Mindpool Tech.

Why is Mindpool Technologies Ltd falling/rising?

As of 01-Sep, Mindpool Technologies Ltd's stock price is Rs 71.10, unchanged from the previous session. The stock has consistently declined over the past eight weeks and is trading below all key moving averages, indicating a bearish trend and nearing its 52-week low.

As of 01-Sep, Mindpool Technologies Ltd's stock price is currently at Rs 71.10, showing no change from the previous trading session. The stock has been underperforming, having fallen every week for the last eight weeks and generating 0% returns during this period. Additionally, it has also fallen every month for the last six weeks, indicating a consistent downward trend. <BR><BR>The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically suggests a bearish sentiment among investors. Furthermore, the stock is close to its 52-week low, being only 3.59% away from Rs 68.55. <BR><BR>Despite a slight increase in investor participation, with a delivery volume of 1,000 shares on August 28 showing no change against the 5-day average, the overall performance remains weak. The stock has also underperformed its sector by 1.25% today. <BR><BR>Overall, the combination of consistent weekly and monthly declines, trading below moving averages, and proximity to its 52-week low contributes to the stock's falling trend.

Which are the latest news on Mindpool Tech.?

Who are in the management team of Mindpool Tech.?

The management team of Mindpool Tech consists of Ritesh R Sharma (Chairman & Managing Director), Poonam R Sharma (Whole-time Director), Kaustubh Karwe, Sunil Jain, and Shailendrasingh Naiyyar (all Independent Directors).

The management team of Mindpool Tech includes the following individuals:<BR><BR>1. Ritesh R Sharma - Chairman & Managing Director<BR>2. Poonam R Sharma - Whole-time Director<BR>3. Kaustubh Karwe - Independent Director<BR>4. Sunil Jain - Independent Non-Executive Director<BR>5. Shailendrasingh Naiyyar - Independent Non-Executive Director<BR><BR>If you have any more questions about Mindpool Tech or its operations, feel free to ask!

What does Mindpool Tech. do?

Mindpool Technologies Ltd specializes in IT staffing, software development, and IT-enabled services. As of September 2023, it reported net sales of 19 Cr and a market cap of INR 30 Cr.

Overview: <BR>Mindpool Technologies Ltd is engaged in IT staffing, software development, and information technology-enabled services within the Computers - Software & Consulting industry, classified as a Micro Cap company.<BR><BR>History: <BR>Mindpool Technologies Limited was incorporated in 2011 as "Mindpool Technologies Private Limited" and later converted to a Public Limited Company on April 4, 2018. The latest quarterly results reported net sales and net profit for September 2023.<BR><BR>Financial Snapshot: <BR>Net Sales: 19 Cr (Quarterly Results - Sep 2023) <BR>Net Profit: 0 Cr (Quarterly Results - Sep 2023) <BR>Market Cap: INR 30 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 72.00 <BR>Industry P/E: 22 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.05 <BR>Return on Equity: 3.13% <BR>Price to Book: 2.25 <BR><BR>Contact Details: <BR>Details: No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the Mindpool Tech.?

Mindpool Tech.'s peers include GSS Infotech, Vertexplus Tech., Micropro Softwar, Bodhtree Consulting, Accedere, Mudunuru, AccelerateBS Ind, Ram Info, and Benchmark Comp. Mindpool Tech. has the highest 1-year return at 3.72%, while GSS Infotech has the lowest at -57.86%.

Peers: The peers of Mindpool Tech. are GSS Infotech, Vertexplus Tech., Micropro Softwar, Bodhtree Consul., Accedere, Mudunuru, AccelerateBS Ind, Ram Info, and Benchmark Comp.<BR><BR>Quality Snapshot: Below Average management risk is observed at GSS Infotech, Mindpool Tech., Vertexplus Tech., Micropro Softwar, Bodhtree Consul., Accedere, Mudunuru, and Benchmark Comp., while Average management risk is found at Ram Info. Average growth is seen at GSS Infotech and Accedere, while Below Average growth is noted at Vertexplus Tech., Micropro Softwar, Bodhtree Consul., Mudunuru, and AccelerateBS Ind., and the rest. Good capital structure is present at Mindpool Tech., Accedere, Ram Info, and Benchmark Comp., while Below Average capital structure is found at GSS Infotech, Vertexplus Tech., Micropro Softwar, Bodhtree Consul., Mudunuru, and AccelerateBS Ind.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Mindpool Tech. at 3.72%, while GSS Infotech has the lowest at -57.86%. Mindpool Tech.'s return is significantly better than GSS Infotech's. Additionally, GSS Infotech, Vertexplus Tech., Micropro Softwar, and Bodhtree Consul. all have negative six-month returns.

How big is Mindpool Tech.?

As of 31st August, Mindpool Technologies Ltd has a market capitalization of 30.00 Cr, with recent net sales of 23.85 Cr and a net profit of 0.12 Cr for the quarter ending September 2023.

