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MASTEK

MASTEK - Mastek Limited Share Price

IT - Software

2213.70-0.80(-0.04%)
Market Closed as of Nov 28, 2025, 15:30 IST

Valuation

Market Cap7.13 kCr
Price/Earnings (Trailing)19.48
Price/Sales (Trailing)1.94
EV/EBITDA12.03
Price/Free Cashflow17.94
MarketCap/EBT14.66
Enterprise Value7.18 kCr

Fundamentals

Revenue (TTM)3.67 kCr
Rev. Growth (Yr)9.5%
Earnings (TTM)365.28 Cr
Earnings Growth (Yr)-24.3%

Profitability

Operating Margin13%
EBT Margin13%
Return on Equity13.65%
Return on Assets9.06%
Free Cashflow Yield5.57%

Price to Sales Ratio

Latest reported: 1.9

Revenue (Last 12 mths)

Latest reported: 3.7 kCr

Net Income (Last 12 mths)

Latest reported: 365.3 Cr

Growth & Returns

Price Change 1W2%
Price Change 1M12.9%
Price Change 6M-1.4%
Price Change 1Y-27%
3Y Cumulative Return14.4%
5Y Cumulative Return18.2%
7Y Cumulative Return27%
10Y Cumulative Return30.4%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)-275.34 Cr
Cash Flow from Operations (TTM)395.13 Cr
Cash Flow from Financing (TTM)-56.85 Cr
Cash & Equivalents471.49 Cr
Free Cash Flow (TTM)375.01 Cr
Free Cash Flow/Share (TTM)121.18

Balance Sheet

Total Assets4.03 kCr
Total Liabilities1.36 kCr
Shareholder Equity2.68 kCr
Current Assets1.96 kCr
Current Liabilities989.79 Cr
Net PPE74.4 Cr
Inventory0.00
Goodwill1.68 kCr

Capital Structure & Leverage

Debt Ratio0.13
Debt/Equity0.19
Interest Coverage11.51
Interest/Cashflow Ops10.55

Dividend & Shareholder Returns

Dividend/Share (TTM)23
Dividend Yield1%
Shares Dilution (1Y)0.30%
Shares Dilution (3Y)3%
Pros

Past Returns: In past three years, the stock has provided 14.4% return compared to 12.1% by NIFTY 50.

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Size: Market Cap wise it is among the top 20% companies of india.

Profitability: Recent profitability of 10% is a good sign.

Balance Sheet: Strong Balance Sheet.

Growth: Good revenue growth. With 53.8% growth over past three years, the company is going strong.

Cons

No major cons observed.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Dividend Yield1%
Dividend/Share (TTM)23
Shares Dilution (1Y)0.30%
Earnings/Share (TTM)118.15

Financial Health

Current Ratio1.98
Debt/Equity0.19

Technical Indicators

RSI (14d)62.94
RSI (5d)62.36
RSI (21d)56.98
MACD SignalBuy
Stochastic Oscillator SignalHold
Grufity SignalBuy
RSI SignalHold
RSI5 SignalHold
RSI21 SignalHold
SMA 5 SignalBuy
SMA 10 SignalBuy
SMA 20 SignalBuy
SMA 50 SignalBuy
SMA 100 SignalBuy

Summary of Latest Earnings Report from Mastek

Summary of Mastek's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Last updated:

Management's outlook for Mastek Limited highlights a stable performance despite geopolitical and macroeconomic uncertainties. For Q2 FY'26, operational revenue reached INR 940 crores, marking an 8.4% year-on-year increase. Operational EBITDA rose to INR 145.5 crores, resulting in a margin of 15.5%, an improvement of 50 basis points from the prior quarter. Net profit stood at INR 97.4 crores, up 6% quarter-on-quarter but down 24% year-on-year due to an exceptional gain in the previous year. On a normalized basis, profit grew by 14% year-on-year.

Major forward-looking points provided by management include:

  1. Order Backlog: The 12-month order backlog is approximately $280 million, up 6.8% year-on-year, driven by strong deal conversions, particularly within the U.K.

  2. Geographical Focus: Management emphasizes a diversified geographical strategy, with continued strong growth in the U.K., especially in healthcare and secured government services, as well as ongoing efforts to enhance the North American market under new leadership.

  3. AI Initiatives: AI is a core strategic focus, aiming to drive efficiency and modernization across client operations. Management anticipates a significant transformation in AI-led solutions over the next fiscal year, moving from AI for tech to AI for business.

  4. Operational Efficiency: Improvements in Days Sales Outstanding (DSO) have been noted, reducing to 80 days from 95 days year-on-year. There is a commitment to maintaining a robust balance sheet, with cash and cash equivalents increasing to INR 656 crores.

  5. Growth Outlook: Management projects positive results in H2 FY'26, contingent upon navigating macro uncertainties and successfully capitalizing on AI-led demand across various sectors.

Overall, Mastek's strategy remains focused on execution and growth, emphasizing sustainable profitability while enhancing service delivery through advanced AI capabilities.

Last updated:

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Revenue Breakdown

Analysis of Mastek's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Last Updated: Jun 30, 2025

DescriptionShareValue
UK & Europe operations63.8%583.2 Cr
North America operations23.1%211.3 Cr
AMEA13.1%120.2 Cr
Total914.7 Cr

Share Holdings

Understand Mastek ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
ASHANK DESAI10.96%
KETAN MEHTA7.15%
GIRIJA RAM5.66%
UMANG TEJKARAN NAHATA5.49%
UMMED SINGH NAHATA3.55%
RAKESH RAMAN3.4%
RAM FAMILY TRUST I (through Trustee-sole beneficiary Mrs. Girija Ram)3.23%
TATA DIGITAL INDIA FUND2.94%
SUNDAR RADHAKRISHNAN2.6%
HI5 YOUTH FOUNDATION1.61%
RUPA KETAN MEHTA1.55%
ABAKKUS GROWTH FUND-11.44%
ABAKKUS EMERGING OPPORTUNITIES FUND-11.41%
USHA SUNDAR1.37%
BANDHAN LARGE & MID CAP FUND1.25%
STATE OF WISCONSIN INVESTMENT BOARD - ALLIANCE BER1.14%
PADMA DESAI0.76%
SAMVITHA SUDHAKAR RAM0.33%
VARUN SUNDAR0.21%
CHINMAY ASHANK DESAI0.19%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is Mastek Better than it's peers?

Detailed comparison of Mastek against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker
Name
Mkt Cap
Revenue
Price %, 1M
Returns, 1Y
P/E
P/S
Rev 1-Yr
Inc 1-Yr
INFYInfosys6.4 LCr1.74 LCr+5.50%-15.50%22.713.69--
HCLTECHHCL Tech4.51 LCr1.24 LCr+11.20%-8.70%26.543.63--
LTIMLTIMindtree1.77 LCr40.82 kCr+6.70%+1.50%36.334.34--
TECHMTech Mahindra1.4 LCr54.46 kCr-0.70%-15.60%28.332.58--
PERSISTENTPersistent Systems98.78 kCr13.39 kCr+8.10%+10.60%58.677.38--

Sector Comparison: MASTEK vs IT - Software

Comprehensive comparison against sector averages

Comparative Metrics

MASTEK metrics compared to IT

CategoryMASTEKIT
PE19.4824.42
PS1.943.77
Growth12.5 %5.4 %
0% metrics above sector average

Performance Comparison

MASTEK vs IT (2021 - 2025)

MASTEK is underperforming relative to the broader IT sector and has declined by 33.9% compared to the previous year.

Key Insights
  • 1. MASTEK is NOT among the Top 10 largest companies in Computers - Software & Consulting.
  • 2. The company holds a market share of 0.4% in Computers - Software & Consulting.
  • 3. In last one year, the company has had an above average growth that other Computers - Software & Consulting companies.

Income Statement for Mastek

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

Balance Sheet for Mastek

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

Cash Flow for Mastek

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

What does Mastek Limited do?

Mastek Limited, together with its subsidiaries, engages in the provision of enterprise technology solutions in India, the United Kingdom, Europe, North America, Middle East region, South-east Asia, India, Singapore, Australia, and internationally. The company offers digital and application engineering, including platform engineering, cloud engineering and migration, enterprise integration, microservices, low code, quality engineering, IPaaS, DevSecOps, and API solutions. It also provides oracle cloud and enterprise apps, such as E-business suite, consulting services, analytics cloud and infrastructure, autonomous data warehouse, enterprise resource planning, customer relationship management, supply chain management, human capital management, and industry cloud solutions, as well as Oracle-, Salesforce-, digital-, and commerce-managed services. In addition, the company offers digital commerce and experience solutions comprising commerce, experience platform, search and intelligent recommendation, and modern UI/UX solutions. Further, it provides data, automation, and artificial intelligence solutions, such as data management and governance, data warehousing, reporting, datalakes, cloud data warehouse, data virtualization, analytics/machine learning, and hyper automation, as well as extract, transform and load (ETL) solutions. Additionally, the company offers cloud enhancement, software application development and maintenance, business intelligence, testing and assurance, digital commerce, agile consulting, and legacy modernization services. It serves government, public sector, healthcare, life science, retail, consumer, manufacturing and technology, financial services, higher education, construction and engineering, hospitality, transportation and logistics, high tech, and media and entertainment industries. Mastek Limited was incorporated in 1982 and is based in Mumbai, India.

Industry Group:IT - Software
Employees:1,315
Website:www.mastek.com