Top 10 IT Companies in India 2020

Top 10 IT Companies in India 2020
November 3, 2019 by Raveendran R
This article is about the list of Top IT companies in India based on Total Sales
Before That take a look at the IT Industry in India.
According to the NASSCOM Report, IT export revenues from India grew by 8.3%
to an estimated $136 billion in the fiscal year 2019. Technological innovations are
reshaping the world we live in. Exponential advances across technologies
like cloud computing, artificial intelligence (AI), machine learning, robotics, IoT,
augmented and virtual reality would continue to transform every aspect of
human life. So here is the list of top software companies in India
List of Top IT Companies in India 2020
Here is the list of Top 10 IT companies in India 2020. The list is ranked based on
total sales in recent years.
1. Tata Consultancy service. – Largest IT company in India.
Tata Consultancy service is the Largest IT company in India in terms of Revenue.

TCS is an IT services, consulting and business solutions provider that has been
partnering with the world’s largest businesses in their transformation journeys for
the last fifty years.
TCS offers a consulting-led, cognitive powered, integrated portfolio of business,
technology and engineering services and solutions. TCS is the largest company in
India in terms of Market Capitalization. It is the largest in the list of top 10 IT
companies in India 2020.
 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 %
A part of the Tata group, India’s largest multinational business group, TCS has
over 420,000 of the world’s best-trained consultants in 50 countries.
The company generated consolidated revenues of US $20 billion for the year
ended March 31, 2019, and is listed on the BSE (formerly Bombay Stock
Exchange) and the NSE (National Stock Exchange) in India. The company has
a market capitalization of Rs 8,10,000 Crores.
2. Infosys
Established in 1981, Infosys is an NYSE listed global consulting and IT services

company with more than 228,000 employees. It is the second largest in the list of
top 10 IT companies in India 2020.
From a capital of US$ 250 to become a US$ 11.8 billion (FY19 revenues) company
with a market capitalization of approximately US$ 47.7 billion . It is one of the best
IT company in India
 ROE: 23.50 %
Over 37 years, The company has catalyzed some of the major changes that have
led to India’s emergence as the global destination for software services talent.
The first IT Company from India to be listed on NASDAQ.
3. HCL Technologies
HCL Technologies is one of the best IT companies in India. The Company is

a leading global IT services company that helps global enterprises re-imagine and
transform their businesses through Digital technology transformation.
The Company focuses on providing an integrated portfolio of services underlined
by its Mode 1–2–3 growth strategy. It is the third-largest Indian top it companies.
 ROE: 25.76 %
The Company leverages its global network of integrated co-innovation labs and
global delivery capabilities to provide holistic multi-service delivery in key
industry verticals including Financial Services, Manufacturing,
Telecommunications, Media, Publishing, Entertainment, Retail & CPG, Life
Sciences & Healthcare, Oil & Gas, Energy & Utilities, Travel, Transportation &
Logistics and Government.
Mode 1 encompasses the core services in the areas of Applications,
Infrastructure, BPO and Engineering, and R&D services, leveraging DRYiCETM
Autonomics to transform clients’ business and IT landscape, making them ‘lean’
and ‘agile’.
Mode 2 focuses on experience-centric and outcome-oriented integrated
offerings of Digital & Analytics, IoT WoRKS™, Cloud Native Services, and
Cybersecurity & GRC services to drive business outcomes and enable enterprise
digitalization.
Mode 3 strategy is ecosystem–driven, creating innovative IP–partnerships to build
products and platforms business.
4. Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading

global information technology, consulting and business process services
company. It is on the list of top 5 IT companies in India.
The Company harness the power of cognitive computing, hyper-automation,
robotics, cloud, analytics and emerging technologies to help our clients adapt to
the digital world and make them successful. It is the fourth largest Indian top it
companies.
 ROE: 17.26 %
It is one of the Indian IT companies recognized globally for its comprehensive
portfolio of services, a strong commitment to sustainability and good corporate
citizenship, The Company has over 160,000 dedicated employees serving clients
across six continents. Together, one of the best Indian IT companies to discover
ideas and connect the dots to build a better and a bold new future.
5. Redington India Ltd
Established in 1993, Redington has traversed an eventful and exciting journey to

