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Mindteck (India)

BSE:517344
Snowflake Description

Excellent balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
517344
BSE
₹978M
Market Cap
  1. Home
  2. IN
  3. Software
Company description

Mindteck (India) Limited provides product engineering and information technology (IT) services worldwide. The last earnings update was 67 days ago. More info.


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517344 Share Price and Events
7 Day Returns
-4.3%
BSE:517344
2.6%
IN IT
0.8%
IN Market
1 Year Returns
-46.5%
BSE:517344
19.3%
IN IT
-0.7%
IN Market
517344 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mindteck (India) (517344) -4.3% 4.4% -1.7% -46.5% -60.1% 33.2%
IN IT 2.6% 4.6% 8.5% 19.3% 49.1% 80.2%
IN Market 0.8% 2.8% 5.9% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • 517344 underperformed the IT industry which returned 19.3% over the past year.
  • 517344 underperformed the Market in India which returned -0.7% over the past year.
Price Volatility
517344
Industry
5yr Volatility vs Market

Value

 Is Mindteck (India) undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Mindteck (India). This is due to cash flow or dividend data being unavailable. The share price is ₹38.3.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Mindteck (India)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mindteck (India)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:517344 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹-3.30
BSE:517344 Share Price ** BSE (2019-04-22) in INR ₹38.3
India IT Industry PE Ratio Median Figure of 84 Publicly-Listed IT Companies 16.19x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Mindteck (India).

BSE:517344 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:517344 Share Price ÷ EPS (both in INR)

= 38.3 ÷ -3.30

-11.62x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mindteck (India) is loss making, we can't compare its value to the IN IT industry average.
  • Mindteck (India) is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Mindteck (India)'s expected growth come at a high price?
Raw Data
BSE:517344 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -11.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
35%per year
India IT Industry PEG Ratio Median Figure of 21 Publicly-Listed IT Companies 1.32x
India Market PEG Ratio Median Figure of 585 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Mindteck (India), we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mindteck (India)'s assets?
Raw Data
BSE:517344 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹79.00
BSE:517344 Share Price * BSE (2019-04-22) in INR ₹38.3
India IT Industry PB Ratio Median Figure of 108 Publicly-Listed IT Companies 1.36x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
BSE:517344 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:517344 Share Price ÷ Book Value per Share (both in INR)

= 38.3 ÷ 79.00

0.48x

* Primary Listing of Mindteck (India).

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mindteck (India) is good value based on assets compared to the IN IT industry average.
X
Value checks
We assess Mindteck (India)'s value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Mindteck (India) has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Mindteck (India) expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Mindteck (India), future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
35%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mindteck (India) expected to grow at an attractive rate?
  • Mindteck (India)'s earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Mindteck (India)'s earnings growth is expected to exceed the India market average.
  • Unable to compare Mindteck (India)'s revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:517344 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:517344 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 35%
India IT Industry Earnings Growth Rate Market Cap Weighted Average 9.5%
India IT Industry Revenue Growth Rate Market Cap Weighted Average 9.4%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:517344 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:517344 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 2,910 -78
2018-09-30 2,927 -63
2018-06-30 2,936 -68
2018-03-31 2,968 39 -57
2017-12-31 3,116 87
2017-09-30 3,262 81
2017-06-30 3,402 111
2017-03-31 3,417 -116 93
2016-12-31 3,343 104
2016-09-30 3,216 200
2016-06-30 3,107 243
2016-03-31 3,116 180 259

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Mindteck (India)'s earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Mindteck (India) is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:517344 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Mindteck (India) Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:517344 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 -3.30
2018-09-30 -2.49
2018-06-30 -2.73
2018-03-31 -2.26
2017-12-31 3.47
2017-09-30 3.27
2017-06-30 4.46
2017-03-31 3.74
2016-12-31 4.18
2016-09-30 8.07
2016-06-30 9.82
2016-03-31 10.50

