
About Mindteck
Mindteck is a publicly listed company based in Bengaluru (India) founded in 1991. IT and product engineering services are provided globally. The company has 732 employees. Its chief executive, as recorded, is Anand Balakrishnan. Its website mindteck.com draws about 25 thousand monthly visits. Its Indian entity Mindteck (India) Limited reported revenue of ₹419 Cr. Mindteck offers products and services including Product Engineering, Smart City Solutions, Data Center Transformation, and Application Development. Its focus areas include Business Services, IT Services, Application Development and Horizontal. Its competitors include SFO Technologies and Kaynes Technology; 2 of its 2 listed competitors have raised funding.
Company details
Mindteck, a global product engineering and IT services company with US headquarters in Pennsylvania, has provided end-to-end solutions to a Global 2000 and public sector clientèle for over 21 years. The companys depth of knowledge and niche expertise in Life Sciences, High-Tech (Smart Energy, Semiconductor) and the Public Sector, is complemented by dedicated Centers of Excellence in Cloud Computing, Mobility Solutions, Electronics and Wireless Design, and Storage Testing. Presently, the company employs over 1,000 individuals throughout offices in the US and UK, Singapore, Malaysia, Bahrain and India. It also has four development centers (US, Singapore and India (Kolkata, Bangalore)). Aside from serving its long-standing clientele, Mindteck is also focused on further developing Mindteck Academy, a customized IT training solution designed to fill clients IT skill gaps and foster local, professional career growth in technology. Candidates include qualified applicants who are underserved, such as recent college graduates, displaced workers and military veterans.
- Headquarters Bengaluru, India
- Employees 732
- Stage Public
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website mindteck.com
- Social LinkedIn X Facebook
- Legal Name Mindteck (India) Limited
- Market Cap₹432 Cr
MINDTECK · NSE
- Share Price₹127.97
-5.36% today
- Revenue₹407 Cr
FY 2025-26 · -4.0% YoY
- EBITDA₹32.64 Cr
Margin 8.0%
- Net Profit₹34.05 Cr
FY 2025-26 · +13.4% YoY
- P/E (TTM)12.9x
P/B 1.4x
- ROE11.2%
ROCE 13.6%
- Debt / Equity0.02
Interest cover 3.9x
- Employee Count732
Associated legal entities of Mindteck
Mindteck operates through Mindteck (India) Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mindteck (India) Limited Listed CIN L30007KA1991PLC039702 | Active | 25 Jul 1991 | Bangalore, Karnataka | ₹419 Cr | 749 | 10 | View details |
Products & Services of Mindteck
Mindteck offers a comprehensive portfolio of products and services, including Product Engineering, Smart City Solutions, Data Center Transformation, and Application Development.
Engineering solutions to enhance equipment performance and productivity.
IoT-based services for urban challenges like parking and utilities.
Management services for optimizing data centers and IT systems.
Development and integration of enterprise applications and systems.
Board of directors of Mindteck (India) Limited (Mindteck)
Mindteck (India) Limited is the primary company behind Mindteck. The board of Mindteck (India) Limited currently have 7 directors; the longest-serving is Meenaz Dhanani, appointed in 2013. 20 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Meenaz Dhanani DIN 06705048 | Director | 04 Oct 2013 | 13 yrs | Mindteck (India) Limited |
| Satish Menon Kumar DIN 00114149 | Director | 14 May 2018 | 8 yrs 5 mo | Mindteck (India) Limited |
| Subhash Bhushan Dhar DIN 03603891 | Director | 29 May 2018 | 8 yrs 5 mo | Mindteck (India) Limited |
| Keyuri Singh DIN 09379699 | Director | 28 Oct 2021 | 5 yrs | Mindteck (India) Limited |
| Javed Gaya DIN 01481518 | Additional Director | 05 Dec 2025 | 10 mo | Mindteck (India) Limited |
| Madhuranath Konety Raghavendra Rao DIN 02161694 | Additional Director | 13 May 2026 | 5 mo | Mindteck (India) Limited |
| Preeti Mohan DIN 07822681 | Additional Director | 13 May 2026 | 5 mo | Mindteck (India) Limited |
People of Mindteck
25 people are tracked at Mindteck (6 in leadership, 6 in board & advisors, 13 in team); the tracked headcount is 732.
