NSE: MPHASIS | BSE: 526299

Mid-range Performer

Download real time

2122.20 -9.90 (-0.46%)

Near 52W Low of ₹2030.50

94,785 NSE+BSE Volume

NSE 27 Mar, 2026 10:02 AM (IST)

40,338.1

Market Cap

High in industry

Beta 1Year

High Volatility

MphasiS Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for MPHASIS, BSE:526299 MphasiS Ltd.

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MphasiS Ltd.

26 Mar 2026, 12:00AM

2122.20

-0.46%

The Nifty IT index has witnessed a sharp correction over the past few months, declining ~25% YTD, primarily driven by rising concerns around the potential impact of Generative AI (Gen AI) on the long-term business model of IT services companies, along with macro and geopolitical uncertainties. Large-cap and midcap IT stocks have corrected meaningfully despite relatively stable operating performance and continued deal wins, as investors reassess near-term growth...

Mutual Funds have increased holdings from 24.41% to 30.66% in Dec 2025 qtr.

MphasiS Ltd.

07 Mar 2026

2122.20

-0.46%

MPHASIS BFL LTD

Accumulate: MphasiS Ltd.

Target

Geojit BNP Paribas

Mphasis' earnings remained resilient in Q3FY26, marked by continued momentum in strategic deal wins and robust execution across its core verticals. The quarter was supported by strong pipeline conversion, successful ramp-up of large deals and...

MphasiS Ltd. has an average target of 2902.83 from 6 brokers.

MphasiS Ltd.

23 Feb 2026

2122.20

-0.46%

Core execution steady amid AI uncertainty

Buy: MphasiS Ltd.

Target

Motilal Oswal

We met with the CFO of Mphasis to discuss AI, demand trends, large deals, and the balance sheet. Management’s key message was that the current AI debate is running ahead of business reality.

Promoters have decreased holdings from 40.10% to 30.59% in Dec 2025 qtr

MphasiS Ltd.

23 Jan 2026

2122.20

-0.46%

Mphasis Ltd.

Buy: MphasiS Ltd.

Target

ICICI Direct

Q3FY26 Performance: Mphasis reported revenues of US$ 451 mn, up 1.4% QoQ/ 7.6% YoY (up 1.5% QoQ/7.4% YoY in CC terms). Direct Revenue (97.9% of the mix) grew 1.9% QoQ/ 9.6% YoY in CC terms. Reported EBIT margin at 15.2%, was down ~6 bps QoQ/ ~11 bps YoY. Adjusted PAT (ex-one off from new labour code) stood...

Number of FII/FPI investors increased from 699 to 728 in Dec 2025 qtr.

MphasiS Ltd.

23 Jan 2026

2122.20

-0.46%

Mphasis (HOLD): Revenue growth in the middle of the Tier-2 set

Hold: MphasiS Ltd.

Recommendation Target

BOB Capital Markets Ltd.

Broadly in-line performance in 3Q. Likely to have a robust 4Q exit QoQ. Likely high single digit USD growth in FY26. >2x Industry rate

Promoters have decreased holdings from 40.10% to 30.59% in Dec 2025 qtr

MphasiS Ltd.

22 Jan 2026

2122.20

-0.46%

A steady quarter

Buy: MphasiS Ltd.

Recommendation Target

Motilal Oswal

Mphasis’s (MPHL) 3QFY26 revenue rose 1.5% QoQ in Constant Currency (CC), largely in line with our estimate of 1.3% QoQ CC. Direct revenue rose 1.9% QoQ CC and 9.6% YoY CC.

MphasiS Ltd. has an average target of 2902.83 from 6 brokers.

MphasiS Ltd.

01 Nov 2025

2122.20

-0.46%

Mphasis (SELL): 2x Industry growth likely in FY26. But lags Tier-2 leaders

Sell: MphasiS Ltd.

Recommendation Target

BOB Capital Markets Ltd.

The likely loss of a top 5 customer (in the logistics space) has impacted growth but offset to an extent by BFSI and Technology verticals

Number of FII/FPI investors increased from 699 to 728 in Dec 2025 qtr.

MphasiS Ltd.

31 Oct 2025

2122.20

-0.46%

Mphasis Ltd.

Buy: MphasiS Ltd.

Recommendation Target

ICICI Direct

Q2FY26 Performance: Mphasis reported revenues of US$ 445 mn, up 1.8% QoQ/ 3.6% YoY (up 2% QoQ/6% YoY in CC terms). Direct Revenue (97.5% of the mix) 2.2% QoQ/ 7.9% YoY in CC terms. The EBIT margin at 15.3%, was flat QoQ/ down ~10 bps YoY. PAT came at 469 crore (up 6.2% QoQ/ 10.8% YoY). It won a broad based...