Top IT Companies in Mumbai (324)

Strong Revenue Growth: Revenue is rising, with 2025 reaching $89.5B (highest since 2018) and Q2 2026 at $24.6B as deliveries increased versus last year. The multi‑quarter trend indicates business scale is recovering.

Healthy Cash Flow: Cash generation is improving, highlighted by Q2 2026 positive operating cash flow and $0.6B in free cash flow. This shift reflects higher deliveries and working‑capital tailwinds.

Resilient & Sustainable Growth: Backlog has reached a record ~$715B, including over 6,200 commercial airplanes, supporting multi‑year production. This depth of contracted demand underpins revenue visibility.

Strong Revenue Growth: Revenue is rising briskly, with the latest quarter up year over year and full‑year FY2026 guidance raised for both revenue and ARR. Prior billings and deferred revenue growth indicate healthy demand heading into FY2026.

Strong Market Position & Advantage: Independent analyst evaluations place the company as a leader in SSE/SASE and note frequent inclusion on enterprise shortlists. A broad global footprint and regulatory certifications bolster competitiveness in regulated and international markets.

Product Line Growth: Expansion in newer offerings—such as Data Security, AI‑focused modules, and Zero Trust Branch—shows meaningful traction. Metered, non‑seat‑based solutions accounted for a sizable share of new ACV, suggesting broader monetization beyond core seats.

Strong Revenue Growth: Revenue rose 26% year over year to $1.39B in Q1 FY2027, while ARR grew 24% to $5.51B with record net new ARR. Management also raised FY2027 revenue and ARR guidance, indicating confidence in continued double‑digit expansion.

Profitability: GAAP profitability was achieved in Q1 FY2027 (diluted EPS $0.11) alongside higher non‑GAAP earnings, reflecting operating leverage at scale. Prior periods also highlighted improving profit metrics, reinforcing an upward profitability trend.

Healthy Cash Flow: Cash generation reached record levels in Q1 FY2027 with $591M in operating cash flow and $468.5M in free cash flow. FY2026 likewise set records for operating and free cash flow, underscoring durable unit economics.

Strong Revenue Growth: Q2 2026 revenue rose 31% year over year, supported by markets, organic base-fee growth, acquisition-related and performance fees, and higher technology services revenue. Momentum followed a record 2025 with double‑digit top‑line growth.

Profitability: Operating income increased 42% in Q2 2026 (39% as adjusted) and diluted EPS rose 20% (15% as adjusted). Record AUM and broad-based inflows supported operating leverage.

Diversified Revenue Streams: Growth is described across iShares ETFs, private markets, active fixed income, and systematic equity, while technology services and subscriptions grew 13% year over year in Q2 2026. This mix complements AUM reaching a record $15.3 trillion with strong net inflows.

Strong Revenue Growth: Subscription revenue reached $3.877B in Q2 2026, growing strongly year over year, with total revenue also advancing. The company raised its full-year 2026 subscription outlook to $15.76–$15.78B and guided continued double-digit growth into Q3.

Product Line Growth: “ServiceNow AI” surpassed $1B in ACV in Q2 2026, acting as a catalyst for deal activity and upsell. Newer AI capabilities layered onto core workflows are described as adding incremental momentum.

Resilient & Sustainable Growth: Current and total RPO climbed to $13.20B and $29.0B, respectively, indicating strong contracted demand ahead. The number of customers above $5M in ACV increased meaningfully, supporting durable multi‑year expansion.

Strong Revenue Growth: Revenue is advancing at a double‑digit pace in early 2026, with successive quarters outperforming internal targets and full‑year guidance raised. Momentum is driven by U.S. Financial Services and improving International trends.

Profitability: Earnings are expanding, with adjusted EBITDA and adjusted EPS up year over year and full‑year guidance implying further gains. Absolute EBITDA improved even as the company invested and integrated recent acquisitions.

Market Expansion: Reach is widening through improved performance in Canada, the U.K., and India, alongside completed acquisitions in Mexico and a mobile division that extend capabilities. These moves contributed to stronger reported results and a higher outlook.

Strong Market Position & Advantage: Independent indices (e.g., Omdia 2025 and Counterpoint 2026) consistently place HERE at the top, highlighting strengths in AI mapping, sensor fusion, and business performance/orderbook. A steady cadence of launches and OEM deployments reinforces leadership in automotive‑grade location platforms.

Strategic Partnerships: Multi‑year alliances and expansions with AWS (10‑year, $1B), Esri (three‑year), and major OEMs such as JLR and Hyundai AutoEver, plus a Baidu Maps MoU, signal deepening commercial channels and long‑term demand. These collaborations span AI‑powered mapping, SDV tooling, and enhanced in‑vehicle experiences across regions.

Innovation-Driven Growth: AI‑powered mapping, SDV toolchains, and new offerings like GIS Data Suite and Location Reasoning indicate an active product engine aligned to growth areas. Added credentials such as AWS AI Competency and ISO/IEC 42001 for AI management support enterprise adoption.

Strong Revenue Growth: Total revenue increased 19% in FY2026 and 16% in Q1 FY2027, while ARR reached about $2.14B, up roughly 17% year over year. Net‑new ARR also accelerated, signaling strengthening demand.

Profitability: Non‑GAAP operating income was $592M in FY2026 with ~29% margin, and Q1 FY2027 reported a ~29% margin alongside robust adjusted free cash flow. Free cash flow for FY2026 was $529M, underscoring strong operating leverage.

Resilient & Sustainable Growth: Multi‑year double‑digit ARR and revenue expansion, record large deals, and 41% organic net‑new ARR growth in Q1 FY2027 point to durable demand. A subscription‑led model and fast‑growing logs consumption support ongoing platform adoption.

Strong Revenue Growth: Net sales rose 6.8% in 2025 to $22.4B and accelerated to 9.2% in Q1 2026 and 10.0% in Q2 2026, with non‑GAAP EPS also increasing. Management continues to target outgrowing the U.S. IT addressable market by 200–300 bps.

Diversified Customer Base: Growth was broad across Commercial (+9.2%), Government (+13.6%), Education (+0.7%), and international “Other” (+22.9%) in Q2 2026, with 2025 gains led by Small Business, Corporate, and UK/Canada. This breadth helps smooth spending cycles and supports share gains.

Healthy Cash Flow: Regular capital returns continued, highlighted by a $0.63 quarterly dividend declared for September 10, 2026. Operating income and non‑GAAP earnings increased, indicating ongoing cash generation to fund dividends.

Profitability: Operating profit rose steadily from 2021 through a record level in 2024, with Q4 2024 profit noted as significantly stronger than other Samsung divisions. EBITDA margins were described as holding around the low double-digits alongside improving credit metrics.

Resilient & Sustainable Growth: Revenue and profit are described as showing consistent growth through 2024 and into 2025, supported by a large automotive backlog that provides multi-year visibility. The narrative indicates no recent evidence of decline, with growth tied to automotive electronics and lifestyle audio demand.

Future-Ready Strategy: Strategic acquisitions and investments (e.g., Roon Labs, Sound United brands, and the planned ZF ADAS acquisition) broaden capabilities toward software-defined vehicles and premium audio ecosystems. Plant expansion plans and continued focus on digital cockpit, car audio, and ADAS signal positioning for longer-term demand trends.

Strong Revenue Growth: Reported results show sustained double-digit top-line growth and a return to member expansion, indicating momentum in the core subscription business.

Healthy Cash Flow: Positive free cash flow over multiple consecutive quarters suggests improving financial resilience even as growth investments continue.

Innovation-Driven Growth: Investments in AI features and new product lines (such as an AI guide and marketplace initiatives) reflect a focus on product innovation to drive engagement and revenue.