Computers - Software & Consulting sector
43 companies · ₹23.9 L cr · 22 with AI deep dives
5y revenue CAGR
median 15.02%(p25 8.38% · p75 23.28%)
5y avg ROCE
median 19.38%(p25 13.79% · p75 26.38%)
Debt / equity
median 0.07x(p25 0.02x · p75 0.19x)
AI sector brief
from the bucket's latest earnings calls · as of 2026-06-30tailwindAI services revenue reaching measurable scale across the sector9 managements
TCS reported $2.6B annualised AI services revenue (+13.6% QoQ); HCLTech $171M Advanced AI revenue (+62.1% YoY); LTIMindtree ~$150M quarterly run-rate; Mphasis 64% of FY26 TCV was…
- TCS (Q1FY27): “At the end of Q1 FY27, it stands at $2.6 billion in annualized revenue, which is up 13.6%…”
tailwind8 managements🔒headwind7 managements🔒headwind4 managements🔒tailwind6 managements🔒headwind4 managements🔒headwind4 managements🔒mixed3 managements🔒
7 more themes from this quarter's earnings calls are locked. A free account opens the full brief: every theme with verbatim management quotes, the demand picture, companies running against the tide, and the regulatory & disruption watch. Sign up free →
| Company | Mcap | AI verdict | Signals | Stated KPIs (latest call) |
|---|---|---|---|---|
| Tata Consultancy Services Ltd | ₹8.7 L cr | Unlock | roce compounderearnings quality strongit cash machineit growth slowdown | |
| Infosys Ltd | ₹4.5 L cr | Unlock | roce compounderearnings quality strongit cash machine | |
| HCL Technologies Ltd | ₹3.6 L cr | Unlock | roce compounderearnings quality strongnet cashit cash machine | |
| Wipro Ltd | ₹1.8 L cr | Unlock | earnings quality strongit growth slowdown | |
| Tech Mahindra Ltd | ₹1.6 L cr | Unlock | earnings quality strongnet cashit growth slowdown | |
| LTM Ltd | ₹1.3 L cr | Unlock | roce compounder | |
| Persistent Systems Ltd | ₹85,594 cr | Unlock | roce compounder | |
| Coforge Ltd | ₹74,618 cr | Unlock | earnings quality strongnet cash | |
| Mphasis Ltd | ₹46,073 cr | Unlock | roce compounderearnings quality strongit growth slowdown | |
| Hexaware Technologies Ltd | ₹36,255 cr | Unlock | roce compounderearnings quality strong | |
| Tata Elxsi Ltd | ₹22,276 cr | Unlock | roce compounderit cash machine | |
| KPIT Technologies Ltd | ₹16,517 cr | Unlock | roce compounderearnings quality strongit cash machine | |
| Zensar Technologies Ltd | ₹11,924 cr | Unlock | earnings quality strongit growth slowdown | |
| Rategain Travel Technologies Ltd | ₹10,682 cr | Unlock | latent operating leverage | |
| Intellect Design Arena Ltd | ₹10,180 cr | Unlock | capex coming onlineearnings quality strongnet cash | |
| Birlasoft Ltd | ₹8,388 cr | Unlock | earnings quality strongnet cashit growth slowdown | |
| Sonata Software Ltd | ₹8,359 cr | Unlock | roce compounderearnings quality strong | |
| Newgen Software Technologies Ltd | ₹7,478 cr | Unlock | roce compounderit cash machine | |
| Latent View Analytics Ltd | ₹6,445 cr | Unlock | latent operating leveragenet cash | |
| Happiest Minds Technologies Ltd | ₹5,844 cr | Unlock | latent operating leverageearnings quality stronglevering up | |
| Mastek Ltd | ₹5,813 cr | Unlock | earnings quality strong | |
| Aurionpro Solutions Ltd | ₹4,087 cr | Unlock | latent operating leveragenet cash | |
| 63 Moons Technologies Ltd | ₹3,477 cr | Unlock | net cashit growth slowdown | |
| Silver Touch Technologies Ltd | ₹2,602 cr | Unlock | earnings quality weak | |
| Saksoft Ltd | ₹2,161 cr | Unlock | latent operating leverageroce compounderearnings quality strongnet cash | |
| Accelya Solutions India Ltd | ₹1,745 cr | Unlock | roce compounderearnings quality strongit cash machine | |
| InfoBeans Technologies Ltd | ₹1,629 cr | Unlock | earnings quality strongit cash machine | |
| NINtec Systems Ltd | ₹1,573 cr | Unlock | roce compoundernet cash | |
| Xchanging Solutions Ltd | ₹735 cr | Unlock | it cash machineit growth slowdown | |
| Innovana Thinklabs Ltd | ₹696 cr | Unlock | capex coming onlineearnings quality weaknet cash | |
| Ksolves India Ltd | ₹660 cr | Unlock | roce compoundernet cashit cash machine | |
| Mindteck (India) Ltd | ₹622 cr | Unlock | ||
| Softtech Engineers Ltd | ₹561 cr | Unlock | earnings quality strong | |
| 3i Infotech Ltd | ₹455 cr | Unlock | it growth slowdown | |
| Cybertech Systems & Software Ltd | ₹424 cr | Unlock | earnings quality strongnet cash | |
| Trejhara Solutions Ltd | ₹328 cr | Unlock | latent operating leveragenet cash | |
| Equippp Social Impact Technologies Ltd | ₹250 cr | Unlock | levering up | |
| DRC Systems India Ltd | ₹192 cr | Unlock | latent operating leverageroce compounderearnings quality strongit cash machine | |
| Trigyn Technologies Ltd | ₹165 cr | Unlock | earnings quality strongnet cashcapital destroyerit growth slowdown | |
| SecMark Consultancy Ltd | ₹133 cr | Unlock | earnings quality strong | |
| California Software Company Ltd | ₹132 cr | Unlock | net cash | |
| R S Software (India) Ltd | ₹83 cr | Unlock | latent operating leveragecapital destroyerit growth slowdown | |
| Cambridge Technology Enterprises Ltd | ₹61 cr | Unlock | latent operating leveragelevering upcyclical peak baseit growth slowdown |