Mindteck (India) Limited
Mindteck (India) Limited provides engineering and information technology (IT) services in the United States, India, and internationally. The company offers product engineering, embedded design systems, and Internet of Things solutions, as well as testing, optimization, and security services; product lifecycle and reliability management; digital transformation and smart solutions, such as asset tr… Read more
Mindteck (India) Limited (MINDTECK) - Net Assets
Latest net assets as of September 2025: ₹2.80 Billion INR
Based on the latest financial reports, Mindteck (India) Limited (MINDTECK) has net assets worth ₹2.80 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹3.39 Billion) and total liabilities (₹590.40 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹2.80 Billion |
| % of Total Assets | 82.61% |
| Annual Growth Rate | 13.62% |
| 5-Year Change | 85.83% |
| 10-Year Change | 37.3% |
| Growth Volatility | 52.87 |
Mindteck (India) Limited - Net Assets Trend (2006–2025)
This chart illustrates how Mindteck (India) Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mindteck (India) Limited (2006–2025)
The table below shows the annual net assets of Mindteck (India) Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹2.60 Billion | +17.65% |
| 2024-03-31 | ₹2.21 Billion | +15.88% |
| 2023-03-31 | ₹1.91 Billion | +8.63% |
| 2022-03-31 | ₹1.75 Billion | +25.49% |
| 2021-03-31 | ₹1.40 Billion | +7.88% |
| 2020-03-31 | ₹1.30 Billion | -33.67% |
| 2019-03-31 | ₹1.95 Billion | +1.92% |
| 2018-03-31 | ₹1.92 Billion | -4.02% |
| 2017-03-31 | ₹2.00 Billion | +5.55% |
| 2016-03-31 | ₹1.89 Billion | +15.75% |
| 2015-03-31 | ₹1.64 Billion | +11.75% |
| 2014-03-31 | ₹1.46 Billion | +13.64% |
| 2013-03-31 | ₹1.29 Billion | +1.85% |
| 2012-03-31 | ₹1.26 Billion | -1.36% |
| 2011-03-31 | ₹1.28 Billion | +8.25% |
| 2010-03-31 | ₹1.18 Billion | +1.46% |
| 2009-03-31 | ₹1.17 Billion | +45.64% |
| 2008-03-31 | ₹801.29 Million | +235.58% |
| 2007-03-31 | ₹238.78 Million | +4.02% |
| 2006-03-31 | ₹229.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mindteck (India) Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 91250000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹912.50 Million | 35.11% |
| Common Stock | ₹319.10 Million | 12.28% |
| Other Comprehensive Income | ₹397.70 Million | 15.30% |
| Other Components | ₹969.60 Million | 37.31% |
| Total Equity | ₹2.60 Billion | 100.00% |
Mindteck (India) Limited Competitors by Market Cap
The table below lists competitors of Mindteck (India) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CANUC RES CORP.
F:C8SN
|
$14.66 Million |
|
Thanulux Public Company Limited
BK:TNL
|
$14.66 Million |
|
Südwestdeutsche Salzwerke AG
F:SSH
|
$14.67 Million |
|
IBI Inv House
TA:IBI
|
$14.67 Million |
|
HOPSCOTCH GROUPE SA EO-75
F:4Z2
|
$14.65 Million |
|
Kinetiko Energy Ltd
AU:KKO
|
$14.64 Million |
|
Major Cineplex Lifestyle Leasehold Property Fund
BK:MJLF
|
$14.64 Million |
|
Elica S.p.A
F:7L4
|
$14.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mindteck (India) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,209,100,000 to 2,598,900,000, a change of 389,800,000 (17.6%).
- Net income of 286,800,000 contributed positively to equity growth.
- Dividend payments of 24,800,000 reduced retained earnings.
- Share repurchases of 3,900,000 reduced equity.
- New share issuances of 82,100,000 increased equity.
- Other comprehensive income increased equity by 79,200,000.
