Mindteck (India) Ltd

BSE: MINDTECK517344ISIN INE110B01017

Information Technology
Computers - Software & Consulting
BSE Information Technology

Share price

₹138.75+5.20 (+3.89%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

20 Sep 2024 · Bonus 1:4

52W high: ₹270.15
52W low: ₹116.00
Off 52W high: -48.64%
1M return: -8.72%
3M return: -27.75%
6M return: -35.16%
1Y return: -46.69%
20D avg volume: 3,707
50 DMA: ₹152.07
200 DMA: ₹188.57

Key ratios Consolidated

Market cap: ₹443.36 Cr
Current price: ₹138.75
52W high / low: ₹270.15 / ₹116.00
Face value: ₹10.00
P/E: 14.28
P/B: 1.38
EPS (TTM): ₹9.72
Book value / share: ₹100.33
ROE: —
ROCE: 12.80%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-61.69 Cr
Interest cover: 37.07
Dividend yield: 0.72%
Dividend / share (TTM): ₹1.00
Payout: 10.29%
Cash conversion cycle: 83.6 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	105.50	104.08	103.91	100.46	101.63	101.30	104.02	104.02	108.23	108.15	97.90	95.75
	2.99	2.83	3.08	2.22	2.11	2.65	2.00	1.83	1.75	1.96	1.66	1.52
	108.49	106.91	106.99	102.68	103.74	103.95	106.02	105.85	109.98	110.11	99.56	97.27
	99.08	97.29	94.56	91.40	95.86	93.19	96.98	96.53	100.97	100.46	91.70	88.54
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	62.66	62.86	61.90	59.82	62.54	59.33	59.53	59.97	60.19	59.63	59.59	59.49
	0.21	0.22	0.20	0.25	0.29	0.34	0.36	0.37	0.19	0.18	0.19	0.22
	1.15	1.12	1.11	1.14	1.15	1.17	1.17	1.24	1.14	1.13	1.14	1.11
	35.06	33.09	31.35	30.19	31.88	32.35	35.92	11.94	12.53	15.04	8.03	6.20
	9.41	9.62	12.43	11.28	7.88	10.76	9.04	9.32	9.01	9.65	7.86	8.73
	0.00	0.00	0.00	-5.30	1.91	0.00	0.00	0.00	0.00	-1.73	0.00	0.00
	9.41	9.62	12.43	5.98	9.79	10.76	9.04	9.32	9.01	7.92	7.86	8.73
	1.93	1.26	2.27	0.93	2.23	2.01	2.24	1.39	1.44	1.54	1.38	1.54
	7.48	8.36	10.16	5.05	7.56	8.75	6.80	7.93	7.57	6.38	6.48	7.19
	2.34	2.62	3.18	1.58	2.36	2.74	2.13	2.49	2.38	2.53	2.60	2.89
Key metrics
	10.77	10.96	13.74	7.37	11.23	12.27	10.57	10.93	10.34	9.23	9.19	10.06
	10.20%	10.50%	13.20%	7.30%	11.00%	12.10%	10.20%	10.50%	9.60%	8.50%	9.40%	10.50%
	7.10%	8.00%	9.80%	5.00%	7.40%	8.60%	6.50%	7.60%	7.00%	5.90%	6.60%	7.50%
	2.90%	—	4.00%	—	3.50%	—	3.50%	—	—	—	—	—
	3.80%	2.70%	-0.10%	-3.40%	-6.10%	-6.30%	6.30%	8.60%	—	—	—	—
	-1.10%	-4.50%	49.40%	-36.30%	-0.10%	37.10%	4.90%	10.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	413.95	407.30	424.42	385.53	336.73	298.78
	11.12	10.06	7.54	6.46	4.43	5.07
	425.07	417.36	431.96	391.99	341.16	303.85
	382.33	375.01	394.94	358.46	315.18	283.95
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	247.24	243.59	239.32	234.97	211.29	188.90
	0.88	1.08	1.10	0.89	1.01	0.92
	4.52	4.57	4.68	4.47	4.53	5.02
	129.69	125.77	149.84	29.67	25.40	25.43
	42.74	42.35	37.02	33.53	25.98	19.90
	-5.30	-3.39	-1.73	0.00	0.00	18.18
	37.44	38.96	35.29	33.53	25.98	38.08
	6.39	7.44	6.61	6.22	5.21	4.77
	31.05	31.52	28.68	27.31	20.77	33.31
	9.72	9.86	9.02	10.97	8.26	13.19
Key metrics
	42.84	44.61	41.07	38.89	31.52	44.02
	10.35%	11.00%	9.70%	10.10%	9.40%	14.70%
	7.50%	7.70%	6.80%	7.10%	6.20%	11.10%
	—	12.80%	13.50%	—	—	—
	0.73%	-4.00%	10.10%	14.50%	12.70%	—
	0.03%	9.90%	5.00%	31.50%	-37.60%	—
	—	25.52	23.32	—	—	—
	—	0.83	0.84	—	—	—
	—	0.00	0.00	—	—	—
	—	-61.69	-70.08	—	—	—
	—	83.6	72.2	—	—	—
