Mindspace REIT Q1 FY27 results: Aug 2026 payout

What the latest update is

Mindspace Business Parks REIT has scheduled a Board of Directors meeting on August 05, 2026 to consider its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board is also expected to declare a distribution to unitholders at the same meeting.

For listed REITs, the timing and structure of distributions is a primary point of focus for market participants, alongside the operational metrics that drive net operating income and cash flows. The update also provides a clear timetable for the follow-on investor engagement and the payout process.

Key dates: results, call, record date, and payment

Mindspace REIT has laid out the distribution calendar around the Q1 FY27 results.

• Results and distribution consideration: August 05, 2026
• Investor conference call: August 06, 2026 at 4:00 PM IST
• Record date for distribution: August 08, 2026
• Expected payment: on or before August 14, 2026

These dates matter for unitholders tracking eligibility (record date) and cash receipt timelines (payment date), and for investors looking to follow management commentary via the scheduled call.

Market snapshot provided in the update

The data shared alongside the corporate schedule included a market snapshot and recent performance figures.

• Market capitalisation: ₹325,984.1 million
• CMP: ₹492.13
• Reported price move: +4.97 (+1.05%)
• Return snapshots: 1D +1.05%, 1M +3.43%, 6M +1.87%, 1Y +19.58%, 5Y +69.19%

The same dataset also lists key valuation and return indicators: P/E (TTM) 43.99, EPS (TTM) 10.49, P/B 1.07, ROE 4.33%, and dividend yield 2.60%.

Previous quarter reference numbers

The quick details section also cited the immediately preceding quarter’s financial markers.

• Previous quarter revenue: ₹4,413 million
• Previous quarter PAT: ₹1,458 million

These figures serve as a baseline when investors compare sequential changes after the Q1 FY27 results are released.

Recent debt-servicing update: NCD interest and redemption

Separately, the provided information notes that Mindspace Business Parks REIT paid interest on 14 NCD series for the quarter ended June 30, 2026, and also redeemed the principal of ₹5,000 million (₹500 crore) for Series 6 NCDs on maturity.

All payments were stated to have been settled on June 29, 2026, with the update adding that there were no unpaid obligations as of the due date. For income-focused REIT investors, timely servicing of debt and scheduled redemptions is an important operating check, especially when distribution expectations are being evaluated.

What earlier FY26 disclosures showed

The dataset includes prior reported results for Q4 and FY26 ended March 31, 2026.

For Q4 FY26:

• Net profit after tax: ₹2,087.31 million (up 117% year-on-year from ₹961.11 million)
• Total income from operations: ₹9,148.94 million (up 29%)

For FY26:

• Net profit after tax: ₹6,942.58 million (up 35% from ₹5,137.46 million)
• Total income: ₹32,930.87 million (up 23%)

The same disclosure set cited a debt service coverage ratio of 2.90 and interest service coverage ratio of 3.38 for Q4 FY26.

Distribution references across prior updates

Multiple distribution references appear in the provided material. One update states a distribution of ₹3,527.00 million, described as up 18% from last year, with distribution per unit (DPU) of ₹5.79.

Another Q1 performance snapshot states that Mindspace REIT approved a distribution of ₹5.79 per unit, with operating metrics such as revenue from operations of ₹7,523.00 million and profit of ₹1,822.33 million, alongside an EPU of ₹2.99.

In an additional operational update for the April-June quarter, the REIT reported net operating income of ₹6,164 million (₹616.4 crore) and distributions of ₹3,527 million (₹352.7 crore), while also describing DPU of ₹5.79 per unit and gross leasing activity.

Portfolio and leasing indicators cited

The dataset also includes portfolio and leasing indicators as of March 31, 2026, including:

• Total portfolio leasable area: 39.3 million sq ft (32.0 million completed, 5.4 million under construction, 1.9 million future development)
• Q4 FY26 revenue: ₹8,879 million
• Q4 FY26 Net Operating Income (NOI): ₹7,419 million
• Gross leasing (Q4 FY26): 3.5 msf
• Area re-leased (Q4 FY26): 0.6 msf
• Re-leasing spread: 40.3%
• Average rent for gross leasing: INR 103 psf

A separate Q1 operational note also mentioned gross leasing of 1.7 million sq ft, taking committed occupancy to 93.7% for the quarter.

Funding activity mentioned in the quarter

The provided information also references fund-raising during the quarter, including:

• Commercial paper: ₹8,000 million (₹800 crore) at 6.46% per annum per month
• NCDs: ₹6,000 million (₹600 crore) with a tenure of five years at 7.15%

This context sits alongside the debt-servicing update and helps investors map how liabilities and refinancing activity evolve around distribution periods.

Company and investor contact details included

The dataset lists Mindspace REIT’s registered office as Raheja Tower, Plot No. C-30, Block ‘G’, Bandra Kurla Complex, Bandra (E), Mumbai, Maharashtra 400051. It also provides the email reitcompliance@mindspacereit.com and the website http://www.mindspacereit.com.

It further mentions the registrar location in Hyderabad 500032, Telangana, with the email einward.ris@karvy.com.

Market impact and what to track on August 5

The near-term market focus is likely to stay on the unaudited Q1 FY27 numbers and the distribution declaration expected from the August 5 board meeting. The record date and payment timeline are already specified, so the remaining moving parts are the quantum of distribution and the supporting financial and operating line items.

From the metrics cited in earlier disclosures, investors typically monitor revenue or total income, NOI, leasing performance and occupancy, and how these translate into DPU. The conference call on August 6 provides a structured forum for clarifications after the results are released.

Conclusion

Mindspace Business Parks REIT’s August 5, 2026 board meeting sets up the Q1 FY27 results release and the next distribution decision, followed by an investor call on August 6 and a record date of August 8. Payment is expected on or before August 14, 2026, keeping the distribution timeline clear for unitholders.