Mastek Ltd has set Sep 12, 2025, as the record date for its ₹16 final dividend. The dividend will be paid within 30 days of the date of declaration.
Mastek Ltd said in an exchange filing, “The Board of Directors recommended a Final Dividend of 320% i.e. Rs. 16/- per equity share (on the face value of Rs. 5/- per equity share), for the Financial Year ended March 31, 2025, subject to the Shareholders’ approval at the ensuing 43rd Annual General Meeting and will be paid within 30 days from the date of approval at the ensuing 43rd Annual General Meeting.
The total dividend for the Financial Year ended March 31, 2025 (including the interim dividend of Rs. 7/- per share) stands at Rs. 23/- per share or 460% (in the previous year Rs. 19/- per share or 380%).
As Mastek has set Sep 12 as the record date for its final dividend, meaning that Sep 11 marks the last day to buy Mastek shares to become eligible for the final dividend. Further, any shares bought on or after Sep 12 (record date), won't be eligible for the final dividend due to the T+1 settlement rule.
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During Q1FY26, the company onboarded 12 new clients, bringing the total number of active clients to 323, down from 348 in Q4FY25. The 12-month order backlog stood at ₹2,347.9 crore (US$273.8 million) as of June 30, 2025, reflecting a year-on-year growth of 8.3% in rupee terms compared to ₹2,168.8 crore (US$260.1 million) in Q1FY25, and a quarter-on-quarter growth of 2.5% over ₹2,290.9 crore (US$264.5 million) in Q4FY25.
As of the end of the quarter, the company employed 4,824 people, with 3,262 based offshore in India and the remainder at various onsite locations. This represents a decline from 5,058 employees as of March 31, 2025. Attrition over the last twelve months stood at 19.5% in Q1FY26, marginally higher than the 19.3% recorded in Q4FY25.
The company’s total cash, cash equivalents, and investments in mutual funds amounted to ₹549.0 crore as of June 30, 2025, compared to ₹622.2 crore at the end of the previous quarter.
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Published on: Sep 11, 2025, 8:18 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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