Mastek

Mastek

2,158.00
+58.40
(2.78%)
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Key Fundamentals
Add Ratio
Market Cap
6,684.30 Cr
EPS
121.78
PE Ratio
18.30
Dividend Yield
1.06 %
52 Week High
3,375.00
52 Week Low
1,887.00
PB Ratio
2.50
Debt to Equity
0.24
Analyst Rating and Forecast
- By Refinitiv from5 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+80.00 %
+80.00 %
Hold
Hold+20.00 %
+20.00 %
Sell
Sell0.0 %
0.0 %
Forecast For
Actual

Company News

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Caret
positive
Mastek has been recognized with the Best Enterprise-Wide AI Transformation (Mid-sized Co.) award at The Economic Times Making AI Work Awards 2025. The company implemented its ADOPT AI framework across core operations, equipping over 3,600 employees with AI skills. Mastek's AI initiatives include platforms like AI Amigo and ITSM Agents, delivering up to 30% efficiency gains in software delivery and 20% faster requirement-to-deployment cycles. Resolution.AI reduced incident resolution time from 8 hours to 4 hours, while Response.AI ensures 100% SLA compliance. Over 60% of internal workflows including recruitment, sales, and IT operations are now AI-enabled through tools such as SalesCopilot, TalentGenius, and PolicyHelper. CEO Umang Nahata stated that AI is something the company lives by, emphasizing their Lead with AI approach to make AI purposeful, responsible, ethical, and outcome-driven.
positive
Mastek announced a strategic partnership with KarbonWise, an AI-powered sustainability solutions provider, to accelerate their sustainability and ESG vision. The collaboration will embed enhanced carbon accounting capabilities and life-cycle emissions assessments, focusing on Scope 3 emissions across the value chain to identify carbon-intensive hotspots and progress toward net zero. Mastek will leverage KarbonWise's AI-driven platform and advisory services to translate sustainability commitments into verifiable action, including responsible ESG disclosures and embedding sustainability practices across clients, partners, and internal operations. KarbonWise brings expertise in carbon management, life-cycle analysis, and ESG reporting, with its platform integrating Life Cycle Assessments and Product Carbon Footprints. The partnership enables enterprises to unlock sustainability opportunities within their value chains using AI-enabled insights to improve agility, reduce carbon intensity, and achieve measurable ESG outcomes.
positive
Mastek has secured over 25 new deals and reported a 13% year-over-year increase in backlog. The company is experiencing expanding momentum in the UK and Europe markets. Mastek projects sustainable growth driven by artificial intelligence initiatives and expects margin expansion through improved delivery efficiencies and GenAI transformation capabilities.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
3,025.20
#1 10,94,543.80
22.03
#1 2,59,286.00
5.70
#1 48,797
1.47
50.17
1,513.50
6,28,767.30
22.35
1,66,590.00
5.18
26,750
13.18
56.39
1,540.50
4,18,040.10
24.62
1,19,540.00
7.30
17,399
-0.02
59.61
239.84
2,51,440.70
#1 18.55
92,911.80
0.79
13,218
1.11
44.83
5,643.00
1,67,268.00
34.46
38,997.80
7.67
4,602
10.35
57.65
1,397.80
1,36,923.20
30.68
53,843.70
1.76
4,253
-4.44
36.74
5,864.50
91,720.80
55.57
12,076.90
21.38
1,400
45.08
60.57
1,757.60
58,798.10
43.76
12,215.40
#1 34.91
964
#1 82.18
51.63
2,776.20
52,820.50
29.61
14,485.00
7.33
1,702
10.82
48.51
673.35
40,995.80
29.33
9,952.20
-17.40
1,062
23.42
38.09
Growth Rate
Revenue Growth
13.24 %
Net Income Growth
20.87 %
Cash Flow Change
-6.00 %
ROE
2.48 %
ROCE
3.25 %
EBITDA Margin (Avg.)
-4.33 %

