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Mastek Ltd

(MASTEK)

₹3243.71.38%

as on 04:01PM, 03 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Mastek Ltd Analyst Rating

based on 6 analysts

BUY

66.67%

Buy

33.33%

Hold

0.00%

Sell

Based on 6 analysts offering long term price targets for Mastek Ltd. An average target of ₹3447

Source: S&P Global Market Intelligence

Mastek Ltd Share analysis

Mastek Ltd price forecast by 6 analysts

Upside of7.73%

High

₹3610

Target

₹3447.00

Low

₹3252

Mastek Ltd target price ₹3447, a slight upside of 7.73% compared to current price of ₹3243.7. According to 6 analysts rating.

Source: S&P Global Market Intelligence

Mastek Ltd Performance

  • Day's Low

    Day's High

    ₹3,226.05
    ₹3,323
  • 52 Week's Low

    52 Week's High

    ₹2,137.55
    ₹3,328
1 Month Return+ 10.85 %
3 Month Return+ 10.15 %
1 Year Return+ 35.4 %
Previous Close₹3,199.60
Open₹3,235.00
Volume1.33L
Upper Circuit-
Lower Circuit-
Market Cap₹9,879.57Cr

Mastek Ltd Key Statistics

P/E Ratio26.58
PEG Ratio0.84
Market Cap₹9,879.57 Cr
P/B Ratio9.33
EPS100.83
Dividend Yield0
SectorIT - Software
ROE14.3

Mastek Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹9,879.57 Cr148.91%0.54₹310 Cr₹3,054 Cr
BUY₹36,769.54 Cr273.17%0.53₹598 Cr₹4,871 Cr
NA₹1,715.23 Cr53.91%0.53₹1,370 Cr₹7,396 Cr
BUY₹16,526.89 Cr156.78%0.54₹623 Cr₹5,278 Cr
BUY₹20,754.08 Cr73.98%0.54₹702 Cr₹7,147 Cr

About Mastek Ltd

Mastek Limited is a digital engineering and cloud transformation partner, delivering innovative solutions for clients from multiple industry verticals, such as healthcare, life sciences, retail, manufacturing, financial services and governments worldwide. Founded in 1982, the company has a rich history of leveraging technology to increase IT value for its clients. It has operations in the US, Europe, Japan and Asia Pacific regions, and offers onsite and offshore solutions. Over the years, it has achieved milestones such as the development of India's first relational database management system, enterprise resource planning, as well as the London Congestion Charging project. Mastek has also pioneered nearshore delivery, and attained various accolades. In 2021, the company increased 10 non-retail customers, developed a Cloud Enhancement Service, secured its first deal in Canada, and opened an office in Romania. Its client base has risen to 30. With a track record of innovation, Mastek is successfully delivering advanced digital solutions to its customers.

Share Price: ₹3243.70 per share as on 03 Dec, 2024 04:01 PM
Market Capitalisation: ₹9,879.57Cr as of today
Revenue: ₹867.39Cr as on September 2024 (Q3 24)
Net Profit: ₹128.65Cr as on September 2024 (Q3 24)
Listing date: 10 May, 1995
Chairperson Name: Ashank Desai
OrganisationMastek Ltd
HeadquartersMumbai
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for Mastek Ltd

  • Mastek Target Price Set at Rs 3,654 - 25 Nov, 2024

    Mastek is recommended as a 'Buy' with a target price of Rs 3,654, reflecting a 13% upside. The company shows strong growth potential with a robust order book of Rs 2,195 crore and continued resilience in key markets.
  • Mastek Shows Bullish Momentum and Growth Potential - 22 Nov, 2024

    Mastek, a global IT services firm, demonstrates strong growth and bullish momentum, with breakout signals suggesting it may outperform the small-cap index.
  • Mastek Recognized in ISG's Top Tech Providers - 11 Nov, 2024

    Mastek has been ranked in ISG's Booming 15 for Q3 2024, highlighting its contract wins and expansion in AI capabilities. The company focuses on cloud transformation and digital engineering across various industries, emphasizing growth in the Americas and EMEA markets.
  • Mastek's Growth Strategy and Mutual Fund Interest - 08 Nov, 2024

    Mastek is experiencing increased mutual fund interest, with stakes rising to 5.1%. The company aims for $1 billion in revenue by 2026, supported by strategic acquisitions and a partnership with NVIDIA for AI solutions.
  • Mastek's Growth Strategy and Mutual Fund Interest - 06 Nov, 2024

    Mastek is experiencing increased mutual fund interest, with stakes rising to 5.1%. The company targets $1 billion in revenue by 2026, supported by strategic acquisitions and a partnership with NVIDIA for AI solutions.
  • Mastek Target Price Raised Amid Strong Q2 Results - 31 Oct, 2024

    Macquarie has upgraded Mastek's target price to Rs 3,320, reflecting a 17.7% upside. The company reported strong Q2 results, with revenue and EBITDA growth.

