Mindpool Tech.

Why is Mindpool Technologies Ltd falling/rising?

As of 28-Jun, the stock price of Mindpool Technologies Ltd is at 71.10, unchanged from the previous session, and has seen a consistent decline over the last eight weeks with 0% returns. Despite a 26.96% increase over the past year, recent performance indicates stagnation and challenges in the short term.

As of 28-Jun, the stock price of Mindpool Technologies Ltd is currently at 71.10, with no change from the previous trading session. The stock has experienced a consistent decline, having fallen every week for the last eight weeks and generated 0% returns during this period. Additionally, it has not produced any returns over the last month, reflecting a similar trend of stagnation.<BR><BR>Despite these recent struggles, the stock has shown a significant increase over the past year, with a return of 26.96%, outperforming the Sensex, which has declined by 4.71% in the same timeframe. However, the year-to-date performance indicates a lack of growth, with a 0% return compared to the Sensex's drop of 7.94%. <BR><BR>The stock's moving averages indicate that it is currently higher than the 200-day moving average but lower than the shorter-term moving averages (5-day, 20-day, 50-day, and 100-day), suggesting a mixed performance trend. Furthermore, there has been a slight increase in investor participation, with delivery volume rising by 0% against the 5-day average, indicating some interest in trading the stock.<BR><BR>Overall, while there are signs of potential recovery in the long-term performance, the recent consistent declines in both weekly and monthly returns suggest that Mindpool Technologies Ltd is currently facing challenges that are contributing to its stagnation in price.

Which are the latest news on Mindpool Tech.?

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, categorized as a Micro Cap company.<BR><BR>History: <BR>Mindpool Technologies Limited was incorporated as a Private Limited Company on February 21, 2011, and later converted to a Public Limited Company on April 04, 2018. The latest quarterly results reported net sales and net profit for September 2023.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 19 Cr (Quarterly Results - Sep 2023) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Sep 2023) <BR>Market-cap value: INR 30 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 72.00 <BR>Industry P/E: 20 <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.

How big is Mindpool Tech.?

As of 10th June, 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 10th June, <BR><BR>Market Cap: Mindpool Technologies Ltd has a market capitalization of 30.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest quarter ending September 2023, the company reported Net Sales of 23.85 Cr and a Net Profit of 0.12 Cr.<BR><BR>Balance Sheet Snapshot: The latest reporting period for the balance sheet is March 2025, with Shareholder's Funds amounting to 18.31 Cr and Total Assets of 22.83 Cr.

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 (Independent Director), Sunil Jain (Independent Non-Executive Director), and Shailendrasingh Naiyyar (Independent Non-Executive Director).

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 need more details about their roles or the company, feel free to ask!

Who are the peers of the Mindpool Tech.?

Mindpool Tech.'s peers include Globesecure Tech, Quicktouch Tech, Vertexplus Tech, GSS Infotech, Micropro Softwar, Yudiz Solutions, Infonative Solutions, Starcom Info, and Benchmark Comp. In terms of performance, Mindpool Tech. has a 1-year return of 37.92%, lower than Globesecure Tech's 69.49% but higher than GSS Infotech's -65.92%.

Peers: The peers of Mindpool Tech. are Globesecure Tech, Quicktouch Tech, Vertexplus Tech., GSS Infotech, Micropro Softwar, Yudiz Solutions, Infonative Solu., Starcom Info., and Benchmark Comp.<BR><BR>Quality Snapshot: Below Average management risk is observed at Globesecure Tech, Vertexplus Tech., GSS Infotech, Mindpool Tech., Micropro Softwar, Yudiz Solutions, and Benchmark Comp., while Average management risk is found at Quicktouch Tech. Good management risk is noted at Infonative Solu. and Capital Structure ratings show Good at Quicktouch Tech, Mindpool Tech., and Benchmark Comp., while Average is seen at Micropro Softwar, and Below Average at the rest. Growth is Average at Mindpool Tech. and Infonative Solu., while Below Average is found at Globesecure Tech, Quicktouch Tech, Vertexplus Tech., GSS Infotech, Micropro Softwar, Yudiz Solutions, and Benchmark Comp.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Globesecure Tech at 69.49%, while GSS Infotech has the lowest at -65.92%. Mindpool Tech.'s 1-year return of 37.92% is higher than that of GSS Infotech but lower than Globesecure Tech. Additionally, the six-month return is negative for Quicktouch Tech, Vertexplus Tech., GSS Infotech, and Yudiz Solutions.

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