Mindtree Ltd. - (Amalgamated) - Stock Valuation and Financial Performance

BSE: 532819 | NSE: MINDTREE | IT - Software | Mid Cap

Mindtree Share Price

3,433.35 0.00 0.00%
as on 22-Nov'22 18:01

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Mindtree Ltd. - (Amalgamated) stock performance -

mw4me loader
P/E Ratio (CD):
29.94
Market Cap:
56,612.7 Cr.
52-wk low:
3,381
52-wk high:
3,452

Is an attractive stock to invest in?

1. Is a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Mindtree Ltd. - (Amalgamated) is a good quality company.

2. Is undervalued or overvalued?

The key valuation ratios of Mindtree Ltd. - (Amalgamated)'s currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is a good buy now?

No data found

10 Year X-Ray of Mindtree:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Mindtree Ltd. - (Amalgamated) has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 36.3%38.8%37.8%33%22.4%26.6%31.2%27.3%41.4%46.2%-
Value Creation
Index
1.61.91.81.50.71.01.31.02.73.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2,3623,0323,5624,6735,2365,4637,0227,7647,96810,52512,169
Sales YoY Gr.-28.4%17.5%31.2%12.1%4.3%28.5%10.6%2.6%32.1%-
Adj EPS 21.32630.131.125.433.744.736.366.293.8114.7
YoY Gr.-22%15.8%3.5%-18.3%32.6%32.6%-18.7%82.2%41.7%-
BVPS (₹) 78.997.9119.8143.3153.1166200.3191.2261.6329.6388.9
Adj Net
Profit
3544335045234275537345981,0901,5461,891
Cash Flow from Ops. 2663225984216545646318251,9961,537-
Debt/CF from Ops. 0.1000.10.20.50000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 18.1%15%14.5%32.1%
Adj EPS 17.9%29.8%28%41.7%
BVPS17.2%16.6%18.1%26%
Share Price 19% 37.1% -9.7% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on
Equity %
31.229.327.623.617.120.824.318.529.231.631.9
Op. Profit
Mgn %
20.620.119.917.613.713.615.21420.820.921
Net Profit
Mgn %
1514.314.111.28.210.110.57.713.714.715.5
Debt to
Equity
000000.100000
Working Cap
Days
112108109105106104989910093181
Cash Conv.
Cycle
63615647484847504531118

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Mindtree Ltd. - (Amalgamated)

Standalone Consolidated
TTM EPS (₹) 114.7 114.7
TTM Sales (₹ Cr.) 12,169 12,169
BVPS (₹.) 343.8 388.9
Reserves (₹ Cr.) 5,503 6,247
P/BV 9.99 8.83
PE 29.94 29.94
From the Market
52 Week Low / High (₹) 3381.00 / 3451.95
All Time Low / High (₹) 46.77 / 5059.15
Market Cap (₹ Cr.) 56,613
Equity (₹ Cr.) 164.9
Face Value (₹) 10
Industry PE 35.7

Management X-Ray of Mindtree:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Mindtree

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Sales2,361.803,031.603,561.904,6735,236.405,462.807,021.507,764.307,967.8010,525.30
Operating Expenses 1,909.402,421.602,852.703,8524,531.904,722.305,9576,682.806,311.108,329.70
Manufacturing Costs53.706580.20186.80124.50122260.70192.10200.70281.80
Material Costs0000000000
Employee Cost 1,427.401,7822,0712,799.103,412.503,564.104,421.205,064.705,113.206,327.80
Other Costs 428.30574.60701.50866.10994.901,036.201,275.101,426997.201,720.10
Operating Profit 452.40610709.20821704.50740.501,064.501,081.501,656.702,195.60
Operating Profit Margin (%) 19.2%20.1%19.9%17.6%13.5%13.6%15.2%13.9%20.8%20.9%
Other Income 3549.6083.5083.9055.30190.2089.3075.60151.70307.30
Interest 10.400.101619.1016.902.9052.9050.4050.20
Depreciation 62.4080.90101.80165.80185.80171.50164.10275.40259.60242
Exceptional Items 0000000000
Profit Before Tax 424578.30690.80723.10554.90742.30986.80828.801,498.402,210.70
Tax 84.70127.50154.50170.60136.30172.20232.70197.90387.90557.80
Profit After Tax 339.30450.80536.30552.50418.60570.10754.10630.901,110.501,652.90
PAT Margin (%) 14.4%14.9%15.1%11.8%8.0%10.4%10.7%8.1%13.9%15.7%
Adjusted EPS (₹)20.427.032.032.924.934.845.938.367.4100.3
Dividend Payout Ratio (%)15%23%27%49%40%32%72%34%37%37%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22

