Hexaware Technologies Limited has informed the Exchange about Investor Presentation
HEXT · price
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Hexaware reported Q1CY26 revenue of USD 388.5 million (flat QoQ, +4.6% YoY) with EBIT margin at 13.0%, down 133 bps YoY. Basic EPS rose 7.2% YoY to INR 5.77. The company added 2 new $10Mn+ customers (total 34) and achieved 11 straight quarters of IT headcount growth with 33,798 total employees. AI strategy focuses on 12 new opportunity archetypes, with AI in SDLC cited as the single largest deal driver. Banking vertical delivered strongest growth at +21.1% YoY, while Technology/T&T verticals declined. Cash balance stands at USD 220 million.
Management reaffirmed CY26 revenue growth guidance of 7.6% and EBIT margin guidance of 13.0%-14.0%, expecting margin improvement to accelerate in H2. The flat QoQ revenue and margin pressure may concern short-term investors, though deal wins and AI-driven opportunities suggest better growth momentum ahead.