Mastek Ltd

₹ 1,995 -0.77%
12 Aug - close price
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 primary services includes application development, application maintenance & support, ERP and cloud migration, business intelligence & analytics, agile consulting, assurance & testing and digital commerce.[1]

  • Market Cap 5,998 Cr.
  • Current Price 1,995
  • High / Low 3,669 / 1,851
  • Stock P/E 19.8
  • Book Value 357
  • Dividend Yield 0.35 %
  • ROCE 38.0 %
  • ROE 30.6 %
  • Face Value 5.00
Ashfaqulla Khan
Ashfaqulla Khan
He actively fought against British Forces. He was arrested for his involvement in 'Kakori Train Robbery' and hanged in 1927.
Unsung Heroes →
Laxmibai Ganesh Thuse
Laxmibai Ganesh Thuse
She was chosen by Mahatma Gandhi to offer Satyagraha.She pursued people towards non-violence and made anti-war speeches.
Unsung Heroes →

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 55.4% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 18.2%

Cons

  • Promoter holding has decreased over last 3 years: -8.37%

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
248 244 244 337 386 410 443 483 516 534 552 582 570
215 215 210 278 318 323 339 377 404 421 436 461 461
Operating Profit 33 29 34 58 68 87 104 106 113 113 116 121 109
OPM % 13% 12% 14% 17% 18% 21% 23% 22% 22% 21% 21% 21% 19%
5 9 5 -0 17 4 4 3 5 8 6 18 26
Interest 1 1 1 1 2 2 2 2 2 2 2 3 2
Depreciation 6 6 6 8 11 12 12 10 10 10 11 12 11
Profit before tax 31 31 32 49 71 77 94 97 106 108 110 124 122
Tax % 23% 21% 19% 21% 34% 23% 25% 22% 24% 25% 24% 29% 31%
Net Profit 24 25 26 34 40 51 57 61 69 72 74 80 77
EPS in Rs 10.10 10.26 10.79 13.99 16.54 20.76 23.03 24.00 27.42 24.38 24.77 26.62 25.68

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Jun 2011 Jun 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
594 734 683 923 1,013 527 560 817 1,033 1,071 1,722 2,184 2,238
613 710 626 833 965 509 515 718 902 916 1,357 1,721 1,779
Operating Profit -18 24 57 90 47 18 45 100 132 156 364 463 459
OPM % -3% 3% 8% 10% 5% 3% 8% 12% 13% 15% 21% 21% 21%
-7 12 9 11 14 15 12 21 25 17 28 36 57
Interest 1 1 0 1 1 0 4 6 6 4 8 8 8
Depreciation 29 29 22 33 37 16 15 19 17 25 45 43 44
Profit before tax -56 5 44 68 22 16 39 96 133 144 339 448 464
Tax % -1% 91% 22% 24% 20% 17% 17% 27% 24% 21% 26% 26%
Net Profit -56 0 34 52 18 14 32 70 101 109 209 295 303
EPS in Rs -20.77 0.19 13.93 23.37 7.86 5.97 13.86 29.53 42.33 44.82 82.97 98.32 101.45
Dividend Payout % 0% 0% 22% 19% 32% 42% 25% 20% 20% 18% 17% 19%
Compounded Sales Growth
10 Years: 14%
5 Years: 31%
3 Years: 28%
TTM: 21%
Compounded Profit Growth
10 Years: 27%
5 Years: 55%
3 Years: 46%
TTM: 27%
Stock Price CAGR
10 Years: 28%
5 Years: 47%
3 Years: 81%
1 Year: -18%
Return on Equity
10 Years: 15%
5 Years: 21%
3 Years: 24%
Last Year: 31%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Jun 2011 Jun 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
13 14 12 11 11 12 12 12 12 12 13 15
Reserves 477 522 521 549 585 308 457 537 704 778 846 1,056
18 7 2 2 29 0 66 70 70 335 262 203
136 215 207 192 207 108 170 202 179 763 1,156 1,214
Total Liabilities 645 757 742 754 832 428 705 821 966 1,888 2,277 2,488
240 256 247 261 279 66 180 179 167 857 807 841
CWIP 0 0 3 0 1 0 0 2 1 2 2 4
Investments 65 43 40 84 54 50 274 284 396 276 256 66
340 458 452 409 498 312 251 356 401 754 1,213 1,577
Total Assets 645 757 742 754 832 428 705 821 966 1,888 2,277 2,488

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Jun 2011 Jun 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
10 -4 80 89 59 32 43 65 75 184 287 273
-50 16 -12 -62 -28 -84 -127 -18 -54 -262 201 -20
-28 -14 -43 -67 22 -4 65 -7 -16 205 -118 -128
Net Cash Flow -68 -2 26 -40 53 -57 -20 40 5 127 371 125

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Jun 2011 Jun 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 66 90 80 46 48 67 55 78 74 108 79 73
Inventory Days
Days Payable
Cash Conversion Cycle 66 90 80 46 48 67 55 78 74 108 79 73
Working Capital Days 37 53 40 26 28 38 29 17 38 30 -35 2
ROCE % -5% 0% 8% 12% 5% 3% 10% 17% 19% 17% 30% 38%

Shareholding Pattern

Numbers in percentages

21 recently
Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
45.61 45.43 45.10 44.82 44.63 44.25 44.32 44.25 37.75 37.59 37.30 37.31
6.76 6.52 6.20 5.57 5.63 5.39 6.51 5.67 4.16 4.84 6.62 8.01
11.33 12.38 14.88 15.30 14.07 14.27 11.98 10.72 7.99 7.22 6.65 5.71
36.30 35.68 33.83 34.31 35.67 36.09 37.19 39.36 50.10 50.35 49.43 48.96

Documents

Concalls

Swami Brahmanand
Swami Brahmanand
He was jailed multiple times for participating in the Salt Satyagrah, Non-Cooperation Movement, and Quit India Movement. He was a social reformer and established teaching institutes such as Brahmanand Inter College (1938), Brahmanand Sanskrit Mahavidyalaya (1943) and Brahamanand Mahavidyalaya (1960).
Unsung Heroes →
Ligin Bomjen
Ligin Bomjen
In 1943, British had banned the salt trade. Ligin and his friends smuggled salt to their village. He also served as a porter in the second World War.
Unsung Heroes →