Mastek (NSE:MASTEK) EBIT: ₹5,532 Mil (TTM As of Mar. 2026)


NSE:MASTEK Mastek Ltd NSE:MASTEK
79 GF Score
Price ₹1,575.20
GF Value ₹2,978.59
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Mastek EBIT?

Mastek NSE:MASTEK -1.59% 79 EBIT is ₹5,532 Mil as of Mar. 2026. GuruFocus rates NSE:MASTEK with a GF Score™ of 79/100 and a GF Value™ of ₹2,978.59 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Mastek's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹1,324 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5,532 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mastek's annualized ROC % for the quarter that ended in Mar. 2026 was 14.39%. Mastek's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 727.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mastek's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.68%.


Mastek  (NSE:MASTEK) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Mastek's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=5291.2 * ( 1 - 15.24% )/( (0 + 31160.3)/ 1 )
=4484.82112/31160.3
=14.39 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Mastek's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5296.8/( ( (0 + max(0, 0)) + (727.6 + max(-503.9, 0)) )/ 1 )
=5296.8/( ( 0 + 727.6 )/ 1 )
=5296.8/727.6
=727.98 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5798.4 + 0 + 1472) - (2372.7 + 0 + 5401.6)
=-503.9

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Mastek's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=5532.4/43636.481
=12.68 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mastek EBIT Related Terms


Mastek EBIT Historical Data

* Premium members only.

The historical data trend for Mastek's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mastek EBIT Chart

Mastek Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,537.20 4,517.80 4,287.50 5,012.20 5,532.40

Mastek Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,155.40 1,294.60 1,427.30 1,486.30 1,324.20

NSE:MASTEK vs IBM, ACN, FISV: EBIT Comparison

For the Information Technology Services subindustry, Mastek's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mastek EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Mastek's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mastek's EV-to-EBIT falls into.


NSE:MASTEK
79GF Score
Mastek Ltd NSE:MASTEK
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mastek EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5,532 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹5,532 Mil mean?
Mastek (NSE:MASTEK) has a EBIT of ₹5,532 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mastek.
Is Mastek's EBIT too high?
Mastek's current EBIT is ₹5,532 Mil. Overall, Mastek has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mastek's EBIT compare to IBM and ACN?
Mastek's EBIT of ₹5,532 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Software company?
A good EBIT depends on the Software industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mastek. Mastek's current EBIT is ₹5,532 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mastek stock overvalued right now?
Based on GuruFocus' analysis, Mastek (NSE:MASTEK) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,978.59, compared to a current price of ₹1,575.20 — trading 47.1% below its estimated fair value. The current EBIT is ₹5,532 Mil. Mastek's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Mastek (NSE:MASTEK), the current EBIT is ₹5,532 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mastek (NSE:MASTEK) Overvalued in 2026?

Based on GuruFocus' analysis, Mastek stock appears to be undervalued. The current stock price of ₹1,575.20 is trading 47.1% below its estimated GF Value™ of ₹2,978.59. GuruFocus considers Mastek to be Significantly Undervalued.

Key valuation signals for NSE:MASTEK:

  • EBIT: ₹5,532 Mil
  • GF Value™: ₹2,978.59 vs. price of ₹1,575.20 (47.1% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the NSE:MASTEK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mastek Business Description

Other Exchanges 523704:India
Address No 106, SDF IV, Seepz, Andheri (East), Mumbai, MH, IND, 400 096
Mastek Ltd is a provider of vertically-focused enterprise technology solutions. The company's offering portfolio consists of information technology consulting, application maintenance, application development, application management outsourcing, testing, data warehousing, business intelligence, and application security. It also focuses on agile consulting, legacy modernisation, Oracle Cloud, Oracle ERP Cloud, product-as-a-service solutions and machine learning, and digital e-commerce. Geographically the company exports its services to the United Kingdom, North America, the Middle East, and Other regions. The United Kingdom region generates maximum revenue for the company.
79GF Score

Get the complete analysis for NSE:MASTEK

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,575.20
Price
₹2,978.59
GF Value