Mastek Peer Comparison

NSE: MASTEK | BSE: 523704

₹1,443.70

₹-14.60 (-1.00%)

As on 04-Nov-2026IST

Market cap

₹4,476 Cr

Revenue (TTM)

₹3,848 Cr

P/E Ratio

10.5

P/B Ratio

1.4

Div. Yield

1.7 %

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	Mastek	Sterlite Tech	Tata Elxsi	Fractal Analytics	Zensar Tech
Market cap (₹ Cr)	4,476	40,972	23,210	14,551	12,138
Revenue (₹ Cr)	3,848	7,137	4,024	3,610	5,975
Net Profit (₹ Cr)	426.05	756.00	670.14	439.80	784.40
Net Margin (%)	10.88	10.48	15.97	11.93	12.65
RoE (%)	14.18	22.06	24.90	11.38	16.75
Price to Earnings	10.51	54.20	34.63	38.72	15.47
Price-To-Book	1.40	9.02	7.97	4.97	2.49

Income Statement (₹ Cr)

	Mastek	Sterlite Tech	Tata Elxsi	Fractal Analytics	Zensar Tech
Operating Revenue	3,847.61	7,137.00	4,023.99	3,609.70	5,974.60
Total Income	3,916.12	7,215.00	4,196.99	3,685.70	6,202.30
Total Expenditure	3,253.73	5,625.00	3,109.78	3,008.00	5,018.50
EBITDA	593.88	1,512.00	914.21	601.70	956.10
Depreciation	74.09	350.00	92.00	159.30	108.30
EBIT	519.79	1,162.00	822.21	442.40	847.80
Interest	28.95	237.00	13.92	38.20	11.60
Other Income	68.51	78.00	173.00	76.00	227.70
Exceptional Items	-13.01	16.00	-95.69	0.70	-24.90
Profit before Tax	546.34	1,019.00	885.60	480.90	1,039.00
Provision for Tax	120.29	263.00	215.46	41.10	254.60
Profit after Tax	426.05	756.00	670.14	439.80	784.40

	Mastek	Sterlite Tech	Tata Elxsi	Fractal Analytics	Zensar Tech
Shareholder's Funds	3,189.46	4,543.00	2,912.79	3,429.80	4,869.70
Minority Interest	0.00	0.00	0.00	8.40	0.00
Non-Current Liabilities	264.06	836.00	149.02	207.90	223.00
Current Liabilities	837.04	2,651.00	787.64	540.40	1,042.60
Total Liabilities	4,293.11	6,288.00	3,962.54	4,338.30	6,072.00

	Mastek	Sterlite Tech	Tata Elxsi	Fractal Analytics	Zensar Tech
Non-Current Assets	2,156.84	3,713.00	209.21	1,150.70	1,637.10
Current Assets	2,067.61	4,109.00	2,954.00	2,855.00	4,361.70
Total Assets	4,293.11	6,288.00	3,962.54	4,338.30	6,072.00
Total Debt*	421.39	1,827.00	0.00	286.00	0.00
Net Current Assets	1,230.57	1,458.00	2,166.36	2,314.60	3,319.10
Contingent Liabilities	46.12	226.00	0.67	10.00	36.30

	Mastek	Sterlite Tech	Tata Elxsi	Fractal Analytics	Zensar Tech
Cash From Operating Activities	541.69	520.00	663.98	409.00	770.80
Cash Flow from Investing Activities	-66.16	-507.00	-72.52	-1,422.30	-240.60
Cash from Financing Activities	-299.99	-133.00	-534.79	937.80	-401.00
Net Cash Inflow / Outflow	175.54	-120.00	56.67	-75.50	129.20

	Mastek	Sterlite Tech	Tata Elxsi	Fractal Analytics	Zensar Tech
ROCE (%)	17.21	8.38	28.57	12.90	23.53
ROE (%)	14.18	22.06	24.90	11.38	16.75
ROA (%)	10.24	10.91	18.35	21.06	13.59
EBIT Margin (%)	13.51	16.28	20.43	12.26	14.19
Net Margin (%)	10.88	10.48	15.97	11.93	12.65
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Mastek	Sterlite Tech	Tata Elxsi	Fractal Analytics	Zensar Tech
Revenue Growth (%)	5.99	73.95	10.01	19.38	8.81
EBIT Growth (%)	5.75	560.23	11.72	50.27	12.40
Net Profit Growth (%)	16.64	18,800.00	-0.07	62.11	11.99
EPS Growth (%)	18.66	17,796.89	10.53	61.22	14.50
Book Value Growth (%)	22.56	7.68	6.23	100.45	14.21

	Mastek	Sterlite Tech	Tata Elxsi	Fractal Analytics	Zensar Tech
Price / Earnings	10.21	54.37	31.30	36.17	15.10
Price / Book Value	1.40	9.02	7.97	4.97	2.49
Dividend Yield (%)	1.66	0.00	2.01	0.00	2.81
EV/EBITDA	6.67	28.09	23.56	21.27	9.99
Market Cap (₹ Cr)	4,164.05	8,645.86	24,776.83	13,089.25	11,655.76

	Mastek	Sterlite Tech	Tata Elxsi	Fractal Analytics	Zensar Tech
Debt to Equity	0.05	0.12	0.00	0.00	0.00
Short term debt to equity ratio	--	0.18	--	--	--
Current Ratio	2.47	1.55	3.75	5.28	4.18
Quick Ratio	2.47	1.23	3.75	5.28	4.18
Interest Coverage	19.87	5.30	64.64	13.59	90.57

	Mastek	Sterlite Tech	Tata Elxsi	Fractal Analytics	Zensar Tech
Debtors to sales (%)	11.99	22.50	26.62	23.35	13.40
Asset Turnover	0.92	1.03	1.10	1.73	1.03
Receivable days	54.49	72.77	99.61	71.62	55.01
Inventory Days	0.00	63.15	0.00	0.00	0.00
Payable days	--	152.27	2,557.12	--	--
Cash Conversion Cycle	--	-16.35	-2,457.51	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.