Information TechnologyMid capRs 5,286 crRs 16.3 cr traded a day
Close on 2026-08-21
1,705.20
+0.69%
52-week range29% of the way up
1,342.202,577.10
Market cap
5,286 cr
P/E (TTM)
12.7×
industry 26×
EPS (TTM)
134.78
Revenue YoY
+7.7%
Q1 FY27
Profit YoY
+15.0%
Net margin
10.7%
+0.7pt vs a year ago
Growth trend
+4.1pt
vs last quarter’s YoY
1 month
+1.5%
Below 52w high
51.1%
RSI (14)
17
oversold
Daily swing
3.2%
average true range
Volume
0.9×
vs 20-day average
Traded
Rs 16 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
1 week
−6.93%
1 month
+1.54%
3 months
+4.47%
6 months
+7.43%
1 year
−34.60%
The read
written from the numbers on this page
The evidence is mixed2 supporting, 2 against, 1 worth knowing
Supporting
revenue grew 8% year on year in the quarter ending 2026-06-30
priced at 13× earnings against an industry median of 26× — 51% below its peers
Against
trading 5% below its 200-day average
down 35% over twelve months
Worth knowing
RSI at 17 is washed out — historically the better half of this site's measured edge comes from exactly this condition
What would change this read: a close back above 1,797, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
read from the filings, with the figure behind every line
Working3
Holds more cash than borrowings, Rs 704 cr against Rs 421 cr.
Rs 704 crRs 421 cr
Operating cash flow was Rs 542 cr against Rs 418 cr of profit over four quarters, 130% of it.
Rs 542 crRs 418 cr130%
Borrowings are 0.14 times owners' equity, Rs 421 cr against Rs 2,992 cr.
0.14Rs 421 crRs 2,992 cr
Needs watching1
UK & Europe operations is 67% of revenue, so the business rests on one segment.
UK & Europe operations67%
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.
How it has performed
price return over each window, measured against zero
What the scans say today
3 of 47 matched on 2026-08-21
MASTEK matches 3 of the 47 scans today, across 2 different kinds of evidence.
segments and revenue mix, as the company reports them
MASTEK reports 3 business segments. The largest is UK & Europe operations at 67% of revenue in the quarter ending 2026-06-30.
SegmentRevenueSharevs a year ago
UK & Europe operations664 cr67.4%—
North America operations214 cr21.7%—
AMEA108 cr11.0%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 2026-03-31
Return on equity
14.0%
trailing profit over shareholders’ funds
Return on capital
15.8%
pre-tax profit over equity plus borrowings
Debt to equity
0.14×
421 cr borrowed against 2,992 cr of equity
Net debt
283 cr
cash exceeds borrowings
Cash conversion
130%
operating cash flow as a share of profit
Receivable days
56
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
500 sessions since 2024-09-06
12×
median 18×
27×
now 13×
MASTEK trades at 13× trailing earnings, below its median of 18× over this window — 32% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · AGM / EGM filings were typically +0.00pt vs the market over the next 5 sessions (n=4,362)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 8% against the same quarter a year earlier
profit rose 15% year on year
revenue rose in 3 of the last 4 quarters
Going against it
net margin narrowed from 11.3% to 10.7%
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · consolidated
985
138
106
34.16
10.7%
Q4 FY26
2026-03-31 · consolidated
938
125
106
34.25
11.3%
Q3 FY26
2025-12-31 · consolidated
906
141
108
34.97
12.0%
Q2 FY26
2025-09-30 · consolidated
940
134
97
31.48
10.4%
Q1 FY26
2025-06-30 · consolidated
915
121
92
29.75
10.1%
Q4 FY25
2025-03-31 · consolidated
905
106
81
26.24
9.0%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-0.6%
Versus 200-day average-5.1%
Below 52-week high-33.8%
Above 52-week low+27.0%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)17.5
Higher closes in last 51 of 5
Six-month return+7.43%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)3.16%
Volume versus 20-day0.9x
Median daily turnoverRs 16.3 cr
Peers
Information Technology · 35 classified companies
MASTEK trades at 12.7× trailing earnings against an industry median of 25.6× across 34 other classified companies in its industry — cheaper than them, by 51%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.