This Smallcap IT Stock is in focus as it received an order worth £ 400,000 with an extension possibility from the NHS (National Health Service) England to deliver cybersecurity training.
With a market capitalisation of Rs. 7,610 Crore, the stock of Mastek opened at Rs. 2,466, down 0.56 percent from yesterday’s close, and after opening, it made a high of Rs. 2,492, up 0.48 percent. Additionally, the Yearly return for the stock is -9 percent, and the past 5-year return is an impressive 553 percent.
Order Update
The company has been awarded an international contract by NHS England to deliver cybersecurity training specifically designed for NHS executive boards and Senior Information Risk Owners (SIROs). The contract, valued at £400,000 per annum (Approx Rs. 4 Crores), will run for an initial duration of 12 months with the option to extend for an additional year.
The training will focus on equipping the leaders with the knowledge and skills that are needed to effectively manage cyber risks, ensure compliance with legislation, and foster a culture of cyber resilience within their organisation.
Further, Abhishek Singh, President of UKI & Europe at Mastek, expressed that the company is pleased to support NHS England in strengthening cybersecurity leadership. He emphasised the importance of effective cyber governance at the board level to protect patient data and ensure the resilience of digital healthcare systems.
Founded in 1982, and headquartered in Mumbai. Mastek is a global technology solutions provider that specialises in digital engineering and cloud transformation services, catering primarily to enterprises and public sector clients.
Mastek delivers services across digital commerce, data and analytics, cloud applications (notably Oracle Cloud), and enterprise application development. It operates in key markets including the UK, the US, India, the Middle East, and Europe.
The company reported a 16.02 percent YoY increase in revenue from Rs. 780 Crore in Q4FY24 to Rs. 905 Crore in Q4FY25. On a QoQ basis, the company reported an increase of 4.02 percent in revenue from Rs. 870 Crore in the previous quarter.
Their Net profit saw a decrease of 13.82 percent YoY from Rs. 94 Crore to Rs. 81 Crore for the same period. On a QoQ basis, the company reported a decrease of 14.73 percent in Net profit from Rs. 95 Crore in the previous quarter.
Written By Abhishek Das
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
