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.




Key financials
| Revenue from Operations | ₹985 crore | QoQ 5.0% |
| Total Income | ₹997 crore | QoQ 3.7% |
| Operating EBITDA | ₹151 crore | QoQ 0.4% |
| Net Profit | ₹106 crore | YoY 15.0% |
| Order Backlog | ₹2,935 crore | YoY 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.”
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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.
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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®.
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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.
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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.
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For Immediate Release
Thank You
T
Thank You
Trust. Value. Velocity.
_________________________________________________________________________________
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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
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