ITC Infotech: The Hidden Gem of IT Services

ITC Infotech, a mid-tier IT and engineering service provider, is often overlooked due to its lack of public listing. This secrecy, however, belies its extraordinary performance. In FY 21, despite the challenging economic climate, ITC Infotech achieved a remarkable 9.1% YoY growth and a 25.2% EBITDA. Such figures are rare in the Indian IT industry, with only three companies meeting these benchmarks. This exceptional performance, sustained over two years, is a testament to its strategic leadership and focused business model. If publicly listed, ITC Infotech's stock would likely be highly valued.