Slide 1: Investor Presentation Q4FY26
Investor Presentation Q4FY26 17th April 2026 Presented by: Umang Nahata | Chief Executive Officer, Mastek Group Deepak Kedia | Chief Financial Officer, Mastek Group Investor Presentation Q4FY26 Company Confidential © Mastek 2026. All rights reserved | 1
Slide 2: Agenda
Agenda Highlights of the 01 Quarter Financial & Operational 02 Performance Q4FY26 FY26 Full Year 03 Performance 04 Key Wins for the Quarter 05 Lead with AI Investor Presentation Q4FY26 Company Confidential © Mastek 2026. All rights reserved | 2
Slide 3: Highlights of the Quarter
Highlights Of The Quarter Investor Presentation Q4FY26 Company Confidential © Mastek 2026. All rights reserved | 3
Slide 4: Highlights of Q4FY26
Highlights of Q4FY26 12 Months Order 3.6% Revenue Growth Year-on-Year 16.1% Margin Operating EBITDA 24.4% backlog Year-on-Year Growth Q4FY26 revenue at Q4FY26 Op. EBITDA at 12 Months Order backlog at ₹ 938.0 Crore ₹ 150.7 Crore ₹ 2,849.2 Crore 12 months order backlog Total Income grew by Op. EBITDA
Slide 5: Highlights of FY26
Highlights of FY26 12 Months Order 7.0% Revenue Growth Year-on-Year 15.8% Margin Operating EBITDA 24.4% backlog Year-on-Year Growth FY26 revenue at FY26 Op. EBITDA at 12 Months Order backlog at ₹ 3,698.8 Crore ₹ 585.6 Crore ₹ 2,849.2 Crore 12 months order backlog Total Income grew by Op. EBITDA grew
Slide 6: Key Achievements & Recognitions
Key Achievements & Recognitions • Strong Positioning in Healthcare and particularly AI • 2026 Gartner's Market Guide for Microsoft 365 led Healthcare practice – Recognized by ISG Implementation and Support Services • Recognized by Everest as “Top 50 Store Services • IDC ServiceScape: U.S. Mid-market
Slide 7: Financial & Operational Performance Q4FY26
Financial & Operational Performance Q4FY26 Investor Presentation Q4FY26 Company Confidential © Mastek 2026. All rights reserved | 7
Slide 8: Financial Performance
Financial Performance 16.8% 1,000 16.0% 16.5% 16.2% 15.5% 16.1% 18.0% 15.3% 15.0% 900 15.2% 16.0% 800 14.0% 14.7% 700 12.0% 600 12.0% 11.7% 10.8% 11.0% 10.0% 500 9.9% 10.2% 8.8% 8.9% 8.0% 400 6.0% 300 4.0% 200 2.0% 100 780 813 867 870 905 915 940 906 938 - 0.0% Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1F
Slide 9: Consolidated Financial Highlights Q4FY26
Consolidated Financial Highlights Q4FY26 Comparison: Quarter-on-quarter & Year-on-year (Figures In ₹ Crore) Operating Operating EBITDA PAT & 12 Months Revenue & Margin (%) Margin (%) Order Backlog 16.8% 16.1% 11.7% 11.0% 15.3% 8.9% 2,290.9 2,658.5 2,849.2 905.4 905.7 938.0 138.8 152.0 150.7 108.4 10
Slide 10: Consolidated Financial Summary – Q4FY26
Consolidated Financial Summary – Q4FY26 QoQ YoY Key Performance Metrics Q4FY26 Q3FY26* Q4FY25 Growth Growth Revenue from Operations ($mn) $103.5 $102.1 $104.6 1.4% (1.1)% Revenue from Operations (₹ Crore) 938.0 905.7 905.4 3.6% 3.6% Revenue Other Income (₹ Crore) 23.9 20.9 3.6 14.3% 566.8% Total Inc
Slide 11: Operating Metrics Q4FY26
Operating Metrics Q4FY26 Strengthening our business Q4FY26 Q3FY26 Q4FY25 New Clients Added 12 17 11 Active Client during the Quarter 326 333 348 Client Base Top 5 33.9% 34.5% 34.8% Top 10 46.2% 47.0% 44.7% No. of Clients with Annual Billing > USD 1mn 69 73 77 Total Employee 4,730 4,676 5,028 • Offsh
Slide 12: Revenue Analysis Q4FY26 – Consolidated
Revenue Analysis Q4FY26 – Consolidated Balancing Our Portfolio Revenue by Market Region Revenue by Contract Type 14.3% 11.4% 12.1% 22.5% 21.5% 40.5% 42.2% 42.7% 26.0% 59.7% 66.1% 66.4% 59.5% 57.8% 57.3% Q4FY25 Q3FY26 Q4FY26 Q4FY25 Q3FY26 Q4FY26 UK & Europe US AMEA Time & Material Fixed Price Investo
Slide 13: Operational Performance: Revenue by Industry Segments
Operational Performance Revenue By Industry Segments Q4FY26 – Consolidated Q4FY26 40.2% 22.7% 10.6% 12.4% 14.1% Government & Education Health & Life Sciences Q3FY26 39.7% 24.9% 11.0% 11.8% 12.6% Retail/ Consumer Manufacturing & Technology Financial Services# Q4FY25 39.2% 23.9% 12.7% 12.6% 11.6% 0% 1
Slide 14: Operational Performance: Revenue by Service Line
Operational Performance Revenue By Service Line Q4FY26 – Consolidated Q4FY26 50.8% 27.2% 9.6% 12.4% Digital & Application Engineering Oracle Cloud & Enterprise Apps Q3FY26 52.0% 25.5% 10.4% 12.0% Digital Commerce & Experience Data, Automation and AI Q4FY25 47.9% 30.1% 11.7% 10.3% 0% 10% 20% 30% 40%
Slide 15: Financial & Operational Performance FY26
Financial & Operational Performance FY26 Investor Presentation Q4FY26 Company Confidential © Mastek 2026. All rights reserved | 15
Slide 16: Consolidated Financial Summary – FY26
Consolidated Financial Summary – FY26 YoY Key Performance Metrics FY26 FY25 Growth Revenue from Operations ($mn) $421.2 $408.4 3.1% Revenue from Operations (₹ Crore) 3,698.8 3,455.2 7.0% Revenue Other Income (₹ Crore) 70.4 22.3 216.0% Total Income (₹ Crore) 3,769.2 3,477.5 8.4% Op. EBITDA 585.6 546.
