Hexaware Technologies Limited has released its investor presentation for the first quarter ended March 31, 2026. The company reported consolidated revenue of ₹36,130 million (USD 388.5 million), marking a 3.9% increase quarter-on-quarter and a 12.6% increase year-on-year in INR terms. The reported EBIT margin stood at 13.3% in INR terms, an increase of 598 basis points quarter-on-quarter and a decrease of 87 basis points year-on-year. Basic EPS was ₹5.77, showing a 20.5% increase quarter-on-quarter and a 7.2% increase year-on-year. The company is strategically focusing on AI, addressing 12 new archetypes of opportunities and proactively offering AI-driven productivity enhancements to its customers. Hexaware launched its AIOps reasoning platform as part of the Tensai® release and plans to hold an AI day shortly after the Q2CY26 results. Key operational highlights include a closing headcount of 33,798, with the 11th consecutive quarter of IT headcount addition. Voluntary attrition for IT remained at 11.1%, and the IT utilization rate was 82.6%. The company added two new customers in the $10 million+ category on a last-twelve-months (LTM) basis, bringing the total to 34. Hexaware is reiterating its CY26 baseline revenue growth guidance of 7.6%. The outlook is supported by the ramp-up of previously won large deals and strong conversion from recent wins. The company expects Banking, Healthcare & Insurance, and Manufacturing & Consumer to lead growth in CY26, with Professional Services and Financial Services to follow. The travel and transportation sector is anticipated to lag due to macroeconomic factors. The EBIT margin guidance for CY26 is reiterated at 13.0%–14.0%, with expectations of improvement through the year, particularly in the second half. The company also highlighted its commitment to ESG initiatives, including achieving net-zero greenhouse gas emissions by 2040 and transitioning to renewable energy sources.
