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.

The 8 Services - Others companies listed in India are Indegene Ltd (₹13.9K Cr, the largest), BLS International Services Ltd, PDS Ltd and 5 more. 3 of 8 covered companies beat NIFTY 500 on relative strength. Readings are as of 17 Sep 2026.

All 8 Services - Others Stocks in India (Sep 2026) — ranked by 4-Factor score

1Kapston Services Ltd₹1.8K Cr65.7/100Favorable setup · strongest on profit growth and ROCE improvement
2eMudhra Ltd₹4.1K Cr61.9/100Mixed-positive evidence · strongest on own-history P/E and margin improvement
3Indegene Ltd₹13.9K Cr55.5/100Mixed-positive evidence · strongest on relative strength versus sector and revenue growth
4BLS International Services Ltd₹9.5K Cr53.3/100Mixed-positive evidence · strongest on ROCE and revenue growth
5Team Lease Services Ltd₹1.9K Cr46.9/100Mixed-negative evidence · strongest on profit growth and own-history P/E
6Ecos (India) Mobility & Hospitality Ltd₹670 Cr44.2/100Mixed-negative evidence · strongest on ROCE and financial resilience
7PDS Ltd₹4.9K Cr42.8/100Mixed-negative evidence · strongest on relative strength versus sector and relative strength versus the benchmark
8CMS Info Systems Ltd₹3.6K Cr42.4/100Mixed-negative evidence · strongest on own-history P/E and margin improvement

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 11 Sep 2026. Not investment advice.

01 · the index people search for

Nifty Services - Others Index — Constituents & Performance

All 8 listed Indian Services - Others companies are named here, largest first — the same constituent set people search for as the Nifty Services - Others index. Every figure is equal-weighted across those companies and carries its own as-of date. One large constituent cannot set the reading.

Indegene Ltd₹13.9K Cr
BLS International Services Ltd₹9.5K Cr
PDS Ltd₹4.9K Cr
eMudhra Ltd₹4.1K Cr
CMS Info Systems Ltd₹3.6K Cr
Team Lease Services Ltd₹1.9K Cr
Kapston Services Ltd₹1.8K Cr
Ecos (India) Mobility & Hospitality Ltd₹670 Cr

02 · the sector itself · before any single company

How has Services - Others moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 26% behind NIFTY 500. Earnings across its companies grew 14% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 19 weeks running.

BREAKING OUT · ahead 19w~Fundamentals up, price down4 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 ↑19w · 4/8 >200d (−1) · 4/8 lead (+0) · EPS 4/8↑

Services - Others, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

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.

03 · sector relative strength, before individual stocks

Is Services - Others outperforming NIFTY 500?

Services - Others has underperformed NIFTY 500 by 11.3% over the last 52 weeks. Over 13 weeks the gap is a lead of 5.3%. 3 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 +90.4%. Readings are as of 2026-08-22.

+5.3%Sector vs NIFTY 500 · 13 weeks

-11.3%Sector vs NIFTY 500 · 52 weeks

3/8Stocks leading NIFTY 500

3/8Stocks leading sector

Sector metric: 28.7 as of 2026-08-22 · BROADENING · 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

Services - Others has underperformed NIFTY 500 by 11.3% over 52 weeks and 5.3% over 13 weeks. 3 of 8 covered companies beat NIFTY on Mansfield relative strength, while 3 of 8 beat the sector itself. PDS Ltd leads with revenue of ₹13,554 crore, based on 8 of 8 comparable companies through Jun 2026.

Companies

complete canonical membership

Combined market value

₹40.4K Cr

Indegene Ltd

Revenue growing

8/8

positive TTM year-on-year growth

Beating NIFTY 500

3/8

positive Mansfield relative strength

Comparing 5 of 8

04 · 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.

Indegene Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

Company	Score	Price stage	Growth & earnings/35	Capital efficiency/25	Valuation/20	Relative strength/20
1Kapston Services LtdKAPSTON	65.7/100Favorable setup80% evidence	LEADER	28.7/35 Revenue 18.5% · PAT 47.8% · OPM change 1.8 pp 95% evidence	8.5/25 ROCE 14.9% · OPM 6.6% 95% evidence	8.5/20 P/E 58.7× · PEG — 15% evidence	20.0/20 RS sector 90.4% · RS bench 92.8% · 1Y 263.9%12 of 12 weeks ahead 100% evidence
Exact sum: 28.7 + 8.5 + 8.5 + 20 = 65.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2eMudhra LtdEMUDHRA	61.9/100Mixed-positive evidence100% evidence	BREAKING OUT	25.8/35 Revenue 29.8% · PAT 25.8% · OPM change 2 pp 100% evidence	12.0/25 ROCE 15.7% · OPM 26% 100% evidence	13.5/20 P/E 35.6× · PEG 1.48 100% evidence	10.6/20 RS sector -4.5% · RS bench -4.6% · 1Y -29.2%5 of 12 weeks ahead 100% evidence
Exact sum: 25.8 + 12 + 13.5 + 10.6 = 61.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Indegene LtdINDGN	55.5/100Mixed-positive evidence93% evidence	BREAKING OUT	13.7/35 Revenue 30.4% · PAT -8% · OPM change -4 pp 100% evidence	16.4/25 ROCE 18.8% · OPM 16% 100% evidence	8.3/20 P/E 33.5× · PEG 1.99 65% evidence	17.1/20 RS sector 12.8% · RS bench 13.2% · 1Y 3%4 of 12 weeks ahead 100% evidence
Exact sum: 13.7 + 16.4 + 8.3 + 17.1 = 55.5 · Decision use: Price leads the evidence: RS versus the benchmark is 13.2%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
4BLS International Services LtdBLS	53.3/100Mixed-positive evidence82% evidence	ASLEEP	17.5/35 Revenue 31.8% · PAT 24.2% · OPM change -1 pp 95% evidence	20.8/25 ROCE 29.3% · OPM 28% 76% evidence	12.5/20 P/E 13.5× · PEG — 50% evidence	2.5/20 RS sector -17.3% · RS bench -17.1% · 1Y -36.8%1 of 12 weeks ahead 100% evidence
Exact sum: 17.5 + 20.8 + 12.5 + 2.5 = 53.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Team Lease Services LtdTEAMLEASE	46.9/100Mixed-negative evidence82% evidence	BASING	21.2/35 Revenue 4.5% · PAT 29.3% · OPM change -0.1 pp 95% evidence	8.5/25 ROCE 14.6% · OPM 1% 76% evidence	14.1/20 P/E 12.4× · PEG — 50% evidence	3.1/20 RS sector -12.1% · RS bench -12% · 1Y -33.1%5 of 12 weeks ahead 100% evidence
Exact sum: 21.2 + 8.5 + 14.1 + 3.1 = 46.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Ecos (India) Mobility & Hospitality LtdECOSMOBLTY	44.2/100Mixed-negative evidence74% evidence	BASING	10.6/35 Revenue 22.2% · PAT 0% · OPM change -2 pp 95% evidence	19.1/25 ROCE 28% · OPM 10% 95% evidence	11.5/20 P/E 11.4× · PEG — 15% evidence	3.0/20 RS sector -34.5% · RS bench -32% · 1Y -60.2%1 of 10 weeks ahead 70% evidence
Exact sum: 10.6 + 19.1 + 11.5 + 3 = 44.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7PDS LtdPDSL	42.8/100Mixed-negative evidence75% evidence	LEADER	11.7/35 Revenue 4.6% · PAT -18.8% · OPM change 1.1 pp 95% evidence	7.2/25 ROCE 12.5% · OPM 2.8% 76% evidence	8.9/20 P/E 41.9× · PEG — 15% evidence	15.0/20 RS sector 5.8% · RS bench 6.2% · 1Y 7.5%12 of 12 weeks ahead 100% evidence
Exact sum: 11.7 + 7.2 + 8.9 + 15 = 42.8 · Decision use: Price leads the evidence: RS versus the benchmark is 6.2%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
8CMS Info Systems LtdCMSINFO	42.4/100Mixed-negative evidence94% evidence	ASLEEP	10.1/35 Revenue 1.8% · PAT -22.1% · OPM change 2 pp 100% evidence	16.1/25 ROCE 17.9% · OPM 27% 100% evidence	10.2/20 P/E 12× · PEG 2.81 100% evidence	6.0/20 RS sector -11% · RS bench -27.4% · 1Y -46.4%0 of 10 weeks ahead 70% evidence
Exact sum: 10.1 + 16.1 + 10.2 + 6 = 42.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

05 · what price has already done

Market action

Kapston Services Ltd has the strongest one-year price move in Services - Others at +263.9%. It also leads on Mansfield relative strength against NIFTY at +92.8%. 3 of 8 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-09-11.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · the story behind the numbers

Services - Others — the story behind the numbers

This is the written read behind the Services - Others figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 22 Aug 2026. It also states what would change this read.

How old this read is: This read comes from our fortnightly sector read dated 22 Aug 2026, so the words here and the numbers above them cover the same few weeks.

What would change this read

One company MEETING a lowered target instead of lowering it again.

Sources: our fortnightly Services - Others read, 22 Aug 2026.

07 · compare level, then change

Revenue Scale & Growth Durability

PDS Ltd has the highest Revenue among the 8 Services - Others companies compared here, at ₹13,554 crore. Team Lease Services Ltd is next at ₹11,982 crore. BLS International Services Ltd has the highest Revenue growth at 31.8%, so level and change sit with different companies. 8 of 8 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: PDS Ltd is the scale leader at ₹13,554 crore, 13.1% ahead of Team Lease Services Ltd. BLS International Services Ltd's growth is 31.8% from a ₹3,179 crore base, with 15 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderPDS Ltd · ₹13,554 crore

Gap13.1% versus #2 · Team Lease Services Ltd

Persistence7/8 recent comparable periods

Coverage8/8 companies · 128 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₹13.6K Cr

2Team Lease Services Ltd TEAMLEASE₹12.0K Cr

3Indegene Ltd INDGN₹3.8K Cr

4BLS International Services Ltd BLS₹3.2K Cr

5CMS Info Systems Ltd CMSINFO₹2.5K Cr

Revenue growthfastest growers

1BLS International Services Ltd BLS32%

2Indegene Ltd INDGN30%

3eMudhra Ltd EMUDHRA30%

4Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified22%

5Kapston Services Ltd KAPSTON⚠ unverified19%

Revenue · company comparison

8/8 level · 8/8 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	Revenue	Revenue growth	Reported
PDS Ltd PDSL	₹3.4K Cr	15%	Jun 2026
Team Lease Services Ltd TEAMLEASE	₹3.0K Cr	5.0%	Jun 2026
Indegene Ltd INDGN	₹1.1K Cr	40%	Jun 2026
BLS International Services Ltd BLS	₹891 Cr	25%	Jun 2026
CMS Info Systems Ltd CMSINFO	₹635 Cr	1.3%	Jun 2026
Kapston Services Ltd KAPSTON⚠ unverified	₹222 Cr	16%	Jun 2026
Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified	₹211 Cr	17%	Jun 2026
eMudhra Ltd EMUDHRA	₹191 Cr	30%	Jun 2026

Full 20-quarter history · every available company

Revenue · reported quarter history

BLS International Services Ltd · BLS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹438 Cr

Mar 2023₹449 Cr

Jun 2023₹383 Cr

Sep 2023₹408 Cr

Dec 2023₹438 Cr

Mar 2024₹448 Cr

Jun 2024₹493 Cr

Sep 2024₹495 Cr

Dec 2024₹513 Cr

Mar 2025₹693 Cr

Jun 2025₹711 Cr

Sep 2025₹737 Cr

Dec 2025₹736 Cr

Mar 2026₹815 Cr

Jun 2026₹891 Cr

CMS Info Systems Ltd · CMSINFO

Sep 2021₹372 Cr

Dec 2021₹404 Cr

Mar 2022₹444 Cr

Jun 2022₹453 Cr

Sep 2022₹472 Cr

Dec 2022₹488 Cr

Mar 2023₹501 Cr

Jun 2023₹512 Cr

Sep 2023₹544 Cr

Dec 2023₹582 Cr

Mar 2024₹627 Cr

Jun 2024₹599 Cr

Sep 2024₹625 Cr

Dec 2024₹581 Cr

Mar 2025₹619 Cr

Jun 2025₹627 Cr

Sep 2025₹609 Cr

Dec 2025₹618 Cr

Mar 2026₹633 Cr

Jun 2026₹635 Cr

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

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023₹131 Cr

Sep 2023₹138 Cr

Dec 2023₹137 Cr

Mar 2024₹149 Cr

Jun 2024₹149 Cr

Sep 2024₹160 Cr

Dec 2024₹168 Cr

Mar 2025₹177 Cr

Jun 2025₹181 Cr

Sep 2025₹214 Cr

Dec 2025₹206 Cr

Mar 2026₹207 Cr

Jun 2026₹211 Cr

eMudhra Ltd · EMUDHRA

Sep 2021₹49 Cr

Dec 2021₹45 Cr

Mar 2022₹45 Cr

Jun 2022₹52 Cr

Sep 2022₹58 Cr

Dec 2022₹61 Cr

Mar 2023₹77 Cr

Jun 2023₹80 Cr

Sep 2023₹96 Cr

Dec 2023₹97 Cr

Mar 2024₹100 Cr

Jun 2024₹92 Cr

Sep 2024₹141 Cr

Dec 2024₹139 Cr

Mar 2025₹147 Cr

Jun 2025₹147 Cr

Sep 2025₹173 Cr

Dec 2025₹188 Cr

Mar 2026₹193 Cr

Jun 2026₹191 Cr

Indegene Ltd · INDGN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022₹521 Cr

Sep 2022—

Dec 2022—

Mar 2023₹632 Cr

Jun 2023₹608 Cr

Sep 2023₹636 Cr

Dec 2023₹673 Cr

Mar 2024₹673 Cr

Jun 2024₹676 Cr

Sep 2024₹687 Cr

Dec 2024₹720 Cr

Mar 2025₹756 Cr

Jun 2025₹761 Cr

Sep 2025₹804 Cr

Dec 2025₹942 Cr

Mar 2026₹1.0K Cr

Jun 2026₹1.1K Cr

Kapston Services Ltd · KAPSTON⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹108 Cr

Mar 2023₹106 Cr

Jun 2023₹113 Cr

Sep 2023₹128 Cr

Dec 2023₹137 Cr

Mar 2024₹141 Cr

Jun 2024₹154 Cr

Sep 2024₹168 Cr

Dec 2024₹183 Cr

Mar 2025₹185 Cr

Jun 2025₹191 Cr

Sep 2025₹211 Cr

Dec 2025₹213 Cr

Mar 2026₹216 Cr

Jun 2026₹222 Cr

PDS Ltd · PDSL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹2.6K Cr

Mar 2023₹2.7K Cr

Jun 2023₹2.1K Cr

Sep 2023₹2.5K Cr

Dec 2023₹2.6K Cr

Mar 2024₹3.2K Cr

Jun 2024₹2.6K Cr

Sep 2024₹3.3K Cr

Dec 2024₹3.1K Cr

Mar 2025₹3.5K Cr

Jun 2025₹3.0K Cr

Sep 2025₹3.4K Cr

Dec 2025₹3.2K Cr

Mar 2026₹3.5K Cr

Jun 2026₹3.4K Cr

Team Lease Services Ltd · TEAMLEASE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹2.0K Cr

Mar 2023₹2.0K Cr

Jun 2023₹2.2K Cr

Sep 2023₹2.3K Cr

Dec 2023₹2.4K Cr

Mar 2024₹2.4K Cr

Jun 2024₹2.6K Cr

Sep 2024₹2.8K Cr

Dec 2024₹2.9K Cr

Mar 2025₹2.9K Cr

Jun 2025₹2.9K Cr

Sep 2025₹3.0K Cr

Dec 2025₹3.0K Cr

Mar 2026₹2.9K Cr

Jun 2026₹3.0K Cr

Revenue growth · reported quarter history

BLS International Services Ltd · BLS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 20230.0%

Mar 2024-0.2%

Jun 202429%

Sep 202421%

Dec 202417%

Mar 202555%

Jun 202544%

Sep 202549%

Dec 202543%

Mar 202618%

Jun 202625%

CMS Info Systems Ltd · CMSINFO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202222%

Sep 202227%

Dec 202221%

Mar 202313%

Jun 202313%

Sep 202315%

Dec 202319%

Mar 202425%

Jun 202417%

Sep 202415%

Dec 2024-0.2%

Mar 2025-1.3%

Jun 20254.7%

Sep 2025-2.6%

Dec 20256.4%

Mar 20262.3%

Jun 20261.3%

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

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 202414%

Sep 202416%

Dec 202423%

Mar 202519%

Jun 202521%

Sep 202534%

Dec 202523%

Mar 202617%

Jun 202617%

eMudhra Ltd · EMUDHRA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202221%

Sep 202218%

Dec 202236%

Mar 202371%

Jun 202354%

Sep 202366%

Dec 202359%

Mar 202430%

Jun 202415%

Sep 202447%

Dec 202443%

Mar 202547%

Jun 202560%

Sep 202523%

Dec 202535%

Mar 202631%

Jun 202630%

Indegene Ltd · INDGN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 202317%

Sep 2023—

Dec 2023—

Mar 20246.5%

Jun 202411%

Sep 20248.0%

Dec 20247.0%

Mar 202512%

Jun 202513%

Sep 202517%

Dec 202531%

Mar 202633%

Jun 202640%

Kapston Services Ltd · KAPSTON⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 202327%

Mar 202433%

Jun 202436%

Sep 202431%

Dec 202433%

Mar 202531%

Jun 202524%

Sep 202525%

Dec 202516%

Mar 202617%

Jun 202616%

PDS Ltd · PDSL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 20230.2%

Mar 202417%

Jun 202424%

Sep 202434%

Dec 202421%

Mar 20259.7%

Jun 202514%

Sep 20253.4%

Dec 20251.5%

Mar 2026-0.2%

Jun 202615%

Team Lease Services Ltd · TEAMLEASE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 202322%

Mar 202420%

Jun 202419%

Sep 202423%

Dec 202419%

Mar 202518%

Jun 202512%

Sep 20258.4%

Dec 20252.4%

Mar 20262.3%

Jun 20265.0%

08 · 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 28%. CMS Info Systems Ltd is next at 27%. CMS Info Systems Ltd has the highest Margin change at +2 percentage points, so level and change sit with different companies. Its OPM series carries 20 reported observations across the 20-quarter window.

What the numbers say: BLS International Services Ltd leads opm at 28%; CMS Info Systems Ltd leads margin change at +2 percentage points.

LeaderBLS International Services Ltd · 28%

Gap3.7% versus #2 · CMS Info Systems Ltd

Persistence4/8 recent comparable periods

Coverage8/8 companies · 148 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 BLS28%

2CMS Info Systems Ltd CMSINFO27%

3eMudhra Ltd EMUDHRA26%

4Indegene Ltd INDGN16%

5Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified10%

Margin changefastest expanders

1CMS Info Systems Ltd CMSINFO+2.0 pp

2eMudhra Ltd EMUDHRA+2.0 pp

3Kapston Services Ltd KAPSTON⚠ unverified+1.8 pp

4PDS Ltd PDSL+1.1 pp

5Team Lease Services Ltd TEAMLEASE−0.1 pp

Operating margin · company comparison

8/8 level · 8/8 change

All-company data · latest reported quarter

Company	OPM	Margin change	Reported
BLS International Services Ltd BLS	28%	−1.0 pp	Jun 2026
CMS Info Systems Ltd CMSINFO	27%	+2.0 pp	Jun 2026
eMudhra Ltd EMUDHRA	26%	+2.0 pp	Jun 2026
Indegene Ltd INDGN	16%	−4.0 pp	Jun 2026
Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified	10%	−2.0 pp	Jun 2026
Kapston Services Ltd KAPSTON⚠ unverified	6.6%	+1.8 pp	Jun 2026
PDS Ltd PDSL	2.8%	+1.1 pp	Jun 2026
Team Lease Services Ltd TEAMLEASE	1.0%	−0.1 pp	Jun 2026

Full 20-quarter history · every available company

OPM · reported quarter history

BLS International Services Ltd · BLS

Sep 202114%

Dec 202111%

Mar 202214%

Jun 202211%

Sep 202216%

Dec 202215%

Mar 202315%

Jun 202321%

Sep 202321%

Dec 202320%

Mar 202420%

Jun 202427%

Sep 202433%

Dec 202431%

Mar 202525%

Jun 202529%

Sep 202529%

Dec 202527%

Mar 202625%

Jun 202628%

CMS Info Systems Ltd · CMSINFO

Sep 202125%

Dec 202126%

Mar 202226%

Jun 202227%

Sep 202228%

Dec 202228%

Mar 202329%

Jun 202329%

Sep 202327%

Dec 202326%

Mar 202425%

Jun 202425%

Sep 202424%

Dec 202427%

Mar 202526%

Jun 202525%

Sep 202523%

Dec 202523%

Mar 202625%

Jun 202627%

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

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 202317%

Sep 202318%

Dec 202315%

Mar 202415%

Jun 202414%

Sep 202415%

Dec 202413%

Mar 202515%

Jun 202512%

Sep 202511%

Dec 202511%

Mar 202612%

Jun 202610%

eMudhra Ltd · EMUDHRA

Sep 202134%

Dec 202140%

Mar 202241%

Jun 202239%

Sep 202237%

Dec 202235%

Mar 202331%

Jun 202330%

Sep 202329%

Dec 202325%

Mar 202433%

Jun 202429%

Sep 202423%

Dec 202422%

Mar 202524%

Jun 202524%

Sep 202524%

Dec 202522%

Mar 202622%

Jun 202626%

Indegene Ltd · INDGN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202219%

Sep 2022—

Dec 2022—

Mar 202315%

Jun 202316%

Sep 202319%

Dec 202322%

Mar 202421%

Jun 202419%

Sep 202418%

Dec 202418%

Mar 202520%

Jun 202520%

Sep 202517%

Dec 202517%

Mar 202616%

Jun 202616%

Kapston Services Ltd · KAPSTON⚠ unverified

Sep 20214.0%

Dec 20214.1%

Mar 20224.8%

Jun 20223.5%

Sep 20223.8%

Dec 20223.6%

Mar 20232.9%

Jun 20234.7%

Sep 20233.8%

Dec 20234.0%

Mar 20245.1%

Jun 20244.2%

Sep 20244.3%

Dec 20244.4%

Mar 20255.1%

Jun 20254.8%

Sep 20254.7%

Dec 20255.3%

Mar 20266.2%

Jun 20266.6%

PDS Ltd · PDSL

Sep 20213.8%

Dec 20214.5%

Mar 20223.7%

Jun 20223.1%

Sep 20224.1%

Dec 20225.0%

Mar 20234.8%

Jun 20233.2%

Sep 20236.0%

Dec 20232.9%

Mar 20243.5%

Jun 20242.8%

Sep 20244.3%

Dec 20243.1%

Mar 20254.0%

Jun 20251.7%

Sep 20253.0%

Dec 20253.4%

Mar 20263.4%

Jun 20262.8%

Team Lease Services Ltd · TEAMLEASE

Sep 20212.2%

Dec 20212.1%

Mar 20222.3%

Jun 20221.4%

Sep 20221.6%

Dec 20222.0%

Mar 20232.0%

Jun 20231.2%

Sep 20231.4%

Dec 20231.5%

Mar 20241.5%

Jun 20240.9%

Sep 20241.2%

Dec 20241.2%

Mar 20251.7%

Jun 20251.1%

Sep 20251.3%

Dec 20251.4%

Mar 20261.6%

Jun 20261.0%

Margin change · reported quarter history

BLS International Services Ltd · BLS

Sep 2021+4.4 pp

Dec 2021+2.4 pp

Mar 2022+6.8 pp

Jun 2022+1.0 pp

Sep 2022+1.4 pp

Dec 2022+3.8 pp

Mar 2023+1.2 pp

Jun 2023+9.5 pp

Sep 2023+5.1 pp

Dec 2023+5.0 pp

Mar 2024+5.0 pp

Jun 2024+6.0 pp

Sep 2024+12.0 pp

Dec 2024+11.0 pp

Mar 2025+5.0 pp

Jun 2025+2.0 pp

Sep 2025−4.0 pp

Dec 2025−4.0 pp

Mar 20260.0 pp

Jun 2026−1.0 pp

CMS Info Systems Ltd · CMSINFO

Sep 2021—

Dec 2021+3.4 pp

Mar 2022+4.6 pp

Jun 2022+4.5 pp

Sep 2022+3.2 pp

Dec 2022+2.0 pp

Mar 2023+2.9 pp

Jun 2023+1.7 pp

Sep 2023−1.5 pp

Dec 2023−2.0 pp

Mar 2024−4.0 pp

Jun 2024−4.0 pp

Sep 2024−3.0 pp

Dec 2024+1.0 pp

Mar 2025+1.0 pp

Jun 20250.0 pp

Sep 2025−1.0 pp

Dec 2025−4.0 pp

Mar 2026−1.0 pp

Jun 2026+2.0 pp

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

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024−3.0 pp

Sep 2024−3.0 pp

Dec 2024−2.0 pp

Mar 20250.0 pp

Jun 2025−2.0 pp

Sep 2025−4.0 pp

Dec 2025−2.0 pp

Mar 2026−3.0 pp

Jun 2026−2.0 pp

eMudhra Ltd · EMUDHRA

Sep 2021—

Dec 2021—

Mar 2022+9.0 pp

Jun 2022+5.8 pp

Sep 2022+3.1 pp

Dec 2022−5.0 pp

Mar 2023−9.6 pp

Jun 2023−9.4 pp

Sep 2023−8.2 pp

Dec 2023−10.0 pp

Mar 2024+2.0 pp

Jun 2024−1.0 pp

Sep 2024−6.0 pp

Dec 2024−3.0 pp

Mar 2025−9.0 pp

Jun 2025−5.0 pp

Sep 2025+1.0 pp

Dec 20250.0 pp

Mar 2026−2.0 pp

Jun 2026+2.0 pp

Indegene Ltd · INDGN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023−2.9 pp

Sep 2023—

Dec 2023—

Mar 2024+6.0 pp

Jun 2024+3.0 pp

Sep 2024−1.0 pp

Dec 2024−4.0 pp

Mar 2025−1.0 pp

Jun 2025+1.0 pp

Sep 2025−1.0 pp

Dec 2025−1.0 pp

Mar 2026−4.0 pp

Jun 2026−4.0 pp

Kapston Services Ltd · KAPSTON⚠ unverified

Sep 2021−3.4 pp

Dec 2021−6.0 pp

Mar 2022−0.5 pp

Jun 2022−2.1 pp

Sep 2022−0.3 pp

Dec 2022−0.6 pp

Mar 2023−1.9 pp

Jun 2023+1.2 pp

Sep 2023+0.0 pp

Dec 2023+0.4 pp

Mar 2024+2.2 pp

Jun 2024−0.5 pp

Sep 2024+0.5 pp

Dec 2024+0.4 pp

Mar 2025−0.1 pp

Jun 2025+0.6 pp

Sep 2025+0.4 pp

Dec 2025+0.9 pp

Mar 2026+1.2 pp

Jun 2026+1.8 pp

PDS Ltd · PDSL

Sep 2021+2.0 pp

Dec 2021−0.2 pp

Mar 2022−1.8 pp

Jun 2022+1.0 pp

Sep 2022+0.3 pp

Dec 2022+0.5 pp

Mar 2023+1.1 pp

Jun 2023+0.1 pp

Sep 2023+1.9 pp

Dec 2023−2.1 pp

Mar 2024−1.3 pp

Jun 2024−0.4 pp

Sep 2024−1.7 pp

Dec 2024+0.2 pp

Mar 2025+0.5 pp

Jun 2025−1.1 pp

Sep 2025−1.3 pp

Dec 2025+0.3 pp

Mar 2026−0.6 pp

Jun 2026+1.1 pp

Team Lease Services Ltd · TEAMLEASE

Sep 2021+0.2 pp

Dec 2021+0.2 pp

Mar 2022+0.3 pp

Jun 2022−0.8 pp

Sep 2022−0.6 pp

Dec 2022−0.1 pp

Mar 2023−0.3 pp

Jun 2023−0.2 pp

Sep 2023−0.2 pp

Dec 2023−0.5 pp

Mar 2024−0.5 pp

Jun 2024−0.3 pp

Sep 2024−0.2 pp

Dec 2024−0.3 pp

Mar 2025+0.2 pp

Jun 2025+0.2 pp

Sep 2025+0.1 pp

Dec 2025+0.2 pp

Mar 2026−0.1 pp

Jun 2026−0.1 pp

09 · 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 ₹745 crore. Indegene Ltd is next at ₹401 crore. Kapston Services Ltd has the highest Profit growth at 47.8%, so level and change sit with different companies. 8 of 8 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: BLS International Services Ltd leads with ₹745 crore of TTM profit, 85.8% above Indegene Ltd. Kapston Services Ltd shows 47.8% growth from a ₹31 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderBLS International Services Ltd · ₹745 crore

Gap85.8% versus #2 · Indegene Ltd

Persistence8/8 recent comparable periods

Coverage8/8 companies · 128 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₹745 Cr

2Indegene Ltd INDGN₹401 Cr

3CMS Info Systems Ltd CMSINFO₹293 Cr

4PDS Ltd PDSL₹186 Cr

5Team Lease Services Ltd TEAMLEASE₹150 Cr

Profit growthfastest growers

1Kapston Services Ltd KAPSTON⚠ unverified48%

2Team Lease Services Ltd TEAMLEASE29%

3eMudhra Ltd EMUDHRA26%

4BLS International Services Ltd BLS24%

5Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified0.0%

Net profit · company comparison

8/8 level · 8/8 change

All-company data · latest reported quarter

Company	Net profit	Profit growth	Reported
BLS International Services Ltd BLS	₹202 Cr	12%	Jun 2026
Indegene Ltd INDGN	₹116 Cr	0.0%	Jun 2026
CMS Info Systems Ltd CMSINFO	₹84 Cr	-11%	Jun 2026
Team Lease Services Ltd TEAMLEASE	₹34 Cr	36%	Jun 2026
eMudhra Ltd EMUDHRA	₹32 Cr	28%	Jun 2026
PDS Ltd PDSL	₹29 Cr	45%	Jun 2026
Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified	₹15 Cr	15%	Jun 2026
Kapston Services Ltd KAPSTON⚠ unverified	₹8 Cr	39%	Jun 2026

Full 20-quarter history · every available company

Net profit · reported quarter history

BLS International Services Ltd · BLS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹46 Cr

Mar 2023₹77 Cr

Jun 2023₹71 Cr

Sep 2023₹82 Cr

Dec 2023₹87 Cr

Mar 2024₹85 Cr

Jun 2024₹121 Cr

Sep 2024₹146 Cr

Dec 2024₹128 Cr

Mar 2025₹145 Cr

Jun 2025₹181 Cr

Sep 2025₹186 Cr

Dec 2025₹170 Cr

Mar 2026₹187 Cr

Jun 2026₹202 Cr

CMS Info Systems Ltd · CMSINFO

Sep 2021₹53 Cr

Dec 2021₹60 Cr

Mar 2022₹64 Cr

Jun 2022₹69 Cr

Sep 2022₹73 Cr

Dec 2022₹76 Cr

Mar 2023₹80 Cr

Jun 2023₹84 Cr

Sep 2023₹84 Cr

Dec 2023₹87 Cr

Mar 2024₹91 Cr

Jun 2024₹91 Cr

Sep 2024₹91 Cr

Dec 2024₹93 Cr

Mar 2025₹98 Cr

Jun 2025₹94 Cr

Sep 2025₹73 Cr

Dec 2025₹57 Cr

Mar 2026₹79 Cr

Jun 2026₹84 Cr

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

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023₹14 Cr

Sep 2023₹16 Cr

Dec 2023₹14 Cr

Mar 2024₹18 Cr

Jun 2024₹14 Cr

Sep 2024₹16 Cr

Dec 2024₹13 Cr

Mar 2025₹18 Cr

Jun 2025₹13 Cr

Sep 2025₹15 Cr

Dec 2025₹14 Cr

Mar 2026₹16 Cr

Jun 2026₹15 Cr

eMudhra Ltd · EMUDHRA

Sep 2021₹11 Cr

Dec 2021₹11 Cr

Mar 2022₹11 Cr

Jun 2022₹14 Cr

Sep 2022₹17 Cr

Dec 2022₹15 Cr

Mar 2023₹16 Cr

Jun 2023₹16 Cr

Sep 2023₹19 Cr

Dec 2023₹20 Cr

Mar 2024₹21 Cr

Jun 2024₹18 Cr

Sep 2024₹22 Cr

Dec 2024₹22 Cr

Mar 2025₹24 Cr

Jun 2025₹25 Cr

Sep 2025₹26 Cr

Dec 2025₹29 Cr

Mar 2026₹30 Cr

Jun 2026₹32 Cr

Indegene Ltd · INDGN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022₹86 Cr

