AI deal flow is improving revenue quality, even if growth remains modest against peak-cycle expectations.
| Company | M.Cap | Price | P/E | P/B | ROE | ROCE | D/E | Div Yield | 1Y Return |
|---|---|---|---|---|---|---|---|---|---|
| Tata Consultancy Services Ltd | ₹9,18,273 Cr | — | 16.8 | 7.7 | 51.8% | 63.0% | 0.1 | 2.5% | -34.63% |
| Infosys Ltd | ₹4,69,945 Cr | ₹1,160.25 | 15.5 | 4.8 | 31.9% | 40.0% | 0.1 | 4.5% | -37.88% |
| HCL Technologies Ltd | ₹3,18,299 Cr | — | 17.4 | 4.3 | 24.7% | 30.4% | 0.1 | 3.4% | -29.52% |
| Wipro Ltd | ₹1,82,605 Cr | — | 14.5 | 2.3 | 15.6% | 17.3% | 0.2 | 4.2% | -29.07% |
| Tech Mahindra Ltd | ₹1,46,090 Cr | — | 24.0 | 4.5 | 16.9% | 19.0% | 0.1 | 2.9% | -6.18% |
| LTM Ltd | ₹1,17,626 Cr | — | 22.5 | 4.6 | 21.3% | 24.8% | 0.1 | 1.9% | -36.45% |
| One 97 Communications Ltd | — | — | — | — | 3.6% | 3.6% | 0.0 | — | +25.39% |
| Oracle Financial Services Software Ltd | ₹93,156 Cr | — | 26.2 | 11.9 | 32.6% | 43.5% | 0.0 | 4.1% | +42.01% |
| Persistent Systems Ltd | — | — | — | — | 26.4% | 28.6% | 0.1 | — | -10.89% |
| Coforge Ltd | ₹81,382 Cr | — | 36.0 | 3.6 | 21.9% | 17.9% | 0.1 | 0.8% | +6.04% |
| Sterlite Technologies Ltd | ₹44,281 Cr | ₹861.4 | 62.7 | 9.8 | 2.6% | 3.0% | 0.9 | 0.0% | +975.57% |
| Mphasis Ltd | — | — | — | — | 18.3% | 21.6% | 0.2 | — | -18.07% |
| HFCL Ltd | ₹35,947 Cr | ₹234.91 | 41.0 | 6.4 | 7.3% | 7.8% | 0.4 | 0.1% | +307.98% |
| Hexaware Technologies Ltd | ₹35,520 Cr | ₹582.5 | 26.7 | 5.3 | 23.4% | 23.4% | 0.1 | 1.5% | -31.97% |
| L&T Technology Services Ltd | — | — | — | — | 20.4% | 23.8% | 0.1 | — | -22.17% |
| Syrma SGS Technology Ltd | ₹33,653 Cr | — | 90.9 | 11.7 | 15.0% | 13.4% | 0.1 | 0.1% | +147.45% |
| Redington Ltd | ₹28,769 Cr | ₹368 | 16.9 | 2.8 | 13.6% | 15.7% | 0.3 | 1.6% | +47.45% |
| Netweb Technologies India Ltd | ₹28,689 Cr | — | 105.1 | 38.0 | 32.9% | 37.5% | 0.4 | 0.1% | +51.34% |
| Tata Technologies Ltd | ₹27,218 Cr | ₹670.3 | 48.4 | 7.1 | 14.6% | 15.1% | 0.2 | 1.3% | +6.13% |
| Kaynes Technology India Ltd | — | — | — | — | 9.6% | 9.8% | 0.2 | — | -10.26% |
| ITI Ltd | ₹20,878 Cr | ₹216.84 | 117.9 | 11.0 | 16.6% | 14.1% | 0.4 | 0.0% | -17.64% |
| Urban Company Ltd | ₹20,700 Cr | — | — | 10.7 | -11.9% | -7.7% | 0.1 | 0.0% | +2.35% |
| Firstsource Solutions Ltd | ₹20,300 Cr | ₹293.4 | 30.8 | 4.6 | 15.9% | 15.0% | 0.7 | 1.9% | -18.44% |
| Tata Elxsi Ltd | — | — | — | — | 21.3% | 25.7% | 0.1 | — | -43.51% |