Equity and Liabilities

Shareholders Fund 1,308.901,633.702,004.602,404.202,5722,721.303,289.603,146.704,309.205,431.90
Share Capital 41.5041.7083.70167.80168163.90164.20164.60164.70164.80
Reserves 1,267.401,5921,920.902,236.402,4042,557.403,125.402,982.104,144.505,267.10
Minority Interest0000000000
Debt24.902.702.3043.3099.10300.900.50000
Long Term Debt3.202.702.301.801.300.900.50000
Short Term Debt21.700041.5097.803000000
Trade Payables18.908.20122.70189165.10171213.10255.40267.60535.70
Others Liabilities 302.30414.60480.40599.50492511.506371,5711,749.502,189.70
Total Liabilities 1,6552,059.202,6103,2363,328.203,704.704,140.204,973.106,326.308,157.30

Fixed Assets

Gross Block640.70784.601,080.301,800.201,821.101,9022,050.502,697.402,790.403,029
Accumulated Depreciation381.80441524.80638.20799.10945.201,083.601,288.201,514.601,653.80
Net Fixed Assets258.90343.60555.501,1621,022956.80966.901,409.201,275.801,375.20
CWIP 57.1049.6035.4023.2019.209.2029.7013.6022.4021.50
Investments 425.70533.50535.10232.80592.70726.40803.60774.802,046.802,550.70
Inventories0000000004.10
Trade Receivables450.80600.40696.30972.80896.201,015.501,335.601,438.901,274.201,731.30
Cash Equivalents 125.20118.40376.30233.20250.80328.90256.20587759.701,051.30
Others Assets337.30413.70411.40612547.30667.90748.20749.60947.401,423.20
Total Assets 1,6552,059.202,6103,2363,328.203,704.704,140.204,973.106,326.308,157.30

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Cash Flow From Operating Activity 266.40321.90598.30421.40653.50564.40630.50825.101,9961,537
PBT 424578.30690.80723.10554.90742.30986.80828.801,498.402,210.70
Adjustment -0.4049.9058.60143.8015468.60105.20314.40212.60184.10
Changes in Working Capital -60.3-176.62.8-251.6121.7-83.3-236-154.1601.8-311.4
Tax Paid -96.90-129.70-153.90-193.90-177.10-163.20-225.50-164-316.80-546.40
Cash Flow From Investing Activity -191.90-224.40-209.80-425.70-453.30-200-193.30-22.90-1,183.30-686
Capex -105.70-151.70-198.70-131.50-84.60-101.10-170.80-122-61.90-197.20
Net Investments -104.10-94.9027-296.60-327.90-87.70-30.1085.80-1,184.10-408.50
Others 17.9022.20-38.102.40-40.80-11.207.6013.3062.70-80.30
Cash Flow From Financing Activity -12.50-111.30-137.60-172-137.60-287.50-522.10-696-422.50-595.70
Net Proceeds from Shares 32.206.306.702.400.800.100.300.400.100.10
Net Proceeds from Borrowing 000000-0.40-0.50-0.500
Interest Paid -1.10-0.50-0.10-0.30-0.20-5.40-4-52.90-50.40-50.20
Dividend Paid -21.40-92.40-143.80-215.10-193.40-214.20-218-594-288-452.80
Others -22.20-24.70-0.404155.20-68-300-49-83.70-92.80
Net Cash Flow 62-13.80250.90-176.3062.6076.90-84.90106.20390.20255.30
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Ratios
ROE (%)30.0130.6429.4825.0616.8221.5425.0919.629.7933.94
ROCE (%)36.3138.837.7633.0422.3526.5531.1727.2841.4346.17
Asset Turnover Ratio1.61.631.531.61.61.551.791.71.411.45
PAT to CFO Conversion(x)0.790.711.120.761.560.990.841.311.80.93
Working Capital Days
Receivable Days66636665656461656252
Inventory Days0000000000
Payable Days0000000000

Mindtree Ltd. - (Amalgamated) Stock News

Mindtree Ltd. - (Amalgamated) FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Mindtree on 22-Nov-2022 18:01 is ₹3,433.4.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Nov-2022 18:01 the market cap of Mindtree stood at ₹56,612.7.
The latest P/E ratio of Mindtree as of 22-Nov-2022 18:01 is 29.94.
The latest P/B ratio of Mindtree as of 22-Nov-2022 18:01 is 9.99.
The 52-week high of Mindtree is ₹3,452 and the 52-week low is ₹3,381.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mindtree is ₹12,169 ( Cr.) .

