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Mastek Ltd

Mastek Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mastek Ltd

₹ 2,065 1.33%
21 Oct - close price
mastek.com BSE: 523704 NSE: MASTEK
About

Established in 1982, Mastek is a provider of vertically-focused enterprise technology solutions. Having its presence in IT industry for almost 4 decades, Mastek Ltd has evolved from an IT solutions provider to Digital transformation partner.[1]

Key Points

Services Offered
The company’s offerings include business and technology services such as Application Development, Application Maintenance, Business Intelligence and Data Warehousing, Testing & Assurance, and Legacy Modernisation. [1]

Website BSE NSE
  • Market Cap ₹ 6,398 Cr.
  • Current Price ₹ 2,065
  • High / Low ₹ 3,375 / 1,883
  • Stock P/E 35.0
  • Book Value ₹ 260
  • Dividend Yield 1.11 %
  • ROCE 15.5 %
  • ROE 13.5 %
  • Face Value ₹ 5.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 33.5% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 50.6%

Cons

  • Stock is trading at 7.93 times its book value
  • Tax rate seems low
  • Company has a low return on equity of 13.7% over last 3 years.
  • Debtor days have increased from 54.4 to 66.6 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Information Technology Information Technology IT - Software Computers - Software & Consulting

Part of BSE 500 BSE Information Technology BSE SmallCap BSE Allcap BSE 250 SmallCap Index

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
73 81 89 97 107 113 117 227 245 120 234 229 218
71 62 73 85 90 94 96 184 203 101 194 190 187
Operating Profit 2 20 16 12 17 19 21 43 42 19 40 39 32
OPM % 3% 24% 18% 12% 16% 17% 18% 19% 17% 16% 17% 17% 15%
72 13 49 2 38 8 23 4 60 -18 -8 26 58
Interest 0 0 0 0 0 0 1 2 2 1 0 0 0
Depreciation 4 3 3 3 3 3 4 8 8 2 7 7 6
Profit before tax 70 30 62 11 52 24 40 38 93 -2 24 57 84
Tax % 13% 36% 16% -47% 9% 28% 2% 26% 16% -44% 42% 27% 10%
61 19 52 16 48 18 39 28 78 -1 14 42 75
EPS in Rs 20.31 6.34 17.07 5.23 15.52 5.73 12.67 9.13 25.40 -0.44 4.53 13.54 24.28
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
551 665 379 169 162 189 163 187 257 313 434 486 801
498 588 356 143 147 173 160 170 223 266 365 403 672
Operating Profit 53 77 22 27 16 17 4 17 34 47 69 84 128
OPM % 10% 12% 6% 16% 10% 9% 2% 9% 13% 15% 16% 17% 16%
6 28 13 9 23 35 42 30 75 132 72 73 58
Interest 0 0 0 0 0 0 0 1 1 0 1 4 2
Depreciation 26 27 15 12 11 12 11 11 12 13 14 14 22
Profit before tax 33 78 21 24 27 39 34 36 96 166 127 139 162
Tax % 18% 5% 35% 4% 42% 22% 19% 48% 20% 20% 5% 13%
27 74 13 23 16 31 27 19 77 132 120 121 130
EPS in Rs 12.17 32.99 5.81 9.89 6.64 12.73 11.30 7.48 25.69 43.29 38.97 38.97 41.91
Dividend Payout % 37% 8% 43% 35% 90% 67% 71% 194% 74% 44% 49% 59%
Compounded Sales Growth
10 Years: -3%
5 Years: 24%
3 Years: 24%
TTM: 14%
Compounded Profit Growth
10 Years: 6%
5 Years: 33%
3 Years: 23%
TTM: 31%
Stock Price CAGR
10 Years: 30%
5 Years: 21%
3 Years: 7%
1 Year: -24%
Return on Equity
10 Years: 11%
5 Years: 12%
3 Years: 14%
Last Year: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 11 11 12 12 12 12 12 13 15 15 15 15 15
Reserves 332 427 186 218 216 248 257 467 587 727 834 897 791
2 1 0 1 1 2 2 2 3 3 54 8 11
104 75 47 41 49 51 66 168 110 89 117 133 225
Total Liabilities 449 514 246 272 278 313 336 650 715 835 1,021 1,053 1,044
78 69 46 45 45 45 40 36 35 33 66 61 82
CWIP 0 1 0 0 2 1 2 2 4 4 1 2 2
Investments 218 203 33 119 132 156 174 484 491 674 781 799 526
153 240 166 108 99 110 120 129 184 123 172 192 434
Total Assets 449 514 246 272 278 313 336 650 715 835 1,021 1,053 1,044

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
89 9 40 50 22 18 16 23 15 54 82 50
-33 -11 -32 -61 -6 -4 23 -13 22 -7 -69 54
-66 -5 -4 -0 -8 -14 -30 -6 -45 -56 -13 -110
Net Cash Flow -11 -6 3 -10 8 -0 8 4 -8 -9 0 -5

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 22 41 50 31 62 69 57 87 80 44 53 67
Inventory Days
Days Payable
Cash Conversion Cycle 22 41 50 31 62 69 57 87 80 44 53 67
Working Capital Days -20 31 27 36 8 24 -8 -143 1 -9 -0 27
ROCE % 12% 17% 6% 11% 10% 13% 13% 9% 14% 15% 15% 16%

Shareholding Pattern

Numbers in percentages

9 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
37.27% 36.75% 36.58% 36.50% 36.48% 36.26% 36.25% 36.24% 36.23% 35.97% 35.96% 35.79%
13.25% 13.14% 13.42% 13.93% 14.10% 14.40% 14.03% 8.14% 9.40% 10.00% 11.05% 11.24%
3.90% 4.80% 5.85% 5.99% 6.41% 7.07% 7.10% 10.41% 9.27% 9.84% 10.52% 11.52%
45.58% 45.30% 44.14% 43.56% 43.01% 42.26% 42.59% 45.22% 45.09% 44.19% 42.47% 41.45%
No. of Shareholders 1,07,6131,05,0431,05,47194,08190,28484,94991,45688,6761,06,6081,03,79898,0131,00,780

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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