Obermatt

Mphasis

NSI:MPHASIS · INE356A01018
IT ServicesLarge

360

69
EV / EBIT17
Price / Owner Earnings41
Owner Earnings Yield46
Dividend Yield63
Price/Sales50
EV / Gross Profit46
Price/Book31
Return on Capital63
Cash Return on Capital75
Return on Equity67
EBIT Margin80
Gross Profitability80
Cash Conversion4
Accruals20
Owner Earnings Margin92
Sales growth68
Profit Growth62
Long-Term EPS Growth74
Owner Earnings Growth49
Reinvestment72
Price momentum49
Debt load44
Refinancing49
Debt Payback100
Liquidity53
Analyst ratings46
Opinion Changes63
Price Target Upside31
Market mood46
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Mphasis clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryIndia
IndustryIT Services
SizeLarge
TypePublic Company
ExchangeBSE
Founded1992
Employees29,940
ISININE356A01018
Last UpdateApr 2, 2026
Index & Theme
Network SecurityCloud Data ServicesFintechDevSecOpsCloud InfrastructureArtificial IntelligenceBlockchainRegTechInformation TechnologyOutsourcing

Description

Analysis

Middle-of-the-road

Mphasis Limited sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is fair. The owner-earnings multiple stands at 19.0×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 6% a year, against analyst forecasts of 12%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is adequate. The company scores 12/20 on our value-creation score: creating some value.

Flags to be aware of: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
58
2023202420252026

All-time high

79

Mar 2026

All-time low

4

Jan 2024

Average rank

40

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
50
52
47
49
Price/Earnings
34
38
48
41
Price/Book
31
37
33
34
Dividend Yield
63
55
64
74
Value (overall)
37
43
50
57

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →