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Mindpool Technologies financials and balance sheet

NSE: MINDPOOL

Last traded ₹71.10 on 28 Aug 2026

8 years at a glance

Consolidated: the company and its subsidiaries together. ₹ crore, years to March.Mindpool Technologies annual reports

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
A loss in 2 of the 8 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin

The years either side of a change of basis do not compare. From the year to Mar 2020, the company's revenue for that year, ₹38 Cr, differs from its half years added, ₹40 Cr. From the year to Mar 2022, the company's revenue for that year, ₹48 Cr, differs from its half years added, ₹70 Cr.

Results for the year to Mar 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

  1. Revenue52
  2. Employee costs−29
  3. Other expenses−22
  4. Operating profit0.7
  5. Depreciation−0.2
  6. Other income+0.4
  7. Finance costs−0.3
  8. Profit before tax0.5
  9. Tax−0.2
  10. Net profit0.4

What the company owns

  • Receivables₹14 Cr
  • Plant, investments and other assets₹11 Cr
  • Cash and bank₹2 Cr

What pays for it: net worth and liabilities

  • Net worth₹19 Cr
  • Owed to suppliers₹3 Cr
  • Other liabilities₹2 Cr
  • Borrowings₹2 Cr

Mindpool Technologies business segments, year to Mar 2026

A reportable segment is a line of business the company must report on its own. Consolidated, ₹ crore, as the company reports them. A segment at a loss has no share of profit.Mindpool Technologies segment results by half year

Revenue by segment

₹54 CrTotal
  • Staffing₹23.2 Cr43.1% of total
  • Offshore Development Center₹12.0 Cr22.2% of total
  • Routing₹10.0 Cr18.6% of total
  • Digital₹5.0 Cr9.3% of total
  • Development₹3.6 Cr6.8% of total

Profit by segment

  • Staffing₹0.30 Cr37.8% of total
  • Offshore Development Center₹0.16 Cr20.1% of total
  • Routing₹0.16 Cr20.2% of total
  • Digital₹0.18 Cr21.9% of total

Segment results by year

Consolidated, ₹ crore, years to March.

  • Staffing

    Revenue, ₹ crore
    Profit, ₹ crore
  • Offshore Development Center

    Revenue, ₹ crore
    Profit, ₹ crore
  • Routing

    Revenue, ₹ crore
    Profit, ₹ crore
  • Digital

    Revenue, ₹ crore
    Profit, ₹ crore
  • Development

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreMar 2025Mar 2026
Revenue of all businesses34.653.8
Company revenue, as in its results34.452.2
Revenue13.023.2
Revenue growth–78.7%
Profit0.10.3
Profit growth–216.6%
Margin0.7%1.3%
Revenue0.912.0
Revenue12.510.0
Revenue0.45.0
Revenue7.83.6
Revenue–−1.6
Revenue−0.2–
Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Consolidated, ₹ crore, years to March.Mindpool Technologies half-yearly results

₹ croreMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 29 MayMar 2026Filed 21 May
Revenue from operations22.238.480.348.545.844.434.452.2
20.636.876.247.845.243.834.251.5
Materials and goods bought0.00.00.00.00.00.00.00.0
Employee costs17.733.649.544.827.322.620.329.5
Other expenses2.93.226.73.017.821.213.922.0
Operating profit before depreciation1.61.64.10.70.60.60.20.7
Operating margin7.0%4.2%5.1%1.4%1.4%1.4%0.5%1.3%
Materials, % of revenue0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Employee costs, % of revenue79.7%87.6%61.6%92.4%59.7%50.9%59.1%56.5%
Other expenses, % of revenue13.3%8.2%33.3%6.2%38.9%47.7%40.5%42.2%
Depreciation and amortisation0.10.40.60.10.40.40.20.2
Operating profit after depreciation1.41.23.50.60.20.20.00.5
Other income0.40.60.40.50.20.30.30.4
Finance costs0.10.81.70.00.30.20.10.3
Profit before one-off items and tax1.81.02.21.00.10.30.10.5
One-off items−0.1−0.10.00.00.00.0––
Profit before tax1.70.92.21.00.10.30.10.5
0.10.00.30.10.30.10.00.2
Net profit1.60.9−0.41.0−0.10.20.10.4
Net margin7.2%2.4%−0.5%2.0%−0.3%0.4%0.3%0.7%

Balance sheet

Consolidated, ₹ crore, at 31 March.

