Mindteck (India) Limited
NSE: MINDTECK · Computers - Software & Consulting · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 80 companies in Computers - Software & Consulting (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹192 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 40.4x in the last 12 months.
- Operating cash flow was below net profit in 5 of the last 5 years (FY26, FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- Other income was 33% of net profit in the last 12 months.
- Debtor days went from 88 (FY24) to 102 (FY26).
- Dividend paid in 4 of the last 5 financial years.
- Price ₹134.24 on 2026-10-26: -55.1% from the 52-week high, +1.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 108 | 104 | 104 | 101 | 102 | 100 | 104 | 104 |
| EBITDA | 9 | 9 | 9 | 10 | 9 | 5 | 11 | 8 |
| OPM % | 7.9% | 8.7% | 8.2% | 9.5% | 9.0% | 5.1% | 10.3% | 7.8% |
| Other income | 2 | 2 | 2 | 3 | 2 | 2 | 3 | 3 |
| Net profit | 8 | 8 | 7 | 9 | 8 | 5 | 10 | 8 |
| EPS (₹) | 2.38 | 2.49 | 2.13 | 2.74 | 2.36 | 1.58 | 3.18 | 2.62 |
| Revenue YoY | -6.1% | -3.4% | -0.1% | +2.7% | ||||
| Profit YoY | -0.1% | -36.3% | +49.4% | -4.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 299 | 337 | 386 | 424 | 407 | 410 |
| EBITDA | 39 | 27 | 32 | 34 | 35 | 33 |
| Net profit | 33 | 21 | 27 | 29 | 32 | 31 |
| EPS (₹) | 10.55 | 6.61 | 8.78 | 9.02 | 9.86 | 9.74 |
| Revenue growth | +12.7% | +14.5% | +10.1% | -4.0% | -1.8% | |
| Profit growth | -37.6% | +31.5% | +5.0% | +9.9% | +0.3% | |
| Dividend / share (₹) | – | 1.00 | 1.00 | 1.00 | 1.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +6.5% | +7.3% | -1.8% |
| Net profit | +14.9% | +23.8% | +0.3% |
| EPS | +14.3% | +23.4% | – |
| Share price | – | -28.5% (2y) | -55.0% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 191 | 221 | 260 | 304 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 100 | 125 | 134 | 192 |
| Total assets | – | 243 | 276 | 322 | 370 |
| Fixed assets | – | 2 | 2 | 2 | 1 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 86 | 93 | 101 | 114 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 16 | 16 | 18 | 20 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 22 | 13 | 22 | 24 | 26 |
| Cash from investing | -20 | -10 | -13 | -7 | -37 |
| Cash from financing | -3 | -15 | -2 | 1 | -7 |
| Capex | 1 | 1 | 1 | 1 | 1 |
| Free cash flow | 21 | 11 | 21 | 23 | 26 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 10.9% | 12.4% | 11.0% | 10.4% |
| ROCE % | – | 14.2% | 15.6% | 14.0% | 13.2% |
| Debtor days | – | 93 | 88 | 87 | 102 |
| Inventory days | – | 0 | 0 | 0 | 0 |
| Payable days | – | 17 | 16 | 15 | 18 |
| Cash conversion cycle (days) | – | 76 | 72 | 72 | 84 |
| Working capital days | – | 162 | 172 | 168 | 238 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 64.20% |
| FIIs | 0.07% |
| DIIs | 0.00% |
| of which Mutual funds | 0.00% |
| Public (non-institutions) | 35.73% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 64.49% | 64.36% | 64.20% | 64.20% | 64.20% | 64.20% | 64.20% | 64.20% |
| Promoter group | % |
|---|---|
| Embtech Holdings Limited | 64.20% |
| Public holders above 1% | % |
|---|---|
| First Asian Investments SA, LLC | 5.44% |
| Banco Efisa SA | 3.14% |
| Mindteck Investors Trust ( Sujatha T K ) | 2.91% |
31,391 shareholders. Pledged: – of promoter shares.
Peers in Computers - Software & Consulting
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TCS | ₹9,17,670 cr | 17.8x | 7.7x | 45.8% | 59.1% | 25.0% | +5.8% | 4.31% |
| INFY | ₹4,72,230 cr | 15.7x | 5.1x | 32.1% | 44.9% | 23.0% | +6.8% | 3.95% |
| HCLTECH | ₹3,84,716 cr | 20.9x | 5.0x | 24.9% | 31.9% | 19.9% | +8.7% | 3.80% |
| WIPRO | ₹1,87,403 cr | 14.8x | 2.4x | 16.0% | 19.6% | 19.3% | +0.8% | 6.18% |
| TECHM | ₹1,59,037 cr | 28.8x | 5.4x | 16.1% | 25.2% | 16.8% | +2.2% | 2.53% |
| LTM | ₹1,20,617 cr | 23.1x | 4.7x | 21.2% | 28.2% | 16.7% | +8.4% | 1.66% |
| PERSISTENT | ₹92,284 cr | 50.8x | 10.7x | 22.9% | 28.2% | 16.3% | +20.9% | 0.63% |
| COFORGE | ₹66,873 cr | 40.5x | 7.0x | 21.6% | 24.9% | 17.3% | +27.0% | 0.81% |
| MPHASIS | ₹48,819 cr | 25.5x | 4.5x | 18.8% | 22.3% | 18.4% | +4.8% | 2.23% |
| MINDTECK | ₹429 cr | 13.8x | 1.4x | 11.1% | 12.8% | 8.1% | +6.5% | 0.73% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-06 | Dividend | Dividend - Re 1 Per Share |
| 2025-08-01 | Dividend | Dividend - Re 1 Per Share |
| 2024-09-20 | Bonus | Bonus 1:4 |
| 2024-08-02 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2023-08-04 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2022-08-04 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2021-07-29 | Other | Annual General Meeting |
| 2020-07-30 | Other | Annual General Meeting |
| 2019-08-06 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2018-09-12 | Dividend | Annual General Meeting/Dividend Re 1 Per Share |
| 2017-08-03 | Dividend | Annua General Meeting/Dividend-Re 1/- Per Share |
| 2016-08-03 | Dividend | Annual General Meeting/ Dividend -Re 1/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Information Technology |
| Industry | Computers - Software & Consulting |
| Sub-industry | Computers - Software & Consulting |
| Symbol | MINDTECK |
| BSE code | 517344 |
| ISIN | INE110B01017 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.