MINDTECKBSEMindteck (India) LtdHighNeutral
Announced Tue, 19 May · 16:25 IST

Financial Results for the Quarter and Year ended March 31, 2026

Revenue DeclineExceptional ItemResults View source PDF

MINDTECK · price

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AI summary

Mindteck reported FY2026 consolidated revenue of Rs 40,730 Lakhs, down ~4% from Rs 42,442 Lakhs in FY2025. Consolidated PAT grew 9.9% to Rs 3,152 Lakhs (vs Rs 2,868 Lakhs), driven by cost optimisation and currency translation gains. Standalone revenue fell 3.5% to Rs 14,965 Lakhs with PAT at Rs 1,740 Lakhs. An exceptional charge of Rs 530 Lakhs was recorded due to increased gratuity and leave liabilities from new Indian Labour Codes. The board recommended a dividend of Re. 1 per share. The company reappointed Vasan & Sampath LLP as internal auditor for FY2026-27.

Likely market impact

Revenue declined year-on-year in both standalone and consolidated figures, but PAT grew on consolidated basis — a sign of improved cost controls. The exceptional labour code charge weighed on standalone profitability. The dividend provides income support for shareholders.