What is Mastek Ltd's market cap?

Mastek Ltd (MASTEK) has a market capitalization of ₹5,426 Cr.

What sector is MASTEK in?

Mastek Ltd operates in the IT Services — Software & Consulting sector.

What is MASTEK's return on equity?

Mastek Ltd has a return on equity (ROE) of 14.2%.

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Mastek Ltd (MASTEK) — Analysis, Financials, Intelligence | The Stock Filter

The Organism · Company Intelligence

Mastek Ltd

MASTEK|BSE: 523704

IT Services — Software & ConsultingTechnology & Digitalwww.mastek.com

—

—|MCap ₹5,426 Cr

Mastek Ltd. engages in the provision of enterprise technology solutions. The company is headquartered in Mumbai, Maharashtra and currently employs 5,622 full-time employees. The firm is a provider of

Secular Currents

Theme Connections

SAAS IT Services AI ML Adoption Digital Infra Fintech Penetration

Intelligence Profile

TSF Score

50/100

Concall Signalcautious0d ago

Management tone is cautious

EBITDA marginhealthcare growth UKData & AI capabilities expansionoperational efficiency focus

The Vitals · Company Health

Health Indicators

Shenanigan Score

5High Risk

Auditor Opinion

Clean

Walker Chandiok & Co. LLP

Trust Score

X-Ray

Concerns

No significant concerns identified

Watch

Nothing flagged for monitoring

Strengths

🟢Efficient capital deployment (ROCE: 17.6%)Business
🟢Good profitability (Net margin: 10.2%)Business
🟢Healthy revenue growth (16.1% CAGR 3yr)Business
🟢Low leverage (D/E: 0.19x)Business
🟢Consistent dividend payerOpportunity

The Numbers · Key Metrics

ROE

14.2%

Revenue Growth 3yr

16.1%

Debt/Equity

0.19x

₹4,966 Cr

The Narrator · StoryTel Intelligence

FY2025IT Services — Software & ConsultingProduct Sales ModelModel:Revenue = Billable Headcount × Utilization Rate × Billing Rate + Fixed-Fee Contract Revenue

Key Insight

“Services business in IT Services — Software & Consulting.”

The Revenue Story

₹3,455 Cr service revenue.

Total Income₹3,478 Cr

Revenue₹3,455 Cr(99.4% of Total Income)

Other Income₹22 Cr(0.6% of Total Income)

The Cost Story

Employee costs at 53.8% of revenue — primary cost driver.

Employee₹1,859 Cr(52.0%)

Other Expenses₹1,050 Cr(29.4%)

EBITDA₹546 Cr(15.3%)

Depreciation₹75 Cr(2.1%)

Finance Costs₹42 Cr(1.2%)

0.2%EBITDA Margin

Employee

52.0%

Other Expenses

29.4%

EBITDA

15.3%

Depreciation

2.1%

Finance Costs

1.2%

Key Metrics

ROE

14.2%

vs median 9.7%

ROCE

17.6%

vs median 13.1%

Net Margin

10.2%

vs median 9.3%

EBITDA Margin

16.4%

vs median 16.8%

Debt To Equity

0.19x

vs median 0.03x

Rev Growth 3yr

16.1%

vs median 13.7%

EPS Growth 3yr

7.3%

vs median 7.3%

Employee Cost Ratio

53.80x

Forward View · Management Guidance

GUIDANCEQ3FY26— 2High Impact

“We feel comfortable in the 16 and a half, 17% EBITDA band”

FINANCIALQ2FY26— 1High Impact

“operating EBITDA of 15.”

FINANCIALQ2FY26— 1High Impact

“operating revenue is concerned, the operating revenue for the quarter landed at INR $9.”

The Context · Where does it sit?

Sector Context

The Canopy · Sector KPIs

Sector KPIs

IT Services — Software & Consulting

KPI	Company	Sector Median
ROE	14.2%▲	9.7%
ROCE	17.6%▲	13.1%
Net Margin	10.2%▲	9.3%
EBITDA Margin	16.4%▼	16.8%
Debt To Equity	0.19x▲	0.03x
Rev Growth 3yr	16.1%▲	13.7%
EPS Growth 3yr	7.3%	7.3%
Employee Cost Ratio	53.80x	-

The Market · What is the market saying?

Market Signals

The Antenna · Media Intelligence

Media Signal

Moderate Impact

7d+0.83→30d+0.83

Based on 1 article (0 in last 7 days)

The Numbers · Show me the data

Financials

No valuation data

Historical valuation data not available.

Financials

Revenue36661700000.00x

PBT₹502 Cr

EPS₹122.37

(₹ Cr)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Other Income	₹50 Cr +125.0%	₹22 Cr +39.2%	₹16 Cr -58.2%	₹38 Cr +6.1%	₹36 Cr +29.3%	₹28 Cr -32.4%	₹41 Cr +66.7%	₹25 Cr
Total Income	₹3,716 Cr +6.9%	₹3,478 Cr +13.2%	₹3,071 Cr +18.0%	₹2,602 Cr +17.2%	₹2,220 Cr +26.9%	₹1,750 Cr +57.2%	₹1,113 Cr +5.2%	₹1,058 Cr
	₹3,206 Cr +6.0%	₹3,026 Cr +12.9%	₹2,681 Cr +21.9%	₹2,200 Cr +24.1%	₹1,772 Cr +25.6%	₹1,410 Cr +49.3%	₹945 Cr +2.1%	₹925 Cr
Profit Before Tax	₹502 Cr +9.3%	₹459 Cr +18.9%	₹386 Cr -9.6%	₹427 Cr -4.6%	₹448 Cr +32.0%	₹339 Cr +135.5%	₹144 Cr +8.0%	₹133 Cr
Exceptional Items	(₹8 Cr) ↓ Decline	₹8 Cr ↑ Recovery	(₹4 Cr) ↓ Decline	₹25 Cr	₹0.00 Cr	₹0.00 Cr +100.0%	(₹24 Cr) ↓ Decline	₹0.55 Cr
	₹123 Cr +47.8%	₹83 Cr +10.6%	₹75 Cr -35.8%	₹117 Cr +2.2%	₹115 Cr +30.9%	₹88 Cr +189.3%	₹30 Cr -5.2%	₹32 Cr
Net Profit	₹379 Cr +0.8%	₹376 Cr +20.9%	₹311 Cr +0.2%	₹310 Cr -6.9%	₹333 Cr +32.4%	₹252 Cr +121.2%	₹114 Cr +12.2%	₹101 Cr
Profit (Owners)	₹379 Cr +0.8%	₹376 Cr +25.2%	₹300 Cr +2.5%	₹293 Cr -0.7%	₹295 Cr +41.0%	₹209 Cr +92.3%	₹109 Cr +7.3%	₹101 Cr
Other Comprehensive Income	₹131 Cr +171.1%	₹48 Cr +132.0%	₹21 Cr -68.4%	₹66 Cr +155.9%	₹26 Cr -81.2%	₹137 Cr	₹8 Cr -91.2%	₹88 Cr
EPS	₹122.37	₹121.50	₹97.36	₹95.99	₹98.32	₹82.97	₹44.82	₹42.33
Diluted Shares	₹3 Cr	₹3 Cr	₹3 Cr	₹3 Cr	₹3 Cr	₹3 Cr	₹2 Cr	₹2 Cr