Mastek Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Strong return on equity (ROE 15.6%)
- ✓Efficient capital deployment (ROCE 18%)
- ✓Attractively valued vs sector (P/E 12.9x vs industry 41x)
- ✓Low debt relative to equity (D/E 0.1x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| TCS Tata Consultancy Services Limited | ₹2,207 | ₹8.2L Cr | 15.3 | 7.46 | 51.8 | 63 | 0.11 |
| INFY Infosys Limited | ₹1,052 | ₹4.4L Cr | 14.8 | 4.59 | 31.9 | 40 | 0.1 |
| HCLTECH HCL Technologies Limited | ₹1,237 | ₹3.3L Cr | 18 | 4.47 | 24 | 30.6 | 0.07 |
| WIPRO Wipro Limited | ₹174 | ₹1.7L Cr | 13.2 | 2.08 | 15.5 | 17.8 | 0.23 |
| TECHM Tech Mahindra Limited | ₹1,558 | ₹1.5L Cr | 29 | 5.16 | 17.5 | 23.1 | 0.07 |
| LTM LTM Limited | ₹3,973 | ₹1.2L Cr | 21.6 | 4.9 | 23.1 | 29.6 | 0.1 |
| OFSS Oracle Financial Services Software Limited | ₹10,777 | ₹1.0L Cr | 38.8 | 11.99 | 32.6 | 45.3 | 0 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MASTEK · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 36.48% | 36.26% | 36.25% | 36.24% | 36.23% | 35.97% |
| FII | 14.10% | 14.40% | 14.03% | 8.14% | 9.40% | 10.00% |
| DII | 6.41% | 7.07% | 7.10% | 10.41% | 9.27% | 9.84% |
| Public | 43.01% | 42.26% | 42.59% | 45.22% | 45.09% | 44.19% |
Corporate Events
Interim Dividend - Rs 8 Per Share
Dividend - Rs 16 Per Share
Interim Dividend - Rs 7 Per Share
Dividend - Rs 12 Per Share
Record: 17 Sept 2024
Annual General Meeting
Interim Dividend - Rs 7 Per Share
Record: 26 Jan 2024
Annual General Meeting/Dividend - Rs 12 Per Share
Latest News
All news →Mastek partners with Yanbu Cement for digital transformation
*Mastek partners with Yanbu Cement for digital transformation* Mastek Limited announced a partnership with Yanbu Cement Company to modernize its production-to-dispatch operations. The project aims to enhance operational efficiency using digital solutions. This client win reinforces Mastek’s presence in the global IT services space. 📊 *STOCKS:* MASTEK | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #DigitalTransformation
Mastek featured in UK monarchy publication
