List of Gaming Companies Listed In Indian Stock Market: Picture this – It’s Friday evening. School for the year is done and summer vacation is right around the corner. You have no homework deadlines and exams are done and dusted.

You have all the time in the world and there are no bedtime curfews. It’s time to boot up the family computer and play your favorite game – Need For Speed – Most Wanted. Little did we know then that gaming would turn into a multi-billion dollar industry. 

The entire industry has come a long way from desktops and joypads to smartphones and VR gaming. This blog will take you through all the gaming companies listed in the Indian Stock Market. Before that, let’s take a quick peek at the overall gaming industry.

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Gaming Industry Overview

Gaming CompaniesFace Value ( in Rs. )EPSMarket CapitalizationROEDividend Yield
Zensar Technologies217.3₹ 5,207 Cr.16.40%2.19%
Delta Corp15.73₹ 5,414 Cr3.25%0.63%
Nazara Technologies45.33₹ 4,193 Cr.3.34%0.00%
TCS1105₹ 1,206,097 Cr.43.60%1.29%
Tech Mahindra555₹ 104,038 Cr.21.50%1.43%
Infosys553₹ 652,196 Cr.29%2.01%

In India, the gaming industry is mostly dominated by smartphones, and that is why we have overtaken the US in terms of the user base.

Combining that with our sizable population and low internet cost it is no surprise that gaming has reached this position today. In India alone, there are 502 million smartphone users, with most of them being game-compatible. 

This has also sparked a new career opportunity – Game Developers and Designers. With rising demand, must come a supply to match that demand. There are close to 1034 gaming startups in India alone. 

Now, whether or not they become unicorns – Only time will tell.

Top Gaming Companies Listed In Indian Stock Market

For now, let’s take a look at the gaming companies listed in Indian Stock Market.

1. Zensar Technologies

Zensar Technologies Logo | Gaming Companies Listed In Indian Stock Market

Listed in 1999, Zensar is a software company with a diversified business. They are involved in software development, consulting, and more. The IT company is a subsidiary of the RPG Group, whose chairman is Harsh Goenka. 

Their primary business is an end to end IT development, consulting, and outsourcing. Their online game development process is based on the Agile methodology.

They also created a specific game testing center, which allows gaming companies to test out their products across different parameters – speed, security, user experience, and efficiency.

2. Delta Corp Limited

Delta Corp Limited Logo | Gaming Companies Listed In Indian Stock Market

Of all the companies in this blog, Delta Corp stands out completely and that’s not because their idea of gaming is futuristic, but in the opposite direction, sticking to conservative games like Casinos and gambling.

This makes Delta Corp one of the only gaming companies listed in Indian Stock Market involved in real-time gambling.  The company was formerly known as Arrow Webtex and it owns and operates casinos and hotels.

The company organizes gambling both offline and online. They have casinos located in Goa, Sikkim, and Nepal.

Interesting Fact – Delta owns and operates Asia’s largest offshore casino called Deltin Royale, located off the coast of Goa. 

3. Nazara Technologies

Nazara Technologies Logo

Nazara Technologies is one of the upcoming gaming companies that has a growing presence on the Android Play Store and Appstore. Their business operations are diversified across ad-tech, esports, and smartphone-based games. Their user base is not only limited to India, with a growing user base across North America and Africa as well.

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4. TCS (Tata Consultancy Services)

TCS (Tata Consultancy Services) Logo

Tata Consultancy Services is one of the largest and most profitable companies in India. In fact, it is the largest IT company in terms of market capitalization. While a majority of its revenue comes from IT services such as cloud infrastructure, cybersecurity, automation, and AI, the company also has a hand in gaming as well. 

5. Tech Mahindra

Tech Mahindra Logo

Another titan in the Tech Industry, Tech Mahindra is the IT arm of the Mahindra group. They provide consulting services and business engineering solutions, among other services.

They entered the gaming industry in 2015, and have built gaming tech and platforms, primarily focusing on PC and smartphones. These platforms can be used by game builders. 

6. Infosys

Infosys Logo | Gaming Companies Listed In Indian Stock Market

Infosys is one of the most well-known IT companies in India. They have a long history of establishing Information technology in India and have provided immense revenue to the economy through outsourcing services and business consulting.

The company is second only behind TCS in terms of market capitalization among all IT companies listed in India. 

Is Infosys a gaming company?

No, Infosys is a well-known Indian multinational company known for its consulting and IT services. They deliver a wide range of services to clients, outsourcing, including information technology, game development, and business consulting. While gaming is not their main source of business, they have experienced game developers who are working on next-gen gaming such as AR/VR and 3D gaming.

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In Closing

The Indian gaming industry is just picking up the pace, especially after it saw a surge in user base in the past two years alone, owing to the abundance of free time and better access to the internet at the peak of the Covid-19 pandemic.

The gaming companies listed in Indian Stock Market are few compared to the up-and-coming startups and companies which are working on the next generation of gaming that goes beyond conventional screens and systems. 

We hope you found this blog post interesting and informative. Happy Investing!

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