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:

Introduction
List Of Top IT Companies In India
TCS
Infosys
Wipro
HCL Tech
Tech Mahindra
L&T Infotech
Mindtree
Mphasis
Oracle Fin Serv
COFORGE LTD.

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