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MPHASIS.NS

MphasiS Ltd.

Information Technology
Price research

Price history

1M window · 2026-08-24 to 2026-09-22

Start 2026-08-24 ₹2427.00
End 2026-09-22 ₹2265.00
Change over window -6.67%
Methodology

Price is the daily close from stored Kite history. The other metrics pair that daily price with the company's periodic filings — each fundamental (revenue, EPS, equity…) is held flat at its latest filed value between annual filings, so a ratio steps at each filing and moves daily only through its price term. A metric with no input on file for this company (e.g. EV/EBITDA for a bank, which has no EBIT) is shown as unavailable, never guessed. Share-count-based metrics use the latest diluted share count against split/bonus-adjusted prices.

Technical analysis

Technical indicators

Same window as the price chart above

These reflect only the stock's recent price and volume behavior — not the company's fundamentals — and are not a recommendation to buy or sell. Standard published parameters are used throughout (see each chart's own label); a company with too little stored price history for a given indicator's lookback window shows that plainly below rather than a garbage or misleading value.

Latest value of each line in the charted window
Methodology

MACD (12,26,9), Stochastic Oscillator (14,3) and Money Flow Index (14-day) each carry their own published reference lines/bands (20/80 for the oscillator readings) where one is standard. ADX includes +DI/-DI for direction alongside trend strength; a dashed line marks the commonly published 25 "trending market" reading. ATR is shown in raw rupees here; the price/volume preset screen (below, and on the Screener page) reports it as a % of price so it's comparable across stocks at different price levels. Computed from the same stored daily OHLCV history as the price chart above — no new data source.

Ratios as of FY2025-26 Annual filing · published 2026-04-29
Price (live) ₹2265.00 INR fetched 2026-09-23 02:28
Fundamental analysis

Ratios

Calculated from this company's filed figures, and from the current price where a ratio needs one. Every ratio shows its source trace: the filed elements it reads and the arithmetic behind the result.

P/E

23.21

P/E = Price / EPS

Source trace FY2025-26 · Annual filing

P/E = Price / (ProfitOrLossAttributableToOwnersOfParent / PaidUpValueOfEquityShareCapital ÷ FaceValueOfEquityShareCapital) → ₹2,265.00 / (₹18,626,020,000 / 190,827,000 shares) = ₹2,265.00 / ₹97.61 EPS

ROE

17.34%

ROE = Net Income / Shareholder Equity

Source trace FY2025-26 · Annual filing

ROE = ProfitOrLossAttributableToOwnersOfParent / EquityAttributableToOwnersOfParent → ₹18,626,020,000 / ₹107,437,120,000 = 17.34%

Debt/Equity

0.17

Debt/Equity = Total Debt / Shareholder Equity

Source trace FY2025-26 · Annual filing

Debt/Equity = BorrowingsCurrent + BorrowingsNoncurrent / EquityAttributableToOwnersOfParent → ₹17,928,850,000 / ₹107,437,120,000 = 0.17

Current Ratio

1.38

Current Ratio = Current Assets / Current Liabilities

Source trace FY2025-26 · Annual filing

Current Ratio = CurrentAssets / CurrentLiabilities → ₹82,670,790,000 / ₹60,095,500,000 = 1.38

ROCE

21.93%

ROCE = EBIT / (Shareholder Equity + Total Debt)

Source trace FY2025-26 · Annual filing

ROCE = ProfitBeforeExceptionalItemsAndTax + FinanceCosts / (EquityAttributableToOwnersOfParent + BorrowingsCurrent + BorrowingsNoncurrent) → ₹27,488,000,000 / (₹107,437,120,000 + ₹17,928,850,000) = 21.93%

Dividend Yield

2.51%

Dividend Yield = (Dividends Paid / Diluted Shares Outstanding) / Price

Qualification This is cash paid during the fiscal year, not a per-share rate declared for it (no such element exists in the filing data) — timing can straddle interim/final dividends across years, and pre-FY2020-21 figures may include the since-abolished Dividend Distribution Tax, reading higher than later years for that reason alone.

Source trace FY2025-26 · Annual filing

Dividend Yield = (|DividendsPaidClassifiedAsFinancingActivities| / PaidUpValueOfEquityShareCapital ÷ FaceValueOfEquityShareCapital) / Price → (₹10,841,270,000 / 190,827,000 shares) / ₹2,265.00 = ₹56.81 / ₹2,265.00

Growth & quality

Growth & earnings trend

Computed from this company's stored annual filings. Each figure carries the filed values behind it as a tooltip.

Revenue CAGR · 3y 11.7%
Net profit CAGR · 3y 10.5%
Operating margin · FY2025-26 17.3%
ROCE · FY2025-26 21.9%

Revenue & Profit CAGR

Revenue (3y, 8.0y actual)
11.7%
Net Profit (3y)
10.5%
Revenue (5y, 8.0y actual)
11.7%
Net Profit (5y)
10.5%
Revenue (10y, 8.0y actual)
11.7%
Net Profit (10y)
10.5%

Operating Margin Trend

Flat
FY2017-18
17.6%
FY2018-19
18.4%
FY2019-20
18.1%
FY2020-21
17.4%
FY2021-22
16.6%
FY2022-23
16.5%
FY2023-24
16.8%
FY2024-25
17.0%
FY2025-26
17.3%

ROCE Trajectory

FY2017-18
N/A
FY2018-19
N/A
FY2019-20
N/A
FY2020-21
N/A
FY2021-22
N/A
FY2022-23
27.9%
FY2023-24
21.6%
FY2024-25
22.6%
FY2025-26
21.9%

Earnings Quality

No persistent gap detected

Net Profit CAGR 6.81% vs CFO CAGR -7.55% over 4.0y (2022-03-31 → 2026-03-31); most recent year: Net Profit +9.43% vs CFO -34.22%

Sector-Relative Percentile

Sector · Information Technology
ROE 50th percentile Better than 13 of 26 sector peers (50th percentile).
ROCE 35th percentile Better than 9 of 26 sector peers (35th percentile).
Debt/Equity 19th percentile Better than 5 of 26 sector peers (19th percentile).
P/E 62th percentile Better than 16 of 26 sector peers (62th percentile).
Forensic accounting

Beneish M-Score

Eight year-over-year accounting indices (Beneish, 1999) computed for MphasiS Ltd. across its two most recently stored annual filings. Read the disclosures below before anything past this paragraph.

This is not an accusation and not a finding that any manipulation occurred. Beneish's own paper is explicit that the score identifies companies whose accounting CHARACTERISTICS resemble those of a sample of past manipulators -- nothing more. StockProof never labels a company "manipulator", "red flag" or "suspicious", and never shows any list of companies ordered by this score. The eight components below -- factual statements about figures the company itself filed -- always come before the composite number, which is the inference, not the fact.

The M-Score is calibrated on 74 US-listed companies from 1982-1992 later found to have manipulated earnings (Beneish, M. D. (1999), "The Detection of Earnings Manipulation", Financial Analysts Journal 55(5)) -- not on any Indian company or era. Measured on StockProof's own Nifty 500 universe as of 2026-09-02, 13.6% of companies score above Beneish's own published cutoff. On any realistic base rate of actual earnings manipulation, that flag rate is overwhelmingly false positives, not overwhelmingly real ones.

No "Selling, General & Administrative Expense" element exists anywhere in NSE's filed data. The SGAI component below is approximated as Employee Benefit Expense + Other Expenses, divided by revenue -- a reasonable stand-in for a manufacturer, but for a services company this proxy is closer to the entire cost base than to SG&A specifically. This is disclosed because it is a genuine deviation from Beneish's published specification; its coefficient (-0.172) is the smallest of the eight, which bounds how far the approximation can move the composite.

This measures something different from a financial-distress score like Altman's Z-Score, and the two essentially never agree. Measured on StockProof's own 389-company overlap as of 2026-09-02: only 5 companies were flagged by both, an agreement rate (intersection ÷ union) of 6.2%, and a correlation between the two scores of +0.088 -- closely matching the independently measured +0.092 over 3,242 Malaysian-listed companies. A low Z-Score and a high M-Score are not corroborating each other; they are unrelated measurements.

