View Past PerformanceThis company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsMindtree バランスシートの健全性財務の健全性 基準チェック /66主要情報0%負債資本比率₹0負債インタレスト・カバレッジ・レシオ-775.5x現金₹35.74bエクイティ₹56.69b負債合計₹27.97b総資産₹84.65b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesRecent Insider Transactions • Nov 06Board Member recently sold ₹8.5m worth of stockOn the 1st of November, Venugopal Lambu sold around 3k shares on-market at roughly ₹3,416 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹63m more than they bought in the last 12 months.Recent Insider Transactions • Oct 29Board Member recently sold ₹8.5m worth of stockOn the 21st of October, Venugopal Lambu sold around 3k shares on-market at roughly ₹3,416 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹54m more than they bought in the last 12 months.Reported Earnings • Oct 15Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: ₹30.86 (up from ₹24.21 in 2Q 2022). Revenue: ₹34.8b (up 34% from 2Q 2022). Net income: ₹5.09b (up 28% from 2Q 2022). Profit margin: 15% (in line with 2Q 2022). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 5.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Sep 23Insider recently sold ₹781k worth of stockOn the 16th of September, Khyati Shah sold around 250 shares on-market at roughly ₹3,122 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹4.6m. Insiders have been net sellers, collectively disposing of ₹58m more than they bought in the last 12 months.Recent Insider Transactions • Aug 25General Counsel recently sold ₹4.6m worth of stockOn the 18th of August, Sonal Basu sold around 1k shares on-market at roughly ₹3,508 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹91m more than they bought in the last 12 months.Recent Insider Transactions • Jul 27Insider recently sold ₹3.1m worth of stockOn the 21st of July, Subramanyam Putrevu sold around 1k shares on-market at roughly ₹3,088 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹83m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Jul 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹3,214, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 25x in the IT industry in India. Total returns to shareholders of 381% over the past three years.Price Target Changed • Jul 15Price target decreased to ₹3,427Down from ₹3,686, the current price target is an average from 34 analysts. New target price is 21% above last closing price of ₹2,829. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of ₹117 for next year compared to ₹100 last year.Price Target Changed • Jul 06Price target decreased to ₹3,697Down from ₹3,997, the current price target is an average from 30 analysts. New target price is 29% above last closing price of ₹2,861. Stock is up 12% over the past year. The company is forecast to post earnings per share of ₹115 for next year compared to ₹100 last year.Upcoming Dividend • Jun 28Upcoming dividend of ₹27.00 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Indian dividend payers (1.9%). Lower than average of industry peers (1.8%).Reported Earnings • Jun 19Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: ₹100 (up from ₹67.44 in FY 2021). Revenue: ₹105.3b (up 32% from FY 2021). Net income: ₹16.5b (up 49% from FY 2021). Profit margin: 16% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 22%, compared to a 15% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • May 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be ₹3,460, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.Board Change • Apr 27High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Additional Executive Director & President of Global Markets Venu Lambu was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 19Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: ₹100 (up from ₹67.44 in FY 2021). Revenue: ₹108.3b (up 36% from FY 2021). Net income: ₹16.5b (up 49% from FY 2021). Profit margin: 15% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 18%, compared to a 16% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Mar 11Chief Business Officer recently sold ₹9.9m worth of stockOn the 9th of March, Vijayaram Parupudi sold around 2k shares on-market at roughly ₹4,120 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹90m more than they bought in the last 12 months.Recent Insider Transactions • Mar 05Insider recently sold ₹7.8m worth of stockOn the 28th of February, Suresh Gurumurthy sold around 2k shares on-market at roughly ₹3,882 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹80m more than they bought in the last 12 months.Recent Insider Transactions • Feb 24Insider recently sold ₹3.9m worth of stockOn the 21st of February, Suresh Gurumurthy sold around 1k shares on-market at