Mindspace Business Parks REIT (NSE:MINDSPACE) Dividend-Payout-to-FFO: 1.13 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:MINDSPACE Mindspace Business Parks REIT NSE:MINDSPACE
83 GF Score
Price ₹497.25
GF Value ₹503.41
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Mindspace Business Parks REIT Dividend-Payout-to-FFO?

Mindspace Business Parks REIT NSE:MINDSPACE +0.17% 83 Dividend-Payout-to-FFO is 1.13 as of Mar. 2026. GuruFocus rates NSE:MINDSPACE with a GF Score™ of 83/100 and a GF Value™ of ₹503.41 (Fairly Valued). The stock has 8 warning signs investors should review.

Dividend-Payout-to-FFO is calculated as Dividends per Share divided by its FFO per Share.

Mindspace Business Parks REIT's Dividends per Share for the three months that ended in Mar. 2026 was ₹5.83 Mil. Mindspace Business Parks REIT's FFO per Share for the three months that ended in Mar. 2026 was ₹5.16 Mil. Therefore, Mindspace Business Parks REIT's dividend payout to FFO for the three months ended in Mar. 2026 was 1.13.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Mindspace Business Parks REIT Dividend-Payout-to-FFO Related Terms


Mindspace Business Parks REIT Dividend-Payout-to-FFO Historical Data

* Premium members only.

The historical data trend for Mindspace Business Parks REIT's Dividend-Payout-to-FFO can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mindspace Business Parks REIT Dividend-Payout-to-FFO Chart

Mindspace Business Parks REIT Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend-Payout-to-FFO
Get a 7-Day Free Trial Premium Member Only 1.47 1.77 1.26 1.39 1.31

Mindspace Business Parks REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend-Payout-to-FFO Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.71 1.39 1.44 1.13 1.13

NSE:MINDSPACE vs BXP, ARE, VNO: Dividend-Payout-to-FFO Comparison

For the REIT - Office subindustry, Mindspace Business Parks REIT's Dividend-Payout-to-FFO, along with its competitors' market caps and Dividend-Payout-to-FFO data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mindspace Business Parks REIT Dividend-Payout-to-FFO vs REITs Industry

For the REITs industry and Real Estate sector, Mindspace Business Parks REIT's Dividend-Payout-to-FFO distribution charts can be found below:

* The bar in red indicates where Mindspace Business Parks REIT's Dividend-Payout-to-FFO falls into.


NSE:MINDSPACE
83GF Score
Mindspace Business Parks REIT NSE:MINDSPACE
Dividend-Payout-to-FFO is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mindspace Business Parks REIT Dividend-Payout-to-FFO Calculation

Dividend-Payout-to-FFO is calculated as Dividends per Share divided by its FFO per Share.

Mindspace Business Parks REIT's Dividend-Payout-to-FFO for the fiscal year that ended in Mar. 2026 is calculated as

Dividend-Payout-to-FFO=Dividends per Share (A: Mar. 2026 )/FFO per Share (A: Mar. 2026 )
=23.89/18.198
=1.31

Mindspace Business Parks REIT's Dividend-Payout-to-FFO for the quarter that ended in Mar. 2026 is calculated as

Dividend-Payout-to-FFO=Dividends per Share (Q: Mar. 2026 )/FFO per Share (Q: Mar. 2026 )
=5.83/5.159
=1.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend-Payout-to-FFO →
What does a Dividend-Payout-to-FFO of 1.13 mean?
Mindspace Business Parks REIT (NSE:MINDSPACE) has a Dividend-Payout-to-FFO of 1.13 as of Mar. 2026. Dividend Payout to FFO is the percent of a REIT's funds from operations paid out as dividends. View historical data on Mindspace Business Parks REIT and its competitors.
Is Mindspace Business Parks REIT's Dividend-Payout-to-FFO too high?
Mindspace Business Parks REIT's current Dividend-Payout-to-FFO is 1.13. Overall, Mindspace Business Parks REIT has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mindspace Business Parks REIT's Dividend-Payout-to-FFO compare to BXP and ARE?
Mindspace Business Parks REIT's Dividend-Payout-to-FFO of 1.13 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend-Payout-to-FFO for a REITs company?
A good Dividend-Payout-to-FFO depends on the REITs industry context. However, Dividend-Payout-to-FFO should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend-Payout-to-FFO mean?
A high Dividend-Payout-to-FFO can signal that a stock is expensive relative to its fundamentals. Dividend Payout to FFO is the percent of a REIT's funds from operations paid out as dividends. View historical data on Mindspace Business Parks REIT and its competitors. Mindspace Business Parks REIT's current Dividend-Payout-to-FFO is 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mindspace Business Parks REIT stock overvalued right now?
Based on GuruFocus' analysis, Mindspace Business Parks REIT (NSE:MINDSPACE) is currently considered Fairly Valued. The stock's GF Value™ is ₹503.41, compared to a current price of ₹497.25 — trading 1.2% below its estimated fair value. The current Dividend-Payout-to-FFO is 1.13. Mindspace Business Parks REIT's overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend-Payout-to-FFO calculated?
Dividend-Payout-to-FFO is calculated from a company's financial statements. For Mindspace Business Parks REIT (NSE:MINDSPACE), the current Dividend-Payout-to-FFO is 1.13 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mindspace Business Parks REIT (NSE:MINDSPACE) Overvalued in 2026?

Based on GuruFocus' analysis, Mindspace Business Parks REIT stock appears to be undervalued. The current stock price of ₹497.25 is trading 1.2% below its estimated GF Value™ of ₹503.41. GuruFocus considers Mindspace Business Parks REIT to be Fairly Valued.

Key valuation signals for NSE:MINDSPACE:

  • Dividend-Payout-to-FFO: 1.13
  • GF Value™: ₹503.41 vs. price of ₹497.25 (1.2% below fair value)
  • GF Score™: 83/100 with 8 warning signs

No single metric tells the full story. See the NSE:MINDSPACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mindspace Business Parks REIT Business Description

Industry Real EstateREITs
Other Exchanges 543217:India
Address Plot No. C-30, Raheja Tower, Level 8, Block G, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051
Mindspace Business Parks REIT is a real estate investment company. It owns an office portfolio located in four key office markets such as Mumbai Region, Hyderabad, Pune, and Chennai in India. The company's portfolio has several integrated business parks with superior infrastructure and amenities (such as restaurants, creches, and outdoor sports arenas) and five quality independent offices.
83GF Score

Get the complete analysis for NSE:MINDSPACE

Dividend-Payout-to-FFO is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹497.25
Price
₹503.41
GF Value