- Total income
- ₹14,485 Cr
- Profit
- ₹1,702 Cr

About Mphasis Limited
Data last updated:
Mphasis Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Bcp Topco Ix Pte Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 August 1992 and has been in existence for over 34 years.
Mphasis is ranked #191 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L30007KA1992PLC025294. Its GSTIN is 29AAACB6820C1Z1 (Karnataka). The company holds 16 GST registrations, of which 8 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 526299 and NSE: MPHASIS.
The company has an authorised share capital of ₹245 Cr and a paid-up capital of ₹190.87 Cr. It was formerly known as Mphasis Bfl Limited. It is led by directors including Nitin Rakesh (Managing Director) and Amit Dalmia.
Its last annual general meeting (AGM) was held on 24 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bangalore, Karnataka.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹15,880 Cr, a growth of 11.6% compared to the previous year. For the same year it recorded a net profit of ₹1,887.96 Cr (net margin 11.9%) and EBITDA of ₹2,942.71 Cr (EBITDA margin 18.5%). The net worth stands at ₹10,744 Cr (up 11.6% YoY). Total assets are valued at ₹13,609 Cr (up 17.3% YoY).
The company has about 24,660 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Mphasis. As per MCA filings, the company has open charges of ₹27.08 Cr on record. Court records list 287 cases involving the company, including 148 filed by the company and 139 filed against it; 39 cases are pending. The company has 50 deals on record (38 market trades, 6 secondary share transfers, 4 acquisitions), with disclosed funding of ₹25 Cr; the latest was in November 2025. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 225 overdue payments to 47 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mphasis.com.
Company details
CIN history
Mphasis has one previous CIN (Corporate Identification Number): U30007KA1999PLC025294. The current CIN is L30007KA1992PLC025294, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L30007KA1992PLC025294 | Current |
| U30007KA1999PLC025294 | Previous |
Recognitions & Rankings of Mphasis
Contact details
Mphasis Limited's registered office is in Bangalore, Karnataka. Its website is mphasis.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBagmane World Technology Center Marathalli Outer Ring Road Doddannakhundhi Village Maha, Devapura, Bangalore, Karnataka, India – 560048
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Mphasis Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Mphasis operates one associated brand: Mphasis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT, F&A, HRO, BPO, and customer support services are provided. | mphasis.com |
Business activity
The main business activity of Mphasis is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Mphasis Limited, buy the company report.
Financials of Mphasis Limited
