MindTree Ltd
NSE:MINDTREE
Gross Margin
MindTree Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| IN |
|
MindTree Ltd
NSE:MINDTREE
|
566.1B INR |
90%
|
|
| US |
|
International Business Machines Corp
NYSE:IBM
|
261.1B USD |
57%
|
|
| IE |
|
Accenture PLC
NYSE:ACN
|
178.9B USD |
32%
|
|
| IN |
|
Tata Consultancy Services Ltd
NSE:TCS
|
12.4T INR |
95%
|
|
| IN |
|
Infosys Ltd
NSE:INFY
|
6.7T INR |
30%
|
|
| IN |
|
HCL Technologies Ltd
NSE:HCLTECH
|
4.7T INR |
85%
|
|
| JP |
|
Fujitsu Ltd
TSE:6702
|
6.1T JPY |
33%
|
|
| JP |
|
NTT Data Corp
TSE:9613
|
5.6T JPY |
28%
|
|
| JP |
N
|
NTT Data Group Corp
DUS:NT5
|
32.5B EUR |
28%
|
|
| US |
|
Cognizant Technology Solutions Corp
NASDAQ:CTSH
|
37.2B USD |
34%
|
|
| JP |
|
NEC Corp
TSE:6701
|
5.5T JPY |
30%
|
MindTree Ltd
Glance View
In the bustling landscape of information technology services, MindTree Ltd., founded in 1999 by a group of ten professionals, carved out its niche with a commitment to delivering digital transformation and technology services on a global scale. Based in Bangalore, India, its journey began at the cusp of the millennium amidst technological shifts that demanded innovation and agility. Over the years, MindTree has emerged as a pivotal player by providing a wide spectrum of services, including application development, enterprise resource planning, digital transformation, and cloud services. The company has strategically positioned itself by serving sectors like banking, insurance, retail, and consumer goods, and has expanded its footprint across North America, Europe, and Asia, illustrating its evolution from a domestic IT service provider to a formidable global entity. At the heart of MindTree's operations is its ability to craft customer-centric solutions, seamlessly integrating cutting-edge technology with business needs. Their client-centric model focuses on understanding and anticipating client requirements, allowing them to create tailored solutions that help organizations navigate the complex digital landscape. Revenue is primarily generated through long-term contracts with clients who rely on MindTree for end-to-end IT services and solutions that enhance operational efficiencies and customer experiences. Its success hinges on an unwavering dedication to innovation and prowess in managing diverse IT ecosystems, securing its reputation as a trusted partner in technology transformation. This business model, embracing both technology and customer commitment, fuels MindTree’s financial health and sustains its competitive edge in the rapidly evolving IT services industry.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on MindTree Ltd's most recent financial statements, the company has Gross Margin of 90.3%.
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