| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 4,384 | 3,732 | +17.5% |
| EBITDA | 796 | 703 | +13.2% |
| EBITDA margin | 18.2% | 18.8% | −0.7 pts |
| Profit before tax | 683 | 610 | +11.9% |
| Net profit | 490 | 442 | +10.8% |
| EPS | ₹25.65 | ₹23.22 | +10.5% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 48,050 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 2,444 | 2,444 | 2,771 | 3,398 | 2,412 | ||
| 1,793 | 1,793 | 1,116 | 1,544 | 198 | ||
| 47,399 | — | — | — | — | ||
| 16,531 | 15,880 | 14,230 | 13,279 | 13,798 | ||
| — | +11.6% | +7.2% | −3.8% | — | ||
| 3,071 | 2,978 | 2,647 | 2,422 | 2,434 | ||
| 18.6% | 18.8% | 18.6% | 18.2% | 17.6% | ||
| 2,500 | 2,423 | 2,171 | 2,011 | 2,109 | ||
| 1,910 | 1,863 | 1,702 | 1,555 | 1,638 | ||
| 11.6% | 11.7% | 12.0% | 11.7% | 11.9% | ||
| ₹100.11 | ₹97.61 | ₹89.20 | ₹81.48 | ₹85.83 | ||
| — | +9.4% | +9.5% | −5.1% | — | ||
| — | 1,253 | 1,905 | 2,180 | 1,462 | ||
| — | −319 | −61.8 | −93.7 | −113 | ||
| 935 | 935 | 1,843 | 2,086 | 1,349 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 48,050.2 | |
| - Cash, Equiv & ST Investments | 2,412.0 | 3,397.7 | 2,770.8 | 2,444.1 | 2,444.1 | |
| + Total Debt | 198.5 | 1,543.6 | 1,115.9 | 1,792.9 | 1,792.9 | |
| Enterprise Value | — | — | — | — | 47,399.0 | |
| Revenue | 13,798.5 | 13,278.5 | 14,230.0 | 15,879.6 | 16,531.2 | |
| Growth %, YoY | — | -3.8 | +7.2 | +11.6 | — | |
| EBITDA | 2,434.0 | 2,421.9 | 2,647.0 | 2,978.2 | 3,070.8 | |
| Margin % | 17.64 | 18.24 | 18.60 | 18.75 | 18.58 | |
| EBIT | 2,108.7 | 2,011.4 | 2,170.6 | 2,422.9 | 2,500.4 | |
| Net Income | 1,637.9 | 1,554.8 | 1,702.1 | 1,862.6 | 1,910.4 | |
| Margin % | 11.87 | 11.71 | 11.96 | 11.73 | 11.56 | |
| EPS, Adj (current shares) | 85.83 | 81.48 | 89.20 | 97.61 | 100.11 | |
| Growth %, YoY | — | -5.1 | +9.5 | +9.4 | — | |
| Cash from Operations | 1,461.8 | 2,179.7 | 1,905.2 | 1,253.3 | — | |
| Capital Expenditures | -113.1 | -93.7 | -61.8 | -318.5 | — | |
| Free Cash Flow | 1,348.6 | 2,086.0 | 1,843.4 | 934.8 | 934.8 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
MphasiS (NSE: MPHASIS) had a market capitalisation of ₹48,890 crore at the 29 October 2026 close (₹2,561.30 a share), a PE ratio of 25.6 on the last four quarters' profit and a price-to-book ratio of 4.55. In FY26 its consolidated net profit was ₹1,863 crore on revenue of ₹15,880 crore; in Q1 FY27 (April–June 2026) it was ₹490 crore, up 10.8% year on year. Its debt-to-equity ratio was 0.17 on 31 March 2026. Promoters held 30.53% of the shares on 30 September 2026.
MphasiS's PE ratio is 25.6 at the 29 October 2026 close (₹2,561.30 a share): a market capitalisation of ₹48,890 crore divided by consolidated net profit of ₹1,910 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹1,863 crore) it is 26.2.
MphasiS's net worth — shareholders' equity in its consolidated balance sheet — was ₹10,744 crore on 31 March 2026, up 11.6% from ₹9,628 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹48,890 crore at the 29 October 2026 close.
