Hexaware Technologies Limited Earnings Summary — Q4 FY2026
Hexaware Technologies Achieves Record Revenue of ₹3,613 Crore in Q4 FY2026 Amid Operational Margin Recovery
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 3 consecutive quarters.
- Revenue of ₹3,845 Cr is 17.9% higher year-on-year.
- Revenue has compounded at 16.1% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit of ₹330 Cr is 13.2% below the same quarter last year.
- Profit growth is trailing revenue growth this quarter.
- Net profit has compounded at 7.6% annualised across the period.
- Operating margin stands at 15.7% in Q1 FY2027.
- Operating margin expanded by 334 bps year-on-year.
- Over the last two years operating margin has expanded by 105 bps.
- PBT margin is 11.5%.
- Expense growth of 13.4% remained below revenue growth of 17.9%.
- Operating profit of ₹605 Cr is 49.7% higher year-on-year.
- Operating leverage continues to improve.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 72/100 (Strong) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Improving | 3,845 | 3,613 | 3,478 | 3,484 | 3,261 | 3,208 | 3,154 | 3,136 | 2,936 | 2,749 |
| Expenses | Improving | 3,240 | 3,042 | 3,100 | 2,882 | 2,856 | 2,680 | 2,664 | 2,645 | 2,504 | 2,331 |
| Operating Profit | Improving | 605 | 571 | 378 | 601 | 404 | 528 | 490 | 491 | 431 | 418 |
| Operating Margin | Improving | 15.7% | 15.8% | 10.9% | 17.3% | 12.4% | 16.4% | 15.6% | 15.7% | 14.7% | 15.2% |
| Other Income | Volatile | -50 | 22 | 103 | 10 | 160 | 4 | 24 | 11 | 30 | 11 |
| Interest | Improving | 33 | 29 | 31 | 26 | 21 | 22 | 21 | 23 | 12 | 10 |
| Depreciation | Improving | 82 | 91 | 124 | 89 | 75 | 74 | 76 | 74 | 69 | 60 |
| Profit Before Tax | Improving | 441 | 473 | 326 | 497 | 468 | 436 | 417 | 406 | 380 | 358 |
| Tax | Volatile | 111 | 121 | 34 | 127 | 89 | 109 | 96 | 106 | 105 | 79 |
| Net Profit | Stable | 330 | 352 | 292 | 370 | 380 | 327 | 319 | 303 | 275 | 280 |
| Net Margin | Stable | 8.6% | 9.7% | 8.4% | 10.6% | 11.7% | 10.2% | 10.1% | 9.7% | 9.4% | 10.2% |
Key Takeaways
- Revenue surpassed the ₹3,600 crore mark for the first time in a single quarter, reflecting strong demand for digital services.
- Operating margins rebounded to 16% in Q4 from a dip of 11% in Q3, demonstrating cost management resilience.
- The IT services provider maintained a healthy compound profit growth of 20% over the trailing twelve months.
- Tax expense normalized to 26% in the current quarter compared to a significantly lower 10% in the previous quarter.
- Net profit grew 26% year-on-year, outstripping revenue growth and indicating operational leverage.
- The balance sheet remains robust with total reserves climbing to ₹6,255 crore by the end of the fiscal cycle.
Management Guidance
The leadership is focused on an 'AI-driven' core strategy, prioritizing 'Amaze Customers, Automate Everything, Cloudify Everything' to drive future growth.
Sentiment Shift
Improving
A strong recovery in operating margins and record-high revenue figures offset the margin volatility seen in the middle of the fiscal year.
Outlook
The company is positioned as an 'AI-first' digital solutions firm with specific expansion plans in the UK and GIFT City to leverage global delivery and regulatory advantages.
From the Annual Report (Key Quotes)
“Pivoting to an 'AI-driven' core before it became a generic industry trend.”
“Amaze Customers, Automate Everything, Cloudify Everything.”
“Transitioning into an AI-first digital solutions firm.”
Official Quarterly Documents
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This summary is AI-generated from Hexaware Technologies Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.