| Revenue growth | FY24 Revenue dropped 3.7% YoY, 6.5% decline in constant currency. |
|---|---|
| Margins | Company focused on maintaining sustainable margins through aggressive cost optimization. |
| Order book | FY24 new TCV wins reached $1.38 billion. |
| Demand visibility | Clients cautious but investing in GenAI blueprints and cloud platforms. |
| Management confidence | Balanced; focused on AI-led transformation despite current macro-economic headwinds. |
Growth
FY24 revenue dropped 3.7% YoY to $1.38B TCV; however, deals with non-top 10 clients surged by 73%.
Outlook
Targeting 1 million mangroves by 2027; maintains focus on maintaining sustainable margins through 'MphasiS.ai' business unit.
Risks
Sluggish client spending and high interest rates present continued headwinds; recent promoter shareholding reduction to 40.3% creates market volatility.
Last quarter's promises, checked
Partly delivered
- Targeted 14.75%-15.75% EBIT margin → Management focused on sustainable margins amid 60bps drop (= PARTIAL)
Missed
- Guided FY27 CC growth high single to low double-digit → Delivered FY24 -6.5% CC (= MISS)
- Guided TCV wins above $400M/quarter → Delivered FY24 Avg $345M/quarter (= MISS)
Earnings Call Transcript filed with NSE, NSE: MPHASIS. Summary written with AI assistance from the document.
Mphasis Ltd: key numbers
- Share price
- ₹2,518.00
- Market cap
- ₹47,861 Cr
- Revenue (annual)
- ₹15,880 Cr
- Net profit (annual)
- ₹1,863 Cr
- P/E (TTM)
- 25.1×Sector 23.0×
- Promoter holding
- 30.53%-0.01% QoQ
- FII holding
- 19.39%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Mphasis Ltd
All →Mphasis Other Announcement
Mphasis received SBTi validation of its near-term and net-zero emissions targets. The company targets net-zero GHG by FY 2050 with 66% Scope 1+2 cuts by FY 2036.
Mphasis Legal & Regulatory
Mphasis reported a revised income tax demand of ₹2,417.80 crore following a rectification order, up from the previously disclosed ₹2,286.86 crore.
- Value
- ₹2,418 Cr
Mphasis Other Announcement
Mphasis Ltd has submitted its quarterly shareholding pattern for the quarter ended September 30, 2026, as per SEBI Regulation 31(1)(b) requirements.
Mphasis Employee Stock Options
Mphasis granted 3,25,460 ESOPs at ₹2,300 and 1,63,040 RSUs at ₹10 to employees under 2026 plans. The grant strengthens long-term employee retention and alignment.
Mphasis Capital Structure Change
Kotak Mahindra Mutual Fund sold 1,23,216 shares of Mphasis Ltd, reducing its stake from 7.3015% to 7.237%. This sale was executed via open market.
Mphasis Bags ₹378.8 Cr Order from Social Security Scotland
Mphasis signed a £35.4 million contract with Social Security Scotland to maintain its core benefits platform for 2 million citizens. The engagement extends their public-sector technology partnership.
- Value
- ₹378.8 Cr
- From
- Social Security Scotland