roughly ₹3,863 per share. In the last 3 months, they made an even bigger sale worth ₹4.7m. Insiders have been net sellers, collectively disposing of ₹72m more than they bought in the last 12 months.Reported Earnings • Jan 14Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: ₹26.55 (up from ₹19.82 in 3Q 2021). Revenue: ₹28.2b (up 39% from 3Q 2021). Net income: ₹4.38b (up 34% from 3Q 2021). Profit margin: 16% (in line with 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.0%. Earnings per share (EPS) surpassed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 22%, compared to a 16% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Jan 14Price target increased to ₹4,550Up from ₹4,224, the current price target is an average from 30 analysts. New target price is approximately in line with last closing price of ₹4,548. Stock is up 168% over the past year. The company is forecast to post earnings per share of ₹97.64 for next year compared to ₹67.44 last year.Recent Insider Transactions • Dec 10Insider recently sold ₹4.6m worth of stockOn the 8th of December, Suresh Gurumurthy sold around 1k shares on-market at roughly ₹4,620 per share. In the last 3 months, they made an even bigger sale worth ₹27m. Insiders have been net sellers, collectively disposing of ₹79m more than they bought in the last 12 months.Recent Insider Transactions • Nov 26Insider recently sold ₹2.4m worth of stockOn the 24th of November, Suresh Gurumurthy sold around 500 shares on-market at roughly ₹4,837 per share. In the last 3 months, they made an even bigger sale worth ₹27m. Insiders have been net sellers, collectively disposing of ₹224m more than they bought in the last 12 months.Recent Insider Transactions • Oct 22Insider recently sold ₹16m worth of stockOn the 20th of October, Sonal Basu sold around 3k shares on-market at roughly ₹4,754 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹27m. Insiders have been net sellers, collectively disposing of ₹230m more than they bought in the last 12 months.Reported Earnings • Oct 14Second quarter 2022 earnings released: EPS ₹24.21 (vs ₹15.41 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹26.6b (up 38% from 2Q 2021). Net income: ₹3.99b (up 57% from 2Q 2021). Profit margin: 15% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Oct 06Price target increased to ₹3,141Up from ₹2,768, the current price target is an average from 26 analysts. New target price is 25% below last closing price of ₹4,173. Stock is up 201% over the past year.Price Target Changed • Oct 01Price target increased to ₹2,807Up from ₹2,608, the current price target is an average from 27 analysts. New target price is 33% below last closing price of ₹4,200. Stock is up 214% over the past year.Recent Insider Transactions • Sep 25Insider recently sold ₹27m worth of stockOn the 21st of September, Suresh Gurumurthy sold around 7k shares on-market at roughly ₹4,181 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹214m more than they bought in the last 12 months.Price Target Changed • Sep 24Price target increased to ₹2,738Up from ₹2,527, the current price target is an average from 27 analysts. New target price is 40% below last closing price of ₹4,601. Stock is up 263% over the past year.Recent Insider Transactions • Sep 08Insider recently sold ₹1.9m worth of stockOn the 6th of September, Madhup Jain sold around 500 shares on-market at roughly ₹3,820 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹2.1b more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹3,501, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 32x in the IT industry in India. Total returns to shareholders of 256% over the past three years.Recent Insider Transactions • Aug 03Insider recently bought ₹1.2m worth of stockOn the 30th of July, Ramaswamy Govindan bought around 400 shares on-market at roughly ₹2,922 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹5.9b more in shares than they bought in the last 12 months.Price Target Changed • Jul 15Price target increased to ₹2,364Up from ₹2,162, the current price target is an average from 26 analysts. New target price is 13% below last closing price of ₹2,732. Stock is up 171% over the past year.Reported Earnings • Jul 14First quarter 2022 earnings released: EPS ₹20.85 (vs ₹12.94 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹23.6b (up 24% from 1Q 2021). Net income: ₹3.43b (up 61% from 1Q 2021). Profit margin: 14% (up from 11% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 29Upcoming dividend of ₹17.50 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 31 July 2021. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.2%).Reported Earnings • Jun 23Full year 2021 earnings released: EPS ₹67.44 (vs ₹38.36 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹79.7b (up 2.6% from FY 2020). Net income: ₹11.1b (up 76% from FY 2020). Profit margin: 14% (up from 8.1% in FY 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Apr 24Price target increased to ₹1,925Up from ₹1,775, the current price target is an average from 25 analysts. New target price is approximately in line with last closing price of ₹2,018. Stock is up 159% over the past year.Reported Earnings • Apr 21Full year 2021 earnings released: EPS ₹67.44 (vs ₹38.36 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹79.7b (up 2.6% from FY 2020). Net income: ₹11.1b (up 76% from FY 2020). Profit margin: 14% (up from 8.1% in FY 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Apr 17Consensus EPS estimates increase to ₹82.39The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₹90.6b to ₹93.1b. EPS estimate increased from ₹74.51 to ₹82.39 per share. Net income forecast to grow 19% next year vs 23% growth forecast for IT industry in India. Consensus price target broadly unchanged at ₹1,775. Share price fell 7.1% to ₹2,070 over the past week.Recent Insider Transactions • Mar 31Lead Independent Director recently sold ₹40m worth of stockOn the 26th of March, Apurva Purohit sold around 2m shares on-market at roughly ₹23.42 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹9.8b more than they bought in the last 12 months.Is New 90 Day High Low • Mar 09New 90-day high: ₹1,796The company is up 23% from its price of ₹1,456 on 09 December 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹516 per share.Recent Insider Transactions • Feb 27Insider recently bought ₹159k worth of stockOn the 23rd of February, Vinit Teredesai bought around 100 shares on-market at roughly ₹1,587 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₹2.0m. Despite this recent purchase, insiders have collectively sold ₹9.8b more in shares than they bought in the last 12 months.Recent Insider Transactions • Jan 31Insider recently bought ₹2.5m worth of stockOn the 22nd of January, Ramaswamy Govindan bought around 1k shares on-market at roughly ₹1,789 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹12b more in shares than they bought in the last 12 months.Major Estimate Revision • Jan 25Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate increased from ₹58.63 to ₹66.45. Revenue estimate for the same period was approximately flat at ₹79.6b. Net income is expected to grow by 17% next year compared to 17% growth forecast for the IT industry in India. The consensus price target increased from ₹1,483 to ₹1,652. Share price is up 4.6% to ₹1,741 over the past week.Analyst Estimate Surprise Post Earnings • Jan 21Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Over the next year, revenue is forecast to grow 11%, compared to a 12% growth forecast for the IT industry in India.Reported Earnings • Jan 19Third quarter 2021 earnings released: EPS ₹19.82The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹20.9b (up 6.1% from 3Q 2020). Net income: ₹3.27b (up 66% from 3Q 2020). Profit margin: 16% (up from 10.0% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Jan 19Price target raised to ₹1,612Up from ₹1,483, the current price target is an average from 25 analysts. The new target price is close to the current share price of ₹1,682. As of last close, the stock is up 87% over the past year.Is New 90 Day High Low • Jan 08New 90-day high: ₹1,740The company is up 16% from its price of ₹1,504 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹494 per share.Recent Insider Transactions • Dec 27Vice President recently sold ₹8.0m worth of stockOn the 23rd of December, Prashant Mehra sold around 5k shares on-market at roughly ₹1,600 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹49m. Insiders have been net sellers, collectively disposing of ₹12b more than they bought in the last 12 months.Is New 90 Day High Low • Dec 23New 90-day high: ₹1,596The company is up 28% from its price of ₹1,248 on 24 September 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹469 per share.Recent Insider Transactions • Dec 09Insider recently sold ₹14m worth of stockOn the 4th of December, Krishnakumar Natarajan sold around 10k shares on-market at roughly ₹1,442 per share. In the last 3 months, they made an even bigger sale worth ₹2.1b. Insiders have been net sellers, collectively disposing of ₹12b more than they bought in the last 12 months.Recent Insider Transactions • Nov 28Insider recently sold ₹8.0m worth of stockOn the 24th of November, Krishnakumar Natarajan sold around 6k shares on-market at roughly ₹1,422 per share. In the last 3 months, they made an even bigger sale worth ₹2.1b. Insiders have been net