The IT sector in India contributes a major portion of the GDP of the country. India has emerged as one of the biggest IT hubs throughout the world in the past few years. Revenue share in GDP is mostly contributed by IT companies in India. The tremendous growth in the IT sector opens doors for investors and job seekers. In this article, we will further discuss the Top 10 IT companies in India which contribute a major portion. Let’s jump straight to the point.
List of Top 10 IT Companies in India
Below are the list and details of top IT companies in India.
#1 Tata Consultancy Services
Tata Consultancy Services Limited (TCS) is an Indian multinational information technology (IT) services and consulting company. TCS is one of the top IT companies in India. TCS is now listed as a highly trusted IT services provider worldwide. According to Forbes TCS ranks in 64th position as the world’s most innovative IT company in 2015. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology, and engineering services and solutions. TCS is a subsidiary of Tata Group which has the highest revenue as Top 10 IT Companies in India.
- Revenue: Rs 152,497 Cr
- Market Cap: Rs 845,337 Cr.
- Employees: 420,000
- ROE: 35.98 %
- Sales Growth (3Yrs): 10.47 %
- Promoter holding: 72.05 %
Address: 9th Floor, Nirmal Building, Nariman Point, Mumbai – 400021, Opposite Chandramukhi & Mafatlal Building
Phone: 18002093111
#2 Infosys Ltd
N.R. Narayan Murthy founded Infosys Ltd. in 1981. Infosys is an information technology consulting company that provides services like software development, business consultancy, business process outsourcing. With total assets above USD 13 Billion, its headquarters are located in Bengaluru, Karnataka. It is one of the best IT companies in India. It also provides services like product engineering and management, independent validation, enterprise application management, infrastructure management, support and integration services.
- 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 %
Address: Plot No, 44, Hosur Rd, Konappana Agrahara, Electronic City, Bengaluru, Karnataka 560100
Phone: 080 2852 0261
#3 HCL Technologies
HCL Technologies Limited is an Indian multinational information technology services and consulting company founded by Shiv Nadar in 1976. HCL Technologies’ headquarter is located in Noida, Uttar Pradesh. HCL provides services like infrastructure management, business process outsourcing, software development, and management, etc. It operates across sectors including aerospace and defense, automotive, banking, chemical and process industries, energy, and utilities, healthcare, industrial manufacturing, consumer goods, life sciences, media and entertainment, mining and natural resources, oil and gas, retail, telecom, and travel, transportation, logistics & hospitality.
- Revenue: Rs 65,643 Cr
- Market Cap: Rs 153,370 Cr.
- ROE: 25.76 %
- Sales Growth (3Yrs): 24.74 %
- Promoter holding: 60.00 %
Address: Plot No: 3A Technology Hub Sector 126 SEZ, Noida, Uttar Pradesh 201303
Phone: #
#4 Wipro Limited
Wipro Limited, known generally as Wipro is an Indian multinational corporation founded by M.H. Hasham Premji in 1945. Wipro was formerly known as “Western Indian Palm Refined Oil Limited” which was established to manufacture refined and vegetable oils. Wipro Limited now provides information technology, consulting, and business process services. IT has its headquarter in Bengaluru, Karnataka. Wipro is listed in the Top 10 software companies in India.
- 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 %
Address: Kaverappa Industrial Area, Stage 2, BTM Layout 2nd Stage, Bengaluru, Karnataka 560076
Ph: +91 (80) 46827999, +91 (80) 61427999, +91 (80) 46726000
Fax: +91 (80) 28440054
#5 Redington India Ltd
An integrated supply chain solution provider Redington India Limited was founded in 1961 by R. Srinivasan and R. Jayachandran. Including all its subsidiaries Redington India Ltd. distributes products from over 220 leading manufacturers services over 39800 channel partners in India. It is the 2nd largest distributor of IT products in India. Top clients of Redington India Ltd are Compaq and Philips.
- Revenue: Rs 47,996 Cr.
- Market Cap: Rs 4,438 Cr.
- ROE: 15.00 %
- Sales Growth (3Yrs): 9.50 %
- Promoter holding: 0.00 %
Address: Ground Floor, “Centre Point” Plot No. 8 and 11 (SP) Thiru-Vi-Ka Industrial Estate, Ekkaduthangal Guindy, Chennai – 600 032
Phone:Tel: +91 44 4224 3353
Fax: +91 44 2225 3799
E-mail: investors@redington.co.in
#6 Tech Mahindra Ltd
Tech Mahindra Limited is an Indian multinational technology company founded by Anand Mahindra in 1986. It is a subsidiary of Mahindra Group providing services like information technology and business process outsourcing. Tech Mahindra Ltd. has its registered office in Mumbai and headquarters in Pune. In 1986 British Telecom had a 30% stake in Tech Mahindra then. British Telecom slowly sold all its shares in Tech Mahindra for a whopping Rs 2857 Crores.
