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Prices as of 9 Oct 2026 close · Not investment advice

Mastek Limited

NSE: MASTEKComputers - Software & Consulting

Share price

₹1,679.90

+1.74% close of 9 Oct 2026

Market cap ₹5,376 CrP/E 12.3

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

72

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹5,376 Cr

P/E ratio

12.3

P/B ratio

1.7

ROCE

17.7%

ROE

15.3%

Dividend yield

1.4%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹2,336.4052-week low ₹1,342.20

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 6.0% over the past year, and 8.2% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 20.5% to 15.9% over the last four years.

Whether it grew faster than its sector

It grew 8.2% a year against a sector median of 14.5% — 6.3 percentage points slower.

Room to re-rate, or risk of de-rating

At 12.3× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 18.2×, across 5 companies. It is against its own five-year median of 21.9×, the 5th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.8 times its growth rate, on earnings growth of 15%.

Profit growthPrice per ₹1 profitPer 1% growth
Mastek Limited — this one15%/yr12.3×₹0.82
Infosys8%/yr13.3×₹1.7
HCL Technologies6%/yr18.2×₹3.0
Wipro5%/yr12.9×₹2.6
Tech Mahindra1%/yr25.2×₹25.2
LTIMindtree Limited7%/yr21.8×₹3.1

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Computers - Software & Consulting), it ranks 29 of 53 on returns, 37 of 49 on growth, 36 of 52 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 17.7% on capital, ahead of 45% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1739 crore of cash from the business, spent ₹92 crore on plant and equipment, and returned ₹390 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 106 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being paid 20 days before it paid its own suppliers to waiting 19 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 10 checks clear · 90%

How the profit check works

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹5,376 Cr
Prev close
₹1,679.90
52w High
₹2,369
52w Low
₹1,334
Enterprise value
₹4,875 Cr
Beta
1.3
Price CAGR 1y
-24.0%
Price CAGR 3y
-12.0%
Price CAGR 5y
-12.0%
Price CAGR 10y
28.0%

Ratios

Return on assets
9.4%
PEG ratio
0.8
P/E ratio
12.3
P/B ratio
1.7
EV / EBITDA
8.1
Industry P/E
18.2
ROCE
17.7%
ROCE 5y average
21.6%
ROE
15.3%
Debt / Equity
0.1
Interest coverage
17.3
Dividend yield
1.4%
ROE 3y average
16.0%
ROE last year
15.0%

Annual P&L

Annual revenue
₹3,699 Cr
Annual profit
₹404 Cr
Operating margin
16.0%
Net profit margin
10.9%
EBITDA margin
15.8%
Sales growth 3y
13.0%
Sales growth 5y
16.5%
Profit growth 3y
15.0%
Profit growth 5y
15.0%
EPS
₹130
Sales growth TTM
6.0%
Profit growth TTM
12.0%
Dividend payout
18.0%

Quarter P&L

Sales latest quarter
₹985 Cr
Profit latest quarter
₹106 Cr
YoY quarterly sales growth
7.7%
YoY quarterly profit growth
15.2%
OPM latest quarter
15.4%

Balance Sheet

Book Value
₹935
Face Value
₹5.0
Total debt
₹438 Cr
Total cash
₹705 Cr
Borrowings
₹438 Cr
Reserves / Equity
186.0

Cash Flow

Operating cash flow
₹542 Cr
Free cash flow
₹515 Cr
FCF yield
9.0%
Net cash flow
₹244 Cr

Shareholding

Promoter holding
35.8%
FII holding
7.5%
DII holding
19.9%
Public holding
36.9%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
TCS2,130.1014.37,70,6892.9913,420.08.472,275.013.963.0
Infosys1,008.6013.24,09,3184.787,775.012.348,211.014.040.0
HCL Technologies1,203.7518.03,26,6574.484,626.020.334,579.013.930.4
Wipro161.7012.11,60,1696.803,356.30.724,478.610.617.8
Tech Mahindra1,518.7528.01,48,8623.351,486.328.415,711.917.723.1
LTM3,985.9021.11,18,2301.901,468.616.911,608.018.029.6
Persistent Systems5,587.8044.388,1480.73483.013.74,303.229.134.4
Mastek1,660.0011.75,1471.45105.915.0985.37.717.7
Median218.6519.18600.3310.113.085.717.622.1

Competes with: HCL Technologies, Infosys, LTIMindtree Limited, Persistent Systems, Srit India Limited, Tata Consultancy Services, Tech Mahindra, Wipro

