Analysts Have Made A Financial Statement On Mastek Limited's (NSE:MASTEK) Yearly Report
Apr 22
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- 7D3.7%
- 3M-16.3%
- 1Y-11.3%
- YTD-17.8%
The IT industry is up 3.7% in the last week, with E2E Networks up 13%. During this same period, the HCL Technologies underperformed, falling 11%. In contrast, the industry has lost 11% in the last 12 months. Looking forward, earnings are forecast to grow by 9.9% annually.
Industry Valuation and Performance
Has the Indian IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 Apr 2026 | ₹27.1t | ₹9.1t | ₹1.3t | 22.1x | 20.7x | 3x |
| Sat, 21 Mar 2026 | ₹24.9t | ₹9.0t | ₹1.3t | 19.6x | 19.3x | 2.8x |
| Mon, 16 Feb 2026 | ₹27.9t | ₹8.9t | ₹1.3t | 23x | 21.8x | 3.1x |
| Wed, 14 Jan 2026 | ₹32.9t | ₹8.8t | ₹1.3t | 24.8x | 25.6x | 3.7x |
| Fri, 12 Dec 2025 | ₹32.9t | ₹8.7t | ₹1.3t | 25.4x | 25.1x | 3.8x |
| Sun, 09 Nov 2025 | ₹30.5t | ₹8.7t | ₹1.3t | 27.4x | 23.4x | 3.5x |
| Tue, 07 Oct 2025 | ₹30.2t | ₹8.6t | ₹1.3t | 26.7x | 23.4x | 3.5x |
| Thu, 04 Sep 2025 | ₹30.9t | ₹8.5t | ₹1.3t | 26.7x | 24x | 3.6x |
| Sat, 02 Aug 2025 | ₹30.1t | ₹8.5t | ₹1.3t | 28x | 23.5x | 3.5x |
| Mon, 30 Jun 2025 | ₹33.9t | ₹8.3t | ₹1.3t | 30.1x | 27.1x | 4.1x |
| Wed, 28 May 2025 | ₹33.3t | ₹8.3t | ₹1.3t | 28.1x | 26.5x | 4x |
| Fri, 25 Apr 2025 | ₹31.6t | ₹8.3t | ₹1.2t | 28.4x | 25.4x | 3.8x |
| Sun, 23 Mar 2025 | ₹32.9t | ₹8.3t | ₹1.3t | 26.8x | 26.2x | 4x |
| Tue, 18 Feb 2025 | ₹36.3t | ₹8.2t | ₹1.2t | 28.8x | 29.1x | 4.4x |
| Thu, 16 Jan 2025 | ₹38.6t | ₹8.1t | ₹1.2t | 34.5x | 31.6x | 4.8x |
| Sat, 14 Dec 2024 | ₹41.0t | ₹8.0t | ₹1.2t | 38.3x | 34.1x | 5.1x |
| Mon, 11 Nov 2024 | ₹37.8t | ₹8.0t | ₹1.2t | 37.2x | 31.5x | 4.7x |
| Wed, 09 Oct 2024 | ₹38.2t | ₹7.8t | ₹1.2t | 38.1x | 32.7x | 4.9x |
| Fri, 06 Sep 2024 | ₹39.0t | ₹7.8t | ₹1.2t | 39.9x | 33.4x | 5x |
| Sun, 04 Aug 2024 | ₹36.7t | ₹7.8t | ₹1.2t | 40.4x | 31.4x | 4.7x |
| Tue, 02 Jul 2024 | ₹34.1t | ₹7.7t | ₹1.1t | 37.7x | 29.9x | 4.4x |
| Thu, 30 May 2024 | ₹31.5t | ₹7.7t | ₹1.1t | 34.1x | 27.6x | 4.1x |
| Sat, 27 Apr 2024 | ₹31.8t | ₹7.7t | ₹1.1t | 39.8x | 28.1x | 4.1x |
| Mon, 25 Mar 2024 | ₹32.9t | ₹7.7t | ₹1.1t | 34x | 29.6x | 4.3x |
| Wed, 21 Feb 2024 | ₹35.1t | ₹7.7t | ₹1.1t | 38x | 31.7x | 4.6x |
| Fri, 19 Jan 2024 | ₹34.5t | ₹7.8t | ₹1.1t | 44.1x | 30.3x | 4.4x |
| Sun, 17 Dec 2023 | ₹33.8t | ₹7.8t | ₹1.1t | 43x | 29.6x | 4.3x |
| Tue, 14 Nov 2023 | ₹28.8t | ₹7.7t | ₹1.1t | 38.3x | 25.4x | 3.7x |
| Thu, 12 Oct 2023 | ₹30.4t | ₹7.6t | ₹1.1t | 37.6x | 27x | 4x |
| Sat, 09 Sep 2023 | ₹29.9t | ₹7.6t | ₹1.1t | 37.4x | 26.6x | 4x |
| Mon, 07 Aug 2023 | ₹28.6t | ₹7.5t | ₹1.1t | 36.9x | 25.5x | 3.8x |
| Wed, 05 Jul 2023 | ₹28.1t | ₹7.4t | ₹1.1t | 33.5x | 25.5x | 3.8x |
| Fri, 02 Jun 2023 | ₹27.9t | ₹7.4t | ₹1.1t | 28.1x | 25.3x | 3.8x |
| Sun, 30 Apr 2023 | ₹26.4t | ₹7.4t | ₹1.1t | 26x | 24x | 3.6x |
Price to Earnings Ratio
24x
Current Industry PE
- Investors are pessimistic on the Indian IT industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 20.7x which is lower than its 3-year average PE of 27.1x.
- The 3-year average PS ratio of 4.0x is higher than the industry's current PS ratio of 3.0x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 5.8% per year over the last three years.
- Revenues for these companies have grown 7.0% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Tech industry?
| IN Market | 4.27% | |
| Tech | 4.43% | |
| IT | 3.72% | |
| Internet Services and Infrastructure | 13.17% | |
| Data Processing Services | 4.48% | |
| IT Consulting | 3.70% | |
Industry PE
- Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 114x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 27.1x.
Forecasted Growth
- Analysts are most optimistic on the Data Processing Services industry, expecting annual earnings growth of 16% over the next 5 years.
- This is better than its past earnings growth rate of 11% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 9.9% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| E2E E2E Networks | ₹2.94k | 13.3% +₹6.9b | 47.3% | PS21.1x | |
| STLNETWORK STL Networks | ₹31.07 | 39.6% +₹4.3b | n/a | PS1.6x | |
| SONATSOFTW Sonata Software | ₹268.09 | 5.6% +₹4.0b | -18.2% | PE16.8x | |
| 504067 Zensar Technologies | ₹579.80 | 3.0% +₹3.8b | -16.1% | PE17.8x | |
| 526433 ASM Technologies | ₹3.19k | 7.4% +₹3.2b | 125.4% | PE77.5x |
