IT software and consulting services: standalone entity ₹35 Cr quarterly revenue, consolidated ₹102 Cr quarterly. Zero-debt balance sheet with ₹2–10 Cr quarterly net profit.
Revenue stalled at ₹100–104 Cr quarterly since Sep-2025; verify customer losses or competitive displacement
Margin volatility: consolidated OPM 7–10%, standalone 13–21% across quarters; identify root cause of inconsistency
Institutional participation absent: FII 0.06%, DII 0% despite zero debt; verify valuation, governance, or liquidity concerns
Stock down 8.75% in 12 months despite profitability; verify sector headwinds or confidence gap
Generated analysis · source review pending
Subsidiary ₹65 Cr of ₹104 Cr quarterly consolidated revenue; verify scaling capacity into new customer segments, verticals, or geographies
Zero debt (D/E = 0) enables M&A or capex without financial constraints; verify whether growth deployment plans exist
Margin recovery trajectory: consolidated OPM improved to 10.26% (Mar-2026) from 7.09% (Sep-2025); verify if operational improvements sustainable
Dividends annual since 2023 plus 2024 bonus signal cash generation; verify if reinvestment strategy funds revenue growth initiatives
Generated analysis · source review pending
2,506 historical price candles were omitted because the exchange source has not been verified.
Structured signal from quality, growth, valuation and momentum.
₹ crore, by fiscal year
% of revenue, by fiscal year
Comparable companies from the narrowest available industry classification.
Reported profit and loss, balance sheet, cash flow and growth history.
Annual operating, return, leverage and working-capital ratios.
Current futures and options contracts with compact option-chain pages.
Mutual-fund schemes that disclosed a holding in the company.
Annual reports, exchange filings, offer documents, ratings and earnings-call material.
Upcoming dates and the company’s corporate-action history.
Latest exchange announcements, filings and downloadable documents.
Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 84% | — | — | — | — | — | — | — |
| EBITDA margin % | 1.5% | 1.6% | 6.8% | 7% | 8.1% | 8.4% | 8.3% | 9.3% |
| EBIT margin % | 0.8% | -0.9% | 4.6% | 5.3% | 6.7% | 7.3% | 7.2% | 8.2% |
| PAT margin % | 0.9% | -23.5% | 3.8% | 11.2% | 6.2% | 7.1% | 6.8% | 7.7% |
| Working capital | ||||||||
| Receivable days | — | — | 64 | 89 | 93 | 88 | 87 | 102 |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | — | 18 | 24 | 18 | 17 | 16 | 20 |
| NWC days | — | — | 46 | 65 | 75 | 71 | 71 | 82 |
| Leverage | ||||||||
| Current ratio | — | — | 2.64 | 3.49 | 4.22 | 4.65 | 4.68 | 5.63 |
| Debt to EBITDA | — | — | 0.92 | 0 | 0 | 0 | 0 | 0 |
| Debt to equity | — | — | 0.13 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 5.4 | -0.4 | 10.8 | 22.6 | 26.7 | 38.7 | 34.7 | 40.2 |
| Asset turnover | — | — | 1.39 | 1.3 | 1.39 | 1.4 | 1.32 | 1.1 |
| Return ratios | ||||||||
| Return on assets % | — | — | 5.3% | 14.5% | 8.6% | 9.9% | 8.9% | 8.5% |
| Return on capital employed % | — | — | 12% | 12.6% | 14.2% | 16.3% | 15.4% | 14.9% |
| Return on equity % | — | — | 7.8% | 19% | 10.9% | 12.4% | 11% | 10.4% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.
No scheme among the 32 fund houses on record reported a position in Mindteck (India) Limited. Portfolios are published monthly by each AMC; coverage is still partial.
| Holder (%) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 64.93% | 64.91% | 64.83% | 64.61% | 64.49% | 64.49% | 64.36% | 64.2% | 64.2% | 64.2% | 64.2% | 64.2% | |
| 0.2% | 0.2% | 0.33% | 0.22% | 0.04% | 0.02% | 0.18% | 0% | 0% | 0.07% | 0.01% | 0.06% | |
| DII | 0% | 0% | 0% | 0.02% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 33.23% | 33.24% | 33.92% | 35.15% | 35.47% | 35.49% | 35.46% | 35.8% | 35.8% | 35.73% | 35.79% | 35.74% | |
| No. of shareholders | — | — | — | — | — | — | — | — | 31,603 | 31,956 | 32,189 | 32,078 |
Promoter holding down 0.73 percentage points since Sep 2023.
