MASTEK LTD·SOFTWARE SERVICES 43.38·IT - Software Companies

Price

1,612.1

+0.37%
O:1607.2
H:1638.8
L:1591
C:1612.1

52W Range

1334.22818
+21%/-43%

Market Cap

₹4,997.64 Cr

Traded: ₹4.77 Cr (0.10%) 0.0x

Free Float: ₹1,237.41 Cr (0.39% of FF traded)

Volume · 60D trend

29.45 K 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-1% 3M:-4% 6M:-1% 12M:-26%

Valuation

P/E12.4
P/B1.7
P/S1.4
EV/EBIT13.0

Business Strength

ROE16.3%
ROCE17.5%
OPM15.8%
NPM10.9%

Growth (3Y CAGR)

EPS+7.3%
Sales+13.0%
Profit+16.0%
3Y Return+3.0%

Balance Sheet

Debt/Equity0.1
Debt421 Cr
Pledge0.0%
CWIP/Fixed Asset0.1%

Cash Position

CFO/NP--
FCF376 Cr
FCF 3Y Avg1,144 Cr
Cash/MCap11.0%

Others

Div Yield0.8%
Div Payout18.0%
Cash Conv. Cycle57 days
Tradeable Free Float24.8%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 63.23 Cr
5.11% FF
60d high
₹ 64.42 Cr
60d low
₹ 61.16 Cr
60d mean
₹ 62.99 Cr
vs mean
▲ 0.39%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
+18.0%
+18.0%
+16.0%
--
--
Stable
Return
+27.0%
+6.0%
+3.0%
-25.0%
--
Decelerating
Sales
+22.0%
+17.0%
+13.0%
--
+7.0%
Decelerating
Profit
+42.0%
+16.0%
+16.0%
--
+16.0%
Stable

Quarterly Results

Mar 2026

17 Apr
Rev
938 Cr
+4% YoY+4% QoQ
OPM16.0%
NPM11.3%
PAT
+41% YoY106 Cr
EPS
+31% YoY34.2

Dec 2025

21 Jan
Rev
906 Cr
+4% YoY-4% QoQ
OPM17.0%
NPM11.9%
PAT
+23% YoY108 Cr
EPS
+14% YoY35.0

Sep 2025

Rev
940 Cr
+8% YoY+3% QoQ
OPM15.0%
NPM10.3%
PAT
-19% YoY97 Cr
EPS
-25% YoY31.5

Jun 2025

Rev
915 Cr
+13% YoY+1% QoQ
OPM15.0%
NPM10.1%
PAT
+29% YoY92 Cr
EPS
+28% YoY29.8

Mar 2025

Rev
905 Cr
+16% YoY+4% QoQ
OPM15.0%
NPM8.9%
PAT
-5% YoY81 Cr
EPS
-12% YoY26.2

Dec 2024

Rev
870 Cr
+11% YoY+0% QoQ
OPM16.0%
NPM10.9%
PAT
+22% YoY95 Cr
EPS
+25% YoY30.7

Sep 2024

Rev
867 Cr
+13% YoY+7% QoQ
OPM16.0%
NPM14.9%
PAT
+85% YoY129 Cr
EPS
+103% YoY41.7

Jun 2024

Rev
813 Cr
+12% YoY+4% QoQ
OPM15.0%
NPM8.9%
PAT
+2% YoY72 Cr
EPS
+1% YoY23.2

Mar 2024

Rev
780 Cr
+10% YoY-1% QoQ
OPM16.0%
NPM12.1%
PAT
+27% YoY94 Cr
EPS
+26% YoY29.9

Dec 2023

Rev
784 Cr
+19% YoY+2% QoQ
OPM17.0%
NPM9.9%
PAT
+17% YoY78 Cr
EPS
+15% YoY24.6

Sep 2023

Rev
766 Cr
--+6% QoQ
OPM16.0%
NPM8.5%
PAT
+0% YoY65 Cr
EPS
--20.5

Jun 2023

Rev
725 Cr
--+2% QoQ
OPM18.0%
NPM10.2%
PAT
-9% YoY74 Cr
EPS
--22.9

Mar 2023

Rev
709 Cr
--+8% QoQ
OPM18.0%
NPM10.3%
PAT
-9% YoY73 Cr
EPS
--23.8

Dec 2022

Rev
659 Cr
----
OPM17.0%
NPM10.2%
PAT
-13% YoY67 Cr
EPS
--21.3

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.15
Interest Coverage--x
Promoter Pledge0.0%
Borrowings438 Cr