Comparing FY2024-25FY2025-26

Index Value Beneish's own threshold Reading, vs. that threshold
DSRI — Days' Sales in Receivables Index 1.323 1.031 Exceeds Beneish's published threshold
GMI — Gross Margin Index N/A 1.014 The derived gross margin for 2026-03-31 (100.0%) is a degenerate (≥95%) reading, typical of a services filer with little or no tagged material/inventory cost -- GMI is not computable, not clamped to a plausible range.
AQI — Asset Quality Index 1.101 1.039 Exceeds Beneish's published threshold
SGI — Sales Growth Index 1.116 1.134 Below Beneish's published threshold
DEPI — Depreciation Index 0.495 1.077 Below Beneish's published threshold
SGAI — SG&A Index 0.998 1.041 Below Beneish's published threshold
LVGI — Leverage Index 1.132 1.111 Exceeds Beneish's published threshold
TATA — Total Accruals to Total Assets 0.034 0.018 Exceeds Beneish's published threshold

Composite M-Score not computable — 1 of 8 indices could not be computed from the data on file (GMI), and the M-Score is a single weighted equation -- dropping a term would yield a different, uncalibrated score rather than a smaller valid one, so no composite is shown. The components that WERE computable are still shown individually below.

Financials

Quarterly trend

10 stored quarters

Revenue Net Profit Net Profit (loss quarter)
Metric (to shareholders basis) Q4 FY2023-24 Q1 FY2024-25 Q2 FY2024-25 Q3 FY2024-25 Q4 FY2024-25 Q1 FY2025-26 Q2 FY2025-26 Q3 FY2025-26 Q4 FY2025-26 Q1 FY2026-27 Source
Revenue ₹3,412.05 Cr. ₹3,422.46 Cr. ₹3,536.15 Cr. ₹3,561.34 Cr. ₹3,710.04 Cr. ₹3,732.49 Cr. ₹3,901.91 Cr. ₹4,002.58 Cr. ₹4,242.67 Cr. ₹4,384.05 Cr. RevenueFromOperations
Net Profit ₹393.22 Cr. ₹404.51 Cr. ₹423.33 Cr. ₹427.81 Cr. ₹446.49 Cr. ₹441.70 Cr. ₹469.07 Cr. ₹442.19 Cr. ₹509.64 Cr. ₹489.51 Cr. ProfitOrLossAttributableToOwnersOfParent
Basis

Primary figures are Revenue from Operations and Net Profit attributable to shareholders — the basis the ratios use. Where they differ, the companion Gross revenue (incl. inter-segment) and incl. minority net profit (the totals a news headline usually quotes) are shown beneath, each traceable to its own XBRL element. Quarters shown are however many are actually stored (up to 10).

Ownership

Shareholding pattern

Latest filing Jun 2026 · 12 filings on file

Promoter & Promoter Group
30.54%
Public
69.46%
Employee Trusts
0.00%
Promoter % Public %
Metric Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter & Promoter Group 55.57% 55.52% 55.45% 40.35% 40.32% 40.23% 40.14% 40.10% 40.10% 30.59% 30.55% 30.54%
Public 44.43% 44.48% 44.54% 59.65% 59.65% 59.77% 59.86% 59.89% 59.90% 69.40% 69.45% 69.46%
Employee Trusts 0.00% 0.00% 0.01% 0.00% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Source

Promoter vs. public shareholding, from NSE's own quarterly shareholding-pattern filings. This is the headline promoter/public split only — a further breakdown by FII/DII/mutual fund holders requires each filing's own detailed disclosure and isn't shown here.

Trading activity

Delivery volume

20 trading days shown

Latest (2026-09-22) 58.5%
Trailing 20-day average 49.3%
Date Traded Qty Delivery Qty Delivery %
2026-09-22 506297 296327 58.53%
2026-09-21 206512 78831 38.17%
2026-09-18 650262 357904 55.04%
2026-09-17 261279 112663 43.12%
2026-09-16 158994 66072 41.56%
2026-09-15 1176828 396590 33.70%
2026-09-11 184932 81956 49.53%
2026-09-10 454003 297529 65.53%
2026-09-09 288892 126632 43.83%
2026-09-08 346120 194198 56.11%
2026-09-07 382610 148901 38.92%
2026-09-04 160732 59997 37.33%
2026-09-03 408569 254231 62.22%
2026-09-02 900566 612169 67.98%
2026-09-01 932222 404955 43.44%
2026-08-31 354361 197276 55.67%
2026-08-28 956656 633545 66.22%
2026-08-27 136275 59060 43.34%
2026-08-26 378910 212622 56.11%
2026-08-25 78365 22920 29.25%
Source

Delivery quantity/percentage from the NSE bhavcopy (DELIV_QTY/DELIV_PER) — the share of that day's traded volume that actually settled into a demat account, rather than being squared off intraday. A higher delivery percentage is commonly read as genuine accumulation/distribution rather than speculative same-day trading; this describes recent trading PATTERN, not the company itself, and is not a recommendation to buy or sell. A blank cell is a day NSE itself published no figure for, never a zero.

