MphasiS Ltd.
MPHASISInformation Technology filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
17 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (1 of 17 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20220128 | 2021-12-31 | yes | |
| TRANSCRIPT | 20220506 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220727 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221028 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230127 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230505 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230728 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231026 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240209 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240502 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240731 | 2024-06-30 | yes | |
| TRANSCRIPT | 20250429 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250729 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251105 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260127 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260504 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260728 | 2026-06-30 | yes |
MPHASIS
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 2,248.20 |
| 52-week range | 2047.4 – 2953.6 |
| Return 1M | -7.55% |
| Return 3M | -0.67% |
| Return 1Y | -17.98% |
| Return 3Y | -9.83% |
| Return 5Y | -32.74% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 4,384.00 |
| Other income | 83.00 |
| Total income | 4,467.00 |
| Cost of materials consumed | 0.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | 0.00 |
| Employee benefit expense | 2,409.00 |
| Finance costs | 49.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.31 | -0.00 |
| institutions foreign | 0.20 | 0.00 |
| institutions domestic | 0.45 | -0.00 |
| mutual funds | 0.31 | -0.00 |
| public | 0.69 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 17 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 3,520.00 | 3,506.00 | 3,361.00 | 3,252.00 | 3,277.00 | 3,338.00 | 3,412.00 | 3,422.00 | 3,536.00 | 3,561.00 | 3,710.00 | 3,732.00 | 3,902.00 | 4,003.00 | 4,243.00 | 4,384.00 |
| Other income | 43.00 | 40.00 | 43.00 | 50.00 | 49.00 | 54.00 | 64.00 | 74.00 | 59.00 | 63.00 | 60.00 | 81.00 | 75.00 | 62.00 | 108.00 | 83.00 |
| Total income | 3,563.00 | 3,546.00 | 3,404.00 | 3,302.00 | 3,326.00 | 3,392.00 | 3,476.00 | 3,496.00 | 3,595.00 | 3,624.00 | 3,770.00 | 3,813.00 | 3,977.00 | 4,065.00 | 4,351.00 | 4,467.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 2,039.00 | 2,050.00 | 1,981.00 | 1,932.00 | 1,960.00 | 1,969.00 | 2,065.00 | 2,034.00 | 2,014.00 | 1,989.00 | 2,108.00 | 2,144.00 | 2,243.00 | 2,224.00 | 2,308.00 | 2,409.00 |
| Finance costs | 26.00 | 24.00 | 24.00 | 24.00 | 34.00 | 53.00 | 50.00 | 50.00 | 40.00 | 39.00 | 36.00 | 42.00 | 44.00 | 41.00 | 77.00 | 49.00 |
| Depreciation and amortisation | 80.00 | 82.00 | 83.00 | 87.00 | 89.00 | 103.00 | 131.00 | 105.00 | 104.00 | 132.00 | 135.00 | 132.00 | 128.00 | 143.00 | 153.00 | 147.00 |
| Other expenses | 863.00 | 839.00 | 782.00 | 734.00 | 721.00 | 768.00 | 709.00 | 770.00 | 874.00 | 894.00 | 900.00 | 885.00 | 938.00 | 1,028.00 | 1,132.00 | 1,180.00 |
| Total expenses | 3,008.00 | 2,995.00 | 2,870.00 | 2,777.00 | 2,804.00 | 2,894.00 | 2,954.00 | 2,959.00 | 3,032.00 | 3,055.00 | 3,179.00 | 3,203.00 | 3,352.00 | 3,436.00 | 3,669.00 | 3,784.00 |
| Profit before exceptional items and tax | 555.00 | 551.00 | 534.00 | 526.00 | 522.00 | 499.00 | 522.00 | 537.00 | 563.00 | 569.00 | 591.00 | 610.00 | 625.00 | 629.00 | 681.00 | 683.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -35.00 | 0.00 | 0.00 |