| Name | Role | Group |
|---|---|---|
Anand Balakrishnan | CEO & MD | Leadership |
Santosh Nandiyath | Interim CFO | Leadership |
Saibal Dey | GM & Head of Semiconductor Practice | Leadership |
Ratnakar Gandhe | Head Of Electronic Design Services And Iot Solutions | Leadership |
Jigar Vasani | VP, Sales, ROW | Leadership |
K.v. Krishnan | Practice Head | Leadership |
| Independent Director | Board & advisors | |
| Independent Director | Board & advisors | |
Guhan Subramaniam | Independent Director | Board & advisors |
Yusuf Lanewala | Non-Executive Chairman | Board & advisors |
| Non-Executive Director | Board & advisors | |
| Non-Executive Director | Board & advisors | |
Animesh Banerjee | Manager Finance | Team |
Anish Balan | Associate Project Manager | Team |
Vikrant Dixit | Senior Software Engineer | Team |
Ashish Makati | Account Manager | Team |
Priyanka Mishra | Senior Software Engineer | Team |
Mohammed Amjad | Project Manager | Team |
Sathya Raja G. | AVP, Legal & Company Secretary | Team |
Prashant Sehrawat | Senior Inside Sales Representative | Team |
5 more people are available in the full profile.
Complete people profiles for Mindteck
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Mindteck
Mindteck is a publicly listed company on the NSE with ticker symbol MINDTECK in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date02 Aug 2016
- Listed onNSE: MINDTECK
- Listed entityMindteck (India) Limited
- Exchange sectorTechnology services
- ISININE110B01017
- Share price₹145.27 (+0.38% on the day) · 2026-10-14
- Market capitalisation₹464 Cr
- Price to earnings14.9
- EPS (diluted, trailing year)₹9.74
- Dividend yield0.69%
- Volume (last session)21,135
Financials of Mindteck
Exchange-reported figures of Mindteck (India) Limited, the listed company behind Mindteck (NSE: MINDTECK).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 407 | 424 | 386 | 337 | 299 | 287 | 276 |
| Revenue growth | -4.0% | +10.1% | +14.5% | +12.7% | +4.2% | +3.8% | - |
| EBITDA | 32.64 | 33.53 | 32.43 | 27.09 | 20.77 | 19.62 | (56.52) |
| EBITDA margin | +8.0% | +7.9% | +8.4% | +8.1% | +7.0% | +6.8% | -20.5% |
| Profit before tax | 38.96 | 35.29 | 33.53 | 25.98 | 38.08 | 16.13 | (64.07) |
| Net profit | 34.05 | 30.04 | 27.24 | 20.76 | 17.43 | 10.86 | (5.70) |
| Net profit margin | +8.4% | +7.1% | +7.1% | +6.2% | +5.8% | +3.8% | -2.1% |
| EPS (₹) | 9.87 | 8.99 | 10.87 | 8.35 | 13.17 | 4.31 | (25.70) |
| Balance sheet | |||||||
| Total assets | 316 | 272 | 228 | 200 | 187 | 171 | 152 |
| Net worth | 304 | 260 | 221 | 191 | 176 | 140 | 130 |
| Total debt | 3.88 | 7.44 | 2.21 | 5.63 | 7.86 | 26.01 | 12.76 |
| Cash & bank | 136 | 134 | 125 | 100 | 76.91 | 77.66 | 29.39 |
| Net working capital | 213 | 199 | 184 | 153 | 117 | 119 | 80.75 |
| Cash flow | |||||||
| Cash from operations | 26.03 | 24.13 | 22.48 | 12.72 | 21.65 | 33.71 | 15.16 |
| Cash from investing | (27.63) | (5.45) | (12.13) | (6.84) | (18.61) | (25.30) | 13.04 |
| Cash from financing | (6.79) | 1.47 | (1.85) | (14.73) | (3.36) | 13.13 | (9.30) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 104 | 104 | 100 | 102 | 101 | 104 | 104 | 108 |
| Revenue growth (YoY) | +2.7% | -0.1% | -3.4% | -6.1% | -6.3% | - | - | - |
