Indian Software Potentially Undervalued Companies

Excelsoft Technologies

Market Cap: ₹8.2b

A software as a service (SaaS) company, designs and develops technology-based solutions in the education and e-learning space.

Excelsoft Technologies

Market Cap: ₹8.2b

A software as a service (SaaS) company, designs and develops technology-based solutions in the education and e-learning space.

Systango Technologies

Market Cap: ₹3.2b

Provides software solutions in India, the United Kingdom, and the United States.

Clio Infotech

Market Cap: ₹153.2m

An information technology (IT) company, provides software solutions and IT services for the insurance, capital market, and asset and wealth management industries in India.

Tanla Platforms

Market Cap: ₹75.7b

Provides cloud communication platforms as a service solution to enterprises in India and internationally.

Route Mobile

Market Cap: ₹31.6b

Provides cloud-communication platform solutions to enterprises, over-the-top service providers, and mobile network operators in India and internationally.

RNIT Al Solutions

Market Cap: ₹1.6b

A tech company, focuses on providing enterprise-level solutions in India and internationally.

DiGiSPICE Technologies

Market Cap: ₹4.0b

Engages in the provision of tech-enabled local payments network services in India and internationally.

Tanla Platforms

Market Cap: ₹75.7b

Provides cloud communication platforms as a service solution to enterprises in India and internationally.

Mastek

Market Cap: ₹52.9b

Engages in the provision of enterprise technology solutions in India, the United Kingdom, Europe, North America, Middle East region, South-east Asia, India, Singapore, Australia, and internationally.

DRC Systems India

Market Cap: ₹1.8b

A software development company, engages in the provision of information technology (IT) and IT enabled services in India, the United Arab Emirates, and internationally.

GTL

Market Cap: ₹1.1b

Provides telecom network services.

Seshachal Technologies

Market Cap: ₹5.1m

Engages in the development of software solutions for energy, hospitality, solvent oil businesses, and other businesses in India.

DiGiSPICE Technologies

Market Cap: ₹4.0b

Engages in the provision of tech-enabled local payments network services in India and internationally.

R Systems International

Market Cap: ₹28.3b

A digital product engineering company, designs and builds chip-to-cloud software products and platforms in Europe, the United States, and internationally.

S A Tech Software India

Market Cap: ₹419.1m

Operates as an IT consulting company in India.

Naapbooks

Market Cap: ₹1.5b

Develops and provides information technology solutions to corporates in India.

Southern Infoconsultants

Market Cap: ₹106.6m

A software company, engages in the provision of information technology (IT) and IT-related services covering hardware supplies in India.

Route Mobile

Market Cap: ₹31.6b

Provides cloud-communication platform solutions to enterprises, over-the-top service providers, and mobile network operators in India and internationally.

GTL

Market Cap: ₹1.1b

Provides telecom network services.

CG-VAK Software and Exports

Market Cap: ₹801.2m

Through its subsidiaries, provides software services worldwide.

CG-VAK Software and Exports

Market Cap: ₹801.2m

Through its subsidiaries, provides software services worldwide.

SecureKloud Technologies

Market Cap: ₹600.7m

Provides information and technology services in India and the United States.

R Systems International

Market Cap: ₹28.3b

A digital product engineering company, designs and builds chip-to-cloud software products and platforms in Europe, the United States, and internationally.

Mastek

Market Cap: ₹52.9b

Engages in the provision of enterprise technology solutions in India, the United Kingdom, Europe, North America, Middle East region, South-east Asia, India, Singapore, Australia, and internationally.

Delaplex

Market Cap: ₹757.5m

Engages in the provision of software development and supply chain consultancy services in India and internationally.

Zensar Technologies

Market Cap: ₹110.0b

A digital solutions and technology services company, provides technology consulting and system integration services in India, the Americas, Europe, Africa, and internationally.

SecureKloud Technologies

Market Cap: ₹600.7m

Provides information and technology services in India and the United States.

Zensar Technologies

Market Cap: ₹110.0b

A digital solutions and technology services company, provides technology consulting and system integration services in India, the Americas, Europe, Africa, and internationally.

Yudiz Solutions

Market Cap: ₹236.8m

Provides information technology solutions and consulting services in India and internationally.

DRC Systems India

Market Cap: ₹1.8b

A software development company, engages in the provision of information technology (IT) and IT enabled services in India, the United Arab Emirates, and internationally.

Sonata Software

Market Cap: ₹84.1b

Provides information technology services and solutions in the United States, the United Kingdom, Ireland, rest of Europe, Australia, New Zealand, the Middle East, and the Asia Pacific.

Birlasoft

Market Cap: ₹84.9b

Provides software development and global IT consulting services in India, the Americas, Europe, the United Kingdom, and internationally.

Tridhya Tech

Market Cap: ₹191.0m

Provides full-service software development services in India and internationally.

Cambridge Technology Enterprises

Market Cap: ₹964.1m

A business and technology services company, provides IT solutions to enterprise services in India, the United States, the Middle East, and internationally.

SGL Resources

Market Cap: ₹623.7m

Together with its subsidiary, Jyacad Solutions Private Limited, designs, develops, and sells integrated GIS and image processing software solutions in India.