FY 2025-26 filings availableMphasis Limited reported revenue of ₹15,880 Cr (up 11.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 15,880 | 14,230 | 13,279 | 13,798 | 11,961 | 9,722 | 8,844 |
| Revenue growth | +11.6% | +7.2% | -3.8% | +15.4% | +23.0% | +9.9% | - |
| EBITDA | 2,943 | 2,647 | 2,422 | 2,434 | 2,118 | 1,803 | 1,650 |
| EBITDA margin | +18.5% | +18.6% | +18.2% | +17.6% | +17.7% | +18.5% | +18.7% |
| Profit before tax | 2,509 | 2,260 | 2,068 | 2,173 | 1,913 | 1,631 | 1,515 |
| Net profit | 1,888 | 1,701 | 1,543 | 1,626 | 1,423 | 1,216 | 1,184 |
| Net profit margin | +11.9% | +12.0% | +11.6% | +11.8% | +11.9% | +12.5% | +13.4% |
| EPS (₹) | 97.61 | 89.55 | 82.26 | 86.94 | 76.18 | 65.05 | 63.52 |
| Balance sheet | |||||||
| Total assets | 13,609 | 11,600 | 11,339 | 8,907 | 8,302 | 7,734 | 7,144 |
| Net worth | 10,744 | 9,628 | 8,795 | 7,935 | 6,943 | 6,527 | 5,830 |
| Total debt | 2,620 | 1,888 | 1,544 | 198 | 527 | 513 | 571 |
| Cash & bank | 1,753 | 1,613 | 814 | 1,053 | 949 | 1,062 | 1,126 |
| Net working capital | 2,946 | 2,057 | 1,379 | 1,986 | 1,898 | 1,975 | 1,839 |
| Cash flow | |||||||
| Cash from operations | 1,253 | 1,905 | 2,180 | 1,462 | 1,716 | 1,455 | 1,321 |
| Cash from investing | (173) | 31.94 | (2,496) | 196 | (271) | (810) | 142 |
| Cash from financing | (943) | (1,756) | 77.08 | (1,440) | (1,389) | (861) | (825) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,384 | 4,243 | 4,003 | 3,902 | 3,732 | 3,710 | 3,561 | 3,536 |
| Revenue growth (YoY) | +17.5% | +14.4% | +12.4% | +10.3% | +9.1% | - | - | - |
| Other income | 83.19 | 108 | 62.38 | 74.64 | 80.95 | 59.96 | 62.75 | 58.75 |
| EBITDA | 795 | 804 | 715 | 722 | 703 | 703 | 678 | 648 |
| EBITDA margin | +18.1% | +18.9% | +17.9% | +18.5% | +18.8% | +18.9% | +19.0% | +18.3% |
| Depreciation | 147 | 153 | 143 | 128 | 132 | 135 | 132 | 104 |
| Interest | 48.52 | 77.34 | 41.13 | 43.77 | 41.82 | 36.07 | 39.18 | 40.49 |
| Profit before tax | 683 | 681 | 593 | 625 | 610 | 591 | 569 | 563 |
| Tax | 193 | 172 | 151 | 156 | 168 | 145 | 141 | 139 |
| Net profit | 489 | 510 | 442 | 469 | 442 | 446 | 428 | 423 |
| EPS (₹) | 25.61 | 26.68 | 23.13 | 24.54 | 23.14 | 23.41 | 22.41 | 22.18 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 9,467 | 9,271 | 9,093 | 9,425 | 7,390 | 5,561 | 4,347 |
| Revenue growth | +2.1% | +2.0% | -3.5% | +27.5% | +32.9% | +27.9% | - |
| EBITDA | 1,932 | 2,096 | 2,162 | 2,013 | 1,705 | 1,559 | 1,281 |
| EBITDA margin | +20.4% | +22.6% | +23.8% | +21.4% | +23.1% | +28.0% | +29.5% |
| Profit before tax | 1,876 | 2,010 | 2,038 | 1,882 | 1,620 | 1,446 | 1,388 |
| Net profit | 1,427 | 1,531 | 1,443 | 1,406 | 1,235 | 1,110 | 1,204 |
| Net profit margin | +15.1% | +16.5% | +15.9% | +14.9% | +16.7% | +20.0% | +27.7% |
| EPS (₹) | 73.49 | 80.62 | 76.51 | 75.04 | 65.77 | 59.36 | 64.60 |
| Balance sheet | |||||||
| Total assets | 7,184 | 6,905 | 6,379 | 5,788 | 5,406 | 5,087 | 4,529 |
