Mastek Ltd
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]
- Market Cap ₹ 9,169 Cr.
- Current Price ₹ 2,969
- High / Low ₹ 3,147 / 2,103
- Stock P/E 79.8
- Book Value ₹ 272
- Dividend Yield 0.24 %
- ROCE 14.3 %
- ROE 14.2 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 35.1% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 56.6%
Cons
- Stock is trading at 10.9 times its book value
- Tax rate seems low
- Company has a low return on equity of 13.0% over last 3 years.
- Earnings include an other income of Rs.73.0 Cr.
- Promoter holding has decreased over last 3 years: -8.00%
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
401 | 551 | 665 | 379 | 169 | 162 | 189 | 163 | 187 | 257 | 313 | 373 | 419 | |
381 | 498 | 588 | 356 | 143 | 147 | 173 | 160 | 170 | 223 | 266 | 316 | 346 | |
Operating Profit | 20 | 53 | 77 | 22 | 27 | 16 | 17 | 4 | 17 | 34 | 47 | 57 | 73 |
OPM % | 5% | 10% | 12% | 6% | 16% | 10% | 9% | 2% | 9% | 13% | 15% | 15% | 17% |
30 | 6 | 28 | 13 | 9 | 23 | 35 | 42 | 30 | 75 | 132 | 72 | 73 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 2 |
Depreciation | 18 | 26 | 27 | 15 | 12 | 11 | 12 | 11 | 11 | 12 | 13 | 12 | 14 |
Profit before tax | 32 | 33 | 78 | 21 | 24 | 27 | 39 | 34 | 36 | 96 | 166 | 117 | 130 |
Tax % | 7% | 18% | 5% | 35% | 4% | 42% | 22% | 19% | 48% | 20% | 20% | 3% | |
30 | 27 | 74 | 13 | 23 | 16 | 31 | 27 | 19 | 77 | 132 | 113 | 115 | |
EPS in Rs | 12.25 | 12.17 | 32.99 | 5.81 | 9.89 | 6.64 | 12.73 | 11.30 | 7.48 | 25.69 | 43.29 | 36.64 | 37.40 |
Dividend Payout % | 24% | 37% | 8% | 43% | 35% | 90% | 67% | 71% | 194% | 74% | 44% | 52% |
Compounded Sales Growth | |
---|---|
10 Years: | -4% |
5 Years: | 14% |
3 Years: | 26% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 35% |
3 Years: | 87% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | 32% |
5 Years: | 54% |
3 Years: | 5% |
1 Year: | 32% |
Return on Equity | |
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10 Years: | 11% |
5 Years: | 12% |
3 Years: | 13% |
Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | 13 | 15 | 15 | 15 |
Reserves | 370 | 332 | 427 | 186 | 218 | 216 | 248 | 257 | 467 | 587 | 727 | 823 |
2 | 2 | 1 | 0 | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 51 | |
97 | 104 | 75 | 47 | 41 | 49 | 51 | 66 | 168 | 110 | 89 | 101 | |
Total Liabilities | 481 | 449 | 514 | 246 | 272 | 278 | 313 | 336 | 650 | 715 | 835 | 991 |
82 | 78 | 69 | 46 | 45 | 45 | 45 | 40 | 36 | 35 | 33 | 49 | |
CWIP | 3 | 0 | 1 | 0 | 0 | 2 | 1 | 2 | 2 | 4 | 4 | 1 |
Investments | 189 | 218 | 203 | 33 | 119 | 132 | 156 | 174 | 484 | 491 | 674 | 808 |
207 | 153 | 240 | 166 | 108 | 99 | 110 | 120 | 129 | 184 | 123 | 132 | |
Total Assets | 481 | 449 | 514 | 246 | 272 | 278 | 313 | 336 | 650 | 715 | 835 | 991 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
26 | 89 | 9 | 40 | 50 | 22 | 18 | 16 | 23 | 11 | 54 | 67 | |
15 | -33 | -11 | -32 | -61 | -6 | -4 | 23 | -13 | 25 | -7 | -55 | |
-36 | -66 | -5 | -4 | -0 | -8 | -14 | -30 | -6 | -45 | -56 | -12 | |
Net Cash Flow | 4 | -11 | -6 | 3 | -10 | 8 | -0 | 8 | 4 | -8 | -9 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 51 | 22 | 41 | 50 | 31 | 62 | 69 | 57 | 87 | 80 | 44 | 47 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 51 | 22 | 41 | 50 | 31 | 62 | 69 | 57 | 87 | 80 | 44 | 47 |
Working Capital Days | 19 | -20 | 31 | 27 | 36 | 8 | 24 | -8 | -142 | 3 | -8 | 3 |
ROCE % | 12% | 17% | 6% | 11% | 10% | 13% | 13% | 9% | 14% | 15% | 14% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1h
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Announcement under Regulation 30 (LODR)-Newspaper Publication
4h - Newspaper Clippings - AGM / Information on E-voting, Book Closure, Record Date for payment of Dividend
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
8h - Press Release titled "Mastek ad Onyx Health Announce Strategic Partnership to accelerate Health Care Data Interoperability"
- Business Responsibility and Sustainability Reporting (BRSR) 1d
- Corporate Action - Record Date For Payment Of Final Dividend For The FY 2023-24 1d
Annual reports
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Financial Year 2024
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Jul 2024TranscriptPPT
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Oct 2016TranscriptNotesPPT
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Jul 2016Transcript PPT
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Jan 2016Transcript PPT
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Oct 2015TranscriptNotesPPT
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]