Mindspace Business Parks REIT (NSE:MINDSPACE) Net Margin %: 22.31% (As of Mar. 2026) — Near Median


NSE:MINDSPACE Mindspace Business Parks REIT NSE:MINDSPACE
84 GF Score
Price ₹463.16
GF Value ₹481.39
Valuation Fairly Valued
! 6 Warning Signs
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What is Mindspace Business Parks REIT Net Margin %?

Mindspace Business Parks REIT NSE:MINDSPACE +0.25% 84 Net Margin % is 22.31% as of Mar. 2026, which is 1% above its 10-year median of 22.00. GuruFocus rates NSE:MINDSPACE with a GF Score™ of 84/100 and a GF Value™ of ₹481.39 (Fairly Valued). The stock has 6 warning signs investors should review. Among 928 REITs companies, Mindspace Business Parks REIT ranks worse than 69.94% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Mindspace Business Parks REIT's Net Income for the three months ended in Mar. 2026 was ₹1,986 Mil. Mindspace Business Parks REIT's Revenue for the three months ended in Mar. 2026 was ₹8,900 Mil. Therefore, Mindspace Business Parks REIT's net margin for the quarter that ended in Mar. 2026 was 22.31%.

The historical rank and industry rank for Mindspace Business Parks REIT's Net Margin % or its related term are showing as below:

NSE:MINDSPACE' s Net Margin % Range Over the Past 10 Years
Min: 11.86   Med: 22   Max: 33.75
Current: 20.17


NSE:MINDSPACE's Net Margin % is ranked worse than
69.94% of 928 companies
in the REITs industry
Industry Median: 44.95 vs NSE:MINDSPACE: 20.17

Mindspace Business Parks REIT  (NSE:MINDSPACE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Mindspace Business Parks REIT Net Margin % Related Terms


Mindspace Business Parks REIT Net Margin % Historical Data

* Premium members only.

The historical data trend for Mindspace Business Parks REIT's Net Margin % 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 Net Margin % Chart

Mindspace Business Parks REIT Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only 24.55 12.67 22.00 18.35 20.27

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
Net Margin % 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 12.75 21.49 15.33 21.14 22.31

NSE:MINDSPACE vs BXP, ARE, VNO: Net Margin % Comparison

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

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

* The bar in red indicates where Mindspace Business Parks REIT's Net Margin % falls into.


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

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=6518.58/32163.46
=20.27 %

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

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1985.56/8899.52
=22.31 %

* 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 Net Margin % →
What does a Net Margin % of 22.31% mean?
Mindspace Business Parks REIT (NSE:MINDSPACE) has a Net Margin % of 22.31% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Mindspace Business Parks REIT and its competitors. This is near median its historical median of 22.00. Over the past decade, Mindspace Business Parks REIT's Net Margin % has ranged from 11.86 to 33.75. According to the industry distribution chart, Mindspace Business Parks REIT ranks #649 out of 928 companies in the REITs industry, placing it in the top 69.9%.
Is Mindspace Business Parks REIT's Net Margin % too high?
Mindspace Business Parks REIT's current Net Margin % of 22.31% is near median its 10-year median of 22.00. Over the past 10 years, this metric has ranged from a low of 11.86 to a high of 33.75. The REITs industry median Net Margin % is 44.95. Mindspace Business Parks REIT's value of 22.31% is 50.4% below this industry median. Based on the distribution chart, Mindspace Business Parks REIT ranks #649 out of 928 companies in the REITs industry, which is below the industry midpoint. 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 Net Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Mindspace Business Parks REIT ranks #649 out of 928 companies for Net Margin %. This places Mindspace Business Parks REIT in the lower half of its industry. The industry median Net Margin % is 44.95. Mindspace Business Parks REIT's value of 22.31% is 50.4% below this benchmark. Historically, Mindspace Business Parks REIT's own Net Margin % has ranged from 11.86 to 33.75 over the past decade. While the company's 10-year median is 22.00 vs. the industry median of 44.95, Mindspace Business Parks REIT has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 44.95, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mindspace Business Parks REIT's current Net Margin % of 22.31% is 50.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Mindspace Business Parks REIT and its competitors. For the REITs industry, the median Net Margin % is 44.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mindspace Business Parks REIT's current Net Margin % is 22.31%, which is near median its own 10-year median of 22.00. 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 ₹481.39, compared to a current price of ₹463.16 — trading 3.8% below its estimated fair value. The current Net Margin % is 22.31%, which is near median its 10-year median of 22.00 and 50.4% below the REITs industry median of 44.95. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Mindspace Business Parks REIT (NSE:MINDSPACE), the current Net Margin % is 22.31% 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 ₹463.16 is trading 3.8% below its estimated GF Value™ of ₹481.39. GuruFocus considers Mindspace Business Parks REIT to be Fairly Valued.

Key valuation signals for NSE:MINDSPACE:

  • Net Margin %: 22.31% (near median its 10-year median of 22.00)
  • GF Value™: ₹481.39 vs. price of ₹463.16 (3.8% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 50.4% below the REITs median (#649 of 928)

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

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

₹463.16
Price
₹481.39
GF Value