Mastek Limited

BSE: 523704 NSE: MASTEK
Mastek Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials and compliance.
CIN L74140GJ1982PLC005215 Incorporated 14 May 1982 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: MASTEK · BSE: 523704 Public Limited Company information technology
Data last updated
Revenue · FY 2026
₹3,698.75 Cr
▲ 7.05% YoY
EBITDA · FY 2026
₹655.97 Cr
▲ 15.34% YoY
Net profit · FY 2026
₹404 Cr
▲ 7.47% YoY
Authorised capital
₹40.85 Cr
Registered with MCA
Paid-up capital
₹15.49 Cr
Issued & subscribed
Open charges
₹73.46 Cr
Satisfied ₹356.97 Cr
Company age
44 yrs
Est. 1982
Employees · EPFO
1,502
Latest available

About Mastek Limited

Data last updated: 06 January 2026

Mastek Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 14 May 1982, the company has been in operation for over 44 years.

Registered with ROC Ahmedabad under CIN L74140GJ1982PLC005215. Listed on BSE: 523704 and NSE: MASTEK.

Capital: an authorised share capital of ₹40.85 Cr and a paid-up capital of ₹15.49 Cr. Formerly known as Management and Software Technology Private Limited. It is led by directors including Ketan Mehta and Marilyn Frances Jones.

Last AGM: 23 September 2025. Financial statements filed for year ended 31 March 2025. Office: 804/805 President Houseopp C N Vidyalaya Nr Ambawadi Circle, Ahmedabad, Gujarat, India – 380006.

As per the financials filed for FY 2025, the company reported a revenue of ₹3,477.51 Cr, a growth of 13% compared to the previous year.

The company has a workforce of approximately 1,502 employees as per the latest available data. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand - Mastek. As per MCA filings, the company has open charges of ₹73.46 Cr and satisfied charges of ₹356.97 Cr on record.

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
Key People
Umang Tejkaran Nahata Ceo Deepak Kedia Cfo Ketan Mehta Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • 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
Company report
Mastek Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Mastek Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Mastek Limited

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

CIN Status
L74140GJ1982PLC005215 Current
U74140GJ1982PLC005215 Previous

Associated Brands with Mastek Limited

Mastek Limited operates one associated brand: Mastek. These brands represent Mastek Limited's diversified market presence and brand portfolio.

Brand Description Website
Mastek
Provider of IT services for businesses mastek.com

Competitors & Alternatives of Mastek Limited

Brands and companies operating in the same space as Mastek Limited include Happiest Minds, 1&1 IONOS, Genpact and 7 more.

Competitor Description Location Founded
Happiest Minds Happiest Minds IT outsourcing services are delivered across multiple business lines. Bengaluru, India, India 2011
1&1 IONOS 1&1 IONOS Cloud infrastructure and hosting services are provided by 1&1 IONOS. Chesterbrook, United States, United States 1988
Genpact Genpact Provider of end-to-end business process outsourcing services New York, United States, United States 1997
Persistent Persistent IT consulting, data analytics, and digital transformation services are provided. Pune, India, India 1990
Epam Epam Provider of software development, data analytics, and other IT suite services Newtown Square, United States, United States 1993
NTT DATA NTT DATA Application development, cloud, cybersecurity, and business intelligence services are provided. Koto City, Japan, Japan 1967
Accenture Accenture IT and management consultancy services are provided globally. Dublin, Ireland, Ireland 1989
Breed Reply Breed Reply AI, cloud, and blockchain services are provided globally. Turin, Italy, Italy 1996
Globant Globant IT and digital transformation services are delivered to various industries. Buenos Aires, Argentina, Argentina 2003
UST UST High-quality office furniture is provided by UST for various needs. Taiwan 1998

Business Activity of Mastek Limited

Mastek Limited is engaged in the principal business activity of information and communication, with detailed activities including computer programming, consultancy and related activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
J Information and communication J6 Computer programming, consultancy and related activities *********

Auditor Details of Mastek Limited

Mastek Limited is audited by Walker Chandiok & Co LLP (ICAI peer reviewed, certificate valid till 2028-05-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
Walker Chandiok & Co LLP (ICAI peer reviewed, certificate valid till 2028-05-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Mastek Limited

Mastek Limited is currently managed by 9 directors, with 29 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Ketan Mehta
Also directs: Mastek Limited
Director 29 Dec 2020 5 Years 6 Months Current
Marilyn Frances Jones
Also directs: Mastek Limited
Director 05 Sep 2023 2 Years 10 Months Current
Ashank Datta Desai
Also directs: Nrb Bearings Limited (Full Fledged Public Co), Mastek Limited, National Association Of Software And Service Companies and 5 more
Director 06 Jun 1982 44 Years 1 Months Current
Umang Tejkaran Nahata
Also directs: Mastek Limited, Orange Orbit Llp, Evolutionary Systems Private Limited and 3 more
Ceo 10 Aug 2024 1 Years 10 Months Current
Deepak Kedia
Also directs: Mastek Limited, Krishang Prop Management Services Llp, Subhasree Projects Private Limited and 2 more
Cfo 11 Nov 2025 0 Years 7 Months Current
Rajeev Kumar Grover
Also directs: Mastek Limited, Exempserv Professional Services Private Limited
Director 28 Jan 2020 6 Years 5 Months Current
Showing 6 of 9 current directors. View all directors

