3 Data Analytics Operations Firm, Technology Consulting Major and Cloud Hosting and Cybersecurity Provider Stocks With a Strong Future Roadmap: eClerx Services, LTM and ESDS Software Solution
- November 2, 2026
- Posted by: Ankit Jaiswal
- Category: Best Stocks
eClerx Services, LTM and ESDS Software Solution: ROE of 20.2% to 27.6% and FY22 to FY26 revenue CAGR of 12.7% to 24.7%. Prices as of 30 Oct 2026.
Quick Answer
The three data operations, IT consulting and cloud stocks to watch are eClerx Services, LTM and ESDS Software Solution. Their return on equity ranges from 20.2% to 27.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 12.7% to 24.7%. eClerx Services has the highest return on equity at 27.6%, while ESDS Software Solution has the fastest revenue growth at 24.7% a year. Prices are based on the 30 October 2026 close, and this article is educational, not investment advice.
Data operations, IT consulting and cloud stocks offer a focused view of a sector where demand keeps widening. eClerx Services, LTM and ESDS Software Solution cover a data analytics and digital operations firm, a global technology consulting company and a cloud hosting provider.
This list covers three data operations, IT consulting and cloud stocks with complete current figures: eClerx Services, LTM and ESDS Software Solution. Every figure comes from the latest reported financials and the 30 October 2026 market close. Companies without complete current figures were left out.
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What Are Data Operations, IT Consulting and Cloud Stocks?
Data operations, IT consulting and cloud stocks are listed companies that offer data analytics and process services to financial and technology clients, deliver technology consulting and digital solutions worldwide, and run cloud, data centre and cybersecurity services. Their earnings depend on client budgets, contracts and currency moves.
Data Operations, IT Consulting and Cloud Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| eClerx Services | 1,556.7 | 18,062 | 24.8 | 17.5 | 27.6 | 0.15 |
| LTM | 4,233.5 | 120,479 | 23.2 | 17.6 | 20.2 | 0.09 |
| ESDS Software Solution | 1,160 | 15,027 | 124.3 | 17.6 | 22.1 | 0.18 |
On valuation, all three trade at a P/E above their industry P/E, which reflects the growth the market already expects from them. Readers comparing data operations, IT consulting and cloud stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Data Operations, IT Consulting and Cloud Stocks Have a Strong Roadmap in India?
Data operations, IT consulting and cloud stocks have a strong roadmap in India because wider data projects, cloud adoption and demand for local data hosting keep widening the market for these technology and service providers.
- Data projects. Clients invest in analytics and operations.
- Large programmes. Enterprises sign multi year work.
- Cloud hosting. Local data rules favour domestic centres.
Why eClerx Services Features Among These Data Operations, IT Consulting and Cloud Stocks
Among the data operations, IT consulting and cloud stocks on this list, eClerx Services, based in Mumbai, offers data analytics, digital operations and process services to financial services, retail and technology clients.
In the June 2026 quarter, revenue grew 23.8% year on year to Rs 1,170 crore, while net profit rose 16.0% to Rs 164 crore. Revenue rose from Rs 2,185 crore in FY22 to Rs 4,218 crore in FY26, a compound annual growth rate of 17.9%.
Net profit grew from Rs 418 crore in FY22 to Rs 706 crore in FY26, which works out to a compound annual growth rate of 14.0%. The company has a return on equity of 27.6%, a debt to equity ratio of 0.15 and a market capitalisation of Rs 18,062 crore. The stock trades at a P/E of 24.8, above the industry P/E of 17.5.
Roadmap: Clients are buying more data and automation work, and eClerx is adding artificial intelligence-led offerings. A balance sheet with little debt and high returns on capital gives it flexibility to invest and return cash.
What to watch: Monitor client additions and growth in digital offerings.
Why LTM Features Among These Data Operations, IT Consulting and Cloud Stocks
Among the digital service provider 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.
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.
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%.
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 ESDS Software Solution Features Among These Data Operations, IT Consulting and Cloud Stocks
Among the three companies on this list, ESDS Software Solution is a Nashik-based provider of cloud computing, data centre, managed hosting and cybersecurity services for enterprises and government clients.
Revenue rose from Rs 199 crore in FY22 to Rs 481 crore in FY26, a compound annual growth rate of 24.7%. Net profit grew from Rs 55.6 crore in FY25 to Rs 121 crore in FY26, a rise of 117.3%.
In the June 2026 quarter, revenue grew 7.5% year on year to Rs 135 crore, while net profit rose 14.0% to Rs 29.3 crore. The company has a return on equity of 22.1%, a debt to equity ratio of 0.18 and a market capitalisation of Rs 15,027 crore. The stock trades at a P/E of 124.3, above the industry P/E of 17.6.
Roadmap: The company is growing its cloud and managed services business as organisations move systems to secure domestic cloud platforms. Government and enterprise clients provide recurring contracts.