Sep 2022—

Dec 2022—

Mar 2023₹49 Cr

Jun 2023₹68 Cr

Sep 2023₹75 Cr

Dec 2023₹99 Cr

Mar 2024₹95 Cr

Jun 2024₹88 Cr

Sep 2024₹92 Cr

Dec 2024₹110 Cr

Mar 2025₹118 Cr

Jun 2025₹116 Cr

Sep 2025₹102 Cr

Dec 2025₹103 Cr

Mar 2026₹80 Cr

Jun 2026₹116 Cr

Kapston Services Ltd · KAPSTON⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹2 Cr

Mar 2023₹1 Cr

Jun 2023₹3 Cr

Sep 2023₹4 Cr

Dec 2023₹3 Cr

Mar 2024₹3 Cr

Jun 2024₹3 Cr

Sep 2024₹4 Cr

Dec 2024₹5 Cr

Mar 2025₹6 Cr

Jun 2025₹6 Cr

Sep 2025₹7 Cr

Dec 2025₹7 Cr

Mar 2026₹8 Cr

Jun 2026₹8 Cr

PDS Ltd · PDSL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹93 Cr

Mar 2023₹77 Cr

Jun 2023₹23 Cr

Sep 2023₹88 Cr

Dec 2023₹26 Cr

Mar 2024₹65 Cr

Jun 2024₹31 Cr

Sep 2024₹89 Cr

Dec 2024₹45 Cr

Mar 2025₹75 Cr

Jun 2025₹20 Cr

Sep 2025₹48 Cr

Dec 2025₹37 Cr

Mar 2026₹72 Cr

Jun 2026₹29 Cr

Team Lease Services Ltd · TEAMLEASE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹29 Cr

Mar 2023₹24 Cr

Jun 2023₹26 Cr

Sep 2023₹28 Cr

Dec 2023₹31 Cr

Mar 2024₹28 Cr

Jun 2024₹19 Cr

Sep 2024₹25 Cr

Dec 2024₹28 Cr

Mar 2025₹38 Cr

Jun 2025₹25 Cr

Sep 2025₹28 Cr

Dec 2025₹42 Cr

Mar 2026₹46 Cr

Jun 2026₹34 Cr

Profit growth · reported quarter history

BLS International Services Ltd · BLS

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 202389%

Mar 202410%

Jun 202470%

Sep 202478%

Dec 202447%

Mar 202571%

Jun 202550%

Sep 202527%

Dec 202533%

Mar 202629%

Jun 202612%

CMS Info Systems Ltd · CMSINFO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202247%

Sep 202238%

Dec 202227%

Mar 202325%

Jun 202322%

Sep 202315%

Dec 202314%

Mar 202414%

Jun 20248.3%

Sep 20248.3%

Dec 20246.9%

Mar 20257.7%

Jun 20253.3%

Sep 2025-20%

Dec 2025-39%

Mar 2026-19%

Jun 2026-11%

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

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 20240.0%

Sep 20240.0%

Dec 2024-7.1%

Mar 20250.0%

Jun 2025-7.1%

Sep 2025-6.3%

Dec 20257.7%

Mar 2026-11%

Jun 202615%

eMudhra Ltd · EMUDHRA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202240%

Sep 202255%

Dec 202236%

Mar 202345%

Jun 202314%

Sep 202312%

Dec 202333%

Mar 202431%

Jun 202413%

Sep 202416%

Dec 202410%

Mar 202514%

Jun 202539%

Sep 202518%

Dec 202532%

Mar 202625%

Jun 202628%

Indegene Ltd · INDGN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023-21%

Sep 2023—

Dec 2023—

Mar 202494%

Jun 202429%

Sep 202423%

Dec 202411%

Mar 202524%

Jun 202532%

Sep 202511%

Dec 2025-6.4%

Mar 2026-32%

Jun 20260.0%

Kapston Services Ltd · KAPSTON⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 202371%

Mar 2024203%

Jun 202419%

Sep 2024-9.2%

Dec 202468%

Mar 2025119%

Jun 202585%

Sep 202580%

Dec 202564%

Mar 202624%

Jun 202639%

PDS Ltd · PDSL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023-72%

Mar 2024-16%

Jun 202435%

Sep 20241.1%

Dec 202473%

Mar 202515%

Jun 2025-35%

Sep 2025-46%

Dec 2025-18%

Mar 2026-4.0%

Jun 202645%

Team Lease Services Ltd · TEAMLEASE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 20236.9%

Mar 202417%

Jun 2024-27%

Sep 2024-11%

Dec 2024-9.7%

Mar 202536%

Jun 202532%

Sep 202512%

Dec 202550%

Mar 202621%

Jun 202636%

10 · compare level, then change

Return On Capital Employed

BLS International Services Ltd has the highest ROCE among the 8 Services - Others companies compared here, at 29.3%. Ecos (India) Mobility & Hospitality Ltd is next at 28%. Kapston Services Ltd has the highest ROCE change at +5.2 percentage points, so level and change sit with different companies.

What the numbers say: BLS International Services Ltd leads ROCE at 29.3%, 1.3 percentage points above Ecos (India) Mobility & Hospitality 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.

LeaderBLS International Services Ltd · 29.3%

Gap4.6% versus #2 · Ecos (India) Mobility & Hospitality Ltd

PersistenceNot enough history

Coverage8/8 companies · 67 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 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

1BLS International Services Ltd BLS29%

2Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified28%

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

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

Company	ROCE	ROCE change	Reported
Kapston Services Ltd KAPSTON⚠ unverified	25%	+5.2 pp	Jun 2026
Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified	24%	−7.4 pp	Jun 2026
CMS Info Systems Ltd CMSINFO	15%	−4.4 pp	Jun 2026
Indegene Ltd INDGN	14%	−2.3 pp	Jun 2026
eMudhra Ltd EMUDHRA	12%	−1.1 pp	Jun 2026

Full 20-quarter history · every available company

ROCE · reported quarter history

CMS Info Systems Ltd · CMSINFO

Sep 2021—

Dec 2021—

Mar 202222%

Jun 2022—

Sep 202223%

Dec 2022—

Mar 202323%

Jun 2023—

Sep 202323%

Dec 202327%

Mar 202421%

Jun 202426%

Sep 202420%

Dec 202425%

Mar 202519%

Jun 202523%

Sep 202518%

Dec 202519%

Mar 202615%

Jun 2026—

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

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 202323%

Dec 2023—

Mar 202437%

Jun 202444%

Sep 202434%

Dec 202445%

Mar 202531%

Jun 202538%

Sep 202529%

Dec 202535%

Mar 202624%

Jun 2026—

eMudhra Ltd · EMUDHRA

Sep 202121%

Dec 202127%

Mar 202228%

Jun 2022—

Sep 202217%

Dec 2022—

Mar 202318%

Jun 2023—

Sep 202318%

Dec 202321%

Mar 202413%

Jun 202418%

Sep 202413%

Dec 202419%

Mar 202513%

Jun 202516%

Sep 202512%

Dec 202516%

Mar 202612%

Jun 2026—

Indegene Ltd · INDGN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 20229.9%

Sep 2022—

Dec 2022—

Mar 202310%

Jun 2023—

Sep 2023—

Dec 202321%

Mar 202422%

Jun 202429%

Sep 202419%

Dec 202425%

Mar 202516%

Jun 202525%

Sep 202516%

Dec 202521%

Mar 202614%

Jun 2026—

Kapston Services Ltd · KAPSTON⚠ unverified

Sep 202115%

Dec 2021—

Mar 202211%

Jun 2022—

Sep 202213%

Dec 2022—

Mar 202315%

Jun 2023—

Sep 202320%

Dec 202324%

Mar 202424%

Jun 202428%

Sep 202423%

Dec 202430%

Mar 202520%

Jun 202529%

Sep 202522%

Dec 202531%

Mar 202625%

Jun 2026—

ROCE change · reported quarter history

CMS Info Systems Ltd · CMSINFO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023+1.8 pp

Jun 2023—

Sep 2023+0.2 pp

Dec 2023—

Mar 2024−2.1 pp

Jun 2024—

Sep 2024−3.2 pp

Dec 2024−2.7 pp

Mar 2025−2.1 pp

Jun 2025−2.5 pp

Sep 2025−2.5 pp

Dec 2025−6.0 pp

Mar 2026−4.4 pp

Jun 2026—

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

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024+10.1 pp

Dec 2024—

Mar 2025−6.0 pp

Jun 2025−6.4 pp

Sep 2025−4.7 pp

Dec 2025−10.0 pp

Mar 2026−7.4 pp

Jun 2026—

eMudhra Ltd · EMUDHRA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−4.5 pp

Dec 2022—

Mar 2023−10.5 pp

Jun 2023—

Sep 2023+1.5 pp

Dec 2023—

Mar 2024−4.4 pp

Jun 2024—

Sep 2024−4.7 pp

Dec 2024−2.5 pp

Mar 2025−0.3 pp

Jun 2025−2.3 pp

Sep 2025−1.2 pp

Dec 2025−2.6 pp

Mar 2026−1.1 pp

Jun 2026—

Indegene Ltd · INDGN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024+12.0 pp

Jun 2024—

Sep 2024—

Dec 2024+4.7 pp

Mar 2025−5.9 pp

Jun 2025−4.4 pp

Sep 2025−2.5 pp

Dec 2025−4.2 pp

Mar 2026−2.3 pp

Jun 2026—

Kapston Services Ltd · KAPSTON⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−2.5 pp

Dec 2022—

Mar 2023+4.2 pp

Jun 2023—

Sep 2023+7.1 pp

Dec 2023—

Mar 2024+9.0 pp

Jun 2024—

Sep 2024+3.0 pp

Dec 2024+5.6 pp

Mar 2025−4.0 pp

Jun 2025+0.2 pp

Sep 2025−0.6 pp

Dec 2025+1.3 pp

Mar 2026+5.2 pp

Jun 2026—

11 · compare level, then change

Valuation Against Growth & Quality

eMudhra Ltd has the lowest PEG among the 8 Services - Others companies compared here, at 1.48×. Indegene Ltd is next at 1.99×. Ecos (India) Mobility & Hospitality Ltd has the lowest P/E at 11.4×, so level and change sit with different companies. 3 of 8 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: eMudhra Ltd has the lowest comparable PEG at 1.48×, 25.6% below Indegene Ltd. Only 3 of 8 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeadereMudhra Ltd · 1.48×

Gap25.6% versus #2 · Indegene Ltd

Persistence0/8 recent comparable periods

Coverage3/8 companies · 34 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 feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

PEGlowest PEG

1eMudhra Ltd EMUDHRA1.5

2Indegene Ltd INDGN2.0

3CMS Info Systems Ltd CMSINFO2.8

P/Elowest P/E

1Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified11.4

2CMS Info Systems Ltd CMSINFO12.0

3Team Lease Services Ltd TEAMLEASE12.4

4BLS International Services Ltd BLS13.5

5Indegene Ltd INDGN33.5

Valuation · company comparison

3/8 level · 8/8 change

All-company data · latest reported quarter

Company	PEG	P/E	Reported
CMS Info Systems Ltd CMSINFO	2.8	15.4	Jun 2026
Indegene Ltd INDGN	2.0	29.9	Jun 2026
eMudhra Ltd EMUDHRA	1.5	34.9	Jun 2026
BLS International Services Ltd BLS	—	15.5	Jun 2026
PDS Ltd PDSL	—	45.6	Jun 2026
Team Lease Services Ltd TEAMLEASE	—	16.8	Jun 2026
Kapston Services Ltd KAPSTON⚠ unverified	—	39.4	Jun 2026
Ecos (India) Mobility & Hospitality Ltd ECOSMOBLTY⚠ unverified	—	13.9	Jun 2026

Full 20-quarter history · every available company

PEG · reported quarter history

CMS Info Systems Ltd · CMSINFO

Sep 2021—

Dec 20210.4

Mar 20222.2

Jun 20220.5

Sep 20220.5

Dec 20220.8

Mar 20230.7

Jun 2023—

Sep 20230.7

Dec 20230.9

Mar 20241.4

Jun 20241.6

Sep 20242.8

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

eMudhra Ltd · EMUDHRA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 20223.2

Sep 20221.2

Dec 20221.4

Mar 20230.9

Jun 2023—

Sep 20237.9

Dec 20232.7

Mar 20244.1

Jun 20246.2

Sep 20247.1

Dec 20245.0

Mar 20258.4

Jun 20256.0

Sep 20253.8

Dec 20253.4

Mar 20261.2

Jun 20261.5

Indegene Ltd · INDGN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 20241.6

Sep 20243.3

Dec 2024—

Mar 20252.4

Jun 20252.2

Sep 20252.0

Dec 20251.8

Mar 20262.0

Jun 2026—

P/E · reported quarter history

BLS International Services Ltd · BLS

Sep 202133.1

Dec 202122.8

Mar 202224.6

Jun 202235.7

Sep 202247.6

Dec 202247.0

Mar 202336.0

Jun 202341.6

Sep 202342.2

Dec 202348.3

Mar 202445.5

Jun 202446.1

Sep 202442.9

Dec 202447.2

Mar 202536.0

Jun 202530.8

Sep 202524.4

Dec 202521.9

Mar 202616.0

Jun 202615.5

CMS Info Systems Ltd · CMSINFO

Sep 2021—

Dec 202121.0

Mar 202222.5

Jun 202219.6

Sep 202216.6

Dec 202217.9

Mar 202315.1

Jun 202319.1

Sep 202317.3

Dec 202318.3

Mar 202418.1

Jun 202422.4

Sep 202426.4

Dec 202422.1

Mar 202520.6

Jun 202521.8

Sep 202516.6

Dec 202515.8

Mar 202613.5

Jun 202615.4

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

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 202448.8

Dec 202427.9

Mar 202519.1

Jun 202530.6

Sep 202525.7

Dec 202520.3

Mar 202611.4

Jun 202613.9

eMudhra Ltd · EMUDHRA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202296.2

Sep 202255.1

Dec 202245.6

Mar 202329.0

Jun 202354.4

Sep 202357.6

Dec 202354.1

Mar 202484.6

Jun 202494.1

Sep 202491.1

Dec 202494.0

Mar 202586.4

Jun 202573.8

Sep 202557.1

Dec 202552.4

Mar 202631.0

Jun 202634.9

Indegene Ltd · INDGN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 202436.9

Sep 202443.2

Dec 202437.3

Mar 202535.6

Jun 202532.8

Sep 202531.7

Dec 202528.0

Mar 202624.7

Jun 202629.9

Kapston Services Ltd · KAPSTON⚠ unverified

Sep 202138.6

Dec 202168.4

Mar 202242.2

Jun 202239.9

Sep 202228.6

Dec 202224.9

Mar 202327.3

Jun 202322.0

Sep 202318.9

Dec 202323.7

Mar 202419.6

Jun 202429.1

Sep 202433.4

Dec 202442.9

Mar 202535.8

Jun 202527.3

Sep 202524.5

Dec 202525.2

Mar 202632.0

Jun 202639.4

PDS Ltd · PDSL

Sep 202122.4

Dec 202121.9

Mar 202219.2

Jun 202217.2

Sep 202216.9

Dec 202216.5

Mar 202315.2

Jun 202316.7

Sep 202323.9

Dec 202333.1

Mar 202440.1

Jun 202450.2

Sep 202446.4

Dec 202451.6

Mar 202537.1

Jun 202536.1

Sep 202530.8

Dec 202546.6

Mar 202636.3

Jun 202645.6

Team Lease Services Ltd · TEAMLEASE

Sep 202187.5

Dec 202178.7

Mar 202267.5

Jun 202247.8

Sep 202246.3

Dec 202236.3

Mar 202332.5

Jun 202337.6

Sep 202339.1

Dec 202349.9

Mar 202443.0

Jun 202445.5

Sep 202450.1

Dec 202448.0

Mar 202530.0

Jun 202531.3

Sep 202526.2

Dec 202522.3

Mar 202614.3

Jun 202616.8

12 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Services - Others comparison names 6 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.

13 · 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 Jun 2026 and market data through 2026-09-11. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company

Market dataThrough 2026-09-11 · weekly price and relative-strength history

Derived metricsGrowth, changes and PEG 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.

How a second data feed is admitted, and what happens when it disagrees

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.

14 · questions investors ask, short speakable answers

Services - Others company comparison FAQs

These 24 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 Jun 2026. Price and relative-strength answers run through 2026-09-11. Nothing here is estimated, and none of it is a recommendation.

Is the Services - Others sector outperforming NIFTY 500?

Services - Others has underperformed NIFTY 500 by 11.3% over 52 weeks and 5.3% over 13 weeks. 3 of 8 covered companies beat NIFTY on Mansfield relative strength, while 3 of 8 beat the sector itself.

Which Services - Others company is largest by revenue?

PDS Ltd leads with revenue of ₹13,554 crore, based on 8 of 8 comparable companies through Jun 2026.

Which Services - Others company is growing fastest?

BLS International Services Ltd has the fastest current revenue growth at 31.8%, across 8 of 8 comparable companies.

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

Kapston Services Ltd ranks first at 65.7/100 with 80% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Services - Others company has the lowest comparable PEG?

eMudhra Ltd has the lowest comparable PEG at 1.48, among 3 of 8 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Services - Others comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 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.

Is there a Nifty Services - Others index?

NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Services - Others, this page builds its own equal-weight basket of 8 listed Services - Others companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 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 eMudhra Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 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 Jun 2026.

Which Services - Others company is the biggest?

PDS Ltd is the largest, with trailing-twelve-month revenue of ₹13,554 crore, ahead of Team Lease Services Ltd at ₹11,982 crore. That covers 8 of 8 companies with comparable reporting through Jun 2026.

Which Services - Others company has the best profit margins?

BLS International Services Ltd has the highest operating margin at 28%, from 8 of 8 comparable companies. CMS Info Systems Ltd shows the biggest recent improvement, at +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 ₹745 crore of trailing-twelve-month net profit, from 8 of 8 comparable companies. Kapston Services Ltd has the fastest profit growth at 47.8%, 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?

BLS International Services Ltd leads on return on capital employed at 29.3%, 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 PEG — where a LOWER number is cheaper — eMudhra Ltd screens cheapest at 1.48×. Only 3 of 8 companies have earnings and growth steady enough for the ratio to mean anything, 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.

Is the Services - Others sector beating the market?

Services - Others has underperformed NIFTY 500 by 11.3% over the last 52 weeks and 5.3% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 3 of 8 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

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 65.7 out of 100 with 80% evidence confidence, from 28.7 points on growth and earnings, 8.5 on capital efficiency, 8.5 on valuation and 20 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, ending Jun 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 ₹40,435 crore of combined market value. Indegene Ltd is the largest at ₹13,934 crore, about 34% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-09-17.

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 33.5×, 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 2026-09-17.

How is the Services - Others sector performing?

3 of the 8 covered Services - Others companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 11.3% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-09-17.

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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