About Mindtree Limited
Data last updated: 25 June 2025
Mindtree Limited was a public limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Larsen & Toubro Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 05 August 1999.
Registered with ROC Bangalore under CIN L72200KA1999PLC025564. Listed on BSE: 532819 and NSE: MINDTREE.
Capital: an authorised share capital of ₹800 Cr and a paid-up capital of ₹164.96 Cr. Formerly known as Mindtree Consulting Limited and Mindtree Consulting Private Limited. It was led by directors including Apurva Purohit and Akshaya Bhargava.
Last AGM: 13 July 2022. Financial statements filed for year ended 31 March 2022. Office: Global Village Rvce Post Mysore Road, Bangalore, Karnataka, India – 560059.
As per NSE-filed consolidated financials for FY 2022, the company reported a revenue of ₹10,525 Cr, a growth of 32.1% compared to the previous year. The net worth stands at ₹5,473.9 Cr (up 26.74% YoY).
The company had a reported workforce of approximately 33,129 employees prior to being dissolved. It operated as a subsidiary of Larsen & Toubro Limited.
The company was associated with 1 brand - Mindtree. As per MCA filings, the company had satisfied charges of ₹576 Cr on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is mindtree.com.
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Registered AddressGlobal Village Rvce Post Mysore Road, Bangalore, Karnataka, India – 560059
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IndustryInformation Technology, IT Consulting & Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Mindtree Limited
Mindtree Limited has undergone 3 name changes throughout its history. The company was previously known as Mindtree Consulting Limited, Mindtree Consulting Private Limited, and Mindtree Consulting Limited. The current legal name is Mindtree Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Mindtree Limited | Current |
| Mindtree Consulting Limited | Previous |
| Mindtree Consulting Private Limited | Previous |
| Mindtree Consulting Limited | Previous |
CIN History of Mindtree Limited
Mindtree Limited has one previous CIN (Corporate Identification Number): U72200KA1999PLC025564. The current CIN is L72200KA1999PLC025564, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72200KA1999PLC025564 | Current |
| U72200KA1999PLC025564 | Previous |
Associated Brands with Mindtree Limited
Mindtree Limited operates one associated brand: Mindtree. These brands represent Mindtree Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Outsourcing solutions in IT, engineering, and consulting are delivered. | mindtree.com |
Competitors & Alternatives of Mindtree Limited
Brands and companies operating in the same space as Mindtree Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Happiest Minds
|
IT outsourcing services are delivered across multiple business lines. | Bengaluru, India, India | 2011 |
Mavenir
|
Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
1&1 IONOS
|
Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
Datamatics
|
Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India, India | 1975 |
Genpact
|
Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
NTT DATA
|
Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan, Japan | 1967 |
Endava
|
Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom, United Kingdom | 2000 |
Accenture
|
IT and management consultancy services are provided globally. | Dublin, Ireland, Ireland | 1989 |
UST
|
High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Business Activity of Mindtree Limited
Mindtree Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details for Mindtree Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mindtree Limited
Mindtree Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS | Locked | Locked | Locked |
Complete auditor history for Mindtree Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Mindtree Limited
Mindtree Limited currently reports 10 directors and 1 key managerial person. 29 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Apurva Purohit | Director | 01 Jan 2014 | 12 Years 7 Months | As last reported |
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Akshaya Bhargava
Also directs:
Ger Partners Llp, Investorai Technologies India Private Limited
|
Director | 12 Dec 2016 | 9 Years 8 Months | As last reported |
| Sekharipuram Narayanan Subrahmanyan | Director | 16 Jul 2019 | 7 Years 0 Months | As last reported |
| Ramamurthi Shankar Raman | Director | 16 Jul 2019 | 7 Years 0 Months | As last reported |
|
Deepa Gopalan Wadhwa
Also directs:
L&T Metro Rail (Hyderabad) Limited, J. K. Cement Limited., Jk Paper Limited and 5 more
|
Director | 16 Jul 2019 | 7 Years 0 Months | As last reported |
| Anilkumar Manibhai Naik | Director | 18 Jul 2019 | 7 Years 0 Months | As last reported |
Financials of Mindtree Limited FY 2022 filings available
Mindtree Limited reported revenue of ₹10,525 Cr (up 32.1% YoY) for FY 2022.
| Metrics | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Revenue from Operations | ₹10,525 Cr | ₹7,967.8 Cr | ₹7,764.3 Cr |
| Other Income | ₹307.3 Cr | ₹151.7 Cr | ₹75.6 Cr |
| Total Income | ₹10,833 Cr | ₹8,119.5 Cr | ₹7,839.9 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹6,327.8 Cr | ₹5,113.2 Cr | ₹5,064.7 Cr |
| Finance Costs | ₹50.2 Cr | ₹50.4 Cr | ₹52.9 Cr |
| Depreciation & Amortisation | ₹242 Cr | ₹259.6 Cr | ₹275.4 Cr |
| Other Expenses | ₹2,001.9 Cr | ₹1,197.9 Cr | ₹1,618.1 Cr |
| Total Expenses | ₹8,621.9 Cr | ₹6,621.1 Cr | ₹7,011.1 Cr |
| Profit Before Exceptional Items & Tax | ₹2,210.7 Cr | ₹1,498.4 Cr | ₹828.8 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2,210.7 Cr | ₹1,498.4 Cr | ₹828.8 Cr |
| Total Tax Expense | ₹557.8 Cr | ₹387.9 Cr | ₹197.9 Cr |
| Net Profit | ₹1,652.9 Cr | ₹1,110.5 Cr | ₹630.9 Cr |
| attributable to Owners | ₹1,652.9 Cr | ₹1,110.5 Cr | ₹630.9 Cr |
| attributable to NCI | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | ₹97.6 Cr | ₹329.8 Cr | -₹211.8 Cr |
| Total Comprehensive Income | ₹1,750.5 Cr | ₹1,440.3 Cr | ₹419.1 Cr |
| EBITDA (computed) | ₹2,502.9 Cr | ₹1,808.4 Cr | ₹1,157.1 Cr |
| Basic EPS | ₹100.31 | ₹67.44 | ₹38.35 |
| Diluted EPS | ₹100.25 | ₹67.41 | ₹38.33 |
| Metrics | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Equity (Net Worth) | ₹5,473.9 Cr | ₹4,319 Cr | ₹3,156.8 Cr |
| Metrics | FY 2022 |
|---|---|
| Operating Cash Flow | ₹1,537 Cr |
| Investing Cash Flow | -₹686 Cr |
| Financing Cash Flow | -₹595.7 Cr |
| Capital Expenditure | ₹198.2 Cr |
| Free Cash Flow (computed) | ₹1,338.8 Cr |
| Dividends Paid | ₹452.8 Cr |
| Net Change in Cash | ₹291.6 Cr |
| Segment · FY 2022 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Banking, Financial Services and Insurance | ₹1,876.4 Cr | ₹363.8 Cr | - | - |
| Communications, Media and Technology | ₹4,581.8 Cr | ₹1,127.6 Cr | - | - |
| Healthcare | ₹128.8 Cr | ₹13.5 Cr | - | - |
| Retail, CPG and Manufacturing | ₹2,485.9 Cr | ₹378.5 Cr | - | - |
| Travel, Transportation and Hospitality | ₹1,452.4 Cr | ₹312.2 Cr | - | - |
| Metrics | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Revenue from Operations | ₹10,525 Cr | ₹7,967.8 Cr | ₹7,764.3 Cr |
| Other Income | ₹307.1 Cr | ₹151.7 Cr | ₹75.6 Cr |
| Total Income | ₹10,832 Cr | ₹8,119.5 Cr | ₹7,839.9 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹6,327.8 Cr | ₹5,113.2 Cr | ₹5,064.7 Cr |
| Finance Costs | ₹50.2 Cr | ₹50.4 Cr | ₹52.9 Cr |
| Depreciation & Amortisation | ₹242 Cr | ₹259.6 Cr | ₹275.4 Cr |
| Other Expenses | ₹2,001.8 Cr | ₹1,198.1 Cr | ₹1,618.2 Cr |
| Total Expenses | ₹8,621.8 Cr | ₹6,621.3 Cr | ₹7,011.2 Cr |
| Profit Before Exceptional Items & Tax | ₹2,210.6 Cr | ₹1,498.2 Cr | ₹828.7 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2,210.6 Cr | ₹1,498.2 Cr | ₹828.7 Cr |
| Total Tax Expense | ₹557.8 Cr | ₹387.9 Cr | ₹197.9 Cr |
| Net Profit | ₹1,652.8 Cr | ₹1,110.3 Cr | ₹630.8 Cr |
| Other Comprehensive Income | ₹97.6 Cr | ₹329.8 Cr | -₹211.8 Cr |
| Total Comprehensive Income | ₹1,750.4 Cr | ₹1,440.1 Cr | ₹419 Cr |
| EBITDA (computed) | ₹2,502.8 Cr | ₹1,808.2 Cr | ₹1,157 Cr |
| Basic EPS | ₹100.30 | ₹67.43 | ₹38.35 |
| Diluted EPS | ₹100.24 | ₹67.39 | ₹38.33 |
| Metrics | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Equity (Net Worth) | ₹5,473.4 Cr | ₹4,318.6 Cr | ₹3,156.6 Cr |
| Metrics | FY 2022 |
|---|---|
| Operating Cash Flow | ₹1,537.3 Cr |
| Investing Cash Flow | -₹686 Cr |
| Financing Cash Flow | -₹595.7 Cr |