sellers, collectively disposing of ₹12b more than they bought in the last 12 months.Upcoming Dividend • Oct 19Upcoming Dividend of ₹7.50 Per ShareWill be paid on the 11th of November to those who are registered shareholders by the 26th of October. The trailing yield of 1.3% is below the top quartile of Indian dividend payers (2.3%), but is in line with industry peers (1.3%).Analyst Estimate Surprise Post Earnings • Oct 16Second-quarter earnings released: Earnings beat expectations, revenue disappointsSecond-quarter revenue missed analyst estimates by 1.2% at ₹19.3b. Earnings per share (EPS) exceeded analyst estimates by 8.3% at ₹15.40. Revenue is forecast to grow 6.3% over the next year, compared to a 7.5% growth forecast for the IT industry in India.Reported Earnings • Oct 16First half earnings releasedOver the last 12 months the company has reported total profits of ₹8.70b, up 41% from the prior year. Total revenue was ₹78.7b over the last 12 months, up 6.7% from the prior year.Valuation Update With 7 Day Price Move • Oct 12Market bids up stock over the past weekAfter last week's 16% share price gain to ₹1,562, the stock is trading at a trailing P/E ratio of 34.2x, up from the previous P/E ratio of 29.6x. This compares to an average P/E of 18x in the IT industry in India. Total returns to shareholders over the past three years are 238%.Price Target Changed • Oct 07Price target raised to ₹1,159Up from ₹1,061, the current price target is an average from 27 analysts. The new target price is 17% below the current share price of ₹1,388. As of last close, the stock is up 92% over the past year.Is New 90 Day High Low • Oct 05New 90-day high: ₹1,349The company is up 37% from its price of ₹982 on 07 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹434 per share.Price Target Changed • Sep 24Price target raised to ₹1,059Up from ₹979, the current price target is an average from 26 analysts. The new target price is 15% below the current share price of ₹1,248. As of last close, the stock is up 79% over the past year.財務状況分析短期負債: MINDTREEの 短期資産 ( ₹63.8B ) が 短期負債 ( ₹21.6B ) を超えています。長期負債: MINDTREEの短期資産 ( ₹63.8B ) が 長期負債 ( ₹6.4B ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: MINDTREEは負債がありません。負債の削減: MINDTREE負債比率が9.9%であった 5 年前と比べて負債がありません。債務返済能力: MINDTREEには負債がないため、営業キャッシュフロー でカバーする必要はありません。インタレストカバレッジ: MINDTREEには負債がないため、利息支払い の負担は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/01/23 19:40終値2022/11/30 00:00収益2022/09/30年間収益2022/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Mindtree Limited 30 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。30 アナリスト機関Sushil Sharma360 ONE Capital Market Private LimitedSrivathsan RamachandranAvendus SparkPankaj KaduAxis Capital Limited27 その他のアナリストを表示
Recent Insider Transactions • Nov 06Board Member recently sold ₹8.5m worth of stockOn the 1st of November, Venugopal Lambu sold around 3k shares on-market at roughly ₹3,416 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹63m more than they bought in the last 12 months.
Recent Insider Transactions • Oct 29Board Member recently sold ₹8.5m worth of stockOn the 21st of October, Venugopal Lambu sold around 3k shares on-market at roughly ₹3,416 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹54m more than they bought in the last 12 months.
Reported Earnings • Oct 15Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: ₹30.86 (up from ₹24.21 in 2Q 2022). Revenue: ₹34.8b (up 34% from 2Q 2022). Net income: ₹5.09b (up 28% from 2Q 2022). Profit margin: 15% (in line with 2Q 2022). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 5.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Sep 23Insider recently sold ₹781k worth of stockOn the 16th of September, Khyati Shah sold around 250 shares on-market at roughly ₹3,122 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹4.6m. Insiders have been net sellers, collectively disposing of ₹58m more than they bought in the last 12 months.
Recent Insider Transactions • Aug 25General Counsel recently sold ₹4.6m worth of stockOn the 18th of August, Sonal Basu sold around 1k shares on-market at roughly ₹3,508 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹91m more than they bought in the last 12 months.
Recent Insider Transactions • Jul 27Insider recently sold ₹3.1m worth of stockOn the 21st of July, Subramanyam Putrevu sold around 1k shares on-market at roughly ₹3,088 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹83m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Jul 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹3,214, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 25x in the IT industry in India. Total returns to shareholders of 381% over the past three years.
Price Target Changed • Jul 15Price target decreased to ₹3,427Down from ₹3,686, the current price target is an average from 34 analysts. New target price is 21% above last closing price of ₹2,829. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of ₹117 for next year compared to ₹100 last year.
Price Target Changed • Jul 06Price target decreased to ₹3,697Down from ₹3,997, the current price target is an average from 30 analysts. New target price is 29% above last closing price of ₹2,861. Stock is up 12% over the past year. The company is forecast to post earnings per share of ₹115 for next year compared to ₹100 last year.
Upcoming Dividend • Jun 28Upcoming dividend of ₹27.00 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Indian dividend payers (1.9%). Lower than average of industry peers (1.8%).
Reported Earnings • Jun 19Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: ₹100 (up from ₹67.44 in FY 2021). Revenue: ₹105.3b (up 32% from FY 2021). Net income: ₹16.5b (up 49% from FY 2021). Profit margin: 16% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 22%, compared to a 15% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • May 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be ₹3,460, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.
Board Change • Apr 27High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Additional Executive Director & President of Global Markets Venu Lambu was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 19Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: ₹100 (up from ₹67.44 in FY 2021). Revenue: ₹108.3b (up 36% from FY 2021). Net income: ₹16.5b (up 49% from FY 2021). Profit margin: 15% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 18%, compared to a 16% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Mar 11Chief Business Officer recently sold ₹9.9m worth of stockOn the 9th of March, Vijayaram Parupudi sold around 2k shares on-market at roughly ₹4,120 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹90m more than they bought in the last 12 months.
Recent Insider Transactions • Mar 05Insider recently sold ₹7.8m worth of stockOn the 28th of February, Suresh Gurumurthy sold around 2k shares on-market at roughly ₹3,882 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹80m more than they bought in the last 12 months.
Recent Insider Transactions • Feb 24Insider recently sold ₹3.9m worth of stockOn the 21st of February, Suresh Gurumurthy sold around 1k shares on-market at roughly ₹3,863 per share. In the last 3 months, they made an even bigger sale worth ₹4.7m. Insiders have been net sellers, collectively disposing of ₹72m more than they bought in the last 12 months.
Reported Earnings • Jan 14Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: ₹26.55 (up from ₹19.82 in 3Q 2021). Revenue: ₹28.2b (up 39% from 3Q 2021). Net income: ₹4.38b (up 34% from 3Q 2021). Profit margin: 16% (in line with 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.0%. Earnings per share (EPS) surpassed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 22%, compared to a 16% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Jan 14Price target increased to ₹4,550Up from ₹4,224, the current price target is an average from 30 analysts. New target price is approximately in line with last closing price of ₹4,548. Stock is up 168% over the past year. The company is forecast to post earnings per share of ₹97.64 for next year compared to ₹67.44 last year.
Recent Insider Transactions • Dec 10Insider recently sold ₹4.6m worth of stockOn the 8th of December, Suresh Gurumurthy sold around 1k shares on-market at roughly ₹4,620 per share. In the last 3 months, they made an even bigger sale worth ₹27m. Insiders have been net sellers, collectively disposing of ₹79m more than they bought in the last 12 months.
Recent Insider Transactions • Nov 26Insider recently sold ₹2.4m worth of stockOn the 24th of November, Suresh Gurumurthy sold around 500 shares on-market at roughly ₹4,837 per share. In the last 3 months, they made an even bigger sale worth ₹27m. Insiders have been net sellers, collectively disposing of ₹224m more than they bought in the last 12 months.
Recent Insider Transactions • Oct 22Insider recently sold ₹16m worth of stockOn the 20th of October, Sonal Basu sold around 3k shares on-market at roughly ₹4,754 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹27m. Insiders have been net sellers, collectively disposing of ₹230m more than they bought in the last 12 months.
Reported Earnings • Oct 14Second quarter 2022 earnings released: EPS ₹24.21 (vs ₹15.41 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹26.6b (up 38% from 2Q 2021). Net income: ₹3.99b (up 57% from 2Q 2021). Profit margin: 15% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Oct 06Price target increased to ₹3,141Up from ₹2,768, the current price target is an average from 26 analysts. New target price is 25% below last closing price of ₹4,173. Stock is up 201% over the past year.