Slide 17: Balance Sheet Metrics FY26 – Consolidated
Balance Sheet Metrics FY26 – Consolidated Figures In ₹ Crore Cash & Cash Equivalent* LTM ROE# LTM ROCE# 473.3 622.2 938.5 16.1% 16.5% 14.8% 17.7% 16.9% 16.0% FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 # Return on Equity = PAT/Average Networth; Return on Capital Employed = EBIT/Average Capital Empl
Slide 18: Revenue Analysis FY26 – Consolidated
Revenue Analysis FY26 – Consolidated Balancing Our Portfolio Revenue by Market Region Revenue by Contract Type 15.9% 15.7% 12.4% 22.4% 41.8% 42.0% 41.0% 27.2% 27.0% 56.9% 57.3% 65.2% 58.2% 58.0% 59.0% FY24 FY25 FY26 FY24 FY25 FY26 UK & Europe US AMEA Time & Material Fixed Price Investor Presentation
Slide 19: Operational Performance: Revenue by Industry Segments
Operational Performance Revenue By Industry Segments FY26 – Consolidated FY26 39.5% 24.5% 11.1% 12.0% 12.8% Government & Education Health & Life Sciences FY25 40.5% 20.4% 13.6% 13.5% 12.0% Retail/ Consumer Manufacturing & Technology Financial Services# FY24 43.9% 16.3% 12.6% 15.3% 11.9% 0% 10% 20% 3
Slide 20: Operational Performance: Revenue by Service Line
Operational Performance Revenue By Service Line FY26 – Consolidated FY26 50.8% 26.6% 10.4% 12.3% Digital & Application Engineering Oracle Cloud & Enterprise Apps FY25 46.5% 31.3% 13.0% 9.2% Digital Commerce & Experience Data, Automation and AI FY24 44.3% 30.9% 17.6% 7.2% 0% 10% 20% 30% 40% 50% 60% 7
Slide 21: Key Wins for the Quarter
Key Wins for the Quarter Investor Presentation Q4FY26 Company Confidential © Mastek 2026. All rights reserved | 21
Slide 22: Key Wins for the Quarter: Government, Education & Financial Services
Key Wins for the Quarter Government, Education & Financial Services UK & Europe Americas Americas AMEA Client A global financial services provider A US Federal Cabinet-level health A progressive US city municipality South-East Asia's leading government- delivering accessible credit and insurance aut
Slide 23: Key Wins for the Quarter: Healthcare
Key Wins for the Quarter Healthcare UK & Europe UK & Europe AMEA AMEA Client A globally recognised provider of Government authority responsible for The UK's national health authority, One of the world's top-ranked hospital outsourced pharmaceutical research managing and regulating healthcare harness
Slide 24: Key Wins for the Quarter: Retail, Manufacturing & Technology
Key Wins for the Quarter Retail, Manufacturing & Technology UK & Europe Americas Americas AMEA Client A fast-growing US technology company A global leader in energy storage and One of America's leading recreational A leading structural steel and pre- delivering AI-powered mobile surveillance logisti
Slide 25: Lead with AI
Lead with AI Investor Presentation Q4FY26 Company Confidential © Mastek 2026. All rights reserved | 25
Slide 26: AI at Mastek Q4FY26
AI at Mastek Q4FY26 # in Q2’FY26 # in Q3’FY26 # in Q4’FY26 AI OB: 7m AI OB: 16.9m AI OB: 27.45m #AI Deals: 25 #AI Deals: 26 #AI Deals: 27 Geo Wise Q4FY26 Deals 4 Industry-wise Q4FY26 Deals 10 12 8 3 3 1 Manufacturing & Government & Healthcare & Life Retail & Financial Services Technology Education S
Slide 27: Mastek Enterprise AI Value Propositions
Mastek Enterprise AI Value Propositions Strategy & Governance Strategy Risk & Control AI Roadmap & Governance AI Governance — Risk & Regulatory Highest Repeat Pull Compliance-Led Engineering & Delivery Engineering QA& Augmentation Agentic SDLC / SDLC Fabric AI-Led QA COE & Human Agent QA PODs Speed
Slide 28: 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