Efficiency

Receivable Days57 days
Inventory Days days
Payable Days days
Cash Conversion cycle57 days

Cash Position

Operating Cash Flow--
Investing Cash Flow--
Financing Cash Flow--
Free Cash Flow376 Cr

Detailed Financials

Mar 2026
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Mar 2024
Dec 2023
Sep 2023
Jun 2023
Mar 2023
Dec 2022
Sales938906940915905870867813780784766725709659
Expenses787754795777767729724689655651642598584545
Operating Profit151152146137139141143124125134123127126114
OPM %16.0%17.0%15.0%15.0%15.0%16.0%16.0%15.0%16.0%17.0%16.0%18.0%18.0%17.0%
Other Income0141511-513174531206
Interest7799101211991313998
Depreciation1818181819172020272221202020
Profit Before Tax1251411341211061261299994102901009692
Tax %15.0%23.0%27.0%24.0%23.0%25.0%0.0%28.0%-1.0%24.0%28.0%27.0%25.0%27.0%
Net Profit1061089792819512972947865747367
Exceptional Items-24-600-8412000-4000
EPS (Rs)34.235.031.529.826.230.741.723.229.924.620.522.923.821.3
Sales Growth (YoY)3.6%4.1%8.4%12.6%16.0%11.0%13.2%12.1%10.0%19.0%--------
Sales Growth (QoQ)3.5%-3.6%2.7%1.1%4.0%0.3%6.6%4.2%-0.5%2.4%5.7%2.3%7.6%--
OP Growth (YoY)8.6%7.8%2.1%10.5%11.2%5.2%16.3%-2.4%-0.8%17.5%--------
OP Growth (QoQ)-0.7%4.1%6.6%-1.4%-1.4%-1.4%15.3%-0.8%-6.7%8.9%-3.1%0.8%10.5%--
Profit Growth (YoY)41.0%23.0%-19.0%29.0%-5.0%22.0%85.0%2.0%27.0%17.0%0.0%-9.0%-9.0%-13.0%
EPS Growth (YoY)30.7%14.0%-24.5%28.3%-12.2%24.9%103.3%1.2%25.6%15.1%--------
EPS Growth (QoQ)-2.1%11.1%5.8%13.6%-14.6%-26.4%79.8%-22.4%21.5%19.8%-10.5%-3.6%11.4%--
OP Margin16.1%16.8%15.5%15.0%15.4%16.2%16.5%15.3%16.0%17.1%16.1%17.5%17.8%17.3%
Net Margin11.3%11.9%10.3%10.1%8.9%10.9%14.9%8.9%12.1%9.9%8.5%10.2%10.3%10.2%
Material Cost %----------------------------
Employee Cost %54.0%54.0%53.0%54.0%53.0%53.0%55.0%55.0%54.0%55.0%56.0%54.0%54.0%53.0%
P/S1.351.44------------------------
P/E12.3613.87------------------------
P/B1.671.97------------------------

Shareholding Pattern

Shareholders:88.9K (-15.4%)
Current MixMar 2026

Exchange Filings

50
Board Meeting03 Jul 2026

Mastek Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/07/2026 ,inter alia, to consider and approve Unaudited Financial Results for the ....

Company Update03 Jul 2026

Press Release titled "Mastek Featured in ''100 Years in Monarchy and Democracy'' Publication for Contributions to the United Kingdom."

Company Update02 Jul 2026

Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended June 30, 2026.

Company Update29 Jun 2026

Press Release titled "Mastek Partners with Yanbu Cement Company to Modernise its Production to Dispatch Operations."

