Is Mphasis a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Mphasis Ltd is a good quality company .

Is Mphasis undervalued or overvalued?

The key valuation ratios of Mphasis Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Mphasis share price return in the past 10 years?

Mphasis Ltd share price has appreciated 18.9% annually (CAGR) over the past ten years.

Is Mphasis a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Mphasis Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Mphasis Ltd - Stock Valuation and Financial Performance

Name: Mphasis
Brand: Mphasis

BSE: 526299 | NSE: MPHASIS | IT - Software | Mid Cap

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Mphasis Share Price

₹2,298.35 65.10 2.92%
as on 26-Apr'24 16:01

10 Year X-Ray of Mphasis:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	5.6%	11.1%	10.2%	11.5%	13.8%	18.4%	19.1%	17.9%	20%	21.5%	-
Value Creation Index ⓘ	-0.6	-0.2	-0.3	-0.2	0.0	0.4	0.4	0.6	0.8	0.9	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	6,225	5,795	6,081	6,076	6,546	7,731	8,844	9,722	11,961	13,799	13,279
Sales YoY Gr.	-	-6.9%	4.9%	-0.1%	7.7%	18.1%	14.4%	9.9%	23%	15.4%	-
Adj EPS ⓘ	34.8	30.1	29.1	34.3	43.4	56.9	59.3	62.1	74.4	85.2	82.3
YoY Gr.	-	-13.5%	-3.5%	18%	26.7%	31%	4.2%	4.6%	19.8%	14.6%	-
BVPS (₹) ⓘ	583.2	260.3	277.8	291.5	282	279.3	309.4	345.8	363.7	410.4	438.3
Adj Net Profit ⓘ	731	633	611	721	840	1,060	1,106	1,161	1,397	1,605	1,555
Cash Flow from Ops. ⓘ	474	616	731	664	723	950	1,321	1,455	1,716	1,462	-
Debt/CF from Ops. ⓘ	2.7	0.9	0.6	0.4	0.5	0.6	0.4	0.4	0.3	0.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	9.3%	16.1%	16%	15.4%
Adj EPS ⓘ	10.5%	14.4%	12.8%	14.6%
BVPSⓘ	-3.8%	7.8%	9.9%	12.8%
Share Price	18.9%	19.1%	10.5%	28.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	6.1	11.9	10.8	12	14.4	19.8	20	18.8	20.7	21.6	19.4
Op. Profit Mgn % ⓘ	16.7	15	14.8	15.9	16.2	17.1	18.7	18.5	17.7	17.6	18.2
Net Profit Mgn % ⓘ	11.8	10.9	10	11.9	12.8	13.7	12.5	11.9	11.7	11.6	11.7
Debt to Equity ⓘ	0.1	0.1	0.1	0	0.1	0.1	0.1	0.1	0.1	0	0
Working Cap Days ⓘ	298	139	137	140	135	133	128	120	113	113	83
Cash Conv. Cycle ⓘ	-13	3	-1	-1	-1	-8	-13	-5	13	27	34

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 15.99%

Net Profit is growing at healthy rate in last 3 years 12.83%

Return on Equity has declined versus last 3 years average to 19.40%

Sales growth is not so good in last 4 quarters at -3.72%

Latest Financials - Mphasis Ltd.

	Standalone	Consolidated
TTM EPS (₹)	76.5	82.3
TTM Sales (₹ Cr.)	9,093	13,279
BVPS (₹.) ⓘ	281.5	438.3
Reserves (₹ Cr.) ⓘ	5,130	8,095
P/BV ⓘ	8.17	5.24
PE ⓘ	30.04	27.94

From the Market
52 Week Low / High (₹)	1753.00 / 2835.00
All Time Low / High (₹)	1.75 / 3659.75
Market Cap (₹ Cr.)	43,439
Equity (₹ Cr.)	189
Face Value (₹)	10
Industry PE ⓘ	31.5

Management X-Ray of Mphasis:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Mphasis

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Price to Earnings

Enterprise Value to EBIT

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Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Mphasis

