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MASTEK · Q1 FY27 · earnings call

MASTEK

Mastek reported Q1FY27 revenue of ₹985.3 crore, up 5% QoQ and 7.7% YoY. The company highlighted strong AI momentum with 40+ new deals, a 25% YoY increase in order backlog to ₹2,935.2 crore. EBITDA margin was 15.4%, down slightly from previous quarter due to Middle East collection delays. Management expressed cautious optimism about growth despite challenges in the Middle East.

herofinancialssegmentstakeawaysquote

Key financials

Revenue from Operations₹985 croreQoQ 5.0%
Total Income₹997 croreQoQ 3.7%
Operating EBITDA₹151 croreQoQ 0.4%
Net Profit₹106 croreYoY 15.0%
Order Backlog₹2,935 croreYoY 25.0%

Segment commentary

AI Deals

40+ new AI deals secured in Q1FY27, contributing ~45% of new order book.

UK & Europe

Strong performance with 6.5% sequential revenue growth in rupee terms.

NA Business

Delivered strong quarter with 6.2% sequential revenue growth in rupee terms.

Middle East

Impacted by geopolitical uncertainties affecting collections.

Guidance & outlook

  • Positive long-term outlook despite Middle East challenges.
  • Focus on operational efficiency and AI-led productivity.

Notable quotes

“We are leading Mastek into an AI transformational company in select verticals.”— Umang Nahata
“Our Q1 performance demonstrated resilience, with 1.8% constant currency revenue growth.”— Deepak Kedia

Key takeaways

  • Strong AI momentum driving growth with significant new deals.
  • Resilient performance despite Middle East headwinds.
  • Focus on operational efficiency and cash management.