Balance sheet
	—	369.85	321.67	—	—	—
	—	322.92	248.35	—	—	—
	—	61.69	70.08	—	—	—
	—	113.73	101.34	—	—	—
	—	0.00	0.00	—	—	—
	—	10.16	9.47	—	—	—
	—	0.83	1.98	—	—	—
	—	20.37	17.50	—	—	—
	—	57.33	53.01	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	303.57	259.89	—	—	—
Cash flow
	—	26.03	24.13	—	—	—
	—	-37.33	-7.43	—	—	—
	—	-6.79	1.47	—	—	—
	—	0.51	0.81	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	31.91	33.93	36.92	38.43	39.15	35.15	38.61	35.87	39.17	41.44	36.10	34.67
	1.94	1.83	2.72	1.76	1.84	2.43	1.93	1.08	1.32	1.11	1.12	1.05
	33.85	35.76	39.64	40.19	40.99	37.58	40.54	36.95	40.49	42.55	37.22	35.72
	28.74	30.66	33.22	31.48	33.36	31.40	31.04	32.54	34.63	37.35	32.61	29.97
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	23.57	25.14	25.79	25.83	26.02	25.11	24.23	25.17	25.70	24.96	25.58	24.40
	0.08	0.10	0.11	0.12	0.16	0.18	0.20	0.23	0.03	0.06	0.08	0.11
	1.10	1.09	1.06	1.10	1.11	1.14	1.14	1.19	1.09	1.09	1.10	1.07
	3.99	4.33	6.26	4.43	6.07	4.97	5.47	4.79	6.61	10.43	4.93	3.45
	5.11	5.10	6.42	8.71	7.63	6.18	9.50	4.41	5.86	5.20	4.61	5.75
	0.00	0.00	0.00	-5.30	0.00	0.00	0.00	—	—	—	2.29	—
	5.11	5.10	6.42	3.41	7.63	6.18	9.50	4.41	5.86	5.20	6.90	5.75
	1.33	1.26	1.23	1.24	2.25	1.52	2.24	1.12	1.45	1.34	1.16	1.33
	3.78	3.84	5.19	2.17	5.38	4.66	7.26	3.29	4.41	3.86	5.74	4.42
	1.18	1.20	1.62	0.68	1.68	1.46	2.28	1.03	1.39	1.52	2.27	1.74
Key metrics
	6.29	6.29	7.59	4.63	8.90	7.50	10.84	5.83	6.98	6.35	8.08	6.93
	19.70%	18.50%	20.60%	12.00%	22.70%	21.30%	28.10%	16.30%	17.80%	15.30%	22.40%	20.00%
	11.80%	11.30%	14.10%	5.60%	13.70%	13.30%	18.80%	9.20%	11.30%	9.30%	15.90%	12.70%
	2.40%	—	3.10%	—	3.80%	—	4.90%	—	—	—	—	—
	-18.50%	-3.50%	-4.40%	7.10%	-0.10%	-15.20%	7.00%	3.50%	—	—	—	—
	-29.70%	-17.60%	-28.50%	-34.00%	22.00%	20.70%	26.50%	-25.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	141.19	149.65	155.09	139.69	129.51	114.25
	8.25	8.75	5.44	4.28	3.29	3.55
	149.44	158.40	160.53	143.97	132.80	117.80
	124.10	129.46	135.56	122.60	113.25	102.25
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	100.33	102.75	100.06	97.56	91.96	78.48
	0.41	0.57	0.52	0.45	0.60	0.50
	4.35	4.41	4.51	4.32	4.27	4.65
	19.01	21.73	30.47	16.71	12.53	15.22
	25.34	28.94	24.97	21.37	19.55	15.55
	-5.30	-5.30	0.00	2.29	—	-0.62
	20.04	23.64	24.97	23.66	19.55	14.93
	5.06	6.24	6.15	5.39	4.68	3.95
	14.98	17.40	18.82	18.27	14.87	10.98
	4.68	5.44	5.91	7.22	5.82	4.28
Key metrics
	24.80	28.62	30.00	28.43	24.42	20.08
	17.56%	19.10%	19.30%	20.40%	18.90%	17.60%
	10.61%	11.60%	12.10%	13.10%	11.50%	9.60%
	—	11.40%	12.90%	—	—	—
	-5.10%	-3.50%	11.00%	7.90%	13.40%	—
	-27.25%	-7.50%	3.00%	22.90%	35.40%	—
	—	3.83	15.24	—	—	—
	—	0.25	0.85	—	—	—
	—	0.00	0.00	—	—	—
	—	-23.00	-18.79	—	—	—
	—	105.7	69.2	—	—	—
Balance sheet
	—	240.29	218.91	—	—	—
	—	154.78	107.15	—	—	—
	—	23.00	18.79	—	—	—
	—	54.61	36.25	—	—	—
	—	0.00	0.00	—	—	—
	—	6.38	7.46	—	—	—
	—	0.60	1.70	—	—	—
	—	11.29	6.83	—	—	—
	—	27.05	21.38	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	204.29	188.87	—	—	—
Cash flow
	—	4.28	15.99	—	—	—
	—	6.72	-4.46	—	—	—
	—	-6.79	-4.43	—	—	—
	—	0.45	0.75	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +4.94%
Sales CAGR 5Y: —
Profit CAGR 3Y: +5.38%
Profit CAGR 5Y: —
Sales YoY (TTM): -5.10%
Profit YoY (TTM): -27.25%

