Mastek Limited has informed the Exchange about Transcript
MASTEK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mastek delivered Q4 FY26 revenue of INR938 crores (up 3.6% QoQ) with stable EBITDA at 16.1%. Full year revenue grew 7% to INR3,699 crores with PAT of INR404 crores (up 7.5%). The 12-month order backlog grew strongly at 24.4% in INR terms to $300.4 million. Management indicated FY27 will be a better growth year than FY26 but declined to give specific guidance. CEO explicitly guided maintaining EBITDA margin at 16%-16.1% for FY27, citing AI-led efficiency gains offsetting pricing pressures. The company is transitioning from T&M to outcome-based commercial models. AI deals now represent 9% of order book. Cash position strengthened to INR938 crores with DSO at 73 days (12-quarter low).
Management's explicit margin guidance of 16%-16.1% for FY27 provides clarity on profitability expectations. Strong order backlog growth and improving North America lead indicators suggest better revenue growth ahead, though management maintains cautious optimism given macro uncertainties.