Mastek Limited - Company Profile

It is a information technology public limited company based in Ahmedabad, Gujarat, India, established in 1982.
1982 Ahmedabad, Gujarat, India Active
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About Mastek Limited

Mastek Limited, a active public limited company, was established on 14 May 1982 in Ahmedabad, Gujarat, India. Engaging in it consulting & support services within the information and communication sector, it holds CIN: L74140GJ1982PLC005215. Registered under ROC Roc Ahmedabad. it is listed on BSE: 523704 and NSE: MASTEK. It has an authorized capital of ₹40.85 Cr and a paid-up capital of ₹15.49 Cr.

Formerly known as Management And Software Technology Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹386.76 Cr and a net worth of ₹742.73 Cr. Employing 1,502 professional, Its leadership includes Ketan Mehta (Director), Marilyn Frances Jones (Director), Ashank Datta Desai (Director). Past directors included Arun Kumar Maheshwari, Atul Kanagat, Ketan Mehta. It holds ₹73.46 Cr open charges and ₹356.97 Cr settled loans. Its latest AGM occurred on 23 September 2025, with the balance sheet filed on 31 March 2025. It is based at 804/805 President Houseopp C N Vidyalaya Nr Ambawadi Circle, Ahmedabad, Gujarat, 380006.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L74140GJ1982PLC005215

  • Registration Number

    005215

  • Incorporation Date

    14 May 1982

  • Authorized Capital

    ₹40.85 Cr

  • Paid-Up Capital

    ₹15.49 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 523704, NSE: MASTEK)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 40.85 Cr
  • Paid Up Capital ₹ 15.49 Cr
  • Company Age 43 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 73.46 Cr
  • Satisfied Charges ₹ 356.97 Cr
  • Revenue Growth **** 17.11%
  • Profit Growth **** 71.37%
  • Ebitda **** 39.21%
  • Net Worth 23.42%
  • Total Assets **** 16.81%
Company report

Mastek Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mastek Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mastek Limited?
Current Directors
Name Designation Appointment Date Status
Ketan Mehta Director 29 Dec 2020 Current
Marilyn Frances Jones Director 05 Sep 2023 Current
Ashank Datta Desai Director 06 Jun 1982 Current
Umang Tejkaran Nahata Ceo 10 Aug 2024 Current
Deepak Kedia Cfo 11 Nov 2025 Current
Rajeev Kumar Grover Director 28 Jan 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 01 Jun 2015 Past
Pramod Abcsdd Additional Director 17 Jul 2013 Past
Pramod Abcsdd Additional Director 28 Sep 2021 Past
Pramod Abcsdd Director 15 Jan 2008 Past
Pramod Abcsdd Cfo 01 Jun 2015 Past
Pramod Abcsdd Company Secretary 31 Aug 2015 Past

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Financial Performance of Mastek.

Mastek Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.11% increase. The company also saw a substantial improvement in profitability, with a 71.37% increase in profit. The company's net worth Soared by an impressive increase of 23.42%.

Mastek revenue growth over time
Mastek profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 17.11%
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Revenue from Operations
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 22.08%
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Total Assets
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 16.81%
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Profit or Loss
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 71.37%
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Net Worth
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 23.42%
*******
*******
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EBITDA
*******
 39.21%
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*******
*******
*******

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What is the Ownership and Shareholding Structure of Mastek?

In 2023, Mastek had a promoter holding of 36.75% and a public holding of 63.25%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹734,628,736.00

Satisfied Charges

₹3,569,743,080.00

Charges Breakdown by Lending Institutions
  • Others : 40.00 Cr
  • Citi Bank N.A. : 20.00 Cr
  • Hdfc Bank Limited : 7.46 Cr
  • Standard Chartered Bank : 6.00 Cr
Latest Charge Details
Date Lender Amount Status
21 Nov 2025 Hdfc Bank Limited ₹1.02 M Open
29 Oct 2025 Hdfc Bank Limited ₹1.10 M Open
17 May 2025 Hdfc Bank Limited ₹2.03 M Open
16 May 2025 Hdfc Bank Limited ₹0.77 M Open
01 Feb 2025 Hdfc Bank Limited ₹2.27 M Open

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How Many Employees Work at Mastek?

Mastek has a workforce of 1502 employees as of Mar 26, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mastek, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mastek's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Mastek
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 29 Apr 2021 via Charge ID 100466896 with Hdfc Bank Limited was fully satisfied on 03 Dec 2025. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101195005 was registered on 21 Nov 2025. was documented.

  • Director Appointment

    The activity Deepak Kedia was appointed as a Cfo was appointed as a Cfo on 17 Nov 2025 & has been associated with this company since 4 months 11 days . was completed.

  • Director Appointment

    Deepak Kedia was appointed as a CFO was appointed as a CFO on 11 Nov 2025 & has been associated with this company since 4 months 17 days . was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101186600 was registered on 29 Oct 2025. was completed.

  • Annual General Meeting

    Mastek Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records. was recorded as a recent event.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Mastek Limited?

The CIN of Mastek Limited is L74140GJ1982PLC005215.

Where is Mastek Limited headquartered?

Mastek Limited is headquartered at 804/805 President Houseopp C N Vidyalaya Nr Ambawadi Circle, Ahmedabad, Gujarat, 380006.

When was Mastek Limited incorporated?

Mastek Limited was incorporated on 14 May 1982.

Who are the current directors of Mastek Limited?

The current directors of Mastek Limited are

What is the primary industry of Mastek Limited?

The primary industry of Mastek Limited is Information And Communication.

Is Mastek Limited a listed company?

Mastek Limited is listed. It is listed on BSE: 523704 and NSE: MASTEK.

What is the capital structure of Mastek Limited?

The authorized capital of Mastek Limited is ₹40.85 Cr, and the paid-up capital is ₹15.49 Cr.

What is the compliance status of Mastek Limited?

The compliance status of Mastek Limited is Compliant.

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