Mindteck (India) Limited

NSEI:MINDTECK Stock Report

Market Cap: ₹9.8b

Mindteck (India) Balance Sheet Health

Financial Health criteria checks 6/6

Mindteck (India) has a total shareholder equity of ₹2.4B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹3.0B and ₹542.6M respectively. Mindteck (India)'s EBIT is ₹297.5M making its interest coverage ratio -7.5. It has cash and short-term investments of ₹1.3B.

Key information

0%

Debt to equity ratio

₹0

Debt

Interest coverage ratio-7.5x
Cash₹1.25b
Equity₹2.44b
Total liabilities₹542.60m
Total assets₹2.98b

Recent financial health updates

Recent updates

Mindteck (India) Limited's (NSE:MINDTECK) 25% Share Price Surge Not Quite Adding Up

Nov 28
Mindteck (India) Limited's (NSE:MINDTECK) 25% Share Price Surge Not Quite Adding Up

We Like These Underlying Return On Capital Trends At Mindteck (India) (NSE:MINDTECK)

Sep 17
We Like These Underlying Return On Capital Trends At Mindteck (India) (NSE:MINDTECK)

Mindteck (India) (NSE:MINDTECK) Is Due To Pay A Dividend Of ₹1.00

Jul 24
Mindteck (India) (NSE:MINDTECK) Is Due To Pay A Dividend Of ₹1.00

Further Upside For Mindteck (India) Limited (NSE:MINDTECK) Shares Could Introduce Price Risks After 28% Bounce

Jul 04
Further Upside For Mindteck (India) Limited (NSE:MINDTECK) Shares Could Introduce Price Risks After 28% Bounce

Mindteck (India) Limited (NSE:MINDTECK) Stock Rockets 78% As Investors Are Less Pessimistic Than Expected

Apr 26
Mindteck (India) Limited (NSE:MINDTECK) Stock Rockets 78% As Investors Are Less Pessimistic Than Expected

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

Financial Position Analysis

Short Term Liabilities: MINDTECK's short term assets (₹2.5B) exceed its short term liabilities (₹496.2M).

Long Term Liabilities: MINDTECK's short term assets (₹2.5B) exceed its long term liabilities (₹46.4M).


Debt to Equity History and Analysis

Debt Level: MINDTECK is debt free.

Reducing Debt: MINDTECK had no debt 5 years ago.

Debt Coverage: MINDTECK has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MINDTECK has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 15:51
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

Mindteck (India) Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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