Q1 mein company ne kaise kiya perform?
Dekho, Hexaware ne fiscal year 2026 ke pehle quarter (Q1) mein revenue aur EBIT margins ke internal targets ko cross kar liya hai. Isse investors ka confidence badha hai. Ab company ne saal bhar ke liye apna US dollar revenue growth ka target bhi pakka kar liya hai, jo kam se kam 7.6% rehne wala hai.
Aage ka growth target kitna ambitious hai?
Agar 7.6% ka annual growth achieve karna hai, toh baaki ke teen quarters mein har quarter mein average 4.2% ka growth dikhana hoga. Yeh numbers pichhle performance se thoda faster hain. Stock mein bhi thoda upar-neeche dekha gaya, average se thoda zyada trading hua. Company ko manufacturing sector aur vendor consolidation deals se kaafi support mil raha hai, par travel sector mein slowdown ek bada challenge hai. Management ko umeed hai ki jaise jaise business badhega, margins bhi improve honge. Lekin travel sector ka slowdown lamba chal sakta hai, aur growth target achieve karne ke liye execution critical rahega.
Analysts kya keh rahe hain?
Bade players jaise LTIMindtree aur Persistent Systems ke mukable Hexaware ka valuation abhi attractive lag raha hai. Woh companies CY27 earnings ke 28x aur 32x par trade kar rahi hain, jabki Hexaware ka target 20x CY27 EPS par hai, jo ₹29 ke aas-paas hai. Is hisaab se target price ₹580 banta hai. ICICI Securities ne bhi 'Buy' rating di hai aur target ₹580 rakha hai. Baaki analysts bhi positive hain, target price ₹550 se ₹620 ke beech mein de rahe hain. Par sabki nazar iss baat par hai ki company aane wale quarters mein growth kaise manage karti hai aur sector slowdown ko kaise paar karti hai. Q1 2025 results ke baad jab margins par concern thi, tab investors ne negatively react kiya tha. To bhaiyo, numbers to acche hain, par aage execution hi sab kuch decide karega!
