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Mindteck (India)

MINDTECK NSE
₹138.45 No trade today
P/E
14.20
View as Markdown
MCP
Close 4 Nov 2026 ₹138.45 −111.90 −44.7% 1Y
Start ₹250.35

Key Fundamentals

MicrocapIT - SoftwareInformation Technology

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
15.10%
Debt to Equity
0.01
EPS (TTM)
₹9.75
Book Value
₹94.29
Market Cap
—
P/E (TTM)
14.20
P/B
1.47
ROE
12.10%
Dividend Yield
0.75%
EBITDA
₹48.00 Cr
52W High
₹260.00
52W Low
₹124.51
Volume
0

Peer Comparison

Information Technology › Computer Software & Consulting › Computers - Software & Consulting

Mindteck peer comparison
₹2,436.0017.08₹8,98,480 Cr7.400.96%51.80%63.00%₹2,83,248 Cr₹51,858 Cr
₹1,128.2014.88₹4,63,085 Cr4.862.26%31.90%40.00%₹1,89,336 Cr₹30,788 Cr
₹1,405.0021.88₹3,89,601 Cr5.013.34%23.80%30.40%₹1,34,374 Cr₹17,434 Cr
₹194.5515.21₹1,94,390 Cr2.441.01%15.50%17.80%₹94,968 Cr₹13,285 Cr
₹1,783.0034.02₹1,76,066 Cr5.880.84%17.50%23.10%₹59,176 Cr₹5,163 Cr
₹4,204.9023.84₹1,26,067 Cr4.820.59%23.10%29.60%₹44,075 Cr₹5,197 Cr
₹6,065.0049.64₹96,188 Cr7.820.66%27.20%34.40%₹15,718 Cr₹1,922 Cr
Mindteck (this company)
₹138.4514.20₹440 Cr1.470.75%12.10%15.10%₹410 Cr₹31 Cr
Median 8 companies₹1,594.0019.48₹1,85,228 Cr4.940.90%23.45%30.00%₹77,072 Cr₹9,241 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

57 Good

Data confidence 100/100

Category scores

Quality
74
Strong
Returns, margins, earnings quality 22% weight
Valuation
59
Good
Cheap vs sector & own history 24% weight
Growth
37
Weak
Sales & profit trajectory 9% weight
Financial Health
83
Strong
Solvency, leverage, coverage 9% weight
Momentum
20
Poor
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Company has reduced debt.
  • Company is almost debt free.

Weaknesses

2
  • The company has delivered a poor sales growth of 7.27% over past five years.
  • Company has a low return on equity of 12.6% over last 3 years.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish955
OscillatorsNeutral252
Moving AveragesStrong Bearish703

Key readings

RSI (14)
46.68
Neutral
MACD (12,26,9)
−5.41
Bullish
SMA (50)
151.76
Bearish
SMA (200)
188.45
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+2.69%
5Y+7.24%
3Y+6.49%
1Y−4.01%
TTM−1.79%

Net profit

Net profit growth by window
10Y+2.10%
5Y+23.81%
3Y+15.07%
1Y+10.34%
TTM+0.26%

Operating cash flow

Operating cash flow growth by window
10Y+4.34%
5Y−5.22%
3Y+25.99%
1Y+8.33%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y+2.61 pp
5Y+2.37 pp
3Y+1.33 pp
1Y+1.09 pp
TTM+0.30 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹342 Cr
Mar 2018₹297 Cr
Mar 2019₹299 Cr
Mar 2020₹276 Cr
Mar 2021₹287 Cr
Mar 2022₹299 Cr
Mar 2023₹337 Cr
Mar 2024₹386 Cr
Mar 2025₹424 Cr
Mar 2026₹407 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹9.00 Cr
Mar 2018−₹6.00 Cr
Mar 2019₹3.00 Cr
Mar 2020−₹65.00 Cr
Mar 2021₹11.00 Cr
Mar 2022₹33.00 Cr
Mar 2023₹21.00 Cr
Mar 2024₹27.00 Cr
Mar 2025₹29.00 Cr
Mar 2026₹32.00 Cr

Quarterly Results

₹ Cr
MINDTECK quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
93.41
98.47
95.75
97.9
108
108
104
104
101
102
100
104
104
Expenses
85.81
89.71
87.21
90.37
99.15
99.64
94.92
95.45
91.68
94.42
90.01
93.25
95.95
Operating Profit
7.6
8.76
8.54
7.53
9
8.59
9.1
8.57
9.62
7.21
10.45
10.66
8.13
OPM %
8.14%
8.9%
8.92%
7.69%
8.32%
7.94%
8.75%
8.24%
9.5%
7.09%
10.4%
10.26%
7.81%
Other Income
1.68
1.6
1.52
1.66
0.23
1.75
1.83
2
2.65
4.02
−3.08
3.08
2.83
Interest
0.26
0.22
0.22
0.19
0.18
0.19
0.37
0.36
0.34
0.29
0.25
0.2
0.22
Depreciation
1.12
1.1
1.11
1.14
1.13
1.14
1.24
1.17
1.17
1.15
1.14
1.11
1.12
PBT
7.9
9.04
8.73
7.86
7.92
9.01
9.32
9.04
10.76
9.79
5.98
12.43
9.62
Tax %
21.14%
18.03%
17.64%
17.56%
19.44%
15.98%
14.91%
24.78%
18.68%
22.78%
15.55%
18.26%
13.1%
Net Profit
6.23
7.41
7.19
6.48
6.38
7.57
7.93
6.8
8.75
7.56
5.05
10.16
8.36
EPS (₹)
1.97
2.34
2.28
2.04
2.01
2.38
2.49
2.13
2.74
2.37
1.58
3.18
2.62

