Mastek quarterly results and financials

Mastek (MASTEK)₹1,501+0.77%(9 Nov 2026 close)Computers - Software & Consulting

Key facts

In the Sep 2026 quarter (consolidated), Mastek reported sales of ₹1,019 Cr, up 8.4% from Sep 2025, and net profit of ₹106 Cr, up 9.3% year on year. For the year to Mar 2026, sales were ₹3,699 Cr and net profit ₹403 Cr.

Sales (Sep 2026): ₹1,019 Cr
Net profit (Sep 2026): ₹106 Cr
Sales (FY Mar 2026): ₹3,699 Cr
Net profit (FY Mar 2026): ₹403 Cr
EPS (Sep 2026): ₹34.05
Borrowings (Mar 2026): ₹438 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

Mastek quarterly results

₹ crore unless stated; each column is a quarter.

Mastek Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	784	781	813	867	871	905	915	940	906	938	985	1,019
Expenses	653	656	690	726	731	769	779	796	755	789	835	874
Operating Profit	134	125	124	142	141	139	137	146	152	151	152	146
OPM %	17.0%	16.0%	15.0%	16.0%	16.0%	15.0%	15.0%	16.0%	17.0%	16.0%	14.9%	13.9%
Other Income	3.01	5.01	4.01	17.05	13.03	−5.01	11.03	15.05	14.03	0.00	12.03	22.07
Interest	13.03	9.02	9.02	11.02	12.03	10.02	9.02	9.02	7.02	7.01	7.01	8.01
Depreciation	21.99	26.98	19.99	19.99	16.99	18.99	17.99	17.98	17.98	17.99	17.99	18.97
Profit before tax	102	93.76	98.82	129	126	106	121	134	141	125	138	141
Tax %	23.9%	−1.0%	28.0%	0.0%	24.9%	23.0%	23.9%	26.9%	23.0%	15.0%	24.0%	24.9%
Exceptional items	0.00	0.00	0.00	8.01	3.01	−6.01	0.00	0.00	−4.01	−16.01	0.00	7.01
Net Profit	77.87	93.88	71.83	129	94.79	80.86	91.85	96.90	108	106	106	106
EPS (Rs)	24.55	29.84	23.17	41.66	30.65	26.19	29.76	31.42	34.95	34.22	34.16	34.05

Mastek profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Mastek Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	527	560	817	1,033	1,071	1,722	2,186	2,564	3,057	3,455	3,699	3,848
Expenses	510	517	720	904	918	1,361	1,724	2,114	2,551	2,916	3,120	3,253
Operating Profit	17.93	44.86	99.66	132	155	363	462	454	507	544	584	599
OPM %	3.5%	8.0%	12.0%	13.0%	15.0%	21.0%	20.9%	17.9%	17.0%	16.0%	16.0%	15.6%
Other Income	15.04	12.02	21.05	25.07	17.05	28.08	36.08	64.21	12.03	30.09	40.08	48.13
Interest	0.00	4.01	6.01	6.01	4.01	8.02	8.02	25.03	44.10	42.08	32.05	29.05
Depreciation	15.99	14.99	18.99	16.99	24.97	44.93	42.94	66.97	89.95	74.96	72.97	72.93
Profit before tax	15.96	38.90	95.78	133	144	338	447	427	385	458	520	544
Tax %	16.9%	16.9%	26.9%	24.0%	20.9%	26.0%	26.0%	27.0%	19.0%	18.0%	22.0%	—
Exceptional items	1.01	0.00	3.01	6.01	−13.02	6.01	12.01	20.01	0.00	17.01	−13.01	−13.01
Net Profit	13.97	31.94	69.94	101	114	252	332	309	311	375	403	425
EPS (Rs)	5.96	13.85	29.54	42.34	44.80	82.99	98.20	95.89	97.32	121.46	130.26	137.38
Dividend payout %	41.9%	24.9%	19.9%	19.9%	17.9%	16.9%	18.9%	19.9%	19.9%	18.9%	17.9%	—

Mastek balance sheet

₹ crore, at each year end.

Mastek Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	11.04	12.01	12.04	12.04	12.05	12.04	13.05	15.06	15.06	15.05	15.03	16.06
Reserves	585	308	457	536	703	778	845	1,055	1,666	2,071	2,446	2,974
Borrowings	28.99	0.00	65.92	69.92	69.92	335	273	203	403	518	582	438
Other Liabilities	206	107	170	202	180	761	1,143	1,191	1,022	1,043	754	863
Total Liabilities	831	427	705	821	966	1,886	2,274	2,465	3,107	3,648	3,797	4,291
Fixed Assets	279	65.96	180	179	167	856	807	841	1,740	1,950	1,817	1,939
CWIP	0.99	0.00	0.00	1.99	0.99	1.99	1.99	3.99	6.99	0.99	1.99	1.99
Investments	54.11	50.12	275	285	397	277	234	66.16	69.19	94.19	179	235
Other Assets	496	311	250	355	400	752	1,231	1,553	1,292	1,603	1,800	2,115
Trade receivables	133	97.33	85.30	175	209	317	376	437	509	562	527	582
Cash & equivalents	163	88.90	47.92	87.82	92.88	220	607	725	208	383	460	703
Total Assets	831	427	705	821	966	1,886	2,274	2,465	3,107	3,648	3,797	4,291

Mastek cash flow

₹ crore, for each year.

Mastek Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	59.11	32.05	43.07	65.14	75.10	184	288	274	108	420	397	543
Cash from investing activity	−28.06	−84.09	−127	−18.02	−54.13	−263	218	−26.04	−720	−249	−260	2.01
Cash from financing activity	22.08	−4.01	65.21	−7.02	−16.03	205	−118	−128	93.29	2.01	−57.19	−301
Net cash flow	52.90	−56.88	−19.95	39.93	4.99	127	387	119	−519	173	79.93	244
Capex	48.84	12.95	12.95	14.96	15.96	15.96	11.95	36.91	31.92	30.88	19.94	27.89
Free cash flow	10.03	20.07	31.12	50.17	60.19	170	277	238	126	392	379	516
CFO / OP %	121.1%	199.1%	102.1%	74.1%	80.1%	149.1%	92.1%	83.1%	53.1%	104.1%	95.1%	121.1%

Mastek ratios

Working-capital days and returns, by year.

Mastek Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	48	67	55	78	74	108	79	73	72	67	55	57
Cash conversion cycle	49	68	56	79	75	109	80	74	73	68	56	58
Working capital days	25	38	29	15	38	4	−35	−20	34	−1	28	19
ROCE %	5.0%	3.0%	10.1%	17.1%	19.1%	16.0%	26.1%	32.1%	23.0%	18.0%	17.1%	18.0%

Mastek: frequently asked questions

What are the latest quarterly results of Mastek?

For the Sep 2026 quarter, Mastek reported sales of ₹1,019 Cr, up 8.4% year on year and net profit of ₹106 Cr, up 9.3% year on year. The operating margin was 13.9%.

What is the annual revenue of Mastek?

Mastek's sales for the year to Mar 2026 were ₹3,699 Cr; over the last twelve months they were ₹3,848 Cr.

What is the net profit of Mastek?

Net profit for the year to Mar 2026 was ₹403 Cr, and ₹425 Cr over the last twelve months. Earnings per share over the same trailing period were ₹137.38.

How much debt does Mastek have?

Mastek reported borrowings of ₹438 Cr at Mar 2026, against cash and equivalents of ₹703 Cr.

What is the free cash flow of Mastek?

Cash from operations was ₹543 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹516 Cr.

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