Changes for page MindTree Ltd

Last modified by Asif Farooqui on 2021/04/06 10:11

From version < 1.3 >

edited by Asif Farooqui
on 2020/08/31 13:03

To version < 2.1 >

edited by Asif Farooqui
on 2020/08/31 13:32

< >

Change comment: There is no comment for this version

Raw
Rendered

Summary

Page properties (1 modified, 0 added, 0 removed)

Details

Page properties

Content

@@ -4,7
+4,7 @@
  = Company Overview =
--Mindtree delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition. “Born digital,” Mindtree takes an agile, collaborative approach to creating customized solutions across the digital value chain. The company's deep expertise in infrastructure and applications management turns IT into a strategic asset. Whether you need to run your business more efficiently or accelerate revenue growth, Mindtree can get you there.{{footnote}}https://www.mindtree.com/about{{/footnote}}
++Mindtree (NSE:MINDTREE)delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition. “Born digital,” Mindtree takes an agile, collaborative approach to creating customized solutions across the digital value chain. The company's deep expertise in infrastructure and applications management turns IT into a strategic asset. Whether you need to run your business more efficiently or accelerate revenue growth, Mindtree can get you there.{{footnote}}https://www.mindtree.com/about{{/footnote}}
  == Services ==
@@ -102,141
+102,87 @@
  Gladius Connected Buildings, brings together multiple systems within the IT and OT realms. As a result, you can manage multiple equipment, third-party systems (e.g. access control and people counter), and IT systems (e.g. ERP, ticket management, etc.) from one solution – aka Gladius Connected Buildings.
++=== Employee Training & Microlearning ===
--Employee Training & Microlearning
++Company's aim to reducing attention spans and increased mobility has created the need to deliver engaging content in bite sized modules. The result: superior employee engagement and performance and better business results.{{footnote}}https://www.mindtree.com/products/microlearning-platform-mobile-first-shotclasses{{/footnote}}
--Company's aim to reducing attention spans and increased mobility has created the need to deliver engaging content in bite sized modules. The result: superior employee engagement and performance and better business results.{{footnote}}https://www.mindtree.com/about{{/footnote}}
--
--[[https:~~/~~/www.mindtree.com/products/microlearning-platform-mobile-first-shotclasses>>url:https://www.mindtree.com/products/microlearning-platform-mobile-first-shotclasses]]
--
--
  Reimagine Learning and Engagement with Shotclasses
--.
++* **Gamification & Social Learning:** Game-like mechanics and peer-to-peer learning to incentivize learners to improve attention, memory, and motivation.
++* **Continuous and personalized engagement:** Anytime, anywhere access to a business learning app in multiple languages to reinforce learning at the point of need.
++* **Learning Option Recommendations:** SaaS based platform that automates learning recommendations based on learners’ preferences and needs.
++* **Impact Assessment:** Impact measurement through interactive dashboards and real-time reports.
--Gamification & Social Learning: Game-like mechanics and peer-to-peer learning to incentivize learners to improve attention, memory, and motivation.
++== Alliances ==
--Continuous and personalized engagement: Anytime, anywhere access to a business learning app in multiple languages to reinforce learning at the point of need.
--
--Learning Option Recommendations: SaaS based platform that automates learning recommendations based on learners’ preferences and needs.
--
--Impact Assessment: Impact measurement through interactive dashboards and real-time reports.
--
--
--
--Alliances
--
