MASTEK
Mastek Limited (MASTEK) Stock Analysis
Mastek Limited is an Indian IT services company delivering digital transformation, cloud, and data solutions to UK and US public sector and commercial clients. It has strengths in government systems modernisation and enterprise applications. Revenue is predominantly international. It is listed on Indian stock exchanges.
Technology › Information Technology Services
₹1,486.10
-17.82% 1W | -31.90% 52W
Market Cap
4.6k CR
P/E Ratio
10.9
52W High
₹2369
52W Low
₹1334.2
Div. Yield
1.6%
Beta
0.3
50 DMA
₹1620.7
200 DMA
₹1655.2
Profit Margin
11.1%
Inst. Own.
24.1%
📊 ANALYZING TREND
✅ BOUNCE FROM SUPPORT
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 725 | 766 | 784 | 780 | 813 | 867 | 870 | 905 | 915 | 940 | 906 | 938 | 985 |
| Expenses | 598 | 642 | 651 | 655 | 689 | 724 | 729 | 767 | 777 | 795 | 754 | 787 | 834 |
| Operating Profit | 127 | 123 | 134 | 125 | 124 | 143 | 141 | 139 | 137 | 146 | 152 | 151 | 151 |
| OPM % | 18% | 16% | 17% | 16% | 15% | 16% | 16% | 15% | 15% | 15% | 17% | 16% | 15% |
| Other Income | 2 | 1 | 3 | 5 | 4 | 17 | 13 | -5 | 11 | 15 | 14 | 0 | 12 |
| Interest | 9 | 13 | 13 | 9 | 9 | 11 | 12 | 10 | 9 | 9 | 7 | 7 | 7 |
| Depreciation | 20 | 21 | 22 | 27 | 20 | 20 | 17 | 19 | 18 | 18 | 18 | 18 | 18 |
| Profit before tax | 100 | 90 | 102 | 94 | 99 | 129 | 126 | 106 | 121 | 134 | 141 | 125 | 138 |
| Tax % | 27% | 28% | 24% | -1% | 28% | 0% | 25% | 23% | 24% | 27% | 23% | 15% | 24% |
| Net Profit | 74 | 65 | 78 | 94 | 72 | 129 | 95 | 81 | 92 | 97 | 108 | 106 | 106 |
| EPS in Rs | 22.91 | 20.50 | 24.56 | 29.85 | 23.18 | 41.68 | 30.67 | 26.20 | 29.75 | 31.46 | 34.96 | 34.24 | 34.15 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,013 | 527 | 560 | 817 | 1,033 | 1,071 | 1,722 | 2,184 | 2,563 | 3,055 | 3,455 | 3,699 | 3,769 |
| Expenses | 965 | 509 | 515 | 718 | 902 | 916 | 1,357 | 1,721 | 2,108 | 2,546 | 2,909 | 3,113 | 3,170 |
| Operating Profit | 47 | 18 | 45 | 100 | 132 | 156 | 364 | 463 | 456 | 509 | 546 | 586 | 600 |
| OPM % | 4.7% | 3.5% | 8% | 12% | 13% | 15% | 21% | 21% | 18% | 17% | 16% | 16% | 16% |
| Other Income | 14 | 15 | 12 | 21 | 25 | 17 | 28 | 36 | 64 | 12 | 30 | 40 | 42 |
| Interest | 1 | 0 | 4 | 6 | 6 | 4 | 8 | 8 | 25 | 44 | 42 | 32 | 30 |
| Depreciation | 37 | 16 | 15 | 19 | 17 | 25 | 45 | 43 | 67 | 90 | 75 | 73 | 73 |
| Profit before tax | 22 | 16 | 39 | 96 | 133 | 144 | 339 | 448 | 427 | 386 | 459 | 521 | 539 |
| Tax % | 20% | 17% | 17% | 27% | 24% | 21% | 26% | 26% | 27% | 19% | 18% | 22% | |
| Net Profit | 18 | 14 | 32 | 70 | 101 | 114 | 252 | 333 | 310 | 311 | 376 | 404 | 418 |
| EPS in Rs | 7.86 | 5.97 | 13.86 | 29.53 | 42.33 | 44.82 | 82.97 | 98.32 | 95.99 | 97.36 | 121.50 | 130.33 | 134.81 |
| Dividend Payout % | 32% | 42% | 25% | 20% | 20% | 18% | 17% | 19% | 20% | 20% | 19% | 18% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 13.0% | 17.0% | 22.0% |
| Profit CAGR | 15.0% | 15.0% | 42.0% |
Shareholding Pattern
Promoters35.96%
FIIs11.05%
DIIs10.52%
Public42.47%
Promoters35.79%
FIIs11.24%
DIIs11.52%
Public41.45%
Promoters35.78%
FIIs10.27%
DIIs12.65%
Public41.31%
Promoters35.77%
FIIs8.03%
DIIs19.02%
Public37.18%
Promoters35.77%
FIIs7.45%
DIIs19.86%
Public36.94%
Promoters36.75%
FIIs13.14%
DIIs4.80%
Public45.30%
Promoters36.26%
FIIs14.40%
DIIs7.07%
Public42.26%
Promoters35.97%
FIIs10.00%
DIIs9.84%
Public44.19%
Promoters35.77%
FIIs8.03%
DIIs19.02%
Public37.18%
Promoters35.77%
FIIs7.45%
DIIs19.86%
Public36.94%
MASTEK
Holdings Analysis
Key strengths & risk signals
70
Overall
66
Fundamental
74
Technical
Risks (3)
TOO MUCH PUBLIC HOLDING! 44.14% public ownership - higher volatility risk.
