Mastek Limited

BSE: 523704 NSE: MASTEK
Mastek Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L74140GJ1982PLC005215 Incorporated 14 May 1982 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: MASTEK · BSE: 523704 Public Limited Company information technology BSE 500
Data last updated
Market Cap
₹5,728 Cr
MASTEK · NSE
Share Price
₹1,834.60
-0.68% today
Revenue
₹3,699 Cr
FY 2025-26 · +7.1% YoY
EBITDA
₹555 Cr
Margin 15.0%
Net Profit
₹417 Cr
FY 2025-26 · +16.1% YoY
P/E (TTM)
12.8x
P/B 1.9x
ROE
14.8%
ROCE 16.7%
Debt / Equity
0.19
Interest cover 6.6x

About Mastek Limited

Data last updated:

Mastek Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 May 1982 and has been in existence for over 44 years.

Mastek is part of the BSE 500 index.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L74140GJ1982PLC005215. Its GSTIN is 27AAACM9908Q1ZQ (Maharashtra). The company holds 9 GST registrations, of which 3 are active. Its shares are listed on BSE: 523704 and NSE: MASTEK.

The company has an authorised share capital of ₹40.85 Cr and a paid-up capital of ₹15.5 Cr. It was formerly known as Management and Software Technology Private Limited. It is led by directors including Umang Tejkaran Nahata (Whole-Time Director) and Suresh Choithram Vaswani.

Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 804/805 President Houseopp C N Vidyalaya Nr Ambawadi Circle, Ahmedabad, Gujarat, India – 380006.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,698.75 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹416.77 Cr (net margin 11.3%) and EBITDA of ₹555.44 Cr (EBITDA margin 15%). The net worth stands at ₹2,991.85 Cr (up 21.5% YoY). Total assets are valued at ₹3,515.68 Cr (up 13.5% YoY).

The company has about 1,502 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand: Mastek. As per MCA filings, the company has open charges of ₹344.55 Cr and satisfied charges of ₹356.97 Cr on record. Court records list 127 cases involving the company, including 61 filed by the company and 67 filed against it; 37 cases are pending. The company has 129 deals on record (121 market trades, 4 secondary share transfers, 4 funding rounds), with disclosed funding of ₹208.86 Cr; the latest was in July 2025. Its 3 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 1 larger and 2 smaller; the largest is Oracle Solution Services (India) Private Limited with revenue of ₹3,701.1 Cr. The company has 2 MSME Form 1 returns on record between 2018 and 2019, listing 10 overdue payments to 6 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mastek.com.

Company Details of Mastek Limited
CIN L74140GJ1982PLC005215
Registration Number 005215
Incorporation Date 14 May 1982
ROC Ahmedabad
Listing Status Listed (BSE: 523704, NSE: MASTEK)
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN History

Mastek has one previous CIN (Corporate Identification Number): U74140GJ1982PLC005215. The current CIN is L74140GJ1982PLC005215, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L74140GJ1982PLC005215Current
U74140GJ1982PLC005215Previous
Key People
Umang Tejkaran Nahata Whole-Time Director Suresh Choithram Vaswani Director Ashank Datta Desai Director

Recognitions & Rankings of Mastek

India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#484
Valuation
₹9,950 Cr
2021 #441
Stock market indices
BSE 500
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    mastek.com
  • Social Media
  • Registered Address
    804/805 President Houseopp C N Vidyalaya Nr Ambawadi Circle, Ahmedabad, Gujarat, India – 380006
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Mastek Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands

Mastek operates one associated brand: Mastek. Each brand links to its own profile.

BrandDescriptionWebsite
Mastek
Provider of IT services for businessesmastek.com

Business Activity

The main business activity of Mastek is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
Premium access

Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Financials of Mastek Limited