- Other factors decreased equity by 29,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹286.80 Million | +11.04% |
| Dividends Paid | ₹24.80 Million | -0.95% |
| Share Repurchases | ₹3.90 Million | -0.15% |
| Share Issuances | ₹82.10 Million | +3.16% |
| Other Comprehensive Income | ₹79.20 Million | +3.05% |
| Other Changes | ₹-29.60 Million | -1.14% |
| Total Change | ₹- | 17.65% |
Book Value vs Market Value Analysis
This analysis compares Mindteck (India) Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.38x to 2.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹18.44 | ₹172.89 | x |
| 2007-03-31 | ₹19.07 | ₹172.89 | x |
| 2008-03-31 | ₹69.67 | ₹172.89 | x |
| 2009-03-31 | ₹47.44 | ₹172.89 | x |
| 2010-03-31 | ₹48.07 | ₹172.89 | x |
| 2011-03-31 | ₹52.05 | ₹172.89 | x |
| 2012-03-31 | ₹51.21 | ₹172.89 | x |
| 2013-03-31 | ₹52.29 | ₹172.89 | x |
| 2014-03-31 | ₹59.28 | ₹172.89 | x |
| 2015-03-31 | ₹65.49 | ₹172.89 | x |
| 2016-03-31 | ₹74.86 | ₹172.89 | x |
| 2017-03-31 | ₹77.44 | ₹172.89 | x |
| 2018-03-31 | ₹74.72 | ₹172.89 | x |
| 2019-03-31 | ₹76.05 | ₹172.89 | x |
| 2020-03-31 | ₹51.43 | ₹172.89 | x |
| 2021-03-31 | ₹55.40 | ₹172.89 | x |
| 2022-03-31 | ₹69.06 | ₹172.89 | x |
| 2023-03-31 | ₹75.37 | ₹172.89 | x |
| 2024-03-31 | ₹69.12 | ₹172.89 | x |
| 2025-03-31 | ₹81.37 | ₹172.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mindteck (India) Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.04%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.64%
- • Asset Turnover: 1.34x
- • Equity Multiplier: 1.24x
- Recent ROE (11.04%) is above the historical average (4.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 7.86% | 4.12% | 0.74x | 2.58x | ₹-4.92 Million |
| 2007 | 10.29% | 2.46% | 1.59x | 2.63x | ₹692.40K |
| 2008 | -6.52% | -4.17% | 0.92x | 1.71x | ₹-132.38 Million |
| 2009 | 9.41% | 3.89% | 1.57x | 1.54x | ₹-6.90 Million |
| 2010 | 2.83% | 1.48% | 1.47x | 1.30x | ₹-84.88 Million |
| 2011 | 7.13% | 3.80% | 1.50x | 1.25x | ₹-36.73 Million |
| 2012 | -4.00% | -2.27% | 1.41x | 1.25x | ₹-177.01 Million |
| 2013 | 0.82% | 0.40% | 1.56x | 1.32x | ₹-118.17 Million |
| 2014 | 12.72% | 5.66% | 1.69x | 1.33x | ₹39.81 Million |
| 2015 | 11.74% | 6.01% | 1.46x | 1.34x | ₹28.43 Million |
| 2016 | 13.70% | 8.32% | 1.35x | 1.22x | ₹69.99 Million |
| 2017 | 6.22% | 3.64% | 1.41x | 1.22x | ₹-75.54 Million |
| 2018 | -2.95% | -1.90% | 1.26x | 1.23x | ₹-248.26 Million |
| 2019 | 1.40% | 0.92% | 1.25x | 1.22x | ₹-168.03 Million |
| 2020 | -49.99% | -23.47% | 1.50x | 1.42x | ₹-777.63 Million |
| 2021 | 7.77% | 3.79% | 1.39x | 1.48x | ₹-31.25 Million |
| 2022 | 18.98% | 11.15% | 1.30x | 1.31x | ₹157.60 Million |
| 2023 | 10.89% | 6.17% | 1.39x | 1.27x | ₹17.06 Million |
| 2024 | 12.36% | 7.08% | 1.40x | 1.25x | ₹52.19 Million |
| 2025 | 11.04% | 6.64% | 1.34x | 1.24x | ₹26.91 Million |
Industry Comparison
This section compares Mindteck (India) Limited's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $2,503,158,354
- Average return on equity (ROE) among peers: 12.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mindteck (India) Limited (MINDTECK) | ₹2.80 Billion | 7.86% | 0.21x | $14.65 Million |
| 3i Infotech Limited (3IINFOLTD) | $10.02 Billion | 26.55% | 2.88x | $23.73 Million |
| AAA Technologies Limited (AAATECH) | $239.64 Million | 9.76% | 0.16x | $7.64 Million |
| Accelya Solutions India Limited (ACCELYA) | $1.46 Billion | 14.35% | 0.24x | $43.42 Million |
| Adroit Infotech Limited (ADROITINFO) | $160.99 Million | -1.68% | 0.01x | $2.87 Million |
| Allied Digital Services Limited (ADSL) | $6.46 Billion | 4.97% | 0.43x | $32.95 Million |
| Airan Limited (AIRAN) | $158.56 Million | 5.12% | 0.24x | $6.12 Million |
| Alankit Limited (ALANKIT) | $316.22 Million | 1.08% | 0.04x | $12.73 Million |
| Bartronics India Limited (ASMS) | $282.50 Million | 6.18% | 0.15x | $6.02 Million |
| BIRLASOFT LIMITED (BSOFT) | $1.42 Billion | 22.91% | 0.88x | $692.71 Million |
| Computer Age Management Services Limited (CAMS) | $4.51 Billion | 32.35% | 0.55x | $1.74 Billion |