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Indian (NIFTY) Systems Software Industry Analysis

UpdatedApr 13, 2026
DataAggregated Company Financials
Companies14
  • 7D3.7%
  • 3M-27.7%
  • 1Y-21.0%
  • YTDn/a

In the last week, the Systems Software industry is up 3.7%, with Tata Elxsi up 3.3%. Meanwhile, Globesecure Technologies actually underperformed within the industry, shrinking 7.5% in the last week. In the past year, the industry is down 21%. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 13 Apr 2026₹719.9b₹192.4b₹22.2b37.5x32.4x3.7x
Wed, 11 Mar 2026₹711.6b₹192.4b₹22.2b36x32x3.7x
Fri, 06 Feb 2026₹897.9b₹192.5b₹22.4b40.7x40.1x4.7x
Sun, 04 Jan 2026₹994.1b₹190.4b₹23.9b42.3x41.6x5.2x
Tue, 02 Dec 2025₹1.0t₹190.4b₹23.9b44.3x41.8x5.3x
Thu, 30 Oct 2025₹1.0t₹189.3b₹23.9b42.5x43.2x5.5x
Sat, 27 Sep 2025₹986.0b₹188.6b₹24.4b40.1x40.5x5.2x
Mon, 25 Aug 2025₹984.9b₹188.6b₹24.4b39.3x40.4x5.2x
Wed, 23 Jul 2025₹1.1t₹186.8b₹24.8b40.6x42.5x5.6x
Fri, 20 Jun 2025₹1.1t₹187.0b₹25.2b47.2x45x6.1x
Sun, 18 May 2025₹1.1t₹186.5b₹25.4b46.7x44.4x6.1x
Tue, 15 Apr 2025₹906.5b₹184.0b₹24.0b40x37.7x4.9x
Thu, 13 Mar 2025₹985.6b₹184.0b₹24.0b42.8x41x5.4x
Sat, 08 Feb 2025₹1.2t₹183.8b₹24.5b49.5x48.7x6.5x
Mon, 06 Jan 2025₹1.3t₹180.5b₹23.2b54x56.8x7.3x
Wed, 04 Dec 2024₹1.3t₹180.8b₹23.2b54.1x55.2x7.1x
Fri, 01 Nov 2024₹1.3t₹180.9b₹20.3b53.6x62.2x7x
Sun, 29 Sep 2024₹1.4t₹175.7b₹19.3b68.2x73.3x8.1x
Tue, 27 Aug 2024₹1.4t₹175.7b₹19.3b61x73.6x8.1x
Thu, 25 Jul 2024₹1.4t₹172.3b₹18.0b56.6x78.1x8.1x
Sat, 22 Jun 2024₹1.3t₹170.7b₹17.8b57.9x73.8x7.7x
Mon, 20 May 2024₹1.3t₹170.2b₹18.3b63.2x68.6x7.4x
Wed, 17 Apr 2024₹1.2t₹163.6b₹16.6b56.8x73.7x7.5x
Fri, 15 Mar 2024₹1.2t₹163.5b₹16.6b55.5x75.1x7.6x
Sun, 11 Feb 2024₹1.4t₹163.5b₹16.6b59.6x81.4x8.3x
Tue, 09 Jan 2024₹1.3t₹156.4b₹13.9b53.1x94.1x8.4x
Thu, 07 Dec 2023₹1.3t₹156.4b₹13.9b48.2x90.2x8x
Sat, 04 Nov 2023₹1.1t₹155.8b₹15.6b43.4x70.4x7.1x
Mon, 02 Oct 2023₹1.2t₹213.1b₹20.9b38.2x57.1x5.6x
Wed, 30 Aug 2023₹1.2t₹213.1b₹20.9b39x56.9x5.6x
Fri, 28 Jul 2023₹1.1t₹211.6b₹20.9b46.3x53.4x5.3x
Sun, 25 Jun 2023₹1.1t₹201.2b₹19.8b61.7x55.3x5.4x
Tue, 23 May 2023₹1.0t₹201.1b₹19.8b43.4x50.7x5x
Thu, 20 Apr 2023₹879.1b₹188.0b₹19.4b36.8x45.4x4.7x
Price to Earnings Ratio

45.4x


Total Market Cap: ₹879.1bTotal Earnings: ₹19.4bTotal Revenue: ₹188.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Systems Software Industry Price to Earnings3Y Average 56.7x202420252026
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 32.4x which is lower than its 3-year average PE of 56.7x.
  • The 3-year average PS ratio of 6.3x is higher than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Systems Software industry have grown 4.7% 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 Market6.90%
Tech3.70%
Software5.14%
Systems Software3.72%
Application Software5.82%
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₹4.41k3.3%
+₹8.7b
-7.2%PE47.3x
KPITTECH KPIT Technologies₹709.852.2%
+₹4.1b
-36.6%PE26.9x
RAMCOSYS Ramco Systems₹425.2010.5%
+₹1.5b
14.7%PE72.1x
532407 MosChip Technologies₹173.503.5%
+₹1.1b
18.1%PE93.2x
QUICKHEAL Quick Heal Technologies₹163.2814.1%
+₹1.1b
-41.0%PE153.8x