About Mindtree Ltd. - (Amalgamated)

MindTree was incorporated in the year 1999 by a group of 10 industrial professionals who came from Cambridge Technology Partners, Lucent Technologies and Wipro and this team was led by Ashok Soota. Mindtree has formed successful business and technology alliances with big companies like Microsoft, Hewlett Packard, Oracle, Bluettooth SIG, Intel, IBM, SAP, Orange, Sun Microsystems and many more.

Mindtree is a public limited company incorporated and domiciled in India and has its registered office at Bengaluru, Karnataka, India and has offices in India and in various foreign countries. The company has its primary listings on the Bombay Stock Exchange and National Stock Exchange in India. The company is structured into four industry verticals - Retail, CPG and Manufacturing (RCM), Banking, Financial Services and Insurance (BFSI), High Technology and Media (Hi-tech) (erstwhile Technology, Media and Services-TMS) and Travel and Hospitality (TH). The company became a subsidiary of Larsen & Toubro Limited (L&T) with effect from July 2, 2019.

Business area of the company

Mindtree is an international Information Technology consulting and implementation company that delivers business solutions through global software development. The company offers services in the areas of agile, analytics and information management, application development and maintenance, business process management, business technology consulting, cloud, digital business, independent testing, infrastructure management services, mobility, product engineering and SAP services.

Services offered by the company

Digital

  • Cloud
  • Data Analytics
  • Internet of Things
  • AR/VR Services
  • Conversational AI
  • Digital Commerce
  • Digital Marketing
  • Mobility
  • User Experience Design
  • Portals & Collaboration
  • The Digital Pumpkin
  • B2B Customer Success
  • Customer Onboarding - Cloud

Operations

  • Agile
  • Application Development & Support
  • Automation
  • Business Process Management
  • Infrastructure Management
  • Test Engineering
  • Application Managed Services
  • Integrated Services
  • Reliability Engineering Management Services

IT Consulting

  • Agile
  • Application & Infrastructure Optimization
  • DevOps
  • Information Strategy & Governance
  • Quality Assurance Strategy & Process

Engineering R&D

  • Embedded Intelligence
  • Product Sustenance
  • Short-range Wireless
  • Wireless IP Portfolio
  • Wireless Lighting Solution

Enterprise Software

  • Microsoft
  • Oracle
  • Salesforce
  • SAP

Products of the company

  • Connected Buildings
  • Employee Training & Microlearning

Awards

2013

  • Mindtree wins Gainesville Chamber Business of the Year award for its Innovative Practices.
  • MindTree bags corporate governance award from World Finance and Asiamoney.
  • Mindtree wins corporate governance awards for the second consecutive year.
  • Mindtree ranked among the top global product engineering service providers by Zinnov research and analysis.
  • Mindtree launches Gladius - video management software for advanced surveillance.

2014

  • Mindtree and SAP announce first Managed Mobility Offering in Australia.
  • Mindtree expands leadership team in DACH region.
  • Mindtree opens a new US delivery center in Redmond, Washington -I Got Garbage (IGG).
  • The technology platform for waste management is now open for Bangalore citizens.
  • ING Vysya selects Mindtree as a strategic digital partner.
  • Mindtree Helps LAPIS Semiconductor Launch Next Generation Bluetooth Smart Chips.

2015

  • Mindtree Enables Next Generation Bluetooth Low Energy Chips at Cypress.
  • Mindtree Named a Top 10 Outsourcing Service Provider in EMEA by ISG.
  • MindTree completes acquisition of Relational Solutions Inc.
  • Flydubai selects Mindtree as a strategic technology partner.
  • MindTree enters into strategic partnership with flydubai
  • Mindtree selected by Molnlycke Health Care for SAP Application Management.
  • Mindtree Launches Global Learning & Software Delivery Center
  • Mindtree named in the leadership zone in Zinnov’s Global Product Engineering Service Provider Ratings.