Insider trading activity

20 disclosures shown

Disclosed Person Category Type Mode Quantity Value (₹) Resulting stake Source
20 Nov 2025 BCP TOPCO IX PTE LTD Promoters Sell Market Sale 18000000 47260650600 30.62% XBRL
03 Sep 2025 GAURAV GUPTA Employees/Designated Employees Sell Market Sale 425 1238968 0.00% XBRL
03 Sep 2025 Eric Winston Employees/Designated Employees Sell Market Sale 6000 17600940 0.01% XBRL
18 Jun 2025 ANIL SANAN Employees/Designated Employees Buy ESOP 2288 1487200 0.03% XBRL
11 Jun 2025 Manikantan T Employees/Designated Employees Sell Market Sale 300 800700 0.00% XBRL
10 Jun 2025 Manikantan T Employees/Designated Employees Sell Market Sale 1500 3921495 0.00% XBRL
16 May 2025 Manikantan T Employees/Designated Employees Sell Market Sale 2000 5191500 0.00% XBRL
15 May 2025 Nitin sathawane Employees/Designated Employees Buy ESOP 2863 1860950 0.00% XBRL
15 May 2025 Nitin Rakesh Director Buy ESOP 66755 33377500 0.18% XBRL
12 May 2025 Pavan Kumar Goyal Employees/Designated Employees Sell Market Sale 4680 11676600 0.00% XBRL
24 Mar 2025 UDAYABHANU TANGALAMUDI Employees/Designated Employees Buy ESOP 2103 1978923 0.00% XBRL
19 Mar 2025 ELANGO R Employees/Designated Employees Buy ESOP 17403 11743740 0.06% XBRL
05 Feb 2025 YESHWANTH SUBRAMANIAN Employees/Designated Employees Buy ESOP 8669 4508950 0.01% XBRL
05 Feb 2025 RAHUL WADDEHRA Employees/Designated Employees Buy ESOP 2800 1584950 0.00% XBRL
05 Feb 2025 Nitin Rakesh Director Buy ESOP 84790 45968450 0.26% XBRL
05 Feb 2025 Albertus Martinus Hooyman Employees/Designated Employees Buy ESOP 2724 1464750 0.00% XBRL
05 Feb 2025 Shreerekha Vijayalakshmi Employees/Designated Employees Buy ESOP 7295 3939268 0.01% XBRL
05 Feb 2025 Indranil Roy Employees/Designated Employees Buy ESOP 23847 12752145 0.01% XBRL
05 Feb 2025 Anup Sukumar Nair Employees/Designated Employees Sell Market Sale 6000 16910760 0.00% XBRL
31 Jan 2025 ANURAG JAIN Employees/Designated Employees Sell Market Sale 1000 3007000 0.00% XBRL
About these disclosures

SEBI PIT (Prohibition of Insider Trading) Regulation 7 disclosures — designated persons (promoters, directors, KMPs, and their immediate relatives) reporting their own dealing in the company's securities, as NSE publishes them. Distinct from the SAST (Regulation 29 substantial-acquisition) filings on the market-wide SAST activity page. Public record only — this is descriptive disclosure data, not a signal, and is not a recommendation to buy or sell.

Filings & evidence

Source documents

FY2025-26 · Annual filing

The raw filing line items behind the figures on this page, and NSE's own filing document where NSE publishes one.

Source document — income statement (FY2025-26, raw filing line items)
Line itemFiled value
ProfitOrLossAttributableToOwnersOfParent18626020000.0
PaidUpValueOfEquityShareCapital ÷ FaceValueOfEquityShareCapital190827000.0
Source document — balance sheet (FY2025-26, raw filing line items)
Line itemFiled value
CurrentAssets82670790000.0
CurrentLiabilities60095500000.0
EquityAttributableToOwnersOfParent107437120000.0
BorrowingsCurrent + BorrowingsNoncurrent17928850000.0
Research notes

My notes