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Mindteck (India) NSEI:MINDTECK Stock Report

Last Price

₹294.80

Market Cap

₹7.5b

7D

10.5%

1Y

136.3%

Updated

18 Apr, 2024

Data

Company Financials

Mindteck (India) Limited

NSEI:MINDTECK Stock Report

Market Cap: ₹7.5b

MINDTECK Stock Overview

Mindteck (India) Limited provides engineering and information technology (IT) services in the United States, India, and internationally.

MINDTECK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends3/6

Mindteck (India) Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mindteck (India)
Historical stock prices
Current Share Price₹294.80
52 Week High₹319.80
52 Week Low₹116.55
Beta0.76
1 Month Change67.79%
3 Month Change21.97%
1 Year Change136.31%
3 Year Change581.62%
5 Year Change676.81%
Change since IPO211.46%

Recent News & Updates

Mindteck (India) Limited's (NSE:MINDTECK) Shares Lagging The Market But So Is The Business

Mar 12
Mindteck (India) Limited's (NSE:MINDTECK) Shares Lagging The Market But So Is The Business

Recent updates

Mindteck (India) Limited's (NSE:MINDTECK) Shares Lagging The Market But So Is The Business

Mar 12
Mindteck (India) Limited's (NSE:MINDTECK) Shares Lagging The Market But So Is The Business

Mindteck (India) (NSE:MINDTECK) Shareholders Will Want The ROCE Trajectory To Continue

Sep 29
Mindteck (India) (NSE:MINDTECK) Shareholders Will Want The ROCE Trajectory To Continue

Mindteck (India) (NSE:MINDTECK) Has Affirmed Its Dividend Of ₹1.00

Jul 21
Mindteck (India) (NSE:MINDTECK) Has Affirmed Its Dividend Of ₹1.00

Investors Will Want Mindteck (India)'s (NSE:MINDTECK) Growth In ROCE To Persist

Jun 08
Investors Will Want Mindteck (India)'s (NSE:MINDTECK) Growth In ROCE To Persist

Mindteck (India)'s (NSE:MINDTECK) Returns On Capital Are Heading Higher

Feb 03
Mindteck (India)'s (NSE:MINDTECK) Returns On Capital Are Heading Higher

Mindteck (India) (NSE:MINDTECK) Is Doing The Right Things To Multiply Its Share Price

Oct 08
Mindteck (India) (NSE:MINDTECK) Is Doing The Right Things To Multiply Its Share Price

Investors Give Mindteck (India) Limited (NSE:MINDTECK) Shares A 26% Hiding

Jun 17
Investors Give Mindteck (India) Limited (NSE:MINDTECK) Shares A 26% Hiding

There's Been No Shortage Of Growth Recently For Mindteck (India)'s (NSE:MINDTECK) Returns On Capital

Apr 07
There's Been No Shortage Of Growth Recently For Mindteck (India)'s (NSE:MINDTECK) Returns On Capital

Mindteck (India) (NSE:MINDTECK) Shareholders Will Want The ROCE Trajectory To Continue

Dec 01
Mindteck (India) (NSE:MINDTECK) Shareholders Will Want The ROCE Trajectory To Continue

Mindteck (India) (NSE:MINDTECK) Seems To Use Debt Rather Sparingly

Aug 17
Mindteck (India) (NSE:MINDTECK) Seems To Use Debt Rather Sparingly

Mindteck (India)'s (NSE:MINDTECK) Returns Have Hit A Wall

Jul 13
Mindteck (India)'s (NSE:MINDTECK) Returns Have Hit A Wall

We Think Mindteck (India)'s (NSE:MINDTECK) Robust Earnings Are Conservative

Jun 04
We Think Mindteck (India)'s (NSE:MINDTECK) Robust Earnings Are Conservative

We Think Mindteck (India) (NSE:MINDTECK) Can Manage Its Debt With Ease

Mar 08
We Think Mindteck (India) (NSE:MINDTECK) Can Manage Its Debt With Ease

Is Mindteck (India) (NSE:MINDTECK) Shrinking?

Jan 14
Is Mindteck (India) (NSE:MINDTECK) Shrinking?

We Think Mindteck (India) (NSE:MINDTECK) Can Manage Its Debt With Ease

Nov 22
We Think Mindteck (India) (NSE:MINDTECK) Can Manage Its Debt With Ease

Shareholder Returns

MINDTECKIN ITIN Market
7D10.5%-4.3%-2.5%
1Y136.3%25.7%44.5%

Return vs Industry: MINDTECK exceeded the Indian IT industry which returned 26.1% over the past year.

Return vs Market: MINDTECK exceeded the Indian Market which returned 45.3% over the past year.

Price Volatility

Is MINDTECK's price volatile compared to industry and market?
MINDTECK volatility
MINDTECK Average Weekly Movement11.4%
IT Industry Average Movement6.9%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.3%

Stable Share Price: MINDTECK's share price has been volatile over the past 3 months.

Volatility Over Time: MINDTECK's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1991716Anand Balakrishnanwww.mindteck.com

Mindteck (India) Limited provides engineering and information technology (IT) services in the United States, India, and internationally. The company offers cybersecurity, product development, software applications, Internet of Things (IoT) solution deployment and commissioning, and IoT enablement consulting services; embedded design, embedded verification and validation services, and system solutions; product lifecycle management consulting, advisory, system implementation and administration, system validation/testing, program management, and system integration/data migration services. It 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, information/data management, big data services, advanced analytics, and analytics on unstructured data; and IT security services.

Mindteck (India) Limited Fundamentals Summary

How do Mindteck (India)'s earnings and revenue compare to its market cap?
MINDTECK fundamental statistics
Market cap₹7.48b
Earnings (TTM)₹262.40m
Revenue (TTM)₹3.76b

28.5x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MINDTECK income statement (TTM)
Revenue₹3.76b
Cost of Revenue₹3.17b
Gross Profit₹598.60m
Other Expenses₹336.20m
Earnings₹262.40m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 17, 2024

Earnings per share (EPS)10.35
Gross Margin15.90%
Net Profit Margin6.97%
Debt/Equity Ratio2.0%

How did MINDTECK perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

9%

Payout Ratio
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