Mastek Limited reported a solid set of Q4 results 2026, with a sharp rise in profitability and continued momentum in its AI-led business strategy. The company’s performance reflects steady demand across key global markets and growing adoption of artificial intelligence solutions.
For the quarter ended March 31, 2026, revenue from operations stood at ₹938.0 crore, marking a 3.6% year-on-year increase. Total income rose 5.8% to ₹961.9 crore. Operating EBITDA came in at ₹150.7 crore, up 8.6% YoY, while EBITDA margin improved to 16.1% from 15.3% in the same period last year.
Net profit for Q4 results 2026 surged 30.9% YoY to ₹106.2 crore, driven by better cost efficiency and higher-margin deals. The company also reported a strong order backlog growth of 24.4% over the last 12 months, reaching ₹2,849.2 crore, indicating healthy revenue visibility.
On a full-year basis, Mastek posted revenue of ₹3,698.8 crore, up 7.0%, while EBITDA increased 7.2% to ₹585.6 crore. Net profit rose 7.5% to ₹404.0 crore. The board recommended a final dividend of ₹16 per share, taking the total payout for the year to 480%.
Geographically, the UK and Europe remained the largest contributors in Q4 results 2026, accounting for 66.4% of revenue, followed by the US at 21.5% and AMEA regions at 12.1%. Sector-wise, Government and Education led with a 39.5% share, while Healthcare and Life Sciences saw notable growth to 24.5%.
A key highlight of Q4 results 2026 was Mastek’s “Lead with AI” strategy. The company closed 27 AI deals during the quarter and over 85 deals during the year. Its AI order backlog reached $27.45 million, reflecting strong demand for AI-driven digital transformation.
Operationally, the company maintained a workforce of 4,730 employees, with improved efficiency as revenue per employee rose 12%. Attrition remained stable at 17.4%, while utilization stood at 85.7%.
Mastek also secured major deals across healthcare, financial services, and energy sectors, including projects with US and UK health authorities and global enterprises. Strategic partnerships with Microsoft, Oracle, Salesforce, and AWS continue to support its AI expansion.
Looking ahead, management remains optimistic about growth prospects, supported by a strong deal pipeline and increasing enterprise adoption of AI solutions, positioning the company well for the coming fiscal year.
| Metric | Q4FY26 | Q3FY26 | Q-o-Q Growth | Q4FY25 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Revenue from Operations ($ mn) | 103.5 | 102.1 | 1.4% | 104.6 | (1.1)% |
| Total Income (₹ Cr) | 961.9 | 926.6 | 3.8% | 909.0 | 5.8% |
| Revenue from Operations (₹ Cr) | 938.0 | 905.7 | 3.6% | 905.4 | 3.6% |
| Operating EBITDA (₹ Cr) | 150.7 | 152.0 | (0.8)% | 138.8 | 8.6% |
| EBITDA Margin (%) | 16.1% | 16.8% | (71) bps | 15.3% | 75 bps |
| Net Profit (₹ Cr) | 106.2 | 108.4 | (2.0)% | 81.1 | 30.9% |
| Net Profit Margin (%) | 11.0% | 11.7% | (66) bps | 8.9% | 212 bps |
| EPS (₹) – Diluted | 34.0 | 34.7 | — | 26.0 | — |
| Metric | FY26 | FY25 | Y-o-Y Growth |
|---|---|---|---|
| Revenue from Operations ($ mn) | 421.2 | 408.4 | 3.1% |
| Total Income (₹ Cr) | 3,769.2 | 3,477.5 | 8.4% |
| Revenue from Operations (₹ Cr) | 3,698.8 | 3,455.2 | 7.0% |
| Operating EBITDA (₹ Cr) | 585.6 | 546.5 | 7.2% |
| EBITDA Margin (%) | 15.8% | 15.8% | 2 bps |
| Net Profit (₹ Cr) | 404.0 | 375.9 | 7.5% |
| Net Profit Margin (%) | 10.7% | 10.8% | (9) bps |
| EPS (₹) – Diluted | 129.5 | 120.0 | — |
Reference: https://www.bseindia.com/xml-data/corpfiling/AttachLive/63006835-1050-475c-9434-c24f8f8e2819.pdf

