Best Software - Application Stocks in India for 2026
Top-ranked Software - Application stocks in India. Vertical SaaS, productivity suites, and enterprise platforms are capital-light and subscription-driven, so Quality carries the most weight in the ranking.
Application Software includes vertical SaaS, horizontal productivity suites, and enterprise platforms. Composite scoring weights the Quality pillar heavily (gross margin, ROIC, free-cash-flow conversion) since the cohort is capital-light and subscription-driven. Valuation pillar uses EV/Sales and rule-of-40 alongside P/E for the still-investing names.
Data as of (updated daily)
Top 20 Software - Application stocks in India by composite score
| # | Ticker | Name | Composite |
|---|---|---|---|
| 1 | IRIS.NSE | Iris Business Services Limited | 69.8 |
| 2 | KERNEX.NSE | Kernex Microsystems (India) Limited | 60.8 |
| 3 | TANLA.NSE | Tanla Platforms Limited | 59.2 |
| 4 | CALSOFT.NSE | California Software Company Limited | 59.0 |
| 5 | EMUDHRA.NSE | eMudhra Limited | 57.9 |
| 6 | RATEGAIN.NSE | Rategain Travel Technologies Limited | 57.6 |
| 7 | KSOLVES.NSE | Ksolves India Limited | 57.3 |
| 8 | INFOBEAN.NSE | InfoBeans Technologies Limited | 57.1 |
| 9 | KFINTECH.NSE | Kfin Technologies Limited | 56.5 |
| 10 | KELLTONTEC.NSE | Kellton Tech Solutions Limited | 55.7 |
| 11 | NUCLEUS.NSE | Nucleus Software Exports Limited | 55.5 |
| 12 | EXCELSOFT.NSE | Excelsoft Technologies Ltd | 53.9 |
| 13 | INNOVANA.NSE | INNOVANA | 53.5 |
| 14 | CURAA.NSE | CURAA | 53.4 |
| 15 | XTGLOBAL.NSE | XTGlobal Infotech Limited | 52.3 |
| 16 | INTELLECT.NSE | Intellect Design Arena Limited | 51.6 |
| 17 | UNIECOM.NSE | UNICOMMERCE ESOLUTIONS LIMITED | 50.5 |
| 18 | SOFTTECH.NSE | Softtech Engineers Limited | 49.5 |
| 19 | IZMO.NSE | IZMO Limited | 49.2 |
| 20 | NPST.NSE | NPST | 48.8 |
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Methodology: How we score stocks. Data refreshed nightly around 03:30 ET. This page lists the top 20 by composite score within the Software - Application industry, India. Use the screener for the full ranked list.