MphasiS (MPHASIS) — Annual Report

📢 Key Event
Chairman highlighted AI-driven TCV growth and platform scalability at AGM

🔄 What Changed
68% YoY TCV growth to USD 2.1 billion, 60% AI-led, 69% AI pipeline

🔮 What's Next
Board confidence in converting pipeline to revenue growth; focus on scalable AI adoption

💡 Investor Takeaway
AI-driven pipeline growth signals strong future revenue potential despite macro uncertainty

Mphasis Limited reported a 68% increase in new total contract value (TCV) to USD 2.1 billion in FY26, with 60% driven by AI-led deals, during its 35th Annual General Meeting on July 23, 2026. Chairman Girish Paranjpe highlighted AI as a real but uncertain transformation, emphasizing Mphasis's NeoIP platform and Enterprise Agency Platform Tria as scalable solutions to help enterprises move from pilots to production. The company noted slower decision-making due to macro headwinds and lack of an AI adoption playbook, but affirmed board confidence in management's execution and pipeline conversion. Employee contributions and community initiatives via the Mphasis F1 Foundation were acknowledged.

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About MphasiS Limited (MPHASIS)

Information Technology · IT - Software · Listed on NSE

Market Cap: ₹39,759.7 Cr P/E: 23.9

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