About
Mastek Limited, together with its subsidiaries, engages in the provision of enterprise technology solutions in India, the United Kingdom, Europe, North America, Middle East region, South-east Asia, India, Singapore, Australia, and internationally. The company offers digital engineering and experience services, such as cloud migration, cloud engineering, low code, devsecops, quality engineering, MACH, platform engineering, digital experience, digital commerce, and enterprise integrations; data and artificial intelligence (AI) services, including cloud data modernization, cloud engineering, data governance, business intelligence and analytics, intelligent automation, decision sciences and ML, and AI; oracle cloud services, comprising AI, cloud applications, Glide 4.0, e-business suite, consulting, advantedge IaaS, SAP to cloud migration, PeopleSoft to cloud migration, analytics cloud, cloud infrastructure, autonomous data warehouse, value-based analytics, and oracle cloud; and salesforce, such as sales cloud, service cloud, experience cloud, marketing cloud, commerce cloud, industry cloud, mulesoft, data cloud, and Agentforce. It also provides managed platforms; and strategy and consulting services. In addition, The company is involved in the software application development and maintenance, and IT consulting and related activities. It serves government, public sector, healthcare, life science, retail, consumer, manufacturing and technology, financial services, higher education, construction and engineering, hospitality, transportation and logistics, high tech, and media and entertainment industries. Mastek Limited was incorporated in 1982 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Quarterly Results
Rs. Crores ยท hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 985.00 | 938.00 | 906.00 | 940.00 | 915.00 | 905.00 | 870.00 | 867.00 | 813.00 | 780.00 | 784.00 | 766.00 | 725.00 |
| Expenses | 834.00 | 787.00 | 754.00 | 795.00 | 777.00 | 767.00 | 729.00 | 724.00 | 689.00 | 655.00 | 651.00 | 642.00 | 598.00 |
| Operating Profit | 151.00 | 151.00 | 152.00 | 146.00 | 137.00 | 139.00 | 141.00 | 143.00 | 124.00 | 125.00 | 134.00 | 123.00 | 127.00 |
| OPM % | 15.00 | 16.00 | 17.00 | 15.00 | 15.00 | 15.00 | 16.00 | 16.00 | 15.00 | 16.00 | 17.00 | 16.00 | 18.00 |
| Other Income | 12.00 | 0.00 | 14.00 | 15.00 | 11.00 | -5.00 | 13.00 | 17.00 | 4.00 | 5.00 | 3.00 | 1.00 | 2.00 |
| Depreciation | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 19.00 | 17.00 | 20.00 | 20.00 | 27.00 | 22.00 | 21.00 | 20.00 |
| Interest | 7.00 | 7.00 | 7.00 | 9.00 | 9.00 | 10.00 | 12.00 | 11.00 | 9.00 | 9.00 | 13.00 | 13.00 | 9.00 |
| Profit before tax | 138.00 | 125.00 | 141.00 | 134.00 | 121.00 | 106.00 | 126.00 | 129.00 | 99.00 | 94.00 | 102.00 | 90.00 | 100.00 |
| Tax % | 24.00 | 15.00 | 23.00 | 27.00 | 24.00 | 23.00 | 25.00 | 0.00 | 28.00 | -1.00 | 24.00 | 28.00 | 27.00 |
| Net Profit | 106.00 | 106.00 | 108.00 | 97.00 | 92.00 | 81.00 | 95.00 | 129.00 | 72.00 | 94.00 | 78.00 | 65.00 | 74.00 |
| EPS in Rs | 34.15 | 34.24 | 34.96 | 31.46 | 29.75 | 26.20 | 30.67 | 41.68 | 23.18 | 29.85 | 24.56 | 20.50 | 22.91 |
Profit & Loss
Annual ยท Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,699.00 | 3,455.00 | 3,055.00 | 2,563.00 | 2,184.00 | 1,722.00 | 1,071.00 | 1,033.00 | 817.00 | 560.00 | 527.00 | 1,013.00 |
| Expenses | 3,113.00 | 2,909.00 | 2,546.00 | 2,108.00 | 1,721.00 | 1,357.00 | 916.00 | 902.00 | 718.00 | 515.00 | 509.00 | 965.00 |
