Mastek UK unit wins £49m five-year UK Home Office biometrics contract

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MASTEK · price

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Price reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹1585.00

prior close

₹1563.80

announcement price

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.1%+0.8% vs market

Computers - Software & Consulting peers, median of 67sector-0.3%+0.0% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and in line with its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 67Pending

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AI summary

Mastek UK Limited, a wholly-owned subsidiary, secured a five-year contract (including two optional years) worth about £49m or $67m plus with the UK Home Office under the HADES 2026 programme. It covers engineering, integration and product development for the Biometrics Services Gateway and National DNA Database, supporting policing, forensics, justice, migration and border services. Mastek expects significant growth from this contract.

Likely market impact

Strong export win in hard currency; £49m deal materially boosts UK revenue over five years and deepens UK public sector presence.