Risks flagged

  • Geopolitical uncertainties impacting Middle East business.
  • Delayed collections affecting EBITDA margin.
Educational analysis only. Not investment advice. Consult a SEBI-registered advisor before investing. Source: https://nsearchives.nseindia.com/corporate/MASTEK12_21072026221855_PressRelease21072026sd.pdf
Full transcript (4,409 words)
SEC/034/2026-27 July 21, 2026 Listing Department Listing Department BSE Limited The National Stock Exchange of India Limited 25th Floor, Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street, Fort, Bandra Kurla Complex, Mumbai-400 001 Bandra (E), Mumbai – 400 051 SCRIP CODE: 523704 SYMBOL: MASTEK ISIN: INE759A01021 Dear Sir(s) / Ma'am(s), Sub: Press Release and Investor Presentation We enclose herewith a copy of Press Release and Investor Presentation on Unaudited Financial Results for the quarter ended June 30, 2026, which will be disseminated shortly. The above information is also available on the Company website at www.mastek.com. Thanking you. Yours faithfully, For Mastek Limited Reena Raje Company Secretary & Compliance Officer Membership No. A21440 Encl: as above Mastek Limited 804/805, President House, Opp. C. N. Vidyalaya, Near Ambawadi Circle, Ahmedabad – 380 006 Tel: +91-79-2656-4337 | Email: info@mastek.com | Web: www.mastek.com | CIN: L74140GJ1982PLC005215 Trust. Value. Velocity. Press Release | Q1FY27 For Immediate Release Q1FY27 revenue at Rs 985.3 crore, up by 5.0% Q-o-Q • AI continues to drive strong momentum with 40+ new deals in Q1’27 • Another strong quarter of order booking resulting in growth of 25% Y-o-Y in rupee terms of 12 months order backlog Mumbai, India 21st July 2026: Mastek, a trusted AI Engineering and Transformation company, announced today its financial results for the First Quarter of FY27 ended on 30th June 2026. Commenting on the Q1FY27 results, Umang Nahata, Chief Executive Officer, Mastek, said: “We are leading Mastek into an AI transformational company in select verticals. Our 'Lead with AI' strategy is delivering directional change with ~45% of new order book coming from AI deals. NA won an AI-led salesforce $25mn deal. UK & Europe business continues to deliver strongly with 6.5% sequential revenue growth in rupee terms backed by good momentum in financial services and public sector. NA business also delivered a strong quarter with 6.2% sequential revenue growth in rupee terms. Overall, our long-term growth outlook remains positive, however our Middle East business is seeing impact due to geopolitical uncertainties." Commenting on the Q1FY27 results, Deepak Kedia, Chief Financial Officer, Mastek, said: “Our Q1 performance demonstrated resilience, with 1.8% constant currency revenue growth. Our EBIDTA performance was 15.4% which was a sequential decline largely due to delayed collection in Middle East. We remain focused on operational efficiency, disciplined cost management, and AI-led productivity. Our net cash and investment position have improved by ~Rs.200 Cr over the last two quarters with a Rs.945 Cr cash and investment position at the end of the quarter.” _________________________________________________________________________________ 2 of 7 For Immediate Release Review of the Consolidated Financial Performance for Quarter ended 30th June 2026: Figures in $mn Q1FY27 Q4FY26 Q-o-Q Growth Q1FY26 Y-o-Y Growth Revenue from Operations $104.8 $103.5 1.2% $107.4 (2.4)% Figures in Rs Crore Q1FY27 Q4FY26 Q-o-Q Growth Q1FY26 Y-o-Y Growth Total Income 997.3 961.9 3.7% 925.3 7.8% Revenue from Operations 985.3 938.0 5.0% 914.7 7.7% Operating EBITDA 151.4 150.7 0.4% 137.3 10.2% % of Op. Income 15.4% 16.1% (71)bps 15.0% 35bps Net Profit 105.9 106.2 (0.3)% 92.1 15.0% Net Profit % 10.6% 11.0% (42)bps 9.9% 67bps EPS (Rs) – Diluted 33.9 34.0 29.5 Operating Highlights • 12 months Order Backlog: 12 months order backlog is at Rs 2,935.2 crore ($310.1mn) as on 30th June, 2026 reflecting 25.0% growth in rupee terms on Y-o-Y basis and 13.3% growth in dollar terms on Y-o-Y basis. • Employees: As on 30th June , 2026, the company had a total of 4,897 employees, adding 167 employees during the quarter. Out of 4,987 employees, 3,283 employees were based in India. Last twelve months attrition is down by 1% to 16.4%. • Cash Balance: The total cash, cash equivalents and fair value of Mutual Funds is at Rs 945.4 crore as on 30th June, 2026 adding ~Rs.200Cr in operating cash in last two quarters. Key wins for the quarter • Mastek secured a strategic engagement to digitally transform one of England’s largest councils, unifying Finance, Procurement, Budgeting, HR, and Payroll on a single intelligent Oracle Cloud platform through ADOPT AI. The programme standardises operations, improves financial visibility, and lays the digital foundation for the council’s next decade, with Mastek leading transformation ahead of structural