Mastek

What does Mastek do?

Mastek Ltd is a digital engineering and cloud transformation partner in the software and consulting industry, with a market cap of Rs 7,373 Cr and reported net sales of 905 Cr and net profit of 81 Cr for March 2025. Key metrics include a P/E ratio of 20.00 and a dividend yield of 0.81%.

Overview: <BR>Mastek Ltd is a trusted Turnkey Digital Engineering and Cloud Transformation Partner operating in the Computers - Software & Consulting industry within the Mid Cap market-cap bracket.<BR><BR>History: <BR>Mastek Ltd was incorporated in an unspecified year and has maintained its status as a key player in digital engineering and cloud transformation. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>- Net Sales: 905 Cr (Quarterly Results - Mar 2025) <BR>- Net Profit: 81 Cr (Quarterly Results - Mar 2025) <BR>- Market Cap: Rs 7,373 Cr (Mid Cap) <BR><BR>Key Metrics: <BR>- P/E: 20.00 <BR>- Industry P/E: 29 <BR>- Dividend Yield: 0.81% <BR>- Debt Equity: -0.02 <BR>- Return on Equity: 14.92% <BR>- Price to Book: 2.94 <BR><BR>Contact Details: <BR>Address: 804/805 President House, Opp C N Vidyalaya Ahmedabad Gujarat : 380006 <BR>Tel: 91-79-26564337 <BR>Email: investor_grievances@mastek.com <BR>Website: http://www.mastek.com

Who are in the management team of Mastek?

As of March 2022, Mastek's management team includes Ashank Desai (Chairman/Executive Director), Ketan Mehta (Non-Executive Director), and five Independent Non-Executive Directors: Priti Rao, Rajeev Kumar Grover, Suresh Choithram Vaswani, and Umang Nahata. This diverse team supports the company's governance and strategic direction.

As of March 2022, the management team of Mastek includes the following individuals:<BR><BR>1. Ashank Desai - Chairman / Executive Director<BR>2. Ketan Mehta - Non-Executive & Non-Independent Director<BR>3. Priti Rao - Independent Non-Executive Director<BR>4. Rajeev Kumar Grover - Independent Non-Executive Director<BR>5. Suresh Choithram Vaswani - Independent Non-Executive Director<BR>6. Umang Nahata - Independent Non-Executive Director<BR><BR>This team comprises a mix of executive and independent directors, contributing to the governance and strategic direction of the company.

What is the bonus history of the Mastek?

Mastek's most recent bonus issue was a 1:1 bonus announced on March 27, 2006, with a record date of March 28, 2006, making shareholders eligible for the bonus shares on that date.

Mastek has a bonus history that includes a 1:1 bonus issue announced on March 27, 2006. The record date for this bonus was March 28, 2006, which means that shareholders on that date were eligible to receive the bonus shares. This was the most recent bonus action recorded for the company. If you have any more questions about Mastek or need further details, feel free to ask!

Is Mastek overvalued or undervalued?

As of April 9, 2025, Mastek's valuation has shifted to attractive with a PE ratio of 20.07, an EV to EBITDA of 13.42, and a ROCE of 19.45%, showing lower PE compared to TCS and Infosys, while its recent stock performance indicates a 5.84% return over the past week but a year-to-date decline of 18.67%.

As of 9 April 2025, Mastek's valuation grade has moved from very attractive to attractive, indicating a shift in its perceived value. The company is currently fairly valued. Key ratios include a PE ratio of 20.07, an EV to EBITDA of 13.42, and a ROCE of 19.45%. <BR><BR>In comparison to its peers, Mastek's PE ratio is lower than TCS at 25.23 and Infosys at 24.32, while its EV to EBITDA is also more favorable than TCS's 17.63. Despite recent stock performance showing a 5.84% return over the past week compared to the Sensex's 1.41%, Mastek's year-to-date return of -18.67% suggests a need for cautious optimism regarding its future performance.

Who are the peers of the Mastek?

Mastek's peers include Netweb Technologies, Happiest Minds, Black Box, Aurionpro Solutions, Latent View, eMudhra, AXISCADES Tech, Zaggle Prepaid, Rategain Travel, and R Systems International. In terms of management risk, growth, and capital structure, Mastek shows good performance, with a 1-year return of -9.41%, better than Rategain Travel but lower than AXISCADES Tech.