FY 2025-26 filings available

Mastek Limited reported revenue of ₹3,698.75 Cr (up 7% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹3,699 Cr
+7.0% YoY
EBITDA
₹555 Cr
+52.6% YoY
Profit After Tax
₹417 Cr
+16.1% YoY
Net Worth
₹2,992 Cr
+21.5% YoY
Total Assets
₹3,516 Cr
+13.5% YoY
Total Debt
₹438 Cr
-24.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,6993,4553,0552,5632,1841,7221,071
Revenue growth+7.1%+13.1%+19.2%+17.4%+26.8%+60.7%-
EBITDA555364505438463364129
EBITDA margin+15.0%+10.5%+16.5%+17.1%+21.2%+21.2%+12.1%
Profit before tax521459386427448339144
Net profit417359300273283204121
Net profit margin+11.3%+10.4%+9.8%+10.7%+13.0%+11.8%+11.3%
EPS (₹)130.32121.5097.3796.0198.3182.9444.84
Balance sheet
Total assets3,5163,0982,7452,4881,6891,6221,503
Net worth2,9922,4622,0871,6831,071859790
Total debt438583519404203273335
Cash & bank705461383208727608221
Net working capital1,103914560562682517327
Cash flow
Cash from operations542396420108273287184
Cash from investing1.87(260)(249)(719)(26.02)218(262)
Cash from financing(300)(56.85)1.8392.57(128)(118)205
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue985938906940915905870867
Revenue growth (YoY)+7.7%+3.6%+4.2%+8.4%+12.5%---
Other income12.0323.8720.8915.0910.563.5813.4516.80
EBITDA151127146146137131141143
EBITDA margin+15.4%+13.5%+16.1%+15.5%+15.0%+14.4%+16.2%+16.5%
Depreciation18.3418.4717.8517.8718.4218.6616.5519.85
Interest6.597.197.448.638.769.6211.8611.14
Profit before tax138125141134121106126129
Tax32.5819.0832.8436.6528.6524.8530.980.27
Net profit10610610897.4592.0581.0794.71129
EPS (₹)33.9334.0134.7131.2429.5026.0130.3541.22
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue918939434313257187163
Revenue growth-2.3%+116.3%+38.6%+22.1%+37.2%+14.5%-
EBITDA12312669.4047.1133.8410.46(3.45)
EBITDA margin+13.4%+13.4%+16.0%+15.0%+13.2%+5.6%-2.1%
Profit before tax23217912716695.8736.3733.83
Net profit22016312083.3163.8617.3228.09
Net profit margin+24.0%+17.3%+27.6%+26.6%+24.9%+9.3%+17.2%
EPS (₹)65.3045.3638.9843.3025.697.4811.31
Balance sheet
Total assets958814932759627508284
Net worth868749849743602480269
Total debt9.7513.3854.472.943.212.231.60
Cash & bank25.9017.0927.137.4849.0624.4420.82
Net working capital24216434.730.9251.01(48.16)17.66
Cash flow
Cash from operations85.1610381.5854.0715.2322.7615.78
Cash from investing3.57(14.27)(68.68)(7.34)21.58(12.55)22.67
Cash from financing(79.68)(113)(12.75)(55.51)(45.04)(6.46)(29.99)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue221245226218229234233245
Revenue growth (YoY)-3.3%+4.7%-3.2%-10.9%+0.8%---
Other income5.7737.0514.4458.3725.5933.916.5259.66
Total expenses192219199187190230216203
EBITDA29.4126.0526.8731.7338.573.3116.9742.35
EBITDA margin+13.3%+10.7%+11.9%+14.5%+16.8%+1.4%+7.3%+17.3%
Depreciation6.676.486.396.086.696.624.357.54
Interest0.300.310.340.370.380.451.231.55
Profit before tax28.2156.3134.5883.6557.0930.1517.9192.92
Tax7.41(0.85)6.398.4515.2010.054.2514.50

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue985938906940915905870867
Revenue growth (YoY)+7.7%+3.6%+4.2%+8.4%+12.5%---
Other income12.0323.8720.8915.0910.563.5813.4516.80
EBITDA151127146146137131141143
EBITDA margin+15.4%+13.5%+16.1%+15.5%+15.0%+14.4%+16.2%+16.5%
Depreciation18.3418.4717.8517.8718.4218.6616.5519.85
Interest6.597.197.448.638.769.6211.8611.14
Profit before tax138125141134121106126129
Tax32.5819.0832.8436.6528.6524.8530.980.27
Net profit10610610897.4592.0581.0794.71129
EPS (₹)33.9334.0134.7131.2429.5026.0130.3541.22
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,6993,4553,0552,5632,1841,7221,071
Revenue growth+7.1%+13.1%+19.2%+17.4%+26.8%+60.7%-
Other income70.4121216.0181.0636.0827.9143.24
Total expenses3,1433,0912,5502,1251,7211,357942
Employee cost1,9731,8591,6711,3771,095883584
EBITDA555364505438463364129
EBITDA margin+15.0%+10.5%+16.5%+17.1%+21.2%+21.2%+12.1%
Depreciation72.6175.1289.9167.3742.8744.9524.89
Interest32.0242.0644.4724.727.688.103.62
Profit before tax521459386427448339144
Tax11783.2375.2211711587.5830.27
Net profit417359300273283204121
Net profit margin+11.3%+10.4%+9.8%+10.7%+13.0%+11.8%+11.3%
EPS (₹)130.32121.5097.3796.0198.3182.9444.84
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital15.5015.4715.4215.2615.0112.6212.14
Reserves & surplus2,9762,4472,0721,6681,056846778
Shareholders' funds (net worth)2,9922,4622,0871,6831,071859790
Minority interest0.000.000.0091.10150182137
Secured loans421555487372190260335
Unsecured loans16.8727.9632.4132.5612.5712.830.00
Total debt438583519404203273335
Total liabilities3,5163,0982,7452,4881,6891,6221,503
Assets
Gross block2,4342,2582,3132,0561,0971,0231,072
Net block1,9381,8181,9501,740841807857
Capital work in progress1.681.980.946.664.351.541.67
Investments23417893.8168.7165.60234276
Inventories0.000.000.000.000.000.000.00
Sundry debtors580525561507436375316
Cash & bank balances705461383208727608221
Loans & advances595634523469298189174
Total current assets1,8801,6201,4671,1841,4601,172711
Total current liabilities777706906623778656384
Net working capital1,103914560562682517327
Total assets3,5163,0982,7452,4881,6891,6221,503
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash46138120872760822092.95
Net cash from operating activities542396420108273287184
Net cash from investing activities1.87(260)(249)(719)(26.02)218(262)
Net cash from financing activities(300)(56.85)1.8392.57(128)(118)205
Net change in cash24479.64173(519)119387127
Closing cash705461383208727608221
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+7.1%+13.1%+19.2%+17.4%+26.8%+60.7%-
EBITDA growth+52.6%-27.9%+15.1%-5.2%+26.9%+181.8%-
PBT growth+13.5%+18.9%-9.6%-4.6%+32.0%+135.5%+8.0%
Net income growth+16.1%+19.5%+10.0%-3.5%+39.1%+67.5%-
Revenue CAGR (3Y)+13.0%+16.5%+21.1%+33.7%+28.3%+28.2%+24.1%
EBITDA CAGR (3Y)+8.2%-7.7%+11.5%+50.2%+59.7%+54.1%+42.0%
Profitability & leverage
Net income margin+10.9%+10.9%+10.2%+12.1%+15.3%+14.6%+10.6%
Return on capital employed+16.7%+17.2%+16.8%+23.0%+30.6%+24.8%+15.3%
Return on net worth+14.8%+16.5%+16.5%+22.5%+34.6%+30.5%+16.8%
Debt / equity0.190.240.240.220.250.370.27
Long-term debt / equity0.120.160.170.150.170.270.21
Interest cover6.6314.5610.726.661.832.543.47
Efficiency & per share
Fixed asset turnover1.581.511.401.632.061.641.51
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover6.706.365.725.445.394.994.09
EPS (₹)130.32121.5097.3796.0198.3182.9444.84
Dividend per share (₹)24.0023.0019.0019.0019.0014.508.00
Book value per share (₹)965.11795.84676.85551.58356.88340.15325.56
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue221245226218229234233245
Revenue growth (YoY)-3.3%+4.7%-3.2%-10.9%+0.8%---
Other income5.7737.0514.4458.3725.5933.916.5259.66
Total expenses192219199187190230216203
EBITDA29.4126.0526.8731.7338.573.3116.9742.35
EBITDA margin+13.3%+10.7%+11.9%+14.5%+16.8%+1.4%+7.3%+17.3%
Depreciation6.676.486.396.086.696.624.357.54
Interest0.300.310.340.370.380.451.231.55
Profit before tax28.2156.3134.5883.6557.0930.1517.9192.92
Tax7.41(0.85)6.398.4515.2010.054.2514.50
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue918939434313257187163
Revenue growth-2.3%+116.3%+38.6%+22.1%+37.2%+14.5%-
Other income13584.3872.2513274.9937.2848.86
Total expenses794813365266223177167
Employee cost625647298213188141124
EBITDA12312669.4047.1133.8410.46(3.45)
EBITDA margin+13.4%+13.4%+16.0%+15.0%+13.2%+5.6%-2.1%
Depreciation25.6426.3013.5013.0312.4210.7911.13
Interest1.404.821.090.440.540.580.45
Profit before tax23217912716695.8736.3733.83
Tax29.1938.866.8533.5118.7617.506.38
Net profit22016312083.3163.8617.3228.09
Net profit margin+24.0%+17.3%+27.6%+26.6%+24.9%+9.3%+17.2%
EPS (₹)65.3045.3638.9843.3025.697.4811.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital15.5015.4715.4215.2615.0112.6212.14
Reserves & surplus852734834727587467257
Shareholders' funds (net worth)868749849743602480269
Secured loans3.534.2549.582.712.631.340.47
Unsecured loans6.229.134.890.230.580.891.13
Total debt9.7513.3854.472.943.212.231.60
Total liabilities958814932759627508284
Assets
Gross block258266196181181171199
Net block84.9289.9366.4632.9935.2935.6040.03
Capital work in progress1.391.970.914.334.281.541.67
Investments572502781674491484174
Inventories0.000.000.000.000.000.000.00
Sundry debtors31522663.0237.5756.5244.7625.61
Cash & bank balances25.9017.0927.137.4849.0624.4420.82
Loans & advances63.0971.1133.6931.6232.6624.2423.26
Total current assets40431512476.6713893.4469.69
Total current liabilities16115189.1175.7587.2314252.03
Net working capital24216434.730.9251.01(48.16)17.66
Total assets958814932759627508284
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash16.0440.3011.8115.7023.9320.1811.72
Net cash from operating activities85.1610381.5854.0715.2322.7615.78
Net cash from investing activities3.57(14.27)(68.68)(7.34)21.58(12.55)22.67
Net cash from financing activities(79.68)(113)(12.75)(55.51)(45.04)(6.46)(29.99)
Net change in cash9.05(24.26)0.15(8.78)(8.23)3.758.46
Closing cash25.9017.0927.137.4849.0624.4420.82
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-2.3%+116.3%+38.6%+22.1%+37.2%+14.5%-
EBITDA growth-2.2%+81.5%+47.3%+39.2%+223.5%+403.2%-
PBT growth+29.3%+41.0%-23.3%+72.8%+163.6%+7.5%-13.6%
Net income growth+35.5%+35.8%+43.7%+30.5%+268.7%-38.3%-
Revenue CAGR (3Y)+43.1%+54.1%+32.4%+24.2%+10.7%+4.9%-1.2%
EBITDA CAGR (3Y)+37.8%+55.0%+87.9%-+26.0%-12.3%-
Profitability & leverage
Net income margin+22.1%+14.9%+27.7%+42.2%+30.0%+10.1%+16.8%
Return on capital employed+26.3%+24.4%+15.2%+14.9%+13.8%+9.3%+12.3%
Return on net worth+25.0%+20.3%+15.1%+12.4%+11.8%+5.0%+10.4%
Debt / equity0.010.040.040.000.010.010.01
Long-term debt / equity0.010.040.030.000.000.000.00
Interest cover1.434.841.951.292.52-175.76-3.09
Efficiency & per share
Fixed asset turnover3.504.062.301.731.461.010.82
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover3.396.498.636.665.075.325.32
EPS (₹)65.3045.3638.9843.3025.697.4811.31
Dividend per share (₹)24.0023.0019.0019.0019.0014.508.00
Book value per share (₹)279.95242.12275.43243.36200.46190.03110.84
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Board of Directors of Mastek Limited

