Artificial Intelligence

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

TierAll tiers Core business Growing Announced Mention-onlySortBy exposure Largest first Newest evidence6 core · 83 growing · 10 announced · 64 mention

Poonawalla FincorpNon Banking Financial Company (NBFC)Announced₹39,670 CrP/E 49.0 vs 17.6

Poonawalla Fincorp operationally deploys AI/ML across its NBFC lending business with 42 AI projects fully deployed, 50+ ML models across acquisition to debt management, AI-led underwriting/collections/customer service, and a dedicated Head of AI — but AI supports lending rather than being a separate revenue line.

“AI token consumption growing more than 100x Y-o-Y, reflecting deeper integration of AI into our daily workflows and decision-making.”
Annual Report · p. 6

+1 more quote from the report

“Poonawalla Fincorp scaled multiple AI-led initiatives across underwriting, collections, compliance, HR, and finance to create an insight-driven operating model.”
Annual Report · p. 29

Manappuram FinanceNon Banking Financial Company (NBFC)Announced₹33,582 CrP/E 20.1 vs 17.6

Manappuram has stated plans to deploy AI-powered branch security systems for surveillance and risk management, but this is not yet operational and is ancillary to its gold-loan NBFC business.

“Plans to roll out AI-powered branch security systems to strengthen surveillance and risk management capabilities.”
Annual Report · p. 34

Uco BankPublic Sector BankAnnounced₹32,302 CrP/E 16.1 vs 15.1

AI is listed as one of five strategic imperatives for FY 2026-27, representing a committed investment plan with no current AI revenue or product line.

“Accelerating investment in cybersecurity, Artificial Intelligence, and data analytics to future-proof our operations”
Annual Report · p. 14

Central Depo Ser (I)Depositories Clearing Houses and Other IntermediariesAnnounced₹29,028 CrP/E 59.6ROCE 29.9%

CDSL has signed an MoU with IIM Mumbai to build ML/data-analytics based market intelligence, representing a committed partnership with no revenue yet.

“Strategic MoU signed with IIM Mumbai to advance data analytics and machine learning–based market intelligence”
Annual Report · p. 6

+1 more quote from the report

“Initiated exploration of Artificial Intelligence (AI) to improve operational efficiency and system security”
Annual Report · p. 24

The GE SHPG.LTDShippingAnnounced₹18,744 CrP/E 5.0 vs 13.1ROCE 16.7%

GE Shipping is piloting an AI-powered engine management system on one vessel for fuel efficiency, with plans to scale across the fleet pending trial results.

“The second pilot project features an AI-powered engine management system designed to maintain constant main engine shaft power and/or vessel speed to optimize fuel efficiency. Pending the successful outcome of these trials, the Company plans to scale these technologies across the fleet.”
Annual Report · p. 29

City Union BankPrivate Sector BankAnnounced₹16,087 CrP/E 23.2 vs 24.9

Bank has set up an AI Centre of Excellence with SASTRA University, Centific Global Solutions and Univerg to evaluate and deploy AI use cases, but no AI-driven products or revenue yet.

“we have created a centre of Excellence in collaboration with SASTRA University and Industry partners - Centific Global Solutions, Inc. and Univerg to provide AI support.”
Annual Report · p. 30

TridentOther Textile ProductsAnnounced₹12,475 CrP/E 42.2 vs 15.5ROCE 8.6%

Textile/paper manufacturer is integrating AI-driven projects into manufacturing operations under a 'Digital Trident' agenda, with patent activity tied to AI initiatives, but AI is not a revenue-generating business line.

“Looking ahead, AI-driven projects are being integrated into our operations as part of our broader Digital Trident agenda, building the capabilities we need to compete and grow in a technology-led world.”
Annual Report · p. 8

+1 more quote from the report

“Digital platforms support production planning, process monitoring, quality control and performance tracking across our manufacturing operations. AI/ML-enabled quality systems, advanced planning tools and real-time dashboards improve decision-making, optimise resource utilisation and support responsive manufacturing.”
Annual Report · p. 23

Prostarm Info SystemsOther Electrical EquipmentAnnounced₹823 CrP/E 17.3 vs 25.2ROCE 14.9%

Proposed amendment to the Objects Clause of the MOA adds AI/ML to the company's permitted business activities (special resolution at the AGM).

“designing, engineering, consulting, planning, supplying, sourcing, procuring, installing, commissioning, configuring, integrating, testing, operating, maintaining, repairing, upgrading, modernizing, managing and supporting hardware, software, firmware, networking, communication, cloud, data center, cybersecurity, storage, computing, surveillance, audio-visual, automation, Internet of Things (IOT), Artificial Intelligence (AI), Machine Learning (ML)”
Prostarm Info Systems Ltd - 544410 - Reg. 34 (1) Annual Report. · Aug 2026 · p. 18

Genesys Intl CorpnIT Enabled ServicesAnnounced₹751 CrP/E 27.3 vs 19.8ROCE 6.4%

Genesys operationally develops and deploys AI/ML models (road condition assessment, conversational AI for navigation, AI-driven maps and safety features) as integrated capabilities within its geo-content and connected-mobility products, though mapping remains the principal business.

“we have developed AI and ML models for detailed condition assessment of roads, enabling the automated evaluation of surface quality, defects, and maintenance prioritization.”
Annual Report · p. 2

Rose Merc.ltd.Trading & DistributorsAnnounced₹38 CrP/E 6.4 vs 13.8ROCE 20.2%

Rose Merc is engaged in advanced discussions with CATS Technology, which specialises in AI, quantum photonics, big data and surveillance intelligence, signalling a planned entry into AI/deep-tech.

“The Company is also engaged in advanced discussions with ZCLUS Ltd, an information technology firm, and CATS Technology Pvt. Ltd., which specialises in deep-tech fields including quantum photonics, artificial intelligence, big data analytics, and surveillance intelligence.”
Rose Merc Ltd - 512115 - Reg. 34 (1) Annual Report. · Aug 2026 · p. 17

How this list is built

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”.

MarketPing publishes facts, filings and measured history only — nothing on this page is investment advice, a recommendation or a rating.