Mindtree Ltd

Mindtree Limited (Mindtree), headquartered in Bengaluru, India and New Jersey, USA, is a technology solutions company. It delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform their competition.(Source : 201903 Annual Report Page No: 02)

  • Market Cap: 20,899 Cr.
  • Current Price: 1,269
  • 52 weeks High / Low 1342.05 / 675.00
  • Book Value: 210.19
  • Stock P/E: 27.82
  • Dividend Yield: 1.02 %
  • ROCE: 27.28 %
  • ROE: 19.52 %
  • Sales Growth (3Yrs): 14.03 %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 10.00
Edit ratios
Pros:
Company has been maintaining a healthy dividend payout of 45.80%
Cons:

Peer comparison Sector: IT - Software // Industry: Computers - Software - Large

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Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
1,332 1,378 1,464 1,640 1,755 1,787 1,839 1,834 1,914 1,965 2,050 1,909
1,178 1,170 1,228 1,408 1,486 1,504 1,559 1,650 1,666 1,659 1,727 1,587
Operating Profit 154 207 236 231 270 283 280 184 248 306 324 322
OPM % 12% 15% 16% 14% 15% 16% 15% 10% 13% 16% 16% 17%
Other Income 60 6 59 28 52 -20 29 22 20 35 18 41
Interest 2 5 6 3 0 0 0 13 14 13 13 13
Depreciation 45 42 38 40 40 41 43 67 71 70 68 60
Profit before tax 166 167 250 216 282 222 266 126 183 258 261 290
Tax % 25% 15% 27% 27% 27% 14% 26% 27% 26% 24% 21% 26%
Net Profit 125 142 182 158 206 191 198 93 135 197 206 213
EPS in Rs 7.46 8.63 11.12 9.65 12.57 11.64 12.08 5.64 8.20 11.97 12.53 12.94
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
1,237 1,296 1,509 1,915 2,362 3,032 3,562 4,673 5,236 5,463 7,022 7,764 7,839
1,114 1,050 1,331 1,622 1,909 2,422 2,853 3,852 4,532 4,722 5,957 6,683 6,639
Operating Profit 124 246 178 293 452 610 709 821 704 740 1,064 1,082 1,200
OPM % 10% 19% 12% 15% 19% 20% 20% 18% 13% 14% 15% 14% 15%
Other Income 14 77 24 38 35 50 84 84 55 190 89 76 113
Interest 18 3 0 0 1 0 0 16 19 17 3 53 53
Depreciation 57 65 71 70 62 81 102 166 186 172 164 275 268
Profit before tax 63 255 130 262 424 578 691 723 555 742 987 829 992
Tax % 11% 16% 22% 16% 20% 22% 22% 24% 25% 23% 24% 24%
Net Profit 52 215 102 218 339 451 536 552 419 570 754 631 751
EPS in Rs 3.40 13.47 6.25 13.34 19.95 25.94 30.29 31.50 23.49 34.78 45.93 38.33 45.64
Dividend Payout % 7% 6% 10% 7% 15% 23% 27% 49% 40% 32% 72% 34%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:19.61%
5 Years:16.86%
3 Years:14.03%
TTM:8.63%
Compounded Profit Growth
10 Years:11.42%
5 Years:4.17%
3 Years:14.65%
TTM:9.09%
Stock Price CAGR
10 Years:25.80%
5 Years:10.85%
3 Years:40.05%
1 Year:79.26%
Return on Equity
10 Years:23.03%
5 Years:21.46%
3 Years:21.93%
Last Year:19.52%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Corp Actions
Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Jun 2020
38 40 40 40 42 42 84 168 168 164 164 165 165
Reserves 513 631 736 917 1,272 1,599 1,929 2,247 2,409 2,578 3,142 2,992 3,297
Borrowings 139 3 5 45 25 3 3 44 100 301 1 0 601
341 260 234 332 352 456 640 818 714 694 872 1,999 1,373
Total Liabilities 1,032 934 1,014 1,335 1,691 2,099 2,655 3,277 3,391 3,736 4,179 5,157 5,436
429 277 301 259 259 344 556 1,162 1,022 957 967 1,409 1,411
CWIP 13 25 0 8 57 50 35 23 19 9 30 14 12
Investments 101 144 111 308 426 534 535 233 593 726 804 775 1,539
488 488 603 759 949 1,173 1,529 1,859 1,757 2,044 2,379 2,959 2,473
Total Assets 1,032 934 1,014 1,335 1,691 2,099 2,655 3,277 3,391 3,736 4,179 5,157 5,436

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
180 230 43 206 266 322 598 421 654 564 630 825
-233 -94 -38 -228 -189 -217 -203 -416 -459 -200 -180 6
23 -134 0 36 -12 -111 -138 -172 -138 -288 -522 -696
Net Cash Flow -30 2 6 14 65 -7 258 -167 57 77 -72 135

Ratios Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 12% 38% 18% 29% 35% 38% 36% 33% 22% 27% 31% 27%
Debtor Days 82 67 68 78 70 72 71 76 62 68 69 68
Inventory Turnover

Shareholding pattern in percentages

Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
13.64 13.64 13.37 13.35 13.34 13.32 13.32 13.30 73.76 73.64 74.11 73.49
40.26 40.56 41.69 44.36 43.16 40.18 39.26 36.18 10.83 10.46 11.86 10.39
5.65 8.29 8.71 6.92 7.82 10.39 11.14 8.35 5.28 6.24 5.78 7.88
0.00 0.16 0.22 0.22 0.26 0.34 0.34 0.34 0.00 0.00 0.00 0.00
40.45 37.34 36.00 35.15 35.43 35.77 35.93 41.82 10.13 9.65 8.25 8.24