Valuation
Company Industry Analyst Rating MktCap
(US$bn)
Price Target
Price
Up/
down (%)
CORE EPS EPS Growth (%) PER (x) P/Bk (x) EV/EBITDA (x) Yield (%) ROAE (%)
FY24 FY25F FY26F FY25F FY26F FY25F FY26F FY25F FY26F FY25F FY25F FY25F
Birlasoft IT Services Abhishek SHINDADKAR HOLD 1.2 374 414 10.9% 22.2 18.3 16.0 (17.5%) (12.6%) 20.38 23.33 3.03 2.88 12.54 1.74% 15.8%
Coforge Limited IT Services Abhishek SHINDADKAR HOLD 6.7 1,764 8,006 353.8% 129.5 122.0 206.0 (5.8%) 68.8% 14.46 8.56 2.95 2.72 6.12 4.24% 26.0%
Cyient Limited IT Services Abhishek SHINDADKAR HOLD 1.5 1,227 1,773 44.5% 70.0 52.9 74.5 (24.4%) 40.7% 23.19 16.48 3.03 2.80 11.42 2.89% 18.2%
E2E Network Technology Components Abhishek SHINDADKAR ADD 0.7 3,084 3,245 5.2% 11.0 23.8 38.1 116.6% 59.6% 129.33 81.04 3.87 3.69 50.23 0.00% 5.7%
Eternal Ltd E-Commerce Abhishek SHINDADKAR ADD 35.1 321 300 (6.6)% 4.1 5.9 9.8 44.2% 65.3% 54.13 32.74 0.96 0.93 34.39 0.00% 2.1%
FSN Ecommerce Technology - Others Shubham Dalia REDUCE 7.8 239 103 (56.8)% 0.2 0.2 0.2 53.3% (2.7%) 1,019.51 1,047.36 51.39 48.98 154.23 0.00% 5.2%
HCL Technologies IT Services Abhishek SHINDADKAR HOLD 45.1 1,467 1,638 11.7% 58.0 64.2 64.5 10.7% 0.4% 22.85 22.76 5.70 5.61 14.64 4.09% 25.2%
Infosys IT Services Abhishek SHINDADKAR ADD 71.8 1,526 1,575 3.3% 63.0 63.6 69.4 1.0% 9.0% 23.98 22.00 6.84 6.54 15.53 3.47% 29.2%
L&T Infotech IT Services Abhishek SHINDADKAR HOLD 0.0 0 5,251 0.0% 185.1 0.0 0.0 0.0% 0.0% 0.00 0.00 0.00 0.00 0.00 0.00% 0.0%
L&T Technology Services Ltd IT Services Abhishek SHINDADKAR ADD 5.1 4,217 4,810 14.1% 122.5 119.5 131.6 (2.4%) 10.2% 35.29 32.03 7.36 6.54 22.53 1.30% 22.2%
LTIMindtree Ltd IT Services Abhishek SHINDADKAR ADD 17.9 5,333 5,749 7.8% 154.6 155.0 172.9 0.3% 11.5% 34.41 30.85 6.97 6.37 22.96 1.22% 21.5%
Mindtree Ltd IT Services Abhishek SHINDADKAR ADD 0.0 0 3,699 0.0% 134.0 0.0 0.0 0.0% 0.0% 0.00 0.00 0.00 0.00 0.00 0.00% 0.0%
Mphasis IT Services Abhishek SHINDADKAR HOLD 6.3 2,904 3,258 12.2% 81.9 88.8 102.4 8.4% 15.3% 32.69 28.36 5.99 5.64 20.27 2.24% 18.8%
Persistent Systems Ltd IT Services Abhishek SHINDADKAR HOLD 9.6 5,411 6,863 26.8% 71.3 89.7 112.5 25.9% 25.4% 60.30 48.08 14.33 12.12 39.97 0.59% 34.0%
Sonata Software IT Services Abhishek SHINDADKAR ADD 1.2 383 399 4.2% 11.1 15.8 19.1 41.9% 21.1% 24.25 20.02 6.25 5.51 14.02 1.30% 28.2%
Swiggy Ltd E-Commerce Abhishek SHINDADKAR ADD 11.9 421 540 28.5% (10.5) (8.7) (0.9) (16.7%) (90.0%) (48.08) (481.25) 9.11 9.29 (44.95) 0.00% (21.4%)
Tata Consultancy Services IT Services Abhishek SHINDADKAR ADD 128.4 3,133 3,818 21.8% 128.5 134.2 141.4 4.4% 5.3% 23.35 22.17 11.96 10.68 16.26 4.21% 52.4%
Tata Elxsi Ltd Technology - Overall Abhishek SHINDADKAR REDUCE 4.0 5,722 5,360 (6.3)% 127.2 126.0 106.5 (0.9%) (15.5%) 45.40 53.71 12.46 12.16 34.94 1.31% 29.3%
Tata Technologies Ltd Technology - Overall Abhishek SHINDADKAR REDUCE 3.2 702 671 (4.4)% 16.7 16.7 17.6 (0.4%) 5.4% 42.10 39.95 7.96 7.41 29.04 1.66% 19.9%
Wipro IT Services Abhishek SHINDADKAR HOLD 29.9 252 270 7.1% 13.8 12.5 12.5 (9.5%) 0.1% 20.12 20.10 3.21 3.11 12.69 3.97% 16.7%