Mindteck (India) Limited MINDTECK NSETECH
Mindteck (India) Limited provides engineering and information technology (IT) services in the United States, India, and internationally. The company offers product engineering, embedded design systems, and Internet of Things solutions, as well as testing, optimization, and security services; product lifecycle and reliability management; digital transformation and smart solutions, such as asset tracking systems, and renewable energy digital transformation; and medical devices and healthcare, such as Next-Gen remote patient, post-operative heart health monitoring, web/cloud-based patient monitoring platform, cloud-integrated AED solution, and cybersecurity and penetration testing. It also provides analytical instruments, including business intelligence for laboratory instruments, informatics platform for lab automation, and remote scientific data review system; data storage solutions comprising data migration tool development, full stack development, and cloud storage development and testing; semiconductor products, such as common cluster tool controller (CTC) framework, enterprise data management platform, cloud-based document solutions, wafer defect classification using deep learning, and LLM-based risk assessment; and testing services, such as platform-independent automation tools, mobile test automation framework, and BDD-based cloud test framework. In addition, the company offers infrastructure services, such as data center management, network, security, and desktop management. It serves the medical device and healthcare, life science and analytical instruments, semiconductor, and data storage industries; and government. The company was formerly known as Hinditron Informatics Limited and changed its name to Mindteck (India) Limited in September 1999. The company was incorporated in 1991 and is headquartered in Bengaluru, India. Mindteck (India) Limited is a subsidiary of Embtech Holdings Limited.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Profit CAGR of 14.9% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 27.5% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | MINDTECK Mindteck (India) Limited NSETECH | 214.80 | 21.78 | ₹686.38 Cr | 0.47% | 12.81% | 11.19% | 6.55% | 14.92% |
| 2 | TCS Tata Consultancy Services Limited NIFTY50NSEAITECH | 2,258.90 | 16.61 | ₹8.17 L Cr | 5.49% | 54.93% | 48.40% | 5.80% | 5.30% |
| 3 | INFY Infosys Limited NIFTY50NSEAITECH | 1,160.90 | 15.01 | ₹4.70 L Cr | 4.31% | 41.66% | 31.44% | 3.44% | 3.58% |
| 4 | HCLTECH HCL Technologies Limited NIFTY50NSEAITECH | 1,183.80 | 19.31 | ₹3.20 L Cr | 8.11% | 27.21% | 23.36% | 8.65% | 3.87% |
| 5 | WIPRO Wipro Limited NIFTY50NSEAITECH | 204.25 | 16.26 | ₹2.14 L Cr | 8.32% | 18.42% | 15.49% | 4.05% | 2.44% |
| 6 | TECHM Tech Mahindra Limited NIFTY50NSEAITECH | 1,483.90 | 27.40 | ₹1.31 L Cr | 3.44% | 20.60% | 16.61% | 2.16% | -0.14% |
| 7 | LTM LTM Limited NSETECH | 4,061.60 | 24.04 | ₹1.20 L Cr | 1.85% | 25.39% | 21.29% | 8.43% | 4.41% |
| 8 | LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH | 1,523.90 | 61.35 | ₹1.03 L Cr | - | 27.64% | 24.72% | 0.98% | - |
| 9 | WAAREEENER WAAREE ENERGIES LIMITED NIFTY_MIDNSETECH | 3,140.80 | 27.70 | ₹90,345.53 Cr | 0.13% | 24.21% | 31.57% | 71.63% | 191.18% |
Quarterly Results