one of the best Indian IT companies. It is on the list of top 5 IT companies in
India.
The incredible journey has seen us emerge from one brand, one product
category, and one market into a US $6.7 billion distribution and supply
chain solutions provider to over 220 international brands in IT and Mobility
spaces, serving 30+ emerging markets.
 Revenue: Rs 47,996 Cr.
 ROE: 15.00 %
Today, new-age technologies like Artificial Intelligence (AI), Robotics, Big Data
and Analytics, Internet of Things (IoT), and 5G communications are opening new
possibilities and new opportunities for tomorrow. Redington India Ltd is the fifth
largest Indian top it companies.
6. Tech Mahindra Ltd
Tech Mahindra represents the connected world, offering innovative and
customer-centric information technology experiences, enabling Enterprises,
Associates and the Society to Rise™.
The company is a 9 billion company with 125,700+ professionals across 90
countries, helping 941 global customers including Fortune 500 companies. It is
one of the best IT company in India.
 Market Cap: 70,141 Cr.
 ROE: 21.58 %
The Company convergent, digital, design experiences, innovation platforms, and
reusable assets connect across a number of technologies to deliver tangible
business value and experiences to our stakeholders. Tech Mahindra is the highest
ranked Non-U.S. company in the Forbes Global Digital 100 list (2018) and in the
Forbes Fab 50 companies in Asia (2018).
7. Larsen & Toubro Infotech Ltd
Founded 20 years ago as the information technology arm of the Larsen & Toubro
group. It is also one of the best IT company in India.
 ROE: 34.63 %
LTI is a global technology consulting and digital solutions company helping more
than 360 clients succeed in a converging world. With operations in 30 countries,
accelerate digital transformation with LTI’s Mosaic platform enabling their mobile,
social, analytics, IoT and cloud journeys.
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8. Mphasis Ltd
Incorporated in 1992, Mphasis serves marquee customers across the globe
including six top global banks, eleven out of fifteen top mortgage lender s, and
three top global insurance companies and has about 22,000 employees across
sixteen countries. It is among the top software companies in India
 ROE: 19.96 %
Blackstone Private Equity, the world’s largest private equity firm acquired Hewlett
Packard Enterprise’s stake (60.5%) in Mphasis. This deal represents the largest
technology investment as well as the largest acquisition by Blackstone in India.
Mphasis’ core reference architectures & tools, combined with strong domain
expertise in Banking, Financial Services & Insurance verticals .
9. Mindtree Ltd
Mindtree is a global technology consulting and services company, helping

enterprises marry scale with agility to achieve competitive advantage. “Born
digital,” in 1999 and now a Larsen & Toubro Group Company, Mindtree applies
its deep domain knowledge to 350+ enterprise client engagements to break
down silos, make sense of digital complexity and bring new initiatives to market
faster.
 Employees: 21000
 ROE: 24.94 %
The Company enables IT to move at the speed of business, leveraging emerging
technologies and the efficiencies of Continuous Delivery to spur business
innovation. Operating in more than 15 countries across the world made up of
21,000 Employees. It is among the list of top software companies in India
10. Hexaware Technologies Ltd
Hexaware is a global leader and the fastest growing next-generation provider of

IT, BPO and consulting services. It is one among the best IT company in India.
The Company evolved at the intersection of advanced technologies – AUTOMATE
EVERYTHING TM, CLOUDIFY EVERYTHING TM, TRANSFORM CUSTOMER
EXPERIENCES TM, that helps in fast-tracking enterprises into the digital era.
 ROE: 26.53 %
HTL growth strategy is further strengthened by expanding global delivery
capability, with 33 global offices and 18,294+ employees. HTL service customers
in over two dozen languages, from every major time zone and every major
regulatory zone.

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Top 10 IT Companies in India 2020

1. Tata Consultancy service. – Largest IT company in India.

Tata Consultancy service is the Largest IT company in India in terms of Revenue.

Established in 1981, Infosys is an NYSE listed global consulting and IT services

HCL Technologies is one of the best IT companies in India. The Company is

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading

5. Redington India Ltd

Established in 1993, Redington has traversed an eventful and exciting journey to

7. Larsen & Toubro Infotech Ltd

Mindtree is a global technology consulting and services company, helping

Hexaware is a global leader and the fastest growing next-generation provider of

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