| Other income | 2.83 | 3.08 | 2.22 | 4.02 | 2.65 | 2.00 | 1.83 | 1.75 |
| EBITDA | 8.13 | 10.66 | 5.15 | 7.21 | 9.62 | 8.57 | 9.10 | 8.59 |
| EBITDA margin | +7.8% | +10.3% | +5.1% | +7.1% | +9.5% | +8.2% | +8.7% | +7.9% |
| Depreciation | 1.12 | 1.11 | 1.14 | 1.15 | 1.17 | 1.17 | 1.24 | 1.14 |
| Interest | 0.22 | 0.20 | 0.25 | 0.29 | 0.34 | 0.36 | 0.37 | 0.19 |
| Profit before tax | 9.62 | 12.43 | 5.98 | 9.79 | 10.76 | 9.04 | 9.32 | 9.01 |
| Tax | 1.26 | 2.27 | 0.93 | 2.23 | 2.01 | 2.24 | 1.39 | 1.44 |
| Net profit | 8.36 | 10.16 | 5.05 | 7.56 | 8.75 | 6.80 | 7.93 | 7.57 |
| EPS (₹) | 2.61 | 3.18 | 1.58 | 2.36 | 2.73 | 2.13 | 2.47 | 2.38 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 150 | 155 | 140 | 130 | 114 | 104 | 92.31 |
| Revenue growth | -3.5% | +11.0% | +7.9% | +13.4% | +9.9% | +12.6% | - |
| EBITDA | 19.87 | 24.56 | 21.86 | 20.83 | 16.11 | 18.28 | (52.63) |
| EBITDA margin | +13.3% | +15.8% | +15.7% | +16.1% | +14.1% | +17.6% | -57.0% |
| Profit before tax | 23.64 | 24.97 | 23.66 | 19.55 | 14.93 | 13.97 | (58.81) |
| Net profit | 20.92 | 18.81 | 16.47 | 14.87 | 11.45 | 8.53 | 1.55 |
| Net profit margin | +14.0% | +12.1% | +11.8% | +11.5% | +10.0% | +8.2% | +1.7% |
| EPS (₹) | 5.45 | 5.90 | 7.21 | 5.88 | 4.27 | 3.33 | (23.12) |
| Balance sheet | |||||||
| Total assets | 217 | 201 | 170 | 155 | 153 | 141 | 143 |
| Net worth | 204 | 189 | 163 | 146 | 142 | 131 | 122 |
| Total debt | 3.88 | 7.44 | 2.21 | 5.63 | 7.69 | 7.44 | 12.05 |
| Cash & bank | 85.90 | 60.60 | 61.99 | 46.15 | 28.24 | 31.31 | 13.64 |
| Net working capital | 132 | 89.60 | 87.45 | 68.66 | 43.99 | 49.04 | 32.62 |
| Cash flow | |||||||
| Cash from operations | 4.28 | 15.99 | 15.80 | 10.45 | 19.74 | 20.53 | 6.15 |
| Cash from investing | 6.72 | (4.46) | (2.04) | 6.19 | (19.38) | (25.27) | 12.07 |
| Cash from financing | (6.79) | (4.43) | (5.74) | (14.58) | (3.00) | (4.32) | (7.76) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 33.93 | 36.92 | 38.43 | 39.15 | 35.15 | 38.61 | 35.87 | 39.17 |
| Revenue growth (YoY) | -3.5% | -4.4% | +7.1% | -0.1% | -15.2% | - | - | - |
| Other income | 1.83 | 2.72 | 1.76 | 1.84 | 2.43 | 1.93 | 1.08 | 1.32 |
| Total expenses | 29.47 | 32.05 | 35.56 | 32.09 | 30.08 | 29.70 | 31.12 | 33.51 |
| EBITDA | 4.46 | 4.87 | 2.87 | 7.06 | 5.07 | 8.91 | 4.75 | 5.66 |
| EBITDA margin | +13.1% | +13.2% | +7.5% | +18.0% | +14.4% | +23.1% | +13.2% | +14.4% |
| Depreciation | 1.09 | 1.06 | 1.10 | 1.11 | 1.14 | 1.14 | 1.19 | 1.09 |
| Interest | 0.10 | 0.11 | 0.12 | 0.16 | 0.18 | 0.20 | 0.23 | 0.03 |
| Profit before tax | 5.10 | 6.42 | 3.41 | 7.63 | 6.18 | 9.50 | 4.41 | 5.86 |
| Tax | 1.26 | 1.23 | 1.24 | 2.25 | 1.52 | 2.24 | 1.12 | 1.45 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 104 | 104 | 100 | 102 | 101 | 104 | 104 | 108 |
| Revenue growth (YoY) | +2.7% | -0.1% | -3.4% | -6.1% | -6.3% | - | - | - |
| Other income | 2.83 | 3.08 | 2.22 | 4.02 | 2.65 | 2.00 | 1.83 | 1.75 |
| EBITDA | 8.13 | 10.66 | 5.15 | 7.21 | 9.62 | 8.57 | 9.10 | 8.59 |
| EBITDA margin | +7.8% | +10.3% | +5.1% | +7.1% | +9.5% | +8.2% | +8.7% | +7.9% |
| Depreciation | 1.12 | 1.11 | 1.14 | 1.15 | 1.17 | 1.17 | 1.24 | 1.14 |
