Companies whose own annual reports evidence AI exposure — building or selling AI products, not merely mentioning the trend. The tier says how real it is; the quote under each row is the proof.
Core — the theme IS a principal business todayGrowing — real operations, not yet the main businessAnnounced — committed plans or orders, little revenue yetMention-only — appears only as outlook language
The bank has operationally deployed AI (voice assistants for collections/engagement, AI-driven Branch Report Cards, conversational AI and intelligent document verification pilots) to support core banking functions, though banking remains its principal business.
“During FY2025–26, we accelerated the adoption of Artificial Intelligence across both customer and employee journeys. AI-powered voice assistants now support collections, customer engagement and cross-sell opportunities, while internally our AI-driven Branch Report Cards provide managers with timely performance insights, helping drive faster and better-informed decision-making.”
MAS Financial ServNon Banking Financial Company (NBFC)Growing₹4,808 CrP/E 12.2 vs 18.9
MAS has operationally deployed an AI-driven Video PD platform and is integrating AI into its credit decisioning framework, though AI is used to support its NBFC lending business rather than being sold as a product or service.
“During the year, we strengthened our digital verification capabilities through the roll-out of our AI-driven Video PD (Personal Discussion) platform, which transforms the traditional in-person discussion into a secure, remote, and fully digital experience.”
PuravankaraResidential Commercial ProjectsGrowing₹4,807 CrP/E 30.0 vs 20.8ROCE 3.7%
Real estate developer has deployed its first live AI tool (Raisin AI) for sales lead insights and call analytics, with further adoption planned in FY27.
“Deployed Raisin AI, the Company's first live AI use-case, providing lead-level insights and embedded call analytics to strengthen sales decision-making.”
+1 more quote from the report
“and piloted its first AI use case, Raisin AI, for lead-level analytics and call intelligence”
C.E. Info SystemsSoftware ProductsGrowing₹4,785 CrP/E 34.8 vs 19.6ROCE 21.3%
AI/ML-powered mapping solutions are part of the company's product offerings, and its 40.17% associate Kogo Tech Labs operates a Sovereign Agentic AI OS for enterprise/B2B customers (TechM, Accenture, Bank of Baroda, Indian Army).
“The Company offers proprietary Digital Maps as a Service (MaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), along with advanced APIs, navigation systems, geospatial analytics, AI/ML-powered mapping solutions, and IoT platforms.”
MPSPrinting & PublicationGrowing₹4,406 CrP/E 23.2 vs 7.4ROCE 33.1%
MPS describes itself as an AI-first knowledge company where AI is the core engine across content engineering, platform technology, and customer workflows, supported by 200+ AI engineers and applied to over 1 million manuscripts.
“AI serves as the power to the engine and not as a feature bolted onto finished products. As an AI-first knowledge company, intelligence runs through everything we build: how content is engineered, how platforms are run, and how knowledge is checked and delivered.”
Wakefit InnovationsFurniture Home FurnishingGrowing₹4,307 CrP/E 24.0 vs 34.7ROCE 6.8%
Wakefit sells AI-powered sleep solutions, including the 'Zense' range (Track8 contactless sleep tracker and Regul8 temperature-regulating mattress controller), as a sub-line within its mattress portfolio.
“We also offer sleep solutions that incorporate advanced AI solutions to regulate temperature, analyse sleep patterns, and provide personalised insights.”
The company currently deploys an AI-enabled security platform using SIEM, SOAR, UEBA, threat intelligence and machine learning for internal cybersecurity operations.
“AI-enabled Gurucul SIEM, SOAR, UEBA, and Threat Intelligence enabled 63moons Technologies Ltd. to strengthen cyber resilience, improve threat detection accuracy, automate security operations, and reduce overall cyber risk while supporting business continuity and regulatory compliance.”
+1 more quote from the report
“progressively integrating Artificial Intelligence, Machine Learning, and Blockchain technologies.”
CMS Info SystemsDiversified Commercial ServicesGrowing₹3,436 CrP/E 12.0 vs 13.6ROCE 15.4%
HAWKAI Vision AI platform is a real product with 36% BFSI market share monitoring 50,000+ sites, contributing to the Technology & Payment Solutions segment (16% of FY26 services revenue).
