16 companies · ₹45,521 cr · 7 with AI deep dives · Q1FY27 report
Scaled BPO names reach margin highs on deal momentum; HGS losses and AI BPM pressure expose a two-speed sector
P/E below the sub-industry median of 27.37x, 5y ROCE above its median of 11.71%, and at least 2 growth triggers stated on the latest earnings call.
Which names clear this screen is premium
The screen runs on stated growth triggers from the latest earnings calls - the same guidance data the stock screener reserves for premium. Premium names every company in this industry that is cheap against its own median and has the triggers behind it.
Diwali open house: sign in free and Premium is open to you until 8 Nov.See plans →Every company here with a deep dive, topped up by market cap. The rest of the industry is in the appendix.
eClerx reported Q1FY27 new deal ACV of $41mn (+25% YoY), aspiring to exceed FY26's $169.9mn full-year total. Firstsource signed four large deals (ACV >$5M) for the sixth…
The outlook and what resolves next quarter
Where these managements said things are heading, and the dated, checkable events that would change it. Free with an account - 3 full reports a quarter.
Create a free account →Sept 26: 0 of 6 reported so far, so it is not in the trend above.
Breadth: 83% of 6 companies grew revenue year on year (was 83% a quarter earlier) and 67% expanded margin (was 67%).
The median name trades at 27.4x, +10.6% against this industry's own 5-year median of 24.8x, and -21.8% against its own peak of 35.0x.
Firstsource Solutions Ltd is 44.8% of this industry by market cap. The top 5 are 96.8% and the top 10 are 99.8%.
| 24.4x |
| 15.4x |
| 35.3% |
| 25.5% |
| +23.3% |
| Unlock |
| One Point One Solutions Ltd | ₹1,874 cr | 41.2x | 22.9x | 10.3% | 23.2% | +129.4% | Unlock |
| Hinduja Global Solutions Ltd | ₹1,567 cr | - | 4.5x | 1.5% | 2.3% | -0.5% | Unlock |
| Alldigi Tech Ltd | ₹1,211 cr | 13.8x | 7.4x | 32.4% | 27.1% | +4.4% | Unlock |
| We Win Ltd | ₹41 cr | 10.5x | 6.6x | 10.9% | 6.2% | +15.8% | Unlock |
| HRH Next Services Ltd | ₹30 cr | 6.5x | 3.8x | 15.8% | 18.4% | +24.7% | Unlock |
| RPSG Ventures Ltd | ₹2,737 cr | - | 6.3x | 8.8% | 14.2% | +20.4% | Unlock |
| Kandarp Digi Smart BPO Ltd | ₹58 cr | 28.5x | 15.6x | 11.2% | 9.7% | +4.0% | Unlock |
| Nsb Bpo Solutions Ltd | ₹58 cr | 4.6x | 3.4x | 8.5% | 12.0% | - | Unlock |
| Informed Technologies India Ltd | ₹34 cr | 30.8x | 36.8x | 3.1% | -135.3% | -16.7% | Unlock |
| Cadsys (India) Ltd | ₹30 cr | - | -1.5x | -14.1% | -12.6% | +16.3% | Unlock |
| Platinumone Business Services Ltd | ₹22 cr | 6.2x | 3.2x | 24.5% | 14.4% | +12.5% | Unlock |
| Plada Infotech Services Ltd | ₹10 cr | 5.8x | 4.8x | 12.1% | 7.2% | +9.8% | Unlock |
| Bnr Udyog Ltd | ₹10 cr | - | -13.5x | -8.9% | -78.1% | -32.7% | Unlock |
| G-tech Info-training Ltd | ₹4 cr | - | 386.0x | 5.6% | - | - | Unlock |