Mastek Ltd
NSE:MASTEK

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Mastek Ltd
NSE:MASTEK
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Price: 2 745.5 INR -1.32% Market Closed
Market Cap: 84.8B INR

Mastek Ltd
Investor Relations

Mastek Ltd. stands as a noteworthy player in the global IT services arena, boasting a rich history that traces back to its founding days in 1982. Emerging from the tumultuous backdrop of economic reforms in India, Mastek carved its niche by addressing complex technology requirements for large enterprises. Known primarily for its strength in enterprise application development, system integration, and digital transformation services, Mastek specializes in delivering bespoke IT solutions that align with the evolving needs of various industries. From financial services to healthcare and retail, the company's diversified portfolio underscores its adaptability and in-depth understanding of domain-specific challenges faced by businesses across the globe.

At the heart of Mastek's revenue model lies its focus on fostering long-term client relationships. By leveraging its expertise in creating tailored digital solutions, Mastek not only achieves efficient project delivery but also ensures ongoing support and upgrades, thereby securing recurring revenue streams. The company's strategic expansions, including acquisitions like that of Evosys, have further bolstered its capabilities in the lucrative cloud solutions sector, enhancing its competitive edge. As it continues to innovate, Mastek draws its strength from an enduring commitment to quality and agile methodologies, keenly focused on empowering clients to navigate the complexities of digital transformation, while maintaining a sharp eye on growth and shareholder value.

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Earnings Calls

2025 Q2
Oct 18, 2024
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Mastek's Q2 FY25: Strong Growth and Margin Improvement Ahead
2025 Q2
Oct 18, 2024

Mastek Ltd. reported a solid Q2 FY25, with revenues of INR 867 crores, growing 6.7% quarter-on-quarter and 13.3% year-on-year. The company's operating EBITDA improved to 16.5%, an increase of 125 bps, helped by efficient cost management and currency benefits. North America saw an impressive 18% growth, supporting a positive outlook. Mastek is optimistic about the UK market, bolstered by government contracts, and anticipates further growth thanks to a 12-month order backlog surge of 17.9%. Looking ahead, the company aims to reach mid-teen margins by year-end despite anticipated wage hikes affecting upcoming results.

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Management

Mr. Ashank Datta Desai
Co-Founder & Non-Executive Chairman of the Board
No Bio Available
Mr. Umang Tejkaran Nahata
Interim Group CEO & Nominee Director
No Bio Available
Mr. Ketan Bansilal Mehta
Co-Founder and Non-Executive & Non-Independent Director
No Bio Available
Mr. Raman Sapra
President & Chief Growth Officer
No Bio Available
Mr. Radhakrishnan Sundar
Co-Founder
No Bio Available
Mr. Arun Agarwal
Global Chief Financial Officer
No Bio Available
Ms. Prameela Nagamalati Kalive
Chief Operating Officer
No Bio Available
Mr. Ritwik Batabyal
Chief Technology & Innovation Officer
No Bio Available
Mr. Vimalsingh Dangri
Chief Legal & Compliance Officer
No Bio Available
Ms. Prajakta Talvelkar
Chief Marketing Officer
No Bio Available

Contacts

Address
MAHARASHTRA
Mumbai
106,Sdf-Iv ,Seepz, Andheri(e)
Contacts
+912266952222
www.mastek.com