# Cigniti Technologies share price (Cigniti Technologies Ltd, NSE: CIGNITITEC) > Cigniti Technologies share price: ₹1,260.30 at the NSE close on 14 May 2026, the latest close in our records; down 19.2% in the year to that date. Cigniti Technologies (NSE: CIGNITITEC) is worth ₹3,472 crore, trades at a P/E of 11.4 and has closed between ₹1,068.30 and ₹1,910.00 over the past 52 weeks. > Cigniti Technologies Ltd's earnings have grown faster than its share price. Earnings per share grew +20.4% in a year while the price moved −19.2%. CIGNITITEC · IT - Software · data as of 14 May 2026. Page: https://www.sectoralpha.in/stocks/cigniti-technologies-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from the last 12 quarters - Price: ₹1,260.30 (−19.2% in a year) - P/E: 11.4× (lower than 70% of the last 10 years) - Revenue (Dec 2025): ₹579 Cr (+12.2% on a year ago) - Profit (Dec 2025): ₹80.0 Cr (+25.0% on a year ago) - Operating margin: 18.0% (+2.0 points on a year ago) - ROCE: 34%, FY25 - ROIC: 28.7%, against a 12.0% cost of capital: +16.7 points The main question: yearly earnings per share moved +20.4% while the share price moved −19.2%. ## What is the Cigniti Technologies share price? Cigniti Technologies Ltd's share price was ₹1,260.30 at the close on 14 May 2026. It has been falling for 13 weeks. That is 12.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,068 and ₹1,910, and at that close it sat 23% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 17 weeks running. Over the last 10 years the share price moved +205% while the NIFTY 500 moved +261%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 16 January 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Cigniti Technologies this quarter? 1. Best operating margin in 13 quarters Operating margin was 18% in the December 2025 quarter, against 16% a year earlier. 2. Revenue up on a year earlier for 9 quarters in a row (every quarter we can compare) In the December 2025 quarter revenue was ₹579 crore, +12.2% on a year earlier. ## What are Cigniti Technologies' latest quarterly results? For October to December 2025 (the quarter ended 31 December 2025), Cigniti Technologies reported revenue of ₹579 crore, up 12.2% from ₹516 crore a year earlier, and a profit of ₹80.0 crore, up 25.0% from ₹64.0 crore. ### Cigniti Technologies results: October to December 2025 against a year earlier | Measure | October to December 2025 | October to December 2024 | Change | | --- | --- | --- | --- | | Revenue | ₹579 crore | ₹516 crore | +12.2% | | Profit | ₹80.0 crore | ₹64.0 crore | +25.0% | | Earnings per share | ₹29.20 | ₹23.30 | +25.3% | | Operating margin | 18.0% | 16.0% | +2.0 points | The next results, for January to March 2026, are due by 30 May 2026: listed companies must publish quarterly results within 60 days of the quarter's end (the January to March quarter comes with the full-year accounts). (From the company's reported quarterly results (quarter ended 31 December 2025). Revenue and profit in ₹ crore.) ## What is the Cigniti Technologies share price history? Cigniti Technologies closed at ₹1,260.30 on 14 May 2026, down 19.2% from ₹1,560.70 a year earlier (16 May 2025) and up 237.6% over five years. Its highest weekly close since March 2016 was ₹1,910.00 on 5 December 2025. ### Cigniti Technologies share price: then and now | When | Close | Change to 14 May 2026 | | --- | --- | --- | | 1 week ago · 8 May 2026 | ₹1,360.00 | −7.3% | | 1 month ago · 17 Apr 2026 | ₹1,296.30 | −2.8% | | 6 months ago · 14 Nov 2025 | ₹1,743.00 | −27.7% | | 1 year ago · 16 May 2025 | ₹1,560.70 | −19.2% | | 3 years ago · 12 May 2023 | ₹867.50 | +45.3% | | 5 years ago · 14 May 2021 | ₹373.35 | +237.6% | | 10 years ago · 13 May 2016 | ₹451.95 | +178.9% | | Earliest weekly close in our records · 11 Mar 2016 | ₹413.15 | +205.0% | | Highest weekly close since March 2016, also the 52-week high · 5 Dec 2025 | ₹1,910.00 | −34.0% | | Lowest weekly close since March 2016 · 11 Aug 2017 | ₹164.15 | +667.8% | | 52-week low (weekly close) · 20 Mar 2026 | ₹1,068.30 | +18.0% | Weekly closing prices. Each change is the move from that price to the 14 May 2026 close. A day's intraday high or low can go beyond these weekly closes. (532 weekly closes from 11 March 2016 to 14 May 2026.) ## What is the latest news on Cigniti Technologies? 