| Pine Labs Ltd | — | — | — | — | 2.4% | 2.2% | 0.1 | — | -29.33% |
| eClerx Services Ltd | ₹17,440 Cr | — | 24.7 | 6.8 | 29.0% | 31.3% | 0.2 | 0.1% | -17.65% |
| Computer Age Management Services Ltd | ₹16,478 Cr | ₹663.3 | 33.4 | 12.5 | 38.7% | 43.8% | 0.1 | 1.9% | -3.32% |
| Avalon Technologies Ltd | — | — | — | — | 17.0% | 20.1% | 0.3 | — | +196.01% |
| Astra Microwave Products Ltd | — | — | — | — | 16.0% | 17.8% | 0.2 | — | +85.72% |
| KPIT Technologies Ltd | ₹14,567 Cr | ₹535.1 | 25.2 | 4.1 | 19.7% | 20.2% | 0.2 | 1.4% | -58.2% |
| KFin Technologies Ltd | ₹14,206 Cr | ₹821.75 | 41.7 | 8.5 | 22.3% | 18.7% | 0.0 | 1.5% | -19.12% |
| Black Box Ltd | ₹14,186 Cr | ₹798.75 | 61.3 | 11.0 | 21.3% | 9.5% | 0.9 | 0.1% | +92.81% |
| PG Electroplast Ltd | ₹13,481 Cr | ₹470.55 | 65.8 | 4.4 | 6.7% | 7.5% | 0.2 | 0.1% | -10.79% |
| Fractal Analytics Ltd | ₹12,983 Cr | ₹755 | 40.2 | 4.0 | 11.6% | 9.2% | 0.1 | 0.0% | -14.38% |
| Zensar Technologies Ltd | ₹11,494 Cr | ₹506.45 | 15.0 | 2.4 | 17.6% | 20.8% | 0.0 | 3.0% | -28.7% |
| Amagi Media Labs Ltd | ₹11,449 Cr | ₹529.2 | 111.7 | 6.7 | 4.1% | 4.8% | 0.0 | 0.0% | +51.14% |
| E2E Networks Limited | ₹11,048 Cr | ₹537.75 | 95.9 | 6.1 | -1.0% | -1.2% | 0.1 | 0.0% | -75.53% |
| Black Buck Ltd | ₹9,865 Cr | ₹541.3 | 58.8 | 7.0 | 12.0% | 11.3% | 0.0 | 0.0% | +4.29% |
| KRN Heat Exchanger And Refrigeration Ltd | — | — | — | — | 14.2% | 17.0% | 0.3 | — | +105.97% |
| ASM Technologies Ltd | — | — | — | — | 25.7% | 21.6% | 0.4 | — | +175.54% |
| RateGain Travel Technologies Ltd | ₹9,281 Cr | ₹783.3 | 38.3 | 4.6 | 10.5% | 9.2% | 0.5 | 0.0% | +29.62% |
| Birlasoft Ltd | ₹8,523 Cr | ₹304.75 | 15.0 | 2.1 | 13.7% | 18.2% | 0.0 | 2.1% | -33.66% |
| Intellect Design Arena Ltd | ₹8,282 Cr | ₹593.3 | 23.9 | 2.6 | 11.5% | 13.7% | 0.1 | 0.7% | -34.57% |
| GNG Electronics Ltd | ₹8,139 Cr | ₹713.9 | 57.8 | 10.7 | 26.8% | 18.7% | 0.6 | 0.0% | +155.33% |
| Tanla Platforms Ltd | ₹7,489 Cr | ₹567.1 | 14.1 | 3.0 | 21.4% | 25.0% | 0.0 | 2.1% | +17.22% |
| Tejas Networks Ltd | ₹7,207 Cr | ₹405.1 | — | 2.9 | -26.8% | -37.1% | 1.4 | 0.6% | +28.32% |
| Newgen Software Technologies Ltd | ₹6,710 Cr | ₹474.7 | 27.2 | 3.8 | 18.3% | 20.5% | 0.0 | 1.3% | -38.4% |
| Sonata Software Ltd | ₹6,567 Cr | ₹237.25 | 14.2 | 3.5 | 25.7% | 26.7% | 0.4 | 3.3% | -31.52% |
| Centum Electronics Ltd | — | — | — | — | -13.9% | -11.4% | 0.4 | — | +76.16% |
| Optiemus Infracom Ltd | ₹6,007 Cr | ₹666.25 | 81.9 | 7.6 | 9.2% | 8.3% | 0.5 | 0.0% | +46.48% |