Financials of Mastek Limited FY 2026 filings available

Mastek Limited reported revenue of ₹3,698.75 Cr (up 7.05% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹3,698.75 Cr ▲ 7.05%
Profit · FY 2026
₹404 Cr ▲ 7.47%
EBITDA · FY 2026
₹655.97 Cr ▲ 15.34%
Revenue₹ Cr · Consolidated02,0004,000FY 2020: ₹1,071 Cr1,071FY 2020FY 2021: ₹1,722 Cr · +60.7% YoY1,722+60.7%FY 2021FY 2022: ₹2,184 Cr · +26.8% YoY2,184+26.8%FY 2022FY 2023: ₹2,563 Cr · +17.4% YoY2,563+17.4%FY 2023FY 2024: ₹3,055 Cr · +19.2% YoY3,055+19.2%FY 2024FY 2025: ₹3,455 Cr · +13.1% YoY3,455+13.1%FY 2025FY 2026: ₹3,699 Cr · +7% YoY3,699+7%FY 2026
Net Profit₹ Cr · Consolidated0200400600FY 2020: ₹114 Cr114FY 2020FY 2021: ₹252 Cr · +121.2% YoY252+121.2%FY 2021FY 2022: ₹333 Cr · +32.4% YoY333+32.4%FY 2022FY 2023: ₹310 Cr · -6.9% YoY310-6.9%FY 2023FY 2024: ₹311 Cr · +0.2% YoY311+0.2%FY 2024FY 2025: ₹376 Cr · +20.9% YoY376+20.9%FY 2025FY 2026: ₹404 Cr · +7.5% YoY404+7.5%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year05001,000Q1'25: ₹813 Cr · +12.1% YoY813+12.1%Q1'25Q2'25: ₹867 Cr · +13.3% YoY867+13.3%Q2'25Q3'25: ₹870 Cr · +10.9% YoY870+10.9%Q3'25Q4'25: ₹905 Cr · +16.1% YoY905+16.1%Q4'25Q1'26: ₹915 Cr · +12.5% YoY915+12.5%Q1'26Q2'26: ₹940 Cr · +8.4% YoY940+8.4%Q2'26Q3'26: ₹906 Cr · +4.2% YoY906+4.2%Q3'26Q4'26: ₹938 Cr · +3.6% YoY938+3.6%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹3,698.75 Cr ₹3,455.23 Cr ₹3,054.79 Cr ₹2,563.39 Cr ₹2,183.84 Cr ₹1,721.86 Cr ₹1,071.48 Cr
Other Income ₹70.41 Cr ₹22.28 Cr ₹16.01 Cr ₹38.29 Cr ₹36.08 Cr ₹27.91 Cr ₹41.3 Cr
Total Income ₹3,769.16 Cr ₹3,477.51 Cr ₹3,070.8 Cr ₹2,601.68 Cr ₹2,219.92 Cr ₹1,749.77 Cr ₹1,112.78 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹1,972.6 Cr ₹1,859.03 Cr ₹1,670.91 Cr ₹1,375.88 Cr ₹1,095.45 Cr ₹882.72 Cr ₹584.14 Cr
Finance Costs ₹32.02 Cr ₹42.06 Cr ₹44.47 Cr ₹24.72 Cr ₹7.68 Cr ₹8.1 Cr ₹3.62 Cr
Depreciation & Amortisation ₹72.61 Cr ₹75.12 Cr ₹89.91 Cr ₹67.37 Cr ₹42.87 Cr ₹44.95 Cr ₹24.89 Cr
Other Expenses ₹1,140.59 Cr ₹1,049.75 Cr ₹875.21 Cr ₹731.66 Cr ₹625.88 Cr ₹474.67 Cr ₹331.98 Cr
Total Expenses ₹3,217.82 Cr ₹3,025.96 Cr ₹2,680.5 Cr ₹2,199.63 Cr ₹1,771.88 Cr ₹1,410.44 Cr ₹944.63 Cr
Profit Before Exceptional Items & Tax ₹551.34 Cr ₹451.55 Cr ₹390.3 Cr ₹402.05 Cr ₹448.04 Cr ₹339.33 Cr ₹168.15 Cr
Exceptional Items -₹30.12 Cr ₹7.61 Cr -₹4.11 Cr ₹25.32 Cr ₹0 ₹0 -₹24.07 Cr
Profit Before Tax ₹521.22 Cr ₹459.16 Cr ₹386.19 Cr ₹427.37 Cr ₹448.04 Cr ₹339.33 Cr ₹144.08 Cr
Total Tax Expense ₹117.22 Cr ₹83.23 Cr ₹75.22 Cr ₹117.1 Cr ₹114.62 Cr ₹87.58 Cr ₹30.27 Cr
Net Profit ₹404 Cr ₹375.93 Cr ₹310.97 Cr ₹310.27 Cr ₹333.42 Cr ₹251.75 Cr ₹113.81 Cr
  attributable to Owners ₹404 Cr ₹375.93 Cr ₹300.29 Cr ₹293.01 Cr ₹295.13 Cr ₹209.35 Cr ₹108.86 Cr
  attributable to NCI ₹0 ₹0 ₹10.68 Cr ₹17.26 Cr ₹38.29 Cr ₹42.4 Cr ₹4.95 Cr
Other Comprehensive Income ₹198.53 Cr ₹48.26 Cr ₹20.8 Cr ₹65.84 Cr ₹25.73 Cr ₹137.09 Cr ₹7.67 Cr
Total Comprehensive Income ₹602.53 Cr ₹424.19 Cr ₹331.77 Cr ₹376.11 Cr ₹359.15 Cr ₹388.84 Cr ₹121.48 Cr
EBITDA (computed) ₹655.97 Cr ₹568.73 Cr ₹524.68 Cr ₹494.14 Cr ₹498.59 Cr ₹392.38 Cr ₹196.66 Cr
Basic EPS ₹130.45 ₹121.78 ₹98.01 ₹97.23 ₹106.52 ₹84.92 ₹45.21
Diluted EPS ₹129.50 ₹120.65 ₹97.25 ₹95.53 ₹103.81 ₹81.88 ₹42.93
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹4,308.83 Cr ₹3,862.93 Cr ₹3,677.9 Cr ₹3,140.9 Cr
Non-current Assets ₹2,194.49 Cr ₹2,037.08 Cr ₹2,134.46 Cr ₹1,894.94 Cr
Current Assets ₹2,114.34 Cr ₹1,825.85 Cr ₹1,543.44 Cr ₹1,245.96 Cr
Property, Plant & Equipment ₹71.18 Cr ₹82.23 Cr ₹88.14 Cr ₹88.9 Cr
Inventories ₹0 ₹0 ₹0 ₹0
Trade Receivables ₹579.84 Cr ₹769.74 Cr ₹541.17 Cr ₹506.63 Cr
Cash & Equivalents ₹704.33 Cr ₹460.76 Cr ₹381.12 Cr ₹207.64 Cr
Equity (Net Worth) ₹2,991.85 Cr ₹2,462.34 Cr ₹2,100.41 Cr ₹1,774.51 Cr
Equity Share Capital ₹15.5 Cr ₹15.47 Cr ₹15.42 Cr ₹15.26 Cr
Borrowings (Non-current) ₹225.48 Cr ₹379.23 Cr ₹313.3 Cr ₹269.04 Cr
Borrowings (Current) ₹195.91 Cr ₹175.94 Cr ₹173.25 Cr ₹101.74 Cr
Total Debt (computed) ₹421.39 Cr ₹555.17 Cr ₹486.55 Cr ₹370.78 Cr
Current Liabilities ₹980.31 Cr ₹938.45 Cr ₹1,070.21 Cr ₹735.51 Cr
Total Liabilities ₹1,316.98 Cr ₹1,400.59 Cr ₹1,577.49 Cr ₹1,366.39 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹541.69 Cr ₹395.13 Cr ₹419.94 Cr ₹107.07 Cr ₹273.07 Cr
Investing Cash Flow -₹66.16 Cr -₹275.34 Cr -₹256.06 Cr -₹737.04 Cr -₹19.88 Cr
Financing Cash Flow -₹299.99 Cr -₹56.85 Cr ₹4.66 Cr ₹92.57 Cr -₹128.36 Cr
Capital Expenditure ₹27.99 Cr ₹20.12 Cr ₹31.45 Cr ₹31.5 Cr ₹36.5 Cr
Free Cash Flow (computed) ₹513.7 Cr ₹375.01 Cr ₹388.49 Cr ₹75.57 Cr ₹236.57 Cr
Dividends Paid ₹74.35 Cr ₹58.72 Cr ₹58.23 Cr ₹57.34 Cr ₹47.53 Cr
Net Change in Cash ₹243.57 Cr ₹79.64 Cr ₹173.48 Cr -₹542.47 Cr ₹118.97 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹938 Cr ₹905.68 Cr ₹940.37 Cr ₹914.7 Cr ₹905.42 Cr ₹869.53 Cr ₹867.39 Cr ₹812.89 Cr ₹779.73 Cr ₹784.27 Cr ₹765.54 Cr ₹725.25 Cr
Other Income ₹23.87 Cr ₹20.89 Cr ₹15.09 Cr ₹10.56 Cr ₹3.58 Cr ₹9.47 Cr ₹5.04 Cr ₹4.19 Cr ₹5.45 Cr ₹3.37 Cr ₹4.83 Cr ₹2.36 Cr
Total Income ₹961.87 Cr ₹926.57 Cr ₹955.46 Cr ₹925.26 Cr ₹909 Cr ₹879 Cr ₹872.43 Cr ₹817.08 Cr ₹785.18 Cr ₹787.64 Cr ₹770.37 Cr ₹727.61 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹502.98 Cr ₹491.59 Cr ₹494.46 Cr ₹489.96 Cr ₹477.54 Cr ₹461.4 Cr ₹475.26 Cr ₹444.83 Cr ₹420.01 Cr ₹430.97 Cr ₹429.11 Cr ₹390.54 Cr
Finance Costs ₹7.19 Cr ₹7.44 Cr ₹8.63 Cr ₹8.76 Cr ₹9.62 Cr ₹11.86 Cr ₹11.14 Cr ₹9.44 Cr ₹9.22 Cr ₹13.34 Cr ₹12.6 Cr ₹9.31 Cr
Depreciation & Amortisation ₹18.47 Cr ₹17.85 Cr ₹17.87 Cr ₹18.42 Cr ₹18.66 Cr ₹16.55 Cr ₹19.85 Cr ₹20.06 Cr ₹27.49 Cr ₹21.82 Cr ₹20.9 Cr ₹19.7 Cr
Other Expenses ₹284.27 Cr ₹268.5 Cr ₹300.4 Cr ₹287.42 Cr ₹289.13 Cr ₹267.48 Cr ₹249.02 Cr ₹244.12 Cr ₹234.61 Cr ₹219.77 Cr ₹213.39 Cr ₹207.72 Cr
Total Expenses ₹812.91 Cr ₹785.38 Cr ₹821.36 Cr ₹804.56 Cr ₹794.95 Cr ₹757.29 Cr ₹755.27 Cr ₹718.45 Cr ₹691.33 Cr ₹685.9 Cr ₹676 Cr ₹627.27 Cr
Profit Before Exceptional Items & Tax ₹148.96 Cr ₹141.19 Cr ₹134.1 Cr ₹120.7 Cr ₹114.05 Cr ₹121.71 Cr ₹117.16 Cr ₹98.63 Cr ₹93.85 Cr ₹101.74 Cr ₹94.37 Cr ₹100.34 Cr
Exceptional Items -₹23.73 Cr ₹0 ₹0 ₹0 -₹8.13 Cr ₹3.98 Cr ₹11.76 Cr ₹0 ₹0 ₹0 -₹4.11 Cr ₹0
Profit Before Tax ₹125.23 Cr ₹141.19 Cr ₹134.1 Cr ₹120.7 Cr ₹105.92 Cr ₹125.69 Cr ₹128.92 Cr ₹98.63 Cr ₹93.85 Cr ₹101.74 Cr ₹90.26 Cr ₹100.34 Cr
Total Tax Expense ₹19.08 Cr ₹32.84 Cr ₹36.65 Cr ₹28.65 Cr ₹24.85 Cr ₹30.98 Cr ₹27 Lakh ₹27.13 Cr -₹56 Lakh ₹24 Cr ₹24.97 Cr ₹26.81 Cr
Net Profit ₹106.15 Cr ₹108.35 Cr ₹97.45 Cr ₹92.05 Cr ₹81.07 Cr ₹94.71 Cr ₹128.65 Cr ₹71.5 Cr ₹94.41 Cr ₹77.74 Cr ₹65.29 Cr ₹73.53 Cr
  attributable to Owners ₹106.15 Cr ₹108.35 Cr ₹97.45 Cr ₹92.05 Cr ₹81.07 Cr ₹94.71 Cr ₹128.65 Cr ₹69.13 Cr ₹92.06 Cr ₹75.32 Cr ₹62.82 Cr ₹70.09 Cr
  attributable to NCI ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹2.35 Cr ₹2.42 Cr ₹2.47 Cr ₹3.44 Cr
Other Comprehensive Income ₹90.56 Cr ₹30.74 Cr ₹39.44 Cr ₹37.79 Cr ₹22.84 Cr ₹1.34 Cr ₹26.45 Cr -₹2.37 Cr -₹55 Lakh ₹15.57 Cr ₹2.27 Cr ₹3.51 Cr
Total Comprehensive Income ₹196.71 Cr ₹139.09 Cr ₹136.89 Cr ₹129.84 Cr ₹103.91 Cr ₹96.05 Cr ₹155.1 Cr ₹69.13 Cr ₹93.86 Cr ₹93.31 Cr ₹67.56 Cr ₹77.04 Cr
EBITDA (computed) ₹174.62 Cr ₹166.48 Cr ₹160.6 Cr ₹147.88 Cr ₹142.33 Cr ₹150.12 Cr ₹148.15 Cr ₹128.13 Cr ₹130.56 Cr ₹136.9 Cr ₹127.87 Cr ₹129.35 Cr
Basic EPS ₹34.25 ₹34.97 ₹31.48 ₹29.75 ₹26.24 ₹30.68 ₹41.69 ₹23.18 ₹29.94 ₹24.57 ₹20.52 ₹22.95
Diluted EPS ₹34.01 ₹34.71 ₹31.24 ₹29.50 ₹26.01 ₹30.35 ₹41.22 ₹22.92 ₹29.97 ₹24.29 ₹20.28 ₹22.67
Latest 12 quarters shown of 24 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
UK & Europe operations ₹622.99 Cr ₹125.66 Cr ₹0 ₹0
North America operations ₹201.11 Cr ₹10.69 Cr ₹0 ₹0
AMEA ₹113.9 Cr ₹4.87 Cr ₹0 ₹0
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
UK & Europe operations ₹2,411.29 Cr ₹475.51 Cr - -
North America operations ₹828.53 Cr ₹50.67 Cr - -
AMEA ₹458.93 Cr ₹22.77 Cr - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹917.56 Cr ₹486.29 Cr ₹372.67 Cr ₹313.39 Cr ₹256.7 Cr ₹187.14 Cr ₹163.44 Cr
Other Income ₹135.45 Cr ₹73.35 Cr ₹72.1 Cr ₹73.37 Cr ₹73.54 Cr ₹34.87 Cr ₹48.86 Cr
Total Income ₹1,053.01 Cr ₹559.64 Cr ₹444.77 Cr ₹386.76 Cr ₹330.24 Cr ₹222.01 Cr ₹212.3 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹625.4 Cr ₹335.3 Cr ₹254.46 Cr ₹212.59 Cr ₹188.06 Cr ₹141.2 Cr ₹123.64 Cr
Finance Costs ₹1.4 Cr ₹3.94 Cr ₹68 Lakh ₹44 Lakh ₹54 Lakh ₹58 Lakh ₹45 Lakh
Depreciation & Amortisation ₹25.64 Cr ₹13.74 Cr ₹11.8 Cr ₹13.03 Cr ₹12.42 Cr ₹10.79 Cr ₹11.13 Cr
Other Expenses ₹135.19 Cr ₹67.3 Cr ₹61.15 Cr ₹53.69 Cr ₹34.8 Cr ₹28.48 Cr ₹36.42 Cr
Total Expenses ₹787.63 Cr ₹420.28 Cr ₹328.09 Cr ₹279.75 Cr ₹235.82 Cr ₹181.05 Cr ₹171.64 Cr
Profit Before Exceptional Items & Tax ₹265.38 Cr ₹139.36 Cr ₹116.68 Cr ₹107.01 Cr ₹94.42 Cr ₹40.96 Cr ₹40.66 Cr
Exceptional Items -₹33.75 Cr ₹0 ₹0 ₹58.64 Cr ₹1.45 Cr -₹7 Cr -₹6.83 Cr
Profit Before Tax ₹231.63 Cr ₹139.36 Cr ₹116.68 Cr ₹165.65 Cr ₹95.87 Cr ₹33.96 Cr ₹33.83 Cr
Total Tax Expense ₹29.19 Cr ₹18.78 Cr ₹3.66 Cr ₹33.51 Cr ₹18.76 Cr ₹17.5 Cr ₹6.38 Cr
Net Profit ₹202.44 Cr ₹120.58 Cr ₹113.02 Cr ₹132.14 Cr ₹77.11 Cr ₹16.46 Cr ₹27.45 Cr
Other Comprehensive Income -₹17.47 Cr -₹7.88 Cr -₹6.54 Cr -₹1.39 Cr ₹5.54 Cr -₹3.13 Cr ₹1.52 Cr
Total Comprehensive Income ₹184.97 Cr ₹112.7 Cr ₹106.48 Cr ₹130.75 Cr ₹82.65 Cr ₹13.33 Cr ₹28.97 Cr
EBITDA (computed) ₹292.42 Cr ₹157.04 Cr ₹129.16 Cr ₹120.48 Cr ₹107.38 Cr ₹52.33 Cr ₹52.24 Cr
Basic EPS ₹65.37 ₹39.06 ₹36.99 ₹43.85 ₹27.83 ₹6.67 ₹11.40
Diluted EPS ₹64.89 ₹38.70 ₹36.63 ₹43.07 ₹27.13 ₹6.44 ₹10.82
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹1,119.72 Cr ₹1,053.19 Cr ₹990.52 Cr ₹834.67 Cr
Non-current Assets ₹481.78 Cr ₹874.27 Cr ₹884.08 Cr ₹758 Cr
Current Assets ₹637.94 Cr ₹178.92 Cr ₹106.44 Cr ₹76.67 Cr
Property, Plant & Equipment ₹52.43 Cr ₹32.95 Cr ₹35.35 Cr ₹32.88 Cr
Inventories ₹0 ₹0 ₹0 ₹0
Trade Receivables ₹314.99 Cr ₹88.7 Cr ₹48 Cr ₹37.58 Cr
Cash & Equivalents ₹25.09 Cr ₹7.04 Cr ₹7.63 Cr ₹6.92 Cr
Equity (Net Worth) ₹867.84 Cr ₹912.61 Cr ₹838.52 Cr ₹742.73 Cr
Equity Share Capital ₹15.5 Cr ₹15.47 Cr ₹15.42 Cr ₹15.26 Cr
Borrowings (Non-current) ₹2.29 Cr ₹2.08 Cr ₹42.57 Cr ₹1.93 Cr
Borrowings (Current) ₹1.24 Cr ₹1.06 Cr ₹7.02 Cr ₹78 Lakh
Total Debt (computed) ₹3.53 Cr ₹3.14 Cr ₹49.59 Cr ₹2.71 Cr
Current Liabilities ₹165.2 Cr ₹98.54 Cr ₹84.13 Cr ₹76.53 Cr
