Mphasis: A stunner performance - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Mphasis: A stunner performance

Apr 12, 2001

Mphasis-BFL has reported an excellent performance for the year ended March '01. The company's topline grew by 43% and profits jumped to Rs 206 m from Rs 4 m in the previous year.

(Rs m) FY00 FY01 Change
Sales 1,207 1,729 43.2%
Other Income 27 36 35.4%
Expenditure 1,111 1,394 25.5%
Operating Profit (EBDIT) 97 334 245.7%
Operating Profit Margin (%) 8.0% 19.3%  
Interest 1 3 211.0%
Depreciation 110 139 26.5%
Profit before Tax 12 228 1732.5%
Other Adjustments      
Tax 8 23 182.0%
Profit after Tax/(Loss) 4 206 4558.9%
Net profit margin (%) 0.4% 11.9%  
No. of Shares (eoy) (m) 9.4 15.9  
Diluted Earnings per share* 0.3 13.0  
P/E (at current price)   15  

This turnaround has been achieved primarily by an increase in productivity, higher price realization from the solutions business and higher capacity utilization at an yearly average of 66% compared to 55% last year. Its operating margins improved sharply from 8% to 19.3% in the current year.

The number of customers of the company increased from 45 to 64 in the current year. During the year it has added global clients from diversified domains. These include a large global airline, one of the world’s largest brokerage houses, one of the largest credit card companies in the US and the fastest growing bank in Japan.

At the current market price of Rs 199 Mphasis-BFL is trading at a P/E of 15 times FY01 earnings.

Equitymaster requests your view! Post a comment on "Mphasis: A stunner performance". Click here!


More Views on News

MPHASIS Announces Quarterly Results (3QFY21); Net Profit Up 10.9% (Quarterly Result Update)

Jan 25, 2021 | Updated on Jan 25, 2021

For the quarter ended December 2020, MPHASIS has posted a net profit of Rs 3 bn (up 10.9% YoY). Sales on the other hand came in at Rs 25 bn (up 8.7% YoY). Read on for a complete analysis of MPHASIS's quarterly results.

Why Did Shares of Nazara Technologies Plunge Today? (Views On News)

Jun 18, 2021

Rakesh Jhunjhunwala-backed Nazara Technologies plunged over 12% today.

Birlasoft Hits 52-week High as Company Signs AI Partnership (Views On News)

Jun 9, 2021

The stock has rallied 350% in the last year. Is there more steam left?

What's Behind the Rally in Wipro Shares? (Views On News)

May 31, 2021

Wipro shares outperforms TCS and Infosys over the past year. Is the rally justified?

Happiest Minds Q4 Results: Profit Grows Over Six-Fold; Company Eyes 20% Organic Growth in FY22 (Views On News)

May 14, 2021

Key takeaways from Happiest Minds Technologies Q4FY21 results.

More Views on News

Most Popular

Hotel Stocks Will Reward Investors (Fast Profits Daily)

Jun 8, 2021

This is why I'm bullish on the hotel and hospitality sector.

My 'Unlock' Investments (Fast Profits Daily)

Jun 11, 2021

The best unlock investments you can make in the market.

How I Discovered a 400-Year-Old Open Secret to Extreme Wealth (Profit Hunter)

Jun 11, 2021

Charlie Munger's open secret about investing success.

The Most Visible Sign of India's Revival is on Two Wheels (Profit Hunter)

Jun 9, 2021

Investing in the best stocks could result in wealth compounding on a massive scale.


India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms


Jun 18, 2021 (Close)


  • Track your investment in MPHASIS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks