MASTEK
₹2358.3
49.2 (2.13%)
As on 29 November, 2023 | 18:03 BSE: 523704 NSE: MASTEKISIN: INE759A01021

Mastek Performance

Day Range

  • Low 2302.25
  • High 2377
2358.3

52 Week Range

  • Low 1475.1
  • High 2539.75
2358.3
  • Open Price2326.95
  • Previous Close2309.1
  • Volume49921

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Mastek Share Price

  • Over 1 Month 9.71%
  • Over 3 Month 4.74%
  • Over 6 Month 16.66%
  • Over 1 Year 40.77%

Mastek Key Statistics

P/E Ratio 26.8
PEG Ratio -2.1
Market Cap Cr 7,228
Price to Book Ratio 4.1
EPS 27.2
Dividend 0.8
Relative Strength Index 53.56
Money Flow Index 75.93
MACD Signal 15.66
Average True Range 75.6

Mastek Investment Rating

  • Master Rating:
  • Mastek (Nse) has an operating revenue of Rs. 2,858.63 Cr. on a trailing 12-month basis. An annual revenue growth of 17% is outstanding, Pre-tax margin of 17% is great, ROE of 17% is exceptional. The company has a reasonable debt to equity of 16%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 15% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 9% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 66 which is a FAIR score but needs to improve its earnings, a RS Rating of 53 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 143 indicates it belongs to a poor industry group of Computer-Tech Services and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Mastek Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 90838981737068
Operating Expenses Qtr Cr 77747362716163
Operating Profit Qtr Cr 1391620295
Depreciation Qtr Cr 3333444
Interest Qtr Cr 0000000
Tax Qtr Cr 4-61011935
Net Profit Qtr Cr 4514521961020
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 387330
Operating Expenses Annual Cr 266223
Operating Profit Annual in Cr 4734
Depreciation Cr 1312
Interest Annual Cr 01
Tax Annual Cr 3419
Net Profit Annual Cr 13277
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 5411
Cash from Investing Activity Annual Cr -725
Cash from Financing Annual Activity Cr -56-45
Net Cash Flow Annual Cr -9-8
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 743602
Fixed Assets Annual Cr 3740
Total Non Current Assets Annual Cr 758561
Total Current Assets Annual Cr 77153
Total Assets Annual Cr 835715
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 243200
ROE Annual % 1813
ROCE Annual % 1415
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 3842
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 766725709659625570582
Operating Expenses Qtr Cr 643598584545518461461
Operating Profit Qtr Cr 123127126114107109121
Depreciation Qtr Cr 21202020171112
Interest Qtr Cr 13998523
Tax Qtr Cr 25272425313836
Net Profit Qtr Cr 63707364797780
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,6022,220
Operating Expenses Annual Cr 2,1081,721
Operating Profit Annual in Cr 456463
Depreciation Cr 6743
Interest Annual Cr 258
Tax Annual Cr 117115
Net Profit Annual Cr 293295
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 108273
Cash from Investing Activity Annual Cr -738-20
Cash from Financing Annual Activity Cr 93-129
Net Cash Flow Annual Cr -537125
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,6831,071
Fixed Assets Annual Cr 249147
Total Non Current Assets Annual Cr 1,901973
Total Current Assets Annual Cr 1,2401,515
Total Assets Annual Cr 3,1412,488
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 581407
ROE Annual % 1728
ROCE Annual % 1828
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1923

Mastek Technicals

EMA & SMA

Current Price
₹2358.3
49.2 (2.13%)
pointer
  • Bullish Moving Average
  • ___
  • 13
  • Bearish Moving Average
  • ___
  • 3
  • 20 Day
  • ₹2328.07
  • 50 Day
  • ₹2300.42
  • 100 Day
  • ₹2225.6
  • 200 Day
  • ₹2114.96
  • 20 Day
  • ₹2300.77
  • 50 Day
  • ₹2327.29
  • 100 Day
  • ₹2244.76
  • 200 Day
  • ₹2002.21

Mastek Resistance and Support

PIVOT
₹2345.85
Resistance
First Resistance ₹2389.45
Second Resistance ₹2420.6
Third Resistance ₹2464.2
RSI 53.56
MFI 75.94
MACD Single Line 15.66
MACD 24.98
Support
First Resistance ₹2314.7
Second Resistance ₹2271.1
Third Resistance ₹2239.95

Mastek Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 64,313 3,197,642 49.72
Week 47,356 1,970,020 41.6
1 Month 49,829 2,063,413 41.41
6 Month 110,160 4,496,727 40.82

Mastek Result Highlights

Mastek Synopsis

NSE-Computer-Tech Services

Mastek Li is involved in the business activities of Computer programming, consultancy and related activities. Company’s Total Operating Revenue is Rs. 313.39 Cr. and Equity Capital is Rs. 15.26 Cr. for the Year ended 31/03/2023. Mastek Ltd. is a Public Limited Listed company incorporated on 14/05/1982 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L74140GJ1982PLC005215 and registration number is 005215.
Market Cap 7,227
Sales 343
Shares in Float 1.93
No of funds 113
Yield 0.82
Book Value 9.49
U/D Vol ratio 0.8
LTDebt / Equity
Alpha 0.12
Beta 1.05

Mastek

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 36.5%36.57%36.75%37.27%
Mutual Funds 1.4%1.12%0.96%0.33%
Insurance Companies 0.22%0.12%
Foreign Portfolio Investors 13.93%13.42%13.14%13.25%
Financial Institutions/ Banks
Individual Investors 31.47%32.64%33.67%34.48%
Others 16.48%16.13%15.48%14.67%

Mastek Management

Name Designation
Mr. Ashank Desai Non Executive Chairman
Mr. Rajeev Kumar Grover Ind. Non-Executive Director
Mr. Ketan Mehta Non Exe.Non Ind.Director
Mr. Suresh Vaswani Non Exe. & Ind. Director
Mr. Umang Nahata Non Exe.Non Ind.Director

Mastek Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Mastek Corporate Action

Date Purpose Remarks
2023-10-19 Quarterly Results
2023-07-19 Quarterly Results
2023-04-19 Audited Results & Final Dividend
2023-01-17 Quarterly Results & Interim Dividend
2022-12-11 Preferential issue of shares
Date Purpose Remarks
2023-02-01 INTERIM Rs.7.00 per share(140%)Interim Dividend
2022-02-01 INTERIM Rs.7.00 per share(140%)Interim Dividend

Mastek MF Shareholding

Name Amount(cr)
ICICI Prudential Technology Fund Growth 10868
Tata Digital India Fund Regular Growth 7904
Edelweiss Small Cap Fund Regular Growth 2473
Nippon India Nifty Smallcap 250 Index Fund Reg Gr 719
Motilal Oswal Nifty 500 Fund Regular Growth 548

Mastek FAQs

What is Share Price of Mastek ?

Mastek share price is ₹2358 As on 29 November, 2023 | 17:49

What is the Market Cap of Mastek ?

The Market Cap of Mastek is ₹7228.1 Cr As on 29 November, 2023 | 17:49

What is the P/E ratio of Mastek ?

The P/E ratio of Mastek is 26.8 As on 29 November, 2023 | 17:49

What is the PB ratio of Mastek ?

The PB ratio of Mastek is 4.1 As on 29 November, 2023 | 17:49

Q2FY23