| Interest | 0.22 | 0.20 | 0.25 | 0.29 | 0.34 | 0.36 | 0.37 | 0.19 |
| Profit before tax | 9.62 | 12.43 | 5.98 | 9.79 | 10.76 | 9.04 | 9.32 | 9.01 |
| Tax | 1.26 | 2.27 | 0.93 | 2.23 | 2.01 | 2.24 | 1.39 | 1.44 |
| Net profit | 8.36 | 10.16 | 5.05 | 7.56 | 8.75 | 6.80 | 7.93 | 7.57 |
| EPS (₹) | 2.61 | 3.18 | 1.58 | 2.36 | 2.73 | 2.13 | 2.47 | 2.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 407 | 424 | 386 | 337 | 299 | 287 | 276 |
| Revenue growth | -4.0% | +10.1% | +14.5% | +12.7% | +4.2% | +3.8% | - |
| Other income | 11.97 | 7.54 | 6.46 | 4.43 | 23.25 | 4.55 | 1.75 |
| Total expenses | 375 | 391 | 353 | 310 | 278 | 267 | 333 |
| Employee cost | 244 | 239 | 235 | 211 | 189 | 195 | 199 |
| EBITDA | 32.64 | 33.53 | 32.43 | 27.09 | 20.77 | 19.62 | (56.52) |
| EBITDA margin | +8.0% | +7.9% | +8.4% | +8.1% | +7.0% | +6.8% | -20.5% |
| Depreciation | 4.57 | 4.68 | 4.47 | 4.53 | 5.02 | 6.39 | 7.04 |
| Interest | 1.08 | 1.10 | 0.89 | 1.01 | 0.92 | 1.65 | 2.26 |
| Profit before tax | 38.96 | 35.29 | 33.53 | 25.98 | 38.08 | 16.13 | (64.07) |
| Tax | 7.44 | 6.61 | 6.22 | 5.21 | 4.77 | 5.27 | 0.73 |
| Net profit | 34.05 | 30.04 | 27.24 | 20.76 | 17.43 | 10.86 | (5.70) |
| Net profit margin | +8.4% | +7.1% | +7.1% | +6.2% | +5.8% | +3.8% | -2.1% |
| EPS (₹) | 9.87 | 8.99 | 10.87 | 8.35 | 13.17 | 4.31 | (25.70) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 31.95 | 31.91 | 25.12 | 24.86 | 25.30 | 25.21 | 25.21 |
| Reserves & surplus | 269 | 226 | 192 | 164 | 149 | 113 | 103 |
| Shareholders' funds (net worth) | 304 | 260 | 221 | 191 | 176 | 140 | 130 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 18.08 | 0.00 |
| Unsecured loans | 3.88 | 7.44 | 2.21 | 5.63 | 7.86 | 7.93 | 12.76 |
| Total debt | 3.88 | 7.44 | 2.21 | 5.63 | 7.86 | 26.01 | 12.76 |
| Total liabilities | 316 | 272 | 228 | 200 | 187 | 171 | 152 |
| Assets | |||||||
| Gross block | 48.11 | 49.27 | 48.61 | 48.39 | 55.45 | 50.82 | 119 |
| Net block | 33.21 | 37.97 | 32.84 | 35.83 | 38.13 | 37.77 | 50.80 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 56.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.43 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 114 | 101 | 93.41 | 85.86 | 72.62 | 68.47 | 57.04 |
| Cash & bank balances | 136 | 134 | 125 | 100 | 76.91 | 77.66 | 29.39 |
| Loans & advances | 17.35 | 12.80 | 13.40 | 9.35 | 10.01 | 8.59 | 26.87 |
| Total current assets | 267 | 248 | 232 | 196 | 160 | 155 | 113 |
| Total current liabilities | 53.45 | 49.18 | 47.60 | 42.92 | 42.51 | 36.03 | 32.55 |
| Net working capital | 213 | 199 | 184 | 153 | 117 | 119 | 80.75 |
| Total assets | 316 | 272 | 228 | 200 | 187 | 171 | 152 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 70.08 | 49.93 | 41.43 | 50.28 | 50.60 | 29.06 | 10.16 |
| Net cash from operating activities | 26.03 | 24.13 | 22.48 | 12.72 | 21.65 | 33.71 | 15.16 |
| Net cash from investing activities | (27.63) | (5.45) | (12.13) | (6.84) | (18.61) | (25.30) | 13.04 |
| Net cash from financing activities | (6.79) | 1.47 | (1.85) | (14.73) | (3.36) | 13.13 | (9.30) |
| Net change in cash | (8.39) | 20.15 | 8.50 | (8.85) | (0.32) | 21.54 | 18.90 |