| Cyient DLM Ltd | ₹5,946 Cr | ₹749.05 | 70.9 | 5.6 | 7.5% | 8.1% | 0.2 | 0.0% | +88.63% |
| Rashi Peripherals Ltd | ₹5,428 Cr | ₹817.35 | 17.2 | 2.7 | 15.0% | 18.0% | 0.5 | 0.2% | +123.78% |
| Mastek Ltd | — | — | — | — | 14.8% | 15.7% | 0.2 | — | -20.44% |
| Seshaasai Technologies Ltd | ₹4,928 Cr | ₹304.55 | 18.4 | 3.5 | 23.2% | 22.0% | 0.1 | 0.8% | +10.52% |
| C.E. Info Systems Ltd | ₹4,524 Cr | ₹825.35 | 33.0 | 5.0 | 15.6% | 20.5% | 0.0 | 0.4% | -45.93% |
| Happiest Minds Technologies Ltd | ₹4,512 Cr | ₹300.3 | 20.3 | 2.6 | 13.8% | 13.3% | 0.9 | 2.4% | -29.79% |
| Capillary Technologies India Ltd | ₹4,480 Cr | ₹562.95 | 106.6 | 4.4 | 6.5% | 4.9% | 0.1 | 0.0% | -7.60% |
| AvenuesAI Ltd | — | — | — | — | 7.0% | 6.1% | 0.1 | — | +648.89% |
| Datamatics Global Services Ltd | ₹4,197 Cr | ₹710 | 19.4 | 2.7 | 13.4% | 14.5% | 0.1 | 0.7% | -0.04% |
| 63 Moons Technologies Ltd | ₹4,195 Cr | ₹910.5 | — | 1.2 | -1.6% | -1.0% | 0.0 | 0.2% | +39.71% |
| Network People Services Technologies Ltd | — | — | — | — | 15.1% | 12.3% | 0.0 | — | +40.48% |
| Avantel Ltd | ₹3,801 Cr | — | 230.7 | 11.2 | 5.2% | 7.1% | 0.1 | 0.2% | +6.30% |
| Moschip Technologies Ltd | ₹3,307 Cr | — | 129.5 | 8.1 | 9.5% | 7.5% | 0.2 | 0.0% | -11.05% |
| Ideaforge Technology Ltd | ₹3,229 Cr | ₹649.65 | 82.8 | 4.7 | -2.8% | -3.3% | 0.1 | 0.0% | +41.52% |
| Pace Digitek Ltd | — | — | — | — | 18.2% | 14.5% | 0.4 | — | -15.19% |
| Aurionpro Solutions Ltd | ₹2,997 Cr | ₹542.3 | 14.5 | 1.7 | 13.1% | 14.0% | 0.0 | 0.6% | -33.64% |
| Kernex Microsystems India Ltd | ₹2,953 Cr | — | 15.5 | 11.9 | 43.4% | 43.9% | 0.7 | 0.0% | +39.87% |
| R Systems International Ltd | ₹2,917 Cr | ₹246.2 | 15.8 | 2.7 | 26.3% | 15.6% | 0.5 | 6.5% | -36.22% |
| TechNVision Ventures Ltd | — | — | — | — | 0.0% | 4.9% | 5.8 | — | -10.21% |
| RPSG Ventures Ltd | ₹2,682 Cr | ₹810.75 | — | 1.1 | 0.1% | 2.4% | 3.3 | 0.0% | +14.8% |
| eMudhra Ltd | ₹2,639 Cr | ₹321.2 | 23.1 | 2.9 | 13.3% | 12.4% | 0.0 | 0.4% | -42.34% |
| Sasken Technologies Ltd | — | — | — | — | 7.2% | 8.2% | 0.0 | — | +18.93% |
| Rishabh Instruments Ltd | ₹2,490 Cr | ₹641.5 | 30.7 | 3.3 | 12.1% | 12.8% | 0.1 | 0.3% | +80.63% |
| Protean eGov Technologies Ltd | ₹2,480 Cr | ₹608.2 | 30.0 | 2.3 | 9.7% | 11.1% | 0.1 | 1.6% | -13.22% |
| Paramount Communications Ltd-$ | — | — | — | — | 8.0% | 10.2% | 0.2 | — | +86.48% |
| Zaggle Prepaid Ocean Services Ltd | ₹2,122 Cr | — | 16.3 | 1.6 | 10.5% | 13.1% | 0.0 | 0.0% | -48.52% |
| Valiant Communications Ltd-$ | ₹1,968 Cr | — | 71.1 | 20.0 | 30.6% | 32.6% | 0.0 | 0.1% | +262.48% |
| Ramco Systems Ltd | ₹1,920 Cr | ₹510.25 | 65.8 | 5.5 | 12.6% | 11.0% | 0.1 | 0.0% | +6.36% |
| One Mobikwik Systems Ltd | ₹1,804 Cr | — | — | 3.3 | -11.0% | -11.2% | 0.5 | 0.0% | -1.10% |
| Saksoft Ltd | ₹1,756 Cr | — | 13.7 | 2.2 | 19.0% | 21.4% | 0.1 | 0.8% | -25.85% |
| Blue Cloud Softech Solutions Ltd | — | — | — | — | 11.5% | 9.2% | 0.3 | — | -46.42% |
| Spice Lounge Food Works Ltd | — | — | — | — | 8.4% | 3.9% | 1.0 | — | +19.45% |
| Nucleus Software Exports Ltd | ₹1,726 Cr | ₹655.7 | 16.4 | 1.9 | 13.6% | 15.3% | 0.0 | 1.9% | -27.95% |
| NINtec Systems Ltd | ₹1,612 Cr | ₹868 | 48.0 | 17.6 | 41.6% | 44.7% | 0.0 | 0.0% | +124.87% |
| Nelco Ltd | ₹1,611 Cr | ₹705.85 | 405.7 | 12.3 | 2.3% | 3.6% | 0.6 | 0.1% | +0.43% |
| Creative Newtech Ltd | ₹1,607 Cr | ₹1,070.1 | 24.7 | 4.9 | 21.3% | 21.1% | 0.9 | 0.1% | +53.04% |
| Silver Touch Technologies Ltd | ₹1,535 Cr | — | 36.8 | 9.1 | 23.8% | 24.5% | 0.2 | 0.1% | -20.5% |
| Infobeans Technologies Ltd | — | — | — | — | 23.2% | 29.2% | 0.0 | — | -22.8% |
| Accelya Solutions India Ltd | ₹1,420 Cr | ₹951.2 | 15.0 | 5.7 | 36.0% | 48.4% | 0.1 | 7.4% | -23.18% |
| D-Link (India) Ltd | ₹1,395 Cr | ₹392.85 | 13.0 | 2.8 | 21.2% | 27.2% | 0.0 | 6.6% | -3.96% |
| Magellanic Cloud Ltd | — | — | — | — | 18.9% | 16.7% | 0.4 | — | -1.74% |
| Genesys International Corporation Ltd | — | — | — | — | 5.2% | 6.3% | 0.3 | — | -16.65% |
| IKIO Technologies Ltd | ₹1,312 Cr | — | 27.5 | 2.2 | 7.2% | 8.2% | 0.1 | 0.0% | -0.04% |
| Expleo Solutions Ltd | ₹1,247 Cr | ₹803.75 | 9.1 | 1.6 | 17.6% | 20.4% | 0.0 | 13.7% | -14.19% |
| RIR Power Electronics Ltd | ₹1,232 Cr | — | 123.8 | 8.8 | 6.2% | 5.9% | 0.1 | 0.1% | -37.73% |
| Dynacons Systems & Solutions Ltd | ₹1,226 Cr | ₹962.7 | 14.4 | 3.9 | 31.1% | 26.2% | 0.8 | 0.1% | -4.45% |
| Ivalue Infosolutions Ltd | ₹1,143 Cr | ₹208.76 | 11.0 | 2.0 | 19.0% | 21.9% | 0.1 | 0.0% | -16.91% |
| MIC Electronics Ltd | — | — | — | — | -5.9% | 7.5% | 0.2 | — | -8.70% |
| Macfos Ltd | ₹1,093 Cr | — | 41.4 | 11.4 | 30.9% | 35.3% | 0.4 | 0.0% | +43.37% |
| Panache Digilife Limited | ₹1,065 Cr | ₹665 | 60.3 | 10.1 | 19.8% | 19.8% | 0.3 | 0.0% | +130.73% |
| IZMO Ltd-$ | ₹1,050 Cr | ₹701.05 | 19.5 | 2.6 | 12.5% | 11.5% | 0.0 | 0.0% | +22.7% |
| Subex Ltd | — | — | — | — | 9.0% | 8.4% | 0.1 | — | +72.6% |
