Mphasis Ltd Q3 FY25 Results & Concall Highlights: Revenue, Margins & Order Book
Published 14 Jun 2026 | IT - Software | Market Cap: ₹48.6K Cr
Expected to be above industry average growth for FY25, with industry growth around 4.5% to 5%. Q4 FY25 expected to be the strongest quarter in the last three years from a sequential growth perspective.
From Mphasis Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.
Price
₹2,430
Market Cap
₹48.6K Cr
P/E Ratio
25.1
How does Mphasis Ltd rank in IT - Software?
Compare Mphasis Ltd against every IT - Software company this quarter on revenue, margins and earnings-call signals.
Mphasis Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹4.2K Cr, net profit ₹510 Cr.
Full financials →📊 Revenue & Sales Performance
- →Expected to be above industry average growth for FY25, with industry growth around 4.5% to 5%.
- →Q4 forecasted to be the best quarter in last three years from a sequential growth perspective.
- →Broad-based pipeline growth driven by large deal opportunities, especially in BFS and TMT verticals.
- →Strong TCV (Total Contract Value) wins and improvement in TCV to revenue conversion expected.
- →Focus on expanding wallet share in existing accounts, winning new accounts, and growing new verticals like Insurance.
- →Growth driven by tech-led offerings, AI archetypes adoption, and strategic deal wins.
- →Portfolio remains stable with minor seasonal impacts; continuous pipeline conversion efforts.
- →Long-term view includes diversification across verticals, geographies, and services targeting sustainable growth.
📈 Profitability & Margins
- →Q4 FY25 expected to be the strongest quarter in the last three years from a sequential growth perspective.
- →Pipeline momentum and TCV conversions are improving, supporting growth.
- →Full-year FY25 growth is expected to be above industry average (~4.5%-5%).
- →EPS for Q3 FY25 was INR 22.6, showing 1% sequential and 14.1% YoY growth.
- →Operating profit grew 0.2% sequentially and 9.7% YoY in Q3 FY25.
- →EBIT margins remain stable within the targeted 14.6% to 16% band.
- →Strong operating cash flow generation continues (e.g., $55Mn in Q3, 110% of net income).
- →Firm focus on pipeline to TCV and TCV to revenue conversion to sustain growth momentum.
- →Investments to continue in capabilities, GTM, and large-deal constructs to support longer-term growth.
🏗️ Capital Expenditure Plans
- →Significant investment in Go-To-Market (GTM), including talent acquisition.
- →Appointment of Mike Meyer as Head of Strategic Engagements to spearhead strategic deals and pipeline development.
- →Inauguration of a Cyber Fusion Center in Bangalore, a state-of-the-art facility for enhancing cybersecurity solutions.
- →The Cyber Fusion Center provides 24/7 advanced threat detection, incident response, continuous threat monitoring, leveraging AI, ML, and automation.
- →The center aims to improve efficiency in responding to cyber threats by over 50% and reduce attack surface by 45%.
- →Investments support growth initiatives, strategic deals, and technology-led offerings, focusing on digital transformation and AI capabilities.
💰 Fundraising & Capital Structure
📋 Order Book & Pipeline
- →The company sees visible momentum in pipeline conversions.
- →Expect to be above industry growth for the full year, fueled by improving TCV to revenue conversion and strong TCV wins.
- →Pipeline is broad-based with large deals spread across all verticals, including Logistics & Transportation.
- →There is good deal activity and deal pipeline visibility across verticals that need attention.
- →Large deals activity has increased to 3-5 deals per quarter, with average deal size gradually increasing.
- →Multi-year large deals, such as a $100Mn new Banking deal, indicate a growing and active order book.
- →Management will continue to update on pipeline and deal progress as situations evolve, with no fixed timelines for vertical bottoming or order book growth due to deal-dependent variability.
Key Metrics
Frequently Asked Questions
What were Mphasis Ltd Q3 FY25 results?
Expected to be above industry average growth for FY25, with industry growth around 4.5% to 5%. Q4 FY25 expected to be the strongest quarter in the last three years from a sequential growth perspective.
What is Mphasis Ltd share price analysis?
Mphasis Ltd currently shows a neutral. The stock trades at a P/E of 25.1 with a market cap of ₹48,578 Cr. Investors should review the full earnings analysis for detailed insights.
Is Mphasis Ltd planning capital expenditure?
Significant investment in Go-To-Market (GTM), including talent acquisition.
Keep Mphasis Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.