MINDTECK
Mindteck (India) Limited (MINDTECK) Stock Analysis
Mindteck (India) Limited is an Indian IT services and embedded engineering company serving semiconductor, storage, and enterprise clients globally. It provides product engineering and application development from offshore centres. Revenue is export-focused and talent-intensive. It is listed on Indian stock exchanges.
Technology › Information Technology Services
₹139.40
-7.66% 1W | -51.20% 52W
Market Cap
445 CR
P/E Ratio
14.3
52W High
₹307.7
52W Low
₹133
Div. Yield
0.74%
Beta
1
50 DMA
₹167.5
200 DMA
₹194.4
Profit Margin
7.6%
Inst. Own.
0%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 93.41 | 98.47 | 95.75 | 97.90 | 108.15 | 108.23 | 104.02 | 104.02 | 101.30 | 101.63 | 100.46 | 103.91 | 104.08 |
| Expenses | 85.81 | 89.71 | 87.21 | 90.37 | 99.15 | 99.64 | 94.92 | 95.45 | 91.68 | 94.42 | 90.01 | 93.25 | 95.95 |
| Operating Profit | 7.60 | 8.76 | 8.54 | 7.53 | 9.00 | 8.59 | 9.10 | 8.57 | 9.62 | 7.21 | 10.45 | 10.66 | 8.13 |
| OPM % | 8.14% | 8.90% | 8.92% | 7.69% | 8.32% | 7.94% | 8.75% | 8.24% | 9.50% | 7.09% | 10.40% | 10.26% | 7.81% |
| Other Income | 1.68 | 1.60 | 1.52 | 1.66 | 0.23 | 1.75 | 1.83 | 2.00 | 2.65 | 4.02 | -3.08 | 3.08 | 2.83 |
| Interest | 0.26 | 0.22 | 0.22 | 0.19 | 0.18 | 0.19 | 0.37 | 0.36 | 0.34 | 0.29 | 0.25 | 0.20 | 0.22 |
| Depreciation | 1.12 | 1.10 | 1.11 | 1.14 | 1.13 | 1.14 | 1.24 | 1.17 | 1.17 | 1.15 | 1.14 | 1.11 | 1.12 |
| Profit before tax | 7.90 | 9.04 | 8.73 | 7.86 | 7.92 | 9.01 | 9.32 | 9.04 | 10.76 | 9.79 | 5.98 | 12.43 | 9.62 |
| Tax % | 21.14% | 18.03% | 17.64% | 17.56% | 19.44% | 15.98% | 14.91% | 24.78% | 18.68% | 22.78% | 15.55% | 18.26% | 13.10% |
| Net Profit | 6.23 | 7.41 | 7.19 | 6.48 | 6.38 | 7.57 | 7.93 | 6.80 | 8.75 | 7.56 | 5.05 | 10.16 | 8.36 |
| EPS in Rs | 1.97 | 2.34 | 2.28 | 2.04 | 2.01 | 2.38 | 2.49 | 2.13 | 2.74 | 2.37 | 1.58 | 3.18 | 2.62 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 319 | 312 | 342 | 297 | 299 | 276 | 287 | 299 | 337 | 386 | 424 | 407 | 410 |
| Expenses | 290 | 291 | 331 | 296 | 295 | 272 | 267 | 278 | 310 | 353 | 389 | 369 | 374 |
| Operating Profit | 29 | 21 | 11 | 1 | 4 | 4 | 20 | 21 | 27 | 32 | 35 | 38 | 36 |
| OPM % | 9% | 7% | 3.2% | 0.4% | 1.5% | 1.6% | 7% | 7% | 8% | 8% | 8% | 9% | 9% |
| Other Income | 1 | 2 | 3 | 0 | 3 | -59 | 5 | 23 | 4 | 6 | 6 | 7 | 7 |
| Interest | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 2 | 2 | 2 | 1 | 2 | 7 | 6 | 5 | 5 | 4 | 5 | 5 | 5 |
| Profit before tax | 28 | 21 | 11 | -0 | 4 | -64 | 16 | 38 | 26 | 34 | 35 | 39 | 38 |
| Tax % | 31% | -25% | 19% | 4,608% | 37% | 1% | 33% | 13% | 20% | 19% | 19% | 19% | |
| Net Profit | 19 | 26 | 9 | -6 | 3 | -65 | 11 | 33 | 21 | 27 | 29 | 32 | 31 |
| EPS in Rs | 6.13 | 8.23 | 2.93 | -1.77 | 0.86 | -20.25 | 3.39 | 10.38 | 6.57 | 8.62 | 8.99 | 9.86 | 9.75 |
| Dividend Payout % | 13% | 10% | 27% | -45% | 92% | -0% | -0% | 8% | 12% | 9% | 11% | 10% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 7.0% | 7.0% | 3.0% |
| Profit CAGR | 18.0% | 26.0% | 3.0% |
Shareholding Pattern
Promoters64.20%
Public35.79%
Promoters64.20%
Public35.79%
Promoters64.20%
FIIs0.07%
Public35.72%
Promoters64.20%
FIIs0.01%
Public35.78%
Promoters64.20%
FIIs0.06%
Public35.73%
Promoters65.04%
FIIs0.20%
Public33.11%
Promoters64.83%
FIIs0.33%
Public33.92%
Promoters64.36%
FIIs0.18%
Public35.46%
Promoters64.20%
FIIs0.01%
Public35.78%
Promoters64.20%
FIIs0.06%
Public35.73%
MINDTECK
Holdings Analysis
Key strengths & risk signals
47
Overall
63
Fundamental
32
Technical
Risks (4)
LOW MARGIN! 7.6% profit margin - thin profits.
POOR YEAR! Stock declined 51.2% in the last year.
BEARISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 20,546 vs down days: 36,498. Ratio: 0.56x
WEAK POSITION! Current price (139.4) is below both moving averages.
Strengths (3)
UNDERVALUED! PEG of 0.96 indicates stock is cheap relative to growth.
OVERSOLD! RSI at 26.3 - potential bounce opportunity.
MARKET ALIGNED! Beta of 1.00 - moves with the market.
Fundamental & Technical Analysis
47Overall
63Fundamental
32Technical
Fundamental Breakdown
Growth Quality
19/30
Revenue CAGR: 6.5% (MODERATE, 8/15). Profit CAGR: 14.9% (GOOD, 11/15).
Profit Margin
3/10
LOW MARGIN! 7.6% profit margin - thin profits.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.96 indicates stock is cheap relative to growth.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.74% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
10/20
SIGNIFICANT PUBLIC HOLDING! 33.13% public ownership - moderate retail influence.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
5/10
BEARISH TREND! 50-day average (167.5) is below 200-day average (194.4) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (139.4) is below both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
0/10
POOR YEAR! Stock declined 51.2% in the last year.
Volume Sentiment
5/30
BEARISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 20,546 vs down days: 36,498. Ratio: 0.56x
RSI
5/5
OVERSOLD! RSI at 26.3 - potential bounce opportunity.
52W Range
1/5
WEAK! Trading at 3.7% of 52W range - near yearly lows.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 7.7% (1 week), 14.3% (1 month), 33.7% (3 months).
Beta
3/5
MARKET ALIGNED! Beta of 1.00 - moves with the market.
Peer Comparison
Technology · Information Technology Services · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MINDTECK | ₹139.40 | 14.3 | 7.6% | 6.5% | 14.9% | -51.2% | 47 | BREAKDOWN | -4.5% | -17.6% | +2.8% | +0.2% |
| SIGMA | ₹44.20 | 18 | 31.9% | 19.6% | 26.6% | -13.0% | 76 | BREAKOUT | +142.3% | +133.3% | +11.1% | -6.5% |
| 3IINFOLTD | ₹22.70 | 12.7 | 4.9% | -1.7% | 195.8% | +17.6% | 64 | BREAKDOWN | -11.0% | -11.0% | +1.2% | +1.2% |
| CYBERTECH | ₹131.60 | 12.4 | 12.8% | 10.4% | 11.9% | -25.0% | 66 | BREAKDOWN | +15.9% | +33.8% | +17.5% | +9.8% |
| ACSTECH | ₹70.40 | 35.6 | 3.4% | 56.1% | 43.2% | +46.8% | 75 | CONSOLIDATING UP | +387.5% | +77.3% | +244.6% | -21.5% |
| VAKRANGEE | ₹5.00 | 63 | 4.4% | 8.9% | 123.8% | -36.6% | 50 | CONSOLIDATION | -18.8% | +30.0% | -18.8% | -1.4% |
| INSPIRISYS | ₹85.00 | 9.1 | 7.8% | 8.7% | – | -10.0% | 45 | HIT RESISTANCE | -32.8% | -53.4% | +26.5% | -24.5% |
| TERASOFT | ₹225.60 | 11.4 | 9.7% | 26.9% | 92.7% | -51.5% | 67 | BOUNCE FROM SUPPORT | -2.1% | -36.1% | +52.6% | -33.2% |
Data from TradeAlone · Updated daily