14 May 2026: Cigniti Technologies closed at ₹1,260.30, down 7.3% on the week and down 2.8% on the month. Results for October to December 2025: Revenue up 12.2% and profit up 25.0% on a year earlier. ## What dividend does Cigniti Technologies pay? Cigniti Technologies paid no dividend in the 12 months to 4 November 2026. The last was an interim dividend of ₹3 a share, ex-date 16 November 2023. ### Cigniti Technologies dividends since 1 April 2021 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 16 Nov 2023 | ₹3 | Interim | | 9 Jun 2023 | ₹5.50 | Dividend + Special | | 16 Jun 2022 | ₹2.50 | Dividend | | 27 May 2021 | ₹2.50 | Dividend | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 3 of 5 Of the last 5 financial years, years with an NSE dividend record Not in its latest year. Cigniti Technologies Ltd paid out 0% of its profit as dividends in FY25. It did pay a dividend in 4 of its last 12 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.) ## Which stock lists is Cigniti Technologies on? Cigniti Technologies is on one of our India lists: IT stocks. [IT stocks Market value (₹ crore): 3472](https://www.sectoralpha.in/sectors/it-stocks-india) ## Is Cigniti Technologies profitable? Cigniti Technologies Ltd earned ₹80.0 Cr of net profit in the Dec 2025 quarter, +25.0% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY25 profit was ₹200 Cr. Over 10 years profit has grown 23.1% a year on average. That is 13.8% of the quarter's revenue. The same quarter a year earlier earned ₹64.0 Cr. For the full year, FY25 profit was ₹200 Cr (+20.5% on the year before). Why profit moved: revenue changed +12.2% on a year earlier and the margin moved +2.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +203.0% and revenue +14.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Cigniti Technologies make, and is it growing? Cigniti Technologies Ltd reported ₹579 Cr of revenue in the Dec 2025 quarter, +12.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 18.2% a year on average. The last full year, FY25, came in at ₹2,014 Cr. The last four reported quarters add to ₹2,210 Cr. FY25 revenue was ₹2,014 Cr, +11.0% on the year before. Recent pace: the last four quarters grew +14.0% on average, against 18.2% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +14.0%, against +11.3% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +96.1%, against +26.7% a year (accelerating). ## How much of every ₹100 of sales does Cigniti Technologies keep? Cigniti Technologies Ltd's operating margin was 18.0% in the Dec 2025 quarter, 2.0 percentage points higher than the same quarter a year ago. Across 12 years it has been between −3.5% and 16.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +1.5 percentage points on the year while gross margin changed +0.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Cigniti Technologies' profit turning into cash? Over the last 3 years, 84% of Cigniti Technologies Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in ₹160 Cr of operating cash against ₹200 Cr of profit. After ₹34.0 Cr of spending on assets, ₹126 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 84% of profit came in as cash: the cash cycle stayed about the same between FY20 and FY25, so the cash follows profit, not the cycle. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Cigniti Technologies' cash go? Cigniti Technologies Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 74 days in FY25, up from 69 days in FY20. It spent ₹98.0 Cr on assets over the last 3 years. At FY25 sales of ₹2,014 Cr, each day of that cycle ties up about ₹5.5 Cr, so roughly ₹408 Cr is tied up in the business at any time. Spending on assets: ₹98.0 Cr over the last 3 years, against ₹90.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY25): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Cigniti Technologies' P/E ratio, and how does it compare with its own history? Cigniti Technologies Ltd's P/E is 11.4×, near the low end of its own history: it has been lower only 30% of the time. Its usual P/E (the middle reading) is 14.9×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +20.4% while the price moved −19.2%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +27.5% a year; about +24.2% a year came from earnings growth and about +3.3 percentage points from the multiple (the market paying more); over 10 years the price moved +10.8% a year; about +18.8% a year came from earnings growth and about −8.0 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## What growth does the Cigniti Technologies share price assume? Worked out from its price on 13 June 2026, Cigniti Technologies Ltd's share price assumed profit growth of about 3.8% a year. Over the past 10 years its profit actually grew 23.1% a year. Today its P/E is 11.4×, lower than 70% of its own last 10 years. This is a one-day reading, taken on 13 June 2026. Every other number on this page, the multiple included, uses the latest price as of 14 May 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements. ## Is the Cigniti Technologies business getting better or worse? Cigniti Technologies Ltd's business is turning around. Profit growth has swung from −26.2% at its low to +96.1%, rising from a low 5 quarters ago, with ROCE rising at 40.9%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Cigniti Technologies earn on its capital? Cigniti Technologies Ltd earned a ROCE of 34% in FY25. That is up from a low of −13% in FY17. Its return on capital used (ROIC) is 16.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 9.9% net margin and 1.63× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 9.9% net margin × 1.63× asset turnover × 1.29× leverage (assets divided by equity) ≈ 20.8% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 28.7% − 12.0% = +16.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 28.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 38.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Cigniti Technologies have too much debt? Cigniti Technologies Ltd has total debt of ₹20.0 Cr against shareholder equity of ₹1,128 Cr as of Dec 2025, so its debt is 0.02× its equity, which is very little. Year by year, that ratio went from 0.12 in FY21 to 0.03 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Cigniti Technologies shareholding pattern? Promoters raised their stake in Cigniti Technologies Ltd by 21.2 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 54.0% of the company. Domestic institutions moved +11.5 points over the same period, to 11.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: +21.2 points over 8 quarters, to 54.0%; Domestic institutions: +11.5 points over 8 quarters, to 11.6%; Foreign institutions: +4.4 points over 8 quarters, to 10.4%. Why the owners changed: promoters drove it (+21.2 points), together with domestic institutions (+11.5 points). They raised their stake step by step. ## How far is Cigniti Technologies from balance-sheet trouble? For Cigniti Technologies Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Cigniti Technologies rank in its industry? 68.2 out of 100, rank 3 of 69 in IT - Software, with 55% of the evidence available. Cigniti Technologies Ltd scores 68.2 out of 100 against the 69 companies it is compared with in IT - Software, ranking 3. Some evidence is missing, so the score is pulled toward the middle on purpose. The three scored parts add up to the total exactly: 27.8 + 20.9 + 19.5 = 68.2 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Cigniti Technologies compared with? Cigniti Technologies ranks 3 of 69 IT - Software companies on the 4-Factor Sector Score, with 68.2 out of 100. 1. [Coforge Ltd](https://www.sectoralpha.in/stocks/coforge-ltd) COFORGE · leader · Most evidence points up · 100% evidence 69.