Mindspace Business Parks REIT (NSE:MINDSPACE) Interest Expense: ₹-8,354 Mil (TTM As of Mar. 2026)


NSE:MINDSPACE Mindspace Business Parks REIT NSE:MINDSPACE
89 GF Score
Price ₹485.94
GF Value ₹484.46
Valuation Fairly Valued
! 7 Warning Signs
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What is Mindspace Business Parks REIT Interest Expense?

Mindspace Business Parks REIT NSE:MINDSPACE +0.51% 89 Interest Expense is ₹-8,354 Mil as of Mar. 2026. GuruFocus rates NSE:MINDSPACE with a GF Score™ of 89/100 and a GF Value™ of ₹484.46 (Fairly Valued). The stock has 7 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mindspace Business Parks REIT's interest expense for the three months ended in Mar. 2026 was ₹ -2,200 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-8,354 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Mindspace Business Parks REIT's Operating Income for the three months ended in Mar. 2026 was ₹ 5,688 Mil. Mindspace Business Parks REIT's Interest Expense for the three months ended in Mar. 2026 was ₹ -2,200 Mil. Mindspace Business Parks REIT's Interest Coverage for the quarter that ended in Mar. 2026 was 2.59. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Mindspace Business Parks REIT  (NSE:MINDSPACE) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mindspace Business Parks REIT's Interest Expense for the three months ended in Mar. 2026 was ₹-2,200 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹5,688 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹94,669 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*5688.21/-2199.6
=2.59

* 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.

The higher the ratio, the stronger the company's financial strength is.


Mindspace Business Parks REIT Interest Expense Historical Data

* Premium members only.

The historical data trend for Mindspace Business Parks REIT's Interest Expense 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 Interest Expense Chart

Mindspace Business Parks REIT Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial Premium Member Only -2,630.00 -3,427.00 -4,566.32 -5,560.62 -8,355.43

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
Interest Expense 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 -1,559.86 -2,028.50 -2,036.31 -2,089.32 -2,199.60
NSE:MINDSPACE
89GF Score
Mindspace Business Parks REIT NSE:MINDSPACE
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mindspace Business Parks REIT Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense 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 ₹-8,354 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-8,354 Mil mean?
Mindspace Business Parks REIT (NSE:MINDSPACE) has a Interest Expense of ₹-8,354 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mindspace Business Parks REIT and its competitors.
Is Mindspace Business Parks REIT's Interest Expense too high?
Mindspace Business Parks REIT's current Interest Expense is ₹-8,354 Mil. Overall, Mindspace Business Parks REIT has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mindspace Business Parks REIT's Interest Expense compare to BXP and ARE?
Mindspace Business Parks REIT's Interest Expense of ₹-8,354 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 Interest Expense for a REITs company?
A good Interest Expense depends on the REITs industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mindspace Business Parks REIT and its competitors. Mindspace Business Parks REIT's current Interest Expense is ₹-8,354 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 ₹484.46, compared to a current price of ₹485.94 — trading 0.3% above its estimated fair value. The current Interest Expense is ₹-8,354 Mil. Mindspace Business Parks REIT's overall GF Score™ is 89/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Mindspace Business Parks REIT (NSE:MINDSPACE), the current Interest Expense is ₹-8,354 Mil 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 ₹485.94 is trading 0.3% above its estimated GF Value™ of ₹484.46. GuruFocus considers Mindspace Business Parks REIT to be Fairly Valued.

Key valuation signals for NSE:MINDSPACE:

  • Interest Expense: ₹-8,354 Mil
  • GF Value™: ₹484.46 vs. price of ₹485.94 (0.3% above fair value)
  • GF Score™: 89/100 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.
89GF Score

Get the complete analysis for NSE:MINDSPACE

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

₹485.94
Price
₹484.46
GF Value