Mastek Ltd Analyst Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Nisarg Vakharia - Lucky Investment Managers Private Limited - Analyst : Most of my concerns and questions have been addressed by the previous participants in several forms. I just had one point to make to Abhishek. When you say that the whole market knows that I have INR 500 crores of cash and still the market is not respecting my profitability is because we have had a large 1 year of absolute degrowth or flat revenues. And it's very simple that if you have one quarter of 5% to 7% constant currency growth, the market appreciates you in exactly 1 month. So I just wanted to make that point to you before you feel that the market does not appreciate the INR 500 crore cash balance on our balance sheet. Thank you.

Question: Nisarg Vakharia - Lucky Investment Managers Private Limited - Analyst : Yes, Abhishek, in case you plan to outline a lot more disclosures to the exchange, as Sachin had mentioned, over the next 2 days before the market opens, I also request you to look into some of the large transactions that have happened in India, a classic example would be Sun Pharma acquiring Ranbaxy and the kind of disclosure that they had made of, if I remember correctly, $300 million, $400 million of EBITDA synergy, what sort of top line growth we look at because as of now it all seems very hazy. So if you can look into those and update your presentation will be very helpful for us.