Mastek Limited · NSE:MASTEK
Mastek — Q1 FY26 Earnings Presentation
31 slides from Mastek's earnings presentation, Jul 19, 2025
Slide 1: Exchange filing cover letter: Press Release and Investor Presentation
SEC/042/2025-26 July 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 SY
Slide 2: Press Release | Q1FY26
Trust. Value. Velocity. Press Release | Q1FY26
Slide 3: Q1FY26 revenue at Rs 914.7 crore, up 12.5% Y-o-Y
For Immediate Release Q1FY26 revenue at Rs 914.7 crore, up by 12.5% Y-o-Y Strong momentum with 10+ AI deals • Operating EBITDA at Rs 137.3 crore, up 10.8% Y-o-Y • PAT at Rs 92.1 crore, up 28.7% Y-o-Y • 12 months order backlog grew by 8.3% Y-o-Y in rupee terms Mumbai, India 18th July 2025: Mastek, a
Slide 4: Review of Consolidated Financial Performance for Quarter ended 30th June 2025
For Immediate Release Review of the Consolidated Financial Performance for Quarter ended 30th June 2025: Figures in $mn Q1FY26 Q4FY25 Q-o-Q Growth Q1FY25 Y-o-Y Growth Revenue from Operations $107.4 $104.6 2.6% $97.3 10.4% Figures in Rs Crore Q1FY26 Q4FY25 Q-o-Q Growth Q1FY25 Y-o-Y Growth Total Incom
Slide 5: Strategic client engagements and awards
For Immediate Release • Mastek secured a strategic engagement from a UK-based central banking institution to modernize data and analytics for supporting monetary policy. The solution delivers a scalable platform that addresses infrastructure gaps and enhances automation, replicability, lineage, and
Slide 6: Key Achievements & Recognitions
For Immediate Release forward engineering. Early results show 60% effort savings, 98.7% functional parity, and a first go-live in just 5 months, accelerating time-to-market, reducing costs, and advancing the client’s SaaS transformation. Key Achievements & Recognitions: During the quarter, Mastek an
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 Q1FY26 July 2025
INVESTOR PRESENTATION Q1FY26 18 July 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 3 Key Wins for the Quarter 4 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 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 13: 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 14: Financial & Operational Performance Q1FY26
FINANCIAL & OPERATIONAL PERFORMANCE Q1FY26
Slide 15: 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 16: 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 17: 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 18: 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 19: 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 20: 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 21: 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 22: 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 23: Key Wins for the Quarter
Mastek*@ Trust. Value. Velocity KEY WINS FOR THE QUARTER —
Slide 24: 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 25: 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 26: 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 27: Strategic Priorities & GenAI
STRATEGIC PRIORITIES & GENAI
Slide 28: 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 29: 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 30: 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 31: 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