Total Liabilities ₹251.88 Cr ₹140.58 Cr ₹152 Cr ₹91.94 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹85.16 Cr ₹50.43 Cr ₹66.89 Cr ₹54.87 Cr ₹12.21 Cr
Investing Cash Flow ₹3.57 Cr ₹54.3 Cr -₹54.01 Cr -₹7.34 Cr ₹25.4 Cr
Financing Cash Flow -₹79.68 Cr -₹109.65 Cr -₹12.17 Cr -₹56.31 Cr -₹45.84 Cr
Capital Expenditure ₹20.24 Cr ₹8 Cr ₹7.15 Cr ₹17.68 Cr ₹11.98 Cr
Free Cash Flow (computed) ₹64.92 Cr ₹42.43 Cr ₹59.74 Cr ₹37.19 Cr ₹23 Lakh
Dividends Paid ₹74.35 Cr ₹58.66 Cr ₹58.24 Cr ₹57.34 Cr ₹47.53 Cr
Net Change in Cash ₹9.05 Cr -₹4.92 Cr ₹71 Lakh -₹8.78 Cr -₹8.23 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹244.6 Cr ₹225.64 Cr ₹218.37 Cr ₹228.95 Cr ₹125.54 Cr ₹119.7 Cr ₹126.51 Cr ₹114.54 Cr ₹102.17 Cr ₹97.54 Cr ₹90.04 Cr ₹82.92 Cr
Other Income ₹37.05 Cr ₹14.44 Cr ₹58.37 Cr ₹25.59 Cr ₹31.52 Cr ₹4.6 Cr ₹56.47 Cr ₹2.97 Cr ₹23.55 Cr ₹8.45 Cr ₹38.29 Cr ₹1.81 Cr
Total Income ₹281.65 Cr ₹240.08 Cr ₹276.74 Cr ₹254.54 Cr ₹157.06 Cr ₹124.3 Cr ₹182.98 Cr ₹117.51 Cr ₹125.72 Cr ₹105.99 Cr ₹128.33 Cr ₹84.73 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹155.18 Cr ₹164.76 Cr ₹154.63 Cr ₹157.22 Cr ₹86.54 Cr ₹79.9 Cr ₹86.99 Cr ₹81.87 Cr ₹67.42 Cr ₹62.78 Cr ₹64.04 Cr ₹59.93 Cr
Finance Costs ₹31 Lakh ₹34 Lakh ₹37 Lakh ₹38 Lakh ₹25 Lakh ₹1 Cr ₹1.33 Cr ₹1.36 Cr ₹56 Lakh ₹0 ₹4 Lakh ₹8 Lakh
Depreciation & Amortisation ₹6.48 Cr ₹6.39 Cr ₹6.08 Cr ₹6.69 Cr ₹3.42 Cr ₹2.37 Cr ₹3.97 Cr ₹3.98 Cr ₹3.34 Cr ₹2.96 Cr ₹2.86 Cr ₹2.64 Cr
Other Expenses ₹36.01 Cr ₹34.01 Cr ₹32.01 Cr ₹33.16 Cr ₹17.84 Cr ₹43.42 Cr ₹17.48 Cr ₹10.77 Cr ₹17.04 Cr ₹18.19 Cr ₹12.62 Cr ₹13.59 Cr
Total Expenses ₹197.98 Cr ₹205.5 Cr ₹193.09 Cr ₹197.45 Cr ₹108.05 Cr ₹126.69 Cr ₹109.77 Cr ₹97.98 Cr ₹88.36 Cr ₹83.93 Cr ₹79.56 Cr ₹76.24 Cr
Profit Before Exceptional Items & Tax ₹83.67 Cr ₹34.58 Cr ₹83.65 Cr ₹57.09 Cr ₹49.01 Cr -₹2.39 Cr ₹73.21 Cr ₹19.53 Cr ₹37.36 Cr ₹22.06 Cr ₹48.77 Cr ₹8.49 Cr
Exceptional Items -₹27.36 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹56.31 Cr ₹34.58 Cr ₹83.65 Cr ₹57.09 Cr ₹49.01 Cr -₹2.39 Cr ₹73.21 Cr ₹19.53 Cr ₹37.36 Cr ₹22.06 Cr ₹48.77 Cr ₹8.49 Cr
Total Tax Expense -₹85 Lakh ₹6.39 Cr ₹8.45 Cr ₹15.2 Cr ₹5.46 Cr -₹1.04 Cr ₹9.2 Cr ₹5.16 Cr ₹6 Lakh ₹5.63 Cr ₹3.63 Cr -₹5.66 Cr
Net Profit ₹57.16 Cr ₹28.19 Cr ₹75.2 Cr ₹41.89 Cr ₹43.55 Cr -₹1.35 Cr ₹64.01 Cr ₹14.37 Cr ₹37.3 Cr ₹16.43 Cr ₹45.14 Cr ₹14.15 Cr
Other Comprehensive Income -₹6.62 Cr ₹3.04 Cr -₹1.61 Cr -₹12.28 Cr -₹4.35 Cr ₹10.17 Cr -₹13.92 Cr ₹22 Lakh ₹1.81 Cr -₹5.65 Cr -₹1.4 Cr -₹1.3 Cr
Total Comprehensive Income ₹50.54 Cr ₹31.23 Cr ₹73.59 Cr ₹29.61 Cr ₹39.2 Cr ₹8.82 Cr ₹50.09 Cr ₹14.59 Cr ₹39.11 Cr ₹10.78 Cr ₹43.74 Cr ₹12.85 Cr
EBITDA (computed) ₹90.46 Cr ₹41.31 Cr ₹90.1 Cr ₹64.16 Cr ₹52.68 Cr ₹98 Lakh ₹78.51 Cr ₹24.87 Cr ₹41.26 Cr ₹25.02 Cr ₹51.67 Cr ₹11.21 Cr
Basic EPS ₹18.44 ₹9.10 ₹24.29 ₹13.54 ₹14.10 ₹-0.44 ₹20.74 ₹4.66 ₹12.13 ₹5.36 ₹14.75 ₹4.63
Diluted EPS ₹18.31 ₹9.03 ₹24.11 ₹13.43 ₹13.97 ₹-0.44 ₹20.51 ₹4.61 ₹12.04 ₹5.30 ₹14.58 ₹4.58
Latest 12 quarters shown of 24 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Standalone ₹0 ₹0 ₹0 ₹0
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Standalone ₹0 ₹0 - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for Mastek Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Mastek Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 35.76%, foreign institutional investors hold 8.03%, domestic institutional investors hold 19.03%, retail and other public shareholders hold 37.18% of Mastek Limited. The company had 88,918 shareholders on record.

