MASTEKInformation Technology

Mastek Limited

Computers - Software & Consulting · ISIN INE759A01021 · BSE 523704 · NSE EQ · FV ₹5
Last price
₹1,630
-0.18%today
What this company does

Mastek Limited operates in Computers - Software & Consulting, part of the Information Technology sector. It booked ₹985 cr of revenue in its latest quarter (Q1 FY27) and kept 10.7% of sales as profit.

Our Presence Mastek’s footprint spans continents, powering business transformation for clients across industries and geographies. With offices strategically located across the Americas, Europe, the Middle East, and Asia-Pacific, we bring our expertise closer to our customers, ensuring agility, relevance, and impact as we lead with AI.
Their stated vision

to deliver sustainable, value- by our enabling pillars, which reflect the essence of our tagline: Help our clients save lives, protect Deliver AI-led sustainable outcomes for driven growth empowered by our people, culture, and values.

In the report:
71out of 100
Equitytale Health Score
Solid

Healthier than 71% of companies in Information Technology, on all six measures of filed financials. Each measure is ranked against the 42–123 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
43

At close. Not part of the score.

Profitability & returns57

How much profit it earns on the money it employs

Balance sheet54

How much it owes, and whether earnings cover the interest

Cash quality86

Whether reported profit actually arrives as cash

Growth & consistency64

Whether sales and profit have grown, and how steadily

Valuation98

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Looks broadly healthySlightly cheap vs. 3 models
Strengths
Makes a profit
Sales up 8% vs last year
Profit up 15% vs last year
No promoter shares pledged
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in MASTEK?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,630 -0.18%
latest close · 2026-09-17
1-year return
-36.9%
52-wk low ₹1,59452-wk high ₹3,669
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio11.9Low
LowAverageHigh
P/B ratio1.69Moderate
Below bookModerateHigh
EV / EBITDA7.3Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.2%Fair
WeakFairStrong ▸15%
Return on capital17.4%Strong
WeakFairStrong
Net margin10.7%Decent
ThinDecentStrong
EBITDA margin16.6%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.14Comfortable
LowModerateHigh ▸1
Interest cover22.0×Strong
RiskyOkayStrong ▸5×
Current ratio2.16Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹5,053 cr
Book value
₹965
EPS
₹34.16
latest quarter
Net debt
₹-283 cr
more cash than debt
Enterprise value
₹4,770 cr
EBITDA
₹654 cr
annualised
EBIT
₹580 cr
annualised
Operating margin
14.7%
Return on assets
9.8%
Earnings yield
8.38%
P/S
1.28
Sales / share
₹1,271.3
Tax rate
23.5%
Face value
₹5
Shares
3.1 cr
Working capital
₹1,134 cr
Current assets
₹2,114 cr
Current liabilities
₹980 cr
Delivery %
37.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Slightly cheapMedium confidence
Median of 3 models ₹1,962 vs market price ₹1,630 — price is 17% below it
Safety cushion+16.9%(target ≥ +20%)
Models span ₹999₹2,720, midpoint ₹1,962
Model ₹1,962
Price ₹1,630
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹985 cr
Other Income₹12 cr
Total Income₹997 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹533 cr
Finance Costs₹7 cr
Depreciation & Amortisation₹18 cr
Other Expenses₹301 cr
Total Expenses₹859 cr
Profit before Tax₹138 cr
Tax Expense₹33 cr
Net Profit₹106 cr
Net margin on total income10.6%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹533 cr53.4%
Finance costs₹7 cr0.7%
Depreciation & amortisation₹18 cr1.8%
Other expenses₹301 cr30.2%
Tax expense₹33 cr3.3%