| Closing cash | 136 | 134 | 125 | 100 | 76.91 | 77.66 | 29.39 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -4.0% | +10.1% | +14.5% | +12.7% | +4.2% | +3.8% | - |
| EBITDA growth | -2.7% | +3.4% | +19.7% | +30.4% | +5.9% | +134.7% | - |
| PBT growth | +10.4% | +5.3% | +29.1% | -31.8% | +136.1% | +9998.0% | - |
| Net income growth | +13.4% | +10.3% | +31.2% | +19.1% | +60.5% | +290.5% | - |
| Revenue CAGR (3Y) | +6.6% | +12.4% | +10.4% | +6.8% | -0.1% | -1.2% | -6.9% |
| EBITDA CAGR (3Y) | +6.4% | +17.3% | +18.2% | - | +67.8% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +7.7% | +6.8% | +7.1% | +6.2% | +11.2% | +3.8% | -23.5% |
| Return on capital employed | +13.6% | +14.5% | +16.1% | +14.0% | +11.4% | +10.7% | 0.0% |
| Return on net worth | +11.2% | +11.9% | +13.3% | +11.4% | +10.8% | +7.8% | 0.0% |
| Debt / equity | 0.02 | 0.02 | 0.02 | 0.05 | 0.11 | 0.14 | 0.04 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.03 | 0.03 | 0.04 | 0.02 |
| Interest cover | 3.85 | 3.81 | 3.18 | 4.48 | 5.84 | 12.47 | -3.56 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 8.37 | 8.67 | 7.95 | 6.49 | 5.62 | 3.38 | 2.46 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 3.79 | 4.36 | 4.30 | 4.25 | 4.24 | 4.57 | 4.32 |
| EPS (₹) | 9.87 | 8.99 | 10.87 | 8.35 | 13.17 | 4.31 | (25.70) |
| Dividend per share (₹) | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 |
| Book value per share (₹) | 94.30 | 80.77 | 86.55 | 76.15 | 68.77 | 54.78 | 50.70 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 33.93 | 36.92 | 38.43 | 39.15 | 35.15 | 38.61 | 35.87 | 39.17 |
| Revenue growth (YoY) | -3.5% | -4.4% | +7.1% | -0.1% | -15.2% | - | - | - |
| Other income | 1.83 | 2.72 | 1.76 | 1.84 | 2.43 | 1.93 | 1.08 | 1.32 |
| Total expenses | 29.47 | 32.05 | 35.56 | 32.09 | 30.08 | 29.70 | 31.12 | 33.51 |
| EBITDA | 4.46 | 4.87 | 2.87 | 7.06 | 5.07 | 8.91 | 4.75 | 5.66 |
| EBITDA margin | +13.1% | +13.2% | +7.5% | +18.0% | +14.4% | +23.1% | +13.2% | +14.4% |
| Depreciation | 1.09 | 1.06 | 1.10 | 1.11 | 1.14 | 1.14 | 1.19 | 1.09 |
| Interest | 0.10 | 0.11 | 0.12 | 0.16 | 0.18 | 0.20 | 0.23 | 0.03 |
| Profit before tax | 5.10 | 6.42 | 3.41 | 7.63 | 6.18 | 9.50 | 4.41 | 5.86 |
| Tax | 1.26 | 1.23 | 1.24 | 2.25 | 1.52 | 2.24 | 1.12 | 1.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 150 | 155 | 140 | 130 | 114 | 104 | 92.31 |
| Revenue growth | -3.5% | +11.0% | +7.9% | +13.4% | +9.9% | +12.6% | - |
| Other income | 8.75 | 5.44 | 6.57 | 3.59 | 3.97 | 2.83 | 1.84 |
| Total expenses | 130 | 131 | 118 | 109 | 98.14 | 85.70 | 145 |
| Employee cost | 103 | 100 | 97.56 | 91.96 | 78.48 | 70.81 | 66.24 |
| EBITDA | 19.87 | 24.56 | 21.86 | 20.83 | 16.11 | 18.28 | (52.63) |
| EBITDA margin | +13.3% | +15.8% | +15.7% | +16.1% | +14.1% | +17.6% | -57.0% |
| Depreciation | 4.41 | 4.51 | 4.32 | 4.27 | 4.65 | 5.84 | 6.15 |
| Interest | 0.57 | 0.52 | 0.45 | 0.60 | 0.50 | 1.30 | 1.87 |
| Profit before tax | 23.64 | 24.97 | 23.66 | 19.55 | 14.93 | 13.97 | (58.81) |
| Tax | 6.24 | 6.15 | 5.39 | 4.68 | 3.95 | 5.44 | 0.43 |
| Net profit | 20.92 | 18.81 | 16.47 | 14.87 | 11.45 | 8.53 | 1.55 |
| Net profit margin | +14.0% | +12.1% | +11.8% | +11.5% | +10.0% | +8.2% | +1.7% |
