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Mastek Limited (MASTEK.NS)

INR1,688.10 -31.40 (-1.83%)
IN NSE Technology Information Technology Services
Address #106, SDF IV 400096
Mumbai, IN
CEO Umang Tejkaran Nahata
Website mastek.com
IPO 2002-07-01
ISIN INE759A01021

Explore sections of this company profile

Also trades on Bombay Stock Exchange · MASTEK.BO (INR) National Stock Exchange of India · MASTEK.NS (INR)
Description

Mastek Limited, along with its subsidiaries, offers comprehensive enterprise technology solutions across numerous international markets, including India, the United Kingdom, Europe, the United States, and the Middle East. The company's diverse service offerings encompass application development, ERP system implementation, cloud migration, digital commerce solutions, ongoing application support and maintenance, business intelligence and analytics, agile consulting, quality assurance testing, and the modernization of legacy systems. Furthermore, Mastek provides expertise in data warehousing and large-scale digital transformation projects. It serves a broad client base, including government entities, healthcare providers, retailers, and financial services firms, among other sectors. Founded in 1982, Mastek Limited is headquartered in Mumbai, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR1,688.10 -31.40 (-1.83%)
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Volume Profile
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Liquidity & share structure
Average Volume
63.7K
Beta
0.19
Float Shares
15.75M
Free Float %
50.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.18% -4.40% -0.19% +5.38% -27.39% -23.09% -35.74% -21.54% -23.55% +967.98% +6,904.44%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,688.10
DCF (Unlevered) 14,597.55 +764.7%
DCF (Levered) 18,816.48 +1,014.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 60% Bullish
Rating 2026-06 Change
Strong Buy 0 0
Buy 3 0
Hold 1 0
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
3.85
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Information Technology Services: +10.1%
    +7.1% Q1'26: +4.5% (vs Q1'25)
  • EPS growth Information Technology Services: +16.7%
    +7.3% Q1'26: +30.8% (vs Q1'25)
  • FCF margin FCF growth · Information Technology Services: +32.8%
    +14.0% Q1'26: +12.4% (vs Q1'25)
  • EBIT margin Information Technology Services: +9.0%
    +13.9% Q1'26: +14.9% (vs Q1'25)
  • ROIC Information Technology Services: +9.5%
    +16.0% Q1'26: +19.1% (vs Q1'25)
  • Share dilution Information Technology Services: +0.0%
    +0.1% Q1'26: +0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Information Technology Services: -0.83×
    0.75× Q1'26: 0.69× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.18) × ERP
WACC = 92% × Ke + 8% × Kd (7.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 14,256.54 Current price: 1,688.10
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
4 Rev. Ana.
3 EPS Ana.
Mar 2027
5 Rev. Ana.
3 EPS Ana.
Mar 2028
5 Rev. Ana.
3 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
9.22B
est: 9.37B (-1.7%)
10.12B
est: 10.14B (-0.2%)
5.27B
est: 5.43B (-3.0%)
5.61B
est: 5.43B (+3.3%)
8.17B
est: 8.14B (+0.4%)
10.33B
est: 10.39B (-0.5%)
10.71B
est: 10.38B (+3.2%)
17.22B
est: 17.02B (+1.2%)
21.84B
est: 21.67B (+0.8%)
25.63B
est: 24.90B (+2.9%)
30.55B
est: 31.42B (-2.8%)
34.55B
est: 34.64B (-0.3%)
37.73B
37.63B – 37.82B
+8.9% YoY
40.75B
39.67B – 41.77B
+8.0% YoY
44.67B
42.93B – 46.61B
+9.6% YoY
49.27B
48.09B – 50.45B
+10.3% YoY
57.30B
55.41B – 59.29B
+16.3% YoY
EBITDA
1.01B
est: 1.85B (-45.2%)
610.77M
est: 1.05B (-41.9%)
353.18M
est: 397.56M (-11.2%)
575.10M
est: 450.17M (+27.8%)
1.21B
est: 816.36M (+47.8%)
1.57B
est: 1.52B (+3.2%)
1.72B
est: 1.56B (+9.9%)
3.92B
est: 2.16B (+81.7%)
4.98B
est: 2.32B (+114.4%)
5.19B
est: 2.78B (+86.6%)
5.19B
est: 5.77B (-10.1%)
5.49B
est: 6.39B (-14.1%)
6.93B
6.91B – 6.94B
+8.4% YoY
7.48B
7.28B – 7.67B
+8.0% YoY
8.20B
7.88B – 8.56B
+9.6% YoY
9.04B
8.83B – 9.26B
+10.3% YoY
10.52B
10.17B – 10.88B
+16.3% YoY
EBIT
682.13M
est: 1.62B (-57.9%)
235.81M
est: 451.13M (-47.7%)
166.44M
est: 48.03M (+246.6%)
398.10M
est: 12.70M (+3,034.7%)
986.00M
est: 499.01M (+97.6%)
1.36B
est: 1.06B (+28.3%)
1.47B
est: 1.15B (+27.7%)
3.47B
est: 1.56B (+122.1%)
4.56B
est: 1.69B (+170.4%)
4.52B
est: 2.02B (+124.0%)
4.22B
est: 5.04B (-16.2%)
4.74B
est: 5.58B (-15.1%)
6.05B
6.03B – 6.06B
+8.4% YoY
6.53B
6.36B – 6.70B
+8.0% YoY
7.16B
6.88B – 7.47B
+9.6% YoY
7.90B
7.71B – 8.09B
+10.3% YoY
9.18B
8.88B – 9.50B
+16.3% YoY
Net Income
517.96M
est: 785.09M (-34.0%)
177.31M
est: 505.81M (-64.9%)
137.45M
est: 106.79M (+28.7%)
369.10M
est: 143.52M (+157.2%)
699.60M
est: 465.41M (+50.3%)
1.01B
est: 888.81M (+14.2%)
1.09B
est: 1.00B (+8.7%)
2.09B
est: 1.56B (+34.3%)
2.95B
est: 1.68B (+75.7%)
2.93B
est: 2.01B (+45.7%)
3.00B
est: 3.02B (-0.5%)
3.76B
est: 3.78B (-0.6%)
3.98B
