Mastek Limited · NSE:MASTEK
Mastek — Q4 FY25 Earnings Presentation
37 slides from Mastek's earnings presentation, Apr 19, 2025
Slide 1: Exchange cover letter: Press Release and Investor Presentation
SEC/008/2025-26 April 18, 2025 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 S
Slide 2: Press Release | Q4FY25
Trust. Value. Velocity. Press Release | Q4FY25
Slide 3: Q4FY25 revenue at Rs 905.4 crore, up by 16.1% Y-o-Y
For Immediate Release Q4FY25 revenue at Rs 905.4 crore, up by 16.1% Y-o-Y • Operating EBITDA at Rs 138.8 crore, up 10.9% Y-o-Y • Healthcare vertical grew by 13.1% Q-o-Q (USD terms) • Proposed Final Dividend of Rs 16 per share cumulating to 460% for the year Mumbai, India 18th April 2025: Mastek, a T
Slide 4: Review of Consolidated Financial Performance for Quarter ended 31st March 2025
For Immediate Release Review of the Consolidated Financial Performance for Quarter ended 31st March 2025: Figures in $mn Q4FY25 Q3FY25 Q-o-Q Growth Q4FY24 Y-o-Y Growth Revenue from Operations $104.6 $102.9 1.7% $93.7 11.6% Figures in Rs Crore Q4FY25 Q3FY25 Q-o-Q Growth Q4FY24 Y-o-Y Growth Total Inco
Slide 5: Cash balance, dividend and key wins for the quarter
For Immediate Release • Cash Balance: The total cash, cash equivalents and fair value of Mutual Funds stood at Rs 622.2 crore as on 31st Mar 2025 as compared to Rs 497.0 crore as on 31st Dec 2024. • Dividend: The Board of Directors have proposed final dividend of 320% (Rs 16 per share) at the meetin
Slide 6: Key wins and achievements & recognitions
For Immediate Release • Mastek secured a strategic engagement from a renowned American Statistical Software Pioneer to transform their finance, customer experience, and planning using Oracle Cloud. This transformation will streamline operations, improve financial planning, and enhance customer inter
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 Q4FY25 April 2025
INVESTOR PRESENTATION Q4FY25 18 April 2025 Presented by: Umang Nahata| Chief Executive Officer, Mastek
Slide 10: Table of Contents
TABLE OF CONTENTS 1 Highlights of the Quarter 2 Financial & Operational Performance Q4FY25 3 FY25 Full Year Performance 4 Key Wins for the Quarter 5 Strategic Priorities & GenAI Investor Presentation | Earning Deck Company Confidential © Mastek 2023. All rights reserved | 2
Slide 11: Highlights of the Quarter
Mastek*@ Trust. Value. Velocity HIGHLIGHTS OF THE QUARTER —
Slide 12: Highlights of Q4FY25
HIGHLIGHTS OF Q4FY25 Revenue Growth Operating EBITDA 12month Order backlog Year-on-Year 16.1% Margin 15.3% Year-on-Year Growth 5.6% Q4FY25 revenue at Q4FY25 Op. EBITDA at 12 Months Order backlog at ₹ 905.4 Crore ₹ 138.8 Crore ₹ 2,290.9 Crore Revenue grew by Op. EBITDA grew by 12 months order backlog
Slide 13: Highlights of FY25
HIGHLIGHTS OF FY25 Revenue Growth Operating EBITDA PAT Year-on-Year 13.1% Margin 15.8% Margin 10.8% FY25 revenue at FY25 Op. EBITDA at FY25 PAT at ₹ 3,455.2 Crore ₹ 546.5 Crore ₹ 375.9 Crore Revenue grew by Op. EBITDA grew by PAT grew by 10.8% YoY (USD terms) 7.4% YoY 20.9% YoY Proposed Final Divide
Slide 14: Key Achievements & Recognitions
KEY ACHIEVEMENTS & RECOGNITIONS Mastek recognized Mastek listed in Mastek recognized Mastek recognized in Everest Group’s Gartner's Market in the ISG Provider Mastek featured in in the 2025 IDC Data and AI Services Guide for Oracle Lens Salesforce Avasant’s Oracle MarketScape for for Mid-market Clou
Slide 15: Financial & Operational Performance Q4FY25
FINANCIAL & OPERATIONAL PERFORMANCE Q4FY25
Slide 16: Financial Performance
FINANCIAL PERFORMANCE 1,000 20.0% 17.7% 17.5% 900 16.1% 17.0% 16.0% 16.5% 16.2% 18.0% 15.2% 15.3% 800 16.0% 700 14.0% 14.7% 600 12.0% 12.0% 500 10.8% 10.0% 10.2% 10.1% 9.9% 400 8.5% 8.8% 8.9% 8.0% 300 6.0% 200 4.0% 100 2.0% 709 725 766 784 780 813 867 870 905 - 0.0% Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY2
Slide 17: Consolidated Financial Highlights Q4FY25
CONSOLIDATED FINANCIAL HIGHLIGHTS Q4FY25 Comparison: Quarter-on-quarter & Year-on-year (Figures In ₹ Crore) Operating Operating EBITDA PAT & 12 Months Revenue & Margin (%) Margin (%) Order Backlog 16.2% 15.3% 16.0% 12.0% 10.8% 8.9% 2,168.4 2,138.7 2,290.9 125.1 140.7 138.8 779.7 869.5 905.4 94.4 94.
