Mindteck
MINDTECK NSE
Mindteck
Information TechnologyNSE: MINDTECK BSE: 517344 Computer Software & Consulting
Key Fundamentals
MicrocapComputer Software & ConsultingInformation TechnologyMarket Cap
₹505 Cr
Volatility
Low Risk
P/E Ratio
16.27
EBITDA
₹48.00 Cr
Return on Equity
10.38%
Debt to Equity
0.01
Book Value
₹94.29
52W High
₹307.68
52W Low
₹145.13
Tapetide Score
Data-driven rating, 0–100. How it works →
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.
Growth Rate
Revenue Growth
-3.38% lower than
3Y
Net Income Growth
9.76% lower than
3Y
Cash Flow Change
7.87% lower than
3Y
ROE
-5.98% lower than
3Y
ROCE
-5.46% higher than
3Y
EBITDA Margin (Avg.)
16.04% higher than
3Y
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 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 in Rs | 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
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 6 | 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 in Rs | 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% | -45% | 92% | 0% | 0% | 8% | 12% | 9% | 11% | 10% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Mindteck insights
60 extracted metrics + investor summaries across FY10–FY26.
Documents
1
Announcement under Regulation 30 (LODR)-Change in Management
6 May - Mindteck SVP-HR Pradeep K resigned; last working day July 2, 2026. 6 May - Mindteck SVP-HR Pradeep K resigned; last working day July 2, 2026.
2
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
23 Apr - Mindteck declares SEBI large corporate disclosure norms are not applicable. 23 Apr - Mindteck declares SEBI large corporate disclosure norms are not applicable.
3
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
16h - Mindteck declares SEBI large corporate disclosure norms are not applicable. 16h - Mindteck declares SEBI large corporate disclosure norms are not applicable.
4
Clarification On Increase In Volume Of Mindteck Shares
20 Apr - Mindteck clarifies no undisclosed price-sensitive information behind recent share volume increase. 20 Apr - Mindteck clarifies no undisclosed price-sensitive information behind recent share volume increase.
5
Clarification sought from Mindteck (India) Ltd
20 Apr - Exchange has sought clarification from Mindteck (India) Ltd on April 20, 2026, with reference to Movement in Volume. 20 Apr - Exchange has sought clarification from Mindteck (India) Ltd on April 20, 2026, with reference to Movement in Volume.
Frequently Asked Questions about Mindteck
What does Mindteck (India) Ltd do?
Incorporated in 1991, Mindteck Ltd is in the business of rendering engineering and IT services[1]
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 market capitalisation of Mindteck (India) Ltd?
Mindteck (India) Ltd has a market capitalisation of ₹504.88 Cr, which places it in the Small Cap band.
What is the PE ratio of Mindteck (India) Ltd?
Mindteck (India) Ltd trades at a PE ratio of 16.27, 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 ₹145.13 and ₹307.68.
Does Mindteck (India) Ltd pay dividends?
Mindteck (India) Ltd has a dividend yield of 0.62%.
What is the Return on Equity (ROE) of Mindteck (India) Ltd?
Mindteck (India) Ltd reported a return on equity of 10.38%. 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[1]
Website mindteck.com
CEO Mr. Santosh Kalli Nandiyath
Employees 686
Listed 2016-08-02
Face Value ₹ 10
Issued Size 3,19,54,221
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