MphasiS share price
NSE: MPHASISBSE: 526299IT - SoftwareMid Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹2,557.60.
27 Oct: open ₹2,533.90, high ₹2,618.40, low ₹2,498.70
- Next results date: the board meets on 5 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹49,998 Cr206th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 26.17
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 4.65
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.37%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 18.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 19.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.17
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 4,75,32061.4% delivered
About MphasiS
Mphasis Limited is an information technology (IT) services company that helps enterprises around the world modernise their systems and use artificial intelligence (AI) in their business.12 Its services cover building, maintaining and testing software for clients, running business processes such as customer service and transaction processing, and managing IT infrastructure such as data centres and help desks.3 It is based in Bengaluru.2
It reports its results by industry segment: Banking and Financial Services, Insurance, Technology Media and Telecom, Logistics and Transportation, and Others.4 It sells 2 product lines, both on its AI platform Mphasis Tria: Mphasis Modernize, which rebuilds the core of enterprise software, and Mphasis Optimize, which improves decisions on revenue, demand and inventory.56 Including its subsidiaries, it has 15 offices in India and 30 abroad, in countries including the United States, the United Kingdom, Canada, Mexico and China.78 It had 43 subsidiaries at 31 Mar 2026, 39 of them outside India.9
It was incorporated in 1992, and the present company was formed in June 2000 through a merger.101 Blackstone Group, through its fund Marble II PTE, completed a purchase of its shares in September 2016, and it has been a Blackstone group company since.1 Its promoter, BCP Topco IX Pte. Ltd, held 30.55% of its shares at 31 Mar 2026, against 40.14% a year earlier.11
MphasiS key points
Results
- In the year to Mar 2026, consolidated revenue from operations was ₹158,796 million, up 11.6% from ₹142,300 million, and profit for the year was ₹18,626 million, against ₹17,021 million.1213
- Operating profit (before other income, interest and tax) rose 11.9% to ₹24,281 million in the year, a margin of 15.3%, unchanged. Profit included a one-off ₹355 million charge for changes in labour laws.1415
- In the quarter to Jun 2026, gross revenue was $471 million, up 2.1% from the previous quarter and 8.3% from a year earlier in constant currency (at fixed exchange rates).1617
- The quarter's operating margin was 14.8%, against 15.4% in the quarter to Mar 2026 and 15.3% a year earlier; earnings per share fell 4% from the previous quarter to ₹25.6.1819
Business segments
- In the year to Mar 2026, Banking and Financial Services brought in ₹83,786 million of revenue, up 21.3% on a reported basis, and Technology Media and Telecom ₹28,696 million, against ₹23,939 million.2021
- Banking and Financial Services and Insurance together made up 67.0% of revenue in the year to Mar 2026.22
- Logistics and Transportation's segment result (revenue less its own costs) fell to ₹672.71 million in the year to Mar 2026, from ₹6,108.47 million. On its call of 24 Jul 2026, the company said the unit is now smaller, so small changes drive high percentage swings.2324
Revenue mix
- Share of gross revenue by service25
Item year to Mar 2026 year to Mar 2025 Application services 75% 72% Business process services 14% 16% Infrastructure services 11% 12% - In the year to Mar 2026, direct revenue, which the company reports apart from its DXC business, grew 14.7%, or 8.7% in constant currency, to ₹156,656 million; revenue from DXC fell 14.8% to ₹3,186 million, 2.0% of gross revenue.26
