Mphasis Ltd
NSE: MPHASIS BSE: 526299
₹2228
(0.34%)
Sat, 23 May 2026, 02:24 pm
Market Cap423.77B
PE Ratio22.85
Dividend0
Technology Services
Packaged Software
24.5KCompany History
1992
- Company incorporated on 10 August.
- Company sets up 100% EOU for software and orders satellite link.
1993
- 700 equity shares issued.
- 60,00,000 equity shares issued at par.
1994
- Company installs additional workstations and infrastructure.
- Company proposes Private Software Technology Park.
- Company plans offices in Europe and South America.
1995
- Over 100 projects executed in six technology groups.
- Company obtains ISO 9001-1994 certification from BVQI UK.
1996
- Company reorganized into six independent Business Units.
1997
- BFL signs long-term agreement with Compaq Corp.
- BFL sets up dedicated centre for Lanier Worldwide.
- BFL enters strategic alliance with two US companies.
1998
- Baring India Investments acquires 25% equity.
- BFL plans agreement with NSDL for dematerialization.
- BFL sets up subsidiaries in Singapore and US.
- BFL sets up Japanese development centre and advanced US centre.
- Company introduces ESOP effective April 1999 with 3-year lock-in.
- 3,333,333 equity shares allotted to Baring India Investments at Rs. 65 premium.
1999
- BFL sets up Advanced Centre of Excellence for consulting services.
- BFL plans international launch of first healthcare product by end of 1999.
- BFL signs agreement with NetCommunications for netKIOS.
2000
- Company sets up eight marketing offices worldwide.
- MPhasiS becomes wholly-owned subsidiary of BFL.
- Company plans launch of healthcare software Opera in US.
- Company changes name to Mphasis BFL and reorganizes operations.
- Emerging Markets Growth Fund acquires 5.72% shares.
- Mr. Richard Braddock and Prof. Jose de la Torre appointed Additional Directors.
- Holdings Ltd acquires 41.02% shares.
- Mr. Rahul Bhasin resigns as Chairman; Mr. K. Sridharan appointed Director.
- Mphasis ties up with BEA Systems for financial solutions.
- Idea2solutions forms alliance with Mphasis.
- Mr. Ravi Ramu appointed Director - Strategic Initiatives.
2002
- Jerry Rao appointed to Nasscom's Executive Council.
- MsourcE Bangalore operations certified ISO 9001:2000 by KPMG.
- Mr. O Venkata Ravi appointed CS and Compliance Officer.
- Mphasis appoints Salomon Smith Barney to explore investors.
- Mphasis acquires Navion (Shanghai) Software Development Company Ltd.
- MsourcE partners with US Women's Chamber of Commerce for customer care services.
2003
- MsourcE Corporation and Accenture partner for BPO services in India.
- MsourcE opens Spanish language call center in Tijuana, Mexico.
- MsourcE awarded BS-7799-2:2002 certification.
- Mr. G N Sarma appointed Company Secretary & Compliance Officer.
2004
- Mr. Nawzhir Mirza appointed Additional Director.
- Mphasis BFL securities delisted from Bangalore Stock Exchange.
- Mphasis achieves SEI-CMMI Level 5 Accreditation.
- MphasiS BFL secures top credit rating among 400 major companies for 2002-03.
2005
- Mphasis BFL wins SecureSynergy Security Strategist 2005 Award.
- Mphasis to acquire Princeton Consulting.
- Mphasis BFL sets up BPO facility in Noida.
- Mphasis acquires Eldorado Computing Inc.
- MphasiS issues 1:1 bonus shares.
2006
- Equity shareholders approve Scheme of Amalgamation.
- Company name changed to Mphasis Ltd effective November 24.
2007
- Ms. Vinita Bali appointed Additional Director.
- Mr. Thomas Erhardt appointed Additional Director effective August 20.
- Mr. Michael Koehler appointed Additional Director.
- Registered office shifted to Bagmane Technology Park, Bangalore.
2008
- Mr. Jim Bridges appointed Additional Director effective February 18.
- Mr. Anthony Glasby and Mr. Andreas Mattes appointed Additional Directors effective October 8.
2009
- MphasiS changes branding to MphasiS an HP Company.
- MphasiS ranked No.68 in Business Today 500 and No.7 in Top 10 Software Companies.
- MphasiS application for HDFC Standard Life wins CIO Ingenious 100 - 2009 Award.
- MphasiS ranked No.18 in Dataquest Top 20 BPO Companies.
- Silicon India rates MphasiS No.5 in siTech20 India Index.
- MphasiS awarded second place in ICAI Award for Excellence in Financial Reporting.
2010
- MphasiS ranked No. 32 in Top 100 FinTech companies.
- MphasiS honored with NDTV Profit Business Leadership Award for Diversity and Inclusion 2010.
- MphasiS ranked 6th in Top 20 IT Software and Service exporters and 7th in Top 20 IT-BPO employers in India.
- MphasiS ranked #17 in DataQuest Top 20 and #9 in Top 20 Exports.
- MphasiS one of five fastest growing companies in DQ Top 20 Survey 2009-10.
- MphasiS receives awards for cooperation with UPC.
- MphasiS ranked No. 23 by Bloomberg Businessweek's Tech 100.
2011
- MphasiS ranked No. 165 in FORTUNE 500 India and No. 7 in INFOTECH.
- MphasiS employee Ashwin Karthik wins NCPEDP-Shell Helen Keller Award 2011.
- Ganesh Ayyar wins Asia's Viewers Choice Award at CNBC Asia Business Leader Awards 2011.
- MphasiS awarded NASSCOM Corporate Award for Excellence in Diversity and Inclusion.
- MphasiS wins Waste Wise Business Recyclathon Award 2011.
- MphasiS ranked No. 23 in FinTech 100 2011.
2012
- Mr. Antonio Fabio Neri and Mr. Ravichandran Venkataraman appointed Additional Directors.
- Mphasis opens nearshore center in Canada.
- MphasiS wins TISS CLO Global Learning & Development Team of the Year 2012.
2013
- MphasiS acquires Digital Risk LLC.
- MphasiS awarded Best eLearning Adopter and Best Front Line Manager Training by World HRD Congress.
- MphasiS awarded Disability Matters Award 2013.
- MphasiS awarded Best Effort Towards Environment, Health & Safety at FM Zone India Leadership Awards 2013.
- Registered office shifted to Bagmane World Technology Center, Bangalore.
2014
- Mphasis announces proposed partnership with AppCrown New York USA.
- Mphasis enters strategic partnership with Delta Power Solutions for ATM innovations.
- Mphasis launches new corporate brand and logo.
- Mphasis named Leader in 2014 IAOP Global Outsourcing 100 Awards.
- Mphasis wins Silver Medal in APAC Large Outsourced Contact Center Category at Best Contact Center Awards 2014.
2015
- Mphasis partners with The/Nudge Foundation for Life Skills training to underprivileged.
- Mphasis wins Most Distinguished Digital Company of the Year at Economic Times Best Tech Brands Awards 2015.
- Knowledge@Wharton and Mphasis partner for Fast Forward: Executive Strategies for Personal Digital Transformation event.
- Mphasis and IIIT-B partner to support incubation of social enterprises.
- Mphasis receives 6th NCPEDP Universal Design Awards.
- Mphasis launches HyperGraf Big Data Analytics Solution.
- Mphasis launches Digital Customer Experience Management Solutions.
- Mphasis collaborates with Aureus Analytics for Big Data Analytics Solutions.
2016
- Mphasis launches DigiOps driven by InfraGenie intelligent automation platform.
2017
- Mphasis expands footprint in western Europe and launches digital capabilities in France.
- AVTAR Group names Mphasis top company for Women to Work.
- Mphasis wins Excellence in Omni-Experience Award at IDC.
- Uber partners with Mphasis to launch uberACCESS and uberASSIST in India.
- Mphasis DeepInsights wins AIconics Best Application of AI in Financial Services.
- Mphasis wins 2017 Asia Edition Dream Companies to Work For Award in IT and Software.
- Mphasis wins Imagination Category at 2017 ISG Paragon Awards Europe.
- Mphasis partners with Digital Empowerment Foundation for rural digital transformation.
2018
- Mphasis acquires Stelligent for $25 million.
- Company announces buy-back of up to 7,320,555 equity shares at Rs. 1,350 per share.
2019
- Mphasis signs partnership agreement with Oodrive.
2020
- Mphasis Consulting acquires Datalytyx for up to GBP 13.3 million.
- Mphasis wins Brandon Hall Group Gold award for Excellence in Talent Acquisition.
- Mphasis Digital Risk wins 2020 HW Tech 100 Mortgage Winner Award.
2021
- Mphasis receives US Patent for AI-driven application and infrastructure management solution.
- Transformation in Times of Crisis wins International Business Book 2021 title.
- Mphasis wins Most Accelerated Digital Transformation Company award at ET Best Tech Brands 2021.
- Nitin Rakesh listed in WSJ’s World’s Most Influential Decision Makers.
2022
- Mphasis ranked No. 1 in Top 10 India Based IT Services Companies Report 2022 by NET.
- Mphasis launches focused cloud ecosystem channel organization.
- Mphasis recognized as Top Leader and Star Performer in Everest Peak Matrix IT Service Provider of the Year 2022 Report.
- Mphasis partners with University of Calgary to boost Alberta's Quantum Computing Ecosystem.
- Mphasis and Securonix partner for Cyber Threat Monitoring.
2023
- Mphasis launches Mphasis.ai business unit to leverage Generative AI.
2024
- Mphasis wins 2023 ISG Star of Excellence Award for Pioneering AI Solutions in Emerging Tech.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800