Also trades as: MINDSPACE-RR.NS (NSE) · $vol 1M

₹499.20 ($5.19)

-1.85 (-0.37%)

BSE · Real Estate · REIT - Office · Tech Score Neutral · Power 46 · ₹330.5B mcap · 270M float · 0.0050% daily turnover

Revenue

$32.7B +27.9% ▲

5Y CAGR: +23.3%

Gross Profit

$12.1B -44.0% ▼

5Y CAGR: +9.0%

Operating Income

$12.1B -17.6% ▼

5Y CAGR: +12.3%

Net Income

$6.5B +36.9% ▲

5Y CAGR: +16.2%

EPS (Diluted)

$10.55 +31.5% ▲

5Y CAGR: +6.4%

EBITDA

$16.5B -12.6% ▼

5Y CAGR: +13.5%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$17.3B	$22.4B	$23.9B	$25.6B	$32.7B
YoY Growth	+50.8%	+29.7%	+6.6%	+7.1%	+27.9%
Cost of Revenue	$2.5B	$4.2B	$4.3B	$3.9B	$20.6B
Gross Profit	$14.8B	$18.2B	$19.6B	$21.7B	$12.1B
Gross Margin	85.8%	81.5%	82.1%	84.7%	37.1%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$244M	$356M	$668M	$875M	$1.0B
Operating Expenses	$4.5B	$6.4B	$6.2B	$6.9B	-$23M
Operating Income	$10.3B	$11.9B	$13.4B	$14.8B	$12.1B
Operating Margin	59.4%	53.0%	56.0%	57.7%	37.2%
Interest Expense	$2.6B	$3.4B	$4.6B	$5.6B	$14M
Income Before Tax	$7.1B	$7.4B	$9.1B	$9.7B	$11.7B
Tax Expense	$2.7B	$4.3B	$3.5B	$4.5B	$4.8B
Net Income	$4.2B	$2.8B	$5.3B	$4.8B	$6.5B
Net Margin	24.6%	12.7%	22.0%	18.6%	19.9%
EPS (Diluted)	$7.15	$4.78	$8.85	$8.02	$10.55
EBITDA	$13.1B	$14.4B	$17.5B	$19.6B	$16.5B
Shares Outstanding	593M	593M	593M	594M	618M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$6.2B	$6.3B	$6.4B	$6.7B	$7.3B	$7.9B	$8.5B	$9.0B
Cost of Revenue	$1.2B	$963M	$1.0B	$1.0B	$1.4B	$5.1B	$1.1B	$5.3B
Gross Profit	$5.0B	$5.3B	$5.4B	$5.7B	$5.9B	$2.8B	$7.4B	$3.7B
Gross Margin	81.2%	84.7%	84.1%	85.1%	80.8%	35.6%	86.8%	41.1%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$170M	$134M	$133M	$494M	$223M	$252M	$262M	$264M
Operating Expenses	$1.4B	$1.6B	$1.7B	$2.0B	$1.6B	$2M	$2.5B	$62M
Operating Income	$3.6B	$3.7B	$3.7B	$3.7B	$4.3B	$2.8B	$1.4B	$3.6B
Operating Margin	58.9%	58.5%	58.1%	55.5%	58.7%	35.5%	16.8%	40.4%
Interest Expense	$1.3B	$1.3B	$1.4B	$1.5B	$2.0B	$4M	$2.1B	$4M
Income Before Tax	$2.3B	$2.4B	$2.4B	$2.5B	$2.6B	$2.3B	$3.2B	$3.6B
Tax Expense	$966M	$1.1B	$973M	$1.5B	$923M	$1.1B	$1.2B	$1.6B
Net Income	$1.3B	$1.3B	$1.4B	$869M	$1.6B	$1.2B	$1.8B	$2.0B
Net Margin	20.7%	20.0%	21.2%	12.9%	21.5%	14.8%	21.1%	22.0%
EPS (Diluted)	$2.16	$2.12	$2.29	$1.46	$2.57	$1.91	$2.96	$3.08
EBITDA	$4.6B	$4.7B	$4.9B	$5.1B	$5.8B	$4.0B	$4.4B	$4.9B
Shares Outstanding	593M	593M	593M	594M	609M	609M	609M	645M

MINDSPACE.BO BSE