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Mphasis Research Tear Sheet Q4 FY 2022

Mphasis Limited is an Indian multinational company. It mainly deals with information technology services and consulting. It was founded in 1998. The company is located in
Bangalore, Karnataka, India. Mphasis has delivery centers in India, China, Australia, North America, UK, Japan, Singapore, Indonesia, Tunisia, Mauritius, New Zealand, Taiwan, Mexico, Costa Rica,Taiwan and Europe. In India it has its operations in Bangalore, Chennai, Pune, Hyderabad, Mumbai, Noida and Mangalore. The shares are traded both on BSE & NSE.

Key Financial Highlights

`Rs Million31-Mar-2231-Mar-21
Gross Revenues1,18,61196,920
Net Revenues1,19,61497,223
Gross profit32,78527,613
Operating profit18,26915,611
Net profit14,30912,168

Standalone Highlights

Gross Revenue grew 4.8% QoQ and 29.6% YoY to INR 32.4 billion.

Direct revenue improved by 5.2% QoQ and 40.7% YoY on a reported basis to INR 30.2 billion.

Net profit grew 9.6% QoQ and 23.7% YoY to INR 3,921 million in Q4 FY22.

For Q4 FY 2022 EPS grew 9.4% QoQ and 23.2% YoY to INR 20.9.

Consolidated Highlights

ForFY22 revenue  improved by 2.4% YoY on a reported basis and 21.2% in Constant Currency basis to INR 118.6 billion.

Direct revenue increased by 35.7% YoY on a reported basis and 34.4% in Constant Currency to INR 108.9 billion.

Net profit  shows an improvement in growth of  17.6% to INR 14,309 million in FY22.

EPS improved by 17.2% to INR 76.4 in FY22.

Net Margin shows decline of 50 bps to 12.0% in FY22.

Business Updates

Won new deals with TCV of USD 347 million in Q4 FY22.

Mphasis has partnered with One of America’s largest banks for modernization and public cloud (AWS) acceleration.

Mphasis has entered into strategic partnership  with One NewCo for a three year managed services engagement.

Mphasis has partnered with a leading insurance brokers in the UK to accelerate cloud adoption for their IT operations.

Mphasis has entered into a partnership with  CrossTower to accelerate Web 3.0 and Blockchain technologies.

Simplilearn a global digital training provider has entered in  partnership with Mphasis to train campus hires on Java Full Stack Development skills.

Mphasis has appointed Dave Cassie as new country head Canada.

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