3 Low Code Platforms Company, Global Technology Services Leader and Visa Outsourcing Provider Stocks With a Strong Future Roadmap: Newgen Software Technologies, HCL Technologies and BLS International Services
- November 4, 2026
- Posted by: Lakshit Sharma
- Category: Best Stocks
Newgen Software Technologies, HCL Technologies and BLS International Services: ROE of 18.7% to 27.9% and FY22 to FY26 revenue CAGR of 11.0% to 37.5%. Prices as of 3 Nov 2026.
Quick Answer
The three low code, IT services and visa service stocks to watch are Newgen Software Technologies, HCL Technologies and BLS International Services. Their return on equity ranges from 18.7% to 27.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 11.0% 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.
Low code, IT services and visa service stocks offer a focused view of a sector where demand keeps widening. Newgen Software Technologies, HCL Technologies and BLS International Services cover a low code software platforms company, a global technology services leader and a visa outsourcing provider.
This list covers three low code, IT services and visa service stocks with complete current figures: Newgen Software Technologies, HCL Technologies 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 Low Code, IT Services and Visa Service Stocks?
Low code, IT services and visa service stocks are listed companies that sell low code platforms for process automation and content management, deliver software, cloud and engineering services worldwide, and handle visa, passport and consular outsourcing. Their earnings depend on licences, client budgets and cross border travel.
Low Code, IT Services and Visa Service Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Newgen Software Technologies | 443.15 | 6,835 | 21.8 | 17.5 | 18.7 | 0.02 |
| HCL Technologies | 1,439.1 | 384,255 | 21.0 | 17.6 | 24.1 | 0.08 |
| 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 Newgen Software Technologies and HCL Technologies trade above it, which reflects the growth the market already expects. Readers comparing low code, IT services 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. With the Q2 FY27 results season close, investors in low code, IT services and visa service stocks can use the coming numbers to test whether growth is holding.
Why Do Low Code, IT Services and Visa Service Stocks Have a Strong Roadmap in India?
Low code, IT services and visa service stocks have a strong roadmap in India because wider process automation, steady enterprise technology spending and growing cross border travel keep widening the market for these technology and service providers.
- Process automation. Firms digitise approvals and records.
- Enterprise budgets. Clients invest in cloud and engineering.
- Visa demand. Travel and migration lift application volumes.
Why Newgen Software Technologies Features Among These Low Code, IT Services and Visa Service Stocks
Among the low code, IT services and visa service stocks on this list, Newgen Software Technologies, based in Delhi, offers low-code platforms for content management, process automation and customer engagement to banks, insurers and governments.
In the June 2026 quarter, revenue grew 12.3% year on year to Rs 393 crore, while net profit rose 26.3% to Rs 62.8 crore. Revenue rose from Rs 809 crore in FY22 to Rs 1,641 crore in FY26, a compound annual growth rate of 19.4%.
Net profit grew from Rs 164 crore in FY22 to Rs 301 crore in FY26, which works out to a compound annual growth rate of 16.3%. The company has a return on equity of 18.7%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 6,835 crore. The stock trades at a P/E of 21.8, above the industry P/E of 17.5.
Roadmap: Digital transformation at banks and public sector organisations, plus new artificial intelligence features on its platform, widen its addressable market. A growing share of recurring licence and cloud revenue improves predictability.
What to watch: Monitor deal wins in the banking sector and the growth of recurring revenue.
Why HCL Technologies Features Among These Low Code, IT Services and Visa Service Stocks
Among the software and outsourcing shares on this list, HCL Technologies is a Noida-headquartered global technology company that provides software services, engineering and R&D services, infrastructure management and its own software products to large enterprises.
The company has a return on equity of 24.1%, a debt to equity ratio of 0.08 and a market capitalisation of Rs 384,255 crore. The stock trades at a P/E of 21.0, above the industry P/E of 17.6.
Revenue rose from Rs 86,718 crore in FY22 to Rs 131,674 crore in FY26, a compound annual growth rate of 11.0%. Net profit grew from Rs 13,523 crore in FY22 to Rs 16,652 crore in FY26, which works out to a compound annual growth rate of 5.3%.
Roadmap: The company is building its business around cloud, data and artificial intelligence services and large multi-year deals with global clients. Its engineering services and software product lines add recurring revenue alongside core IT services.