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Mindteck (India) will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Mindteck (India)'s future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Mindteck (India) has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Mindteck (India) performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Mindteck (India)'s growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Mindteck (India) does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Mindteck (India)'s 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Mindteck (India)'s 1-year growth to the IN IT industry average as it is not currently profitable.
Earnings and Revenue History
Mindteck (India)'s revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Mindteck (India) Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:517344 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 2,910.12 -78.31 93.74
2018-09-30 2,927.02 -62.61 93.74
2018-06-30 2,936.22 -68.31 93.74
2018-03-31 2,968.42 -56.51 93.74
2017-12-31 3,116.34 86.73 92.04
2017-09-30 3,261.92 81.31 92.04
2017-06-30 3,401.83 110.98
2017-03-31 3,416.56 92.88 100.63
2016-12-31 3,343.15 103.62 85.30
2016-09-30 3,215.78 199.76 85.30
2016-06-30 3,106.73 243.01
2016-03-31 3,116.30 259.27 85.30
2015-12-31 3,097.04 270.90 237.16
2015-09-30 3,135.74 220.08 237.16
2015-06-30 3,169.26 192.26 237.16
2015-03-31 3,191.48 191.96 87.63
2014-12-31 3,250.85 199.96 238.77
2014-09-30 3,309.18 199.35 238.77
2014-06-30 3,349.27 203.28 238.77
2014-03-31 3,288.12 186.14 238.77
2013-12-31 3,163.80 145.72 242.22
2013-09-30 2,971.66 109.51 242.22
2013-06-30 2,768.66 68.51
2013-03-31 2,643.17 10.60 242.22
2012-12-31 2,511.24 -4.00 224.56
2012-06-30 2,338.67 -73.50 224.56

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Mindteck (India) has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Mindteck (India) has efficiently used its assets last year compared to the IN IT industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Mindteck (India) improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Mindteck (India)'s performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Mindteck (India) has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Mindteck (India)'s financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Mindteck (India)'s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mindteck (India) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mindteck (India)'s cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Mindteck (India)'s finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4369.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Mindteck (India) Company Filings, last reported 3 months ago.

BSE:517344 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,963.60 0.30 505.00
2018-09-30 1,963.60 0.30 505.00
2018-06-30 1,917.54 0.14 358.27
2018-03-31 1,917.54 0.14 358.27
2017-12-31 1,950.26 0.10 476.90
2017-09-30 1,950.26 0.10 476.90
2017-06-30 1,997.80 10.07 391.45
2017-03-31 1,965.41 10.07 390.58
2016-12-31 1,965.26 0.00 360.39
2016-09-30 1,965.26 0.00 360.39
2016-06-30 1,892.84 0.00 505.41
2016-03-31 1,892.84 0.00 505.41
2015-12-31 1,784.90 0.03 434.92
2015-09-30 1,784.90 0.03 434.92
2015-06-30 1,635.25 0.00 343.94
2015-03-31 1,635.25 0.00 343.94
2014-12-31 1,528.67 0.17 188.09
2014-09-30 1,528.67 0.17 188.09
2014-06-30 1,470.85 0.00 153.95
2014-03-31 1,470.85 0.00 153.95
2013-12-31 1,364.70 8.07 116.67
2013-09-30 1,364.70 8.07 116.67
2013-06-30 1,287.69 14.91 79.94
2013-03-31 1,287.69 41.61 77.08
2012-12-31
2012-06-30 1,264.30 0.00 106.06
  • Mindteck (India)'s level of debt (0%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (0.6% vs 0% today).
  • Debt is well covered by operating cash flow (12903.3%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Mindteck (India)'s debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Mindteck (India)'s financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Mindteck (India) has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Mindteck (India)'s current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.61%
Current annual income from Mindteck (India) dividends.
If you bought ₹2,000 of Mindteck (India) shares you are expected to receive ₹52 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Mindteck (India)'s pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • Mindteck (India)'s dividend is above the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:517344 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India IT Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 1.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:517344 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-05-29 1.000 2.395
2017-08-14 1.000 1.460
2017-06-08 1.000 1.294
2017-05-22 1.000 1.266
2016-08-16 1.000 1.185
2016-05-20 1.000 1.136
2015-05-29 1.000 1.165
2014-08-14 1.000 1.536
2011-08-11 0.000 0.000
2011-05-13 0.000 0.000
2011-02-11 0.000 0.000
2010-11-10 0.000 0.000
2010-08-11 0.000 0.000
2010-05-17 0.000 0.000
2009-04-23 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Mindteck (India) has been paying a dividend for less than 10 years.
  • Mindteck (India) has only been paying a dividend for 5 years, and since then there has been no growth.
Current Payout to shareholders
What portion of Mindteck (India)'s earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Mindteck (India)'s dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Mindteck (India) afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mindteck (India) has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Mindteck (India)'s salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sanjeev Kathpalia
COMPENSATION ₹12,537,504
AGE 65
TENURE AS CEO 2.1 years
CEO Bio

Mr. Sanjeev Kathpalia has been Chief Executive Officer and Managing Director of Mindteck (India) Limited since March 1, 2017 and has been its Additional Director since February 10, 2017.

CEO Compensation
  • Sanjeev's compensation has been consistent with company performance over the past year.
  • Sanjeev's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Mindteck (India) management team in years:

1.4
Average Tenure
52
Average Age
  • The average tenure for the Mindteck (India) management team is less than 2 years, this suggests a new team.
Management Team

Sanjeev Kathpalia

TITLE
CEO, MD & Director
COMPENSATION
₹13M
AGE
65
TENURE
2.1 yrs

Prashanth Idgunji

TITLE
Chief Financial Officer
COMPENSATION
₹8M
AGE
52
TENURE
1.4 yrs

Anand Balakrishnan

TITLE
Chief Operating Officer
COMPENSATION
₹6M
TENURE
0.3 yrs

Surjit Lahiri

TITLE
Vice President of Technology
AGE
48
TENURE
0.3 yrs

Shivarama Adiga

TITLE
Chief Compliance Officer
COMPENSATION
₹4M
AGE
60

Arup Banerjee

TITLE
Senior Vice President of Managed Services - ROW Sales
AGE
52

Karen Stark

TITLE
Senior Vice President of Marketing & Communications

Mahendra Gangadharan

TITLE
Chief People Officer
TENURE
1.4 yrs

Santhosh Nagaraj

TITLE
Senior Vice President of US Sales

Shreerama Muniyoor

TITLE
Senior Vice President of Delivery
Board of Directors Tenure

Average tenure and age of the Mindteck (India) board of directors in years:

3.5
Average Tenure
63
Average Age
  • The tenure for the Mindteck (India) board of directors is about average.
Board of Directors

Yusuf Lanewala

TITLE
Non-Executive Chairman
COMPENSATION
₹1M
AGE
64
TENURE
5.5 yrs

Sanjeev Kathpalia

TITLE
CEO, MD & Director
COMPENSATION
₹13M
AGE
65
TENURE
2.3 yrs

Satish Menon

TITLE
Additional Independent Director
AGE
60
TENURE
0.9 yrs

Jagdish Malkani

TITLE
Independent Director
COMPENSATION
₹350K
AGE
62
TENURE
5.7 yrs

Prochie Mukherji

TITLE
Independent Director
COMPENSATION
₹275K
AGE
69
TENURE
4 yrs

Guhan Subramaniam

TITLE
Independent Director
COMPENSATION
₹350K
AGE
64
TENURE
2.9 yrs

Meenaz Dhanani

TITLE
Non-Executive Director
AGE
61
TENURE
5.5 yrs

Subhash Dhar

TITLE
Independent Director
AGE
52
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
30. Apr 18 Sell Yusuf Lanewala Individual 26. Apr 18 26. Apr 18 -5,330 ₹69.70 ₹-371,487
30. Apr 18 Sell Yusuf Lanewala Individual 26. Apr 18 27. Apr 18 -25,000 ₹69.49 ₹-1,737,068
X
Management checks
We assess Mindteck (India)'s management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Mindteck (India) has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

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Description

Mindteck (India) Limited provides product engineering and information technology (IT) services worldwide. It offers smart grid communication services, OEM/system solutions, data center and in-premises energy management services, and IT application solutions; embedded design, embedded verification and validation, and system services; product lifecycle management consulting, advisory, system implementation and administration, and system services; validation/testing, program management, and system integration/data migration services; and SAP solutions. The company also provides mobile strategy consulting, user experience, design and development, and mobility testing services; hybrid cloud appliance, interoperable cloud storage, and business data analytics services; business intelligence, data/information management, and big data services, as well as advanced analytics and analytics on unstructured data; and IT security services. In addition, it offers system and integration, specialized, software product, and cloud based testing services, as well as test strategy, automation, and infrastructure services; product engineering, re-engineering, and sustenance services; and data center transformation and IT infrastructure management services. Additionally, the company provides custom application development, application maintenance and management, legacy modernization, and performance engineering and enhancement services; application and enterprise systems integration, business process management, packaged application, SAP, and service oriented architecture services; and IT talent and smart city solutions. It serves the Fortune 1000 companies, start-ups, universities, and various government entities. The company was formerly known as Hinditron Informatics Limited and changed its name to Mindteck (India) Limited in September 1999. The company was founded in 1991 and is headquartered in Bengaluru, India. Mindteck (India) Limited is a subsidiary of Embtech Holdings Limited.

Details
Name: Mindteck (India) Limited
517344
Exchange: BSE
Founded: 1991
₹977,988,842
25,205,898
Website: http://www.mindteck.com
Address: Mindteck (India) Limited
AMR Tech Park,
Block-1, 3rd Floor,
Bengaluru,
Karnataka, 560068,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 517344 Equity Shares Mumbai Stock Exchange IN INR 11. Dec 2003
NSEI MINDTECK Equity Shares National Stock Exchange of India IN INR 11. Dec 2003
Number of employees
Current staff
Staff numbers
1,059
Mindteck (India) employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 12:43
End of day share price update: 2019/04/22 00:00
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.