Sector Alpha Week of 2026-07-29
20-quarter listed-company comparison

Services - Others Stocks in India

Services - Others: PDS Ltd owns the largest revenue base; BLS International Services Ltd has the fastest current growth.

Nifty Services - Others Index — Constituents & Performance

The Services - Others companies below are the listed Indian Services - Others universe this page tracks — the same constituent set people search for as the Nifty Services - Others index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

The sector itself · before any single company

How has Services - Others moved against NIFTY 500?

The line below covers 5.1 years. Over the most recent two of them this sector is 30% behind NIFTY 500. Earnings across its companies grew 14% on average over the last four reported quarters.

FADING · −1 in 4w~Fundamentals up, price down3 of 8 companies ahead of NIFTY 500 by 5% or more over three months3 are 20% or more behind over a year while earnings grew 20% or more

RS ↑1w · 2/8 >200d (−1) · 3/8 lead (−1) · EPS 4/8↑

2005001000202620252024202320222021 635335 TRAILING 12-MONTH EPS · 100 AT THE START0100139Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Sep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 19.3% on a year ago · 6 reportingDec 2023 · trailing 12-month earnings per share at 103, against 100 at the start · up 18.9% on a year ago · 7 reportingMar 2024 · trailing 12-month earnings per share at 115, against 100 at the start · up 16.7% on a year ago · 8 reportingJun 2024 · trailing 12-month earnings per share at 114, against 100 at the start · up 13.5% on a year ago · 8 reportingSep 2024 · trailing 12-month earnings per share at 114, against 100 at the start · up 5.3% on a year ago · 8 reportingDec 2024 · trailing 12-month earnings per share at 122, against 100 at the start · up 10.3% on a year ago · 8 reportingMar 2025 · trailing 12-month earnings per share at 134, against 100 at the start · up 5.6% on a year ago · 8 reportingJun 2025 · trailing 12-month earnings per share at 139, against 100 at the start · up 11.2% on a year ago · 8 reportingSep 2025 · trailing 12-month earnings per share at 137, against 100 at the start · up 13.8% on a year ago · 8 reportingDec 2025 · trailing 12-month earnings per share at 132, against 100 at the start · up 18.6% on a year ago · 8 reportingMar 2026 · trailing 12-month earnings per share at 130, against 100 at the start · up 12.8% on a year ago · 8 reportingNot reported yet — earnings trail price by a quarter or two130 · Mar 26No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
2005001000202620252024202320222021 635335 TRAILING 12-MONTH EPS · 100 AT THE START0100139Mar 24Mar 25Mar 26Sep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 19.3% on a year ago · 6 reportingDec 2023 · trailing 12-month earnings per share at 103, against 100 at the start · up 18.9% on a year ago · 7 reportingMar 2024 · trailing 12-month earnings per share at 115, against 100 at the start · up 16.7% on a year ago · 8 reportingJun 2024 · trailing 12-month earnings per share at 114, against 100 at the start · up 13.5% on a year ago · 8 reportingSep 2024 · trailing 12-month earnings per share at 114, against 100 at the start · up 5.3% on a year ago · 8 reportingDec 2024 · trailing 12-month earnings per share at 122, against 100 at the start · up 10.3% on a year ago · 8 reportingMar 2025 · trailing 12-month earnings per share at 134, against 100 at the start · up 5.6% on a year ago · 8 reportingJun 2025 · trailing 12-month earnings per share at 139, against 100 at the start · up 11.2% on a year ago · 8 reportingSep 2025 · trailing 12-month earnings per share at 137, against 100 at the start · up 13.8% on a year ago · 8 reportingDec 2025 · trailing 12-month earnings per share at 132, against 100 at the start · up 18.6% on a year ago · 8 reportingMar 2026 · trailing 12-month earnings per share at 130, against 100 at the start · up 12.8% on a year ago · 8 reportingNot reported yet — earnings trail price by a quarter or two130No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
Services - Others, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy MixedHow much of the sector is participating, how recently, and whether the movers score well.
Together3 of 8 stocks moving
Fresh0 crossed in the last 4 weeks
Backed by scoresmovers score +4 vs the sector average
Down the cap ladder — bar is now, tick is four weeks ago
Large 0/20
Mid 1/30
Small 2/3−1

Participation is not spreading downward this month; the larger companies are still carrying most of it.

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 8 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Services - Others outperforming NIFTY 500?

The 52-week comparison of Services - Others against NIFTY 500 is not available from the current market series. 2 of 8 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Kapston Services Ltd is the strongest against the sector itself at +70.5%. Readings are as of 2026-07-19.

—Sector vs NIFTY 500 · 13 weeks
—Sector vs NIFTY 500 · 52 weeks
2/8Stocks leading NIFTY 500
3/8Stocks leading sector

Sector metric: 26.4 as of 2026-07-19 · CONSOLIDATION · falling.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

The 52-week sector comparison is unavailable. 2 of 8 covered companies currently have positive Mansfield relative strength versus NIFTY 500. PDS Ltd leads with revenue of ₹13,109 crore, based on 8 of 8 comparable companies through Mar 2026. BLS International Services Ltd has the fastest current revenue growth at 36.7%, across 8 of 8 comparable companies.

Is the Services - Others sector outperforming NIFTY 500?

The 52-week sector comparison is unavailable. 2 of 8 covered companies currently have positive Mansfield relative strength versus NIFTY 500.

Which Services - Others company is largest by revenue?

PDS Ltd leads with revenue of ₹13,109 crore, based on 8 of 8 comparable companies through Mar 2026.

Which Services - Others company is growing fastest?

BLS International Services Ltd has the fastest current revenue growth at 36.7%, across 8 of 8 comparable companies.

Which Services - Others company has the strongest 4-Factor Sector Score?

Kapston Services Ltd ranks first at 62/100 with 80% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Services - Others company reports the most CAPEX?

eMudhra Ltd reports the largest latest CAPEX at ₹30 crore, with 2 of 8 companies comparable.

Which Services - Others company has the least gross debt?

Ecos (India) Mobility & Hospitality Ltd has the lowest comparable gross debt at ₹8 crore. PDS Ltd has the highest at ₹1,264 crore.

Which Services - Others company has the lowest comparable PEG?

eMudhra Ltd has the lowest comparable Guarded PEG at 1.21, among 3 of 8 companies that pass the metric’s comparability rules.

How much history does this Services - Others comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Mar 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
8
complete canonical membership
Combined market value
₹39.1K Cr
Indegene Ltd
Revenue growing
8/8
positive TTM year-on-year growth
Beating NIFTY 500
2/8
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Kapston Services Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 80% evidence confidence.
PDS Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. Kapston Services Ltd · KAPSTON

