In this article, you will see the Top IT Companies in India. The companies which provide information technology services it is known as IT companies. IT companies work on the technologies like machine learning, networking, cloud, internet of things, web technologies, mobile technologies, etc. Here the Top Indian companies are listed in descending order of their market capitalization. There are some IT companies of Indian origin but headquartered in the US and other countries. Several foreign companies have more employees in India than in their parent countries. The IT field is one of the most active and evolving fields which gives you chance to make good money.
Top 10 IT Companies Summary
| S.No. | Company Name | NSE Code | CMP January 2023 | Market Cap (in Cr.) |
| 1 | Tata Consultancy Services | TCS | 3,229 | 11,88,021 |
| 2 | Infosys Limited | INFY | 1,544 | 6,51,571 |
| 3 | HCL Technologies Limited | HCLTECH | 955 | 2,59,684 |
| 4 | Wipro Limited | WIPRO | 422 | 2,33,106 |
| 5 | Tech Mahindra Limited | TECHM | 1,147 | 1,12,645 |
| 6 | Larsen & Toubro Infotech Limited | LTI | 4,777 | 84,054 |
| 7 | Tata Elxsi Limited | TATAELXSI | 9,089 | 56,550 |
| 8 | MindTree Ltd | MINDTREE | 3,371 | 55,752 |
| 9 | Mphasis Limited | MPHASIS | 2,152 | 40,784 |
| 10 | Oracle Financial Services Software Limited | OFSS | 3,204 | 27,798 |
1.) Tata Consultancy Services (TCS)
- Tata Consultancy Services (TCS) is an Indian Multinational IT Company.
- This company was established in 1968.
- The founder of this company was Tata Sons.
- The chairman of the company is Natarajan Chandrasekaran and the CEO is Rajesh Gopinathan.
- In July 2022, it was reported that TCS had crossed 6 lacks or 600,000 Employees worldwide.
- TCS is a part of the Tata Group and operates in 149 locations across 46 countries.
- TCS is the largest Indian IT company in market capitalization.
- In 2016-2017, parent company Tata Sons owned 72.05% of TCS.
- In March 2018, Tata Sons sold stocks of TCS worth $1.25 billion in a bulk deal.
- As of 15 September 2021, TCS has recorded a market capitalization of US$200 billion, making it the first Indian IT firm to do so.
2.) Infosys Limited
- Infosys is a popular IT company in India.
- This company was established in 1981.
- The chairman of the company is Nandan Nilekani and the CEO is Salil Parekh.
- The COO of the company is U. B. Pravin Rao.
- There are 259,619 employees working in this company.
- Infosys Limited is an Indian multinational information technology company that provides business consulting.
- The company was founded in Pune and is headquartered in Bangalore.
- Infosys is the second-largest Indian IT company after Tata Consultancy Services (TCS) by 2020 revenue figures and the 602nd largest public company in the world, according to the Forbes Global 2000 ranking.
- On 24 August 2021, Infosys became the fourth Indian company to cross $100 billion in market capitalization.
3.) HCL Technologies Limited
- HCL is the shortened form for Hindustan Computers Limited.
- This company was built in 1976 and was founded by Shiv Nadar.
- The chairman of the company is Roshni Nadar Malhotra, and the CEO is C Vijayakumar.
- The MD and CSO of the company are Shiv Nadar.
- HCL Technologies (Hindustan Computers Limited) is an Indian multinational information technology (IT) services and consulting company.
- The headquartered of this company is in Noida, Uttar Pradesh, India.
- Originally, it is a research and development division of HCL, it emerged as an independent company in 1991 when HCL entered into the software services business.
- The company has offices in 50 countries and over 187,000 employees.
- HCL Technologies is on the Forbes Global 2000 list.
- It is among the top 20 largest publicly traded companies in India with a market capitalization of $50 billion as of September 2021.
- As of July 2020, the company, along with its subsidiaries, had a consolidated annual revenue of $10 billion (₹71,265 crores).
4.) Wipro Limited
- Wipro is the abbreviation for Western India Products.
- This company was established in 1945.
- The founder of this company was Mohamed Premji.
- The chairman of this company is Azim Premji, and the CEO is Thierry Delaporte.
- Wipro Limited is an Indian multinational company that provides information technology, consulting, and business process services.
- The headquarter of this company is in Bangalore, Karnataka, India.
- Wipro’s capabilities range across cloud computing, cyber security, digital transformation, artificial intelligence, robotics, data analytics, and other technology consulting services.
