Mastek Limited

IT company offering enterprise technology solutions and services, with operations and development centers in India.

1982 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Mastek Profile

Key Indicators

  • Authorised Capital ₹ 40.75 Cr
  • Paid Up Capital ₹ 15.44 Cr
  • Company Age 43 Year, 13 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 157.89 Cr
  • Satisfied Charges ₹ 270.96 Cr
  • Revenue Growth 17.11%
  • Profit Growth 71.37%
  • Ebitda 39.21%
  • Net Worth 23.42%
  • Total Assets 16.81%

About Mastek

Mastek Limited (ML) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 May 1982 and has a history of 43 years. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523704 and on the National Stock Exchange(NSE) under MASTEK.

The Corporate was formerly known as Management And Software Technology Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 40.75 Cr and a paid-up capital of Rs 15.44 Cr.

The company currently has active open charges totaling ₹157.89 Cr. The company has closed loans amounting to ₹270.96 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mastek Limited India are Dinesh Kalani as COMPANY SECRETARY and Umang Nahata as Ceo. Ashank Desai, Rajeev Grover, Ketan Mehta, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74140GJ1982PLC005215

  • Company No.

    005215

  • Stock Symbol

    BSE : 523704 NSE : MASTEK

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 May 1982

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

What products or services does Mastek Limited offer?

Mastek Limited offers a wide range of products and services, including Software Development & IT Consultant, Integration Support Service.

Company report

Mastek Limited

Explore comprehensive data for Mastek Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mastek?

Executive Team (2)

NameDesignationAppointment DateStatus
Dinesh Kalani Country flag representing In Company Secretary01-Sep-2015Current
Umang Nahata CEO09-Nov-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Umang Nahata Country flag representing In Whole-Time Director 19-Jul-2023Current
Suresh Vaswani Country flag representing In Director 11-Dec-2022Current
Rajeev Grover Country flag representing In Director 28-Jan-2020Current
Ashank Desai Country flag representing In Director 06-Jun-1982Current
Ketan Mehta Country flag representing Us Director 29-Dec-2020Current
Marilyn Jones Country flag representing Us Director 05-Sep-2023Current

Financial Performance of Mastek.

Mastek Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.11% increase. The company also saw a substantial improvement in profitability, with a 71.37% increase in profit. The company's net worth Soared by an impressive increase of 23.42%.

Mastek revenue growth over time
Mastek profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
17.11%
Revenue from Operations
22.08%
Total Assets
16.81%
Profit or Loss
71.37%
Net Worth
23.42%
EBITDA
39.21%

What is the Ownership and Shareholding Structure of Mastek?

In 2022, Mastek had a promoter holding of 37.31% and a public holding of 62.71%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹157.89 Cr

Satisfied Charges

₹270.96 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 105.90 Cr
  • Others : 40.00 Cr
  • Standard Chartered Bank : 6.00 Cr
  • Hdfc Bank Limited : 5.99 Cr

Latest Charge Details

DateLenderAmountStatus
01 Feb 2025Hdfc Bank Limited₹2.27 MOpen
13 Nov 2024Hdfc Bank Limited₹2.14 MOpen
19 Sep 2024Hdfc Bank Limited₹2.62 MOpen
17 Aug 2024Hdfc Bank Limited₹1.15 MOpen
02 Aug 2024Hdfc Bank Limited₹1.08 MOpen

How Many Employees Work at Mastek?

Mastek has a workforce of 1502 employees as of Mar 26, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mastek Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mastek, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mastek's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mastek

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 101045818 was registered on 01 Feb 2025.

  • Charges

    A charge registered on 22 Oct 2024 via Charge ID 100998299 with Others was fully satisfied on 30 Dec 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 101016610 was registered on 13 Nov 2024.

  • Director Appointment

    Umang Tejkaran Nahata was appointed as a Ceo was appointed as a Ceo on 09 Nov 2024 & has been associated with this company since 6 months 17 days .

  • Charges

    A charge with Others amounted to Rs. 45.00 Cr with Charge ID 100998299 was registered on 22 Oct 2024.

  • Charges

    A charge with Citi Bank N.A. of Rs. 85.90 Cr registered on 13 Oct 2020 with Charge ID 100416290 was modified on 22 Oct 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mastek Limited?

    Mastek Limited was incorporated on 14 May 1982.

  • What is authorized share capital and paid-up capital of Mastek Limited?

    The authorized share capital of Mastek Limited is ₹ 40.75 Cr and paid-up capital is ₹ 15.44 Cr.

  • Who are the current board members & directors of Mastek Limited?

    Currently 8 directors are associated with Mastek Limited.

    • Ashank Datta Desai
    • Rajeev Kumar Grover
    • Ketan Mehta
    • Umang Tejkaran Nahata
    • Suresh Choithram Vaswani
    • Dinesh Gopikishan Kalani
    • Umang Tejkaran Nahata
    • Marilyn Frances Jones

  • What is the registered address of Mastek Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mastek Limited is 804/805 President Houseopp C N Vidyalaya Nr Ambawadi Circle India, Ahmedabad, Gujarat, 380006.

  • What is the corporate identification number (CIN) and company number of Mastek Limited?

    The corporate identification number (CIN) of Mastek Limited is L74140GJ1982PLC005215 and the company number is 005215 as per Ministry of Corporate Affairs (MCA).

  • Is Mastek Limited registered with any stock exchange in India?

    Yes, Mastek Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MASTEK.

  • What is the official website of Mastek Limited?

    The Official website of Mastek Limited is https://www.mastek.com

  • What has been the recent revenue trend for Mastek Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mastek Limited has risen by 17.11%.

  • How many employees does Mastek Limited currently have?

    As Per 2023 financial reports, 1502 employees are currently employed by Mastek Limited.

  • What change has been observed in the net worth of Mastek Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mastek Limited has experienced an upsurge of 23.42%.

  • What are the total open charges for Mastek Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mastek Limited amount to ₹ 157.89 Cr.

  • When was the last Balance Sheet of Mastek Limited filed with the ROC?

    The most recent Balance Sheet for Mastek Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on IT Consulting & Support Services