
Mindspace Business Parks Reits stock is currently trading at ₹320.4 per share. It touched a 52-week high of ₹372.6915 and a 52-week low of ₹372.6915. Analysts tracking the stock have a 12-month average target price of ₹.
Its 50-day moving average was ₹307.29 and 200-day moving average was ₹317.28 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 821.4% of the company’s stock are held by insiders while 812.2% are held by institutions.
Frequently Asked Questions About Mindspace Business Parks Reits
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About
Mindspace Business Parks REIT, sponsored by K Raheja Corp group, listed on the Indian bourses in August 2020. The REIT owns quality office portfolios located in four key office markets of India, namely Mumbai Region, Pune, Hyderabad, and Chennai, and is one of the largest Grade-A office portfolios in India. The portfolio has a total leasable area of 32 msf comprising of 25.8 msf of completed area, 2.5 msf of area under construction and 3.7 msf of future development. The portfolio consists of 5 integrated business parks and 5 quality independent office assets with superior infrastructure and amenities. It has a diversified and high-quality tenant base, with over 200 tenants as of March 31, 2023. Most of the buildings in the portfolio are either Gold or Platinum Green Building Certified (IGBC/LEED). The assets provide a community-based ecosystem and have been developed to meet the evolving standards of tenants, and the demands of “new age businesses’, making it amongst the preferred options for both multinational and domestic corporations.