| Net worth | 6,474 | 6,299 | 5,721 | 5,009 | 4,448 | 4,310 | 3,677 |
| Total debt | 584 | 600 | 115 | 214 | 435 | 267 | 235 |
| Cash & bank | 778 | 690 | 419 | 645 | 533 | 654 | 749 |
| Net working capital | 2,318 | 1,781 | 1,560 | 2,168 | 1,638 | 1,421 | 1,266 |
| Cash flow | |||||||
| Cash from operations | 839 | 1,766 | 1,932 | 1,082 | 1,163 | 1,290 | 943 |
| Cash from investing | 491 | (345) | (974) | 322 | (14.66) | (740) | 432 |
| Cash from financing | (1,243) | (1,177) | (1,185) | (1,254) | (1,152) | (807) | (770) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,701 | 2,454 | 2,409 | 2,367 | 2,237 | 2,248 | 2,350 | 2,355 |
| Revenue growth (YoY) | +20.7% | +9.2% | +2.5% | +0.5% | -3.5% | - | - | - |
| Other income | 59.97 | 39.74 | 37.24 | 52.80 | 55.98 | 44.09 | 45.20 | 40.27 |
| Total expenses | 2,073 | 1,932 | 1,932 | 1,836 | 1,834 | 1,779 | 1,812 | 1,828 |
| EBITDA | 628 | 522 | 477 | 531 | 403 | 469 | 538 | 527 |
| EBITDA margin | +23.3% | +21.3% | +19.8% | +22.4% | +18.0% | +20.9% | +22.9% | +22.4% |
| Depreciation | 50.97 | 48.71 | 45.65 | 44.04 | 43.16 | 44.46 | 48.47 | 48.69 |
| Interest | 15.95 | 14.34 | 14.19 | 17.70 | 13.93 | 15.49 | 20.48 | 22.72 |
| Profit before tax | 621 | 499 | 454 | 522 | 402 | 453 | 514 | 496 |
| Tax | 162 | 127 | 115 | 129 | 104 | 83.93 | 138 | 123 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,384 | 4,243 | 4,003 | 3,902 | 3,732 | 3,710 | 3,561 | 3,536 |
| Revenue growth (YoY) | +17.5% | +14.4% | +12.4% | +10.3% | +9.1% | - | - | - |
| Other income | 83.19 | 108 | 62.38 | 74.64 | 80.95 | 59.96 | 62.75 | 58.75 |
| EBITDA | 795 | 804 | 715 | 722 | 703 | 703 | 678 | 648 |
| EBITDA margin | +18.1% | +18.9% | +17.9% | +18.5% | +18.8% | +18.9% | +19.0% | +18.3% |
| Depreciation | 147 | 153 | 143 | 128 | 132 | 135 | 132 | 104 |
| Interest | 48.52 | 77.34 | 41.13 | 43.77 | 41.82 | 36.07 | 39.18 | 40.49 |
| Profit before tax | 683 | 681 | 593 | 625 | 610 | 591 | 569 | 563 |
| Tax | 193 | 172 | 151 | 156 | 168 | 145 | 141 | 139 |
| Net profit | 489 | 510 | 442 | 469 | 442 | 446 | 428 | 423 |
| EPS (₹) | 25.61 | 26.68 | 23.13 | 24.54 | 23.14 | 23.41 | 22.41 | 22.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 15,880 | 14,230 | 13,279 | 13,798 | 11,961 | 9,722 | 8,844 |
| Revenue growth | +11.6% | +7.2% | -3.8% | +15.4% | +23.0% | +9.9% | - |
| Other income | 326 | 255 | 218 | 162 | 160 | 133 | 178 |
| Total expenses | 12,937 | 11,583 | 10,857 | 11,365 | 9,844 | 7,919 | 7,193 |
| Employee cost | 8,919 | 8,145 | 7,925 | 8,076 | 7,034 | 5,630 | 4,923 |
| EBITDA | 2,943 | 2,647 | 2,422 | 2,434 | 2,118 | 1,803 | 1,650 |
| EBITDA margin | +18.5% | +18.6% | +18.2% | +17.6% | +17.7% | +18.5% | +18.7% |
| Depreciation | 555 | 476 | 410 | 325 | 291 | 242 | 232 |
| Interest | 204 | 166 | 161 | 97.26 | 74.40 | 63.42 | 81.19 |
| Profit before tax | 2,509 | 2,260 | 2,068 | 2,173 | 1,913 | 1,631 | 1,515 |
| Tax | 647 | 558 | 514 | 535 | 482 | 414 | 331 |
| Net profit | 1,888 | 1,701 | 1,543 | 1,626 | 1,423 | 1,216 | 1,184 |
| Net profit margin | +11.9% | +12.0% | +11.6% | +11.8% | +11.9% | +12.5% | +13.4% |
| EPS (₹) | 97.61 | 89.55 | 82.26 | 86.94 | 76.18 | 65.05 | 63.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 191 | 190 | 189 | 188 | 188 | 187 | 187 |
| Reserves & surplus | 10,553 | 9,438 | 8,606 | 7,746 | 6,755 | 6,340 | 5,643 |
| Shareholders' funds (net worth) | 10,744 | 9,628 | 8,795 | 7,935 | 6,943 | 6,527 | 5,830 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 337 |
| Unsecured loans | 2,620 | 1,888 | 1,544 | 198 | 527 | 513 | 235 |
| Total debt | 2,620 | 1,888 | 1,544 | 198 | 527 | 513 | 571 |
| Total liabilities | 13,609 | 11,600 | 11,339 | 8,907 | 8,302 | 7,734 | 7,144 |
| Assets | |||||||
| Gross block | 8,763 | 7,649 | 7,044 | 5,227 | 4,760 | 3,744 | 3,581 |
| Net block | 6,435 | 5,781 | 5,533 | 4,060 | 3,774 | 3,020 | 3,013 |
| Capital work in progress | 0.06 | 0.18 | 61.44 | 32.38 | 10.98 | 3.13 | 16.70 |
| Investments | 1,769 | 2,208 | 3,090 | 1,753 | 1,813 | 1,846 | 1,326 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 4,193 | 2,841 | 2,426 | 2,521 | 2,227 | 929 | 835 |
| Cash & bank balances | 1,753 | 1,613 | 814 | 1,053 | 949 | 1,062 | 1,126 |
| Loans & advances | 1,000 | 748 | 800 | 1,011 | 1,105 | 1,614 | 1,474 |
| Total current assets | 6,946 | 5,202 | 4,040 | 4,585 | 4,281 | 3,606 | 3,435 |
| Total current liabilities | 4,000 | 3,144 | 2,661 | 2,599 | 2,383 | 1,630 | 1,596 |
| Net working capital | 2,946 | 2,057 | 1,379 | 1,986 | 1,898 | 1,975 | 1,839 |
| Total assets | 13,609 | 11,600 | 11,339 | 8,907 | 8,302 | 7,734 | 7,144 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 986 | 805 | 1,044 | 827 | 771 | 988 | 350 |
| Net cash from operating activities | 1,253 | 1,905 | 2,180 | 1,462 | 1,716 | 1,455 | 1,321 |
| Net cash from investing activities | (173) | 31.94 | (2,496) | 196 | (271) | (810) | 142 |
| Net cash from financing activities | (943) | (1,756) | 77.08 | (1,440) | (1,389) | (861) | (825) |
| Net change in cash | 137 | 181 | (239) | 217 | 55.70 | (217) | 638 |
| Closing cash | 1,753 | 1,613 | 814 | 1,053 | 949 | 1,062 | 1,126 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +11.6% | +7.2% | -3.8% | +15.4% | +23.0% | +9.9% | - |
| EBITDA growth | +11.2% | +9.3% | -0.5% | +14.9% | +17.5% | +9.2% | - |
| PBT growth | +11.0% | +9.3% | -4.8% | +13.6% | +17.3% | +7.6% | +7.7% |
| Net income growth | +11.0% | +10.3% | -5.1% | +14.3% | +17.0% | +2.8% | - |
| Revenue CAGR (3Y) | +4.8% | +6.0% | +11.0% | +16.0% | +15.7% | +14.1% | +13.3% |
| EBITDA CAGR (3Y) | +6.5% | +7.7% | +10.3% | +13.8% | +17.0% | +19.8% | +20.2% |
| Profitability & leverage | |||||||
| Net income margin | +11.7% | +12.0% | +11.7% | +11.9% | +12.0% | +12.5% | +13.4% |
| Return on capital employed | +21.5% | +21.2% | +22.0% | +26.4% | +24.8% | +22.8% | +24.5% |
| Return on net worth | +18.3% | +18.5% | +18.6% | +22.0% | +21.3% | +19.7% | +21.4% |
| Debt / equity | 0.22 | 0.19 | 0.10 | 0.05 | 0.08 | 0.09 | 0.10 |
| Long-term debt / equity | 0.06 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 8.55 | 7.62 | 8.00 | 4.61 | 4.07 | 4.06 | 5.72 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.94 | 1.94 | 2.16 | 2.76 | 2.81 | 2.65 | 2.91 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 4.52 | 5.40 | 5.37 | 5.81 | 7.58 | 11.02 | 9.88 |
| EPS (₹) | 97.61 | 89.55 | 82.26 | 86.94 | 76.18 | 65.05 | 63.52 |
| Dividend per share (₹) | 62.00 | 57.00 | 55.00 | 50.00 | 46.00 | 65.00 | 35.00 |
| Book value per share (₹) | 563.01 | 506.53 | 465.31 | 421.15 | 369.66 | 348.93 | 312.51 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,701 | 2,454 | 2,409 | 2,367 | 2,237 | 2,248 | 2,350 | 2,355 |
| Revenue growth (YoY) | +20.7% | +9.2% | +2.5% | +0.5% | -3.5% | - | - | - |
| Other income | 59.97 | 39.74 | 37.24 | 52.80 | 55.98 | 44.09 | 45.20 | 40.27 |
| Total expenses | 2,073 | 1,932 | 1,932 | 1,836 | 1,834 | 1,779 | 1,812 | 1,828 |
| EBITDA | 628 | 522 | 477 | 531 | 403 | 469 | 538 | 527 |
| EBITDA margin | +23.3% | +21.3% | +19.8% | +22.4% | +18.0% | +20.9% | +22.9% | +22.4% |
| Depreciation | 50.97 | 48.71 | 45.65 | 44.04 | 43.16 | 44.46 | 48.47 | 48.69 |
| Interest | 15.95 | 14.34 | 14.19 | 17.70 | 13.93 | 15.49 | 20.48 | 22.72 |
| Profit before tax | 621 | 499 | 454 | 522 | 402 | 453 | 514 | 496 |
| Tax | 162 | 127 | 115 | 129 | 104 | 83.93 | 138 | 123 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 9,467 | 9,271 | 9,093 | 9,425 | 7,390 | 5,561 | 4,347 |
| Revenue growth | +2.1% | +2.0% | -3.5% | +27.5% | +32.9% | +27.9% | - |
| Other income | 186 | 178 | 135 | 118 | 123 | 89.46 | 323 |
| Total expenses | 7,535 | 7,175 | 6,931 | 7,412 | 5,684 | 4,002 | 3,067 |
| Employee cost | 3,112 | 2,814 | 2,760 | 2,892 | 2,397 | 1,775 | 1,662 |
| EBITDA | 1,932 | 2,096 | 2,162 | 2,013 | 1,705 | 1,559 | 1,281 |
| EBITDA margin | +20.4% | +22.6% | +23.8% | +21.4% | +23.1% | +28.0% | +29.5% |
| Depreciation | 182 | 189 | 193 | 176 | 149 | 151 | 153 |
| Interest | 60.16 | 74.46 | 66.09 | 73.70 | 58.71 | 52.05 | 63.04 |
| Profit before tax | 1,876 | 2,010 | 2,038 | 1,882 | 1,620 | 1,446 | 1,388 |
| Tax | 474 | 478 | 592 | 468 | 385 | 335 | 183 |
| Net profit | 1,427 | 1,531 | 1,443 | 1,406 | 1,235 | 1,110 | 1,204 |
| Net profit margin | +15.1% | +16.5% | +15.9% | +14.9% | +16.7% | +20.0% | +27.7% |
| EPS (₹) | 73.49 | 80.62 | 76.51 | 75.04 | 65.77 | 59.36 | 64.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 191 | 190 | 189 | 188 | 188 | 187 | 187 |
| Reserves & surplus | 6,283 | 6,109 | 5,532 | 4,820 | 4,260 | 4,123 | 3,491 |
| Shareholders' funds (net worth) | 6,474 | 6,299 | 5,721 | 5,009 | 4,448 | 4,310 | 3,677 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 584 | 600 | 115 | 214 | 435 | 267 | 235 |
| Total debt | 584 | 600 | 115 | 214 | 435 | 267 | 235 |