Promoters: 35.76%DII (Domestic Institutional): 19.03%FII (Foreign Institutional): 8.03%Retail & Others: 37.18%
Mar 2026
QUARTER
35.76% Promoters
19.03% DII (Domestic Institutional)
8.03% FII (Foreign Institutional)
37.18% Retail & Others
Promoter holding - history
Now 35.76% · Mar 2026High 50.23% · Dec 2015Low 35.76% · Mar 2026
34%38.5%43%47.5%52%Dec 2015Jun 2018Mar 2021Sep 2023Mar 2026Dec 2015: 50.23%Mar 2016: 50.03%Jun 2016: 49.73%Sep 2016: 49.51%Dec 2016: 49.40%Mar 2017: 49.22%Jun 2017: 48.66%Sep 2017: 47.88%Dec 2017: 47.70%Mar 2018: 47.08%Jun 2018: 47.01%Sep 2018: 46.89%Dec 2018: 45.86%Mar 2019: 45.69%Jun 2019: 45.68%Sep 2019: 45.61%Dec 2019: 45.43%Mar 2020: 45.10%Sep 2020: 44.63%Dec 2020: 44.25%Mar 2021: 44.32%Jun 2021: 44.25%Sep 2021: 37.75%Dec 2021: 37.59%Mar 2022: 37.30%Jun 2022: 37.31%Sep 2022: 37.28%Dec 2022: 37.27%Mar 2023: 36.75%Jun 2023: 36.57%Sep 2023: 36.50%Dec 2023: 36.47%Mar 2024: 36.26%Jun 2024: 36.25%Sep 2024: 36.23%Dec 2024: 36.22%Mar 2025: 35.97%Jun 2025: 35.95%Sep 2025: 35.79%Dec 2025: 35.77%Mar 2026: 35.76%50.23%35.76%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters35.76%35.77%35.79%35.95%35.97%36.22%
Public64.24%64.23%64.21%64.05%64.03%63.78%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters35.76%35.97%36.26%36.75%37.30%44.32%45.10%45.69%47.08%49.22%50.03%
Public64.24%64.03%63.74%63.25%62.70%55.68%54.90%54.31%52.92%50.78%49.97%
Promoter change (YoY, %pts)-0.21-0.29-0.49-0.55-7.02-0.78-0.59-1.39-2.14-0.81-

