NSE:MINDSPACE Stock Forecast

Stock Price Forecast

According to 15 analysts polled by S&P Global, NSE:MINDSPACE stock has a consensus rating of "Buy" and an average price target of ₹506.20. The average 1-year stock price forecast is 46.70% higher than the current stock price, while the lowest is ₹380.00 (+10.13%) and the highest is ₹545.00 (+57.94%).

Price Target: ₹506.20 (+46.70%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹380.00	₹506.20	₹520.00	₹545.00
Change	+10.13%	+46.70%	+50.70%	+57.94%

* Price targets were last updated on May 1, 2026.

Analyst Ratings

The average analyst rating for NSE:MINDSPACE stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Apr '26	May '26	Jun '26
Strong Buy	8	5	5	5	6	6
Buy	6	7	7	5	6	6
Hold	1	3	3	4	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	15	15	14	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Abhinav Sinha CFA Jefferies	Jefferies	Buy Maintains ₹527.00 → ₹545.00	Buy	Maintains	₹527.00 → ₹545.00	+57.94%	May 1, 2026

Financial Forecast

Revenue This Year

39.06B

from 32.81B

19.03%

from 32.81B

Revenue Next Year

45.54B

from 39.06B

16.61%

from 39.06B

EPS This Year

13.83

from 10.98

25.98%

from 10.98

EPS Next Year

16.16

from 13.83

16.86%

from 13.83

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	17.62B	23.02B	24.62B	26.67B	32.81B	39.06B
Revenue Growth	52.93%	30.62%	6.99%	8.31%	23.03%	19.03%
Net Income	4.24B	2.84B	5.25B	4.76B	6.52B	8.70B
EPS	-	-	-	-	10.98	13.83
EPS Growth	-	-	-	-	36.39%	25.98%
Forward PE	-	-	-	-	-	24.95
Dividend / Share	18.45	19.10	19.16	21.95	24.09	26.47
Dividend Growth	-	3.52%	0.31%	14.56%	9.75%	9.86%
Free Cash Flow	7.08B	8.16B	6.07B	14.01B	15.29B	-18.11B
No. Analysts	-	-	-	-	-	14

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	44.5B
Avg	39.1B
Low	28.9B

Revenue Growth

Revenue Growth	2027	2028	2029
High	35.6%
Avg	19.0%
Low	-12.1%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	13.83
Low	-

EPS Growth

EPS Growth	2027	2028	2029
High	-
Avg	26.0%
Low	-