---
title: "Bagmane Prime Office REIT (BAGMANE) — Share Price, Financials & Analysis"
symbol: "BAGMANE"
company: "Bagmane Prime Office REIT"
canonical: "https://tapetide.com/stocks/BAGMANE"
isin: "INE2OVN25015"
nse_symbol: "BAGMANE"
bse_code: "544758"
sector: "Consumer Discretionary"
industry: "Realty"
market_cap_cr: 36618
generated_at: "2026-09-13T18:34:50.528Z"
---

# Bagmane Prime Office REIT (BAGMANE)

Canonical page: https://tapetide.com/stocks/BAGMANE

## Company

- **NSE Symbol:** BAGMANE
- **BSE Code:** 544758
- **ISIN:** INE2OVN25015
- **Sector:** Consumer Discretionary
- **Industry:** Realty
- **Macro Sector:** Consumer Discretionary
- **Listed Since:** 2026-05-15
- **Face Value:** ₹100
- **F&O Eligible:** No
- **Website:** bagmanereit.com

## About

Bagmane REIT has been registered with SEBI 
on July 15, 2025 as a real estate investment 
trust. The principal place of business of REIT 
is situated at Bagmane Tech Park, Bangalore. 
It owns and manages premium Grade A+ business parks in Bangalore.[1]

## Latest Price

- **Price:** ₹108.79
- **Change:** +1.04 (+0.97%)
- **Open:** ₹108
- **Day High:** ₹110.7
- **Day Low:** ₹107.21
- **Previous Close:** ₹107.75
- **Volume:** 1324949
- **As Of:** 2026-09-11T09:59:56+00:00

## Key Fundamentals

Observed at 2026-09-11T04:30:14.559209Z.

- **Market Cap:** ₹36618 Cr
- **Classification:** Smallcap
- **P/E (reported):** 0
- **Book Value:** ₹104.65
- **Price to Book:** 1.03
- **Dividend Yield:** 1.39%
- **ROE:** 56.34%
- **ROCE:** 31.34%
- **Debt to Equity:** 2.37

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 40.2%

### Weaknesses

- Stock is trading at 20.3 times its book value
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -100% |
| revenue growth | -100% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- |
| Sales | 623 | 0 | 437 |
| Expenses | 104 | 0 | 73 |
| Operating Profit | 519 | 0 | 364 |
| OPM % | 83 | — | 83 |
| Other Income | 7 | 0 | 14 |
| Interest | 95 | 0 | 38 |
| Depreciation | 46 | 0 | 187 |
| Profit before tax | 386 | 0 | 153 |
| Tax % | 34 | 175 | 62 |
| Net Profit | 254 | 0 | 59 |
| EPS in Rs | — | — | 0.17 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 1979.31 | 2205.37 | 2370.75 | 0 |
| Expenses | 415.44 | 495.57 | 484.21 | 0.26 |
| Operating Profit | 1563.87 | 1709.8 | 1886.54 | -0.26 |
| OPM % | 79.01 | 77.53 | 79.58 | — |
| Other Income | 23.21 | 30.5 | 20.13 | 0 |
| Interest | 284.39 | 353.11 | 394.03 | 0 |
| Depreciation | 159.95 | 161.66 | 168.83 | 0 |
| Profit before tax | 1142.74 | 1225.53 | 1343.81 | -0.26 |
| Tax % | 33.61 | 33.96 | 33.24 | 0 |
| Net Profit | 758.7 | 809.36 | 897.1 | -0.26 |
| Dividend Payout % | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | — | 6.08 | 6.04 | — |
| Reserves | — | 1224.27 | 1579.71 | — |
| Borrowings | — | 3873.71 | 3765.53 | — |
| Other Liabilities | — | 1711.97 | 1887.2 | — |
| Total Liabilities | — | 6816.03 | 7238.48 | — |
| Fixed Assets | — | 5574.31 | 6066.15 | — |
| CWIP | — | 4.89 | 28.5 | — |
| Investments | — | 0 | 0 | — |
| Other Assets | — | 1236.83 | 1143.83 | — |
| Total Assets | — | 6816.03 | 7238.48 | — |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1073.24 | 1215.27 | 1595.89 | — |
| Cash from Investing Activity | -214.37 | -434.57 | -488.37 | — |
| Cash from Financing Activity | -815.61 | -790.55 | -951.85 | — |
| Net Cash Flow | 43.26 | -9.85 | 155.67 | — |
| Free Cash Flow | 856.89 | 816.86 | 1137.67 | — |
| CFO/OP | 82 | 93 | 107 | — |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | — | 13.91 | 7.85 | — |
| Cash Conversion Cycle | — | 13.91 | 7.85 | — |
| Working Capital Days | — | -213.5 | -235.48 | — |
| ROCE % | — | — | 33.22 | — |

## Shareholding Pattern

### Quarterly

| Category | Jun 2026 |
| --- | --- |
| Promoters | 82.81% |
| FIIs | 0% |
| DIIs | 3.56% |
| Government | 0% |
| Public | 3.89% |
| Others | 9.75% |
| No. of Shareholders | 0 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 10 / 1

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 106.99 | Buy |
| EMA (10) | 107.36 | Buy |
| SMA (20) | 106.96 | Buy |
| EMA (20) | 107.05 | Buy |
| SMA (50) | 106.01 | Buy |
| EMA (50) | 106.16 | Buy |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 65.89 | Neutral |
| MACD (12,26,9) | 0.39 | Buy |
| Stochastic (14,3,3) | 77.05 | Neutral |
| ADX (14) | 17.26 | Neutral |
| Williams %R (14) | -33.81 | Neutral |
| ATR (14) | 1.31 | Neutral |
| ROC (12) | 1.7 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 59.3 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d3dfb93b-8ef7-4490-9368-15b4cb0b908f.pdf) |
| 2026-08-25 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8c4a5d1a-4112-4cf5-8894-214c0315c12a.pdf) |
| 2026-08-21 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a3ae1e18-3648-4791-88f1-720199ae9a8f.pdf) |
| 2026-08-17 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b9314cd6-58b8-43a2-82dd-1958e95d11c5.pdf) |
| 2026-08-12 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=65b4c1a7-2c8e-44ab-a46d-d5df0ef5a7d2.pdf) |
| 2026-08-12 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37922f50-3dd5-4bcb-8515-62f629d8ec1b.pdf) |
| 2026-08-11 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b6d1b2c-5629-4b6f-a0a6-099ab121bc37.pdf) |
| 2026-08-11 | [Reg 18(16): Disclosure of record date for purpose of distribution](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=42882e01-a811-4fcb-b3ee-43640c23178f.pdf) |
| 2026-08-11 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=77b51af2-f014-41ed-9b22-ad9905c58c68.pdf) |
| 2026-08-05 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3ec5b227-b15d-4f6b-8268-3a5e6b99773b.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 20 Jun - Submitted Part C corporate governance compliance report for year ended March 31, 2026; first AGM proposed in July 2026. | [Reg 23(5)(i): Disclosure of material issue 20 Jun - Submitted Part C corporate governance compliance report for year ended March 31, 2026; first AGM proposed in July 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eadb91af-fa0d-4ef7-aa07-85ae60f3a788.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:34:50.528Z.