| Operating Profit | 586.00 | 546.00 | 509.00 | 456.00 | 463.00 | 364.00 | 156.00 | 132.00 | 100.00 | 45.00 | 18.00 | 47.00 |
| OPM % | 16.00 | 16.00 | 17.00 | 18.00 | 21.00 | 21.00 | 15.00 | 13.00 | 12.00 | 8.00 | 3.50 | 4.70 |
| Other Income | 40.00 | 30.00 | 12.00 | 64.00 | 36.00 | 28.00 | 17.00 | 25.00 | 21.00 | 12.00 | 15.00 | 14.00 |
| Interest | 32.00 | 42.00 | 44.00 | 25.00 | 8.00 | 8.00 | 4.00 | 6.00 | 6.00 | 4.00 | 0.00 | 1.00 |
| Depreciation | 73.00 | 75.00 | 90.00 | 67.00 | 43.00 | 45.00 | 25.00 | 17.00 | 19.00 | 15.00 | 16.00 | 37.00 |
| Profit before tax | 521.00 | 459.00 | 386.00 | 427.00 | 448.00 | 339.00 | 144.00 | 133.00 | 96.00 | 39.00 | 16.00 | 22.00 |
| Tax % | 22.00 | 18.00 | 19.00 | 27.00 | 26.00 | 26.00 | 21.00 | 24.00 | 27.00 | 17.00 | 17.00 | 20.00 |
| Net Profit | 404.00 | 376.00 | 311.00 | 310.00 | 333.00 | 252.00 | 114.00 | 101.00 | 70.00 | 32.00 | 14.00 | 18.00 |
| EPS in Rs | 130.33 | 121.50 | 97.36 | 95.99 | 98.32 | 82.97 | 44.82 | 42.33 | 29.53 | 13.86 | 5.97 | 7.86 |
| Dividend Payout % | 18.00 | 19.00 | 20.00 | 20.00 | 19.00 | 17.00 | 18.00 | 20.00 | 20.00 | 25.00 | 42.00 | 32.00 |
Balance Sheet
Annual ยท Rs. Crores โ latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16.00 | 15.00 | 15.00 | 15.00 | 15.00 | 13.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 11.00 |
| Reserves | 2,976.00 | 2,447.00 | 2,072.00 | 1,668.00 | 1,056.00 | 846.00 | 778.00 | 704.00 | 537.00 | 457.00 | 308.00 | 585.00 |
| Borrowings | 438.00 | 583.00 | 519.00 | 404.00 | 203.00 | 273.00 | 335.00 | 70.00 | 70.00 | 66.00 | 0.00 | 29.00 |
| Other Liabilities | 863.00 | 758.00 | 1,045.00 | 1,024.00 | 1,193.00 | 1,146.00 | 763.00 | 179.00 | 202.00 | 170.00 | 108.00 | 207.00 |
| Total Liabilities | 4,293.00 | 3,803.00 | 3,652.00 | 3,111.00 | 2,467.00 | 2,277.00 | 1,888.00 | 966.00 | 821.00 | 705.00 | 428.00 | 832.00 |
| Fixed Assets | 1,938.00 | 1,818.00 | 1,950.00 | 1,740.00 | 841.00 | 807.00 | 857.00 | 167.00 | 179.00 | 180.00 | 66.00 | 279.00 |
| CWIP | 2.00 | 2.00 | 1.00 | 7.00 | 4.00 | 2.00 | 2.00 | 1.00 | 2.00 | 0.00 | 0.00 | 1.00 |
| Investments | 234.00 | 178.00 | 94.00 | 69.00 | 66.00 | 234.00 | 276.00 | 396.00 | 284.00 | 274.00 | 50.00 | 54.00 |
| Other Assets | 2,119.00 | 1,805.00 | 1,607.00 | 1,296.00 | 1,556.00 | 1,235.00 | 754.00 | 401.00 | 356.00 | 251.00 | 312.00 | 498.00 |
| Total Assets | 4,293.00 | 3,803.00 | 3,652.00 | 3,111.00 | 2,467.00 | 2,277.00 | 1,888.00 | 966.00 | 821.00 | 705.00 | 428.00 | 832.00 |
Cash Flows
Annual ยท Rs. Crores โ latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 542.00 | 396.00 | 420.00 | 108.00 | 273.00 | 287.00 | 184.00 | 75.00 | 65.00 | 43.00 | 32.00 | 59.00 |
| Cash from Investing Activity | 2.00 | -260.00 | -249.00 | -719.00 | -26.00 | 218.00 | -262.00 | -54.00 | -18.00 | -127.00 | -84.00 | -28.00 |
| Cash from Financing Activity | -300.00 | -57.00 | 2.00 | 93.00 | -128.00 | -118.00 | 205.00 | -16.00 | -7.00 | 65.00 | -4.00 | 22.00 |
| Net Cash Flow | 244.00 | 80.00 | 173.00 | -519.00 | 119.00 | 387.00 | 127.00 | 5.00 | 40.00 | -20.00 | -57.00 | 53.00 |
| Free Cash Flow | 515.00 | 378.00 | 391.00 | 126.00 | 237.00 | 276.00 | 169.00 | 60.00 | 50.00 | 31.00 | 20.00 | 10.00 |
| CFO/OP % | 121.00 | 95.00 | 104.00 | 53.00 | 83.00 | 92.00 | 149.00 | 80.00 | 74.00 | 102.00 | 199.00 | 121.00 |
Ratios