Peers: The peers of Mastek are Netweb Technol., Happiest Minds, Black Box, Aurionpro Sol., Latent View, eMudhra, AXISCADES Tech., Zaggle Prepaid, Rategain Travel, and R Systems Intl.<BR><BR>Quality Snapshot: Excellent management risk is observed at Netweb Technol. and R Systems Intl., while Average management risk is found at Happiest Minds, Black Box, Aurionpro Sol., Latent View, Zaggle Prepaid, and Rategain Travel, and the rest. Good management risk is noted for Mastek, eMudhra, and AXISCADES Tech. In terms of Growth, Excellent growth is seen at Netweb Technol., Aurionpro Sol., Zaggle Prepaid, and the rest, while Average growth is attributed to Happiest Minds, and Good growth is noted for Mastek, eMudhra, and R Systems Intl. Below Average growth is found at Black Box, Latent View, and AXISCADES Tech. Excellent capital structure is present in Netweb Technol., Happiest Minds, Aurionpro Sol., Latent View, Mastek, eMudhra, Zaggle Prepaid, and R Systems Intl., while Good capital structure is seen in Black Box and AXISCADES Tech.<BR><BR>Return Snapshot: The peer with the highest 1-year return is AXISCADES Tech. at 133.76%, while the lowest is Rategain Travel at -42.50%. Mastek's own 1-year return is -9.41%, which is higher than Rategain Travel's but lower than AXISCADES Tech.'s. Additionally, the peers with negative six-month returns include Netweb Technol., Happiest Minds, Black Box, Latent View, eMudhra, Rategain Travel, and the rest.

Who are the top shareholders of the Mastek?

The top shareholders of Mastek include Ashank Datta Desai with 10.97%, individual investors at 22.51%, Umang Tejkaran Nahata at 5.49%, 19 mutual funds with 4.77%, and 136 foreign institutional investors holding 10.01%. There are no pledged promoter holdings reported.

The top shareholders of Mastek include Ashank Datta Desai, who is the promoter with the highest holding at 10.97%. The company also has significant individual investor holdings, which account for 22.51%. Among public shareholders, Umang Tejkaran Nahata holds 5.49%. Additionally, the company has 19 mutual funds holding a total of 4.77% and 136 foreign institutional investors (FIIs) holding 10.01%. There are no pledged promoter holdings reported.

How big is Mastek?

As of 24th July, Mastek Ltd has a market capitalization of 7,907.00 Cr, with recent net sales of 3,557.04 Cr and a net profit of 396.48 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: Mastek Ltd has a market capitalization of 7,907.00 Cr, categorizing it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 3,557.04 Cr, while the sum of Net Profit for the same period is 396.48 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 2,087.41 Cr and Total Assets valued at 3,577.53 Cr.

When is the next results date for Mastek?

The next results date for Mastek is 16 October 2025.

The next results date for Mastek is scheduled for 16 October 2025.

How has been the historical performance of Mastek?

Mastek has shown consistent growth in net sales and profitability, with net sales increasing from INR 1,033.21 crore in March 2019 to INR 3,455.23 crore in March 2025, and profit after tax rising from INR 101.47 crore to INR 375.93 crore in the same period. The company's earnings per share also improved significantly, from 42.31 to 121.5.

Answer:<BR>The historical performance of Mastek shows a consistent growth trajectory in net sales and profitability over the years leading up to March 2025.<BR><BR>Breakdown:<BR>Mastek's net sales have increased significantly from INR 1,033.21 crore in March 2019 to INR 3,455.23 crore in March 2025, reflecting a strong upward trend. Total operating income followed a similar pattern, rising from INR 1,033.21 crore in March 2019 to INR 3,455.23 crore in March 2025. The company's operating profit (PBDIT) also showed growth, reaching INR 568.73 crore in March 2025, up from INR 156.32 crore in March 2019. Profit before tax increased to INR 459.16 crore in March 2025 from INR 133.39 crore in March 2019, while profit after tax reached INR 375.93 crore in March 2025, compared to INR 101.47 crore in March 2019. The earnings per share (EPS) rose to 121.5 in March 2025 from 42.31 in March 2019, indicating improved shareholder value. On the balance sheet, total assets increased from INR 1,864.64 crore in March 2020 to INR 3,707.25 crore in March 2025, with total liabilities also rising from INR 1,864.64 crore to INR 3,707.25 crore in the same period. Cash flow from operating activities improved significantly, reaching INR 395 crore in March 2025, compared to INR 184 crore in March 2020. Overall, Mastek has demonstrated robust growth in revenue, profitability, and asset base over the years.

Is Mastek technically bullish or bearish?

As of December 3, 2025, Mastek's technical trend has shifted to a moderate bearish stance, driven by bearish signals from key indicators like moving averages and MACD, despite a mildly bullish weekly MACD.

As of 3 December 2025, the technical trend for Mastek has changed from mildly bearish to bearish. The current technical stance is bearish with a moderate strength. Key indicators driving this stance include the bearish signals from the daily moving averages, weekly Bollinger Bands, KST, and OBV, alongside a monthly bearish MACD. The weekly MACD is mildly bullish but is outweighed by the overall bearish trend in other indicators. The stock has also underperformed significantly compared to the Sensex over multiple time frames, particularly year-to-date and over the past year.

Are Mastek Ltd latest results good or bad?

Mastek Ltd's latest results show a net profit increase of 11.19% quarter-on-quarter, indicating strong operational performance, but revenue declined by 3.69% sequentially, raising concerns about growth sustainability. Overall, while profitability improved, the revenue drop suggests potential challenges ahead.

Mastek Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹108.35 crores for Q3 FY26, which is an increase of 11.19% quarter-on-quarter and 14.40% year-on-year. This reflects strong operational performance and effective cost management. The operating margin also improved to 16.08%, up 61 basis points from the previous quarter, indicating better expense control.<BR><BR>However, the revenue for the same quarter was ₹905.68 crores, representing a decline of 3.69% from the previous quarter, although it did show a year-on-year growth of 4.16%. This sequential decline raises concerns about the sustainability of revenue growth, especially as it contrasts with the company's historical growth rates.<BR><BR>Overall, while Mastek has demonstrated commendable margin expansion and profitability, the revenue decline suggests challenges in demand and growth sustainability. Investors may need to monitor future quarters closely to assess whether the company can regain its revenue momentum.

Should I buy, sell or hold Mastek Ltd?

Has Mastek Ltd declared dividend?

Yes, Mastek Ltd has declared a dividend of 160%, amounting to ₹16 per share, with an ex-date of January 30, 2026. While the company has shown mixed total returns over various periods, it has delivered positive returns over the long term, particularly a total return of 87.79% over the last 5 years.

Mastek Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 160%<BR>- Amount per share: 16 per share<BR>- Ex-date: 30 Jan 26<BR><BR>Dividend Yield: 1.08%.<BR><BR>Total Returns by Period:<BR>In the 3 Months period, the price return was -8.04%, the dividend return was 0.36%, resulting in a total return of -7.68%.<BR><BR>In the 6 Months period, the price return was -21.51%, the dividend return was 0.97%, leading to a total return of -20.54%.<BR><BR>In the 1 Year period, the price return was -25.91%, the dividend return was 0.98%, culminating in a total return of -24.93%.<BR><BR>In the 2 Years period, the price return was -25.01%, the dividend return was 1.48%, which resulted in a total return of -23.53%.<BR><BR>In the 3 Years period, the price return was 23.52%, the dividend return was 3.79%, yielding a total return of 27.31%.<BR><BR>In the 4 Years period, the price return was -29.59%, the dividend return was 3.19%, leading to a total return of -26.4%.<BR><BR>In the 5 Years period, the price return was 79.83%, the dividend return was 7.96%, resulting in a total return of 87.79%.<BR><BR>Overall, Mastek Ltd has declared a significant dividend, but the total returns over various periods show a mixed performance, with negative returns in shorter periods and positive returns over the longer term, particularly in the 5 Years period.

Why is Mastek Ltd falling/rising?

As of 02-Feb, Mastek Ltd's stock price is rising to 2,065.20, reflecting a 1.2% increase despite earlier declines. The stock shows resilience with a year-to-date gain and strong financial metrics, indicating positive investor sentiment.

As of 02-Feb, Mastek Ltd's stock price is rising, currently at 2,065.20, reflecting a change of 24.45 (1.2%) upwards. This increase comes despite a challenging performance earlier in the day, where the stock opened down by 2.48% and reached an intraday low of Rs 1990.05. However, it has since rebounded, outperforming the sector by 1.7%.<BR><BR>The stock's recent performance shows a mixed picture; while it has fallen by 2.58% over the past month and 19.10% over the past year, it has shown resilience with a year-to-date increase of 0.69%. Additionally, Mastek Ltd has demonstrated high management efficiency, evidenced by a return on equity (ROE) of 19.82% and a low debt-to-equity ratio of 0.05 times, which are positive indicators for investors.<BR><BR>Furthermore, the company reported strong financial results for December, with cash and cash equivalents at their highest level of Rs 521.76 crore and a significant increase in profit before tax. The stock is also trading at a fair value compared to its peers, with an attractive price-to-book value of 2.4. High institutional holdings at 22.92% suggest confidence from larger investors who have the resources to analyze the company's fundamentals effectively.<BR><BR>In summary, the combination of a recent rebound in price, strong financial performance, and positive management metrics contributes to the current rise in Mastek Ltd's stock price.

Which are the latest news on Mastek?