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/35 · Revenue 41.5% · Profit 56.3% · Operating margin change 1 points · 100% evidence Capital efficiency 16.5/25 · ROCE 23.5% · Operating margin 20% · 100% evidence Valuation 11.3/20 · P/E 41.7× · PEG 0.57 · 100% evidence Relative strength 18.5/20 · Lead over its industry 24.5% · Lead over NIFTY 500 35.5% · 1 year 15% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.4 + 16.5 + 11.3 + 18.5 = 69.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Expleo Solutions Ltd](https://www.sectoralpha.in/stocks/expleo-solutions-ltd) EXPLEOSOL · breaking out · Most evidence points up · 81% evidence 68.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.6/35 · Revenue 10.4% · Profit 39.4% · Operating margin change 4 points · 88% evidence Capital efficiency 15.4/25 · ROCE 24.2% · Operating margin 15% · 100% evidence Valuation 18.7/20 · P/E 8.5× · PEG 0.33 · 100% evidence Relative strength 9.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.7% · 1 year -20.7% · 25% evidence · 8 of 12 weeks ahead Exact sum: 24.6 + 15.4 + 18.7 + 9.6 = 68.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. Cigniti Technologies Ltd this page CIGNITITEC · Too little evidence to rank firmly · 55% evidence 68.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.8/43.75 · Revenue 14% · Profit 96.1% · Operating margin change 2 points · 47% evidence Capital efficiency 20.9/31.25 · ROCE 34.1% · Operating margin 18% · 75% evidence Valuation 19.5/25 · P/E 11.4× · PEG 0.74 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 27.8 + 20.9 + 19.5 = 68.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Metalic Technoforge Ltd](https://www.sectoralpha.in/stocks/metalic-technoforge-ltd) META · turning · Too little evidence to rank firmly · 51% evidence 67.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.8/43.75 · Revenue 100% · Profit 100% · Operating margin change 0 points · 83% evidence Capital efficiency 20.2/31.25 · ROCE 44% · Operating margin 11% · 76% evidence Valuation 14.3/25 · P/E 6.6× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 32.8 + 20.2 + 14.3 = 67.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [Sahana Systems Ltd](https://www.sectoralpha.in/stocks/sahana-systems-ltd) SAHANA · leader · Too little evidence to rank firmly · 54% evidence 66.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.4/35 · Revenue 100% · Profit 100% · Operating margin change -3 points · 27% evidence Capital efficiency 18.4/25 · ROCE 39.8% · Operating margin 29% · 57% evidence Valuation 12.0/20 · P/E 14.5× · PEG n/a · 50% evidence Relative strength 17.2/20 · Lead over its industry 12.3% · Lead over NIFTY 500 22.7% · 1 year 5.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.4 + 18.4 + 12 + 17.2 = 66 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Silver Touch Technologies Ltd](https://www.sectoralpha.in/stocks/silver-touch-technologies-ltd) SILVERTUC · quiet · Most evidence points up · 100% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.9/35 · Revenue 21.7% · Profit 88% · Operating margin change 5 points · 100% evidence Capital efficiency 21.3/25 · ROCE 29.8% · Operating margin 21% · 100% evidence Valuation 11.2/20 · P/E 31.6× · PEG 1.11 · 100% evidence Relative strength 3.0/20 · Lead over its industry -21.7% · Lead over NIFTY 500 -13.9% · 1 year 52.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 29.9 + 21.3 + 11.2 + 3 = 65.4 · What this means: Earnings are strong; relative strength in its sector is -21.7% and the one-year return is 52.9%. 7. [NINtec Systems Ltd](https://www.sectoralpha.in/stocks/nintec-systems-ltd) NINSYS · turning · Most evidence points up · 93% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue 18.8% · Profit 23.3% · Operating margin change 2 points · 100% evidence Capital efficiency 22.4/25 · ROCE 54% · Operating margin 27% · 100% evidence Valuation 6.6/20 · P/E 48.1× · PEG 2.08 · 65% evidence Relative strength 18.2/20 · Lead over its industry 57.5% · Lead over NIFTY 500 70.4% · 1 year 113.7% · 100% evidence · 4 of 12 weeks ahead Exact sum: 18.2 + 22.4 + 6.6 + 18.2 = 65.4 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [Unified Data- Tech Solutions Ltd](https://www.sectoralpha.in/stocks/unified-data-tech-solutions-ltd) breaking out · Too little evidence to rank firmly · 56% evidence 63.