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	5,795	6,081	6,076	6,546	7,731	8,844	9,722	11,961	13,798	13,279
Operating Expenses ⓘ	4,925	5,193	5,109	5,487	6,407	7,193	7,919	9,844	11,365	10,857
Manufacturing Costs	96	89	81	69	319	188	191	246	216	183
Material Costs	0	38	4	0	0	0	0	0	0	0
Employee Cost	3,587	3,730	3,710	3,818	4,299	4,923	5,630	7,035	8,076	7,925
Other Costs ⓘ	1,242	1,335	1,314	1,600	1,789	2,083	2,099	2,563	3,073	2,749
Operating Profit ⓘ	870	888	968	1,059	1,324	1,650	1,803	2,118	2,434	2,422
Operating Profit Margin (%)	15.0%	14.6%	15.9%	16.2%	17.1%	18.7%	18.5%	17.7%	17.6%	18.2%
Other Income ⓘ	197	202	240	165	177	178	133	160	162	218
Interest ⓘ	28	24	14	13	17	81	63	74	97	161
Depreciation ⓘ	98	121	79	71	76	232	242	291	325	410
Exceptional Items ⓘ	-3	-55	-15	-13	0	0	0	0	0	0
Profit Before Tax ⓘ	938	890	1,099	1,128	1,407	1,515	1,631	1,913	2,173	2,068
Tax ⓘ	263	258	308	290	334	331	414	482	535	514
Profit After Tax	675	632	792	837	1,073	1,185	1,217	1,431	1,638	1,555
PAT Margin (%)	11.6%	10.4%	13.0%	12.8%	13.9%	13.4%	12.5%	12.0%	11.9%	11.7%
Adjusted EPS (₹)	32.1	30.1	37.6	43.3	57.6	63.5	65.1	76.2	86.9	82.3
Dividend Payout Ratio (%)	50%	67%	45%	46%	47%	55%	100%	60%	58%	67%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	5,469	5,838	6,133	5,450	5,201	5,771	6,468	6,832	7,731	8,541
Share Capital ⓘ	210	210	210	193	186	187	187	188	188	189
Reserves ⓘ	5,259	5,628	5,923	5,257	5,014	5,585	6,281	6,644	7,543	8,352
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	434	311	260	390	543	571	513	527	198	1,544
Long Term Debt	309	179	0	0	0	0	0	0	0	0
Short Term Debt	125	133	260	390	543	571	513	527	198	1,544
Trade Payables	406	448	388	502	785	667	596	850	864	798
Others Liabilities ⓘ	1,024	386	474	537	762	1,528	1,695	2,386	2,574	2,961
Total Liabilities ⓘ	7,334	6,983	7,255	6,880	7,290	8,538	9,273	10,595	11,367	13,845
Fixed Assets
Gross Block	3,184	1,716	2,108	2,132	2,494	3,581	3,744	4,742	5,207	7,044
Accumulated Depreciation	850	119	187	248	324	568	725	968	1,148	1,511
Net Fixed Assetsⓘ	2,334	1,597	1,921	1,884	2,170	3,013	3,020	3,774	4,060	5,533
CWIP ⓘ	20	56	1	2	3	17	3	11	32	61
Investmentsⓘ	1,443	2,122	2,396	1,782	1,329	1,326	1,846	1,813	1,753	3,090
Inventories	0	4	0	0	0	0	0	0	0	0
Trade Receivables	625	649	628	812	955	835	929	2,227	2,521	2,426
Cash Equivalents	1,321	857	614	707	642	1,126	1,062	949	1,053	814
Others Assetsⓘ	1,591	1,698	1,695	1,693	2,191	2,221	2,412	1,821	1,948	1,921
Total Assets ⓘ	7,334	6,983	7,255	6,880	7,290	8,538	9,273	10,595	11,367	13,845

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	616	731	664	723	950	1,321	1,455	1,716	1,462	2,180
PBT ⓘ	941	945	1,114	1,141	1,407	1,515	1,631	1,913	2,173	2,068
Adjustment ⓘ	-22	-21	-54	11	27	159	214	322	459	299
Changes in Working Capital ⓘ	-20	52	-105	-150	-142	42	-45	-150	-578	403
Tax Paid ⓘ	-277	-234	-290	-278	-343	-396	-345	-369	-593	-590
Cash Flow From Investing Activity ⓘ	-366	-158	268	493	289	141	-822	-282	182	-2,482
Capex	-57	-122	-115	-31	-81	-124	-125	-119	-111	-92
Net Investments	-343	-103	337	506	340	244	-716	-195	265	-1,190
Others ⓘ	34	67	46	18	30	21	20	32	29	-1,200
Cash Flow From Financing Activityⓘ	-186	-568	-710	-1,380	-1,342	-825	-861	-1,389	-1,440	77
Net Proceeds from Shares ⓘ	0	0	0	3	10	15	27	44	27	30
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-22	-18	-7	-10	-16	-78	-13	-28	-49	-83
Dividend Paid ⓘ	-172	-404	-505	-395	-465	-607	-653	-1,218	-865	-943
Others ⓘ	8	-146	-198	-978	-870	-155	-223	-188	-553	1,073
Net Cash Flow ⓘ	64	5	222	-164	-103	637	-229	45	204	-225

