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Top 10 IT Companies In India | Trusted Software Developer

Top 10 IT Companies In India: Information technology (IT) uses computers to store, retrieve, transmit, and manipulate data or information. IT is typically used within the context of the business operation as opposed to personal or entertainment technologies. IT is considered to be a subset of information and communication technology (ICT). An information technology system (IT system) is generally an information system, a communication system, or, more specifically speaking, a computer system.

Top 10 IT Companies In India

India is one of the biggest IT offshoring hubs, and Top IT companies play a significant role in developing the countries’ economies. According to the NASSCOM Report, IT sector revenue grew 7.7% in FY20 to $191 billion. IT sector added 2 lakh jobs in FY20, taking overall workforce strength to 4.36 million, said the Indian IT lobby group NASSCOM. In this article, we are going to discuss the top 10 IT companies in India. TCS is ranked in the first position in the list of top 10 IT companies in India.

No.1 Tata Consultacy Service (TCS)

TCS was founded in 1968 to provide the punched card services to Tata Steel. Today Tata Consultancy service(TCS) is the largest IT Company in India by Revenue and Total Market Cap for an IT company. TCS is the second-largest company in India in terms of Market Capitalization. It is the largest in the list of top 10 IT companies in India 2021.

  • Revenue: Rs 152,497Cr
  • Market Cap: Rs 845,337 Cr.
  • Employees: 420,000
  • ROE: 35.98 %
  • Sales Growth (3Yrs): 10.47 %
  • Promoter holding: 72.05 %
  • CEO: Rajesh Gopinathan
  • Headquarters: Mumbai, Maharashtra, India

No.2 Infosys

Established in 1981 by seven engineers with a capital of US$ 250, Infosys is a global consulting and IT services company with a revenue of US$13 billion(FY20 revenues). Infosys is the second-largest IT Company on the list of top 10 IT companies in India 2020. Infosys is the first NASDAQ-listed Indian IT Company. Today Infosys is a BSE and NYSE listed company with 242,371 employees.

  • Revenue: Rs 87,371 Cr
  • Market Cap: Rs  282,028 Cr.
  • Employees: 228,000
  • ROE: 23.50 %
  • Sales Growth (3Yrs): 9.81 %
  • Promoter holding: 13.15 %
  • CEO: Salil Parekh
  • Headquarters: Bengaluru, Karnataka, India

No.3 HCL Technologies

HCL Technologies is one of the best Indian IT companies in India. Six engineers, led by Shiv Nadar, started a company that would make personal computers, and on 11 August 1976, the company was started as Hindustan Computers Limited (HCL)HCL is a leading global IT service and consulting company that helps global enterprises re-imagine and transform their businesses through Digital technology transformation.

  • Revenue: Rs 65,643Cr
  • Market Cap: Rs 153,370 Cr.
  • ROE: 25.76 %
  • Sales Growth (3Yrs): 24.74 %
  • Promoter holding: 60.00 %
  • CEO: C Vijayakumar 
  • Headquarters: Noida, Uttar Pradesh, India

No.4 Wipro Limited

Wipro (formerly Western India Palm Refined Oil Limited ) is a leading global information technology [Indian IT companies] consulting and business process services company. Wipro is one of India’s excellent Indian IT companies mentored by Azim Premji and on the list of the top-five IT companies in India. On 6 July 2020, Thierry Delaporte became the new CEO of Wipro.

  • Revenue: Rs 60,137 Cr
  • Market Cap: Rs 153,043 Cr.
  • Employees: 160,000
  • ROE: 17.26 %
  • Sales Growth (3Yrs): 4.82 %
  • Promoter holding: 74.04 %
  • CEO: Thierry Delaporte 
  • Headquarters: Bengaluru, Karnataka, India

No.5 Tech Mahindra Ltd.

Tech Mahindra Limited is a Mahindra Group subsidiary, providing information technology (IT) services and business process outsourcing (BPO). Other Top Indian IT Companies has clients from mainly the USA; however, Tech Mahindra’s primary client bases are in Europe/UK. Tech Mahindra is considered one of the best IT companies from India in the Telecom Domain.

  • Revenue: Rs 35,119 Cr
  • Market Cap:  70,141 Cr.
  • Employees: 125,700
  • ROE: 21.58 %
  • Sales Growth (3Yrs): 9.45 %
  • Promoter holding: 35.88 %
  • CEO: C.P. Gurnani
  • Headquarters: Pune, Maharashtra, India

No.6 Larsen & Turbo Infotech Ltd.

Larsen & Toubro Infotech Ltd, also known as LTI, is a global IT solutions and services company based in Mumbai, India. Founded in December 1996 as a wholly-owned subsidiary of Larsen & Toubro Ltd (L&T), according to NASSCOM, Larsen & Toubro Infotech(LTI) is the sixth-largest Indian IT services company in terms of export revenues.

  • Revenue: Rs 10,014Cr
  • Market Cap: Rs  29,302 Cr.
  • ROE: 34.63 %
  • Sales Growth (3Yrs): 17.34 %
  • Promoter holding: 74.62 %
  • CEO: Sanjay Jalona
  • Headquarters: Mumbai, Maharashtra, India

No.7 Mphasis Ltd.

Incorporated in June 1992, as a result of the merger of the US-based IT company Mphasis Corporation and the Indian IT company BFL Software Limited, it is one of the top Software and IT companies in India. Mphasis provides information technology services, integrated solutions, business process outsourcing, infrastructure technology, and application services.

  • Revenue: Rs 7,973 Cr
  • Employees: 22,000
  • Market Cap:  17,738 Cr.
  • ROE: 19.96 %
  • Sales Growth (3Yrs): 8.33 %
  • Promoter holding: 52.22 %
  • CEO: Nitin Rakesh 
  • Headquarters: Bengaluru, Karnataka, India

No.8 Mindtree Ltd.

Mindtree is one of the new age Indian IT companies that started working on Digital Transformation projects earlier than some of India’s biggest IT companies. L&T group acquired Mindtree however works as a separate entity compared to an expectation of merging it with Larson and Toubro Infotech (Another IT subsidiary of L&T group). The company is a global technology consulting and services company and provides outstanding services for e-commerce, mobile applications, cloud computing, digital transformation, data analytics, and enterprise application integration.

  • Revenue: Rs 7,375 Cr
  • Market Cap: Rs 11,855 Cr.
  • Employees: 21000
  • ROE: 24.94 %
  • Sales Growth (3Yrs): 14.54 %
  • Promoter holding: 73.76 %
  • CEO: Debashis Chatterjee
  • Headquarters: Bengaluru, Karnataka, India

No.9 Hexaware Technologies Ltd.

Founded as Information Technology, BPO service company in 1990, today Hexaware Technologies Limited is a global leader and the fastest growing next-generation IT, BPO, and consulting services providerIt is one of the best Top 10 Indian IT companies in India. Hexaware provides various services, including Application Transformation and Management Services, Business Intelligence and Analytics, Digital Assurance, Enterprise Solutions, Business Process Services, and Infrastructure Management Services.

  • Revenue: Rs 5,306Cr
  • Market Cap:  10,165 Cr.
  • Employees: 18,294
  • ROE: 26.53 %
  • Sales Growth (3Yrs): 14.17 %
  • Promoter holding: 62.45 %
  • CEO: R Srikrishna
  • Headquarters: Navi Mumbai, Maharashtra, India

No.10 Reddington India Ltd.

Established in 1993, Redington has traversed an eventful and exciting journey to one of the best Indian IT companies. It is on the list of the top 5 IT companies in India. The incredible journey has seen us emerge from one brand, one product category, and one market into a US $6.7 billion distribution and supply chain solutions provider to over 220 international brands in IT.

  • Revenue: Rs 47,996Cr.
  • Market Cap: Rs 4,438 Cr.
  • ROE: 15.00 %
  • Sales Growth (3Yrs): 9.50 %
  • Promoter holding: 0.00 %
  • CEO: Mitesh Sheth
  • Headquarters: Chennai, TamilNadu

Final Thought

Based on research, here is the list of the top 10 IT companies in India. We have classified these companies based on their revenue, tax, distribution, and many more details. TCS is in the first position in the list of top 10 IT companies in India. It is a subdiary of TATA company. We have explained every important detail of the top 10 IT companies in India.

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