Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
SONATSOFTW.NSthis companySonata Software Limited	₹256.07	12.52×	3.05×	0.54×	9.49×	200.2%	11.6%	5.0%	4.3%	24.4%	14.4%	6.8%	0.38×	0.47×	10.5×	1.05×	3.8%	4	—	3	B+
BSOFT.NSBirlasoft Limited	₹332.30	17.94×	2.26×	1.75×	10.08×	161.5%	38.2%	14.8%	9.8%	12.6%	11.8%	5.2%	0.03×	-0.37×	40.08×	4.29×	1.9%	5	6.84	5	S-
FCSSOFT.NSFCS Software Solutions Limited	₹1.48	76.47×	0.48×	3.44×	12.21×	-34.8%	25.5%	1.7%	4.5%	0.6%	0.1%	14.6%	0×	-3.37×	0.2×	3.09×	0.0%	4	—	3	B-
HAPPSTMNDS.NSHappiest Minds Technologies Limited	₹313.20	25.57×	3.22×	2.35×	12.8×	524.1%	32.6%	13.6%	9.2%	12.6%	7.1%	4.4%	0.88×	1.22×	3.24×	1.48×	1.7%	6	2.63	4	A
HCLTECH.NSHCL Technologies Limited	₹1,407.00	21.83×	4.83×	2.79×	12.63×	60.3%	23.5%	17.2%	12.8%	22.1%	19.5%	5.4%	0.07×	-0.67×	25.77×	2.22×	4.0%	6	7.41	4	A
MASTEK.NSMastek Limited	₹1,500.00	10.29×	1.39×	1.12×	6.64×	593.7%	46.7%	13.9%	10.9%	13.5%	11.3%	12.1%	0.15×	-0.46×	16.04×	2.16×	1.8%	4	4.12	4	A+
Peer median	—	21.83×	2.26×	2.35×	12.21×	161.5%	32.6%	13.9%	9.8%	12.6%	11.3%	5.4%	0.07×	-0.46×	16.04×	2.22×	1.8%	5	5.48	4	—