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Indian (NIFTY) IT Consulting Industry Analysis

UpdatedAug 26, 2025
DataAggregated Company Financials
Companies142
  • 7D4.5%
  • 3M-5.2%
  • 1Y-19.5%
  • YTDn/a

In the last week, the IT Consulting industry is up 4.5%, with Tata Consultancy Services up 4.7%. During this same period, the Black Box underperformed, falling 6.8%. However, the industry is down 19% over the past year. Looking forward, earnings are forecast to grow by 8.2% annually.

Industry Valuation and Performance

Has the Indian IT Consulting Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 Aug 2025₹31.5t₹8.5t₹1.3t26.9x24.5x3.7x
Fri, 25 Jul 2025₹31.5t₹8.4t₹1.3t29.2x24.8x3.7x
Sun, 22 Jun 2025₹33.9t₹8.4t₹1.3t30.2x27x4.1x
Tue, 20 May 2025₹33.1t₹8.3t₹1.3t28.5x26.5x4x
Thu, 17 Apr 2025₹30.0t₹8.3t₹1.2t26.9x24x3.6x
Sat, 15 Mar 2025₹32.3t₹8.3t₹1.3t25.5x25.7x3.9x
Mon, 10 Feb 2025₹37.6t₹8.2t₹1.3t32.4x30x4.6x
Wed, 08 Jan 2025₹38.1t₹8.0t₹1.2t34.5x31.7x4.8x
Fri, 06 Dec 2024₹40.1t₹8.0t₹1.2t36.8x33.4x5x
Sun, 03 Nov 2024₹36.3t₹8.0t₹1.2t37.1x30.3x4.6x
Tue, 01 Oct 2024₹38.0t₹7.8t₹1.2t39.2x32.6x4.9x
Thu, 29 Aug 2024₹38.9t₹7.8t₹1.2t39.7x33.3x5x
Sat, 27 Jul 2024₹37.7t₹7.8t₹1.2t40.6x32.3x4.8x
Mon, 24 Jun 2024₹32.7t₹7.7t₹1.1t34.2x28.6x4.2x
Wed, 22 May 2024₹31.4t₹7.7t₹1.1t36.6x27.7x4.1x
Fri, 19 Apr 2024₹31.7t₹7.8t₹1.1t37.6x27.8x4.1x
Sun, 17 Mar 2024₹35.1t₹7.7t₹1.1t33.5x31.6x4.6x
Tue, 13 Feb 2024₹35.2t₹7.7t₹1.1t39.7x31.7x4.6x
Thu, 11 Jan 2024₹32.9t₹7.8t₹1.1t41.9x28.8x4.2x
Sat, 09 Dec 2023₹31.8t₹7.8t₹1.1t38.8x27.8x4.1x
Mon, 06 Nov 2023₹28.9t₹7.7t₹1.1t37.4x25.5x3.7x
Wed, 04 Oct 2023₹29.7t₹7.6t₹1.1t35.3x26.4x3.9x
Fri, 01 Sep 2023₹28.8t₹7.6t₹1.1t35.2x25.7x3.8x
Sun, 30 Jul 2023₹27.8t₹7.5t₹1.1t32.2x24.9x3.7x
Tue, 27 Jun 2023₹27.0t₹7.4t₹1.1t33x24.6x3.7x
Thu, 25 May 2023₹27.4t₹7.4t₹1.1t26x24.8x3.7x
Sat, 22 Apr 2023₹25.8t₹7.2t₹1.1t25.2x23.6x3.6x
Mon, 20 Mar 2023₹27.2t₹7.1t₹1.1t23.8x25.2x3.8x
Wed, 15 Feb 2023₹29.1t₹7.1t₹1.1t24.9x27x4.1x
Fri, 13 Jan 2023₹27.7t₹6.9t₹1.1t25.3x26x4x
Sun, 11 Dec 2022₹27.9t₹6.8t₹1.1t26x26.4x4.1x
Tue, 08 Nov 2022₹27.0t₹6.8t₹1.1t23.5x25.6x4x
Thu, 06 Oct 2022₹25.8t₹6.5t₹1.0t22.7x24.8x4x
Sat, 03 Sep 2022₹26.1t₹6.5t₹1.0t24.6x25.3x4x
Price to Earnings Ratio

25.3x


Total Market Cap: ₹26.1tTotal Earnings: ₹1.0tTotal Revenue: ₹6.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian IT Consulting Industry Price to Earnings3Y Average 27.7x202320242025
Current Industry PE
  • Investors are pessimistic on the Indian IT Consulting and Other Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 24.5x which is lower than its 3-year average PE of 27.7x.
  • The 3-year average PS ratio of 4.1x is higher than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 7.6% per year over the last three years.
  • Revenues for these companies have grown 9.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Indian IT Consulting compare with similar industries?

IN Market0.85%
Tech4.12%
IT4.51%
IT Consulting4.50%
Internet Services and Infrastructure8.49%
Data Processing Services2.29%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TCS Tata Consultancy Services₹3.16k4.7%
+₹510.2b
-29.8%PE23.2x
INFY Infosys₹1.53k6.2%
+₹371.4b
-19.5%PE22.6x
507685 Wipro₹252.052.1%
+₹53.4b
-2.5%PE19.6x
HCLTECH HCL Technologies₹1.49k1.1%
+₹45.2b
-12.8%PE23.1x
COFORGE Coforge₹1.74k5.2%
+₹29.2b
43.0%PE62.2x

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