Insights on Mastek Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 42.60% to 45.22% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 2.21% to 5.10% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, MASTEK stock has moved up by 10.9%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 785.18 Cr → 884.19 Cr (in ₹), with an average increase of 5.8% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 71.5 Cr → 128.65 Cr (in ₹), with an average increase of 44.4% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Wipro Ltd has given 43.5% return, outperforming this stock by 8.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, HCL Technologies Ltd has given 59.8% return, outperforming this stock by 48.4%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 14.04% to 8.13% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 36.25% to 36.23% in Sep 2024 quarter

Mastek Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹765.54Cr (-)₹784.27Cr (↑2.45%)₹779.73Cr (↓0.58%)₹812.89Cr (↑4.25%)₹867.39Cr (↑6.70%)
Net Income₹65.29Cr (-)₹77.74Cr (↑19.07%)₹94.41Cr (↑21.44%)₹71.50Cr (↓24.27%)₹128.65Cr (↑79.93%)
Net Profit Margin8.53% (-)9.91% (↑16.18%)12.11% (↑22.20%)8.80% (↓27.33%)14.83% (↑68.52%)
Value in ₹ crore
Details2021202220232024
Total Assets₹654.77Cr (-)₹718.97Cr (↑9.80%)₹838.48Cr (↑16.62%)₹991.39Cr (↑18.24%)
Total Liabilities₹175.13Cr (-)₹117.18Cr (↓33.09%)₹95.75Cr (↓18.29%)₹152.87Cr (↑59.66%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹15.78Cr (-)₹22.76Cr (↑44.23%)₹11.43Cr (↓49.78%)₹54.07Cr (↑373.05%)₹67.18Cr (↑24.25%)

Index Inclusions

Nifty Smallcap 250

₹18,007.50

0.94 (167.4%)

Nifty 500

₹23,020.85

0.81 (185%)

S&P BSE 400 MidSmallCap

₹12,356.72

0.92 (113.09%)

S&P BSE 250 SmallCap

₹7,229.39

0.95 (68.21%)

BSE Small-Cap

₹56,237.47

1.03 (574.76%)

BSE IT Sector

₹43,537.83

0.74 (319.77%)

BSE 500

₹36,246.75

0.8 (289.35%)

Nifty MidSmallcap 400

₹20,172.55

0.9 (180%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Mastek Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
36.23%
-0.06
Foreign Institutions
8.13%
-42.06
Mutual Funds
5.1%
131.34
Retail Investors
45.22%
6.16
Others
5.31%
8.23

Mastek Ltd Key Indicators

Details20202021202220232024
Return On Equity %10.385.0411.8112.3914.3
Details20202021202220232024
Return On Assets %32.3731.9741.0534.9530.29
Details20202021202220232024
Book Value Per Share (₹)325.56340.15356.88551.58676.85
Details20202021202220232024
Earning Per Share (₹)46.8799.74111.07101.66100.83

Mastek Ltd Valuation

Mastek Ltd in the last 5 years

  • Overview

  • Trends

Lowest (3.88x)

April 3, 2020

Today (26.58x)

December 2, 2024

Industry (39.84x)

December 2, 2024

Highest (33.99x)

February 19, 2024

LowHigh

Mastek Ltd Earnings and Dividends

  • Mastek Ltd Earnings Results

    Mastek Ltd’s net profit jumped 104.79% since last year same period to ₹128.65Cr in the Q2 2024-2025. On a quarterly growth basis, Mastek Ltd has generated 79.93% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Mastek Ltd Dividends April,2024

    In the quarter ending March 2024, Mastek Ltd has declared dividend of ₹12 - translating a dividend yield of 0.59%.

    Read More about Dividends

Mastek Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Mastek Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Mastek Ltd (MASTEK) share price today is ₹3243.7

Mastek Ltd is listed on NSE

Mastek Ltd is listed on BSE

  • Today’s highest price of Mastek Ltd is ₹3323.
  • Today’s lowest price of Mastek Ltd is ₹3226.05.

PE Ratio of Mastek Ltd is 26.58

PE ratio = Mastek Ltd Market price per share / Mastek Ltd Earnings per share

Today’s traded volume of Mastek Ltd(MASTEK) is 1.33L.

Today’s market capitalisation of Mastek Ltd(MASTEK) is ₹9879.57Cr.

Mastek Ltd(MASTEKPrice
52 Week High
₹3328
52 Week Low
₹2137.55

Mastek Ltd(MASTEK) share price is ₹3243.7. It is down -2.53% from its 52 Week High price of ₹3328

Mastek Ltd(MASTEK) share price is ₹3243.7. It is up 51.75% from its 52 Week Low price of ₹2137.55

Mastek Ltd(MASTEKReturns
1 Day Returns
44.1%
1 Month Returns
10.85%
3 Month Returns
10.15%
1 Year Returns
35.4%