Mphasis
Mphasis Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Mphasis Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Mphasis Ltd trades at a P/E of 24.17× and P/B of 4.27×, against the Technology sector median P/E of 18.82×.
Valuation
Profitability
Growth
Financial Health
Mphasis Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Mphasis Ltd, switchable between annual and quarterly views, consolidated or standalone.
Mphasis Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹44,079.32 Cr and reported EPS of ₹94.22.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 6,546 | 7,731 | 8,844 | 9,722 | 11,961 | 13,798 | 13,279 | 14,230 | 15,880 |
| Other Income | 162 | 177 | 178 | 133 | 160 | 162 | 218 | 255 | 326 |
| Total Income | 6,708 | 7,908 | 9,021 | 9,855 | 12,122 | 13,960 | 13,496 | 14,485 | 16,206 |
| Gross Profit | 6,546 | 7,731 | 8,844 | 9,722 | 11,961 | 13,798 | 13,279 | 14,230 | 15,880 |
| +Operating Expenses | 5,483 | 6,407 | 7,193 | 7,919 | 9,844 | 11,365 | 10,857 | 11,583 | 12,901 |
| EBITDA | 1,062 | 1,324 | 1,650 | 1,803 | 2,118 | 2,434 | 2,422 | 2,647 | 2,978 |
| +Non-Operating Expenses | 71 | 93 | 313 | 305 | 365 | 423 | 571 | 642 | 724 |
| Profit Before Tax (PBT) | 1,128 | 1,407 | 1,515 | 1,631 | 1,913 | 2,173 | 2,068 | 2,260 | 2,509 |
| +Tax Expense | 290 | 334 | 331 | 414 | 482 | 535 | 514 | 558 | 647 |
| Profit After Tax (PAT) | 837 | 1,073 | 1,185 | 1,217 | 1,431 | 1,638 | 1,555 | 1,702 | 1,863 |
| Earnings Per Share (EPS) | 43.34 | 57.64 | 63.52 | 65.06 | 76.18 | 86.94 | 82.27 | 89.55 | 97.61 |
| Diluted Shares Outstanding (Nos.) | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| +Additional Disclosures | 5,538 | 6,623 | 7,580 | 8,321 | 10,303 | 11,850 | 11,558 | 12,282 | 13,875 |
| Sales Growth % | — | 18.11 | 14.39 | 9.94 | 23.03 | 15.36 | -3.77 | 7.17 | 11.59 |
| YoY Sales Growth % | — | 18.11 | 14.39 | 9.94 | 23.03 | 15.36 | -3.77 | 7.17 | 11.59 |
| Employee Cost % | 58 | 56 | 56 | 58 | 59 | 59 | 60 | 57 | 56 |
| Other Cost % | 25 | 27 | 26 | 24 | 23 | 24 | 22 | 24 | 25 |
| OPM % | 16 | 17 | 19 | 19 | 18 | 18 | 18 | 19 | 19 |
| Tax % | 26 | 24 | 22 | 25 | 25 | 25 | 25 | 25 | 26 |
| Profit Growth % | — | 28.16 | 10.39 | 2.70 | 17.59 | 14.47 | -5.07 | 9.47 | 9.43 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 992 | 1,248 | 1,419 | 1,561 | 1,827 | 2,109 | 2,011 | 2,171 | 2,423 |
Mphasis segment analysis: revenue and profit mix.
Disclosed business segments at Mphasis with their share of revenue and profit, switchable between consolidated and standalone reporting.
Mphasis discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Mphasis Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Mphasis Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Mphasis Ltd's investment case rests on 7 positive markers and 7 flagged concerns drawn from the latest reported filings.
What you're getting.
Mphasis exhibits strong profitability with a Return on Equity (ROE) of 18.20%, indicating efficient use of shareholder investments and a healthy net profit of ₹442 crore in the last quarter, showcasing consistent growth. This is further supported by a positive quarterly sales variation of 9.06%.
The company boasts a healthy Return on Capital Employed (ROCE) of 22.70%, signifying effective capital allocation and operational efficiency. Its Operating Profit Margin (OPM) stands at a robust 18.80%, highlighting strong pricing power and cost management.
Despite recent stock price volatility, Mphasis shows a relatively low debt-to-equity ratio of 0.12, suggesting a manageable debt burden and a strong financial foundation. The company's market capitalization is substantial at ₹54682 crore, indicating investor confidence.
Mphasis operates in the high-growth Information Technology sector, specifically within the lucrative Computers - Software & Consulting industry. Its strong performance metrics suggest a competitive advantage within this dynamic market environment.
