Analysis of Mphasis

FINANCIAL MANAGEMENT II
ASSIGNMENT 1
Submitted by : Raja Sugirtha.R (10AC23)
MPHASIS LIMITED:
Mphasis Limited was formed in June 2000 after the merger of the US-based IT consulting company MphasiS Corporation (founded in 1998) and the Indian IT services company BFL Software Limited (founded in 1993).
Jeya Kumar is CEO of MphasiS, which has a staff strength of 27,000 people. For the year ended the MphasiS Group recorded revenues of Rs 2,423 crore (Rs 24.23 billion), a growth of Rs 662 crore, which is 38 per cent over the previous year.
FINANCIAL POSITION:
|Year                                         |2006               |2007               |2008               |2009               |2010               |
|Net Sales                                     |1,102.85           |1,703.56           |1,451.55           |3,405.02           |3,770.09           |
|Variable cost                                 |340.53             |521.1             |506.91             |1039.85             |1296.72           |
|Contribution                                 |762.32             |1,182.46           |944.64             |2,365.17           |2,473.37           |
|Fixed cost                                   |562.1             |866.4             |628.21             |1407.4             |1375.29           |
|EBDIT                       |                 |200.22             |316.06             |316.43             |957.77             |1098.08           |
|Depreciation                 |                 |51.25             |86.95             |69.09             |137.03             |115.79             |
|EBIT                                         |148.97             |229.11             |247.34             |820.83             |982.29             |
|Interest                     |                 |1.45               |0.61               |0.97               |5.91               |1.64               |
|EBT                         |                 |147.52             |228.50             |246.37             |814.83...