Top 10 IT companies in India in 2025 by market capitalisation
Looking for the best companies in India's IT sector? This guide provides a detailed overview of India's top 10 IT companies
By Forbes India
Last Updated: Nov 21, 2025, 15:06 IST5 min
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The Indian IT industry is a dynamic and vibrant sector, a testament to the country's capacity for innovation and technological advancement. With its roots tracing back to the late 20th century, the industry has grown exponentially, transforming India into a global IT powerhouse. Today, India is recognised worldwide for its technological prowess and is home to some of the world's leading IT companies.
This article aims to spotlight India's top 10 IT companies: We rank them based on their market capitalisations derived from respective stocks trading on the NSE as of November 21, 2025.
Top 10 IT companies in India
Here’s a quick look at India’s top 10 IT powerhouses as of November 2025:
| Rank | Company | Market cap (in Rs. Cr.) |
| 1 | TCS | 11,25,948.84 |
| 2 | Infosys | 6,25,569.76 |
| 3 | HCL Tech | 4,33,345.18 |
| 4 | Wipro | 2,57,019.09 |
| 5 | LTIMindtree | 1,72,260.25 |
| 6 | Tech Mahindra | 1,41,436.89 |
| 7 | Persistent | 96,416.80 |
| 8 | Oracle Fin Services | 71,518.71 |
| 9 | Coforge | 60,329.98 |
| 10 | Mphasis | 52,783.73 |
Know more about the top IT companies in India today
TCS
- Company CEO: K. Krithivasan
- Headquarters: Mumbai, Maharashtra
TCS consistently maintains healthy operating margins and reported over $30 billion in revenue for the fiscal year ended March 31, 2025.
Infosys
- Company CEO: Salil Parekh
- Headquarters: Bengaluru, Karnataka
The company derives a significant portion of its revenue from digital services (cloud, big data, AI, IoT), positioning it strongly to capture growth in modern IT landscapes.
Infosys has a robust global client base, including clients across 59 countries, demonstrating deep trust and long-standing relationships.
HCL Tech
- Company CEO: C. Vijayakumar
- Headquarters: Noida, Uttar Pradesh
As of 2025, HCL Tech has a robust financial footing with annual revenues exceeding $13 billion, supporting its high market capitalisation.
Wipro
- Company CEO: Srinivas Pallia
- Headquarters: Bengaluru, Karnataka
Wipro has a significant global footprint, serving clients in several countries, which ensures a diverse and resilient revenue base. The company successfully pivoted towards digital services, cloud computing, and cybersecurity, aligning its offerings with modern business demands.
LTIMindtree
- Company CEO: Venu Lambu
- Headquarters: Mumbai, Maharashtra
This strategic integration solidified its position in the list of top 10 IT companies in India in 2025 by leveraging the combined strengths, scale, and complementary industry expertise of both legacy firms.
LTIMindtree emphasises a “client-first” approach, utilising its combined resources and innovation labs to accelerate digital journeys for clients in the digital age.
Tech Mahindra
- Company CEO: Mohit Joshi
- Headquarters: Pune, Maharashtra
Plus, the association with the reputable multi-billion dollar Mahindra Group provides financial stability, strong brand recognition, and cross-industry client access.
Consistent financial performance and steady growth in revenues, which are over $6 billion annually, ensure its high market valuation and top-tier ranking.
Persistent
- Company CEO: Sandeep Kalra
- Headquarters: Pune, Maharashtra
Persistent concentrates heavily on high-demand technology areas, particularly data, AI/ML, industrial automation, and hyperscaler partnerships (AWS, Google Cloud, Microsoft Azure).
Oracle Fin Serve
- Company CEO: Makarand Padalkar
- Headquarters: Mumbai, Maharashtra
Unlike broad-spectrum IT service providers, OFSS operates primarily as a products company, which results in higher margins and a unique market position.
Coforge
- Company CEO: Sudhir Singh
- Headquarters: Noida, Uttar Pradesh
It specialises in outcome-oriented consulting and technology solutions, particularly within the insurance, travel, and financial services sectors. Coforge derives a high percentage of its revenue from digital and cloud-based services, positioning it well for future market demands.
In recent years, Coforge has launched several new genAI-powered service offerings aimed at transforming core business processes within its target industries.
Mphasis
- Company CEO: Nitin Rakesh
- Headquarters: Bengaluru, Karnataka
The company centers its strategy around “Cloud and Cognitive” services, helping clients accelerate their journey to the cloud and leverage AI/automation, which aligns with modern enterprise needs.
It has also continued its commitment to strong ESG practices, receiving recognition for its corporate social responsibility initiatives and ethical business operations.
Frequently asked questions
What are the top IT companies in the world?
Alphabet, Microsoft, and Meta Platforms are leading IT companies in the world.
What is the largest company in India today?
As of recent data, Reliance Industries is the largest company in India with a market value of $205+ billion and an estimated profit of over $8 billion.
What factors contribute to being considered a top IT company in India?
Market capitalisation, revenue size, global reach, innovation focus, and sustained financial performance are the typical factors for considering the performance of an IT company in India.
First Published: Nov 21, 2025, 09:49
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