NSE: MPHASIS | BSE: 526299

Strong Performer, Getting Expensive

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2915.20 -2.50 (-0.09%)

42.58% Gain from 52W Low

41,147 NSE+BSE Volume

NSE 26 Aug, 2025 9:53 AM (IST)

55,411.2

Market Cap

High in industry

1.4

Beta 1Year

Very 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.

MphasiS Ltd.

15 Nov 2019

2915.20

-0.09%

Mphasis (ADD): Cut to ADD on HP/DXC channel uncertainty

Buy: MphasiS Ltd.

Target

BOB Capital Markets Ltd.

Mphasis' (MPHL) Q2FY20 revenue at US$ 306mn met estimates, marked by strong traction in the direct channel business.

Geojit BNP Paribas downgraded MphasiS Ltd. to Accumulate with a price target of 3113.0 on 21 Aug, 2025.

MphasiS Ltd.

16 Sep 2019

2915.20

-0.09%

Mphasis Ltd.

Hold: MphasiS Ltd.

ICICI Securities Limited

MphasiS Ltd. is trading above all available SMAs

MphasiS Ltd.

14 Aug 2019

2915.20

-0.09%

Mphasis Ltd: Tepid Q1, New Deal Wins to Drive Revenues Ahead

Buy: MphasiS Ltd.

Target

Karvy

Tepid Q1, New Deal Wins to Drive Revenues Ahead: In Q1FY20, consolidated gross revenues grew 0.7% sequentially (Rs. 20607 Mn). In constant currency terms (CC), revenues were up 2.0% QoQ.

MphasiS Ltd. is trading above all available SMAs

MphasiS Ltd.

13 Aug 2019

2915.20

-0.09%

Analyst Meet Update

Accumulate: MphasiS Ltd.

Prabhudas Lilladhar

We attended Mpahsis analyst meet where the management highlighted the key growth drivers in direct core & new growth areas in the DXC/HP Channel. Mpahsis management mentioned that speed, flexibility, domain expertise, scalability, solution architecting, strong eco system of alliance partners is helping them to drive sustainable growth. Mpahsis has developed core capabilities in sub-verticals especially in BFSI, where regardless of industry weakness in the segment management maintains its strong outlook for the same. Mpahsis is more focused in wealth management & mortgage services...

MphasiS Ltd. has an average target of 2878.40 from 5 brokers.

MphasiS Ltd.

12 Aug 2019

2915.20

-0.09%

Mphasis (BUY): Analyst meet takeaways: Staying agile amid structural demand shift

Buy: MphasiS Ltd.

BOB Capital Markets Ltd.

Mphasis (MPHL), at its analyst meet, highlighted its constant strategic adaption to stay aligned with the changing technology demands of clients.

MphasiS Ltd. has an average target of 2878.40 from 5 brokers.

MphasiS Ltd.

27 Jul 2019

2915.20

-0.09%

Mphasis (1QFY20): Growth vectors intact. Maintain BUY

Buy: MphasiS Ltd.

Target

HDFC Securities

Following the strong recovery in DXC-HP channel over FY18-19 (22% CAGR), growth is now expected to be driven by Direct Core even as DXC-HP is expected to continue low double-digit' growth. We remain positive on Direct Core based on (1) Strong deal trends (net-new TCV up 15% QoQ), (2) Hyper growth opportunity in Blackstone portfolio (5% of Direct Core rev), (3) Strong new client additions as well as uptick in large accounts (top-5). Expect USD rev/EPS to grow at 12/13% over FY19-22E. We maintain BUY on Mphasis following an in-line 1Q. Growth drivers in the Direct Core channel (key to our optimism) are intact and sustainable. Mphasis is the most attractively valued midcap IT stock in India (13x FY21E). Our TP of Rs 1,310 values it at 18x Jun-21E EPS.

MphasiS Ltd. is trading above all available SMAs

MphasiS Ltd.

27 Jul 2019

2915.20

-0.09%

Core momentum intact; risk-reward favorable

Buy: MphasiS Ltd.

Recommendation Target

Motilal Oswal

Steady revenue; margins correct due to out-of-turn hikes: MPHL's 1QFY20 USD revenue grew 11% YoY (+1.8% QoQ; our estimate: 12.3% YoY/3.5% QoQ) to USD297m, EBIT increased 6% YoY to INR3,193m (in-line) and PAT was up 2.5% YoY (our estimate: -1.4% YoY) to INR2,647m. In CC terms, revenue growth stood at 2.0% QoQ (our estimate: +3.6% QoQ). EBIT margin...

MphasiS Ltd. is trading above all available SMAs

MphasiS Ltd.

27 Jul 2019

2915.20

-0.09%

Mphasis (BUY): In-line operating performance

Buy: MphasiS Ltd.

BOB Capital Markets Ltd.

Mphasis' (MPHL) Q1FY20 revenue at US$ 297mn met expectations, marked by balanced growth in both direct and DXC/HP channels.

MphasiS Ltd. is trading above all available SMAs

MphasiS Ltd.

26 Jul 2019, 12:00AM

2915.20

-0.09%

Q1FY20 Result Update

Accumulate: MphasiS Ltd.

Target

Prabhudas Lilladhar

Mpahsis reported revenue growth of 1.8% in dollar terms at $297mn (Ple: Change in Estimates | Target | Reco $300mn) & cc growth of 2% QoQ (Ple:3.0%). De-growth in insurance & ICE led to slight miss on revenues. EBIT margins declined by 34 bps sequentially...

MphasiS Ltd. is trading above all available SMAs

MphasiS Ltd.

01 Jul 2019

2915.20

-0.09%

Mphasis (BUY): DXC interaction lends clarity on growth prospects

Buy: MphasiS Ltd.

BOB Capital Markets Ltd.

DXC interaction lends clarity on growth prospects Our recent interaction with DXC Technology (DXC: Not Rated) offered clarity on its subcontracting and vendor relation strategies, and in turn on growth prospects for Mphasis (MPHL). DXC's cost optimisation drive entails the consolidation of third-party subcontractors into fewer strategic vendors. MPHL is well placed to benefit post investments to elevate its engagement with DXC from supplier to strategic service partner. We continue to like MPHL for its unique...

MphasiS Ltd. has an average target of 2878.40 from 5 brokers.

Is MphasiS Ltd. worth buying?

247 Votes:

Buy 78.95%

Sell 12.15%

Hold 8.91%

RESEARCH REPORTS

Accumulate SEE REPORTS >

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Accumulate SEE REPORTS >

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