“HAWKAI™, our Vision AI remote monitoring solution that integrates IoT sensors, machine learning, and robotic process automation to transform traditional CCTV infrastructure into an intelligent surveillance and business insights engine.”
+2 more quotes from the report
“adding artificial intelligence and the Internet of Things to transform conventional cameras into intelligent sensors”
“It also monitors over 50,000 sites in real time through its HAWKAITM Vision AI platform and powers the ATM software on approximately 65,000 machines through its ALGO MVS platform.”
Jaykay EnterprisesAerospace & DefenseGrowing₹3,127 CrP/E 15.3 vs 73.9ROCE 29.1%
AI is operationally deployed via the JIVA orchestration platform (plus GenAI/Agentic AI offerings) as one of three core segments, but chairman narrative emphasises defence/aerospace and additive manufacturing as the primary growth bets.
“During FY 2025-26, the Company successfully deployed JIVA, its AI orchestration platform, for large enterprise customers across the United States and Europe, delivering strong business outcomes and gaining encouraging customer traction across multiple use cases.”
+1 more quote from the report
“Engaged in the business of Information Technology (IT) services, Artificial Intelligence/ Machine Learning, Data Transformation, Cloud Engineering, Enterprise Solutions, Education and Training (IT/Non-IT, Industry Induction and Mobile Solutions)”
Easy Trip PlannersTour Travel Related ServicesGrowing₹2,307 CrP/E 22.3 vs 25.8ROCE -5.4%
The company has developed and deployed an AI-powered virtual travel assistant (EVA) and integrated with ChatGPT apps, representing real AI product deployment within its travel platform, though not a standalone revenue line.
“Its AI-powered virtual travel assistant, EVA, along with its initiatives around conversational AI and emerging digital platforms with ChatGPT marketplace integration.”
Awfis Space SolutionsDiversified Commercial ServicesGrowing₹1,704 CrP/E 20.1 vs 13.6ROCE 3.8%
Awfis' Transform design & build vertical operationally uses AI for rendering, sketch-to-3D visualisation, and automating Revit-based layout generation in its design workflow.
“Transform by Awfis has begun embedding artificial intelligence directly into its design workflow, using it to accelerate how ideas move from concept to build space without compromising design quality.”
Hinduja Global Sols.Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)Growing₹1,671 CrROCE -0.8%
HGS operationally deploys AI/GenAI-driven solutions (e.g., AI patient engagement, integrated AI assistants) as part of its customer experience and BPO offerings, with specific measured outcomes highlighted.
“Enabling scalable, Al driven patient engagement for medical device sales”
5paisa CapitalStockbroking & AlliedGrowing₹1,582 CrP/E 25.9 vs 15.8
5paisa deploys multiple AI/ML-driven products to its customers on its broking platform, including 5paisa MCP (AI trading companion), AI Chat, IntraEdge (AI/ML stock basket recommendations), and AI-powered signature validation; AI is a significant product-layer feature but the principal business remains broking (47% of FY26 revenue).
“5paisa MCP – An AI-powered trading companion that enables conversational research and chat-based trade execution, making investing more intuitive and accessible.”
+1 more quote from the report
“We continued to leverage AI for enhancing customer experiences, launching 5paisa MCP along with AI-powered live news and developer API assistance.”
Allcargo LogisticsLogistics Solution ProviderGrowing₹1,508 CrP/E 143.6 vs 15.7ROCE 0.2%
Allcargo operationally deploys AI/ML across its logistics network via named products including Prompt AI®, HubEye, AIM and an AI-driven Control Tower with 99.9% GEMS uptime, though logistics remains its core business.
Yatra OnlineTour Travel Related ServicesGrowing₹1,496 CrP/E 48.2 vs 25.8ROCE 5.5%
Yatra operationally deploys AI across its travel platform, including the DIYA generative-AI travel assistant, GenAI-powered RECAP expense management, AI-driven servicing/chatbot and personalization, supported by a dedicated data science team.
“A team of approximately 15 data scientists supports the development of AI-led applications across Yatra.”
+1 more quote from the report
“During the year, we introduced DIYA, our Generative AI-powered travel assistant, designed to make planning more natural and personalized.”
