Mindteck (India) Limited MINDTECK NSETECHAI
Company Overview
Mindteck (India) Limited provides engineering and information technology service 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 and post-operative heart health monitoring, web/cloud-based patient monitoring platform, cloud-integrated AED solution, diagnostic platform development, end-to-end legacy quality system migration, and cybersecurity and penetration testing. It also provides analytical instruments, including business intelligence for laboratory instruments, informatics platform for lab automation, and instrumentation control systems; 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 IT infrastructure services, such as data center, network, security, and desktop management; and vulnerability assessment and penetration testing. It serves start-ups, top-tier universities, government institutions, and other companies. 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 operates as a subsidiary of Embtech Holdings Limited.
Why Investors Should Care
Net profit has compounded at 14.9% per year over the last five years.
Trades at a P/E of 13.7, below the sector median of 24.3.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹407.30 Cr (-4.0% YoY); net profit ₹31.52 Cr.
- Trailing 12 Months Year-on-year growth — revenue +2.7%, earnings -4.4%.
- 5-Year Trend Long-term compounding — revenue CAGR 6.5%, profit CAGR 14.9%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 6.55% |
| 1 Year: | 2.70% |
Compounded Profit Growth
| 5 Years: | 14.92% |
| 1 Year: | -4.40% |
Stock Price Performance
| 1 Year: | -25.04% |
| 6 Months: | -36.28% |
| 3 Months: | -31.26% |
| 1 Month: | -15.56% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)33.19 · Neutral
P/E of 13.71 is below the sector median of 24.31 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
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 Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Profit CAGR of 14.9% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 54.7% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
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 NSETECHAI | 133.37 | 13.71 | ₹426.17 Cr | 0.74% | 12.81% | 10.38% | 6.55% | 14.92% |
| 2 | TCS Tata Consultancy Services Limited NIFTY50NSEAITECH | 2,506.90 | 17.57 | ₹9.07 L Cr | 3.12% | 54.93% | 47.74% | 5.80% | 5.30% |
| 3 | INFY Infosys Limited NIFTY50NSEAITECH | 1,153.35 | 15.31 | ₹4.67 L Cr | 5.02% | 41.66% | 32.00% | 3.44% | 3.58% |
| 4 | HCLTECH HCL Technologies Limited NIFTY50NSEAITECH | 1,421.70 | 22.12 | ₹3.85 L Cr | 5.10% | 27.21% | 24.07% | 8.65% | 3.87% |
| 5 | WIPRO Wipro Limited NIFTY50NSEAITECH | 190.41 | 15.12 | ₹1.88 L Cr | 5.01% | 17.85% | 16.13% | 0.78% | 5.16% |
| 6 | TECHM Tech Mahindra Limited NIFTY50NSEAITECH | 1,814.10 | 31.36 | ₹1.61 L Cr | 3.42% | 19.82% | 16.24% | 2.16% | -0.14% |
| 7 | LTM LTM Limited NSETECH | 4,249.00 | 24.10 | ₹1.26 L Cr | 1.92% | 25.39% | 21.97% | 8.43% | 4.41% |
| 8 | LGEINDIA LG Electronics India Limited NIFTY_MIDNSETECH | 1,651.20 | 61.41 | ₹1.12 L Cr | 0.00% | 27.64% | 21.98% | 1.25% | - |
| 9 | PAYTM One97 Communications Limited NIFTY_MIDNSEAITECH | 1,661.40 | 166.47 | ₹1.06 L Cr | 0.00% | 3.68% | 3.45% | 2.20% | 43.71% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 89.00 Cr | 93.00 Cr | 98.00 Cr | 96.00 Cr | 98.00 Cr | 108.00 Cr | 108.00 Cr | - | 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 | 82.00 Cr | 86.00 Cr | 90.00 Cr | 87.00 Cr | 90.00 Cr | 99.00 Cr | 100.00 Cr | - | 13.09 Cr | 10.38 Cr | 10.13 Cr | 8.04 Cr | 7.90 Cr |
| Operating Income | 6.00 Cr | 7.00 Cr | 8.00 Cr | 8.00 Cr | 7.00 Cr | 8.00 Cr | 8.00 Cr | - | 7.40 Cr | 8.45 Cr | 6.06 Cr | 9.31 Cr | 9.55 Cr |
| EBITDA | 7.00 Cr | 8.00 Cr | 9.00 Cr | 9.00 Cr | 8.00 Cr | 9.00 Cr | 9.00 Cr | - | 10.57 Cr | 12.27 Cr | 11.23 Cr | 7.37 Cr | 13.74 Cr |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 36.00 L | 34.00 L | 29.00 L | 25.00 L | 20.00 L |
| Pretax Income | 7.00 Cr | 8.00 Cr | 9.00 Cr | 9.00 Cr | 8.00 Cr | 8.00 Cr | 9.00 Cr | - | 9.04 Cr | 10.76 Cr | 9.79 Cr | 5.98 Cr | 12.43 Cr |
| Tax Provision | 1.26 Cr | 1.68 Cr | 1.62 Cr | 1.62 Cr | 1.44 Cr | 1.52 Cr | 1.44 Cr | - | 2.24 Cr | 2.01 Cr | 2.23 Cr | 93.00 L | 2.27 Cr |
| Net Income | 5.00 Cr | 6.00 Cr | 7.00 Cr | 7.00 Cr | 6.00 Cr | 6.00 Cr | 8.00 Cr | - | 6.80 Cr | 8.75 Cr | 7.56 Cr | 5.05 Cr | 10.16 Cr |
| Diluted EPS | 1.71 | 1.97 | 2.34 | 2.28 | 2.04 | 2.01 | 2.38 | - | 2.13 | 2.73 | 2.36 | 1.58 | 3.18 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 319.00 Cr | 312.00 Cr | 342.00 Cr | 297.00 Cr | 299.00 Cr | 276.00 Cr | 287.00 Cr | - | 336.73 Cr | 385.53 Cr | 424.42 Cr | 407.30 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 274.40 Cr | 310.77 Cr | 324.40 Cr | 322.73 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 62.33 Cr | 74.76 Cr | 100.02 Cr | 84.57 Cr |
| Operating Expenses | 290.00 Cr | 291.00 Cr | 331.00 Cr | 296.00 Cr | 295.00 Cr | 272.00 Cr | 267.00 Cr | - | 39.49 Cr | 45.84 Cr | 68.85 Cr | 50.95 Cr |
| Operating Income | 27.00 Cr | 19.00 Cr | 9.00 Cr | 0 | 2.00 Cr | -3.00 Cr | 14.00 Cr | - | 22.84 Cr | 28.92 Cr | 31.17 Cr | 33.62 Cr |
| EBITDA | 29.00 Cr | 21.00 Cr | 11.00 Cr | 1.00 Cr | 4.00 Cr | 4.00 Cr | 20.00 Cr | - | 31.52 Cr | 38.90 Cr | 41.07 Cr | 44.61 Cr |
| Interest Expense | 0 | 0 | 0 | 1.00 Cr | 1.00 Cr | 2.00 Cr | 2.00 Cr | - | 1.01 Cr | 89.00 L | 1.10 Cr | 1.08 Cr |
| Pretax Income | 28.00 Cr | 21.00 Cr | 11.00 Cr | -0 | 4.00 Cr | -64.00 Cr | 16.00 Cr | - | 25.98 Cr | 33.53 Cr | 35.29 Cr | 38.96 Cr |
| Tax Provision | 8.68 Cr | -5.25 Cr | 2.09 Cr | -0 | 1.48 Cr | -64.00 L | 5.28 Cr | - | 5.21 Cr | 6.22 Cr | 6.61 Cr | 7.44 Cr |
| Net Income | 19.00 Cr | 26.00 Cr | 9.00 Cr | -6.00 Cr | 3.00 Cr | -65.00 Cr | 11.00 Cr | - | 20.77 Cr | 27.31 Cr | 28.68 Cr | 31.52 Cr |
| Diluted EPS | 6.13 | 8.23 | 2.93 | -1.77 | 0.86 | -20.25 | 3.39 | - | 6.46 | 8.55 | 8.98 | 9.85 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 219.00 Cr | 231.00 Cr | 240.00 Cr | 236.00 Cr | 239.00 Cr | 184.00 Cr | 207.00 Cr | - | 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 | 61.41 Cr |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | 66.84 Cr | 74.32 Cr | 87.04 Cr | 95.06 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 | 0 | 0 | 1.00 Cr | 0 | 0 | 13.00 Cr | 26.00 Cr | - | 5.63 Cr | 2.21 Cr | 7.44 Cr | 3.88 Cr |
| Total Equity | 164.00 Cr | 190.00 Cr | 197.00 Cr | 192.00 Cr | 195.00 Cr | 129.00 Cr | 140.00 Cr | - | 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 23.00 Cr | 17.00 Cr | -12.00 Cr | 4.00 Cr | -13.00 Cr | 15.00 Cr | 34.00 Cr | - | 12.72 Cr | 22.48 Cr | 24.13 Cr | 26.03 Cr |
| Investing Cash Flow | -1.00 Cr | 1.00 Cr | 1.00 Cr | -12.00 Cr | -2.00 Cr | 13.00 Cr | -25.00 Cr | - | -10.40 Cr | -12.73 Cr | -7.43 Cr | -37.33 Cr |
| Financing Cash Flow | -3.00 Cr | -2.00 Cr | -1.00 Cr | -3.00 Cr | -3.00 Cr | -9.00 Cr | 13.00 Cr | - | -14.73 Cr | -1.85 Cr | 1.47 Cr | -6.79 Cr |
| Capital Expenditure | -2.00 Cr | 0 | -1.00 Cr | -3.00 Cr | -1.00 Cr | -2.00 Cr | -1.00 Cr | - | -1.36 Cr | -1.46 Cr | -81.00 L | -51.00 L |
| Free Cash Flow | 21.00 Cr | 17.00 Cr | -13.00 Cr | 1.00 Cr | -14.00 Cr | 13.00 Cr | 33.00 Cr | - | 11.36 Cr | 21.02 Cr | 23.32 Cr | 25.52 Cr |
| Net Change in Cash | 19.00 Cr | 16.00 Cr | -11.00 Cr | -11.00 Cr | -18.00 Cr | 19.00 Cr | 22.00 Cr | - | -12.41 Cr | 7.90 Cr | 18.17 Cr | -18.09 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 18.5% | 19.4% | 23.6% | 20.8% |
| Operating Margin % | 8.5% | 6.1% | 2.6% | 0.0% | 0.7% | -1.1% | 4.9% | - | 6.8% | 7.5% | 7.3% | 8.3% |
| Net Margin % | 6.0% | 8.3% | 2.6% | -2.0% | 1.0% | -23.6% | 3.8% | - | 6.2% | 7.1% | 6.8% | 7.7% |
| ROE % | 11.6% | 13.7% | 4.6% | -3.1% | 1.5% | -50.4% | 7.9% | - | 10.9% | 12.4% | 11.0% | 10.4% |
| ROCE % | - | - | - | - | - | - | - | - | 11.6% | 12.8% | 11.6% | 10.8% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for MINDTECK
Mindteck (India) Ltd Falls to 52-Week Low of Rs 133.95 as Sell-Off Deepens - MarketsMojo
<a href="https://news.google.com/rss/articles/CBMivwFBVV95cUxNZmN4Z2RZTDN2bWJmNk9FQ3VIUjhhTmszcUl4dFZ2NS1mQVdweU1uLWZqcjJPWGxidjBPZFFXbThOeWVaOWhiVm5NV2lsWVZGLURGc3Z5MFpaeUZSY1VNQkxrM3hvbnBCd19lQ05CZmpRRzR0V1phUmJKckhyUzRaM0tXbG1fem1HU3ZId0…
