Mphasis Ltd
Mphasis a global Information Technology (IT) solutions provider specializing in providing cloud and cognitive services, applies next-generation technology to help enterprises transform businesses globally.(Source : 202003 Annual Report Page No:36)
- Market Cap ₹ 54,564 Cr.
- Current Price ₹ 2,884
- High / Low ₹ 3,188 / 2,180
- Stock P/E 36.7
- Book Value ₹ 291
- Dividend Yield 1.91 %
- ROCE 38.0 %
- ROE 26.9 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.2%
- Company has been maintaining a healthy dividend payout of 69.5%
Cons
- Stock is trading at 9.92 times its book value
- Promoter holding has decreased over last 3 years: -15.6%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Large
Part of Nifty Midcap 150 BSE 250 LargeMidCap Index Nifty LargeMidcap 250 Nifty MidSmallcap 400 BSE 400 MidSmallCap Index
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Oct 2013 | Mar 2014 5m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,321 | 1,329 | 3,026 | 2,924 | 3,019 | 3,275 | 3,434 | 4,347 | 5,561 | 7,390 | 9,425 | 9,093 | 9,151 | |
2,629 | 1,039 | 2,418 | 2,397 | 2,345 | 2,416 | 2,535 | 3,067 | 4,002 | 5,684 | 7,412 | 6,931 | 7,016 | |
Operating Profit | 692 | 290 | 609 | 526 | 673 | 859 | 899 | 1,281 | 1,559 | 1,705 | 2,013 | 2,162 | 2,135 |
OPM % | 21% | 22% | 20% | 18% | 22% | 26% | 26% | 29% | 28% | 23% | 21% | 24% | 23% |
124 | 38 | 162 | 116 | 182 | 109 | 119 | 323 | 89 | 123 | 118 | 135 | 164 | |
Interest | 13 | 0 | 6 | 6 | 2 | 5 | 7 | 63 | 52 | 59 | 74 | 66 | 71 |
Depreciation | 80 | 19 | 33 | 29 | 26 | 32 | 38 | 153 | 151 | 149 | 176 | 193 | 195 |
Profit before tax | 723 | 307 | 732 | 607 | 826 | 930 | 973 | 1,388 | 1,446 | 1,620 | 1,882 | 2,038 | 2,033 |
Tax % | 25% | 27% | 24% | 25% | 24% | 20% | 21% | 13% | 23% | 24% | 25% | 29% | |
540 | 223 | 553 | 457 | 625 | 740 | 769 | 1,205 | 1,110 | 1,235 | 1,414 | 1,446 | 1,487 | |
EPS in Rs | 25.67 | 10.62 | 26.32 | 21.75 | 29.70 | 38.28 | 41.32 | 64.60 | 59.36 | 65.77 | 75.05 | 76.52 | 78.66 |
Dividend Payout % | 66% | 66% | 61% | 92% | 57% | 52% | 65% | 54% | 110% | 70% | 67% | 72% |
Compounded Sales Growth | |
---|---|
10 Years: | 21% |
5 Years: | 22% |
3 Years: | 18% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 13% |
3 Years: | 9% |
TTM: | 0% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 28% |
3 Years: | -4% |
1 Year: | 24% |
Return on Equity | |
---|---|
10 Years: | 22% |
5 Years: | 29% |
3 Years: | 28% |
Last Year: | 27% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Oct 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 210 | 210 | 210 | 210 | 210 | 193 | 186 | 187 | 187 | 188 | 188 | 189 | 189 |
Reserves | 3,507 | 3,645 | 3,839 | 4,294 | 4,485 | 3,714 | 3,077 | 3,491 | 4,123 | 4,260 | 4,820 | 5,532 | 5,311 |
0 | 0 | 125 | 133 | 0 | 130 | 238 | 330 | 267 | 435 | 214 | 115 | 868 | |
1,234 | 835 | 1,003 | 693 | 680 | 629 | 776 | 1,505 | 1,367 | 2,036 | 2,012 | 1,787 | 1,285 | |
Total Liabilities | 4,951 | 4,690 | 5,178 | 5,329 | 5,375 | 4,666 | 4,278 | 5,512 | 5,944 | 6,919 | 7,234 | 7,624 | 7,654 |
70 | 76 | 64 | 49 | 78 | 64 | 98 | 634 | 596 | 583 | 675 | 682 | 678 | |
CWIP | 4 | 0 | 1 | 1 | 0 | 2 | 3 | 7 | 1 | 0 | 4 | 14 | 0 |
Investments | 2,970 | 2,695 | 2,296 | 2,930 | 3,013 | 2,525 | 2,085 | 1,816 | 2,380 | 2,295 | 2,094 | 3,249 | 3,138 |
1,907 | 1,919 | 2,816 | 2,349 | 2,284 | 2,074 | 2,092 | 3,054 | 2,968 | 4,041 | 4,462 | 3,679 | 3,837 | |
Total Assets | 4,951 | 4,690 | 5,178 | 5,329 | 5,375 | 4,666 | 4,278 | 5,512 | 5,944 | 6,919 | 7,234 | 7,624 | 7,654 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Oct 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
763 | 97 | 338 | 384 | 400 | 766 | 846 | 943 | 1,290 | 1,163 | 1,082 | 1,932 | |
-5 | 299 | -265 | -37 | 360 | 552 | 454 | 432 | -740 | -15 | 322 | -974 | |
-717 | -418 | -54 | -404 | -640 | -1,372 | -1,354 | -770 | -807 | -1,152 | -1,254 | -1,185 | |
Net Cash Flow | 41 | -22 | 20 | -58 | 120 | -54 | -54 | 605 | -257 | -3 | 150 | -226 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Oct 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 59 | 138 | 58 | 63 | 86 | 62 | 53 | 65 | 39 | 85 | 75 | 71 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 59 | 138 | 58 | 63 | 86 | 62 | 53 | 65 | 39 | 85 | 75 | 71 |
Working Capital Days | -22 | 53 | 7 | 64 | 85 | 62 | 57 | 51 | 50 | 55 | 59 | 46 |
ROCE % | 19% | 8% | 18% | 14% | 18% | 22% | 26% | 39% | 35% | 35% | 39% | 38% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
1d - Resignation of Company Secretary Subramanian Narayan.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
2d - Mphasis partners with MoneyGram Haas F1 Team for technology collaboration.
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
2d - Grant of 40000 Stock Options and 20000 Restricted Stock Units dated 20 November 2024.
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
2d - Exercise of 105460 stock options and 60786 Restricted Stock Units
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
2d - Exercise of 105460 stock options and 60786 Restricted Stock Units
Annual reports
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Financial Year 2024
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Concalls
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Oct 2024TranscriptNotesPPT
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History[1]
In June 2006, Electronic Data Systems Corporation acquired Mphasis, and later Electronic Data Systems Corporation (EDS) was acquired by Hewlett-Packard (HP), resulting in Mphasis becoming a 60.47% subsidiary of HP. However, in September 2016, global private equity major Blackstone Group acquired HP’s stake and they continue to be the promoters of the company.