Mastek Limited (MASTEK) Earnings Call Transcripts

Mastek Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Mastek Limited reported a revenue of $103.5 million, reflecting a 3.6% year-over-year growth, while maintaining an EBITDA margin of 16.1%. The company signaled a cautiously optimistic outlook for FY '27, driven by a robust order backlog of $300.4 million, which grew 13.5% year-over-year. Management indicated that despite macroeconomic challenges, they expect revenue growth to improve in the upcoming fiscal year, although specific guidance was not provided.

Reported metrics

Guidance from management

Management indicated a cautiously optimistic outlook for FY '27, expecting better performance than FY '26 based on a stronger order backlog and improved lead indicators, although no specific revenue guidance was provided.

What management said

As we have stated earlier, Ankur, we believe maintaining margin percentage for the coming period at 16%, 16.1% is where we see the margin performances. This is based on 2 factors. While we consistently have improved our operational efficiency as well as we also see a lot of AI-led efficiency improvement. On the other hand, the price competitiveness as well as the efficiency and budget reduction asks from the client c...

So on the order backlog, the 12-month order backlog has increased -- definitely increased significantly in our U.K. business. While there is order book improvement in North America, however, the 12-month order backlog has not increased significantly, while we see positive momentum from where we are. As far as the tax rate is concerned, Deepak will explain that more.

What analysts pressed on

Analysts expressed concerns regarding the slow revenue growth despite a strong order backlog and the impact of pricing pressures on margins. There were also questions about the company's ability to maintain growth in the U.S. and AMEA regions amid geopolitical challenges and competitive pricing environments.

Main topics on the call

• Stable Revenue Growth — Mastek achieved a revenue of $103.5 million in Q4, marking a 3.6% year-over-year growth. CEO Umang Nahata noted, "Our Q4 results has been a stable quarter...we've been able to deliver a 3.6% quarter-on-quarter revenue gr...
• Order Backlog Growth — The company reported a 12-month order backlog of $300.4 million, a sequential growth of 1.5% and a year-over-year growth of 13.5%. This backlog is expected to support revenue growth in FY '27, as indicated by management'...
• AI-Focused Strategy — Mastek added over 27 AI-focused customer programs in the quarter, reflecting a strategic shift towards AI for business. Umang stated, "Our focus is now shifting significantly towards AI for business as we look at many ne...
• Stable EBITDA Margin — The EBITDA margin for Q4 was reported at 16.1%, consistent with previous quarters despite wage increases and pricing pressures. CFO Deepak Kedia emphasized, "we were able to hold our EBITDA at 16.1% due to ForEx tailwind...

Read the full Mastek Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 27 Mastek Limited earnings call transcripts on record, spanning January 28, 2020 to July 22, 2026. Based on this history, Mastek Limited reports quarterly. The most recent call on file is dated July 22, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MASTEK

Exchange

NSEI

Country

IN

Sector

Information Technology

Industry

IT Services

Calls on record

27

First call

January 28, 2020

Most recent

July 22, 2026

Reporting cadence

quarterly