Mastek Limited

Information Technology · IT - Software

NSE: MASTEK BSE: 523704

₹1562.80

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in IT - Software

The largest companies in the same industry by market cap. This company ranks #25 of 126. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Tata Consultancy Services Limited	741,925	14.8	45.6%	-29.6%	3.17%	98	27	11
Infosys Limited	403,364	13.4	31.6%	-31.2%	4.83%	98	73	11
HCL Technologies Limited	333,781	28.3	22.1%	-11.5%	4.88%	93	29	14
Wipro Limited	156,971	14.7	15.0%	-34.3%	5.05%	83	83	10
Tech Mahindra Limited	149,361	39.1	16.0%	7.6%	—	78	10	31
LTM Limited	119,983	24.6	20.7%	-21.0%	1.85%	78	21	12
Oracle Financial Services Software Limited	92,558	26.0	33.7%	21.8%	3.76%	80	12	29
Persistent Systems Limited	83,276	49.3	23.8%	6.5%	—	82	25	31
Mastek Limited (this stock)	4,845	26.7	13.5%	-29.2%	1.54%	76	71	14

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹4,823 Cr

EV / EBITDA

21.0x

EV / Sales

5.30x

Market cap / Sales

5.32x

Earnings yield

3.75%

Quarterly Financials

Download CSV

Standalone Consolidated

↓ Negative

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 227 Cr, down 10.8% YoY.

↓ Negative

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 21 Cr, down 50.3% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	221	28	21	₹6.7100
March 31, 2026	245	56	57	₹18.4400
Dec. 31, 2025	226	35	28	₹9.1000
Sept. 30, 2025	218	84	75	₹24.2900
June 30, 2025	229	57	42	₹13.5400
March 31, 2025	126	49	44	₹14.1000
Dec. 31, 2024	120	-2	-1	₹-0.4400
Sept. 30, 2024	127	73	64	₹20.7400
June 30, 2024	115	20	14	₹4.6580
March 31, 2024	102	37	37	₹12.1300
Dec. 31, 2023	98	22	16	₹5.3600
Sept. 30, 2023	90	49	45	₹14.7460
June 30, 2023	83	8	14	₹4.6300

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	227	282	240	277	255	157	124	183	118	126	106	128	85
Operating revenue	221	245	226	218	229	126	120	127	115	102	98	90	83
Other income	6	37	14	58	26	32	5	56	3	24	8	38	2
Operating expenses	192	191	199	187	190	104	123	104	93	84	—	77	74
Operating profit	29	53	27	32	39	21	-4	22	22	18	—	13	9
Operating profit margin	13.3%	21.8%	11.9%	14.5%	16.8%	16.9%	-3.0%	17.4%	19.1%	17.3%	—	14.9%	11.3%
Depreciation	7	6	6	6	7	3	2	4	4	3	3	3	3
Interest	0	0	0	0	0	0	1	1	1	1	—	0	0
Exceptional items, gain / (loss)	—	-27	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	28	56	35	84	57	49	-2	73	20	37	22	49	8
Tax	7	-1	6	8	15	5	-1	9	5	0	6	4	-6
Net profit	21	—	28	75	42	44	-1	64	14	37	16	45	14
EPS	6.71	18.44	9.10	24.29	13.54	14.10	-0.44	20.74	4.66	12.13	5.36	14.75	4.63
Net profit (TTM)	—	—	189	159	148	121	114	132	113	113	128	130	146
EPS (TTM)	58.54	65.37	61.03	51.49	47.94	39.06	37.09	42.89	36.89	36.87	41.89	42.87	48.44

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	918	232	202
March 31, 2025	486	139	121
March 31, 2024	373	117	113
March 31, 2023	313	166	132

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	39.6%	36.5%	1,053^†	582^†	445^†	387^†	330^†	222^†	212^†	224^†	186^†	54^†
Operating revenue	43.1%	37.4%	918	486	373	313	257^†	187^†	163^†	189^†	162^†	42^†
Other income	—	—	135^†	96^†	72^†	73^†	74^†	35^†	49^†	35^†	23^†	11^†
Operating expenses	—	—	767^†	425^†	—	266^†	223^†	170^†	160^†	173^†	147^†	141^†
Operating profit	47.3%	53.9%	151^†	61^†	—	47^†	34^†	17^†	3^†	17^†	15^†	-99^†
Operating profit margin	—	—	16.4%^†	12.6%^†	—	15.0%^†	13.2%^†	9.3%^†	2.1%^†	8.9%^†	9.5%^†	-233.8%^†
Depreciation	—	—	26^†	14^†	12^†	13^†	12^†	11^†	11^†	12^†	11^†	12^†
Interest	—	—	1^†	4^†	—	0^†	1^†	1^†	0^†	0^†	0^†	0^†
Exceptional items, gain / (loss)	—	—	-27^†	0^†	0^†	59^†	-1^†	-7^†	-7^†	0^†	0^†	-3^†
Profit before tax	11.8%	46.8%	232	139	117	166	94^†	34^†	34^†	39^†	27^†	26^†
Tax	—	—	29^†	19^†	4^†	34^†	19^†	18^†	6^†	9^†	12^†	1^†
Net profit	15.3%	65.2%	202	121	113	132	75^†	16^†	27^†	31^†	16^†	25^†
EPS	14.3%	58.2%	65.37^†	39.06^†	36.87^†	43.77^†	27.15^†	6.60^†	11.39^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	16.4%^†	12.6%^†	—	15.0%^†	13.2%^†	9.3%^†	2.1%^†	8.9%^†	9.5%^†	-233.8%^†
EBIT margin	25.4%^†	29.5%^†	—	53.0%^†	36.7%^†	18.5%^†	21.0%^†	20.8%^†	17.0%^†	61.7%^†
PBT margin	25.2%	28.7%	31.3%	52.9%	36.5%^†	18.1%^†	20.7%^†	20.7%^†	16.8%^†	61.3%^†
Net margin	22.1%	24.8%	30.3%	42.2%	29.2%^†	8.8%^†	16.8%^†	16.1%^†	9.7%^†	59.7%^†
Interest coverage	166.45x^†	36.37x^†	—	377.48x^†	174.63x^†	59.55x^†	76.18x^†	146.07x^†	144.89x^†	153.76x^†
Dividend payout	36.7%^†	48.6%^†	51.5%^†	43.4%^†	58.9%^†	83.3%^†	114.1%^†	—	—	—
Earnings retention	63.3%^†	51.4%^†	48.5%^†	56.6%^†	41.1%^†	16.7%^†	-14.1%^†	—	—	—
Current ratio	3.86x	1.82x	—	—	—	—	—	—	—	—
Quick ratio	3.86x	1.82x	—	—	—	—	—	—	—	—
Debt to equity	0.00x	0.00x	—	—	—	—	—	—	—	—
Return on equity	23.3%	13.2%	—	—	—	—	—	—	—	—
Return on assets	18.1%	11.4%	—	—	—	—	—	—	—	—
Return on capital employed	24.4%^†	15.0%^†	—	—	—	—	—	—	—	—
Asset turnover	0.82x	0.46x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	85	4	-80	20	65
March 31, 2025	50	54	-110	8	42
March 31, 2024	67	-54	-12	7	60
March 31, 2023	55	-7	-56	18	37
March 31, 2022	12	25	-46	12	0

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	1,120	868	852	1	2	638	165	25	52	0
March 31, 2025	1,053	913	897	1	2	179	99	7	33	0
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.