Mastek Ltd

Mastek has allotted 6,420 equity shares under ESOP on 27 May 2025. With this allotment, the paid up equity share capital has increased to 3,09,46,314 equity shares of Rs. 5 each aggregating to Rs. 15,47,31,570 . Powered by Capital Market - Live

Mastek announced the successful go-live of a full-scale Oracle Fusion Cloud suite implementation for Air Niugini, the national airline of Papua New Guinea (PNG). This milestone represents one of the most significant digital transformation initiatives within the PNG aviation sector, enabling a leap forward in operational efficiency, automation, and data-driven decision-making. As a leading carrier offering both domestic and international services, Air Niugini recognised the need to modernise its ageing legacy infrastructure to meet evolving business and regulatory demands. With a fragmented system landscape and high dependency on manual processes, Air Niugini is now focused on transformation strategies to ensure agility, visibility, and scalability - critical factors for operational excellence in the modern aviation industry. To address these challenges, Air Niugini partnered with Mastek as its strategic advisor and implementation partner to drive a comprehensive cloud-enabled transformation aligned with its long term vision of operational excellence, financial sustainability, and workforce empowerment.Powered by Capital Market - Live

Jha is a chartered accountant and a science graduate. He is passionate about coaching and motivating a team to engender winning professionals. Raghavendra Jha is a seasoned finance leader with experience spanning more than two decades in IT, manufacturing, metal and retail industries. Prior to Mastek, Jha has worked with Tessolve Semiconductors and Inspira Enterprise as CFO. He has worked with Wipro as a Global Head of Finance Shared Service, CFO for Wipro Middle East, CFO for Manufacturing, Pharma and Technologies business units, CFO for Wipro Business Application services and also with Wipro Corporate Internal Audit. Other than Wipro, Tessolve & Inspira, he has worked with Landmark Group and Tata Steel among others. Mastek is a global provider of enterprise AI, digital, and cloud services, enabling clients to achieve measurable and sustainable returns on their technology investments. It partners with industry leaders such as Oracle, Salesforce, Microsoft, AWS, Snowflake, and Databricks, serving key sectors such as the public sector, healthcare, retail, manufacturing, higher education, and financial services. The company's consolidated net profit declined 11.94% to Rs 81.07 crore despite a 16.12% increase in revenue from operations to Rs 905.42 crore in Q4 FY25 over Q4 FY24. The scrip shed 0.78% to end at Rs 2324.05 on Monday, 19 May 2025.Powered by Capital Market - Live

However, revenue from operations grew by 4.12% quarter on quarter (QoQ) to Rs 905.42 crore in the quarter ended 31 March 2025. On a year-on-year (YoY) basis, Mastek's net profit declined 11.93%, while revenue rose 16.11% in Q4 FY25. Operating EBITDA stood at Rs 138.8 crore in the March quarter, registering a decline of 1.4% QoQ and a growth of 10.9% YoY. The operating EBITDA margin reduced to 15.3% in Q4 FY25, compared to 16.2% in Q3 FY25 and 16.0% in Q4 FY24. In terms of dollars, the firm's revenue was $104.6 million in Q4 FY25, up 1.7% QoQ and 11.6% YoY. In constant currency terms, revenue was up by 2.9% QoQ and 12.3% YoY. The 12-month order backlog was Rs 2,290.9 crore ($264.5 million) as of 31 March 2025, as compared to Rs 2,168.4 crore ($260.0 million) in Q4 FY24, reflecting growth of 5.6% in rupee terms and 0.3% in constant currency terms on a Y-o-Y basis, and Rs 2,138.7 crore ($249.8 million) in Q3 FY25, reflecting growth of 7.1% in rupee terms and 3.8% in constant currency terms on a Q-o-Q basis. The total cash, cash equivalents, and fair value of mutual funds stood at Rs 622.2 crore as of 31st March 2025, as compared to Rs 497 crore as of 31st December 2024. The company added 11 new clients in Q4 FY25. Total active clients during Q4 FY25 were 348 as compared to 351 in Q3 FY25. As of 31st March, 2025, the company had a total of 5,058 employees, of which 3,456 employees were based offshore in India, while the rest were at various onsite locations. Employee count at the end of 31st December, 2024, was 5,260. Last twelve months attrition at 19.3% in Q4FY25 in comparison with 20.1% in Q3 FY25. On a full-year basis, the company's consolidated net profit jumped 25.18% to Rs 375.93 crore on a 13.10% increase in revenue to Rs 3,455.23 crore in FY25 over FY24. Umang Nahata, chief executive officer, Mastek, said, 'We are pleased to report a steady performance in Q4FY25, delivering a revenue growth of 4.1% Q-o-Q and 16.1% Y-o-Y in rupee terms. We closed FY24-25 with strong annual revenue and PAT growth of 13.1% and 20.9%, respectively, in rupee terms, driven by disciplined execution across geographies and innovation across all service lines. We continue to enhance our Data & AI capabilities across verticals, with a focused go-to-market approach targeting Fortune 1000 clients. Our 12-month order backlog grew by 7.1% Q-o-Q, reflecting strong order book performance sustained by demand for our digital engineering, cloud, and data & AI services. Our core business, driven by UK & Europe and Oracle in US continues to grow strongly, particularly in the healthcare and commercial sectors. The UK healthcare and secured government services continue to show strong momentum, supported by the government's 10- year modernization plan and increased investments in AI and data. With strong cash & cash equivalents of Rs 622.2 crore in Q4 FY25, we remain committed to operational efficiency and margin improvement. While macroeconomic uncertainties persist, our sharp execution focus and deep client partnerships positions Mastek for sustainable and profitable growth in FY26 and beyond.' Meanwhile, the company's board has recommended a final dividend of Rs 16 per equity share for the financial year ended 31 March 2025, subject to shareholders' approval at the upcoming 43rd Annual General Meeting. The dividend will be paid within 30 days of approval. Mastek is an IT company providing enterprise digital and cloud transformation services to the government/public sector, health and life sciences, retail and financial service sectors. The company's service offering includes, application development, Oracle suite & cloud migration, digital commerce, application support & maintenance, BI & analytics, assurance & testing and agile consulting. Shares of Mastek shed 0.27% to Rs 2,328.10 on the BSE. Powered by Capital Market - Live

Mastek announced that the Board of Directors of the Company at its meeting held on 18 April 2025, inter alia, have recommended the final dividend of Rs 16 per equity Share (i.e. 320%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Mastek declined 11.94% to Rs 81.07 crore in the quarter ended March 2025 as against Rs 92.06 crore during the previous quarter ended March 2024. Sales rose 16.12% to Rs 905.42 crore in the quarter ended March 2025 as against Rs 779.73 crore during the previous quarter ended March 2024. For the full year,net profit rose 25.19% to Rs 375.93 crore in the year ended March 2025 as against Rs 300.29 crore during the previous year ended March 2024. Sales rose 13.11% to Rs 3455.23 crore in the year ended March 2025 as against Rs 3054.79 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales905.42779.73 16 3455.233054.79 13 OPM %15.3216.05 -15.8216.65 - PBDT132.71121.34 9 526.67480.21 10 PBT114.0593.85 22 451.55390.30 16 NP81.0792.06 -12 375.93300.29 25 Powered by Capital Market - Live

Mastek will hold a meeting of the Board of Directors of the Company on 18 April 2025.Powered by Capital Market - Live

Sarda Energy & Minerals Ltd, Phoenix Mills Ltd, Craftsman Automation Ltd and Tech Mahindra Ltd are among the other losers in the BSE's 'A' group today, 19 March 2025.Mastek Ltd crashed 4.58% to Rs 2327.7 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 22526 shares were traded on the counter so far as against the average daily volumes of 12487 shares in the past one month.Sarda Energy & Minerals Ltd lost 3.20% to Rs 538.25. The stock was the second biggest loser in 'A' group.On the BSE, 42635 shares were traded on the counter so far as against the average daily volumes of 61984 shares in the past one month.Phoenix Mills Ltd tumbled 3.07% to Rs 1559.9. The stock was the third biggest loser in 'A' group.On the BSE, 35394 shares were traded on the counter so far as against the average daily volumes of 8192 shares in the past one month.Craftsman Automation Ltd slipped 2.88% to Rs 4774.35. The stock was the fourth biggest loser in 'A' group.On the BSE, 1447 shares were traded on the counter so far as against the average daily volumes of 2737 shares in the past one month.Tech Mahindra Ltd fell 2.27% to Rs 1398.6. The stock was the fifth biggest loser in 'A' group.On the BSE, 44532 shares were traded on the counter so far as against the average daily volumes of 30999 shares in the past one month.Powered by Capital Market - Live

Mastek Ltd lost 5.26% today to trade at Rs 2310.95. The BSE Information Technology index is down 1.05% to quote at 35551.06. The index is down 11.79 % over last one month. Among the other constituents of the index, Tata Consultancy Services Ltd decreased 1.82% and HCL Technologies Ltd lost 1.81% on the day. The BSE Information Technology index went down 2.21 % over last one year compared to the 4.67% surge in benchmark SENSEX. Mastek Ltd has lost 1.2% over last one month compared to 11.79% fall in BSE Information Technology index and 0.82% drop in the SENSEX. On the BSE, 8173 shares were traded in the counter so far compared with average daily volumes of 12544 shares in the past one month. The stock hit a record high of Rs 3375 on 04 Dec 2024. The stock hit a 52-week low of Rs 2065.75 on 04 Mar 2025.Powered by Capital Market - Live

Raymond Ltd, Ircon International Ltd, Ratnamani Metals & Tubes Ltd, Kirloskar Oil Engines Ltd are among the other stocks to see a surge in volumes on NSE today, 18 March 2025.Mastek Ltd witnessed volume of 37.56 lakh shares by 14:14 IST on NSE, a 22.75 times surge over two-week average daily volume of 1.65 lakh shares. The stock increased 17.88% to Rs.2,491.00. Volumes stood at 1.99 lakh shares in the last session.Raymond Ltd saw volume of 29.32 lakh shares by 14:14 IST on NSE, a 10.87 fold spurt over two-week average daily volume of 2.70 lakh shares. The stock increased 17.57% to Rs.1,447.70. Volumes stood at 1.97 lakh shares in the last session.Ircon International Ltd notched up volume of 320.41 lakh shares by 14:14 IST on NSE, a 7.69 fold spurt over two-week average daily volume of 41.68 lakh shares. The stock rose 5.27% to Rs.145.45. Volumes stood at 37.39 lakh shares in the last session.Ratnamani Metals & Tubes Ltd recorded volume of 3.85 lakh shares by 14:14 IST on NSE, a 6.8 times surge over two-week average daily volume of 56586 shares. The stock gained 8.90% to Rs.2,710.40. Volumes stood at 31606 shares in the last session.Kirloskar Oil Engines Ltd witnessed volume of 27.9 lakh shares by 14:14 IST on NSE, a 4.74 times surge over two-week average daily volume of 5.89 lakh shares. The stock increased 7.70% to Rs.719.35. Volumes stood at 6.57 lakh shares in the last session.Powered by Capital Market - Live