Mastek Ltd.
Snapshot View

2606.60 -13.30 ▼-0.5%

30 July 2021, 04:00:00 P.M.
Volume: 10,230

Overview View Details

Sector Information Technology Compare with Sector peers
Industry IT - Software Compare with Industry peers
Website http://www.mastek.com
Financial Indicators
Market Cap 6,619.99 Cr.
Earnings per share (EPS) 93.80 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 27.79 Trailing Twelve Months Ending 2021-06
Industry PE 32.45 Trailing Twelve Months Ending 2021-06
Book Value / Share 369.66 Trailing Twelve Months Ending 2021-06
Price to Book Value 7.05 Calculated using Price: 2,606.60
Dividend Yield 0.56 Period Ending 2020-03
No. of Shares Subscribed 2.54 Cr. 25,397,015 Shares
FaceValue 5
Company Profile

Mastek incorporated in 1982, is engaged in providing software solutions and integration services. Mastek a leading IT solutions player with global operations in providing new technology and IP-led enterprise solutions to insurance, government and financial service organizations worldwide

Today, Mastek has grown to become a US $227 million Corporation.The company has partnered with various IT giants for delivering quality product and services namely Microsoft, Oracle and IBM are amongst others.

The company has received ISO 9001 certification for quality management and has assessed at P-CMM Level 3 and SW-CMM Level 5.

Product Offering

Services- Under services the company is engaged in application development, application management outsourcing, system integration, system rationalisation and business frameworks.

Solutions- The company offers solutions that support various sector to deliver quality services. Mastek offers solutions to government, insurance and financial services.

Milestone & Awards

1982: Mastek was founded by 4 IIM graduates viz. Ketan Mehta, Ashank Desai and R Sundar are the founder members who are later joined by Sudhakar Ram in October 1984.

1985: The Company was amongst the first in India to create software products.

1989: One of the first to introduce Relational database management system (RDBMS) in India.

1990: The Company set up subsidiary in Singapore.

1992: Mastek USA was established. 

          The company was first to develop ERP in India.

          Mastek became First Indian IT Company that got listed at premium price.

1993: Mastek was first IT Company to offer Employee Stock Option Plan (ESOP) in India.

1994: The Company set up subsidiary in Malaysia.

1996: Mastek UK is set up.

1997: The Company was among one of the first to foray into CRM services globally.

1999: The Company set up subsidiary in Germany.

2000: First IT Solutions Company in the world to be assessed at P-CMM Level 3.

2002: Company launched Campus at Millennium Park at New Bombay.

2003: One of the worlds largest Dot Net project London Congestion Charging goes live.

2005: Mastek signed the memorandum of agreement to acquire 15.5 acres of land at Mahindra City in Chennai.

         Mastek group’s first development centre was set up outside Maharashtra, India

         The company set up its largest development centre outside Mumbai in Pune.

2007: The Company launched its first development centre outside Maharashtra in Chennai.

           A new building was commissioned at Millennium Park campus at New Bombay.

           Mastek is amongst the first to ride the third wave of Indian IT.  

2010:


Mastek Acquires Kognitio Data Migration Offering.
Mastek - Mastek acquires the assets of SEG Software, LLC.
Achieves CMMi Level 5 (version1.2) appraisal by Software Engineering Institute (SEI).
Mastek's Elixir Distribution Management (EDM) solution rated 'Positive' in Gartner's Incentive Compensation Management (ICM) Marketscope report.
Earned prestigious standing in the vendor ranking of the Vanguards in Insurance Practices (VIP) program by INN and Celent - determined solely by voting from insurance carriers, brokers and agents in 2009 and 2010.
Ranked amongst the Best 20 Leaders by The International Association of Outsourcing Professional (IAOP), industry focus Government in 2009 and 2010.
Ranked amongst the Best 20 Leaders by The International Association of Outsourcing Professional (IAOP), industry focus Financial Services- Insurance in 2009 and 2010.
Ranked amongst the Best 20 Leaders by The International Association of Outsourcing Professional (IAOP), industry focus Financial Service – Banking, Capital Markets in 2009 and 2010.
Ranked amongst the Best 20 Leaders by The International Association of Outsourcing Professional (IAOP), Services offered – Information and Communication in 2009 and 2010.

2011:

Mastek wins contract worth Rs. 59 crore.
Consistently ranked high on the list of Top 100 outsourcing companies in the World by The International Association of Outsourcing Professionals (IAOP) in 2006, 2007, 2008, 2009, 2010 and 2011.
Mastek UK Project Manager Vishal Somal became one of the first candidates to receive the APMG & DSDM qualification in Agile Project Management
Apollo Munich Health Insurance won Celent Model Insurer Asia 2011 Award for the solution developed by Mastek.
Our customer, Commercial Tax Department, Government of Odisha, won the jury award for 'The Best Project under the Government to Business (G2B) Category' at the eWorld Forum for our e-Services solution.
Mastek and its client, Department of Social Justice & Special Assistance, Government of Maharashtra, won the jury award for 'Best ICT in Financial Inclusion Initiative of the year' at the eIndia Awards for the e-Scholarship solution developed by Mastek.
Mastek and its client, Maharashtra Housing and Area Development Authority (MHADA), Government of Maharashtra, won the jury award for 'Best Urban ICT Initiative of The Year' award at the eIndia Awards for the Integrated Housing Lottery Management System (IHLMS) solution developed by Mastek.
Mastek's 'Claims Surveyor' solution won IDC's FIIA Award for Innovation in Mobility.

2012:
MajescoMastek wins two Celent XCelent Awards for STG Billing.

2013:
Mastek achieves Level 5 (version 1.3 ) appraised by CMMI institute for ‘Product Implementation, Full Scope Projects Managed from India.
Mastek’s Elixir Distribution Management(EDM) solution received the Celent’s XCelent Service Award, 2013
Mastek is ranked 67th in the Leader category in the ‘The 2013 Global Outsourcing 100® service providers’ list by The International Association of Outsourcing Professional (IOAP)

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.51%
1 Week
-3.99%
1 Month
+15.12%
3 Month
+58.53%
6 Month
+132.28%
1 Year
+398.20%
2 Year
+585.41%
5 Year
+1865.02%
9 years 2012-06 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 0.10 6.42 9.48 3.07 3.01 8.31 13.99 16.40 15.51
Return on Capital Employed (%) 1.25 8.21 12.48 4.00 3.60 10.03 17.66 19.86 15.46
Return on Assets (%) 0.07 4.73 7.16 2.30 2.25 5.85 9.44 11.68 8.09

Balance Sheet View Details

Particulars 9 years 2012-06 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 536 533 560 596 319 469 549 716 790
Non Curr. Liab. 20 12 4 23 -8 103 48 65 469
Curr. Liab. 179 171 167 189 103 123 189 169 468
Minority Int. 137
Equity & Liab. 735 716 731 808 413 695 787 950 1,865
Non Curr. Assets 318 311 326 336 137 375 359 466 1,000
Curr. Assets 417 405 406 472 277 320 428 484 865
Misc. Exp. not W/O
Total Assets 735 716 731 808 413 695 787 950 1,865

Profit Loss View Details

Particulars 9 years 2012-06 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 734 683 923 1,013 527 560 817 1,033 1,071
Other Income 12 9 13 18 22 13 21 25 41
Total Income 745 692 936 1,031 549 573 838 1,058 1,113
Total Expenditure -710 -626 -834 -958 -511 -512 -718 -902 -916
PBIDT 35 66 101 73 38 61 121 156 197
Interest -1 0 -1 -1 -1 -4 -6 -6 -4
Depreciation -29 -22 -33 -37 -19 -15 -19 -17 -25
Taxation -5 -9 -16 -5 -3 -7 -26 -32 -30
Exceptional Items -12 -3 -3 1 -24
PAT 1 34 52 18 14 32 70 101 114

Cash Flow View Details

Particulars 9 years 2012-06 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -12 80 89 59 32 43 65 75 184
Cash Fr. Inv. 16 -9 -70 -24 16 -119 -24 -53 -269
Cash Fr. Finan. -14 -43 -67 22 -4 65 -7 -16 205
Net Change -10 29 -48 57 43 -12 34 6 121
Cash & Cash Eqvt 85 111 71 124 67 48 88 93 220

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 45.68 45.61 45.43 45.10 44.82 44.63 44.25 44.32 44.25
Public 54.32 54.39 54.57 54.90 55.18 55.37 55.75 55.68 55.75
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 57.00 57.00 57.00 57.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 30 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement on date of hearing of petition for sanction of the Scheme of Arrangement
Thu, 29 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of the SEBI Listing Regulations we have received an information regarding loss of Share Certificates received from shareholder of the Company
Wed, 28 Jul 2021
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Earnings Conference Call Transcript - Q1 FY22

Technical Scans View Details

Thu, 29 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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