- Fixed-price contracts (a set fee for agreed work) made up about 44.3% of revenue in the year to Mar 2026, and their revenue grew 56.1%.27
Where revenue comes from
- Share of gross revenue by client region28
Item year to Mar 2026 year to Mar 2025 Americas 84% 81% Europe, Middle East and Africa 9% 10% India 5% – Rest of the world 2% – - Revenue from the Americas grew 15.6% in the year to Mar 2026 on a reported basis; in the quarter to Jun 2026, direct revenue there grew 11.4% from a year earlier.2930
Deals and pipeline
- New deals signed in the quarter to Jun 2026 had a total contract value (TCV, a deal's full value over its life) of $461 million, the fifth quarter in a row above $400 million; 63% was AI-led.3132
- TCV over the 12 months to Jun 2026 was more than $1.8 billion; the quarter brought 3 deals the company calls large, 1 of them worth over $100 million.33
- In the quarter to Jun 2026, the pipeline (deals under discussion) grew 8% from the previous quarter and 28% from a year earlier; AI-led deals made up 70% of it.3435
Customers and partners
- In the year to Mar 2026, 1 customer group accounted for more than 10% of revenue, as in the year before.36
- Mphasis's direct revenue from its 10 largest clients, ranked by revenue over the trailing year, grew 11.1% over the year to Jun 2026, and from clients ranked 11 to 30 by 21.0%, in constant currency.37
What the company expects
- On its earnings call of 24 Jul 2026, the company said it expects revenue growth of high single digits to low double digits in constant currency in the year to Mar 2027, with an operating margin in its target band of 14.75% to 15.75%.3839
- In its presentation of 24 Jul 2026, the company said it expects the quarter to Sep 2026 to bring its highest growth over a previous quarter, in constant currency, in the last 3 years; the company's documents give no outcome.40
Recent events
- On 2 Sep 2026 Mphasis agreed with TechnoPro Holdings, a Japanese engineering staffing and IT services group, that TechnoPro is to offer its Mphasis Modernize and Mphasis Optimize product lines in Japan.41
- On 29 Apr 2026 the Board proposed a final dividend of ₹62 a share for the year to Mar 2026, subject to shareholders' approval at the annual general meeting.42
- On 21 Apr 2026 Mphasis bought all of Theory and Practice Business Intelligence (TAP), a Vancouver company whose Continuum AI platform combines AI with behavioural economics to improve business decisions, for CAD 10 million upfront and up to CAD 20 million tied to milestones.4344
- On 16 Jan 2026 Mphasis bought the remaining 49% of Mrald Limited, a UK provider of operational support to insurance intermediaries and reinsurers, from its joint-venture partner Ardonagh Services Limited, making Mrald a wholly owned subsidiary.45
Last updated
All 45 sources, each with its page
- 1. Annual report, 2 Jul 2026, page 118
- 2. Annual report, 2 Jul 2026, page 139
- 3. Annual report, 2 Jul 2026, page 120
- 4. Annual report, 2 Jul 2026, page 181
- 5. Annual report, 2 Jul 2026, page 24
- 6. Earnings call, 24 Jul 2026, page 4
- 7. Annual report, 2 Jul 2026, page 268
- 8. Annual report, 2 Jul 2026, page 269
- 9. Annual report, 2 Jul 2026, page 48
- 10. Annual report, 2 Jul 2026, page 268
- 11. Annual report, 2 Jul 2026, page 165
- 12. Annual report, 2 Jul 2026, page 46
- 13. Annual report, 2 Jul 2026, page 119
- 14. Annual report, 2 Jul 2026, page 121
- 15. Annual report, 2 Jul 2026, page 121
- 16. Earnings call, 24 Jul 2026, page 6
- 17. Investor presentation, 24 Jul 2026, page 13
- 18. Investor presentation, 24 Jul 2026, page 13
- 19. Earnings call, 24 Jul 2026, page 7
- 20. Annual report, 2 Jul 2026, page 120
- 21. Annual report, 2 Jul 2026, page 119
- 22. Annual report, 2 Jul 2026, page 119
- 23. Annual report, 2 Jul 2026, page 182
- 24. Earnings call, 24 Jul 2026, page 11
- 25. Annual report, 2 Jul 2026, page 120