| Profit before tax | 555.00 | 551.00 | 534.00 | 526.00 | 522.00 | 499.00 | 522.00 | 537.00 | 563.00 | 569.00 | 591.00 | 610.00 | 625.00 | 593.00 | 681.00 | 683.00 |
| Current tax | 150.00 | 128.00 | 104.00 | 163.00 | 139.00 | 152.00 | 123.00 | 135.00 | 159.00 | 146.00 | 114.00 | 176.00 | 188.00 | 163.00 | 116.00 | 178.00 |
| Deferred tax | -13.00 | 10.00 | 24.00 | -34.00 | -10.00 | -27.00 | 6.00 | -2.00 | -20.00 | -5.00 | 31.00 | -8.00 | -32.00 | -12.00 | 56.00 | 15.00 |
| Tax expense | 137.00 | 139.00 | 129.00 | 130.00 | 130.00 | 125.00 | 129.00 | 133.00 | 139.00 | 141.00 | 145.00 | 168.00 | 156.00 | 151.00 | 172.00 | 193.00 |
| Profit for the period | 418.00 | 412.00 | 405.00 | 396.00 | 392.00 | 374.00 | 393.00 | 405.00 | 423.00 | 428.00 | 446.00 | 442.00 | 469.00 | 442.00 | 510.00 | 490.00 |
| Profit attributable to owners | 418.00 | 412.00 | 405.00 | 396.00 | 392.00 | 374.00 | 393.00 | 405.00 | 423.00 | 428.00 | 446.00 | 442.00 | 469.00 | 442.00 | 510.00 | 490.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | -8.00 | 35.00 | 40.00 | 60.00 | 8.00 | 37.00 | 24.00 | 16.00 | 28.00 | -56.00 | 69.00 | 100.00 | 31.00 | 41.00 | 43.00 | 98.00 |
| Total comprehensive income | 411.00 | 447.00 | 446.00 | 456.00 | 400.00 | 410.00 | 418.00 | 420.00 | 452.00 | 371.00 | 516.00 | 542.00 | 500.00 | 483.00 | 552.00 | 587.00 |
| Earnings per share, basic | 22.25 | 21.90 | 21.52 | 21.01 | 20.79 | 19.80 | 20.82 | 21.40 | 22.38 | 22.58 | 23.51 | 23.22 | 24.65 | 23.22 | 26.73 | 25.65 |
| Earnings per share, diluted | 22.10 | 21.78 | 21.39 | 20.93 | 20.62 | 19.64 | 20.65 | 21.25 | 22.18 | 22.41 | 23.41 | 23.14 | 24.54 | 23.13 | 26.68 | 25.61 |
Annual results, as filed
| Line | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 7,731.00 | 8,844.00 | 9,722.00 | 11,961.00 | 13,798.00 | 13,279.00 | 14,230.00 | 15,880.00 |
| Other income | 177.00 | 178.00 | 133.00 | 160.00 | 162.00 | 218.00 | 255.00 | 326.00 |
| Total income | 7,908.00 | 9,021.00 | 9,855.00 | 12,122.00 | 13,960.00 | 13,496.00 | 14,485.00 | 16,206.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 4,299.00 | 4,923.00 | 5,630.00 | 7,035.00 | 8,076.00 | 7,925.00 | 8,145.00 | 8,919.00 |
| Finance costs | 17.00 | 81.00 | 63.00 | 74.00 | 97.00 | 161.00 | 166.00 | 204.00 |
| Depreciation and amortisation | 76.00 | 232.00 | 242.00 | 291.00 | 325.00 | 410.00 | 476.00 | 555.00 |
| Other expenses | 2,108.00 | 2,271.00 | 2,290.00 | 2,809.00 | 3,289.00 | 2,931.00 | 3,438.00 | 3,983.00 |
| Total expenses | 6,500.00 | 7,506.00 | 8,225.00 | 10,209.00 | 11,787.00 | 11,428.00 | 12,225.00 | 13,661.00 |
| Profit before exceptional items and tax | 1,407.00 | 1,515.00 | 1,631.00 | 1,913.00 | 2,173.00 | 2,068.00 | 2,260.00 | 2,545.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -35.00 |
| Profit before tax | 1,407.00 | 1,515.00 | 1,631.00 | 1,913.00 | 2,173.00 | 2,068.00 | 2,260.00 | 2,509.00 |
| Current tax | 319.00 | 350.00 | 409.00 | 486.00 | 508.00 | 578.00 | 554.00 | 643.00 |
| Deferred tax | 15.00 | -19.00 | 4.00 | -4.00 | 27.00 | -64.00 | 4.00 | 4.00 |
| Tax expense | 334.00 | 331.00 | 414.00 | 482.00 | 535.00 | 514.00 | 558.00 | 647.00 |
| Profit for the period | 1,073.00 | 1,185.00 | 1,217.00 | 1,431.00 | 1,638.00 | 1,555.00 | 1,702.00 | 1,863.00 |
| Profit attributable to owners | — | 1,185.00 | 1,217.00 | 1,431.00 | 1,638.00 | 1,555.00 | 1,702.00 | 1,863.00 |
| Profit attributable to non-controlling interests | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | 123.00 | 74.00 | 96.00 | 94.00 | 63.00 | 130.00 | 57.00 | 214.00 |
| Total comprehensive income | 1,196.00 | 1,259.00 | 1,313.00 | 1,525.00 | 1,701.00 | 1,684.00 | 1,759.00 | 2,077.00 |