BLS E-servicesIT Enabled ServicesGrowing₹1,418 CrP/E 24.5 vs 18.5ROCE 16.2%
BLS operationally deploys an AI-powered BLS Sewa platform and the BLS Buddy virtual assistant to support customers and agents across its 1,55,000+ touchpoint network; AI also appears as a new FY26 service category.
“Our AI-powered BLS Sewa platform and the BLS Buddy virtual assistant translate complex financial and government processes into simple, assisted interactions.”
+1 more quote from the report
“With 130+ million annual transactions generating a rich data stream, BLSe is building an AI layer that makes the network smarter with every interaction.”
K.P. EnergyPower GenerationGrowing₹1,407 CrP/E 7.7 vs 20.4ROCE 27.8%
KP Energy operationally deploys AI in its NOC to deliver predictive-maintenance O&M services across its 646+ MW renewable asset portfolio.
“supported by our AI enabled Network Operation Centre that provides round the clock monitoring, diagnostics and predictive maintenance for renewable assets.”
IzmoIT Enabled ServicesGrowing₹1,293 CrP/E 24.0 vs 18.5ROCE 11.4%
IZMO operationally deploys AI through its FrogData analytics platform and proprietary izmo.ai DEEP infrastructure, which are sold to automotive dealer networks (including via FordDirect) and used to enhance its other product lines.
“FrogData is an AI-powered analytics platform that helps automotive dealerships improve customer retention, optimize service department operations and make data-driven decisions.”
Genesys Intl CorpnIT Enabled ServicesGrowing₹1,170 CrP/E 37.6 vs 18.5ROCE 6.4%
Genesys is actively developing GeoAI-powered products and platforms as a layer on its geospatial mapping business, though its core revenue still comes from 2D/3D mapping and digital twin deployments rather than AI products themselves.
“We are developing GeoAI-powered products and platforms across urban development, infrastructure, utilities, mobility, land, and other sectors, enabling customers to better understand, predict, and act on changes in the physical world.”
+1 more quote from the report
“GeoAI, machine learning, analytics and location intelligence are being progressively embedded into these offerings to enable automated insights, monitoring, prediction and decision support.”
Orient deploys AI infrastructure and AI-led solutions as part of its services portfolio, including GPU-as-a-service with AWS under the IndiaAI mission and Securonix agentic-AI SIEM, but AI is a feature within broader digital transformation/managed services rather than a standalone revenue driver.
“Our GPU as a service collaboration with AWS India under the IndiaAI mission places Orient inside the country's AI infrastructure build out at national scale”
Laxmi DentalMedical Equipment & SuppliesGrowing₹1,058 CrP/E 34.0 vs 21.9ROCE 11.0%
Laxmi Dental has a 49% JV in IDBG AI Dent and has launched AI-powered products including iScope 360 (remote dental platform), an AI dental X-ray analysis tool, aligner monitoring tool and virtual consultation tool, though these remain in early/pilot-stage deployment and are not yet a principal revenue driver.
“During 2025-26, the Company made a strategic investment in IDBG AI Dent Global Private Limited to strengthen its capabilities in AI-enabled dentistry. Solutions include AI-powered dental solutions, a dental X-ray analysis tool, an Aligner Monitoring tool and a Virtual Consultation tool.”
Arihant has operationally deployed multiple AI-driven features on its ArihantPlus brokerage platform — an AI chatbot, AI portfolio review, AI-generated stock summaries, AI-driven news, and an MCP integration connecting trading accounts to Claude/ChatGPT/Perplexity — but its core business remains broking and wealth management, not AI.
“• AI Tool Connectivity via MCP: Rolled out MCP (Model Context Protocol) support, making ArihantPlus one of the first Indian platforms to let clients connect their trading accounts directly to AI tools like Claude and ChatGPT. This will enable conversational research and natural, chat-based trading”
Gaudium IVF operationally deploys AI-led embryology tools (SiD for sperm selection and ERICA for embryo ranking, via partnership with IVF 2.0) across its fertility clinics, though IVF services remain the core business rather than AI itself.
“In partnership with UK-headquartered IVF 2.0, we deployed SiD (Sperm Identification Device) and ERICA (Embryo Ranking Intelligent Classification Assistant) inside the IVF lab, becoming the first IVF chain in India to formally integrate AI-led embryology into routine clinical practice.”