- Wipro provides its services to customers in 67 countries and it has 20 offices worldwide.
5.) Tech Mahindra Limited
- Tech Mahindra Limited was established in 1986.
- The founder and chairman of this company are Anand Mahindra.
- C.P. Gurnani is the CEO of this company.
- Tech Mahindra is an Indian multinational IT services and consulting company.
- It is part of the Mahindra Group, the company is headquartered in Pune and has its registered office in Mumbai.
- Tech Mahindra is a US$5.2 billion company with over 145,000 employees across 90 countries.
- Tech Mahindra has 973 active clients as of April 2020.
- The company has 182 branches across the globe and among them, 39 branches are in India.
6.) Larsen & Toubro Infotech Limited
- This company was established in 1996.
- It was founded by Henning Holck-Larsen and Søren Kristian Toubro, who were two Danish engineers taking refuge in India.
- The chairman of the company is A. M. Naik, and the CEO is Sanjay Jalona.
- S. N. Subrahmanyan is the vice-chairman of the company.
- Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology, and financial services.
- The headquarter of this company is in Mumbai.
- There are 35,991 employees working in the company.
- The company has 54 branches across the globe and among them, 13 branches are available in India.
7.) Tata Elxsi Limited
- Elxsi Corporation was a minicomputer manufacturing company established in the late 1970s in Silicon Valley, USA.
- Elxsi was founded in 1979 by Joe Rizzi and Thampy Thomas.
- Tata Elxsi Ltd the product design arm of the multi-billion Tata Group was incorporated on March 30th, 1989 as Tata Elxsi (India) Ltd.
- The Elxsi processor was an Emitter Coupled Logic (ECL) design that featured a 50-nanosecond clock, a 25-nanosecond back panel bus, IEEE floating-point arithmetic, and 64-bit architecture.
- The operating system was a message-based operating system called EMBOS.
- The Elxsi CPU was a microcode design, allowing custom instructions to be coded into microcode.
8.) MindTree Ltd
- This company was established in 1999.
- The vice-chairman of the company is S. N. Subrahmanyan, and the CEO is Debashis Chatterjee.
- Mindtree Ltd is an Indian multinational information technology services and consulting company.
- The headquarter of this company is in Bangalore, India.
- It is a part of the Larsen & Toubro Group. Founded in 1999, the company employs over 38,518 employees.
- The company has 43 branches across the globe and among them, eight branches are available in India.
- The company deals in e-commerce, mobile applications, cloud computing, digital transformation, data analytics, Testing, enterprise application integration, and enterprise resource planning.
- It has more than 307 active clients and 43 offices in over 18 countries, as of 31 March 2019.
9.) Mphasis Limited
- This company was established in 1998.
- The founder of this company is Jerry Rao and Jeroen Tas.
- The CEO of the company is Nitin Rakesh, and the chairman is Davinder Singh Brar.
- Mphasis Limited is an Indian multinational information technology services and consulting company based in Bangalore.
- The company provides infrastructure technology and applications outsourcing services.
- It serves the financial services, telecom, logistics, and technology industries.
- Mphasis was ranked 7 in India IT companies and overall 189 in Fortune India 500 in 2019.
- In April 2016, Hewlett Packard Enterprise sold the majority of its stake in Mphasis to Blackstone Group LP for around US$1 billion.
- The company has 65 branches across the globe and among them 17 branches in India.
10.) Oracle Financial Services Software Limited
- Oracle Financial Services Software Limited (OFSS) is a subsidiary of Oracle Corporation.
- It is a retail banking, corporate banking, and insurance technology solutions provider for the banking industry.
- It also provides risk and compliance management, and performance measurement applications, as well as accounting, business process management, human resources, and procurement tools.
- The company claims to have more than 900 customers in over 145 countries.
- IT companies of India and overall ranked No. 253 in Fortune India 500 list in 2011.
- This company has two main streams of business.
- The products division (formerly called BPD – Banking Products Division) and PrimeSourcing.
- The company’s offerings cover retail, corporate, and investment banking, funds, cash management, trade, treasury, payments, lending, private wealth management, asset management, and business analytics.
- The company undertook a re-branding exercise in the latter half of 2008.
- The company promotes its BPO business process outsourcing business via its subsidiary Equinox Corporation which is based in Irvine, California.
Conclusion
In this article, you have seen the top 10 IT companies listed in the Indian Stock Market. Here you have seen the company’s history, their background, market capitalization, etc.
