Hexaware Technologies Ltd (NSE:HEXT)
₹ 618.3 +25.15 (+4.24%) Market Cap: 376.61 Bil Enterprise Value: 362.82 Bil PE Ratio: 27.38 PB Ratio: 5.56 GF Score: 40/100

Q1 2026 Hexaware Technologies Ltd Earnings Call Transcript

May 6, 2026 / 02:30 AM GMT
Release Date Price: ₹460.55 (+0.26%)

Key Points

Positve
  • Hexaware Technologies Ltd (BOM:544362) reported a better-than-expected quarter with strong profitability.
  • The company has a strong cash balance of $220 million and remains debt-free.
  • Hexaware Technologies Ltd (BOM:544362) continues to add clients, with two new clients contributing over $10 million in revenue.
  • The company is experiencing growth in its IT headcount for the 11th consecutive quarter.
  • Hexaware Technologies Ltd (BOM:544362) has identified a dozen new revenue opportunities, particularly in AI for IT and AI for business.
Negative
  • Revenue for the quarter was largely flat, with only a slight volume growth of $3 million.
  • License revenue was flat sequentially and below the historical quarterly average.
  • The company faces seasonal headwinds, particularly in the fourth quarter, which is typically weaker.
  • There is a continuing impact of the new wage code, which affects margins.
  • Some verticals, such as travel, are expected to underperform due to macroeconomic factors.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

HEXW.NS - Hexaware Technologies Ltd
Q1 2026 Hexaware Technologies Ltd Earnings Call
May 07, 2026 / 02:30AM GMT

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Presentation
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Unidentified_1 [1]
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To ask a question during Q&A, please use the raised hand feature located at the bottom of your Zoom interface. This will place you in the virtual queue.

I'll now hand the conference over to Mr. Niraj Kempka, Head of Investor Relations.

Thank you. Over to you, Mr. Niraj.

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Unidentified_2 [2]
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Thank you, Shal. Hello, everyone. Welcome to HSIVA Technologies' CY26 Q1 Earnings Call. In the call today, we have with us Mr. Ashri Krishna, CEO, and Mr. Vikash Jain, CFO.

In the course of this call, we will make certain
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