Selling security versus practising it: only companies with cybersecurity as a business line appear, and the quote shows which it is.
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
Tata Consultancy Serv LTComputers - Software & ConsultingGrowing₹8.33 L CrP/E 17.7 vs 19.5ROCE 53.9%
Cybersecurity is a real service line at TCS with a dedicated business head, contributing to its broader $11.5 billion new-age services portfolio and embedded across its Human+AI service autonomy model.
“US$ 11.5 billion in new-age services including Cloud, Data, Enterprise Solutions and Cyber Security”
+1 more quote from the report
“TCS has strengthened advisory and consulting capabilities across key growth areas such as cybersecurity, cloud, and enterprise platforms.”
Bharat ElectronicsAerospace & DefenseGrowing₹3.03 L CrP/E 39.8 vs 60.3ROCE 31.9%
Network & Cyber Security is operated as a dedicated Strategic Business Unit in the non-defence segment, and BEL has won awards (PSE Excellence Award, DSCI Award) for cyber security practices.
“Dedicated Strategic Business Units Homeland Security, Network & Cyber Security and Software Solutions”
LTMComputers - Software & ConsultingGrowing₹1.33 L CrP/E 28.1 vs 19.5ROCE 24.8%
Cybersecurity is offered as a dedicated service line with global Cyber Defense Resiliency Centers (CDRCs) for continuous monitoring and remediation, but is one of several service offerings rather than the main business.
“Our cybersecurity practice positions cybersecurity as a strategic enabler of innovation. With an AI-infused, resilience-first approach, the service line integrates generative AI across the security framework to deliver proactive and adaptive protection.”
+1 more quote from the report
“we blend industrial DNA with advanced technology expertise to deliver Enterprise AI, cloud-native platforms, ERP transformation, OT integration, cybersecurity, and real-time decision intelligence.”
Persistent sells cybersecurity services as a recognised business line, cited by ISG as a Leader in Cybersecurity Services & Solutions for the Midmarket in 2025.
“Named a Leader in ISG Provider Lens™ 2025 for Cybersecurity Services & Solutions (Midmarket)”
CoforgeComputers - Software & ConsultingGrowing₹63,561 CrP/E 36.8 vs 19.5ROCE 17.2%
Coforge offers Cybersecurity as one of the service lines within its Cloud & Infrastructure Management Services (CIMS) practice, alongside cloud, network and digital workplace services.
“Our service offerings span across Cloud (Public, Private, Hybrid), DevOps & Automation, Data Centre, Network, Cybersecurity, Digital Workplace Services, and IT Services and Operations Management.”
Tata CommunicationsTelecom - Cellular & Fixed line servicesGrowing₹47,111 CrP/E 37.5 vs 23.1ROCE 10.0%
Cybersecurity is a stated current business line, delivered via the Cloud and Security Fabric including SASE-aligned architectures, secure cloud networking and sovereign infrastructure.
“We lead with trust, enabling digital transformation for enterprises worldwide through core and next-generation connectivity, cloud hosting and cybersecurity solutions, collaboration and connected solutions, and media services.”
+1 more quote from the report
“Cybersecurity is embedded across our digital fabric, reflecting the growing convergence of cloud, network and endpoint environments.”
Hexaware TechnologiesComputers - Software & ConsultingGrowing₹32,429 CrP/E 25.2 vs 19.5
Hexaware offers cybersecurity (including IAM) as part of its Digital IT Operations services and made a dedicated acquisition (CyberSolve) to expand identity-security capabilities.
“CyberSolve brought more than 230 identity and access management specialists into the business at the moment identity security became a defining governance challenge in enterprise technology deployment.”
+1 more quote from the report
“The hardest ceiling for AI adoption is due to concerns about securing AI. With CyberSolve, we have deepened our expertise in security, reinforcing the governance foundations enterprises need to scale AI.”
Cybersecurity is delivered as a service line within Tata Elxsi's Systems Integration & Support (SIS) segment alongside cloud, DevOps and network operations, supporting enterprise solutions for clients.
“The SIS segment focuses on integrating specialised technology systems and digital infrastructure, delivering experience centres, simulation environments, design visualisation systems and enterprise solutions spanning cloud, DevOps, cybersecurity and network operations.”
Cybersecurity is offered as a service line within the Cloud Infrastructure & Security vertical, including the proprietary ZenSOC managed detection and response platform, but is not a standalone revenue segment.
“Cybersecurity, resilience, and compliance services, spanning AI native security, managed detection and response (ZenSOC), zero trust identity, cloud security posture management, and security for AI workloads and data”
+1 more quote from the report
“Products and Platforms Marketing and Engagement Data Engineering and Analytics Applications Services Cloud Infrastructure and Security”
Tata Teleserv(maharastra)Telecom - Cellular & Fixed line servicesGrowing₹7,429 CrP/E 8.6 vs 23.1ROCE 1.3%
TTML lists Cyber Security Solutions (Email Security, Endpoint Security, Data Loss Prevention) as one of its product suite categories, and bundles security into offerings like Secured ILL (NGFW) and Managed SASE/ZTNA, making it a real but non-core revenue line.
“Cyber Security Solutions
– Email Security
– Endpoint Security
– Data Loss Prevention”
MastekComputers - Software & ConsultingGrowing₹5,277 CrP/E 12.3 vs 19.5ROCE 15.7%
Mastek provides cybersecurity training and advisory to NHS England leadership, backed by NCSC assurance, as an active cyber-resilience service line alongside its broader UK public-sector work.
“Mastek, a trusted partner in digital engineering and cloud transformation, is proud to have been chosen by National Health Service (NHS) England to deliver vital cybersecurity training for NHS Boards and Senior Information Risk Owners (SIROs), in collaboration with Templar Executives.”
Route MobileOther Telecom ServicesGrowing₹3,159 CrP/E 7.6 vs 7.6ROCE 12.2%
Digital identity, fraud prevention and secure verification (including the 365guard operator firewall product) are a growing business line within the CPaaS platform, augmented by Telesign's authentication capabilities.
“Our Digital Identity and Security portfolio now includes fraud detection, anti-phishing capabilities, silent verification, SIM swap detection and device location verification, leveraging Konera for Network API-enriched solutions.”
Allied Digital provides cybersecurity architecture and managed security capabilities, including prevention, detection, response and compliance, as a named service line but not a standalone main business.
“With cyber threats growing in scale and sophistication, Allied Digital delivers a comprehensive and proactive security architecture. Our AIM 360° framework integrates prevention, detection, response and compliance – ensuring robust protection across enterprise environments”
+2 more quotes from the report
“Our AIM 360 cybersecurity framework combined with our expertise across cloud infrastructure, digital engineering and managed services enables customers to address increasingly complex technology requirements through a single accountable partner.”
“Allied Digital has expanded its cybersecurity portfolio beyond OT security to include comprehensive consulting, assessment, implementation and DPDP-readiness support.”
Wep SolutionsIT Enabled ServicesGrowing₹104 CrP/E 31.4 vs 19.6
Cybersecurity is a stated capability in Wepsol's FluidPro managed IT services portfolio, with explicit SOC, MDR, and compliance offerings as part of its digital workplace service stack.
“Through FluidPro, Wepsol continues to expand its managed IT capabilities across network management, endpoint management, cybersecurity, cloud support, service desk operations and infrastructure monitoring.”
How this list is built
Definition used: Sells cybersecurity software, hardware or managed security services as a business line — not merely "we invest in our own security".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.