Mindteck is a global Technology and IT Services Company that delivers business and technology solutions to a wide range of Fortune 500 companies, multinationals, and successful mid market enterprises around the globe. It has offices and development centers in India, USA, UK, Germany, Netherlands, Singapore, Malaysia, and Bahrain. It is a provider of end to end IT Services, IT Infrastructure, Security and Managed Services, and Product Engineering Services. Mindteck (India) Limited is listed on the Bombay Stock Exchange. It is an ISO 9001:2000, ISO 27001:2005, ISO 13485 certified, and a SEI CMMi Level 5 assessed Company.
Financial Highlights
• Consolidated revenues stood at Rs 226.54 crore for the year ended March 31, 2010 as compared to Rs 282.14 crore during the corresponding previous year ended March 31, 2009
• EBIDTA on a consolidated basis for FY09-10 stood at Rs 10.53 crore as compared to Rs 17.95 crore reported in corresponding year
• Net profit after tax was Rs 3.35 crore as compared to Rs 10.98 crore during the corresponding previous year ended March 31, 2009
• EPS for the financial year was Rs 1.38 as compared to Rs 4.57 during the corresponding previous year ended March 31, 2009
Business Highlights
• Ranked amongst the fastest growing technology firms in Deloitte Technology Fast 500 Asia Pacific 2009 and Deloitte Technology Fast 50 India 2009
• Devised an innovative ‘best shore delivery model’ to provide customers with a mix of on-site, off-shore, offshore-onsite, and other hybrid delivery options across geographies
• Established Practice Groups for its IT, Infrastructure Management and Engineering service offerings
• Invested in building Solution Accelerators that are ready-to-deploy and reusable
• Launched a number of new technology initiatives, including:
o iPhone apps and games
o Smart Energy management solutions
o Windows 7-based Multi-Touch solution
o Enterprise mobility solutions
o Virtualization ROI calculator
http://www.mindteck.com/Media/pdf/FY09-10-results.pdf