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Earnings Call

Mastek Earnings Call: Key Takeaways

Mastek reported a stable Q4FY26 with $103.5M revenue and 16.1% EBITDA margin. Strategy shifts toward AI-led verticalization and domain-specific growth.

Highlights
Revenue growth3.6% QoQ in INR; 1.4% QoQ in USD.
MarginsStable 16.1% EBITDA; offset wage hikes via cost efficiencies and forex.
Order book$300.4M backlog, up 1.5% QoQ; 1.6% in USD terms.
Demand visibilityPositive momentum from 12-month $300.4M order backlog and new AI programs.
Management confidenceHigh on FY27 turnaround in North America and order backlog execution.

Growth

FY26 revenue reached $421.2M, up 3.1% YoY; 12-month order backlog grew 13.5% YoY in USD terms.

Outlook

Positive FY27 outlook with guidance for better revenue growth than FY26 and stable 16%-16.1% EBITDA margins.

Risks

Geopolitical turbulence in the Middle East and severe AI-led pricing competitiveness are primary headwinds.

Source

Earnings Call filed with BSE, NSE: MASTEK. Summary written with AI assistance from the document.

Read the document ↗

Mastek Ltd: key numbers

Share price
₹1,555.90
Market cap
₹4,824 Cr
Revenue (annual)
₹3,699 Cr
Net profit (annual)
₹404.0 Cr
P/E (TTM)
11.6×Sector 21.9×
Promoter holding
35.76%+0.00% QoQ
FII holding
7.45%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Mastek Employee Stock Options

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Mastek Business Update

Mastek Limited completed the sale of its commercial building at Mahindra World City, Chennai for ₹60 Crore. The transaction is not a related party deal.

Value
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