3.95B – 4.01B
+5.3% YoY
4.41B
4.37B – 4.84B
+10.8% YoY
5.00B
4.88B – 5.60B
+13.4% YoY
6.15B
5.97B – 6.52B
+23.1% YoY
7.06B
6.76B – 7.38B
+14.7% YoY
SGA
1.59B
est: 1.65B (-4.0%)
1.96B
est: 8.04B (-75.6%)
1.53B
est: 957.28M (+59.8%)
1.30B
est: 5.14B (-74.7%)
1.65B
est: 7.17B (-76.9%)
2.36B
est: 8.97B (-73.7%)
2.48B
est: 8.76B (-71.7%)
3.65B
est: 12.99B (-71.9%)
4.86B
est: 14.00B (-65.3%)
5.60B
est: 16.76B (-66.6%)
6.59B
est: 4.21B (+56.6%)
425.20M
est: 4.66B (-90.9%)
5.05B
5.04B – 5.06B
+8.4% YoY
5.45B
5.31B – 5.59B
+8.0% YoY
5.98B
5.75B – 6.24B
+9.6% YoY
6.59B
6.44B – 6.75B
+10.3% YoY
7.67B
7.42B – 7.94B
+16.3% YoY
EPS
21.08
est: 25.20 (-16.3%)
7.94
est: 8.15 (-2.6%)
6.02
est: 5.25 (+14.7%)
13.96
est: 12.50 (+11.7%)
28.14
est: 29.16 (-3.5%)
33.75
est: 42.58 (-20.7%)
45.21
est: 42.42 (+6.6%)
84.92
est: 74.13 (+14.6%)
106.52
est: 96.98 (+9.8%)
97.23
est: 92.17 (+5.5%)
98.01
est: 98.23 (-0.2%)
121.78
est: 121.04 (+0.6%)
127.53
126.62 – 128.53
+5.4% YoY
148.24
140.20 – 155.06
+16.2% YoY
165.62
156.33 – 179.40
+11.7% YoY
199.95
191.37 – 208.97
+20.7% YoY
226.30
216.59 – 236.51
+13.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-12 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-06-11 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-06-10 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-06-09 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-06-08 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-06-05 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-06-04 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-06-03 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-06-02 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-06-01 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-05-29 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-05-27 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-05-26 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-05-25 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-05-22 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-05-21 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-05-20 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-05-19 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-05-18 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-05-15 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-05-14 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-05-13 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-05-12 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-05-11 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-05-08 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-05-07 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-05-06 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-05-05 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-05-04 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-04-30 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-04-29 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-04-28 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-04-27 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-04-24 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-04-23 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-04-22 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-04-21 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-20 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-17 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-16 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
132.20M
OE per share TTM
4.24
Owner's Yield
0.27%
Maintenance CapEx ratio
3.46%
Maint CapEx / Avg PPE
3.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 5 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.01% 1.03M 0.06%
2 Vanguard FTSE Emerging Markets ETF VWO 0.00% 3.26M 0.06%
3 Vanguard ESG International Stock ETF VSGX 0.00% 49.4K 0.10%
4 Vanguard Total International Stock ETF VXUS 0.00% 3.76M 0.05%
5 Vanguard Total World Stock ETF VT 0.00% 232.1K 0.06%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
3.91M
Shares Outstanding
31.00M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Umang Tejkaran Nahata Whole Time Director & Chief Executive Officer 15M male
Ashank Datta Desai Co-Founder & Non-Executive Chairman of the Board 5M male
Ketan Bansilal Mehta Co-Founder and Non-Executive & Non-Independent Director 4M male
Radhakrishnan Sundar Co-Founder 454.6K male
Prameela Nagamalati Kalive Chief Operating Officer female
Reena Raje Company Secretary & Compliance Officer female
Ritwik Batabyal Chief Technology & Innovation Officer male
Abhishek Singh President of UKI & Europe male
Vimalsingh Dangri Chief Human Resources Officer male
Amit Gajwani Chief Operating Officer male
Deepak Kedia Chief Financial Officer male
Prajakta Talvelkar Chief Marketing Officer female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits