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Mindteck Overview

Mindteck (India) Limited is a international generation company, which is engaged in supplying software program, statistics era (IT)-enabled and related offerings. The Company gives product engineering and records technology offerings to startups, universities, and authorities entities around the world, among others. Its segments are Software services and IT-enabled offerings. Its geographical segments are USA, India and Rest of the arena. Its services include IV and V and certifications; product engineering, reengineering and sustenance; inform...Read More

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Mindteck Key Financials

Market Cap ₹697 Cr.

Stock P/E 24.3

P/B 2.4

Current Price ₹218

Book Value ₹ 89.3

Face Value 10

52W High ₹307

Dividend Yield 0.46%

52W Low ₹ 141

Mindteck Share Price

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Volume
Price

Mindteck Quarterly Price

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Mindteck Peer Comparison

Mindteck Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 98 96 98 108 108 104 104 101 102 100
Other Income 2 2 2 2 2 2 2 3 2 2
Total Income 100 97 100 110 110 106 106 104 104 103
Total Expenditure 90 87 90 99 100 95 95 92 94 90
Operating Profit 10 10 9 11 10 11 11 12 9 13
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 -2 0 0 0 0 2 -5
Profit Before Tax 9 9 8 8 9 9 9 11 10 6
Provision for Tax 2 2 1 2 1 1 2 2 2 1
Profit After Tax 7 7 6 6 8 8 7 9 8 5
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 7 7 6 6 8 8 7 9 8 5
Adjusted Earnings Per Share 2.4 2.3 2.1 2 2.4 2.5 2.1 2.7 2.4 1.6

Mindteck Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 319 312 342 297 299 276 287 299 337 386 424 407
Other Income 1 2 3 2 5 3 5 6 4 7 8 9
Total Income 320 314 344 299 304 279 291 305 341 392 432 417
Total Expenditure 290 291 331 296 297 273 267 279 310 354 389 371
Operating Profit 30 23 14 3 7 6 24 26 32 39 43 45
Interest 0 0 0 1 1 2 2 1 1 1 1 0
Depreciation 2 2 2 1 2 7 6 5 5 4 5 4
Exceptional Income / Expenses 0 0 0 -2 0 -61 0 18 0 0 -2 -3
Profit Before Tax 28 21 11 -0 4 -64 16 38 26 34 35 36
Provision for Tax 9 -5 2 6 2 1 5 5 5 6 7 7
Profit After Tax 19 26 9 -6 3 -65 11 33 21 27 29 29
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 19 26 9 -6 3 -65 11 33 21 27 29 29
Adjusted Earnings Per Share 6.2 8.4 3 -1.8 0.9 -20.6 3.4 10.5 6.7 8.7 9 8.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 10% 12% 9% 3%
Operating Profit CAGR 10% 18% 48% 4%
PAT CAGR 7% -4% 0% 4%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -8% 27% 43% 11%
ROE Average 12% 12% 13% 5%
ROCE Average 15% 16% 16% 8%

Mindteck Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 164 189 197 192 195 130 140 176 191 221 260
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 4 4 -2 4 8 14 4 4 1 0 4
Total Current Liabilities 51 36 41 37 34 37 59 46 46 50 53
Total Liabilities 219 230 236 233 237 181 202 225 238 271 317
Fixed Assets 92 91 89 96 100 50 38 38 35 32 37
Other Non-Current Assets 14 13 12 14 15 18 10 28 8 7 31
Total Current Assets 112 126 135 123 122 114 155 160 196 232 248
Total Assets 219 230 236 233 237 181 202 225 238 271 317

Mindteck Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 15 34 51 39 28 10 29 51 50 41 50
Cash Flow from Operating Activities 23 18 -12 4 -13 15 34 22 13 22 24
Cash Flow from Investing Activities -1 1 1 -12 -2 12 -25 -20 -10 -13 -7
Cash Flow from Financing Activities -3 -3 -1 -3 -3 -9 13 -3 -15 -2 1
Net Cash Inflow / Outflow 19 16 -11 -12 -18 18 22 -2 -12 8 18
Closing Cash & Cash Equivalent 34 51 39 28 10 29 51 50 41 50 70