Board & Governance of Mastek Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Mastek Limited has 6 directors - 3 independent and 1 executive. The board is chaired by ASHANK DATTA DESAI.

DirectorPositionOn board sinceListed boards
ASHANK DATTA DESAI Non-Executive - Non Independent Director · Chairperson 1982-06-06 2
KETAN MEHTA Non-Executive - Non Independent Director 2020-12-29 1
RAJEEV KUMAR GROVER Non-Executive - Independent Director 2020-01-28 1
SURESH CHOITHRAM VASWANI Non-Executive - Independent Director 2022-12-11 3
UMANG TEJKARAN NAHATA Executive Director · CEO 2024-08-10 1
MARILYN FRANCES JONES Non-Executive - Independent Director 2023-09-05 1
Board Committees
CommitteeMembers
Audit Committee RAJEEV KUMAR GROVER (Chairperson), SURESH CHOITHRAM VASWANI, ASHANK DATTA DESAI, MARILYN FRANCES JONES
Nomination and remuneration committee SURESH CHOITHRAM VASWANI (Chairperson), KETAN MEHTA, RAJEEV KUMAR GROVER
Stakeholders Relationship Committee KETAN MEHTA (Chairperson), SURESH CHOITHRAM VASWANI, UMANG TEJKARAN NAHATA
Risk Management Committee ASHANK DATTA DESAI (Chairperson), RAJEEV KUMAR GROVER, UMANG TEJKARAN NAHATA, MARILYN FRANCES JONES
Corporate Social Responsibility Committee RAJEEV KUMAR GROVER (Chairperson), ASHANK DATTA DESAI, UMANG TEJKARAN NAHATA

