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Nov 16, 2010

Mphasis - 526299

 

 

Name of Company

Mphasis

BSE Code

526299

NSE Code

MPHASIS

ICICI Code

Established

2000

My Take

Like

Headquarters

Bangalore

Promoters

HP (EDS)

Story

Financial year ends in October.

Sector

IT

Sub-sector

BPO, Infrastructure services

Website

http://www.mphasis.com/

Positives

Revenue grew for last 5 years from 300 Cr to 3400 Cr in FY09. Regular dividend – can expect > 0.5%. HP holds more than 60% shares. Holding by LIC, Bajaj Allianz, HDFC life, etc.

Negatives

Peers

News

Price @ blogged

580(16-Nov-10)

Cost of company

12K Cr market cap for a 836 Cr FY09 and a 126 Cr debt and 1800 Cr reserves. Translates to 15 times. Huge revenue growth and 12-24% NPMs

1 comment:

  1. New concerns have arose now that the 2011 Q3 results are out. http://nse-invest.blogspot.com/2011/02/mphasis-scrip-hammered-over-price-cut.html. When corporate governance is in question and with HP having a track record of doing similar things in 2003, people have sold. Now the market cap is 9414 Cr. A punishment market gives for a negative growth when the IT sector is growing at 23%.

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