Mindteck (India) Ltd

Mindteck (India) Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mindteck (India) Ltd

₹ 295 -2.89%
18 Apr 4:01 p.m.
mindteck.com BSE: 517344 NSE : MINDTECK
About

Mindteck is an engineering and technology solutions company incorporated in 1991. Mindteck has considerable experience in E-commerce and Embedded Systems. The company has completed the acquisition of Infotech Holdings Inc, a company which is engaged in IT software consultancy and has become a subsidiary from July 2001. [1] [2]
Their global footprint spans the US, Canada, India, Europe, the APAC region (Singapore, Malaysia and Philippines), and the Middle East (Bahrain). They also have two Development Centers – Kolkata and Bengaluru.
Mindteck (India) Limited has seven wholly-owned subsidiaries and three step-down subsidiaries as at March 31, 2020. [3]

Key Points

Products & Services
Industries Catered: Healthcare, Life Sciences & Chemical Analysis, Semiconductor & Storage.
Product Engineering - encompasses core competencies in embedded design; application development, product lifecycle management.
Digital Engineering - selected solutions, services, and technologies which complement the product engineering portfolio and help clients compete, innovate, and propel forward.
Data Services - encompasses aggregation, visualization and analytics. Features include advanced predictive and prescriptive analytics using technologies such as ML & AI.
Development of an IoT Framework.
Cloud - Hybrid Cloud Appliance and Interoperable Cloud Storage, Business Data Analytics.
Testing - Co’s end-to-end testing discipline encompasses manual black box testing, test automation, security/penetration tests,and related. [1]

Website BSE NSE
  • Market Cap ₹ 749 Cr.
  • Current Price ₹ 295
  • High / Low ₹ 320 / 112
  • Stock P/E 28.5
  • Book Value ₹ 79.9
  • Dividend Yield 0.34 %
  • ROCE 14.2 %
  • ROE 11.3 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 3.70 times its book value
  • The company has delivered a poor sales growth of 2.55% over past five years.
  • Company has a low return on equity of 10.3% over last 3 years.