Group Structure of Mastek Limited

Mastek Limited has 2 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Mastek Limited's business expansion strategy and organizational complexity.

2
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Mastek Enterprise Solutions Private Limited (Formerly Known As Trans American Systems Private Limited) U51505GJ1999PTC112745 -
Meta Soft Tech Systems Private Limited U72900TN2013PTC090292 -

Showing major subsidiaries. Total: 2.

Charges & Borrowings of Mastek Limited

Open charges
₹73.46 Cr
Satisfied charges
₹356.97 Cr
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
DateLenderAmountStatus
21 Nov 2025 Hdfc Bank Limited ₹10.19 Lakh Open
29 Oct 2025 Hdfc Bank Limited ₹11.03 Lakh Open
17 May 2025 Hdfc Bank Limited ₹20.27 Lakh Open
16 May 2025 Hdfc Bank Limited ₹7.69 Lakh Open
01 Feb 2025 Hdfc Bank Limited ₹22.69 Lakh Open

Total charge records: 51 View all charges

Employees and EPFO Compliance at Mastek Limited

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%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Mastek Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Mastek Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Mastek Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Mastek Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Mastek Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Mastek Limited

MSME Payment Delays by Mastek Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Mastek Limited

Subsidiaries & Group Companies of Mastek Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Mastek Limited

MCA Filings & Documents of Mastek Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Mastek Limited

Charges
03 Dec 2025
A charge registered on 29 Apr 2021 via Charge ID 100466896 with Hdfc Bank Limited was fully satisfied on 03 Dec 2025.
Charges
21 Nov 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101195005 was registered on 21 Nov 2025.
Directors
17 Nov 2025
Deepak Kedia was appointed as a Cfo on 17 Nov 2025 & has been associated with this company since 7 months 22 days.
Directors
11 Nov 2025
Deepak Kedia was appointed as a CFO on 11 Nov 2025 & has been associated with this company since 7 months 28 days.
Charges
29 Oct 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101186600 was registered on 29 Oct 2025.
Activity
23 Sep 2025
Mastek Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.

Recent News on Mastek Limited

Frequently Asked Questions about Mastek Limited

Mastek Limited is an active public limited company in the information technology sector based in Ahmedabad, Gujarat, India. It was incorporated on 14 May 1982 (44+ years old) and is registered under CIN L74140GJ1982PLC005215. Listed on BSE: 523704 and NSE: MASTEK. The company has 1,502 employees.

Mastek Limited reported revenue of ₹3,477.51 Cr for FY 2025 (up 13.00% YoY).

The current directors of Mastek Limited are:

The primary industry of Mastek Limited is information technology. The company specifically operates in IT consulting and support services. The company is currently active in this sector.

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

Mastek Limited can be reached at the registered office: 804805 President Houseopp C N Vidyalaya Nr Ambawadi Circle, Ahmedabad, Gujarat, India – 380006, or through the website mastek.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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