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Sep 18
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Indian (NIFTY) IT Consulting Industry Analysis
UpdatedSep 18, 2025
DataAggregated Company Financials
Companies147
- 7D1.0%
- 3M-6.3%
- 1Y-19.0%
- YTDn/a
Over the last 7 days, the IT Consulting industry has remained flat. As for the longer term, the industry has declined 19% in the last year. As for the next few years, earnings are expected to grow by 8.0% per annum.
Industry Valuation and Performance
Has the Indian IT Consulting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Sep 2025 | ₹31.6t | ₹8.5t | ₹1.3t | 27x | 24.6x | 3.7x |
| Sat, 16 Aug 2025 | ₹30.3t | ₹8.5t | ₹1.3t | 26.6x | 23.6x | 3.6x |
| Mon, 14 Jul 2025 | ₹32.7t | ₹8.4t | ₹1.3t | 30.8x | 26x | 3.9x |
| Wed, 11 Jun 2025 | ₹33.6t | ₹8.3t | ₹1.3t | 30.3x | 26.9x | 4x |
| Fri, 09 May 2025 | ₹31.9t | ₹8.3t | ₹1.3t | 25.6x | 25.5x | 3.8x |
| Sun, 06 Apr 2025 | ₹30.1t | ₹8.2t | ₹1.3t | 25.7x | 24.1x | 3.7x |
| Tue, 04 Mar 2025 | ₹33.4t | ₹8.3t | ₹1.3t | 25.9x | 26.5x | 4x |
| Thu, 30 Jan 2025 | ₹37.6t | ₹8.1t | ₹1.2t | 34.3x | 30.3x | 4.6x |
| Sat, 28 Dec 2024 | ₹38.7t | ₹8.0t | ₹1.2t | 35.4x | 32.1x | 4.8x |
| Mon, 25 Nov 2024 | ₹38.6t | ₹8.0t | ₹1.2t | 37.5x | 32.2x | 4.8x |
| Wed, 23 Oct 2024 | ₹36.9t | ₹7.9t | ₹1.2t | 37.7x | 30.9x | 4.7x |
| Fri, 20 Sep 2024 | ₹38.0t | ₹7.8t | ₹1.2t | 39.4x | 32.6x | 4.9x |
| Sun, 18 Aug 2024 | ₹37.6t | ₹7.8t | ₹1.2t | 38x | 32.2x | 4.8x |
| Tue, 16 Jul 2024 | ₹36.0t | ₹7.8t | ₹1.2t | 38.4x | 31x | 4.6x |
| Thu, 13 Jun 2024 | ₹32.3t | ₹7.7t | ₹1.1t | 33.4x | 28.3x | 4.2x |
| Sat, 11 May 2024 | ₹31.3t | ₹7.7t | ₹1.1t | 35.3x | 27.6x | 4x |
| Mon, 08 Apr 2024 | ₹33.1t | ₹7.7t | ₹1.1t | 37x | 29.8x | 4.3x |
| Wed, 06 Mar 2024 | ₹34.2t | ₹7.7t | ₹1.1t | 34.7x | 30.8x | 4.4x |
| Fri, 02 Feb 2024 | ₹34.2t | ₹7.8t | ₹1.1t | 42.4x | 30.2x | 4.4x |
| Sun, 31 Dec 2023 | ₹33.5t | ₹7.8t | ₹1.1t | 41.1x | 29.3x | 4.3x |
| Tue, 28 Nov 2023 | ₹30.0t | ₹7.7t | ₹1.1t | 36.9x | 26.4x | 3.9x |
| Thu, 26 Oct 2023 | ₹28.6t | ₹7.7t | ₹1.1t | 37.3x | 25.2x | 3.7x |
| Sat, 23 Sep 2023 | ₹30.5t | ₹7.6t | ₹1.1t | 36.1x | 27.2x | 4x |
| Mon, 21 Aug 2023 | ₹28.5t | ₹7.6t | ₹1.1t | 34.8x | 25.4x | 3.8x |
| Wed, 19 Jul 2023 | ₹29.4t | ₹7.5t | ₹1.1t | 32.1x | 26.2x | 3.9x |
| Fri, 16 Jun 2023 | ₹27.2t | ₹7.4t | ₹1.1t | 34x | 24.7x | 3.7x |
| Sun, 14 May 2023 | ₹26.8t | ₹7.4t | ₹1.1t | 27.1x | 24.2x | 3.6x |
| Tue, 11 Apr 2023 | ₹27.2t | ₹7.1t | ₹1.1t | 25x | 25.2x | 3.8x |
| Thu, 09 Mar 2023 | ₹28.4t | ₹7.1t | ₹1.1t | 24.3x | 26.4x | 4x |
| Sat, 04 Feb 2023 | ₹29.1t | ₹7.1t | ₹1.1t | 25.6x | 27.1x | 4.1x |
| Mon, 02 Jan 2023 | ₹27.5t | ₹6.8t | ₹1.1t | 24.5x | 25.9x | 4x |
| Wed, 30 Nov 2022 | ₹29.1t | ₹6.8t | ₹1.1t | 24.8x | 27.6x | 4.3x |
| Fri, 28 Oct 2022 | ₹26.7t | ₹6.8t | ₹1.1t | 23.6x | 25.3x | 3.9x |
| Sun, 25 Sep 2022 | ₹24.9t | ₹6.5t | ₹1.0t | 23x | 24x | 3.8x |
Price to Earnings Ratio
24x
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 24.6x which is lower than its 3-year average PE of 27.6x.
- 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 7.3% per year over the last three years.
- Revenues for these companies have grown 9.3% 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 Market | 1.75% | |
| Tech | 1.13% | |
| IT | 0.98% | |
| IT Consulting | 1.00% | |
| Data Processing Services | 1.43% | |
| Internet Services and Infrastructure | -4.79% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TCS Tata Consultancy Services | ₹3.18k | 1.7% +₹189.9b | -26.1% | PE23.3x | |
| INFY Infosys | ₹1.54k | 2.0% +₹128.1b | -18.7% | PE22.6x | |
| HCLTECH HCL Technologies | ₹1.49k | 1.8% +₹70.7b | -14.0% | PE23x | |
| LTIM LTIMindtree | ₹5.52k | 4.4% +₹69.1b | -13.4% | PE34.7x | |
| 507685 Wipro | ₹256.85 | 1.1% +₹30.4b | -3.7% | PE20x |
