Mindteck Reports Audited Financial Results for March 31, 2026

Mindteck Reports Audited Financial Results for March 31, 2026​

Bengaluru, India – May 19, 2026 – Mindteck (India) Limited, a global engineering and technology solutions company, today announced its audited financial results for the quarter and year ended March 31, 2026. The company reported its consolidated revenue for the quarter stood at Rs. 103.91 crore, up from Rs. 100.46 crore in the previous quarter, and Rs. 104.02 crore for the corresponding quarter in the previous year.

Consolidated net profit for the quarter reached Rs. 10.16 crore, compared to Rs. 5.05 crore in the quarter ending December 31, 2025, and Rs. 6.80 crore for the same period last year.

Financial Performance Summary​

The company’s full-year performance for March 31, 2026, showed the following key figures:

• Consolidated Revenue (Year Ended March 31, 2026): Rs. 407.30 crore, marking a year-over-year (YoY) degrowth of 4.0% compared to Rs. 424.42 crore in the previous fiscal year.
• Consolidated Net Profit (Year Ended March 31, 2026): Rs. 31.52 crore, an increase of 9.9% compared to Rs. 28.68 crore reported for the previous year.

Standalone results showed similar trends. The standalone revenue for the year ended March 31, 2026, was Rs. 149.65 crore, showing a YoY degrowth of 3.5% compared to Rs. 155.09 crore. Correspondingly, standalone net profit for the year stood at Rs. 17.40 crore, down from Rs. 18.82 crore in the previous year. The standalone revenue for the quarter was Rs. 36.92 crore, compared to Rs. 38.43 crore in the previous quarter.

Governance and Board Decisions​

At its Board meeting held on May 19, 2026, the Board of Directors approved the audited standalone financial results for the Quarter and Year ended March 31, 2026.

In a corporate governance action, the Board of Directors also recommended a Dividend of 10% (Re. 1 per equity share of Rs. 10 each) for the Financial Year 2025-26.

Additionally, the Board re-appointed Vasan & Sampath LLP as the Internal Auditor for the Company for the Fiscal Year 2026-27.

Management Commentary​

Addressing the results, Javed Gaya, Chairman of the Board, stated, "While the past year reflected a weaker revenue performance, we remained firmly focused on operational discipline, cost efficiency and product innovation. Our proactive measures enabled us to protect profitability and reinforce margins, underscoring the organization's resilience and adaptability in a turbulent environment. We continue to stay focused on creating long-term value while navigating near-term challenges."

Karim Dhanani, the CEO, added, "The decline in revenue is primarily attributed to the divestiture of low margin business. Despite this, we delivered a 9.9% increase in consolidated net profit to Rs. 31.52 crore, demonstrating that our focus on higher-quality revenue and disciplined cost management is yielding tangible results. The momentum carried into Q4, where consolidated net profit reached Rs. 10.16 crore -our strongest quarter of the year. We remain confident that the strategic actions taken this year have built a stronger, more profitable foundation for sustained growth going forward."

The company highlighted that the decline in revenue was primarily due to the divestiture of low margin business, while the profit increase demonstrated successful disciplined cost management and a focus on higher-quality revenue.

MINDTECK Stock Price Movement​

Today, Mindteck (India) Limited shares edged higher, gaining 1.85% to close at ₹206.35. The equity saw robust investor interest, posting a total traded volume of 160,772 shares during the session.