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 |