change. • Mastek secured a strategic engagement with a leading UK education technology and payments group to modernise its end-of-life legacy platform into a cloud-native architecture. Powered by Mastek AI, the programme delivered 2x faster modernisation with 90% unit test auto-generation, proving AI-led legacy re-engineering at scale. _________________________________________________________________________________ 3 of 7 For Immediate Release • Mastek secured a landmark engagement with a US Federal security agency to transform mission-critical service delivery, case management, and stakeholder engagement on a scalable Salesforce Agentforce platform. The solution enhances agility, operational efficiency, and citizen-centric service at federal scale. • Mastek secured a strategic engagement with a leading Saudi investment banking and asset management firm to transform Finance, Supply Chain, and Performance Management operations, supported by a three-year managed services partnership. Delivered through ADOPT AI on Oracle Cloud, the programme strengthens governance, improves decision-making, and supports the firm’s Vision 2030 ambitions. • Mastek secured four strategic programmes within the UK’s national health authority Data Directorate, strengthening how national health data drives better care, operational efficiency, and system resilience. The engagements deepen Mastek’s role as a trusted partner to the UK’s health agenda and set the foundation for a larger transformation programme in 2027. • Mastek secured an engagement with a US specialty pharmaceutical company to enhance workforce operations, improving service quality and responsiveness while reducing costs through a flexible nearshore-offshore model. The engagement also opens opportunities in analytics and AI-led enterprise transformation, backed by trusted relationships, platform expertise, and Life Sciences experience. • Mastek secured a strategic five-year engagement with one of KSA’s fastest-growing listed hospital groups to power a major Vision 2030 healthcare transformation. Using Mastek AI Healthcare, the programme connects enterprise, clinical, and revenue systems in real time, giving the group clearer visibility into the economics of care. • Mastek secured a multi-million dollar, fixed-price transformation contract with a leading US provider of automatic taping and finishing tools to replace four disconnected systems with one intelligent enterprise platform. Won in a five-way contest, Mastek’s AI-led approach enabled outcome-based delivery and opens expansion opportunities in a $50 billion Pro ecosystem. • Mastek secured a multi-year, AI-led strategic engagement with a leading US furniture rental and transition services provider, to protect its revenue-critical pricing engine and rebuild it as an AI-native, client-owned intelligent asset. The engagement reduces licence dependence, lowers structural cost, and extends Mastek’s Service-as-Software playbook proven through MastekGROW®. _________________________________________________________________________________ 4 of 7 For Immediate Release • Mastek secured an engagement with a leading US online automotive marketplace, with revenues close to US$1 billion, to engineer and run its data backbone. Powered by Mastek AI-enabled operations, the engagement strengthens platform reliability, scalability, and delivery velocity, extending Mastek’s AI-led operations model in the US data economy. • Mastek secured a five-year strategic partnership with KSA’s national transportation and mobility leader to ensure stability, continuous improvement, and future-ready enterprise operations. Powered by Mastek Agentic AI Managed Services, the engagement embeds AI and automation into daily operations at national scale, supporting Vision 2030 mobility infrastructure. Key Achievements & Recognitions: • Avasant: Mastek has been featured as a ‘Challengers’ in Avasant Higher Education Digital Services 2026 RadarView as well as in Avasant Manufacturing Digital Services 2026 RadarView. In addition Mastek has been recognized in the Avasant Banking Digital Services2026 RadarView. • Gartner: Mastek has been recognized in Gartner Market Guide for Oracle Cloud Infrastructure Professional and Managed Services. • Everest: Mastek has been recognized as a Major Contender and Star Performer in the Oracle Cloud Applications Services PEAK Matrix® Assessment 2026. _________________________________________________________________________________ 5 of 7 For Immediate Release About Mastek Mastek (NSE: MASTEK; BSE: 523704) is a global provider of enterprise AI, digital, and cloud services, enabling clients to achieve measurable and sustainable returns on their technology investments. The company has a presence in over 40 countries and a skilled workforce of close to 5,000 employees. Through its “Lead with AI” approach, Mastek