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales725766784780813867870905915940906938985
Expenses598642651655689724729767777795754787834
Material Cost000000
Change in Inventories000000
Purchases of Stock-in-Trade000000
Employee Cost478490494492503533
Other Expenses289287300269284301
Operating Profit127123134125124143141139137146152151151
OPM %18161716151716151515171615
Other Income213541713-5111514012
Exceptional items (within Other Income)-8.13000-240
Interest913139911121099777
Depreciation20212227202017191818181818
Profit before tax100901029499129126106121134141125138
Tax %272824-128025232427231524
Net Profit746578947212995819297108106106
EPS in Rs23212530234231263031353434
Diluted EPS in Rs263031353434

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,0135275608171,0331,0711,7222,1842,5633,0553,4553,6993,769
Expenses9655095157189029161,3571,7212,1082,5462,9093,1133,170
Material Cost00
Change in Inventories00
Purchases of Stock-in-Trade00
Employee Cost1,8591,973
Other Expenses1,0501,141
Operating Profit471845100132156364463456509546586600
OPM %4.703.50812131521211817161616
Other Income14151221251728366412304042
Exceptional items (within Other Income)7.61-30
Interest104664882544423230
Depreciation37161519172545436790757373
Profit before tax22163996133144339448427386459521539
Tax %201717272421262627191822
Net Profit18143270101114252333310311376404418
EPS in Rs7.865.971430424583989697122130135
Diluted EPS in Rs121130
Dividend Payout %324225202018171920201918

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
22%
5 years
17%
3 years
13%
TTM
6%

Compounded profit growth

10 years
42%
5 years
15%
3 years
15%
TTM
12%

Stock price CAGR

10 years
28%
5 years
-12%
3 years
-12%
1 year
-24%

Return on equity

10 years
17%
5 years
18%
3 years
16%
Last year
15%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital111212121212131515151516
Reserves5853084575377047788461,0561,6682,0722,4472,976
Borrowings290667070335273203404519583438
Other Liabilities2071081702021797631,1461,1931,0241,045758863
Minority Interest00
Total Liabilities8324287058219661,8882,2772,4673,1113,6523,8034,293
Fixed Assets279661801791678578078411,7401,9501,8181,938
CWIP100212247122
Investments5450274284396276234666994178234
Other Assets4983122513564017541,2351,5561,2961,6071,8052,119
Total Assets8324287058219661,8882,2772,4673,1113,6853,8164,309

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity5932436575184287273108420395542
Cash from Investing Activity-28-84-127-18-54-262218-26-719-249-2602
Cash from Financing Activity22-465-7-16205-118-128932-57-300
Net Cash Flow53-57-20405127387119-51917380244
Free Cash Flow1020315060169276237126391377516

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days4867557874108797372675557
Cash Conversion Cycle4867557874108797372675557
Working Capital Days25382915384-35-2034-12819
ROCE %5310171916263223181718

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters373636363636363636363636
FIIs141414148.149.40101111108.037.45
DIIs5.996.417.077.10109.279.841112131920
Public444342434545444241413737
No. of Shareholders94,08190,28484,94991,45688,6761,06,6081,03,79898,0131,00,78097,54188,91890,431

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -22.1% (₹2,156.80 → ₹1,679.90)Brick size ₹60.42 (fixed)Bricks 47
₹1,500₹2,000₹2,250₹1,680Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹1,679.90 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

attrition %

16.40pct

2026-06-30

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

client concentration top 10 pct

44.70pct

2026-06-30

revenue share of the top 5 clients

32.00pct

2026-06-30

clients above US$1 million of revenue

69.00count

2026-06-30

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-501inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

89,52,081inr

2026-03-31

News

News and filings about Mastek Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Sells to

  • Blue Cross Blue Shield Arizona · Oracle/Salesforce healthcare technology services
  • International Personal Finance · IT / digital transformation services
  • LHC Group · IT / digital transformation services
  • National Health Service (NHS) England · digital engineering, cloud transformation, data warehousing and cybersecurity services
  • Together Financial Services · application development and modernization services

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Information Technology
Industry
Computers - Software & Consulting
Classification
Information Technology › Computers - Software & Consulting
ISIN
INE759A01021

Business segments

  • UK & Europe operations · 65%
  • North America operations · 22%
  • AMEA · 12%

News impact

Big market events that reach Mastek Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

31 Aug 2026unspecified₹16
30 Jan 2026interim₹8
12 Sep 2025unspecified₹16
24 Jan 2025interim₹7
17 Sep 2024unspecified₹12
25 Jan 2024interim₹7
18 Sep 2023unspecified₹12
1 Feb 2023interim₹7

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
28 Aug 2026MICROCURVES TRADING PRIVATE LIMITEDSELL2,64,122₹1,841.57
28 Aug 2026MICROCURVES TRADING PRIVATE LIMITEDBUY2,64,122₹1,839.78

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.