Mindteck (India)NSE:MINDTECK -1.97%79 Gross Margin % is 16.79% as of Mar. 2026, which is 7% below its 10-year median of 18.02. GuruFocus rates NSE:MINDTECK with a GF Score™ of 79/100 and a GF Value™ of ₹223.72 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,676 Software companies, Mindteck (India) ranks worse than 83.41% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Mindteck (India) had a gross margin of 16.79% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Mindteck (India) Gross Margin % Related Terms
Mindteck (India) Gross Margin % Historical Data
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The historical data trend for Mindteck (India)'s Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:MINDTECK vs IBM, ACN, FISV: Gross Margin % Comparison
For the Information Technology Services subindustry, Mindteck (India)'s Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mindteck (India) Gross Margin % vs Software Industry
For the Software industry and Technology sector, Mindteck (India)'s Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mindteck (India)'s Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Mindteck (India) (NSE:MINDTECK) has a Gross Margin % of 16.79% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mindteck (India) and its competitors. This is near median its historical median of 18.02. Over the past decade, Mindteck (India)'s Gross Margin % has ranged from 13.99 to 20.43. According to the industry distribution chart, Mindteck (India) ranks #2232 out of 2676 companies in the Software industry, placing it in the top 83.4%.
Is Mindteck (India)'s Gross Margin % too high?
Mindteck (India)'s current Gross Margin % of 16.79% is near median its 10-year median of 18.02. Over the past 10 years, this metric has ranged from a low of 13.99 to a high of 20.43. The Software industry median Gross Margin % is 40.50. Mindteck (India)'s value of 16.79% is 58.5% below this industry median. Based on the distribution chart, Mindteck (India) ranks #2232 out of 2676 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Mindteck (India) has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mindteck (India)'s Gross Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Mindteck (India) ranks #2232 out of 2676 companies for Gross Margin %. This places Mindteck (India) in the lower half of its industry. The industry median Gross Margin % is 40.50. Mindteck (India)'s value of 16.79% is 58.5% below this benchmark. Historically, Mindteck (India)'s own Gross Margin % has ranged from 13.99 to 20.43 over the past decade. While the company's 10-year median is 18.02 vs. the industry median of 40.50, Mindteck (India) has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.50, based on 2,676 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mindteck (India)'s current Gross Margin % of 16.79% is 58.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Mindteck (India) and its competitors. For the Software industry, the median Gross Margin % is 40.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mindteck (India)'s current Gross Margin % is 16.79%, which is near median its own 10-year median of 18.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mindteck (India) stock overvalued right now?
Based on GuruFocus' analysis, Mindteck (India) (NSE:MINDTECK) is currently considered Fairly Valued. The stock's GF Value™ is ₹223.72, compared to a current price of ₹202.86 — trading 9.3% below its estimated fair value. The current Gross Margin % is 16.79%, which is near median its 10-year median of 18.02 and 58.5% below the Software industry median of 40.50. Mindteck (India)'s overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Mindteck (India) (NSE:MINDTECK), the current Gross Margin % is 16.79% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mindteck (India) (NSE:MINDTECK) Overvalued in 2026?
Based on GuruFocus' analysis, Mindteck (India) stock appears to be undervalued.
The current stock price of ₹202.86 is trading 9.3% below its estimated GF Value™ of ₹223.72.
GuruFocus considers Mindteck (India) to be Fairly Valued.
Key valuation signals for NSE:MINDTECK:
Gross Margin %: 16.79% (near median its 10-year median of 18.02)
GF Value™: ₹223.72 vs. price of ₹202.86 (9.3% below fair value)
Industry Position: 58.5% below the Software median (#2232 of 2676)
No single metric tells the full story. See the NSE:MINDTECK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mindteck (India) Ltd provides product engineering and information technology services to clients, startups, universities, and the government. Its operations include providing software services to external customers and providing IT-enabled services to subsidiaries within the group. The company's core offerings are Product Engineering, Application Software, Electronic Design, Testing, IT Infrastructure & Managed Services, R&D Services, Energy Management Software Solutions, and Enterprise Business Services. Geographically, the group has a business presence in the United States, India, and other countries, of which key revenue is derived from the United States.
79GF Score
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