Mastek Limited has informed the Exchange that Board of Directors at its meeting held on April 17, 2026, recommended Final Dividend of Rs. 16 per equity share.
MASTEK · price
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Mastek Limited's Board, at its meeting on April 17, 2026, approved the annual audited financial results for FY25-26 and recommended a final dividend of Rs. 16 per equity share (320% on face value of Rs. 5), subject to shareholder approval. Including the interim dividend of Rs. 8 per share already paid, the total dividend for FY26 stands at Rs. 24 per share (480%), up from Rs. 23 per share (460%) in the previous year. Standalone revenue from operations was Rs. 917.56 crore versus Rs. 939.09 crore (restated) last year, while standalone net profit rose sharply to Rs. 202.44 crore from Rs. 140.34 crore, though FY26 included an exceptional loss of Rs. 33.75 crore (mainly impairment in a subsidiary investment of Rs. 36.17 crore). The statutory auditors issued an unmodified opinion, and the financial statements reflect the merger of wholly-owned subsidiary Mastek Enterprise Solutions Private Limited with the company, effective April 1, 2024. The record date for the final dividend will be announced later.
Shareholders will receive a modestly higher total dividend this year (Rs. 24 vs Rs. 23). The sharp jump in standalone net profit is encouraging but is partly flattered by lower exceptional charges and forex/dividend from subsidiary, so investors should review consolidated numbers for the cleaner picture. Watch for the record date announcement.