The Information Technology sector, particularly Software & Consulting, continues to experience robust global demand, offering Mphasis significant opportunities for market expansion and revenue growth in emerging technologies.
What can break it.
Promoter holding has significantly decreased from 55.72% in June 2022 to 40.1% in September 2025, raising concerns about potential future share dilutions and decreased management control. This decline warrants close monitoring.
While quarterly profits are up, the five-day stock price shows a recent decline of -0.65%, indicating some market uncertainty and potential short-term price volatility. Investors should consider this short-term trend in their investment decisions.
Although the Price-to-Earnings (PE) ratio of 31.40 is not excessively high compared to some industry peers, it's still relatively high, suggesting the stock might be somewhat overvalued compared to its earnings. Further analysis is needed.
Despite a low debt-to-equity ratio, the absolute debt amount of ₹1116 crore is still significant and needs to be considered in the context of the company's overall financial health and future investment plans. This should be monitored.
The highly competitive Information Technology sector poses a constant threat, with established players and new entrants vying for market share, potentially impacting Mphasis's pricing power and client acquisition efforts.
What would change my mind.
Trim if P/E re-rates above 31 (~1.6× the sector multiple of 18.8). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 24.88. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 13%. The operating engine is no longer compounding capital efficiently.
Mphasis Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Mphasis Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Mphasis Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Mphasis Ltd — derived from the live tape, not yesterday's close.
Mphasis Ltd last traded at ₹2,309.7 with an intraday range of ₹2,285.3–₹2,347.9 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹2309.70| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 2468.50 | +158.80 | +6.88% |
| R3 | 2405.90 | +96.20 | +4.17% |
| R2 | 2376.90 | +67.20 | +2.91% |
| R1 | 2343.30 | +33.60 | +1.45% |
| PIVOT | 2314.30 | 4.60 | 0.20% |
| CURRENT | 2309.70 | — | — |
| S1 | 2155.50 | -154.20 | -6.68% |
| S2 | 2218.10 | -91.60 | -3.97% |
| S3 | 2251.70 | -58.00 | -2.51% |
| S4 | 2280.70 | -29.00 | -1.26% |
MPHASIS is trading Below CPR, indicating Bearishness
CPR is Average
Day's range: 2285.3 ~ 2314.4
Trading Above opening range, showing Bullishness
Mphasis Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Mphasis Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Mphasis Ltd stood at 48.2% of traded volume, against a 20-day average of 40.9%.
Mphasis announcements: results, concalls, ratings, M&A.
Filings Mphasis sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Mphasis files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 155 documents below.
Analysts/Institutional Investor Meet/Con. Call Updates
MphasiS Limited has informed the Exchange about Schedule of meet
Press Release
MphasiS Limited has informed the Exchange regarding a press release dated May 27, 2026, titled "Mphasis Launches Mphasis TriaTM, a First-of-its-Kind…
Investor Presentation
MphasiS Limited has informed the Exchange about Investor Presentation
Analysts/Institutional Investor Meet/Con. Call Updates
MphasiS Limited has informed the Exchange about Schedule of meet
General Updates
MphasiS Limited has informed the Exchange about General Updates
Investor decks & rating reports.
Mphasis insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Mphasis as reported to SEBI — buying and selling signals from the people who know the business best.
Mphasis insider activity below tracks 19 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Manikantan T | Insider | 10 Jun 2025 | sell | −300 | ₹8.01 L | ₹2,669.00 |
| Manikantan T | Insider | 09 Jun 2025 | sell | −1.5 K | ₹39.21 L | ₹2,614.33 |
| Manikantan T | Insider | 15 May 2025 | sell | −2.0 K | ₹51.92 L | ₹2,595.75 |
| Nitin sathawane | Insider | 13 May 2025 | buy | +2.9 K | ₹18.61 L | ₹650.00 |
| Nitin Rakesh | Insider | 13 May 2025 | buy | +66.8 K | ₹3.34 Cr | ₹500.00 |
| Pavan Kumar Goyal | Insider | 12 May 2025 | sell | −4.7 K | ₹1.17 Cr | ₹2,495.00 |
| UDAYABHANU TANGALAMUDI | Insider | 20 Mar 2025 | buy | +2.1 K | ₹19.79 L | ₹941.00 |
| ELANGO R | Insider | 17 Mar 2025 | buy | +17.4 K | ₹1.17 Cr | ₹674.81 |
| Anup Sukumar Nair | Insider | 04 Feb 2025 | sell | −6.0 K | ₹1.69 Cr | ₹2,818.46 |
| Shreerekha Vijayalakshmi | Insider | 30 Jan 2025 | buy | +7.3 K | ₹39.39 L | ₹540.00 |
Mphasis dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Mphasis has declared, sequenced by announce and record date.
