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NSE:MASTEK

MASTEK LTD

Information Technology › IT - Software·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹1,455.10
at close · 28 Oct 2026
▼ 77.40 (-5.05%)
ThemesCybersecurity· growingDefence· growing

Latest filings

  1. Mastek expands Trichy centre for technology and talent growth · Compliance
  2. Q2 FY27 earnings call: margin recovery target and pipeline growth · Investor Communications
  3. Mastek provides earnings call recording for Q2 and H1 FY27 · Investor Communications
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Provides IT services and digital transformation to enterprise and public-sector clients across the UK, North America and the AMEA region, with a stated repositioning around AI-led transformation. UK & Europe is the largest segment at 65.2% of FY26 segment revenue (₹2,411.29 cr), serving UK government departments (Home Office, Ministry of Defence, NHS) and healthcare clients on long-running modernisation programmes. North America contributes 22.4% (₹828.53 cr) and is being rebuilt around AI transformation deals, headlined by a $25 million, five-year Salesforce Agentforce engagement. AMEA contributes 12.4% (₹458.93 cr) but is currently under pressure from West Asia geopolitical headwinds affecting demand, bench utilisation and collections. Q1 FY27 closed 40+ AI-led deals and the 12-month order backlog grew 25% YoY in INR terms. Costs are dominated by people — employee expenses are 53.3% of FY26 revenue — with other opex at 30.8%, depreciation at 2% and capex at 0.8%; Q1 FY27 operating EBITDA margin was 15.4%.

Revenue mix · reported segments
UK & Europe operations65.2%
North America operations22.4%
AMEA12.4%
Operating scale
12-month order backlog
$310M (₹2,935.2 cr), +25% YoY in INR / +13.3% YoY in USDQ1 FY27
AI-led deal closures
40+ deals in Q1 FY27, ~45% of new order intake from AIQ1 FY27
Largest recent deal
$25M, 5-year Salesforce Agentforce AI transformation engagementQ1 FY27
Geographic footprint
40+ countries, ~5,000 employees, 400+ customersFY26
UK segment EBITDA margin
~20%Q1 FY27
Cash and investments
₹945.4 crQ1 FY27
Who pays it
UK government departments (Home Office, Ministry of Defence, NHS, financial regulators), healthcare and life-sciences enterprises, North American enterprise clients (e.g., Salesforce transformation), and Middle East public/private sector clients including Saudi cement manufacturer Yanbu Cement Company.
Biggest cost
Employee costs at 53.3% of FY26 revenue — people are the primary input.
Kind of business
People-intensive, asset-light IT services and digital transformation with an AI-led repositioning and meaningful UK public-sector exposure.
Where it sits
Mid-tier Indian IT services firm with a long-standing UK public-sector and healthcare presence, three-decade track record in Britain, and ongoing build-out of an AI transformation practice in North America.
Market Cap
₹4,511 Cr
P / E (TTM)
10.8×
EV / EBITDA
6.6×
Div Yield
1.65%
Growth
16.5%▲
Revenue 5y CAGR
PAT +9.9% · EBITDA +9.8%
Quality
17.1%▲
ROCE (5y median)
ROE 15.3% (5y median) · margin 16.9%
Leverage
0.14·
Debt / Equity · low
Net cash ₹283 Cr
Revenue FY21→FY26
2.1×▲
Margin −3.7 pts
₹1,722 Cr → ₹3,699 Cr
Cash conversion
1.00×▲
Operating cash ÷ profit · 5 yrs
₹1,737 Cr on ₹1,735 Cr
Moves on a normal day
1.50%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 78 Computers - Software & Consulting peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#15/65
P/B#18/65
ROCE#35/76
ROE#26/64
Debt / Equity#44/65
EBITDA margin#38/65
Revenue growth#38/63
Profit growth#26/62

Scorecard

Measured from the filed financials, judged against its Computers - Software & Consulting peers · as of FY26 — not investment advice

Strengths
Revenue compounding 17% a year over 5 years
Returns on capital 17.1% (5-year median)
#35 of 76 in Computers - Software & Consulting on the latest reported figures · down from 22.2% in FY21
Over 5 years it reported ₹1,735 Cr of profit and ₹1,737 Cr of operating cash — 1.00×
Profit is converting into cash
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

MASTEK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from MASTEK LTD's filed financials and exchange disclosures

What does MASTEK LTD do?

MASTEK LTD is a IT - Software company listed on NSE and BSE, trading under the symbol MASTEK.

Is MASTEK LTD profitable?

Yes. Over the trailing twelve months MASTEK LTD reported a net profit of ₹418 Cr on revenue of ₹3,769 Cr.

Does MASTEK LTD pay a dividend?

Yes. The dividend yield is 1.65% at the current price. It paid out 18% of its profit as dividend in FY26.

Is MASTEK LTD debt-free?

On a net basis, yes. It reported borrowings of ₹421 Cr on its 31 Mar 2026 balance sheet, but holds ₹283 Cr more cash than debt.

Is MASTEK LTD expensive compared with its peers?

On trailing P/E, MASTEK LTD ranks 15 of 65 in Computers - Software & Consulting — cheaper than 78% of them, against an industry median of 15.0×. This is a position, not a valuation judgement.

How much does the MASTEK LTD share price move in a day?

On a typical session MASTEK LTD moves 1.50% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track MASTEK LTD's announcements?

Every NSE and BSE filing by MASTEK LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.