integrates intelligence across its solutions and operations, enabling organizations to accelerate transformation using ethical, scalable, and domain-driven AI adoption. Mastek partners with industry leaders such as Oracle, Salesforce, Microsoft, AWS, Snowflake, and Databricks, serving key sectors such as Public Sector, Healthcare, Retail, Manufacturing, Higher Education, and Financial Services. Mastek is committed to driving innovation by developing a strong ecosystem of start-ups, academia, and IPs. With its core values of trust, value, and velocity, the company empowers close to 400 active customers to transform their business in the evolving tech landscape. Mastek has always been a solutions focused and relationship- centric company, valuing both employees and clients. With its humane approach, Mastek fosters growth through sustainable goals, high ethical standards, and responsible governance. For past results & conference call transcripts, please visit our web site at https://www.mastek.com/investors/. Updated disclosures regarding corporate governance may also be accessed at https://www.mastek.com/investors-corporate-governance/. Investor / Analyst contact: Asha Gupta Investor Relation Practice, E&Y LLP Asha.Gupta@in.ey.com Shareholders may also contact Mastek via email at Investor_grievances@mastek.com, which has been specifically created for the redressal of investor grievances. You may also contact the Investor Relations team by email at investor.relations@mastek.com. 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 projected by these forward looking statements. These risks and uncertainties include, but are not limited to such factors as competition, growth, pricing environment, recruitment and retention, technology, wage inflation, law and regulatory policies etc. Such risks and uncertainties are detailed in the Annual Report of the company which is available on the website www.mastek.com. Mastek Ltd. undertakes no obligation to update forward looking statements to reflect events or circumstances after the date thereof. _________________________________________________________________________________ 6 of 7 For Immediate Release Thank You T Thank You Trust. Value. Velocity. _________________________________________________________________________________ 7 of 7 Investor Presentation Q1FY27 21st July 2026 Presented by: Umang Nahata | Chief Executive Officer, Mastek Group Deepak Kedia | Chief Financial Officer, Mastek Group Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 1 Agenda Highlights of the 01 Quarter Financial & Operational 02 Performance 03 Lead with AI AI & Innovation 04 Wins & Case Studies Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 2 Highlights Of The Quarter Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 3 Highlights of Q1FY27 Secured 40+ new AI deals for Q1FY27 across AI for Technology, Business and Data 12 Months Order Revenue Growth Operating EBITDA 7.7% 15.4% 25.0% backlog Year-on-Year Margin Year-on-Year Growth Q1FY27 revenue at Q1FY27 Op. EBITDA at 12 Months Order backlog at ₹ ₹ ₹ 985.3 Crore 151.4 Crore 2,935.2 Crore 12 months order backlog Revenue grew by Op. EBITDA grew by grew by 1.8% QoQ CC 10.2% YoY 13.3% YoY (USD terms) Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 4 Key Achievements & Recognitions Sectoral Recognitions: Major Contender and Star Performer in the Everest • Mastek featured as a Challengers in Avasant Higher Oracle Cloud Applications Services PEAK Matrix® Education Digital Services 2026 RadarView Assessment 2026 • Mastek featured as a Challengers in Avasant Manufacturing Digital Services 2026 RadarView Data & AI: • Mastek was recognized as a Product Challenger in ISG Snowflake Ecosystem Partners 2026 (Global) Oracle: • Mastek Recognized in Gartner Market Guide for Oracle Cloud Infrastructure Professional and Managed Services Corporate: • Mastek was recognized as a Top 15 Sourcing Standout in the ISG (Information Services Group) Index Q2 2026 – Booming 15 Leaderboard Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 5 Financial & Operational Performance Q1FY27 Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 6 Financial Performance 16.8% 1,200 16.5% 15.5% 18.0% 16.2% 16.1% 15.3% 15.0% 15.4% 15.2% 16.0% 1,000 14.0% 14.7% 800 12.0% 11.7% 11.0% 10.0% 10.8% 10.6% 600 9.9% 10.2% 8.8% 8.9% 8.0% 400 6.0% 4.0% 200 2.0% 813 867 870 905 915 940 906 938 985 - 0.0% Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Revenue from Operations (₹ Crore) Operating EBITDA Margin PAT Margin Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 7 Consolidated Financial Highlights Q1FY27 ₹ Comparison: Quarter-on-quarter & Year-on-year (Figures In Crore) Operating Operating EBITDA PAT & 12 Months Revenue & Margin (%) Margin (%) Order Backlog 16.1% 9.9% 11.0% 10.6% 15.4% 15.0% 7 .4 1 9 ` 0 .8 3 9` 3 .5 8 9 3 .7 3 1 7 .0 