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Mphasis Valuation Multiples
Discover revenue and EBITDA valuation multiples for Mphasis and similar public comparables like Softcat, EXL Service, SAIC, Asseco Poland and more.
Mphasis Overview
About Mphasis
Mphasis Ltd is an IT solutions provider which offers application development and integration, business process outsourcing, and infrastructure services such as architecture guidance. The company was formed after the merger of the U.S.-based IT consulting company Mphasis and the Indian IT services company BFL Software. Mphasis serves clients in the financial services, healthcare, telecom, retail, logistics, and technology industries. Mphasis operates in India, Americas, EMEA, and Rest of the world. The company operates through its business segments: banking and financial services, insurance, technology media and telecom, logistics and transportation, and others. It derives maximum revenue from banking and financial services.
Founded
1992
HQ

Employees
24.5K
Website
Sectors
Financials (LTM)
EV
$4B
Valuation Multiples
Start free trialMphasis Financials
Mphasis reported last 12-month revenue of $2B and EBITDA of $323M.
In the same LTM period, Mphasis generated $538M in gross profit, $323M in EBITDA, and $201M in net income.
Revenue (LTM)
Mphasis P&L
In the most recent fiscal year, Mphasis reported revenue of $1B and EBITDA of $303M.
Mphasis is profitable as of last fiscal year, with gross margin of 30%, EBITDA margin of 20%, and net margin of 12%.
Financial data powered by Morningstar, Inc.
Mphasis Stock Performance
Mphasis has current market cap of $4B, and enterprise value of $4B.
Market Cap Evolution
Mphasis' stock price is $23.27.
Mphasis share price decreased by 3.0% in the last 30 days, and by 16.0% in the last year.
Mphasis has an EPS (earnings per share) of $0.93.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4B | $4B | -2.1% | -3.0% | -5.4% | -16.0% | $0.93 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialMphasis Valuation Multiples
Mphasis trades at 2.5x EV/Revenue multiple, and 13.5x EV/EBITDA.
EV / Revenue (LTM)
Mphasis Financial Valuation Multiples
As of May 29, 2026, Mphasis has market cap of $4B and EV of $4B.
Mphasis has a P/E ratio of 22.1x.
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Mphasis Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Mphasis Margins & Growth Rates
Mphasis grew revenue by 13% and EBITDA by 5% in the last fiscal year.
In the most recent fiscal year, Mphasis reported gross margin of 30%, EBITDA margin of 20%, and net margin of 12%.
Mphasis Margins
Mphasis Growth Rates
Data powered by FactSet, Inc. and Morningstar, Inc.
Mphasis Operational KPIs
Mphasis' revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.
Mphasis' Rule of 40 is 32% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Mphasis' Rule of X is 51% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Data powered by FactSet, Inc. and Morningstar, Inc.
Mphasis Competitors
Mphasis competitors include Softcat, EXL Service, SAIC, Asseco Poland, Reply, Bechtle, TIS, NS Solutions, FPT Corp. and Digital China.
Most Mphasis public comparables operate across IT Consulting.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| 2.1x | 1.9x | 16.3x | 15.0x | |||
| 2.2x | 2.1x | 10.3x | 9.9x | |||
| 0.9x | 1.0x | 9.7x | 9.7x | |||
| 0.7x | 0.7x | 4.7x | 4.3x | |||
| 1.3x | 1.3x | 7.0x | 7.0x | |||
| 0.6x | 0.6x | 7.9x | 8.1x | |||
| 1.2x | 1.1x | 7.2x | 7.0x | |||
| 1.7x | 1.4x | 14.1x | 10.3x | |||
This data is available for Pro users. Sign up to see all Mphasis competitors and their valuation data. Start Free Trial | ||||||
Mphasis M&A Activity
Mphasis has acquired 5 companies to date.
Last acquisition by Mphasis was on April 20th 2026. Mphasis acquired Theory+Practice for $7M (EV/Revenue multiple of ).
Latest Acquisitions by Mphasis
| Description | Theory+Practice delivers data analysis, AI automation, and behavioral economics services for market adaptation. | Silverline is a New York-headquartered Salesforce partner delivering implementation services across financial services and healthcare. The firm deploys Sales Cloud, Service Cloud, and custom AppExchange apps like CalendarAnything for scheduling and WaterCooler for intranet collaboration. With over 800 projects completed, it employs certified architects nationwide. Founded in 2009, Silverline supports enterprise clients with integration to ERP systems. | Blink is a product design consultancy serving tech giants from studios in Austin, Boston, San Diego, San Francisco, and Seattle. Minneapolis-headquartered, it conducts user research and prototyping for Amazon, Microsoft, and NASA projects. The firm applies evidence-based methods across hardware and software interfaces. | Datalytyx is a London-headquartered specialist in big data and analytics solutions, focusing on managed cloud deployments for enterprises. It digitizes content, automates processes, manages large datasets, applies analytics, and creates visualizations to support decision-making in finance, energy, and public sectors. | |
| HQ Country | |||||
| HQ City | Vancouver | New York City, NY | Seattle, WA | London | |
| Deal Date | 20 Apr 2026 | 12 Oct 2023 | 21 Sep 2021 | 20 Nov 2020 | |
| Valuation | $7M | $133M | $94M | $17M | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Start Free TrialAbout Mphasis
| When was Mphasis founded? | Mphasis was founded in 1992. |
| Where is Mphasis headquartered? | Mphasis is headquartered in India. |
| How many employees does Mphasis have? | As of today, Mphasis has over 24K employees. |
| Who is the CEO of Mphasis? | Mphasis' CEO is Nitin Rakesh. |
| Is Mphasis publicly listed? | Yes, Mphasis is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Mphasis? | Mphasis trades under MPHASIS ticker. |
| When did Mphasis go public? | Mphasis went public in 2004. |
| Who are competitors of Mphasis? | Mphasis main competitors include Softcat, EXL Service, SAIC, Asseco Poland, Reply, Bechtle, TIS, NS Solutions, FPT Corp., Digital China. |
| What is the current market cap of Mphasis? | Mphasis' current market cap is $4B. |
| What is the current revenue of Mphasis? | Mphasis' last 12 months revenue is $2B. |
| What is the current revenue growth of Mphasis? | Mphasis revenue growth (NTM/LTM) is 13%. |
| What is the current EV/Revenue multiple of Mphasis? | Current revenue multiple of Mphasis is 2.5x. |
| What is the current EBITDA of Mphasis? | Mphasis' last 12 months EBITDA is $323M. |
| What is Mphasis' EBITDA margin? | Mphasis' last 12 months EBITDA margin is 19%. |
| What is the current EV/EBITDA multiple of Mphasis? | Current EBITDA multiple of Mphasis is 13.5x. |
| What is the current FCF of Mphasis? | Mphasis' last 12 months FCF is $107M. |
| What is Mphasis' FCF margin? | Mphasis' last 12 months FCF margin is 6%. |
| What is the current EV/FCF multiple of Mphasis? | Current FCF multiple of Mphasis is 40.8x. |
| How many companies Mphasis has acquired to date? | As of May 2026, Mphasis has acquired 5 companies. |
| What was the largest acquisition by Mphasis? | $133M acquisition of Silverline on 12th October 2023 was the largest M&A Mphasis has done to date. |
| What companies Mphasis acquired? | Mphasis acquired Silverline, Blink, Stelligent, Datalytyx, and Theory+Practice. |
| In how many companies Mphasis has invested to date? | Mphasis hasn't invested in any companies yet (or none have been disclosed publicly). |
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