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Mindteck (India) Ltd (MINDTECK)

₹383.050.04%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹376.95
    ₹394.2
  • 52 Week's Low

    52 Week's High

    ₹119
    ₹411
1 Month Return+ 23.53 %
3 Month Return+ 29.26 %
1 Year Return+ 165.83 %
Previous Close₹383.20
Open₹386.90
Volume1.12L
Upper Circuit-
Lower Circuit-
Market Cap₹975.57Cr

Key Statistics

P/E Ratio34.93
PEG Ratio12.89
Market Cap₹975.57 Cr
P/B Ratio3.19
EPS-25.7

Company Information

Mindteck, previously known as Hinditron, is an IT firm that was established in 1991. It has an impressive record of success and its operations are supported by more than 300 professionals spread across the USA, UK, Japan, Singapore, and India. It has three offshore development centers in India located in Bangalore, Calcutta, and Mumbai. In 2001, the company acquired Nicco Infotech Limited, and was awarded ISO 9001 certification by KPMG. In addition, a rights issue of Rs. 12.50 crores at a premium of Rs. 90/- per share was declared. The same year, it acquired Infotech Holdings Inc. Finally, in October 2002, an acquisition was made with Mindtech's subsidiary Infotech Holdings Inc., which merged with Mindtech Consulting Inc, as the surviving entity. Hinditron has been an integral part of introducing international IT companies in India, including Digital Equipment Textronix and Novellus.

Share Price: ₹383.05 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹975.57Cr as of today
Revenue: ₹97.90Cr as on March 2024 (Q1 24)
Net Profit: ₹6.48Cr as on March 2024 (Q1 24)
Listing date: 02 Aug, 2016
Chairperson Name: Yusuf Lanewala
OrganisationMindteck (India) Ltd
Headquarters
IndustryIT - Software
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Key events for Mindteck (India) Ltd

  • Mindteck (India) Ltd Shares Surge 28% in 30 Days - 04 Jul, 2024

    Shares of Mindteck (India) Limited have surged by 28% in the last thirty days, with an annual gain of 138%. Despite a P/E ratio of 30x, which may seem high compared to other Indian companies, its strong earnings growth has been driving investor interest. The company's future earnings performance will determine whether it remains a good buy.

Insights on Mindteck (India) Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 97.27 Cr → 99.56 Cr (in ₹), with an average increase of 2.3% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 33.92% to 35.15% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, MINDTECK stock has moved up by 23.5%

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, MINDTECK has outperformed top 5 stocks with highest market-cap in IT Services & Consulting

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, MINDTECK has outperformed top 5 stocks with highest market-cap in IT Services & Consulting

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 64.83% to 64.61% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 7.41 Cr → 6.48 Cr (in ₹), with an average decrease of 6.4% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.33% to 0.22% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹97.90Cr
↑2.25%
Net Income
₹6.48Cr
↓9.87%
Net Profit Margin
6.62%
↓11.85%
2024Y/Y Change
Revenue
₹385.53Cr
↑14.49%
Net Income
₹27.31Cr
↑31.49%
Net Profit Margin
7.08%
↑14.75%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹186.75Cr
↑10.29%
Total Liabilities
₹23.85Cr
↑1.53%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹15.80Cr
↑51.20%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
64.61%
-0.34
Foreign Institutions
0.22%
-34.12
Mutual Funds
0%
0.00
Retail Investors
35.15%
3.63
Others
0.02%
-97.87

Key Indicators

Mindteck (India) Ltd Valuation

Mindteck (India) Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-32.05x)

April 20, 2018

Today (34.93x)

July 23, 2024

Industry (38.04x)

July 23, 2024

Highest (325.45x)

September 30, 2019

LowHigh

Earnings and Dividends

  • Mindteck (India) Ltd Earnings Results

    Mindteck (India) Ltd’s net profit jumped 19.78% since last year same period to ₹6.48Cr in the Q4 2023-2024. On a quarterly growth basis, Mindteck (India) Ltd has generated -9.87% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Mindteck (India) Ltd Dividends May,2024

    In the quarter ending March 2024, Mindteck (India) Ltd has declared dividend of ₹1 - translating a dividend yield of 0.52%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Mindteck (India) Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Mindteck (India) Ltd (MINDTECK) share price today is ₹383.05

Mindteck (India) Ltd is listed on NSE

Mindteck (India) Ltd is listed on BSE

  • Today’s highest price of Mindteck (India) Ltd is ₹394.2.
  • Today’s lowest price of Mindteck (India) Ltd is ₹376.95.

PE Ratio of Mindteck (India) Ltd is 34.93

PE ratio = Mindteck (India) Ltd Market price per share / Mindteck (India) Ltd Earnings per share

Today’s traded volume of Mindteck (India) Ltd(MINDTECK) is 1.12L.

Today’s market capitalisation of Mindteck (India) Ltd(MINDTECK) is ₹975.57Cr.

Mindteck (India) Ltd(MINDTECKPrice
52 Week High
₹411
52 Week Low
₹119

Mindteck (India) Ltd(MINDTECK) share price is ₹383.05. It is down -6.80% from its 52 Week High price of ₹411

Mindteck (India) Ltd(MINDTECK) share price is ₹383.05. It is up 221.89% from its 52 Week Low price of ₹119

Mindteck (India) Ltd(MINDTECKReturns
1 Day Returns
-0.15%
1 Month Returns
23.53%
3 Month Returns
29.26%
1 Year Returns
165.83%