The engine is the large deal pipeline; bookings are healthy, but revenue dipped and margins compressed this quarter, so the market still hasn't priced in the rebound.
Overall read
4.0/10
No price read
The three reads · this quarter
The engine is the large deal pipeline; bookings are healthy, but revenue dipped and margins compressed this quarter, so the market still hasn't priced in the rebound.
Overall read
4.0/10
No price read
The three reads · this quarter
The standing reads · change less often
Moat
Slim edge
Above-WACC IT services laggard; only switching costs clear v14 bar, and they are eroding under hyperscaler and AI.
Key variables
4 tracked
lead: Large deal TCVLarge deal TCV declined sequentially after a strong Q4, but management expects slippages to recover; pipeline remains healthy.
Walk the talk
Reliable
as of Q1 FY27AI-native platforms unit shifting from service to platform model; 200+ agents deployed.
Latest · newest first
No material exchange filings in the last 60 days. Latest scored quarter: Q1FY27.
Open the Exchange Desk9 of 10 guidance items delivered on time