Quarterly Financial Results

Quarterly Financials
Mar 2015
Jun 2015
Sept 2015
Dec 2015
Mar 2016
Jun 2016
Sept 2016
Dec 2016
Mar 2017
Jun 2017
Sept 2017
Dec 2017
Mar 2018
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
274
139
136
141
128
133
128
128
184
188
204
215
231
247
266
271
275
253
253
253
354
403
414
447
486
521
542
558
600
596
658
665
709
728
770
788
785
817
884
883
909
925
956
Expenses
263
123
128
138
124
123
114
112
166
163
175
184
196
213
226
231
232
215
215
215
296
318
323
339
377
404
421
436
461
461
518
545
584
598
647
651
655
689
724
729
775
777
795
EBITDA
11
16
8
3
4
10
14
16
18
25
29
32
35
34
40
40
43
38
38
39
58
85
91
108
109
118
121
122
139
135
140
120
125
129
124
137
131
128
160
154
134
148
161
Operating Profit %
4 %
8 %
2 %
-0 %
1 %
5 %
9 %
11 %
7 %
12 %
12 %
12 %
12 %
13 %
12 %
13 %
13 %
13 %
12 %
12 %
12 %
18 %
21 %
23 %
22 %
22 %
21 %
21 %
21 %
19 %
17 %
17 %
18 %
18 %
16 %
17 %
16 %
15 %
17 %
16 %
14 %
15 %
15 %
Depreciation
11
6
4
3
3
3
3
3
5
5
5
5
4
4
5
4
4
6
6
6
8
11
12
12
10
10
10
11
12
11
17
20
20
20
21
22
28
20
20
17
19
18
18
Interest
1
0
0
0
0
0
0
2
2
1
1
2
2
1
2
1
1
1
1
1
1
3
2
2
2
2
2
2
3
2
5
8
9
9
13
13
9
9
11
12
10
9
9
Profit Before Tax
3
11
5
0
1
7
10
11
11
0
23
25
30
29
33
34
37
32
31
32
49
71
77
94
97
106
108
110
124
122
117
92
96
100
90
102
94
99
129
126
106
121
134
Tax
-4
6
3
-1
-5
4
3
-1
1
-15
5
7
10
6
8
8
10
7
7
6
10
24
18
24
22
26
27
26
36
38
31
25
24
27
25
24
-1
27
0
31
25
29
37
Net Profit
6
4
3
1
6
2
7
12
11
15
18
18
19
23
25
27
27
24
25
26
39
47
59
70
76
80
82
83
88
84
86
67
73
74
65
78
94
72
129
95
81
92
97
EPS in ₹
2.87
1.91
1.16
0.35
2.55
1.02
3.17
5.17
4.57
6.27
7.45
7.82
8.19
9.47
10.55
11.12
11.47
10.10
10.26
10.79
14.03
16.62
20.81
23.22
24.14
27.43
27.78
24.81
26.74
25.70
26.31
21.34
23.89
22.95
20.52
24.57
29.94
23.18
41.69
30.68
26.24
29.75
31.48

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
832
428
530
840
987
1,902
2,296
2,488
3,141
3,685
3,862
Fixed Assets
279
66
132
179
167
857
807
841
1,740
1,950
1,818
Current Assets
472
277
316
428
484
865
1,365
1,515
1,240
1,544
1,826
Capital Work in Progress
1
0
0
2
1
2
2
4
7
1
2
Investments
51
31
270
284
396
276
234
26
69
94
178
Other Assets
500
331
127
375
422
768
1,253
1,617
1,325
1,640
1,864
Total Liabilities
832
428
530
840
987
1,902
2,296
2,488
3,141
3,685
3,862
Current Liabilities
189
103
105
189
169
478
732
852
736
1,090
939
Non Current Liabilities
47
6
76
101
102
497
523
415
631
507
461
Total Equity
596
319
349
549
716
928
1,041
1,222
1,775
2,087
2,462
Reserve & Surplus
585
308
337
537
704
778
846
1,056
1,668
2,072
2,447
Share Capital
11
12
12
12
12
12
13
15
15
15
16

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
53
-57
-20
40
5
127
387
119
-519
174
80
Investing Activities
-28
-84
-127
-18
-54
-262
218
-26
-719
-249
-259
Operating Activities
59
32
43
65
75
185
287
274
108
420
395
Financing Activities
22
-4
65
-7
-16
205
-118
-129
93
2
-57

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
44.32 %
44.25 %
37.75 %
37.59 %
37.30 %
37.31 %
37.28 %
37.27 %
36.75 %
36.57 %
36.50 %
36.47 %
36.26 %
36.25 %
36.23 %
36.22 %
35.97 %
35.95 %
35.79 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
13.93 %
0.00 %
14.40 %
14.04 %
8.13 %
9.39 %
10.01 %
11.04 %
11.24 %
DIIs
5.19 %
4.08 %
3.05 %
2.55 %
1.75 %
0.82 %
0.32 %
3.90 %
4.80 %
5.86 %
5.99 %
1.87 %
7.06 %
7.11 %
10.41 %
9.28 %
9.85 %
10.52 %
11.53 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
30.91 %
33.02 %
44.23 %
44.48 %
43.46 %
43.24 %
34.77 %
34.48 %
33.68 %
32.63 %
31.47 %
30.79 %
30.30 %
30.82 %
31.88 %
32.46 %
22.51 %
21.77 %
21.93 %
Others
19.58 %
18.65 %
14.97 %
15.38 %
17.49 %
18.63 %
27.63 %
24.35 %
24.77 %
24.93 %
12.11 %
30.88 %
11.97 %
11.78 %
13.34 %
12.64 %
21.67 %
20.72 %
19.52 %
No of Share Holders
43,827
58,706
89,177
1,09,992
1,04,376
1,06,180
1,10,445
1,07,613
1,05,043
1,05,471
94,078
90,284
84,949
91,456
88,676
1,06,608
1,03,798
98,013
1,00,780