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue n/a · Profit n/a · Operating margin change 2 points · 26% evidence Capital efficiency 18.4/25 · ROCE 34.1% · Operating margin 15% · 95% evidence Valuation 10.2/20 · P/E 17.3× · PEG n/a · 15% evidence Relative strength 17.8/20 · Lead over its industry 11.5% · Lead over NIFTY 500 22% · 1 year -7.6% · 100% evidence · 8 of 12 weeks ahead Exact sum: 17 + 18.4 + 10.2 + 17.8 = 63.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. [ASM Technologies Ltd](https://www.sectoralpha.in/stocks/asm-technologies-ltd) leader · Evidence leans up · 61% evidence 63.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.1/35 · Revenue 67.8% · Profit 89.5% · Operating margin change 2 points · 83% evidence Capital efficiency 16.0/25 · ROCE 27% · Operating margin 23% · 95% evidence Valuation 8.7/20 · P/E 124× · PEG n/a · 15% evidence Relative strength 12.3/20 · Lead over its industry n/a · Lead over NIFTY 500 66.2% · 1 year 78.6% · 25% evidence · 12 of 12 weeks ahead Exact sum: 26.1 + 16 + 8.7 + 12.3 = 63.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Tanla Platforms Ltd](https://www.sectoralpha.in/stocks/tanla-platforms-ltd) TANLA · turning · Evidence leans up · 85% evidence 62.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Revenue 17.7% · Profit 15.4% · Operating margin change 0 points · 100% evidence Capital efficiency 18.4/25 · ROCE 26.3% · Operating margin 16% · 100% evidence Valuation 14.0/20 · P/E 15× · PEG 1.07 · 100% evidence Relative strength 11.7/20 · Lead over its industry n/a · Lead over NIFTY 500 26.7% · 1 year 2.8% · 25% evidence · 3 of 12 weeks ahead Exact sum: 18.7 + 18.4 + 14 + 11.7 = 62.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [String Metaverse Ltd](https://www.sectoralpha.in/stocks/string-metaverse-ltd) breaking out · Evidence leans up · 83% evidence 62.5 out of 100 Growth Capital Valuation Relative 12. [Tech Mahindra Ltd](https://www.sectoralpha.in/stocks/tech-mahindra-ltd) TECHM · leader · Evidence leans up · 85% evidence 62.1 out of 100 Growth Capital Valuation Relative 13. [Infosys Ltd](https://www.sectoralpha.in/stocks/infosys-ltd) INFY · breaking out · Evidence leans up · 82% evidence 61.7 out of 100 Growth Capital Valuation Relative 14. [InfoBeans Technologies Ltd](https://www.sectoralpha.in/stocks/infobeans-technologies-ltd) INFOBEAN · quiet · Evidence leans up · 100% evidence 61.6 out of 100 Growth Capital Valuation Relative 15. [Zensar Technologies Ltd](https://www.sectoralpha.in/stocks/zensar-technologies-ltd) ZENSARTECH · turning · Evidence leans up · 100% evidence 61.6 out of 100 Growth Capital Valuation Relative 16. [Tata Consultancy Services Ltd](https://www.sectoralpha.in/stocks/tata-consultancy-services-ltd) TCS · breaking out · Evidence leans up · 100% evidence 60.9 out of 100 Growth Capital Valuation Relative 17. 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[Wipro Ltd](https://www.sectoralpha.in/stocks/wipro-ltd) WIPRO · turning · Evidence leans up · 100% evidence 55.4 out of 100 Growth Capital Valuation Relative 28. [Subex Ltd](https://www.sectoralpha.in/stocks/subex-ltd) SUBEXLTD · breaking out · Evidence leans up · 64% evidence 54.2 out of 100 Growth Capital Valuation Relative 29. [Ksolves India Ltd](https://www.sectoralpha.in/stocks/ksolves-india-ltd) KSOLVES · quiet · Evidence leans up · 100% evidence 52.8 out of 100 Growth Capital Valuation Relative 30. [Capillary Technologies India Ltd](https://www.sectoralpha.in/stocks/capillary-technologies-india-ltd) CAPILLARY · breaking out · Too little evidence to rank firmly · 59% evidence 52.6 out of 100 Growth Capital