Mindtree is a global technology consulting and services company that enables enterprises across industries to drive superior competitive advantage, improve customer experiences and create positive business outcomes by harnessing digital and cloud technologies. A digital transformation partner to more than 270 of the world’s leading corporations, Mindtree brings extensive domain, technology, and consulting expertise to help reimagine business models, accelerate innovation and maximise growth.
- Sales: ₹ 12,169 Cr.
- Operating profit: ₹ 2,555 Cr.
- Net profit: ₹ 1,891 Cr.
- Sales last year: ₹ 10,525 Cr.
- EBIDT last year: ₹ 2,503 Cr.
- Sales growth 3Years: 14.4 %
- Total Assets: ₹ 8,465 Cr.
- Reserves: ₹ 5,504 Cr.
- Debt: ₹ 613 Cr.
- Current assets: ₹ 6,379 Cr.
- Current liabilities: ₹ 2,156 Cr.
- Debt to equity: 0.11
“Born digital,” in 1999 and now a Larsen & Toubro Group Company, Mindtree applies its deep domain knowledge to 275+ enterprise client engagements to break down silos, make sense of digital complexity and bring new initiatives to market faster. The company enable IT to move at the speed of business, leveraging emerging technologies and the efficiencies of Continuous Delivery to spur business innovation.
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Mindtree Ltd Profile
Mindtree [NSE: MINDTREE] is a global technology consulting and services company, helping enterprises marry scale with agility to achieve competitive advantage. Operating in more than 15 countries across the world, the company consistently regarded as one of the best places to work, embodied every day by winning culture made up of over 22,000 entrepreneurial, collaborative and dedicated “Mindtree Minds.”
- Dividend yield: 1.08 %
- Face value: ₹ 10.0
- ROE 5Yr: 26.9 %
- ROCE: 41.5 %
- ROCE 3Yr: 35.4 %
- Return on equity: 33.8 %
As a socially and environmentally responsible business, Mindtree is focused on growth as well as sustainability in
building long-term stakeholder value. Powered by more than 35,000 talented and entrepreneurial professionals across 24 countries, Mindtree is consistently recognised among the best places to work.
Mindtree Ltd business enables the customers across diverse industry sectors such as
- banking,
- capital markets,
- insurance,
- communications,
- media and entertainment,
- technology,
- education,
- retail,
- consumer packaged goods,
- manufacturing,
- travel,
- hospitality,
- logistics, and
- healthcare to achieve digital transformation.
Communications, Media and Technology (CMT)
Mindtree partners with CMT customers to help them reimagine their business models, optimise and automate key
processes, and fully leverage digital technologies. It enables Communications Service Providers (CSPs) and Original
Equipment Manufacturers (OEMs) to customise, implement and support their 5G products, IoT platforms, and edge devices.
The offerings help media firms, broadcasters, publishers, gaming developers, advertising agencies, information service
providers, professional service firms, and educational institutions to digitalise their content and scale their direct-to-consumer platforms.
Mindtree also enables technology software, hardware, semiconductor, and networking companies to build innovative and intuitive products, increasingly offered as a service with subscription-based pricing.
Banking, Financial Services and Insurance (BFSI)
Mindtree enables banks, cards and payments networks, capital markets institutions, property and casualty (P&C) carriers, and life and annuity insurance firms to accelerate digital transformation.
Mindtree helps BFSI customers to modernise their core, reimagine their go-to-market models, adopt cloud, leverage
data and insights, and better engage with their customers through insightful analytics, personalised marketing, and
tailored experiences. It also enables customers with their ESG journeys by creating strategies, providing intelligence
services, managing risks, staying compliant, and generating green alpha.
Retail, CPG and Manufacturing (RCM)
Mindtree helps its RCM customers become future-ready and get to the market with better predictability and speed. It enables some of the world’s largest food, beverages, household and personal care products, sports goods, footwear and apparel, consumer durables, and pharma consumer firms to drive hyper-personalisation in today’s connected world. This is done by harnessing cutting-edge consumer-data platforms and hyper-analytics and reimagining supply chains along with manufacturing processes. It also helps retail customers deliver cohesive and compelling omnichannel experiences to their ‘GLOCAL’ customers.
Travel, Transportation and Hospitality (TTH)
Mindtree partners with leading airlines, hotels, cruise lines, travel service providers, car rental firms, and real estate
companies in their digital transformation initiatives to help them recover from the COVID-19 pandemic and deliver
measurable business outcomes.
Data analytics and cloud modernisation expertise help customers achieve economic discipline, lean operations, and digitalisation to drive profitable growth.
Healthcare
Mindtree’s cross-industry experience helps customers across the health ecosystem including payers, providers, and medical
device companies to accelerate growth, deliver superior experience to consumers, clinicians and employees, reduce
the cost of care, and run digitally optimised operations.
Mindtree also provides industry-focused platforms, valuedriven engagement constructs, innovation labs, and cohesive
partnerships built on the foundation of technology and talent.
Alliances and Partnerships
Mindtree, the idea of collaboration and partnership is to deliver appropriate technology solutions to new and existing clients which result in better business outputs and outcomes for them.
Mindtree’s key partner relationships are:
Microsoft
Mindtree is distinguished with the highest tier of Microsoft Azure partnerships and is one of the exclusive 70+ Managed
Service Providers with exclusive access to all levels of support programmes and solutions. It also collaborates closely with Microsoft to develop next-generation cloud solutions for clients.
Salesforce
Mindtree is an established premium consulting partner of Salesforce with 17+ years of experience on the platform. As a Platinum Partner, it specialises in Salesforce implementation strategies to drive digital growth through deep client engagement and offers services across the Salesforce success value chain – ranging from Strategy Consulting & Solution Design to Implementation and Application Value Maintenance.
AWS
Mindtree is an Advanced Consulting Partner in the Amazon Partner Network (APN) for Amazon Web Services (AWS). Together, they have helped several enterprises to successfully migrate to the cloud.
Adobe
Mindtree has been a Platinum-level Adobe Business Partner for over 3 years. The partnership with Adobe and the domain
experience brings together a full suite of customer experience transformation services to accelerate its clients’ digital
transformation journey.
Mindtree is a Premier Google Partner for Google Cloud Platform (GCP) and offers its customers a complete spectrum
of cloud services.
The business is also empanelled as a strategic vendor to Google’s ‘Professional Services Organisation’ (PSO) and a
part of the Google Cloud Partner Advantage Program that is designed to provide Google Cloud customers with qualified partners that have demonstrated technical proficiency and proven success in specialised solution and service areas.
SAP
Mindtree and SAP have been strategic partners for more than a decade. Mindtree is currently the only integrated
service provider in the world with expertise on the SAP HANA platform across all three major public cloud platforms:
Amazon Web Services, Microsoft Azure and Google Cloud. Mindtree is also one of a handful of Lighthouse Partners,
which offer customers SAP’s re-imagined enterprise resource planning solution, SAP S/4HANA via the public cloud.
ServiceNow
Mindtree is an Elite partner of ServiceNow and was recognised as the 2022 ServiceNow Americas Emerging Service Provider Partner of the Year. Its dedicated ServiceNow practice has carried out large-scale transformational engagements.
In addition to upskilling and reskilling resources across various ServiceNow certification streams and building competencies beyond ITSM, Mindtree has also invested heavily in establishing a dedicated ServiceNow engineering team and centre of excellence, developing a broad range of custom applications and accelerators to drive function-specific as well as enterprise ServiceNow solutions.