- 26. Annual report, 2 Jul 2026, page 119
- 27. Annual report, 2 Jul 2026, page 121
- 28. Annual report, 2 Jul 2026, page 120
- 29. Annual report, 2 Jul 2026, page 120
- 30. Earnings call, 24 Jul 2026, page 6
- 31. Earnings call, 24 Jul 2026, page 5
- 32. Earnings call, 24 Jul 2026, page 6
- 33. Earnings call, 24 Jul 2026, page 6
- 34. Earnings call, 24 Jul 2026, page 6
- 35. Earnings call, 24 Jul 2026, page 5
- 36. Annual report, 2 Jul 2026, page 182
- 37. Investor presentation, 24 Jul 2026, page 12
- 38. Investor presentation, 24 Jul 2026, page 6
- 39. Earnings call, 24 Jul 2026, page 5
- 40. Investor presentation, 24 Jul 2026, page 6
- 41. Exchange filing, 2 Sep 2026, page 2
- 42. Annual report, 2 Jul 2026, page 193
- 43. Exchange filing, 21 Apr 2026, page 2
- 44. Exchange filing, 21 Apr 2026, page 1
- 45. Annual report, 2 Jul 2026, page 48
Results
Consolidated; ₹ crore.MphasiS quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +13.7%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +9.8%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹4,384 Crup 3.33%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹490 Crdown 3.95%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 11.2%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,536 | 3,561 | 3,710 | 3,732 | 3,902 | 4,003 | 4,243 | 4,384 |
| Net profit | 423 | 428 | 446 | 442 | 469 | 442 | 510 | 490 |
| Net margin | 12.0% | 12.0% | 12.0% | 11.8% | 12.0% | 11.0% | 12.0% | 11.2% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹15,880 Crup 11.59%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,863 Crup 9.43%
- Net margin
- 11.7%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,076 | 6,546 | 7,731 | 8,844 | 9,722 | 11,961 | 13,798 | 13,279 | 14,230 | 15,880 |
| Net profit | 792 | 837 | 1,073 | 1,185 | 1,217 | 1,431 | 1,638 | 1,555 | 1,702 | 1,863 |
| Net margin | 13.0% | 12.8% | 13.9% | 13.4% | 12.5% | 12.0% | 11.9% | 11.7% | 12.0% | 11.7% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Banking and Financial ServicesBanking and Financial Services, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹8,379 Crup 21.27%52.3%
- Technology Media and TelecomTechnology Media and Telecom, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹2,870 Crup 19.87%17.9%
- InsuranceInsurance, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹2,344 Crup 44.47%14.6%
- Logistics and TransportationLogistics and Transportation, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹872 Crdown 50.79%5.4%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,546 Crup 1.28%9.7%
Valuation
Today, against the company's own history.MphasiS PE ratio and valuation
At or below today's level on 60% of 2,478 trading days over the last 10 years.
At or below today's level on 37% of 1,988 trading days since Oct 2018.
At or below today's level on 59% of 2,417 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −14.9% | +8.8% | −24.6% | 3.0% |
| 3 years | +7.1% | +4.0% | +0.6% | 2.5% |
| 5 years | +5.3% | +8.5% | −5.1% | 2.3% |
Mutual fund holdings
250 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 110 of the 142 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.All 250 funds holding MphasiS
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 3
- AddedAdded. Funds that held more shares than at the end of the month before.
- 71
- CutCut. Funds that held fewer shares than at the end of the month before.
- 71
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 101
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 11
| Fund | |||
|---|---|---|---|
| 79,39,467 | 2.57% | ₹1,710.5 Cr | |
| 73,31,099 | 1.55% | ₹1,579.4 Cr | |
| 37,57,514 | 4.72% | ₹809.5 Cr | |
| 25,49,820 | 4.39% | ₹549.3 Cr | |
| 22,00,000 | 1.55% | ₹474.0 Cr | |
| 15,37,999 | 1.16% | ₹331.3 Cr | |
| 14,52,146 | 1.61% | ₹312.9 Cr | |
| 13,98,685 | 0.53% | ₹301.3 Cr | |
