Cash-generative, asset-light, and priced on dollar earnings reported in rupees — a straight discounted-cash-flow business.
Current price and the usual multiples, with the valuation method the engine applies to each business. Listed alphabetically by sector position, not ranked — the gap between price and modelled value is on each company's own page, where the working that produced it can be read alongside it.
| Company | Price | P/E | P/B | ROE % | Valued on |
|---|---|---|---|---|---|
| Tata Consultancy Services | ₹2,472 | 17.3 | 8.34 | — | Discounted cash flow |
| INFOSYS | ₹1,155 | 15.2 | 5.04 | — | Discounted cash flow |
| HCL Technologies | ₹1,395 | 20.7 | 5.04 | — | Discounted cash flow |
| Wipro | ₹198 | 14.9 | 2.23 | — | Discounted cash flow |
| TECH MAHINDRA | ₹1,788 | 34.4 | 5.35 | — | Discounted cash flow |
| Persistent Systems | ₹5,974 | 71.4 | 12.02 | — | Discounted cash flow |
| Coforge | ₹2,018 | 46.3 | 9.37 | — | Discounted cash flow |
| Oracle Financial Services Software | ₹10,100 | 24.7 | 11.25 | — | Discounted cash flow |
| MPHASIS | ₹2,390 | 22.8 | 4.25 | — | Discounted cash flow |
A sector is not one kind of business, and the method has to follow the economics rather than the label. Across the 9 here: