Pulse
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
Mindteck (India) Limited

Mindteck (India) Limited

NSE: MINDTECK
Information Technology ServicesTechnologySMALL CAPMCap ₹475.9 Cr
₹148.94₹9.23 (+6.61%)

Market Closed • NSE

Market cap₹475.9 Cr
Enterprise value₹258.8 Cr
P/E TTM15.31
P/B1.57
EPS TTM₹9.73
D/E1.28
Dividend yield0.01%
52W high₹307.68
52W low₹133.00
Price chart(1Y)
1Y Return:-28.30% (₹58.80)
H: ₹219L: ₹133
1W+6.18%
1M-5.04%
3M-25.52%
6M-28.89%
1Y-48.56%
Today at a glance

Day range

₹139.71₹158.00

52 week range

₹133.00₹307.68
Volume207.6K5.28x 20D avg
Free float50.00%+428.00% volume

Mindteck (India) Limited closed at INR148.94 (+6.61%) on volume 5.28x its 20-day average, trading 51.59% below its 52-week high.

Technical analysis
RSI (14)46.4Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹7.98High
SMA 20₹149.16BEARISH
SMA 50₹162.25BEARISH
SMA 100₹183.34BEARISH
SMA 200₹193.17BEARISH
CPR bottom₹143.55
Pivot₹142.27
CPR top₹140.99
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +101.2% QoQ

2026-08-06

DIVIDEND Announced

Dividend - Re 1 Per Share

2025-08-01

DIVIDEND Announced

Dividend - Re 1 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹3.9 Cr₹475.9 Cr0.82%≤ 33%PASS
Non-halal income ratio–₹407.3 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹308.2 Cr₹369.9 Cr83.32%≥ 20%PASS
Receivables ratio–₹369.9 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E15.3123.00
Forward P/E——
P/B1.573.80
EV/EBITDA—18.00
PEG—2.20
Earnings yield6.504.30
Growth & profitability
RevenuePAT
FY23PAT margin 6.20%
FY24PAT margin 7.10%
FY25PAT margin 6.80%
FY26PAT margin 7.70%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+6.50%
Revenue CAGR 5Y—
PAT CAGR 3Y+14.90%
PAT CAGR 5Y—
Operating margin6.73%
Net margin7.59%
Financial health & cash flow
Net debt–Moderate
Interest coverage30.90xEBIT / interest
CFO / PAT0.83x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹26.0 Cr
Capital expenditure–
Free cash flow₹25.5 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall58/100
Valuation60/100
Profitability50/100
Financial health65/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Attractive Valuation: P/E of 15.3x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Information Technology Services.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
06 Aug 2026Dividend₹1.00 / share—06 Aug 2026
01 Aug 2025Dividend₹1.00 / share—01 Aug 2025
20 Sept 2024Bonus issue1:4 bonus ratio—20 Sept 2024
—Dividend₹1.00 / share—02 Aug 2024
—Dividend₹1.00 / share—04 Aug 2023
—Dividend₹1.00 / share—04 Aug 2022
—Annual General MeetingAnnual General Meeting—29 Jul 2021
—Annual General MeetingAnnual General Meeting—30 Jul 2020
—Dividend₹1.00 / share—06 Aug 2019
—Dividend₹1.00 / share—12 Sept 2018
—Dividend₹1.00 / share—03 Aug 2017
—Dividend₹1.00 / share—03 Aug 2016
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)55.04%-23.38% latest vs average
Highest delivery69.48%on 28 Sept
Average volume (20D)39.3KTrading-session average
Conviction trendWeakening-23.38% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Tata Consultancy Services Limited
Tata Consultancy Services LimitedTCS
Open analysis
₹8.92L17.282.04%₹72,275.00₹13,420.00+13.93%+4.69%
Infosys Limited
Infosys LimitedINFY
Open analysis
₹4.70L15.824.50%₹48,211.00₹7,775.00+14.03%+12.29%
HCL Technologies Limited
HCL Technologies LimitedHCLTECH
Open analysis
₹3.73L20.423.53%₹34,579.00₹4,626.00+13.94%+20.34%
Wipro Limited
Wipro LimitedWIPRO
Open analysis
₹1.82L14.494.60%₹24,236.30₹3,501.80+7.70%-1.90%
Tech Mahindra Limited
Tech Mahindra LimitedTECHM
Open analysis
₹1.59L28.773.09%₹15,712.00₹1,486.00+17.68%+31.62%
LTM Limited
LTM LimitedLTM
Open analysis
₹1.30L24.901.77%₹11,608.00₹1,469.00+17.96%+17.05%
LG ELECTRONICS INDIA LTD
LG ELECTRONICS INDIA LTDLGEINDIA
Open analysis
₹1.17L63.960.00%₹7,233.35₹652.86——
One97 Communications Limited
One97 Communications LimitedPAYTM
Open analysis
₹1.08L169.180.00%₹2,264.00₹184.00+18.41%+134.07%
About Mindteck (India) Limited
Mindteck (India) Limited

Mindteck (India) Limited provides engineering and information technology (IT) services in the United States, India, and internationally. The company offers product engineering, embedded design systems, and Internet of Things solutions, as well as testing, optimization, and security services; product lifecycle and reliability management; digital transformation and smart solutions, such as asset tracking systems, and renewable energy digital transformation; and medical devices and healthcare, such as Next-Gen remote patient, post-operative heart health monitoring, web/cloud-based patient monitoring platform, cloud-integrated AED solution, and cybersecurity and penetration testing. It also provides analytical instruments, including business intelligence for laboratory instruments, informatics platform for lab automation, and remote scientific data review system; data storage solutions comprising data migration tool development, full stack development, and cloud storage development and testing; semiconductor products, such as common cluster tool controller (CTC) framework, enterprise data management platform, cloud-based document solutions, wafer defect classification using deep learning, and LLM-based risk assessment; and testing services, such as platform-independent automation tools, mobile test automation framework, and BDD-based cloud test framework. In addition, the company offers infrastructure services, such as data center management, network, security, and desktop management. It serves the medical device and healthcare, life science and analytical instruments, semiconductor, and data storage industries; and government. The company was formerly known as Hinditron Informatics Limited and changed its name to Mindteck (India) Limited in September 1999. The company was incorporated in 1991 and is headquartered in Bengaluru, India. Mindteck (India) Limited is a subsidiary of Embtech Holdings Limited.

IndiaTechnology

Questions investors ask
Is Mindteck (India) Limited Shariah compliant?

Mindteck (India) Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.82%) complies with AAOIFI threshold (≤ 33%).

What is Mindteck (India) Limited's current valuation relative to peers?

Mindteck (India) Limited trades at a P/E of 15.3x compared to the sector median of 23x, and a Price-to-Book of 1.6x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 1.28x. Interest coverage is 30.9x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.