  Mindtree works in an inherently competitive market that is evolving at an unprecedented rate due to advances in technology and customer demands. To meet this rising demand trend, global companies need to innovate and invest in disruptive technologies to better compete with others in the market. The technology ecosystem banks heavily on integrative solutions, which is why it is important for technology service providers and innovators to collaborate to create sustainable solutions. At Mindtree, its idea of collaboration and partnership is to deliver appropriate technology solutions to new and existing clients that result in better business outputs and outcomes for them. When its clients achieve what they envisaged by deploying its partner enabled technology solutions it ensures their trust in it, which is its key priority when it comes to its customer engagement strategy.
++**Strategic Partners**
--Strategic Partners
++* Adobe
++* Amazon Web Services (AWS)
++* Duck Creek Technologies
++* Google Cloud
++* Informatica
++* Microsoft
++* MuleSoft
++* Murex
++* SAP
++* Sitecore
++* PTC
--.
++**Solution Partners**
--Adobe
++* Acquia
++* Apigee
++* Backbase
++* CenturyLink Technology Solutions
++* Cloudera
++* DataStax
++* Denodo
++* eBaoTech
++* e-Spirit
++* Hortonworks
++* Hybris
++* IBM
++* i-exceed
++* MapR
++* Neotys
--Amazon Web Services (AWS)
++= Industry Overview =
--Duck Creek Technologies
++India’s IT industry contributes ~~ 7.7% to GDP. The IT Business Process Management (BPM) industry grew 6.1% year-on-year, while the IT & ITES industry grew from $170 Billion in FY19 to $181 Billion in FY20. India has become the world’s largest digital capability hub, accounting for ~~ 75% of the global digital talent. Revenue from digital is expected to contribute 38% of all IT & ITES revenue by FY25. Indian IT industry employed 4.1 Million people with a budget of about $90 Billion in FY19. Due to lowering of IT systems related spend by most customers (except infrastructure spend, which will grow to accommodate remote work and business support), the hiring trend could dip in FY21.{{footnote}}https://www.mindtree.com/annual-report-2019-2020/pdf/mda.pdf{{/footnote}}
--Google Cloud
++== Outlook ==
--Informatica
--
--Microsoft
--
--MuleSoft
--
--Murex
--
--SAP
--
--Sitecore
--
--PTC
--
--
--
--
--Solution Partners
--
--.
--
--Acquia
--
--Apigee
--
--Backbase
--
--CenturyLink Technology Solutions
--
--Cloudera
--
--DataStax
--
--Denodo
--
--eBaoTech
--
--e-Spirit
--
--Hortonworks
--
--Hybris
--
--IBM
--
--i-exceed
--
--MapR
--
--Neotys
--
--
--Industry Overview
--
--
--India’s IT industry contributes ~~ 7.7% to GDP. The IT Business Process Management (BPM) industry grew 6.1% year-on-year, while the IT & ITES industry grew from $170 Billion in FY19 to $181 Billion in FY20. India has become the world’s largest digital capability hub, accounting for ~~ 75% of the global digital talent. Revenue from digital is expected to contribute 38% of all IT & ITES revenue by FY25. Indian IT industry employed 4.1 Million people with a budget of about $90 Billion in FY19. Due to lowering of IT systems related spend by most customers (except infrastructure spend, which will grow to accommodate remote work and business support), the hiring trend could dip in FY21.{{footnote}}https://www.mindtree.com/about{{/footnote}}
--
--[[https:~~/~~/www.mindtree.com/annual-report-2019-2020/pdf/mda.pdf>>url:https://www.mindtree.com/annual-report-2019-2020/pdf/mda.pdf]]
--
--
--Outlook
--
  The pandemic will bring in long-term changes in the IT industry. These include remote delivery, improvement in productivity, increased offshore work, restructuring of contracts, and new compensation structures with IT customers. The lockdown in different countries across the Americas and Europe and travel restrictions will negatively impact growth. Further, prior projections of the industry size at $350 Billion by FY25 are likely to be revised following cutbacks by customers globally across different sectors.
++= Business Overview =
--Business Overview
--
  For FY20, its revenue stood at $1,089 Million up 9.4% in constant currency and 8.7% in USD terms, driven by the highest-ever deal signings. The company saw robust performance across all verticals, with Hi-Tech and Media reporting 13.3% growth, Travel and Hospitality 10.6%, BFSI 4.7%, and Retail, CPG and Manufacturing 3.2%.
++== Strategy ==
--
--Strategy
--
  Mindtree strategy is to deliver unmatched services to its customers through deep domain knowledge and technical expertise. While the company continue to focus on existing industry verticals, MindTree has identified three strategic levers to consolidate its deliverables and provide best-in-class outcomes to both its customers and shareholders. The company believe focusing on those areas will enable it to attain market leadership in the identified business segments.
--Simplify
++**Simplify**
  The company will simplify and streamline the way the company work internally and with its customers. This will enhance its focus on delivering agile, integrated and hyper-efficient business solutions.
--Differentiate
++**Differentiate**
  Mindtree strives to differentiate in the marketplace through its transformative capabilities, domain depth, unique solutions and frameworks.
--Change
++**Change**
  To align with the ever-evolving technology landscape and customer expectations, the company continue to change its business model, IT delivery processes, and enhance people skills.
++= Financial Overview =
--Financial Overview
++== Income ==
--
--Income
--
  For FY20, USD revenue grew 8.7% to $1,089 Million while INR revenue rose 10.6% to Rs 77,643 Million. The company analyze its revenue (in USD terms) based on various parameters:
--
  Revenue by vertical: High Technology and Media (Hi-tech) grew 13%, followed by Travel and Hospitality (TH) by 11%
  Revenue by geography: US grew 11%, while India grew 27%
@@ -247,20
+247,18 @@
  The company's active customers list as on March 31, 2020 stood at 307 as against 349 in the previous year. The number of $10 Million customers remained unchanged at 23, while $25 Million customers increased from 4 to 5.
++**Other income** (excluding foreign exchange loss/gain)
--Other income (excluding foreign exchange loss/gain)
--
  Other income for the year ending March 31, 2020 increased to Rs 756 Million from Rs 626 Million in FY19. The increase was on account of a gain on fair valuation of investment in mutual funds by Rs 88 Million and an increase in Interest income on financial asset at amortized cost by Rs 43 Million.
--Foreign exchange loss/gain
++**Foreign exchange loss/gain**
  Foreign exchange loss for the year ending March 31, 2020 was Rs 83 Million as against a foreign exchange gain of Rs 267 Million in the previous year, primarily due to an increase in MTM loss on forward covers and loss on foreign currency valuation of lease liability
++== Expenses ==
--Expenses
++**Employee benefits expenses**
--Employee benefits expenses
--
  Employee benefits expenses account for 65.2% of its total revenue and are a major part of its total expenses. The expenses include fixed as well as variable components of its employees’ salaries, and contribution to provident fund and gratuity. Stock-based compensation and staff welfare expenses are also part of that cost.
  Total employee benefits expenses increased by 14.6%. As a percentage of revenue, employee benefits expenses has increased from 62.9% in FY19 to 65.2% in FY20. The increase was in line with revenue and head count and takes into account the one-time incentive given to employees on account of its 20th Anniversary celebrations.
@@ -267,10
+267,8 @@
  Other expenses increased 4.8% year-on-year mainly due to higher sub-contractor charges, travel expenses, computer consumables and legal and professional charges, repairs and maintenance toward buildings, rates and taxes. There was a one-time expense of Rs 200 Million toward donation to the PM CARES Fund. The increase was, however, offset by the impact of Ind AS 116 - Leases relating to lease-rentals being accounted during FY20 as payment of interest and repayment of principal, instead of as expenses in FY19. However, other expenses, as a percentage of revenue decreased by 1.2%.
++== Profitability and margins ==
--Profitability and margins
--
--
  Net profit after tax was Rs 6,309 million for the year ending March 31, 2020 compare with Rs 7,541 million for year ending March 31, 2019.
  PAT margin dropped by 2.6%, and as a percentage of revenue, decreased from 10.7% to 8.1% in FY20
@@ -279,6
+279,6 @@
  Effective tax rate was at 23.9% in FY20 as compared with 23.6% in FY19
--References
++= References =
  {{putFootnotes/}}