62.0/100 · Mixed-positive evidence · 80% evidence

Exact sum: 29.9 + 8.8 + 8.5 + 14.8 = 62

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

29.9/35Growth & earnings

Revenue 20.4% · PAT 57.8% · OPM change 1.2 pp

95% evidence

8.8/25Capital efficiency

ROCE 14.9% · debt/equity 1.59×

95% evidence

8.5/20Valuation

P/E 49.8× · PEG —

15% evidence

14.8/20Relative strength

RS sector 70.5% · RS bench 66.3% · 1Y 156%

100% evidence

2. Team Lease Services Ltd · TEAMLEASE

59.0/100 · Mixed-positive evidence · 83% evidence

Exact sum: 22.8 + 11.1 + 13.6 + 11.5 = 59

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

22.8/35Growth & earnings

Revenue 6.1% · PAT 28.2% · OPM change 0 pp

95% evidence

11.1/25Capital efficiency

ROCE 15.4% · debt/equity 0.11×

80% evidence

13.6/20Valuation

P/E 15.2× · PEG —

50% evidence

11.5/20Relative strength

RS sector -1.7% · RS bench -6.7% · 1Y -27%

100% evidence

3. eMudhra Ltd · EMUDHRA

56.0/100 · Mixed-positive evidence · 100% evidence

Exact sum: 21 + 15.9 + 14.9 + 4.2 = 56

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

21.0/35Growth & earnings

Revenue 35.1% · PAT 27.9% · OPM change -2 pp

100% evidence

15.9/25Capital efficiency

ROCE 15.7% · debt/equity 0.03×

100% evidence

14.9/20Valuation

P/E 36.1× · PEG 1.21

100% evidence

4.2/20Relative strength

RS sector -16.3% · RS bench -20.9% · 1Y -44.5%

100% evidence

4. BLS International Services Ltd · BLS

54.8/100 · Mixed-positive evidence · 83% evidence

Exact sum: 22.3 + 17.8 + 13.4 + 1.3 = 54.8

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

22.3/35Growth & earnings

Revenue 36.7% · PAT 34.1% · OPM change 0 pp

95% evidence

17.8/25Capital efficiency

ROCE 29.3% · debt/equity 0.17×

80% evidence

13.4/20Valuation

P/E 14× · PEG —

50% evidence

1.3/20Relative strength

RS sector -18.8% · RS bench -22.9% · 1Y -38.5%

100% evidence

5. Indegene Ltd · INDGN

49.6/100 · Mixed-negative evidence · 93% evidence

Exact sum: 13.9 + 15.6 + 8.3 + 11.8 = 49.6

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

13.9/35Growth & earnings

Revenue 23.6% · PAT -1.7% · OPM change -4 pp

100% evidence

15.6/25Capital efficiency

ROCE 18.8% · debt/equity 0.05×

100% evidence

8.3/20Valuation

P/E 28.6× · PEG 1.99

65% evidence

11.8/20Relative strength

RS sector 2% · RS bench -2.6% · 1Y -11.2%

100% evidence

6. Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY

45.0/100 · Mixed-negative evidence · 74% evidence

Exact sum: 9.8 + 20.7 + 11.5 + 3 = 45

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

9.8/35Growth & earnings

Revenue 23.6% · PAT -4.9% · OPM change -3 pp

95% evidence

20.7/25Capital efficiency

ROCE 30.3% · debt/equity 0.03×

95% evidence

11.5/20Valuation

P/E 13.2× · PEG —

15% evidence

3.0/20Relative strength

RS sector -34.5% · RS bench -31.7% · 1Y -58.6%

70% evidence

7. PDS Ltd · PDSL

44.0/100 · Mixed-negative evidence · 76% evidence

Exact sum: 8.9 + 7.5 + 8.9 + 18.7 = 44

Decision use: Price leads the evidence: RS versus the benchmark is 9.4%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

8.9/35Growth & earnings

Revenue 4.2% · PAT -26.3% · OPM change -1 pp

95% evidence

7.5/25Capital efficiency

ROCE 12.5% · debt/equity 0.72×

80% evidence

8.9/20Valuation

P/E 45.5× · PEG —

15% evidence

18.7/20Relative strength

RS sector 14.4% · RS bench 9.4% · 1Y -6.7%

100% evidence

8. CMS Info Systems Ltd · CMSINFO

40.4/100 · Mixed-negative evidence · 94% evidence

Exact sum: 7.6 + 16.1 + 9.8 + 6.9 = 40.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

7.6/35Growth & earnings

Revenue 2.6% · PAT -18.8% · OPM change -1 pp

100% evidence

16.1/25Capital efficiency

ROCE 17.6% · debt/equity 0.09×

100% evidence

9.8/20Valuation

P/E 14.6× · PEG 2.81

100% evidence

6.9/20Relative strength

RS sector -11% · RS bench -20.1% · 1Y -48.3%

70% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

PDS Ltd has the highest Revenue among the 8 Services - Others companies compared here, at ₹13,109 crore. Team Lease Services Ltd is next at ₹11,838 crore. BLS International Services Ltd has the highest Revenue growth at 36.7%, so level and change sit with different companies. 8 of 8 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: PDS Ltd is the scale leader at ₹13,109 crore, 10.7% ahead of Team Lease Services Ltd. BLS International Services Ltd's growth is 36.7% from a ₹2,999 crore base, with 14 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderPDS Ltd · ₹13,109 crore
Gap10.7% versus #2 · Team Lease Services Ltd
Persistence7/8 recent comparable periods
Coverage8/8 companies · 122 observations

Investor read: PDS Ltd is the scale benchmark; BLS International Services Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: PDS Ltd's growth falls below BLS International Services Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1PDS Ltd PDSL₹13.1K Cr
2Team Lease Services Ltd TEAMLEASE₹11.8K Cr
3Indegene Ltd INDGN₹3.5K Cr
4BLS International Services Ltd BLS₹3.0K Cr
5CMS Info Systems Ltd CMSINFO₹2.5K Cr
Revenue growthfastest growers
1BLS International Services Ltd BLS37%
2eMudhra Ltd EMUDHRA35%
3Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified24%
4Indegene Ltd INDGN24%
5Kapston Services Ltd KAPSTON⚠ unverified20%
Revenue · company comparison
8/8 level · 8/8 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
PDS Ltd PDSL₹3.5K Cr-0.2%Mar 2026
Team Lease Services Ltd TEAMLEASE₹2.9K Cr2.3%Mar 2026
Indegene Ltd INDGN₹1.0K Cr33%Mar 2026
BLS International Services Ltd BLS₹815 Cr18%Mar 2026
CMS Info Systems Ltd CMSINFO₹633 Cr2.3%Mar 2026
Kapston Services Ltd KAPSTON⚠ unverified₹216 Cr17%Mar 2026
Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified₹207 Cr17%Mar 2026
eMudhra Ltd EMUDHRA₹193 Cr31%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

BLS International Services Ltd · BLS

—
—
—
—
—
—
₹438 Cr
₹449 Cr
₹383 Cr
₹408 Cr
₹438 Cr
₹448 Cr
₹493 Cr
₹495 Cr
₹513 Cr
₹693 Cr
₹711 Cr
₹737 Cr
₹736 Cr
₹815 Cr

CMS Info Systems Ltd · CMSINFO

₹370 Cr
₹372 Cr
₹404 Cr
₹444 Cr
₹453 Cr
₹472 Cr
₹488 Cr
₹501 Cr
₹512 Cr
₹544 Cr
₹582 Cr
₹627 Cr
₹599 Cr
₹625 Cr
₹581 Cr
₹619 Cr
₹627 Cr
₹609 Cr
₹618 Cr
₹633 Cr

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
—
—
—
—
—
₹131 Cr
₹138 Cr
₹137 Cr
₹149 Cr
₹149 Cr
₹160 Cr
₹168 Cr
₹177 Cr
₹181 Cr
₹214 Cr
₹206 Cr
₹207 Cr

eMudhra Ltd · EMUDHRA

₹43 Cr
₹49 Cr
₹45 Cr
₹45 Cr
₹52 Cr
₹58 Cr
₹61 Cr
₹77 Cr
₹80 Cr
₹96 Cr
₹97 Cr
₹100 Cr
₹92 Cr
₹141 Cr
₹139 Cr
₹147 Cr
₹147 Cr
₹173 Cr
₹188 Cr
₹193 Cr

Indegene Ltd · INDGN

—
—
—
—
₹521 Cr
—
—
₹632 Cr
₹608 Cr
₹636 Cr
₹673 Cr
₹673 Cr
₹676 Cr
₹687 Cr
₹720 Cr
₹756 Cr
₹761 Cr
₹804 Cr
₹942 Cr
₹1.0K Cr

Kapston Services Ltd · KAPSTON⚠ unverified

—
—
—
—
—
—
₹108 Cr
₹106 Cr
₹113 Cr
₹128 Cr
₹137 Cr
₹141 Cr
₹154 Cr
₹168 Cr
₹183 Cr
₹185 Cr
₹191 Cr
₹211 Cr
₹213 Cr
₹216 Cr

PDS Ltd · PDSL

—
—
—
—
—
—
₹2.6K Cr
₹2.7K Cr
₹2.1K Cr
₹2.5K Cr
₹2.6K Cr
₹3.2K Cr
₹2.6K Cr
₹3.3K Cr
₹3.1K Cr
₹3.5K Cr
₹3.0K Cr
₹3.4K Cr
₹3.2K Cr
₹3.5K Cr

Team Lease Services Ltd · TEAMLEASE

—
—
—
—
—
—
₹2.0K Cr
₹2.0K Cr
₹2.2K Cr
₹2.3K Cr
₹2.4K Cr
₹2.4K Cr
₹2.6K Cr
₹2.8K Cr
₹2.9K Cr
₹2.9K Cr
₹2.9K Cr
₹3.0K Cr
₹3.0K Cr
₹2.9K Cr

Revenue growth · reported quarter history

BLS International Services Ltd · BLS

—
—
—
—
—
—
—
—
—
—
0.0%
-0.2%
29%
21%
17%
55%
44%
49%
43%
18%

CMS Info Systems Ltd · CMSINFO

—
—
—
—
22%
27%
21%
13%
13%
15%
19%
25%
17%
15%
-0.2%
-1.3%
4.7%
-2.6%
6.4%
2.3%

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
14%
16%
23%
19%
21%
34%
23%
17%

eMudhra Ltd · EMUDHRA

—
—
—
—
21%
18%
36%
71%
54%
66%
59%
30%
15%
47%
43%
47%
60%
23%
35%
31%

Indegene Ltd · INDGN

—
—
—
—
—
—
—
—
17%
—
—
6.5%
11%
8.0%
7.0%
12%
13%
17%
31%
33%

Kapston Services Ltd · KAPSTON⚠ unverified

—
—
—
—
—
—
—
—
—
—
27%
33%
36%
31%
33%
31%
24%
25%
16%
17%

PDS Ltd · PDSL

—
—
—
—
—
—
—
—
—
—
0.2%
17%
24%
34%
21%
9.7%
14%
3.4%
1.5%
-0.2%

Team Lease Services Ltd · TEAMLEASE

—
—
—
—
—
—
—
—
—
—
22%
20%
19%
23%
19%
18%
12%
8.4%
2.4%
2.3%
02 · compare level, then change

Operating Economics & Margin Trend

BLS International Services Ltd has the highest OPM among the 8 Services - Others companies compared here, at 25%. Kapston Services Ltd has the highest Margin change at +1.2 percentage points, so level and change sit with different companies. 8 of 8 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: BLS International Services Ltd leads opm at 25%; Kapston Services Ltd leads margin change at +1.2 percentage points.

LeaderBLS International Services Ltd · 25%
Gap0% versus #2 · CMS Info Systems Ltd
Persistence5/8 recent comparable periods
Coverage8/8 companies · 146 observations

Investor read: BLS International Services Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1BLS International Services Ltd BLS25%
2CMS Info Systems Ltd CMSINFO25%
3eMudhra Ltd EMUDHRA22%
4Indegene Ltd INDGN16%
5Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified12%
Margin changefastest expanders
1Kapston Services Ltd KAPSTON⚠ unverified+1.2 pp
2BLS International Services Ltd BLS0.0 pp
3Team Lease Services Ltd TEAMLEASE0.0 pp
4CMS Info Systems Ltd CMSINFO−1.0 pp
5PDS Ltd PDSL−1.0 pp
Operating margin · company comparison
8/8 level · 8/8 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyOPMMargin changeReported
BLS International Services Ltd BLS25%0.0 ppMar 2026
CMS Info Systems Ltd CMSINFO25%−1.0 ppMar 2026
eMudhra Ltd EMUDHRA22%−2.0 ppMar 2026
Indegene Ltd INDGN16%−4.0 ppMar 2026
Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified12%−3.0 ppMar 2026
Kapston Services Ltd KAPSTON⚠ unverified6.2%+1.2 ppMar 2026
PDS Ltd PDSL3.0%−1.0 ppMar 2026
Team Lease Services Ltd TEAMLEASE2.0%0.0 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

BLS International Services Ltd · BLS

11%
14%
11%
14%
11%
16%
15%
15%
21%
21%
20%
20%
27%
33%
31%
25%
29%
29%
27%
25%

CMS Info Systems Ltd · CMSINFO

23%
25%
26%
26%
27%
28%
28%
29%
29%
27%
26%
25%
25%
24%
27%
26%
25%
23%
23%
25%

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
—
—
—
—
—
17%
18%
15%
15%
14%
15%
13%
15%
12%
11%
11%
12%

eMudhra Ltd · EMUDHRA

34%
34%
40%
41%
39%
37%
35%
31%
30%
29%
25%
33%
29%
23%
22%
24%
24%
24%
22%
22%

Indegene Ltd · INDGN

—
—
—
—
19%
—
—
15%
16%
19%
22%
21%
19%
18%
18%
20%
20%
17%
17%
16%

Kapston Services Ltd · KAPSTON⚠ unverified

5.7%
4.0%
4.1%
4.8%
3.5%
3.8%
3.6%
2.9%
4.7%
3.8%
4.0%
5.1%
4.2%
4.3%
4.4%
5.1%
4.8%
4.7%
5.3%
6.2%

PDS Ltd · PDSL

2.1%
3.8%
4.5%
3.7%
3.1%
4.1%
5.0%
5.0%
3.0%
6.0%
3.0%
4.0%
3.0%
4.0%
3.0%
4.0%
2.0%
3.0%
3.0%
3.0%

Team Lease Services Ltd · TEAMLEASE

2.1%
2.2%
2.1%
2.3%
1.4%
1.6%
2.0%
2.0%
1.0%
1.0%
1.0%
2.0%
1.0%
1.0%
1.0%
2.0%
1.0%
1.0%
1.0%
2.0%

Margin change · reported quarter history

BLS International Services Ltd · BLS

+4.5 pp
+4.4 pp
+2.4 pp
+6.8 pp
+1.0 pp
+1.4 pp
+3.8 pp
+1.2 pp
+9.5 pp
+5.1 pp
+5.0 pp
+5.0 pp
+6.0 pp
+12.0 pp
+11.0 pp
+5.0 pp
+2.0 pp
−4.0 pp
−4.0 pp
0.0 pp

CMS Info Systems Ltd · CMSINFO

—
—
+3.4 pp
+4.6 pp
+4.5 pp
+3.2 pp
+2.0 pp
+2.9 pp
+1.7 pp
−1.5 pp
−2.0 pp
−4.0 pp
−4.0 pp
−3.0 pp
+1.0 pp
+1.0 pp
0.0 pp
−1.0 pp
−4.0 pp
−1.0 pp

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
−3.0 pp
−3.0 pp
−2.0 pp
0.0 pp
−2.0 pp
−4.0 pp
−2.0 pp
−3.0 pp

eMudhra Ltd · EMUDHRA

—
—
—
+9.0 pp
+5.8 pp
+3.1 pp
−5.0 pp
−9.6 pp
−9.4 pp
−8.2 pp
−10.0 pp
+2.0 pp
−1.0 pp
−6.0 pp
−3.0 pp
−9.0 pp
−5.0 pp
+1.0 pp
0.0 pp
−2.0 pp

Indegene Ltd · INDGN

—
—
—
—
—
—
—
—
−2.9 pp
—
—
+6.0 pp
+3.0 pp
−1.0 pp
−4.0 pp
−1.0 pp
+1.0 pp
−1.0 pp
−1.0 pp
−4.0 pp

Kapston Services Ltd · KAPSTON⚠ unverified

−2.7 pp
−3.4 pp
−6.0 pp
−0.5 pp
−2.1 pp
−0.3 pp
−0.6 pp
−1.9 pp
+1.2 pp
+0.0 pp
+0.4 pp
+2.2 pp
−0.5 pp
+0.5 pp
+0.4 pp
−0.1 pp
+0.6 pp
+0.4 pp
+0.9 pp
+1.2 pp

PDS Ltd · PDSL

+0.7 pp
+2.0 pp
−0.2 pp
−1.8 pp
+1.0 pp
+0.3 pp
+0.5 pp
+1.3 pp
−0.1 pp
+1.9 pp
−2.0 pp
−1.0 pp
0.0 pp
−2.0 pp
0.0 pp
0.0 pp
−1.0 pp
−1.0 pp
0.0 pp
−1.0 pp

Team Lease Services Ltd · TEAMLEASE

0.0 pp
+0.2 pp
+0.2 pp
+0.3 pp
−0.8 pp
−0.6 pp
−0.1 pp
−0.3 pp
−0.4 pp
−0.6 pp
−1.0 pp
0.0 pp
0.0 pp
0.0 pp
0.0 pp
0.0 pp
0.0 pp
0.0 pp
0.0 pp
0.0 pp
03 · compare level, then change

Profit Scale & Acceleration

BLS International Services Ltd has the highest Net profit among the 8 Services - Others companies compared here, at ₹724 crore. Indegene Ltd is next at ₹401 crore. Kapston Services Ltd has the highest Profit growth at 57.8%, so level and change sit with different companies. 8 of 8 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: BLS International Services Ltd leads with ₹724 crore of TTM profit, 80.5% above Indegene Ltd. Kapston Services Ltd shows 57.8% growth from a ₹28 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderBLS International Services Ltd · ₹724 crore
Gap80.5% versus #2 · Indegene Ltd
Persistence8/8 recent comparable periods
Coverage8/8 companies · 122 observations

