Mindteck (India) Ltd

Mindteck (India) Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mindteck (India) Ltd

₹ 337 3.56%
04 Jul 12:52 p.m.
mindteck.com BSE: 517344 NSE: MINDTECK
About

Incorporated in 1991, Mindteck Ltd is in the business of rendering engineering and IT services[1]

Key Points

Business Overview:[1]
Mindteck is a CMMI Level 5 and ISO 9001:2015, ISO 13485:2016, and ISO 27001 certified, engineering and technology solutions company
which specializes in embedded systems, enterprise applications, testing, and professional services provided to Fortune 1000 companies, start-ups, universities, and government entities worldwide

Website BSE NSE
  • Market Cap ₹ 857 Cr.
  • Current Price ₹ 337
  • High / Low ₹ 352 / 118
  • Stock P/E 31.4
  • Book Value ₹ 87.2
  • Dividend Yield 0.31 %
  • ROCE 16.4 %
  • ROE 13.3 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 59.7% CAGR over last 5 years

Cons

  • Stock is trading at 3.91 times its book value
  • The company has delivered a poor sales growth of 5.19% over past five years.
  • Company has a low return on equity of 12.0% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: IT - Software Industry: Computers - Software - Medium / Small

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
72.57 73.42 75.97 75.72 73.67 81.26 84.07 82.66 88.74 93.41 98.47 95.75 97.90
65.16 68.73 69.82 70.26 69.20 74.68 77.90 75.18 81.88 85.81 89.71 87.21 90.37
Operating Profit 7.41 4.69 6.15 5.46 4.47 6.58 6.17 7.48 6.86 7.60 8.76 8.54 7.53
OPM % 10.21% 6.39% 8.10% 7.21% 6.07% 8.10% 7.34% 9.05% 7.73% 8.14% 8.90% 8.92% 7.69%
0.45 19.60 0.95 1.05 1.65 1.33 1.03 0.98 1.09 1.68 1.60 1.52 1.66
Interest 0.32 0.29 0.18 0.21 0.24 0.25 0.25 0.26 0.25 0.26 0.22 0.22 0.19
Depreciation 1.48 1.38 1.21 1.16 1.27 1.22 1.10 1.10 1.11 1.12 1.10 1.11 1.14
Profit before tax 6.06 22.62 5.71 5.14 4.61 6.44 5.85 7.10 6.59 7.90 9.04 8.73 7.86
Tax % 10.56% 5.13% 22.77% 13.42% 35.14% 20.50% 19.15% 22.39% 17.91% 21.14% 18.03% 17.64% 17.56%
5.42 21.46 4.41 4.45 2.99 5.12 4.73 5.51 5.41 6.23 7.41 7.19 6.48
EPS in Rs 2.12 8.38 1.72 1.73 1.16 1.99 1.83 2.14 2.14 2.46 2.93 2.84 2.56
Raw PDF
Upcoming result date: 8 August 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
264 329 319 312 342 297 299 276 287 299 337 386
261 300 290 291 331 296 295 272 267 278 310 353
Operating Profit 4 29 29 21 11 1 4 4 20 21 27 32
OPM % 1% 9% 9% 7% 3% 0% 1% 2% 7% 7% 8% 8%
0 1 1 2 3 0 3 -59 5 23 4 6
Interest 0 0 0 0 0 1 1 2 2 1 1 1
Depreciation 1 1 2 2 2 1 2 7 6 5 5 4
Profit before tax 3 29 28 21 11 -0 4 -64 16 38 26 34
Tax % 58% 35% 31% -25% 19% -4,608% 37% -1% 33% 13% 20% 19%
1 19 19 26 9 -6 3 -65 11 33 21 27
EPS in Rs 0.43 7.45 7.66 10.30 3.66 -2.21 1.07 -25.29 4.24 12.95 8.22 10.77
Dividend Payout % 0% 13% 13% 10% 27% -45% 92% 0% 0% 8% 12% 9%
Compounded Sales Growth
10 Years: 2%
5 Years: 5%
3 Years: 10%
TTM: 14%
Compounded Profit Growth
10 Years: 4%
5 Years: 60%
3 Years: 36%
TTM: 32%
Stock Price CAGR
10 Years: 22%
5 Years: 51%
3 Years: 66%
1 Year: 138%
Return on Equity
10 Years: 3%
5 Years: 8%
3 Years: 12%
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 25 25 25 25 25 25 25 25 25 25 25 25
Reserves 104 123 139 165 172 167 170 104 115 150 166 196
4 0 0 0 1 0 0 13 26 8 6 2
37 48 56 42 43 44 44 42 41 46 46 52
Total Liabilities 170 195 219 231 240 236 239 184 207 229 243 276
90 92 92 91 90 97 101 51 38 38 36 33
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 8 14 0 0 0 0 0
80 103 127 140 150 130 125 133 169 191 207 243
Total Assets 170 195 219 231 240 236 239 184 207 229 243 276

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-6 14 23 17 -12 4 -13 15 34 22 13 22
-1 -2 -1 1 1 -12 -2 13 -25 -19 -7 -13
4 -4 -3 -2 -1 -3 -3 -9 13 -3 -15 -2
Net Cash Flow -3 8 19 16 -11 -11 -18 19 22 -0 -9 8

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 64 63 71 68 75 71 86 75 87 89 93 88
Inventory Days
Days Payable
Cash Conversion Cycle 64 63 71 68 75 71 86 75 87 89 93 88
Working Capital Days 32 32 31 46 59 57 79 68 52 49 57 56
ROCE % 2% 21% 18% 12% 6% 1% 3% -1% 12% 12% 14%

Shareholding Pattern

Numbers in percentages

8 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
64.09% 64.01% 63.91% 63.90% 63.84% 63.79% 64.40% 65.04% 65.01% 64.93% 64.91% 64.83%
0.00% 0.14% 0.38% 0.21% 0.30% 0.24% 0.22% 0.20% 0.21% 0.20% 0.20% 0.33%
34.29% 34.23% 34.09% 34.27% 34.24% 34.35% 33.74% 33.11% 33.13% 33.23% 33.23% 33.92%
1.62% 1.62% 1.62% 1.62% 1.62% 1.61% 1.63% 1.65% 1.65% 1.64% 1.64% 0.92%
No. of Shareholders 11,11914,74019,29722,32822,88622,85520,78319,96219,80919,27220,71022,246

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Concalls

  • May 2019
    Transcript
    Notes
    PPT
  • Feb 2019
    Transcript
    Notes
    PPT
  • Aug 2018
    Transcript
    Notes
    PPT
  • Feb 2018
    Transcript
    Notes
    PPT
  • Feb 2016
    Transcript
    Notes
    PPT