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 1 6 8.5 8 14.5 19 19 19 23
Dividend Yield (%) 0.00 0.19 1.35 4.48 0.66 0.44 1.25 0.75 0.87 1.1

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
25 Sept 2021 DIVIDEND Dividend
₹ 9.00 /share
23 Sept 2021 1,523.40 3,136.45
01 Feb 2022 DIVIDEND Dividend
₹ 7.00 /share
31 Jan 2022 3,218.85 2,698.55
12 Sept 2022 DIVIDEND Dividend
₹ 12.00 /share
08 Sept 2022 2,808.35 1,888.80
01 Feb 2023 DIVIDEND Dividend
₹ 7.00 /share
01 Feb 2023 1,730.10 1,635.50
20 Sept 2023 DIVIDEND Dividend
₹ 12.00 /share
18 Sept 2023 1,603.15 2,360.25
27 Jan 2024 DIVIDEND Dividend
₹ 7.00 /share
25 Jan 2024 2,928.25 2,750.65
18 Sept 2024 DIVIDEND Dividend
₹ 12.00 /share
17 Sept 2024 2,737.75 2,735.60
20 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
20 Sept 2024 3,000.30 2,645.60
18 Oct 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
18 Oct 2024 2,628.75 2,986.00
16 Jan 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
16 Jan 2025 3,063.90 2,732.90
24 Jan 2025 DIVIDEND Dividend
₹ 7.00 /share
24 Jan 2025 2,732.90 2,707.95
18 Apr 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
18 Apr 2025 2,096.20 2,329.60
18 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
18 Jul 2025 2,577.25 2,539.45
12 Sept 2025 DIVIDEND Dividend
₹ 16.00 /share
12 Sept 2025 2,329.60 2,510.10
23 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
23 Sept 2025 2,430.95 2,348.00
16 Oct 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
16 Oct 2025 2,134.15 2,127.90

