The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Mastek Limited provides enterprise digital and cloud transformation solutions. Its segments include the United Kingdom, North America, and AMEA. The portfolio of the Company’s offering includes business and technology services comprising application development, application…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, slow-growing business, trading cheap versus its own history.
Mastek is scored on the it / services framework. It keeps a healthy 10.7% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.34× reported profit. It throws off free cash worth 10.4% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at 13%/yr and profit at 9%/yr. Book value itself has compounded 19%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 13.4%. In the latest quarter profit fell 0% versus the prior quarter.
At 11× earnings, the stock sits at the 1st percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~0%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 10.74 | — | — |
| P/B | 1.43 | 7.91 | better |
| EV/EBITDA | 6.81 | — | — |
| ROE | 13.36 | 5.95 | better |
| ROCE | 16.06 | 66.62 | worse |
| ROA | 9.93 | — | — |
| Quick Ratio | 2.16 | 11.28 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| TCS | 17.4 | 7.6 | 43.4% |
| Infosys | 15.6 | 5.1 | 31.0% |
| HCL Technologies | 21.3 | 5.1 | 24.1% |
Revenue has grown every year across all 4 financial years shown. 13% CAGR over 3 years — steady double-digit compounder.
Revenue is outpacing profit (13% vs 9%) — costs are rising faster than the top line.
Operating margin has compressed from 16% to 14% — costs or competition are eating into profitability.
ROE at 14% — a respectable return on shareholder capital. Low variance across years — a predictable business that earns steadily on its equity base.
EPS has grown every year — each share earns more than the last, consistently. 10% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.3× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 35.8% — dispersed ownership; institutional flows drive the stock. FIIs trimmed 4.3pp — foreign money is rotating out. MF holding up 10.8pp — domestic institutional discovery underway.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.