* 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

Sector: IT - Software Industry: Computers - Software - Medium / Small

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
72.72 72.57 73.42 75.97 75.72 73.67 81.26 84.07 82.66 88.74 93.41 98.47 95.75
67.98 65.16 68.73 69.82 70.26 69.20 74.68 77.90 75.18 81.88 85.81 89.71 87.21
Operating Profit 4.74 7.41 4.69 6.15 5.46 4.47 6.58 6.17 7.48 6.86 7.60 8.76 8.54
OPM % 6.52% 10.21% 6.39% 8.10% 7.21% 6.07% 8.10% 7.34% 9.05% 7.73% 8.14% 8.90% 8.92%
1.00 0.45 19.60 0.95 1.05 1.65 1.33 1.03 0.98 1.09 1.68 1.60 1.52
Interest 0.35 0.32 0.29 0.18 0.21 0.24 0.25 0.25 0.26 0.25 0.26 0.22 0.22
Depreciation 1.43 1.48 1.38 1.21 1.16 1.27 1.22 1.10 1.10 1.11 1.12 1.10 1.11
Profit before tax 3.96 6.06 22.62 5.71 5.14 4.61 6.44 5.85 7.10 6.59 7.90 9.04 8.73
Tax % 63.38% 10.56% 5.13% 22.77% 13.42% 35.14% 20.50% 19.15% 22.39% 17.91% 21.14% 18.03% 17.64%
1.45 5.42 21.46 4.41 4.45 2.99 5.12 4.73 5.51 5.41 6.23 7.41 7.19
EPS in Rs 0.57 2.12 8.38 1.72 1.73 1.16 1.99 1.83 2.14 2.14 2.46 2.93 2.84
Raw PDF
Upcoming result date: 17 May 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
223 264 329 319 312 342 297 299 276 287 299 337 376
224 261 300 290 291 331 296 295 272 267 278 310 345
Operating Profit -2 4 29 29 21 11 1 4 4 20 21 27 32
OPM % -1% 1% 9% 9% 7% 3% 0% 1% 2% 7% 7% 8% 8%
1 0 1 1 2 3 0 3 -59 5 23 4 6
Interest 0 0 0 0 0 0 1 1 2 2 1 1 1
Depreciation 2 1 1 2 2 2 1 2 7 6 5 5 4
Profit before tax -3 3 29 28 21 11 -0 4 -64 16 38 26 32
Tax % -62% 58% 35% 31% -25% 19% -4,608% 37% -1% 33% 13% 20%
-5 1 19 19 26 9 -6 3 -65 11 33 21 26
EPS in Rs -2.03 0.43 7.45 7.66 10.30 3.66 -2.21 1.07 -25.29 4.24 12.95 8.22 10.37
Dividend Payout % 0% 0% 13% 13% 10% 27% -45% 92% 0% 0% 8% 12%
Compounded Sales Growth
10 Years: 2%
5 Years: 3%
3 Years: 7%
TTM: 17%
Compounded Profit Growth
10 Years: 35%
5 Years: 18%
3 Years: 78%
TTM: 43%
Stock Price CAGR
10 Years: 26%
5 Years: 49%
3 Years: 90%
1 Year: 140%
Return on Equity
10 Years: 2%
5 Years: 6%
3 Years: 10%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 24 25 25 25 25 25 25 25 25 25 25 25 25
Reserves 102 104 123 139 165 172 167 170 104 115 150 166 177
0 4 0 0 0 1 0 0 13 26 8 6 4
31 37 48 56 42 43 44 44 42 41 46 46 50
Total Liabilities 158 170 195 219 231 240 236 239 184 207 229 243 256
90 90 92 92 91 90 97 101 51 38 38 36 34
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 8 14 0 0 0 0 0
68 80 103 127 140 150 130 125 133 169 191 207 222
Total Assets 158 170 195 219 231 240 236 239 184 207 229 243 256

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
10 -6 14 23 17 -12 4 -13 15 34 22 13
-5 -1 -2 -1 1 1 -12 -2 13 -25 -19 -7
-0 4 -4 -3 -2 -1 -3 -3 -9 13 -3 -15
Net Cash Flow 5 -3 8 19 16 -11 -11 -18 19 22 -0 -9

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 56 64 63 71 68 75 71 86 75 87 89 93
Inventory Days
Days Payable
Cash Conversion Cycle 56 64 63 71 68 75 71 86 75 87 89 93
Working Capital Days 30 32 32 31 46 59 57 79 68 52 49 57
ROCE % -2% 2% 21% 18% 12% 6% 1% 3% -1% 12% 12% 14%

Shareholding Pattern

Numbers in percentages

9 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
64.13% 64.09% 64.01% 63.91% 63.90% 63.84% 63.79% 64.40% 65.04% 65.01% 64.93% 64.91%
0.00% 0.00% 0.14% 0.38% 0.21% 0.30% 0.24% 0.22% 0.20% 0.21% 0.20% 0.20%
34.25% 34.29% 34.23% 34.09% 34.27% 34.24% 34.35% 33.74% 33.11% 33.13% 33.23% 33.23%
1.62% 1.62% 1.62% 1.62% 1.62% 1.62% 1.61% 1.63% 1.65% 1.65% 1.64% 1.64%
No. of Shareholders 9,84311,11914,74019,29722,32822,88622,85520,78319,96219,80919,27220,710

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Concalls

  • May 2019
    Transcript
    Notes
    PPT
  • Feb 2019
    Transcript
    Notes
    PPT
  • Aug 2018
    Transcript
    Notes
    PPT
  • Feb 2018
    Transcript
    Notes
    PPT
  • Feb 2016
    Transcript
    Notes
    PPT