CWDConsumer ElectronicsGrowing₹635 CrP/E 14.9 vs 31.1ROCE 13.8%
AI modules are operationally deployed within CWD's soundbox SaaS advertising platform (merchant churn, device health, predictive maintenance, anomaly detection), though AI is not a standalone revenue line.
“Beyond hardware, CWD has introduced an industry-first advertising platform on its sound box network, marking a shift toward a SaaS and recurring revenue model, supported by AI modules for merchant churn management, device stability and predictive maintenance, and anomaly detection.”
Veefin SolutionsIT Enabled ServicesGrowing₹632 CrP/E 20.5 vs 18.5ROCE 6.6%
Veefin operationally embeds AI and analytics into banking workflows for underwriting, fraud detection, collections, and operations.
“We embed Al and analytics into real workflows - strengthening decisioning across underwriting, fraud, collections and operations.”
Allied Digital has live AI deployments across managed services, digital workplaces, computer vision, automation and monitoring, but AI is part of its broader technology-services portfolio rather than its entire business.
“At Allied Digital, the company embeds AI across managed services, digital workplaces, cybersecurity operations, infrastructure management and intelligent monitoring systems to help organisations improve efficiency, accelerate decision making, improve resilience and enhance user experience.”
+1 more quote from the report
“Digital Desk represents a key pillar of our strategy. It has evolved into an enterprise service management platform that brings together operational visibility and intelligent workflow management across business functions.”
Niyogin FintechNon Banking Financial Company (NBFC)Growing₹510 Cr
Niyogin runs a 100% subsidiary 'Niyogin AI' housing the SuperScan toolkit, lending solutions, document solutions and NACH automation, with AI deployed in underwriting, collections, KYC and onboarding across its lending and payments businesses, and intent to serve external clients.
“Proprietary AI capabilities support underwriting, onboarding and process automation across the group.”
+1 more quote from the report
“The lending business is enhanced by proprietary AI capabilities through Niyogin AI, which automates KYC processes, improves underwriting, and provides process automation solutions.”
AI is one of six service categories, with deployed production systems across governance platforms (sentiment analysis, facial recognition, satellite crop analytics, fraud detection) and a proprietary CSM AI Foundry product for building AI models and copilots.
“AI & Allied Services
Design, development and lifecycle management of AI systems deployed inside live public platforms — including sentiment analysis of public feedback, satellite-based crop pattern identification and procurement fraud detection, and facial recognition for visitor verification.”
A C S TechnologiesIT Enabled ServicesGrowing₹436 CrP/E 50.9 vs 18.5ROCE 7.9%
ACS designs and delivers AI-driven surveillance/intelligence platforms, holds ISO 42001 (AI) certification, and lists AI & Analytics as one of nine business domains.
“We are systems integrators who design, build, test, and deliver — from printed circuit boards for railway safety systems to AI-driven surveillance platforms.”
CyberTech is deploying AI operationally through its GeoAI-enabled spatial intelligence services and AI-accelerated SAP migration tooling, but its core business remains geospatial/SAP/cloud engineering services.
“Our investments in GeoAI extend this engineering depth into AI-enabled spatial intelligence, helping organizations across utilities, government, public safety, healthcare, logistics and manufacturing modernize their mission-critical systems.”
+1 more quote from the report
“CyberTech’s digital transformation offerings are client-focused and comprehensive, spanning large-scale enterprise cloud DevSecOps, Managed ArcGIS Cloud Services® (MACS), geospatial application development and GeoAI, SAP® transformation, and our accelerators and Spatialitics® products.”
XTGlobal has a dedicated AI practice and is delivering current AI-led engagements across transportation, public sector, and healthcare.
“The third focus was on AI. We formally launched our AI Practice in August 2025 and added AI-led engagements in transportation, public sector, and healthcare within the same financial year.”
HML operationally deploys AI-based pest detection, pest forecasting, harvest-time prediction, green-leaf quality image analytics, and energy-optimisation tools across its tea and rubber estates.
“A remote sensing and AI-based solution has been deployed for the early detection and control of Red Spider Mites in tea fields.”
