Data Centers & Cloud

The distinction this list exists for: operating data-center capacity is exposure; using cloud services is not. The tiers and quotes keep the two apart.

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
Duke OffshoreOil Equipment & ServicesMention-only₹93 CrROCE -14.8%

Data centre ownership/operation is being added as authorised ancillary MOA objects; no current data-centre revenue or operations are evidenced.

“to establish, acquire, develop, construct, own, lease, operate, maintain and manage data centres, hyperscale data centres, colocation data centres, enterprise data centres, edge data centres, modular data centres, micro data centres, AI data centres, GPU data centres, high-performance computing centres”

Duke Offshore Ltd - 531471 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 23
SGL ResourcesIT Enabled ServicesMention-only₹55 CrROCE 0.4%

Cloud solutions appear only as an aspirational item in the newly widened Objects Clause; the company is not described as building, owning or operating data centers or cloud infrastructure today.

“The revised Objects Clause encompasses activities relating to Information Technology, Geomatics, GIS, data and analytics, artificial intelligence, automation, digital media and marketing, cloud solutions, business solutions, payment systems and other allied technology-enabled services.”

SGL Resources Ltd - 526544 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 30
Takyon NetworksIT Enabled ServicesMention-only₹24 CrP/E 6.5 vs 18.9ROCE 7.8%

Data centre solutions and cloud/managed services are listed as principal offerings, but the company is positioned as an IT infrastructure solutions integrator partnering with OEMs rather than building or operating its own data centres.

“Its principal offerings include IT networking solutions, data centre solutions, IT security and surveillance, cloud and managed services, as well as maintenance and technical support services under formal contracts.”

Takyon Networks Ltd - 544471 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 23
Ontic FinserveOther Financial ServicesMention-only₹12 CrROCE 19.4%

Objects clause lists data centre management and networking/managed services among permitted IT services; no operational evidence provided.

“networking and network management, data centre management and in providing consultancy services in all above mentioned areas”

Ontic Finserve Ltd - 540386 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 33
IDream Film Infrastructure ComComputers - Software & ConsultingMention-only₹7 CrROCE 3.7%

A proposed (not yet approved) amendment to the Memorandum of Association would add data centres among a long list of potential new business areas; no current operations or revenue.

“To carry on the business of research, innovation, development, design, engineering, manufacture, assembly, integration, testing, installation, commissioning, operation, maintenance, commercialisation and deployment of information technology, software, hardware, electronics, telecommunications, artificial intelligence, machine learning, cybersecurity, cloud computing, data centres, Internet of Things, robotics, automation, digital platforms”

IDream Film Infrastructure Company Ltd - 504375 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 23
SGN TelecomsOther Electrical EquipmentMention-only₹5 CrROCE -7.4%

Data centres are referenced only as an industry driver for optical fibre demand in the MD&A; SGN does not build, own or operate data centres and had no sales in the reporting year.

“the industry will be increasingly defined by Artificial Intelligence (AI) driven networks automation and expansion of AI Data Centres alongside transport infrastructure to support cloud and edge workloads.”

SGN Telecoms Ltd - 531812 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 22
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How this list is built

Definition used: Builds, owns or operates data centers, or provides cloud/hosting infrastructure at scale. A company merely USING cloud services 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.