Mindteck (India) (MINDTECK)₹131.34+1.90%Computers - Software & Consulting
In the Jun 2026 quarter (consolidated), Mindteck (India) reported sales of ₹104 Cr, up 2.7% from Jun 2025, and net profit of ₹8.35 Cr, down 4.5% year on year. For the year to Mar 2026, sales were ₹407 Cr and net profit ₹31.96 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| 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 | 98.42 | 95.73 | 97.77 | 108 | 108 | 104 | 104 | 101 | 102 | 100 | 104 | 104 |
| Expenses | 89.48 | 86.90 | 90.11 | 98.81 | 99.29 | 94.54 | 95.15 | 91.42 | 94.09 | 89.70 | 92.92 | 95.63 |
| Operating Profit | 8.79 | 8.58 | 7.55 | 9.03 | 8.62 | 9.14 | 8.61 | 9.66 | 7.24 | 10.48 | 10.70 | 8.16 |
| OPM % | 8.9% | 8.9% | 7.7% | 8.3% | 7.9% | 8.7% | 8.2% | 9.4% | 7.1% | 10.3% | 10.2% | 7.8% |
| Other Income | 1.59 | 1.51 | 1.65 | 0.22 | 1.74 | 1.82 | 1.99 | 2.64 | 4.01 | −3.07 | 3.07 | 2.82 |
| Interest | 0.21 | 0.21 | 0.18 | 0.17 | 0.18 | 0.36 | 0.35 | 0.33 | 0.28 | 0.24 | 0.19 | 0.21 |
| Depreciation | 1.11 | 1.12 | 1.15 | 1.14 | 1.15 | 1.25 | 1.18 | 1.18 | 1.16 | 1.15 | 1.12 | 1.13 |
| Profit before tax | 9.06 | 8.74 | 7.88 | 7.93 | 9.03 | 9.34 | 9.05 | 10.77 | 9.81 | 5.99 | 12.44 | 9.63 |
| Tax % | 18.1% | 17.7% | 17.6% | 19.5% | 16.1% | 15.0% | 24.9% | 18.8% | 22.8% | 15.6% | 18.4% | 13.2% |
| Exceptional items | 0.00 | 0.00 | 0.00 | −1.38 | 0.00 | 0.00 | 0.00 | 0.00 | 1.45 | −3.36 | 0.00 | 0.00 |
| Net Profit | 7.40 | 7.18 | 6.47 | 6.37 | 7.56 | 7.92 | 6.79 | 8.74 | 7.55 | 5.04 | 10.15 | 8.35 |
| EPS (Rs) | 2.35 | 2.29 | 2.05 | 2.02 | 2.39 | 2.50 | 2.14 | 2.75 | 2.38 | 1.59 | 3.19 | 2.63 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 312 | 342 | 297 | 299 | 276 | 287 | 299 | 337 | 385 | 424 | 407 | 410 |
| Expenses | 290 | 330 | 295 | 294 | 271 | 266 | 277 | 309 | 352 | 388 | 368 | 372 |
| Operating Profit | 21.07 | 11.03 | 1.01 | 4.01 | 4.01 | 20.07 | 21.08 | 27.11 | 32.10 | 35.16 | 38.16 | 36.58 |
| OPM % | 7.0% | 3.2% | 0.4% | 1.5% | 1.6% | 7.0% | 7.0% | 8.0% | 8.0% | 8.0% | 9.0% | 8.9% |
| Other Income | 1.99 | 2.99 | 0.00 | 2.99 | −58.97 | 4.99 | 22.97 | 3.99 | 5.99 | 5.99 | 6.99 | 6.83 |
| Interest | 0.00 | 0.00 | 0.99 | 0.99 | 1.99 | 1.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.92 |
| Depreciation | 2.01 | 2.01 | 1.01 | 2.01 | 7.02 | 6.01 | 5.01 | 5.01 | 4.01 | 5.01 | 5.01 | 4.56 |
| Profit before tax | 21.02 | 11.02 | 0.00 | 4.01 | −64.08 | 16.02 | 38.06 | 26.03 | 34.07 | 35.03 | 39.04 | 37.87 |
| Tax % | −24.9% | 19.1% | 4,608.1% | 37.1% | 1.0% | 33.1% | 13.1% | 20.1% | 19.1% | 19.1% | 19.1% | — |
| Exceptional items | 0.00 | 0.00 | 71.97 | 0.10 | −58.96 | 0.00 | 15.86 | 0.00 | 0.06 | −1.35 | −2.52 | −1.91 |
| Net Profit | 25.99 | 8.99 | −5.99 | 2.99 | −64.92 | 10.99 | 32.97 | 20.98 | 26.99 | 28.95 | 31.96 | 31.09 |
| EPS (Rs) | 8.24 | 2.94 | −1.78 | 0.87 | −20.27 | 3.40 | 10.39 | 6.58 | 8.63 | 9.00 | 9.87 | 9.79 |
| Dividend payout % | 10.0% | 27.1% | −45.0% | 92.1% | 0.0% | 0.0% | 8.0% | 12.1% | 9.0% | 11.1% | 10.1% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24.94 | 24.92 | 24.95 | 24.94 | 24.95 | 24.93 | 24.94 | 24.93 | 24.95 | 24.94 | 31.90 | 31.95 |
