Hexaware Technologies has released its investor presentation for the quarter and nine months ended September 30, 2026. This comprehensive document details the company’s financial performance, key business highlights, revenue breakdowns by vertical and geography, and operational metrics. The presentation also includes information on awards, client concentration, and cash flow analysis, providing stakeholders with insights into the company’s strategic direction and financial health.
Hexaware Discloses Q3CY26 Financial Performance
Hexaware Technologies has issued its investor presentation covering the financial results for the third quarter and the first nine months of the fiscal year 2026, ending on September 30, 2026. This release follows a prior communication dated October 24, 2026, which announced the hosting of a conference call for investors and analysts to discuss these results.
Key Financial and Business Highlights
The presentation highlights Hexaware’s AI Led Growth Strategy, focusing on embedding AI across IT and business operations, supported by its proprietary ZeroVity platform and a strategic partnership with Anthropic. The company has also received several accolades, including being recognized as a Leader in various ISG Provider Lens® Quadrants for AWS, Microsoft Azure, and Guidewire services, and named a Visionary by Gartner® for Custom Software Development Services.
Financial highlights for Q3CY26 include Revenue of USD 411.9 million, representing a +1.6% quarter-over-quarter (QoQ) and +4.3% year-over-year (YoY) growth. Profitability metrics show an Adjusted EBIT of 13.8%. The company also reported a closing cash balance of USD 199 million as of September 30, 2026, and a total headcount of 35,887.
Deal Wins and Operational Performance
Hexaware showcased key successful deals across various domains, including technology platforms, infrastructure, banking, and pharmaceutical sectors, emphasizing AI-native customer experience, legacy modernization, data modernization, and AI app development. The company maintains a strong client pyramid, with 205 clients contributing over $1 million in revenue.
Operational efficiency is underscored by its revenue mix, with 53.1% onshore and 46.9% offshore IT services in Q3CY26. Voluntary attrition for IT professionals remained stable at 11.1%, and utilization rates stood at 84.9%.
Financial Metrics Breakdown
The detailed financial tables provide a breakdown of revenue by vertical, geography, IT/BPS, and onshore/offshore services, both in USD and INR. Key metrics such as Reported EBIT, Reported Profit, Basic EPS (INR 7.06), and cash flow indicators like LTM Operating Cash Flows (OCF) and LTM OCF to Reported Profit are presented.
The document also includes the Summary of Consolidated Profit and Loss and Balance Sheet statements, offering a complete financial overview. The cash flow summary for the nine months ended September 2026 and 2025 provides insights into the company’s cash generation and utilization activities.
Source: BSE