MINDTECK
Mindteck (India) Limited (MINDTECK) Stock Analysis
Mindteck (India) Limited is an Indian IT services and embedded engineering company serving semiconductor, storage, and enterprise clients globally. It provides product engineering and application development from offshore centres. Revenue is export-focused and talent-intensive. It is listed on Indian stock exchanges.
Technology › Information Technology Services
₹156.60
-1.12% 1W | -33.80% 52W
Market Cap
500 CR
P/E Ratio
16.1
52W High
₹307.7
52W Low
₹145.1
Div. Yield
0.64%
Beta
1
50 DMA
₹178
200 DMA
₹197.3
Profit Margin
7.6%
Inst. Own.
0%
📉 CONSOLIDATING DOWN
📉 CONSOLIDATING DOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 93.41 | 98.47 | 95.75 | 97.90 | 108.15 | 108.23 | 104.02 | 104.02 | 101.30 | 101.63 | 100.46 | 103.91 | 104.08 |
| Expenses | 85.81 | 89.71 | 87.21 | 90.37 | 99.15 | 99.64 | 94.92 | 95.45 | 91.68 | 94.42 | 90.01 | 93.25 | 95.95 |
| Operating Profit | 7.60 | 8.76 | 8.54 | 7.53 | 9.00 | 8.59 | 9.10 | 8.57 | 9.62 | 7.21 | 10.45 | 10.66 | 8.13 |
| OPM % | 8.14% | 8.90% | 8.92% | 7.69% | 8.32% | 7.94% | 8.75% | 8.24% | 9.50% | 7.09% | 10.40% | 10.26% | 7.81% |
| Other Income | 1.68 | 1.60 | 1.52 | 1.66 | 0.23 | 1.75 | 1.83 | 2.00 | 2.65 | 4.02 | -3.08 | 3.08 | 2.83 |
| Interest | 0.26 | 0.22 | 0.22 | 0.19 | 0.18 | 0.19 | 0.37 | 0.36 | 0.34 | 0.29 | 0.25 | 0.20 | 0.22 |
| Depreciation | 1.12 | 1.10 | 1.11 | 1.14 | 1.13 | 1.14 | 1.24 | 1.17 | 1.17 | 1.15 | 1.14 | 1.11 | 1.12 |
| Profit before tax | 7.90 | 9.04 | 8.73 | 7.86 | 7.92 | 9.01 | 9.32 | 9.04 | 10.76 | 9.79 | 5.98 | 12.43 | 9.62 |
| Tax % | 21.14% | 18.03% | 17.64% | 17.56% | 19.44% | 15.98% | 14.91% | 24.78% | 18.68% | 22.78% | 15.55% | 18.26% | 13.10% |
| Net Profit | 6.23 | 7.41 | 7.19 | 6.48 | 6.38 | 7.57 | 7.93 | 6.80 | 8.75 | 7.56 | 5.05 | 10.16 | 8.36 |
| EPS in Rs | 1.97 | 2.34 | 2.28 | 2.04 | 2.01 | 2.38 | 2.49 | 2.13 | 2.74 | 2.37 | 1.58 | 3.18 | 2.62 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 319 | 312 | 342 | 297 | 299 | 276 | 287 | 299 | 337 | 386 | 424 | 407 | 410 |
| Expenses | 290 | 291 | 331 | 296 | 295 | 272 | 267 | 278 | 310 | 353 | 389 | 369 | 374 |
| Operating Profit | 29 | 21 | 11 | 1 | 4 | 4 | 20 | 21 | 27 | 32 | 35 | 38 | 36 |
| OPM % | 9% | 7% | 3.2% | 0.4% | 1.5% | 1.6% | 7% | 7% | 8% | 8% | 8% | 9% | 9% |
| Other Income | 1 | 2 | 3 | 0 | 3 | -59 | 5 | 23 | 4 | 6 | 6 | 7 | 7 |
| Interest | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 2 | 2 | 2 | 1 | 2 | 7 | 6 | 5 | 5 | 4 | 5 | 5 | 5 |
| Profit before tax | 28 | 21 | 11 | -0 | 4 | -64 | 16 | 38 | 26 | 34 | 35 | 39 | 38 |
| Tax % | 31% | -25% | 19% | 4,608% | 37% | 1% | 33% | 13% | 20% | 19% | 19% | 19% | |
| Net Profit | 19 | 26 | 9 | -6 | 3 | -65 | 11 | 33 | 21 | 27 | 29 | 32 | 31 |
| EPS in Rs | 6.13 | 8.23 | 2.93 | -1.77 | 0.86 | -20.25 | 3.39 | 10.38 | 6.57 | 8.62 | 8.99 | 9.86 | 9.75 |
| Dividend Payout % | 13% | 10% | 27% | -45% | 92% | -0% | -0% | 8% | 12% | 9% | 11% | 10% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 7.0% | 7.0% | 3.0% |
| Profit CAGR | 18.0% | 26.0% | 3.0% |
Shareholding Pattern
Promoters64.20%
Public35.79%
Promoters64.20%
Public35.79%
Promoters64.20%
FIIs0.07%
Public35.72%
Promoters64.20%
FIIs0.01%
Public35.78%
Promoters64.20%
FIIs0.06%
Public35.73%
Promoters65.04%
FIIs0.20%
Public33.11%
Promoters64.83%
FIIs0.33%
Public33.92%
Promoters64.36%
FIIs0.18%
Public35.46%
Promoters64.20%
FIIs0.01%
Public35.78%
Promoters64.20%
FIIs0.06%
Public35.73%
MINDTECK
Holdings Analysis
Key strengths & risk signals
46
Overall
62
Fundamental
31
Technical
Risks (4)
LOW MARGIN! 7.6% profit margin - thin profits.
POOR YEAR! Stock declined 33.8% in the last year.
BEARISH SENTIMENT! In last 30 days: 12 up days, 18 down days. Avg volume on up days: 20,667 vs down days: 40,678. Ratio: 0.51x
WEAK POSITION! Current price (156.6) is below both moving averages.
Strengths (3)
FAIRLY VALUED! PEG of 1.08 indicates reasonable valuation.
APPROACHING OVERSOLD! RSI at 33.3 - watch for reversal.
MARKET ALIGNED! Beta of 1.00 - moves with the market.
Fundamental & Technical Analysis
46Overall
62Fundamental
31Technical
Fundamental Breakdown
Growth Quality
19/30
Revenue CAGR: 6.5% (MODERATE, 8/15). Profit CAGR: 14.9% (GOOD, 11/15).
Profit Margin
3/10
LOW MARGIN! 7.6% profit margin - thin profits.
PEG Valuation
9/10
FAIRLY VALUED! PEG of 1.08 indicates reasonable valuation.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.64% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
10/20
SIGNIFICANT PUBLIC HOLDING! 33.13% public ownership - moderate retail influence.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
5/10
BEARISH TREND! 50-day average (178.0) is below 200-day average (197.3) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (156.6) is below both moving averages.
Trend Pattern
10/20
Current trend: CONSOLIDATING DOWN
52W Performance
0/10
POOR YEAR! Stock declined 33.8% in the last year.
Volume Sentiment
5/30
BEARISH SENTIMENT! In last 30 days: 12 up days, 18 down days. Avg volume on up days: 20,667 vs down days: 40,678. Ratio: 0.51x
RSI
4/5
APPROACHING OVERSOLD! RSI at 33.3 - watch for reversal.
52W Range
1/5
WEAK! Trading at 7.1% of 52W range - near yearly lows.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 1.1% (1 week), 8.2% (1 month), 23.8% (3 months).
Beta
3/5
MARKET ALIGNED! Beta of 1.00 - moves with the market.
Peer Comparison
Technology · Information Technology Services · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MINDTECK | ₹156.60 | 16.1 | 7.6% | 6.5% | 14.9% | -33.8% | 46 | CONSOLIDATING DOWN | -4.5% | -17.6% | +2.8% | +0.2% |
| 3IINFOLTD | ₹24.40 | 13.6 | 4.9% | -1.7% | 195.8% | +17.1% | 69 | CONSOLIDATING UP | -11.0% | -11.0% | +1.2% | +1.2% |
| SIGMA | ₹45.60 | 15 | 31.9% | 19.6% | 26.6% | -3.3% | 75 | APPROACHING SUPPORT | +142.3% | +133.3% | +11.1% | -6.5% |
| VAKRANGEE | ₹5.30 | 65.9 | 4.4% | 8.9% | 123.8% | -35.2% | 55 | BOUNCE FROM SUPPORT | -18.8% | +30.0% | -18.8% | -1.4% |
| CYBERTECH | ₹137.90 | 13.5 | 12.8% | 10.4% | 11.9% | -20.4% | 63 | APPROACHING RESISTANCE | +15.9% | +33.8% | +17.5% | +9.8% |
| ONWARDTEC | ₹287.60 | 15.2 | 7.6% | 7.2% | 56.9% | +1.3% | 71 | APPROACHING RESISTANCE | -11.8% | +16.7% | +12.2% | +9.0% |
| INSPIRISYS | ₹88.50 | 9.5 | 7.8% | 8.7% | – | -4.7% | 59 | APPROACHING RESISTANCE | -32.8% | -53.4% | +26.5% | -24.5% |
| ADSL | ₹115.50 | 18.8 | 2.6% | 22.0% | 9.0% | -45.2% | 65 | BREAKOUT | -16.7% | -452.9% | +18.7% | -2.9% |
Data from TradeAlone · Updated daily
