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    Technology services

  3. •

    Information technology services
Mindteck (India) Limited

Mindteck (India) Limited

133.37
INR
-5.89
(-4.23%)
9.73EPS
20.84P/E
6.49BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
107.26
103.77
101
110.06
94.91
95.03
87.64
91
94.65
107.09
123.9
133.55
127.46
128.3
Basic EPS, GAAP
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
9.74
Free Cash Flow per Basic Share
3.79
6.84
5.37
-4.06
0.44
-4.43
4.05
10.5
6.5
3.61
6.76
7.34
7.99
- -
Dividend per Share
0.01
0.94
0.96
0.94
0.95
0.99
0.99
0.01
- -
0.8
0.79
0.78
0.97
- -
Book Value per Share
47.1
52.2
61.82
61.94
59.87
61.02
40.47
43.67
54.6
60.36
70.35
81.44
95
- -
Tangible Book Value per Share
18.83
24.07
33.31
34.11
30.67
30.7
29.24
34.83
45.83
51.45
61.37
72.61
86.11
- -
Basic Weighted Avg Shares
31
31
31
31
31
32
32
32
32
31
31
32
32
32
Sales/Revenue/Turnover
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
4,101
Operating Margin (%)
8.54
8.79
6.18
2.78
0.57
1.25
-1.4
4.76
5.44
6.78
7.5
7.34
8.25
7.79
Depreciation Expense
9
20
18
17
13
19
70
64
50
45
45
47
46
45
Net Income, GAAP
186
192
259
93
-56
27
-648
109
333
208
273
287
315
311
Effective Tax Rate (%)
34.76
30.98
- -
19.15
- -
37.16
- -
32.67
12.53
20.05
18.55
18.73
19.1
17.69
Profit Margin (%)
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
7.59
Working Capital
440
615
900
937
860
888
764
961
1,139
1,492
1,820
1,953
2,656
- -
LT Debt
- -
- -
- -
- -
- -
- -
79
35
47
22
- -
36
- -
- -
Total Equity
1,471
1,635
1,913
1,965
1,918
1,954
1,296
1,399
1,755
1,906
2,209
2,599
3,036
- -
Return on Invested Capital (%)
13.36
12.33
- -
3.94
- -
0.82
- -
5.94
17.05
9.68
11.04
9.72
8.49
- -
Return on Capital (%)
13.53
12.38
- -
4.78
- -
1.74
- -
7.77
19.54
11.37
13.37
12.06
11.27
- -
Return on Common Equity (%)
13.53
12.36
14.61
4.79
-2.91
1.42
-39.87
8.06
21.13
11.35
13.27
11.93
11.19
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
39
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32
32
32
Market Capitalization
6,524
4,682
6,486

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
3,229
- -
Cash, Cash Equivalents & STI
- -
1,858
- -
Accounts Receivable, Net
- -
951
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
573
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
39
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

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

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,082
1,082
1,040
1,040
4,244
2026
1,013
1,016
1,005
1,039
4,073
2027
1,041
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.03
2.38
2.49
2.13
9.02
2026
2.74
2.36
1.58
3.18
9.86
2027
2.62
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.78
2026
- -
- -
- -
- -
0.97
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Karim Dhanani
Full Time Employees
701
Sector
Technology services
Industry
Information technology services
Address
AMR Tech Park Bangalore KA India 560068
IPO Date
Oct 25, 1993
Website
mindteck.com
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Business
Mindteck (India) Limited provides engineering and technology solutions, specializing in product engineering, embedded design systems, Internet of Things solutions, testing, optimization, security services, product lifecycle management, digital transformation, and smart solutions including asset tracking and renewable energy digital platforms; it offers embedded systems development, firmware design, IoT device management, medical device firmware, healthcare informatics platforms such as emergency care and post-operative heart health monitoring, analytical instrument software, data storage management including software-defined storage and cloud configurations, semiconductor equipment software with SECS/GEM drivers and factory automation, enterprise IT infrastructure management, vulnerability assessment, penetration testing, test automation frameworks, AI/ML tools like auto script generators and review analyzers, and quality assurance across web, mobile, embedded, and cloud environments. The company, founded in 1991 and headquartered in Bengaluru, India, with development centers in Bengaluru and Kolkata, operates globally through subsidiaries in the United States, Canada, United Kingdom, Germany, Singapore, Malaysia, Bahrain, and British Virgin Islands, serving Fortune 1000 companies, startups, universities, and government entities in industries such as medical devices and healthcare, life sciences, analytical instruments, semiconductors, data storage, energy, utilities, and smart cities, with primary revenue from the US. Strategic alliances include partnerships with Intel Partner Alliance, Microsoft Gold Application Development, SNIA, CMMI Institute, and IoT Global Network; recent developments encompass the appointment of a new Managing Director in 2025, resignation of the prior Managing Director and CEO, bonus share issuance in September 2024, merger of the Mindteck Employees Welfare Trust financials into standalone statements effective November 2024 following ESOP scheme wind-up, advancements in AI-powered testing tools and platform-independent automation for medical devices, cloud migration for renewable energy smart meter data management, next-generation remote patient monitoring firmware upgrades, and business intelligence platforms for laboratory instruments, alongside robust financial growth with consolidated revenue rising to Rs. 4,244.2 million for FY ended March 31, 2025 from Rs. 3,855.3 million prior year.