5 1 4 .1 5 1 1 .2 9 2 .6 0 1 9 .5 0 1 9 .7 4 3 ,2 2 .9 4 8 ,2 2 .5 3 9 ,2 Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 5.0% QoQ 0.4% QoQ 0.3% QoQ 3.0% QoQ 1.8% QoQ (CC) 10.2% YoY 15.0% YoY 25.0% YoY 7.7% YoY 3.0% YoY (CC) CC: Constant Currency Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 8 Consolidated Financial Summary – Q1FY27 QoQ YoY Key Performance Metrics Q1FY27 Q4FY26 Q1FY26 Growth Growth Revenue from Operations ($mn) $104.8 $103.5 $107.4 1.2% (2.4)% Revenue from Operations (₹Crore) 985.3 938.0 914.7 5.0% 7.7% Revenue Other Income (₹Crore) 12.0 23.9 10.6 (49.6)% 13.9% Total Income (₹Crore) 997.3 961.9 925.3 3.7% 7.8% Op. EBITDA 151.4 150.7 137.3 0.4% 10.2% Margins PBT 138.5 125.2 120.7 10.6% 14.7% (₹ Crore) PAT 105.9 106.2 92.1 (0.3)% 15.0% Op. EBITDA 15.4% 16.1% 15.0% (71)bps 35bps Margin (%) PBT 13.9% 13.0% 13.0% 86bps 84bps PAT 10.6% 11.0% 9.9% (42)bps 67bps Basic 34.2 34.3 29.8 EPS (₹) Diluted 33.9 34.0 29.5 UK & Europe 360.5 359.6 297.7 Total Order US 113.5 87.4 91.9 Backlog ($mn) AMEA 54.1 57.3 64.5 Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 9 Operating Metrics Q1FY27 Strengthening our business Q1FY27 Q4FY26 Q1FY26 New Clients Added 13 12 12 Active Client during the Quarter 309 326 323 Client Base Top 5 32.0% 33.9% 34.7% Top 10 44.7% 46.2% 45.1% No. of Clients with Annual Billing > USD 1mn 69 69 75 Total Employee 4,897 4,730 4,797 • Offshore 3,283 3,195 3,241 Employee • Onsite 1,614 1,535 1,556 Base Diversity (Women employees) 27.9% 27.8% 27.8% LTM attrition 16.4% 17.4% 19.5% Utilization net of leave 83.9% 85.7% 87.2% DSO Days 75 73 82 Value (In mn) –£ 22.6 21.5 18.9 FX Hedges Average rate/ ₹ 120.3 117.8 110.0 for next 12 Value (In mn) –$ 7.6 6.7 5.3 months Average rate/ ₹ 91.8 90.2 86.9 * Restated for comparability with the current quarter figures Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 10 Balance Sheet Metrics Q1FY27 – Consolidated ₹ Figures In Crore Cash & Cash Equivalent* LTM ROE# LTM ROCE# 2 5 4 . . . % % % % % % 2 8 5 5 8 7 9 0 0 2 3 4 6 9 9 . 6 . 4 . 4 . 6 . 6 . 6 1 1 1 1 1 1 FY25 FY26 Q1FY27 FY25 FY26 Q1FY27 FY25 FY26 Q1FY27 Cash & Cash equivalent and Investments during the quarter increased by ₹6.9cr QoQ to ₹945.4cr despite payout of ₹107cr attributed to Annual Variable Pay and Debt repayment of ₹22.8cr # Return on Equity = PAT/Average Networth; Return on Capital Employed = EBIT/Average Capital Employed * Including short-term investments and bank deposits Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 11 Revenue Analysis Q1FY27 – Consolidated Balancing Our Portfolio Revenue by Market Region Revenue by Contract Type 13.1% 12.1% 11.0% 39.7% 21.5% 21.7% 42.7% 43.1% 23.1% 63.8% 66.4% 67.3% 60.3% 57.3% 56.9% Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 UK & Europe US AMEA Time & Material Fixed Price Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 12 Operational Performance Revenue By Industry Segments Q1FY27 – Consolidated Q1FY27 42.9% 19.3% 10.3% 12.5% 15.0% Government & Education Health & Life Sciences Q4FY26 40.2% 22.7% 10.6% 12.4% 14.1% Retail/ Consumer Manufacturing & Technology # Financial Services Q1FY26 39.2% 25.0% 11.7% 12.3% 11.9% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Note: # Financial Services includes consultancy/ professional services Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 13 Operational Performance Revenue By Service Line Q1FY27 – Consolidated Q1FY27 50.0% 27.2% 9.3% 13.4% Digital & Application Engineering Oracle Cloud & Enterprise Apps Q4FY26 50.8% 27.2% 9.6% 12.4% Digital Commerce & Experience Data, Automation and AI Q1FY26 49.2% 28.0% 10.6% 12.2% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 14 Lead with AI Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 15 AI at Mastek Q1FY27 # in Q2’FY26 # in Q3’FY26 # in Q4’FY26 # in Q1’FY27 AI OB: 7m AI OB: 16.9m AI OB: 27.5m AI OB: 64.0m #AI Deals: 25 #AI Deals: 26 #AI Deals: 27 #AI Deals: 43 Geo Wise Q1FY27 Deals 3 Industry-wise Q1FY27 Deals 15 25 13 9 9 6 6 Government & Healthcare & Manufacturing & Manufacturing & Financial Services Education Lifesciences Technology Technology AMEA UK & EU US Industry Recognitions Mastek is recognized as a Challenger in the Avasant Banking Digital Services 2026 RadarViewfor driving cloud-led transformation, AI- enabled innovation, and digital modernization in the banking sector Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 16 AI & Innovation Wins & Case Studies Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 17 Q1 WIN STORY | UK & EUROPE Legacy Re-Engineered at AI Speed A Leading UK & European AI-powered engineering: from end-of-life Visual Basic to a hyper-scaling Azure platform —measured, not promised Education Technology & The Trigger — A Platform at End of Life 1 Payments Group A legacy Visual Basic thick client with business rules embedded in code, end-of-life components, and manual, disconnected data syncing —an aging stack constraining growth in a competitive market. £1.25 Bn+ The Transformation — AI-Native Engineering Online payments processed annually —the payment 2 rail of British education Re-engineered to a modern Azure stack with development itself run on AI skills and architecture templates tailored to multiple design patterns, and AI-driven use-case development. 