Mastek Reports FY26 Revenue Rise And Operating Profit Growth

23 Apr 2026 CW Team

Mastek reported consolidated Q4FY26 revenue of Rs 9,380 million (mn) and operating EBITDA of Rs 1,507 mn, delivering an operating margin of 16.1 per cent.

Total income rose by five point eight per cent year on year while operating EBITDA increased by eight point six per cent.

PAT normalised for exceptional items and associated tax was Rs 1,239 mn for the quarter, reflecting improvements on both quarter and year comparisons.

For FY26 the group recorded revenue of Rs 36.99 billion (bn) and operating EBITDA of Rs 5,856 mn, with PAT of Rs 4,040 mn and an operating margin of 15.8 per cent.

Twelve months order backlog stood at Rs 28,492 mn, up thirteen point six per cent in US dollar terms, and cash and cash equivalents were Rs 9,385 mn at year end.

The board proposed a final dividend of Rs 16 per share, aggregating to 480 per cent for FY26.

Operationally the company added new strategic engagements and secured more than 85 new AI deals across technology, business and data during the year.

Client metrics showed 326 active clients in the quarter and a stable base of customers with annual billing above USD one mn.

Employee strength was 4,730 with offshore headcount of 3,195 and onsite of 1,535, and utilisation net of leave was 85.7 per cent.

Days sales outstanding and forward FX hedges provided additional revenue visibility for the next 12 months.

The quarter included a series of key wins across government, health and financial services markets, including mandates for federal and municipal health authorities and a UK financial services client where an AI centre of excellence was established.

The group received recognition from industry analysts such as ISG, Everest, Gartner, IDC and Avasant for capabilities in healthcare, cloud and Salesforce services.

Management highlighted progress in leading with AI and in balancing the portfolio across UK and Europe, the US and AMEA markets.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..