What to watch: Monitor large deal wins, demand for artificial intelligence services and currency movements.
Why BLS International Services Features Among These Low Code, IT Services 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.
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.
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.
Newgen Software Technologies vs HCL Technologies vs BLS International Services on Key Financials
The table below sets the three low code, IT services 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 |
|---|---|---|---|---|---|
| Newgen Software Technologies | 809 | 1,641 | 19.4% | 301 | 18.3% |
| HCL Technologies | 86,718 | 131,674 | 11.0% | 16,652 | 12.6% |
| 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%. HCL Technologies has the largest FY26 revenue at Rs 131,674 crore, and BLS International Services shows the fastest revenue growth with a 37.5% compound annual rate. A useful habit with low code, IT services 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 Low Code, IT Services and Visa Service Stocks
Every theme carries risks that deserve a check before any decision. For these low code, IT services and visa service stocks, the main points are: Long-term software and outsourcing 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 low code, IT services and visa service stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Low Code, IT Services and Visa Service Stocks
Low code, IT services and visa service stocks reward patient research into demand, execution and financial strength. Newgen Software Technologies, HCL Technologies and BLS International Services each have a clear plan to grow. Based on the 3 November 2026 close, Newgen Software Technologies trades at Rs 443.15, HCL Technologies at Rs 1,439.1 and BLS International Services at Rs 215.63. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these low code, IT services and visa service 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 low code, IT services and visa service stocks?
Ans. Low code, IT services and visa service stocks are listed companies that sell low code platforms for process automation and content management, deliver software, cloud and engineering services worldwide, and handle visa, passport and consular outsourcing. Their earnings depend on licences, client budgets and cross border travel. This list looks at three of them, Newgen Software Technologies, HCL Technologies and BLS International Services, using reported FY22 to FY26 financials and the 3 November 2026 closing prices.
Which low code, IT services and visa service stocks are covered in this list?
Ans. This list covers Newgen Software Technologies, HCL Technologies and BLS International Services. Based on the 3 November 2026 close, Newgen Software Technologies traded at Rs 443.15, HCL Technologies at Rs 1,439.1 and BLS International Services at Rs 215.63. Their return on equity ranges from 18.7% to 27.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 11.0% to 37.5%.
Why do low code, IT services and visa service stocks have a strong future roadmap in India?
Ans. Low code, IT services and visa service stocks have a strong roadmap in India because wider process automation, steady enterprise technology spending and growing cross border travel keep widening the market for these technology and service providers. The main drivers are as follows. Process automation. Firms digitise approvals and records. Enterprise budgets. Clients invest in cloud and engineering. Visa demand. 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 Newgen Software Technologies performed financially?
Ans. Revenue rose from Rs 809 crore in FY22 to Rs 1,641 crore in FY26, a compound annual growth rate of 19.4%. Net profit grew from Rs 164 crore in FY22 to Rs 301 crore in FY26, which works out to a compound annual growth rate of 16.3%. In the June 2026 quarter, revenue grew 12.3% year on year to Rs 393 crore, while net profit rose 26.3% to Rs 62.8 crore. The company has a return on equity of 18.7%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 6,835 crore. The stock trades at a P/E of 21.8, above the industry P/E of 17.5. Looking ahead, digital transformation at banks and public sector organisations, plus new artificial intelligence features on its platform, widen its addressable market. A growing share of recurring licence and cloud revenue improves predictability.
How has HCL Technologies performed financially?
Ans. Revenue rose from Rs 86,718 crore in FY22 to Rs 131,674 crore in FY26, a compound annual growth rate of 11.0%. Net profit grew from Rs 13,523 crore in FY22 to Rs 16,652 crore in FY26, which works out to a compound annual growth rate of 5.3%. The company has a return on equity of 24.1%, a debt to equity ratio of 0.08 and a market capitalisation of Rs 384,255 crore. The stock trades at a P/E of 21.0, above the industry P/E of 17.6. Looking ahead, the company is building its business around cloud, data and artificial intelligence services and large multi-year deals with global clients. Its engineering services and software product lines add recurring revenue alongside core IT services.
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 low code, IT services and visa service stocks?
Ans. Investors should check a few risks before buying low code, IT services and visa service 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 low code, IT services 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.