Mindpool Technologies
Market Cap
₹61.4m
Last Updated
2020/02/18 13:19 UTC
Data Sources
Company Financials
Executive Summary
Mindpool Technologies Limited provides IT staffing and recruitment services in India, the United States, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and fair value.
Share Price & News
How has Mindpool Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MINDPOOL's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
MINDPOOL
2.2%
IN IT
-1.5%
IN Market
1 Year Return
n/a
MINDPOOL
11.0%
IN IT
10.7%
IN Market
Return vs Industry: Insufficient data to determine how MINDPOOL performed against the Indian IT industry.
Return vs Market: Insufficient data to determine how MINDPOOL performed against the Indian Market.
Shareholder returns
| MINDPOOL | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 2.2% | -1.5% |
| 30 Day | -3.3% | 1.2% | -2.7% |
| 90 Day | -20.5% | 6.8% | 1.3% |
| 1 Year | n/a | 13.9%11.0% | 12.7%10.7% |
| 3 Year | n/a | 72.5%62.5% | 22.0%15.1% |
| 5 Year | n/a | 57.2%42.8% | 34.5%22.0% |
Price Volatility Vs. Market
How volatile is Mindpool Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
What Kind Of Shareholder Appears On The Mindpool Technologies Limited's (NSE:MINDPOOL) Shareholder Register?3 months ago | Simply Wall St
Do You Know What Mindpool Technologies Limited's (NSE:MINDPOOL) P/E Ratio Means?4 months ago | Simply Wall St
Why Mindpool Technologies Limited’s (NSE:MINDPOOL) Return On Capital Employed Looks UninspiringValuation
Is Mindpool Technologies undervalued compared to its fair value and its price relative to the market?
8.1x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MINDPOOL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MINDPOOL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MINDPOOL is good value based on its PE Ratio (8.1x) compared to the IT industry average (11.3x).
PE vs Market: MINDPOOL is good value based on its PE Ratio (8.1x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MINDPOOL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MINDPOOL is good value based on its PB Ratio (0.4x) compared to the IN IT industry average (0.9x).
Next Steps
Future Growth
How is Mindpool Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
9.3%
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mindpool Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Mindpool Technologies is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Mindpool Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
Past Performance
How has Mindpool Technologies performed over the past 5 years?
41.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MINDPOOL has high quality earnings.
Growing Profit Margin: MINDPOOL's current net profit margins (3%) are lower than last year (7.7%).
Past Earnings Growth Analysis
Earnings Trend: MINDPOOL's earnings have grown significantly by 41% per year over the past 5 years.
Accelerating Growth: MINDPOOL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MINDPOOL had negative earnings growth (-59.1%) over the past year, making it difficult to compare to the IT industry average (7.4%).
Return on Equity
High ROE: MINDPOOL's Return on Equity (4.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Mindpool Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: MINDPOOL's short term assets (₹145.3M) do not cover its short term liabilities (₹-2.3M).
Long Term Liabilities: MINDPOOL's short term assets (₹145.3M) exceed its long term liabilities (₹158.0K).
Debt to Equity History and Analysis
Debt Level: MINDPOOL is debt free.
Reducing Debt: MINDPOOL had no debt 5 years ago.
Debt Coverage: MINDPOOL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MINDPOOL has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: MINDPOOL has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if MINDPOOL's debt is covered by short term assets.
Next Steps
Dividend
What is Mindpool Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate MINDPOOL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MINDPOOL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MINDPOOL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MINDPOOL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MINDPOOL's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.8yrs
Average management tenure
CEO
Ritesh Sharma (42yo)
1.9yrs
Tenure
₹1,773,242
Compensation
Mr. Ritesh Ramavtar Sharma has been Chairman and Managing Director of Mindpool Technologies Limited and has been its Director since February 22, 2011. Mr. Sharma has many years of experience in the IT staf ...
CEO Compensation Analysis
Compensation vs Market: Ritesh's total compensation ($USD24.85K) is below average for companies of similar size in the Indian market ($USD50.25K).
Compensation vs Earnings: Insufficient data to compare Ritesh's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 1.9yrs | ₹1.77m | 35.75% ₹22.0m | |
| Whole Time Director | 9yrs | ₹1.17m | 35.52% ₹21.8m | |
| Chief Financial Officer | 0.8yrs | no data | no data | |
| Company Secretary & Compliance Officer | 0.8yrs | no data | no data | |
| Senior Sales Manager | 0yrs | no data | no data | |
| Head of HR | 0yrs | no data | no data | |
| Head of Recruitment | 0yrs | no data | no data |
0.8yrs
Average Tenure
Experienced Management: MINDPOOL's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 1.9yrs | ₹1.77m | 35.75% ₹22.0m | |
| Whole Time Director | 9yrs | ₹1.17m | 35.52% ₹21.8m | |
| Non Executive Non Independent Director | 1.9yrs | no data | no data | |
| Non-Executive Independent Director | 1.9yrs | no data | no data | |
| Non-Executive Independent Director | 1.9yrs | no data | no data | |
| Independent Director | 1.1yrs | no data | no data |
1.9yrs
Average Tenure
43yo
Average Age
Experienced Board: MINDPOOL's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: MINDPOOL only recently listed within the past 12 months, with total shares outstanding growing by 21.2% in the past year..
Top Shareholders
Company Information
Mindpool Technologies Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Mindpool Technologies Limited
- Ticker: MINDPOOL
- Exchange: NSEI
- Founded: 2011
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: ₹61.444m
- Shares outstanding: 4.24m
- Website: https://www.mindpooltech.com
Location
- Mindpool Technologies Limited
- A-301, Delta-1 Building
- 3rd Floor
- Pune
- Maharashtra
- 411014
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MINDPOOL | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Feb 2019 |
Biography
Mindpool Technologies Limited provides IT staffing and recruitment services in India, the United States, and internationally. The company offers third party payroll services; Oracle consultancy services, such as upgrade and support; and Web application development services, such as custom Web application development, Web application development modernization, and application integration and re-engineering. In also provides mobile application development services, including native and hybrid mobile app development, mobile application re-engineering, and existing mobile app conversion; and contract and permanent staffing, campus recruitment, start-up hiring, recruitment process outsourcing, and corporate training services. The company serves IT software, healthcare, engineering and manufacturing, retail, telecommunication, and media and entertainment industries, as well as the banking, financial services, and insurance industry. Mindpool Technologies Limited was incorporated in 2011 and is based in Pune, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/18 13:19 |
| End of Day Share Price | 2020/02/06 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.