Annual ยท Days / % โ latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 57.00 | 55.00 | 67.00 | 72.00 | 73.00 | 79.00 | 108.00 | 74.00 | 78.00 | 55.00 | 67.00 | 48.00 |
| Cash Conversion Cycle | 57.00 | 55.00 | 67.00 | 72.00 | 73.00 | 79.00 | 108.00 | 74.00 | 78.00 | 55.00 | 67.00 | 48.00 |
| Working Capital Days | 19.00 | 28.00 | -1.00 | 34.00 | -20.00 | -35.00 | 4.00 | 38.00 | 15.00 | 29.00 | 38.00 | 25.00 |
| ROCE % | 18.00 | 17.00 | 18.00 | 23.00 | 32.00 | 26.00 | 16.00 | 19.00 | 17.00 | 10.00 | 3.00 | 5.00 |
Corporate Actions
46 records| Action | Ex Date | Record Date | Ratio | Amount (โน) | Notes |
|---|---|---|---|---|---|
| Dividend | 30 Jan 2026 | 30 Jan 2026 | โ | 8.00 | |
| Dividend | 12 Sep 2025 | 12 Sep 2025 | โ | 16.00 | |
| Dividend | 24 Jan 2025 | 24 Jan 2025 | โ | 7.00 | |
| Dividend | 17 Sep 2024 | 18 Sep 2024 | โ | 12.00 | |
| Other | 17 Sep 2024 | โ | โ | โ | Annual General Meeting |
| Dividend | 25 Jan 2024 | 27 Jan 2024 | โ | 7.00 | |
| Dividend | 18 Sep 2023 | โ | โ | 12.00 | |
| Dividend | 01 Feb 2023 | 01 Feb 2023 | โ | 7.00 | |
| Dividend | 08 Sep 2022 | โ | โ | 12.00 | |
| Dividend | 31 Jan 2022 | 01 Feb 2022 | โ | 7.00 | |
| Dividend | 23 Sep 2021 | โ | โ | 9.00 | |
| Dividend | 09 Nov 2020 | 10 Nov 2020 | โ | 5.50 | |
| Other | 22 Oct 2020 | โ | โ | โ | Annual General Meeting |
| Dividend | 23 Mar 2020 | 25 Mar 2020 | โ | 5.00 | |
| Dividend | 24 Oct 2019 | 26 Oct 2019 | โ | 3.00 | |
| Dividend | 11 Jul 2019 | โ | โ | 5.00 | |
| Dividend | 06 Nov 2018 | 09 Nov 2018 | โ | 3.50 | |
| Dividend | 11 Jul 2018 | โ | โ | 4.00 | |
| Other | 11 Jul 2018 | โ | โ | โ | Annual General Meeting/Dividend Rs- 4 Per Share |
| Dividend | 07 Nov 2017 | 08 Nov 2017 | โ | 2.00 | |
| Dividend | 14 Jun 2017 | โ | โ | 2.50 | |
| Dividend | 01 Nov 2016 | 02 Nov 2016 | โ | 1.00 | |
| Other | 14 Jul 2016 | โ | โ | โ | Annual General Meeting |
| Dividend | 22 Mar 2016 | 23 Mar 2016 | โ | 1.00 | |
| Dividend | 28 Jan 2016 | 29 Jan 2016 | โ | 1.50 | |
| Dividend | 06 Aug 2015 | โ | โ | 1.00 | |
| Other | 12 Jun 2015 | 15 Jun 2015 | โ | โ | Spin Off |
| Other | 12 Jun 2015 | 15 Jun 2015 | โ | โ | Scheme Of Arrangement |
| Dividend | 03 Feb 2015 | 04 Feb 2015 | โ | 1.50 | |
| Dividend | 04 Jul 2014 | โ | โ | 2.75 | |
| Dividend | 05 Nov 2013 | 06 Nov 2013 | โ | 1.75 | |
| Dividend | 04 Jul 2013 | โ | โ | 3.00 | |
| Other | 04 Jul 2013 | โ | โ | โ | Annual General Meeting / Dividend Rs.3/- Per Equity Share |
| Other | 24 Sep 2012 | โ | โ | โ | Annual General Meeting |
| Other | 14 Sep 2011 | โ | โ | โ | Annual General Meeting |
| Dividend | 21 Sep 2010 | โ | โ | 1.25 | |
| Dividend | 15 Jan 2010 | 18 Jan 2010 | โ | 2.00 | |
| Dividend | 22 Sep 2009 | โ | โ | 7.50 | |
| Dividend | 15 Jan 2009 | 16 Jan 2009 | โ | 2.50 | |
| Dividend | 25 Sep 2008 | โ | โ | 6.50 | |
| Dividend | 15 Jan 2008 | 16 Jan 2008 | โ | 3.50 | |
| Dividend | 27 Sep 2007 | โ | โ | 4.50 | |
| Dividend | 16 Jan 2007 | 17 Jan 2007 | โ | 3.00 | |
| Dividend | 28 Sep 2006 | โ | โ | 3.50 | |
| Dividend | 08 Sep 2005 | โ | โ | 5.50 | |
| Dividend | 03 Sep 2001 | โ | โ | 2.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results โ Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update5 Mar from icra
-
Rating update28 Feb 2025 from icra
-
Rating update5 Feb 2024 from icra
-
Rating update2 Mar 2023 from icra
-
Rating update1 Dec 2020 from icra
-
Rating update21 Apr 2020 from icra
Conference Calls
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript