Mindspace Business Parks REIT (NSE:MINDSPACE) Enterprise Value: ₹426,947 Mil (As of Jun. 29, 2026) ***


NSE:MINDSPACE Mindspace Business Parks REIT NSE:MINDSPACE
84 GF Score
Price ₹463.16
GF Value ₹481.75
Valuation Fairly Valued
! 6 Warning Signs
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What is Mindspace Business Parks REIT Enterprise Value?

Mindspace Business Parks REIT NSE:MINDSPACE +0.25% 84 Enterprise Value is ₹426,947 Mil as of Jun. 29, 2026. GuruFocus rates NSE:MINDSPACE with a GF Score™ of 84/100 and a GF Value™ of ₹481.75 (Fairly Valued). The stock has 6 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Mindspace Business Parks REIT's Enterprise Value is ₹426,947 Mil. Mindspace Business Parks REIT's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹20,077 Mil. Therefore, Mindspace Business Parks REIT's EV-to-EBIT ratio for today is 21.27.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Mindspace Business Parks REIT's Enterprise Value is ₹426,947 Mil. Mindspace Business Parks REIT's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹24,867 Mil. Therefore, Mindspace Business Parks REIT's EV-to-EBITDA ratio for today is 17.17.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Mindspace Business Parks REIT's Enterprise Value is ₹426,947 Mil. Mindspace Business Parks REIT's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹32,312 Mil. Therefore, Mindspace Business Parks REIT's EV-to-Revenue ratio for today is 13.21.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Mindspace Business Parks REIT's Enterprise Value is ₹426,947 Mil. Mindspace Business Parks REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5,844 Mil. Therefore, Mindspace Business Parks REIT's EV-to-OCF ratio for today is 73.06.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Mindspace Business Parks REIT's Enterprise Value is ₹426,947 Mil. Mindspace Business Parks REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹56 Mil. Therefore, Mindspace Business Parks REIT's EV-to-FCF ratio for today is 7,557.92.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Mindspace Business Parks REIT  (NSE:MINDSPACE) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Mindspace Business Parks REIT's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=426946.703/20077.07
=21.27

Mindspace Business Parks REIT's current Enterprise Value is ₹426,947 Mil.
Mindspace Business Parks REIT's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹20,077 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Mindspace Business Parks REIT's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=426946.703/24866.87
=17.17

Mindspace Business Parks REIT's current Enterprise Value is ₹426,947 Mil.
Mindspace Business Parks REIT's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹24,867 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Mindspace Business Parks REIT's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=426946.703/32312.27
=13.21

Mindspace Business Parks REIT's current Enterprise Value is ₹426,947 Mil.
Mindspace Business Parks REIT's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹32,312 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Mindspace Business Parks REIT's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=426946.703/5843.79
=73.06

Mindspace Business Parks REIT's current Enterprise Value is ₹426,947 Mil.
Mindspace Business Parks REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5,844 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Mindspace Business Parks REIT's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=426946.703/56.49
=7,557.92

Mindspace Business Parks REIT's current Enterprise Value is ₹426,947 Mil.
Mindspace Business Parks REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹56 Mil.

* 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 Enterprise Value Related Terms


Mindspace Business Parks REIT Enterprise Value Historical Data

* Premium members only.

The historical data trend for Mindspace Business Parks REIT's Enterprise Value 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 Enterprise Value Chart

Mindspace Business Parks REIT Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only 255,140.46 252,534.19 279,077.39 330,926.71 411,713.04

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
Enterprise Value 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 330,926.71 243,704.06 384,293.22 289,356.31 411,713.04

NSE:MINDSPACE vs BXP, ARE, VNO: Enterprise Value Comparison

For the REIT - Office subindustry, Mindspace Business Parks REIT's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs REITs Industry

For the REITs industry and Real Estate sector, Mindspace Business Parks REIT's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Mindspace Business Parks REIT's Enterprise Value falls into.


NSE:MINDSPACE
84GF Score
Mindspace Business Parks REIT NSE:MINDSPACE
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Mindspace Business Parks REIT Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Mindspace Business Parks REIT's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Mindspace Business Parks REIT's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of ₹426,947 Mil mean?
Mindspace Business Parks REIT (NSE:MINDSPACE) has a Enterprise Value of ₹426,947 Mil as of Jun. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Mindspace Business Parks REIT and its competitors.
Is Mindspace Business Parks REIT's Enterprise Value too high?
Mindspace Business Parks REIT's current Enterprise Value is ₹426,947 Mil. Overall, Mindspace Business Parks REIT has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mindspace Business Parks REIT's Enterprise Value compare to BXP and ARE?
Mindspace Business Parks REIT's Enterprise Value of ₹426,947 Mil 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 Enterprise Value for a REITs company?
A good Enterprise Value depends on the REITs industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Mindspace Business Parks REIT and its competitors. Mindspace Business Parks REIT's current Enterprise Value is ₹426,947 Mil. 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 ₹481.75, compared to a current price of ₹463.16 — trading 3.9% below its estimated fair value. The current Enterprise Value is ₹426,947 Mil. Mindspace Business Parks REIT's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Mindspace Business Parks REIT (NSE:MINDSPACE), the current Enterprise Value is ₹426,947 Mil as of Jun. 29, 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 ₹463.16 is trading 3.9% below its estimated GF Value™ of ₹481.75. GuruFocus considers Mindspace Business Parks REIT to be Fairly Valued.

Key valuation signals for NSE:MINDSPACE:

  • Enterprise Value: ₹426,947 Mil
  • GF Value™: ₹481.75 vs. price of ₹463.16 (3.9% below fair value)
  • GF Score™: 84/100 with 6 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.
84GF Score

Get the complete analysis for NSE:MINDSPACE

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

₹463.16
Price
₹481.75
GF Value