Mindpool Technologies Ltd
Incorporated in 2011, Mindpool Technologies
Ltd is in the business of IT Staffing, software development and information technology enabled services
- Market Cap ₹ 30.1 Cr.
- Current Price ₹ 71.1
- High / Low ₹ 83.9 / 54.0
- Stock P/E 86.1
- Book Value ₹ 45.4
- Dividend Yield 0.00 %
- ROCE 4.07 %
- ROE 1.87 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 130 days to 103 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -8.26% over past five years.
- Company has a low return on equity of 1.18% over last 3 years.
- Earnings include an other income of Rs.0.35 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Information Technology Information Technology IT - Services IT Enabled Services
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 25.81 | 20.70 | 24.86 | 20.22 | 22.17 | 38.40 | 80.29 | 48.47 | 45.82 | 44.37 | 34.41 | 52.18 | |
| 25.53 | 20.35 | 22.84 | 17.96 | 20.58 | 36.78 | 76.19 | 47.77 | 45.14 | 43.69 | 34.00 | 51.50 | |
| Operating Profit | 0.28 | 0.35 | 2.02 | 2.26 | 1.59 | 1.62 | 4.10 | 0.70 | 0.68 | 0.68 | 0.41 | 0.68 |
| OPM % | 1.08% | 1.69% | 8.13% | 11.18% | 7.17% | 4.22% | 5.11% | 1.44% | 1.48% | 1.53% | 1.19% | 1.30% |
| 0.08 | 0.08 | 0.57 | 0.19 | 0.34 | 0.49 | 0.39 | 0.50 | 0.16 | 0.33 | 0.25 | 0.35 | |
| Interest | 0.09 | 0.04 | 0.63 | 0.10 | 0.13 | 0.79 | 1.73 | 0.03 | 0.31 | 0.33 | 0.39 | 0.27 |
| Depreciation | 0.02 | 0.07 | 0.14 | 0.11 | 0.12 | 0.38 | 0.57 | 0.14 | 0.41 | 0.42 | 0.18 | 0.22 |
| Profit before tax | 0.25 | 0.32 | 1.82 | 2.24 | 1.68 | 0.94 | 2.19 | 1.03 | 0.12 | 0.26 | 0.09 | 0.54 |
| Tax % | 532.00% | 206.25% | 28.57% | 25.89% | 4.76% | 4.26% | 14.16% | 6.80% | 225.00% | 26.92% | -11.11% | 33.33% |
| -1.08 | -0.34 | 1.29 | 1.67 | 1.61 | 0.90 | 1.88 | 0.96 | -0.13 | 0.20 | 0.10 | 0.35 | |
| EPS in Rs | -1,080.00 | -340.00 | 1,290.00 | 5.50 | 3.80 | 1.60 | 3.52 | 2.27 | -0.31 | 0.47 | 0.24 | 0.83 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | -8% |
| 3 Years: | 4% |
| TTM: | 52% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | -25% |
| 3 Years: | 49% |
| TTM: | 250% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 8% |
| 1 Year: | 38% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 3.04 | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 |
| Reserves | 7.63 | 7.39 | 8.66 | 7.11 | 10.44 | 11.80 | 13.19 | 10.50 | 13.57 | 13.84 | 14.07 | 14.98 |
| 0.00 | 5.02 | 6.11 | 1.21 | 0.88 | 14.35 | 15.00 | 0.32 | 1.88 | 0.00 | 0.00 | 2.24 | |
| 3.71 | 0.78 | 2.07 | 2.54 | 2.12 | 9.57 | 10.45 | 2.37 | 2.71 | 3.82 | 4.69 | 5.22 | |
| Total Liabilities | 11.35 | 13.20 | 16.85 | 13.90 | 17.68 | 39.96 | 42.88 | 17.43 | 22.40 | 21.90 | 23.00 | 26.68 |
| 0.06 | 0.10 | 0.33 | 0.23 | 0.59 | 5.88 | 5.42 | 0.14 | 0.86 | 0.47 | 0.29 | 0.83 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.45 | 0.45 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.51 | 1.25 | 1.25 | 1.25 | 0.15 | 0.03 | 1.20 | 1.94 | 1.94 | 2.46 | 0.00 |
| 11.29 | 12.59 | 15.27 | 12.42 | 15.84 | 33.48 | 36.98 | 16.09 | 19.60 | 19.49 | 20.25 | 25.85 | |
| Total Assets | 11.35 | 13.20 | 16.85 | 13.90 | 17.68 | 39.96 | 42.88 | 17.43 | 22.40 | 21.90 | 23.00 | 26.68 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.14 | 3.86 | -2.88 | -14.09 | 0.92 | -1.99 | -2.27 | 1.94 | 0.09 | -0.24 | |||
| 0.03 | 0.16 | -0.31 | -4.07 | -0.07 | 1.08 | 1.06 | 0.30 | -0.17 | -0.64 | |||
| -0.01 | -4.62 | 2.18 | 18.52 | 0.07 | 0.27 | 1.25 | -2.13 | -0.23 | 2.18 | |||
| Net Cash Flow | 2.16 | -0.60 | -1.02 | 0.37 | 0.92 | -0.63 | 0.05 | 0.11 | -0.31 | 1.29 | ||
| Free Cash Flow | 2.09 | 3.85 | -3.37 | -19.83 | 0.76 | -1.99 | -3.43 | 1.90 | 0.09 | -0.93 | ||
| CFO/OP | 1,439% | 225% | -166% | -860% | 31% | -284% | -294% | 301% | 41% | -3% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 75.66 | 24.33 | 33.77 | 120.22 | 170.89 | 130.03 | 64.01 | 67.02 | 85.00 | 73.38 | 119.12 | 97.23 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 75.66 | 24.33 | 33.77 | 120.22 | 170.89 | 130.03 | 64.01 | 67.02 | 85.00 | 73.38 | 119.12 | 97.23 |
| Working Capital Days | 30.12 | 52.55 | 40.96 | 129.07 | 195.59 | 185.92 | 93.97 | 95.94 | 114.07 | 125.78 | 162.40 | 103.11 |
| ROCE % | 4.19% | 3.59% | 17.65% | 18.06% | 14.04% | 7.08% | 10.58% | 2.74% | 3.22% | 3.12% | 2.64% | 4.07% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtors Turnover Ratio Ratio |
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| Revenue Contribution - Staffing Services % ・Standalone data |
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| Revenue Contribution - Routing Services % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Structural Digital Database
29 May 2026 - Submitted SDD compliance certificate for FY ended 31 March 2026 under PIT regulations.
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Outcome of Board Meeting
21 May 2026 - Mindpool Technologies approved Uday Surpuriya as internal auditor for FY 2026-27 on 21 May 2026.
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Outcome of Board Meeting
21 May 2026 - Board approved amended amalgamation scheme with S A Tech Software; exchange ratio 1 share for 2 Mindpool shares.
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Outcome of Board Meeting
21 May 2026 - Board approved FY26 audited standalone/consolidated results, auditor appointments, and amalgamation scheme amendment on 21 May 2026.
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Change in Director(s)
10 April 2026 - Board approved Poonam Ritesh Sharma’s redesignation as Executive Whole Time Director from 13 April 2026, remuneration up to Rs.4,33,334 monthly.
Business Overview:[1]
Company is listed on NSE Emerge and provides consulting, staffing services, digital transformation, digital solutions, data & analytics, cloud, and AI Solutions for several organizations