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	12.76	11.17	13.22	14.46	20.16	21.6	19.88	21.52	22.49	19.11
ROCE (%)	16.49	14.78	17.49	18.57	24.43	26.19	25.21	27.39	29.1	24.14
Asset Turnover Ratio	0.81	0.85	0.85	0.93	1.09	1.12	1.09	1.2	1.26	1.05
PAT to CFO Conversion(x)	0.91	1.16	0.84	0.86	0.89	1.11	1.2	1.2	0.89	1.4
Working Capital Days
Receivable Days	44	38	38	40	42	37	33	48	63	68
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	0	4,096	0	0	0	0	0	0	0	0

Mphasis Ltd Stock News

Mphasis Ltd FAQs

What is the share price of Mphasis?

Company share prices are keep on changing according to the market conditions. The closing price of Mphasis on 26-Apr-2024 16:01 is ₹2,298.4.

What is the market cap of Mphasis?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 26-Apr-2024 16:01 the market cap of Mphasis stood at ₹43,438.9.

What is the P/E ratio of Mphasis?

The latest P/E ratio of Mphasis as of 26-Apr-2024 16:01 is 30.04.

What is the P/B ratio of Mphasis?

The latest P/B ratio of Mphasis as of 26-Apr-2024 16:01 is 8.17.

What is the 52-week high and low of Mphasis?

The 52-week high of Mphasis is ₹2,835 and the 52-week low is ₹1,753.

What is the TTM revenue of Mphasis?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mphasis is ₹9,093 ( Cr.) .

About Mphasis Ltd

Incorporated in 1992, Mphasis serves marquee customers across the globe including many top global banks, various mortgage lenders, and many top global insurance companies. Blackstone Private Equity (NYSE:BX), the world's largest private equity firm acquired Hewlett Packard Enterprise's (NYSE: HPE) stake (60.5%) in Mphasis. This deal represents the largest technology investment as well as largest acquisition by Blackstone in India.

Mphasis' core reference architectures & tools, combined with strong domain expertise in banking, financial services and insurance verticals and deep relationship with marquee global customers has enabled delivery of growth above industry average in Direct International segment. Mphasis' experienced management team, board of directors and long-term commitment from company’s largest customer, HPE aid positive economic impact and long-term value for investors.

Mphasis applies next-generation technology to help enterprises transform businesses globally. Customer centricity is foundational to Mphasis and is reflected in the Mphasis’ Front2Back Transformation approach. Front2Back uses the exponential power of cloud and cognitive to provide hyper-personalized (C=X2C2TM=1) digital experience to clients and their end customers. Mphasis’ Service Transformation approach helps ‘shrink the core’ through the application of digital technologies across legacy environments within an enterprise, enabling businesses to stay ahead in a changing world. Mphasis’ core reference architectures and tools, speed and innovation with domain expertise and specialization are key to building strong relationships with marquee clients.

Business area of the company

Mphasis is a global service provider, delivering technology based solutions across many sectors.

Services offered by the company

Application Services
Blockchain
Business Process Services
Cloud
Cognitive
Cyber Security
Devops
Digital
Governance, Risk & Compliance
Product Engineering
Infrastructure Services
Enterprise Automation

Awards

2014

Mphasis recognized as leader on the 2014 IAOP global outsourcing 100 list.
Mphasis wins Silver medal in the APAC Large Outsourced Contact Center Category.

2015

Mphasis has been ranked Number 29 of 100 largest financial technology vendors.
Mphasis recognized in 2015 Innovation and Excellence Awards for Global Technology.

