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 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 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: 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 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: 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: 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: 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: 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.

Strong Market Position & Advantage: Red Hat is repeatedly positioned as a leader in container management and multicloud/hybrid cloud management, with OpenShift highlighted for hybrid development, tooling, and edge deployment. RHEL is also described as holding a commanding position in enterprise Linux, reinforcing defensibility in core infrastructure markets.

Strong Revenue Growth: Red Hat is described as delivering sustained double-digit revenue growth across multiple reported periods, and as a major growth contributor within IBM’s Hybrid Platform & Solutions/Software reporting. OpenShift ARR is cited as reaching the multi-billion-dollar range with growth that outpaces the broader portfolio, supporting momentum beyond core Linux.

Future-Ready Strategy: The company is portrayed as positioning for enterprise AI infrastructure and continued hybrid-cloud standardization, tying product roadmaps (OpenShift, Ansible, RHEL) to modernization and AI operationalization. Strategic emphasis on open standards, automation, security, and hybrid portability is presented as aligned with evolving enterprise demands.

Strong Market Position & Advantage: Elsevier is widely regarded as a dominant force in STM publishing with flagship journals (e.g., The Lancet, Cell) and critical platforms like ScienceDirect and Scopus. Feedback suggests this entrenched position supports stable demand and reinforces its central role in research and clinical workflows.

Profitability: The business delivers strong profits with high operating margins and contributes materially to its parent company’s earnings. Feedback suggests profitability has remained robust alongside increased article output and heavy platform usage.

Innovation-Driven Growth: The company is shifting toward higher-growth analytics and AI-enabled tools and expanding through targeted healthcare tech acquisitions. Feedback suggests rapid growth in open access output and new AI-assisted research tools positions the business well for future demand.

Strong Revenue Growth: Recent quarters show year-over-year revenue increases led by Networking, and guidance points to continued top-line expansion through FY2026. Growth was broad across regions, with product momentum particularly strong.

Strong Market Position & Advantage: Enterprise networking leadership is reinforced by Leader placements in wired/wireless LAN and SD-WAN alongside top market-share positions in Ethernet switching and enterprise WLAN. This breadth supports end-to-end standardization across campus, SD-WAN, and visibility.

Innovation-Driven Growth: AI-era networking tailwinds are evident in accelerating AI infrastructure orders and data-center build-outs where the company remains a key supplier. These dynamics are boosting demand for high-speed Ethernet, optics, and AI-ready fabrics.

Strong Market Position & Advantage: Industry coverage places Sabre firmly within the Big Three GDS oligopoly with notable strength in North America and large-scale distribution volumes across air and hotel. Network effects from broad content and agency reach reinforce its entrenched position despite intense rivalry.

Profitability: Recent results show improving operating income and adjusted EBITDA, with margin expansion alongside revenue growth and technology costs trending lower. Quarterly performance exceeded outlook, indicating operating leverage as volumes recover.

Future-Ready Strategy: Management is executing an AI-first platform rebuild, expanding NDC connectivity, and leveraging cloud modernization to adapt to shifting retail and content models. Partnerships and newer offerings (e.g., payments, lodging) are positioned to contribute incrementally to growth.

Strong Revenue Growth: Top-line performance is described as accelerating, including record annual sales and large year-over-year increases in quarterly revenue alongside upbeat forward sales growth guidance. Continued growth expectations into the next year are reinforced by projections for additional double-digit reported and organic expansion.

Strong Market Position & Advantage: Competitive positioning is framed as leadership in core niches such as enclosures/systems protection and an emerging front-runner role in data-center liquid cooling, supported by strong channel relationships and specification-driven demand. Scale in key categories and a strong North America footprint are presented as sources of resilience and revenue predictability even against larger diversified rivals.

Innovation-Driven Growth: Product innovation is highlighted through numerous new product launches and investments in liquid cooling and digital tools aimed at high-growth data-center and infrastructure applications. The emphasis on patents, new product cadence, and thermal/liquid-cooling development is positioned as a key engine behind order growth and segment outperformance.

Strong Market Position & Advantage: Market descriptions consistently place the company as a leader in legal research/workflows, corporate tax and compliance software, and as a premier global news agency. Enterprise wins and entrenched adoption among large firms and corporates reinforce durable competitive positioning.

Strong Revenue Growth: Recent results and updates indicate sustained top-line expansion, with core segments outpacing the company average. Management’s outlook points to continued solid organic growth alongside margin improvement.

Innovation-Driven Growth: Significant investment in AI and embedded tools like CoCounsel and AI‑assisted research are credited with accelerating adoption and strengthening product differentiation. Strategic acquisitions in tax automation and AI broaden the software footprint and support growth in core workflows.

Strong Market Position & Advantage: Independent trackers and filings place the company as a top‑tier competitor in bank‑grade ATMs and a global No. 2 in retail self‑checkout, with recognized leadership in ATM software. This breadth across hardware, software, and services in both Banking and Retail underpins competitive advantage.

Profitability: Recent results highlight growing adjusted EBITDA and positive EPS since the 2023 restructuring. Management targets further margin expansion and has reaffirmed guidance that emphasizes earnings growth.

Healthy Cash Flow: The company has delivered consecutive quarters of positive free cash flow, including a record first‑quarter performance in 2026. Guidance and multi‑year targets emphasize stronger cash generation versus prior years.