CL Educate operationally deploys AI across its three business lines (EdTech via mySATHI adaptive learning, MarTech via agentic AI ABM, DEXIT Global digital assessments via AI-driven proctoring/item generation), making AI a cross-segment capability rather than a standalone product.
“Artificial Intelligence is no longer a corporate initiative sitting alongside our businesses. It is becoming the operating layer running through each one of them. In Digital Assessments, AI is reshaping proctoring, item generation, and adaptive testing. In MarTech, it is powering personalization, content generation, and campaign intelligence at a scale our teams could not have achieved manually.”
+1 more quote from the report
“Cutting-edge proprietary technology — a uniform, secure and scalable assessment experience powered by AI-enabled proctoring and advanced analytics.”
TCC ConceptInternet & Catalogue RetailGrowing₹215 CrP/E 3.1 vs 14.8ROCE 2.8%
TryThat.ai is an AI-powered real estate intelligence platform offering lead generation, smart CRM, AI calling and workflow automation, with B2B subscription monetization (₹50,000-₹2,00,000 per project) recently initiated.
“Launched TryThat.ai as India's first AI-driven real estate intelligence platform”
The company operationally deploys a proprietary AI-driven analytics platform for hyperspectral crop data, automating prescription map generation as a deployed product within its precision agriculture services.
“Simultaneously, we enhanced the scalability of our artificial intelligence driven analytics platform by automating prescription map generation. This has substantially increased our processing capacity while improving consistency, operational efficiency, and the ability to support larger deployments without proportional increases in operational complexity.”
Jujhar LogisticsPlastic Products - IndustrialGrowing₹192 CrP/E 13.5 vs 14.7ROCE 11.1%
The company has operationally deployed an AI-powered Control Tower (geo-fencing, radius-based trip auto-generation) across its vehicle-logistics fleet, though this supports the core logistics business rather than being a standalone AI revenue line.
“A newly adopted AI-powered Control Tower, using geo-fencing and radius-based technology, delivers real-time information on vehicle movements at loading and unloading points — automatically generating trips on arrival and confirming delivery on completion.”
DigicontentAdvertising & Media AgenciesGrowing₹138 CrP/E 112.8 vs 9.2ROCE 3.4%
DCL currently uses in-house AI teams and external Generative AI infrastructure to augment content creation.
“Company is collaborating with established institutional players to leverage enterprise-grade Generative AI infrastructure and augmenting content creation through in-house AI teams.”
+1 more quote from the report
“AWS AI Conclave
1st
WAN IFRA
Digital Media Awards 2026
South Asia”
DCMIT Enabled ServicesGrowing₹131 CrP/E 30.8 vs 18.5ROCE 7.7%
DCM Infotech, wholly-owned material subsidiary, has secured customer engagements in Agentic AI-based automation solutions across healthcare and financial services, representing a growing focus area within its IT services business (Rs. 74.09 Cr revenue).
“DCM Infotech has continued to strengthen its presence in the emerging field of Agentic AI based automation solutions and has secured multiple customer engagements across the healthcare and financial services sector across India.”
The company is building AI capabilities on top of its existing healthcare/pharma tech platforms (DocExa, MediOla, VODO), shifting from experimentation to commercial AI deployment, with a fully integrated AI platform planned for launch by end of FY 2026-27.
“Artificial Intelligence continued to remain at the centre of our technology strategy during the year. However, our focus has increasingly shifted from experimentation to practical deployment and commercial application of AI.”
Eyantra VenturesDiversified Commercial ServicesGrowing₹110 CrP/E 179.5 vs 13.6ROCE -10.8%
The company runs an AI & IT Services vertical designing, deploying and productising AI solutions (AgentIQ, VisionIQ, Pluggy, RevenueIQ) for enterprises, but Merchandising remains the largest standalone revenue contributor.
“eYantra operates an AI & IT Services business focused on artificial intelligence and digital engineering.”
Definition used: Develops, sells or operationally deploys AI/ML models, platforms or AI-driven products and services. Generic "digital transformation" or aspirational AI language does NOT qualify. Membership is extracted from each company’s newest annual report; every quote is validated against the report page before publishing, and core/growing tiers are confirmed by a second independent read (marked ). Companies whose reports our corpus hasn’t read yet simply aren’t listed — absence means unread, not “no exposure”.
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