*Mastek featured in UK monarchy publication.* Mastek Limited announced it has been featured in a publication commemorating 100 years of monarchy and democracy in the United Kingdom, recognizing its contributions. The announcement was made via a press release on July 03, 2026. This is a brand recognition event with no direct financial impact. 📊 *STOCKS:* MASTEK | 🏢 *SECTOR:* IT | #LOWIMPACT #IT
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹938 Cr ▲3.5% | ₹906 Cr ▼3.6% | ₹940 Cr ▲2.7% | ₹915 Cr ▲1.1% | ₹905 Cr ▲4.0% | ₹870 Cr ▲0.3% | ₹867 Cr ▲6.6% | ₹813 Cr |
| Op. Profit | ₹151 Cr ▼0.7% | ₹152 Cr ▲4.1% | ₹146 Cr ▲6.6% | ₹137 Cr ▼1.4% | ₹139 Cr ▼1.4% | ₹141 Cr ▼1.4% | ₹143 Cr ▲15.3% | ₹124 Cr |
| OPM | 16.0% ▼5.9% | 17.0% ▲13.3% | 15.0% ▲0.0% | 15.0% ▲0.0% | 15.0% ▼6.3% | 16.0% ▲0.0% | 16.0% ▲6.7% | 15.0% |
| Net Profit | ₹106 Cr ▼1.9% | ₹108 Cr ▲11.3% | ₹97 Cr ▲5.4% | ₹92 Cr ▲13.6% | ₹81 Cr ▼14.7% | ₹95 Cr ▼26.4% | ₹129 Cr ▲79.2% | ₹72 Cr |
| EPS (₹) | 34.24 ▼2.1% | 34.96 ▲11.1% | 31.46 ▲5.7% | 29.75 ▲13.5% | 26.2 ▼14.6% | 30.67 ▼26.4% | 41.68 ▲79.8% | 23.18 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.7K Cr ▲7.1% | ₹3.5K Cr ▲13.1% | ₹3.1K Cr ▲19.2% | ₹2.6K Cr ▲17.4% | ₹2.2K Cr ▲26.8% | ₹1.7K Cr ▲60.8% | ₹1.1K Cr ▲3.7% | ₹1.0K Cr ▲26.4% | ₹817 Cr ▲45.9% | ₹560 Cr |
| Expenses | ₹3.1K Cr ▲7.0% | ₹2.9K Cr ▲14.3% | ₹2.5K Cr ▲20.8% | ₹2.1K Cr ▲22.5% | ₹1.7K Cr ▲26.8% | ₹1.4K Cr ▲48.1% | ₹916 Cr ▲1.6% | ₹902 Cr ▲25.6% | ₹718 Cr ▲39.4% | ₹515 Cr |
| Op. Profit | ₹586 Cr ▲7.3% | ₹546 Cr ▲7.3% | ₹509 Cr ▲11.6% | ₹456 Cr ▼1.5% | ₹463 Cr ▲27.2% | ₹364 Cr ▲133.3% | ₹156 Cr ▲18.2% | ₹132 Cr ▲32.0% | ₹100 Cr ▲122.2% | ₹45 Cr |
| OPM | 16.0% ▲0.0% | 16.0% ▼5.9% | 17.0% ▼5.6% | 18.0% ▼14.3% | 21.0% ▲0.0% | 21.0% ▲40.0% | 15.0% ▲15.4% | 13.0% ▲8.3% | 12.0% ▲50.0% | 8.0% |
| Other Income | ₹40 Cr ▲33.3% | ₹30 Cr ▲150.0% | ₹12 Cr ▼81.3% | ₹64 Cr ▲77.8% | ₹36 Cr ▲28.6% | ₹28 Cr ▲64.7% | ₹17 Cr ▼32.0% | ₹25 Cr ▲19.0% | ₹21 Cr ▲75.0% | ₹12 Cr |
| Interest | ₹32 Cr ▼23.8% | ₹42 Cr ▼4.5% | ₹44 Cr ▲76.0% | ₹25 Cr ▲212.5% | ₹8 Cr ▲0.0% | ₹8 Cr ▲100.0% | ₹4 Cr ▼33.3% | ₹6 Cr ▲0.0% | ₹6 Cr ▲50.0% | ₹4 Cr |
| Depreciation | ₹73 Cr ▼2.7% | ₹75 Cr ▼16.7% | ₹90 Cr ▲34.3% | ₹67 Cr ▲55.8% | ₹43 Cr ▼4.4% | ₹45 Cr ▲80.0% | ₹25 Cr ▲47.1% | ₹17 Cr ▼10.5% | ₹19 Cr ▲26.7% | ₹15 Cr |
