MphasiS Limited — Q1FY27 earnings call summary

Filed 28 July 2026 · Official transcript

Margin impacted by ramp-up costs and TAP acquisition; expected normalization over year
FY27 guidance maintained: high single-digit to low double-digit growth, EBIT margin 14.75%-15.75%
Q1 FY27 revenue $471M, +2.1% sequential, +8.3% YoY constant currency
Operating cash flow conversion expected ~80% of net income in FY27
Competitive intensity rising; focus on AI deployment and outcome-based pricing
Pipeline grew 8% sequentially, 28% YoY; AI-led deals now 70% of pipeline
Net new TCV $461M in Q1; three large deals including one >$100M
BFS segment grew 9.4% YoY; Insurance and TMT strong growth drivers