| Date | Client | Type | Venue | Side | Quantity | Price | Value |
|---|---|---|---|---|---|---|---|
| 6 Jan 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | Bulk | NSE | Buy | 2,72,777 | ₹247.84 | ₹6.76 Cr |
| 6 Jan 2026 | NK SECURITIES RESEARCH PRIVATE LIMITED | Bulk | NSE | Sell | 2,72,777 | ₹248.05 | ₹6.77 Cr |
| 23 Apr 2025 | MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED | Bulk | NSE | Sell | 1,99,659 | ₹217.08 | ₹4.33 Cr |
| 23 Apr 2025 | MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED | Bulk | NSE | Buy | 1,99,659 | ₹216.46 | ₹4.32 Cr |
| 12 Apr 2024 | GRAVITON RESEARCH CAPITAL LLP | Bulk | NSE | Sell | 1,95,601 | ₹288.01 | ₹5.63 Cr |
| 12 Apr 2024 | GRAVITON RESEARCH CAPITAL LLP | Bulk | NSE | Buy | 1,95,601 | ₹287.88 | ₹5.63 Cr |
| 9 Apr 2024 | QE SECURITIES LLP | Bulk | NSE | Sell | 2,05,091 | ₹280.01 | ₹5.74 Cr |
| 9 Apr 2024 | QE SECURITIES LLP | Bulk | NSE | Buy | 1,98,288 | ₹281.36 | ₹5.58 Cr |
| 9 Apr 2024 | GRAVITON RESEARCH CAPITAL LLP | Bulk | NSE | Sell | 1,78,882 | ₹274.99 | ₹4.92 Cr |
| 9 Apr 2024 | GRAVITON RESEARCH CAPITAL LLP | Bulk | NSE | Buy | 1,78,882 | ₹275.39 | ₹4.93 Cr |
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.
| Company | Mkt Cap | EV | Revenue | EBITDA | OPM | PAT | NPM | ROCE | ROE | WC Days |
|---|---|---|---|---|---|---|---|---|---|---|
| Persistent Systems LimitedPERSISTENTPERSISTENT | ₹84,691 Cr | ₹84,691 Cr | ₹15,718 Cr | ₹2,881 Cr | 19% | ₹1,923 Cr | 12.7% | 34.2% | 26.3% | 48 |
| Coforge LimitedCOFORGECOFORGE | ₹80,837 Cr | ₹81,237 Cr | ₹18,152 Cr | ₹3,397 Cr | 17.9% | ₹1,717 Cr | 10.6% | 22.2% | 19.7% | 88 |
| Mphasis LimitedMPHASISMPHASIS | ₹42,956 Cr | ₹44,749 Cr | ₹16,531 Cr | ₹3,071 Cr | 18.8% | ₹1,910 Cr | 11.7% | 24.7% | 18.3% | 58 |
| Hexaware Technologies LimitedHEXTHEXT | ₹29,966 Cr | ₹29,966 Cr | ₹14,420 Cr | ₹2,155 Cr | 14.2% | ₹1,344 Cr | 10.2% | — | — | — |
| Tata Elxsi LimitedTATAELXSITATAELXSI | ₹19,268 Cr | ₹19,268 Cr | ₹3,886 Cr | ₹876 Cr | 22.5% | ₹655 Cr | 16.7% | 29.9% | 21.3% | -54 |
| Fractal Analytics LimitedFRACTALFRACTAL | ₹12,510 Cr | ₹12,796 Cr | ₹3,300 Cr | ₹508 Cr | 15.4% | ₹292 Cr | 8.7% | 15.3% | 11.8% | 61 |
| Rategain Travel Technologies LimitedRATEGAINRATEGAIN | ₹9,953 Cr | ₹10,875 Cr | ₹2,336 Cr | ₹459 Cr | 18.5% | ₹242 Cr | 10.7% | 13.8% | 10.5% | 36 |
| Zensar Technologies LimitedZENSARTECHZENSARTECH | ₹9,881 Cr | ₹9,881 Cr | ₹5,811 Cr | ₹926 Cr | 16.1% | ₹776 Cr | 13.6% | 23% | 17.6% | 31 |
| ASM Technologies LtdASMTECASMTEC | ₹9,641 Cr | ₹9,754 Cr | ₹529 Cr | ₹101 Cr | 19.1% | ₹26 Cr | 11.5% | 33.3% | 25.7% | 202 |
| Intellect Design Arena LimitedINTELLECTINTELLECT | ₹8,566 Cr | ₹8,566 Cr | ₹3,182 Cr | ₹603 Cr | 19.1% | ₹351 Cr | 11.3% | 15.6% | 11.6% | 46 |
| Birlasoft LimitedBSOFTBSOFT | ₹7,542 Cr | ₹7,551 Cr | ₹5,404 Cr | ₹930 Cr | 16.3% | ₹573 Cr | 9.8% | 21.2% | 13.7% | 63 |
| Sonata Software LimitedSONATSOFTWSONATSOFTW | ₹7,124 Cr | ₹7,692 Cr | ₹11,015 Cr | ₹752 Cr | 6.9% | ₹463 Cr | 4.3% | 32.4% | 25.7% | -19 |
Documents link to external sources (exchange filings, company investor pages).