Company Update25 Jun 2026

Intimation of Schedule of Analyst/Institutional Investor Meeting

Company Update25 Jun 2026

Intimation of Schedule of Analyst / Institutional Investor Meet

Insider Trading / SAST24 Jun 2026

Intimation of closure of Trading Window in connection with declaration of Financial Results for the quarter ending June 30, 2026.

Company Update23 Jun 2026

Intimation of Schedule of Analyst / Institutional Investor Meet.

Company Update29 May 2026

Newspaper Publication regarding proposed transfer of shares to IEPF Authority and Special Window for re-lodgement of physical transfer requests

Company Update23 May 2026

Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015, this is to inform you that the Company Officials will be attending the 360 ONE Capital(B&K) Annual Investor Conference scheduled ....

Company Update18 May 2026

Appointment/Superannuation of Senior Management Personnel

Company Update18 May 2026

Press release titled "Mastek Appoints Amit Gajwani as Chief Operating Officer"

Company Update13 May 2026

Intimation of Schedule of Analyst / Institutional Investor Meet

Company Update08 May 2026

Allotment of 3,442 equity shares under the Company''s Employee Stock Option Plans

Company Update30 Apr 2026

Intimation of Schedule of Analyst/Institutional Investor Meeting

Company Update24 Apr 2026

Transcript of Earning Conference Call held on financial performance for the quarter and year ended March 31, 2026

Company Update24 Apr 2026

Intimation regarding execution of MOU for Sale of Asset

Company Update20 Apr 2026

Audio recording of the Earnings Conference Call for the year ended March 31, 2026

Company Update18 Apr 2026

Newspaper Publication of Financial Results for the quarter and year ended March 31, 2026

Company Update17 Apr 2026

Investor Presentation

Company Update17 Apr 2026

Press Release/Media Release

Result17 Apr 2026

Financial Results (Consolidated & Standalone) for the year ended March 31, 2026 and recommendation of Final Dividend

Corp. Action17 Apr 2026

The Board of Directors recommended a Final Dividend of Rs. 16/- per equity share i.e., 320% on the face value of Rs. 5/- per equity share, for the Financial Year ended March 31, 2026, subject ....

Board Meeting17 Apr 2026

Outcome of Board Meeting held today - April 17, 2026 for approval of Annual Financial Results of FY 2025-2026 and recommendation of Final Dividend.

Company Update15 Apr 2026

Intimation of Schedule of Analyst/Institutional Investor Meetings (Non-Deal Roadshow)

Board Meeting08 Apr 2026

Mastek Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/04/2026 ,inter alia, to consider and approve 1. Standalone and Consolidated (including ....

Company Update06 Apr 2026

Certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018 for the quarter ended March 31, 2026.

Company Update31 Mar 2026

Intimation of Grant of Options to identified employees under Employee Stock Option Plans

Company Update30 Mar 2026

Intimation of Schedule of Analyst / Institutional Investor Meet.

Insider Trading / SAST25 Mar 2026

Intimation of closure of Trading window in connection with declaration of Financial Results of the Company for the year ending March 31, 2026.

Company Update18 Mar 2026

Intimation of Schedule of Analyst / Institutional Investor Meets

Company Update17 Mar 2026

Press Release titled "Mastek secures initial GBP 15million contract with the Financial Conduct Authority to strengthen its digital delivery capability".

Company Update17 Mar 2026

Intimation of Schedule of Analyst / Institutional Investor Meets

Company Update16 Mar 2026

Intimation of Schedule of Analyst / Institutional Investor Meets

Company Update06 Mar 2026

Re-affirmation of Credit Rating

Company Update05 Mar 2026

Mastek Secures GBP 85m Framework Engineering Contract with UK Home Office''s Migration & Borders Technology Portfolio to Scale the ATLAS Platform.

Company Update05 Mar 2026

Allotment of 5,966 equity shares of the company.