| Excelsoft Technologies Ltd | ₹914 Cr | — | 18.0 | 1.6 | 9.1% | 9.7% | 0.0 | 0.0% | -3.62% |
| Onward Technologies Ltd | ₹909 Cr | ₹415 | 19.5 | 3.7 | 18.4% | 19.3% | 0.2 | 1.9% | -3.75% |
| Unicommerce Esolutions Ltd | — | — | — | — | 15.2% | 13.9% | 0.1 | — | -29.34% |
| Orient Technologies Ltd | ₹899 Cr | ₹196.21 | 891.9 | 2.7 | 7.3% | 1.7% | 0.2 | 0.0% | -46.67% |
| Birla Cable Ltd | ₹888 Cr | ₹296.15 | 19.2 | 3.2 | 6.4% | 7.1% | 0.5 | 0.4% | +204.78% |
| Quick Heal Technologies Ltd | ₹773 Cr | — | — | 1.8 | -2.5% | -4.8% | 0.0 | 0.0% | -37.06% |
| TVS Electronics Ltd | ₹695 Cr | ₹369.25 | — | 7.2 | 11.6% | 18.6% | 0.6 | 0.0% | -7.26% |
| Exato Technologies Ltd | — | — | — | — | 24.6% | 25.0% | 0.2 | — | 0.00% |
| Xchanging Solutions Ltd | ₹637 Cr | — | 10.5 | 1.6 | 15.7% | 17.0% | 0.2 | 3.6% | -23.81% |
| Kellton Tech Solutions Ltd | — | — | — | — | 13.7% | 12.3% | 0.2 | — | -26.57% |
| Vakrangee Ltd-$ | — | — | — | — | 5.3% | 6.1% | 0.0 | — | -30.51% |
| Innovana Thinklabs Ltd | ₹576 Cr | ₹278.9 | 19.8 | 3.4 | 15.5% | 13.5% | 0.2 | 0.0% | -25.93% |
| Softtech Engineers Ltd | — | — | — | — | 2.9% | 4.8% | 0.2 | — | +42.79% |
| Solex Energy Limited | ₹569 Cr | ₹526.3 | 7.1 | 2.3 | 47.7% | 25.7% | 1.3 | 0.1% | -52.98% |
| BCC Fuba India Ltd | ₹560 Cr | — | 64.1 | 13.2 | 16.7% | 16.0% | 0.4 | 0.0% | +136.35% |
| Allied Digital Services Ltd | ₹558 Cr | — | 13.2 | 0.9 | 5.9% | 5.9% | 0.2 | 1.6% | -12.21% |
| Bhatia Communications & Retail (India) Ltd | ₹547 Cr | — | 26.9 | 4.1 | 15.2% | 12.7% | 0.1 | 0.1% | +69.7% |
| Dc Infotech and Communication Ltd | ₹544 Cr | ₹331.75 | 24.9 | 5.0 | 23.5% | 25.7% | 0.8 | 0.0% | +42.59% |
| ACE Software Exports Ltd-$ | — | — | — | — | 4.3% | 4.6% | 0.1 | — | -30.42% |
| Kavveri Defence & Wireless Technologies Ltd-$ | ₹496 Cr | — | — | 2.6 | 1.3% | 1.1% | 0.0 | 0.0% | +20.32% |
| Ksolves India Ltd | ₹487 Cr | ₹205.38 | 13.6 | 16.6 | 133.3% | 113.4% | 0.2 | 6.8% | -11.09% |
| ACS Technologies Ltd | — | — | — | — | 7.7% | 8.0% | 0.4 | — | +82.39% |
| 3i Infotech Ltd | — | — | — | — | 10.2% | 10.8% | 0.2 | — | +42.46% |
| CSM Technologies Limited | ₹440 Cr | — | 36.8 | 3.2 | 26.7% | —% | 0.7 | 0.6% | 0.00% |
| Sigma Solve Ltd | — | — | — | — | 38.1% | 38.7% | 0.0 | — | -25.76% |
| Mindteck (India) Ltd | ₹428 Cr | — | 13.8 | 1.4 | 11.4% | 12.5% | 0.0 | 0.8% | -35.67% |
| IRIS RegTech Solutions Ltd | ₹407 Cr | ₹198.03 | 32.1 | 2.0 | 91.7% | 62.8% | 0.0 | 0.0% | -23.33% |
