Top IT Companies In India
The 21st century will be defined by information technology, and India will be at the centre of world attention as a knowledge powerhouse.
According to a report by industry body Nasscom and global consulting firm McKinsey, India's technology services industry can generate $300-350 billion in annual revenue by 2025 if it can capitalise on the fast-emerging business potential in cloud, artificial intelligence (AI), cybersecurity, and other emerging technologies.
In the next 20 years, the world will undoubtedly alter dramatically as a result of technological advancements and innovation. As a shareholder in an IT firm, you must understand which technologies to employ in order to stay ahead of the competition and make big profits.
In this guide, you’ll learn:
The Top 10 Biggest IT Companies in India as of 2021 are listed below. The list is ranked based on Market capitalisation.
1. TCS - Tata Consultancy Service
Quick Overview— TCS
Foundation
1968
Trading Symbol
TCS
Type
Large (Blue Chip)
Market-Cap
Rs 1,281,443 Cr.
Revenue
Rs 164,177 Cr.
ROE
37.52 %
Promoter holding
72.19 %
Dividend Yield
1.10
Debt to Equity
0.0
Pros & Cons— TCS
Pros
Cons
Company is debt free
Stock is trading at 13.15 times its book value
Company has a good return on equity (ROE)
Poor sales growth over past five years
Company has been maintaining a healthy dividend payout
Promoters holdings is good
2. Infosys
Quick Overview— Infosys
Foundation
1981
Trading Symbol
INFY
Type
Large (Blue Chip)
Market-Cap
Rs 711,430 Cr.
Revenue
Rs 100,472 Cr.
ROE
27.2 %
Promoter holding
13.1 %
Dividend Yield
1.60 %
Debt to Equity
0.07
Pros & Cons— Infosys
Pros
Cons
Company is almost debt free.
Insiders sold stocks
Company has a good return on equity (ROE)
Poor sales growth over past five years
Company has been maintaining a healthy dividend payout
Stock is trading at 10.17 times its book value
Promoters increasing shareholding QoQ
Promoters holdings is bad
3. Wipro
Quick Overview— Wipro
Foundation
1945
Trading Symbol
WIPRO
Type
Large (Blue Chip)
Market-Cap
Rs 340,623 Cr.
Revenue
Rs 61,934 Cr.
ROE
19.6 %
Promoter holding
73.0 %
Dividend Yield
0.16 %
Debt to Equity
0.22
Pros & Cons— Wipro
Pros
Cons
Company is almost debt free.
Poor sales growth over past five years
Promoters holdings is good
Effectively using its capital to generate profits
4. HCL Tech
Quick Overview— HCL Tech
Foundation
1976
Trading Symbol
HCLTECH
Type
Large (Blue Chip)
Market-Cap
Rs 301,230 Cr.
Revenue
Rs 75,379 Cr.
ROE
21.2 %
Promoter holding
60.3 %
Dividend Yield
1.98 %
Debt to Equity
0.02
Pros & Cons— HCL Tech
Pros
Cons
Company is almost debt free.
Stock is trading at 7.02 times its book value
Company has a good return on equity (ROE)
Company has been maintaining a healthy dividend payout
5. Tech Mahindra
Quick Overview— Tech Mahindra
Foundation
1986
Trading Symbol
TECHM
Type
Large (Blue Chip)
Market-Cap
Rs 148,199 Cr.
Revenue
Rs 37,855 Cr.
ROE
19.0 %
Promoter holding
35.7 %
Dividend Yield
0.98 %
Debt to Equity
0.10
Pros & Cons— Tech Mahindra
Pros
Cons
Company is almost debt free.
The company has delivered a poor sales growth
Company has reduced debt.
6. L&T Infotech
Quick Overview— L&T Infotech
Foundation
1996
Trading Symbol
LT
Type
Large (Blue Chip)
Market-Cap
Rs 249,801 Cr.
Revenue
Rs 12,369 Cr.
ROE
19.3 %
Promoter holding
0.00 %
Dividend Yield
1.01 %
Debt to Equity
1.66
Pros & Cons— L&T Infotech
Pros
Cons
Company has been maintaining a healthy dividend payout
The company has delivered a poor sales growth
Strong financial
Stock is trading at 3.26 times its book value
Company with high PE
7. Mindtree
Quick Overview— Mindtree
Foundation
1999
Trading Symbol
MINDTREE
Type
Large (Blue Chip)
Market-Cap
Rs 73,417 Cr.
Revenue
Rs 7,967 Cr.
ROE
29.7 %
Promoter holding
61.0 %
Dividend Yield
0.56 %
Debt to Equity
0.12
Pros & Cons— Mindtree
Pros
Cons
Company is almost debt free
Stock is trading at 15.76 times its book value
Company has been maintaining a healthy dividend payout
Stock with high PE
Company's median sales growth is good
8. Mphasis
Quick Overview— Mphasis
Foundation
1998
Trading Symbol
MPHASIS
Type
Large (Blue Chip)
Market-Cap
Rs 57,323 Cr.
Revenue
Rs 9,722 Cr.
ROE
19.7 %
Promoter holding
56.0 %
Dividend Yield
1.24 %
Debt to Equity
0.24
Pros & Cons— Mphasis
Pros
Cons
Company is almost debt free
Stock with high PE
9. Oracle Fin Serv
Quick Overview— Oracle Fin Serv
Foundation
1990
Trading Symbol
OFSS
Type
Large (Blue Chip)
Market-Cap
Rs 36,056 Cr.
Revenue
Rs 4,983 Cr.
ROE
26.3 %
Promoter holding
73.2 %
Dividend Yield
4.78 %
Debt to Equity
0.01
Pros & Cons— Oracle Fin Serv
Pros
Cons
Company is almost debt free
The company has delivered a poor sales growth over 5 years
Company has reduced debt.
Degrowth in revenue
Company has been maintaining a healthy dividend payout
Company has a good return on equity (ROE)
Stock is providing a good dividend yield of 4.78%
10. COFORGE LTD.
Quick Overview— COFORGE LTD.
Foundation
1992
Trading Symbol
COFORGE
Type
Large (Blue Chip)
Market-Cap
Rs 31,938 Cr.
Revenue
Rs 4,662 Cr.
ROE
19.3 %
Promoter holding
50.2 %
Dividend Yield
0.49 %
Debt to Equity
0.21
Pros & Cons— COFORGE LTD.
Pros
Cons
Company is almost debt free.
Stock is trading at 12.90 times its book value
Promoters holding is good
Company might be capitalizing the interest cost
Promoter holding has decreased over last quarter: -5.55%
Stock with high PE
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