Mindtree Ltd

₹ 3,630 -5.16%
Jan 27 11:57 a.m.
About

Mindtree is an international Information Technology consulting and implementation company that delivers business solutions through global software development.

  • Market Cap 59,831 Cr.
  • Current Price 3,630
  • High / Low 5,060 / 1,540
  • Stock P/E 40.0
  • Book Value 304
  • Dividend Yield 0.67 %
  • ROCE 36.1 %
  • ROE 29.7 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 47.62%
  • Company's median sales growth is 17.49% of last 10 years

Cons

  • Stock is trading at 11.95 times its book value
  • The company has delivered a poor sales growth of 11.26% over past five 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
1,839 1,834 1,914 1,965 2,050 1,909 1,926 2,024 2,109 2,292 2,586 2,750
1,559 1,650 1,666 1,659 1,727 1,587 1,536 1,556 1,647 1,827 2,056 2,158
Operating Profit 280 184 248 306 324 322 390 468 463 464 531 592
OPM % 15% 10% 13% 16% 16% 17% 20% 23% 22% 20% 21% 22%
Other Income 29 22 20 35 18 41 24 62 39 72 75 71
Interest 0 13 14 13 13 13 13 13 11 13 12 13
Depreciation 43 67 71 70 68 60 57 72 71 58 61 63
Profit before tax 266 126 183 258 261 290 345 445 419 465 532 587
Tax % 26% 27% 26% 24% 21% 26% 26% 27% 24% 26% 25% 25%
Net Profit 198 93 135 197 206 213 254 326 317 343 399 438
EPS in Rs 12.08 5.64 8.20 11.97 12.53 12.94 15.40 19.82 19.26 20.85 24.21 26.55

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
1,296 1,509 1,915 2,362 3,032 3,562 4,673 5,236 5,463 7,022 7,764 7,968 9,737
1,051 1,331 1,622 1,909 2,422 2,853 3,852 4,532 4,722 5,957 6,683 6,311 7,687
Operating Profit 245 178 293 452 610 709 821 704 740 1,064 1,082 1,657 2,050
OPM % 19% 12% 15% 19% 20% 20% 18% 13% 14% 15% 14% 21% 21%
Other Income 78 24 38 35 50 84 84 55 190 89 76 152 256
Interest 3 0 0 1 0 0 16 19 17 3 53 50 50
Depreciation 65 71 70 62 81 102 166 186 172 164 275 260 254
Profit before tax 255 130 262 424 578 691 723 555 742 987 829 1,498 2,003
Tax % 16% 22% 16% 20% 22% 22% 24% 25% 23% 24% 24% 26%
Net Profit 215 102 218 339 451 536 552 419 570 754 631 1,110 1,497
EPS in Rs 13.59 6.34 13.49 20.37 27.03 32.02 32.93 24.91 34.78 45.92 38.34 67.42 90.87
Dividend Payout % 6% 10% 7% 15% 23% 27% 49% 40% 32% 72% 34% 37%
Compounded Sales Growth
10 Years: 18%
5 Years: 11%
3 Years: 13%
TTM: 23%
Compounded Profit Growth
10 Years: 27%
5 Years: 15%
3 Years: 25%
TTM: 50%
Stock Price CAGR
10 Years: 43%
5 Years: 52%
3 Years: 64%
1 Year: 125%
Return on Equity
10 Years: 24%
5 Years: 23%
3 Years: 25%
Last Year: 30%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Dec 2021
40 40 40 42 42 84 168 168 164 164 165 165 165
Reserves 631 736 917 1,272 1,599 1,929 2,247 2,409 2,578 3,142 2,992 4,154 4,846
Borrowings 3 5 45 25 3 3 44 100 301 1 567 538 564
260 234 332 352 456 640 818 714 694 872 1,433 1,505 1,924
Total Liabilities 934 1,014 1,335 1,691 2,099 2,655 3,277 3,391 3,736 4,179 5,157 6,361 7,499
277 301 259 259 344 556 1,162 1,022 957 967 1,409 1,276 1,365
CWIP 25 0 8 57 50 35 23 19 9 30 14 22 9
Investments 144 111 308 426 534 535 233 593 726 804 775 2,047 2,604
488 603 759 949 1,173 1,529 1,859 1,757 2,044 2,379 2,959 3,016 3,521
Total Assets 934 1,014 1,335 1,691 2,099 2,655 3,277 3,391 3,736 4,179 5,157 6,361 7,499

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
230 43 206 266 322 598 421 654 564 630 825 1,996
-94 -38 -228 -189 -217 -203 -416 -459 -200 -180 6 -1,205
-134 0 36 -12 -111 -138 -172 -138 -288 -522 -696 -422
Net Cash Flow 2 6 14 65 -7 258 -167 57 77 -72 135 369

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 67 68 78 70 72 71 76 62 68 69 68 58
Inventory Days
Days Payable
Cash Conversion Cycle 67 68 78 70 72 71 76 62 68 69 68 58
Working Capital Days 47 65 34 43 48 34 50 38 51 51 34 17
ROCE % 38% 18% 29% 35% 38% 36% 33% 22% 27% 31% 25% 36%

Shareholding Pattern

Numbers in percentages

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
13.32 13.30 73.76 73.64 74.11 73.49 67.59 61.03 61.03 61.02 61.00 61.00
39.26 36.18 10.83 10.46 11.86 10.39 12.02 13.27 13.92 13.66 15.01 15.72
11.14 8.35 5.28 6.24 5.78 7.88 11.97 10.62 10.86 11.99 10.11 9.71
0.34 0.34 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
35.93 41.82 10.13 9.65 8.25 8.24 8.42 15.08 14.19 13.33 13.88 13.57

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