Mphasis delivered a robust performance for the financial year ended March 31, 2026. The company reported a 11.6% YoY increase in revenue and 13.7% YoY growth in EPS for the final quarter. Highlights include USD 2.1 billion in new TCV wins for the fiscal year, with 60% being AI-led. Additionally, the Board has recommended a final dividend of ₹62 per equity share, subject to shareholder approval.
Annual Financial Highlights
For the fiscal year 2025-26, Mphasis demonstrated consistent growth, with revenue increasing by 11.6% YoY on a reported basis. The company achieved USD 2.1 billion in new total contract value (TCV) wins throughout the year, underscoring the strong traction of its AI-led propositions, which accounted for 60% of these wins. The company maintained an operating margin of 15.3% for the full year.
Q4 FY26 Performance
In the fourth quarter (Jan-Mar 2026), Mphasis saw significant momentum, with revenue growing 6.0% QoQ and 14.4% YoY. The operating margin for the quarter stood at 15.4%, reflecting a 20 bps QoQ growth. The net margin before exceptional items also expanded by 30 bps QoQ to reach 12.0%. Earnings per share (EPS) before exceptional items for the quarter reached ₹26.7, marking a 13.7% YoY increase.
Strategic Dividend and Leadership
The Board of Directors has recommended a final dividend of ₹62 per equity share (face value of ₹10) for the financial year ended March 31, 2026. The record date for the dividend is set for July 8, 2026. Additionally, the company announced the re-appointment of Mr. Nitin Rakesh as Chief Executive Officer and Managing Director for a term of 5 consecutive years, effective from October 1, 2026, subject to shareholder approval.
Future Outlook and Expansion
Mphasis continues to focus on its AI-first transformation strategy, bolstered by recent acquisitions like Theory and Practice (TAP). These investments are designed to enhance the company’s ability to drive business outcomes through intelligent, automated systems. The company plans to convene its 35th Annual General Meeting on July 23, 2026, via video conferencing to seek necessary approvals for its forward-looking initiatives.
Source: BSE