Mphasis corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Mphasis Ltd: business, sector, key facts.
What Mphasis Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Mphasis Ltd operates in the Technology, listed as NSE: MPHASIS, BSE: 526299.
Mphasis Limited is a global information technology (IT) solutions provider headquartered in Bengaluru, India. The company's core business revolves around delivering a comprehensive suite of IT services to a diverse range of industries worldwide, including the United States, Europe, the Middle East, Africa, and other international markets.
Mphasis's service offerings are extensive and cover a wide spectrum of technological expertise. They provide application development and maintenance, blockchain technology solutions, robust business process outsourcing (BPO), cognitive services leveraging artificial intelligence (AI), cybersecurity solutions, DevOps services, digital transformation strategies, enterprise automation tools, design services, infrastructure management, modernization projects, data analytics, cloud computing solutions, and product engineering. Furthermore, they offer governance, risk, and compliance (GRC) services to ensure clients meet regulatory requirements.
The company operates through five key segments: Banking and Financial Services, Logistics and Transportation, Technology Media and Telecom (TMT), Insurance, and Others. Within the financial services sector, Mphasis serves a variety of sub-industries including asset management, corporate banking, investment banking, mortgage, retail banking, and wealth management and brokerage. Beyond finance, their services extend to insurance, payment processing, financial supply chain management, hospitality, travel and transportation, healthcare, life sciences, oil and gas, hi-tech, communication, energy and utilities, logistics, manufacturing, and the public sector.
Mphasis also offers specialized platforms and protocols under its Mphasis XaaP brand, as well as Salesforce implementation and consulting services. This demonstrates their commitment to providing comprehensive and integrated solutions tailored to meet specific client needs across a multitude of technological landscapes. The company’s long history, dating back to its incorporation in 1992, underlines its experience and established position within the global IT services market.
Questions investors ask about Mphasis Ltd (MPHASIS).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Mphasis Ltd (MPHASIS)?
The current share price of Mphasis Ltd (MPHASIS) is ₹2,309.7. Today, the stock has gained by ₹39.30 (1.73%), trading in a range of ₹2,285.3 to ₹2,347.9. The stock opened at ₹2,295.9 with a trading volume of 5,31,551 shares.
02Is Mphasis Ltd stock a good investment for long-term?
Mphasis Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹44,079.32 crores, P/E ratio of 24.17, ROE of 18.29%, and ROCE of 22.70%. The dividend yield stands at 2.73%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Mphasis Ltd stock?
The 52-week high price of Mphasis Ltd (MPHASIS) is ₹3,037.2, while the 52-week low is ₹2,013. Currently trading at ₹2,309.7, the stock is 29.0% away from its 52-week low and 24.0% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Mphasis Ltd stock at the current price?
Whether to buy Mphasis Ltd stock at ₹2,309.7 depends on multiple factors. The stock is currently trading with a P/E ratio of 24.17 and P/B ratio of 4.27. Today's performance shows a gain of 1.73%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Mphasis Ltd and when is the next dividend?
Mphasis Ltd offers a dividend yield of 2.73%, which means for every ₹100 invested at the current price of ₹2,309.7, you can expect to receive approximately ₹2.73 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Mphasis Ltd?
Mphasis Ltd's key financial metrics include: P/E Ratio: 24.17, P/B Ratio: 4.27, ROE: 18.29%, ROCE: 22.70%, Dividend Yield: 2.73%, EPS: ₹94.22, Book Value: ₹533.51, and Debt-to-Equity: 24.38. The company's market cap stands at ₹44,079.32 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Mphasis Ltd stock performing today in the market?
Mphasis Ltd stock opened at ₹2,295.9 and is currently trading at ₹2,309.7, showing a gain of ₹39.30 (1.73%). The intraday high is ₹2,347.9 and low is ₹2,285.3. The trading volume stands at 5,31,551 shares, indicating moderate market participation today.
08What is the P/E ratio of Mphasis Ltd and what does it indicate?
Mphasis Ltd has a Price-to-Earnings (P/E) ratio of 24.17, which means investors are willing to pay ₹24.17 for every ₹1 of earnings. With an EPS of ₹94.22, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Mphasis Ltd (MPHASIS) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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