Mastek logo

Mastek share price

NSE: MASTEKBSE: 523704IT - SoftwareSmall Cap

Last close ₹1,761.60down ₹73.00 (3.98%)BSE ₹1,763.55

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,834.60.

52-week range of traded prices to 23 Oct 2026
₹1,334.20Low, 30 Mar 2026₹2,369.00High, 17 Nov 2025
Market cap
₹5,462 Cr757th largest listed
P/E
13.1
P/B
1.8
Dividend yield
1.36%
ROE
15.3%
ROCE
15.3%
Debt to equity
0.14
Volume, NSE
1,05,75733.1% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses, with the demerger of Jun 2015 reinvested. Reinvested means the value of the shares of the company that was split off is treated as put back into this share at its opening price on the ex-date.

−18.8%over a year

Results20-session average 1,06,760 shares a day, 37.7% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Sep 2026, against the quarter beforeFiled 23 Oct

Revenue
₹1,019 Crup 3.39%
Net profit
₹106 Crdown 0.20%
Net margin
10.4%

Revenue by year

Peak revenue ₹3,699 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreDec 2024Filed 16 JanMar 2025Filed 10 JunJun 2025Filed 18 JulSep 2025Filed 16 OctDec 2025Filed 21 JanMar 2026Filed 17 AprJun 2026Filed 21 JulSep 2026Filed 23 Oct
Revenue8709059159409069389851,019
Net profit95819297108106106106
Net margin10.9%9.0%10.1%10.4%12.0%11.3%10.7%10.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • UK & Europe operations₹2,411 Crup 21.75%65.2%
  • North America operations₹829 Crdown 11.18%22.4%
  • AMEA₹459 Crdown 15.30%12.4%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 24% of 2,480 trading days over the last 10 years.

LowestHighest
Its median17.4Industry median17.4
Price to book

At or below today's level on 28% of 1,980 trading days since Oct 2018.

LowestHighest
Its median3.2Industry median2.5
EV to EBITDA8.7

At or below today's level on 26% of 1,980 trading days since Oct 2018.

LowestHighest
Its median11.9Industry median13.3
Dividend yield

At or below today's level on 74% of 2,480 trading days over the last 10 years.

LowestHighest
Its median1.00%Industry median1.44%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−36.7%+7.1%−42.6%1.8%
3 years−3.3%+10.3%−13.4%1.2%
5 years+3.0%+9.5%−6.9%1.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters35.75%
  • Foreign institutions5.94%
  • Indian institutions22.02%
  • Individuals and others36.29%
Holder
ASHANK DATTA DESAIPromoter10.94%
KETAN MEHTAPromoter7.14%
GIRIJA RAMPromoter5.65%
UMANG TEJKARAN NAHATADirectors and their relatives5.48%
UMMED SINGH NAHATADirectors and their relatives3.55%
RAKESH RAMANNon-resident Indians3.39%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

25 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 3 of the 6 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Added
2
Cut
4
Held unchanged
18
Fund
HDFC Mutual Fund logoHDFC Small Cap FundHDFC Mutual Fund15,79,8760.61%₹246.9 Cr
Bandhan Mutual Fund logoBandhan Small Cap FundBandhan Mutual Fund13,84,7630.60%₹216.4 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Technology FundICICI Prudential Mutual Fund10,06,6481.26%₹157.3 Cr
Tata Mutual Fund logoTata Digital India FundTata Mutual Fund5,80,8940.98%₹90.8 Cr
Bandhan Mutual Fund logoBandhan Large & Mid Cap FundBandhan Mutual Fund3,19,3080.24%₹49.9 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Digital India FundAditya Birla Sun Life Mutual Fund2,23,0280.96%₹34.9 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Business Cycle FundAditya Birla Sun Life Mutual Fund2,13,9141.94%₹33.4 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Digital India FundMotilal Oswal Mutual Fund1,64,7862.60%₹25.8 Cr
Tata Mutual Fund logoTata Multicap FundTata Mutual Fund92,1390.42%₹14.4 Cr
WhiteOak Capital Mutual Fund logoWhiteOak Capital Flexi Cap FundWhiteOak Capital Mutual Fund69,6400.12%₹10.9 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Computers - Software & Consulting, 99 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Mastek in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
ASM Technologies logoASM TechnologiesASMTEC8,380–27.357.5+102.5%––30.6%0.37%
Intellect Design Arena logoIntellect Design ArenaINTELLECT8,18323.22.612.7+22.6%−0.3%11.8%12.0%1.20%
Sonata Software logoSonata SoftwareSONATSOFTW6,51014.13.48.8+4.0%+8.1%25.7%26.1%3.40%
Newgen Software Technologies logoNewgen Software TechnologiesNEWGEN6,47320.63.614.5+7.9%−1.2%19.0%21.4%1.32%
Latent View Analytics logoLatent View AnalyticsLATENTVIEW4,59423.52.617.6+22.8%+5.0%12.0%11.2%0.00%
Happiest Minds Technologies logoHappiest Minds TechnologiesHAPPSTMNDS4,58620.62.711.9+11.5%+16.9%13.7%10.9%2.13%
63 moons technologies logo63 moons technologies63MOONS3,963–1.1–+237.5%––−9.1%0.23%
Aurionpro Solutions logoAurionpro SolutionsAURIONPRO3,03714.91.710.5+14.8%+5.1%12.6%12.9%0.55%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹24.00 a share, year to Mar 2026.
Ex-dateTypePer share
31 Aug 2026Final₹16.00
30 Jan 2026Interim₹8.00
12 Sep 2025Final₹16.00
24 Jan 2025Interim₹7.00
17 Sep 2024Final₹12.00
25 Jan 2024Interim₹7.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Mastek share price by year

Each calendar year to 2025.Mastek share price history

YearClose at year endChangeHighest closeLowest close
20252,050.90−31.1%3,084.751,958.45
20242,978.00+5.7%3,270.852,246.60
20232,817.60+64.9%2,822.551,490.20
20221,709.10−43.4%3,346.601,538.60
20213,020.50+166.7%3,437.551,088.75
20201,132.45+170.7%1,181.75172.15
2019418.30−8.0%499.20302.20
2018454.60+21.1%607.25372.05
2017375.30+117.7%397.75165.90
2016172.40−8.0%196.70107.65
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,857.001,874.101,745.401,761.601,787.741,05,75733.1%
22 Oct 20261,847.001,872.601,819.401,834.601,844.1795,69047.9%
21 Oct 20261,809.001,888.001,808.401,847.201,855.392,09,53326.8%
19 Oct 20261,830.001,844.501,790.001,808.401,815.7067,00643.2%
16 Oct 20261,750.501,840.001,749.701,830.801,814.201,47,93238.2%
15 Oct 20261,749.901,779.601,736.701,756.201,759.261,13,96743.0%
14 Oct 20261,726.001,756.901,715.601,726.201,735.7981,50130.8%
13 Oct 20261,664.001,722.001,659.301,715.701,690.801,23,80330.1%
12 Oct 20261,679.901,689.901,634.101,645.601,654.2152,84236.6%
9 Oct 20261,656.201,732.001,656.201,679.901,698.441,96,01128.3%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Buyback and demerger history

Ex-dateEventPrice factorWhat happened
12 Jun 2015Demerger0.3424Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Mastek Limited
NSE symbol
MASTEK
BSE code
523704
ISIN
INE759A01021
Industry
IT - Software
Listed
Mar 1993 on BSE, May 1995 on NSE
Face value
₹5
CIN
L74140GJ1982PLC005215
Corporate identity number, the registrar of companies' code for it