3 IT Services Provider, Printed Cartons and Labels Maker and Aluminium and Copper Leader Stocks With a Strong Future Roadmap: Mphasis, TCPL Packaging and Hindalco Industries
- November 5, 2026
- Posted by: Chaitanya Auti
- Category: Best Stocks
Mphasis, TCPL Packaging and Hindalco Industries: ROE of 12.8% to 17.3% and FY22 to FY26 revenue CAGR of 7.5% to 14.0%. Prices as of 4 Nov 2026.
Quick Answer
The three IT services, carton and aluminium stocks to watch are Mphasis, TCPL Packaging and Hindalco Industries. Their return on equity ranges from 12.8% to 17.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 7.5% to 14.0%. Mphasis has the highest return on equity at 17.3%, while TCPL Packaging has the fastest revenue growth at 14.0% a year. Prices are based on the 4 November 2026 close, and this article is educational, not investment advice.
IT services, carton and aluminium stocks bring together companies with a visible plan for the years ahead. Mphasis, TCPL Packaging and Hindalco Industries cover an IT services provider, a printed cartons and labels maker and an aluminium and copper leader.
This list covers three IT services, carton and aluminium stocks with complete current figures: Mphasis, TCPL Packaging and Hindalco Industries. Every figure comes from the latest reported financials and the 4 November 2026 market close. Companies without complete current figures were left out.
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What Are IT Services, Carton and Aluminium Stocks?
IT services, carton and aluminium stocks are listed companies that provide applications, cloud and data services, make printed folding cartons, laminates and labels for consumer and pharma brands, and produce aluminium, copper and speciality alumina. Their earnings depend on client technology budgets, packaged goods volumes and metal prices.
IT Services, Carton and Aluminium Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Mphasis | 2,468.4 | 47,695 | 25.0 | 17.5 | 17.3 | 0.24 |
| TCPL Packaging | 4,525 | 3,524 | 30.5 | 21.7 | 13.6 | 0.88 |
| Hindalco Industries | 935.8 | 202,250 | 12.3 | 11.6 | 12.8 | 0.73 |
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 IT services, carton and aluminium stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain. With the Q2 FY27 results season close, investors in IT services, carton and aluminium stocks can use the coming numbers to test whether growth is holding.
Why Do IT Services, Carton and Aluminium Stocks Have a Strong Roadmap in India?
IT services, carton and aluminium stocks have a strong roadmap in India because rising cloud adoption, growing use of branded packaging and steady demand for light metals keep widening the market for these companies.
- IT services. Banking and insurance clients modernise systems.
- Packaging. Consumer brands need printed cartons.
- Aluminium and copper. Vehicles, grids and homes use more of them.
Why Mphasis Features Among These IT Services, Carton and Aluminium Stocks
Among the IT services, carton and aluminium 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.
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.
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.
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 TCPL Packaging Features Among These IT Services, Carton and Aluminium Stocks
Among the technology, packaging and metal shares on this list, TCPL Packaging makes printed folding cartons, laminates and labels for consumer goods, personal care and pharmaceutical customers. It is a supplier to many leading brands in India and overseas.
Revenue rose from Rs 1,089 crore in FY22 to Rs 1,836 crore in FY26, a compound annual growth rate of 14.0%. Net profit grew from Rs 46.9 crore in FY22 to Rs 97.8 crore in FY26, which works out to a compound annual growth rate of 20.2%.
In the June 2026 quarter, revenue grew 15.9% year on year to Rs 495 crore, while net profit rose 79.3% to Rs 40.0 crore. The company has a return on equity of 13.6%, a debt to equity ratio of 0.88 and a market capitalisation of Rs 3,524 crore. The stock trades at a P/E of 30.5, above the industry P/E of 21.7.
Roadmap: The company is investing in new plants and printing technology to serve brand owners who want quality packaging at scale. Rising packaged consumption supports steady volume growth.
What to watch: Follow capacity additions and the growth of export and pharmaceutical packaging.
Why Hindalco Industries Features Among These IT Services, Carton and Aluminium Stocks
Among the three companies on this list, Hindalco Industries is a metals leader with aluminium, copper and speciality alumina businesses, and it owns Novelis, one of the world’s largest aluminium rolling and recycling companies.
In the June 2026 quarter, revenue grew 32.5% year on year to Rs 85,882 crore, while net profit rose 75.1% to Rs 7,013 crore. Revenue rose from Rs 196,195 crore in FY22 to Rs 277,833 crore in FY26, a compound annual growth rate of 9.1%.
Net profit grew from Rs 10,097 crore in FY23 to Rs 13,391 crore in FY26, which works out to a compound annual growth rate of 9.9%. The company has a return on equity of 12.8%, a debt to equity ratio of 0.73 and a market capitalisation of Rs 202,250 crore. The stock trades at a P/E of 12.3, above the industry P/E of 11.6.
Roadmap: The company is investing in aluminium downstream products, copper and battery foil, and Novelis is expanding capacity for beverage cans and automotive aluminium. A mix of upstream and downstream operations spreads exposure across the aluminium chain.
What to watch: Monitor aluminium and copper price trends and the progress of its major capex projects.