Mastek has 6 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Suresh Choithram Vaswani
Also directs: Wyser Venture Partners LLP, Vodafone Idea Limited, Icici Prudential Life Insurance Company Limited and 1 more
Director11 Dec 20223 Years 10 MonthsCurrent
Ashank Datta Desai
Also directs: National Association of Software and Service Companies, Indian Federation Against Software Theft, Wheels Global Foundation and 5 more
Director06 Jun 198244 Years 4 MonthsCurrent
Ketan MehtaDirector29 Dec 20205 Years 9 MonthsCurrent
Rajeev Kumar Grover
Also directs: Exempserv Professional Services Private Limited
Director28 Jan 20206 Years 8 MonthsCurrent
Marilyn Frances JonesDirector05 Sep 20233 Years 1 MonthsCurrent
Umang Tejkaran Nahata
Also directs: Orange Orbit LLP, Evolutionary Systems Private Limited, Evosys Consultancy Services Private Limited and 2 more
Whole-Time Director19 Jul 20233 Years 3 MonthsCurrent
View all directors

Peer Comparison

Mastek Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Oracle Solution Services (India) Private Limited₹3,701.1 Cr (FY 2025)••••••••8.0%••••Bengaluru, Karnataka, India
Mastek Limited this company₹3,698.75 Cr (FY 2026)••••••••7.0%••••Ahmedabad, Gujarat, India
Synechron Technologies Private Limited₹3,360.94 Cr (FY 2025)••••••••6.0%••••Pune, Maharashtra, India
Itc Infotech India Limited₹3,332.67 Cr (FY 2025)••••••••13.0%••••Kolkata, West Bengal, India

Peers are the companies nearest to Mastek by revenue, above and below it, in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details

Mastek Limited is audited by WALKER CHANDIOK & CO LLP for the financial year 2023.

NameStatusAppointment DateCessation Date
WALKER CHANDIOK & CO LLPLockedLockedLocked

Complete auditor history: available in the company report

Shareholding Pattern

Shareholding for the quarter ended Sep 2026: promoters hold 35.80%, foreign institutional investors hold 7.40%, domestic institutional investors hold 19.90% and retail and other public shareholders hold 36.90%.

Promoters: 35.80%DII (Domestic Institutional): 19.90%FII (Foreign Institutional): 7.40%Retail & Others: 36.90%
Sep 2026
QUARTER
35.80% Promoters
19.90% DII (Domestic Institutional)
7.40% FII (Foreign Institutional)
36.90% Retail & Others
Promoter holding - history
Now 35.80% · Sep 2026High 35.80% · Dec 2025Low 35.80% · Dec 2025
34%34.8%35.5%36.3%37%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 35.80%Mar 2026: 35.80%Jun 2026: 35.80%Sep 2026: 35.80%35.80%35.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters35.80%35.80%35.80%35.80%
Public64.20%64.20%64.20%64.20%

Charges & Borrowings

Open charges
₹344.55 Cr
Satisfied charges
₹356.97 Cr
Breakdown by lending institutions
Citi Bank N.A.₹290.81 Cr
Others₹40.00 Cr
Hdfc Bank Limited₹7.74 Cr
Standard Chartered Bank₹6.00 Cr
Latest charge details
DateLenderAmountStatus
05 Feb 2026Citi Bank N.A.₹270.81 CrOpen
16 Dec 2025Hdfc Bank Limited₹27.9 LakhOpen
21 Nov 2025Hdfc Bank Limited₹10.19 LakhOpen
29 Oct 2025Hdfc Bank Limited₹11.03 LakhOpen
17 May 2025Hdfc Bank Limited₹20.27 LakhOpen

Total charge records: 53 View all charges

Deals & Funding

Mastek Limited has 129 deals on record (121 market trades, 4 secondary share transfers, 4 funding rounds), with disclosed funding of ₹208.86 Cr; the latest was in July 2025.

Total deals
129
Market trades
121
Secondary share transfers
4
Funding rounds
4
Disclosed funding
₹208.86 Cr

Deals on record (5 of 129)

WhenDealAmountParties
Jul 2025Market trade₹151.61 CrBuyer: Graviton Research Capital LLP , Musigma Securities
Seller: Graviton Research Capital LLP , Musigma Securities
Apr 2025Market trade₹72.88 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Apr 2025Market trade₹131.15 CrBuyer: Graviton Research Capital LLP , NK Securities Research Private Limited
Seller: Graviton Research Capital LLP , NK Securities Research Private Limited
Mar 2025Market trade₹131.26 CrBuyer: Graviton Research Capital LLP , NK Securities Research Private Limited
Seller: Graviton Research Capital LLP , NK Securities Research Private Limited
Oct 2024Market trade₹148.49 CrBuyer: Aalidhra Textool Engineers Private Limited
Seller: Smallcap World Fund Inc

Full deal history: available in the company report

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays

Mastek Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 10 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 6)

SupplierAmount dueDue sinceReported on
Hygienetech India Private Limited••••••••••••
HTL Aircon Private Limited••••••••••••
Rulka Electricals Limited••••••••••••
Green Network Telecom Private Limited••••••••••••
Laser Telesystems Private Limited••••••••••••

Full MSME payment history: available in the company report

Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance

Mastek Limited has a workforce of 1,502 employees as of Mar 26, 2024.