| PBT | ₹521 Cr ▲13.5% | ₹459 Cr ▲18.9% | ₹386 Cr ▼9.6% | ₹427 Cr ▼4.7% | ₹448 Cr ▲32.2% | ₹339 Cr ▲135.4% | ₹144 Cr ▲8.3% | ₹133 Cr ▲38.5% | ₹96 Cr ▲146.2% | ₹39 Cr |
| Tax % | 22.0% ▲22.2% | 18.0% ▼5.3% | 19.0% ▼29.6% | 27.0% ▲3.8% | 26.0% ▲0.0% | 26.0% ▲23.8% | 21.0% ▼12.5% | 24.0% ▼11.1% | 27.0% ▲58.8% | 17.0% |
| Net Profit | ₹404 Cr ▲7.4% | ₹376 Cr ▲20.9% | ₹311 Cr ▲0.3% | ₹310 Cr ▼6.9% | ₹333 Cr ▲32.1% | ₹252 Cr ▲121.1% | ₹114 Cr ▲12.9% | ₹101 Cr ▲44.3% | ₹70 Cr ▲118.8% | ₹32 Cr |
| EPS (₹) | 130.33 ▲7.3% | 121.5 ▲24.8% | 97.36 ▲1.4% | 95.99 ▼2.4% | 98.32 ▲18.5% | 82.97 ▲85.1% | 44.82 ▲5.9% | 42.33 ▲43.3% | 29.53 ▲113.1% | 13.86 |
| Div Payout | 18.0% ▼5.3% | 19.0% ▼5.0% | 20.0% ▲0.0% | 20.0% ▲5.3% | 19.0% ▲11.8% | 17.0% ▼5.6% | 18.0% ▼10.0% | 20.0% ▲0.0% | 20.0% ▼20.0% | 25.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹16 Cr ▲6.7% | ₹15 Cr ▲0.0% | ₹15 Cr ▲0.0% | ₹15 Cr ▲0.0% | ₹15 Cr ▲15.4% | ₹13 Cr ▲8.3% | ₹12 Cr ▲0.0% | ₹12 Cr ▲0.0% | ₹12 Cr ▲0.0% | ₹12 Cr |
| Reserves | ₹3.0K Cr ▲21.6% | ₹2.4K Cr ▲18.1% | ₹2.1K Cr ▲24.2% | ₹1.7K Cr ▲58.0% | ₹1.1K Cr ▲24.8% | ₹846 Cr ▲8.7% | ₹778 Cr ▲10.5% | ₹704 Cr ▲31.1% | ₹537 Cr ▲17.5% | ₹457 Cr |
| Borrowings | ₹438 Cr ▼24.9% | ₹583 Cr ▲12.3% | ₹519 Cr ▲28.5% | ₹404 Cr ▲99.0% | ₹203 Cr ▼25.6% | ₹273 Cr ▼18.5% | ₹335 Cr ▲378.6% | ₹70 Cr ▲0.0% | ₹70 Cr ▲6.1% | ₹66 Cr |
| Other Liabilities | ₹879 Cr ▲9.5% | ₹803 Cr ▼23.2% | ₹1.0K Cr ▲2.1% | ₹1.0K Cr ▼14.2% | ₹1.2K Cr ▲4.1% | ₹1.1K Cr ▲50.2% | ₹763 Cr ▲326.3% | ₹179 Cr ▼11.4% | ₹202 Cr ▲18.8% | ₹170 Cr |
| Total Liabilities | ₹4.3K Cr ▲12.0% | ₹3.8K Cr ▲5.4% | ₹3.7K Cr ▲17.4% | ₹3.1K Cr ▲26.1% | ₹2.5K Cr ▲8.3% | ₹2.3K Cr ▲20.6% | ₹1.9K Cr ▲95.4% | ₹966 Cr ▲17.7% | ₹821 Cr ▲16.5% | ₹705 Cr |
| Assets | ||||||||||
| Fixed Assets | ₹1.9K Cr ▲6.7% | ₹1.8K Cr ▼6.8% | ₹1.9K Cr ▲12.1% | ₹1.7K Cr ▲106.9% | ₹841 Cr ▲4.2% | ₹807 Cr ▼5.8% | ₹857 Cr ▲413.2% | ₹167 Cr ▼6.7% | ₹179 Cr ▼0.6% | ₹180 Cr |
| CWIP | ₹2 Cr ▲0.0% | ₹2 Cr ▲100.0% | ₹1 Cr ▼85.7% | ₹7 Cr ▲75.0% | ₹4 Cr ▲100.0% | ₹2 Cr ▲0.0% | ₹2 Cr ▲100.0% | ₹1 Cr ▼50.0% | ₹2 Cr | ₹0 Cr |