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation3 days ago
Announcement under Regulation 30 (LODR)-Press Release / Media Release6 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation9 days ago
Announcement under Regulation 30 (LODR)-Press Release / Media Release10 days ago
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptOct 24, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeOct 17, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 17, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationOct 16, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 16, 2025
Unaudited Financial Results (Consolidated And Standalone) For The Quarter And Half-Year Ended September 30 2025Oct 16, 2025
Board Meeting Outcome for Outcome Of The Board Meeting Held Today - October 16 2025Oct 16, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 14, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 14, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 13, 2025
Earning Conference Call On The Unaudited Financial Results For The Second Quarter And Half-Year Ended September 30 2025Oct 10, 2025
Board Meeting Intimation for Approval Of Unaudited Financial Results For The Second Quarter And Half-Year Ended September 30 2025Oct 09, 2025
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSOct 08, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 03, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 29, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 29, 2025
Disclosures under Reg. 10(7) of SEBI (SAST) Regulations 2011Sep 27, 2025
Closure of Trading WindowSep 26, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 25, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementSep 24, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 23, 2025
Gist Of Proceedings Of The 43Rd Annual General Meeting Of The Company Held On September 23 2025Sep 23, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Sep 23, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Sep 23, 2025
Disclosures under Reg. 10(6) of SEBI (SAST) Regulations 2011Sep 23, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 19, 2025
Resignation Of Statutory Auditor Of Material SubsidiarySep 18, 2025
Resignation Of Statutory Auditor Of Material SubsidiarySep 18, 2025
Increase In Volume - ClarificationSep 18, 2025
Clarification sought from Mastek LtdSep 18, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 16, 2025
Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations 2011Sep 15, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 05, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 05, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 03, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 02, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 30, 2025
Letter Being Sent To Shareholders With Weblink Of The Annual ReportAug 29, 2025
Announcement under Regulation 30 (LODR)-Change in Management ControlAug 29, 2025
Business Responsibility and Sustainability Reporting (BRSR)Aug 29, 2025
Record Date For The Payment Of Final Dividend For The Financial Year 2024- 25Aug 29, 2025
Reg. 34 (1) Annual Report.Aug 29, 2025
Notice Convening 43Rd Annual General Meeting ("AGM")Aug 29, 2025
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSAug 24, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 31, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 29, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Tata Digital India Fund Direct-Growth
0.00%
-680894
-1.33%
-1.17%
Bandhan Small Cap Fund Direct-Growth
0.00%
-242251
-0.34%
-0.32%
ICICI Prudential Technology Direct Plan-Growth
0.00%
-232734
-0.35%
-0.38%
Bandhan Large & Mid Cap Fund Direct-Growth
0.00%
-151425
-0.31%
-0.36%
Tata Multicap Fund Direct - Growth
0.00%
-92139
-0.65%
-0.52%
ICICI Prudential Multicap Fund Direct Plan-Growth
0.00%
-84674
-0.12%
-0.13%
Motilal Oswal Digital India Fund Direct-Growth
2.01%
84351
2.01%
2.01%
Tata Retirement Savings Fund Progressive Plan Direct-Growth
0.00%
-71861
-0.77%
-0.85%
WhiteOak Capital Flexi Cap Fund Direct - Growth
0.00%
-69640
-0.25%
-0.24%
Tata Retirement Savings Fund Moderate Plan Direct-Growth
0.00%
-63828
-0.66%
-0.73%
WhiteOak Capital Special Opportunities Fund Direct - Growth
0.00%
-43356
-0.80%
-1.03%
WhiteOak Capital Multi Cap Fund Direct - Growth
0.00%
-39992
-0.36%
-0.36%
WhiteOak Capital Digital Bharat Fund Direct-Growth
0.00%
-31841
-1.90%
-1.93%
ICICI Prudential Retirement Fund - Pure Equity Plan Direct - Growth
0.00%
-26288
-0.41%
-0.48%
LIC MF Small Cap Fund Direct - Growth
0.00%
-24509
-0.85%
0.00%
LIC MF Value Fund Direct - Growth
0.00%
-12360
-1.39%
0.00%
DSP Nifty Smallcap250 Quality 50 Index Fund Direct - Growth
0.00%
-8770
-0.70%
-0.76%
WhiteOak Capital ELSS Tax Saver Fund Direct - Growth
0.00%
-7861
-0.42%
-0.47%
WhiteOak Capital Balanced Hybrid Fund Direct - Growth
0.00%
-1614
-0.16%
-0.18%
Tata Retirement Savings Fund Conservative Plan Direct-Growth
0.00%
-1595
-0.20%
-0.22%
Motilal Oswal Nifty Microcap 250 Index Fund Direct - Growth
0.42%
585
-0.02%
0.42%
Groww Nifty Total Market Index Fund Direct - Growth
0.00%
-250
-0.02%
-0.02%
Navi Nifty Smallcap250 Momentum Quality 100 Index Fund Direct - Growth
0.00%
-236
-0.23%
-0.26%
HDFC BSE 500 Index Fund Direct - Growth
0.00%
-203
-0.02%
-0.02%
Mirae Asset Nifty Total Market Index Fund Direct-Growth
0.00%
-34
-0.02%
-0.02%

Technical Indicators

RSI(14)
Neutral
41.24
ATR(14)
Less Volatile
62.25
STOCH(9,6)
Neutral
45.69
STOCH RSI(14)
Neutral
67.02
MACD(12,26)
Bullish
7.69
ADX(14)
Weak Trend
14.34
UO(9)
Bearish
49.85
ROC(12)
Uptrend And Accelerating
3.03
WillR(14)
Neutral
-63.65

About Mastek

Mastek Limited is a digital engineering and cloud transformation company founded in 1982. It provides enterprise technology solutions across various sectors including healthcare, retail, manufacturing, financial services, and government. The company operates in the US, Europe, Japan, and Asia Pacific, offering services such as application development and maintenance, business intelligence, data warehousing, testing, and legacy modernization. Mastek specializes in digital and application engineering, Oracle cloud and enterprise apps, digital commerce, and data automation with AI. Its GenAI portfolio, iConniX, offers AI assets and platforms for industry-specific use cases. In 2020, Mastek acquired Evolutionary Systems Private Limited, expanding its Oracle Cloud implementation capabilities. The company has also expanded into Canada and opened an office in Romania to strengthen its European presence. In 2022, Mastek acquired MST Solutions, a Salesforce consulting firm, and launched an Innovation Hub in Arizona.
Chairperson NameAshank Desai