Mastek Limited · NSE:MASTEK
Mastek — Q1 FY2026 Earnings Presentation
23 slides from Mastek's earnings presentation, Jul 18, 2025
Slide 1: Investor Presentation Q1FY26
INVESTOR PRESENTATION Q1FY26 18 July 2025 Presented by: Umang Nahata| Chief Executive Officer, Mastek
Slide 2: Table of Contents
TABLE OF CONTENTS 1 Highlights of the Quarter 2 Financial & Operational Performance 3 Key Wins for the Quarter 4 Strategic Priorities & GenAI Investor Presentation | Earning Deck Company Confidential © Mastek 2023. All rights reserved | 2
Slide 3: Highlights of the Quarter
Mastek*@ Trust. Value. Velocity HIGHLIGHTS OF THE QUARTER —
Slide 4: Highlights of Q1FY26
HIGHLIGHTS OF Q1FY26 Revenue Growth Operating EBITDA 12month Order backlog Year-on-Year 12.5% Margin 15.0% Year-on-Year Growth 8.3% Q1FY26 revenue at Q1FY26 Op. EBITDA at 12 Months Order backlog at ₹ 914.7 Crore ₹ 137.3 Crore ₹ 2,347.9 Crore Revenue grew by Op. EBITDA grew by 12 months order backlog
Slide 5: Key Achievements & Recognitions
KEY ACHIEVEMENTS & RECOGNITIONS Mastek featured in Mastek featured in Mastek featured in Mastek featured in Mastek featured in the Everest Group the ISG Provider the IDC Worldwide Avasant's Gartner’s Emerging PEAK Matrix® Lens 2025 - Industrial IoT RadarView - Magic Quadrant for Assessment 2025 for
Slide 6: Financial & Operational Performance Q1FY26
FINANCIAL & OPERATIONAL PERFORMANCE Q1FY26
Slide 7: Financial Performance
FINANCIAL PERFORMANCE 1,000 20.0% 17.5% 900 16.1% 17.0% 16.0% 16.5% 16.2% 18.0% 15.2% 15.3% 800 15.0% 16.0% 700 14.0% 14.7% 600 12.0% 12.0% 500 10.8% 10.0% 10.1% 9.9% 9.9% 400 8.5% 8.8% 8.9% 8.0% 300 6.0% 200 4.0% 100 2.0% 725 766 784 780 813 867 870 905 915 - 0.0% Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25
Slide 8: Consolidated Financial Highlights Q1FY26
CONSOLIDATED FINANCIAL HIGHLIGHTS Q1FY26 Comparison: Quarter-on-quarter & Year-on-year (Figures In ₹ Crore) Operating Operating EBITDA PAT & 12 Months Revenue & Margin (%) Margin (%) Order Backlog 15.3% 15.0% 9.9% 15.2% 8.9% 8.8% 2,168.8 2,290.9 2,347.9 123.9 138.8 137.3 812.9 905.4 914.7 71.5 81.1
Slide 9: Consolidated Financial Summary – Q1FY26
CONSOLIDATED FINANCIAL SUMMARY – Q1FY26 QoQ YoY Key Performance Metrics Q1FY26 Q4FY25 Q1FY25 Growth Growth Revenue from Operations ($mn) $107.4 $104.6 $97.3 2.6% 10.4% Revenue from Operations (₹ Crore) 914.7 905.4 812.9 1.0% 12.5% Revenue Other Income (₹ Crore) 10.6 3.6 4.2 195.0% 152.0% Total Incom
Slide 10: Operating Metrics Q1FY26
OPERATING METRICS Q1FY26 Strengthening our business Q1FY26 Q4FY25 Q1FY25 New Clients Added 12 11 13 Active Client during the Quarter 323 348 391 Client Base Top 5 34.7% 34.8% 30.0% Top 10 45.1% 44.7% 41.2% No. of Clients with Annual Billing > USD 1mn 75 77 76 Total Employee 4,824 5,058 5,546 • Offsh
Slide 11: Balance Sheet Metrics Q1FY26 – Consolidated
BALANCE SHEET METRICS Q1FY26 – CONSOLIDATED Figures In ₹ Crore Cash & Cash Equivalent LTM ROE# LTM ROCE# 16.1% 16.5% 16.7% 473.3 622.2 549.0 17.7% 16.9% 17.0% FY24 FY25 Q1FY26 FY24 FY25 Q1FY26 FY24 FY25 Q1FY26 # Return on Equity = PAT/Average Networth; Return on Capital Employed = EBIT/Average Capit
Slide 12: Revenue Analysis Q1FY26 – Consolidated
REVENUE ANALYSIS Q1FY26 – CONSOLIDATED Balancing Our Portfolio Revenue by Market Region Revenue by Contract Type 17.7% 14.3% 13.1% 42.4% 40.5% 39.7% 26.0% 23.1% 25.6% 56.7% 59.7% 63.8% 57.6% 59.5% 60.3% Q1FY25 Q4FY25 Q1FY26 Q1FY25 Q4FY25 Q1FY26 UK & Europe US AMEA Time & Material Fixed Price Investo
Slide 13: Operational Performance: Revenue by Industry Segments
OPERATIONAL PERFORMANCE Revenue By Industry Segments Q1FY26 – Consolidated Q1FY26 39.2% 25.0% 11.7% 12.3% 11.9% Government & Education Health & Life Sciences Q4FY25* 39.2% 23.9% 12.7% 12.6% 11.6% Retail/ Consumer Manufacturing & Technology Financial Services # Q1FY25 43.2% 17.8% 13.8% 13.6% 11.6% 0%
Slide 14: Operational Performance: Revenue by Service Line
OPERATIONAL PERFORMANCE Revenue By Service Line Q1FY26 – Consolidated Q1FY26 49.2% 28.0% 10.6% 12.2% Digital & Application Engineering Oracle Cloud & Enterprise Apps Q4FY25 47.9% 30.1% 11.7% 10.3% Digital Commerce & Experience Data, Automation and AI Q1FY25 45.8% 32.1% 13.3% 8.8% 0% 10% 20% 30% 40%
Slide 15: Key Wins for the Quarter
Mastek*@ Trust. Value. Velocity KEY WINS FOR THE QUARTER —
Slide 16: Key Wins: Government, Education & Financial Services
KEY WINS FOR THE QUARTER Government, Education & Financial Services UK & Europe UK & Europe Americas AMEA Client A premier academic institution driving A regional water corporation in Australia A central government agency delivering global health advancement through A central banking institution foc
Slide 17: Key Wins: Healthcare
KEY WINS FOR THE QUARTER Healthcare UK & Europe Americas Americas AMEA Client A government agency in the UK A global Fortune 500 provider of A leading healthcare provider managing A global, tech-enabled healthcare responsible for regulating medicines, advanced analytics, technology Medicare Advantag
Slide 18: Key Wins: Retail, Manufacturing & Technology
KEY WINS FOR THE QUARTER Retail, Manufacturing & Technology UK & Europe Americas Americas AMEA Client A leading EdTech company providing comprehensive solutions to 15,000+ A Fortune 500 home-improvement A leading American Fortune 500 A multinational food and beverage European schools in data managem
Slide 19: Strategic Priorities & GenAI
STRATEGIC PRIORITIES & GENAI
Slide 20: Partner with Mastek for AI Led Transformation
PARTNER WITH MASTEK FOR AI LED TRANSFORMATION Unlock the full potential of Generative AI with AI ready talent that develops industry and domain-specific solutions across diverse technology platforms Mastek ADOPT.AI with AI ready talent, assets & partnerships creating lasting Business Impacts AI Agen
Slide 21: Mastek AI Platform, Powered by Open Ana
MASTEK AI PLATFORM, POWERED BY OPEN ANA One Platform. Four Experts. Strategic Partnership with Software. Security. DevOps/SRE. AI/ML. Open Ana Augmenting Humans. Empowering Enterprises! Better→Faster→S ecure Where creation and creators work in tandem, Unleashing endless possibilities. Investor Prese
Slide 22: Mastek – ADOPT.AI
MASTEK – ADOPT.AI AI FOR TECHNOLOGY Mastek Mastek Mastek Deliver Faster & Better AI ENABLER ITSM AGENT AI AMIGO AI FOR BUSINESS AI Agent Studio Boost Productivity in Business Apps Agentic AI Orchestration Fine-tuning / SLM Tailor Made AI Solutions Model Catalog AI Infrastructure Pre-Built Solutions
Slide 23: Thank You
THANK YOU This presentation contains information that may be privileged or confidential and is the property of Mastek. Copyright © 2022 Mastek. All rights reserved. Note: Except for the historical information and discussion contained herein, statements included in this release may constitute forward