📣 VC round data is live. Check it out!

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

India

Employees

24.5K

Financials (LTM)

Revenue: $2B
EBITDA: $323M

EV

$4B

Valuation Multiples

Start free trial

Valuation Multiples for 15K+ Public Comps

AdidasAirbnbAmazonCiscoCoca-ColaDellDropboxIBMIntelMcDonaldsNikeNVIDIASamsungSpotifyTeslaToyota
Browse Valuation Multiples

Mphasis 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%.

See analyst estimates for Mphasis
LTMLast FY202320242025202620272028
Revenue$2B$1B$1B$1B$2B
Gross Profit$538M$452M$405M$440M$510M
Gross Margin31%30%29%30%31%
EBITDA$323M$303M$274M$296M$313M
EBITDA Margin19%20%20%20%19%
EBIT Margin15%15%14%15%15%
Net Profit$201M$177M$164M$174M$192M
Net Margin12%12%12%12%12%
Net Debt-$14M---

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.

See more trading valuation data for Mphasis
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$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 Trial

Mphasis Valuation Multiples

Mphasis trades at 2.5x EV/Revenue multiple, and 13.5x EV/EBITDA.

See NTM and 2027E valuation multiples for Mphasis

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.

LTMLast FY202320242025202620272028
EV/Revenue2.5x2.9x3.1x3.0x2.7x
EV/EBITDA13.5x14.4x15.9x14.7x13.9x
EV/EBIT16.5x19.2x21.8x20.0x17.4x
EV/Gross Profit8.1x9.6x10.8x9.9x8.5x
P/E22.1x25.0x27.0x25.6x23.2x
EV/FCF40.8x22.6x21.9x21.9x39.2x

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.

FactSetMorningstar
Start Free Trial

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%.

See estimated margins and future growth rates for Mphasis

Mphasis Margins

Last FY202420252026202720282029
Gross Margin30%30%31%31%
EBITDA Margin20%20%19%19%
EBIT Margin15%15%15%15%
Net Margin12%12%12%12%
FCF Margin13%14%7%10%

Mphasis Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth13%4%11%13%
Gross Profit Growth17%9%16%11%
EBITDA Growth5%8%6%11%
EBIT Growth14%9%15%14%
Net Profit Growth11%6%10%15%
FCF Growth(56%)0%(44%)73%

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).

Access forward-looking KPIs for Mphasis
LTMLast FY202320242025202620272028
Rule of 4031%32%---
Bessemer Rule of X50%51%---
Revenue per Employee-$0.1M---
Opex per Employee-$0.0M---
S&M Expenses to Revenue8%---8%
G&A Expenses to Revenue5%3%3%3%5%
Opex to Revenue-15%15%15%14%

Data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

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/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Softcat2.1x1.9x16.3x15.0x
EXL Service2.2x2.1x10.3x9.9x
SAIC0.9x1.0x9.7x9.7x
Asseco Poland0.7x0.7x4.7x4.3x
Reply1.3x1.3x7.0x7.0x
Bechtle0.6x0.6x7.9x8.1x
TIS1.2x1.1x7.2x7.0x
NS Solutions1.7x1.4x14.1x10.3x

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 ).

See M&A valuation multiples

Latest Acquisitions by Mphasis

Theory+Practice
Silverline
Blink
Datalytyx
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 CountryCanadaUnited StatesUnited StatesUnited Kingdom
HQ City
Vancouver
New York City, NY
Seattle, WA
London
Deal Date20 Apr 202612 Oct 202321 Sep 202120 Nov 2020
Valuation$7M$133M$94M$17M
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all Mphasis acquisitions and their M&A valuation multiples.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

About 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).

See public comps similar to Mphasis

Lists including Mphasis

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial