Industry analysis
Software Products
Read from what its listed companies are showing. Valuations are compared within this industry.
Mixed
58 listed companies · ₹ 1,11,454 Cr. total market value- ●61% of companies grew sales by more than 8% from a year earlier; the typical company's profit fell 14%. 38% made a loss.
- ▲2 credit rating upgrades and 1 downgrade in the last 90 days.
- –11 good and 1 bad company announcements, including 2 big orders won (read since 6 Oct 2026; not counted until there is a month of them).
- ▼The typical share is down 9.3% in 3 months; 23% of shares trade above their 200-day average (their usual level).
- –Typical P/E 32.6, close to these companies' usual level.
▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.
In charts
Share prices over the last year
The typical Software Products share against the typical share on the market, both starting at 100. Now 79 vs 83.
Is growth speeding up or slowing down?
The typical company's sales and profit growth against the same quarter a year earlier.
Price against growth
Each dot is a company: further left is cheaper (lower P/E), higher up grew profit faster. Red dots passed the cheaper-than-peers screen. Companies beyond the chart's edges sit on the edge.
Cheaper than peers
Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.
| Details | ||||
|---|---|---|---|---|
| Tanla Platforms TANLA | 13.9 vs 32.657% cheaper | +17.8% / +20.3% | ₹ 7,419.2 Cr. |
Cheaper than peers across the whole market
Leaders and laggards
Good news
- Ramco SystemsCredit rating raised
- IRIS RegTech SolutionsCredit rating raised
- Oracle Financial Services SoftwareStrong results
- Tanla PlatformsStrong results
- Unicommerce eSolutionsStrong results
Warning signs
- VirinchiRating outlook cut
Best shares, 3 months
- First Fintec+75.7%
- Subex+40.2%
- Cranes Software International+38%
- ACE Software Exports+29.6%
- Sotefin Bharat Ltd+14.2%
Worst shares, 3 months
Companies
Click a column to sort.
| Signs (90 days) | |||||||
|---|---|---|---|---|---|---|---|
| Oracle Financial Services Software OFSS | Software Products | ₹ 84,012.14 Cr. | +6.6% | +28.6% | 23.6 | −13.1% | Strong results |
| Tanla Platforms TANLA | Software Products | ₹ 7,419.2 Cr. | +17.8% | +20.3% | 13.9 | −4.8% | Strong results |
| Capillary Technologies India CAPILLARY | Software Products | ₹ 4,538.82 Cr. | +42.7% | Loss | 88.8 | −0.1% | |
| TechNVision Ventures Ltd TECHNVISN | Software Products | ₹ 2,217.96 Cr. | +30% | +9,300% | 749.2 | −22.4% | |
| Ramco Systems RAMCOSYS | Software Products | ₹ 1,987.67 Cr. | +3.5% | −96.4% | 39.3 | −14.4% | Credit rating raised |
| Mobavenue Ai Tech 539682 | Software Products | ₹ 1,877.32 Cr. | +58.7% | +100% | 53 | −14.8% | |
| Nucleus Software Exports NUCLEUS | Software Products | ₹ 1,705.75 Cr. | −3.7% | −31.4% | 14.9 | −9.3% | |
| Blue Cloud Softech Solutions BLUECLOUDS | Software Products | ₹ 1,692.97 Cr. | +42.2% | +28.6% | 26.6 | — | |
| Subex SUBEXLTD | Software Products | ₹ 935.17 Cr. | +19.7% | +7.7% | 28.9 | +40.2% | |
| Unicommerce eSolutions UNIECOM | Software Products | ₹ 858.24 Cr. | +15% | +10.6% | 39.1 | −1.9% | Strong results |
| Quick Heal Technologies QUICKHEAL | Software Products | ₹ 749.25 Cr. | −21.4% | Loss | 196.4 | −13.4% | |
| IRIS RegTech Solutions IRIS | Software Products | ₹ 417.12 Cr. | +30% | Loss | 32.5 | −18.5% | Credit rating raised |
| Sotefin Bharat Ltd 544832 | Software Products | ₹ 399.27 Cr. | — | — | 23 | +14.2% | |
| Virtual Galaxy Infotech VGINFOTECH | Software Products | ₹ 323.91 Cr. | — | — | 19.8 | −16.2% | |
| ABM Knowledgeware ABMKNO | Software Products | ₹ 278.93 Cr. | +4.2% | −6.7% | 33 | −19.4% | |
| ACE Software Exports 531525 | Software Products | ₹ 235.59 Cr. | +7.8% | −2.5% | 78.8 | +29.6% | |
| Aion-Tech Solutions GOLDTECH | Software Products | ₹ 203.3 Cr. | +40.4% | Loss | 38.7 | −27.9% | |
| Silverline Tech 500389 | Software Products | ₹ 154.04 Cr. | −100% | −100% | 3.8 | — | |
