MINDTECK

Mindteck (India) Limited

Product engineering and IT services for industries like Life Sciences and Semiconductor

Information Technology›Information Technology›IT - Software›Computers - Software & Consulting

mindteck.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹148.94
Market cap
476 Cr
Stock P/E
15.3
P/B
1.57
Dividend yield
0.7%
ROE (FY26)
10.4%
ROCE (FY26)
13.2%
Operating margin (FY26)
8.2%
Debt / equity (FY26)
0.00
OCF / EBITDA (FY26)
68.6%
OCF / EBITDA (3Y)
68.8%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Mindteck provides software and engineering technology services to customers in sectors such as data storage, medical devices, semiconductors and analytical instruments, from Bengaluru.

Company snapshot

35thBy market cap

Ranked among 50 companies in Computers - Software & Consulting.

What we see

Positives
  • ✓Debt-to-equity of 0.00x — the company is largely funded by its own money, not borrowed funds.
1 more signal from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales98 Cr96 Cr98 Cr108 Cr108 Cr104 Cr104 Cr101 Cr102 Cr100 Cr104 Cr104 Cr
Operating expenses (approx.)90 Cr87 Cr90 Cr99 Cr100 Cr95 Cr95 Cr92 Cr94 Cr90 Cr93 Cr96 Cr
EBITDA9 Cr9 Cr8 Cr9 Cr9 Cr9 Cr9 Cr10 Cr7 Cr10 Cr11 Cr8 Cr
OPM %8.9%8.9%7.7%8.3%7.9%8.7%8.2%9.5%7.1%10.4%10.3%7.8%
Other income2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr3 Cr2 Cr2 Cr3 Cr3 Cr
Interest0.22 Cr0.22 Cr0.19 Cr0.18 Cr0.19 Cr0.37 Cr0.36 Cr0.34 Cr0.29 Cr0.25 Cr0.20 Cr0.22 Cr
Depreciation1 Cr1 Cr1 Cr1 Cr1 Cr1 Cr1 Cr1 Cr1 Cr1 Cr1 Cr1 Cr
Profit before tax9 Cr9 Cr8 Cr8 Cr9 Cr9 Cr9 Cr11 Cr10 Cr6 Cr12 Cr10 Cr
Tax %18.0%17.6%17.6%19.4%16.0%14.9%24.8%18.7%22.8%15.6%18.3%13.1%
Net profit7 Cr7 Cr6 Cr6 Cr8 Cr8 Cr7 Cr9 Cr8 Cr5 Cr10 Cr8 Cr
EPS (₹)₹2.97₹2.89₹2.60₹2.53₹2.38₹2.49₹2.13₹2.74₹2.36₹1.58₹3.18₹2.62

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales342 Cr297 Cr299 Cr276 Cr287 Cr299 Cr337 Cr386 Cr424 Cr407 CrSign in free for the trailing twelve months
Operating expenses (approx.)331 Cr296 Cr295 Cr272 Cr267 Cr278 Cr310 Cr353 Cr389 Cr369 CrSign in free for the trailing twelve months
EBITDA11 Cr1 Cr4 Cr4 Cr20 Cr21 Cr27 Cr32 Cr35 Cr38 CrSign in free for the trailing twelve months
OPM %3.2%0.4%1.5%1.6%6.8%7.0%8.0%8.4%8.3%9.3%Sign in free for the trailing twelve months
Other income3 Cr2 Cr3 Cr2 Cr5 Cr5 Cr4 Cr6 Cr8 Cr10 CrSign in free for the trailing twelve months
Interest0.39 Cr0.55 Cr1 Cr2 Cr2 Cr0.92 Cr1 Cr0.89 Cr1 Cr1 CrSign in free for the trailing twelve months
Depreciation2 Cr1 Cr2 Cr7 Cr6 Cr5 Cr5 Cr4 Cr5 Cr5 CrSign in free for the trailing twelve months
Profit before tax11 Cr-0.12 Cr4 Cr-64 Cr16 Cr38 Cr26 Cr34 Cr35 Cr39 CrSign in free for the trailing twelve months
Tax %19.2%-4464.2%37.2%-1.1%32.7%12.5%20.1%18.6%18.7%19.1%Sign in free for the trailing twelve months
Net profit9 Cr-6 Cr3 Cr-65 Cr11 Cr33 Cr21 Cr27 Cr29 Cr32 CrSign in free for the trailing twelve months
EPS (₹)₹3.74₹-2.26₹1.09₹-25.71₹4.31₹13.19₹8.26₹10.97₹9.02₹9.86Sign in free for the trailing twelve months
Dividend payout %————0.3%0.0%12.1%9.0%8.6%9.8%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital25 Cr25 Cr25 Cr25 Cr25 Cr25 Cr25 Cr25 Cr32 Cr32 Cr
Reserves172 Cr167 Cr170 Cr104 Cr115 Cr150 Cr166 Cr196 Cr228 Cr272 Cr
Borrowings1 Cr0.01 Cr——18 Cr—————
Other liabilities43 Cr44 Cr44 Cr55 Cr49 Cr54 Cr52 Cr55 Cr62 Cr66 Cr
Total liabilities240 Cr236 Cr239 Cr185 Cr207 Cr229 Cr243 Cr276 Cr322 Cr370 Cr
Fixed assets (net)0.84 Cr3 Cr3 Cr3 Cr2 Cr2 Cr2 Cr2 Cr2 Cr0.83 Cr
CWIP0.37 Cr—0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr
Investments—8 Cr14 Cr1 Cr0.65 Cr0.63 Cr0.62 Cr0.60 Cr0.58 Cr57 Cr
Loans & advances——0.82 Cr0.25 Cr0.42 Cr0 Cr0 Cr0 Cr0 Cr0 Cr
Trade receivables70 Cr57 Cr71 Cr57 Cr50 Cr73 Cr86 Cr93 Cr101 Cr114 Cr
Cash & bank39 Cr28 Cr10 Cr29 Cr51 Cr50 Cr41 Cr50 Cr70 Cr62 Cr
Other assets130 Cr140 Cr140 Cr94 Cr102 Cr104 Cr113 Cr129 Cr148 Cr137 Cr
Total assets240 Cr236 Cr239 Cr185 Cr207 Cr229 Cr243 Cr276 Cr322 Cr370 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity-12 Cr4 Cr-13 Cr15 Cr34 Cr22 Cr13 Cr22 Cr24 Cr26 Cr
Cash from investing1 Cr-9 Cr-2 Cr12 Cr-25 Cr-20 Cr-10 Cr-13 Cr-7 Cr-37 Cr
Cash from financing-1 Cr-3 Cr-3 Cr-9 Cr13 Cr-3 Cr-15 Cr-2 Cr1 Cr-7 Cr
Net cash flow-11 Cr-8 Cr-18 Cr18 Cr22 Cr-0.32 Cr-9 Cr9 Cr20 Cr-8 Cr
Free cash flow (OCF − Capex)-13 Cr1 Cr-14 Cr13 Cr33 Cr21 Cr11 Cr21 Cr23 Cr26 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %6.0%0.2%2.7%-47.7%11.3%22.2%14.2%15.6%14.0%13.2%
ROE %4.7%-2.9%1.4%-50.0%7.8%19.0%10.9%12.4%11.0%10.4%
Debtor days757086756488938887102
Inventory days——00000000
Days payable166711217172217161518
Cash conversion cycle593-2658476676737283
OCF / EBITDA %-105.6%n.m.n.m.n.m.171.8%104.2%47.0%69.3%68.4%68.6%
OCF / EBITDA % (3 years)——n.m.n.m.126.2%157.1%100.9%70.8%62.6%68.8%
Debt / equity0.00510.0001—0.000.130.000.000.000.000.00
Current ratio3.263.343.643.042.643.494.224.654.685.63
Net debt / EBITDA-3.47—-2.31-6.47-1.66-2.42-1.53-1.54-1.99-1.63