Mindspace Business Parks REIT (NSE:MINDSPACE) Effective Interest Rate on Debt %: 6.77% (As of Mar. 2026)

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NSE:MINDSPACE Mindspace Business Parks REIT NSE:MINDSPACE
82 GF Score
Price ₹492.69
GF Value ₹486.14
Valuation Fairly Valued
! 7 Warning Signs
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What is Mindspace Business Parks REIT Effective Interest Rate on Debt %?

Mindspace Business Parks REIT NSE:MINDSPACE -0.07% 82 Effective Interest Rate on Debt % is 6.77% as of Mar. 2026. GuruFocus rates NSE:MINDSPACE with a GF Score™ of 82/100 and a GF Value™ of ₹486.14 (Fairly Valued). The stock has 7 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Mindspace Business Parks REIT's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ₹8,798 Mil. Mindspace Business Parks REIT's average total debt for the quarter that ended in Mar. 2026 was ₹129,911 Mil. Therefore, Mindspace Business Parks REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 6.77%.


Mindspace Business Parks REIT  (NSE:MINDSPACE) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Mindspace Business Parks REIT Effective Interest Rate on Debt % Related Terms


Mindspace Business Parks REIT Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Mindspace Business Parks REIT's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

Mindspace Business Parks REIT Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 6.39 6.90 7.33 6.50 7.23

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
Effective Interest Rate on Debt % 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 6.73 8.01 7.23 7.42 6.77

NSE:MINDSPACE vs BXP, ARE, VNO: Effective Interest Rate on Debt % Comparison

For the REIT - Office subindustry, Mindspace Business Parks REIT's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs REITs Industry

For the REITs industry and Real Estate sector, Mindspace Business Parks REIT's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Mindspace Business Parks REIT's Effective Interest Rate on Debt % falls into.


NSE:MINDSPACE
82GF Score
Mindspace Business Parks REIT NSE:MINDSPACE
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mindspace Business Parks REIT Effective Interest Rate on Debt % Calculation

Mindspace Business Parks REIT's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2025 )+Total Debt  (A: Mar. 2026 ))/ count )
=-1  *  -8355.43/( (101252.96+129910.59)/ 2 )
=-1  *  -8355.43/115581.775
=7.23 %

where

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=86221.31 + 15031.65
=101252.96

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=94669.49 + 35241.1
=129910.59

Mindspace Business Parks REIT's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -8798.4/( (0+129910.59)/ 1 )
=-1  *  -8798.4/129910.59
=6.77 %

where

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=94669.49 + 35241.1
=129910.59

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 6.77% mean?
Mindspace Business Parks REIT (NSE:MINDSPACE) has a Effective Interest Rate on Debt % of 6.77% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Mindspace Business Parks REIT and its competitors.
Is Mindspace Business Parks REIT's Effective Interest Rate on Debt % too high?
Mindspace Business Parks REIT's current Effective Interest Rate on Debt % is 6.77%. Overall, Mindspace Business Parks REIT has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mindspace Business Parks REIT's Effective Interest Rate on Debt % compare to BXP and ARE?
Mindspace Business Parks REIT's Effective Interest Rate on Debt % of 6.77% 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 Effective Interest Rate on Debt % for a REITs company?
A good Effective Interest Rate on Debt % depends on the REITs industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Mindspace Business Parks REIT and its competitors. Mindspace Business Parks REIT's current Effective Interest Rate on Debt % is 6.77%. 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 ₹486.14, compared to a current price of ₹492.69 — trading 1.3% above its estimated fair value. The current Effective Interest Rate on Debt % is 6.77%. Mindspace Business Parks REIT's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Mindspace Business Parks REIT (NSE:MINDSPACE), the current Effective Interest Rate on Debt % is 6.77% 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 overvalued. The current stock price of ₹492.69 is trading 1.3% above its estimated GF Value™ of ₹486.14. GuruFocus considers Mindspace Business Parks REIT to be Fairly Valued.

Key valuation signals for NSE:MINDSPACE:

  • Effective Interest Rate on Debt %: 6.77%
  • GF Value™: ₹486.14 vs. price of ₹492.69 (1.3% above fair value)
  • GF Score™: 82/100 with 7 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.
82GF Score

Get the complete analysis for NSE:MINDSPACE

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹492.69
Price
₹486.14
GF Value