Mphasis share price today

Mphasis Ltd's share price was ₹2,468.40 at the close on 4 November 2026. It has been falling for 36 weeks. That is 2.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹2,083 and ₹2,954, and at that close it sat 44% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Mphasis Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 14 weeks in a row.

Over the last 11 years the share price moved +451% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: promoters cut their stake for 4 quarters in a row, revenue up on a year earlier for 10 quarters in a row and profit up on a year earlier for 9 quarters in a row.

1. Promoters cut their stake for 4 quarters in a row

   From 40.1% to 30.5% of the company by the September 2026 quarter.

2. Revenue up on a year earlier for 10 quarters in a row

   In the June 2026 quarter revenue was ₹4,384 crore, +17.5% on a year earlier.

   Why: Revenue rose because recent deal wins started bringing in money, especially in technology and telecom.

   Next results: check whether the next quarter's growth is the best in three years and whether the record set of possible deals turns into sales.

   From the earnings call on 24 Jul 2026.

3. Profit up on a year earlier for 9 quarters in a row

   In the June 2026 quarter profit was ₹490 crore, +10.9% on a year earlier.

   Why: Profit rose because recent deal wins started bringing in money, especially in technology and telecom.

   Next results: check whether margins start to recover as staff get busier and the cost of bought contracts eases.

   From the earnings call on 24 Jul 2026.

For April to June 2026 (the quarter ended 30 June 2026), Mphasis reported revenue of ₹4,384 crore, up 17.5% from ₹3,732 crore a year earlier, and a profit of ₹490 crore, up 10.9% from ₹442 crore.

Mphasis results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Mphasis' management discussed these results on a call held on 24 July 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Mphasis closed at ₹2,468.40 on 4 November 2026, down 9.8% from ₹2,736.00 a year earlier (7 November 2025) and down 25.6% over five years. Its highest weekly close since March 2016 was ₹3,396.70 on 31 December 2021.

Mphasis share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Mphasis closed at ₹2,468.40, down 2.3% on the week and up 9.7% on the month. 24 Jul 2026: Mphasis held its results call for April to June 2026. Management guided: Q2 constant-currency growth to be the best sequential performance delivered in 3 years.

Earlier

• 8 Jul 2026: ex-date for a dividend of ₹62 a share.
• Results for April to June 2026: Revenue up 17.5% and profit up 10.9% on a year earlier.

Mphasis paid ₹62 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 2.51% at the ₹2,468.40 close on 4 November 2026. The last was a dividend of ₹62 a share, ex-date 8 July 2026.

Mphasis dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Mphasis Ltd paid out 64% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 24 July 2026, Mphasis' management guided: Q2 constant-currency growth to be the best sequential performance delivered in 3 years.

“FY27 is the year where the platform-first thesis begins to show up in the growth trajectory, not just in pipeline metrics”Nitin Rakesh, on the call for April to June 2026

What management guided

• FY27 constant-currency growth to remain in the high single-digit to low double-digit range.
• FY27 EBIT margin to remain within 14.8-15.8%.
• FY27 operating cash-flow conversion to remain at 80.0% and above.
• DSO to progressively improve through the remainder of FY27.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 24 July 2026.

When Mphasis reports July to September 2026, these are the 3 checks that show whether the story is still on course. First: Q2 constant-currency sequential growth should be the best Mphasis has delivered in 3 years, testing whether the record pipeline is converting into the guided acceleration.

Mphasis is on 5 of our India lists: Momentum stocks, Dividend stocks, Small & mid cap stocks, AI & data centre stocks and IT stocks.

Mphasis Ltd earned ₹490 Cr of net profit in the Jun 2026 quarter, +10.9% on the same quarter a year earlier. That is the 9th quarter in a row of profit growth. Full-year FY26 profit was ₹1,863 Cr. Over 10 years profit has grown 11.4% a year on average. That is 11.2% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹442 Cr.

For the full year, FY26 profit was ₹1,863 Cr (+9.5% on the year before).

Why profit moved: revenue changed +17.5% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +9.8% and revenue +13.7%. Profit is growing slower than sales: rising costs are taking part of the growth.

Mphasis Ltd reported ₹4,384 Cr of revenue in the Jun 2026 quarter, +17.5% on the same quarter a year earlier. That is the 10th quarter in a row with growth on the year before. Over 10 years it has grown 10.1% a year on average. The last full year, FY26, came in at ₹15,880 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹16,532 Cr.

FY26 revenue was ₹15,880 Cr, +11.6% on the year before.

Recent pace: the last four quarters grew +13.7% on average, against 10.1% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +13.7%, against +10.9% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +9.9%, against +10.5% a year (stabilising).

Mphasis Ltd's operating margin was 18.0% in the Jun 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between 14.0% and 19.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −0.7 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

Over the last 3 years, 104% of Mphasis Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,253 Cr of operating cash against ₹1,863 Cr of profit. After ₹1,209 Cr of spending on assets, ₹44.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 104% of profit came in as cash: the cash cycle got 61 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 2.6× depreciation over three years. The next section checks what that spending is building.

Mphasis Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 96 days in FY26, up from 35 days in FY21. It spent ₹3,784 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹15,880 Cr, each day of that cycle ties up about ₹43.5 Cr, so roughly ₹4,177 Cr is tied up in the business at any time.

Spending on assets: ₹3,784 Cr over the last 3 years, against ₹1,441 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Mphasis Ltd's P/E is 24.3×, in the middle of its own history: higher than 54% of past readings. Its usual P/E (the middle reading) is 23.6×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹100.22.