20,000+ ~9 Mn The Quality Engine — AI That Tests Itself Schools across UK & Parents & users on 3 Europe platform AI-based automation testing with unit test scripts auto-generated alongside the code —quality engineered in at machine speed, and a UI configurable across every form factor. 3.6 Mn+ 500+ Payments processed daily Employees MEASURED OUTCOMES 2x Faster 90% Auto Hyper-Scale Four decades supporting education —cashless Legacy modernisationdelivered at Unit test scripts auto-generated — VB re-engineered to .NET on Azure payments, parent engagement, and school management twice the speed of traditional re- quality at machine speed, not —high availability, built to scale on systems. engineering manual effort demand Strategic modernisation The AI inside: Development ran on AI platform —Skills and Architecture Markdown templates for multiple design patterns, AI-generated use cases, AI-automated testing. Not AI assisting at the edges: AI-native through AI-native legacy re-engineering programme the entire engineering lifecycle. Every legacy estate in the market is now addressable at this speed. Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 18 Q1FY27 NEW WIN | AMERICAS From Platform Risk to AI-Native Advantage A Leading U.S. Furniture AI-led strategic engagement: protect the revenue engine today, rebuild it AI-native tomorrow Rental & Transition Services The Trigger — Platform Risk 1 Retailer The client's revenue-critical pricing configurator runs on a niche platform newly acquired by a global software major —a roadmap they no longer control. ~$1 Bn Enhance & Protect — Today 2 Estimated annual revenue Multi-year AI-led support: Mastek manages and enhances the pricing platform and runs Salesforce administration —one accountable partner for the quote-to-customer chain. 50+ 2,000+ Replace, AI-Native — Tomorrow Years in business Employees nationwide 3 Roadmap for a next-generation pricing configurator —AI-native, built on the client's own 100+ 80+ knowledge base. From renting pricing intelligence to owning it. Locations across the U.S. Countries via global network ANTICIPATED BUSINESS OUTCOMES Market leader in a consolidated category Continuity Velocity Ownership Uninterrupted pricing operations From vendor licence dependence to Faster, smarter pricing responses as through the platform's ownership an owned AI-native asset — The nation's leading provider of “rent-to-rent” furniture AI-led enhancements compound transition structurally lower TCO and transition services since 1970s. Multi-million dollar Why Mastek won: A decade-long partnership and deep understanding of the client's rental business • The engineering depth to master a niche, orphaned platform • AI-native credentials proven on ourselves —Mastek multi-year strategic engagement replaced its own CRM with GROW®, the Service-as-Software playbook we now deliver for clients. Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 19 Q1FY27 NEW WIN | AMEA AI at the Heart of a Healthcare Ecosystem A Leading Publicly Listed Mastek ADOPT AI delivery • Mastek AI Agent Studio • healthcare-safe AI adoption —one intelligent backbone for a hospital network Healthcare Group, Kingdom The Trigger — An Ecosystem Transforming at Once 1 of Saudi Arabia The group is replacing its ERP, hospital information, and revenue-cycle systems together —a patient-centric rebuild at Vision 2030 pace. It needs one agile enterprise backbone that connects to ~$2 Bn the clinical ecosystem in real time. The Transformation — The Intelligent Backbone Market capitalisation—one of the Kingdom's fastest- 2 growing listed healthcare groups Oracle Fusion ERP, Supply Chain, and HCM with healthcare costing & profitability analytics — revenue, cost, and volume economics per service line —delivered via Mastek ADOPT AI, integrated real-time with hospital, payroll, and government platforms, rolled out in waves across the network. +30% +40% The AI — Healthcare-Safe by Design Revenue growth, year- Patient volume growth 3 on-year Predictive, generative, and agentic AI combined: Oracle's embedded AI enabled out-of-the-box, Mastek AI Agent Studio agents piloted, advanced AI solutions phased to enterprise-wide adoption —under 3,000+ 8 three rules: adopt OOB first, healthcare-aware design, value-based adoption with measurable KPIs. Healthcare Business units in ANTICIPATED BUSINESS OUTCOMES professionals & staff transformation scope Care Economics One Backbone 5-Year Partner Profitability