MASTEK
FAIRLY_VALUEDMastek
IT · NSE
↑ 35.4% vs fair value
52W Low
₹1,334
+22.9% from low
52W High
₹2,818
-41.8% from high
Valuation Gauge
Current Price
₹1,640
Fair Value
₹2,537
Fair Value Analysis
₹2,537
Based on free cash flow projections and earnings growth potential for IT sector companies | Sector-cheap: P/E at 14th percentile vs sector peers. | CAUTION: ROCE declining (latest 17.9%) — returns on capital are falling; verify this isn't a value trap. | Growth capped at 16.2% (ROE 14.1%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable.
Cash Flow Analysis
50% weight
Growth Valuation
50% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Financially Healthy
Profitability
ROE of 14.8% is acceptable for IT sector (benchmark: 20%)
Debt & Leverage
D/E ratio of 0.1x is well within the IT sector norm of 0.8x — strong balance sheet
Valuation vs Peers
P/E of 11.9x trades at a 78% discount to IT sector median (53x) — attractively valued
Cash Flow
FCF margin of 13.9% — strong cash generation (₹514 Cr)
Earnings Growth
5yr EPS CAGR of 11.3% is below the IT sector average of 14.2%
Dividend
Dividend yield of 1.6% provides strong shareholder returns (benchmark: 1.5%)
Company Health Timeline
10-year financial health at a glance
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
9.9%
Free cash flow / market cap
Revenue Growth (YoY)
+3.6%
Year-on-year revenue change
Profit Growth (YoY)
+30.9%
Year-on-year PAT change
Operating Cash Flow
₹542 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹130.4
P/E Ratio
11.9x
P/B Ratio
1.6x
ROE
14.8%
ROCE
16.6%
Debt / Equity
0.15x
Beta
0.23
Div Yield
1.5%
FCF (Cr)
₹514 Cr
Revenue (Cr)
₹3,699 Cr
EPS Growth 5Y
11.3%
Mkt Cap (Cr)
₹4,805 Cr
52W High
₹2,818
52W Low
₹1,334.2
Book Value/Share
₹966.5
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| 2026-03-31 | ₹3.7K Cr | ₹586 Cr | 16.0% | ₹404 Cr | ₹130.33 |
| 2025-03-31 | ₹3.5K Cr | ₹546 Cr | 16.0% | ₹376 Cr | ₹121.50 |
| 2024-03-31 | ₹3.1K Cr | ₹509 Cr | 17.0% | ₹311 Cr | ₹97.36 |
| 2023-03-31 | ₹2.6K Cr | ₹456 Cr | 18.0% | ₹310 Cr | ₹95.99 |
| 2022-03-31 | ₹2.2K Cr | ₹463 Cr | 21.0% | ₹333 Cr | ₹98.32 |
| 2021-03-31 | ₹1.7K Cr | ₹364 Cr | 21.0% | ₹252 Cr | ₹82.97 |
| 2020-03-31 | ₹1.1K Cr | ₹156 Cr | 15.0% | ₹114 Cr | ₹44.82 |
| 2019-03-31 | ₹1.0K Cr | ₹132 Cr | 13.0% | ₹101 Cr | ₹42.33 |
| 2018-03-31 | ₹817 Cr | ₹100 Cr | 12.0% | ₹70 Cr | ₹29.53 |
| 2017-03-31 | ₹560 Cr | ₹45 Cr | 8.0% | ₹32 Cr | ₹13.86 |
| 2016-03-31 | ₹527 Cr | ₹18 Cr | 3.0% | ₹14 Cr | ₹5.97 |
| 2015-03-31 | ₹1.0K Cr | ₹47 Cr | 5.0% | ₹18 Cr | ₹7.86 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
IT| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Dolat Algotech Limited | ₹75.1 | ₹541.9 | +86.2% | 11.2 | 20.4% | UNDERVALUED |
Ceinsys Tech Limited | ₹907 | ₹4,257.5 | +78.7% | 15.9 | 24.6% | UNDERVALUED |
Radhika Jeweltech Limited | ₹58 | ₹247.9 | +76.6% | 8.3 | 18.7% | UNDERVALUED |
Shilchar Technologies Limited | ₹4,090 | ₹14,370.8 | +71.5% | 29 | 37.8% | UNDERVALUED |
Kellton Tech Solutions Limited | ₹15.3 | ₹50 | +69.5% | 8.7 | 12.7% | UNDERVALUED |
Onward Technologies Limited | ₹260.7 | ₹659.2 | +60.5% | 13.9 | 19.3% | UNDERVALUED |
Cigniti Technologies Limited | ₹1,260.1 | ₹2,957.1 | +57.4% | 11.5 | 26.8% | UNDERVALUED |
Ducon Infratechnologies Limited | ₹3.4 | ₹6.6 | +48.9% | 8.5 | 10.1% | UNDERVALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
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