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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Tata Consultancy Services | India | IT Consulting, Cloud Infrastructure | INR 2692 | $102B | 3.5x | 13.2x |
| Infosys | India | IT Consulting, Cloud Infrastructure | INR 1369 | $59.0B | N/A | N/A |
| HCLTech | India | IT Consulting, Cloud Infrastructure, BPO Services, Business Consulting | INR 1455 | $40.6B | 2.9x | 14.0x |
| Wipro | India | IT Consulting, Cloud Infrastructure, BPO Services | INR 214 | $20.6B | 2.1x | 10.4x |
| LTIMindtree | India | IT Consulting, BPO Services, Business Consulting | INR 5115 | $15.4B | 3.4x | 19.3x |
| Tech Mahindra | India | IT Consulting | INR 1535 | $14.3B | 2.4x | 15.7x |
| Persistent Systems | India | IT Consulting | INR 5479 | $9.3B | 6.1x | 33.5x |
| Coforge | India | IT Consulting | INR 1363 | $5.1B | 3.0x | 17.3x |
| Mphasis | India | IT Consulting, Business Consulting | INR 2456 | $5.1B | 3.0x | 16.0x |
| L&T Technology Services | India | BPO Services, IT Consulting | INR 3509 | $3.9B | 3.0x | 17.5x |
| Hexaware Technologies | India | IT Consulting | INR 561 | $3.6B | 2.4x | 15.0x |
| Hexaware | India | IT Consulting | INR 561 | $3.6B | 2.4x | 15.0x |
| Tata Teleservices | India | Telecom Service Providers, IT Consulting | INR 44 | $3.2B | N/A | N/A |
| Tata Elxsi | India | IT Consulting | INR 4821 | $3.2B | 7.8x | 33.6x |
| Tata Technologies | India | IT Consulting | INR 598 | $2.6B | 4.4x | 26.3x |
| KPIT Technologies | India | IT Consulting, Automotive Software | INR 862 | $2.5B | 3.6x | 17.3x |
| Redington | India | IT Consulting | INR 263 | $2.4B | 0.2x | 9.6x |
| Aditya Infotech | India | IT Consulting | INR 1573 | $2.0B | N/A | N/A |
| CAMS | India | IT Consulting | INR 721 | $1.9B | 11.3x | 25.3x |
| eClerx Services | India | IT Consulting, BPO Services | INR 3667 | $1.8B | 4.1x | 16.1x |
| Zensar | India | IT Consulting | INR 588 | $1.2B | 1.9x | 12.6x |
| Black Box | India | IT Consulting | INR 545 | $1.0B | 1.4x | 16.1x |
| Birlasoft | India | IT Consulting | INR 399 | $1.0B | 1.7x | 12.8x |
| Sonata Software | India | IT Consulting | INR 279 | $898M | 0.8x | 11.6x |
| Intellect Design Arena | India | Financial Services Software, IT Consulting | INR 680 | $894M | 2.8x | 12.7x |
| Infibeam Avenues | India | IT Consulting | INR 19 | $580M | 0.9x | 16.0x |
| Happiest Minds | India | IT Consulting | INR 372 | $580M | 2.3x | 13.2x |
| Mastek | India | IT Consulting | INR 1751 | $578M | 1.4x | 8.7x |
| Datamatics | India | IT Consulting | INR 730 | $428M | N/A | N/A |
| TechNVision | India | IT Consulting | INR 6114 | $420M | N/A | N/A |
| R Systems | India | IT Consulting, BPO Services | INR 318 | $415M | 1.9x | 11.7x |
| Cyient | India | IT Consulting | INR 364 | $307M | 1.9x | 18.4x |
| Protean | India | IT Consulting | INR 634 | $256M | 2.5x | 23.2x |
| Network People Services | India | Financial Services Software, IT Consulting | INR 1170 | $231M | N/A | N/A |
| InfoBeans | India | IT Consulting | INR 866 | $210M | N/A | N/A |
| Saksoft | India | IT Consulting | INR 161 | $209M | N/A | N/A |
| Magellanic Cloud | India | IT Consulting | INR 28 | $202M | N/A | N/A |
| Dynacons | India | IT Consulting | INR 960 | $141M | N/A | N/A |
| Bharat Global Developers | India | IT Consulting, Cloud Infrastructure | INR 107 | $128M | N/A | N/A |
| Blue Cloud Softech | India | IT Consulting, BPO Services | INR 24 | $124M | N/A | N/A |
| Kody Technolab | India | IT Consulting | INR 805 | $113M | N/A | N/A |
| Expleo Solutions | India | IT Consulting | INR 853 | $108M | N/A | N/A |
| Sahana System | India | IT Consulting | INR 991 | $94.6M | N/A | N/A |
| Quick Heal | India | Cybersecurity, IT Consulting | INR 176 | $84.4M | N/A | N/A |
| 63 Moons | India | Financial Services Software, IT Consulting | INR 686 | $82.5M | N/A | N/A |
| Kellton | India | IT Consulting | INR 18 | $79.1M | 0.7x | 5.5x |
| Ksolves | India | IT Consulting | INR 283 | $72.3M | N/A | N/A |
| Vakrangee | India | IT Consulting | INR 7 | $69.6M | N/A | N/A |
| NINtec Systems | India | IT Consulting | INR 341 | $63.2M | N/A | N/A |
| Mindteck India | India | IT Consulting | INR 212 | $57.3M | N/A | N/A |
| Allied Digital Services | India | IT Consulting | INR 120 | $46.7M | 0.5x | 5.2x |
| Danlaw Technologies | India | Automotive Parts, Electronic Components, IT Consulting | INR 664 | $36.5M | N/A | N/A |
| Trident Techlabs | India | Industrial Software, IT Consulting | INR 179 | $34.8M | N/A | N/A |
| Alphalogic Techsys | India | IT Consulting | INR 43 | $29.1M | N/A | N/A |
| Alletec | India | IT Consulting | INR 179 | $24.5M | N/A | N/A |
Valuation multiples as of last 12 months (LTM). Stock prices as of February 16, 2026. Financial data powered by Morningstar and FactSet.
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