MPS Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for MPSLTD, BSE:532440 MPS Ltd.

MPS Ltd.

19 Nov 2019

2010.10

-0.33%

MPS Ltd.

Sell: MPS Ltd.

ICICI Securities Limited

Although the company's revenues have grown at 12.1% CAGR in FY16-19, we believe majority of growth is from acquisition. We believe the organic growth has been below 5% in FY16-19 mainly due to the subdued performance of the content solution business. The content solution business (accounts for 64% of total topline) has declined at 3.2% CAGR in FY17-19. In addition, the market in which MPS operates is fragmented and publishing outsourcing vendors are not price settlers but are compensated by volumes, which also keep revenue growth under check. Further, higher client...

MPS Ltd. has an average target of 2858.00 from 1 broker.

MPS Ltd.

19 Jan 2019

2010.10

-0.33%

MPS' Q3FY19 results were slightly below our estimates with flat revenues on a CC basis vs...

Buy: MPS Ltd.

Recommendation Target

Emkay

We believe FY20/FY21E would be the key year for EBIT/Organic growth revival for the business. In our view, although the transition period is long, but as it endures through this the growth profile of the business should improve significantly led by strong evolving enterprise learning business. Given strong management track record on turnarounds and attractive valuations, we maintain our Buy rating on the stock with a TP of Rs740 per...

MPS Ltd. is trading below all available SMAs

MPS Ltd.

26 Apr 2018

2010.10

-0.33%

MPS announced acquisition of Tata Interactive Systems (TIS), e-learning services provider...

Accumulate: MPS Ltd.

Target

Emkay

TIS is a wholly owned subsidiary of Tata Industries and has three decade expertise in the corporate learning business with revenues of about Rs1.4bn (FY17) with elite clientele (70 Fortune 500 companies) spread across Europe and India. traction for FY19 and FY20 significantly. Post-acquisition MPS would emerge as strong challenger in the fast-growing enterprise learning outsourcing business. We have upgraded our Revenue/earnings estimates post this event and now expect MPS to deliver 33%/19% CAGR over FY18-20e respectively. We upgrade our Rating on the stock to BUY with TP of Rs840 per share (valued at 15x FY20e earnings)....

MPS has lost -25.21% in the last 6 Months

MPS Ltd.

23 Jan 2018

2010.10

-0.33%

MPS Ltd's Q3FY18 performance was affected by continued sluggishness, owing to delayed pro...

Accumulate: MPS Ltd.

Target

Emkay

rethink, as MPS is exiting several non-profitable deals in the acquired Mag+ business. We believe that once MPS resolves the aforementioned issues, it would be in a position to deliver strong double-digit organic growth in FY19E, which along with its efficient cost management would drive OPM gains. We maintain our ACCUMULATE rating with a TP of Rs680 (valued at 14.5x on FY20E earnings. Operating performance tad lower than estimates on marginal revenue miss MPS' Dec'17 quarter performance was a tad lower than our estimate on account of lowerthan-expected revenue while the OPM was in line with our expectation. The Platform Solutions business continued to register healthy double-digit growth (up 18% yoy; in line with...

MPS has lost -25.21% in the last 6 Months

MPS Ltd.

22 Jul 2017

2010.10

-0.33%

MPS Ltd: Moderate Topline Growth; Margins Impacted Due to St... (Jul 22, 2017)

Buy: MPS Ltd.

Karvy

Moderate Topline Growth; Margins Impacted Due to Stronger Rupee: MPS Ltd (MPSL) consolidated revenue impacted due to the stronger rupeeduring the quarter witnessing a YoY growth of 8.1% compared to revenue growth of 18.0% in the constant currency terms. In reported revenue terms, it registered Rs.669 Mn in Q1FY18 compared to Rs.619 Mn in Q1FY17.

Number of FII/FPI investors decreased from 79 to 59 in Sep 2025 qtr

MPS Ltd.

21 Jul 2017

2010.10

-0.33%

MPS Ltd: Moderate Topline Growth, Margins Impacted Due to St... (Jul 21, 2017)

Buy: MPS Ltd.

Target

Karvy

Moderate Topline Growth, Margins Impacted Due to Stronger Rupee:MPS Ltd (MPSL) consolidated revenue impacted due to the stronger rupee during the quarter witnessing a YoY growth of 8.1% compared to revenue growth of 18.0% in the constant currency terms. In reported revenue terms, it registered Rs.669 Mnin Q1FY18 compared to Rs.619 Mn in Q1FY17. The Content solution segment, highest contributor, degrew by -7.2% during the quarter to Rs. 523 Mn compared to Rs. 563 Mn in Q1FY17.

MPS has lost -25.21% in the last 6 Months

MPS Ltd.

12 May 2017

2010.10

-0.33%

MPS Ltd: Decent Topline Growth, Mag Plus Operational Cost & ... (May 12, 2017)

Buy: MPS Ltd.

Recommendation

Karvy

Decent Topline Growth, Mag Plus Operational Cost & Stronger Rupee Continue to Weigh on Margins: MPS Ltd (MPSL) consolidated revenue got impacted due to the strong rupee during the quarter witnessing a growth of 9.9% compared to revenue growth of 15.0% in the constant currency terms. In reported revenues terms, it cloaked Rs.716 Mn in Q4FY17 compared to Rs.652 Mn in Q4FY16. The Mag Plus acquisition continued to increase the geographical contribution from the North America at 60% andhelped the company to mitigate the high client concentration risk.

Number of FII/FPI investors decreased from 79 to 59 in Sep 2025 qtr

MPS Ltd.

30 Jan 2017

2010.10

-0.33%

MPS Ltd: Turnaround of recent acquisition (Mag Plus) under p... (Jan 30, 2017)

Hold: MPS Ltd.

Karvy

Turnaround of recent acquisition (Mag Plus) under process, EBITDA Margins continue to be dragged with moderate revenue growth: consolidated revenue grew at 16.0% during the quarter to Rs.800 Mn in Q3FY17 from Rs.690 Mn in Q3FY16 mainly due to the growth in dollar revenue. The contribution from the North America increased mainly on account of the Mag Plus acquisition and the US based customer contribution. Top 5 & 10 contributions composition has changed mainly on account of the increased in the clients numbersdue to the Mag Plus acquisition.

MPS Ltd. has an average target of 2858.00 from 1 broker.

MPS Ltd.

16 Jan 2017

2010.10

-0.33%

Pick of the week - MPS Ltd.

Buy: MPS Ltd.

HDFC Securities

BUY MPS Ltd at CMP Rs. 703 and add on Dips to Rs. 610 - 665 for the target of Rs. 830 - 950

MPS Ltd. is trading below all available SMAs

MPS Ltd.

10 Dec 2016

2010.10

-0.33%

MPS Ltd: Incremental Business Coupled with Inorganic Approac... (Dec 10, 2016)

Hold: MPS Ltd.

Recommendation Target

Karvy

Incremental Business Coupled with Inorganic Approach Continues to Drive Revenues: Consolidated revenues increased by 11.4% in H1FY17 mainly on accountof the Mag+ acquisition during the first half. The revenues for H1FY17 stood at Rs.1371 Mn compared to Rs.1231 Mn in H1FY16. EBITDA Margin decreasedin H1FY17 to 33.2% a drop of 222 basis points compared to H1FY16 at 35.4%. EBITDA for half year stood at Rs.455 Mn compared to Rs.436 Mn in H1FY16.

MPS Ltd. has an average target of 2858.00 from 1 broker.

Is MPS Ltd. worth buying?

91 Votes:

Buy 79.12%

Sell 10.99%

Hold 9.89%

RESEARCH REPORTS

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