Mphasis Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Mphasis reported Q1 FY27 revenue of $471 million, up 2.1% sequentially and 8.3% YoY in constant currency, with net new TCV of $461 million marking the fifth consecutive quarter above $400 million. EBIT margin declined 60 bps sequentially due to ramp-up costs on new deal wins and TAP acquisition costs, while management pointed to strong pipeline growth including a shift toward AI-led deals. Management reiterated FY27 guidance of high single-digit to low double-digit constant currency growth and an EBIT margin band of 14.75% to 15.75%, while flagging Q2 as expected to deliver the best sequential constant currency growth in three years.
Mphasis reported Q4 FY26 revenue of $463 million, up 2.5% quarter-on-quarter and 7.1% year-on-year in constant currency, with full-year constant currency growth of 6.7%. Management highlighted record annual net new TCV of $2.1 billion, a 38% year-on-year increase in pipeline with 69% of it AI-led, and EBIT margin of 15.4% for the quarter. The Board recommended a dividend of INR 62 per share for FY26, and management guided to high single-digit to low double-digit growth for FY27 within a stated margin band.