Mphasis

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Mphasis Limited
Company typePublic
NSE:  MPHASIS
BSE:  526299 [1]
IndustryInformation technology services
FoundedAugust 10, 1992 (1992-08-10) (incorporated as BFL Software Limited) [2]
HeadquartersBagmane Technology Park, C V Raman Nagar, Bengaluru, Karnataka, India [3]
Area served
Worldwide
Key people
Nitin Rakesh (Chief Executive Officer and Managing Director) [1]
ProductsIT services and consulting
Number of employees
31,000+ [4]
Website www.mphasis.com

Mphasis Limited is an Indian multinational information technology services and consulting company headquartered in Bengaluru, Karnataka. It is listed on the National Stock Exchange of India and the Bombay Stock Exchange. [1] [3]

Contents

History

Mphasis was incorporated on 10 August 1992 as BFL Software Limited. [2] [5] Company disclosures state that the business was formed in June 2000 following the merger of Mphasis Corporation and BFL Software Limited. The corporate name later changed from Mphasis BFL Limited to Mphasis Limited. [6] [2]

In April 2016, private equity funds managed by Blackstone agreed to acquire a majority stake in Mphasis from Hewlett Packard Enterprise. Reuters described the transaction value as up to about US$1.1 billion depending on the open offer outcome, and Blackstone announced the deal in a press release. [7] [8]

Operations

Mphasis provides IT services and consulting. In investor communications, the company highlights areas such as cloud and cognitive services. [1] Its corporate office is listed at Bagmane Technology Park in Bengaluru, and the company publishes additional addresses in India and internationally in its contact information. [3] [9]

Ownership

Mphasis’ investor website states that Blackstone Private Equity holds about a 40% stake in the company. [4]

Financial performance

For the year ended 31 March 2025 (FY25), Mphasis reported revenue of ₹142.2 billion and net profit of ₹17,021 million in its FY25 results announcement. [1]

Acquisitions and investments

In October 2023, Mphasis announced the acquisition of Silverline, a New York-based Salesforce services partner, for about US$132.5 million. Business Standard reported the purchase price and described Silverline as a Salesforce service partner and digital transformation consultancy. [10] [11]

In July 2025, Mphasis announced that its U.S. subsidiary acquired a 26% preferred equity stake in Aokah. The company described Aokah as a platform intended to support global capability center operations, and disclosed the investment through a press release and stock exchange intimation. [12] [13]

References

  1. 1 2 3 4 5 "Mphasis Gross revenue grew 8.9% YoY in Q4 FY2025 (Earnings press release)" (PDF). Mphasis. 24 April 2025. Retrieved 13 January 2026.
  2. 1 2 3 "Investor FAQs (corporate information and name changes)" (PDF). Mphasis. Retrieved 13 January 2026.
  3. 1 2 3 "Contact Us (corporate office address)". Mphasis. Retrieved 13 January 2026.
  4. 1 2 "Investors (company overview)". Mphasis. Retrieved 13 January 2026.
  5. ↑ "Mphasis Limited (rating rationale and background)". ICRA. 29 March 2019. Retrieved 13 January 2026.
  6. ↑ "Annual Report 2022 (corporate history section)" (PDF). Mphasis. Retrieved 13 January 2026.
  7. ↑ "Blackstone takes control of India's Mphasis in up to $1.1 billion deal". Reuters. 4 April 2016. Retrieved 13 January 2026.
  8. ↑ "Blackstone to acquire a majority stake in Mphasis". Blackstone. 4 April 2016. Retrieved 13 January 2026.
  9. ↑ "Mphasis contact locations (international offices)". Mphasis. Retrieved 13 January 2026.
  10. ↑ "Mphasis acquires Salesforce service partner Silverline for over $132 mn". Mphasis. 3 October 2023. Retrieved 13 January 2026.
  11. ↑ "Mphasis acquires Salesforce service partner Silverline for over $132 mn". Business Standard. 13 October 2023. Retrieved 13 January 2026.
  12. ↑ "Mphasis invests in Aokah (press release)" (PDF). Mphasis. 25 July 2025. Retrieved 13 January 2026.
  13. ↑ "Intimation of investment by wholly owned subsidiary (Aokah)" (PDF). Mphasis. 10 July 2025. Retrieved 13 January 2026.
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