| Investments | ₹234 Cr ▲31.5% | ₹178 Cr ▲89.4% | ₹94 Cr ▲36.2% | ₹69 Cr ▲165.4% | ₹26 Cr ▼88.9% | ₹234 Cr ▼15.2% | ₹276 Cr ▼30.3% | ₹396 Cr ▲39.4% | ₹284 Cr ▲3.6% | ₹274 Cr |
| Other Assets | ₹2.1K Cr ▲15.3% | ₹1.9K Cr ▲15.2% | ₹1.6K Cr ▲24.0% | ₹1.3K Cr ▼18.8% | ₹1.6K Cr ▲29.2% | ₹1.2K Cr ▲63.8% | ₹754 Cr ▲88.0% | ₹401 Cr ▲12.6% | ₹356 Cr ▲41.8% | ₹251 Cr |
| Total Assets | ₹4.3K Cr ▲12.0% | ₹3.8K Cr ▲5.4% | ₹3.7K Cr ▲17.4% | ₹3.1K Cr ▲26.1% | ₹2.5K Cr ▲8.3% | ₹2.3K Cr ▲20.6% | ₹1.9K Cr ▲95.4% | ₹966 Cr ▲17.7% | ₹821 Cr ▲16.5% | ₹705 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹542 Cr ▲37.2% | ₹395 Cr ▼6.0% | ₹420 Cr ▲288.9% | ₹108 Cr ▼60.4% | ₹273 Cr ▼4.9% | ₹287 Cr ▲56.0% | ₹184 Cr ▲145.3% | ₹75 Cr ▲15.4% | ₹65 Cr ▲51.2% | ₹43 Cr |
| Investing CF | ₹-66 Cr ▲74.5% | ₹-259 Cr ▼4.0% | ₹-249 Cr ▲65.4% | ₹-719 Cr ▼2665.4% | ₹-26 Cr ▼111.9% | ₹218 Cr ▲183.2% | ₹-262 Cr ▼385.2% | ₹-54 Cr ▼200.0% | ₹-18 Cr ▲85.8% | ₹-127 Cr |
| Financing CF | ₹-300 Cr ▼426.3% | ₹-57 Cr ▼2950.0% | ₹2 Cr ▼97.8% | ₹93 Cr ▲172.7% | ₹-128 Cr ▼8.5% | ₹-118 Cr ▼157.6% | ₹205 Cr ▲1381.3% | ₹-16 Cr ▼128.6% | ₹-7 Cr ▼110.8% | ₹65 Cr |
| Net Cash Flow | ₹176 Cr ▲120.0% | ₹80 Cr ▼53.8% | ₹173 Cr ▲133.3% | ₹-519 Cr ▼536.1% | ₹119 Cr ▼69.3% | ₹387 Cr ▲204.7% | ₹127 Cr ▲2440.0% | ₹5 Cr ▼87.5% | ₹40 Cr ▲300.0% | ₹-20 Cr |
| Free Cash Flow | ₹515 Cr ▲37.0% | ₹376 Cr ▼3.8% | ₹391 Cr ▲210.3% | ₹126 Cr ▼46.8% | ₹237 Cr ▼14.1% | ₹276 Cr ▲63.3% | ₹169 Cr ▲181.7% | ₹60 Cr ▲20.0% | ₹50 Cr ▲61.3% | ₹31 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 57d ▼26.9% | 78d ▲16.4% | 67d ▼6.9% | 72d ▼1.4% | 73d ▼7.6% | 79d ▼26.9% | 108d ▲45.9% | 74d ▼5.1% | 78d ▲41.8% | 55d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 57d ▼26.9% | 78d ▲16.4% | 67d ▼6.9% | 72d ▼1.4% | 73d ▼7.6% | 79d ▼26.9% | 108d ▲45.9% | 74d ▼5.1% | 78d ▲41.8% | 55d |
| Working Capital Days | 42d ▲50.0% | 28d ▲2900.0% | -1d ▼102.9% | 34d ▲270.0% | -20d ▲42.9% | -35d ▼975.0% | 4d ▼89.5% | 38d ▲153.3% | 15d ▼48.3% | 29d |
| ROCE | 18.0% ▲5.9% | 17.0% ▼5.6% | 18.0% ▼21.7% | 23.0% ▼28.1% | 32.0% ▲23.1% | 26.0% ▲62.5% | 16.0% ▼15.8% | 19.0% ▲11.8% | 17.0% ▲70.0% | 10.0% |
Source: Screener.in · Lower days = better efficiency