Valuation Relative 31. [LTM Ltd](https://www.sectoralpha.in/stocks/ltm-ltd) LTM · losing its lead · Evidence leans up · 100% evidence 51.2 out of 100 Growth Capital Valuation Relative 32. [TechNVision Ventures Ltd](https://www.sectoralpha.in/stocks/technvision-ventures-ltd) TECHNVISN · quiet · Evidence leans up · 64% evidence 51.2 out of 100 Growth Capital Valuation Relative 33. [Saksoft Ltd](https://www.sectoralpha.in/stocks/saksoft-ltd) SAKSOFT · basing · Evidence leans up · 96% evidence 50.9 out of 100 Growth Capital Valuation Relative 34. [BLS E-Services Ltd](https://www.sectoralpha.in/stocks/bls-e-services-ltd) BLSE · leader · Evidence leans up · 78% evidence 50.5 out of 100 Growth Capital Valuation Relative 35. [Mphasis Ltd](https://www.sectoralpha.in/stocks/mphasis-ltd) MPHASIS · breaking out · Evidence leans up · 81% evidence 50.4 out of 100 Growth Capital Valuation Relative 36. [Excelsoft Technologies Ltd](https://www.sectoralpha.in/stocks/excelsoft-technologies-ltd) EXCELSOFT · breaking out · Too little evidence to rank firmly · 59% evidence 50.3 out of 100 Growth Capital Valuation Relative 37. [Blue Cloud Softech Solutions Ltd](https://www.sectoralpha.in/stocks/blue-cloud-softech-solutions-ltd) BLUECLOUDS · turning · Evidence leans down · 64% evidence 49.9 out of 100 Growth Capital Valuation Relative 38. [ACS Technologies Ltd](https://www.sectoralpha.in/stocks/acs-technologies-ltd) ACSTECH · Evidence leans down · 74% evidence 49.5 out of 100 Growth Capital Valuation Relative 39. [Magellanic Cloud Ltd](https://www.sectoralpha.in/stocks/magellanic-cloud-ltd) MCLOUD · basing · Evidence leans down · 81% evidence 49.2 out of 100 Growth Capital Valuation Relative 40. [Dynacons Systems & Solutions Ltd](https://www.sectoralpha.in/stocks/dynacons-systems-solutions-ltd) DSSL · quiet · Evidence leans down · 96% evidence 48.6 out of 100 Growth Capital Valuation Relative 41. [IZMO Ltd](https://www.sectoralpha.in/stocks/izmo-ltd) IZMO · quiet · Evidence leans down · 81% evidence 48.0 out of 100 Growth Capital Valuation Relative 42. [Mastek Ltd](https://www.sectoralpha.in/stocks/mastek-ltd) MASTEK · quiet · Evidence leans down · 100% evidence 47.1 out of 100 Growth Capital Valuation Relative 43. [Sonata Software Ltd](https://www.sectoralpha.in/stocks/sonata-software-ltd) SONATSOFTW · quiet · Evidence leans down · 96% evidence 46.9 out of 100 Growth Capital Valuation Relative 44. [AvenuesAI Ltd](https://www.sectoralpha.in/stocks/avenuesai-ltd) CCAVENUE · quiet · Evidence leans down · 89% evidence 44.8 out of 100 Growth Capital Valuation Relative 45. [Unicommerce eSolutions Ltd](https://www.sectoralpha.in/stocks/unicommerce-esolutions-ltd) UNIECOM · turning · Evidence leans down · 78% evidence 44.6 out of 100 Growth Capital Valuation Relative 46. [Hexaware Technologies Ltd](https://www.sectoralpha.in/stocks/hexaware-technologies-ltd) HEXT · basing · Evidence leans down · 85% evidence 42.0 out of 100 Growth Capital Valuation Relative 47. [Allied Digital Services Ltd](https://www.sectoralpha.in/stocks/allied-digital-services-ltd) ADSL · basing · Evidence leans down · 74% evidence 41.1 out of 100 Growth Capital Valuation Relative 48. [Hypersoft Technologies Ltd](https://www.sectoralpha.in/stocks/hypersoft-technologies-ltd) quiet · Evidence leans down · 80% evidence 40.9 out of 100 Growth Capital Valuation Relative 49. [Kellton Tech Solutions Ltd](https://www.sectoralpha.in/stocks/kellton-tech-solutions-ltd) KELLTONTEC · quiet · Evidence leans down · 96% evidence 39.0 out of 100 Growth Capital Valuation Relative 50. [3i Infotech Ltd](https://www.sectoralpha.in/stocks/3i-infotech-ltd) 3IINFOLTD · Too little evidence to rank firmly · 58% evidence 38.9 out of 100 Growth Capital Valuation Relative 51. [Innovana Thinklabs Ltd](https://www.sectoralpha.in/stocks/innovana-thinklabs-ltd) INNOVANA · basing · Evidence leans down · 81% evidence 37.6 out of 100 Growth Capital Valuation Relative 52. [Mindteck (India) Ltd](https://www.sectoralpha.in/stocks/mindteck-indialtd) MINDTECK · Most evidence points down · 76% evidence 32.8 out of 100 Growth Capital Valuation Relative 53. [Aurionpro Solutions Ltd](https://www.sectoralpha.in/stocks/aurionpro-solutions-ltd) AURIONPRO · basing · Most evidence points down · 93% evidence 29.7 out of 100 Growth Capital Valuation Relative 54. [Moschip Technologies Ltd](https://www.sectoralpha.in/stocks/moschip-technologies-ltd) MOSCHIP · quiet · Most evidence points down · 65% evidence 26.1 out of 100 Growth Capital Valuation Relative 55. [Quick Heal Technologies Ltd](https://www.sectoralpha.in/stocks/quick-heal-technologies-ltd) QUICKHEAL · turning · Most evidence points down · 80% evidence 22.9 out of 100 Growth Capital Valuation Relative 56. Orient Technologies Ltd ORIENTTECH · quiet · Most evidence points down · 76% evidence 21.2 out of 100 Growth Capital Valuation Relative 57. [Covance Softsol Ltd](https://www.sectoralpha.in/stocks/covance-softsol-ltd) Too little evidence to rank firmly · 31% evidence 62.9 out of 100 Growth Capital Valuation Relative 58. [Exato Technologies Ltd](https://www.sectoralpha.in/stocks/exato-technologies-ltd) losing its lead · Too little evidence to rank firmly · 43% evidence 59.3 out of 100 Growth Capital Valuation Relative 59. [TAC Infosec Ltd](https://www.sectoralpha.in/stocks/tac-infosec-ltd) TAC · quiet · Too little evidence to rank firmly · 48% evidence 58.5 out of 100 Growth Capital Valuation Relative 60. [Veefin Solutions Ltd](https://www.sectoralpha.in/stocks/veefin-solutions-ltd) VEEFIN · basing · Too little evidence to rank firmly · 43% evidence 54.2 out of 100 Growth Capital Valuation Relative 61. [Kody Technolab Ltd](https://www.sectoralpha.in/stocks/kody-technolab-ltd) KODYTECH · leader · Too little evidence to rank firmly · 35% evidence 53.5 out of 100 Growth Capital Valuation Relative 62. [Optivalue Tek Consulting Ltd](https://www.sectoralpha.in/stocks/optivalue-tek-consulting-ltd) OPTIVALUE · Too little evidence to rank firmly · 32% evidence 51.4 out of 100 Growth Capital Valuation Relative 63. [Workmates Core2cloud Solution Ltd](https://www.sectoralpha.in/stocks/workmates-core2cloud-solution-ltd) Too little evidence to rank firmly · 26% evidence 50.7 out of 100 Growth Capital Valuation Relative 64. [Trident Techlabs Ltd](https://www.sectoralpha.in/stocks/trident-techlabs-ltd) TECHLABS · Too little evidence to rank firmly · 27% evidence 47.6 out of 100 Growth Capital Valuation Relative 65. [ERP Soft Systems Ltd](https://www.sectoralpha.in/stocks/erp-soft-systems-ltd) Too little evidence to rank firmly · 36% evidence 46.7 out of 100 Growth Capital Valuation Relative 66. [Sancode Technologies Ltd](https://www.sectoralpha.in/stocks/sancode-technologies-ltd) Too little evidence to rank firmly · 35% evidence 46.6 out of 100 Growth Capital Valuation Relative 67. [63 Moons Technologies Ltd](https://www.sectoralpha.in/stocks/63-moons-technologies-ltd) 63MOONS · leader · Too little evidence to rank firmly · 46% evidence 45.6 out of 100 Growth Capital Valuation Relative 68. [XT Global Infotech Ltd](https://www.sectoralpha.in/stocks/xt-global-infotech-ltd) XTGLOBAL · Too little evidence to rank firmly · 40% evidence 45.4 out of 100 Growth Capital Valuation Relative 69. [IDream Film Infrastructure Company Ltd](https://www.sectoralpha.in/stocks/idream-film-infrastructure-company-ltd) quiet · Too little evidence to rank firmly · 42% evidence 34.9 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [IT - Software](https://www.sectoralpha.in/sectors/it-software), all 69 compared on one page. ## Which companies are close to Cigniti Technologies in size? Cigniti Technologies is the 22nd largest of 68 IT - Software companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: AvenuesAI, Datamatics Global Services and Capillary Technologies India. Just below it: Aurionpro Solutions, R Systems International and Moschip Technologies. ### IT - Software companies close in size 1. [AvenuesAI Ltd](https://www.sectoralpha.in/stocks/avenuesai-ltd) ₹4,207 crore 2. [Datamatics Global Services Ltd](https://www.sectoralpha.in/stocks/datamatics-global-services-ltd) ₹4,163 crore 3. [Capillary Technologies India Ltd](https://www.sectoralpha.in/stocks/capillary-technologies-india-ltd) ₹4,000 crore 4. Cigniti Technologies Ltd ₹3,472 crore 5. [Aurionpro Solutions Ltd](https://www.sectoralpha.in/stocks/aurionpro-solutions-ltd) ₹2,986 crore 6. [R Systems International Ltd](https://www.sectoralpha.in/stocks/r-systems-international-ltd) ₹2,972 crore 7. [Moschip Technologies Ltd](https://www.sectoralpha.in/stocks/moschip-technologies-ltd) ₹2,970 crore [All 68 IT - Software companies, largest first](https://www.sectoralpha.in/sectors/it-software#all-companies) ### Companies close in size in other industries 1. [Kiri Industries Ltd](https://www.sectoralpha.in/stocks/kiri-industries-ltd) ₹3,513 crore · Dyes & Pigments 2. [GHCL Ltd](https://www.sectoralpha.in/stocks/ghcl-ltd) ₹3,475 crore · Chemicals - Inorganic - Caustic Soda/Soda Ash 3. Cigniti Technologies Ltd ₹3,472 crore 4. [Caliber Mining and Logistics Ltd](https://www.sectoralpha.in/stocks/caliber-mining-and-logistics-ltd) ₹3,459 crore · Mining/Minerals 5. [Borosil Ltd](https://www.sectoralpha.in/stocks/borosil-ltd) ₹3,425 crore · Opalware ## What else do people ask about Cigniti Technologies? ### What were Cigniti Technologies's latest quarterly results? Cigniti Technologies Ltd reported revenue of ₹579 Cr and net profit of ₹80.0 Cr for the Dec 2025 quarter. Revenue rose 12.2% and profit rose 25.0% compared with a year earlier. Earnings per share were ₹29.20. The operating margin was 18.0%, 2.0 percentage points higher than a year earlier (as of 14 May 2026). ### What is Cigniti Technologies's market cap? Cigniti Technologies Ltd's market capitalisation is ₹3,472 Cr at a share price of ₹1,260.30. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 14 May 2026). ### How is Cigniti Technologies performing? Cigniti Technologies Ltd's share price has been falling for 13 weeks. In its latest quarter, revenue rose 12.2% and profit rose 25.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 17 weeks running (as of 14 May 2026). ### Will Cigniti Technologies's share price go up? This page does not forecast Cigniti Technologies Ltd's share price. What it shows instead: the share price is ₹1,260.30, and it has been falling for 13 weeks. Its P/E of 11.4× is higher than 30% of its own last 10 years (as of 14 May 2026). ### Who owns Cigniti Technologies? Promoters own 54.0% of Cigniti Technologies Ltd, foreign institutions 10.4%, domestic institutions 11.6% and the public 24.0% (latest quarter). The biggest change over the last two years: Promoters raised their stake by 21.2 percentage points over 8 quarters (as of 14 May 2026). ### Does Cigniti Technologies have too much debt? No, Cigniti Technologies Ltd has little debt: its debt is 0.03× its equity, and its operating profit is 96 times its interest bill. FY25 borrowings were ₹28.0 Cr against equity of ₹963 Cr. So the returns on this page come from the business, not borrowed money (as of 14 May 2026). ### Where is Cigniti Technologies in its business cycle? Cigniti Technologies Ltd's FY25 operating margin was 14.0%, against a 12-year range of −3.5% to 16.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 18.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 14 May 2026). ### What could break the Cigniti Technologies story? The main question: yearly earnings per share moved +20.4% while the share price moved −19.2%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 14 May 2026). ### Is Cigniti Technologies a stock worth studying right now? What the numbers show: Cigniti Technologies Ltd's earnings have grown faster than its share price. Earnings per share grew +20.4% in a year while the price moved −19.2%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 14 May 2026). ## Lists - IT stocks: https://www.sectoralpha.in/sectors/it-stocks-india This is research, not advice. We’re not SEBI-registered.