Hexaware Technologies Limited
5,411words
8turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
INR 32,607
2.8%
8.6%
1.6%
11.1%
1.3%
7.5%
17.2%
53 bps
156 bps
6.1%
Risks & concerns — 1 flagged
Slowdown is cyclical in nature, and not Ai driven • Updates on deals and CY 25 • All large consolidation deals are still in works • Small and mid sized deals are progressing well.
— Strategies on Growth acceleration
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Speaking time
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Opening remarks
Revenue
• Q2CY25: USD 382.1 Mn | INR 32,607 Mn o USD o INR o Constant Currency : +2.8% QoQ; +8.6% YoY : +1.6% QoQ; +11.1% YoY : +1.3% QoQ; +7.5% YoY
Profitability
• EBITDA (1): Q2CY25: 17.2% o +53 bps QoQ & +156 bps YoY in % terms o +6.1% QoQ & +19.4% YoY in absolute terms • Basic EPS: o Q2CY25: INR 6.25 | +16.2% QoQ & +37.7% YoY Cash • Closing cash balance as of 30th Jun 2025(4) : INR 19,248 Mn Business Highlights
Strategic Investments
• Hexaware acquires SMC, a leader in building GCCs • Set up client experience centre (CEC) in Chicago
Key People Metrics
• Closing Headcount: 32,410 • Voluntary Attrition for IT(2): 11.1% • Q2CY25 Utilization Rate for IT(3): 83.7%
Key Customer Metrics
• Hexaware Ranked #1 in Service Delivery in the 2025 Whitelane Research IT Sourcing Study for UK&I • Scaled 1 more customer to $50 Mn+ category taking the total count to 4 on Q2’25 LTM basis
Strategies on Growth acceleration
• Launched new AI based software engineering offering • Legacy modernization using RapidX, Gen AI • Private Equity as a channel for Revenue growth • Expand presence in ISV’s and Hitech • Expand presence in India/GCC and Middle East Notes: (1) EBITDA in USD terms (2) Voluntary attrition rate for the IT service line is calculated as the total number of IT business professionals and support function professionals who left the company voluntarily during a period, divided by the average number of IT business professionals and support function professionals during the period, computed on a trailing twelve-month basis. (3) Utilization rate for IT is calculated as the total hours IT business professionals spend on customer-billed assignments, divided by the total available base hours. IT business professionals designated as Mavericks (campus hires) are included in the utilization computation after the completion of an initial training period of up to four months. (4) Includes restricted cash b
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