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Indian (NIFTY) Systems Software Industry Analysis

UpdatedJan 09, 2026
DataAggregated Company Financials
Companies14
  • 7D3.2%
  • 3M2.3%
  • 1Y-21.3%
  • YTDn/a

In the last week, the Systems Software industry is up 4.8%, with Tata Elxsi up 9.7%. In the same time, Ramco Systems was down 9.7%. In contrast, the industry has lost 20% in the last 12 months. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the Indian Systems Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 09 Jan 2026₹1.0t₹190.4b₹23.9b46.1x42.3x5.3x
Sun, 07 Dec 2025₹1.0t₹190.4b₹23.9b43.5x42.6x5.4x
Tue, 04 Nov 2025₹1.0t₹189.3b₹23.9b43x42.6x5.4x
Thu, 02 Oct 2025₹968.2b₹188.6b₹24.4b39.3x39.7x5.1x
Sat, 30 Aug 2025₹959.5b₹188.6b₹24.4b39.6x39.4x5.1x
Mon, 28 Jul 2025₹1.0t₹186.8b₹24.8b39.6x41.3x5.5x
Wed, 25 Jun 2025₹1.1t₹187.0b₹25.2b46x44x5.9x
Fri, 23 May 2025₹1.1t₹187.2b₹25.8b45.9x43.7x6x
Sun, 20 Apr 2025₹931.7b₹183.9b₹23.8b40.6x39.2x5.1x
Tue, 18 Mar 2025₹975.0b₹184.0b₹24.0b42.4x40.6x5.3x
Thu, 13 Feb 2025₹1.1t₹183.9b₹24.0b47.3x46.7x6.1x
Sat, 11 Jan 2025₹1.2t₹180.8b₹23.1b51.1x53.6x6.8x
Mon, 09 Dec 2024₹1.3t₹180.8b₹23.2b56.4x57.7x7.4x
Wed, 06 Nov 2024₹1.3t₹180.6b₹21.8b53.6x57.8x7x
Fri, 04 Oct 2024₹1.4t₹175.7b₹19.3b68.1x71.7x7.9x
Sun, 01 Sep 2024₹1.5t₹175.7b₹19.3b63.2x75.1x8.3x
Tue, 30 Jul 2024₹1.4t₹175.2b₹19.1b55.6x72.3x7.9x
Thu, 27 Jun 2024₹1.3t₹170.7b₹17.8b55.7x74x7.7x
Sat, 25 May 2024₹1.3t₹170.2b₹18.5b64.4x67.7x7.4x
Mon, 22 Apr 2024₹1.2t₹163.6b₹16.6b57.6x73x7.4x
Wed, 20 Mar 2024₹1.2t₹163.5b₹16.6b50.1x72.6x7.4x
Fri, 16 Feb 2024₹1.3t₹163.5b₹16.6b58.4x79.5x8.1x
Sun, 14 Jan 2024₹1.4t₹156.4b₹13.9b56.5x97.7x8.7x
Tue, 12 Dec 2023₹1.3t₹156.4b₹13.9b48.2x90.4x8.1x
Thu, 09 Nov 2023₹1.2t₹156.4b₹13.9b41.5x83.8x7.5x
Sat, 07 Oct 2023₹1.2t₹213.1b₹20.9b40.5x57.7x5.7x
Mon, 04 Sep 2023₹1.2t₹213.1b₹20.9b41.4x58.2x5.7x
Wed, 02 Aug 2023₹1.1t₹212.8b₹20.9b34.1x53.9x5.3x
Fri, 30 Jun 2023₹1.1t₹201.2b₹19.8b62.5x56.1x5.5x
Sun, 28 May 2023₹1.1t₹201.3b₹19.8b44.9x53.1x5.2x
Tue, 25 Apr 2023₹887.2b₹193.5b₹19.5b39x45.6x4.6x
Thu, 23 Mar 2023₹861.6b₹188.3b₹19.7b20.9x43.7x4.6x
Sat, 18 Feb 2023₹893.6b₹188.3b₹19.7b23.7x45.3x4.7x
Mon, 16 Jan 2023₹817.7b₹181.3b₹20.4b19.2x40.1x4.5x
Price to Earnings Ratio

40.1x


Total Market Cap: ₹817.7bTotal Earnings: ₹20.4bTotal Revenue: ₹181.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Systems Software Industry Price to Earnings3Y Average 57.3x202420252026
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 43.3x 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 5.4x.
Past Earnings Growth
  • The earnings for companies in the Systems Software industry have grown 5.4% 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-0.99%
Tech-0.92%
Software0.23%
Systems Software3.15%
Application Software-1.54%
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
500408 Tata Elxsi₹5.69k6.6%
+₹21.8b
-5.3%PE52.8x
KPITTECH KPIT Technologies₹1.18k1.3%
+₹4.0b
-13.7%PE41.6x
531161 ABM Knowledgeware₹293.056.9%
+₹378.0m
29.7%PE45.2x
544567 Infinity Infoway₹405.151.3%
+₹28.1m
n/aPE45.8x
GSTL Globesecure Technologies₹15.101.0%
+₹2.4m
-50.7%PS1.7x

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