Mindspace Business Parks REIT (NSE:MINDSPACE)
India
· Delayed Price · Currency is INR | Market Cap | 304.20B |
| Revenue (ttm) | 30.73B |
| Net Income (ttm) | 5.40B |
| Shares Out | 648.34M |
| EPS (ttm) | 8.90 |
| PE Ratio | 52.69 |
| Forward PE | 35.19 |
| Dividend | 21.95 (4.68%) |
| Ex-Dividend Date | Jan 30, 2026 |
| Volume | n/a |
| Average Volume | 166,274 |
| Open | n/a |
| Previous Close | 339.93 |
| Day's Range | n/a |
| 52-Week Range | 345.06 - 511.68 |
| Beta | 0.15 |
| RSI | 50.39 |
| Earnings Date | Apr 29, 2026 |
About NSE:MINDSPACE
Mindspace Business Parks REIT, sponsored by K Raheja Corp group, was listed on the Indian bourses in August 2020. The REIT owns quality office assets located in four key office markets of India, namely the Mumbai Region, Pune, Hyderabad, and Chennai, and has one of the largest Grade-A office portfolios globally. The portfolio has a total leasable area of 39.0 msf, comprising 31.9 msf of completed area, 3.6 msf of area under construction, and 3.5 msf of future development. The portfolio consists of 5 integrated business parks and 9 quality indep... [Read more]
Financial Performance
In fiscal year 2025, NSE:MINDSPACE's revenue was 26.60 billion, an increase of 8.04% compared to the previous year's 24.62 billion. Earnings were 4.76 billion, a decrease of -9.29%.
Financial StatementsNews
Mindspace Business Parks REIT Transcript: M&A announcement
Two institutional-grade office assets in Chennai's PTR corridor were acquired for INR 5,500 crore, expanding the portfolio to 6.3 million sq ft and making the acquirer a top office owner in the city. The deal is expected to deliver a 15% NOI uplift by FY 2026, with full stabilization targeted within 18 months.
Mindspace REIT takes 51% stake for Rs 3k cr in Chennai IT park deal
Chennai: In one of the largest deals in the city's office space segment, Mindspace Business Parks REIT on Tuesday announced the acquisition of a 51% s.
Mindspace REIT to buy 2.6mn sq ft Chennai office for Rs 2,541 cr
Chennai: Mindspace Business Parks REIT on Tuesday said it will acquire a 100% stake in Sycamore Properties and Content Properties, which together own .
Mindspace Business Parks REIT redeems Rs 560 crore commercial paper at maturity
Mindspace Business Parks REIT has redeemed commercial paper worth ₹560 crore on its maturity date of 9 March 2026, with no outstanding dues remaining on the instrument. The redemption involved…
Mindspace Business Parks REIT CEO on earnings & data center demand
CEO and Managing Director of Mindspace Business Parks REIT, Ramesh Nair, talks about what's driving the company's strong performance on the back of robust earnings for Q3FY26.
Mindspace Business Parks REIT (BOM:543217) Q3 2026 Earnings Call Highlights: Robust Growth and ...
Mindspace Business Parks REIT (BOM:543217) Q3 2026 Earnings Call Highlights: Robust Growth and Strategic Expansions
Mindspace Business Parks REIT Transcript: Q3 25/26
Q3 FY2026 saw robust NOI and revenue growth, strong leasing momentum, and major acquisitions, with committed occupancy at 95.3% and significant rental increases in key markets. The outlook remains positive, supported by a strong balance sheet, low leverage, and favorable market conditions.
Mindspace Business Parks REIT Transcript: M&A Announcement
Three prime CBD office assets in Mumbai and Pune are being acquired for INR 29.2 billion at a discount, boosting NOI by 9% and DPU by 1.7%. The deal leverages mark-to-market rent opportunities, maintains conservative leverage, and strengthens the portfolio in high-demand locations.
Mindspace Business Parks REIT (BOM:543217) Q2 2026 Earnings Call Highlights: Strong Growth Amid ...
Mindspace Business Parks REIT (BOM:543217) Q2 2026 Earnings Call Highlights: Strong Growth Amid Market Challenges
Q2 2026 Mindspace Business Parks REIT Earnings Call Transcript
Q2 2026 Mindspace Business Parks REIT Earnings Call Transcript
Mindspace REIT says GCC boom has lifted demand in its Hyderabad portfolio
Ramesh Nair, CEO of Mindspace Business Parks REIT, notes that the South Indian city of Hyderabad has emerged as a dominant global capability center ecosystem in India. Meanwhile, Mumbai, the REIT’s se...
Mindspace Business Parks REIT Transcript: Q2 25/26
Q2 FY 2026 saw NOI rise 25.8% year-over-year to INR 634 crore, with revenue up 24.8% and DPU up 13.2%. Occupancy reached record highs, driven by strong leasing in Hyderabad and Navi Mumbai, while NAV per unit grew 12% in six months.
Mindspace REIT raises another 550cr from IFC via SLBs
Hyderabad: Premium Grade-A office space owner and developer Mindspace Business Parks REIT, which has its largest footprint of 17 million sq ft in Hyde.
Mindspace Business Parks REIT (BOM:543217) Q1 2026 Earnings Call Highlights: Strong Growth and ...
Mindspace Business Parks REIT (BOM:543217) Q1 2026 Earnings Call Highlights: Strong Growth and Strategic Acquisitions Propel Performance
Mindspace Business Parks REIT Transcript: Q1 25/26
Q1 FY26 saw robust growth in NOI, revenue, and distributions, with occupancy at a record 93.7% and strong leasing momentum. Strategic acquisitions and asset upgrades support continued growth, while cost of debt and vacancy risks are being proactively managed.
Mindspace Business Parks REIT Transcript: Q4 24/25
Record leasing and occupancy gains drove double-digit NOI and distribution growth, with Hyderabad and Airoli assets leading performance. Strategic acquisitions, asset upgrades, and strong tenant demand position the portfolio for continued healthy growth.
Mindspace Business Parks REIT Transcript: M&A Announcement
Acquisition of a prime Hyderabad office asset adds 1.82 million sq ft leased to Qualcomm, boosting portfolio scale and income. The INR 2,038 crore deal is DPU accretive, with strong market fundamentals and expected consolidation by March, pending approvals.
New constructions, consolidation key to growth strategy: Mindspace Business Parks REIT CEO
Ramesh Nair, Mindspace Business Parks REIT's CEO, discusses the company's organic and inorganic growth strategy and shares his view on the Indian government's support for the real estate investment tr...
Mindspace Business Parks REIT Transcript: Q3 24/25
Strong Q3 FY2025 results with 7.5% revenue and 8.3% NOI growth, robust leasing activity, and stable occupancy. Portfolio expansion and ESG achievements support a positive outlook, with low leverage enabling further acquisitions.
Mindspace REIT shares drop as ADIA offloads 9.2% stake via ₹1,903 crore block deal
Shares of Mindspace Business Parks REIT fell nearly 2%% to ₹359.92 on Tuesday after Abu Dhabi Investment Authority (ADIA) sold its entire 9.2% stake through a block deal. The transaction involved 5.4 ...
Mindspace Business Parks REIT CEO sees 'all-time record' for office REITS
Ramesh Nair, CEO of Mindspace Business Parks REIT talks about enhancing shareholder returns through increasing occupancy levels, and how RBI's impending rate cuts will benefit profitability going forw...
Mindspace Business Parks REIT Transcript: Q2 24/25
NOI and distributions hit record highs, with strong leasing, portfolio expansion, and robust occupancy gains. Data center growth, asset upgrades, and a healthy balance sheet support a positive outlook, while the office market remains strong and vacancy rates fall.
Mindspace Business Parks REIT Transcript: Q1 24/25
Q1 FY25 saw double-digit revenue and NOI growth, robust leasing, and rising occupancy, with a strong outlook for further expansion and NOI gains. Portfolio growth, ESG achievements, and innovative financing, including sustainability-linked bonds, position the business for continued success.