| Reserves | 139 | 164 | 172 | 167 | 170 | 104 | 115 | 150 | 166 | 196 | 227 | 272 |
| Borrowings | 0.00 | 0.00 | 0.99 | 0.00 | 0.00 | 12.94 | 25.89 | 7.97 | 5.98 | 1.99 | 6.97 | 3.98 |
| Other Liabilities | 55.73 | 41.80 | 42.79 | 43.79 | 43.79 | 41.80 | 40.81 | 45.78 | 45.78 | 51.75 | 53.74 | 61.71 |
| Total Liabilities | 218 | 230 | 239 | 235 | 238 | 183 | 206 | 228 | 242 | 275 | 321 | 369 |
| Fixed Assets | 91.79 | 90.70 | 89.68 | 96.69 | 101 | 50.82 | 37.91 | 37.92 | 35.87 | 32.92 | 37.90 | 32.92 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 7.99 | 13.98 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 55.92 |
| Other Assets | 127 | 140 | 150 | 130 | 125 | 133 | 168 | 190 | 206 | 242 | 283 | 279 |
| Trade receivables | 61.84 | 57.84 | 69.76 | 56.78 | 70.76 | 56.77 | 67.81 | 72.70 | 85.76 | 92.64 | 101 | 114 |
| Cash & equivalents | 33.92 | 50.92 | 38.94 | 30.95 | 10.98 | 28.93 | 77.88 | 76.84 | 99.79 | 125 | 134 | 136 |
| Total Assets | 218 | 230 | 239 | 235 | 238 | 183 | 206 | 228 | 242 | 275 | 321 | 369 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 23.06 | 17.06 | −12.04 | 4.01 | −13.04 | 15.05 | 34.08 | 22.07 | 13.04 | 22.07 | 24.07 | 26.08 |
| Cash from investing activity | −0.99 | 0.99 | 0.99 | −11.99 | −1.99 | 12.98 | −24.98 | −18.98 | −6.99 | −11.99 | −4.99 | −27.96 |
| Cash from financing activity | −2.99 | −1.99 | −0.99 | −2.99 | −2.99 | −8.97 | 12.97 | −2.99 | −14.96 | −1.99 | 0.99 | −6.98 |
| Net cash flow | 18.99 | 16.01 | −10.99 | −10.99 | −17.99 | 18.99 | 22.01 | 0.00 | −8.99 | 7.99 | 19.99 | −8.01 |
| Capex | 1.99 | 0.00 | 1.01 | 1.99 | 1.01 | 1.99 | 1.01 | 1.01 | 0.99 | 0.99 | 0.99 | 1.01 |
| Free cash flow | 20.97 | 16.98 | −12.98 | 0.99 | −13.98 | 12.98 | 32.93 | 20.98 | 10.99 | 20.98 | 22.96 | 25.96 |
| CFO / OP % | 100.0% | 113.0% | −53.0% | 716.0% | −135.0% | 412.0% | 172.0% | 123.0% | 69.0% | 93.0% | 89.0% | 92.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 70 | 67 | 74 | 70 | 85 | 74 | 86 | 88 | 92 | 87 | 86 | 101 |
| Cash conversion cycle | 70 | 67 | 74 | 70 | 85 | 74 | 86 | 88 | 92 | 87 | 86 | 101 |
| Working capital days | 32 | 47 | 59 | 58 | 80 | 63 | 25 | 46 | 54 | 55 | 54 | 67 |
| ROCE % | 18.0% | 12.0% | 6.0% | 1.0% | 3.0% | −1.0% | 12.0% | 12.0% | 14.0% | 16.0% | 16.0% | 15.0% |
For the Jun 2026 quarter, Mindteck (India) reported sales of ₹104 Cr, up 2.7% year on year and net profit of ₹8.35 Cr, down 4.5% year on year. The operating margin was 7.8%.
Mindteck (India)'s sales for the year to Mar 2026 were ₹407 Cr; over the last twelve months they were ₹410 Cr.
Net profit for the year to Mar 2026 was ₹31.96 Cr, and ₹31.09 Cr over the last twelve months. Earnings per share over the same trailing period were ₹9.79.
Mindteck (India) reported borrowings of ₹3.98 Cr at Mar 2026, against cash and equivalents of ₹136 Cr.
Cash from operations was ₹26.08 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹25.96 Cr.