Formula Systems (FORTY) - Market capitalization

Market cap: ₹236.88 Billion

As of January 2026 Formula Systems has a market cap of ₹236.88 Billion. This makes Formula Systems the world's 4262th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Formula Systems from 1998 to 2026

End of year Market Cap

Year	Marketcap	Change
2026	₹236.88 B	-9.68%
2025	₹262.28 B	113.61%
2024	₹122.78 B	47.6%
2023	₹83.19 B	-7.42%
2022	₹89.85 B	-35.16%
2021	₹138.57 B	43.74%
2020	₹96.40 B	30.25%
2019	₹74.01 B	95.01%
2018	₹37.95 B	-0.54%
2017	₹38.16 B	-3.96%
2016	₹39.73 B	50.07%
2015	₹26.47 B	28.05%
2014	₹20.67 B	-10.62%
2013	₹23.13 B	100.56%
2012	₹11.53 B	8.59%
2011	₹10.62 B	-5.8%
2010	₹11.27 B	58.08%
2009	₹7.13 B	67.27%
2008	₹4.26 B	-35.05%
2007	₹6.56 B	-8.39%
2006	₹7.16 B	17.15%
2005	₹6.11 B	-37.04%
2004	₹9.71 B	15.78%
2003	₹8.39 B	114.5%
2002	₹3.91 B	-46.33%
2001	₹7.29 B	-42.83%
2000	₹12.75 B	-24.55%
1999	₹16.90 B	71.95%
1998	₹9.83 B

End of Day market cap according to different sources

On Jan 19th, 2026 the market cap of Formula Systems was reported to be:

₹236.67 Billion

by Nasdaq

₹236.88 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Sapiens SPNS	₹220.74 B	-6.82%	🇮🇱 Israel
Pegasystems PEGA	₹808.34 B	241.24%	🇺🇸 USA
IBM IBM	₹25.966 T	10,861.62%	🇺🇸 USA
Fair Isaac (FICO) FICO	₹3.418 T	1,343.22%	🇺🇸 USA
Microsoft MSFT	₹310.654 T	131,039.29%	🇺🇸 USA
Oracle ORCL	₹49.896 T	20,963.31%	🇺🇸 USA
SAP SAP	₹24.770 T	10,356.39%	🇩🇪 Germany
HP HPQ	₹1.730 T	630.46%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Formula Systems (FORTY)

Market cap: ₹236.88 Billion