LIVE
WNS
WNS (Holdings) Limited · Technology
N/A
N/A this month
VERSUS
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COMPARE
EXLS
ExlService Holdings, Inc. · Technology
$27.66
-4.09% this month
Scoreboard verdict
Across AI score, momentum, valuation, upside, operating margin
WNS
0
EXLS
0
Comparison scoreboard
MIXED SETUPAI Score
WNS N/A
EXLS 33.9
1Y Return
WNS N/A
EXLS -35.72%
Fwd P/E
WNS N/A
EXLS 10.97
Target Up.
WNS N/A
EXLS +45.07%
Op. Margin
WNS N/A
EXLS N/A
Metrics last refreshed: 7/14/2026
Quick take
WNS vs EXLS: WNS Holdings vs EXL Service Stock Comparison: AI Score, Valuation, Performance and Upside
WNS is the deeper insurance BPO specialist with strong domain expertise and client retention, while EXL is a broader analytics and BPO company with more diversified vertical exposure and better-developed analytics and AI software products. WNS wins on insurance vertical depth; EXL wins on analytics breadth and proprietary software.
WNS vs EXLS is insurance BPO vertical specialist versus broader analytics-and-BPO platform — WNS wins if insurance domain expertise and claims analytics create durable switching costs; EXL wins if analytics and software products differentiate its services beyond pure labor arbitrage.
Live analysis · updated 7/14/2026
WNS and EXLS are closely matched — they split the tracked metrics evenly.
Normalized 1Y performance
WNS
EXLS
Not enough data to chart yet.
Recent returns
WNS
EXLS
Analyst price targets & sentiment
WNS
Price target data unavailable
N/A
EXLS · 8 analysts
STRONG BUYHOLDSTRONG SELL
Buy (1.6/5.0)
Price target range
analyst low$32.00
analyst high$46.00
analyst mean$40.13
current price$27.66
+45.1% upside to analyst mean
Who should consider this stock?
WNS may suit investors who:
- →want the deepest insurance BPO specialist with high client retention and domain switching costs
- →value WNS's insurance claims and underwriting analytics as a high-value niche within outsourcing
- →prefer a focused insurance BPO investment with a manageable client concentration in a deep vertical
- →believe insurance processing complexity protects WNS from AI automation more than generic BPO
EXLS may suit investors who:
- →prefer broader analytics and BPO diversification across insurance, banking, healthcare, and utilities
- →value EXL's proprietary software products as a higher-margin, higher-retention alternative to pure BPO
- →believe EXL's larger analytics business is better positioned for the transition to AI-augmented services
- →want more client and vertical diversification within BPO vs WNS's insurance concentration
Performance & AI score
| Metric | WNS | EXLS |
|---|---|---|
| AI score | N/A | 33.9 |
| AI rank | N/A | #1892 |
| Latest close | N/A | $27.66 |
| 1M return | N/A | -4.09% |
| 6M return | N/A | -34.50% |
| 1Y return | N/A | -35.72% |
$10,000 invested — hypothetical growth (dividends reinvested)
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | WNS | EXLS |
|---|---|---|
| 1Y ago | N/A | $6.43K (-35.7%) started 2025-07-14 |
| 5Y ago | N/A | $12.77K (+27.7%) started 2021-07-14 |
| 10Y ago | N/A | $25.63K (+156.3%) started 2016-07-14 |
Hypothetical — past performance does not guarantee future results.
Valuation & upside potential
| Metric | WNS | EXLS |
|---|---|---|
| Market cap | N/A | $4.23B |
| Trailing P/E | N/A | 16.87 |
| Forward P/E | N/A | 10.97 |
| Price/Sales | 2.49 | 1.96 |
| EV/Revenue | N/A | 2.14 |
| Analyst target | N/A | $40.13 |
| Target upside | N/A | +45.07% |
Growth, profitability & risk
| Metric | WNS | EXLS |
|---|---|---|
| Revenue growth | N/A | 13.80% |
| Earnings growth | N/A | 7.50% |
| EPS growth | N/A | +7.50% |
| FCF margin | N/A | +13.68% |
| Operating margin | N/A | N/A |
| Profit margin | N/A | 11.66% |
| ROIC proxy | N/A | 28.09% |
| Return on equity | N/A | 28.09% |
| Dividend yield | N/A | 0.00% |
| Beta | -0.16 | 0.84 |
| Debt/equity | N/A | 66.86 |
| Current ratio | N/A | 2.66 |
| Quick ratio | N/A | 2.30 |
Drawdown & downside risk
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
1Y risk snapshot
WNS max drawdownN/A
EXLS max drawdown43.93%
WNS max wkly dropN/A
EXLS max wkly drop21.80%
5Y risk snapshot
WNS max drawdownN/A
EXLS max drawdown51.31%
WNS max wkly dropN/A
EXLS max wkly drop21.80%
10Y risk snapshot
WNS max drawdownN/A
EXLS max drawdown51.31%
WNS max wkly dropN/A
EXLS max wkly drop34.65%
Performance metrics by period
| Period | Metric | WNS | EXLS |
|---|---|---|---|
| 1Y | Growth | N/A | -35.72% |
| CAGR | N/A | -35.74% | |
| Sharpe ratio | N/A | -1.19 | |
| Max drawdown | N/A | 43.93% | |
| Max daily drop | N/A | 18.68% | |
| Max wkly drop | N/A | 21.80% | |
| 5Y | Growth | N/A | +27.65% |
| CAGR | N/A | +5.00% | |
| Sharpe ratio | N/A | 0.17 | |
| Max drawdown | N/A | 51.31% | |
| Max daily drop | N/A | 18.68% | |
| Max wkly drop | N/A | 21.80% | |
| 10Y | Growth | N/A | +156.25% |
| CAGR | N/A | +9.87% | |
| Sharpe ratio | N/A | 0.32 | |
| Max drawdown | N/A | 51.31% | |
| Max daily drop | N/A | 21.32% | |
| Max wkly drop | N/A | 34.65% |
Business comparison
| Category | WNS | EXLS |
|---|---|---|
| Company | WNS (Holdings) Limited | ExlService Holdings, Inc. |
| Sector | Technology | Technology |
| Industry | N/A | N/A |
| Core business | Indian business process management (BPO) company with deep vertical expertise in insurance (claims, underwriting support), healthcare, banking, and travel. WNS handles high-complexity insurance claims processing and analytics for large global insurers. | Data analytics and BPO company with a larger analytics business alongside traditional BPO. EXL serves insurance, banking, healthcare, and utilities with a focus on analytics, AI, and digital transformation services. |
| Investor focus | Revenue per seat growth through analytics and AI services, client count and wallet share expansion, insurance vertical depth, and rupee-to-dollar margin management. | Analytics and AI-powered services revenue growth, EXL Illuminate and LifePRO software products, client expansion, and operating margins. |
WNS strengths
- →WNS is the strongest insurance BPO player globally — deep domain expertise in claims, underwriting, and actuarial services creates high switching costs
- →Analytics and AI overlay on core BPO services increases value-add and pricing power beyond pure labor arbitrage
- →Long-term client relationships with major global insurers provide revenue visibility and high retention rates
EXLS strengths
- →EXL's analytics business is larger and more developed than WNS's — a stronger transition toward higher-value AI and data services
- →EXL Illuminate and LifePRO proprietary software products create SaaS-like revenue within the BPO model
- →Larger client diversification across insurance, banking, healthcare, and utilities reduces vertical concentration risk
Risks to watch — WNS
- →AI-powered insurance claims automation could reduce the headcount-driven BPO revenue model over time
- →INR appreciation reduces WNS's labor cost advantage as USD clients pay in dollars and WNS pays employees in rupees
- →WNS has a lower revenue base and fewer diversified clients than EXL, creating more concentration risk
Risks to watch — EXLS
- →Analytics competition from Accenture, IBM, and Cognizant limits EXL's ability to command premium pricing on data services
- →Traditional BPO headcount-driven revenue faces the same AI disruption risk as WNS
- →EXL's margin profile is sensitive to hiring and wage inflation in India's competitive technology labor market
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