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Indian (NIFTY) IT Consulting Industry Analysis

UpdatedJan 24, 2026
DataAggregated Company Financials
Companies156
  • 7D-2.4%
  • 3M4.7%
  • 1Y-16.2%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has remained flat, although notably Wipro declined by 11%. Unfortunately though, the industry is down 16% over the past 12 months. Looking forward, earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Jan 2026₹32.5t₹8.9t₹1.3t23.2x25.3x3.6x
Mon, 22 Dec 2025₹33.3t₹8.7t₹1.3t24.8x25.5x3.8x
Wed, 19 Nov 2025₹31.2t₹8.7t₹1.3t25.5x24x3.6x
Fri, 17 Oct 2025₹30.7t₹8.6t₹1.3t27.5x23.8x3.6x
Sun, 14 Sep 2025₹31.3t₹8.5t₹1.3t27.2x24.3x3.7x
Tue, 12 Aug 2025₹30.1t₹8.5t₹1.3t27.1x23.5x3.5x
Thu, 10 Jul 2025₹33.6t₹8.3t₹1.3t30x26.9x4x
Sat, 07 Jun 2025₹32.8t₹8.3t₹1.3t29.2x26.2x3.9x
Mon, 05 May 2025₹31.9t₹8.3t₹1.2t26x25.6x3.9x
Wed, 02 Apr 2025₹32.3t₹8.2t₹1.3t27x25.8x3.9x
Fri, 28 Feb 2025₹34.6t₹8.3t₹1.3t27.8x27.5x4.2x
Sun, 26 Jan 2025₹38.3t₹8.1t₹1.2t34.4x30.8x4.7x
Tue, 24 Dec 2024₹38.7t₹8.0t₹1.2t36x32.2x4.8x
Thu, 21 Nov 2024₹37.1t₹8.0t₹1.2t34.3x31x4.7x
Sat, 19 Oct 2024₹37.7t₹7.9t₹1.2t40.3x31.8x4.8x
Mon, 16 Sep 2024₹39.6t₹7.8t₹1.2t40.4x33.9x5.1x
Wed, 14 Aug 2024₹36.0t₹7.8t₹1.2t36.7x30.8x4.6x
Fri, 12 Jul 2024₹34.3t₹7.7t₹1.1t36.1x30x4.4x
Sun, 09 Jun 2024₹32.8t₹7.7t₹1.1t32.3x28.7x4.2x
Tue, 07 May 2024₹31.7t₹7.8t₹1.1t35.8x27.9x4.1x
Thu, 04 Apr 2024₹32.9t₹7.7t₹1.1t34.9x29.6x4.3x
Sat, 02 Mar 2024₹34.9t₹7.7t₹1.1t35x31.5x4.5x
Mon, 29 Jan 2024₹34.1t₹7.8t₹1.1t41.4x30.1x4.4x
Wed, 27 Dec 2023₹33.4t₹7.8t₹1.1t41.8x29.3x4.3x
Fri, 24 Nov 2023₹30.3t₹7.7t₹1.1t36.7x26.8x3.9x
Sun, 22 Oct 2023₹29.5t₹7.7t₹1.1t36.7x26x3.9x
Tue, 19 Sep 2023₹30.7t₹7.6t₹1.1t36.9x27.3x4.1x
Thu, 17 Aug 2023₹29.1t₹7.6t₹1.1t34.5x25.9x3.8x
Sat, 15 Jul 2023₹29.1t₹7.5t₹1.1t32.3x26x3.9x
Mon, 12 Jun 2023₹26.9t₹7.4t₹1.1t33.1x24.5x3.6x
Wed, 10 May 2023₹26.9t₹7.4t₹1.1t26.7x24.3x3.6x
Fri, 07 Apr 2023₹27.2t₹7.1t₹1.1t23.7x25.2x3.8x
Sun, 05 Mar 2023₹28.1t₹7.1t₹1.1t24.1x26.2x4x
Tue, 31 Jan 2023₹28.6t₹7.0t₹1.1t26.1x26.7x4.1x
Price to Earnings Ratio

26.7x


Total Market Cap: ₹28.6tTotal Earnings: ₹1.1tTotal Revenue: ₹7.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian IT Consulting Industry Price to Earnings3Y Average 27.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the Indian IT Consulting and Other Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 27.5x.
  • 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 6.2% per year over the last three years.
  • Revenues for these companies have grown 8.2% 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-3.58%
Tech-2.96%
IT-2.41%
IT Consulting-2.39%
Data Processing Services-5.48%
Internet Services and Infrastructure-9.41%
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
TECHM Tech Mahindra₹1.70k1.8%
+₹27.1b
-1.3%PE32.6x
HCLTECH HCL Technologies₹1.71k0.5%
+₹24.4b
-4.8%PE26.7x
TATATECH Tata Technologies₹657.551.1%
+₹2.8b
-16.0%PE50.2x
544610 Workmates Core2Cloud Solution₹371.4018.0%
+₹731.2m
n/aPE29.9x
SAHANA Sahana System₹799.305.3%
+₹357.5m
-53.2%PE14.2x

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