About Mphasis
Mphasis is an applied technology services company founded in 1998 and headquartered in Bangalore, Karnataka, India. Working with enterprises, it supports sales, delivery, and development outcomes through architecture and design-led digital solutions. The company describes its approach as agile, nimble, and customer-centric, with a focus on helping clients navigate digital transformation in changing markets.
Its core transformation model, Front2Back™ (F2B), is designed around the customer view. Using the X2C2™ framework, it applies cognitive technologies and enterprise data to legacy environments, while Mphasis also offers a Service Transformation approach aimed at shrinking the core by applying digital technologies across existing systems. These services are supported by core reference architectures, tools, domain expertise, and specialization for marquee clients.
Mphasis serves enterprises and operates at scale as a company with more than 10,001 employees. Its next-generation solutions are built to accelerate digital transformation and introduce new technologies into established environments. The company’s stated focus is on customer centricity, service excellence, and helping businesses stay ahead as technology and business needs evolve.
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Insights
Updated 21 Aug 2026Mphasis is operating in a tougher Indian IT backdrop. Tier-2 firms are outpacing Tier-1 peers on quarterly revenue growth, even though overall demand remains soft. In that setting, CLSA has taken a cautious view on Mphasis and assigned it an Underperform rating, pointing to rising AI pressure on traditional IT services businesses.
Strategically, Mphasis is shaping itself around AI-led, platform-driven technology solutions, while also stressing responsible operations. In fiscal year 2026, the company reported a CRISIL Core ESG Rating of 73, up from 69, and an overall CRISIL ESG Rating of 67, with recognition across employee skilling, data security, resource efficiency and governance.
Investor and stakeholder signals are mixed, but the execution read-through is still constructive. Recent market coverage shows IT shares broadly advancing, and Mphasis’ ESG improvement points to progress on governance and sustainability priorities that can matter to enterprise customers and investors alike. A Forbes Council piece published the same day says enterprise AI strategy should start with business intent, which fits Mphasis’ stated AI-led positioning.
Frequently asked questions
Mphasis is headquartered in Bangalore, Karnataka, India.
Mphasis has 10001+ employees according to its company profile.
Mphasis operates in the Information Technology & Services sector. Public valuation figures are not always disclosed for private companies.