3 Digital Transformation Firm, Process Automation Software Maker and Technology Consulting Company Stocks With a Strong Future Roadmap: Happiest Minds Technologies, Newgen Software Technologies and LTM
Happiest Minds Technologies, Newgen Software Technologies and LTM: ROE of 12.6% to 20.2% and FY22 to FY26 revenue CAGR of 12.7% to 20.7%. Prices as of 27 Oct 2026.
The three digital, automation and consulting IT stocks to watch are Happiest Minds Technologies, Newgen Software Technologies and LTM. Their return on equity ranges from 12.6% to 20.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 12.7% to 20.7%. LTM has the highest return on equity at 20.2%, while Happiest Minds Technologies has the fastest revenue growth at 20.7% a year. Prices are based on the 27 October 2026 close, and this article is educational, not investment advice.
Digital, automation and consulting IT stocks bring together companies with a visible plan for the years ahead. Happiest Minds Technologies, Newgen Software Technologies and LTM cover a digital transformation firm, a process automation software maker and a technology consulting company.
This list covers three digital, automation and consulting IT stocks with complete current figures: Happiest Minds Technologies, Newgen Software Technologies and LTM. Every figure comes from the latest reported financials and the 27 October 2026 market close. Companies without complete current figures were left out.
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What Are Digital, Automation and Consulting IT Stocks?
Digital, automation and consulting IT stocks are listed technology companies that offer product engineering and digital business services, build low-code process automation software and deliver consulting and digital solutions to banks, insurers and manufacturers. Their earnings depend on client budgets, deal wins and currency.
Digital, Automation and Consulting IT Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Happiest Minds Technologies | 310.25 | 4,680 | 21.0 | 17.9 | 12.6 | 0.88 |
| Newgen Software Technologies | 470 | 6,835 | 21.8 | 17.5 | 18.7 | 0.02 |
| LTM | 4,059.7 | 120,479 | 23.2 | 17.6 | 20.2 | 0.09 |
On valuation, all three trade at a P/E above their industry P/E, which reflects the growth the market already expects from them. Readers comparing digital, automation and consulting IT stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Digital, Automation and Consulting IT Stocks Have a Strong Roadmap in India?
Digital, automation and consulting IT stocks have a strong roadmap in India because digital transformation spending, process automation and large consulting programmes keep widening the market for Indian technology firms.
- Digital business. Enterprises rework customer journeys online.
- Process automation. Firms digitise document and workflow tasks.
- Transformation deals. Large programmes add revenue visibility.
Why Happiest Minds Technologies Features Among These Digital, Automation and Consulting IT Stocks
Among the digital, automation and consulting IT stocks on this list, Happiest Minds Technologies is a Bengaluru-based digital transformation company that offers product engineering, digital business services and generative artificial intelligence solutions to clients across industries.
Revenue rose from Rs 1,131 crore in FY22 to Rs 2,400 crore in FY26, a compound annual growth rate of 20.7%. Net profit grew from Rs 185 crore in FY25 to Rs 213 crore in FY26, a rise of 15.1%.
In the June 2026 quarter, revenue grew 12.5% year on year to Rs 652 crore, while net profit rose 18.3% to Rs 67.6 crore. The company has a return on equity of 12.6%, a debt to equity ratio of 0.88 and a market capitalisation of Rs 4,680 crore. The stock trades at a P/E of 21.0, above the industry P/E of 17.9.
Roadmap: The company is adding capabilities in artificial intelligence, cloud and cybersecurity, which enterprises are prioritising. A digital-first positioning helps it win newer projects from established clients.
What to watch: Track the mix of digital business and product engineering revenue and new client additions.
Why Newgen Software Technologies Features Among These Digital, Automation and Consulting IT Stocks
Among the product engineering, low-code software and consulting shares on this list, Newgen Software Technologies, based in Delhi, offers low-code platforms for content management, process automation and customer engagement to banks, insurers and governments.
In the June 2026 quarter, revenue grew 12.3% year on year to Rs 393 crore, while net profit rose 26.3% to Rs 62.8 crore. Revenue rose from Rs 809 crore in FY22 to Rs 1,641 crore in FY26, a compound annual growth rate of 19.4%.
Net profit grew from Rs 164 crore in FY22 to Rs 301 crore in FY26, which works out to a compound annual growth rate of 16.3%. The company has a return on equity of 18.7%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 6,835 crore. The stock trades at a P/E of 21.8, above the industry P/E of 17.5.
Roadmap: Digital transformation at banks and public sector organisations, plus new artificial intelligence features on its platform, widen its addressable market. A growing share of recurring licence and cloud revenue improves predictability.
What to watch: Monitor deal wins in the banking sector and the growth of recurring revenue.
Why LTM Features Among These Digital, Automation and Consulting IT Stocks
Among the three companies on this list, LTM, formerly LTIMindtree, is a Mumbai-based global technology consulting and digital solutions company that serves banking, insurance, manufacturing, healthcare and other industries.
The company has a return on equity of 20.2%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 120,479 crore. The stock trades at a P/E of 23.2, above the industry P/E of 17.6.
Revenue rose from Rs 26,874 crore in FY22 to Rs 43,402 crore in FY26, a compound annual growth rate of 12.7%. Net profit grew from Rs 3,950 crore in FY22 to Rs 4,983 crore in FY26, which works out to a compound annual growth rate of 6.0%.
