Mastek Q3 FY26 Concall: Management on UK Public Sector Stability and US Expansion

Описание: Mastek Q3 FY26 Concall: Management on UK Public Sector Stability and US Expansion

During the Q3 FY26 conference call, the management of Mastek Limited highlighted the resilience of their UK public sector business despite broader macroeconomic challenges. The leadership team provided detailed updates on their growth trajectory in the US market, particularly in the Healthcare and Life Sciences verticals. Management also discussed the steady adoption of their GenAI-integrated solutions and their focus on improving operational margins through offshore delivery optimization and pyramid restructuring.

The company's performance was largely in line with brokerage estimates on the top-line front, supported by a healthy 12-month order backlog. However, the EBITDA margins were slightly ahead of analyst expectations as the company benefited from disciplined cost management and a favorable currency tailwind. Management expressed a cautious yet optimistic outlook for the remainder of the year, citing a strong pipeline of opportunities in the digital engineering and cloud transformation space.

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