WEAK YEAR! Stock declined 10.2% in the last year.
BEARISH TREND! 50-day average (1678.5) is below 200-day average (1696.4) - negative signal.
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 127,590 vs down days: 82,043. Ratio: 1.56x
LOW VOLATILITY! Beta of 0.30 - stable stock, less market risk.
STRONG POSITION! Current price (1808.4) is above both moving averages.
Fundamental & Technical Analysis
70Overall
66Fundamental
74Technical
Fundamental Breakdown
Growth Quality
22/30
Revenue CAGR: 13.0% (GOOD, 11/15). Profit CAGR: 11.3% (GOOD, 11/15).
Profit Margin
5/10
DECENT EFFICIENCY! 11.1% profit margin - acceptable profitability.
PEG Valuation
9/10
FAIRLY VALUED! PEG of 1.19 indicates reasonable valuation.
Dividend Yield
5/10
LOW DIVIDEND! 1.31% yield - minimal income contribution.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.24 - excellent financial health.
Public Holding
5/20
TOO MUCH PUBLIC HOLDING! 44.14% public ownership - higher volatility risk.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
3/10
BEARISH TREND! 50-day average (1678.5) is below 200-day average (1696.4) - negative signal.
Price Position
8/10
STRONG POSITION! Current price (1808.4) is above both moving averages.
Trend Pattern
16/20
TESTING SUPPORT! Stock is at key support level.
52W Performance
2/10
WEAK YEAR! Stock declined 10.2% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 127,590 vs down days: 82,043. Ratio: 1.56x
RSI
3/5
BULLISH! RSI at 65.1 - positive momentum.
52W Range
3/5
MID RANGE! Trading at 45.8% of 52W range - neutral zone.
Momentum
4/5
GOOD MOMENTUM! Price has grown across all timeframes - up 9.9% (1 week), 13.9% (1 month), 3.5% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.30 - stable stock, less market risk.
MASTEK
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-07-28 | Concall PDF | |
| Q3FY262026-01-28 | Concall PDF | |
| Q1FY262025-10-24 | Concall PDF |
Peer Comparison
Technology · Information Technology Services · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MASTEK | ₹1,486.10 | 10.9 | 11.1% | 13.0% | 11.3% | -31.9% | 70 | BOUNCE FROM SUPPORT | – | -0.2% | +8.3% | +3.4% |
| HAPPSTMNDS | ₹317.60 | 20.7 | 9.4% | 17.4% | -2.7% | -37.9% | 55 | BOUNCE FROM SUPPORT | – | -8.0% | – | +2.7% |
| DATAMATICS | ₹734.40 | 20.1 | 10.8% | 10.8% | 0.9% | -15.9% | 56 | CONSOLIDATING DOWN | – | +1.5% | – | +6.4% |
| RSYSTEMS | ₹261.90 | 16.8 | 9.4% | 8.9% | 10.1% | -36.0% | 64 | CONSOLIDATION | -26.7% | -15.0% | +30.2% | +4.7% |
| PROTEAN | ₹719.60 | 35.5 | 8.0% | 10.6% | -2.1% | -20.5% | 67 | BREAKOUT | -75.2% | -80.6% | +19.1% | -18.4% |
| RPSGVENT | ₹859.60 | – | 0.1% | 16.5% | – | +2.5% | 56 | APPROACHING RESISTANCE | +9.6% | -258.4% | +20.4% | +22.2% |
| SASKEN | ₹1,718.70 | 31.1 | 6.8% | 35.5% | -18.5% | +16.8% | 65 | BREAKOUT | +150.0% | -1.6% | +25.6% | -5.4% |
| SAKSOFT | ₹134.90 | 13.5 | 12.9% | 14.8% | 17.6% | -34.3% | 67 | APPROACHING RESISTANCE | -9.3% | -18.4% | -0.2% | -0.1% |
Data from TradeAlone · Updated daily
MASTEK News
Mastek Limited Q2fy27: Revenue Up 3.4%, Secures Key AI Deals2026-10-23Mastek Limited (mastek) Selected by Staffordshire County Council to Drive AI Enabled Oracle Cloud Transformation2026-10-08Mastek Limited (mastek) Reimagines Enterprise Software with Ai-native Services as Software (sas)2026-10-05Mastek Limited (NSE: Mastek) Partners with Innovaccer to Accelerate Ai-powered Healthcare Transformation2026-08-03Mastek Limited (NSE: MASTEK) breaks out, gains 5% intraday2026-07-28Mastek Limited (MASTEK) breaks out, gains 5% intraday2026-07-13Mastek Limited (mastek) Partners with Yanbu Cement Company to Modernise Production2026-06-29Mastek Limited (NSE: Mastek) Appoints Amit Gajwani as Chief Operating Officer2026-05-18