| Earnings per share, basic | 56.05 | 63.57 | 65.18 | 76.38 | 87.05 | 82.42 | 89.87 | 97.82 |
| Earnings per share, diluted | 55.50 | 63.09 | 64.43 | 75.61 | 86.37 | 81.83 | 89.36 | 97.54 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 11,147.00 | 11,609.00 | 12,308.00 | 14,130.00 | 13,582.00 | 14,907.00 | 16,273.00 | 17,782.00 |
| Non-current assets | 5,442.00 | 5,656.00 | 6,523.00 | 7,498.00 | 7,312.00 | 7,921.00 | 9,245.00 | 9,515.00 |
| Current assets | 5,705.00 | 5,953.00 | 5,785.00 | 6,632.00 | 6,270.00 | 6,986.00 | 7,028.00 | 8,267.00 |
| Property, plant and equipment | 241.00 | 972.00 | 208.00 | 922.00 | 195.00 | 822.00 | 191.00 | 193.00 |
| Capital work-in-progress | 3.00 | 5.00 | 0.00 | 14.00 | 0.00 | 0.00 | 1.00 | 0.00 |
| Goodwill | 2,918.00 | 2,959.00 | 3,397.00 | 4,179.00 | 4,216.00 | 4,291.00 | 4,468.00 | 4,768.00 |
| Other intangible assets | 757.00 | 129.00 | 1,086.00 | 432.00 | 1,088.00 | 669.00 | 1,277.00 | 776.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade receivables | 2,521.00 | 2,521.00 | 2,384.00 | 2,426.00 | 2,553.00 | 2,841.00 | 3,123.00 | 4,193.00 |
| Cash and cash equivalents | 983.00 | 1,044.00 | 1,045.00 | 805.00 | 1,012.00 | 986.00 | 1,100.00 | 1,123.00 |
| Total equity and liabilities | 11,147.00 | 11,609.00 | 12,308.00 | 14,130.00 | 13,582.00 | 14,907.00 | 16,273.00 | 17,782.00 |
| Equity | 6,977.00 | 7,935.00 | 7,910.00 | 8,795.00 | 8,669.00 | 9,628.00 | 9,622.00 | 10,744.00 |
| Equity share capital | 188.00 | 188.00 | 189.00 | 189.00 | 189.00 | 190.00 | 190.00 | 191.00 |
| Other equity | 6,789.00 | 7,746.00 | 7,722.00 | 8,606.00 | 8,480.00 | 9,438.00 | 9,432.00 | 10,553.00 |
| Total liabilities | 4,170.00 | 3,675.00 | 4,398.00 | 5,336.00 | 4,913.00 | 5,278.00 | 6,651.00 | 7,038.00 |
| Non-current liabilities | 1,003.00 | 877.00 | 1,272.00 | 1,131.00 | 1,090.00 | 830.00 | 829.00 | 1,029.00 |
| Current liabilities | 3,167.00 | 2,798.00 | 3,125.00 | 4,205.00 | 3,822.00 | 4,449.00 | 5,821.00 | 6,010.00 |
| Borrowings, non-current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Borrowings, current | 336.00 | 198.00 | 660.00 | 1,544.00 | 980.00 | 1,116.00 | 1,221.00 | 1,793.00 |
| Trade payables | 947.00 | 864.00 | 818.00 | 798.00 | 866.00 | 978.00 | 1,189.00 | 1,357.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 829.00 | 1,462.00 | 1,080.00 | 2,180.00 | 961.00 | 1,905.00 | 670.00 | 1,253.00 |
| Net cash from investing activities | 476.00 | 182.00 | -465.00 | -2,482.00 | 1,005.00 | 44.00 | 614.00 | -211.00 |
| Net cash from financing activities | -1,185.00 | -1,440.00 | -616.00 | 77.00 | -1,763.00 | -1,756.00 | -1,190.00 | -943.00 |
| Purchase of property, plant and equipment | 54.00 | 113.00 | 37.00 | 94.00 | 49.00 | 62.00 | 45.00 | 319.00 |
| Net increase in cash | 156.00 | 217.00 | 1.00 | -239.00 | 208.00 | 181.00 | 113.00 | 137.00 |
| con:CFO.BEFORE_TAX | 1,070.00 | 2,054.00 | 1,325.00 | 2,770.00 | 1,303.00 | 2,616.00 | 923.00 | 1,953.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 241.00 | 593.00 | 245.00 | 590.00 | 342.00 | 711.00 | 253.00 | 700.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 2.00 | 2.00 | 1.00 | 2.00 | 1.00 | 2.00 | 1.00 | 2.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 1,233.00 | 0.00 | 280.00 | 0.00 | 432.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 55.63 | 55.58 | 55.57 | 55.52 | 55.45 | 40.35 | 40.32 | 40.23 | 40.14 | 40.10 | 0.40 | 0.31 | 0.31 | 0.31 |
| Domestic institutions | 21.00 | 21.15 | 22.66 | 23.80 | 24.74 | 35.94 | 36.97 | 34.62 | 34.91 | 36.50 | 0.37 | 0.45 | 0.46 | 0.45 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 24.28 | 0.24 | 0.31 | 0.31 | 0.31 |
