Mastek capabilities and performance have earned it several accolades, direct and indirect, among which are:

Forbes Global List of 200 Best Small Companies in the World	In October 2002, Mastek was one of the 13 Indian companies to be listed in the Forbes Global List of 200 Best Small Companies in the World. The companies were scrutinized on the basis of their profitability, earnings and sales growth.
Deloitte Touche Tohmatsu Asia Pacific Technology Fast 500	December 2002: "MASTEK" in First 250 of the Asia Pacific Technology Fast 500 of the Deloitte Touche Tohmatsu Asia Pacific Technology Fast 500
Credit Lyonnais Report on Corporate Governance	In Feb 2002 , Credit Lyonnais ranked Mastek as fourth amongst Indian IT Companies, tenth amongst Indian Companies in Corporate Governance. Among the parameters were Discipline, Transparency, Accountability and Fairness. In April 2001, Credit Lyonnais ranked Mastek as sixth in corporate governance among technology companies in the 25 emerging markets of Asia, Europe and Latin America. Among the parameters were Discipline, Transparency, Accountability and Fairness.
KenSource Information Services (P) Ltd	As on July 2002, among the software stocks that found a place in the list of value creators (in an analysis of "total returns to shareholders"), Mastek Ltd. stood on the 5th position both in a 7 year as well as a 5 year value creation record.
	In 2000, AsiaMoney ranked Mastek seventh in Overall Best Managed Companies in the Asia Pacific region.