| 13,05,603 | 0.27% | ₹281.3 Cr | |
| 11,75,647 | 0.50% | ₹253.3 Cr |
Promoter and insider buying and selling
Trades made since 28 Oct 2025.MphasiS insider trading
- Promoters and promoter group0 purchases, 1 saleNo purchase₹4,726 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹4,726 Cr1 pledge filing of unclear kind
- Others: no market trade · 2 pledge filings of unclear kind
MphasiS competitors and peers
Computers - Software & Consulting, 98 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to MphasiS in market cap.IT companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1,77,546 | 32.18 | 5.98 | +13.6% | +23.7% | 19.3% | 26.7% | 2.82% | |
| 1,20,419 | 23.04 | 4.65 | +14.7% | +7.4% | 21.2% | 27.3% | 1.92% | |
| 92,008 | 51.02 | 10.71 | +27.1% | +8.3% | 22.9% | 27.2% | 0.69% | |
| 88,475 | 45.14 | 3.96 | +41.2% | +68.0% | 13.4% | 10.7% | 0.60% | |
| 34,788 | 25.89 | 5.18 | – | – | 21.5% | 26.4% | 3.16% | |
| 23,199 | 34.62 | 7.96 | +10.0% | −0.1% | 23.9% | 28.2% | 2.01% | |
| 14,582 | 25.03 | 4.12 | +9.6% | −27.8% | 18.1% | 22.7% | 1.41% | |
| 13,132 | – | 4.12 | – | – | – | – | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.MphasiS dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 8 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹62.00 |
| 9 Jul 2025 | Final | ₹57.00 |
| 10 Jul 2024 | Final | ₹55.00 |
| 5 Jul 2023 | Final | ₹50.00 |
| 5 Jul 2022 | Final | ₹46.00 |
| 13 Sep 2021 | Final | ₹38.00 |
Latest announcements
Routine notices left out.MphasiS announcements
Oct 2026
10 Oct · Disclosure
9 Oct · Analysts
8 Oct · Disclosure
MphasiS share price by year
Each calendar year to 2025.MphasiS share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,791.20 | −2.0% | 3,009.30 | 2,102.20 |
| 2024 | 2,847.20 | +3.9% | 3,197.30 | 2,229.30 |
| 2023 | 2,739.75 | +38.9% | 2,739.75 | 1,669.10 |
| 2022 | 1,972.80 | −41.9% | 3,429.00 | 1,899.65 |
| 2021 | 3,396.70 | +120.6% | 3,546.45 | 1,519.35 |
| 2020 | 1,539.95 | +67.0% | 1,590.40 | 641.40 |
| 2019 | 922.25 | −9.4% | 1,053.75 | 833.80 |
| 2018 | 1,018.45 | +40.4% | 1,268.85 | 710.00 |
| 2017 | 725.65 | +28.4% | 751.60 | 519.70 |
| 2016 | 565.25 | +13.6% | 594.85 | 415.75 |
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 2,435.00 | 2,563.30 | 2,435.00 | 2,557.60 | 2,523.61 | 5,23,609 | 60.2% |
| 23 Oct 2026 | 2,545.00 | 2,585.60 | 2,470.10 | 2,480.00 | 2,504.38 | 10,86,489 | 49.9% |
| 22 Oct 2026 | 2,587.80 | 2,601.40 | 2,499.50 | 2,499.50 | 2,536.32 | 5,80,874 | 46.6% |
| 21 Oct 2026 | 2,500.00 | 2,580.00 | 2,491.00 | 2,575.00 | 2,556.15 | 12,24,495 | 50.1% |
| 19 Oct 2026 | 2,515.80 | 2,515.80 | 2,453.00 | 2,500.00 | 2,490.24 | 7,65,440 | 59.0% |
| 16 Oct 2026 | 2,465.70 | 2,521.70 | 2,455.10 | 2,500.00 | 2,495.85 | 12,82,732 | 64.7% |
| 15 Oct 2026 | 2,460.00 | 2,485.20 | 2,424.30 | 2,453.20 | 2,453.73 | 6,83,418 | 55.9% |
| 14 Oct 2026 | 2,466.30 | 2,512.70 | 2,420.00 | 2,435.30 | 2,459.73 | 4,92,448 | 46.5% |
| 13 Oct 2026 | 2,377.00 | 2,467.40 | 2,377.00 | 2,466.30 | 2,440.65 | 11,04,056 | 35.3% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Buyback history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 25 Feb 2011 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company's board met on results that day or since the trading day before. Not adjusted for. |
Company details
- NSE symbol
- MPHASIS
- BSE code
- 526299
- ISIN
- INE356A01018
- Industry
- IT - Software
- Former symbols
- MPHASISBFL, BFLSOFTWAR
- Website
- www.mphasis.com
- CIN
- L30007KA1992PLC025294
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1992
- Registered office
- Bagmane World Technology Center,, Marathalli Outer Ring Road,, Doddanakundhi Village,, Mahadevapura, Bengaluru 560048, Karnataka
- Share registrar
- Integrated Registry Management Services Pvt. Ltd (Integrated Enterprises (India) Ltd)
- Keeps the register of shareholders and handles transfers and dividend payments