Consolidated

Sales CAGR 3Y: +6.55%
Sales CAGR 5Y: —
Profit CAGR 3Y: +14.92%
Profit CAGR 5Y: —
Sales YoY (TTM): +0.73%
Profit YoY (TTM): +0.03%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 64.20%

Quarter	September 2026	June 2026
Promoter %	64.20%	64.20%

Holder	Type	Holding	Previous	Change
EMBTECH HOLDINGS LIMITED	Promoter	64.20%	64.20%	0.00%
FIRST ASIAN INVESTMENTS SA, LLC	Public	5.44%	5.44%	0.00%
BANCO EFISA SA	Public	3.14%	3.14%	0.00%
Mindteck Investors Trust ( Sujatha T K )	Public	2.91%	2.91%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Tata Consultancy Services Ltd.	8,81,004	2,435.00	16.99	54.90%	+9.92% TTM	+4.37% TTM	-18.56%
Infosys Ltd	4,57,410	1,127.10	14.86	39.00%	+11.73% TTM	+9.34% TTM	-23.22%
HCL Technologies Ltd	3,81,270	1,405.00	20.80	27.20%	+12.76% TTM	+7.93% TTM	-8.09%
Wipro Ltd.	1,91,922	193.75	14.51	18.60%	+8.22% TTM	-2.44% TTM	-18.61%
Tech Mahindra Limited	1,74,643	1,781.70	31.35	19.80%	+13.60% TTM	+24.88% TTM	+26.47%
LTM LIMITED	1,24,174	4,186.00	23.90	25.80%	+14.67% TTM	+7.10% TTM	-25.47%
Persistent Systems Limited	99,915	6,025.00	55.41	29.40%	+27.10% TTM	+8.29% TTM	+2.88%
COFORGE LIMITED	91,044	2,055.00	43.36	18.70%	+41.21% TTM	+56.10% TTM	+16.26%
Mphasis Limited	47,635	2,494.65	24.93	23.00%	+13.69% TTM	+9.84% TTM	-9.81%
Hexaware Technologies Limited	30,618	501.10	21.83	—	+13.45% TTM	+0.39% TTM	-27.90%
Tata Elxsi Ltd S	23,210	3,725.10	34.63	26.20%	+10.01% TTM	-0.07% TTM	-30.72%
Fractal Analytics Limited	14,551	835.75	39.49	12.50%	—	—	—
KPIT Technologies Ltd	14,310	522.00	26.83	22.10%	+9.16% TTM	-30.96% TTM	-54.81%
IDream Film Infrastructure Company Limited	12,831	467.35	9,786.82	2.10%	—	+690.91% TTM	+164.86%
Zensar Technologies Ltd.	12,138	532.95	15.46	21.00%	+8.81% TTM	+11.99% TTM	-27.59%
RateGain Travel Technologies Limited	9,406	793.55	38.81	9.80%	+114.36% TTM	+15.14% TTM	+15.83%
ASM Technologies Ltd. S	9,154	6,275.30	—	22.70%	+133.51% TTM	+117.67% TTM	+63.73%
BIRLASOFT LIMITED	8,925	319.00	14.47	18.60%	+3.75% TTM	+33.56% TTM	-14.02%
INTELLECT DESIGN ARENA LIMITED	7,446	530.10	21.08	13.60%	+16.99% TTM	-12.31% TTM	-55.75%
Sonata Software Ltd.	6,367	227.05	13.75	27.60%	+3.97% TTM	+8.12% TTM	-39.25%
Newgen Software Technologies Limited	6,295	441.75	19.75	20.80%	+6.49% TTM	-3.04% TTM	-54.57%
Happiest Minds Technologies Limited	4,754	312.20	20.56	17.20%	+12.13% TTM	+18.44% TTM	-38.39%
Mastek Limited	4,476	1,443.50	10.51	16.60%	+5.99% TTM	+16.64% TTM	-32.51%
63 Moons Technologies Limited	4,263	925.15	-45.07	-1.00%	+490.54% TTM	-119.65% TTM	+16.75%
Latent View Analytics Limited	4,030	194.60	20.01	14.70%	+20.34% TTM	+5.91% TTM	-58.20%
Mindteck (India) Ltd	443	138.75	14.28	12.80%	+0.73% TTM	+0.03% TTM	-46.69%

