Mindteck (India) Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Efficient capital deployment (ROCE 15.1%)
- ✓Attractively valued vs sector (P/E 19x vs industry 41x)
- ✓Virtually debt-free
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| TCS Tata Consultancy Services Limited | ₹2,207 | ₹8.2L Cr | 15.3 | 7.46 | 51.8 | 63 | 0.11 |
| INFY Infosys Limited | ₹1,052 | ₹4.4L Cr | 14.8 | 4.59 | 31.9 | 40 | 0.1 |
| HCLTECH HCL Technologies Limited | ₹1,237 | ₹3.3L Cr | 18 | 4.47 | 24 | 30.6 | 0.07 |
| WIPRO Wipro Limited | ₹174 | ₹1.7L Cr | 13.2 | 2.08 | 15.5 | 17.8 | 0.23 |
| TECHM Tech Mahindra Limited | ₹1,558 | ₹1.5L Cr | 29 | 5.16 | 17.5 | 23.1 | 0.07 |
| LTM LTM Limited | ₹3,973 | ₹1.2L Cr | 21.6 | 4.9 | 23.1 | 29.6 | 0.1 |
| OFSS Oracle Financial Services Software Limited | ₹10,777 | ₹1.0L Cr | 38.8 | 11.99 | 32.6 | 45.3 | 0 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MINDTECK · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 64.91% | 64.83% | 64.61% | 64.49% | 64.49% | 64.36% |
| FII | 0.20% | 0.33% | 0.22% | 0.04% | 0.02% | 0.18% |
| DII | — | — | 0.02% | — | — | — |
| Public | 33.23% | 33.92% | 35.15% | 35.47% | 35.49% | 35.46% |
| Others | 1.64% | 0.92% | — | — | — | — |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
Dividend - Re 1 Per Share
Bonus 1:4
Annual General Meeting/Dividend - Re 1 Per Share
Annual General Meeting/Dividend - Re 1 Per Share
Latest News
All news →Mindteck informs NSE of share re-lodgment notice
*Mindteck informs NSE of share re-lodgment notice.* The company has published a notice in the newspaper regarding a special window for re-lodgment of shares. This is part of routine corporate compliance for shareholder revalidation. No financial impact is expected from this disclosure. 📊 *STOCKS:* MINDTECK | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Re-lodgment
Mindteck issues corrigendum to postal ballot notice
*Mindteck issues corrigendum to postal ballot notice* \nThe company has released a corrigendum to its postal ballot notice dated June 09, 2026, as part of a shareholder communication. \nThe update is a compliance filing under SEBI (Listing) Regulations, 2015, Regulation 30. \nNo material business changes or financial figures were disclosed. \n📊 *STOCKS:* MINDTECK | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CorporateUpdate
Mindteck shares transferred to IEPF Authority
