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.

Which are the latest news on Mastek?

Why is Mastek Ltd falling/rising?

As of 17-Mar, Mastek Ltd's stock price is at 1,456.90, reflecting a decline of 0.76% and hitting a new 52-week low. The stock has fallen 28.97% year-to-date and is trading below its moving averages, indicating a bearish trend despite some positive management metrics.

As of 17-Mar, Mastek Ltd's stock price is falling, currently at 1,456.90, which reflects a decrease of 11.2 points or 0.76%. The stock has been on a downward trend, having lost 7.63% over the past four days, and it has hit a new 52-week low of Rs. 1439 today. This decline is further illustrated by the stock's performance over various periods, showing a significant drop of 28.97% year-to-date and a staggering 31.05% decline over the past year, contrasting sharply with the Sensex, which has gained 2.56% in the same timeframe.<BR><BR>Mastek Ltd is also trading below its moving averages across multiple timeframes, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Despite a rise in investor participation, with delivery volume increasing by 19.92% against the 5-day average, the overall sentiment remains negative due to the stock's consecutive falls and poor performance relative to the benchmark index.<BR><BR>While there are some positive factors, such as high management efficiency and a low debt-to-equity ratio, these have not been sufficient to counteract the prevailing downward pressure on the stock price. The company's recent financial results show some positive metrics, but the overall market reaction has been unfavorable, contributing to the stock's decline.

Why is Mastek Ltd falling/rising?

As of 20-Mar, Mastek Ltd's stock price is 1,447.30, reflecting a decline of 3.85 (-0.27%) and significant underperformance with a year-to-date drop of 29.43%. The stock is nearing its 52-week low and shows a bearish trend, compounded by waning investor participation and consecutive declines.

As of 20-Mar, Mastek Ltd's stock price is falling, currently at 1,447.30, which reflects a decrease of 3.85 (-0.27%). The stock has been underperforming significantly, with a 1-week decline of 3.33% and a more substantial 1-month drop of 15.41%. Year-to-date, the stock has decreased by 29.43%, and over the past year, it has fallen by 38.12%, while the benchmark Sensex has only decreased by 2.38% in the same period.<BR><BR>Today's performance indicates that the stock is close to its 52-week low, being only 0.57% away from that low of Rs 1439. Additionally, Mastek has experienced consecutive declines over the last two days, resulting in a total drop of 5.8%. The stock is also trading below its moving averages across multiple time frames, indicating a bearish trend.<BR><BR>Investor participation appears to be waning, as evidenced by a significant drop in delivery volume, which fell by 28.16% compared to the 5-day average. Although the stock touched an intraday high of Rs 1499, it ultimately underperformed its sector by 2.2% today.<BR><BR>Despite some positive factors, such as high management efficiency and low debt levels, the overall market sentiment and recent performance metrics suggest that Mastek Ltd's stock is currently in a downward trajectory.

Why is Mastek Ltd falling/rising?

As of 23-Mar, Mastek Ltd's stock price is at 1,382.30, reflecting a 4.82% decline and a new 52-week low. The stock has underperformed significantly compared to the Sensex, with a year-to-date drop of 32.60%, and reduced investor interest is evident from a 30.63% decrease in delivery volume.

As of 23-Mar, Mastek Ltd's stock price is falling, currently at 1,382.30, which reflects a decrease of 70.05 or 4.82%. This decline is evident in the stock's performance over various periods, showing a 5.84% drop over the past week, a 17.03% decrease over the past month, and a significant 32.60% decline year-to-date. Additionally, the stock has reached a new 52-week low of Rs. 1375.55 today, indicating ongoing downward pressure.<BR><BR>The stock's performance is underwhelming compared to the benchmark Sensex, which has only decreased by 3.72% over the past week and 12.72% over the past month. Mastek's trading is also below its moving averages across multiple time frames, suggesting a bearish trend. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 30.63% against the five-day average, indicating reduced interest from investors.<BR><BR>Despite some positive factors, such as high management efficiency and low debt levels, these have not been sufficient to counteract the stock's poor performance. The company has experienced a significant decline in stock value over the past year, down 40.08%, despite a modest profit increase of 3.5%. This disparity, along with a high PEG ratio of 3.6, suggests that the stock may be overvalued relative to its earnings growth potential. Overall, the combination of negative price movements, reduced trading volume, and underperformance against benchmarks contributes to the current decline in Mastek Ltd's stock price.

Why is Mastek Ltd falling/rising?

As of 24-Mar, Mastek Ltd's stock price is rising to 1,430.50, driven by strong initial investor interest, positive financial results, and high institutional support, despite a challenging year-to-date performance. The stock's current valuation is also attractive compared to its peers.

As of 24-Mar, Mastek Ltd's stock price is rising, currently at 1,430.50, reflecting an increase of 48.2 points or 3.49%. This upward movement can be attributed to several factors. Firstly, the stock opened with a gain of 4.11% today and reached an intraday high of Rs 1444.5, indicating strong initial investor interest. Additionally, Mastek outperformed its sector by 2.45%, suggesting that it is gaining traction relative to its peers.<BR><BR>Despite a challenging year-to-date performance, where the stock has declined by 30.25%, the company has shown positive financial results, including the highest cash and cash equivalents at Rs 521.76 crore and a significant increase in PBDIT and PBT figures. The company's management efficiency is also noteworthy, with a high return on equity (ROE) of 19.82% and a low debt-to-equity ratio of 0.05, which may instill confidence among investors.<BR><BR>Moreover, the stock is trading at a discount compared to its peers' average historical valuations, making it potentially attractive for investors looking for value. The presence of high institutional holdings at 22.92% suggests that knowledgeable investors are backing the stock, which can further bolster its price.<BR><BR>In summary, the combination of a strong opening, positive sector performance, solid financial metrics, and institutional support contributes to the current rise in Mastek Ltd's stock price.

Why is Mastek Ltd falling/rising?

As of 25-Mar, Mastek Ltd's stock price is rising to 1,452.00, reflecting a 1.5% increase. This rise is driven by recent gains, favorable investor sentiment, and strong financial fundamentals, despite longer-term declines.

As of 25-Mar, Mastek Ltd's stock price is rising, currently at 1,452.00, reflecting a change of 21.5 (1.5%) upward. This increase can be attributed to several factors. Firstly, the stock has been gaining for the last two days, with a total return of 5.04% during this period. Additionally, it opened with a gain of 2.22% today and reached an intraday high of Rs 1462.3, indicating positive momentum.<BR><BR>Moreover, Mastek Ltd has outperformed its sector by 1.49% today, which suggests that investor sentiment is favorable compared to the broader market. The rising investor participation is also notable, with a delivery volume of 77.76 k on 24 March, which has increased by 32.92% against the 5-day average. This indicates growing interest and confidence among investors.<BR><BR>Despite the stock's poor performance over longer periods, such as a year-to-date decline of 29.21% and a one-year drop of 36.14%, the recent positive financial results, including high cash reserves and strong profitability metrics, contribute to a more optimistic outlook. The company's high management efficiency, reflected in a return on equity (ROE) of 19.82%, and low debt-to-equity ratio of 0.05 times further support its valuation attractiveness.<BR><BR>In summary, the combination of recent gains, positive investor sentiment, and strong financial fundamentals are driving the rise in Mastek Ltd's stock price.