Mastek Q2FY27 revenue rises 3.4% QoQ to Rs 1,018.7 crore as AI deal count climbs to 53
Q2FY27 revenue Rs 1,018.7 crore, up 3.4% QoQ and 8.3% YoY; PAT Rs 105.7 crore up 8.4% YoY; EBITDA margin down to 14.4%.
By ScoutQuest · · 1 min read
- Q2FY27 Revenue from operations
- Rs 1,018.7 crore, up 3.4% QoQ and 8.3% YoY
- Q2FY27 PAT
- Rs 105.7 crore, up 8.4% YoY
- Operating EBITDA margin
- fell 109 bps QoQ to 14.4%
- Period
- Q2FY27, quarter ended 30th September 2026
- Positioning
- Mastek describes itself as a trusted AI Engineering and Transformation company whose vision is to lead AI transformation in select verticals, with 67.8% of revenue from UK & Europe.
📉 Revenue from operations was Rs 1,018.7 crore in Q2FY27, up 3.4% QoQ and 8.3% YoY; in dollars it was $107.3mn, up 2.4% QoQ but down 0.8% YoY. PAT was Rs 105.7 crore (up 8.4% YoY) while operating EBITDA margin fell 109 bps QoQ to 14.4%, which the CFO attributes to the annual increment.
📉 The 12-month order backlog stood at Rs 2,742.8 crore ($286.2mn), up 10.4% YoY in rupees but down 6.6% QoQ. UK & Europe backlog fell to $321.9mn from $360.5mn while US backlog rose to $122.3mn. The company says AI deals made up about 45% of the order book, with 53 new AI deals versus 43 last quarter.
🔬 Management states its vision is to be a leader in AI transformation in select verticals, listing a roadmap of healthcare and life sciences (an Innovaccer partnership with pipeline visibility of $50m+, per the deck), AI-native solutions for UK public sector, and launching Service as a Software.
🎯 The company says cash, cash equivalents and investments were Rs 930.6 crore, which the CFO calls a war chest for strategic investments; it flags that geopolitical uncertainty continues to weigh on AMEA and North America.
Also from Mastek
Q2FY27 results: revenue Rs 1,018.7 crore, up 3.4% Q-o-Q; net profit Rs 105.7 crore
23 Oct 2026
Board meeting outcome: Sep 30, 2026 results approved; auditor finds no material misstatement
23 Oct 2026
Mastek to hold non-deal roadshow in Mumbai on October 27, 2026 with one-on-one and group meetings
22 Oct 2026
More numbers
- Revenue from operations, Q2FY271,018.7 (Rs Crore)
- Revenue growth QoQ, Q2FY273.4%
- Revenue growth YoY, Q2FY278.3%
- Operating EBITDA, Q2FY27146.2 (Rs Crore)
- Operating EBITDA margin, Q2FY2714.4%
- Net profit, Q2FY27105.7 (Rs Crore)
- Net profit growth YoY, Q2FY278.4%
- 12 months order backlog, 30 Sep 2026Rs 2,742.8 crore
- Cash, cash equivalents and investments, 30 Sep 2026Rs 930.6 crore
- Employees, 30 Sep 20264,810
- LTM attrition, Q2FY2715.2%
- New AI deals, Q2FY2753
- Diluted EPS, Q2FY2733.9 (EPS ₹)
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