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Earnings Call

Mastek Earnings Call: Key Takeaways

Mastek delivered a stable Q4 with 3.6% sequential revenue growth despite geopolitical headwinds, though healthcare saw a timing-related dip.

Highlights
Revenue growthUSD revenue up 3.1% YoY; INR revenue up 7.0% YoY.
MarginsStable EBITDA at 16.1% despite wage hikes and pricing pressure.
Order bookUSD 300.4 million, up 13.5% YoY in USD terms.
Demand visibilityStrong visibility in UK public sector and financial services.
Management confidenceBalanced; cautiously optimistic for FY27 recovery in North America.

Growth

Revenue grew 7.0% YoY in Rupee terms; order backlog rose 13.5% in USD, indicating strong execution.

Outlook

Guidance for FY27 suggests growth exceeding FY26 levels, backed by a $300.4M order backlog.

Risks

Pricing pressure from AI adoption and geopolitical volatility in the Middle East and UK public sector.

Source

Earnings Call filed with BSE, NSE: MASTEK. Summary written with AI assistance from the document.

Read the document ↗

Mastek Ltd: key numbers

Share price
₹1,555.90
Market cap
₹4,824 Cr
Revenue (annual)
₹3,699 Cr
Net profit (annual)
₹404.0 Cr
P/E (TTM)
11.6×Sector 21.9×
Promoter holding
35.76%+0.00% QoQ
FII holding
7.45%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Bandhan Mutual Fund acquired 18,000 Mastek shares in the open market on September 15, 2026, raising its stake to 5.0544%. No transaction price is disclosed.

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16:04 IST BSE
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Mastek Employee Stock Options

Mastek Limited allotted 3,969 equity shares following the exercise of vested options under its ESOP Plan VII. Consequently, the company's paid-up share capital increased to Rs. 15,50,31,880.

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Mastek Business Update

Mastek Limited completed the sale of its commercial building at Mahindra World City, Chennai for ₹60 Crore. The transaction is not a related party deal.

Value
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