MPHASIS · NSE

MphasiS Limited

₹2,300.4

-0.84% (-₹19.6)

Prev. close

₹2,320

Volume

6,50,262

Delivery %

55.0%

As of

18 Sept 2026

Price history

Bullish

UBS Analysis · UBS · 25 Aug 2026

Upgraded Mphasis to 'Buy' from 'Neutral' with a price target of ₹2,980, citing relatively better growth and valuation opportunities within the mid-cap IT segment.

Target ₹2,980PENDINGCall pageClear
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UBS Analysis's call · 25 Aug 2026

Analyst sentiment

Analysts lean bullish

5 analyst stances · last 90 days · one per analyst

Trackable

5 · 4 bull / 0 neutral / 1 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 80% (4)Neutral 0% (0)Bearish 20% (1)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Upgraded Mphasis to 'Buy' from 'Neutral' with a price target of ₹2,980, citing relatively better growth and valuation op…UBS AnalysisUBSMphasis LtdPENDING
Upgraded Mphasis to 'Buy' from 'Neutral' with a price target of ₹2,980, citing relatively better growth and valuation opportunities within the mid-cap IT segment.
Rating & targetTarget ₹2,980Track opinion →

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Fundamentals

About MphasiS Limited

Mphasis Limited, together with its subsidiaries, operates as an information technology solutions provider that specializes in cloud and cognitive services in the United States, India, Europe, the Middle East, Africa, and internationally. The company operates through Banking and Financial Services; Logistics and Transportation; Technology Media and Telecom; Insurance; and Others segments. The company offers application, blockchain, business process, cognitive, cyber security, DevOps, AI, digital, enterprise automation, experience design, infrastructure, modernization, data, IT operations, product engineering, salesforce consulting, and cloud; governance, risk, and compliance; GCP, AWS, Azure, and VmwareTanzu services; and platform and protocols services under the Mphasis XaaP. It serves the banking and capital markets comprising asset management, corporate and investment banking, retail banking, wealth management and brokerage, and mortgage industries; and insurance, payment, financial supply chain, hospitality, travel and transportation, healthcare, life sciences, oil and gas, public, hi-tech, communications, energy and utilities, logistics, and manufacturing sectors. Mphasis Limited was incorporated in 1992 and is based in Bengaluru, India.

Details

Sector

Technology

Industry

Information Technology Services

CEO

Mr. Nitin Omprakash Rakesh

Headquarters

Bengaluru

Employees

23,452

Key stats

Market cap

₹44,269.56 Cr

P/E ratio (TTM)

23.2

Dividend yield

2.68%

EPS (TTM)

₹100.08

Beta (1Y · daily vs NIFTY 50)

0.94

Beta (5Y · monthly vs NIFTY 50)

1.29

Shares float

13.12 Cr

EPS · quarter ended Jun 2026

₹25.61

Upcoming earnings

29 Oct 2026

Financial Performance

01 · Financials

0 Cr5000 Cr10000 Cr15000 Cr20000 Cr-20%0%20%40%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.0% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

0255075100FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

0255075-50%0%50%100%02 Jul 2013 Sept 2105 Jul 2205 Jul 2310 Jul 2409 Jul 2508 Jul 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-100%-50%0%50%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivables

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 Cr20000 Cr0.5×1.5×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 Cr20000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-10000 Cr0 Cr10000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹9,722.31 Cr₹11,961.44 Cr₹13,798.50 Cr₹13,278.52 Cr₹14,229.99 Cr₹15,879.65 Cr
EBITDA₹1,935.81 Cr₹2,278.06 Cr₹2,595.56 Cr₹2,639.69 Cr₹2,901.98 Cr₹3,268.60 Cr
₹1,216.81 Cr₹1,430.89 Cr₹1,637.92 Cr₹1,554.82 Cr₹1,702.14 Cr₹1,862.60 Cr
Diluted EPS₹64.43₹75.61₹86.37₹81.83₹89.36₹97.54

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹9,398.95 Cr₹10,756.14 Cr₹11,609.46 Cr₹14,130.24 Cr₹14,906.63 Cr₹17,781.92 Cr
₹1,181.10 Cr₹1,251.93 Cr₹1,052.77 Cr₹2,388.59 Cr₹1,888.22 Cr₹2,619.68 Cr
Stockholders' equity₹6,526.71 Cr₹6,943.13 Cr₹7,934.84 Cr₹8,794.60 Cr₹9,628.40 Cr₹10,743.71 Cr

Inventory, Trade receivables, Fixed assets, Others, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1,454.53 Cr₹1,715.73 Cr₹1,461.77 Cr₹2,179.70 Cr₹1,905.20 Cr₹1,253.28 Cr
Investing cash flow₹-821.88 Cr₹-282.04 Cr₹182.48 Cr₹-2,482.07 Cr₹44.06 Cr₹-210.66 Cr
₹-861.47 Cr₹-1,388.68 Cr₹-1,440.18 Cr₹77.08 Cr₹-1,755.71 Cr₹-943.25 Cr
Capital expenditure₹-6,840.53 Cr₹-5,934.67 Cr₹-113.15 Cr₹-93.69 Cr₹-61.84 Cr₹-318.51 Cr
End cash position₹771.14 Cr₹826.85 Cr₹1,044.11 Cr₹804.91 Cr₹986.35 Cr₹1,122.92 Cr

Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 19Sep 21Dec 21Mar 22Jun 22Sep 22Dec 22Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Promoter52.22%55.95%55.90%55.80%55.72%55.70%55.65%55.63%55.58%55.57%55.52%55.45%40.35%40.32%40.23%40.14%40.10%40.10%30.59%30.55%30.54%
Public47.78%44.05%44.10%44.20%44.28%44.30%44.35%44.37%44.42%44.43%44.48%44.54%59.65%59.65%59.77%59.86%59.89%59.90%69.40%69.45%69.46%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.03%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Technology

Company
Tata Consultancy Services Limited₹7.92 L Cr₹2,10515.97.3945.9%0.11+4.6%-33.7%
Infosys Limited₹4.20 L Cr₹1,037.713.533.9%0.10+4.6%-31.2%
HCL Technologies Limited₹3.40 L Cr₹1,249.319.54.5322.1%0.07+11.2%-16.4%
Wipro Limited₹1.65 L Cr₹166.413.51.8614.9%0.23+4.0%-34.5%
Tech Mahindra Limited₹1.38 L Cr₹1,537.127.04.6716.2%0.07+7.2%-0.9%
LTM Limited₹1.26 L Cr₹4,275.124.25.2620.9%0.10+11.3%
One 97 Communications Limited₹1.13 L Cr₹1,849.9175.97.053.5%0.01+21.5%+50.5%
LG Electronics India Limited₹1.11 L Cr₹1,652.960.614.4222.0%0.06+1.3%
Oracle Financial Services Software Limited₹1.01 L Cr₹11,89629.712.9333.7%0.00+12.1%+29.7%
Persistent Systems Limited₹85,505.25 Cr₹5,41644.710.9123.8%0.06+23.5%-2.7%
Dixon Technologies (India) Limited₹80,805.72 Cr₹13,00543.317.2830.8%0.21+25.8%-29.1%
MphasiS Limited₹44,269.56 Cr₹2,300.423.24.1217.3%0.24+11.6%-23.3%

Ranked by market cap within Technology, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 29

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

42 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

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