MINDTECKInformation Technology

Mindteck (India) Limited

Computers - Software & Consulting · ISIN INE110B01017 · BSE 517344 · NSE EQ · FV ₹10
Last price
₹157
+1.53%today
What this company does

Mindteck (India) Limited operates in Computers - Software & Consulting, part of the Information Technology sector. It booked ₹104 cr of revenue in its latest quarter (Q1 FY27) and kept 8.0% of sales as profit.

In the report:
68out of 100
Equitytale Health Score
Solid

Healthier than 68% of companies in Information Technology, on all six measures of filed financials. Each measure is ranked against the 42–123 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
26

At close. Not part of the score.

Profitability & returns44

How much profit it earns on the money it employs

Balance sheet92

How much it owes, and whether earnings cover the interest

Cash quality67

Whether reported profit actually arrives as cash

Growth & consistency53

Whether sales and profit have grown, and how steadily

Valuation73

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 64%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in MINDTECK?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 12% a year, it would become
₹22.40 lakh

The slider starts at 12%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹157 +1.53%
latest close · 2026-09-17
1-year return
+101.9%
52-wk low ₹6652-wk high ₹240
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio15.0Low
LowAverageHigh
P/B ratio1.65Moderate
Below bookModerateHigh
EV / EBITDA10.0Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.0%Fair
WeakFairStrong ▸15%
Return on capital12.6%Fair
WeakFairStrong
Net margin8.0%Decent
ThinDecentStrong
EBITDA margin10.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover44.7×Strong
RiskyOkayStrong ▸5×
Current ratio5.63Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹500 cr
Book value
₹95
EPS
₹2.62
latest quarter
Net debt
₹-62 cr
more cash than debt
Enterprise value
₹439 cr
EBITDA
₹44 cr
annualised
EBIT
₹39 cr
annualised
Operating margin
9.5%
Return on assets
9.0%
Earnings yield
6.68%
P/S
1.20
Sales / share
₹130.5
Tax rate
13.1%
Face value
₹0
Shares
3.2 cr
Working capital
₹266 cr
Current assets
₹323 cr
Current liabilities
₹57 cr
Delivery %
58.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Priced about rightMedium confidence
Median of 3 models ₹139 vs market price ₹157 — price is 13% above it
Safety cushion-12.9%(target ≥ +20%)
Models span ₹69₹156, midpoint ₹139
Model ₹139
Price ₹157
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹104 cr
Other Income₹3 cr
Total Income₹107 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹63 cr
Finance Costs₹22 L
Depreciation & Amortisation₹1 cr
Other Expenses₹33 cr
Total Expenses₹97 cr
Profit before Tax₹10 cr
Tax Expense₹1 cr
Net Profit₹8 cr
Net margin on total income7.8%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹63 cr58.8%
Finance costs₹22 L0.2%
Depreciation & amortisation₹1 cr1.0%
Other expenses₹33 cr31.0%
Tax expense₹1 cr1.2%
Profit for the period₹8 cr7.8%
Total income ₹107 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue100 cr104 cr104 cr
Total income103 cr107 cr107 cr
Expenses91 cr95 cr97 cr
Profit before tax6 cr12 cr10 cr
Tax93 L2 cr1 cr
Net profit (owners' share)5 cr10 cr8 cr
Net margin (owners' share, on revenue)5.0%9.8%8.0%
EPS (₹)1.583.182.62
YoY (latest quarter): total income +2.8% · net profit -4.5%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹370 cr
Shareholder equity
₹304 cr
parent shareholders
Total debt
₹0 cr
Cash
₹62 cr
Cash flow · H1 FY26
Operating
₹9 cr
Investing
₹22 cr
Financing
₹-5 cr
Peer comparison
Computers - Software & Consulting · by market value
CompanyPriceMarket capP/E
Tata Consultancy Services Limited₹2,190₹7.93 L cr14.8
Infosys Limited₹1,059₹4.29 L cr13.8
HCL Technologies Limited₹1,258₹3.42 L cr18.4
Wipro Limited₹166₹1.65 L cr13.0
Tech Mahindra Limited₹1,561₹1.38 L cr23.6
LTM Limited₹4,265₹1.26 L cr21.6
Persistent Systems Limited₹5,473₹86,337 cr44.3
Coforge Limited₹1,793₹79,340 cr36.3
MphasiS Limited₹2,320₹44,284 cr22.6
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.64%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 6 Aug 2026
ActionDetailEx-date
Dividend₹1 / share6 Aug 2026
Dividend₹1 / share1 Aug 2025
Bonus issue4:120 Sep 2024
Dividend₹1 / share2 Aug 2024
Dividend₹1 / share4 Aug 2023
Dividend₹1 / share4 Aug 2022
Who owns it · 2026-06-30
No pledge
Promoter
64.2%
FII / Foreign
0.1%
DII / Domestic
Retail / others
35.7%
Promoter stake down 0.7% over the last 12 quarters.
Smart-money activity
Insider trades
SoldANAND BALAKRISHNAN · Key Managerial Personnel1,000 · ₹89,41515 Sep 21
SoldANAND BALAKRISHNAN · Key Managerial Personnel7,500 · ₹6.7 L15 Sep 21
BoughtANAND BALAKRISHNAN · Key Managerial Personnel10,000 · ₹3.5 L2 Sep 21
Bulk / block deals
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE2.73 L @ ₹248.056 Jan 26
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE2.73 L @ ₹247.846 Jan 26
SoldMULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED · NSE2.00 L @ ₹217.0823 Apr 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 13 Aug 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements, including the Consolidated Financial Statements of the Company, for the financial year ended March 31, 2026, together with the Board’s Report and Auditor’s Report thereon.
Backed by 100% of shareholders other than promotersneeded 50%
27.12 L votes for, 251 against
2
To declare dividend of Re. 1/- per Equity Share for the financial year ended March 31, 2026
Backed by 100% of shareholders other than promotersneeded 50%
27.12 L votes for, 251 against
3
To appoint a director in place of Mr. Meenaz Dhanani (DIN: 06705048), who retires by Rotation and being eligible, offers himself for re-appointment
Backed by 100% of shareholders other than promotersneeded 50%
27.12 L votes for, 263 against
4
Approval for payment of profit related commission to Non- Executive Directors including Independent Directors of the Company for the FY 2025-26
Backed by 100% of shareholders other than promotersneeded 75%
27.10 L votes for, 1,353 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 64.2% between them · as of 2026-06-30
EMBTECH HOLDINGS LIMITED64.20%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.