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Mindspace Busine

  • Market Cap: Large Cap
  • Industry: Miscellaneous
  • ISIN: INE0CCU25019
  • NSEID: MINDSPACE
  • BSEID: 543217
INR
366.70
0.2 (0.05%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.36 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.36 lacs (100.79%) Volume

Shareholding (Mar 2025)

FII

26.78%

Held by 0 FIIs

DII

-3.89%

Held by 19 DIIs

Promoter

64.45%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.43 times

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.43 times
  • The company has been able to generate a Return on Equity (avg) of 3.37% signifying low profitability per unit of shareholders funds
2

Flat results in Dec 24

3

With ROCE of 7, it has a Very Expensive valuation with a 1.4 Enterprise value to Capital Employed

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Miscellaneous

stock-summary
Market cap

INR 22,339 Cr (Large Cap)

stock-summary
P/E

42.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

2.92%

stock-summary
Debt Equity

0.55

stock-summary
Return on Equity

3.90%

stock-summary
Price to Book

1.63

Revenue and Profits (1 Year):
Net Sales:
661 Cr
(Quarterly Results - Dec 2024)
Net Profit:
136 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (2.92%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
0.81%
1.49%
2.3%
1 Year
2.45%
3.11%
5.56%
2 Years
15.42%
6.77%
22.19%
3 Years
5.3%
9.57%
14.87%
4 Years
22.26%
15.23%
37.49%
5 Years
0%
0%
0.0%

Latest dividend: 2.75 per share ex-dividend date: Jan-29-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
38.01%
EBIT Growth (5y)
38.52%
EBIT to Interest (avg)
3.41
Debt to EBITDA (avg)
3.85
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.11
Tax Ratio
40.47%
Dividend Payout Ratio
53.80%
Pledged Shares
0
Institutional Holding
22.90%
ROCE (avg)
6.44%
ROE (avg)
3.37%
Valuation key factors
Factor
Value
P/E Ratio
42
Industry P/E
28
Price to Book Value
1.63
EV to EBIT
20.13
EV to EBITDA
15.89
EV to Capital Employed
1.41
EV to Sales
11.62
PEG Ratio
41.89
Dividend Yield
2.92%
ROCE (Latest)
7.00%
ROE (Latest)
3.90%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Bearish
Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes (5.18%)

FIIs

Held by 0 FIIs (26.78%)

Promoter with highest holding

Casa Maria Properties LLP (7.9%)

Highest Public shareholder

None

Individual Investors Holdings

9.43%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 1.86% vs 1.68% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 7.88% vs -2.06% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "660.94",
          "val2": "648.88",
          "chgp": "1.86%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "489.43",
          "val2": "482.75",
          "chgp": "1.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "144.49",
          "val2": "130.50",
          "chgp": "10.72%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-2.39",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "135.53",
          "val2": "125.63",
          "chgp": "7.88%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "74.05%",
          "val2": "74.40%",
          "chgp": "-0.35%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 4.86% vs -0.34% in Mar 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -0.94% vs -4.60% in Mar 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,287.04",
          "val2": "1,227.40",
          "chgp": "4.86%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "945.17",
          "val2": "893.10",
          "chgp": "5.83%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "256.80",
          "val2": "235.20",
          "chgp": "9.18%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-36.40",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "253.90",
          "val2": "256.30",
          "chgp": "-0.94%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "73.44%",
          "val2": "72.76%",
          "chgp": "0.68%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 5.89% vs 6.45% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -4.21% vs 30.05% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,947.98",
          "val2": "1,839.62",
          "chgp": "5.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,434.60",
          "val2": "1,337.99",
          "chgp": "7.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "401.29",
          "val2": "337.48",
          "chgp": "18.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-2.39",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "389.43",
          "val2": "406.54",
          "chgp": "-4.21%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "73.65%",
          "val2": "72.73%",
          "chgp": "0.92%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 7.01% vs 30.50% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 85.13% vs -33.08% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,458.89",
          "val2": "2,297.80",
          "chgp": "7.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,780.82",
          "val2": "1,553.30",
          "chgp": "14.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "456.63",
          "val2": "343.10",
          "chgp": "33.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-36.39",
          "val2": "-136.80",
          "chgp": "73.40%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "525.04",
          "val2": "283.60",
          "chgp": "85.13%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "72.42%",
          "val2": "67.60%",
          "chgp": "4.82%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
660.94
648.88
1.86%
Operating Profit (PBDIT) excl Other Income
489.43
482.75
1.38%
Interest
144.49
130.50
10.72%
Exceptional Items
-2.39
0.00
Consolidate Net Profit
135.53
125.63
7.88%
Operating Profit Margin (Excl OI)
74.05%
74.40%
-0.35%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 1.86% vs 1.68% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 7.88% vs -2.06% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Mar'24
Change(%)
Net Sales
1,287.04
1,227.40
4.86%
Operating Profit (PBDIT) excl Other Income
945.17
893.10
5.83%
Interest
256.80
235.20
9.18%
Exceptional Items
0.00
-36.40
100.00%
Consolidate Net Profit
253.90
256.30
-0.94%
Operating Profit Margin (Excl OI)
73.44%
72.76%
0.68%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 4.86% vs -0.34% in Mar 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -0.94% vs -4.60% in Mar 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,947.98
1,839.62
5.89%
Operating Profit (PBDIT) excl Other Income
1,434.60
1,337.99
7.22%
Interest
401.29
337.48
18.91%
Exceptional Items
-2.39
0.00
Consolidate Net Profit
389.43
406.54
-4.21%
Operating Profit Margin (Excl OI)
73.65%
72.73%
0.92%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 5.89% vs 6.45% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -4.21% vs 30.05% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,458.89
2,297.80
7.01%
Operating Profit (PBDIT) excl Other Income
1,780.82
1,553.30
14.65%
Interest
456.63
343.10
33.09%
Exceptional Items
-36.39
-136.80
73.40%
Consolidate Net Profit
525.04
283.60
85.13%
Operating Profit Margin (Excl OI)
72.42%
67.60%
4.82%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 7.01% vs 30.50% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 85.13% vs -33.08% in Mar 2023

stock-summaryCompany CV
About Mindspace Business Parks REIT stock-summary
stock-summary
Mindspace Business Parks REIT
Large Cap
Miscellaneous
Mindspace Business Parks REIT (Mindspace REIT) was settled on 18 November, 2019 at Mumbai, Maharashtra, India as a contributory, determinate and irrevocable trust under the provisions of the Indian Trusts Act, 1882, pursuant to a Trust Deed dated 18 November 2019. Mindspace REIT was registered with SEBI on 10 December 2019, at Mumbai as a REIT. Anbee Constructions LLP (ACL) and Cape Trading LLP (`CTL') are the Sponsors of Mindspace REIT.
Company Coordinates stock-summary
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