Mphasis Share Price: Performance, History & Forecast

Mphasis Limited is a worldwide provider of information technology services. Major Silicon Valley companies all over the world use its application development and maintenance services, infrastructure outsourcing services, and business process outsourcing solutions.

Banking and Capital Markets, Insurance, Information Technology, Communication and Entertainment, and other emerging Industries are the company’s segments amongst which the services are primarily provided. Application maintenance is a service provided by the company for current customer software and is usually done on an annual basis. 

Inbound and outbound customer engagement programmes, such as technical product support, customer care, and associated services, are part of the Company’s Service/Technical Help Desk. Claims and mortgage processing, account opening and maintenance, data processing and management are all part of its transaction processing. The company is a Hewlett-Packard subsidiary (HP).

Current Performance of the Mphasis Company

The company’s annual revenue growth (CAGR) was15.14 percent which is now outperformed and has fixated on 23.0 per cent.

In the fiscal year ending March 31, 2022, the company spent less than 1% of its operating revenues on interest charges and 58.81 per cent on personnel costs. (Image courtesy of Consolidated Financials)

History of Mphasis Share Price

Mphasis Group, a global multicultural organisation based in Bengaluru, India, specialises in offering clients throughout the world with a portfolio of application development and maintenance services, infrastructure outsourcing services, and business and knowledge process outsourcing solutions. 

Mphasis Limited (MphasiS) was founded on the 10th of August, 1992. It was formed by the merger of MphasiS Corporation, a US-based IT consulting firm, and BFL Software Limited, an Indian IT services firm. Australia, Belgium, and Canada are all subsidiaries of the company. Other countries involved are France Germany India Mauritius Mauritius Mauritius Mauritius Mauritius Mauritius Mauritius Mauritius Mauritius Mauriti Philippines, Poland, Singapore, the United Kingdom, and the United States of America.

In the year 2000, the company renamed itself MphasiS BFL Limited and reorganised its operations. MphasiS partnered with BEA System in 2000 to develop financial solutions on the BEA E-Commerce Transaction Platform.

In the year 2002, the firm inked an agreement to purchase Navion (Shanghai) Software Development Company Ltd. MsourcE Corporation, a subsidiary of MphasiS BFL, had entered into a collaboration with the US Women’s Chamber of Commerce to provide the full range of customer care services (USWCC).

For the year 2007-08, NASSCOM put the organisation in the Top 20 IT Software and Service Exporter Top 15 BPO Rankings, as well as the Top 10 IT-BPO Employers. Hewlett Packard (HP) bought EDS in 2008. As a result, MphasiS became a Hewlett Packard subsidiary (HP). MphasiS stated on August 12, 2009 that it had achieved a binding agreement to purchase AIG Systems Solutions Pvt. Ltd. (AIGSS), a subsidiary of American International Group Inc.

In the Everest Group 2020 PEAK Matrixr Assessment for Open Banking IT Services, the organisation was acknowledged as a major contender. On November 19, 2020, the company acquired control of Datalytyx Limited and its subsidiaries (‘Datalytyx’) by purchasing 100 percent of its shares in cash through its wholly owned subsidiary Mphasis Consulting Limited. Datalytyx is a data engineering and consulting firm that specialises in next-generation data engineering, data operations, and master data management on the Snowflake and Talend platforms. The acquisition aims to boost the Group’s next-generation data strategy and develop skills that are relevant to its clients’ digital priorities. A share purchase agreement was used to complete the transaction, which cost GBP 11.55 million (Rs 1141.92 million).

Let’s take a look at Mphasis historical share price:

Mphasis Share Price NSE

As of 16 June 2022 at 13:08 Hours, the share price of MphasiS on NSE was as follows:

Mphasis Share Price BSE

As of 16 June 2022 at 13:08 Hours, the share price of MphasiS on BSE was as follows:

Management of Mphasis

Mphasis Company Location

Address – Bagmane Technology Park C V Raman Nagar Bengaluru,560093 India

Phone – 91 80 4004 4444

Fax – 91 80 4004 9999

E-mail: investor[dot]relations@mphasis[dot]com

Web – www[dot]mphasis[dot]com

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Mphasis Company Performance

MphasiS strives to provide long-term value to its workers, numerous shareholders, society, and consumers. In FY 2022, the company had a consolidated net sales of 7389.55 crores and an EBITDA of 1828.32 crores.

Rs (in Crores)

Mphasis Stock Returns 2021-22

Summary:

Mphasis Listings and Indices

Why Should You Invest in Mphasis?

Mphasis Limited has shown a tremendous monetary and revenue growth over the years. Its revenues has upscaled 135% in FY 2022. Meanwhile, the net income of the company surged 80 by 80 percent in the same year. As the market regulation and the brand image soars high on performance, the revenues mirror the demand for the company’s products and services. The data in this blog delves into the distinctive surge in the price of Mphasis share and hence proves to be good for investment or buying prospects.

FAQ’s about Mphasis Share Price