Last 1,405 INR
Change Today +32.00 / 2.33%
Volume 864.5K
MTCL On Other Exchanges
Symbol
Exchange
Natl India
As of 7:06 AM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

mindtree ltd (MTCL) Snapshot

Open
1,432
Previous Close
1,373
Day High
1,455
Day Low
1,395
52 Week High
02/21/14 - 1,727
52 Week Low
06/17/13 - 782.25
Market Cap
58.5B
Average Volume 10 Days
283.1K
EPS TTM
108.66
Shares Outstanding
41.6M
EX-Date
04/21/14
P/E TM
12.9x
Dividend
5.00
Dividend Yield
1.71%
Current Stock Chart for MINDTREE LTD (MTCL)

Related News

No related news articles were found.

mindtree ltd (MTCL) Related Businessweek News

View More BusinessWeek News

mindtree ltd (MTCL) Details

MindTree Limited, together with its subsidiaries, operates as an information technology consulting and implementation company that provides various business solutions primarily in India, the United States, and Europe. It operates through two segments, Information Technology (IT) Services and Product Engineering (PE) Services. The IT Services segment offers consulting and implementation, and post production support services in the areas of e-business, data warehousing and business intelligence, supply chain management, ERP, and maintenance and re-engineering of legacy mainframe applications for customers in the manufacturing, financial services, travel and leisure, and other industries. The PE Services segment provides full life cycle product engineering, professional services, and sustained engineering services. It also offers product realization services in the software, middleware, and testing, as well as through its IP building blocks in the areas of Bluetooth, VOIP, IVP6, iSCSI, and others for areas of hardware design, embedded the datacom, telecom, wireless, storage, industrial automation, avionics, consumer products, and computing markets. MindTree Limited has a strategic alliance with Pegasystems Inc. to develop and optimize custom business process management solutions. The company was formerly known as MindTree Consulting Limited and changed its name to MindTree Limited in March 2008. MindTree Limited was founded in 1999 and is headquartered in Bengaluru, India.

12,926 Employees
Last Reported Date: 04/16/14
Founded in 1999

mindtree ltd (MTCL) Top Compensated Officers

Co-Founder, Managing Director, Chief Executiv...
Total Annual Compensation: 8.0M
Co-Founder, President, Chief Technology Offic...
Total Annual Compensation: 7.6M
Co-Founder, Executive Chairman, Member of Nom...
Total Annual Compensation: 7.0M
Compensation as of Fiscal Year 2013.

mindtree ltd (MTCL) Key Developments

Mindtree Limited Reports Audited Consolidated and Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2014

Mindtree Limited reported audited consolidated and standalone earnings results for the fourth quarter and full year ended March 31, 2014. For the quarter, on consolidated basis, the company reported income from software service of INR 8,237 million compared to INR 6,124 million a year ago. Profit from operations before other income and interest was INR 1,549 million compared to INR 1,008 million a year ago. Profit before tax was INR 1,240 million compared to INR 1,008 million a year ago. Net profit for the period was INR 982 million or INR 23.41 per diluted share compared to INR 789 million or INR 18.89 per diluted share a year ago. For the full year, on consolidated basis, the company reported income from software service of INR 30,316 million compared to INR 23,618 million a year ago. Profit from operations before other income and interest was INR 6,291 million compared to INR 4,240 million a year ago. Profit before tax was INR 6,783 million compared to INR 4,240 million a year ago. Net profit for the period was INR 4,508 million or INR 107.60 per diluted share compared to INR 3,383 million or INR 81.75 per diluted share a year ago. For the quarter, on standalone basis, the company reported income from software service of INR 8,237 million compared to INR 6,124 million a year ago. Profit from operations before other income and interest was INR 1,549 million compared to INR 1,008 million a year ago. Profit before tax was INR 1,261 million compared to INR 1,008 million a year ago. Net profit for the period was INR 984 million or INR 23.47 per diluted share compared to INR 789 million or INR 18.89 per diluted share a year ago. For the full year, on standalone basis, the company reported income from software service of INR 30,316 million compared to INR 23,618 million a year ago. Profit from operations before other income and interest was INR 6,287 million compared to INR 4,236 million a year ago. Profit before tax was INR 6,787 million compared to INR 4,236 million a year ago. Net profit for the period was INR 4,512 million or INR 107.70 per diluted share compared to INR 3,389 million or INR 81.66 per diluted share a year ago.

MindTree Limited Recommends Third Interim Dividend for the Fourth Quarter Ended March 31, 2014, Payable on or Before May 5, 2014; Recommends Final Dividend for the Year Ended March 31, 2014 and Special Dividend

MindTree Limited announced that the Board of Directors at its meeting held on April 16, 2014 have recommended third interim dividend of 50% (INR 5 per equity share of par value INR 10 each) for the fourth quarter ending March 31, 2014. The third interim dividend will be paid to the registered Shareholders on or before May 5, 2014. Further, the Board of Directors have also recommended a Final Dividend of 50% (INR 5 per equity share of par value INR 10 each) for the year ended March 31, 2014 and a Special Dividend of 50% (INR 5 per equity share of par value INR 10 each) for completion of 15 years in business and the Final & Special Dividends are payable subject to the approval of Shareholders at the Annual General Meeting. If the proposed 1:1 bonus share issue is approved by Shareholders prior to the date of the Annual General Meeting, the Final & Special Dividend amounts would be accordingly reduced to 25% (INR 2.5 per equity share of INR 10 each).

MindTree Limited, Board Meeting, Apr 16, 2014

MindTree Limited, Board Meeting, Apr 16, 2014. Agenda: To consider the audited financial results of the company for the quarter and year ended March 31, 2014; to consider declaration of third interim dividend if any and recommendation of final dividend, if any; to consider a proposal for increasing the existing authorised share capital of the company; and to consider a proposal for declaration/issue of bonus shares.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MTCL:IN 1,405.45 INR +32.00

MTCL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
EPAM Systems Inc $33.13 USD +0.50
ExlService Holdings Inc $28.39 USD +0.20
Hexaware Technologies Ltd 169.35 INR +6.90
Virtusa Corp $33.43 USD +0.78
WNS Holdings Ltd $18.86 USD +0.20
View Industry Companies
 

Industry Analysis

MTCL

Industry Average

Valuation MTCL Industry Range
Price/Earnings 12.9x
Price/Sales 1.9x
Price/Book -- Not Meaningful
Price/Cash Flow 10.9x
TEV/Sales 1.7x
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MINDTREE LTD, please visit www.mindtree.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.