As of 31st August, Mindpool Technologies Ltd has a market capitalization of 30.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest quarter ending September 2023, Mindpool Technologies Ltd reported Net Sales of 23.85 Cr and a Net Profit of 0.12 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 18.31 Cr and Total Assets of 22.83 Cr.

How has been the historical performance of Mindpool Tech.?

Mindpool Tech has experienced a significant decline in net sales and profitability, with net sales dropping from 80.29 Cr in Mar'21 to 34.41 Cr in Mar'25, and profit after tax falling from 1.49 Cr to a loss of -0.13 Cr in Mar'23. The company faces liquidity challenges, as indicated by negative cash flow from operating activities.

Answer:<BR>The historical performance of Mindpool Tech shows a declining trend in net sales and profitability over the years, with a notable decrease in recent periods.<BR><BR>Breakdown:<BR>Mindpool Tech's net sales have decreased from 80.29 Cr in Mar'21 to 34.41 Cr in Mar'25, reflecting a significant downward trend. Total operating income followed a similar pattern, dropping from 80.29 Cr in Mar'21 to 34.41 Cr in Mar'25. The company's operating profit (PBDIT) also declined from 4.48 Cr in Mar'21 to 0.41 Cr in Mar'25, indicating reduced operational efficiency. Profit before tax and profit after tax have shown a downward trajectory, with profit after tax falling from 1.49 Cr in Mar'21 to 0.10 Cr in Mar'25, and even recording a loss of -0.13 Cr in Mar'23. The company's total assets have fluctuated, reaching 22.83 Cr in Mar'25, while total liabilities decreased significantly from 42.73 Cr in Mar'21 to 22.83 Cr in Mar'25, indicating a reduction in debt levels. Cash flow from operating activities has been negative in recent years, with no cash inflow reported in Mar'25, suggesting liquidity challenges. Overall, Mindpool Tech's financial performance has deteriorated over the years, marked by declining revenues and profits.

Who are the top shareholders of the Mindpool Tech.?

The top shareholder of Mindpool Tech is promoter Poonam R Sharma, holding 35.52%. Promoters collectively own the majority of shares, while individual investors hold 25.4%, and the highest public shareholder is Shashank Pravinchandra Doshi with 5.14%.

The top shareholders of Mindpool Tech include Poonam R Sharma, who is the promoter with the highest holding at 35.52%. The majority of the shareholding is held by promoters, with individual investors holding 25.4%. The highest public shareholder is Shashank Pravinchandra Doshi, who holds 5.14%. Notably, there are no mutual funds or foreign institutional investors (FIIs) currently holding shares in the company. Additionally, the pledged promoter holdings stand at 0.3311.

Is Mindpool Tech. overvalued or undervalued?

As of January 2, 2025, Mindpool Technologies Ltd. is considered overvalued and risky, with a PE ratio of 21.84, an EV to EBITDA of 21.06, and negative financial metrics, leading to a significant underperformance of -39.35% compared to the Sensex's 7.86% return over the past year.

As of 2 January 2025, the valuation grade for Mindpool Technologies Ltd. has moved from very expensive to risky, indicating a shift in perception regarding its financial health and market position. The company is currently assessed as overvalued. Key ratios highlight this concern: the PE Ratio stands at 21.84, the Price to Book Value is 1.21, and the EV to EBITDA is also at 21.06, which suggests that the stock may not be justified at its current price level given its financial performance.<BR><BR>In comparison to peers, Mindpool Technologies Ltd. has a similar PE ratio to its industry, but its EV to EBITDA ratio is concerning when viewed alongside its negative ROCE of -0.12% and low ROE of 0.55%. Notably, companies in the same space may be performing better, which could further indicate that Mindpool is not positioned favorably in the market. Additionally, the stock has underperformed against the Sensex over the past year, with a return of -39.35% compared to the Sensex's 7.86%, reinforcing the notion that it may be overvalued at this time.

What is the technical trend for Mindpool Tech.?

As of June 2, 2025, Mindpool Tech's technical trend is mildly bearish, with mixed signals from MACD, RSI, and Bollinger Bands across different time frames.

As of 2 June 2025, the technical trend for Mindpool Tech has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish, suggesting mixed signals across time frames. The RSI is bearish on a monthly basis, reinforcing the negative outlook. Bollinger Bands show a mildly bearish trend on both weekly and monthly charts, and daily moving averages also indicate a mildly bearish position. KST is mildly bullish weekly but bearish monthly, adding to the complexity of the current trend. Overall, the technical stance is mildly bearish, driven primarily by the bearish monthly indicators and the lack of a clear trend in Dow Theory and OBV.

When is the next results date for Mindpool Tech.?

No Upcoming Board Meetings

Has Mindpool Tech. declared dividend?

No Dividend History Available