| Insurance companies | 7.33 | 7.45 | 8.70 | 9.69 | 10.28 | 12.52 | 11.96 | 11.99 | 11.46 | 11.78 | 0.12 | 0.14 | 0.14 | 0.14 |
| Foreign institutions | 17.72 | 17.19 | 16.60 | 15.71 | 14.84 | 18.32 | 18.25 | 20.78 | 20.61 | 19.00 | 0.19 | 0.20 | 0.20 | 0.20 |
| Public | 44.37 | 44.42 | 44.43 | 44.48 | 44.54 | 59.65 | 59.65 | 59.77 | 59.86 | 59.89 | 0.60 | 0.69 | 0.69 | 0.69 |
| Non-institutional | 5.65 | 6.08 | 5.16 | 4.96 | 4.96 | 5.38 | 4.43 | 4.37 | 4.34 | 4.40 | 0.04 | 0.04 | 0.04 | 0.05 |
| Shares outstanding | 188400043 | 188553516 | 188581060 | 188764051 | 188997999 | 189092483 | 189225315 | 189657845 | 190076841 | 190250177 | 190261721 | 190557873 | 190819570 | 190873137 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Mphasis Corporation | Holding company of the Subsidiary | Any other transaction, Interest received, Loan, Purc | 27,132,490,000.00 | 29 |
| Mphasis UK Limited | Holding company of the Subsidiary | Any other transaction, Interest received, Loan, Purc | 11,331,400,000.00 | 35 |
| MphasiS Limited | Subsidiary of Listed entity | Loan, Sale of fixed assets | 2,202,540,000.00 | 3 |
| Mrald Services Limited | Holding company of the Subsidiary | Any other transaction, Interest received, Loan, Sale | 1,213,310,000.00 | 19 |
| Digital Risk Mortgage Services, LLC | Holding company of the Subsidiary | Any other transaction, Sale of goods or services | 593,270,000.00 | 11 |
| MCorp Canada Branch- Calgary Operations | Holding company of the Subsidiary | Any other transaction, Purchase of goods or services | 580,520,000.00 | 7 |
| Mphasis Belgium BV | Holding company of the Subsidiary | Any other transaction, Purchase of goods or services | 448,310,000.00 | 15 |
| Digital Risk, LLC | Holding company of the Subsidiary | Any other transaction, Purchase of goods or services | 411,500,000.00 | 15 |
| Msource (India) Private Limited | Holding company of the Subsidiary | Any other transaction, Interest paid, Purchase of fi | 401,280,000.00 | 14 |
| MphasiS Corporation Canada Branch | Holding company of the Subsidiary | Any other transaction, Purchase of goods or services | 327,580,000.00 | 6 |
| Stelligent Systems LLC. | Holding company of the Subsidiary | Any other transaction, Interest received, Loan, Purc | 326,900,000.00 | 11 |
| Mphasis Consulting Ltd | Holding company of the Subsidiary | Interest received, Loan, Sale of goods or services | 318,950,000.00 | 4 |
| Mphasis Wyde SASU | Holding company of the Subsidiary | Any other transaction, Interest received, Loan, Purc | 262,020,000.00 | 16 |
| Sonnick Partners LLC | Holding company of the Subsidiary | Any other transaction, Purchase of goods or services | 252,540,000.00 | 8 |
| Wyde Corporation | Holding company of the Subsidiary | Any other transaction, Interest received, Loan, Purc | 237,230,000.00 | 16 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-07-28 | Q1FY27 | Read the call | |
| 2026-05-04 | Q4FY26 | Docusign Envelope ID: 07D9F701-C786-8349-8302-CF3796501DAD | Read the call |
| 2026-01-27 | Q3FY26 | Docusign Envelope ID: 816B96A1-4DFE-43EB-8883-A0709EE1E95D | Read the call |
| 2025-11-05 | Q2FY26 | MPHASIS LIMITED, OFFICER – MPHASIS LIMITED | Read the call |
| 2025-07-29 | Q1FY26 | MPHASIS LIMITED, OFFICER – MPHASIS LIMITED | Read the call |
| 2025-04-29 | Q4FY25 | MPHASIS LIMITED, OFFICER – MPHASIS LIMITED | Read the call |
| 2024-07-31 | Q1FY25 | MPHASIS LIMITED | Read the call |
| 2024-05-02 | Q4FY24 | MPHASIS LIMITED | Read the call |
| 2024-02-09 | Q3FY24 | MPHASIS LIMITED | Read the call |
| 2023-10-26 | Q2FY24 | MPHASIS LIMITED, MR. GIREESH SONNAD | Read the call |
| 2023-07-28 | Q1FY24 | MPHASIS LIMITED | Read the call |
| 2023-05-05 | Q4FY23 | MPHASIS LIMITED | Read the call |
| 2023-01-27 | Q3FY23 | MPHASIS LIMITED | Read the call |
| 2022-10-28 | Q2FY23 | Read the call | |
| 2022-07-27 | Q1FY23 | MPHASIS LIMITED. | Read the call |
| 2022-05-06 | Q4FY22 | DocuSign Envelope ID: 817CFBFD-D3E6-4BBF-867B-5003455CCFA9, MPHASIS LIMITED. | Read the call |
| 2022-01-28 | Q3FY22 | LIMITED | Read the call |
What they said about it, quarter by quarter
| Topic | Q3FY23 | Q3FY24 | Q3FY26 | Q4FY22 | Q4FY23 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | — | — | You would have also seen a little bit of a bump in the CapEx line item on the cash flow which also pertains to this, with some to go, but a large port… | And that's a trend that we have started seeing over the last few quarters as the CAPEX to OPEX conversion happens. | — | — | How do you make capex decisions, how do you make supply chain decisions, not knowing what's going to happen either on April 2nd or 90-day pause after … | And there is a very large spend pocket that we will also see opening up, which will again be outside of the typical annual tech budget, because those … |
| Capital allocation | And finally, do you think that Mphasis should really look at some kind of an acquisition to really offset or sort of improve the portfolio on an overa… | This investment has taken many shapes from building organic capability in our tribes to investment in partner-driven capabilities to acquisition-drive… | And we had a couple of payouts from an acquisition purchase consideration, which was deferred, came through in this quarter, and we used temporary fin… | In particular, we are also very pleased with the results of our New Client Acquisition (NCA) engine. | — | Our new client acquisition revenue continues to grow well, sustaining its strong growth trajectory at 27%. | To this effect, the board of directors has also recommended a dividend of INR 57 per share for the full year FY25. Coming to our outlook, we'll contin… | The build-out of our AI stack has been significantly accelerated through the acquisition of Theory and Practice, and its Decision Intelligence platfor… |
| Costs | — | Our conversations show that while cost savings is still an important topic in tech budgets, companies are also looking at new sources of value to stay… | So, that at least, at a macro level, kept a lot of the short-term cost-cutting pressures away. | — | I just wanted to get a sense on what are you seeing with one of your large customers on the logistics side which has decided to target significant cos… | In our conversations with customers, we continue to see them trying to balance cost savings priorities in the current macro environment with the need … | We are in an environment that the tech spend may only go by 2% or 3%, if at all including cost of inflation, whether it's people inflation or equipmen… | — |
| Debt and cash | — | Losses in cash flow hedges impacted margins in Q3 by 40 basis points. | Operating cash flow generation was $43Mn for the quarter in Q3FY26. | — | Losses in cash flow hedges impacted margins in Q4 FY '23 by approximately 80 bps. Our EPS for the full year at INR 87.1 represents a 14% year-over-yea… | Losses in cash flow hedges impacted margins in Q4 FY24 by 10 basis points. | Operating cash flow generation continues to be strong at USD 52 million for the quarter; 100% of the net income. | Operating cash flow for the quarter was $21 Mn. This was temporarily impacted by approximately $17 Mn due to system-related delays in customer remitta… |
