3 Cloud and Applications IT Firm, Technology Consulting Major and Visa Services Provider Stocks With a Strong Future Roadmap: Mphasis, LTM and BLS International Services
- November 4, 2026
- Posted by: Chaitanya Auti
- Category: Best Stocks
Mphasis, LTM and BLS International Services: ROE of 17.3% to 27.9% and FY22 to FY26 revenue CAGR of 7.5% to 37.5%. Prices as of 3 Nov 2026.
Quick Answer
The three IT services, consulting and visa service stocks to watch are Mphasis, LTM and BLS International Services. Their return on equity ranges from 17.3% to 27.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 7.5% to 37.5%. BLS International Services leads on both return on equity at 27.9% and revenue growth at 37.5% a year. Prices are based on the 3 November 2026 close, and this article is educational, not investment advice.
IT services, consulting and visa service stocks bring together companies with a visible plan for the years ahead. Mphasis, LTM and BLS International Services cover an IT services firm, a technology consulting company and a visa services provider.
This list covers three IT services, consulting and visa service stocks with complete current figures: Mphasis, LTM and BLS International Services. Every figure comes from the latest reported financials and the 3 November 2026 market close. Companies without complete current figures were left out.
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What Are IT Services, Consulting and Visa Service Stocks?
IT services, consulting and visa service stocks are listed companies that provide applications, cloud and data services, deliver technology consulting and digital solutions, and run visa and passport outsourcing for governments. Their earnings depend on client technology budgets and travel volumes.
IT Services, Consulting and Visa Service Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Mphasis | 2,535.3 | 47,695 | 25.0 | 17.5 | 17.3 | 0.24 |
| LTM | 4,213 | 120,479 | 23.2 | 17.6 | 20.2 | 0.09 |
| BLS International Services | 215.63 | 8,908 | 12.0 | 17.6 | 27.9 | 0.17 |
On valuation, BLS International Services trades at a P/E below the industry P/E, while Mphasis and LTM trade above it, which reflects the growth the market already expects. Readers comparing IT services, consulting and visa service stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do IT Services, Consulting and Visa Service Stocks Have a Strong Roadmap in India?
IT services, consulting and visa service stocks have a strong roadmap in India because rising digital spending, cloud adoption and growing international travel keep widening the market for these services companies.
- IT services. Banks and insurers keep investing in technology.
- Consulting. Large clients seek help with digital change.
- Visa services. Travel and migration lift application volumes.
Why Mphasis Features Among These IT Services, Consulting and Visa Service Stocks
Among the IT services, consulting and visa service stocks on this list, Mphasis is a Bengaluru-based IT services company that provides applications, cloud, data and consulting services to clients in banking, insurance and technology, especially in the United States.
Revenue rose from Rs 12,122 crore in FY22 to Rs 16,206 crore in FY26, a compound annual growth rate of 7.5%. Net profit grew from Rs 1,431 crore in FY22 to Rs 1,863 crore in FY26, which works out to a compound annual growth rate of 6.8%.
In the June 2026 quarter, revenue grew 17.1% year on year to Rs 4,467 crore, while net profit rose 10.8% to Rs 490 crore. The company has a return on equity of 17.3%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 47,695 crore. The stock trades at a P/E of 25.0, above the industry P/E of 17.5.
Roadmap: The company has stressed an AI-led approach and strengthened its sales relationships with large clients. A broad client base in financial services provides recurring revenue, and its investments in cloud and data skills support growth.
What to watch: Monitor deal wins and client spending trends in banking and financial services.
Why LTM Features Among These IT Services, Consulting and Visa Service Stocks
Among the technology and visa processing shares on this list, LTM, formerly LTIMindtree, is a Mumbai-based global technology consulting and digital solutions company that serves banking, insurance, manufacturing, healthcare and other industries.
Revenue rose from Rs 26,874 crore in FY22 to Rs 43,402 crore in FY26, a compound annual growth rate of 12.7%. Net profit grew from Rs 3,950 crore in FY22 to Rs 4,983 crore in FY26, which works out to a compound annual growth rate of 6.0%.
The company has a return on equity of 20.2%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 120,479 crore. The stock trades at a P/E of 23.2, above the industry P/E of 17.6.
Roadmap: The company is focused on cloud, data and artificial intelligence projects and on winning larger transformation deals from existing clients. Its link with the Larsen and Toubro group helps it reach large enterprise customers.
What to watch: Track deal wins, client additions and utilisation levels.
Why BLS International Services Features Among These IT Services, Consulting and Visa Service Stocks
Among the three companies on this list, BLS International Services provides visa, passport and consular outsourcing services for governments and also runs digital, e-governance and banking correspondent services.
The company has a return on equity of 27.9%, a debt to equity ratio of 0.17 and a market capitalisation of Rs 8,908 crore. The stock trades at a P/E of 12.0, below the industry P/E of 17.6.
Revenue rose from Rs 865 crore in FY22 to Rs 3,093 crore in FY26, a compound annual growth rate of 37.5%. Net profit grew from Rs 111 crore in FY22 to Rs 724 crore in FY26, which works out to a compound annual growth rate of 59.7%. In the June 2026 quarter, revenue grew 24.1% year on year to Rs 913 crore, while net profit rose 11.4% to Rs 202 crore.
Roadmap: The company is adding government mandates in many countries and widening its digital and citizen services. Rising international travel supports demand for visa and consular support.
What to watch: Follow new government mandates, travel demand and progress in digital services.
Mphasis vs LTM vs BLS International Services on Key Financials
The table below sets the three IT services, consulting and visa service stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Mphasis | 12,122 | 16,206 | 7.5% | 1,863 | 11.5% |
| LTM | 26,874 | 43,402 | 12.7% | 4,983 | 11.5% |
| BLS International Services | 865 | 3,093 | 37.5% | 724 | 23.4% |
BLS International Services posts the highest return on equity in this group at 27.9%. LTM has the largest FY26 revenue at Rs 43,402 crore, and BLS International Services shows the fastest revenue growth with a 37.5% compound annual rate. A useful habit with IT services, consulting and visa service stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in IT Services, Consulting and Visa Service Stocks
Every theme carries risks that deserve a check before any decision. For these IT services, consulting and visa service stocks, the main points are: Long-term technology and visa processing shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Client spending. Technology budgets can vary with global conditions.
- Client budgets. Spending can vary with global conditions.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter IT services, consulting and visa service stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on IT Services, Consulting and Visa Service Stocks
IT services, consulting and visa service stocks suit investors who prefer to study business strength before price moves. Mphasis, LTM and BLS International Services each have a clear plan to grow. Based on the 3 November 2026 close, Mphasis trades at Rs 2,535.3, LTM at Rs 4,213 and BLS International Services at Rs 215.63.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are IT services, consulting and visa service stocks?
Ans. IT services, consulting and visa service stocks are listed companies that provide applications, cloud and data services, deliver technology consulting and digital solutions, and run visa and passport outsourcing for governments. Their earnings depend on client technology budgets and travel volumes. This list looks at three of them, Mphasis, LTM and BLS International Services, using reported FY22 to FY26 financials and the 3 November 2026 closing prices.
Which IT services, consulting and visa service stocks are covered in this list?
Ans. This list covers Mphasis, LTM and BLS International Services. Based on the 3 November 2026 close, Mphasis traded at Rs 2,535.3, LTM at Rs 4,213 and BLS International Services at Rs 215.63. Their return on equity ranges from 17.3% to 27.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 7.5% to 37.5%.
Why do IT services, consulting and visa service stocks have a strong future roadmap in India?
Ans. IT services, consulting and visa service stocks have a strong roadmap in India because rising digital spending, cloud adoption and growing international travel keep widening the market for these services companies. The main drivers are as follows. IT services. Banks and insurers keep investing in technology. Consulting. Large clients seek help with digital change. Visa services. Travel and migration lift application volumes. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Mphasis performed financially?
Ans. Revenue rose from Rs 12,122 crore in FY22 to Rs 16,206 crore in FY26, a compound annual growth rate of 7.5%. Net profit grew from Rs 1,431 crore in FY22 to Rs 1,863 crore in FY26, which works out to a compound annual growth rate of 6.8%. In the June 2026 quarter, revenue grew 17.1% year on year to Rs 4,467 crore, while net profit rose 10.8% to Rs 490 crore. The company has a return on equity of 17.3%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 47,695 crore. The stock trades at a P/E of 25.0, above the industry P/E of 17.5. Looking ahead, the company has stressed an AI-led approach and strengthened its sales relationships with large clients. A broad client base in financial services provides recurring revenue, and its investments in cloud and data skills support growth.
How has LTM performed financially?
Ans. Revenue rose from Rs 26,874 crore in FY22 to Rs 43,402 crore in FY26, a compound annual growth rate of 12.7%. Net profit grew from Rs 3,950 crore in FY22 to Rs 4,983 crore in FY26, which works out to a compound annual growth rate of 6.0%. The company has a return on equity of 20.2%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 120,479 crore. The stock trades at a P/E of 23.2, above the industry P/E of 17.6. Looking ahead, the company is focused on cloud, data and artificial intelligence projects and on winning larger transformation deals from existing clients. Its link with the Larsen and Toubro group helps it reach large enterprise customers.
How has BLS International Services performed financially?
Ans. Revenue rose from Rs 865 crore in FY22 to Rs 3,093 crore in FY26, a compound annual growth rate of 37.5%. Net profit grew from Rs 111 crore in FY22 to Rs 724 crore in FY26, which works out to a compound annual growth rate of 59.7%. In the June 2026 quarter, revenue grew 24.1% year on year to Rs 913 crore, while net profit rose 11.4% to Rs 202 crore. The company has a return on equity of 27.9%, a debt to equity ratio of 0.17 and a market capitalisation of Rs 8,908 crore. The stock trades at a P/E of 12.0, below the industry P/E of 17.6. Looking ahead, the company is adding government mandates in many countries and widening its digital and citizen services. Rising international travel supports demand for visa and consular support.
What risks should investors check before buying IT services, consulting and visa service stocks?
Ans. Investors should check a few risks before buying IT services, consulting and visa service stocks. Client spending. Technology budgets can vary with global conditions. Client budgets. Spending can vary with global conditions. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of IT services, consulting and visa service stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 3 November 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.