Price Target Changed • Oct 01Price target increased to ₹2,807Up from ₹2,608, the current price target is an average from 27 analysts. New target price is 33% below last closing price of ₹4,200. Stock is up 214% over the past year.
Recent Insider Transactions • Sep 25Insider recently sold ₹27m worth of stockOn the 21st of September, Suresh Gurumurthy sold around 7k shares on-market at roughly ₹4,181 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹214m more than they bought in the last 12 months.
Price Target Changed • Sep 24Price target increased to ₹2,738Up from ₹2,527, the current price target is an average from 27 analysts. New target price is 40% below last closing price of ₹4,601. Stock is up 263% over the past year.
Recent Insider Transactions • Sep 08Insider recently sold ₹1.9m worth of stockOn the 6th of September, Madhup Jain sold around 500 shares on-market at roughly ₹3,820 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹2.1b more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹3,501, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 32x in the IT industry in India. Total returns to shareholders of 256% over the past three years.
Recent Insider Transactions • Aug 03Insider recently bought ₹1.2m worth of stockOn the 30th of July, Ramaswamy Govindan bought around 400 shares on-market at roughly ₹2,922 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹5.9b more in shares than they bought in the last 12 months.
Price Target Changed • Jul 15Price target increased to ₹2,364Up from ₹2,162, the current price target is an average from 26 analysts. New target price is 13% below last closing price of ₹2,732. Stock is up 171% over the past year.
Reported Earnings • Jul 14First quarter 2022 earnings released: EPS ₹20.85 (vs ₹12.94 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹23.6b (up 24% from 1Q 2021). Net income: ₹3.43b (up 61% from 1Q 2021). Profit margin: 14% (up from 11% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 29Upcoming dividend of ₹17.50 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 31 July 2021. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.2%).
Reported Earnings • Jun 23Full year 2021 earnings released: EPS ₹67.44 (vs ₹38.36 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹79.7b (up 2.6% from FY 2020). Net income: ₹11.1b (up 76% from FY 2020). Profit margin: 14% (up from 8.1% in FY 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Apr 24Price target increased to ₹1,925Up from ₹1,775, the current price target is an average from 25 analysts. New target price is approximately in line with last closing price of ₹2,018. Stock is up 159% over the past year.
Reported Earnings • Apr 21Full year 2021 earnings released: EPS ₹67.44 (vs ₹38.36 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹79.7b (up 2.6% from FY 2020). Net income: ₹11.1b (up 76% from FY 2020). Profit margin: 14% (up from 8.1% in FY 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Apr 17Consensus EPS estimates increase to ₹82.39The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₹90.6b to ₹93.1b. EPS estimate increased from ₹74.51 to ₹82.39 per share. Net income forecast to grow 19% next year vs 23% growth forecast for IT industry in India. Consensus price target broadly unchanged at ₹1,775. Share price fell 7.1% to ₹2,070 over the past week.
Recent Insider Transactions • Mar 31Lead Independent Director recently sold ₹40m worth of stockOn the 26th of March, Apurva Purohit sold around 2m shares on-market at roughly ₹23.42 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹9.8b more than they bought in the last 12 months.
Is New 90 Day High Low • Mar 09New 90-day high: ₹1,796The company is up 23% from its price of ₹1,456 on 09 December 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹516 per share.
Recent Insider Transactions • Feb 27Insider recently bought ₹159k worth of stockOn the 23rd of February, Vinit Teredesai bought around 100 shares on-market at roughly ₹1,587 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₹2.0m. Despite this recent purchase, insiders have collectively sold ₹9.8b more in shares than they bought in the last 12 months.
Recent Insider Transactions • Jan 31Insider recently bought ₹2.5m worth of stockOn the 22nd of January, Ramaswamy Govindan bought around 1k shares on-market at roughly ₹1,789 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹12b more in shares than they bought in the last 12 months.
