Investment Overview

Capgemini Technology Services India Limited is an unlisted company operating in the Information Technology sector (IT Services). Capgemini Technology Services India Limited (formerly iGATE Global Solutions Limited) is the Indian technology and engineering services arm of Capgemini. The company’s name changed to CTSIL on 16 December 2016 following integration. CTSIL provides consulting, applications, cloud, data, cybersecurity…

Strengths

• : Strong Revenue Growth – Income surged from ₹17,648 crores (2021) to ₹27,786 crores (2024).
• : Resilient Business Model – Diversified IT services portfolio ensures stability in downturns.
• : Borrowings-Free Processes – Zero borrowings enhance financial stability and reduce risks.

Key Risks

• : Narrow Liquidity – Unlisted shares are not actively traded, making exits difficult.
• : Rising Employee Costs – Increased from ₹12,423 crores (2021) to ₹20,450 crores (2024), impacting margins.
• : Intense Competition – Faces pressure from major IT firms like TCS, Infosys, and Wipro.

Valuation View

The current unlisted market price is ₹11137.5 per share with a market capitalisation of approximately ₹66378 crore. The company is currently unlisted and investors should factor in illiquidity risk and longer holding horizons. Investors are advised to review the full financial data and consult an advisor before investing.