Top Software-as-a-Service (SaaS) companies in India by EBITDA

This ranking features the top 63 Software-as-a-Service (SaaS) companies in India ranked by EBITDA, totalling a EBITDA of USD 9.59 B, for January 15, 2025.

India

Software-as-a-Service (SaaS)

#	Name	EBITDA	Reported Date	Stock Price	Change	Country
1	Infosys Limited 1 INFY.NS	USD 4.21 B	March 31, 2024	USD 22.42	-0.98%	India
2	HCL Technologies Limited 2 HCLTECH.NS	USD 3.07 B	March 31, 2024	USD 20.95	-8.71%	India
3	Oracle Financial Services Software Limited 3 OFSS.NS	USD 371.65 M	March 31, 2024	USD 124.17	-0.77%	India
4	Mphasis Limited 4 MPHASIS.NS	USD 316.47 M	March 31, 2024	USD 32.12	0.25%	India
5	Persistent Systems Limited 5 PERSISTENT.NS	USD 216.25 M	March 31, 2024	USD 67.94	-1.91%	India
6	Coforge Limited 6 COFORGE.NS	USD 175.18 M	March 31, 2024	USD 99.28	-1.15%	India
7	Zensar Technologies Limited 7 ZENSARTECH.NS	USD 123.55 M	March 31, 2024	USD 8.60	-0.21%	India
8	Firstsource Solutions Limited 8 FSL.NS	USD 114.67 M	March 31, 2024	USD 4.28	2.40%	India
9	Birlasoft Limited 9 BSOFT.NS	USD 112.66 M	March 31, 2024	USD 6.16	1.53%	India
10	Hinduja Global Solutions Limited 10 HGS.NS	USD 96.79 M	March 31, 2024	USD 7.43	1.58%	India
11	Quess Corp Limited 11 QUESS.NS	USD 83.91 M	March 31, 2024	USD 7.23	3.94%	India
12	Sonata Software Limited 12 SONATSOFTW.NS	USD 81.20 M	March 31, 2024	USD 6.80	0.27%	India
13	SIS Limited 13 SIS.NS	USD 70.07 M	March 31, 2024	USD 3.82	-1.87%	India
14	Sify Technologies Limited 14 SIFY	USD 68.93 M	March 31, 2024	USD 2.95	2.08%	India
15	Mastek Limited 15 MASTEK.NS	USD 62.18 M	March 31, 2024	USD 32.15	-1.24%	India
16	Happiest Minds Technologies Limited 16 HAPPSTMNDS.NS	USD 51.94 M	March 31, 2024	USD 8.23	-0.66%	India
17	Affle (India) Limited 17 AFFLE.NS	USD 49.99 M	March 31, 2024	USD 18.29	3.78%	India
18	Newgen Software Technologies Limited 18 NEWGEN.NS	USD 40.33 M	March 31, 2024	USD 18.20	-0.09%	India
19	Datamatics Global Services Limited 19 DATAMATICS.NS	USD 34.86 M	March 31, 2024	USD 7.13	1.38%	India
20	R Systems International Limited 20 RSYSTEMS.NS	USD 31.64 M	Dec. 31, 2023	USD 5.11	-1.81%	India
21	Cigniti Technologies Limited 21 CIGNITITEC.NS	USD 30.55 M	March 31, 2024	USD 17.67	-1.28%	India
22	RateGain Travel Technologies Limited 22 RATEGAIN.NS	USD 27.90 M	March 31, 2024	USD 7.70	-2.59%	India
23	AGS Transact Technologies Limited 23 AGSTRA.NS	USD 25.68 M	March 31, 2024	USD 0.70	4.30%	India
24	Aurionpro Solutions Limited 24 AURIONPRO.NS	USD 23.86 M	March 31, 2024	USD 17.97	2.29%	India
25	Accelya Solutions India Limited 25 ACCELYA.NS	USD 20.22 M	June 30, 2024	USD 16.71	-0.60%	India
26	Expleo Solutions Limited 26 EXPLEOSOL.NS	USD 18.67 M	March 31, 2024	USD 15.02	0.69%	India
27	Saksoft Limited 27 SAKSOFT.NS	USD 17.22 M	March 31, 2024	USD 2.29	1.68%	India
28	Netweb Technologies India Limited 28 NETWEB.NS	USD 13.72 M	March 31, 2024	USD 29.10	4.08%	India
29	Kellton Tech Solutions Limited 29 KELLTONTEC.NS	USD 12.74 M	March 31, 2024	USD 1.72	2.84%	India
30	Sasken Technologies Limited 30 SASKEN.NS	USD 12.18 M	March 31, 2024	USD 24.04	2.56%	India
31	Allied Digital Services Limited 31 ADSL.NS	USD 10.05 M	March 31, 2024	USD 2.64	12.17%	India
32	Dynacons Systems & Solutions Limited 32 DSSL.NS	USD 9.89 M	March 31, 2024	USD 15.42	1.11%	India
33	Zaggle Prepaid Ocean Services Limited 33 ZAGGLE.NS	USD 9.78 M	March 31, 2024	USD 5.91	0.63%	India
34	Xchanging Solutions Limited 34 XCHANGING.NS	USD 8.22 M	March 31, 2024	USD 1.21	0.14%	India
35	DiGiSPICE Technologies Limited 35 DIGISPICE.NS	USD 8.17 M	March 31, 2024	USD 0.31	-1.43%	India
36	InfoBeans Technologies Limited 36 INFOBEAN.NS	USD 7.47 M	March 31, 2024	USD 4.68	3.72%	India
37	Ksolves India Limited 37 KSOLVES.NS	USD 5.61 M	March 31, 2024	USD 10.81	2.21%	India
38	Mindteck (India) Limited 38 MINDTECK.NS	USD 4.66 M	March 31, 2024	USD 2.95	1.66%	India
39	Quick Heal Technologies Limited 39 QUICKHEAL.NS	USD 4.47 M	March 31, 2024	USD 6.44	-2.15%	India
40	Inspirisys Solutions Limited 40 INSPIRISYS.NS	USD 3.91 M	March 31, 2024	USD 1.15	-1.68%	India
41	Silver Touch Technologies Limited 41 SILVERTUC.NS	USD 3.30 M	March 31, 2024	USD 7.69	0.86%	India
42	Sigma Solve Limited 42 SIGMA.NS	USD 3.19 M	March 31, 2024	USD 3.82	-3.22%	India
43	Cambridge Technology Enterprises Limited 43 CTE.NS	USD 3.00 M	March 31, 2024	USD 1.09	3.73%	India
44	R S Software (India) Limited 44 RSSOFTWARE.NS	USD 2.79 M	March 31, 2024	USD 2.17	-1.86%	India
45	Intense Technologies Limited 45 INTENTECH.NS	USD 2.72 M	March 31, 2024	USD 1.26	5.60%	India
46	NINtec Systems Limited 46 NINSYS.BO	USD 2.59 M	March 31, 2024	USD 5.61	3.17%	India
47	IRIS Business Services Limited 47 IRIS.NS	USD 1.90 M	March 31, 2024	USD 6.64	4.74%	India
48	Compucom Software Limited 48 COMPUSOFT.NS	USD 1.90 M	March 31, 2024	USD 0.29	3.43%	India
49	DRC Systems India Limited 49 DRCSYSTEMS.NS	USD 1.80 M	March 31, 2024	USD 0.31	3.95%	India
50	GSS Infotech Limited 50 GSS.NS	USD 1.49 M	March 31, 2024	USD 0.63	0.83%	India

