Mastek Limited · NSE:MASTEK
Mastek — Q1 FY27 Earnings Presentation
31 slides from Mastek's earnings presentation, Jul 21, 2026
Slide 1: Exchange cover letter: Press Release and Investor Presentation
SEC/034/2026-27 July 21, 2026 Listing Department Listing Department BSE Limited The National Stock Exchange of India Limited 25th Floor, Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street, Fort, Bandra Kurla Complex, Mumbai-400 001 Bandra (E), Mumbai – 400 051 SCRIP CODE: 523704 SY
Slide 2: Press Release | Q1FY27
Trust. Value. Velocity. Press Release | Q1FY27
Slide 3: Q1FY27 revenue at Rs 985.3 crore, up 5.0% Q-o-Q
For Immediate Release Q1FY27 revenue at Rs 985.3 crore, up by 5.0% Q-o-Q • AI continues to drive strong momentum with 40+ new deals in Q1’27 • Another strong quarter of order booking resulting in growth of 25% Y-o-Y in rupee terms of 12 months order backlog Mumbai, India 21st July 2026: Mastek, a tr
Slide 4: Review of Consolidated Financial Performance for Quarter ended 30th June 2026
For Immediate Release Review of the Consolidated Financial Performance for Quarter ended 30th June 2026: Figures in $mn Q1FY27 Q4FY26 Q-o-Q Growth Q1FY26 Y-o-Y Growth Revenue from Operations $104.8 $103.5 1.2% $107.4 (2.4)% Figures in Rs Crore Q1FY27 Q4FY26 Q-o-Q Growth Q1FY26 Y-o-Y Growth Total Inc
Slide 5: Client engagements and wins
For Immediate Release • Mastek secured a landmark engagement with a US Federal security agency to transform mission-critical service delivery, case management, and stakeholder engagement on a scalable Salesforce Agentforce platform. The solution enhances agility, operational efficiency, and citizen-
Slide 6: Client wins and key achievements & recognitions
For Immediate Release • Mastek secured an engagement with a leading US online automotive marketplace, with revenues close to US$1 billion, to engineer and run its data backbone. Powered by Mastek AI-enabled operations, the engagement strengthens platform reliability, scalability, and delivery veloci
Slide 7: About Mastek
For Immediate Release About Mastek Mastek (NSE: MASTEK; BSE: 523704) is a global provider of enterprise AI, digital, and cloud services, enabling clients to achieve measurable and sustainable returns on their technology investments. The company has a presence in over 40 countries and a skilled workf
Slide 8: Thank You
For Immediate Release Thank You T Thank You Trust. Value. Velocity. _________________________________________________________________________________ 7 of 7
Slide 9: Investor Presentation Q1FY27
Investor Presentation Q1FY27 21st July 2026 Presented by: Umang Nahata | Chief Executive Officer, Mastek Group Deepak Kedia | Chief Financial Officer, Mastek Group Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 1
Slide 10: Agenda
Agenda Highlights of the 01 Quarter Financial & Operational 02 Performance 03 Lead with AI AI & Innovation 04 Wins & Case Studies Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 2
Slide 11: Highlights Of The Quarter
Highlights Of The Quarter Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 3
Slide 12: Highlights of Q1FY27
Highlights of Q1FY27 Secured 40+ new AI deals for Q1FY27 across AI for Technology, Business and Data 12 Months Order 7.7% Revenue Growth Year-on-Year 15.4% Margin Operating EBITDA 25.0% backlog Year-on-Year Growth Q1FY27 revenue at Q1FY27 Op. EBITDA at 12 Months Order backlog at ₹ 985.3 Crore ₹ 151.
Slide 13: Key Achievements & Recognitions
Key Achievements & Recognitions Sectoral Recognitions: Major Contender and Star Performer in the Everest • Mastek featured as a Challengers in Avasant Higher Oracle Cloud Applications Services PEAK Matrix® Education Digital Services 2026 RadarView Assessment 2026 • Mastek featured as a Challengers i
Slide 14: Financial & Operational Performance Q1FY27
Financial & Operational Performance Q1FY27 Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 6
Slide 15: Financial Performance
Financial Performance 16.8% 1,200 16.5% 16.2% 15.5% 16.1% 18.0% 15.3% 15.0% 15.4% 15.2% 16.0% 1,000 14.0% 800 14.7% 12.0% 11.7% 10.8% 11.0% 10.6% 10.0% 600 9.9% 10.2% 8.8% 8.9% 8.0% 400 6.0% 4.0% 200 2.0% 813 867 870 905 915 940 906 938 985 - 0.0% Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4F
Slide 16: Consolidated Financial Highlights Q1FY27
Consolidated Financial Highlights Q1FY27 Comparison: Quarter-on-quarter & Year-on-year (Figures In ₹ Crore) Operating Operating EBITDA PAT & 12 Months Revenue & Margin (%) Margin (%) Order Backlog 16.1% 9.9% 11.0% 10.6% 15.4% 15.0% 2,347.9 2,849.2 2,935.2 914.7 938.0 985.3 137.3 150.7 151.4 106.2 10
Slide 17: Consolidated Financial Summary – Q1FY27
