Mindstix Software Labs is a digital transformation consultancy providing services in digital experiences, enterprise mobility, cloud engineering, UX design, DevOps, product development, data science, artificial intelligence, and the Internet of Things.

Mindstix Software Labs

Coastal Cloud is a top-rated Salesforce Consulting Partner, specializing in IT services and IT consulting. They have a heavily certified team with deep industry expertise, focusing 100% on customer success. With a strong track record of completed projects and a 5/5 Customer Satisfaction Score on Salesforce AppExchange, they are known for their expertise in cloud computing, Salesforce.com, and various other IT services.

Tim Hale

Coastal Cloud

Gartner, Inc. operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts. The Conferences segment offers business professionals in an organization the opportunity to learn, share, and network. The Consulting segment offers market research, custom analysis, and on-the-ground support services. This segment also offers actionable solutions for IT-related priorities, including IT cost optimization, digital transformation, and IT sourcing optimization. Gartner, Inc. was founded in 1979 and is headquartered in Stamford, Connecticut.

Gideon Gartner

Gartner, Inc.

Mindstix Software Labs | 71,546 followers on LinkedIn. Bolder Future. Designed and Engineered.  | Mindstix provides digital transformation services to some of the world&#39;s leading brands. Our expertise lies in the area of Luxury Retail, Cloud Engineering, Enterprise Mobility, and Embedded Systems. 

We are a team of &quot;smart creatives&quot; who embrace bleeding-edge technology to deliver deep engineering service with craftsmanship.

Board Member, Mindstix Software Labs | Founder APIDefender

Arvind Narain

Founder and CEO at Mindstix Software Labs, Inc. | Tech Entrepreneur, Investor | IIT Bombay

Roshan Kulkarni

CTO at Mindstix Software Labs - Cloud Native Apps, Microservices, Micro frontends, DevOps

Ambikeshwar Singh

Sr. Talent Acquisition Specialist - Campus & University Relations | Campus Hiring | Early Careers

Chetan Khairnar

Proud to announce that our Ninjas Asim Shah , Anshul Rokde , Abhijeet Kokane , Pranav Hadawale , Tejas Kohade (Team - APP-SOLUTELY-INCREDIBLES) and Sahil Kandhari , Alhaj Siddiqui , VIDURRAJE DESHMUKH , Rushikesh Suradkar , Om Kathe (Team - GlowAI) has emerged as the GLOBAL CHAMPIONS securing 1st and 2nd place respectively in Belcorp Hackathon 5.0, a global event hosted by Belcorp ! 🎉🏆 Their innovative solutions, driven by their exceptional engineering skills and dedication, have set a new benchmark for AI innovation. A huge shoutout to the entire team for their outstanding achievement! #AIInnovation#hackathon#Winners#RunnerUp#GlobalChampions#Belcorp#TeamworkMakesTheDreamWork#Mindstix

It’s been interesting to see the polar extremes that people most often take when it comes to AI today. One posture - This is the awesomest thing for humankind since fire! The magic pill, the answer to all our problems. Dah, dah... Another posture - This is going to be sentient soon and it's poised to disrupt our beautifully protected wall-gardens and life as we know it. We should be worried as hell. And another one - Duh! This seems to be just a glorified sentence predictor. What’s the big deal? Every walking day I end up talking to executives who are either "all-in" or "all-freeze" when it comes to AI. Makes me wonder, is there a most appropriate response and a mindset to this? I’ve come to understand that what we’re seeing is a natural unfolding process of iterative research and constant experimentation. Yes, there are going to be immense breakthroughs that we haven’t anticipated or even imagined yet. And yes, there is going to be a graveyard of terrible smelly ideas that don’t see the light of the day. To the credit of deep learning, one undeniable truth seems to emerge in recent years - For every naysayer of this approach, say, when applied to a specific use case, deep-learning has proven its value and mettle time and again; To solve that use case to a sufficient degree. Having a perfect ring-side view ("sitting on the sidelines until the thing matures") doesn’t seem to be the right response then. Neither is delusional optimism (a.k.a. "this is magic pill is the answer to all our problems"). One needs to jump in the ring, commit to experiment, be willing to pay the true cost of experimentation, and understand the beast. Let the process of constant tinkering, iterating, learning unfold. A real way forward. Enjoyed our hackathon. Way to go team! Proud of your immense enthusiasm and energy @ Mindstix Software Labs #ArtificialIntelligence #ShapingTheFuture #EngineeringCulture #LoveWhatYouDo

