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Earnings Call

Mphasis Earnings Call: Key Takeaways

Mphasis FY26 revenue grew 6.7% YoY to $1.8Bn with a 15.3% operating margin. Strategy focuses on AI-led engineering through the NeoIP suite and TAP acquisition.

Why this was an Alfa AlertRevenue growth beat: Guided for 'better than industry' growth (~3-4%) but delivered >2x industry growth (6.7% reported, 7.1% CC), exceeding guided expectations by over 50%.
Highlights
Revenue growth6.7% FY26 growth; 7.1% Q4 YoY CC growth.
MarginsStable; FY26 margin at 15.3% within target band.
Order bookFY26 Net New TCV of $2,123 Mn.
Demand visibilityStrong; highest ever pipeline with 69% AI-led deals.
Management confidenceHigh; citing 'strong exit' and record TCV momentum.

Growth

FY26 Net New TCV at $2.1Bn+ (68% growth YoY). Q4FY26 revenue up 7.1% YoY (CC) with Direct business growing 9.2%.

Outlook

FY27 guidance: high-single to low double-digit growth; operating margins targeted between 14.75%-15.75%.

Risks

Macro environment uncertainty, project ends in TMT segment, and currency fluctuations as cited in Safe Harbor.

Source

Earnings Call filed with BSE, NSE: MPHASIS. Summary written with AI assistance from the document.

Read the document ↗

Mphasis Ltd: key numbers

Share price
₹2,234.00
Market cap
₹42,463 Cr
Revenue (annual)
₹15,880 Cr
Net profit (annual)
₹1,863 Cr
P/E (TTM)
22.2×Sector 22.1×
Promoter holding
30.54%-0.01% QoQ
FII holding
19.50%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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