NSEPress Release2d ago · 4 Nov 2026, 04:46 pm
Press Release
Mindteck (India) Limited · MINDTECK
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Mindteck (India) Limited has reported its Q2 FY27 results, with consolidated revenue up by 3.8% year on year and consolidated net profit at Rs. 7.48 crore.
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Governance Concern1/10
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Market Sentiment5/10
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Mindteck (India) Limited has informed the Exchange regarding a press release dated November 04, 2026, titled "Mindteck Reports Q2 FY27 Results, Advancing Its Role as an Engineering Partner".
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Mindteck (India) Limited
(CIN: L30007KA1991PLC039702)
Regd. Office: AMR Tech Park, Block 1, 3rd Floor
#664, 23/24, Hosur Road, Bommanahalli
Bengaluru - 560068. India
Tel: +91 80 4154 8000/4154 8300
Fax: +91 80 4112 5813
www.mindteck.com
Ref: MT/SG/2026-27/35 Scrip Code: 517344
November 04, 2026 Symbol: “Mindteck”
To, To,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G,
Dalal Street Bandra Kurla Complex,
Mumbai- 400001 Bandra (E)
Mumbai – 400 051
Dear Sir/Madam,
Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015.
With reference to the above-mentioned subject, Mindteck would like to send press releases today on –
“Mindteck Reports Q2 FY27 Results, Advancing Its Role as an Engineering Partner”.
The copy of the press releases is attached for the same.
Please take the above intimation on record and kindly acknowledge.
Thanking you,
Yours Truly,
For Mindteck (India) Limited
Sathya Raja G.
AVP, Legal and Company Secretary
UNITED STATES INDIA CANADA SINGAPORE MALAYSIA PHILIPPINES BAHRAIN GERMANY UNITED KINGDOM
Mindteck (India) Limited
Regd. Office: AMR Tech Park, Block 1,
3rd Floor, #664, 23/24, Hosur Main Road
Bommanahalli, Bengaluru - 560068. India
(CIN: L30007KA1991PLC039702)
Tel: +91 80 4154 8000/4154 8300
Fax: +91 80 4112 5813
www.mindteck.com
Mindteck Reports Q2 FY27 Results, Advancing Its Role as an Engineering Partner
Bengaluru, India – November 04, 2026: Mindteck (India) Limited (BSE: 517344 and NSE: MINDTECK), the
global engineering and technology solutions company with niche knowledge and expertise in the storage,
medical device, semiconductor and analytical instrument industries, reported its financial results for the
second quarter (Q2 FY27) and half year ended September 30, 2026.
The company’s consolidated revenue for the quarter stood at Rs.105.50 crore as against Rs.104.08 crore
for the previous quarter ended June 30, 2026, and Rs.101.63 crore for the corresponding quarter ended
September 30, 2025, up by 3.8% year on year and 1.4% over the first quarter. Consolidated net profit for the
quarter stood at Rs. 7.48 crore as against a profit of Rs. 8.36 crore for the previous quarter ended June 30,
2026, and Rs. 7.56 crore for the corresponding quarter ended September 30, 2025. Furthermore, YTD
consolidated revenue for the six months ended September 30, 2026, stood at
Rs. 209.58 crore as against Rs. 202.93 crore for the six months ended September 30, 2025, up by 3.3% year
on year. YTD consolidated profit for the six months ended September 30, 2026, stood at Rs. 15.84 crore as
against Rs.16.31 crore for the six months ended September 30, 2025. (During the six months ended
September 30, 2025, the company recorded exceptional gain of Rs. 1.91 crore). The company ended the half
with a strong liquidity position, with cash and liquid investments of about Rs. 204.72 crore, up by 21.2%
from a year ago.
The company’s standalone revenue for the quarter stood at Rs. 31.91 crore as against Rs. 33.93 crore for
the previous quarter ended June 30, 2026, and Rs. 39.15 crore for the corresponding quarter ended
September 30, 2025. Standalone net profit for the quarter stood at Rs. 3.78 crore as against a profit of Rs.
3.84 crore for the previous quarter ended June 30, 2026, and Rs. 5.38 crore for the corresponding quarter
ended September 30, 2025.
Furthermore, YTD revenue for the six months ended September 30, 2026, stood at Rs. 65.84 crore as against
Rs. 74.30 crore for the six months ended September 30, 2025. YTD profit for the six months ended
September 30, 2026, stood at Rs. 7.62 crore as against Rs. 10.04 crore for the six months ended September
30, 2025.
Commenting on the results, Javed Gaya, Chairman of the Board, said:
““We are encouraged by this quarter’s performance and the cost and margin discipline the team has
shown, though there is much more to do. Our priority is unchanged: to turn growth into sustainable,
profitable returns. With a healthy liquidity position, we will keep investing selectively in solutions, AI and
talent, and we will continue to support the management in executing the plan. On behalf of the Board, I
thank our customers, employees and shareholders for their continued trust.”
INDIA UNITED STATES CANADA SINGAPORE MALAYSI A PHILIPPINES BAHRAIN GERMANY UNITED KINGDOM
www.mindteck.com
Adding to the Chairman’s comments, Karim Dhanani, Chief Executive Officer said:
“Mindteck held steady this quarter in an uncertain market. Two long-standing clients scaled back, and we
absorbed that impact while still growing revenue and winning first-time managed engineering engagements
with several clients. We are repositioning as an engineering partner that owns programs and brings market-
ready solutions, and AI built on engineering depth with strong partners, to customers in Asia-Pacific, North
America and the UK. We are excited about what lies ahead and well placed to deliver.”
For more information, contact ravneet.sekhon@mindteck.com
About Mindteck
For over 30 years, Mindteck has been the quiet engine behind breakthrough innovations in Life Sciences, Industrial
Automation, Healthcare, Semiconductor, and Data Storage. From embedded systems to AI-driven platforms — we
engineer what matters.
Trusted by Fortune 1000 companies and ambitious startups alike, Mindteck delivers end-to-end product engineering
and IT services across the full technology lifecycle — from concept and prototyping to manufacturing readiness and
digital transformation.
Our expertise spans:
AI & Data Services — LLM-based solutions, analytics, and intelligent automation
IoT & Embedded Systems — The Ignite platform for smart buildings, energy, and healthcare
Product Engineering — Hardware, firmware, and software for regulated industries
Quality Engineering & Testing — CMMI Level 5 processes with shift-left methodology
BPM Services — Domain-focused, outcome-driven operations for insurance, BFSI, and more
Headquartered in Bengaluru, India, with offices across USA, UK, Canada, Germany, Singapore, Malaysia, Bahrain, and
Philippines — we bring global scale with local expertise.
Founding member of The Atlas of Economic Complexity at Harvard University's CID. Publicly listed on BSE & NSE.
Mindteck continues to be compliant to ISO International standards for QMS & ISMS while utilizing CMMI Level 5,
Version 2.0 DEV & SVC framework for high maturity engineering & support processes.
INDIA UNITED STATES CANADA SINGAPORE MALAYSIA PHILIPPINES BAHRAIN GERMANY UNITED KINGDOM