Roadmap: The company is focused on cloud, data and artificial intelligence projects and on winning larger transformation deals from existing clients. Its link with the Larsen and Toubro group helps it reach large enterprise customers.
What to watch: Track deal wins, client additions and utilisation levels.
Happiest Minds Technologies vs Newgen Software Technologies vs LTM on Key Financials
The table below sets the three digital, automation and consulting IT stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Happiest Minds Technologies | 1,131 | 2,400 | 20.7% | 213 | 8.9% |
| Newgen Software Technologies | 809 | 1,641 | 19.4% | 301 | 18.3% |
| LTM | 26,874 | 43,402 | 12.7% | 4,983 | 11.5% |
LTM posts the highest return on equity in this group at 20.2%. LTM has the largest FY26 revenue at Rs 43,402 crore, and Happiest Minds Technologies shows the fastest revenue growth with a 20.7% compound annual rate. A useful habit with digital, automation and consulting IT stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Digital, Automation and Consulting IT Stocks
Every theme carries risks that deserve a check before any decision. For these digital, automation and consulting IT stocks, the main points are:
- Deal timing. Large contracts can shift between periods.
- Client budgets. Spending can vary with global conditions.
- Currency moves. Export earnings move with the rupee.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter digital, automation and consulting IT stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Digital, Automation and Consulting IT Stocks
Digital, automation and consulting IT stocks suit investors who prefer to study business strength before price moves. Happiest Minds Technologies, Newgen Software Technologies and LTM each have a clear plan to grow. Based on the 27 October 2026 close, Happiest Minds Technologies trades at Rs 310.25, Newgen Software Technologies at Rs 470 and LTM at Rs 4,059.7.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Ans. Digital, automation and consulting IT stocks are listed technology companies that offer product engineering and digital business services, build low-code process automation software and deliver consulting and digital solutions to banks, insurers and manufacturers. Their earnings depend on client budgets, deal wins and currency. This list looks at three of them, Happiest Minds Technologies, Newgen Software Technologies and LTM, using reported FY22 to FY26 financials and the 27 October 2026 closing prices.
Which digital, automation and consulting IT stocks are covered in this list?
Ans. This list covers Happiest Minds Technologies, Newgen Software Technologies and LTM. Based on the 27 October 2026 close, Happiest Minds Technologies traded at Rs 310.25, Newgen Software Technologies at Rs 470 and LTM at Rs 4,059.7. Their return on equity ranges from 12.6% to 20.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 12.7% to 20.7%.
Why do digital, automation and consulting IT stocks have a strong future roadmap in India?
Ans. Digital, automation and consulting IT stocks have a strong roadmap in India because digital transformation spending, process automation and large consulting programmes keep widening the market for Indian technology firms. The main drivers are as follows. Digital business. Enterprises rework customer journeys online. Process automation. Firms digitise document and workflow tasks. Transformation deals. Large programmes add revenue visibility. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Happiest Minds Technologies performed financially?
Ans. Revenue rose from Rs 1,131 crore in FY22 to Rs 2,400 crore in FY26, a compound annual growth rate of 20.7%. Net profit grew from Rs 185 crore in FY25 to Rs 213 crore in FY26, a rise of 15.1%. In the June 2026 quarter, revenue grew 12.5% year on year to Rs 652 crore, while net profit rose 18.3% to Rs 67.6 crore. The company has a return on equity of 12.6%, a debt to equity ratio of 0.88 and a market capitalisation of Rs 4,680 crore. The stock trades at a P/E of 21.0, above the industry P/E of 17.9. Looking ahead, the company is adding capabilities in artificial intelligence, cloud and cybersecurity, which enterprises are prioritising. A digital-first positioning helps it win newer projects from established clients.
How has Newgen Software Technologies performed financially?
Ans. Revenue rose from Rs 809 crore in FY22 to Rs 1,641 crore in FY26, a compound annual growth rate of 19.4%. Net profit grew from Rs 164 crore in FY22 to Rs 301 crore in FY26, which works out to a compound annual growth rate of 16.3%. In the June 2026 quarter, revenue grew 12.3% year on year to Rs 393 crore, while net profit rose 26.3% to Rs 62.8 crore. The company has a return on equity of 18.7%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 6,835 crore. The stock trades at a P/E of 21.8, above the industry P/E of 17.5. Looking ahead, digital transformation at banks and public sector organisations, plus new artificial intelligence features on its platform, widen its addressable market. A growing share of recurring licence and cloud revenue improves predictability.
How has LTM performed financially?
Ans. Revenue rose from Rs 26,874 crore in FY22 to Rs 43,402 crore in FY26, a compound annual growth rate of 12.7%. Net profit grew from Rs 3,950 crore in FY22 to Rs 4,983 crore in FY26, which works out to a compound annual growth rate of 6.0%. The company has a return on equity of 20.2%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 120,479 crore. The stock trades at a P/E of 23.2, above the industry P/E of 17.6. Looking ahead, the company is focused on cloud, data and artificial intelligence projects and on winning larger transformation deals from existing clients. Its link with the Larsen and Toubro group helps it reach large enterprise customers.
What risks should investors check before buying digital, automation and consulting IT stocks?
Ans. Investors should check a few risks before buying digital, automation and consulting IT stocks. Deal timing. Large contracts can shift between periods. Client budgets. Spending can vary with global conditions. Currency moves. Export earnings move with the rupee. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of digital, automation and consulting IT stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 27 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.
Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.
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