Mastek Ltd

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

Mastek Ltd

₹ 2,173 -1.06%
25 Apr - 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 ₹ 6,723 Cr.
  • Current Price ₹ 2,173
  • High / Low ₹ 3,375 / 1,883
  • Stock P/E 97.4
  • Book Value ₹ 295
  • Dividend Yield 0.87 %
  • ROCE 9.19 %
  • ROE 7.89 %
  • Face Value ₹ 5.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 51.6%

Cons

  • Stock is trading at 7.37 times its book value
  • Company has a low return on equity of 11.3% over last 3 years.
  • Earnings include an other income of Rs.73.4 Cr.
  • Debtor days have increased from 52.4 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

Sector: IT - Software Industry: Computers - Software - Medium / Small

Part of BSE 500 BSE Information Technology Nifty Smallcap 250 Nifty 500 Multicap 50:25:25 BSE Allcap

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
68 70 73 81 89 97 107 113 117 115 127 120 126
63 61 71 62 73 85 90 94 96 93 104 101 104
Operating Profit 5 9 2 20 16 12 17 19 21 22 22 19 21
OPM % 8% 13% 3% 24% 18% 12% 16% 17% 18% 19% 17% 16% 17%
23 -2 72 13 49 2 38 8 23 3 56 -18 32
Interest 0 0 0 0 0 0 0 0 1 1 1 1 0
Depreciation 4 4 4 3 3 3 3 3 4 4 4 2 3
Profit before tax 25 3 70 30 62 11 52 24 40 20 73 -2 49
Tax % 19% 104% 13% 36% 16% -47% 9% 28% 2% 26% 13% -44% 11%
20 -0 61 19 52 16 48 18 39 14 64 -1 44
EPS in Rs 6.68 -0.04 20.31 6.34 17.07 5.23 15.52 5.73 12.67 4.66 20.74 -0.44 14.08
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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
551 665 379 169 162 189 163 187 257 313 373 486
498 588 356 143 147 173 160 170 223 266 316 403
Operating Profit 53 77 22 27 16 17 4 17 34 47 57 84
OPM % 10% 12% 6% 16% 10% 9% 2% 9% 13% 15% 15% 17%
6 28 13 9 23 35 42 30 75 132 72 73
Interest 0 0 0 0 0 0 0 1 1 0 1 4
Depreciation 26 27 15 12 11 12 11 11 12 13 12 14
Profit before tax 33 78 21 24 27 39 34 36 96 166 117 139
Tax % 18% 5% 35% 4% 42% 22% 19% 48% 20% 20% 3% 13%
27 74 13 23 16 31 27 19 77 132 113 121
EPS in Rs 12.17 32.99 5.81 9.89 6.64 12.73 11.30 7.48 25.69 43.29 36.64 38.97
Dividend Payout % 37% 8% 43% 35% 90% 67% 71% 194% 74% 44% 52% 59%
Compounded Sales Growth
10 Years: -3%
5 Years: 24%
3 Years: 24%
TTM: 30%
Compounded Profit Growth
10 Years: 1%
5 Years: 20%
3 Years: 3%
TTM: -39%
Stock Price CAGR
10 Years: 19%
5 Years: 57%
3 Years: -8%
1 Year: -22%
Return on Equity
10 Years: 10%
5 Years: 11%
3 Years: 11%
Last Year: 8%

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
Equity Capital 11 11 12 12 12 12 12 13 15 15 15 15
Reserves 332 427 186 218 216 248 257 467 587 727 823 897
2 1 0 1 1 2 2 2 3 3 51 8
104 75 47 41 49 51 66 168 110 89 101 133
Total Liabilities 449 514 246 272 278 313 336 650 715 835 991 1,053
78 69 46 45 45 45 40 36 35 33 49 61
CWIP 0 1 0 0 2 1 2 2 4 4 1 2
Investments 218 203 33 119 132 156 174 484 491 674 808 799
153 240 166 108 99 110 120 129 184 123 132 192
Total Assets 449 514 246 272 278 313 336 650 715 835 991 1,053

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 11 54 67 50
-33 -11 -32 -61 -6 -4 23 -13 25 -7 -55 54
-66 -5 -4 -0 -8 -14 -30 -6 -45 -56 -12 -110
Net Cash Flow -11 -6 3 -10 8 -0 8 4 -8 -9 1 -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 47 67
Inventory Days
Days Payable
Cash Conversion Cycle 22 41 50 31 62 69 57 87 80 44 47 67
Working Capital Days -20 31 27 36 8 24 -8 -142 3 -8 3 56
ROCE % 12% 17% 6% 11% 10% 13% 13% 9% 14% 15% 14% 9%

Shareholding Pattern

Numbers in percentages

14 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
37.31% 37.28% 37.27% 36.75% 36.58% 36.50% 36.48% 36.26% 36.25% 36.24% 36.23% 35.97%
8.01% 13.04% 13.25% 13.14% 13.42% 13.93% 14.10% 14.40% 14.03% 8.14% 9.40% 10.00%
5.71% 3.73% 3.90% 4.80% 5.85% 5.99% 6.41% 7.07% 7.10% 10.41% 9.27% 9.84%
48.96% 45.96% 45.58% 45.30% 44.14% 43.56% 43.01% 42.26% 42.59% 45.22% 45.09% 44.19%
No. of Shareholders 1,06,1801,10,4451,07,6131,05,0431,05,47194,08190,28484,94991,45688,6761,06,6081,03,798

* 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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