| Capital Expenditure | ₹198.2 Cr |
| Free Cash Flow (computed) | ₹1,339.1 Cr |
| Dividends Paid | ₹452.8 Cr |
| Net Change in Cash | ₹291.9 Cr |
| Segment · FY 2022 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Banking, Financial Services and Insurance | ₹1,876.4 Cr | ₹363.9 Cr | - | - |
| Communications, Media and Technology | ₹4,581.8 Cr | ₹1,127.6 Cr | - | - |
| Healthcare | ₹128.8 Cr | ₹13.5 Cr | - | - |
| Retail, CPG and Manufacturing | ₹2,485.9 Cr | ₹378.5 Cr | - | - |
| Travel, Transportation and Hospitality | ₹1,452.4 Cr | ₹312.2 Cr | - | - |
Ownership and Shareholding of Mindtree Limited
Shareholding and ownership data for Mindtree Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
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Charges & Borrowings of Mindtree Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2009 | Citibank N.A. | ₹40 Cr | Satisfied |
| 14 Jul 2008 | Citibank N.A. | ₹50 Cr | Satisfied |
| 04 Feb 2008 | The Hongkong and Shanghai Banking Corporation Limited | ₹130 Cr | Satisfied |
| 10 Jul 2007 | The Hongkong and Shanghai Banking Corporation Limited | ₹155 Cr | Satisfied |
| 30 Aug 2005 | Standard Chartered Bank | ₹50 Cr | Satisfied |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Mindtree Limited
Mindtree Limited has a workforce of 33,129 employees as of Apr 05, 2024.
Employee and EPFO history for Mindtree Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Mindtree Limited
GST registrations and filing compliance for Mindtree Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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Credit Ratings, Litigation & Regulatory Alerts for Mindtree Limited
Credit ratings, litigation, and regulatory alerts for Mindtree Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Mindtree Limited
MSME payment history for Mindtree Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Mindtree Limited
Corporate group structure for Mindtree Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
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MCA Filings & Documents of Mindtree Limited
MCA filings and documents for Mindtree Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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Recent Activity on Mindtree Limited
Recent News on Mindtree Limited
Frequently Asked Questions about Mindtree Limited
Mindtree Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mindtree Limited is a amalgamated public limited company in the information technology sector based in Bangalore, Karnataka, India. It was incorporated on 05 August 1999 and is registered under CIN L72200KA1999PLC025564. Listed on BSE: 532819 and NSE: MINDTREE. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Mindtree Limited was incorporated on 05 August 1999. Registered with ROC Bangalore.
The current directors and KMP of Mindtree Limited are:
- Apurva Purohit - Director
- Akshaya Bhargava - Director
- Sekharipuram Narayanan Subrahmanyan - Director
- Ramamurthi Shankar Raman - Director
- Deepa Gopalan Wadhwa - Director
- Anilkumar Manibhai Naik - Director
- Venugopal Lambu - Whole-Time Director
- Vinit Ajit Teredesai - Cfo
- Debashis Chatterjee - Managing Director
- Bijou Kurien - Director
- Chandrasekaran Ramakrishnan - Director
The CIN (Corporate Identification Number) of Mindtree Limited is L72200KA1999PLC025564. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Mindtree Limited is information technology. The company specifically operates in IT consulting and support services.