Announcement under Regulation 30 (LODR)-Newspaper Publication
Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Communication To Shareholders - Tax Deducted At Source (TDS) On Dividend
Reg. 34 (1) Annual Report.
Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Communication To Shareholders - Intimation On Notice Of 35Th Annual General Meeting (AGM) To Be Held On Thursday, August 13, 2026, At 10 AM IST Through Video Conferencing/Other Audio-Visual Means (VC)
Intimation Of Record Date For Payment Of Dividend
Intimation Of Book Closure Notice
| Date | Category | Subject | Filing |
|---|---|---|---|
| 9 Sept 2026, 4:39 pm | Company Update Newspaper Publication | Announcement under Regulation 30 (LODR)-Newspaper Publication | |
| 22 Jul 2026, 12:48 pm | Company Update Newspaper Publication | Announcement under Regulation 30 (LODR)-Newspaper Publication | |
| 21 Jul 2026, 7:27 pm | Company Update General | Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Communication To Shareholders - Tax Deducted At Source (TDS) On Dividend | |
| 21 Jul 2026, 5:28 pm | Others Reg. 34 (1) Annual Report | Reg. 34 (1) Annual Report. | |
| 21 Jul 2026, 5:06 pm | Company Update General | Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 | |
| 21 Jul 2026, 5:03 pm | Company Update General | Communication To Shareholders - Intimation On Notice Of 35Th Annual General Meeting (AGM) To Be Held On Thursday, August 13, 2026, At 10 AM IST Through Video Conferencing/Other Audio-Visual Means (VC) | |
| 21 Jul 2026, 5:00 pm | Corp. Action Record Date | Intimation Of Record Date For Payment Of Dividend | |
| 21 Jul 2026, 4:57 pm | Corp. Action Book Closure | Intimation Of Book Closure Notice |
Consolidated figures · ₹ crore
| ₹ Cr | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 297 | 299 | 276 | 287 | 299 | 337 | 386 | 424 | 407 | |
| COGS | 54 | 48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross profit | 243 | 251 | — | — | — | — | — | — | — |
| 242 | 247 | 272 | 267 | 278 | 310 | 353 | 389 | 369 | |
| 1 | 4 | 4 | 20 | 21 | 27 | 32 | 35 | 38 | |
| OPM % | 0.4% | 1.5% | 1.6% | 6.8% | 7% | 8.1% | 8.4% | 8.3% | 9.3% |
| Depreciation | 1 | 2 | 7 | 6 | 5 | 5 | 4 | 5 | 5 |
| Interest | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| 0 | 3 | -59 | 5 | 23 | 4 | 6 | 6 | 7 | |
| Profit before tax | -0 | 4 | -64 | 16 | 38 | 26 | 34 | 35 | 39 |
| Tax | 6 | 2 | 1 | 5 | 5 | 5 | 6 | 7 | 7 |
| Tax % | 4,608.3% | 37.2% | 1.1% | 32.7% | 12.5% | 20.1% | 18.6% | 18.7% | 19.1% |
| -6 | 3 | -65 | 11 | 33 | 21 | 27 | 29 | 32 | |
| PAT margin % | -1.9% | 0.9% | -23.5% | 3.8% | 11.2% | 6.2% | 7.1% | 6.8% | 7.7% |
| EPS (₹) | -2.3 | 1.1 | -25.7 | 4.3 | 13.2 | 8.3 | 11 | 9 | 9.9 |
| EPS adjusted (₹) | — | — | — | 3.5 | 10.5 | 6.7 | 8.7 | 9 | 9.9 |
| — | 91.7% | — | 0% | 7.6% | 12.1% | 9.1% | 11.1% | 10.1% | |
| Annual report | Annual report for Mar 2018 | Annual report for Mar 2019 | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | Annual report for Mar 2026 |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 25 | 25 | 25 | 25 | 32 | 32 |
| Reserves | 115 | 150 | 166 | 196 | 228 | 272 |
| 18 | 0 | 0 | 0 | 0 | 0 | |
| 49 | 54 | 52 | 55 | 62 | 66 | |
| Total equity & liabilities | 207 | 229 | 243 | 276 | 322 | 370 |
| 37 | 38 | 35 | 32 | 37 | 33 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 1 | 57 |
| 169 | 191 | 207 | 243 | 284 | 280 | |
| Total assets | 207 | 229 | 243 | 276 | 322 | 370 |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 34 | 22 | 13 | 22 | 24 | 26 | |
| -25 | -20 | -10 | -13 | -7 | -37 | |
| 13 | -3 | -15 | -2 | 1 | -7 | |
| Net cash flow | 22 | -2 | -12 | 8 | 18 | -18 |
| Free cash flow | 33 | 21 | 11 | 21 | 23 | 26 |
| CFO / Operating profit % | 171.8% | 104.2% | 47% | 69.3% | 68.4% | 68.6% |