• AI revenue contribution: Hexaware Technologies disclosed for the first time that over 50% of its revenue is AI-infused, driving a roughly 4% gain in its stock price following AI Day 2026.
• Pricing pressure strategy: The company expects AI-driven pricing pressures across the industry over the next few years, which it plans to offset by introducing new AI-led services and offerings.
• Brokerage views: Brokerage sentiment on Hexaware is mixed, with CLSA maintaining an outperform rating and MOFSL issuing a buy rating with a target price of 720 rupees per share.
• SaaS market strategy: CEO R Srikrishna noted that while legacy SaaS segments tied to core compliance and reporting have strong moats, Hexaware has identified 4 to 5 target archetypes within the nearly $1 trillion ($900 billion) market to challenge traditional SaaS solutions.