Investor read: BLS International Services Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1BLS International Services Ltd BLS₹724 Cr
2Indegene Ltd INDGN₹401 Cr
3CMS Info Systems Ltd CMSINFO₹303 Cr
4PDS Ltd PDSL₹177 Cr
5Team Lease Services Ltd TEAMLEASE₹141 Cr
Profit growthfastest growers
1Kapston Services Ltd KAPSTON⚠ unverified58%
2BLS International Services Ltd BLS34%
3Team Lease Services Ltd TEAMLEASE28%
4eMudhra Ltd EMUDHRA28%
5Indegene Ltd INDGN-1.7%
Net profit · company comparison
8/8 level · 8/8 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
BLS International Services Ltd BLS₹187 Cr29%Mar 2026
Indegene Ltd INDGN₹80 Cr-32%Mar 2026
CMS Info Systems Ltd CMSINFO₹79 Cr-19%Mar 2026
PDS Ltd PDSL₹72 Cr-4.0%Mar 2026
Team Lease Services Ltd TEAMLEASE₹46 Cr21%Mar 2026
eMudhra Ltd EMUDHRA₹30 Cr25%Mar 2026
Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified₹16 Cr-11%Mar 2026
Kapston Services Ltd KAPSTON⚠ unverified₹8 Cr24%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

BLS International Services Ltd · BLS

—
—
—
—
—
—
₹46 Cr
₹77 Cr
₹71 Cr
₹82 Cr
₹87 Cr
₹85 Cr
₹121 Cr
₹146 Cr
₹128 Cr
₹145 Cr
₹181 Cr
₹186 Cr
₹170 Cr
₹187 Cr

CMS Info Systems Ltd · CMSINFO

₹47 Cr
₹53 Cr
₹60 Cr
₹64 Cr
₹69 Cr
₹73 Cr
₹76 Cr
₹80 Cr
₹84 Cr
₹84 Cr
₹87 Cr
₹91 Cr
₹91 Cr
₹91 Cr
₹93 Cr
₹98 Cr
₹94 Cr
₹73 Cr
₹57 Cr
₹79 Cr

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
—
—
—
—
—
₹14 Cr
₹16 Cr
₹14 Cr
₹18 Cr
₹14 Cr
₹16 Cr
₹13 Cr
₹18 Cr
₹13 Cr
₹15 Cr
₹14 Cr
₹16 Cr

eMudhra Ltd · EMUDHRA

₹10 Cr
₹11 Cr
₹11 Cr
₹11 Cr
₹14 Cr
₹17 Cr
₹15 Cr
₹16 Cr
₹16 Cr
₹19 Cr
₹20 Cr
₹21 Cr
₹18 Cr
₹22 Cr
₹22 Cr
₹24 Cr
₹25 Cr
₹26 Cr
₹29 Cr
₹30 Cr

Indegene Ltd · INDGN

—
—
—
—
₹86 Cr
—
—
₹49 Cr
₹68 Cr
₹75 Cr
₹99 Cr
₹95 Cr
₹88 Cr
₹92 Cr
₹110 Cr
₹118 Cr
₹116 Cr
₹102 Cr
₹103 Cr
₹80 Cr

Kapston Services Ltd · KAPSTON⚠ unverified

—
—
—
—
—
—
₹2 Cr
₹1 Cr
₹3 Cr
₹4 Cr
₹3 Cr
₹3 Cr
₹3 Cr
₹4 Cr
₹5 Cr
₹6 Cr
₹6 Cr
₹7 Cr
₹7 Cr
₹8 Cr

PDS Ltd · PDSL

—
—
—
—
—
—
₹93 Cr
₹77 Cr
₹23 Cr
₹88 Cr
₹26 Cr
₹65 Cr
₹31 Cr
₹89 Cr
₹45 Cr
₹75 Cr
₹20 Cr
₹48 Cr
₹37 Cr
₹72 Cr

Team Lease Services Ltd · TEAMLEASE

—
—
—
—
—
—
₹29 Cr
₹24 Cr
₹26 Cr
₹28 Cr
₹31 Cr
₹28 Cr
₹19 Cr
₹25 Cr
₹28 Cr
₹38 Cr
₹25 Cr
₹28 Cr
₹42 Cr
₹46 Cr

Profit growth · reported quarter history

BLS International Services Ltd · BLS

—
—
—
—
—
—
—
—
—
—
89%
10%
70%
78%
47%
71%
50%
27%
33%
29%

CMS Info Systems Ltd · CMSINFO

—
—
—
—
47%
38%
27%
25%
22%
15%
14%
14%
8.3%
8.3%
6.9%
7.7%
3.3%
-20%
-39%
-19%

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
0.0%
0.0%
-7.1%
0.0%
-7.1%
-6.3%
7.7%
-11%

eMudhra Ltd · EMUDHRA

—
—
—
—
40%
55%
36%
45%
14%
12%
33%
31%
13%
16%
10%
14%
39%
18%
32%
25%

Indegene Ltd · INDGN

—
—
—
—
—
—
—
—
-21%
—
—
94%
29%
23%
11%
24%
32%
11%
-6.4%
-32%

Kapston Services Ltd · KAPSTON⚠ unverified

—
—
—
—
—
—
—
—
—
—
71%
203%
19%
-9.2%
68%
119%
85%
80%
64%
24%

PDS Ltd · PDSL

—
—
—
—
—
—
—
—
—
—
-72%
-16%
35%
1.1%
73%
15%
-35%
-46%
-18%
-4.0%

Team Lease Services Ltd · TEAMLEASE

—
—
—
—
—
—
—
—
—
—
6.9%
17%
-27%
-11%
-9.7%
36%
32%
12%
50%
21%
04 · compare level, then change

Capacity Spending & Returns On It

eMudhra Ltd has the highest CAPEX among the 8 Services - Others companies compared here, at ₹30 crore. Indegene Ltd is next at ₹2 crore. The same company also holds the highest CAPEX intensity, at 66.7%. 2 of 8 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: eMudhra Ltd reports ₹30 crore of CAPEX; eMudhra Ltd has the highest covered intensity at 66.7%. Coverage is only 2 of 8 companies and 6 reported observations, so this is partial evidence—not a complete sector rank.

LeadereMudhra Ltd · ₹30 crore
Gap15× versus #2 · Indegene Ltd
Persistence2/2 recent comparable periods
Coverage2/8 companies · 6 observations

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1eMudhra Ltd EMUDHRA₹30 Cr
2Indegene Ltd INDGN₹2 Cr
CAPEX intensityhighest reinvestment intensity
1eMudhra Ltd EMUDHRA67%
2Indegene Ltd INDGN0.3%
Capital expenditure · company comparison
2/8 level · 2/8 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

Withheld from this chart: BLS International Services Ltd (BLS) — its two data sources disagree by up to 9.5% on reported income across 14 comparable periods, so its derived ratios are withheld; PDS Ltd (PDSL) — its two data sources disagree by up to 46% on reported income across 14 comparable periods, so its derived ratios are withheld; Team Lease Services Ltd (TEAMLEASE) — its two data sources disagree by up to 6.8% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyCAPEXCAPEX intensityReported
eMudhra Ltd EMUDHRA₹30 Cr67%Mar 2026
Indegene Ltd INDGN₹2 Cr0.3%Mar 2026
Full 20-quarter history · every available company

CAPEX · reported quarter history

eMudhra Ltd · EMUDHRA

—
—
₹6 Cr
₹30 Cr
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—

Indegene Ltd · INDGN

—
—
—
—
₹6 Cr
—
—
₹14 Cr
—
—
₹1 Cr
₹2 Cr
—
—
—
—
—
—
—
—

CAPEX intensity · reported quarter history

eMudhra Ltd · EMUDHRA

—
—
13%
67%
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—

Indegene Ltd · INDGN

—
—
—
—
1.2%
—
—
2.2%
—
—
0.1%
0.3%
—
—
—
—
—
—
—
—
Annual capital allocation · 10-year view
8/8 capacity base · 8/8 OCF · 8/8 CAPEX · 8/8 FCF

Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.

Full annual capacity base, operating cash flow, CAPEX and free cash flow history

Capacity base · net fixed assets + CWIP · fiscal-year history

BLS International Services Ltd · BLS

₹78 Cr
₹49 Cr
₹54 Cr
₹41 Cr
₹38 Cr
₹112 Cr
₹234 Cr
₹296 Cr
₹1.4K Cr
₹1.7K Cr

CMS Info Systems Ltd · CMSINFO

—
₹265 Cr
₹384 Cr
₹430 Cr
₹556 Cr
₹794 Cr
₹889 Cr
₹854 Cr
₹1.0K Cr
₹1.3K Cr

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
₹40 Cr
₹22 Cr
₹15 Cr
₹38 Cr
₹47 Cr
₹59 Cr
₹63 Cr

eMudhra Ltd · EMUDHRA

₹45 Cr
₹47 Cr
₹84 Cr
₹102 Cr
₹129 Cr
₹160 Cr
₹209 Cr
₹304 Cr
₹436 Cr
₹756 Cr

Indegene Ltd · INDGN

—
—
₹104 Cr
₹119 Cr
₹86 Cr
₹138 Cr
₹664 Cr
₹646 Cr
₹682 Cr
₹1.8K Cr

Kapston Services Ltd · KAPSTON⚠ unverified

₹10 Cr
₹14 Cr
₹14 Cr
₹25 Cr
₹24 Cr
₹22 Cr
₹18 Cr
₹18 Cr
₹60 Cr
₹64 Cr

PDS Ltd · PDSL

₹230 Cr
₹303 Cr
₹369 Cr
₹500 Cr
₹469 Cr
₹466 Cr
₹492 Cr
₹619 Cr
₹702 Cr
₹858 Cr

Team Lease Services Ltd · TEAMLEASE

₹107 Cr
₹138 Cr
₹158 Cr
₹276 Cr
₹270 Cr
₹280 Cr
₹320 Cr
₹304 Cr
₹345 Cr
₹353 Cr

Operating cash flow · fiscal-year history

BLS International Services Ltd · BLS

₹48 Cr
₹56 Cr
₹133 Cr
₹116 Cr
₹45 Cr
₹185 Cr
₹261 Cr
₹350 Cr
₹829 Cr
₹903 Cr

CMS Info Systems Ltd · CMSINFO

—
₹149 Cr
₹102 Cr
₹214 Cr
₹185 Cr
₹257 Cr
₹407 Cr
₹440 Cr
₹483 Cr
₹390 Cr

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
₹35 Cr
₹31 Cr
₹22 Cr
₹16 Cr
₹67 Cr
₹75 Cr
₹68 Cr

eMudhra Ltd · EMUDHRA

₹22 Cr
₹5 Cr
₹17 Cr
₹23 Cr
₹41 Cr
₹22 Cr
₹34 Cr
₹73 Cr
₹102 Cr
₹133 Cr

Indegene Ltd · INDGN

—
—
₹65 Cr
₹22 Cr
₹172 Cr
₹297 Cr
₹130 Cr
₹508 Cr
₹442 Cr
₹651 Cr

Kapston Services Ltd · KAPSTON⚠ unverified

₹9 Cr
₹-2 Cr
₹-11 Cr
₹-11 Cr
₹15 Cr
₹-23 Cr
₹2 Cr
₹4 Cr
₹-8 Cr
₹9 Cr

PDS Ltd · PDSL

₹121 Cr
₹58 Cr
₹213 Cr
₹281 Cr
₹379 Cr
₹407 Cr
₹510 Cr
₹190 Cr
₹-37 Cr
₹781 Cr

Team Lease Services Ltd · TEAMLEASE

₹36 Cr
₹79 Cr
₹-12 Cr
₹10 Cr
₹303 Cr
₹-6 Cr
₹126 Cr
₹118 Cr
₹104 Cr
₹302 Cr

CAPEX · reported cash flow · fiscal-year history

BLS International Services Ltd · BLS

₹80 Cr
₹11 Cr
₹24 Cr
₹-1 Cr
₹6 Cr
₹81 Cr
₹140 Cr
₹93 Cr
₹1.2K Cr
₹443 Cr

CMS Info Systems Ltd · CMSINFO

—
—
₹173 Cr
₹103 Cr
₹189 Cr
₹330 Cr
₹227 Cr
₹115 Cr
₹328 Cr
₹455 Cr

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
—
₹-4 Cr
₹1 Cr
₹35 Cr
₹28 Cr
₹33 Cr
₹32 Cr

eMudhra Ltd · EMUDHRA

₹19 Cr
₹6 Cr
₹45 Cr
₹27 Cr
₹36 Cr
₹44 Cr
₹65 Cr
₹116 Cr
₹156 Cr
₹354 Cr

Indegene Ltd · INDGN

—
—
—
₹34 Cr
₹-7 Cr
₹85 Cr
₹586 Cr
₹58 Cr
₹116 Cr
₹1.3K Cr

Kapston Services Ltd · KAPSTON⚠ unverified

₹9 Cr
₹5 Cr
₹1 Cr
₹14 Cr
₹3 Cr
₹3 Cr
₹0 Cr
₹4 Cr
₹46 Cr
₹8 Cr

PDS Ltd · PDSL

₹25 Cr
₹89 Cr
₹92 Cr
₹183 Cr
₹37 Cr
₹67 Cr
₹106 Cr
₹220 Cr
₹194 Cr
₹287 Cr

Team Lease Services Ltd · TEAMLEASE

₹102 Cr
₹40 Cr
₹31 Cr
₹147 Cr
₹28 Cr
₹51 Cr
₹83 Cr
₹37 Cr
₹95 Cr
₹64 Cr

Free cash flow · fiscal-year history

BLS International Services Ltd · BLS

₹-32 Cr
₹45 Cr
₹109 Cr
₹117 Cr
₹39 Cr
₹104 Cr
₹121 Cr
₹257 Cr
₹-326 Cr
₹460 Cr

CMS Info Systems Ltd · CMSINFO

—
—
₹-71 Cr
₹111 Cr
₹-4 Cr
₹-73 Cr
₹180 Cr
₹325 Cr
₹155 Cr
₹-65 Cr

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
—
₹35 Cr
₹21 Cr
₹-19 Cr
₹39 Cr
₹42 Cr
₹36 Cr

eMudhra Ltd · EMUDHRA

₹3 Cr
₹-1 Cr
₹-28 Cr
₹-4 Cr
₹5 Cr
₹-22 Cr
₹-31 Cr
₹-43 Cr
₹-54 Cr
₹-221 Cr

Indegene Ltd · INDGN

—
—
—
₹-12 Cr
₹179 Cr
₹212 Cr
₹-456 Cr
₹450 Cr
₹326 Cr
₹-617 Cr

Kapston Services Ltd · KAPSTON⚠ unverified

₹0 Cr
₹-7 Cr
₹-12 Cr
₹-25 Cr
₹12 Cr
₹-26 Cr
₹2 Cr
₹0 Cr
₹-54 Cr
₹1 Cr

PDS Ltd · PDSL

₹96 Cr
₹-31 Cr
₹121 Cr
₹98 Cr
₹342 Cr
₹340 Cr
₹404 Cr
₹-30 Cr
₹-231 Cr
₹494 Cr

Team Lease Services Ltd · TEAMLEASE

₹-66 Cr
₹39 Cr
₹-43 Cr
₹-137 Cr
₹275 Cr
₹-57 Cr
₹43 Cr
₹81 Cr
₹9 Cr
₹238 Cr
05 · compare level, then change

Debt Load & Balance-Sheet Headroom

Ecos (India) Mobility & Hospitality Ltd has the lowest Gross debt among the 8 Services - Others companies compared here, at ₹8 crore. eMudhra Ltd is next at ₹29 crore. Indegene Ltd has the lowest Net debt at ₹1,323 crore net cash, so level and change sit with different companies.

What the numbers say: Indegene Ltd has the clearest covered balance-sheet capacity with ₹1,323 crore net cash and gross debt of ₹144 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderEcos (India) Mobility & Hospitality Ltd · ₹8 crore
Gap72.4% versus #2 · eMudhra Ltd
Persistence8/8 recent comparable periods
Coverage8/8 companies · 98 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified₹8 Cr
2eMudhra Ltd EMUDHRA₹29 Cr
3Team Lease Services Ltd TEAMLEASE₹116 Cr
4Indegene Ltd INDGN₹144 Cr
5Kapston Services Ltd KAPSTON⚠ unverified₹184 Cr
Net debtlowest net debt
1Indegene Ltd INDGN₹-1.3K Cr
2CMS Info Systems Ltd CMSINFO₹-225 Cr
3Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified₹-129 Cr
4eMudhra Ltd EMUDHRA₹-80 Cr
5Kapston Services Ltd KAPSTON⚠ unverified₹169 Cr
Debt and balance-sheet capacity · company comparison
8/8 level · 5/8 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGross debtNet debtReported
PDS Ltd PDSL₹1.3K Cr—Mar 2026
BLS International Services Ltd BLS₹431 Cr—Mar 2026
CMS Info Systems Ltd CMSINFO₹221 Cr₹-225 CrMar 2026
Kapston Services Ltd KAPSTON⚠ unverified₹184 Cr₹169 CrMar 2026
Indegene Ltd INDGN₹144 Cr₹-1.3K CrMar 2026
Team Lease Services Ltd TEAMLEASE₹116 Cr—Mar 2026
eMudhra Ltd EMUDHRA₹29 Cr₹-80 CrMar 2026
Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified₹8 Cr₹-129 CrMar 2026
Full 20-quarter history · every available company

Gross debt · reported quarter history

BLS International Services Ltd · BLS

—
—
—
₹11 Cr
—
—
—
₹7 Cr
—
—
—
₹31 Cr
—
—
—
₹359 Cr
—
₹404 Cr
—
₹431 Cr

CMS Info Systems Ltd · CMSINFO

—
—
—
₹0 Cr
₹193 Cr
₹212 Cr
₹212 Cr
₹0 Cr
₹203 Cr
₹188 Cr
₹188 Cr
₹0 Cr
₹181 Cr
₹186 Cr
₹186 Cr
₹0 Cr
₹190 Cr
₹223 Cr
₹223 Cr
₹221 Cr

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
₹4 Cr
—
—
—
₹38 Cr
₹38 Cr
₹30 Cr
—
₹30 Cr
₹30 Cr
₹21 Cr
₹21 Cr
₹14 Cr
₹14 Cr
₹8 Cr
₹8 Cr
₹8 Cr

eMudhra Ltd · EMUDHRA

₹51 Cr
₹60 Cr
₹67 Cr
₹67 Cr
₹67 Cr
₹33 Cr
₹33 Cr
₹25 Cr
₹25 Cr
₹26 Cr
₹26 Cr
₹8 Cr
₹8 Cr
—
—
₹0 Cr
—
₹16 Cr
₹16 Cr
₹29 Cr

Indegene Ltd · INDGN

—
—
—
₹66 Cr
₹62 Cr
—
—
₹502 Cr
—
—
₹491 Cr
₹490 Cr
₹490 Cr
₹88 Cr
₹88 Cr
₹102 Cr
₹102 Cr
₹122 Cr
₹122 Cr
₹144 Cr

Kapston Services Ltd · KAPSTON⚠ unverified

₹44 Cr
₹73 Cr
₹73 Cr
₹85 Cr
₹85 Cr
₹90 Cr
₹90 Cr
₹92 Cr
₹92 Cr
₹101 Cr
₹101 Cr
₹102 Cr
₹102 Cr
₹129 Cr
₹129 Cr
₹169 Cr
₹169 Cr
₹175 Cr
₹175 Cr
₹184 Cr

PDS Ltd · PDSL

—
—
—
₹740 Cr
—
—
—
₹719 Cr
—
—
—
₹1.1K Cr
—
—
—
₹1.2K Cr
—
₹1.2K Cr
—
₹1.3K Cr

Team Lease Services Ltd · TEAMLEASE

—
—
—
₹60 Cr
—
—
—
₹100 Cr
—
—
—
₹105 Cr
—
—
—
₹118 Cr
—
₹128 Cr
—
₹116 Cr

Net debt · reported quarter history

CMS Info Systems Ltd · CMSINFO

—
—
—
₹-62 Cr
₹-72 Cr
₹-23 Cr
₹-23 Cr
₹-175 Cr
₹-199 Cr
₹-255 Cr
₹-255 Cr
₹-444 Cr
₹-444 Cr
₹-460 Cr
₹-460 Cr
₹-566 Cr
₹-596 Cr
₹-223 Cr
₹-223 Cr
₹-225 Cr

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
—
—
—
—
—
₹-7 Cr
₹-27 Cr
—
₹-64 Cr
₹-64 Cr
₹-98 Cr
₹-98 Cr
₹-95 Cr
₹-97 Cr
₹-92 Cr
₹-92 Cr
₹-129 Cr

eMudhra Ltd · EMUDHRA

₹43 Cr
₹48 Cr
₹53 Cr
₹59 Cr
₹54 Cr
₹-108 Cr
₹-108 Cr
₹-94 Cr
₹-94 Cr
₹-36 Cr
₹-36 Cr
₹-241 Cr
₹-241 Cr
—
—
—
—
₹-86 Cr
₹-86 Cr
₹-80 Cr

Indegene Ltd · INDGN

—
—
—
—
₹-545 Cr
—
—
₹-193 Cr
—
—
₹-459 Cr
₹-498 Cr
₹-498 Cr
₹-1.4K Cr
₹-1.4K Cr
₹-1.6K Cr
₹-1.6K Cr
₹-1.1K Cr
₹-1.1K Cr
₹-1.3K Cr

Kapston Services Ltd · KAPSTON⚠ unverified

₹38 Cr
₹61 Cr
₹61 Cr
₹79 Cr
₹79 Cr
₹84 Cr
₹84 Cr
₹86 Cr
₹86 Cr
₹93 Cr
₹93 Cr
₹96 Cr
₹95 Cr
₹121 Cr
₹121 Cr
₹161 Cr
₹160 Cr
₹163 Cr
₹163 Cr
₹169 Cr
06 · compare level, then change

Return On Capital Employed

Ecos (India) Mobility & Hospitality Ltd has the highest ROCE among the 8 Services - Others companies compared here, at 30.3%. BLS International Services Ltd is next at 29.3%. Kapston Services Ltd has the highest ROCE change at +5.2 percentage points, so level and change sit with different companies. Its ROCE series carries 10 reported observations across the 20-quarter window.

What the numbers say: Ecos (India) Mobility & Hospitality Ltd leads ROCE at 30.3%, 1 percentage points above BLS International Services Ltd. Kapston Services Ltd has the strongest latest improvement at +5.2 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderEcos (India) Mobility & Hospitality Ltd · 30.3%
Gap3.4% versus #2 · BLS International Services Ltd
Persistence1/6 recent comparable periods
Coverage8/8 companies · 67 observations

Investor read: Ecos (India) Mobility & Hospitality Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified30%
2BLS International Services Ltd BLS29%
3Indegene Ltd INDGN19%
4CMS Info Systems Ltd CMSINFO18%
5eMudhra Ltd EMUDHRA16%
ROCE changefastest improvers
1Kapston Services Ltd KAPSTON⚠ unverified+5.2 pp
2Team Lease Services Ltd TEAMLEASE+2.0 pp
3eMudhra Ltd EMUDHRA−1.1 pp
4Indegene Ltd INDGN−2.3 pp
5PDS Ltd PDSL−4.0 pp
Return on capital · company comparison
8/8 level · 8/8 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

Withheld from this chart: BLS International Services Ltd (BLS) — its two data sources disagree by up to 9.5% on reported income across 14 comparable periods, so its derived ratios are withheld; PDS Ltd (PDSL) — its two data sources disagree by up to 46% on reported income across 14 comparable periods, so its derived ratios are withheld; Team Lease Services Ltd (TEAMLEASE) — its two data sources disagree by up to 6.8% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROCEROCE changeReported
Kapston Services Ltd KAPSTON⚠ unverified25%+5.2 ppMar 2026
Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified24%−7.4 ppMar 2026
CMS Info Systems Ltd CMSINFO15%−4.4 ppMar 2026
Indegene Ltd INDGN14%−2.3 ppMar 2026
eMudhra Ltd EMUDHRA12%−1.1 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

CMS Info Systems Ltd · CMSINFO

—
—
—
22%
—
23%
—
23%
—
23%
27%
21%
26%
20%
25%
19%
23%
18%
19%
15%

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
—
—
—
—
—
—
23%
—
37%
44%
34%
45%
31%
38%
29%
35%
24%

eMudhra Ltd · EMUDHRA

—
21%
27%
28%
—
17%
—
18%
—
18%
21%
13%
18%
13%
19%
13%
16%
12%
16%
12%

Indegene Ltd · INDGN

—
—
—
—
9.9%
—
—
10%
—
—
21%
22%
29%
19%
25%
16%
25%
16%
21%
14%

Kapston Services Ltd · KAPSTON⚠ unverified

—
15%
—
11%
—
13%
—
15%
—
20%
24%
24%
28%
23%
30%
20%
29%
22%
31%
25%

ROCE change · reported quarter history

CMS Info Systems Ltd · CMSINFO

—
—
—
—
—
—
—
+1.8 pp
—
+0.2 pp
—
−2.1 pp
—
−3.2 pp
−2.7 pp
−2.1 pp
−2.5 pp
−2.5 pp
−6.0 pp
−4.4 pp

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
+10.1 pp
—
−6.0 pp
−6.4 pp
−4.7 pp
−10.0 pp
−7.4 pp

eMudhra Ltd · EMUDHRA

—
—
—
—
—
−4.5 pp
—
−10.5 pp
—
+1.5 pp
—
−4.4 pp
—
−4.7 pp
−2.5 pp
−0.3 pp
−2.3 pp
−1.2 pp
−2.6 pp
−1.1 pp

Indegene Ltd · INDGN

—
—
—
—
—
—
—
—
—
—
—
+12.0 pp
—
—
+4.7 pp
−5.9 pp
−4.4 pp
−2.5 pp
−4.2 pp
−2.3 pp

Kapston Services Ltd · KAPSTON⚠ unverified

—
—
—
—
—
−2.5 pp
—
+4.2 pp
—
+7.1 pp
—
+9.0 pp
—
+3.0 pp
+5.6 pp
−4.0 pp
+0.2 pp
−0.6 pp
+1.3 pp
+5.2 pp
07 · compare level, then change

Valuation Against Growth & Quality

eMudhra Ltd has the lowest Guarded PEG among the 8 Services - Others companies compared here, at 1.21×. Indegene Ltd is next at 1.99×. Ecos (India) Mobility & Hospitality Ltd has the lowest P/E at 13.2×, so level and change sit with different companies. 3 of 8 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: eMudhra Ltd has the lowest comparable Guarded PEG at 1.21×, 39.2% below Indegene Ltd. Only 3 of 8 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeadereMudhra Ltd · 1.21×
Gap39.2% versus #2 · Indegene Ltd
Persistence0/8 recent comparable periods
Coverage3/8 companies · 33 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1eMudhra Ltd EMUDHRA1.2
2Indegene Ltd INDGN2.0
3CMS Info Systems Ltd CMSINFO2.8
P/Elowest P/E
1Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified13.2
2BLS International Services Ltd BLS14.0
3CMS Info Systems Ltd CMSINFO14.6
4Team Lease Services Ltd TEAMLEASE15.2
5Indegene Ltd INDGN28.6
Valuation · company comparison
3/8 level · 8/8 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGuarded PEGP/EReported
CMS Info Systems Ltd CMSINFO2.813.5Mar 2026
Indegene Ltd INDGN2.024.7Mar 2026
eMudhra Ltd EMUDHRA1.231.0Mar 2026
BLS International Services Ltd BLS—16.0Mar 2026
PDS Ltd PDSL—36.3Mar 2026
Team Lease Services Ltd TEAMLEASE—14.3Mar 2026
Kapston Services Ltd KAPSTON⚠ unverified—32.0Mar 2026
Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified—11.4Mar 2026
Full 20-quarter history · every available company

Guarded PEG · reported quarter history

CMS Info Systems Ltd · CMSINFO

—
—
0.4
2.2
0.5
0.5
0.8
0.7
—
0.7
0.9
1.4
1.6
2.8
—
—
—
—
—
—

eMudhra Ltd · EMUDHRA

—
—
—
—
3.2
1.2
1.4
0.9
—
7.9
2.7
4.1
6.2
7.1
5.0
8.4
6.0
3.8
3.4
1.2

Indegene Ltd · INDGN

—
—
—
—
—
—
—
—
—
—
—
—
1.6
3.3
—
2.4
2.2
2.0
1.8
2.0

P/E · reported quarter history

BLS International Services Ltd · BLS

26.5
33.1
22.8
24.6
35.7
47.6
47.0
36.0
41.6
42.2
48.3
45.5
46.1
42.9
47.2
36.0
30.8
24.4
21.9
16.0

CMS Info Systems Ltd · CMSINFO

—
—
21.0
22.5
19.6
16.6
17.9
15.1
19.1
17.3
18.3
18.1
22.4
26.4
22.1
20.6
21.8
16.6
15.8
13.5

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
48.8
27.9
19.1
30.6
25.7
20.3
11.4

eMudhra Ltd · EMUDHRA

—
—
—
—
96.2
55.1
45.6
29.0
54.4
57.6
54.1
84.6
94.1
91.1
94.0
86.4
73.8
57.1
52.4
31.0

Indegene Ltd · INDGN

—
—
—
—
—
—
—
—
—
—
—
—
36.9
43.2
37.3
35.6
32.8
31.7
28.0
24.7

Kapston Services Ltd · KAPSTON⚠ unverified

21.1
38.6
68.4
42.2
39.9
28.6
24.9
27.3
22.0
18.9
23.7
19.6
29.1
33.4
42.9
35.8
27.3
24.5
25.2
32.0

PDS Ltd · PDSL

30.3
22.4
21.9
19.2
17.2
16.9
16.5
15.2
16.7
23.9
33.1
40.1
50.2
46.4
51.6
37.1
36.1
30.8
46.6
36.3

Team Lease Services Ltd · TEAMLEASE

75.8
87.5
78.7
67.5
47.8
46.3
36.3
32.5
37.6
39.1
49.9
43.0
45.5
50.1
48.0
30.0
31.3
26.2
22.3
14.3
08 · compare level, then change

Enterprise Value & Book Value

Ecos (India) Mobility & Hospitality Ltd has the lowest EV/EBITDA among the 8 Services - Others companies compared here, at 6.2×. CMS Info Systems Ltd is next at 6.9×. CMS Info Systems Ltd has the lowest P/BV at 1.85×, so level and change sit with different companies. 8 of 8 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Ecos (India) Mobility & Hospitality Ltd leads ev/ebitda at 6.2×; CMS Info Systems Ltd leads p/bv at 1.85×.

LeaderEcos (India) Mobility & Hospitality Ltd · 6.2×
Gap10.1% versus #2 · CMS Info Systems Ltd
Persistence0/7 recent comparable periods
Coverage8/8 companies · 129 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified6.2
2CMS Info Systems Ltd CMSINFO6.9
3PDS Ltd PDSL8.2
4Team Lease Services Ltd TEAMLEASE8.2
5BLS International Services Ltd BLS10.8
P/BVlowest P/BV
1CMS Info Systems Ltd CMSINFO1.9
2Team Lease Services Ltd TEAMLEASE2.1
3PDS Ltd PDSL2.8
4Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified2.9
5Indegene Ltd INDGN3.8
Enterprise and book valuation · company comparison
8/8 level · 8/8 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyEV/EBITDAP/BVReported
Kapston Services Ltd KAPSTON⚠ unverified24.68.4Mar 2026
eMudhra Ltd EMUDHRA19.33.9Mar 2026
Indegene Ltd INDGN15.33.8Mar 2026
BLS International Services Ltd BLS10.84.8Mar 2026
PDS Ltd PDSL8.22.2Mar 2026
Team Lease Services Ltd TEAMLEASE8.22.0Mar 2026
CMS Info Systems Ltd CMSINFO6.91.9Mar 2026
Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified6.22.9Mar 2026
Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

BLS International Services Ltd · BLS

18.8
27.9
18.6
21.4
30.4
40.7
39.3
31.1
34.0
33.4
38.1
34.9
36.2
32.1
35.3
25.5
20.7
17.0
14.8
10.8

CMS Info Systems Ltd · CMSINFO

—
—
10.8
12.0
10.5
9.5
10.0
7.9
10.0
9.2
10.1
10.4
12.4
14.4
12.3
11.3
11.6
8.7
8.5
6.9

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
29.0
16.4
10.9
18.2
14.7
11.3
6.2

eMudhra Ltd · EMUDHRA

—
—
—
—
46.9
35.7
29.4
20.4
35.5
37.2
34.5
58.9
58.7
57.9
60.2
52.8
46.4
36.4
32.8
19.3

Indegene Ltd · INDGN

—
—
—
—
—
—
—
—
—
—
—
—
23.6
27.1
22.4
21.3
20.4
20.3
17.9
15.3

Kapston Services Ltd · KAPSTON⚠ unverified

8.6
9.2
16.3
15.0
19.7
17.0
14.4
15.6
13.8
14.6
17.4
15.4
20.7
20.9
27.3
23.6
20.4
19.0
20.0
24.6

PDS Ltd · PDSL

10.6
10.5
12.7
12.1
10.8
10.3
10.2
8.9
8.9
11.7
15.3
14.7
16.8
16.8
17.7
13.3
12.0
10.1
11.3
8.2

Team Lease Services Ltd · TEAMLEASE

46.2
53.7
47.7
41.6
30.5
29.9
24.3
21.4
23.8
24.9
30.3
25.1
27.2
28.7
26.1
15.8
17.4
15.5
12.6
8.2

P/BV · reported quarter history

BLS International Services Ltd · BLS

3.1
5.1
3.8
4.8
8.7
8.8
10.3
11.3
14.2
12.8
13.8
13.6
17.9
12.7
13.8
11.4
12.9
8.0
6.2
4.8

CMS Info Systems Ltd · CMSINFO

—
—
—
3.2
2.7
3.0
3.5
3.4
4.5
3.5
3.5
3.6
4.8
4.9
3.8
3.6
4.1
2.8
2.4
1.9

Ecos (India) Mobility & Hospitality Ltd · ECOSMOBLTY⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
14.2
9.0
6.0
8.3
6.9
5.1
2.9

eMudhra Ltd · EMUDHRA

—
—
—
—
12.9
7.0
6.8
4.7
8.6
9.3
8.4
14.1
10.8
11.1
11.2
10.2
8.4
7.0
6.1
3.9

Indegene Ltd · INDGN

—
—
—
—
—
—
—
—
—
—
—
—
9.3
7.0
6.1
5.9
5.2
5.3
4.4
3.8

Kapston Services Ltd · KAPSTON⚠ unverified

1.8
1.7
2.5
2.0
2.7
2.5
2.2
2.4
2.5
2.8
3.9
3.4
5.3
5.4
6.8
5.7
5.5
5.7
5.9
8.4

PDS Ltd · PDSL

4.6
5.0
6.3
6.4
6.6
4.1
4.8
5.0
5.0
5.6
6.6
5.7
6.8
5.8
4.9
3.9
4.5
2.8
3.0
2.2

Team Lease Services Ltd · TEAMLEASE

10.6
11.8
11.3
10.5
8.0
6.8
5.7
5.5
6.2
5.5
7.2
6.2
6.3
6.5
5.7
3.6
4.3
3.3
2.7
2.0
09 · let price answer last

Market action

Kapston Services Ltd has the strongest one-year price move in Services - Others at +156%. It also leads on Mansfield relative strength against NIFTY at +66.3%. 2 of 8 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Services - Others comparison names 7 specific ways its own evidence can mislead, all listed below. All 8 companies here report on comparable dates, so no rank carries a stale marker. 2 draw at least one figure from a second feed with too little overlap to cross-check. 3 have second-feed figures withheld because the two sources disagree.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 2 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
  • 3 companies are missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
  • Thin comparisons: Capital expenditure have fewer than three usable current readings.
10 · the complete set

Which companies are included?

All 8 companies in the canonical Services - Others membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentalsSource standing
Indegene Ltd INDGN₹11.9K Cr₹4932026-07-19Mar 2026Cross-checked
BLS International Services Ltd BLSLAGGING, FUNDAMENTALS UP₹9.6K Cr₹2342026-07-19Mar 2026Second feed withheld
PDS Ltd PDSLAHEAD₹5.0K Cr₹3522026-07-19Mar 2026Second feed withheld
CMS Info Systems Ltd CMSINFO₹4.5K Cr₹2742026-07-19Mar 2026Cross-checked
eMudhra Ltd EMUDHRALAGGING, FUNDAMENTALS UP₹3.8K Cr₹4562026-07-19Mar 2026Cross-checked
Team Lease Services Ltd TEAMLEASEAHEADLAGGING, FUNDAMENTALS UP₹2.2K Cr₹1,3142026-07-19Mar 2026Second feed withheld
Kapston Services Ltd KAPSTONAHEAD26/26 WEEKS⚠ unverified₹1.4K Cr₹4612026-07-19Mar 2026Includes unverified figures
Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified₹761 Cr₹1272026-07-19Mar 2026Includes unverified figures
How each company's sources stand: 2 of 8 companies draw at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear. 3 of 8 companies have a second data feed that is known to disagree with the primary source, so nothing from it is drawn: BLS International Services Ltd (BLS) — its two data sources disagree by up to 9.5% on reported income across 14 comparable periods, so its derived ratios are withheld; PDS Ltd (PDSL) — its two data sources disagree by up to 46% on reported income across 14 comparable periods, so its derived ratios are withheld; Team Lease Services Ltd (TEAMLEASE) — its two data sources disagree by up to 6.8% on reported income across 14 comparable periods, so its derived ratios are withheld.
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 8 Services - Others companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Mar 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Mar 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing3 cross-checked · 2 unverified · 3 withheld, of 8 graded companies.

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.

Questions investors ask · short, speakable answers

Services - Others company comparison FAQs

These 18 answers restate the Services - Others comparison above in question form. Every one is computed from the same 8 companies and the same reported filings as the rankings and charts, current through Mar 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.

What is the Nifty Services - Others index?

The Nifty Services - Others index tracks India's listed Services - Others companies as a single basket. This page follows the same 8 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Services - Others sector rather than to its largest constituent. Figures are as of Mar 2026.

Which are the best Services - Others stocks in India?

Ranked by this page's four-factor score, Kapston Services Ltd places first among 8 listed Services - Others companies, followed by Team Lease Services Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Mar 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Services - Others stocks are listed in India?

This comparison covers 8 listed Services - Others companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Mar 2026.

Which Services - Others company is the biggest?

PDS Ltd is the largest, with trailing-twelve-month revenue of ₹13,109 crore, ahead of Team Lease Services Ltd at ₹11,838 crore. That covers 8 of 8 companies with comparable reporting through Mar 2026.

Which Services - Others company is growing fastest?

BLS International Services Ltd has the fastest revenue growth at 36.7% year on year, across 8 of 8 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Services - Others company has the best profit margins?

BLS International Services Ltd has the highest operating margin at 25%, from 8 of 8 comparable companies. Kapston Services Ltd shows the biggest recent improvement, at +1.2 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Services - Others company makes the most profit?

BLS International Services Ltd earns the most, at ₹724 crore of trailing-twelve-month net profit, from 8 of 8 comparable companies. Kapston Services Ltd has the fastest profit growth at 57.8%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Services - Others company earns the highest return on capital?

Ecos (India) Mobility & Hospitality Ltd leads on return on capital employed at 30.3%, across 8 of 8 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Services - Others stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — eMudhra Ltd screens cheapest at 1.21×. Only 3 of 8 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Services - Others company has the strongest balance sheet?

Ecos (India) Mobility & Hospitality Ltd carries the lowest comparable gross debt at ₹8 crore, from 8 of 8 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Services - Others stock has the strongest price momentum?

Kapston Services Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Services - Others company scores highest for research priority?

Kapston Services Ltd scores 62 out of 100 with 80% evidence confidence, from 29.9 points on growth and earnings, 8.8 on capital efficiency, 8.5 on valuation and 14.8 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Services - Others companies does this comparison cover, and over what period?

It compares 8 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Mar 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Services - Others sector?

The 8 Services - Others companies on this page carry ₹39,125 crore of combined market value. Indegene Ltd is the largest at ₹11,869 crore, about 30% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.

What is the Services - Others sector's P/E ratio?

The median price-to-earnings ratio across the 8 Services - Others companies on this page is 28.6×, measured on the 8 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-29.

How is the Services - Others sector performing?

2 of the 8 covered Services - Others companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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