Figures in INR.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | 104.02 Cr | 101.30 Cr | 101.63 Cr | 100.46 Cr | 103.91 Cr |
| Cost of Revenue | - | - | 83.53 Cr | 82.47 Cr | 85.44 Cr | 83.11 Cr | 86.46 Cr |
| Gross Profit | - | - | 20.49 Cr | 18.83 Cr | 16.19 Cr | 17.35 Cr | 17.45 Cr |
| Operating Expenses | - | - | 13.09 Cr | 10.38 Cr | 10.13 Cr | 8.04 Cr | 7.90 Cr |
| Operating Income | - | - | 7.40 Cr | 8.45 Cr | 6.06 Cr | 9.31 Cr | 9.55 Cr |
| EBITDA | - | - | 10.57 Cr | 12.27 Cr | 11.23 Cr | 7.37 Cr | 13.74 Cr |
| Interest Expense | - | - | 36.00 L | 34.00 L | 29.00 L | 25.00 L | 20.00 L |
| Pretax Income | - | - | 9.04 Cr | 10.76 Cr | 9.79 Cr | 5.98 Cr | 12.43 Cr |
| Tax Provision | - | - | 2.24 Cr | 2.01 Cr | 2.23 Cr | 93.00 L | 2.27 Cr |
| Net Income | - | - | 6.80 Cr | 8.75 Cr | 7.56 Cr | 5.05 Cr | 10.16 Cr |
| Diluted EPS | 2.36 | - | 2.13 | 2.73 | 2.36 | 1.58 | 3.18 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 336.73 Cr | 385.53 Cr | 424.42 Cr | 407.30 Cr |
| Cost of Revenue | - | 274.40 Cr | 310.77 Cr | 337.73 Cr | 337.48 Cr |
| Gross Profit | - | 62.33 Cr | 74.76 Cr | 86.69 Cr | 69.82 Cr |
| Operating Expenses | - | 39.49 Cr | 45.84 Cr | 56.11 Cr | 36.45 Cr |
| Operating Income | - | 22.84 Cr | 28.92 Cr | 30.58 Cr | 33.37 Cr |
| EBITDA | - | 31.52 Cr | 38.90 Cr | 41.07 Cr | 44.61 Cr |
| Interest Expense | - | 1.01 Cr | 89.00 L | 1.10 Cr | 1.08 Cr |
| Pretax Income | - | 25.98 Cr | 33.53 Cr | 35.29 Cr | 38.96 Cr |
| Tax Provision | - | 5.21 Cr | 6.22 Cr | 6.61 Cr | 7.44 Cr |
| Net Income | - | 20.77 Cr | 27.31 Cr | 28.68 Cr | 31.52 Cr |
| Diluted EPS | - | 6.46 | 8.55 | 8.98 | 9.85 |
Compounded Sales Growth
| 5 Years: | 6.55% |
| 1 Year: | -0.10% |
Compounded Profit Growth
| 5 Years: | 14.92% |
| 1 Year: | 49.30% |
Stock Price Performance
| 1 Year: | -12.34% |
| 6 Months: | +1.08% |
| 3 Months: | -0.88% |
| 1 Month: | +4.32% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 242.73 Cr | 275.53 Cr | 321.67 Cr | 369.85 Cr |
| Current Assets | - | 195.55 Cr | 231.77 Cr | 248.35 Cr | 322.92 Cr |
| Cash & Equivalents | - | 38.83 Cr | 49.93 Cr | 69.94 Cr | 61.69 Cr |
| Inventory | - | - | - | - | - |
| Receivables | - | 66.84 Cr | 74.32 Cr | 87.04 Cr | 113.73 Cr |
| Total Liabilities | - | 52.09 Cr | 54.62 Cr | 61.78 Cr | 66.28 Cr |
| Current Liabilities | - | 46.35 Cr | 49.81 Cr | 53.01 Cr | 57.33 Cr |
| Long Term Debt | - | - | - | - | - |
| Total Debt | - | 5.63 Cr | 2.21 Cr | 7.44 Cr | 3.88 Cr |
| Total Equity | - | 190.64 Cr | 220.91 Cr | 259.89 Cr | 303.57 Cr |
| Shares Outstanding | - | 3.22 Cr | 3.17 Cr | 3.19 Cr | 3.20 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 12.72 Cr | 22.48 Cr | 24.13 Cr | 26.03 Cr |
| Investing Cash Flow | - | -10.40 Cr | -12.73 Cr | -7.43 Cr | -37.33 Cr |
| Financing Cash Flow | - | -14.73 Cr | -1.85 Cr | 1.47 Cr | -6.79 Cr |
| Capital Expenditure | - | -1.36 Cr | -1.46 Cr | -81.00 L | -51.00 L |
| Free Cash Flow | - | 11.36 Cr | 21.02 Cr | 23.32 Cr | 25.52 Cr |
| Net Change in Cash | - | -12.41 Cr | 7.90 Cr | 18.17 Cr | -18.09 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 18.5% | 19.4% | 20.4% | 17.1% |
| Operating Margin % | - | 6.8% | 7.5% | 7.2% | 8.2% |
| Net Margin % | - | 6.2% | 7.1% | 6.8% | 7.7% |
| ROE % | - | 10.9% | 12.4% | 11.0% | 10.4% |
| ROCE % | - | 11.6% | 12.8% | 11.4% | 10.7% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for MINDTECK