Mastek Limited

Rs 905.4 crore

ust. Value. Velocity. Press Release | Q4FY25 For Immediate Release Q4FY25 revenue at Rs 905.4 crore, up by 16.1% Y-o-Y • Operating EBITDA at Rs 138.8 crore, up 10.9% Y-o-Y • Healthcare vertical g

16.1%

Press Release | Q4FY25 For Immediate Release Q4FY25 revenue at Rs 905.4 crore, up by 16.1% Y-o-Y • Operating EBITDA at Rs 138.8 crore, up 10.9% Y-o-Y • Healthcare vertical grew by 13.1%

Rs 138.8 crore

For Immediate Release Q4FY25 revenue at Rs 905.4 crore, up by 16.1% Y-o-Y • Operating EBITDA at Rs 138.8 crore, up 10.9% Y-o-Y • Healthcare vertical grew by 13.1% Q-o-Q (USD terms) • Proposed Final Dividend

10.9%

se Q4FY25 revenue at Rs 905.4 crore, up by 16.1% Y-o-Y • Operating EBITDA at Rs 138.8 crore, up 10.9% Y-o-Y • Healthcare vertical grew by 13.1% Q-o-Q (USD terms) • Proposed Final Dividend of Rs 16

13.1%

16.1% Y-o-Y • Operating EBITDA at Rs 138.8 crore, up 10.9% Y-o-Y • Healthcare vertical grew by 13.1% Q-o-Q (USD terms) • Proposed Final Dividend of Rs 16 per share cumulating to 460% for the year

Rs 16

10.9% Y-o-Y • Healthcare vertical grew by 13.1% Q-o-Q (USD terms) • Proposed Final Dividend of Rs 16 per share cumulating to 460% for the year Mumbai, India 18th April 2025: Mastek, a Trusted AI-Fi

460%

rtical grew by 13.1% Q-o-Q (USD terms) • Proposed Final Dividend of Rs 16 per share cumulating to 460% for the year Mumbai, India 18th April 2025: Mastek, a Trusted AI-First, Digital Engineering & C

4.1%

k, said: “We are pleased to report a steady performance in Q4FY25, delivering a revenue growth of 4.1% Q-o-Q and 16.1% Y-o-Y in rupee terms. We closed FY24-25 with a strong annual revenue and PAT growt

20.9%

% Y-o-Y in rupee terms. We closed FY24-25 with a strong annual revenue and PAT growth of 13.1% and 20.9% respectively in rupee terms, driven by disciplined execution across geographies and innovation acr

7.1%

a focused go-to- market approach targeting Fortune 1000 clients. Our 12-month order backlog grew by 7.1% Q-o-Q, reflecting strong order book performance sustained by demand for our Digital Engineering,

Rs 622.2 crore

odernization plan and increased investments in AI and data. With strong cash & cash equivalent of Rs 622.2 crore in Q4FY25, we remain committed to operational efficiency and margin improvement. The Board has rec

380%

rd has recommended a final dividend of Rs 16 per share cumulating to 460% for the year [prior year 380%]. While macroeconomic uncertainties persist, our sharp execution focus and deep client partnership

“Umang Nahata| Chief Executive Officer, Mastek TABLE OF CONTENTS 1 2 3 4 5 Highlights of the Quarter Financial & Operational Performance Q4FY25 FY25 Full Year Performance Key Wins for the Quarter Strategic Priorities & GenAI Investor Presentation | Earning Deck Company Confidential © Mastek 2023.”

“All rights reserved | 4 Proposed Final Dividend of 320% or Rs 16 per share HIGHLIGHTS OF FY25 Revenue Growth Year-on-Year 13.1% Operating EBITDA Margin 15.8% PAT Margin 10.8% FY25 revenue at ₹ 3,455.2 Crore Revenue grew by 10.8% YoY (USD terms) FY25 Op.”

“EBITDA grew by 7.4% YoY FY25 PAT at ₹ 375.9 Crore PAT grew by 20.9% YoY Investor Presentation | Earning Deck *CC: Constant Currency Company Confidential © Mastek 2023.”

“All rights reserved | 14 FY25 FULL YEAR PERFORMANCE CONSOLIDATED FINANCIAL SUMMARY – FY25 Key Performance Metrics Revenue from Operations ($mn) Revenue from Operations (₹ Crore) Other Income (₹ Crore) Total Income (₹ Crore) Op.”

“EBITDA PBT PAT Basic Diluted ₹ Crore $mn Revenue Margins (₹ Crore) Margin (%) EPS (₹) 12month Order Backlog YoY Growth 10.8% 13.1% 39.2% 13.2% 7.4% 18.9% 20.9% (84)bps 63bps 68bps FY25 $408.4 3,455.2 22.3 FY24 $368.4 3,054.8 16.0 3,477.5 3,070.8 546.5 459.2 375.9 15.8% 13.2% 10.8% 121.8 120.7 508.7 386.2 311.0 16.7% 12.6% 10.1% 98.0 97.3 2,290.9 2,168.4 264.5 260.0 Investor Presentation | Earning Deck Company Confidential © Mastek 2023.”

“All rights reserved | 16 BALANCE SHEET METRICS FY25 – CONSOLIDATED Figures In ₹ Crore Cash & Cash Equivalent Return on Equity# Return on Capital Employed# 0 .”

“6 1 FY23 FY24 FY25 # Return on Equity = PAT/Average Networth; Return on Capital Employed = EBIT/Average Capital Employed Investor Presentation | Earning Deck Company Confidential © Mastek 2023.”

“All rights reserved | 17 REVENUE ANALYSIS FY25 – CONSOLIDATED Balancing Our Portfolio Revenue by Market Region Revenue by Contract Type 13.7% 24.4% 61.9% FY23 15.9% 27.2% 56.9% FY24 15.7% 27.0% 57.3% FY25 48.1% 41.8% 42.0% 51.9% FY23 58.2% FY24 58.0% FY25 UK & Europe US AMEA Time & Material Fixed Price Investor Presentation | Earning Deck Company Confidential © Mastek 2023.”

“All rights reserved | 18 OPERATIONAL PERFORMANCE Revenue By Industry Segments FY25 – Consolidated FY25 40.5% 20.4% 13.4% 13.7% 12.0% FY24 43.9% 16.3% 12.6% 15.3% 11.9% Government & Education Health & Life Sciences Retail/ Consumer Manufacturing & Technology Financial Services # FY23 41.8% 16.6% 14.6% 15.2% 11.8% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%”

“All rights reserved | 19 OPERATIONAL PERFORMANCE Revenue By Service Line FY25 – Consolidated FY25 46.5% 31.3% 13.0% 9.2% Digital & Application Engineering Oracle Cloud & Enterprise Apps FY24 44.3% 30.9% 17.6% 7.2% Digital Commerce & Experience Data, Automation and AI FY23 43.3% 31.8% 18.1% 6.8% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Investor Presentation | Earning Deck Company Confidential © Mastek 2023.”

Note

3

Presented by

1

Presented by

Umang Nahata| Chief Executive Officer, Mastek TABLE OF CONTENTS 1 2 3 4 5 Highlights of the Quarter Financial & Operational Performance Q4FY25 FY25 Full Year Performance Key Wins for the Quarter Strategic Priorities & GenAI Investor Presentation | Earning Deck Company Confidential © Mastek 2023. All rights reserved | 2 HIGHLIGHTS OF THE QUARTER HIGHLIGHTS OF Q4FY25 Revenue Growth Year-on-Year 16.1% Operating EBITDA Margin 15.3% 12month Order backlog Year-on-Year Growth 5.6% Q4FY25 revenue at ₹ 905.4 Crore Revenue grew by 12.3% YoY (CC*) Q4FY25 Op. EBITDA at ₹ 138.8 Crore 12 Months Order backlog at ₹ 2,290.9 Crore Op. EBITDA grew by 10.9% YoY 12 months order backlog grew by 1.7% YoY (USD terms) Investor Presentation | Earning Deck *CC: Constant Currency Company Confidential © Mastek 2023. All rights reserved | 4 Proposed Final Dividend of 320% or Rs 16 per share HIGHLIGHTS OF FY25 Revenue Growth Year-on-Year 13.1% Operating EBITDA Margin 15.8% PAT Margin 10.8% FY25 revenue at ₹ 3,455.2

Note

# Financial Services includes consultancy/ professional services * Previous Quarters have been restated as per latest terminology Investor Presentation | Earning Deck Company Confidential © Mastek 2023. All rights reserved | 13 OPERATIONAL PERFORMANCE Revenue By Service Line Q4FY25 – Consolidated Q4FY25 47.9% 30.1% 11.7% 10.3% Digital & Application Engineering Oracle Cloud & Enterprise Apps Q3FY25 47.4% 31.1% 13.6% 7.9% Digital Commerce & Experience Data, Automation and AI Q4FY24 45.6% 31.9% 15.4% 7.1% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Note

Previous Quarters have been restated as per latest terminology Investor Presentation | Earning Deck Company Confidential © Mastek 2023. All rights reserved | 14 FY25 FULL YEAR PERFORMANCE CONSOLIDATED FINANCIAL SUMMARY – FY25 Key Performance Metrics Revenue from Operations ($mn) Revenue from Operations (₹ Crore) Other Income (₹ Crore) Total Income (₹ Crore) Op. EBITDA PBT PAT Op. EBITDA PBT PAT Basic Diluted ₹ Crore $mn Revenue Margins (₹ Crore) Margin (%) EPS (₹) 12month Order Backlog YoY Growth 10.8% 13.1% 39.2% 13.2% 7.4% 18.9% 20.9% (84)bps 63bps 68bps FY25 $408.4 3,455.2 22.3 FY24 $368.4 3,054.8 16.0 3,477.5 3,070.8 546.5 459.2 375.9 15.8% 13.2% 10.8% 121.8 120.7 508.7 386.2 311.0 16.7% 12.6% 10.1% 98.0 97.3 2,290.9 2,168.4 264.5 260.0 Investor Presentation | Earning Deck Company Confidential © Mastek 2023. All rights reserved | 16 BALANCE SHEET METRICS FY25 – CONSOLIDATED Figures In ₹ Crore Cash & Cash Equivalent Return on Equity# Return on Capital Employed# 0 . 0 7 2 3 . 3 7 4 2

Note

# Financial Services includes consultancy/ professional services Investor Presentation | Earning Deck Company Confidential © Mastek 2023. All rights reserved | 19 OPERATIONAL PERFORMANCE Revenue By Service Line FY25 – Consolidated FY25 46.5% 31.3% 13.0% 9.2% Digital & Application Engineering Oracle Cloud & Enterprise Apps FY24 44.3% 30.9% 17.6% 7.2% Digital Commerce & Experience Data, Automation and AI FY23 43.3% 31.8% 18.1% 6.8% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Investor Presentation | Earning Deck Company Confidential © Mastek 2023. All rights reserved | 20 KEY WINS FOR THE QUARTER KEY WINS FOR THE QUARTER UK & Europe UK & Europe Americas AMEA Government, Education & Financial Services Client UK’s Central Government department responsible for Immigration services. UK’s Official Export Credit Agency supporting national exporters and global trade. A Global Fortune 500 Leader in Asset Management, Research, and Advisory Services for Corporations, Mutual Funds, and Institutional