Hexaware Technologies Management Guidance Tracker

8 forward-looking guidance items tracked across 2 quarters.

Revenue

Q3 FY26FY26 revenue growth better than 7.6%Tracked

Management expects reported revenue growth in FY26 to exceed the 7.6% reported in FY25, with Q1 being seasonally weak and growth accelerating each subsequent quarter.

Q3 FY26Q1 FY26 will be weaker than typical seasonal weaknessActive

Q1 will face additional headwinds from calendar days, a GSC client cut (70bps annualized impact), and budget allocation lags, making it weaker than usual.

Q4 FY26Revenue growth floor of 7.6% for CY26Active

Management reaffirmed the 7.6% growth floor for the full year, underpinned by deals already won and a strong pipeline.

Margins

Q3 FY26FY26 EBIT margin guidance of 13-14%Tracked

EBIT margin for FY26 is guided at 13-14%, lower than FY25 due to deal ramp-ups and rebadging in H1, but H2 exit rate expected to be higher than current year.

Q4 FY26EBIT margin guidance of 13-14% for CY26Tracked

Full-year EBIT margin expected in 13-14% range, with improvement through H2 and exit rate higher than full-year average.

Growth

Q3 FY26Banking and HNI verticals to lead growth in FY26Tracked

Banking and HNI verticals are expected to grow higher than company average, while MNC manufacturing/consumer returns to growth, and professional services trails.

Q4 FY26Sustained growth momentum from Q2 CY26Active

Management expects growth to become visible from Q2, driven by deal ramp-ups and seasonality reversal, with sustained momentum thereafter.

Other

Q4 FY26Effective tax rate 25-26% for CY26Tracked

ETR guidance reiterated at 25-26% for the full year.