Mindteck (India) (MINDTECK) Share/Stock Price Live, NSE - TechGraph
<a href="https://news.google.com/rss/articles/CBMiYkFVX3lxTE5PRDF6cUkyQ29xMWxhYjNoc2ZFV2FOTDljNlgzTXF6M1FjM05kd1c0TkczMTM1RGxZWGpDUU83RjJqX19ZZFlUUDRNZ1hOM2hCeGhZanhoMFUtRHhfT2VqSTh3?oc=5" target="_blank">Mindteck (India) (MINDTECK) Share/S…
Mindteck (India) Ltd is Rated Sell - MarketsMojo
<a href="https://news.google.com/rss/articles/CBMimgFBVV95cUxObFdNMm1GSndJYVgwcGxPVE9yc0NOTzNvUXp3dU5KeTROTFdOb2JTLUVTY2tqWGt3aFZyQnY3aEttcXg5QlNuejd6NE9ocXF6YldNM1ljZ0NJZThqNEt1azhORDU0cWxJTnpWMV90UVB1N1JHMHVpNDlrcHVTdFFFTFNQN2xXYzNWMmYwem…
Mindteck (India) Limited (MINDTECK.NS) Slips 4.81% to ₹141.78 as Selling Pressure Hits Small-Cap IT - Daily Profile - https://www.siam.in/
<a href="https://news.google.com/rss/articles/CBMizAFBVV95cUxQV3NjMlJHT2VINTRPY1RXU1RnMkd5M0dReHR0T2pUYVM1dW4yc3dPYnlYVHJEUDk5VjVJS0NoX1BnY0gyUTdXajNKRmNodlVMYVpwRVlEQXc4bE1DbXI5TXlWaGlSMk1paGJpZHp5QXo4NGt5SEFPMmZSSld2YzRBeXFjbU1NZmxYZ0ZESU…
Mindteck accepts resignation of SVP Sales Keshava Prasad L effective Oct 30 - scanx.trade
<a href="https://news.google.com/rss/articles/CBMiwgFBVV95cUxQN1lwWktacUo0aEI4ekd1ekU5VjJaWHItMXM2VEQ3dW9ERElFeXZCOVhHZWNSQnJVYkFsc1ZmeWM0V3dVQ3M1Q2xZeHpmTzJObUVMbjFFRHJnR1VFT19Ja1h3ekc2VU9yLXFKSnAyb2hIZjEzS2RxSUR2TzNSdWpvRUswUHZhQjRLQUpsRk…
Mindteck (India) Limited (NSE:MINDTECK) Passed Our Checks, And It's About To Pay A ₹1.00 Dividend - Simply Wall Street
<a href="https://news.google.com/rss/articles/CBMi2wFBVV95cUxOZkRycUdsQk04Q2JFNEp2VE5LdFFKZ0dBbGRTUkMtVkU5cTBkc1NFa0xJTkRUQXlrZVZXTHFzaWZ6ckpvXzhRX2xzb09mRTZGSTRoTHd3aElDUEZBckp0cG1tU0hHTVNBT1FBYzk4N1lNcy1ZZ0tybGNoRmp5UUpEM3VGUHFXMFAzM3ZOSz…
MINDTECK — Frequently Asked Questions
What is the current share price of Mindteck (India) Limited (MINDTECK)?
As of 2026-10-24 04:55 IST, Mindteck (India) Limited (MINDTECK) trades at ₹133.37 on NSE. Its 52-week range is ₹133.37 to ₹294.67.
What is the market capitalisation of MINDTECK?
Mindteck (India) Limited (MINDTECK) has a market capitalisation of ₹426.17 Cr on NSE.
What is the P/E ratio of MINDTECK?
MINDTECK trades at a trailing price-to-earnings (P/E) ratio of 13.71. The industry average P/E is 24.31. Its price-to-book (P/B) ratio is 1.47.
Does MINDTECK pay a dividend?
Mindteck (India) Limited (MINDTECK) currently offers a dividend yield of 0.74%.
What is the return on equity (ROE) of MINDTECK?
MINDTECK has a return on equity (ROE) of 10.38%. Its return on capital employed (ROCE) is 12.81%.
Is MINDTECK a good stock to buy?
This page provides a data-driven analysis of Mindteck (India) Limited (MINDTECK), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.