Mphasis–BFL Software: Back in the black - Views on News from Equitymaster

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

  • MyStocks

MEMBER'S LOGINX

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

Mphasis–BFL Software: Back in the black

Jul 15, 2000

BFL has registered a smart turnaround in the first quarter of the current year vis–a–vis the last quarter of the last year. While the topline has grown 16.8% it is the increase in operating margins that have powered the bottomline.

(Rs m) 4QFY00 1QFY01 Change
Sales 339 396 16.8%
Other Income 3 10 233.3%
Expenditure 328 346 5.5%
Operating Profit (EBDIT) 11 50 354.5%
Operating Profit Margin (%) 3.2% 12.6%  
Interest - -  
Depreciation 39 35 -10.3%
Profit before Tax -25 25 -200.0%
Other Adjustments      
Tax 3 2  
Profit after Tax/(Loss) (28) 23 -182.1%
Net profit margin (%) -8.3% 5.8%  
No. of Shares (m) (eoy) 9.3 15.8  
Diluted no. of shares (m) 15.8 15.8  
Diluted Earnings per share* -7.1 5.8  
*(annualised)      

BFL had been hit last year since its client concentration ratio was very high. Around 80% of the revenues of the company accrued from the top five customers.

In the current year the integration of Mphasis has helped the company to widen its customer base and improve billing rates. However, the equity has increased by over 6 m shares that were given to the promoters and employees of Mphasis.

The stock quotes at a price of Rs 525 which implies an earning multiple of 90.5 times.

Equitymaster requests your view! Post a comment on "Mphasis–BFL Software: Back in the black". Click here!

  

More Views on News

MPHASIS at All Time High; BSE IT Index Up 0.7% (Market Updates)

Jun 16, 2021 | Updated on Jun 16, 2021

MPHASIS share price has hit an all time high at Rs 2,110 (up 1.6%). The BSE IT Index is up by 0.7%. Among the top gainers in the BSE IT Index today are MPHASIS (up 1.6%) and L&T INFOTECH (up 1.2%). The top losers include HEXAWARE TECHNOLOGIES and TATA ELXSI (down 0.2%).

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.

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.

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.

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.

More

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

MPHASIS SHARE PRICE


Jun 16, 2021 (Close)

TRACK MPHASIS

  • 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

COMPARE MPHASIS WITH

MARKET STATS