Top 10 IT Companies in India 2026

India’s IT industry had an odd year. Revenue kept climbing, but headcount didn’t always keep pace. AI started writing code, and clients pushed harder on price.

But the sector is still massive. Tata Consultancy Services alone finished FY26 with US$30 billion in revenue and 584,519 employees, while Infosys topped US$20 billion in revenue for the first time. Mid-sized companies such as Coforge and Persistent grew much faster than the largest firms, and the giants reshaped their teams around AI.

For a CIO choosing a new provider, a founder deciding who to hire or an IT professional looking for work, that creates a real decision. Just because a company is the largest or the fastest-growing doesn’t mean it’s the right fit for your needs.

We reviewed the pages that rank best on Google for this topic, then checked each company’s FY26 results, headcount and 2026 news. This guide looks at the top 10 IT companies in India for 2026, ranked by FY26 revenue, with notes on what each firm does best.

Why Businesses Work With the Top IT Companies in India

Global Delivery at Scale

Large Indian IT firms run delivery centers across dozens of countries, which lets them staff big programs quickly. Clients can work with one partner for consulting, software development and long-term support, instead of juggling several vendors.

AI Built Into the Work

Every large firm on this list now reports AI-driven revenue or AI-led deal wins. TCS said its annualized AI revenue passed US$2.3 billion in Q4 FY26, while HCLTech said its Advanced AI revenue crossed US$620 million.

Cost Efficiency

Indian providers have competed on value for many years. Offshore delivery, mature processes and deep benches help clients cut running costs, and that leaves budget free for new investments.

Deep Industry Know-How

The top 10 IT companies in India work with banks, insurers, telecom operators and manufacturers around the world. Products such as Infosys Finacle and Oracle FLEXCUBE also power core banking systems for clients globally.

Top 10 IT Companies in India at a Glance

Rank	Company	Core segment	Key 2026 figure
1	Tata Consultancy Services	IT services, consulting, AI infrastructure	FY26 revenue US$30,017 million
2	Infosys	IT services, consulting, banking software	FY26 revenue US$20,158 million
3	HCLTech	IT, engineering and R&D services, software	FY26 revenue US$14.7 billion
4	Wipro	IT services and consulting	FY26 IT services revenue US$10,478 million
5	Tech Mahindra	IT, telecom and network services	FY26 revenue US$6,385 million
6	LTM (formerly LTIMindtree)	IT services, cloud, agentic AI	FY26 revenue US$4.764 billion
7	Coforge	Digital services for BFSI, insurance, travel	FY26 revenue up 29.2% to US$1,870 million
8	Mphasis	AI-led services for banking and insurance	FY26 revenue US$1,796 million
9	Persistent Systems	Software product engineering, digital services	FY26 revenue up 17.4% to US$1,654.4 million
10	Oracle Financial Services Software	Banking software products	FY26 revenue ₹7,672 crore

Top 10 IT Companies in India (2026)

Here are the top 10 IT companies in India, ranked by FY26 revenue, with each firm’s key strengths.

1. Tata Consultancy Services (TCS)

Tata Consultancy Services, part of the Tata Group, was founded in 1968 and is headquartered in Mumbai. It is the largest IT company in India by revenue and employee count. In FY26 it reported revenue of US$30,017 million and had 584,519 employees as of March 2026, a figure that rose to 598,056 by the end of September 2026.

TCS reported total contract value of US$40.7 billion in FY26, including five mega deals, and its operating margin rose to 25%, the highest in four years. Its AI business kept expanding, with annualized AI revenue topping US$2.3 billion in Q4 FY26 and reaching US$3.1 billion in Q2 FY27. In September 2026, TCS subsidiary HyperVault announced plans to invest up to ₹70,000 crore, with partners, in a 1 GW AI data center campus in Hyderabad. TCS also acquired Coastal Cloud and List Engage during the year.

Key IT Solutions
✔ IT services, consulting and business solutions
✔ AI services and AI data center infrastructure through HyperVault
✔ Cloud, enterprise applications and managed services
✔ Business process services

Best for: Large enterprises that need a global partner for multi-year transformation programs.

2. Infosys

Infosys was founded in 1981 and is headquartered in Bengaluru. FY26 was a milestone year: revenue crossed the US$20 billion mark at US$20,158 million, up 3.1% in constant currency. Headcount stood at more than 328,000 at the end of the year.

Large deal wins reached US$14.9 billion across 96 deals, 55% of them net new. Infosys announced AI collaborations with Anthropic, Cursor, Cognition and Intel, and Cursor says it is enabling over 100,000 Infosys engineers with agentic coding tools. Its Topaz AI and Cobalt cloud platforms anchor much of this work. Infosys Finacle was named a leader in the 2026 Gartner Magic Quadrant for Banking Payment Hub Platforms, and the company was named one of the World’s Most Ethical Companies for the sixth consecutive year.

Key IT Solutions
✔ Infosys Topaz AI services and platforms
✔ Infosys Cobalt cloud services
✔ Finacle digital banking suite
✔ Digital transformation and consulting

Best for: Enterprises looking for AI-led modernization with a proven global delivery model.

3. HCLTech

HCLTech traces its roots to HCL, founded in 1976, and is headquartered in Noida. Its FY26 revenue was US$14.7 billion, or ₹130,144 crore, up 3.9% in constant currency. HCLTech employs more than 227,000 people across 60 countries.

Engineering and R&D services grew 9.8% in constant currency, the fastest of any segment, and new deal wins were worth US$9.3 billion. A global technology major picked HCLTech for an AI Factory program worth over US$100 million, and HCLSoftware’s annual recurring revenue passed US$1.05 billion. In 2026, HCLTech was included in Fortune’s World’s Most Admired Companies list and was recognized by Ethisphere as one of the World’s Most Ethical Companies for the third consecutive year.

Key IT Solutions
✔ IT and business services
✔ Engineering and R&D services
✔ HCLSoftware products
✔ Advanced AI programs

Best for: Companies that need strong engineering, R&D and infrastructure capabilities.

4. Wipro

Wipro was founded in 1945 and has its headquarters in Bengaluru. Its gross revenue for FY26 was ₹92,620 crore, while IT services revenue was US$10,478 million. Wipro had 242,156 employees at the end of March 2026.

Bookings were the bright spot. Total bookings rose 14% in constant currency to US$16.4 billion, and large deal bookings increased 45.4% to US$7.8 billion. Wipro completed a ₹15,000 crore share buyback at ₹250 per share in June 2026. Capco, Wipro’s consulting arm, won the AI Governance & Risk Excellence Award at the OpenAI Partner Summit 2026. Wipro has been an OpenAI strategic partner since 2025.

Key IT Solutions
✔ IT services and systems integration
✔ Capco consulting for financial services
✔ Cloud, data and AI services
✔ Digital transformation

Best for: Banks and large enterprises that want consulting and IT delivery under one roof.

5. Tech Mahindra

Founded in 1986, Tech Mahindra is part of the Mahindra Group and is headquartered in Pune. It reported FY26 revenue of US$6,385 million, or ₹56,815 crore, and had 147,623 employees at the end of March 2026.

The turnaround led by CEO Mohit Joshi is starting to show in the numbers. EBIT rose 39.2% in rupee terms and the margin improved by 290 basis points to 12.6%, with Q4 marking the 10th consecutive quarter of margin expansion. New deal wins surged 41.6% to US$3,794 million. The company paid ₹51 per share in dividends for FY26, its highest annual payout. Management said FY26 marked the end of the stabilization phase of its transformation.

Key IT Solutions
✔ Telecom and network services
✔ AI-led transformation and managed services
✔ Banking, manufacturing and energy solutions
✔ Business process services

Best for: Telecom operators and enterprises looking for network and AI-led services.

6. LTM (formerly LTIMindtree)

LTM, known as LTIMindtree until March 2026, is a Larsen & Toubro group company based in Mumbai. It changed its legal name to LTM Limited on March 17, 2026. Revenue for FY26 grew 6.0% to US$4.764 billion.

Order inflow grew 10.3% to US$6.6 billion, and the EBIT margin expanded to 15.4%. LTM launched BlueVerse, its agentic AI ecosystem, and announced Lakshya 31, a five-year plan that aims to double revenue by FY31. Venu Lambu is CEO and managing director.

Key IT Solutions
✔ BlueVerse agentic AI ecosystem
✔ Cloud and ERP services
✔ Data and digital transformation
✔ Consulting

Best for: Enterprises that want a mid-to-large partner with strong cloud, data and agentic AI offerings.

7. Coforge

Headquartered in Noida, Coforge was formerly known as NIIT Technologies. It grew the fastest on this list in FY26, with revenue up 29.2% in dollar terms to US$1,870 million, or ₹16,421 crore. It had 35,777 employees at the end of March 2026.

The EBIT margin expanded by 370 basis points to 14.4%, and the executable order book for the next 12 months stood at US$1.75 billion. Coforge won five large deals in Q4 FY26 alone and reached AWS Premier Tier Services Partner status. ISG and Everest Group named it a leader in multiple categories. Sudhir Singh is CEO.

Key IT Solutions
✔ Digital engineering and application services
✔ Cloud services as an AWS Premier Tier partner
✔ Data and AI services
✔ Industry solutions for banking, insurance and travel

Best for: Mid-to-large enterprises that want a fast-growing, focused digital partner.