| EPS (₹) | 5.45 | 5.90 | 7.21 | 5.88 | 4.27 | 3.33 | (23.12) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 31.95 | 31.91 | 25.35 | 25.27 | 25.71 | 25.62 | 25.62 |
| Reserves & surplus | 170 | 155 | 136 | 119 | 115 | 103 | 94.46 |
| Shareholders' funds (net worth) | 204 | 189 | 163 | 146 | 142 | 131 | 122 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 |
| Unsecured loans | 3.88 | 7.44 | 2.21 | 5.63 | 7.69 | 7.42 | 12.05 |
| Total debt | 3.88 | 7.44 | 2.21 | 5.63 | 7.69 | 7.44 | 12.05 |
| Total liabilities | 217 | 201 | 170 | 155 | 153 | 141 | 143 |
| Assets | |||||||
| Gross block | 19.43 | 20.96 | 20.23 | 20.24 | 26.79 | 22.40 | 32.53 |
| Net block | 4.83 | 9.54 | 4.31 | 7.27 | 9.63 | 9.08 | 22.25 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 67.14 | 67.14 | 67.14 | 67.14 | 67.14 | 67.24 | 67.67 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 54.61 | 36.25 | 33.58 | 30.62 | 24.91 | 26.21 | 19.56 |
| Cash & bank balances | 85.90 | 60.60 | 61.99 | 46.15 | 28.24 | 31.31 | 13.64 |
| Loans & advances | 14.27 | 10.30 | 8.89 | 6.21 | 7.48 | 7.49 | 12.72 |
| Total current assets | 155 | 107 | 104 | 82.98 | 60.63 | 65.01 | 45.92 |
| Total current liabilities | 23.17 | 17.55 | 17.01 | 14.32 | 16.64 | 15.97 | 13.30 |
| Net working capital | 132 | 89.60 | 87.45 | 68.66 | 43.99 | 49.04 | 32.62 |
| Total assets | 217 | 201 | 170 | 155 | 153 | 141 | 143 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 18.79 | 11.69 | 3.67 | 1.61 | 4.25 | 13.31 | 2.85 |
| Net cash from operating activities | 4.28 | 15.99 | 15.80 | 10.45 | 19.74 | 20.53 | 6.15 |
| Net cash from investing activities | 6.72 | (4.46) | (2.04) | 6.19 | (19.38) | (25.27) | 12.07 |
| Net cash from financing activities | (6.79) | (4.43) | (5.74) | (14.58) | (3.00) | (4.32) | (7.76) |
| Net change in cash | 4.21 | 7.10 | 8.02 | 2.06 | (2.64) | (9.06) | 10.46 |
| Closing cash | 85.90 | 60.60 | 61.99 | 46.15 | 28.24 | 31.31 | 13.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -3.5% | +11.0% | +7.9% | +13.4% | +9.9% | +12.6% | - |
| EBITDA growth | -19.1% | +12.4% | +4.9% | +29.3% | -11.9% | +134.7% | - |
| PBT growth | -5.3% | +5.5% | +21.0% | +30.9% | +6.9% | +9998.0% | - |
| Net income growth | +11.2% | +14.2% | +10.8% | +29.9% | +34.2% | +450.3% | - |
| Revenue CAGR (3Y) | +4.9% | +10.7% | +10.3% | +12.0% | +2.0% | +5.6% | +3.3% |
| EBITDA CAGR (3Y) | -1.6% | +15.1% | +6.1% | - | +16.5% | +69.6% | - |
| Profitability & leverage | |||||||
| Net income margin | +11.6% | +12.1% | +13.1% | +11.5% | +9.6% | +8.2% | -64.2% |
| Return on capital employed | +14.1% | +13.7% | +13.4% | +13.1% | +10.3% | +10.5% | 0.0% |
| Return on net worth | +10.6% | +10.7% | +10.7% | +10.3% | +7.9% | +6.6% | 0.0% |
| Debt / equity | 0.03 | 0.03 | 0.03 | 0.05 | 0.06 | 0.08 | 0.04 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | 0.04 | 0.03 |
| Interest cover | 3.69 | 2.59 | 2.57 | 3.62 | 4.36 | 10.45 | -3.18 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 7.41 | 7.53 | 6.90 | 5.51 | 4.65 | 3.79 | 3.71 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 3.29 | 4.44 | 4.35 | 4.66 | 4.47 | 4.54 | 4.05 |
| EPS (₹) | 5.45 | 5.90 | 7.21 | 5.88 | 4.27 | 3.33 | (23.12) |
| Dividend per share (₹) | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 |
| Book value per share (₹) | 63.22 | 58.51 | 63.58 | 57.18 | 54.71 | 50.28 | 46.87 |
Competitors of Mindteck
Mindteck has 2 listed competitors in our database, 2 of them funded. They include SFO Technologies and Kaynes Technology.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sfotechnologies.net | 1990 | Kochi, India | $37.5M | 2,870 | Provider of ODM plus solutions for diverse industries | |
| kaynestechnology.co.in | 2008 | Mysuru, India | $22.44M | 587 | Integrated electronics manufacturing and IoT solutions are delivered across industries. |
Detailed competitors of Mindteck
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Web traffic of Mindteck
The website of Mindteck (mindteck.com) receives about 24.9K visits a month.
- Monthly visits24.9K
▼ 3.7% vs previous month
Websites whose visitors overlap most with Mindteck. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
asp.net | asp.net | 100% | #419,771 | – | |
somagroup.com | somagroup.com | 90% | – | ||
| zebor.com | 88% | View details | |||
emdigo.com | emdigo.com | 88% | – | ||
| ghs.com | 88% | 34.9K | #877,572 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for Mindteck
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Related news about Mindteck
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Frequently Asked Questions about Mindteck
Mindteck was founded in 1991.
Mindteck is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Anand Balakrishnan is the CEO of Mindteck, as recorded in our data.
Mindteck has 732 employees.
The primary company behind Mindteck, Mindteck (India) Limited, reported revenue of ₹419 Cr for FY 2026, down 4% year on year.
Mindteck, a global product engineering and IT services company with US headquarters in Pennsylvania, has provided end-to-end solutions to a Global 2000 and public sector clientèle for over 21 years. The companys depth of knowledge and niche expertise in Life Sciences, High-Tech (Smart Energy, Semiconductor) and the Public Sector, is complemented by dedicated Centers of Excellence in Cloud Computing, Mobility Solutions, Electronics and Wireless Design, and Storage Testing. Presently, the company employs over 1,000 individuals throughout offices in the US and UK, Singapore, Malaysia, Bahrain and India. It also has four development centers (US, Singapore and India (Kolkata, Bangalore)). Aside from serving its long-standing clientele, Mindteck is also focused on further developing Mindteck Academy, a customized IT training solution designed to fill clients IT skill gaps and foster local, professional career growth in technology. Candidates include qualified applicants who are underserved, such as recent college graduates, displaced workers and military veterans.
Mindteck's top competitors include SFO Technologies and Kaynes Technology.
Mindteck offers Product Engineering, Smart City Solutions, Data Center Transformation, and Application Development.
Yes, Mindteck is publicly traded on NSE under the ticker symbol MINDTECK.
Mindteck operates through Mindteck (India) Limited.
The legal entities of Mindteck currently have 10 directors, including Keyuri Singh, Meenaz Dhanani, Satish Menon Kumar and others.