| Total liabilities | 7,184 | 6,905 | 6,379 | 5,788 | 5,406 | 5,087 | 4,529 |
| Assets | |||||||
| Gross block | 1,515 | 1,434 | 1,398 | 1,219 | 1,053 | 945 | 886 |
| Net block | 617 | 619 | 682 | 675 | 583 | 596 | 634 |
| Capital work in progress | 0.06 | 0.18 | 13.66 | 4.34 | 0.00 | 0.66 | 7.27 |
| Investments | 3,150 | 3,647 | 3,249 | 2,094 | 2,295 | 2,380 | 1,816 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 2,679 | 1,803 | 1,775 | 1,932 | 833 | 594 | 768 |
| Cash & bank balances | 778 | 690 | 419 | 645 | 533 | 654 | 749 |
| Loans & advances | 645 | 630 | 611 | 1,037 | 1,785 | 1,030 | 733 |
| Total current assets | 4,102 | 3,123 | 2,805 | 3,615 | 3,150 | 2,278 | 2,250 |
| Total current liabilities | 1,784 | 1,342 | 1,245 | 1,446 | 1,512 | 857 | 984 |
| Net working capital | 2,318 | 1,781 | 1,560 | 2,168 | 1,638 | 1,421 | 1,266 |
| Total assets | 7,184 | 6,905 | 6,379 | 5,788 | 5,406 | 5,087 | 4,529 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 653 | 409 | 636 | 486 | 489 | 746 | 144 |
| Net cash from operating activities | 839 | 1,766 | 1,932 | 1,082 | 1,163 | 1,290 | 943 |
| Net cash from investing activities | 491 | (345) | (974) | 322 | (14.66) | (740) | 432 |
| Net cash from financing activities | (1,243) | (1,177) | (1,185) | (1,254) | (1,152) | (807) | (770) |
| Net change in cash | 87.21 | 244 | (226) | 150 | (3.48) | (257) | 605 |
| Closing cash | 778 | 690 | 419 | 645 | 533 | 654 | 749 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +2.1% | +2.0% | -3.5% | +27.5% | +32.9% | +27.9% | - |
| EBITDA growth | -7.8% | -3.1% | +7.4% | +18.1% | +9.4% | +21.7% | - |
| PBT growth | -6.7% | -1.4% | +8.3% | +16.2% | +12.1% | +4.2% | +42.7% |
| Net income growth | -6.8% | +6.1% | +2.6% | +13.9% | +11.2% | -7.8% | - |
| Revenue CAGR (3Y) | +0.2% | +7.9% | +17.8% | +29.4% | +29.1% | +19.3% | +12.9% |
| EBITDA CAGR (3Y) | -1.4% | +7.1% | +11.5% | +16.3% | +23.8% | +22.6% | +24.4% |
| Profitability & leverage | |||||||
| Net income margin | +14.8% | +16.5% | +15.9% | +15.0% | +16.7% | +20.0% | +27.7% |
| Return on capital employed | +27.5% | +31.4% | +34.6% | +34.9% | +32.0% | +31.2% | +35.7% |
| Return on net worth | +22.0% | +25.5% | +27.0% | +29.9% | +28.2% | +27.8% | +34.7% |
| Debt / equity | 0.09 | 0.06 | 0.03 | 0.07 | 0.08 | 0.06 | 0.07 |
| Long-term debt / equity | 0.07 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 3.44 | 3.91 | 3.36 | 4.01 | 3.77 | 3.70 | 5.59 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.42 | 6.55 | 6.95 | 8.29 | 7.39 | 6.07 | 7.97 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 4.22 | 5.18 | 4.90 | 6.82 | 10.35 | 8.16 | 6.84 |
| EPS (₹) | 73.49 | 80.62 | 76.51 | 75.04 | 65.77 | 59.36 | 64.60 |
| Dividend per share (₹) | 62.00 | 57.00 | 55.00 | 50.00 | 46.00 | 65.00 | 35.00 |
| Book value per share (₹) | 339.28 | 331.38 | 302.69 | 265.84 | 236.80 | 230.42 | 197.12 |
To see the full year-wise statements and ratios of Mphasis Limited, buy the company report.