*Mindteck shares transferred to IEPF Authority* — Mindteck (India) Ltd has informed the NSE about the transfer of unclaimed or inactive shares to the Investor Education and Protection Fund (IEPF) Authority. This follows regulatory norms for dormant accounts after **7 consecutive years** of inactivity. Shareholders must claim within a stipulated period to avoid permanent forfeiture.\n\n📊 *STOCKS:* MINDTECK | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #IEPF
Mindteck publishes newspaper notice as per regulatory norms
*Mindteck publishes newspaper notice as per regulatory norms*. The company has submitted a copy of newspaper publication to the exchange as part of mandatory disclosure requirements. This is a routine compliance activity with no immediate financial implications. Such filings are standard for listed entities under SEBI regulations. 📊 *STOCKS:* MINDTECK | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #RegulatoryFiling
Mindteck's earnings appear conservative despite healthy numbers
*Mindteck's earnings appear conservative despite healthy numbers.* Analysts suggest reported earnings may understate true profitability. Margins and revenue growth at **12%** and **8%** respectively indicate underlying strength. Conservative accounting could mean upside in future revisions. 📊 *STOCKS:* MINDTECK | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #Earnings
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹100 Cr ▼2.0% | ₹102 Cr ▲1.0% | ₹101 Cr ▼2.9% | ₹104 Cr ▲0.0% | ₹104 Cr ▼3.7% | ₹108 Cr ▲0.0% | ₹108 Cr ▲10.3% | ₹97.9 Cr |
| Op. Profit | ₹10 Cr ▲42.9% | ₹7 Cr ▼30.0% | ₹10 Cr ▲11.1% | ₹9 Cr ▲0.0% | ₹9 Cr ▲0.0% | ₹9 Cr ▲0.0% | ₹9 Cr ▲19.5% | ₹7.53 Cr |
| OPM | 10.0% ▲42.9% | 7.0% ▼30.0% | 10.0% ▲25.0% | 8.0% ▼11.1% | 9.0% ▲12.5% | 8.0% ▲0.0% | 8.0% ▲4.0% | 7.7% |
| Net Profit | ₹5 Cr ▼37.5% | ₹8 Cr ▼11.1% | ₹9 Cr ▲28.6% | ₹7 Cr ▼12.5% | ₹8 Cr ▲0.0% | ₹8 Cr ▲33.3% | ₹6 Cr ▼7.4% | ₹6.48 Cr |
| EPS (₹) | 1.58 ▼33.3% | 2.37 ▼13.5% | 2.74 ▲28.6% | 2.13 ▼14.5% | 2.49 ▲4.6% | 2.38 ▲18.4% | 2.01 ▼1.5% | 2.04 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹407 Cr ▼4.0% | ₹424 Cr ▲9.8% | ₹386 Cr ▲14.5% | ₹337 Cr ▲12.7% | ₹299 Cr ▲4.2% | ₹287 Cr ▲4.0% | ₹276 Cr ▼7.7% | ₹299 Cr ▲0.7% | ₹297 Cr ▼13.2% | ₹342 Cr |
