Mindteck (India)

Mindteck (India) Interest Coverage

The Interest Coverage Ratio of Mindteck (India) (MINDTECK.NS) as of Oct 21, 2026 is 6.57. In the previous year, Interest Coverage Ratio was 8.23 — a change of -20.19% (lower).

Interest Coverage

6.57

YoY

-20.19%

Last updated:

Interest Coverage Ratio of Mindteck (India) is 2025 6.57 . Interest Coverage Ratio of Mindteck (India) was 2024 8.23 . It decreases by -20.19% lower compared to the previous year.

The Mindteck (India) Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
-3.10 INR
Jan 1, 2019
83.67 INR
Jan 1, 2020
-52.53 INR
Jan 1, 2021
33.60 INR
Jan 1, 2022
36.37 INR
Jan 1, 2023
14.62 INR
Jan 1, 2024
8.23 INR
Jan 1, 2025
6.57 INR
The Mindteck (India) Interest Coverage history
YEARInterest CoverageYoY
6.57-20.19%
8.23-43.68%
14.62-59.80%
36.37+8.25%
33.60-163.96%
-52.53-162.78%
83.67-2,798.92%
-3.10-113.03%
23.78-98.74%
1,886.45+5,897.55%
31.45-64.41%
88.38—

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Mindteck (India) Stock analysis

What does Mindteck (India) do? Mindteck (India) Ltd. generates revenue through product engineering services, including electronic design, firmware, and software development for life sciences, analytical instruments, semiconductor fab equipment, medical instruments, and storage products. The company also offers application software services to software vendors in banking and financial services, space, and custom application development, management, re-engineering, validation, and verification. Enterprise business services provide support and maintenance for enterprise-wide applications, while offshore-based employee resourcing and marketing support are additional revenue streams. Clients include software vendors, enterprises requiring application maintenance, and industries such as life sciences and medical technology. The company's primary clients are software vendors in the banking and financial services sector, as well as enterprises needing support for their applications. Product engineering services target industries like life sciences, medical instruments, and semiconductor equipment manufacturing. Application software services cater to custom development and management needs across multiple sectors. Offshore resourcing supports client teams with dedicated personnel for project execution. Mindteck’s revenue model combines product engineering, application software, and enterprise business services, with key segments being life sciences, medical instruments, semiconductor manufacturing, and banking and financial services. The company serves software vendors and enterprises requiring application maintenance, validation, and custom development solutions. Offshore employee resourcing is a supplementary service that enhances client project delivery capabilities. Mindteck (India) is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Mindteck (India) stock

Interest Coverage Ratio of Mindteck (India) is 6.57 in 2025.

Interest Coverage Ratio of Mindteck (India) changed from 8.23 to 6.57, representing a -20.19% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Mindteck (India) since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Mindteck (India) with sector peers and the industry average to assess whether it is attractive.

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Leverage — Mindteck (India)

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