Board of directors of Mphasis Limited
Mphasis has 11 current directors and 49 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Dalmia Also directs: R Systems International Limited, PGP Glass Limited | Director | 01 Sep 2016 | 10 Years 2 Months | Current |
| David Lawrence Johnson | Director | 01 Sep 2016 | 10 Years 2 Months | Current |
| Marshall Jan Lux | Director | 07 Aug 2018 | 8 Years 3 Months | Current |
| Nitin Rakesh Also directs: Ask Investment Managers Limited | Managing Director | 01 Oct 2021 | 5 Years 1 Months | Current |
| Amit Dixit Also directs: Ask Investment Managers Limited, Aadhar Housing Finance Limited, Epl Limited and 1 more | Director | 01 Sep 2016 | 10 Years 2 Months | Current |
| Maureen Anne Erasmus | Director | 20 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Mphasis Limited is audited by B S R & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co LLP | FY 2025 | 101248W/W-100022 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 30.50%, foreign institutional investors hold 19.50%, domestic institutional investors hold 45.30% and retail and other public shareholders hold 4.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 30.50% | 30.60% | 30.60% | 40.10% |
| Public | 69.50% | 69.40% | 69.40% | 59.90% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jun 2026 | 101298478 | Others | ₹20 Cr | Open | |
| 30 Sep 2024 | 100993576 | Axis Bank Limited | ₹50 Lakh | Open | |
| 16 May 2019 | 100267436 | Others | ₹6.58 Cr | Open |
Total charge records: 3 View all charges
Deals & funding
Mphasis Limited has 50 deals on record (38 market trades, 6 secondary share transfers, 4 acquisitions), with disclosed funding of ₹25 Cr; the latest was in November 2025.
Deals on record (5 of 50)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Market trade | ₹298.08 Cr | Buyer: Irage Broking Services LLP Seller: Irage Broking Services LLP |
| Nov 2025 | Market trade | ₹4,734.95 Cr | Buyer: Icici Prudential Mutual Fund, Kotak Mahindra Mutual Fund, Hdfc Mutual Fund Seller: Bcp Topco Ix Pte. Ltd., Irage Broking Services LLP |
| Jun 2024 | Market trade | ₹6,735.6 Cr | Buyer: Kotak Mahindra Mutual Fund A/C - Kotak Emerging Equity Scheme, Morgan Stanley Investment Management, Kotak Funds - India Midcap Fund Seller: Bcp Topco Ix Pte. Ltd. |
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: Life Insurance Corporation of India |
| Jul 2015 | Acquisition | ₹2.75 Cr | Buyer: Karvy Data Management Services Limited Seller: Mphasis Limited |
To see the full deal history of Mphasis Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mphasis Limited has 287 court cases on record: 148 filed by Mphasis, 139 filed against it. 39 cases are pending and 248 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 173 | 77 | 20 |
| District courts | 90 | 45 | 14 |
| Supreme Court | 19 | 13 | 2 |
| NCLAT | 3 | 3 | 3 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 287)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1602-Direct Taxation : International Taxation, Double Tax Avoidance Agreement (DTAA), Transfer Pricing) | Filed against the company by The Commissioner of Income Tax and 1 other | Disposed |
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed against the company by The Commissioner of Income Tax International Taxation and 1 other | Disposed |
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed against the company by The Commissioner of Income Tax and 1 other | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by Central Bank of India | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Bank of India Limited | Pending |
To see the full case history of Mphasis Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Mphasis Limited was last rated by Icra on 17 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 17 Jun 2021 |
To see the full credit ratings and regulatory alerts of Mphasis Limited, buy the company report.
