At Excellanto, we mirror this very growth trajectory. We stand at the forefront of digital transformation, helping businesses implement advanced IT solutions that optimize performance, enhance cybersecurity, and foster innovation. Just like the top 20 IT consulting and service firms featured in this guide, Excellanto delivers expert consulting, robust digital strategies, and high-impact solutions that drive business success. Our focus on innovation, quality, and customer-centric services has helped countless companies navigate the complex world of IT and digital transformation, ensuring they are always a step ahead of the competition.
In this comprehensive guide, we delve into the Top 20 IT Consulting & Service Firms in India—companies that have demonstrated remarkable growth, outpacing the industry with cutting-edge technologies and strategies. Each profile provides valuable insights into their growth metrics, financial performance, global presence, and diverse service offerings. By understanding the strategies behind these leading firms, businesses can glean critical lessons on how to position themselves for similar success. And just like these industry leaders, Excellanto provides the expertise and support necessary to take your business to the next level, ensuring that you stay competitive in the global marketplace.
Whether you’re an investor, a business leader, or a tech enthusiast, this guide will offer crucial insights into the trends driving India’s IT sector. And if you’re looking for a partner to help you navigate the digital transformation journey, Excellanto stands ready to support your business with bespoke IT consulting, cybersecurity services, and strategic digital solutions that can help you achieve long-term growth and success.
Company Overview: Market Capitalization, Revenue, Key Services, and Global Presence
| Nos. | Company Name | Market Capitalization | Revenue (FY24) | Stock Listing | Key Services | Global Presence |
|---|---|---|---|---|---|---|
| 1 | TCS (Tata Consultancy Services) | ₹14,00,000 Crore | ₹1,50,000 Crore | BSE, NSE | IT services, consulting, cloud computing, AI, cybersecurity | Global, including North America, Europe, APAC |
| 2 | Infosys | ₹8,00,000 Crore | ₹1,23,000 Crore | BSE, NSE | IT services, consulting, AI, cloud, automation | Global, with major presence in US, Europe |
| 3 | Wipro | ₹3,00,000 Crore | ₹81,000 Crore | BSE, NSE | IT consulting, cloud, cybersecurity, digital transformation | Global, including North America, Europe, APAC |
| 4 | HCL Technologies | ₹3,30,000 Crore | ₹75,000 Crore | BSE, NSE | IT services, AI, cloud, cybersecurity | Global, especially North America and Europe |
| 5 | Tech Mahindra | ₹2,50,000 Crore | ₹48,000 Crore | BSE, NSE | Digital transformation, IT consulting, cloud services, cybersecurity | Global, including North America, Europe, APAC |
| 6 | Cognizant | ₹3,50,000 Crore | ₹1,00,000 Crore | NASDAQ | IT services, consulting, digital transformation, AI, cloud, cybersecurity | Global, with a strong presence in North America |
| 7 | Mindtree | ₹40,000 Crore | ₹11,000 Crore | BSE, NSE | IT services, digital transformation, cloud, cybersecurity | Global, especially in US and Europe |
| 8 | L&T Technology Services | ₹50,000 Crore | ₹20,000 Crore | BSE, NSE | Engineering services, IT consulting, AI, cloud | Global, majorly in US, Europe, APAC |
| 9 | Persistent Systems | ₹21,000 Crore | ₹8,000 Crore | BSE, NSE | IT consulting, digital transformation, AI, cloud | Global, especially North America, Europe |
| 10 | Zensar Technologies | ₹10,000 Crore | ₹5,000 Crore | BSE, NSE | IT services, cloud computing, AI, cybersecurity | Global, major presence in the US and Europe |
| 11 | NIIT Technologies | ₹13,000 Crore | ₹3,500 Crore | BSE, NSE | IT consulting, digital transformation, cloud services | Global, including North America, Europe |
| 12 | Birlasoft Ltd | ₹12,000 Crore | ₹4,000 Crore | BSE, NSE | IT services, cloud, enterprise application services, data analytics | North America, Europe, APAC |
| 13 | Mphasis Ltd | ₹54,000 Crore | ₹12,000 Crore | BSE, NSE | Cloud computing, cognitive services, digital transformation | Global, with a strong presence in North America |
| 14 | Quess Corp Ltd | ₹9,000 Crore | ₹13,000 Crore | BSE, NSE | IT staffing, facility management, industrial services | Global, including North America, APAC |
| 15 | eClerx Services Ltd | ₹8,000 Crore | ₹2,000 Crore | BSE, NSE | Data analytics, process management, customer operations, financial services support | North America, Europe, APAC |
| 16 | Happiest Minds | ₹9,000 Crore | ₹2,500 Crore | BSE, NSE | IT services, cloud, AI, cybersecurity, automation | North America, Europe, APAC |
| 17 | Mphasis Ltd | ₹54,000 Crore | ₹12,000 Crore | BSE, NSE | Cloud, cognitive computing, digital transformation | North America, Europe, APAC |
| 18 | Birlasoft Ltd | ₹12,000 Crore | ₹4,000 Crore | BSE, NSE | Cloud services, enterprise applications, digital transformation | North America, Europe, APAC |
| 19 | Quess Corp Ltd | ₹9,000 Crore | ₹13,000 Crore | BSE, NSE | IT staffing, industrial services, facility management | North America, APAC |
| 20 | eClerx Services Ltd | ₹8,000 Crore | ₹2,000 Crore | BSE, NSE | Data analytics, process management, financial services support | North America, Europe, APAC |
1. Tata Consultancy Services (TCS)
Overview:
Founded in 1968 and headquartered in Mumbai, TCS is a global leader in IT services, consulting, and business solutions. As a part of the Tata Group, TCS has a significant presence in over 46 countries, serving clients across various industries.
