Mindspace Business Parks REIT (NSE:MINDSPACE) Pretax Margin %: 40.95% (As of Mar. 2026) — Near Median


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 Pretax Margin %?

Mindspace Business Parks REIT NSE:MINDSPACE +0.25% 84 Pretax Margin % is 40.95% as of Mar. 2026, which is 7% above its 10-year median of 38.16. 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. Among 931 REITs companies, Mindspace Business Parks REIT ranks worse than 61.01% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mindspace Business Parks REIT's Pre-Tax Income for the three months ended in Mar. 2026 was ₹3,644 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 pretax margin for the quarter that ended in Mar. 2026 was 40.95%.

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

NSE:MINDSPACE' s Pretax Margin % Range Over the Past 10 Years
Min: 28.14   Med: 38.16   Max: 42.91
Current: 36.28


NSE:MINDSPACE's Pretax Margin % is ranked worse than
61.01% of 931 companies
in the REITs industry
Industry Median: 46.93 vs NSE:MINDSPACE: 36.28

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

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Mindspace Business Parks REIT Pretax Margin % Related Terms


Mindspace Business Parks REIT Pretax Margin % Historical Data

* Premium members only.

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

Mindspace Business Parks REIT Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 41.38 32.98 38.16 37.29 36.45

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
Pretax 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 36.61 35.52 30.67 37.06 40.95

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

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

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

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


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

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

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

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=11723.34/32163.46
=36.45 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=3644.35/8899.52
=40.95 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 40.95% mean?
Mindspace Business Parks REIT (NSE:MINDSPACE) has a Pretax Margin % of 40.95% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Mindspace Business Parks REIT and its competitors. This is near median its historical median of 38.16. Over the past decade, Mindspace Business Parks REIT's Pretax Margin % has ranged from 28.14 to 42.91. According to the industry distribution chart, Mindspace Business Parks REIT ranks #568 out of 931 companies in the REITs industry, placing it in the top 61%.
Is Mindspace Business Parks REIT's Pretax Margin % too high?
Mindspace Business Parks REIT's current Pretax Margin % of 40.95% is near median its 10-year median of 38.16. Over the past 10 years, this metric has ranged from a low of 28.14 to a high of 42.91. The REITs industry median Pretax Margin % is 46.93. Mindspace Business Parks REIT's value of 40.95% is 12.7% below this industry median. Based on the distribution chart, Mindspace Business Parks REIT ranks #568 out of 931 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 Pretax Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Mindspace Business Parks REIT ranks #568 out of 931 companies for Pretax Margin %. This places Mindspace Business Parks REIT in the lower half of its industry. The industry median Pretax Margin % is 46.93. Mindspace Business Parks REIT's value of 40.95% is 12.7% below this benchmark. Historically, Mindspace Business Parks REIT's own Pretax Margin % has ranged from 28.14 to 42.91 over the past decade. While the company's 10-year median is 38.16 vs. the industry median of 46.93, 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 Pretax Margin % for a REITs company?
The median Pretax Margin % among REITs companies is 46.93, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mindspace Business Parks REIT's current Pretax Margin % of 40.95% is 12.7% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Mindspace Business Parks REIT and its competitors. For the REITs industry, the median Pretax Margin % is 46.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mindspace Business Parks REIT's current Pretax Margin % is 40.95%, which is near median its own 10-year median of 38.16. 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 Pretax Margin % is 40.95%, which is near median its 10-year median of 38.16 and 12.7% below the REITs industry median of 46.93. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Mindspace Business Parks REIT (NSE:MINDSPACE), the current Pretax Margin % is 40.95% 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 3.9% below its estimated GF Value™ of ₹481.75. GuruFocus considers Mindspace Business Parks REIT to be Fairly Valued.

Key valuation signals for NSE:MINDSPACE:

  • Pretax Margin %: 40.95% (near median its 10-year median of 38.16)
  • GF Value™: ₹481.75 vs. price of ₹463.16 (3.9% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 12.7% below the REITs median (#568 of 931)

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

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

₹463.16
Price
₹481.75
GF Value