IT Services Industry — Sector Outlook & Stocks

The IT Services industry on FinBizNet covers 167 listed companies, with broker-view summaries, sub-industry segmentation, latest quarterly results and peer comparisons for each constituent.

IT Services industry at a glance

Listed companies167
Combined market cap₹26,66,205 Cr
Median P/E (profitable companies)22.9
Median return on equity7.5%
Companies with latest quarterly results83 of 167

Companies in the IT Services industry

CompanyMarket CapP/EROEQuarterly RevenueQuarterly Net ProfitQuarter
Tata Consultancy Services (TCS)₹8,91,859 Cr18.148.4%₹73,188 Cr₹13,934 CrQ2 FY27
Infosys Ltd. (Infy)₹4,70,326 Cr16.031.1%₹49,244 Cr₹7,838 CrQ2 FY27
HCL Technologies Ltd₹3,73,514 Cr22.523.0%₹35,620 Cr₹5,170 CrQ2 FY27
Wipro Ltd.₹1,82,433 Cr14.515.5%₹24,753 Cr₹3,191 CrQ2 FY27
Tech Mahindra Limited₹1,58,567 Cr32.716.6%₹16,180 Cr₹1,610 CrQ2 FY27
LTM Ltd₹1,30,203 Cr25.221.3%₹11,808 Cr₹1,380 CrQ2 FY27
Coforge Ltd₹86,465 Cr43.818.6%₹6,171 Cr₹605 CrQ2 FY27
Persistent Systems Ltd.₹85,684 Cr47.626.4%₹4,664 Cr₹352 CrQ2 FY27
Mphasis Ltd.₹47,495 Cr25.618.3%₹4,384 Cr₹490 CrQ1 FY27
Hexaware Technologies Limited₹35,516 Cr25.9—₹3,845 Cr₹330 CrQ1 FY27
Tata Technologies₹29,392 Cr52.314.6%₹1,699 Cr₹160 CrQ2 FY27
Netweb Technologies India Ltd₹26,943 Cr129.632.8%₹1,323 Cr₹137 CrQ2 FY27
ESDS Software Solution Limited₹17,723 Cr121.6—₹134 Cr₹29 CrQ1 FY27
Black Box Ltd₹16,109 Cr70.821.3%₹1,719 Cr₹56 CrQ1 FY27
E2E Networks Ltd₹14,284 Cr—-0.9%₹224 Cr₹73 CrQ2 FY27
Cyient Ltd₹12,442 Cr30.47.8%₹2,235 Cr₹136 CrQ2 FY27
Zensar Technologies Ltd₹11,575 Cr15.217.6%₹1,508 Cr₹184 CrQ1 FY27
Asm Technologies Ltd₹9,632 Cr125.325.7%₹194 Cr₹27 CrQ1 FY27
Sonata Spftware Ltd₹6,865 Cr14.425.7%₹3,279 Cr₹108 CrQ1 FY27
Happiest Minds Technologies Ltd₹5,047 Cr22.913.0%₹629 Cr₹68 CrQ1 FY27
Cigniti Technologies Ltd₹3,468 Cr—23.5%₹579 Cr₹80 CrQ3 FY26
R Systems International Ltd₹3,099 Cr17.117.8%₹602 Cr₹56 CrQ1 FY27
Protean Egov Technologies Ltd₹2,562 Cr25.09.7%₹251 Cr₹6 CrQ1 FY27
Technvision Ventures Ltd₹2,362 Cr10955.91.4%₹6 Cr₹0 CrQ1 FY27
Kody Technolab Limited₹2,220 Cr134.1————
Hinduja Global Solutions Ltd.₹1,664 Cr—-1.8%₹1,050 Cr₹-66 CrQ1 FY27
Silver Touch Technologies Limited₹1,630 Cr44.323.5%₹77 Cr₹10 CrQ1 FY27
Accelya Solutions India Limited₹1,614 Cr17.036.1%₹138 Cr₹29 CrQ2 FY27
Nintec Systems Ltd₹1,582 Cr51.241.9%₹46 Cr₹9 CrQ1 FY27
Shalimar Agencies Ltd₹1,573 Cr170.40.3%₹2 Cr₹0 CrQ1 FY27

Market data from the FinBizNet stock universe; quarterly figures in ₹ crore, parsed from each company's exchange filing (XBRL). Showing the 30 largest of 167 companies.

Sub-industries within IT Services

Frequently Asked Questions

Which stocks are in the IT Services industry?

FinBizNet tracks 167 listed companies in the IT Services industry, including Tata Consultancy Services (TCS), Infosys Ltd. (Infy), HCL Technologies Ltd, Wipro Ltd., Tech Mahindra Limited, LTM Ltd, Coforge Ltd, Persistent Systems Ltd., among others.

What are the largest IT Services companies by market capitalisation?

By market capitalisation, the largest IT Services companies are Tata Consultancy Services (TCS) (₹8,91,859 Cr), Infosys Ltd. (Infy) (₹4,70,326 Cr), HCL Technologies Ltd (₹3,73,514 Cr), Wipro Ltd. (₹1,82,433 Cr), Tech Mahindra Limited (₹1,58,567 Cr).

What is the combined market capitalisation of the IT Services industry?

The 167 IT Services companies tracked on FinBizNet have a combined market capitalisation of about ₹26,66,205 Cr.

What is the median P/E ratio in the IT Services industry?

The median price-to-earnings ratio across 130 profitable IT Services companies is 22.9, and the median return on equity across the industry is 7.5%. Medians are shown for context only.

What does FinBizNet cover for the IT Services industry?

FinBizNet aggregates broker research, sub-industry breakdowns, quarterly results and peer-stock comparisons across the IT Services industry.