
3 Data and Analytics Services Company, Exhaust Systems Maker and Footwear Brand Company Stocks With a Strong Future Roadmap: eClerx Services, Sharda Motor Industries and Redtape
eClerx Services, Sharda Motor Industries and Redtape: ROE of 23.6% to 27.6% and FY22 to FY26 revenue CAGR of 11.1% to 70.3%. Prices as of 12 Nov 2026.
Updated: 13 Nov 2026 • 12:24 pm
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Quick Answer
The three data services, exhaust and footwear stocks to watch are eClerx Services, Sharda Motor Industries and Redtape. Their return on equity ranges from 23.6% to 27.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 11.1% to 70.3%. eClerx Services has the highest return on equity at 27.6%, while Redtape has the fastest revenue growth at 70.3% a year. Prices are based on the 12 November 2026 close, and this article is educational, not investment advice.
Data services, exhaust and footwear stocks give investors a way to track businesses that sit close to everyday demand in India. eClerx Services, Sharda Motor Industries and Redtape cover a data and analytics services company, an exhaust systems maker and a footwear brand company.
This list covers three data services, exhaust and footwear stocks with complete current figures: eClerx Services, Sharda Motor Industries and Redtape. Every figure comes from the latest reported financials and the 12 November 2026 market close. Companies without complete current figures were left out.
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What Are Data Services, Exhaust and Footwear Stocks?
Data services, exhaust and footwear stocks are listed companies that provide data, analytics and digital operations services to global clients, make exhaust systems and other components for vehicle makers, and sell branded footwear through stores and online channels. Their earnings depend on client spending, vehicle output and consumer demand.
Data Services, Exhaust and Footwear Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| eClerx Services | 1,549.4 | 18,062 | 24.8 | 17.5 | 27.6 | 0.15 |
| Sharda Motor Industries | 892.8 | 4,995 | 15.0 | 36.9 | 26.3 | 0.04 |
| Redtape | 108.56 | 6,169 | 25.0 | 63.4 | 23.6 | 0.70 |
On valuation, Sharda Motor Industries and Redtape trade at a P/E below the industry P/E, while eClerx Services trades above it, which reflects the growth the market already expects. Readers comparing data services, exhaust and footwear 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 data services, exhaust and footwear stocks can use the coming numbers to test whether growth is holding.
Why Do Data Services, Exhaust and Footwear Stocks Have a Strong Roadmap in India?
Data services, exhaust and footwear stocks have a strong roadmap in India because rising use of data driven services, steady vehicle production and growing demand for branded footwear keep widening the market for these companies.
- Data services. Global clients buy more analytics support.
- Exhaust systems. Vehicle makers need cleaner exhaust parts.
- Footwear. Shoppers prefer branded footwear.
Why eClerx Services Features Among These Data Services, Exhaust and Footwear Stocks
Among the data services, exhaust and footwear 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 Sharda Motor Industries Features Among These Data Services, Exhaust and Footwear Stocks
Among the analytics outsourcing, silencer and shoe brand shares on this list, Sharda Motor Industries makes exhaust systems and catalytic converters, with large passenger vehicle makers among its main customers.
The company has a return on equity of 26.3%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 4,995 crore. The stock trades at a P/E of 15.0, below the industry P/E of 36.9.
Revenue rose from Rs 2,285 crore in FY22 to Rs 3,483 crore in FY26, a compound annual growth rate of 11.1%. Net profit grew from Rs 149 crore in FY22 to Rs 345 crore in FY26, which works out to a compound annual growth rate of 23.3%. In the June 2026 quarter, revenue grew 33.2% year on year to Rs 1,038 crore.
Roadmap: Tighter emission norms increase the content per vehicle for exhaust systems and catalysts. The company is adding capacity in line with its customers' production plans and expanding into new product lines, which broadens its revenue base.
What to watch: Follow volume trends at its key customers and precious metal price movements.
Why Redtape Features Among These Data Services, Exhaust and Footwear Stocks
Among the three companies on this list, Redtape, an Indian footwear and accessories brand, sells casual, formal and sports footwear through exclusive stores, multi-brand outlets and online channels.
Revenue rose from Rs 303 crore in FY22 to Rs 2,552 crore in FY26, a compound annual growth rate of 70.3%. Net profit grew from Rs 29.0 crore in FY22 to Rs 241 crore in FY26, which works out to a compound annual growth rate of 69.6%.
In the June 2026 quarter, revenue grew 4.8% year on year to Rs 496 crore, while net profit rose 15.2% to Rs 44.5 crore. The company has a return on equity of 23.6%, a debt to equity ratio of 0.70 and a market capitalisation of Rs 6,169 crore. The stock trades at a P/E of 25.0, below the industry P/E of 63.4.
Roadmap: Growth is driven by store expansion, higher online sales and a broader product range, including apparel and accessories. A shift towards branded footwear in smaller cities widens its customer base.
What to watch: Follow same-store sales and the pace of new store openings.
eClerx Services vs Sharda Motor Industries vs Redtape on Key Financials
The table below sets the three data services, exhaust and footwear 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% |
| Sharda Motor Industries | 2,285 | 3,483 | 11.1% | 345 | 9.9% |
| Redtape | 303 | 2,552 | 70.3% | 241 | 9.4% |
eClerx Services posts the highest return on equity in this group at 27.6%. eClerx Services has the largest FY26 revenue at Rs 4,218 crore, and Redtape shows the fastest revenue growth with a 70.3% compound annual rate. A useful habit with data services, exhaust and footwear 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 |
|---|---|---|---|
| eClerx Services | 945 | 1,170 | 23.8% |
| Sharda Motor Industries | 779 | 1,038 | 33.2% |
| Redtape | 473 | 496 | 4.8% |
Key Risks to Check Before Investing in Data Services, Exhaust and Footwear Stocks
Every theme carries risks that deserve a check before any decision. For these data services, exhaust and footwear stocks, the main points are: Long-term analytics outsourcing, silencer and shoe brand shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Client concentration. A few large clients contribute a big share of revenue.
- Production cycles. Vehicle output can vary with demand.
- Footfall and spending. Store sales follow consumer mood and seasons.
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 services, exhaust and footwear stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Data Services, Exhaust and Footwear Stocks
Data services, exhaust and footwear stocks work best when investors track growth, valuation and return on equity side by side. eClerx Services, Sharda Motor Industries and Redtape each have a clear plan to grow. Based on the 12 November 2026 close, eClerx Services trades at Rs 1,549.4, Sharda Motor Industries at Rs 892.8 and Redtape at Rs 108.56. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these data services, exhaust and footwear stocks to a watchlist.
Download the Univest iOS App or Univest Android App to track data services, exhaust and footwear stocks, set price alerts and get research-backed stock ideas.
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 services, exhaust and footwear stocks?
Ans. Data services, exhaust and footwear stocks are listed companies that provide data, analytics and digital operations services to global clients, make exhaust systems and other components for vehicle makers, and sell branded footwear through stores and online channels. Their earnings depend on client spending, vehicle output and consumer demand. This list looks at three of them, eClerx Services, Sharda Motor Industries and Redtape, using reported FY22 to FY26 financials and the 12 November 2026 closing prices.
Which data services, exhaust and footwear stocks are covered in this list?
Ans. This list covers eClerx Services, Sharda Motor Industries and Redtape. Based on the 12 November 2026 close, eClerx Services traded at Rs 1,549.4, Sharda Motor Industries at Rs 892.8 and Redtape at Rs 108.56. Their return on equity ranges from 23.6% to 27.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 11.1% to 70.3%.
Why do data services, exhaust and footwear stocks have a strong future roadmap in India?
Ans. Data services, exhaust and footwear stocks have a strong roadmap in India because rising use of data driven services, steady vehicle production and growing demand for branded footwear keep widening the market for these companies. The main drivers are as follows. Data services. Global clients buy more analytics support. Exhaust systems. Vehicle makers need cleaner exhaust parts. Footwear. Shoppers prefer branded footwear. 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 Sharda Motor Industries performed financially?
Ans. Revenue rose from Rs 2,285 crore in FY22 to Rs 3,483 crore in FY26, a compound annual growth rate of 11.1%. Net profit grew from Rs 149 crore in FY22 to Rs 345 crore in FY26, which works out to a compound annual growth rate of 23.3%. In the June 2026 quarter, revenue grew 33.2% year on year to Rs 1,038 crore. The company has a return on equity of 26.3%, a debt to equity ratio of 0.04 and a market capitalisation of Rs 4,995 crore. The stock trades at a P/E of 15.0, below the industry P/E of 36.9. Looking ahead, tighter emission norms increase the content per vehicle for exhaust systems and catalysts. The company is adding capacity in line with its customers' production plans and expanding into new product lines, which broadens its revenue base.
How has Redtape performed financially?
Ans. Revenue rose from Rs 303 crore in FY22 to Rs 2,552 crore in FY26, a compound annual growth rate of 70.3%. Net profit grew from Rs 29.0 crore in FY22 to Rs 241 crore in FY26, which works out to a compound annual growth rate of 69.6%. In the June 2026 quarter, revenue grew 4.8% year on year to Rs 496 crore, while net profit rose 15.2% to Rs 44.5 crore. The company has a return on equity of 23.6%, a debt to equity ratio of 0.70 and a market capitalisation of Rs 6,169 crore. The stock trades at a P/E of 25.0, below the industry P/E of 63.4. Looking ahead, growth is driven by store expansion, higher online sales and a broader product range, including apparel and accessories. A shift towards branded footwear in smaller cities widens its customer base.
What risks should investors check before buying data services, exhaust and footwear stocks?
Ans. Investors should check a few risks before buying data services, exhaust and footwear stocks. Client concentration. A few large clients contribute a big share of revenue. Production cycles. Vehicle output can vary with demand. Footfall and spending. Store sales follow consumer mood and seasons. 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 services, exhaust and footwear stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 12 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.
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