- 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 %
Address: Plot No 01, Rajiv Gandhi Infotech Park, Phase III, Hinjewadi, MIDC, SEZ, PUNE MAH 411057. India.
Phone: +91 20 42250000
#7 Larsen & Toubro Infotech
Larsen & Toubro Infotech Limited is a global IT solutions and services company founded in 1996. Sanjay Jalona was named its CEO in 2015. LTI ranks 6th when talking about export revenues. LTI is a subsidiary of Larsen & Toubro Ltd. which operates in more than 30 countries providing services like digital & automation solutions, IT Service Management, and IT Consulting.
- Revenue: Rs 10,014 Cr
- Market Cap: Rs 29,302 Cr.
- ROE: 34.63 %
- Sales Growth (3Yrs): 17.34 %
- Promoter holding: 74.62 %
Address: Gate No.5, L&T Technology Center, Saki Vihar Rd, IIT Area, Powai, Mumbai, Maharashtra 400072
Phone: 022 6776 6776
#8 Mphasis Ltd
Mphasis Limited is an IT services company founded by Jerry Rao and Jeroen Tas in the year 2000. The company has excelled in services like Business process outsourcing, IT and business consultation. Three top global insurance companies, six top global banks, eleven out of fifteen top mortgage lenders are the service seekers of Mphasis Ltd.
- 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 %
Address: Bagmane Tech Park, Byrasandra Village, C V Raman Nagar, Bengaluru, Karnataka 560093
Phone: 080 4004 4444
#9 Mindtree Ltd
Mindtree Limited is an Indian multinational information technology and outsourcing company founded by Ashok Soota, Subroto Bagchi, Krishnakumar Natarajan, Anjan Lahiri, Rostow Ravanan in 1999. Larsen & Toubro is the parent company of Mindtree Ltd. The company deals in e-commerce, mobile applications, cloud computing, digital transformation, data analytics, Testing, enterprise application integration and enterprise resource planning, with more than 307 active clients and 43 offices in over 18 countries, as of 31 March 2019.
- 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 %
Address: #150, EPIP 2nd phase, KIADB Export Promotion Industrial Area, Whitefield, Bengaluru, Karnataka 560066
Phone: 08067470000
#10 Oracle Financial Services Software
Oracle Financial Services Software Limited is a subsidiary of Oracle Corporation with its headquarter in Mumbai. The company was founded in 1990 by Rajesh Hukku. Oracle provides technology solutions to the banking sector mainly in Corporate banking, retails banking, and insurance. Oracle is considered in the top 10 IT companies in India.
- Revenue: ₹45.27 billion (US$630 million) (2018)
- Market Cap: Rs 28018.17 Crore
- Employees: 8818 (2017)
- ROE: 3 Years ROE 32.86%
- Sales Growth: 6.3% per year
- Promoter Holding: 73.35%
Address: Nirlon Compound, Off Western Express Highway, Near Hub Mall, Goregaon East, Mumbai Suburban, Mumbai, Maharashtra 400063
Phone: 022 6718 8000
Top IT Companies in India by Employee Strength
- Tata Consultancy Services
- Infosys
- IBM
- Wipro
- Accenture
- Cognizant
- HCL
Top 10 IT Companies in India to Invest
- Tata Consultancy Services
- Infosys
- HCL
- Wipro
- Tech Mahindra
- Larsen & Toubro Infotech
- Oracle Fin
- Mphasis
- MindTree
- L&T Technology Service
Top 10 IT Companies in India for Employee Satisfaction
- Tata Consultancy Services
- Wipro
- Tech Mahindra
- Accenture
- HCL
- Mahindra and Mahindra
- Larsen and Toubro
- Genpact India
- Infosys Technologies
- Cognizant
The Truth Behind the Success of IT Companies in India
Let’s Read what Mr R.K.Sinha has to say about it –
Unfortunately, it is a widely known fact these days that positive news in India is rarely highlighted or talked about. Seldom such news comes to the fore, and even if it does, it disappears swiftly and unnoticed. Nowadays, the practice of spotlighting additional focus on pessimistic and cynical news is in fashion. And to be honest, it only appears to be following an upward trajectory.
R.K. Sinha on AvenueMall
Conclusion – Top 10 IT Companies in India
All the companies listed above contribute the highest amount to the GDP of India. These Top 10 software companies in India or Top 10 IT companies in India are the reason India is transforming into an IT hub in the world. With their skyrocketing strategies, they have succeeded in generating revenue and employment in the country. These Top IT companies in India provide a variety of services but services like business process outsourcing, IT, and business consultation is their forte.
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