Mphasis vs TCPL Packaging vs Hindalco Industries on Key Financials
The table below sets the three IT services, carton and aluminium 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% |
| TCPL Packaging | 1,089 | 1,836 | 14.0% | 97.8 | 5.3% |
| Hindalco Industries | 196,195 | 277,833 | 9.1% | 13,391 | 4.8% |
Mphasis posts the highest return on equity in this group at 17.3%. Hindalco Industries has the largest FY26 revenue at Rs 277,833 crore, and TCPL Packaging shows the fastest revenue growth with a 14.0% compound annual rate. A useful habit with IT services, carton and aluminium stocks is to check each new quarterly result against the capacity plans the company described earlier.
The June 2026 quarter, the latest reported, gives a fresh read on momentum:
| Company | Q1 FY26 Revenue (Rs Cr) | Q1 FY27 Revenue (Rs Cr) | Year-on-Year Growth |
|---|---|---|---|
| Mphasis | 3,813 | 4,467 | 17.1% |
| TCPL Packaging | 427 | 495 | 15.9% |
| Hindalco Industries | 64,834 | 85,882 | 32.5% |
Key Risks to Check Before Investing in IT Services, Carton and Aluminium Stocks
Every theme carries risks that deserve a check before any decision. For these IT services, carton and aluminium stocks, the main points are: Long-term technology, packaging and metal 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.
- Commodity prices. Selling prices follow global and domestic markets.
- 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, carton and aluminium stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on IT Services, Carton and Aluminium Stocks
IT services, carton and aluminium stocks suit investors who prefer to study business strength before price moves. Mphasis, TCPL Packaging and Hindalco Industries each have a clear plan to grow. Based on the 4 November 2026 close, Mphasis trades at Rs 2,468.4, TCPL Packaging at Rs 4,525 and Hindalco Industries at Rs 935.8. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these IT services, carton and aluminium stocks to a watchlist.
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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, carton and aluminium stocks?
Ans. IT services, carton and aluminium stocks are listed companies that provide applications, cloud and data services, make printed folding cartons, laminates and labels for consumer and pharma brands, and produce aluminium, copper and speciality alumina. Their earnings depend on client technology budgets, packaged goods volumes and metal prices. This list looks at three of them, Mphasis, TCPL Packaging and Hindalco Industries, using reported FY22 to FY26 financials and the 4 November 2026 closing prices.
Which IT services, carton and aluminium stocks are covered in this list?
Ans. This list covers Mphasis, TCPL Packaging and Hindalco Industries. Based on the 4 November 2026 close, Mphasis traded at Rs 2,468.4, TCPL Packaging at Rs 4,525 and Hindalco Industries at Rs 935.8. Their return on equity ranges from 12.8% to 17.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 7.5% to 14.0%.
Why do IT services, carton and aluminium stocks have a strong future roadmap in India?
Ans. IT services, carton and aluminium stocks have a strong roadmap in India because rising cloud adoption, growing use of branded packaging and steady demand for light metals keep widening the market for these companies. The main drivers are as follows. IT services. Banking and insurance clients modernise systems. Packaging. Consumer brands need printed cartons. Aluminium and copper. Vehicles, grids and homes use more of them. 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 TCPL Packaging performed financially?
Ans. Revenue rose from Rs 1,089 crore in FY22 to Rs 1,836 crore in FY26, a compound annual growth rate of 14.0%. Net profit grew from Rs 46.9 crore in FY22 to Rs 97.8 crore in FY26, which works out to a compound annual growth rate of 20.2%. In the June 2026 quarter, revenue grew 15.9% year on year to Rs 495 crore, while net profit rose 79.3% to Rs 40.0 crore. The company has a return on equity of 13.6%, a debt to equity ratio of 0.88 and a market capitalisation of Rs 3,524 crore. The stock trades at a P/E of 30.5, above the industry P/E of 21.7. Looking ahead, the company is investing in new plants and printing technology to serve brand owners who want quality packaging at scale. Rising packaged consumption supports steady volume growth.
How has Hindalco Industries performed financially?
Ans. Revenue rose from Rs 196,195 crore in FY22 to Rs 277,833 crore in FY26, a compound annual growth rate of 9.1%. Net profit grew from Rs 10,097 crore in FY23 to Rs 13,391 crore in FY26, which works out to a compound annual growth rate of 9.9%. In the June 2026 quarter, revenue grew 32.5% year on year to Rs 85,882 crore, while net profit rose 75.1% to Rs 7,013 crore. The company has a return on equity of 12.8%, a debt to equity ratio of 0.73 and a market capitalisation of Rs 202,250 crore. The stock trades at a P/E of 12.3, above the industry P/E of 11.6. Looking ahead, the company is investing in aluminium downstream products, copper and battery foil, and Novelis is expanding capacity for beverage cans and automotive aluminium. A mix of upstream and downstream operations spreads exposure across the aluminium chain.
What risks should investors check before buying IT services, carton and aluminium stocks?
Ans. Investors should check a few risks before buying IT services, carton and aluminium stocks. Client spending. Technology budgets can vary with global conditions. Commodity prices. Selling prices follow global and domestic markets. 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, carton and aluminium stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 4 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.