Our AI innovators have leveled up 🤖 ! From mind-bending concepts to highly impactful real-world use cases, our teams have delivered AI solutions for retail and CPG that are nothing short of revolutionary. A huge shoutout to our winning teams for their vision and enthusiasm to build a compelling pitch around their commendable work! #AI #Innovation #Tech #FutureForward #Hackathon

We at Mindstix have officially kicked off our AI Hackathon event - "HACK-AI-THON" today! It was amazing to see all the teams on the floor, brimming with fresh thoughts and enthusiasm. Check out the snapshot capturing the excitement of the AI enthusiasts! Stay tuned for more updates as we are innovating some great ideas together! #Hackaithon #Innovation #Teamwork #Mindstix #Hackathon

We at Mindstix Software Labs are buzzing with excitement for our upcoming, HACK-AI-THON! 🤖 from Sept 25 - 28, 2024. The future of Retail AI is being shaped right here at Mindstix. This exciting event will bring together our talented teams to collaborate, create, and innovate. Stay tuned for more details on the challenges. #AI #Hackathon #Innovation #Hackaithon #Mindtsix

From code to creation, our engineers excel in turning ideas into reality. Your passion fuels innovation, shaping not only technology but also fostering a dynamic and creative culture within our organization. We're incredibly proud of how each of you brings imagination to life, crafting a future filled with endless possibilities through your ingenuity. Today, we celebrate the unique spirit of creativity, collaboration, and excellence that you bring to the team every day. Happy Engineer's Day! #engineersday #mindstix #digitaltransformation #innovation #engineering #technology #future #innovation

Building Connections: A Recap of Our Leadership Connect Event Our recent "Leadership Connect" event fostered a welcoming environment where new ninjas (employees) connected directly with leadership at Mindstix Software Labs . It was an opportunity to discuss career aspirations, explore exciting projects, and gain insights into the company’s vision and culture. This interactive session bridged the gap between employees and the executive leadership, setting the stage for a successful and enriching start to the journey at Mindstix. We're committed to empowering our new team members with the right tools, resources and guidance they need to thrive in this fast-paced environment at Mindstix. #Culture #LeadershipConnect #EmployeeDevelopment #Mindstixsoftwarelabs #Growth

Exclusive insights into the Gen AI landscape in India through the lenses of both Indian and global venture capitalists. #GenAI #VentureCapital #TechInnovation

Ayan Barua

"There is no limit to what we, as women, can accomplish." - Michelle Obama. At Mindstix Software Labs , we celebrate and acknowledge these remarkable women who are breaking barriers and driving positive change. Let's continue to champion their achievements and empower the next generation of female leaders! #HappyWomensDay #WomenInTech #WomenLeaders

Metric
Company Name	Mindstix Software Labs	Coastal Cloud	Gartner, Inc.
Symbol			IT
MSH ID	COM:MINDSTIX	US:COASTALCLOUD	COM:GARTNER
Market	PRIVATE	PRIVATE	STOCKS
Sector	Technology	Information Technology	Technology
Industry	Consulting and Services	IT Services and IT Consulting	Information Technology Services
Country	US	US	US
Stage
Employee Count		503	20.29K
Website	mindstix.com	coastalcloud.us	gartner.com
LinkedIn	mindstix-software-labs-private-limited	coastal-cloud	gartner
Founders

Metric
Market Cap		34.82B
Enterprise Value
Monthly Web Traffic	1.23K
Web Traffic Growth	1.32
Valuation
Raised Capital

Metric
Revenue			5.91B
Revenue (LTM)
Revenue (NTM)
Gross Profit			4.00B
EBITDA			1.27B
Operating Income			1.13B
Net Income			882.47M
EPS			11.17
Diluted EPS			11.08
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin			0.76
Operating Profit Margin			0.19
EBITDA Margin			0.22
Net Profit Margin			0.15
Return on Equity			1.53
Return on Assets			0.11
Return on Capital Employed			0.29

MIND

COM:MINDSTIX

Mindstix Software Labs

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio			39.77
P/B Ratio			65.31
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio			6.77
EV Multiple			30.15

Metric
Days Sales Outstanding			71.46
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle			99.58
Cash Conversion Cycle			95.73
Asset Turnover			0.82

Metric
Operating Cash Flow			1.16B
Free Cash Flow			1.05B
Cash Flow to Debt			0.46
Operating Cash Flow/Sales			0.20
Free Cash Flow Yield			0.03

Metric
Cash & Equivalents			1.32B
Accounts Receivable			-24.66M
Inventory			-5.96M
Goodwill			2.94B
Debt to Capitalization			0.82
Debt to Assets			0.41
Current Ratio			0.86
Quick Ratio			0.90

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue			0.02
R&D to Revenue			0.45
SG&A to Revenue