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Indian (NIFTY) Systems Software Industry Analysis
UpdatedFeb 06, 2026
DataAggregated Company Financials
Companies14
- 7D-0.7%
- 3M-9.3%
- 1Y-25.0%
- YTDn/a
Over the last 7 days, the Systems Software industry has dropped 1.5%, driven by a pullback from KPIT Technologies of 8.0%. In contrast, Birlasoft has gained 12%. Overall the industry is down 24% in 12 months. Looking forward, earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Indian Systems Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 06 Feb 2026 | ₹897.9b | ₹192.5b | ₹22.4b | 40.7x | 40.1x | 4.7x |
| Sun, 04 Jan 2026 | ₹994.1b | ₹190.4b | ₹23.9b | 42.3x | 41.6x | 5.2x |
| Tue, 02 Dec 2025 | ₹1.0t | ₹190.4b | ₹23.9b | 44.3x | 41.8x | 5.3x |
| Thu, 30 Oct 2025 | ₹1.0t | ₹189.3b | ₹23.9b | 42.5x | 43.2x | 5.5x |
| Sat, 27 Sep 2025 | ₹986.0b | ₹188.6b | ₹24.4b | 40.1x | 40.5x | 5.2x |
| Mon, 25 Aug 2025 | ₹984.9b | ₹188.6b | ₹24.4b | 39.3x | 40.4x | 5.2x |
| Wed, 23 Jul 2025 | ₹1.1t | ₹186.8b | ₹24.8b | 40.6x | 42.5x | 5.6x |
| Fri, 20 Jun 2025 | ₹1.1t | ₹187.0b | ₹25.2b | 47.2x | 45x | 6.1x |
| Sun, 18 May 2025 | ₹1.1t | ₹186.5b | ₹25.4b | 46.7x | 44.4x | 6.1x |
| Tue, 15 Apr 2025 | ₹906.5b | ₹184.0b | ₹24.0b | 40x | 37.7x | 4.9x |
| Thu, 13 Mar 2025 | ₹985.6b | ₹184.0b | ₹24.0b | 42.8x | 41x | 5.4x |
| Sat, 08 Feb 2025 | ₹1.2t | ₹183.8b | ₹24.5b | 49.5x | 48.7x | 6.5x |
| Mon, 06 Jan 2025 | ₹1.3t | ₹180.5b | ₹23.2b | 54x | 56.8x | 7.3x |
| Wed, 04 Dec 2024 | ₹1.3t | ₹180.8b | ₹23.2b | 54.1x | 55.2x | 7.1x |
| Fri, 01 Nov 2024 | ₹1.3t | ₹180.9b | ₹20.3b | 53.6x | 62.2x | 7x |
| Sun, 29 Sep 2024 | ₹1.4t | ₹175.7b | ₹19.3b | 68.2x | 73.3x | 8.1x |
| Tue, 27 Aug 2024 | ₹1.4t | ₹175.7b | ₹19.3b | 61x | 73.6x | 8.1x |
| Thu, 25 Jul 2024 | ₹1.4t | ₹172.3b | ₹18.0b | 56.6x | 78.1x | 8.1x |
| Sat, 22 Jun 2024 | ₹1.3t | ₹170.7b | ₹17.8b | 57.9x | 73.8x | 7.7x |
| Mon, 20 May 2024 | ₹1.3t | ₹170.2b | ₹18.3b | 63.2x | 68.6x | 7.4x |
| Wed, 17 Apr 2024 | ₹1.2t | ₹163.6b | ₹16.6b | 56.8x | 73.7x | 7.5x |
| Fri, 15 Mar 2024 | ₹1.2t | ₹163.5b | ₹16.6b | 55.5x | 75.1x | 7.6x |
| Sun, 11 Feb 2024 | ₹1.4t | ₹163.5b | ₹16.6b | 59.6x | 81.4x | 8.3x |
| Tue, 09 Jan 2024 | ₹1.3t | ₹156.4b | ₹13.9b | 53.1x | 94.1x | 8.4x |
| Thu, 07 Dec 2023 | ₹1.3t | ₹156.4b | ₹13.9b | 48.2x | 90.2x | 8x |
| Sat, 04 Nov 2023 | ₹1.1t | ₹155.8b | ₹15.6b | 43.4x | 70.4x | 7.1x |
| Mon, 02 Oct 2023 | ₹1.2t | ₹213.1b | ₹20.9b | 38.2x | 57.1x | 5.6x |
| Wed, 30 Aug 2023 | ₹1.2t | ₹213.1b | ₹20.9b | 39x | 56.9x | 5.6x |
| Fri, 28 Jul 2023 | ₹1.1t | ₹211.6b | ₹20.9b | 46.3x | 53.4x | 5.3x |
| Sun, 25 Jun 2023 | ₹1.1t | ₹201.2b | ₹19.8b | 61.7x | 55.3x | 5.4x |
| Tue, 23 May 2023 | ₹1.0t | ₹201.1b | ₹19.8b | 43.4x | 50.7x | 5x |
| Thu, 20 Apr 2023 | ₹879.1b | ₹188.0b | ₹19.4b | 36.8x | 45.4x | 4.7x |
| Sat, 18 Mar 2023 | ₹864.4b | ₹188.3b | ₹19.7b | 21.3x | 43.8x | 4.6x |
| Mon, 13 Feb 2023 | ₹895.5b | ₹188.3b | ₹19.7b | 23.8x | 45.4x | 4.8x |
Price to Earnings Ratio
45.4x
Current Industry PE
- Investors are pessimistic on the Indian Systems Software 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 40.6x which is lower than its 3-year average PE of 57.3x.
- The 3-year average PS ratio of 6.3x is higher than the industry's current PS ratio of 4.7x.
Past Earnings Growth
- The earnings for companies in the Systems Software industry have grown 4.3% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does Indian Systems Software compare with similar industries?
| IN Market | 1.42% | |
| Tech | -3.99% | |
| Software | -1.61% | |
| Systems Software | -0.66% | |
| Application Software | -2.14% | |
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 | |
|---|---|---|---|---|---|
| BSOFT Birlasoft | ₹460.55 | 12.4% +₹14.1b | -13.1% | PE27.6x | |
| RAMCOSYS Ramco Systems | ₹568.25 | 29.1% +₹4.8b | 52.2% | PE96.3x | |
| 500408 Tata Elxsi | ₹5.41k | 1.4% +₹4.6b | -15.8% | PE58x | |
| 544567 Infinity Infoway | ₹403.00 | 3.7% +₹77.4m | n/a | PE35.5x | |
| GSTL Globesecure Technologies | ₹21.05 | 25.3% +₹67.7m | -29.7% | PS2.4x |