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Frequently Asked Questions

Which Software-as-a-Service (SaaS) company in India has the highest EBITDA ?

The Software-as-a-Service (SaaS) company in India with the highest EBITDA is Infosys Limited (NSE: INFY.NS) at USD 4.21 B.
Which Software-as-a-Service (SaaS) company in India has the lowest EBITDA ?

The Software-as-a-Service (SaaS) company in India with the lowest EBITDA is One97 Communications Limited (NSE: PAYTM.NS) at USD -71.06 M.

What are the top 10 Software-as-a-Service (SaaS) companies in India by EBITDA ?

The top 10 Software-as-a-Service (SaaS) companies in India by EBITDA are Infosys Limited, HCL Technologies Limited, Oracle Financial Services Software Limited, Mphasis Limited, Persistent Systems Limited, Coforge Limited, Zensar Technologies Limited, Firstsource Solutions Limited, Birlasoft Limited and Hinduja Global Solutions Limited.
What are the bottom 10 Software-as-a-Service (SaaS) companies in India by EBITDA ?

The bottom 10 Software-as-a-Service (SaaS) companies in India by EBITDA are One97 Communications Limited, Ramco Systems Limited, SecureKloud Technologies Limited, Sastasundar Ventures Limited, FCS Software Solutions Limited, Ace Integrated Solutions Limited, Goldstone Technologies Limited, California Software Company Limited, SecMark Consultancy Limited and HOV Services Limited.