Information Technology Sector — Q4 FY26 Earnings Overview
55 companies reported. 37 bullish, 14 neutral, 4 bearish.
Average revenue growth: 35.0%
Sector sentiment: bullish
Aggregate revenue: ₹1,65,953 Cr
Average margin: 15.4%
Company Results
| Company | Revenue | YoY | Margin | Sentiment |
|---|---|---|---|---|
| TCS | ₹70,698 Cr | +9.6% | 27.3% | neutral high |
| HCLTech | ₹33,981 Cr | +2.4% | — | bearish high |
| Dixon Technologies | ₹10,511 Cr | — | 4.0% | neutral medium |
| Netweb Technologies India | ₹7,737 Cr | +86.6% | 12.5% | bullish high |
| Coforge | ₹4,450 Cr | +29.2% | 18.6% | bullish high |
| Persistent Systems | ₹4,056 Cr | +25.1% | 19.0% | bullish high |
| Hexaware Technologies | ₹3,613 Cr | — | 16.0% | bullish high |
| L&T Technology Services | ₹2,858 Cr | +8.3% | 18.0% | bullish high |
| Paisalo Digital | ₹2,609 Cr | +35% | — | bullish high |
| Sonata Software | ₹2,536 Cr | -3.1% | — | neutral medium |
| PB Fintech | ₹2,061 Cr | +37% | 10.0% | bullish high |
| KPIT Technologies | ₹1,711 Cr | — | 20.6% | neutral medium |
| Tata Technologies | ₹1,572 Cr | — | 16.0% | bullish high |
| Syrma SGS Technology | ₹1,465 Cr | +27% | 12.0% | bullish high |
| Zensar Technologies | ₹1,450 Cr | — | — | neutral medium |
| Sterlite Technologies | ₹1,441 Cr | +37% | 15.1% | bullish high |
| Birlasoft | ₹1,349 Cr | +2.4% | 18.5% | bearish high |
| Kaynes Technology India | ₹1,243 Cr | +33.2% | 16.0% | bearish high |
| Shadowfax Technologies | ₹1,237 Cr | +74% | 4.7% | bullish high |
| Waaree Renewable Technologies | ₹1,102 Cr | +131.31% | 19.0% | bullish high |
| Rossari Biotech | ₹685 Cr | +18% | 11.3% | neutral medium |
| Garware Hi-Tech Films | ₹597 Cr | — | 23.0% | bullish high |
| R Systems International | ₹575 Cr | +29.9% | 18.0% | bullish high |
| NIIT Learning Systems | ₹525 Cr | +22% | 19.0% | neutral medium |
| Avalon Technologies | ₹480 Cr | +40% | 11.8% | bullish high |
| Newgen Software Technologies | ₹453 Cr | +6% | 34.0% | neutral medium |
| Websol Energy System | ₹401 Cr | +132% | 36.4% | bullish high |
| Nazara Technologies | ₹398 Cr | — | 19.5% | bullish high |
| Tejas Networks | ₹333 Cr | — | -65.8% | bearish high |
| MTAR Technologies | ₹306 Cr | +29.6% | 20.0% | bullish high |
| One MobiKwik Systems | ₹289 Cr | +6% | 3.5% | bullish high |
| Clean Science | ₹249 Cr | — | 38.0% | neutral medium |
| Thyrocare Technologies | ₹224 Cr | +20% | 24.0% | bullish high |
| Servotech Renewable Power | ₹217 Cr | +8.4% | 10.0% | bullish high |
| Esconet Technologies | ₹209 Cr | +53.4% | 3.0% | neutral medium |
| CarTrade Tech | ₹203 Cr | +22% | 35.0% | bullish high |
| 3i Infotech | ₹176 Cr | — | — | neutral medium |
| IKIO Technologies | ₹165 Cr | +47% | 16.0% | bullish medium |
| Fabtech Technologies | ₹159 Cr | +28.4% | 14.0% | bullish medium |
| Alldigi Tech | ₹155 Cr | +9.6% | 28.0% | bullish high |
| Shilchar Technologies | ₹152 Cr | — | 21.0% | neutral medium |
| Apex Ecotech | ₹149 Cr | +109.5% | 14.6% | bullish high |
| Fabtech Technologies Cleanrooms | ₹143 Cr | +46.93% | 12.0% | bullish medium |
| Rossell Techsys | ₹142 Cr | +62% | 11.3% | bullish high |
| Onward Technologies | ₹137 Cr | +10.5% | 11.2% | bullish high |
| Concord Control Systems | ₹129 Cr | — | 30.0% | bullish high |
| Aurum PropTech | ₹124 Cr | +50.8% | 23.0% | bullish high |
| Anlon Technology Solutions | ₹106 Cr | +111% | 19.6% | bullish high |
| E2E Networks | ₹96 Cr | +186% | 60.7% | bullish high |
| Arham Technologies | ₹73 Cr | +70% | 15.0% | bullish high |
| Aakaar Medical Technologies | ₹67 Cr | +8.6% | 16.4% | bullish medium |
| Mold-Tek Technologies | ₹55 Cr | — | — | neutral medium |
| Infollion Research Services | ₹49 Cr | +30% | 12.0% | neutral medium |
| Fidel Softech | ₹37 Cr | +155% | 14.1% | bullish high |
| Infinity Infoway | ₹16 Cr | +80% | 38.3% | bullish high |
Key sector risks this quarter
Anlon Technology Solutions · high
Growth is tied to government infrastructure spending and Make in India policy; any policy shift could impact order flow.
Esconet Technologies · highSharp increases in component costs in H1 FY26 compressed margins; similar volatility could recur if not adequately hedged.
Apex Ecotech · highMetal prices rose 25-40% in H2, compressing margins. If prices remain elevated, margins could face further pressure.
Clean Science · highChina's access to cheaper crude oil allows Chinese producers to offer lower prices for phenol and acetone, creating an arbitrage that pressures Clean Science's margins.
Fabtech Technologies Cleanrooms · highGeopolitical tensions and raw material shortages (steel, aluminum) have caused project delays and margin pressure. Management is renegotiating contracts but impact remains uncertain.