| Demand | While mortgage rates have resumed their decline in the recent times, the market remains hypersensitive to rate movements with purchase demand experien… | We are pleased with the pipeline growth outside of the top 10 accounts at strong double digits.Both BFS and non-BFS pipelines have grown well on a yea… | Mphasis NeoIP has accelerated record deal wins along with record pipeline of deals for us. | 817CFBFD-D3E6-4BBF-867B-5003455CCFA9 Mphasis Limited April 29, 2022 Secondly, our ability to build ever-growing pipeline on the back of our effective … | While mortgage rates have started to decline, the market remains hyper-sensitive to interest rate movements with purchase demand experiencing large sw… | Looking back at our journey through this past year and where we were versus where we are indicated at the beginning of FY24. We entered 2024 with a st… | This is evident in our performance in Q4FY25 as we step into a new year, with AI-led transformation deals driving record growth in pipeline, especiall… | Continuum AI is a modular and scalable decision intelligence platform designed to support real-time, high- stakes enterprise decision-making across do… |
| Guidance | January 20, 2023 We expect that to come to a head at some point between this quarter and next quarter. | We expect additional key archetypes as we expand on these offerings. | We expect the pace of revenue and deal conversion to remain strong, propelled by the Savings-Led TransformationTM theme. | In terms of the guidance towards fresher hiring, we will continue to optimize a pyramid that's the roadmap we are committed to. | While we expect to have a soft start to FY '24 as we deal with some slowdown in BFS, including a client-specific issue, and delayed contract conversio… | We indicated in April last year that mortgage segment was close to bottoming out and that we expected incremental stability throughout the later part … | We continue to make investments in the right areas where we expect demand. | We expect this momentum to continue, supported by strong deal conversion and increasing traction in savings-led, AI-driven transformation programs. |
| Margin | Coming to our financial metrics, our margin philosophy affords us the flexibility to manage our profitability in this volatile environment. | Coming to our financial metrics, our margin philosophy affords us the flexibility to manage our profitability in the face of revenue headwinds. | And as they do, the platform naturally becomes more sticky, increases wallet share and enhances margin leverage. | Our Tribe driven pipeline is up 14% year-over-year, despite record conversion from pipeline to new TCV sold in FY22. Coming to our financial metrics, … | Coming to our financial metrics: Our margin philosophy affords us the flexibility to manage our profitability in the phase of revenue headwinds. | Our margin philosophy affords us the flexibility to manage our profitability in the face of revenue headwinds. | Looking at quarterly financial metrics, we delivered to our philosophy of maintaining margin in the stated band while making investments for growth. | Q4FY26 EBIT margin expanded by 20 basis points sequentially to 15.4%, while full-year EBIT margin remained stable at 15.3%. |
| People | January 20, 2023 What percentage of hiring we will do, it all depends on the segment growth, what kind of productivity gains can we get and what kind … | So is there any one-off there because utilization has come up quite a bit and should that be near-term headwind? | The third one around headcount increase, again I think we indicated that we are starting to see some life of activity, especially with the interest ra… | So, let me answer the utilization question first. | Nitin, the other question was on attrition. | And what is our outlook on hiring as well? | So, the headcount for the last 4 years seems to have been decreasing. | So, can you just maybe part of it could be utilization, which probably is not reported this time. |
| Pricing | — | — | Structurally for us, because we are taking an AI-first approach, we are using AIOps to lead in, we are actually opening that opportunity set for us be… | 817CFBFD-D3E6-4BBF-867B-5003455CCFA9 Mphasis Limited April 29, 2022 banks look to optimize their spends, do you think this impacts the possibility of … | — | That was not something that we would have been able to win 18 or 24 months ago because that was a scale game, per ticket pricing, how many different l… | — | — |
| Revenue growth | Our financial year-to-date FY '23 direct revenue growth is at 24.5% in constant currency terms and compares with the FYTD constant currency of overall… | We continue to push for revenue growth, which is anchored in our strong client mining model and tech-led offerings. | We continue to push for revenue growth, which is anchored in our strong client mining model and tech-led offerings. | 4th Quarter FY22 marks the 7th straight quarter of 20% plus year-over-year revenue growth in BFS. | Our smaller and newer verticals such as healthcare are growing quite well reflected in the 31% revenue growth in FY '23 in the Others segment. | Specifically on revenue growth, in April '23, we called out Q1 '24 softness in the BFS segment, which unfortunately lingered through the first half of… | We continue to push for revenue growth, which is anchored in our strong client mining model and tech-led offerings. | We are seeing this play out across domains such as supply chain optimization, revenue growth management, pricing and promotions, as well as demand and… |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2023-10-26 | Q2FY24 | MPHASIS LIMITED | While we expected some of these deals to be revenue accretive in Q2, we saw some -- we've seen a pushout of conversion due to transition in ramp-up timelines towards the later part of Q2, and we're now expecting to see that revenue to pick up in Q3. Our direct revenue increased by 0.3% sequentially in constant currency terms and declined by 8.9% Y-o-Y in Q2 FY '24. |
| 2025-11-05 | Q2FY26 | MPHASIS LIMITED | You mentioned next quarter, we should be back to the positive territory, but will we be back just to the single-digit positive territory or will we be back to the normal gross margins of 20%+ that we used to report in the vertical? |
| 2026-05-04 | Q4FY26 | Docusign Envelope ID: 07D9F701-C786-8349-8302-CF3796501DAD | As a result, we exceeded our initial guidance of “better-than-industry” growth, delivering more than 2x industry growth while maintaining margins within our target band of 14.75% to 15.75%. |
| 2026-05-04 | Q4FY26 | Docusign Envelope ID: 07D9F701-C786-8349-8302-CF3796501DAD | 07D9F701-C786-8349-8302-CF3796501DAD Mphasis Limited April 30, 2026 We remain focused on maintaining strong pipeline momentum and deal conversion, building on FY26’s record TCV performance as we enter FY27. Despite ongoing macro uncertainty, we expect to deliver high single-digit to low double-digit growth, supported by disciplined execution and increasing demand for AI-led transformation in FY27. From a margin perspective, we remain committed to operating within our target band of 14.75% to 15.75%, while continuing to invest in platforms and capabilities. |