| Expenses | ₹369 Cr ▼5.1% | ₹389 Cr ▲10.2% | ₹353 Cr ▲13.9% | ₹310 Cr ▲11.5% | ₹278 Cr ▲4.1% | ₹267 Cr ▼1.8% | ₹272 Cr ▼7.8% | ₹295 Cr ▼0.3% | ₹296 Cr ▼10.6% | ₹331 Cr |
| Op. Profit | ₹38 Cr ▲8.6% | ₹35 Cr ▲9.4% | ₹32 Cr ▲18.5% | ₹27 Cr ▲28.6% | ₹21 Cr ▲5.0% | ₹20 Cr ▲400.0% | ₹4 Cr ▲0.0% | ₹4 Cr ▲300.0% | ₹1 Cr ▼90.9% | ₹11 Cr |
| OPM | 9.0% ▲12.5% | 8.0% ▲0.0% | 8.0% ▲0.0% | 8.0% ▲14.3% | 7.0% ▲0.0% | 7.0% ▲250.0% | 2.0% ▲100.0% | 1.0% | 0.0% ▼100.0% | 3.0% |
| Other Income | ₹7 Cr ▲16.7% | ₹6 Cr ▲0.0% | ₹6 Cr ▲50.0% | ₹4 Cr ▼82.6% | ₹23 Cr ▲360.0% | ₹5 Cr ▲108.5% | ₹-59 Cr ▼2066.7% | ₹3 Cr | ₹0 Cr ▼100.0% | ₹3 Cr |
| Interest | ₹1 Cr ▲0.0% | ₹1 Cr ▲0.0% | ₹1 Cr ▲0.0% | ₹1 Cr ▲0.0% | ₹1 Cr ▼50.0% | ₹2 Cr ▲0.0% | ₹2 Cr ▲100.0% | ₹1 Cr ▲0.0% | ₹1 Cr | ₹0 Cr |
| Depreciation | ₹5 Cr ▲0.0% | ₹5 Cr ▲25.0% | ₹4 Cr ▼20.0% | ₹5 Cr ▲0.0% | ₹5 Cr ▼16.7% | ₹6 Cr ▼14.3% | ₹7 Cr ▲250.0% | ₹2 Cr ▲100.0% | ₹1 Cr ▼50.0% | ₹2 Cr |
| PBT | ₹39 Cr ▲11.4% | ₹35 Cr ▲2.9% | ₹34 Cr ▲30.8% | ₹26 Cr ▼31.6% | ₹38 Cr ▲137.5% | ₹16 Cr ▲125.0% | ₹-64 Cr ▼1700.0% | ₹4 Cr | ₹0 Cr ▼100.0% | ₹11 Cr |
| Tax % | 19.0% ▲0.0% | 19.0% ▲0.0% | 19.0% ▼5.0% | 20.0% ▲53.8% | 13.0% ▼60.6% | 33.0% ▲3200.0% | 1.0% ▼97.3% | 37.0% ▼99.2% | 4608.0% ▲24152.6% | 19.0% |
| Net Profit | ₹32 Cr ▲10.3% | ₹29 Cr ▲7.4% | ₹27 Cr ▲28.6% | ₹21 Cr ▼36.4% | ₹33 Cr ▲200.0% | ₹11 Cr ▲116.9% | ₹-65 Cr ▼2266.7% | ₹3 Cr ▲150.0% | ₹-6 Cr ▼166.7% | ₹9 Cr |
| EPS (₹) | 9.86 ▲9.7% | 8.99 ▲4.3% | 8.62 ▲31.2% | 6.57 ▼36.7% | 10.38 ▲206.2% | 3.39 ▲116.7% | -20.25 ▼2454.7% | 0.86 ▲148.6% | -1.77 ▼160.4% | 2.93 |
| Div Payout | 10.0% ▼9.1% | 11.0% ▲22.2% | 9.0% ▼25.0% | 12.0% ▲50.0% | 8.0% | 0.0% | 0.0% ▼100.0% | 92.0% ▲304.4% | -45.0% ▼266.7% | 27.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹32 Cr ▲0.0% | ₹32 Cr ▲28.0% | ₹25 Cr ▲0.0% | ₹25 Cr ▲0.0% | ₹25 Cr ▲0.0% | ₹25 Cr ▲0.0% | ₹25 Cr ▲0.0% | ₹25 Cr ▲0.0% | ₹25 Cr ▲0.0% | ₹25 Cr |
| Reserves | ₹248 Cr ▲8.8% | ₹228 Cr ▲16.3% | ₹196 Cr ▲18.1% | ₹166 Cr ▲10.7% | ₹150 Cr ▲30.4% | ₹115 Cr ▲10.6% | ₹104 Cr ▼38.8% | ₹170 Cr ▲1.8% | ₹167 Cr ▼2.9% | ₹172 Cr |
| Borrowings | ₹6 Cr ▼14.3% | ₹7 Cr ▲250.0% | ₹2 Cr ▼66.7% | ₹6 Cr ▼25.0% | ₹8 Cr ▼69.2% | ₹26 Cr ▲100.0% | ₹13 Cr | ₹0 Cr | ₹0 Cr ▼100.0% | ₹1 Cr |
| Other Liabilities | ₹53 Cr ▼1.9% | ₹54 Cr ▲3.8% | ₹52 Cr ▲13.0% | ₹46 Cr ▲0.0% | ₹46 Cr ▲12.2% | ₹41 Cr ▼2.4% | ₹42 Cr ▼4.5% | ₹44 Cr ▲0.0% | ₹44 Cr ▲2.3% | ₹43 Cr |
| Total Liabilities | ₹339 Cr ▲5.3% | ₹322 Cr ▲16.7% | ₹276 Cr ▲13.6% | ₹243 Cr ▲6.1% | ₹229 Cr ▲10.6% | ₹207 Cr ▲12.5% | ₹184 Cr ▼23.0% | ₹239 Cr ▲1.3% | ₹236 Cr ▼1.7% | ₹240 Cr |
| Assets | ||||||||||
| Fixed Assets | ₹35 Cr ▼7.9% | ₹38 Cr ▲15.2% | ₹33 Cr ▼8.3% | ₹36 Cr ▼5.3% | ₹38 Cr ▲0.0% | ₹38 Cr ▼25.5% | ₹51 Cr ▼49.5% | ₹101 Cr ▲4.1% | ₹97 Cr ▲7.8% | ₹90 Cr |
| CWIP | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr ▼100.0% | ₹14 Cr ▲75.0% | ₹8 Cr | ₹0 Cr |
| Other Assets | ₹304 Cr ▲7.0% | ₹284 Cr ▲16.9% | ₹243 Cr ▲17.4% | ₹207 Cr ▲8.4% | ₹191 Cr ▲13.0% | ₹169 Cr ▲27.1% | ₹133 Cr ▲6.4% | ₹125 Cr ▼3.8% | ₹130 Cr ▼13.3% | ₹150 Cr |
| Total Assets | ₹339 Cr ▲5.3% | ₹322 Cr ▲16.7% | ₹276 Cr ▲13.6% | ₹243 Cr ▲6.1% | ₹229 Cr ▲10.6% | ₹207 Cr ▲12.5% | ₹184 Cr ▼23.0% | ₹239 Cr ▲1.3% | ₹236 Cr ▼1.7% | ₹240 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹24 Cr ▲9.1% | ₹22 Cr ▲69.2% | ₹13 Cr ▼40.9% | ₹22 Cr ▼35.3% | ₹34 Cr ▲126.7% | ₹15 Cr ▲215.4% | ₹-13 Cr ▼425.0% | ₹4 Cr ▲133.3% | ₹-12 Cr ▼170.6% | ₹17 Cr |
| Investing CF | ₹-5 Cr ▲58.3% | ₹-12 Cr ▼71.4% | ₹-7 Cr ▲63.2% | ₹-19 Cr ▲24.0% | ₹-25 Cr ▼292.3% | ₹13 Cr ▲750.0% | ₹-2 Cr ▲83.3% | ₹-12 Cr ▼1300.0% | ₹1 Cr ▲0.0% | ₹1 Cr |
| Financing CF | ₹1 Cr ▲150.0% | ₹-2 Cr ▲86.7% | ₹-15 Cr ▼400.0% | ₹-3 Cr ▼123.1% | ₹13 Cr ▲244.4% | ₹-9 Cr ▼200.0% | ₹-3 Cr ▲0.0% | ₹-3 Cr ▼200.0% | ₹-1 Cr ▲50.0% | ₹-2 Cr |
| Net Cash Flow | ₹20 Cr ▲150.0% | ₹8 Cr ▲188.9% | ₹-9 Cr | ₹0 Cr ▼100.0% | ₹22 Cr ▲15.8% | ₹19 Cr ▲205.6% | ₹-18 Cr ▼63.6% | ₹-11 Cr ▲0.0% | ₹-11 Cr ▼168.8% | ₹16 Cr |
| Free Cash Flow | ₹23 Cr ▲9.5% | ₹21 Cr ▲90.9% | ₹11 Cr ▼47.6% | ₹21 Cr ▼36.4% | ₹33 Cr ▲153.8% | ₹13 Cr ▲192.9% | ₹-14 Cr ▼1500.0% | ₹1 Cr ▲107.7% | ₹-13 Cr ▼176.5% | ₹17 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 87d ▼1.1% | 88d ▼5.4% | 93d ▲4.5% | 89d ▲2.3% | 87d ▲16.0% | 75d ▼12.8% | 86d ▲21.1% | 71d ▼5.3% | 75d ▲10.3% | 68d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 87d ▼1.1% | 88d ▼5.4% | 93d ▲4.5% | 89d ▲2.3% | 87d ▲16.0% | 75d ▼12.8% | 86d ▲21.1% | 71d ▼5.3% | 75d ▲10.3% | 68d |
| Working Capital Days | 53d ▼1.9% | 54d ▲1.9% | 53d ▲17.8% | 45d ▲87.5% | 24d ▼61.3% | 62d ▼21.5% | 79d ▲38.6% | 57d ▼1.7% | 58d ▲26.1% | 46d |
| ROCE | 16.0% ▲0.0% | 16.0% ▲14.3% | 14.0% ▲16.7% | 12.0% ▲0.0% | 12.0% ▲1300.0% | -1.0% ▼133.3% | 3.0% ▲200.0% | 1.0% ▼83.3% | 6.0% ▼50.0% | 12.0% |
Source: Screener.in · Lower days = better efficiency