MSME payment delays
Mphasis Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 225 overdue payments to 47 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 47)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ashwamedh Engineers and Consultants Cooperative Society Ltd | |||
| Prism HRC | |||
| an individual supplier | |||
| Converse Placement Services India Private Limited | |||
| Aayuv Technologies Private Limited |
To see the full MSME payment records of Mphasis Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Mphasis has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mrald Services Private Limited | U62099KA2023FTC171132 | |
| Mphasis Software & Services (India) Private Ltd. | U72200KA1998PTC038932 | |
| Msource (India) Private Limited | U72200KA2000PTC038931 |
To see the full group structure of Mphasis Limited, buy the company report.
Employees & EPFO
Mphasis Limited has a workforce of 24,660 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Mphasis has 16 GST registrations: 8 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACB6820C1Z1 | Karnataka | Active | 01 Jul 2017 |
| 29AAACB6820C2Z0 | Karnataka | Active | 01 Jul 2017 |
| 29AAACB6820C3ZZ | Karnataka | Active | 01 Mar 2023 |
| 27AAACB6820C1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mphasis Limited, buy the company report.
Recent activity
Mphasis Limited has 106 board changes on record since 1998: 60 appointments and 46 cessations. The latest: Punit Sood was appointed as Director on 11 Dec 2025.
100 earlier events are in the company report.
News
Frequently asked questions
Mphasis is an active public limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 August 1992 (34+ years old) and is registered under CIN L30007KA1992PLC025294. Listed on BSE: 526299 and NSE: MPHASIS.
Mphasis reported revenue of ₹15,880 Cr for FY 2025-26 (up 11.6% YoY) based on consolidated financials.
Mphasis has 11 current directors:
- Nitin Rakesh - Managing Director
- Amit Dalmia - Director
- David Lawrence Johnson - Director
- Marshall Jan Lux - Director
- Amit Dixit - Director
- Maureen Anne Erasmus - Director
- Kabir Mathur - Director
- Pankaj Sood - Director
- Girish Srikrishna Paranjpe - Director
- Sunil Kumar Gulati - Director
- Punit Sood - Director
The latest financial statements of Mphasis on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mphasis is 29AAACB6820C1Z1, registered in Karnataka. The company has 16 GST registrations in all, of which 8 are active and 8 are cancelled or inactive. Other active GSTINs include 29AAACB6820C2Z0 (Karnataka), 29AAACB6820C3ZZ (Karnataka), 27AAACB6820C1Z5 (Maharashtra).
The CIN (Corporate Identification Number) of Mphasis is L30007KA1992PLC025294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mphasis is a listed company as per MCA records. Its shares are listed on both BSE (code: 526299) and NSE (symbol: MPHASIS).
Mphasis has 287 court cases on record: 148 filed by the company and 139 filed against it. 39 are pending. Most are in the high courts.
Mphasis was incorporated on 10 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
Mphasis has 50 deals on record (38 market trades, 6 secondary share transfers, 4 acquisitions), with disclosed funding of ₹25 Cr; the latest was in November 2025.
Punit Sood was appointed as Director on 11 Dec 2025. Puranam Sivaramakrishnan ceased to be Company Secretary on 27 Apr 2025. Puranam Sivaramakrishnan was appointed as Company Secretary on 23 Jan 2025. Mphasis has 106 board changes on record in total.