Company Update04 Mar 2026

Intimation of Schedule of Analyst / Institutional Investor Meet

Company Update02 Mar 2026

Intimation of Schedule of Analyst / Institutional Investor Meet

Company Update27 Feb 2026

Press release titled, "Mastek Secures 5 Year GBP 49m Home Office Biometrics Application Development & Environmental Service (HADES) 2026 with UK''s Home Office''s Biometrics Portfolio"

Company Update25 Feb 2026

Mastek (UK) Limited Recognized by EcoVadis for Sustainability Excellence

Company Update23 Feb 2026

Intimation of Schedule of Analyst / Institutional Investor Meet

Company Update21 Feb 2026

Intimation of Reschedule of Analyst / Institutional Investor Meet

Company Update20 Feb 2026

Intimation of Schedule of Analyst / Institutional Investor Meet

Company Update11 Feb 2026

Mastek Expands Leeds Office, Strengthening AI-Led Innovation and Long-Term Commitment to the UK

Company Update28 Jan 2026

Transcript of the Earnings Conference Call held on the financial performance for the quarter and nine months ended December 31, 2025

Company Update22 Jan 2026

Newspaper Publication of UFR for the quarter ended December 31, 2025

Corp. Action21 Jan 2026

The Record date to ascertain eligibility of shareholders for payment of Interim Dividend for FY 2025-25 is Friday, January 30, 2026.

Corp. Action21 Jan 2026

The Board of Directors has declared an Interim Dividend of Rs.8/- (i.e 160%) per Equity share of the Face value of Rs 5 each, for the FY 2025-26.

Result21 Jan 2026

Unaudited Financial Results for the quarter and nine months ended December 31, 2025.

Annual Reports

14

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Credit Ratings

6
icraRating update
28 Feb 2025Report
icraRating update
05 Feb 2024Report
icraRating update
02 Mar 2023Report
icraRating update
01 Dec 2020Report
icraRating update
21 Apr 2020Report
icraRating update

Concalls

47

Apr 2026

30 Apr 2026

Jan 2026

31 Jan 2026

Jan 2026

31 Jan 2026

Oct 2025

31 Oct 2025

Oct 2025

31 Oct 2025

Jul 2025

31 Jul 2025

Apr 2025

30 Apr 2025

Jan 2025

31 Jan 2025

Oct 2024

31 Oct 2024

Jul 2024

31 Jul 2024

Jul 2024

31 Jul 2024

May 2024

31 May 2024

Jan 2024

31 Jan 2024

Oct 2023

31 Oct 2023

Jul 2023

31 Jul 2023

Apr 2023

30 Apr 2023

Jan 2023

31 Jan 2023

Nov 2022

30 Nov 2022

Jul 2022

31 Jul 2022

Apr 2022

30 Apr 2022

Feb 2022

28 Feb 2022

Nov 2021

30 Nov 2021

Jul 2021

31 Jul 2021

Jul 2021

31 Jul 2021

May 2021

31 May 2021

Apr 2021

30 Apr 2021

Mar 2021

31 Mar 2021

Feb 2021

28 Feb 2021

Feb 2021

28 Feb 2021

Dec 2020

31 Dec 2020

Nov 2020

30 Nov 2020

Aug 2020

31 Aug 2020

Jul 2020

31 Jul 2020

Jun 2020

30 Jun 2020

Jun 2020

30 Jun 2020

Mar 2020

31 Mar 2020

Feb 2020

29 Feb 2020

Oct 2019

31 Oct 2019

Mar 2019

31 Mar 2019

Jan 2019

31 Jan 2019

Sep 2018

30 Sept 2018

Jan 2018

31 Jan 2018

Jan 2017

31 Jan 2017

Oct 2016

31 Oct 2016

Jul 2016

31 Jul 2016

Jan 2016

31 Jan 2016

Oct 2015

31 Oct 2015

Held by ETFs

3 ETFs hold MASTEK · sorted by weight

#ETFWeight %
1

BSE500IETF

ICICIPRAMC - ICICI500

0.01%
2

AONETOTAL

AONEAMC - AONETOTAL

0.01%
3

HDFCBSE500

HDFCAMC - HDFCBSE500

0.01%

Held by Mutual Funds

1 schemes hold MASTEK · sorted by weight

#SchemeWeight %
1

HDFC Small Cap Fund

HDFC Mutual Fund

0.53%