Major Estimate Revision • Jan 25Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate increased from ₹58.63 to ₹66.45. Revenue estimate for the same period was approximately flat at ₹79.6b. Net income is expected to grow by 17% next year compared to 17% growth forecast for the IT industry in India. The consensus price target increased from ₹1,483 to ₹1,652. Share price is up 4.6% to ₹1,741 over the past week.
Analyst Estimate Surprise Post Earnings • Jan 21Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Over the next year, revenue is forecast to grow 11%, compared to a 12% growth forecast for the IT industry in India.
Reported Earnings • Jan 19Third quarter 2021 earnings released: EPS ₹19.82The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹20.9b (up 6.1% from 3Q 2020). Net income: ₹3.27b (up 66% from 3Q 2020). Profit margin: 16% (up from 10.0% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Jan 19Price target raised to ₹1,612Up from ₹1,483, the current price target is an average from 25 analysts. The new target price is close to the current share price of ₹1,682. As of last close, the stock is up 87% over the past year.
Is New 90 Day High Low • Jan 08New 90-day high: ₹1,740The company is up 16% from its price of ₹1,504 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹494 per share.
Recent Insider Transactions • Dec 27Vice President recently sold ₹8.0m worth of stockOn the 23rd of December, Prashant Mehra sold around 5k shares on-market at roughly ₹1,600 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹49m. Insiders have been net sellers, collectively disposing of ₹12b more than they bought in the last 12 months.
Is New 90 Day High Low • Dec 23New 90-day high: ₹1,596The company is up 28% from its price of ₹1,248 on 24 September 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹469 per share.
Recent Insider Transactions • Dec 09Insider recently sold ₹14m worth of stockOn the 4th of December, Krishnakumar Natarajan sold around 10k shares on-market at roughly ₹1,442 per share. In the last 3 months, they made an even bigger sale worth ₹2.1b. Insiders have been net sellers, collectively disposing of ₹12b more than they bought in the last 12 months.
Recent Insider Transactions • Nov 28Insider recently sold ₹8.0m worth of stockOn the 24th of November, Krishnakumar Natarajan sold around 6k shares on-market at roughly ₹1,422 per share. In the last 3 months, they made an even bigger sale worth ₹2.1b. Insiders have been net sellers, collectively disposing of ₹12b more than they bought in the last 12 months.
Upcoming Dividend • Oct 19Upcoming Dividend of ₹7.50 Per ShareWill be paid on the 11th of November to those who are registered shareholders by the 26th of October. The trailing yield of 1.3% is below the top quartile of Indian dividend payers (2.3%), but is in line with industry peers (1.3%).
Analyst Estimate Surprise Post Earnings • Oct 16Second-quarter earnings released: Earnings beat expectations, revenue disappointsSecond-quarter revenue missed analyst estimates by 1.2% at ₹19.3b. Earnings per share (EPS) exceeded analyst estimates by 8.3% at ₹15.40. Revenue is forecast to grow 6.3% over the next year, compared to a 7.5% growth forecast for the IT industry in India.
Reported Earnings • Oct 16First half earnings releasedOver the last 12 months the company has reported total profits of ₹8.70b, up 41% from the prior year. Total revenue was ₹78.7b over the last 12 months, up 6.7% from the prior year.
Valuation Update With 7 Day Price Move • Oct 12Market bids up stock over the past weekAfter last week's 16% share price gain to ₹1,562, the stock is trading at a trailing P/E ratio of 34.2x, up from the previous P/E ratio of 29.6x. This compares to an average P/E of 18x in the IT industry in India. Total returns to shareholders over the past three years are 238%.
Price Target Changed • Oct 07Price target raised to ₹1,159Up from ₹1,061, the current price target is an average from 27 analysts. The new target price is 17% below the current share price of ₹1,388. As of last close, the stock is up 92% over the past year.
Is New 90 Day High Low • Oct 05New 90-day high: ₹1,349The company is up 37% from its price of ₹982 on 07 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹434 per share.
Price Target Changed • Sep 24Price target raised to ₹1,059Up from ₹979, the current price target is an average from 26 analysts. The new target price is 15% below the current share price of ₹1,248. As of last close, the stock is up 79% over the past year.