Filings & corporate actions

Recent announcements

Press Release4 Nov 2026 · Company Update / Press Release / Media Release
Grant of ESOPs4 Nov 2026 · Board Meeting / Outcome of Board Meeting
Financial Results for the Quarter and Half year ended September 30, 20264 Nov 2026 · Result / Financial Results
Certificate under Reg 74(5) of SEBI (DP) Regulations, 201813 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Resignation of Senior Management Personnel5 Oct 2026 · Company Update / Change in Management
Closure of Trading Window25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Mindteck (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve Intimation of Board Meeting ....25 Sep 2026 · Board Meeting / Board Meeting
Newspaper Advertisement9 Sep 2026 · Company Update / Newspaper Publication
Newspaper Advertisement13 Aug 2026 · Company Update / Newspaper Publication
SCRUTINIZER''S REPORT13 Aug 2026 · AGM/EGM / AGM
SUMMARY OF THE PROCEEDINGS13 Aug 2026 · AGM/EGM / AGM
Press Release on Financial Results for the Quarter ended June 30, 202612 Aug 2026 · Company Update / Press Release / Media Release
Outcome of the Board Meeting dated August 12, 202612 Aug 2026 · Board Meeting / Outcome of Board Meeting
Financial Results for the Quarter ended June 30, 202612 Aug 2026 · Result / Financial Results
Newspaper Advertisement on AGM Notice, Book Closure, Record date and E-Voting22 Jul 2026 · Company Update / Newspaper Publication
Communication to shareholder - TDS on Dividend21 Jul 2026 · Company Update / General
Annual Report for the FY 2025-2621 Jul 2026 · Others / Reg. 34 (1) Annual Report
Communication to Non-Email Shareholders through Inland letters on 35th AGM21 Jul 2026 · Company Update / General
Notice of 35th AGM to be held on August 13, 202621 Jul 2026 · Company Update / General
Intimation of Record Date for Payment of Dividend21 Jul 2026 · Corp. Action / Record Date
Intimation of Book Closure Notice21 Jul 2026 · Corp. Action / Book Closure
Intimation of Annual General Meeting & Book Closure Notice21 Jul 2026 · AGM/EGM / AGM
Scrutinizer''s Report13 Jul 2026 · AGM/EGM / Postal Ballot
Outcome of Postal Ballot13 Jul 2026 · AGM/EGM / Postal Ballot
Newspaper Advertisement on Special Window for Re-Lodgment of Shares9 Jul 2026 · Company Update / Newspaper Publication
Certificate under Reg 74(5) of SEBI (DP) Regulations, 20186 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Newspaper Advertisement26 Jun 2026 · Company Update / Newspaper Publication
Mindteck (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Quarterly Results and Other ....26 Jun 2026 · Board Meeting / Board Meeting
Intimation of Closure of Trading Window26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of Corrigendum of Postal Ballot Notice dated June 09, 202625 Jun 2026 · Company Update / General
Newspaper Advertisement on Transfer of Shares to IEPF Authority25 Jun 2026 · Company Update / Newspaper Publication
Change in the Composition of the Stakeholders Relationship Committee24 Jun 2026 · Company Update / General
Appointment of Senior Management Personnel22 Jun 2026 · Company Update / Change in Management
Newspaper Advertisement12 Jun 2026 · Company Update / Newspaper Publication
Intimation of Postal Ballot11 Jun 2026 · Company Update / General
Intimation of Postal Ballot11 Jun 2026 · AGM/EGM / Postal Ballot
Appointment of Senior Management Personnel3 Jun 2026 · Company Update / Change in Management
Newspaper Advertisement20 May 2026 · Company Update / Newspaper Publication
Press Release19 May 2026 · Company Update / Press Release / Media Release
Submission of Financial Results pursuant to Regulation 33 and Outcome of the Board Meeting pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) ....19 May 2026 · Board Meeting / Outcome of Board Meeting

Corporate actions

Purpose	Ex date	Record date	Payment date
Dividend - Rs. - 1.0000	6 Aug 2026	6 Aug 2026	—
Dividend - Rs. - 1.0000	1 Aug 2025	1 Aug 2025	—
Bonus issue 1:4	20 Sep 2024	20 Sep 2024	—
Final Dividend - Rs. - 1.0000	2 Aug 2024	—	—

Board meetings

4 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results