Financials:
- Market Cap: ₹12.489 trillion (2025)
- Revenue: $29 billion (FY 2024-25)
- Employees: 607,979 (March 2025)
- Stock Listings: BSE, NSE
Services: IT consulting, cloud computing, AI, blockchain, cybersecurity, and enterprise solutions.
Global Presence: Operations in 150 locations across 46 countries, with a strong presence in North America, Europe, and Asia-Pacific.
2. Infosys
Overview:
Established in 1981, Infosys is a multinational corporation providing business consulting, information technology, and outsourcing services. Headquartered in Bangalore, Infosys has a robust global presence.
Financials:
- Market Cap: ₹6.19 trillion (2025)
- Revenue: ₹1.46 trillion (FY24)
- Net Profit: ₹24,108 crore (FY24)
- Stock Listings: BSE, NSE, NYSE
Services: Digital transformation, cloud services, AI, enterprise consulting, and application development.
Global Presence: Strong presence in the Americas, Europe, and Asia-Pacific regions.
3. HCL Technologies
Overview:
Founded in 1976, HCL Technologies is a next-generation global technology company that helps enterprises reimagine their businesses for the digital age. Headquartered in Noida, HCL offers an integrated portfolio of products, solutions, services, and IP through its Mode 1-2-3 strategy.
Financials:
- Market Cap: ₹4.22 trillion (2025)
- Revenue: ₹1.02 trillion (FY24)
- Net Profit: ₹14,000 crore (FY24)
- Stock Listings: BSE, NSE
Services: IT and business services, engineering and R&D, and products and platforms.
Global Presence: Operations in over 50 countries, with a significant footprint in the US and Europe.
4. Wipro
Overview:
Established in 1945, Wipro is a leading global information technology, consulting, and business process services company. Headquartered in Bangalore, Wipro harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics, and emerging technologies.
Financials:
- Market Cap: ₹2.52 trillion (2025)
- Revenue: ₹91,000 crore (FY24)
- Net Profit: ₹12,000 crore (FY24)
- Stock Listings: BSE, NSE, NYSE
Services: IT consulting, digital transformation, cloud services, and cybersecurity.
Global Presence: Strong presence in the Americas, Europe, and Asia-Pacific.
5. Tech Mahindra
Overview:
Part of the Mahindra Group, Tech Mahindra is a leading provider of digital transformation, consulting, and business re-engineering services and solutions. Headquartered in Pune, the company leverages next-generation technologies including 5G, blockchain, cybersecurity, artificial intelligence, and more.
Financials:
- Market Cap: ₹1.46 trillion (2025)
- Revenue: ₹53,000 crore (FY24)
- Net Profit: ₹5,800 crore (FY24)
- Stock Listings: BSE, NSE
Services: IT services, network services, and business process outsourcing.
Global Presence: Operations in over 90 countries, with a strong presence in the US, Europe, and Asia-Pacific.
6. LTIMindtree
Overview:
Formed by the merger of L&T Infotech and Mindtree, LTIMindtree is a global technology consulting and digital solutions company. Headquartered in Mumbai, the company enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth.
Financials:
- Market Cap: ₹1.35 trillion (2025)
- Revenue: ₹31,000 crore (FY24)
- Net Profit: ₹4,000 crore (FY24)
- Stock Listings: BSE, NSE
Services: IT consulting, digital solutions, cloud services, and enterprise IT.
Global Presence: Presence in over 30 countries, including the US, UK, Germany, and Australia.
7. Mphasis
Overview:
Mphasis is a leading IT solutions provider specializing in cloud and cognitive services. Headquartered in Bangalore, Mphasis applies next-generation technology to help enterprises transform businesses globally.
Financials:
- Market Cap: ₹585.63 billion (2025)
- Revenue: ₹10,000 crore (FY24)
- Net Profit: ₹1,200 crore (FY24)
- Stock Listings: BSE, NSE
Services: Application services, infrastructure services, and business process outsourcing.
Global Presence: Operations in North America, Europe, and Asia-Pacific.
8. Birlasoft Ltd
Overview:
Birlasoft Ltd, a part of the CK Birla Group, is a global IT services company headquartered in Pune, India. Established in 1990, Birlasoft specializes in digital transformation, enterprise application services, and IT consulting. With a workforce of over 12,000 professionals, the company serves clients across various industries, including manufacturing, banking, financial services, insurance, life sciences, and energy & utilities.
Financials:
- Market Capitalization: Approximately ₹10,829 crore as of May 2025.
- Revenue: ₹5,278.1 crore for FY24, marking a 10.1% year-over-year increase.
- Net Profit: ₹623.76 crore for FY24, an 88.1% increase from the previous fiscal year.
- Stock Listings: Listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol BSOFT.
Services:
Birlasoft offers a comprehensive suite of services, including:
- Enterprise Resource Planning (ERP) implementations and support.
- Cloud services and infrastructure management.
- Digital transformation consulting.
- Application development and maintenance.
- Data analytics and business intelligence solutions.
- Customer Relationship Management (CRM) systems.
- Testing and quality assurance services.
Global Presence:
Birlasoft has a significant global footprint, serving clients across the Americas, Europe, Asia-Pacific, and the Middle East. The company’s delivery centers and offices are strategically located to cater to a diverse clientele, including over 100 global brands, with 30 among the Fortune 500 companies.
9. Coforge Ltd
Overview:
Coforge Ltd, formerly known as NIIT Technologies, is a global IT solutions organization headquartered in Noida, India. The company specializes in digital services and solutions across various industries, including banking and financial services, insurance, travel, transportation, and logistics.
Financials:
- Market Capitalization: Approximately ₹5,615 crore as of February 2025.
- Revenue: ₹4,700 crore for FY24.
- Stock Listings: Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol COFORGE.
Services:
Coforge offers a range of services, including:
- Application development and maintenance.
- Cloud and infrastructure services.
- Data and analytics.
- Digital process automation.
- Enterprise integration.
Global Presence:
The company has a significant global footprint, serving clients across North America, Europe, Asia-Pacific, and the Middle East. Coforge’s delivery centers and offices are strategically located to cater to a diverse clientele.
10. Oracle Financial Services Software Ltd (OFSS)
Overview:
Oracle Financial Services Software Ltd is a subsidiary of Oracle Corporation, providing comprehensive IT solutions to the financial services industry. Headquartered in Mumbai, India, OFSS offers a range of services, including banking software, risk management, and financial analytics.
Financials:
- Market Capitalization: Approximately ₹8,028 crore as of February 2025.
- Revenue: ₹4,624 crore for FY24.
- Stock Listings: Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol OFSS.
Services:
OFSS specializes in:
- Core banking solutions.
- Risk and compliance management.
- Analytics and business intelligence.
- Digital banking platforms.
Global Presence:
The company serves clients worldwide, helping financial institutions optimize their operations and drive innovation. OFSS is known for its robust and scalable solutions that address the unique challenges of the financial sector.
11. Persistent Systems Ltd
Overview:
Persistent Systems Ltd is a global IT services company headquartered in Pune, India. Founded in 1990, the company specializes in software product development and technology services.
Financials:
- Market Capitalization: Approximately ₹9,303 crore as of February 2025.
- Revenue: ₹3,501 crore for FY24.
- Stock Listings: Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol PERSISTENT.
Services:
Persistent Systems offers services such as:
- Digital engineering.
- Cloud and infrastructure services.
- Data and analytics.
- Enterprise IT services.
Global Presence:
The company serves clients across various industries, including banking, healthcare, and manufacturing, with a presence in North America, Europe, and Asia-Pacific.
12. L&T Technology Services (LTTS)
Overview:
L&T Technology Services is an engineering services company headquartered in Vadodara, India. A subsidiary of Larsen & Toubro, LTTS offers design and development solutions across various industries.
Financials:
- Market Capitalization: Approximately ₹5,818 crore as of February 2025.
- Revenue: ₹5,300 crore for FY24.
- Stock Listings: Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol LTTS.
Services:
LTTS provides services including:
- Product engineering.
- Process engineering.
- Embedded systems.
- Digital and automation solutions.
Global Presence:
The company serves clients across industries such as aerospace, automotive, industrial products, and telecommunications, with operations in North America, Europe, and Asia.
13. Hexaware Technologies Ltd
Overview:
Hexaware Technologies Ltd is a global IT services company headquartered in Navi Mumbai, India. Founded in 1990, the company focuses on delivering automation-led services to clients worldwide.APPWRK IT SolutionsFynd Academy
Financials:
- Market Capitalization: Approximately ₹1,800 crore as of 2025.
- Revenue: ₹6,035 crore for FY24.
- Stock Listings: Privately held; not listed on public stock exchanges.
Services:
Hexaware offers services such as:
- Application transformation.
- Cloud services.
- Digital assurance.
- Infrastructure management.
Global Presence:
The company serves clients across various industries, including banking, healthcare, and manufacturing, with a presence in North America, Europe, and Asia-Pacific.
14. Sonata Software Ltd
Overview:
Sonata Software Ltd is a global IT services company headquartered in Bengaluru, India. Founded in 1986, the company provides IT solutions to clients across various industries.
Financials:
- Market Capitalization: Approximately ₹8,500 crore as of 2025.
- Revenue: ₹4,000 crore for FY24.
- Stock Listings: Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol SONATSOFTW.
Services:
Sonata Software offers services including:
- Digital transformation.
- Cloud services.
- Data analytics.
- Enterprise resource planning.
Global Presence:
The company serves clients across industries such as retail, manufacturing, and travel, with operations in North America, Europe, and Asia-Pacific.
15. Zensar Technologies Ltd
Overview:
Zensar Technologies Ltd is a technology consulting and services company headquartered in Pune, India. Founded in 1991, Zensar specializes in digital solutions, IT services, and infrastructure management.
Financials:
- Market Capitalization: Approximately ₹5,000 crore as of 2025.
- Revenue: ₹3,500 crore for FY24.
- Stock Listings: Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol ZENSARTECH.
Services:
Zensar offers services such as:
- Digital transformation.
- Cloud and infrastructure services.
- Application management.
- Data management and analytics.
Global Presence:
The company serves clients across various industries, including manufacturing, retail, and banking, with a presence in North America, Europe, and Asia-Pacific.
16. Cyient Ltd
Overview:
Cyient Ltd is a global engineering and technology solutions company headquartered in Hyderabad, India. Founded in 1991, Cyient provides services to clients across various industries, including aerospace, defense, and telecommunications.
Financials:
- Market Capitalization: Approximately ₹7,000 crore as of 2025.
- Revenue: ₹4,500 crore for FY24.
- Stock Listings: Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol CYIENT
17. Mphasis Ltd
Overview:
Mphasis Ltd is a leading IT solutions provider specializing in cloud and cognitive services. Headquartered in Bengaluru, India, Mphasis leverages its Front2Back™ transformation approach to deliver customer-centric solutions.
Financials:
- Market Capitalization: Approximately ₹54,000 crore as of February 2025.
- Revenue: ₹12,000 crore for FY24.
- Stock Listings: Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol MPHASIS.
Services:
Mphasis offers services including:
- Application development and maintenance.
- Cloud computing.
- Cognitive computing.
- Digital transformation.
Global Presence:
The company serves clients across various industries, including banking, insurance, and healthcare, with a presence in North America, Europe, and Asia-Pacific.
18. Birlasoft Ltd
Overview:
Birlasoft Ltd is an IT services company headquartered in Noida, India. Part of the CK Birla Group, Birlasoft combines domain expertise with technology to deliver digital solutions.
Financials:
- Market Capitalization: Approximately ₹12,000 crore as of February 2025.
- Revenue: ₹4,000 crore for FY24.
- Stock Listings: Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol BSOFT.
Services:
Birlasoft offers services such as:
- Enterprise application services.
- Digital transformation.
- Cloud services.
- Data analytics.
Global Presence:
The company serves clients in industries like manufacturing, banking, and healthcare, with operations in North America, Europe, and Asia-Pacific.
19. Quess Corp Ltd
Overview:
Quess Corp Ltd is a business services provider headquartered in Bengaluru, India. The company offers a range of services, including IT staffing, facility management, and industrial services.
Financials:
- Market Capitalization: Approximately ₹9,000 crore as of February 2025.
- Revenue: ₹13,000 crore for FY24.
- Stock Listings: Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol QUESS.
Services:
Quess Corp provides services including:
- IT staffing and solutions.
- Facility management.
- Industrial services.
- Skill development.
Global Presence:
The company operates in India, North America, the Middle East, and Southeast Asia, serving clients across various industries.
20. eClerx Services Ltd
Overview:
eClerx Services Ltd is a knowledge process outsourcing (KPO) company headquartered in Mumbai, India. Founded in 2000, eClerx provides data analytics and process management services to global clients.
Financials:
- Market Capitalization: Approximately ₹8,000 crore as of February 2025.
- Revenue: ₹2,000 crore for FY24.
- Stock Listings: Listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol ECLERX.
Services:
eClerx offers services such as:
- Data analytics.
- Process management.
- Customer operations.
- Financial services support.
Global Presence:
The company serves clients in industries like financial services, retail, and technology, with operations in North America, Europe, and Asia-Pacific.
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