| CyberTech Systems and Software Ltd | ₹386 Cr | — | 12.5 | 1.9 | 13.0% | 18.1% | 0.0 | 3.3% | +5.56% |
| Xtglobal Infotech Ltd | — | — | — | — | 7.8% | 6.9% | 0.3 | — | -10.67% |
| Inspirisys Solutions Ltd | — | — | — | — | 51.3% | 19.5% | 0.8 | — | -2.77% |
| Infinity Infoway Ltd | — | — | — | — | 25.0% | 22.4% | 0.0 | — | 0.00% |
| HCL Infosystems Ltd | — | — | — | — | —% | —% | — | — | -28.27% |
| Trejhara Solutions Ltd | ₹289 Cr | — | 22.3 | 0.9 | 3.4% | 3.7% | 0.1 | 0.0% | -40.01% |
| ABM Knowledgeware Ltd | ₹278 Cr | — | 31.5 | 1.2 | 4.2% | 6.2% | 0.0 | 1.0% | -49.49% |
| Vertoz Limited | — | — | — | — | 12.4% | 11.2% | 0.4 | — | -59.73% |
| Tera Software Ltd | ₹260 Cr | ₹207.97 | 10.5 | 1.8 | 18.6% | 20.5% | 0.3 | 0.6% | -41.3% |
| Jasch Gauging Technologies Ltd | ₹244 Cr | — | 16.1 | 2.5 | 15.7% | 19.8% | 0.0 | 3.9% | +0.94% |
| FCS Software Solutions Ltd | — | — | — | — | 0.6% | 0.9% | 0.0 | — | -20.69% |
| Alphalogic Techsys Ltd | — | — | — | — | 15.3% | 9.5% | 0.7 | — | -64.87% |
| Precision Electronics Ltd | ₹235 Cr | — | — | 15.9 | 4.2% | 2.6% | 4.8 | 0.0% | +32.55% |
| Smartlink Holdings Ltd | ₹216 Cr | — | 13.0 | 1.0 | 6.4% | 8.3% | 0.0 | 1.0% | +78.72% |
| Alankit Ltd | — | — | — | — | 6.8% | 6.5% | 0.1 | — | -27.69% |
| Aion-Tech Solutions Ltd | — | — | — | — | 0.5% | 0.8% | 0.3 | — | -10.34% |
| Nitiraj Engineers Limited | — | — | — | — | 1.3% | 1.6% | 0.0 | — | -4.97% |
| Equippp Social Impact Technologies Ltd | ₹204 Cr | — | 116.5 | 20.4 | 20.1% | 9.2% | 1.2 | 0.0% | -5.08% |
| Intense Technologies Ltd-$ | — | — | — | — | -11.9% | -16.5% | 0.0 | — | -28.54% |
| Cosmo Ferrites Ltd-$ | — | — | — | — | -6.7% | -5.1% | 3.0 | — | -36.23% |
| California Software Company Ltd | ₹182 Cr | — | 12.5 | 4.4 | 33.9% | 33.6% | 0.1 | 0.0% | +94.46% |
| Airan Ltd | — | — | — | — | 8.0% | 9.2% | 0.0 | — | -4.11% |
| Bartronics India Ltd | — | — | — | — | 19.4% | 11.8% | 0.3 | — | -50.69% |
| Empower India Ltd | ₹173 Cr | — | 9.3 | 0.5 | 5.8% | 5.6% | 0.1 | 0.0% | -16.34% |
| DRC Systems India Ltd | — | — | — | — | 21.6% | 18.3% | 0.0 | — | -31.66% |
| Refex Renewables & Infrastructure Ltd | — | — | — | — | —% | -8.1% | — | — | -54.57% |
| Atishay Ltd | — | — | — | — | 13.8% | 16.9% | 0.1 | — | -2.68% |
| Trigyn Technologies Ltd | — | — | — | — | 0.3% | 1.6% | 0.0 | — | -17.38% |
| GTT Data Solutions Ltd | ₹145 Cr | — | — | 1.9 | -32.1% | -16.6% | 0.5 | 0.0% | -55.37% |
