According to total sales, the Top 10 IT companies in India [Indian IT companies] are listed in this article. Take a peek at the Indian IT Industry first. India is the location of the largest IT firms.
The NASSCOM Report states that India’s IT export earnings increased by 8.3% to an anticipated $136 billion in the fiscal year 2019. The world we live in is changing as a result of technological advancements. Every area of human life will continue to change as a result of exponential advancements in technologies like cloud computing, artificial intelligence (AI), machine learning, robotics, the Internet of Things (IoT), augmented reality, and virtual reality. The top software businesses in India are listed below.
The top 10 largest Indian IT companies are shown below. The order of the list is determined by recent cumulative sales. Indian IT businesses include:
1. Tata Consultancy Services, India’s largest IT firm
According to revenue, Tata Consultancy Service is India’s largest IT company. For the past 50 years, TCS, a provider of IT services, consulting, and business solutions, has worked with the biggest corporations in the world to improve their operations.
TCS provides a spectrum of business, technology, and engineering services and solutions that are consulting-led, cognitive-powered, and integrated. In terms of market capitalization, TCS is the biggest firm in India. On the list of the top 10 IT companies in India by 2022, it is the largest.
- Revenue: Rs 1,67,311 billion
- Market Cap: Rs 845,337 Cr.
- Personnel: 420,000
- ROE: 35.98%
- 3 years sales growth: 10.47%
- Promoter ownership: 72.05.%
TCS boasts more than 420,000 of the best-trained consultants in the world spread over 50 countries and is a member of the Tata group, India’s largest multinational corporate company. The biggest software company in India is TCS.
For the fiscal year that concluded on March 31, 2019, the company’s combined revenues totaled $20 billion US. It is listed on the Indian stock exchanges BSE (previously Bombay Stock Exchange) and NSE (National Stock Exchange). The company’s market value is Rs. 8,10,000,000,000.
Infosys, a multinational consulting and IT services company with more than 228,000 people, was founded in 1981 and is listed on the NYSE. On the list of the top 10 IT companies in India by 2020, it is the second largest. one of India’s top software providers.
From a starting capital of US$ 250 to a US$ 11.8 billion (FY19 revenues) corporation with an estimated US$ 47.7 billion market value. It is among India’s top IT companies.
- Revenue: Rs 1,02,673 billion
- Market Cap is Rs 282,028 Cr.
- Personnel: 228,000
- ROE: 23.50%
- 3 Years sales growth: 9.81%
- Promoter stake: 13.15 percent
Over the past 37 years, the firm has sparked some of the significant shifts that have made India the go-to country for software services expertise worldwide. The first Indian IT company to list on NASDAQ.
3. HCL Technologies
One of the best IT businesses in India is HCL Technologies. The Company is a top provider of worldwide IT services that aids in the re-imagination and transformation of organizations via the use of digital technology.
The Company’s Mode 1-2-3 growth plan emphasizes the need of offering an integrated array of services. Tech is among the top three it businesses in India.
- Revenue: Rs. 76,306 Cr.
- Market Cap: Rs. 153,370 Cr.
- ROE: 25.76%
- 3 Years Sales Growth: 24.74%
- Promoter ownership: 60%
In order to provide comprehensive multi-service delivery in important industry verticals like Financial Services, Manufacturing, Telecommunications, Media, Publishing, Entertainment, Retail & CPG, Life Sciences & Healthcare, Oil & Gas, Energy & Utilities, Travel, Transportation & Logistics, and Government, the Company leverages its global network of integrated co-innovation labs and global delivery capabilities.
In order to restructure the business and IT landscape of clients and make it “leaner” and “agile,” Mode 1 includes the fundamental services in the areas of Applications, Infrastructure, BPO and Engineering, as well as R&D services.
To promote business outcomes and facilitate enterprise digitization, Mode 2 focuses on experience-centric and outcome-oriented integrated offerings of Digital & Analytics, IoT WoRKSTM, Cloud Native Services, and Cybersecurity & GRC services.
Using creative IP collaborations to develop goods and platforms, Mode 3 strategy is ecosystem-driven.
4. Wipro Limited
Wipro Limited is a well-known provider of business process services and information technology consultancy in the world [Indian IT businesses]. It is one of India’s top 5 IT companies.
The business uses cutting-edge technologies including cognitive computing, hyper-automation, robots, cloud computing, and analytics to help clients succeed in the digital world. Tech ranks as the fourth-largest top it company in India.
- Revenue: Rs 64,338 billion
- Market Cap: Rs 153,043 Cr.
- Personnel: 160,000
- ROE: 17.26%
- 3 years of sales growth: 4.82%
- Promotional stake: 74.04%
The Company has over 160,000 committed people servicing clients across six continents. It is one of the Indian IT organizations that is renowned on a global scale for its extensive portfolio of services, a strong commitment to sustainability, and excellent corporate citizenship. Together, one of the greatest Indian IT firms will find inspiration and make connections in order to create a better and more daring future.
5. Redington India Limited
Redington, which was founded in 1993, has had a long and interesting journey to become one of the greatest Indian IT firms. It is one of India’s top 5 IT companies.
- Revenue: Rs. 47,996 billion.
- Market Cap: Rs. 4,438 billion.