What to watch: Track cloud revenue growth, data centre capacity and new client wins.
eClerx Services vs LTM vs ESDS Software Solution on Key Financials
The table below sets the three data operations, IT consulting and cloud 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 |
|---|---|---|---|---|---|
| eClerx Services | 2,185 | 4,218 | 17.9% | 706 | 16.7% |
| LTM | 26,874 | 43,402 | 12.7% | 4,983 | 11.5% |
| ESDS Software Solution | 199 | 481 | 24.7% | 121 | 25.1% |
eClerx Services posts the highest return on equity in this group at 27.6%. LTM has the largest FY26 revenue at Rs 43,402 crore, and ESDS Software Solution shows the fastest revenue growth with a 24.7% compound annual rate. A useful habit with data operations, IT consulting and cloud stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Data Operations, IT Consulting and Cloud Stocks
Every theme carries risks that deserve a check before any decision. For these data operations, IT consulting and cloud stocks, the main points are: Long-term digital service provider 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.
- Currency moves. Export earnings move with the rupee.
- 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 data operations, IT consulting and cloud stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Data Operations, IT Consulting and Cloud Stocks
Data operations, IT consulting and cloud stocks reward patient research into demand, execution and financial strength. eClerx Services, LTM and ESDS Software Solution each have a clear plan to grow. Based on the 30 October 2026 close, eClerx Services trades at Rs 1,556.7, LTM at Rs 4,233.5 and ESDS Software Solution at Rs 1,160.
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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 data operations, IT consulting and cloud stocks?
Ans. Data operations, IT consulting and cloud stocks are listed companies that offer data analytics and process services to financial and technology clients, deliver technology consulting and digital solutions worldwide, and run cloud, data centre and cybersecurity services. Their earnings depend on client budgets, contracts and currency moves. This list looks at three of them, eClerx Services, LTM and ESDS Software Solution, using reported FY22 to FY26 financials and the 30 October 2026 closing prices.
Which data operations, IT consulting and cloud stocks are covered in this list?
Ans. This list covers eClerx Services, LTM and ESDS Software Solution. Based on the 30 October 2026 close, eClerx Services traded at Rs 1,556.7, LTM at Rs 4,233.5 and ESDS Software Solution at Rs 1,160. Their return on equity ranges from 20.2% to 27.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 12.7% to 24.7%.
Why do data operations, IT consulting and cloud stocks have a strong future roadmap in India?
Ans. Data operations, IT consulting and cloud stocks have a strong roadmap in India because wider data projects, cloud adoption and demand for local data hosting keep widening the market for these technology and service providers. The main drivers are as follows. Data projects. Clients invest in analytics and operations. Large programmes. Enterprises sign multi year work. Cloud hosting. Local data rules favour domestic centres. Together these factors give the companies on this list a visible path for growth over the coming years.
How has eClerx Services performed financially?
Ans. Revenue rose from Rs 2,185 crore in FY22 to Rs 4,218 crore in FY26, a compound annual growth rate of 17.9%. Net profit grew from Rs 418 crore in FY22 to Rs 706 crore in FY26, which works out to a compound annual growth rate of 14.0%. In the June 2026 quarter, revenue grew 23.8% year on year to Rs 1,170 crore, while net profit rose 16.0% to Rs 164 crore. The company has a return on equity of 27.6%, a debt to equity ratio of 0.15 and a market capitalisation of Rs 18,062 crore. The stock trades at a P/E of 24.8, above the industry P/E of 17.5. Looking ahead, clients are buying more data and automation work, and eClerx is adding artificial intelligence-led offerings. A balance sheet with little debt and high returns on capital gives it flexibility to invest and return cash.
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 ESDS Software Solution performed financially?
Ans. Revenue rose from Rs 199 crore in FY22 to Rs 481 crore in FY26, a compound annual growth rate of 24.7%. Net profit grew from Rs 55.6 crore in FY25 to Rs 121 crore in FY26, a rise of 117.3%. In the June 2026 quarter, revenue grew 7.5% year on year to Rs 135 crore, while net profit rose 14.0% to Rs 29.3 crore. The company has a return on equity of 22.1%, a debt to equity ratio of 0.18 and a market capitalisation of Rs 15,027 crore. The stock trades at a P/E of 124.3, above the industry P/E of 17.6. Looking ahead, the company is growing its cloud and managed services business as organisations move systems to secure domestic cloud platforms. Government and enterprise clients provide recurring contracts.
What risks should investors check before buying data operations, IT consulting and cloud stocks?
Ans. Investors should check a few risks before buying data operations, IT consulting and cloud stocks. Client spending. Technology budgets can vary with global conditions. Currency moves. Export earnings move with the rupee. 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 data operations, IT consulting and cloud stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 30 October 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.