| Atishay 538713 | Software Products | ₹ 149.75 Cr. | +10.8% | −92.7% | 26.7 | −20.3% | |
| Virinchi VIRINCHI | Software Products | ₹ 130.46 Cr. | −12.1% | Loss | 32.7 | −16.6% | Rating outlook cut |
| New Markets Avenue Ltd 508867 | Software Products | ₹ 126.15 Cr. | −100% | Loss | 44 | — | |
| Avance Technologies AVANCE | Software Products | ₹ 118.91 Cr. | +62.1% | +52.5% | 8.4 | — | |
| Xelpmoc Design and Tech XELPMOC | Software Products | ₹ 118.58 Cr. | +23.1% | Loss | 778.1 | −0.1% | |
| Artificial Electronics Intelligent Material Ltd 526443 | Software Products | ₹ 109.27 Cr. | +614.3% | +1,200% | 2.2 | −61% | |
| Mobilise App Lab MOBILISE | Software Products | ₹ 99.88 Cr. | — | — | 18.8 | −7.6% | |
| Cranes Software International 512093 | Software Products | ₹ 95.79 Cr. | −1.6% | Loss | 17.5 | +38% | |
| Odyssey Technologies 530175 | Software Products | ₹ 65.65 Cr. | −4.5% | −59.3% | 43.3 | +6.5% | |
| Bits 526709 | Software Products | ₹ 63.99 Cr. | +41.9% | +128.6% | 80.7 | −19.1% | |
| Trust Fintech TRUST | Software Products | ₹ 55.63 Cr. | +32.6% | −24.7% | 7.1 | −10% | |
| Netlink Solutions India Ltd 509040 | Software Products | ₹ 44.72 Cr. | −100% | −75.3% | 61.7 | −1.2% | |
| B2B Software Technologies 531268 | Software Products | ₹ 34.55 Cr. | +14.2% | +41.5% | 11 | −14.2% | |
| IEC Education 531840 | Software Products | ₹ 32.96 Cr. | — | Loss | 72.7 | +7% | |
| Olatech Solutions 543578 | Software Products | ₹ 21.58 Cr. | +20% | Loss | 13.2 | −11.9% | |
| Response Informatics 538273 | Software Products | ₹ 15.84 Cr. | +8.6% | — | 6.4 | −3.2% | |
| Infronics Systems 537985 | Software Products | ₹ 14.64 Cr. | — | Loss | 156 | −7.2% | |
| COSYN 538922 | Software Products | ₹ 14.62 Cr. | +49.3% | 0% | 121.9 | −2.2% | |
| First Fintec 532379 | Software Products | ₹ 13.27 Cr. | −13.8% | +20% | 1.3 | +75.7% | |
| TeleCanor Global Ltd 530595 | Software Products | ₹ 12.88 Cr. | — | — | 4.8 | −43.3% | |
| Indo City Infotech Ltd 532100 | Software Products | ₹ 12.48 Cr. | +826.3% | +20.5% | 32.8 | +6.6% | |
| Continental Chemicals 506935 | Software Products | ₹ 12.3 Cr. | 0% | −14.3% | 25.1 | −3% | |
| Hit Kit Global Solutions 532359 | Software Products | ₹ 11.37 Cr. | +95% | 0% | 124 | +9.7% | |
| Groarc Industries India 532315 | Software Products | ₹ 11.36 Cr. | +2,564.6% | Loss | 5.3 | +6.9% | |
| Svam Software 523722 | Software Products | ₹ 10.66 Cr. | +566.7% | Loss | 360.3 | +13.3% | |
| Clio Infotech 530839 | Software Products | ₹ 9.81 Cr. | +228.6% | — | 14 | −23.6% | |
| Hindustan Bio Sciences 532041 | Software Products | ₹ 7.07 Cr. | −100% | Loss | 62.2 | −0.4% | |
| Nihar Info Global 531083 | Software Products | ₹ 4.79 Cr. | +68.7% | −100% | 6.9 | −18.2% | |
| Seshachal Technologies 531794 | Software Products | ₹ 4.45 Cr. | +73.5% | −40% | 539.8 | — | |
| Women Networks Ltd 531396 | Software Products | ₹ 3.71 Cr. | — | Loss | 85.7 | −0.2% | |
| T Spiritual World 532444 | Software Products | ₹ 3.42 Cr. | — | Loss | 5.5 | −10.2% | |
| Integrated Hitech 532303 | Software Products | ₹ 2.97 Cr. | −100% | — | 27 | −11.9% | |
| Omega Interactive Technologies 511644 | Software Products | ₹ 2.85 Cr. | +268.6% | +97.3% | 9.6 | −78% | |
| PFL Infotech 531769 | Software Products | ₹ 2.84 Cr. | — | Loss | 70.8 | −14.5% | |
| Omni AX's Software 532340 | Software Products | ₹ 2.75 Cr. | −100% | Loss | 640.5 | −7.3% | |
| Virgo Global 532354 | Software Products | ₹ 2.58 Cr. | — | Loss | 43.8 | −28.7% | |
| Fourth Generation Information Systems Ltd 532403 | Software Products | ₹ 2.28 Cr. | — | Loss | 582.5 | −1.7% | |
| Silicon Valley 531738 | Software Products | ₹ 0.39 Cr. | — | Loss | 3.2 | — | |
| Baron Infotech 532336 | Software Products | — | −100% | Loss | 0.5 | — | |
| C.E. Info Systems Ltd MAPMYINDIA | Software Products | — | +14.8% | +8.7% | 32.6 | −28.5% |
Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.