Slide 18: Consolidated Financial Summary – Q4FY25
CONSOLIDATED FINANCIAL SUMMARY – Q4FY25 QoQ YoY Key Performance Metrics Q4FY25 Q3FY25 Q4FY24 Growth Growth Revenue from Operations ($mn) $104.6 $102.9 $93.7 1.7% 11.6% Revenue from Operations (₹ Crore) 905.4 869.5 779.7 4.1% 16.1% Revenue Other Income (₹ Crore) 3.6 9.5 5.5 (62.2)% (34.3)% Total Inco
Slide 19: Operating Metrics Q4FY25
OPERATING METRICS Q4FY25 Strengthening our business Q4FY25 Q3FY25 Q4FY24 New Clients Added 11 10 22 Active Client during the Quarter 348 351 430 Client Base Top 5 34.8% 32.4% 31.1% Top 10 44.7% 42.5% 41.5% No. of Clients with Annual Billing > USD 1mn 77 79 76 Total Employee 5,058 5,260 5,539 • Offsh
Slide 20: Revenue Analysis Q4FY25 – Consolidated
REVENUE ANALYSIS Q4FY25 – CONSOLIDATED Balancing Our Portfolio Revenue by Market Region Revenue by Contract Type 17.3% 14.9% 14.3% 40.8% 42.9% 40.5% 24.7% 28.3% 26.0% 58.0% 56.8% 59.7% 59.2% 57.1% 59.5% Q4FY24 Q3FY25 Q4FY25 Q4FY24 Q3FY25 Q4FY25 UK & Europe US AMEA Time & Material Fixed Price Investo
Slide 21: Operational Performance: Revenue by Industry Segments
OPERATIONAL PERFORMANCE Revenue By Industry Segments Q4FY25 – Consolidated Q4FY25 39.1% 23.9% 12.5% 12.9% 11.6% Government & Education Health & Life Sciences Q3FY25 39.0% 21.6% 13.3% 14.1% 12.0% Retail/ Consumer Manufacturing & Technology Financial Services # Q4FY24* 44.7% 15.9% 13.5% 13.2% 12.7% 0%
Slide 22: Operational Performance: Revenue by Service Line
OPERATIONAL PERFORMANCE Revenue By Service Line Q4FY25 – Consolidated Q4FY25 47.9% 30.1% 11.7% 10.3% Digital & Application Engineering Oracle Cloud & Enterprise Apps Q3FY25 47.4% 31.1% 13.6% 7.9% Digital Commerce & Experience Data, Automation and AI Q4FY24 45.6% 31.9% 15.4% 7.1% 0% 10% 20% 30% 40% 5
Slide 23: FY25 Full Year Performance
Mastek*@ Trust. Value. Velocity FY25 FULL YEAR PERFORMANCE —
Slide 24: Consolidated Financial Summary – FY25
CONSOLIDATED FINANCIAL SUMMARY – FY25 YoY Key Performance Metrics FY25 FY24 Growth Revenue from Operations ($mn) $408.4 $368.4 10.8% Revenue from Operations (₹ Crore) 3,455.2 3,054.8 13.1% Revenue Other Income (₹ Crore) 22.3 16.0 39.2% Total Income (₹ Crore) 3,477.5 3,070.8 13.2% Op. EBITDA 546.5 50
Slide 25: Balance Sheet Metrics FY25 – Consolidated
BALANCE SHEET METRICS FY25 – CONSOLIDATED Figures In ₹ Crore Cash & Cash Equivalent Return on Equity# Return on Capital Employed# 20.7% 16.1% 16.5% 270.0 473.3 622.2 24.0% 17.7% 16.9% FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 # Return on Equity = PAT/Average Networth; Return on Capital Employed =
Slide 26: Revenue Analysis FY25 – Consolidated
REVENUE ANALYSIS FY25 – CONSOLIDATED Balancing Our Portfolio Revenue by Market Region Revenue by Contract Type 13.7% 15.9% 15.7% 48.1% 41.8% 42.0% 24.4% 27.0% 27.2% 61.9% 56.9% 57.3% 51.9% 58.2% 58.0% FY23 FY24 FY25 FY23 FY24 FY25 UK & Europe US AMEA Time & Material Fixed Price Investor Presentation
Slide 27: Operational Performance: Revenue by Industry Segments
OPERATIONAL PERFORMANCE Revenue By Industry Segments FY25 – Consolidated FY25 40.5% 20.4% 13.4% 13.7% 12.0% Government & Education Health & Life Sciences FY24 43.9% 16.3% 12.6% 15.3% 11.9% Retail/ Consumer Manufacturing & Technology Financial Services # FY23 41.8% 16.6% 14.6% 15.2% 11.8% 0% 10% 20%
Slide 28: Operational Performance: Revenue by Service Line
OPERATIONAL PERFORMANCE Revenue By Service Line FY25 – Consolidated FY25 46.5% 31.3% 13.0% 9.2% Digital & Application Engineering Oracle Cloud & Enterprise Apps FY24 44.3% 30.9% 17.6% 7.2% Digital Commerce & Experience Data, Automation and AI FY23 43.3% 31.8% 18.1% 6.8% 0% 10% 20% 30% 40% 50% 60% 70
Slide 29: Key Wins for the Quarter
Mastek*@ Trust. Value. Velocity KEY WINS FOR THE QUARTER —
Slide 30: Key Wins: Government, Education & Financial Services
KEY WINS FOR THE QUARTER Government, Education & Financial Services UK & Europe UK & Europe Americas AMEA Client A Global Fortune 500 Leader in Asset A Leading Foreign Aid Agency Dedicated UK’s Official Export Credit Agency UK’s Central Government department Management, Research, and Advisory to Pro
Slide 31: Key Wins: Healthcare
KEY WINS FOR THE QUARTER Healthcare UK & Europe Americas Americas AMEA Client A Leading US-based Non-Profit A Leading Healthcare Provider in the A Leading Health Insurance Provider The Publicly Funded Healthcare System Association providing Healthcare UAE, Delivering Comprehensive Care Offering Cove
Slide 32: Key Wins: Retail, Manufacturing & Technology
KEY WINS FOR THE QUARTER Retail, Manufacturing & Technology UK & Europe Americas Americas AMEA Client UK’s Leading Technical Engineering A Major UAE Conglomerate with Diverse Solutions Providers, Specializing in A Renowned Fortune 500 American A Renowned American Statistical Investments Across Real
Slide 33: Strategic Priorities & GenAI
STRATEGIC PRIORITIES & GENAI
Slide 34: Unlock the Power of AI for Your Business with Mastek
UNLOCK THE POWER OF AI FOR YOUR BUSINESS WITH MASTEK • Reinvent Customer Engagement • Enrich Employee Experience • Improve Productivity • Develop Innovative AI-Powered Intelligent Systems • Enhanced Decision Making • Increase Operational Efficiency • Build Agentic Systems • Small Language Models (SL
Slide 35: Mastek - ADOPT.AI
MASTEK - ADOPT.AI ADOPT.AI FOR TECHNOLOGY Mastek Mastek Deliver Faster & Better AI AMIGO AI ENABLER ADOPT.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 & Acce
Slide 36: Mastek's AI Strategy – Key Takeaways
MASTEK’S AI STRATEGY – KEY TAKEAWAYS 01 • We have established a dedicated AI Engineering Center of Excellence with the goal of delivering AI Engineering Consulting and Integration services focused on driving business application transformations. • We are developing deep expertise in building compete
Slide 37: 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