2016

  • Mindtree signs service integration capabilities agreement with Sandvik.
  • MindTree concludes acquisition of Magnet 360.
  • Mindtree launches IPv6 Stack for Bluetooth Smart - Mindtree launches next-gen managed services framework.

2017

  • Mindtree Announces Elevation to Business Partner Status in the Adobe Solution Partner Program.
  • Mindtree Positioned as a Leader in Application Testing Services by ISG.
  • Mindtree Recognized as a Leader by ISG Provider Lens Quadrant Report across Five Client Archetypes for its Cloud Services.
  • Mindtree Named a Rising Star in Public Cloud Infrastructure Consulting and Implementation Services, Public Cloud Infrastructure Managed Services and Public Cloud SAP Services by ISG.
  • Mindtree Recognized as a Leader in IAOP's 2017 Global Outsourcing 100 for Global Excellence.
  • Bluefin, Mindtree's SAP Practice, Wins the SAP Gold Quality Award for Workforce Planning using SAP Business Planning & Consolidation Suite.
  • Zinnov Positions Mindtree in the Leadership Zone across Eight Categories in the Zinnov Zones for Digital Services 2017 Report.
  • Zinnov Positions Mindtree in the Leadership Zone Across Seven Categories in the Zinnov Zones for Product Engineering Services 2017 Report.

2018

  • Mindtree named Leader for Digital Transformation and Leveraging Packaged Software Platforms archetypes in the ISG Provider Lens Next-gen ADM Services Archetype Report.
  • Mindtree named Leader for Legacy Transformation and Cloud-first Transformation in the ISG Provider Lens Digital Business Transformation Archetype Report.
  • Zinnov positions Mindtree in the Leadership Zone across Nine Categories in the Zinnov Zones for Engineering R&D Services 2018 Report.
  • Zinnov positions Mindtree in the Leadership Zone for Travel and Hospitality in the Zinnov Zones for Digital Services in T&H 2018 Report.
  • Zinnov positions Mindtree in the Leadership Zone across Nine Categories in the Zinnov Zones for IoT Technology & Services 2018 Report.
  • Mindtree recognized as an Innovator in Avasant's Intelligent Automation RadarView 2018 report.
  • The ISG Provider Lens SAP HANA Services Quadrant Report Recognizes Mindtree as a ‘Rising Star’ in S/4HANA.
  • The ISG Provider Lens SAP HANA Services Quadrant Report Recognizes Mindtree as a ‘Rising Star’ in BW/4HANA.
  • The ISG Provider Lens SAP HANA Services Quadrant Report Recognizes Mindtree as a 'Leader' in the SAP Cloud Platform.
  • Mindtree and Avis Budget Group awarded the Adobe 2018 Business Experience Award for Omnichannel Experience Management.
  • Mindtree Takes Home More Awards Than Any Other Nominee at the 2018 ISG Paragon Awards Americas.
  • Magnet360, Mindtree’s Salesforce Practice, included in ISG’s 25 Best Digital Transformation Case Studies.
  • Mindtree named Rising Star US for Overall IoT Services in the ISG Provider Lens Internet of Things 2018 US Market Quadrant Report.
  • Mindtree named Rising Star US for IoT in Connected Cars in the ISG Provider Lens Internet of Things 2018 US Market Quadrant Report.
  • Zinnov Positions Mindtree in the Leadership Zone across Three Categories in the Zinnov Zones for Media & Technology 2018 Report.

