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Marks Celebration of Three Decades as a Listed Company on the National Stock Exchange

Mastek, an esteemed AI-centered digital engineering and cloud transformation company, joyfully celebrates 30 years since its debut on the Indian National Stock Exchange. A forerunner in large-scale IT services, Mastek initially listed on the Bombay Stock Exchange in 1993 and subsequently joined...

Mastek Marks Three Decades of Presence on the National Stock Exchange
Mastek Marks Three Decades of Presence on the National Stock Exchange

Marks Celebration of Three Decades as a Listed Company on the National Stock Exchange

Mastek, a global provider of enterprise AI, digital, and cloud services, has set its sights on becoming an AI-first digital engineering and cloud transformation partner. This strategic focus is driven by AI-driven innovation, client-centric growth, expansion into key global markets, and increased investments in Environmental, Social, and Governance (ESG) initiatives.

At the heart of this strategy is the newly launched ADOPT.AI suite. Comprising over 80 AI agent assets and 100+ use cases, ADOPT.AI aims to accelerate AI adoption across technology, business, and data dimensions. This robust AI toolset is designed to empower Mastek's clients by facilitating faster and more efficient digital transformations.

Mastek's commitment to building an AI-ready workforce is evident through its AI Engineering Center of Excellence and AI Academy. These initiatives have trained over 3,600 professionals in Generative AI and earned certifications for more than 6,500 across various advanced AI competencies across platforms like Oracle, Microsoft, AWS, and Salesforce.

The company's strategic growth has been bolstered by a series of acquisitions. In 2016, Mastek acquired TAISTech, a specialist in digital commerce. This was followed by the acquisition of Evosys in 2020, a company focused on Oracle Cloud services. In 2022, MST Solutions, a Salesforce consulting and implementation firm, joined the Mastek family. The latest acquisition, BizAnalytica, which specializes in cloud data and analytics, was made in 2023. These strategic moves have transformed Mastek into a comprehensive transformation partner for Fortune 1000 enterprises, underpinning their focus on data, cloud, and platform modernization.

Financially, Mastek has reported consistent growth. In Q4 FY25, the company posted revenue of Rs. 905.4 crore, a 16.1% Year-on-Year (YoY) increase. This growth trend continued into Q1 FY26, with a 29% YoY rise in net profit. These strong financial results reflect market confidence aligned with Mastek's AI-first strategic direction.

Umang Nahata, CEO of Mastek, emphasized the company's focus on an AI-powered future, sustainable and responsible solutions, and purposeful outcomes. He also highlighted Mastek's dedication to driving innovation by developing a strong ecosystem of start-ups, academia, and Intellectual Properties (IPs).

Mastek partners with industry leaders such as Oracle, Salesforce, Microsoft, AWS, Snowflake, and Databricks, serving sectors like Public Sector, Healthcare, Retail, Manufacturing, Higher Education, and Financial Services. The company's efforts in advancing India's digital ascent are noteworthy, positioning it as a global catalyst for AI-led transformation across industries in over 40 countries.

Looking ahead, Mastek's future strategy includes deeper investments in ESG and inclusion initiatives, AI-first innovation, client-centric growth, and expansion into key global markets. The company stands as a global catalyst for AI-led transformation across industries in 40+ countries.

  1. Mastek, focusing on AI-driven innovation, aims to become an AI-first digital engineering and cloud transformation partner, expanding into key global markets and increasing investments in Environmental, Social, and Governance (ESG) initiatives.
  2. ADOPT.AI, a robust AI toolset comprising over 80 AI agent assets and 100+ use cases, is designed to accelerate AI adoption across technology, business, and data dimensions, empowering Mastek's clients to facilitate faster and more efficient digital transformations.
  3. Mastek has shown its commitment to building an AI-ready workforce through initiatives like the AI Engineering Center of Excellence and AI Academy, training over 3,600 professionals in Generative AI and earning certifications for more than 6,500 across various advanced AI competencies.
  4. The company's strategic growth has been bolstered by a series of acquisitions, transforming Mastek into a comprehensive transformation partner for Fortune 1000 enterprises, focusing on data, cloud, and platform modernization.
  5. Financially, Mastek has reported consistent growth, with a 16.1% Year-on-Year (YoY) increase in revenue in Q4 FY25 and a 29% YoY rise in net profit in Q1 FY26, reflecting market confidence aligned with Mastek's AI-first strategic direction.
  6. Mastek partners with industry leaders like Oracle, Salesforce, Microsoft, AWS, Snowflake, and Databricks, driving innovation across sectors like Public Sector, Healthcare, Retail, Manufacturing, Higher Education, and Financial Services, positioning it as a global catalyst for AI-led transformation across over 40 countries.

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