- ROE: 15.00%
- 3 years of sales growth: 9.50%
- Promoter ownership: 0%
Today’s cutting-edge innovations in artificial intelligence (AI), robotics, big data analytics, the internet of things (IoT), and 5G communications are creating new prospects for the future. The fifth-largest Indian top tech company is Redington India Ltd.
6. Tech Mahindra
Tech Mahindra is a symbol of the networked world, providing cutting-edge, customer-focused information technology experiences that empower businesses, associates, and society as a whole to riseTM.
The $9 billion corporation has 125,700+ employees working in 90 different countries and serving 941 international clients, including Fortune 500 companies. It is among India’s top IT companies. The Mahindra Group includes Tech Mahindra.
- Revenue: Rs. 38,643 billion
- Market Cap: 70,141 Cr.
- Personnel: 125,700
- ROE: 21.58%
- 3 years sales growth: 9.45%
- Promoter ownership: 35.68%
Convergent, digital, design experiences, innovation platforms, and reusable assets of the company integrate across a variety of technologies to provide our stakeholders with real-world commercial value and experiences. The Forbes Global Digital 100 list from 2018 and the Forbes Fab 50 list of Asian firms both place Tech Mahindra as the highest-ranked non-American company (2018).
7. Larsen & Toubro Infotech Ltd.
It was established 20 years ago as the Larsen & Toubro group’s information technology division. It is also among India’s top IT firms.
- Revenue: Rs. 12,644 billion
- Market Cap: 29,302 crores.
- ROE: 34.63%
- 3 years sales growth: 17.34%
- Promotional stake: 74.62%
More than 360 clients are helped by LTI, a global provider of digital solutions and technology consultancy, to prosper in a converged world. With operations in 30 countries, LTI’s Mosaic platform, enabling their mobile, social, analytics, IoT, and cloud journeys, will help businesses speed digital transformation.
8. Mphasis Limited
Mphasis, a 1992 company, has around 22,000 people spread across sixteen countries and serves prestigious clients all over the world, including six of the world’s top banks, eleven of the top fifteen mortgage lenders, and three of the world’s top insurance firms. It ranks high among Indian software firms.
- Revenue: Rs 9,855 billion
- Personnel: 22,000
- Market Cap: 17,738 Cr.
- ROE: 19.96%
- 3 years sales growth: 8.33%
- Promoter ownership is 52.22%.
The majority (60.5%) of Hewlett Packard Enterprise’s interest in Mphasis was acquired by Blackstone Private Equity, the largest private equity firm in the world. This transaction represents Blackstone’s largest acquisition and technology investment in India. Coupled with strong domain expertise in the Banking, Financial Services, and Insurance verticals, Mphasis’ key reference architectures & tools.
9. Mindtree Ltd.
A leading provider of technology consulting and support services, Mindtree assists businesses in balancing scale and agility to gain a competitive edge. Mindtree was “born digital” in 1999 and is now a Larsen & Toubro Group Company. To break down silos, make sense of digital complexity, and accelerate the launch of new initiatives, Mindtree applies its extensive subject expertise to 350+ enterprise customer engagements.
- Revenue: Rs. 8,119 Cr.
- Market value: Rs 11,855 billion.
- Personnel: 21,000
- ROE: 24.94%
- 3 years sales growth: 14.54%
- Promotional stake: 73.76%
In order to promote business innovation, the company uses emerging technologies and the benefits of Continuous Delivery to enable IT to move at the speed of business. operating globally with 21,000 employees across more than 15 nations. On the list of the best software businesses in India is this one.
10. Hexaware Technologies Limited
Hexaware is a market leader and the fastest-growing provider of IT, BPO, and consulting services in the future generation. It is one of India’s top IT companies.
The company was born at the confluence of three cutting-edge technologies that accelerate businesses into the digital era: AUTOMATE EVERYTHINGTM, CLOUDIFY EVERYTHINGTM, and TRANSFORM CUSTOMER EXPERIENCESTM.
- Revenue: Rs 5,306 billion
- Market Cap: 10,165 Cr.
- Personnel: 18,294
- ROE: 26.53%
- 3 years sales growth: 14.17%
- Promoter ownership: 62.45%
Expanding global delivery capability, with 33 global offices and 18,294+ workers, significantly strengthens HTL’s growth plan. HTL provides customer care in more than two dozen languages, covering all of the main time zones and regulatory zones.
Frequently Asked Questions (FAQs)
What is an IT firm?
An organization having staff members skilled in developing, administering, and sustaining services and solutions supported by technology is known as an IT company.
Which Indian IT company is the biggest?
In terms of revenue and capital, Tata Consultancy Services (TCS) is regarded as the biggest IT company in India.
Is Google a business that provides IT services?
Yes, Google is a multi-national IT company that offers goods and services to support clients and clients’ success.
Are new hires in IT firms paid well?
Entry-level workers in IT organizations typically make around Rs. 300K per year in base pay. Depending on the position you’re looking for, your experience, talents, and employer, this amount may change.
Which Indian IT company has the highest salaries?
In the Indian IT industry, TCS, Infosys, and HCL Technologies are a few businesses that provide entry-level and seasoned workers with respectable compensation packages.
Is working in the IT industry a good idea?
Yes, India’s IT industry is prospering and has a bright future with high growth rates and educational prospects. Becoming involved in this sector entails being an agent of change.