MphasiS's book value per share was ₹562.85 on 31 March 2026: shareholders' equity of ₹10,744 crore divided by the 19.09 crore shares in issue, up 11.1% from ₹506.53 a year earlier. The share price at the 29 October 2026 close was ₹2,561.30.
MphasiS's price-to-book (PB) ratio is 4.55 at the 29 October 2026 close: a market capitalisation of ₹48,890 crore divided by shareholders' equity (book value) of ₹10,744 crore on 31 March 2026. That is a book value of ₹562.85 per share against a share price of ₹2,561.30.
In FY26, MphasiS's return on equity (ROE) was 18.3% and its return on capital employed (ROCE) was 21.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 18.5% and ROCE 21.3%.
Promoters held 30.53% of MphasiS on 30 September 2026, down 0.01 percentage points from 30.54% the previous quarter and down 9.57 percentage points from 40.10% a year earlier, according to the shareholding pattern filed with NSE.
MphasiS's market capitalisation was ₹48,890 crore at the 29 October 2026 close: 19.09 crore shares at ₹2,561.30 each.
MphasiS's basic earnings per share (EPS) were ₹97.82 in FY26, against ₹89.87 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹100.25.
In 2026, MphasiS has declared one dividend: ₹62 with record date 8 July 2026.
No. MphasiS had borrowings of ₹1,793 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.17. Its cash and current investments were ₹3,074 crore, so it held net cash of ₹1,281 crore.
MphasiS's debt-to-equity ratio was 0.17 on 31 March 2026: borrowings of ₹1,793 crore against total equity of ₹10,744 crore. A year earlier, on 31 March 2025, it was 0.12.
MphasiS's dividend yield is 2.42% at the 29 October 2026 close: dividends of ₹62 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹2,561.30. They were ₹62 on 8 July 2026.
On 30 September 2026, MphasiS's shares were held by promoters 30.53%, foreign portfolio investors (FII/FPI) 19.39%, domestic institutions (DII) 45.85% (including mutual funds at 31.12%) and retail and other non-institutional investors 4.23%. Over the year, FII holding was up 0.87 percentage points from 18.52% and DII holding was up 8.78 percentage points from 37.07%.
In FY26 (April 2025–March 2026), MphasiS's consolidated net profit was ₹1,863 crore, up 9.4% from ₹1,702 crore in FY25, on revenue from operations of ₹15,880 crore (up 11.6%). Over three years, from FY23, net profit was up 13.7%.
At the 29 October 2026 closing prices, on FY26 net profit, MphasiS's PE ratio is 26.2, the lowest of the four: Persistent Systems 49.7, Coforge 55.5 and Oracle Financial Services Software 32.8, a peer average of 46.0. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, MphasiS generated ₹1,253 crore of cash from operations and spent ₹319 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹935 crore. In FY25 it was ₹1,843 crore.
MphasiS's latest results are for Q1 FY27 (April–June 2026), filed on 23 July 2026: consolidated net profit ₹490 crore, up 10.8% from ₹442 crore in Q1 FY26; revenue from operations ₹4,384 crore, up 17.5% year on year.
MphasiS will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against Persistent Systems, Coforge and Oracle Financial Services Software: MphasiS's operating margin of 15.3% is the third highest of the four (Persistent Systems 16.2%, Coforge 13.7%, Oracle Financial Services Software 44.5%; peer average 24.8%); its return on equity of 18.3% is the lowest of the four (Persistent Systems 26.4%, Coforge 19.7%, Oracle Financial Services Software 32.6%; peer average 26.2%); its revenue growth over three years of 4.8% a year is the lowest of the four (Persistent Systems 20.9% a year, Coforge 27.0% a year, Oracle Financial Services Software 10.4% a year; peer average 19.4% a year).
In FY26, MphasiS earned net profit of ₹1,863 crore on revenue of ₹15,880 crore, against ₹1,865 crore on ₹14,748 crore for Persistent Systems. MphasiS's operating margin was 15.3% (Persistent Systems 16.2%) and its return on equity 18.3% (Persistent Systems 26.4%). At the 29 October 2026 close, MphasiS's market capitalisation was ₹48,890 crore against ₹92,757 crore for Persistent Systems, and its PE ratio on FY26 profit 26.2 against 49.7.
From MphasiS's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.