8. Mphasis

Founded in 2000, Mphasis is based in Bengaluru. Its revenue for FY26 was US$1,796 million, or ₹15,880 crore, and it had 31,179 employees at the end of March 2026.

New deal wins rose 68% to US$2.1 billion, and 60% of those were AI-led. Revenue was up 11.6% on a reported basis. Mphasis acquired Theory and Practice (TAP) as part of its move from automating tasks to building AI systems that reason over business objectives. Its NeoIP platform anchors its offerings, and Nitin Rakesh is CEO.

Key IT Solutions
✔ NeoIP AI platform
✔ Application modernization
✔ Banking and insurance technology services
✔ Cloud and data services

Best for: Banks and insurers that want AI-led modernization.

9. Persistent Systems

Persistent Systems was founded in 1990 and is based in Pune. Revenue for FY26 increased 17.4% to US$1,654.4 million, or ₹14,748 crore. It employs more than 27,500 people across 18 countries.

Q4 FY26 was Persistent’s 24th consecutive quarter of sequential growth, and profit after tax grew 33.2% for the year. Brand Finance named Persistent the world’s fastest-growing IT services brand in its 2026 IT Services 25 report. TIME ranked it among the top 10 professional services firms in Asia-Pacific for 2026, and Everest Group named it a Leader for software product engineering.

Key IT Solutions
✔ Software product engineering
✔ Digital engineering and AI services
✔ Cloud and data platforms
✔ Services for private equity firms

Best for: Software companies and enterprises that need product engineering depth.

10. Oracle Financial Services Software

Oracle Financial Services Software (OFSS) is an Oracle group company based in Mumbai. Unlike most other companies on this list, it’s primarily a products business. Revenue for FY26 increased 12% to ₹7,672 crore, and about 90% of that came from products. It had more than 9,100 employees at fiscal year-end.

OFSS is one of the most profitable IT companies in India. Net income was ₹2,639 crore in FY26, and its operating margin in Q4 was 51%. Its FLEXCUBE core banking platform runs in banks worldwide, and the company is focusing on AI and cloud deployments of FLEXCUBE. OFSS paid dividends of ₹400 per share for FY26.

Key IT Solutions
✔ Oracle FLEXCUBE core banking
✔ Banking and financial services software
✔ Cloud deployments for banks
✔ Implementation services

Best for: Banks that want a proven core banking product.

How to Choose the Right IT Partner

Match Scale to Your Project

Your vendor needs to be big enough to staff your work. A large global program may need a US$30 billion firm that can scale quickly, but a smaller project might get more senior attention from a mid-sized firm. Align the vendor’s scale to the size of your work.

Check Industry Experience

Ask vendors about recent deals in your sector. Mphasis has deep experience in banking and insurance, OFSS owns FLEXCUBE, and engineering services were HCLTech’s fastest-growing segment in FY26. Request references from other clients in your industry.

Test the AI Claims

Every vendor will tell you it has AI capabilities. Request examples of live client work, including the platform used and specific, measurable results. Ask how much of its recent deal wins are AI-led.

Review Financial Health

Margins, cash flow and deal wins give you a sense of whether a partner will be around for the long haul. All of the top 10 IT companies in India featured here are publicly listed, so you can easily review their quarterly results.

Ask About Delivery and Attrition

Ask where your team will be located, how attrition is trending and how handovers work. Attrition at most of the companies on this list was roughly 11% to 14% in FY26.

Frequently Asked Questions About IT Companies in India

Which is the largest IT company in India?

Tata Consultancy Services is the largest IT company in India by revenue and headcount. TCS reported US$30 billion in revenue for FY26 and had 598,056 employees as of September 2026.

Which IT company in India grew fastest in FY26?

Among the top 10 IT companies in India on this list, Coforge grew the fastest, with dollar revenue up 29.2% for the year. Persistent Systems had the second-highest growth at 17.4%.

Are IT companies in India hiring in 2026?

Hiring is selective. TCS added employees for three consecutive quarters through September 2026, while Infosys and Tech Mahindra both reported headcount declines in Q4 FY26 as AI began to change how work gets done.

Which is the best IT company in India?

There’s no single best company for everyone. TCS and Infosys are strong choices for large global programs, while firms such as Persistent, Coforge and Mphasis may be a better fit for more targeted digital, product or banking work.

Conclusion

The top 10 IT companies in India for 2026 show two clear trends. The largest firms are stable and profitable, with very large order books. The mid-sized companies are growing faster and fighting harder for AI-driven business.

Size shouldn’t be the deciding factor when you choose a partner. Look at where a firm has worked in your sector, review its AI capabilities and check its recent financial results. You’ll likely find the right fit on this list.

Also read: Top 10 AI Companies in India 2026