Mindteck Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 6.23 8.38 2.98 -1.79 0.87 -20.56 3.45 10.53 6.68 8.7 8.99
CEPS(Rs) 6.87 8.97 3.52 -1.38 1.47 -18.33 5.47 12.12 8.14 10.12 10.45
DPS(Rs) 0.8 0.8 0.8 0.8 0.8 0 0 0.8 0.8 0.8 1
Book NAV/Share(Rs) 52.83 60.92 62.3 59.9 60.87 40.56 43.82 55.02 60.92 69.8 80.77
Core EBITDA Margin(%) 9.14 6.64 3.21 0.43 0.88 1.26 6.84 6.51 8.05 8.28 8.31
EBIT Margin(%) 8.81 6.77 3.48 0.14 1.79 -22.38 6.2 13.05 8.02 8.93 8.57
Pre Tax Margin(%) 8.71 6.67 3.36 -0.04 1.46 -23.2 5.63 12.75 7.72 8.7 8.31
PAT Margin (%) 6.01 8.32 2.72 -1.9 0.92 -23.47 3.79 11.15 6.17 7.08 6.76
Cash Profit Margin (%) 6.63 8.9 3.22 -1.47 1.55 -20.92 6.02 12.83 7.51 8.24 7.86
ROA(%) 9.3 11.56 3.98 -2.41 1.17 -30.96 5.66 15.59 8.96 10.73 9.77
ROE(%) 12.42 14.76 4.85 -2.95 1.44 -40.55 8.17 21.35 11.43 13.37 12.03
ROCE(%) 18.11 11.96 6.14 0.22 2.77 -38.03 12.37 23.39 14.74 16.73 15.14
Receivable days 67.79 70.09 68.48 78.42 78.06 84.45 79.89 86.18 85.89 84.86 83.74
Inventory Days 0 0 0 0 0 0 0 0 0 0 0
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 8.2 7.87 21.01 0 33.86 0 9.6 9.95 12.41 18.68 18.52
Price/Book(x) 0.97 1.08 1 0.7 0.48 0.27 0.75 1.9 1.36 2.33 2.06
Dividend Yield(%) 1.56 1.21 1.28 1.92 2.72 0 0 0.76 0.96 0.49 0.6
EV/Net Sales(x) 0.39 0.49 0.46 0.34 0.27 0.02 0.16 0.85 0.47 1 0.94
EV/Core EBITDA(x) 4.09 6.69 11.57 29.93 11.35 0.91 1.85 9.84 5 9.91 9.27
Net Sales Growth(%) -2.94 -2.36 9.64 -13.12 0.87 -7.78 3.84 4.21 12.7 14.49 10.09
EBIT Growth(%) -3.09 -24.95 -43.74 -96.38 1146.51 -1253.17 128.77 119.35 -30.79 27.53 5.72
PAT Growth(%) 3.13 35.07 -64.18 -160.83 148.5 -2464.96 116.76 206.72 -37.65 31.49 5.02
EPS Growth(%) 2.78 34.47 -64.48 -160.25 148.5 -2464.9 116.76 205.63 -36.54 30.13 3.34
Debt/Equity(x) 0 0 0.01 0 0 0 0.13 0 0 0 0
Current Ratio(x) 2.21 3.46 3.26 3.34 3.64 3.04 2.64 3.49 4.22 4.65 4.69
Quick Ratio(x) 2.21 3.46 3.26 3.34 3.64 3.04 2.64 3.49 4.22 4.65 4.69
Interest Cover(x) 90.73 65.22 30.73 0.78 5.36 -27.35 10.78 42.39 26.72 38.67 33.08
Total Debt/Mcap(x) 0 0 0.01 0 0 0 0.17 0 0 0 0

Mindteck Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 64.93 64.91 64.83 64.61 64.49 64.49 64.36 64.2 64.2 64.2
FII 0.2 0.2 0.33 0.22 0.04 0.02 0.18 0 0 0.07
DII 0 0 0 0.02 0 0 0 0 0 0
Public 34.87 34.88 34.84 35.15 35.47 35.49 35.45 35.8 35.8 35.73
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Mindteck News

Mindteck Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 12% over the last 3 years.
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