per service line — Eight business units on one Implementation plus five years of A multi-hospital network expanding through new revenue, cost, volume —plus 200+ platform, connected real-time to managed services —embedded in prebuilt KPIs out of the box clinical systems the ecosystem facilities and acquisition under Saudi Vision 2030. Why Mastek won: Healthcare is a Mastek powerhouse vertical —200+ providers served across Oracle, digital Multi-year transformation engineering, and data & AI • delivery credentials few can match: 123 entities live in 12 months; 22 hospitals AI-led implementation + 5-year managed services across 3 countries • the Mastek Healthcare Toolkit and Mastek ADOPT AI —hospital-specific operating models, KPIs, and AI adoption built in. Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 20 Q1FY27 NEW WIN | AMERICAS From Four Systems to 1 Intelligent Enterprise A Leading North American Lead with AI: Mastek ADOPT AI-accelerated delivery • embedded Oracle AI workflows • AI business use cases engineered in Professional Tools Sales, The Trigger — Fragmentation as a Growth Ceiling 1 Rental & Service Retailer Four disconnected systems ran the business —point-of-sale, finance, supplier management, e- commerce. No unified inventory view, manually managed rentals, stores blind to each other's stock. ~$1.6 Bn The Transformation — One Accountable Partner The SpecialityProducts Business within the Parent 2 Group One Oracle Cloud program —Finance, Supply Chain, Warehouse, Planning, CPQ, Commerce, in-store POS —accelerated by Mastek ADOPT AI for faster go-to-market, committed at a fixed price. 100+ 3 Stores across North The Intelligence — AI Embedded in the Business Brands, 4 digital storefronts 3 America Embedded Oracle AI Studio workflows and AI business use cases —touchless invoice processing, 10,000+ 40+ demand sensing across 100+ stores, and a rental lifecycle automated from delivery scan to billing to return. Products on one catalog Integration touchpoints unified ANTICIPATED BUSINESS OUTCOMES Visibility Automation Scalability A market leader in taping & finishing tools for the One real-time view of inventory Sell, rent, and repair on one A platform built for the parent across 100+ stores, warehouse, and automated flow —rental billing ecosystem's growth agenda — professional drywall trade —every tool sold, rented, and every sales channel runs itself until return ready to expand, not rebuild repaired. Multi-million dollar Why Mastek won: A five-way contest against leading platforms and rival SIs, won with AI-led, demonstration- driven solutioning • Mastek ADOPT AI delivery engine —pre-built assets, automated testing —enabled the fixed- fixed-price, multi-pillar transformation price commitment • credentials that closed the room: Oracle Fusion AI Agent Partner Challenge Winner 2025. Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 21 Mastek Partners with KSA’s leading Cement Company Delivering Smart Manufacturing Mastek's solution reduces truck turnaround, eliminates THE CHALLENGE weighbridge disputes, and delivers fully automated 24×7 Mastek partners with one of Saudi Arabia’s leading dispatch without manual intervention. With SmartBulk and cement manufacturers, to modernise and digitally SmartPlant Connect live across their operations, the results transform its production, sales, and dispatch operations landed quickly. through Industrial IoT, intelligent automation, and integrated enterprise platforms. 700K+ 1 / 3 min Operating one of the largest cement plants with over 10 Tons dispatched in One truck processed million tonnes cement dispatch and approximately 6 weeks every 3 minutes 220,000 truck movements annually, the client required a scalable, integrated digital foundation to improve efficiency, governance, and customer experience. 24×7 Zero Fully automated Manual intervention at dispatch the weighbridge Board Member & CEO of Saudi Arabia’s leading Cement Company said, “Our collaboration with Mastek has been instrumental in modernizing our production to dispatch operations. The transformation has enhanced operational efficiency improved our fleet management leading to quick turnaround and accelerated deliveries. Beyond operational gains, Mastek’s role as a technology partner has been crucial in strengthening governance in line with our digital ambition while also advancing in our sustainability objectives by significantly reducing carbon emissions and energy wastes.” Investor Presentation Q1FY27 Company Confidential © Mastek 2026. All rights reserved | 22 Thank You DM:\eMdiay\ WFaocrekb\oToekm.ppnlagte\Icons\Social D:\My Work\Template\Icons\Social Media\LinkedIN.png D:\My Work\Template\Icons\Social Media\YouTube.png This presentation contains information that may be privileged or confidential and is the property of Mastek. Copyright © 2025 Mastek. All rights reserved.