2019

  • Mindtree named Leader (US) in ISG Provider Lens Quadrant Report on Digital Business -Solutions and Service Partners for Digital Backbone Managed Services - Midmarket.
  • Mindtree named Leader (US) in the ISG Provider Lens Quadrant Report on Digital Business - Solutions and Service Partners for Digital Product Lifecycle Services -Midmarket.
  • Mindtree recognized as an Innovator in Avasant’s Intelligent Automation Services RadarView Report 2019 - 2020
  • Mindtree Receives IDC Insights Award for Excellence in Operations for IT Infrastructure Services.
  • Mindtree named Leader (Global) in ISG Provider Lens report on Next-gen Application Development & Maintenance (ADM) Services 2019.
  • Mindtree named Leader (Global) for Continuous Testing in ISG Provider Lens report on Next-gen Application Development & Maintenance (ADM) Services 2019.
  • Mindtree named Leader (Global) for Agile Development in ISG Provider Lens report on Next-gen Application Development & Maintenance (ADM) Services 2019.
  • Mindtree named Leader (US) in ISG Provider Lens report on Next-gen Application Development & Maintenance (ADM) Services 2019.
  • Mindtree named Leader (US) for Agile Development in ISG Provider Lens report on Next-gen Application Development & Maintenance (ADM) Services 2019.
  • Mindtree named Leader (US) for Continuous Testing in ISG Provider Lens report on Next-gen Application Development & Maintenance (ADM) Services 2019.
  • Mindtree wins at the 2019 Paragon Awards in the Excellence Category for Outstanding Service Delivery for a Global Airline.
  • Mindtree named Rising Star (US) for Managed Public Cloud Transformation Services in the ISG Provider Lens Public Cloud - Solutions & Service Partners 2019 Quadrant Report.
  • Mindtree named Rising Star (US) for Public Cloud Transformation Services in the ISG Provider Lens Public Cloud - Solutions & Service Partners 2019 Quadrant Report.
  • Mindtree named Overall Winner of the 2019 ISG Star of Excellence Awards for Core Technology Services.
  • ISG Provider Lens Archetype Report on Managed Services Archetype (Mid-sized focus) recognizes Mindtree as Leader for Private/Hybrid Cloud – Data Center Services & Solutions.
  • Mindtree recognized as Leader (UK) for SAP S/4HANA & Business Suite on HANA Transformation in ISG Provider Len Report on SAP HANA and Leonardo Ecosystem Partners
  • Mindtree recognized as Leader (Nordics) for SAP S/4HANA & Business Suite on HANA Managed Services in ISG Provider Lens Report on SAP HANA and Leonardo Ecosystem Partners.
  • Mindtree recognized as Leader (UK) for SAP Leonardo Transformation in ISG Provider Lens Report on SAP HANA and Leonardo Ecosystem Partners.
  • Mindtree recognized as Leader (Nordics) for SAP Leonardo Transformation in ISG Provider Lens Report on SAP HANA and Leonardo Ecosystem Partners.
  • Mindtree recognized as Leader (Nordics) for SAP BW/4 on HANA and BW on HANA Transformation & Operations in ISG Provider Lens Report on SAP HANA and Leonardo Ecosystem Partners.
  • Mindtree recognized as Rising Star (US) for SAP BW/4 on HANA and BW on HANA Transformation & Operations in ISG Provider Lens Report on SAP HANA and Leonardo Ecosystem Partners.
  • Mindtree recognized as Rising Star (Global) for SAP Cloud Platform Support Services in ISG Provider Lens Report on SAP HANA and Leonardo Ecosystem Partners.
  • Mindtree named US Rising Star, Connected Cars in the ISG Provider Lens: Transformational IoT Services - Technology, Solutions, Platforms, and Industries 2019 Quadrant Study.
  • Mindtree awarded ‘Outstanding IT Service Supplier 2018’ by the Lufthansa Group.
  • Mindtree recognized as an Innovator in Avasant’s Applied Intelligence and Advanced Analytics Services RadarView Report.
  • Zinnov positions Mindtree in the Leadership Zone in Overall Digital Services and across Six Categories in the Zinnov Zones for Digital Services 2019 Report.
  • Mindtree has been placed on The Best of The Global Outsourcing 100 list by the International Association of Outsourcing Professionals (IAOP).
  • The ISG Provider Lens Cloud Transformation/ Operation Services & XaaS Quadrant Report Recognizes Mindtree as a ‘Rising Star’ in US & Global.

2020

  • Mindtree named Leader in the ISG Provider Lens Report 2020 on SAP HANA and Leonardo Ecosystem Partners (U.S.).
  • Mindtree named Leader in ISG Provider Lens Archetype Report on Next-Gen Private/Hybrid Cloud - Data Center Services & Solutions.
  • Mindtree recognized as a Leader across Geographies in the ISG Provider Lens Report on SAP HANA and Leonardo Ecosystem Partners.
  • Mindtree named Leader in three categories in the ISG Provider Lens Report on SAP HANA and Leonardo Ecosystem Partners (UK).
  • Mindtree recognized as Leader in ISG Provider Lens Quadrant Report on Salesforce Ecosystem Partners 2020 -US.
  • Mindtree recognized as Leader in ISG Provider Lens Quadrant Report on Salesforce Ecosystem Partners 2020 -Germany.
  • Mindtree named Leader in ISG Public Cloud Solutions and Service Partners Archetype Report 2020.
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