| Virinchi Ltd | — | — | — | — | -5.6% | -3.2% | 0.6 | — | -42.55% |
| Reliable Data Services Ltd | ₹136 Cr | — | 15.0 | 1.9 | 10.9% | 9.4% | 0.7 | 0.0% | -5.67% |
| Avance Technologies Ltd | — | — | — | — | 3.4% | 2.4% | 0.4 | — | -29.9% |
| GVP Infotech Limited | — | — | — | — | -73.8% | -103.4% | 0.2 | — | -34.93% |
| Xelpmoc Design and Tech Ltd | ₹118 Cr | — | — | 1.6 | -10.9% | -9.3% | 0.0 | 0.0% | -31.17% |
| WEP Solutions Ltd | ₹115 Cr | — | 62.0 | 1.8 | 3.3% | 3.7% | 0.2 | 1.6% | -0.48% |
| Aksh Optifibre Ltd | — | — | — | — | —% | -198.8% | — | — | +21.0% |
| Artificial Electronics Intelligent Material Ltd | — | — | — | — | 30.1% | 21.4% | 0.9 | — | -88.24% |
| Cranes Software International Ltd | — | — | — | — | —% | —% | — | — | +47.45% |
| Dev Information Technology Ltd | — | — | — | — | 85.9% | 73.8% | 0.3 | — | -44.49% |
| Anka India Ltd | — | — | — | — | -3.4% | -1.0% | 0.1 | — | -33.48% |
| Variman Global Enterprises Ltd | — | — | — | — | 6.5% | 5.7% | 0.6 | — | -49.79% |
| Globalspace Technologies Ltd | — | — | — | — | 5.4% | 3.1% | 0.1 | — | +65.68% |
| Cressanda Railway Solutions Ltd | — | — | — | — | -10.3% | -11.1% | 0.0 | — | -51.78% |
| Titan Intech Ltd | — | — | — | — | 3.9% | 3.6% | 0.0 | — | -33.33% |
| Athena Global Technologies Ltd-$ | — | — | — | — | -8.3% | -2.4% | 0.9 | — | -40.22% |
| R.S. Software (India) Ltd | ₹75 Cr | — | — | 3.4 | -65.1% | -62.3% | 0.5 | 0.0% | -37.07% |
| Adroit Infotech Ltd | — | — | — | — | 4.3% | 5.6% | 0.3 | — | +35.8% |
| Cambridge Technology Enterprises Ltd | ₹71 Cr | — | 10.4 | 0.9 | 0.0% | 1.4% | 1.0 | 0.0% | +2.59% |
| Accel Ltd | ₹67 Cr | — | 18.6 | 1.0 | 8.0% | 1.4% | 0.9 | 3.0% | -32.93% |
| CG Vak Software & Exports Ltd | ₹66 Cr | — | 7.7 | 0.7 | 12.3% | 15.0% | 0.0 | 0.7% | -46.84% |
| Sagarsoft (India) Ltd | ₹58 Cr | — | — | 0.8 | -20.7% | -17.9% | 0.1 | 1.8% | -41.66% |
| Aeonx Digital Technology Ltd | — | — | — | — | -1.2% | -1.4% | 0.0 | — | -24.53% |
| Securekloud Technologies Ltd | — | — | — | — | —% | —% | — | — | -34.09% |
| VEDAVAAG Systems Ltd | — | — | — | — | 3.3% | 4.4% | 0.0 | — | -50.16% |
| HandsOn Global Management (HGM)Ltd | — | — | — | — | -13.7% | -3.0% | 1.2 | — | -37.04% |
| We Win Ltd | — | — | — | — | 15.1% | 10.0% | 0.1 | — | +7.21% |
| SGL Resources Ltd | — | — | — | — | 0.1% | 0.1% | 0.4 | — | -54.22% |
| Telogica Ltd | ₹49 Cr | — | — | 1.5 | 5.7% | 4.6% | 0.2 | 0.0% | -29.33% |
| Danube Industries Ltd | ₹44 Cr | — | 32.5 | 1.2 | 3.9% | 5.1% | 0.9 | 0.0% | +1.88% |