Profit for the period₹106 cr10.6%
Total income ₹997 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue906 cr938 cr985 cr
Total income927 cr962 cr997 cr
Expenses785 cr813 cr859 cr
Profit before tax141 cr125 cr138 cr
Tax33 cr19 cr33 cr
Net profit (owners' share)108 cr106 cr106 cr
Net margin (owners' share, on revenue)12.0%11.3%10.7%
EPS (₹)34.9734.2534.16
YoY (latest quarter): total income +7.8% · net profit +15.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹4,309 cr
Shareholder equity
₹2,992 cr
parent shareholders
Total debt
₹421 cr
Cash
₹704 cr
Cash flow · H1 FY26
Operating
₹139 cr
Investing
₹-33 cr
Financing
₹-128 cr
Peer comparison
Computers - Software & Consulting · by market value
CompanyPriceMarket capP/E
Tata Consultancy Services Limited₹2,190₹7.93 L cr14.8
Infosys Limited₹1,059₹4.29 L cr13.8
HCL Technologies Limited₹1,258₹3.42 L cr18.4
Wipro Limited₹166₹1.65 L cr13.0
Tech Mahindra Limited₹1,561₹1.38 L cr23.6
LTM Limited₹4,265₹1.26 L cr21.6
Persistent Systems Limited₹5,473₹86,337 cr44.3
Coforge Limited₹1,793₹79,340 cr36.3
MphasiS Limited₹2,320₹44,284 cr22.6
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.47%
trailing 12 months
Dividend / share (TTM)
₹24
Last dividend
₹16
ex 31 Aug 2026
ActionDetailEx-date
Dividend₹16 / share31 Aug 2026
Dividend₹8 / share30 Jan 2026
Dividend₹16 / share12 Sep 2025
Dividend₹7 / share24 Jan 2025
Dividend₹12 / share17 Sep 2024
Dividend₹7 / share25 Jan 2024
Who owns it · 2026-06-30
No pledge
Promoter
35.8%
FII / Foreign
7.5%
DII / Domestic
19.9%
Retail / others
36.9%
Promoter stake down 0.7% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtHi5 Youth Foundation · Other5.00 L19 Sep 25
SoldSundar Radhakrishnan · Promoters5.00 L19 Sep 25
SoldRakesh Raman · Employees/Designated Employees50,000 · ₹12.2 cr17 Sep 25
Bulk / block deals
short · NSE43 Sep 26
BoughtMICROCURVES TRADING PRIVATE LIMITED · NSE2.64 L @ ₹1,839.7828 Aug 26
SoldMICROCURVES TRADING PRIVATE LIMITED · NSE2.64 L @ ₹1,841.5728 Aug 26
Stake changes
BoughtHDFC Mutual Fund→ 5.06% · 86,74615 Jul 26
BoughtHDFC Mutual Fund→ 5.06% · 86,74615 Jul 26
SoldMr. Sundar Radhakrishnan · promoter→ 2.60% · 5.00 L19 Sep 25
Promoter pledges
ReleasedStandard Chartered Bank9.06 L · 3.70% held29 Jul 20
ReleasedHDFC Bank Limited3.71 L · 1.59% held4 Jan 17
PledgedHDS3.71 L · 0.00% held22 Jul 16
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 7 Sep 2026
See the official result
1
Adoption of Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, including the Audited Balance Sheet as of March 31, 2026, the Statement of Profit and Loss, the Cash Flow Statement of the Company for the year ended on that date and notes related thereto together with the Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
76.63 L votes for, 2,133 against · 0% of mutual funds and other big investors said no
2
Confirmation of the payment on Interim Dividend of Rs. 8.00 per equity share and declaration of Final Dividend of Rs. 16.00 per equity share for Financial Year 2025-26.
Backed by 100% of shareholders other than promotersneeded 50%
76.68 L votes for, 3,524 against · 0% of mutual funds and other big investors said no
3
Re-appointment of Mr. Umang Nahata (DIN: 00323145), as a Director liable to retire by rotation.
Backed by 96% of shareholders other than promotersneeded 50%
73.62 L votes for, 3.09 L against · 4% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 14 named members
owning 35.8% between them · as of 2026-06-30
ASHANK DATTA DESAI10.95%
KETAN MEHTA7.14%
GIRIJA RAM5.66%
RAM FAMILY TRUST I (through Trustee-sole beneficiary Mrs. Girija Ram)3.22%
SUNDAR RADHAKRISHNAN2.60%
HI5 YOUTH FOUNDATION1.61%
RUPA KETAN MEHTA1.55%
USHA SUNDAR1.37%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.