Profit & Loss

₹ Cr
MINDTECK profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
319
312
342
297
299
276
287
299
337
386
424
407
410
Expenses
290
291
331
296
295
272
267
278
310
353
389
369
374
Operating Profit
29
21
11
1
4
4
20
21
27
32
35
38
36
OPM %
9%
7%
3.2%
0.4%
1.5%
1.6%
7%
7%
8%
8%
8%
9%
9%
Other Income
1
2
3
0
3
−59
5
23
4
6
7.54
7
7
Interest
0
0
0
1
1
2
2
1
1
1
1
1
1
Depreciation
2
2
2
1
2
7
6
5
5
4
5
5
5
PBT
28
21
11
0
4
−64
16
38
26
34
35
39
38
Tax %
31%
−25%
19%
4608%
37%
1%
33%
13%
20%
19%
19%
19%
—
Net Profit
19
26
9
−6
3
−65
11
33
21
27
29
32
31
EPS (₹)
6.13
8.23
2.93
−1.77
0.86
−20.25
3.39
10.38
6.57
8.62
8.99
9.86
9.75
Div. Payout %
13%
10%
27%
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
92%
0%
0%
8%
12%
9%
11%
10%
—

Balance Sheet

₹ Cr
MINDTECK balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
25
25
25
25
25
25
25
25
25
25
32
32
Reserves
139
165
172
167
170
104
115
150
166
196
228
272
Borrowings
0
0
1
0
0
13
26
8
6
2
7
4
Other Liabilities
56
42
43
44
44
42
41
46
46
52
54
62
Total Liabilities
219
231
240
236
239
184
207
229
243
276
322
370
Fixed Assets
92
91
90
97
101
51
38
38
36
33
38
33
CWIP
0
0
0
0
0
0
0
0
0
0
0
0
Investments
0
0
0
8
14
0
0
0
0
0
0
56
Other Assets
127
140
150
130
125
133
169
191
207
243
284
280
Total Assets
219
231
240
236
239
184
207
229
243
276
322
370

Cash Flow

₹ Cr
MINDTECK cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
23
17
−12
4
−13
15
34
22
13
22
24
26
Investing
−1
1
1
−12
−2
13
−25
−19
−7
−12
−5
−28
Financing
−3
−2
−1
−3
−3
−9
13
−3
−15
−2
1
−7
Net Cash Flow
19
16
−11
−11
−18
19
22
0
−9
8
20
−8
Free Cash Flow
21
17
−13
1
−14
13
33
21
11
21
23
26
CFO/OP
100
113
−53
716
−135
412
172
123
69
93
89
92

Ratios

MINDTECK financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
71
68
75
71
86
75
87
89
93
88
87
102
Cash Conversion Cycle
71
68
75
71
86
75
87
89
93
88
87
102
Working Capital Days
31
46
58
57
79
62
24
45
53
54
53
66
ROCE %
18%
12%
6%
1%
3%
−1%
12%
12%
14%
16%
16%
15%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Mindteck insights

60 extracted metrics across FY11–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 64.20%
  • Public 20.10%
  • Others 15.64%
  • FIIs 0.07%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

  • Q4 FY25 concall · Mar 2025
    PPT
  • Concall · Sep 2024
    PPT
  • Q1 FY25 concall · Jul 2024
    PPT
  • Concall · May 2019
    PPT
  • Q3 FY19 concall · Feb 2019
    PPT

Frequently Asked Questions about Mindteck (India)

What does Mindteck (India) Ltd do?
Incorporated in 1991, Mindteck Ltd is in the business of rendering engineering and IT services
Where is Mindteck (India) Ltd (MINDTECK) listed?
Mindteck (India) Ltd trades as MINDTECK on the NSE and under code 517344 on the BSE.
Which sector does Mindteck (India) Ltd belong to?
Mindteck (India) Ltd is classified under the Information Technology sector, in the Computer Software & Consulting industry.
What is the PE ratio of Mindteck (India) Ltd?
Mindteck (India) Ltd trades at a PE ratio of 14.20 as of 4 Nov 2026, on earnings per share of ₹9.75, against a book value of ₹94.29 per share.
What is the 52-week high and low of Mindteck (India) Ltd?
Over the last 52 weeks Mindteck (India) Ltd has traded between ₹124.51 and ₹260 as of 4 Nov 2026.
Does Mindteck (India) Ltd pay dividends?
Mindteck (India) Ltd has a dividend yield of 0.75%.
What is the Return on Equity (ROE) of Mindteck (India) Ltd?
Mindteck (India) Ltd reported a return on equity of 12.10%. Its debt-to-equity ratio is 0.01.

Company Information

Incorporated in 1991, Mindteck Ltd is in the business of rendering engineering and IT services

Website mindteck.com
CEO Mr. Santosh Kalli Nandiyath
Employees 686
Listed 2 Aug 2016
Face Value ₹10

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