Employee count
1,502
Active EPFO establishments
1
Employee growth
-8.25%

Employee and EPFO history: available in the company report

Group Structure

Mastek has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Mastek Enterprise Solutions Private Limited (Formerly Known As Trans American Systems Private Limited)U51505GJ1999PTC112745-
Meta Soft Tech Systems Private LimitedU72900TN2013PTC090292-

Showing major subsidiaries. Total: 2.

Recent Activity

Mastek Limited has 49 board changes on record since 1982: 28 appointments and 21 cessations. The latest: Deepak Kedia was appointed as CFO on 17 Nov 2025.

Charges
A charge with Citi Bank N.A. amounted to Rs. 270.81 Cr with Charge ID 101230470 was registered on 05 Feb 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.28 Cr with Charge ID 101244446 was registered on 16 Dec 2025.
Charges
A charge registered on 29 Apr 2021 via Charge ID 100466896 with Hdfc Bank Limited was fully satisfied on 03 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101195005 was registered on 21 Nov 2025.
Appointed
Deepak Kedia was appointed as CFO.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101186600 was registered on 29 Oct 2025.
AGM
Mastek Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 101114548 was registered on 17 May 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 101113097 was registered on 16 May 2025.
Charges
A charge registered on 13 Oct 2020 via Charge ID 100416290 with Citi Bank N.A. was fully satisfied on 16 Apr 2025.
Filing
Mastek Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 101045818 was registered on 01 Feb 2025.

111 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts

Credit ratings, litigation, and regulatory alerts: available in the company report

Subsidiaries & Group Companies

Corporate group structure: available in the company report

GST Compliance

Mastek has 9 GST registrations: 3 active and 6 cancelled or inactive.

Total GSTINs
9
Active
3
Cancelled / inactive
6
GSTINStateStatusRegistered on
27AAACM9908Q1ZQMaharashtraActive01 Jul 2017
33AAACM9908Q1ZXTamil NaduActive01 Jul 2017
27AAACM9908Q2ZPMaharashtraActive14 Jul 2017

GST registrations and filing compliance: available in the company report

MCA Filings & Documents

MCA filings and documents: available in the company report

Related news

Mastek: Co Chosen by Staffordshire County Council for Oracle Cloud Upgrade, Aiming to Improve Finance, Procurement, HR, and Payroll Services for Better Efficiency and Future-Ready Public Services.
08 Oct 2026 · Exchange Update
Mastek: Company Predicts FY27 Will Outperform FY26 - Interview
25 Sep 2026 · Exchange Update
Mastek: Company To Host Analyst And Investor Meeting On September 25
24 Sep 2026 · Exchange Update
Mastek: Company To Hold Meeting With Analysts And Investors On September 22 At 10 Am
17 Sep 2026 · Exchange Update

Frequently Asked Questions

Mastek is an active public limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 May 1982 (44+ years old) and is registered under CIN L74140GJ1982PLC005215. Listed on BSE: 523704 and NSE: MASTEK.

Mastek reported revenue of ₹3,698.75 Cr for FY 2025-26 (up 7% YoY) based on consolidated financials.

Mastek has 6 current directors:

The latest financial statements of Mastek on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Mastek is 27AAACM9908Q1ZQ, registered in Maharashtra. The company has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 33AAACM9908Q1ZX (Tamil Nadu), 27AAACM9908Q2ZP (Maharashtra).

The CIN (Corporate Identification Number) of Mastek is L74140GJ1982PLC005215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Mastek is listed on both BSE (code: 523704) and NSE (symbol: MASTEK).

Mastek has 127 court cases on record: 61 filed by the company and 67 filed against it. 37 are pending. Most are in the high courts.

Mastek was incorporated on 14 May 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Mastek has 129 deals on record (121 market trades, 4 secondary share transfers, 4 funding rounds), with disclosed funding of ₹208.86 Cr; the latest was in July 2025.

The peers of Mastek by revenue are Oracle Solution Services (India) Private Limited, Synechron Technologies Private Limited, Itc Infotech India Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).

Deepak Kedia was appointed as CFO on 17 Nov 2025. Arun Agarwal ceased to be CFO on 29 Jan 2025. Marilyn Frances Jones was appointed as Director on 05 Sep 2023. Mastek has 49 board changes on record in total.

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