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 (%)
FY21 FY22F FY23F FY22F FY23F FY22F FY23F FY22F FY23F FY22F FY22F FY22F
Birlasoft IT Services Abhishek SHINDADKAR HOLD 2.1 552 570 3.2% 11.5 16.4 17.1 42.5% 4.6% 33.72 32.24 6.08 6.35 22.74 0.81% 19.5%
Coforge Limited IT Services Abhishek SHINDADKAR REDUCE 7.5 8,117 4,431 (45.4)% 74.6 108.8 111.7 45.8% 2.6% 74.60 72.68 18.43 16.37 45.28 0.63% 26.0%
Cyient Limited IT Services Abhishek SHINDADKAR ADD 2.8 1,813 2,034 12.2% 33.1 47.5 46.8 43.6% (1.5%) 38.17 38.76 6.39 5.75 23.12 1.32% 23.0%
HCL Technologies IT Services Abhishek SHINDADKAR ADD 68.0 1,821 2,021 11.0% 40.6 49.8 54.8 22.8% 10.0% 36.55 33.23 7.98 7.54 23.81 2.42% 22.2%
Infosys IT Services Abhishek SHINDADKAR ADD 104.3 1,825 2,166 18.7% 45.4 52.2 57.3 15.0% 9.8% 34.94 31.82 10.21 10.13 23.92 1.69% 29.2%
L&T Infotech IT Services Abhishek SHINDADKAR HOLD 0.0 0 5,251 0.0% 110.5 130.9 153.3 18.5% 17.1% 0.00 0.00 0.00 0.00 (1.04) 0.00% 28.5%
L&T Technology Services Ltd IT Services Abhishek SHINDADKAR HOLD 7.5 5,133 5,619 9.5% 62.8 90.6 114.0 44.2% 25.9% 56.65 45.01 13.03 12.37 37.17 0.68% 25.1%
LTIMindtree Ltd IT Services Abhishek SHINDADKAR ADD 24.0 5,886 7,264 23.4% 0.0 133.5 148.9 0.0% 11.6% 44.10 39.52 12.19 10.51 32.02 0.55% 55.3%
Mindtree Ltd IT Services Abhishek SHINDADKAR ADD 0.0 0 3,699 0.0% 67.5 100.3 120.0 48.6% 19.6% 0.00 0.00 0.00 0.00 (1.29) 0.00% 33.8%
Mphasis IT Services Abhishek SHINDADKAR HOLD 7.3 2,789 3,294 18.1% 65.0 76.4 86.3 17.7% 13.0% 36.50 32.31 7.63 6.66 24.31 1.63% 21.5%
Persistent Systems Ltd IT Services Abhishek SHINDADKAR HOLD 12.3 5,710 6,260 9.6% 29.5 45.2 60.3 53.2% 33.4% 126.43 94.76 25.91 22.01 89.98 0.27% 30.0%
Sonata Software IT Services Tushar WAVHAL HOLD 2.1 547 826 51.0% 8.8 13.6 16.3 54.3% 20.0% 40.32 33.59 13.81 11.67 30.75 1.92% 37.6%
Tata Consultancy Services IT Services Abhishek SHINDADKAR ADD 201.3 4,040 4,915 21.7% 86.7 103.6 115.2 19.5% 11.2% 38.98 35.06 16.76 16.34 27.38 1.06% 43.7%
Tata Elxsi Ltd Technology - Overall Abhishek SHINDADKAR REDUCE 5.6 6,549 6,064 (7.4)% 59.3 88.3 121.3 49.0% 37.4% 74.18 54.00 25.48 19.55 51.98 0.73% 37.2%
Tata Technologies Ltd Technology - Overall Abhishek SHINDADKAR REDUCE 5.3 949 740 (22.0)% 5.9 10.8 15.4 82.7% 42.8% 88.10 61.69 16.88 12.88 57.75 0.00% 19.8%
Wipro IT Services Abhishek SHINDADKAR HOLD 40.5 562 466 (17.0)% 18.8 21.9 20.7 16.9% (5.6%) 25.64 27.15 4.71 3.97 17.95 1.07% 20.0%