Conference Call with Mastek Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.
IT Consulting & Software company Mastek announced Q2FY26 results Revenue from Operations: Rs 940.4 crore compared to Rs 867.4 crore during Q2FY25, change 8.4%. EBITDA: Rs 145.5 crore compared to Rs 143.1 crore during Q2FY25, change 1.7%. EBITDA Margin: 15.5% for Q2FY26. PAT: Rs 97.4 crore compared to Rs 128.7 crore during Q2FY25, change -24.3%. PAT Margin: 10.2% for Q2FY26. EPS: Rs 31.2 for Q2FY26. Umang Nahata, Chief Executive Officer, Mastek, said: “We are pleased to deliver another quarter of consistent performance, with revenue growing 2.8% QoQ in rupee terms. Growth was led by strong traction in the UK and Europe, driven by healthcare and secured government services, alongside continued momentum across Digital Engineering and Data, Automation, & AI-led transformation programs. The US business remained stable, despite continued geo-political uncertainties. Overall pipeline and order backlog remain resilient. Operating EBITDA margin improved by 46bps QoQ to 15.5%, aided by enhanced delivery efficiencies and continued cost optimisation. PAT grew 5.9% QoQ, reflecting strong operational discipline. The 12-month order backlog increased 13.2% YoY in rupee terms, driven by sustained demand across service lines. Our AI-led services continue to gain significant traction with close to 100 active engagements where we are delivering tangible ROI gains deploying Generative and Agentic AI. Our deep involvement with UK healthcare to modernise and enable secure, cloud-native, patient-centric environments further strengthens our position in the healthcare ecosystem. Backed by a strong AI momentum and trusted client relationships, we remain confident of delivering sustainable and profitable long-term growth.” Result PDF
Conference Call with Mastek Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
IT Consulting & Software company Mastek announced Q1FY26 results Revenue from Operations: Rs 914.7 crore compared to Rs 812.9 crore during Q1FY25, change 12.5%. EBITDA: Rs 137.3 crore compared to Rs 123.9 crore during Q1FY25, change 10.8%. EBITDA margin: 15.0% for Q1FY26. PAT: Rs 92.1 crore compared to Rs 71.5 crore during Q1FY25, change 28.7%. PAT margin: 9.9% for Q1FY26. Umang Nahata, Chief Executive Officer, Mastek, said: “We are pleased to report another steady quarter, with revenue growth of 12.5% YoY in rupee terms. Growth was led by strong performance in the UK and Europe, driven by momentum in healthcare and secured government services. The US business witnessed headwinds in some accounts, however pipeline and order backlog remain strong. Operating EBITDA margin stood at 15.0%, declined marginally by 31 bps due to ongoing investments in talent and capabilities. On a YoY basis, Operating EBITDA grew by 10.8%. PAT grew to Rs 92.1 crore, up 13.5% QoQ and 28.7% YoY. Our 12-month order backlog grew 8.3% YoY in rupee terms, supported by strong demand across Digital Engineering and Data, Automation & AI. Oracle-led engagements in healthcare and commercial sectors continuing to scale. Our AI proposition is building tremendous traction with customers with over 10 deals finalised this quarter across generative and agentic AI solutions delivering significant productivity gains. We also signed a strategic partnership with Open Ana which significantly elevates our AI capabilities. While the external environment remains dynamic, our execution focus, combined with deep client relationships, positions us well to deliver sustainable and profitable growth in the coming quarters.” Result PDF