Consolidated Financial Summary – Q1FY27 QoQ YoY Key Performance Metrics Q1FY27 Q4FY26 Q1FY26 Growth Growth Revenue from Operations ($mn) $104.8 $103.5 $107.4 1.2% (2.4)% Revenue from Operations (₹ Crore) 985.3 938.0 914.7 5.0% 7.7% Revenue Other Income (₹ Crore) 12.0 23.9 10.6 (49.6)% 13.9% Total In
Slide 18: Operating Metrics Q1FY27
Operating Metrics Q1FY27 Strengthening our business Q1FY27 Q4FY26 Q1FY26 New Clients Added 13 12 12 Active Client during the Quarter 309 326 323 Client Base Top 5 32.0% 33.9% 34.7% Top 10 44.7% 46.2% 45.1% No. of Clients with Annual Billing > USD 1mn 69 69 75 Total Employee 4,897 4,730 4,797 • Offsh
Slide 19: Balance Sheet Metrics Q1FY27 – Consolidated
Balance Sheet Metrics Q1FY27 – Consolidated Figures In ₹ Crore Cash & Cash Equivalent* LTM ROE# LTM ROCE# 622.2 938.5 945.4 16.5% 14.8% 14.7% 16.9% 16.0% 16.0% FY25 FY26 Q1FY27 FY25 FY26 Q1FY27 FY25 FY26 Q1FY27 Cash & Cash equivalent and Investments during the quarter increased by ₹6.9cr QoQ to ₹945
Slide 20: Revenue Analysis Q1FY27 – Consolidated
Revenue Analysis Q1FY27 – Consolidated Balancing Our Portfolio Revenue by Market Region Revenue by Contract Type 13.1% 12.1% 11.0% 21.5% 21.7% 39.7% 42.7% 43.1% 23.1% 63.8% 66.4% 67.3% 60.3% 57.3% 56.9% Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 UK & Europe US AMEA Time & Material Fixed Price Investo
Slide 21: Operational Performance: Revenue By Industry Segments
Operational Performance Revenue By Industry Segments Q1FY27 – Consolidated Q1FY27 42.9% 19.3% 10.3% 12.5% 15.0% Government & Education Health & Life Sciences Q4FY26 40.2% 22.7% 10.6% 12.4% 14.1% Retail/ Consumer Manufacturing & Technology Financial Services# Q1FY26 39.2% 25.0% 11.7% 12.3% 11.9% 0% 1
Slide 22: Operational Performance: Revenue By Service Line
Operational Performance Revenue By Service Line Q1FY27 – Consolidated Q1FY27 50.0% 27.2% 9.3% 13.4% Digital & Application Engineering Oracle Cloud & Enterprise Apps Q4FY26 50.8% 27.2% 9.6% 12.4% Digital Commerce & Experience Data, Automation and AI Q1FY26 49.2% 28.0% 10.6% 12.2% 0% 10% 20% 30% 40% 5
Slide 23: Lead with AI
Lead with AI Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 15
Slide 24: AI at Mastek Q1FY27
AI at Mastek Q1FY27 # in Q2’FY26 # in Q3’FY26 # in Q4’FY26 # in Q1’FY27 AI OB: 7m AI OB: 16.9m AI OB: 27.5m AI OB: 64.0m #AI Deals: 25 #AI Deals: 26 #AI Deals: 27 #AI Deals: 43 Geo Wise Q1FY27 Deals 3 Industry-wise Q1FY27 Deals 15 25 13 9 9 6 6 Government & Healthcare & Manufacturing & Manufacturing
Slide 25: AI & Innovation Wins & Case Studies
AI & Innovation Wins & Case Studies Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 17
Slide 26: Q1 Win Story | UK & Europe: Legacy Re-Engineered at AI Speed
Q1 WIN STORY | UK & EUROPE Legacy Re-Engineered at AI Speed A Leading UK & European AI-powered engineering: from end-of-life Visual Basic to a hyper-scaling Azure platform — measured, not promised Education Technology & 1 The Trigger — A Platform at End of Life Payments Group A legacy Visual Basic t
Slide 27: Q1FY27 New Win | Americas: From Platform Risk to AI-Native Advantage
Q1FY27 NEW WIN | AMERICAS From Platform Risk to AI-Native Advantage A Leading U.S. Furniture AI-led strategic engagement: protect the revenue engine today, rebuild it AI-native tomorrow Rental & Transition Services 1 The Trigger — Platform Risk Retailer The client's revenue-critical pricing configur
Slide 28: Q1FY27 New Win | AMEA: AI at the Heart of a Healthcare Ecosystem
Q1FY27 NEW WIN | AMEA AI at the Heart of a Healthcare Ecosystem A Leading Publicly Listed Mastek ADOPT AI delivery • Mastek AI Agent Studio • healthcare-safe AI adoption — one intelligent backbone for a hospital network Healthcare Group, Kingdom 1 The Trigger — An Ecosystem Transforming at Once of S
Slide 29: Q1FY27 New Win | Americas: From Four Systems to Intelligent Enterprise
Q1FY27 NEW WIN | AMERICAS From Four Systems to 1 Intelligent Enterprise A Leading North American Lead with AI: Mastek ADOPT AI-accelerated delivery • embedded Oracle AI workflows • AI business use cases engineered in Professional Tools Sales, 1 The Trigger — Fragmentation as a Growth Ceiling Rental
Slide 30: Mastek Partners with KSA's leading Cement Company Delivering Smart Manufacturing
Mastek Partners with KSA’s leading Cement Company Delivering Smart Manufacturing THE CHALLENGE Mastek's solution reduces truck turnaround, eliminates weighbridge disputes, and delivers fully automated 24×7 Mastek partners with one of Saudi Arabia’s leading dispatch without manual intervention. With
Slide 31: Thank You
Thank You D:\My Work\Template\Icons\Social D:\My Work\Template\Icons\Social Media\LinkedIN.png D:\My Work\Template\Icons\Social Media\YouTube.png Media\Facebook.png This presentation contains information that may be privileged or confidential and is the property of Mastek. Copyright © 2025 Mastek. A