Mastek Limited · NSE:MASTEK
Mastek — Q2 FY2027 Earnings Presentation
18 slides from Mastek's earnings presentation, Oct 23, 2026
Slide 1: Investor Presentation Q2FY27
Investor Presentation Q2FY27 23rd October 2026 Presented by: Umang Nahata | Chief Executive Officer, Mastek Group Deepak Kedia | Chief Financial Officer, Mastek Group Investor Presentation Q2FY27 Company Confidential © Mastek 2026. All rights reserved | 1
Slide 2: Agenda
Agenda 01 Highlights of the Quarter 02 Financial & Operational Performance 03 Annexures Investor Presentation Q2FY27 Company Confidential © Mastek 2026. All rights reserved | 2
Slide 3: Highlights of the Quarter
Highlights Of The Quarter Investor Presentation Q2FY27 Company Confidential © Mastek 2026. All rights reserved | 3
Slide 4: Executive Summary
Executive Summary ₹ 1,018.7 cr $ 107.3 mn 14.4 % $ 286.2 mn Q2FY 27 I NR REVENUE Q2FY 27 USD REVENUE Q2FY 27 OP . EB I T D A M ARGI N 12M ONT H ORD ER B ACKLOG 3.4% QoQ | 8.3% YoY in INR 2.4% QoQ | (0.8)% YoY in USD (109) bps QoQ | (121) bps YoY (7.7)% QoQ | 2.3% YoY in USD 2.4% QoQ | (0.6)% YoY in
Slide 5: Mastek's vision: Leader in AI transformation in select verticals
Mastek’s vision : Leader in AI transformation in select verticals # in Q3’FY26 # in Q4’FY26 # in Q1’FY27 # in Q2’FY27 Geo Wise Q2FY27 Deals AI OB: 16.9m AI OB: 27.5m AI OB: 64.0m AI OB: 41.3m #AI Deals: 26 #AI Deals: 27 #AI Deals: 43 #AI Deals: 53 12 Strategic Roadmap 6 Healthcare & Life Sciences AI
Slide 6: Key Wins for the Quarter
Key Wins for the Quarter Americas Americas UK & Europe Senior care and skilled Global dental technology Central Government nursing provider company Department Service-as-Software engagement to 5-year strategic POD Services across Cybersecurity and information build and run a bespoke, AI-powered Orac
Slide 7: Financial Performance
Financial Performance 16.8% 1,050 16.5% 16.2% 15.6% 16.1% 15.4% 18.0% 15.3% 15.0% 14.4% 16.0% 1,000 14.0% 950 14.7% 12.0% 11.7% 10.8% 11.0% 10.6% 10.0% 900 9.9% 10.2% 10.3% 8.9% 8.0% 850 6.0% 4.0% 800 2.0% 867 870 905 915 940 906 938 985 1,019 750 0.0% Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26* Q3FY26 Q4FY
Slide 8: Consolidated Financial Highlights Q2FY27
Consolidated Financial Highlights Q2FY27 (Figures In ₹ Crore) Operating Operating EBITDA PAT & 12 Months Revenue & Margin (%)* Margin (%) Order Backlog 10.2% 10.6% 10.3% 15.4% 15.6% 14.4% 1,018.7 940.4 985.3 2,484.3 2,935.2 2,742.8 146.3 152.1 146.2 105.9 105.7 97.4 `` Q2FY26 Q1FY27 Q2FY27 Q2FY26 Q1
Slide 9: Consolidated Financial Highlights Q2FY27
Consolidated Financial Highlights Q2FY27 Cash & Cash Eq. (₹ crore)* DSO LTM ROCE# `` `` `` 16.0% 16.9% 15.6% 656.1 945.4 930.6 80 75 74 Q2FY26 Q1FY27 Q2FY27 Q2FY26 Q1FY27 Q2FY27 FY25 FY26 Q2FY27 Headcount % Utilization (incl. Trainees) % LTM Attrition `` `` `` 4,745 4,897 4,810 16.4% 18.5% 15.2% 87.
Slide 10: Segment Highlights Q2FY27
Segment Highlights Q2FY27 Revenue split by Segments Geography Industry T&M / Fixed Bid 12.9% 11.0% 11.0% 12.6% 15.0% 16.9% 11.8% 12.5% 39.5% 43.1% 42.9% 21.7% 21.2% 11.1% 22.6% 11.3% 10.3% 9.2% 25.3% 19.3% 18.4% `` 39.0% 42.9% 44.4% 64.5% 67.3% 67.8% 60.5% 56.9% 57.1% Q2FY26 Q1FY27 Q2FY27 Q2FY26 Q1F
Slide 11: Financial & Operational Performance
Financial & Operational Performance Q2FY27 Investor Presentation Q2FY27 Company Confidential © Mastek 2026. All rights reserved | 11
Slide 12: Consolidated Financial Summary – Q2FY27
Consolidated Financial Summary – Q2FY27 QoQ YoY Key Performance Metrics Q2FY27 Q1FY27 Q2FY26 Growth Growth Revenue from Operations ($mn) $107.3 $104.8 $108.2 2.4% (0.8)% Revenue from Operations (₹ Crore) 1,018.7 985.3 940.4 3.4% 8.3% Revenue Other Income (₹ Crore) 11.7 12.0 15.1 (2.6)% (22.3)% Total
Slide 13: Consolidated Financial Summary – H1FY27
Consolidated Financial Summary – H1FY27 YoY Key Performance Metrics H1FY27 H1FY26 Growth Revenue from Operations ($mn) $212.1 $215.6 (1.6)% Revenue from Operations (₹ Crore) 2,003.9 1,855.1 8.0% Revenue Other Income (₹ Crore) 23.8 25.7 (7.4)% Total Income (₹ Crore) 2,027.7 1,880.7 7.8% Op. EBITDA* 2
Slide 14: Operating Metrics Q2FY27
Operating Metrics Q2FY27 Strengthening our business Q2FY27 Q1FY27 Q2FY26 New Clients Added 18 13 13 Active during immediately preceding 12 months 263 260 256 Client Base Top 5 contribution (LTM) 33.3% 33.8% 34.2% Top 10 contribution (LTM) 45.5% 45.9% 44.2% No. of Clients with Annual Billing > USD 1m
Slide 15: Annexures
Annexures Investor Presentation Q2FY27 Company Confidential © Mastek 2026. All rights reserved | 15
Slide 16: Key Achievements & Recognitions
Key Achievements & Recognitions Analysts & Advisory Accolades Everest • Recognized as Major Contender in the Everest Group PEAK Matrix Retail Digital Services PEAK Matrix® Assessment IDC • Recognized as a Major Player in the Oracle Implementation Services 2026 Vendor Assessment globally ISG • Recogn
Slide 17: Mastek's sustainability performance
Mastek’s sustainability performance ENGINEERING SUSTAINABLE SCALE WITH AI Environmental responsibility, inclusive growth, responsible technology and strong governance supporting long-term stakeholder value. FY2040 100% 4,730 Global Net Zero target Renewable electricity in Employees globally UK offic
Slide 18: Thank You
Thank You Note: Except for the historical information and discussion contained herein, statements included in this release may constitute forward looking statements. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from those that be p