₹ croreMar 2025Filed 29 MayMar 2026Filed 21 May
18.319.2
Share capital4.24.2
Reserves14.115.0
0.02.2
4.36.5
0.41.0
Total assets23.026.7
2.93.7
20.123.0
Net debt−0.50.5
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2019, Mar 2020, Mar 2021, Mar 2022, Mar 2023 and Mar 2024, so its lines and the ratios worked from it are blank there.

Cash flow

Consolidated, ₹ crore, years to March.

₹ croreMar 2025Filed 29 MayMar 2026Filed 21 May
0.09−0.24
0.17−0.02
−0.18−1.28
Receivables−2.32−2.66
Payables2.31−0.28
Other working capital−0.171.67
Tax paid−0.08−0.22
Capital spending0.370.78
Free cash flow−0.29−1.02
−0.17−0.64
−0.232.18
Dividends paid0.000.00
Shares issued0.000.00
Net change in cash−0.311.29
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2019, Mar 2020, Mar 2021, Mar 2022, Mar 2023 and Mar 2024.

Per share

Consolidated, ₹ per share, years to March.

₹ per shareMar 2022Mar 2023Mar 2024Mar 2025Filed 29 MayMar 2026Filed 21 May
Earnings per share–––₹0.23₹0.83
Diluted earnings per share–––₹0.23₹0.83
Book value per share–––₹43.21₹45.35
Shareholder yield–––0.0%–
Market cap at the year end (₹ crore)9.946.0–21.9–

Ratios

Consolidated, years to March.

RatioMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 29 MayMar 2026Filed 21 May
Revenue growth––109.1%–−5.5%−3.2%−22.5%51.6%
Operating profit growth––152.4%–−7.4%−7.2%−73.2%319.8%
Net profit growth–−43.6%––––−50.8%265.5%
Earnings per share growth–––––––260.9%
––––––0.5%1.9%
–––––––1.3 pts
From the net margin–––––––0.7 pts
From asset turnover–––––––0.5 pts
From borrowing–––––––0.1 pts
Return on capital employed––––––−0.1%2.1%
Cash conversion––––––90.1%−68.7%
Interest cover15.01.62.018.10.80.7–1.7
Debt to equity––––––0.000.12
Receivable days––––––11997
Working capital days––––––162116
Asset turnover––––––1.502.10
Assets per rupee of net worth––––––1.261.32
Sales per rupee of plant––––––118.9863.36
Capital spending to depreciation––––––2.073.46
Revenue growth and operating profit growth are left blank for the years to Mar 2020 and Mar 2022: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out. Interest cover is left blank for the year to Mar 2025: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2019, Mar 2020, Mar 2021, Mar 2022, Mar 2023 and Mar 2024, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2026.

Return on assets, latest year
1.4%
Cash from operations against operating profit
−35.7%
Measure5 years3 years
Revenue growth, yearly rate−8.3%4.4%
Return on equity, average–1.2%
Return on capital employed, average–1.0%
Operating margin, average1.2%1.0%
Net margin, average0.6%0.5%
Asset turnover, average–1.80
Interest cover, average5.31.2
Debt to equity, average–0.06

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ croreLatest year
Cash from operations−0.24
Cash from investing−0.64
Cash from financing2.18
Capital spending0.78
Dividends paid0.00
Shares issued for cash0.00
Borrowings raised2.24
Borrowings repaid0.00

Accounting checks

Consolidated, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Receivables growth less revenue growthOur threshold 0 percentage points–––––––−27.94
Other current assets growth less revenue growthOur threshold 5 per cent of revenue–––––––−2.02
Effective tax ratePublished threshold 17.16 per cent4.463.4813.936.53204.9625.71−6.0834.35
Tax charged less tax paid, % of profitOur threshold 10 percentage points––––––−97.13−7.67
A threshold marked as ours has no published figure; it is the line we read the check against.