2016

Mphasis CEO, named 'CEO of the Year' - Gold Winner by One Planet Awards.
Mphasis Next labs awarded 2nd Runner Up under Clouds Solution category.
Mphasis CEO named as CEO of the year at CEO Connection's 2016 Mid-Market Award.
Mphasis ranked 2 in Silicon Review's Top 30.

2017

Mphasis' Deep Insights wins AIconics Best Application of AI.
Mphasis Named Major Contender and Star Performer in Everest Group 2017 PEAK Matrix Report.
Mphasis wins the 'Imagination' Category at the 2017 ISG Paragon.
Mphasis' Eldorado wins Bronze STEVIE Award for 'Company of The Year; in 2017.

2018

Mphasis' Deep Insights Named a Winner under the 'Artificial Intelligence' category.
Mphasis CEO Nitin Rakesh wins Gold STEVIE Award for 'Executive of the year'.
Mphasis Veda Iyer wins CMO Asia's 'Women Leadership in Industry' Award.
CEO Nitin Rakesh honored as Gold winner in the Annual 2018 CEO World Award.
Mphasis CEO Nitin Rakesh wins the '2018 Outstanding 50 Asian Americans' Award.
Debashis Singh, Chief Information Officer recognized as Digital Leader by Data Quest Digital Leader 2018 Awards.

2019

Mphasis listed in Indeed's ‘Top-Rated Workplaces 2019 - Tech in India’.
Mphasis wins ISG Paragon Awards Americas in Impact Category, 2019.
Mphasis CEO Nitin Rakesh included in Exhibit Magazine’s ‘Top 100 Tech Leaders’.
Nitin has been awarded a Gold Stevie for Tech Innovator of the Year - Services.
Veda Iyer, CMO & Head Sales, APAC, recognized amongst 'India's Top 100 Women in Finance' for 2019 by AIWMI
Mphasis and the National Centre for Promotion of Employment for Disabled People (NCPEDP) win the Zero Project 2019 Award.
Mphasis one amongst Bangalore’s top 50 Hot Brands 2019 organized by Paul Writer.

2020

Mphasis wins Brandon Hall Group Gold award 2020, for Excellence in the Talent Acquisition category.
Nitin Rakesh, CEO, Mphasis, wins 2020 ISG Paragon Awards APAC in ‘Leadership’ category
Dr. Damini Gupta, AVP & Lead, AI & Fintech, wins in ‘Woman in Technology’ category.
Mphasis Ranks Among the Top 50 of UK's Fastest Growing Indian Companies.
Mphasis Digital Risk bags the esteemed 2020 HW Tech 100 Mortgage Winner Award.
Mphasis CFO, V. Suryanarayanan recognized with The CFO India’s ‘League of Excellence 2020’ awards.
Mphasis wins the Rotary Karnataka CSR Award 2020.
Nitin Rakesh, one of the first 250 CEO signatories of The Valuable 500.
Mphasis is Great Place to Work- Certified company.
Veda Iyer, Global CMO and Head Sales - APAC, Mphasis wins in the 'Women in Tech: Leader/Innovator/Disruptor of the year' category.

Milestones

1998- Mphasis begins as high end technology architecting firm.
2004- Mphasis acquired Kshema Technologies & Onida Info Tech Exceeds $100MM in revenue.
2006- Acquired Princeton Consulting & Eldorado Computing EDS acquires 62% stake in Mphasis.
2008- HP acquires EDS and Mphasis
2009- Mphasis acquired AIG Software Solutions EDS re-branded to become HP Enterprise
2010- Mphasis global expansion - Sri Lanka, Australia & Poland Mphasis acquired Fortify IS
2010- Mphasis reaches $1billion in revenues
2011- Mphasis acquires WYDE
2013- Mphasis acquires Digital Risk LLC
2015- Launch of NextAngles - automation led compliance product. Launch of NEXT Labs solution - HyperGraf & InfraGraf
2016- Launch of DeepInsights Machine Learning platform
2016- Blackstone acquires 61% stake in Mphasis from HPE
2017- Launch of Front2Back (F2B) Transformation Strategy: C=X2C²TM=1
2018- Mphasis acquires Stelligent Systems LLC
2019- Launch of NEXT Labs Solution Autocode.AI and Optimize.AI
2020- Mphasis enters into partnership with QEDIT
2020- Mphasis has entered into a strategic partnership with US-based fintech startup Upswot.