M

Mastek Limited

MASTEKNSE
Market snapshot · 2026-08-11 12:30 UTC

1,812.60

+₹10.10 (+0.56%)

MARKET CAP

₹5.62K Cr

STOCK P/E

13.8x

52W HIGH

₹2,625.00

52W LOW

₹1,334.20

BOOK VALUE

₹997.28

EPS

₹131.76

ROE

SECTOR

Information Technology

DEBT/EQUITY

14.65

VOLUME

99,077

P/B RATIO

1.82x

PEG RATIO

0.92

Sector

Information Technology

Themes

IT Services & ConsultingSunil Singhania Portfolio
D
Dividend
E
Earnings
₹2,478.80₹2,208.50₹1,938.20₹1,667.90₹1,397.60VolumeDEEDEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for MASTEK.

5.00 analysts

Price Forecast

Current
₹1,813
High Target
₹2,223
▲ +22.6%
Median Target
₹2,070
▲ +14.2%
Low Target
₹1,600
▼ -11.7%
Now₹1,813High ₹2,223Median ₹2,070Low ₹1,600Aug '25Now12M Target
Price history (1Y)
Analyst target range
5 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹1,383 - ₹2,21580%
6M₹1,211 - ₹2,35880%
12M₹983.80 - ₹2,52480%
Realized vol: +36.8% · Drift: -7.2%

Revenue Forecast

₹ Cr
Jun '26Current₹221.0
Sep 2026 ETrend estimate range
High₹234.0Base₹216.7Low₹199.4
Sep '25: ₹218.0 · Dec '25: ₹226.0 · Mar '26: ₹245.0 · Jun '26: ₹221.0 · Sep '26: ₹216.7 · Dec '26: ₹224.6
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E218.0226.0245.0221.0216.7224.6
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹6.71
Sep 2026 ETrend estimate range
High₹40.79Base₹36.42Low₹32.05
Sep '25: ₹24.28 · Dec '25: ₹9.10 · Mar '26: ₹18.44 · Jun '26: ₹6.71 · Sep '26: ₹36.42 · Dec '26: ₹13.65
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E24.289.1018.446.7136.4213.65
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
56%
Analyst Consensus
Unavailable

From 5 analysts

Mean upside+7.3%

Fundamentals

Weakening

Fundamentals institutional score is 15 using growth durability 14.9.

Valuation

Attractive relative to peers

Valuation institutional score is 94 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 53 using mean target upside 7.3%; dispersion penalty 12.8; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 63 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 2 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. valuation and market sentiment provide support, while fundamentals and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Attractive relative to peersAnalyst Consensus NeutralTechnical Structure Mixed MomentumMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price1,944.6 target
Mean Upside+7.3%
Technical Score63%
Fundamental Score15%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 23.3% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.26). Confidence: 82%.

Live forward EPS implies next-12-month EPS of ₹154.30. Applying the stock's normalized valuation corridor produces a fair range of ₹2,468.80 to ₹3,135.38, with base value near ₹2,769.68 (+52.8% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹154.30

Forward P/E

11.8x

Base Fair Value

₹2,769.68

Fair Range

₹2,468.80 - ₹3,135.38

Upside To Base

+52.8%

Estimate Source

Live forward EPS

Growth Estimate

+15.0%

P/E
Strongly Undervalued

5Y Average

17.12

Current

13.76

Overvalued

20.32

Undervalued

16.00

P/S
Strongly Undervalued

5Y Average

1.86

Current

1.49

Overvalued

2.13

Undervalued

1.58

EV/EBITDA
Strongly Undervalued

5Y Average

10.46

Current

8.41

Overvalued

12.28

Undervalued

8.64

Peers & Comparison

Sector: Information Technology · Theme: IT Services & Consulting

IT Services & Consulting Peers4 peers
Avg P/E: 52.5x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
KPIT TECHNOLOGIES LIMITED
KPITTECHIT Services & Consulting
+8.9%8.8%
29.6x
Undervalued
-44% vs avg
-48.3%
LATENT VIEW ANALYTICS LTD
LATENTVIEWIT Services & Consulting
+21.5%17.5%
31.2x
Undervalued
-41% vs avg
-25.1%
NETWEB TECH INDIA LTD
NETWEBIT Services & Consulting
+172.1%9.6%
106.2x
Premium
+102% vs avg
+128.3%
FRACTAL ANALYTICS LIMITED
FRACTALIT Services & Consulting
+20.0%9.5%
43.1x
Undervalued
-18% vs avg
-3.5%
WHY THESE PEERS

MASTEK LTD trades at a discount (13.8x vs peer avg 52.5x), suggesting potential undervaluation relative to the It Services & Consulting cohort. Peers include KPIT TECHNOLOGIES LIMITED, LATENT VIEW ANALYTICS LTD, NETWEB TECH INDIA LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹221 CrJun 2026

Latest net profit

₹21 CrJun 2026

Latest EPS

₹6.71Jun 2026

Net margin

13.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%6.0%12.0%18.0%24.0%0.00 Cr65 Cr130 Cr195 Cr260 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr65 Cr130 Cr195 Cr260 Cr₹0₹7₹14₹21₹28
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr60 Cr120 Cr180 Cr240 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr300 Cr600 Cr900 Cr1.20K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +97107113117227245233234229218226245221
Expenses +85909496184203216194190187192191192
Operating Profit12171921434217403932335329
OPM %12%16%17%18%19%17%7%17%17%15%15%22%13%
Other Income +2388234607-226588106
Interest0001221000000
Depreciation3334884776667
Profit before tax11522440389318305784355628
Tax %-47%9%28%2%26%16%24%33%27%10%18%-2%26%
Net Profit +16481839287814204275285721
EPS in Rs5.2315.525.7312.679.1325.404.426.5013.5424.289.1018.446.71
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +35.96%35.79%35.78%35.77%35.77%
FIIs +11.05%11.24%10.27%8.03%7.45%
DIIs +10.52%11.52%12.65%19.02%19.86%
Public +42.47%41.45%41.31%37.18%36.94%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Aug 03, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Jul 28, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Jul 23, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Jul 22, 2026PDFCompany Reports Open