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.

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.

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.

When is the next results date for Mastek Ltd?

The next results date for Mastek Ltd is April 17, 2026.

The next results date for Mastek Ltd is scheduled for April 17, 2026.

Are Mastek Ltd latest results good or bad?

Mastek Ltd's latest results show a record net profit of ₹106.15 crore for Q4 FY26, a 30.94% increase year-on-year, but revenue growth is only 3.60%, below historical averages, and margins have contracted, raising concerns about future growth. Investors should monitor upcoming quarters for signs of improvement.

Mastek Ltd's latest results present a mixed picture. On one hand, the company achieved a record net profit of ₹106.15 crore for Q4 FY26, marking a significant year-on-year increase of 30.94%. This is a positive indicator of profitability. However, on the other hand, the revenue growth of ₹938 crore represents a modest year-on-year increase of only 3.60%, which is considerably below the company's historical growth rate of 18.40% over the past five years. <BR><BR>Sequentially, while revenue showed a slight improvement of 3.57% compared to the previous quarter, net profit declined by 2.03%. Additionally, both operating margin and PAT margin experienced slight contractions compared to the previous quarter, indicating some pressure on profitability.<BR><BR>Overall, while the net profit figures are encouraging, the sluggish revenue growth and declining margins raise concerns about the company's ability to maintain momentum in a competitive market. Investors may want to monitor future quarters closely to see if Mastek can regain its growth trajectory.

Should I buy, sell or hold Mastek Ltd?

Why is Mastek Ltd falling/rising?

As of 24-May, Mastek Ltd's stock is at 1,632.80, down 0.63%, with a year-to-date decline of 20.39%. The stock's poor performance is attributed to historical losses, reduced investor participation, and underperformance compared to its sector and the broader market.

As of 24-May, Mastek Ltd's stock price is currently at 1,632.80, reflecting a decrease of 10.3 points or 0.63%. The stock has shown a negative performance trend over various periods, with a year-to-date decline of 20.39% compared to a 11.51% drop in the Sensex. Over the past year, Mastek's stock has fallen by 29.79%, significantly underperforming the Sensex, which has only decreased by 6.84%.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 0.75%. Additionally, the moving averages suggest that while the stock is higher than its 5-day and 50-day moving averages, it is lower than the 20-day, 100-day, and 200-day moving averages, indicating a potential downward trend. Furthermore, there has been a decline in investor participation, with delivery volume falling by 12.91% against the 5-day average, which may contribute to the stock's downward pressure.<BR><BR>Despite some positive factors, such as high management efficiency with a return on equity (ROE) of 17.53% and a low debt-to-equity ratio of 0.02, these have not been sufficient to counteract the overall negative sentiment surrounding the stock. The company has reported positive financial results, including a 33.81% growth in profit after tax over the last six months, but the stock's significant decline in value suggests that investors may be reacting to broader market conditions or other underlying issues. <BR><BR>In summary, Mastek Ltd's stock is falling due to a combination of poor historical performance, declining investor participation, and underperformance relative to both its sector and the broader market.

Which are the latest news on Mastek?