| Suvidhaa Infoserve Ltd | ₹44 Cr | — | — | 1.6 | -31.4% | -34.8% | 0.1 | 0.0% | -40.29% |
| Fine Line Circuits Ltd | ₹43 Cr | — | 369.9 | 4.7 | 0.2% | 0.2% | 0.8 | 0.0% | -17.8% |
| Orchasp Ltd | — | — | — | — | 0.9% | 0.9% | 0.1 | — | -57.09% |
| Lee & Nee Softwares Exports Ltd | — | — | — | — | 0.6% | 1.0% | 0.0 | — | -29.49% |
| IB Infotech Enterprises Ltd | — | — | — | — | 53.6% | 40.5% | 0.5 | — | -83.63% |
| Incap Ltd | ₹37 Cr | — | 79.4 | 2.3 | 0.9% | 3.1% | 0.2 | 1.5% | -14.62% |
| Raminfo Ltd | ₹36 Cr | — | 18.0 | 0.6 | 2.7% | 3.8% | 0.1 | 0.0% | -43.09% |
| GSS Infotech Ltd | — | — | — | — | -15.3% | -11.2% | 0.5 | — | -33.44% |
| ERP Soft Systems Ltd | — | — | — | — | 1.0% | 1.2% | 0.1 | — | -61.78% |
| Vama Industries Ltd | — | — | — | — | -13.4% | -11.2% | 0.1 | — | -47.63% |
| COSYN Ltd | ₹15 Cr | — | 134.7 | 0.6 | 0.4% | 0.7% | 0.1 | 0.0% | -29.37% |
| First Fintec Ltd | — | — | — | — | -0.5% | 0.2% | 0.0 | — | +103.33% |
| Svam Software Ltd | — | — | — | — | 0.5% | 0.6% | 0.2 | — | -26.16% |
| Catvision Ltd | ₹11 Cr | — | 17.6 | 1.2 | 0.7% | 1.1% | 0.0 | 22.6% | -13.91% |
| Panabyte Technologies Ltd | — | — | — | — | 1.9% | 2.7% | 0.5 | — | -57.26% |
| ObjectOne Information Systems Ltd | — | — | — | — | 0.6% | 1.2% | 0.1 | — | -21.43% |
| AJEL Ltd | ₹7 Cr | — | — | 0.5 | -3.4% | -1.9% | 0.9 | — | -11.41% |
| Bharatiya Global Infomedia Ltd | ₹5 Cr | — | 1.5 | 0.1 | 3.9% | -0.9% | 0.1 | 0.0% | -15.05% |
| Nihar Info Global Ltd | ₹4 Cr | — | 2.8 | 0.6 | 6.6% | 9.8% | 0.4 | 0.0% | -14.46% |
Indian IT services is a $250B+ export powerhouse employing over 5 million people. The sector is navigating a transition from traditional services to AI-led transformation deals. While discretionary spending has slowed, large deal pipelines remain robust with total contract values at record levels.
Companies are investing heavily in AI and automation capabilities, which could improve margins long-term. Key metrics: Revenue growth in constant currency, EBIT margins, attrition rates, and deal TCV. The sector offers strong cash generation, high ROE (25-35%), near-zero debt, and consistent dividend yields.
INR depreciation provides natural margin support. Valuation at 25-30x PE is premium but justified by cash flow quality.
rupiya.io is for research and education only. Metrics shown are not investment advice. Validate with SEBI-regulated disclosures before acting.