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Mindteck (India) Limited

Mindteck (India) Limited

MINDTECK.BO
Mindteck (India) LimitedIN flagBombay Stock Exchange
207.20
INR
-3.80
- -
6.59BMarket Cap
Mindteck (India) Limited
MINDTECK.BO
(Bombay Stock Exchange)

Recent

price

207.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
79.14
72.99
86.33
107.26
103.77
101
110.06
94.91
95.03
87.64
91
94.65
107.09
123.9
133.48
127.41
127.4
Revenue per Share
3
-1.66
0.35
6.07
6.24
8.4
2.99
-1.81
0.87
-20.57
3.45
10.55
6.61
8.78
9.02
9.86
9.86
Basic EPS, GAAP
0.96
2.89
-2.21
3.79
6.84
5.37
-4.06
0.44
-4.43
4.05
10.5
6.5
3.61
6.76
7.33
7.98
- -
Free Cash Flow per Basic Share
0.09
- -
- -
0.01
0.94
0.96
0.94
0.95
0.99
0.99
0.01
- -
0.8
0.79
0.78
0.97
- -
Dividend per Share
11.8
10.15
10.48
15.6
20.82
23.97
25.95
23.1
23.06
1.64
5.15
15.83
20.77
29.13
38.73
9.99
9.99
Book Value per Share
13.38
12.64
13.03
19.18
24.51
33.41
34.87
31.41
31.21
29.73
35.4
46.66
51.67
61.93
72.87
86.07
86.07
Tangible Book Value per Share
30
31
31
31
31
31
31
31
32
32
32
32
31
31
32
32
32
Basic Weighted Avg Shares
2,409
2,226
2,643
3,288
3,191
3,116
3,417
2,968
2,994
2,761
2,867
2,988
3,367
3,855
4,244
4,073
4,073
Sales/Revenue/Turnover
2.88
-1.52
0.97
8.54
8.79
6.18
2.78
0.57
1.25
-1.4
4.76
5.44
6.78
7.5
7.21
8.19
8.19
Operating Margin (%)
24
17
11
9
20
18
17
13
19
70
64
50
45
45
47
46
46
Depreciation Expense
91
-51
11
186
192
259
93
-56
27
-648
109
333
208
273
287
315
315
Net Income, GAAP
19.67
- -
57.96
34.76
30.98
- -
19.15
- -
37.16
- -
32.67
12.53
20.05
18.55
18.73
19.1
19.1
Effective Tax Rate (%)
3.8
-2.27
0.4
5.66
6.01
8.32
2.72
-1.9
0.92
-23.47
3.79
11.15
6.17
7.08
6.76
7.74
7.74
Profit Margin (%)
288
290
300
440
615
900
937
860
888
764
961
1,139
1,492
1,820
1,953
2,656
2,656
Working Capital
3
- -
5
- -
- -
- -
- -
- -
- -
79
35
47
22
- -
36
- -
- -
LT Debt
1,282
1,264
1,280
1,471
1,635
1,913
1,965
1,918
1,954
1,296
1,398
1,755
1,906
2,209
2,599
3,036
3,036
Total Equity
4.48
- -
0.85
13.24
12.47
- -
3.94
- -
1.22
- -
5.98
8.17
9.67
11.24
10.09
9.36
9.36
Return on Invested Capital (%)
27.96
- -
3.28
46
34.38
- -
11.95
- -
4.65
- -
39.79
68.18
33.51
34.23
26.47
38.93
38.93
Return on Capital (%)
29.18
-15.13
3.36
46.6
34.33
37.58
12.02
-7.4
3.78
-166.52
101.5
100.63
36.03
35.02
26.83
40.64
40.64
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
39
- -
39
LT Borrowings
- -
- -
- -
LT Finance Leases
18
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32
- -
32
Market Capitalization
7,348
6,549
4,688

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
2,800
- -
3,229
Cash, Cash Equivalents & STI
1,641
- -
1,990
Accounts Receivable, Net
1,061
- -
1,137
Inventories
- -
- -
- -
Total Current Liabilities
518
- -
573
Payables & Accruals
- -
- -
- -
ST Debt
39
- -
39
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.09%
16.89%
16.81%
Free Cash Flow
-140.05%
4.56%
9.43%
Net Income, GAAP
-273.98%
43.1%
9.9%
Sales/Revenue/Turnover
3.09%
7.49%
-4.03%
Total Cash Common Dividend
- -
4,991.43%
25%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
934
345
958
979
3,855
2025
1,082
1,082
1,040
1,040
4,244
2026
1,013
1,016
1,005
1,039
4,073

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.01
1.31
2.31
- -
8.78
2025
2.03
2.38
2.49
2.13
9.02
2026
2.74
2.36
1.58
3.18
9.86

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.79
2025
- -
- -
- -
- -
0.78
2026
- -
- -
- -
- -
0.97
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Business
Mindteck (India) Limited provides engineering and information technology services, specializing in product engineering, embedded systems design, enterprise applications, testing, optimization, and professional services to Fortune 1000 companies, startups, universities, government entities, and industries including medical devices and healthcare, life sciences and analytical instruments, semiconductors, data storage, manufacturing, energy and utilities, consumer electronics, and security. The company offers embedded design systems and Internet of Things solutions such as next-generation remote patient monitoring devices, post-operative heart health monitoring, cloud-integrated automated external defibrillators, wearable health monitors, remote medical diagnostics, soil condition monitoring, asset tracking, connected vehicles, smart buildings, predictive maintenance, and edge computing; analytical instruments including business intelligence platforms for lab automation, remote scientific data review systems, and informatics for laboratory management; semiconductor solutions encompassing common cluster tool controllers, enterprise data management platforms, wafer defect classification using deep learning, and LLM-based risk assessment; data storage services like data migration tools, full-stack development, and cloud storage testing; application software for product lifecycle management, digital transformation, renewable energy, cybersecurity, penetration testing, and AI/ML tools such as auto-script generators, review analyzers, and test case generators; electronic design for lighting control interfaces, DMX/DALI protocols, and voltage/temperature data acquisition; and enterprise business services including infrastructure management, data center operations, network security, and desktop support. Founded in 1991 and headquartered in Bengaluru, India, with development centers in Bengaluru and Kolkata, Mindteck operates globally across the United States (California, New Jersey, Missouri, Florida, Pennsylvania), Canada (Ontario), Europe (United Kingdom, Germany), APAC (Singapore, Malaysia, Philippines), Middle East (Bahrain), and India (Mumbai), maintaining six wholly owned subsidiaries including Mindteck, Inc. in the United States and Mindteck Middle East Limited WLL in Bahrain as of March 31, 2025; the company is a subsidiary of Embtech Holdings Limited, holds CMMI Level 5, ISO 9001:2015, ISO 13485:2016, and ISO 27001 certifications, and maintains strategic partnerships with Intel Partner Alliance, Microsoft Gold Application Development, SNIA, CMMI Institute, IoT Global Network, and Harvard University's Center for International Development as a founding contributor to The Atlas of Economic Complexity. Recent developments include leading firmware upgrades and feature enhancements for next-generation remote patient monitoring devices spanning the full product lifecycle, developing advanced business intelligence tools for global scientific instrument companies enabling real-time lab insights and asset optimization, advancing AI initiatives with tools like auto-report generators and data analytics solutions, issuing bonus shares following strong Q1 performance, reporting consolidated revenue of Rs. 202.93 crore and profit of Rs. 16.31 crore for the six months ended September 30, 2025 reflecting 16.9% profit growth year-over-year, and appointing a new managing director in Q1 2025-26.