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Mastek share price & results

Mastek Limited· Information Technology

Results to
Sept 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

AI-first digital engineering and cloud transformation IT services provider operating in 40+ countries.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue1,019 ₹ crore+8.4% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin14.0 %−2.0 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit106 ₹ crore+9.3% YoYQuarterly, as filedQuarter to Sept 2026Profit after tax as filed.
Return on equity13.76 %−0.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin13.95 %+3.0 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)6.01 %−6.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Guidance

What management said, and what became of it

3 of 8 judged targets kept · 10 open · verdicts reflect calls analysed to Q1 FY27.

Mastek Limited management guidance track record on Inve: 18 targets tracked across analysed earnings calls (3 achieved, 5 missed, 10 open).

TargetOriginal wordingSaidLatest callVerdict
CFO AppointmentAppoint a new CFO 'at the earliest'
Call transcript, Q1 FY26 · 21 Jul 2025		Q1 FY26Q1 FY27:Promise was achieved in Q3 FY26.
Call transcript, Q1 FY27 · 22 Jul 2026		Achieved
EBITDA Margin17% to 19% before we end the next year (FY26)
Call transcript, Q4 FY25 · 21 Apr 2025		Q4 FY25Q1 FY27:Promise pertains to FY26, which has concluded. The final verdict remains 'missed'.
Call transcript, Q1 FY27 · 22 Jul 2026		Missed
US Revenue GrowthGrowth to become more robust in H2 FY26
Call transcript, Q1 FY26 · 21 Jul 2025		Q1 FY26Q1 FY27:The original H2 FY26 timeline was missed. Management now expects North America to 'turn itself into a growth engine' by H2 FY27, confirming the delay.
Call transcript, Q1 FY27 · 22 Jul 2026		Delayed

Source: Inve Guidance Tracker for Mastek Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

5 of Mastek Limited's 18 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 15 more targets are in the full ledger.

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Price

₹1,634.2 −7.23% · −₹127.4

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −22.8% 1Y

₹1.4k₹1.6k₹1.8k₹2.0k₹2.2k₹2.4kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 24 Oct 2025Q3 FY26 — 21 Jan 2026Q4 FY26 — 20 Apr 2026Q1 FY27 — 22 Jul 2026

1Y: ₹2,116.6 on 24 Oct 2025 → ₹1,634.2. High ₹2,336.4 (17 Nov 2025), low ₹1,342.2 (30 Mar 2026).

Previous close
₹1,761.6
Market cap
₹5.1k Cr
52-week range
₹1,342.2 – ₹2,336.4
One year
−25.76%
Price to earnings (TTM to Sept 2026)
11.54×
Return on equity (TTM to Sept 2026)
13.76%

Overview

Symbol
NSE:MASTEK
Exchange
NSE
Currency
INR

What Mastek Limited does

Based on the company's own presentations, annual report and earnings calls.

Mastek designs, builds and manages enterprise digital engineering, cloud and AI solutions for clients in government, healthcare, retail, manufacturing and financial services. It delivers Oracle, Salesforce and Microsoft-centred implementation, modernisation and managed-services engagements through partnerships with Oracle, Salesforce, Microsoft, AWS, Snowflake and Databricks. Work is executed across the UK & Europe, Americas and Asia-Pacific/Middle East (AMEA) regions using a mix of onsite client teams and offshore delivery centres in India. Contracts are structured as both time-and-material and fixed-price engagements spanning systems modernisation, data/AI-led automation, and digital commerce.

Segments

  • Government & Education
  • Health & Life Sciences
  • Financial Services
  • Manufacturing & Technology
  • Retail/Consumer
Countries with business presence
40+
Global delivery centres
20+
Office locations
UK (Reading, Leeds, Harrow), Americas (Chicago, Dallas, Woburn, Ontario), Europe (Netherlands, Romania), APAC & Middle East (Australia, Singapore, Malaysia, Bahrain, Egypt, UAE, Qatar, Riyadh) and 8 Indian cities (Mumbai, Ahmedabad, Pune, Chennai, Gurugram, Noida, Bengaluru, Tiruchirapalli)
Offshore employees (India)
3,195
Onsite employees
1,535
Active clients
326
Founded 1982Headquarters Ahmedabad, Gujarat, IndiaEmployees 4,730 (March 31, 2026) Company website

How the price took the results

close before → close after

Q1 FY27
−1.8%
22 Jul
Q4 FY26
−3.6%
20 Apr
Q3 FY26
−2.2%
21 Jan

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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