Mindteck (India) Limited has informed the Exchange regarding a press release dated May 19, 2026, titled "Mindteck Reports Financial Results for the Financial Year 2025-26".
MINDTECK · price
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Mindteck reported consolidated revenue of Rs. 40,730 lakhs for FY 2025-26, down from Rs. 42,442 lakhs in the prior year, a decline of ~4%. However, profit before tax rose 10.4% to Rs. 3,896 lakhs (vs Rs. 3,529 lakhs) and profit after tax grew 9.9% to Rs. 3,152 lakhs, helped by cost optimisation. EPS (diluted) stood at Rs. 9.85 vs Rs. 8.98. The board recommended a dividend of Re. 1 per share (10%), unchanged from the prior year. A non-recurring exceptional charge of Rs. 530 lakhs was recorded due to new Indian Labour Codes (gratuity and leave liabilities), which was excluded from underlying profit. Consolidated cash and equivalents were Rs. 6,169 lakhs. Trade receivables grew significantly (up Rs. 1,237 lakhs YoY), indicating working capital pressure. The company operates across USA, India, and Rest of World geographies, with USA contributing Rs. 15,965 lakhs (39% of revenue).
Revenue softness is a concern but improved profitability and cash generation are positives. The one-time labour code charge depresses reported net profit; underlying earnings are stronger. Dividend is maintained, signaling management confidence in cash generation.