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eClerx Services Ltd

₹ 4,772-0.64%
07 Jan – close price
🔗eclerx.com•BSE: 532927•NSE: ECLERX
Market Cap₹ 22,705 Cr.
Current Price₹ 4,772
High / Low₹ 4,986
Stock P/E57.6
Book Value₹ 307
Dividend Yield0.02 %
ROCE28.8 %
ROE23.6 %
Face Value₹ 10.0
Sales₹ 2,607 Cr.
OPM21.8 %
Mar Cap₹ 22,705 Cr.

ABOUT

EClerx Services Ltd incorporated in 2000, provides business process management, automation and analytics services to a number of Fortune 2000 enterprises, including some of the world's leading financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure and technology companies[1]

KEY POINTS

Business Segments1. Customer Operations: The company provides advanced analytics, automation, technical operations support, and digital care services. It helps its clients in improving sales and retention while reducing service costs.

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsExcellent ResultsRevenue GuidanceCapacity Expansion And ProductsOrder Book PositionLarge Order ReceiptsJv Partnerships AcquisitionsCredit Rating UpdatesRed Flags And Poor PerformanceRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Firstsour.Solu.337.1536.0423837.441.19179.5228.792312.2220.0915.378793.7115.62661.46178.015.468.560.54
2.eClerx Services4772.1057.5522704.720.02110.1112.78691.2912.8728.832606.7821.82394.54110.1115.5316.600.18
3.RPSG Ventures742.05389.212452.020.00-41.1342.922668.2623.2011.3310565.9814.286.30-44.440.931.082.41
4.Hinduja Global445.35–2094.440.00-26.9956.891091.040.363.014372.385.97-58.42-19.530.260.910.24
5.One Point One56.6940.881490.500.009.8517.5470.8713.4313.02272.6122.0736.469.853.507.340.13
6.Alldigi Tech823.9017.281249.863.6417.6249.70147.4212.1731.36576.8924.3072.3317.625.0717.540.33
7.NSB BPO93.4516.05186.640.005.7911.1371.692.3710.17122.6515.0411.055.79–6.840.18
–Median: 8 Co.391.2540.881792.470.07.8235.86419.3513.1512.991591.8415.3323.767.825.077.090.22

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
488530609495569665501561642465509612691
Expenses
349395481377465522345425496335381465538
Operating Profit
139136127119104143156136146130127148153
Other Income
211413614106152714101026
Profit before tax
14112911210694125140128140126117131147
Tax %
25%26%26%25%25%26%24%26%23%26%26%26%25%
Net Profit
106968380709310795108948798110
EPS in Rs
20.8019.5417.4716.2814.3519.5021.8119.3622.7218.5117.6620.4923.11

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
7138181,1061,1621,1441,1401,1201,1971,5511,8882,0952,4322,607
Expenses
4055516877398178848788371,0271,3661,5771,9062,038
Operating Profit
308267419423327255242361525523518525569
Other Income
1632122065564332157456477
Interest
11111118191717193132
Depreciation
14294236302645505259648289
Profit before tax
309270389405361284183324477504480476524
Net Profit
247216295331278210124239355378357360395
EPS in Rs
40.8135.5548.1855.4748.0336.0822.2645.6670.0077.1872.8375.4582.80
Dividend Payout %
43%49%1%1%1%2%3%1%1%1%1%1%–

Compounded Profit Growth

10 Years:5%
5 Years:17%
3 Years:-1%
TTM:10%

Compounded Sales Growth

10 Years:12%
5 Years:17%
3 Years:16%
TTM:15%

Return on Equity

10 Years:25%
5 Years:26%
3 Years:27%
Last Year:24%

Stock Price CAGR

10 Years:18%
5 Years:51%
3 Years:56%
1 Year:41%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
30304140393937343348484747
Reserves
5086169281,0601,0571,2661,0741,1491,1411,1111,4641,3111,417
Borrowings
000000127121107125199262270
Other Liabilities
189225120156195198278222264313335424466
Total Liabilities
7278721,0891,2551,2911,5031,5161,5251,5461,5972,0472,0432,200
Fixed Assets
436577584761159148136157263353358
Gross Block
115.07164.95112.52128.04139.43175.54290.56319.80355.27430.39590.11746.77–
Accumulated Depreciation
72.3199.7035.8069.6492.60114.96131.55171.50219.46273.09327.41393.75–
CWIP
11010000220103
Investments
212247462485403520674713683676799667790
Other Assets
4715585507118419236836647247439841,0231,049
Total Assets
7278721,0891,2551,2911,5031,5161,5251,5461,5972,0472,0432,200

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
185199381328294161291248355355367434
Cash from Investing Activity
-76-49-232-170-11-2673514454-354216
Cash from Financing Activity
-84-115-114-232-2561-302-173-393-419-79-587
Net Cash Flow
263535-7426-10624767-10-6763

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
425149535460565956628988
Inventory Days
––––––––––––
Days Payable
––––––––––––
Cash Conversion Cycle
425149535460565956628988
Working Capital Days
62156695959204845405047
ROCE %
65%46%51%40%31%24%20%25%38%40%33%29%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
53.38%53.61%53.61%53.61%53.61%53.61%53.61%53.81%53.81%53.81%53.81%53.81%
FIIs
12.03%12.64%12.62%12.13%11.81%12.19%11.78%10.31%10.27%10.12%10.16%10.95%
DIIs
19.94%20.19%20.89%21.64%22.91%22.75%22.49%24.02%24.19%25.12%26.04%25.72%
Public
12.48%11.52%11.14%10.92%10.04%9.78%10.68%10.42%10.38%9.49%8.59%7.98%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

eClerx Services Ltd: 6.75 Lakh Employee Stock Options Vested on April 1, 2026

1st April 2026, 11:07 pm

eClerx to Hold Investor Meeting on March 30, 2026

30th March 2026, 8:30 pm

eClerx Services Announces Trading Window Closure for Financial Results

27th March 2026, 6:23 pm

eClerx Services announces investor meeting on March 19, 2026

19th March 2026, 6:40 pm

eClerx to Hold Investor Meeting with Axis Asset Management on March 18, 2026

18th March 2026, 11:52 pm

Published by Other Websites

External media mentions & references

Dolat Capital: IT Valuations Attractive; Infosys, LTIMindtree Top Picks

1st April 2026, 11:56 am

Analyst Watch: Cipla Price Target Slashed, Bajaj Finserv, Coforge Moves

27th March 2026, 8:41 am

Nomura Picks Top Indian IT Stocks as AI Wave Accelerates

20th March 2026, 12:26 pm

Indian IT Stocks Face Headwinds Despite Accenture's AI Optimism

20th March 2026, 11:34 am

Market Movers: JK Lakshmi, Gravita India Lead Day's Corporate Action

13th March 2026, 7:32 am

News Articles

Editorial & research coverage

AI Fears Spark IT Stock Sell-Off; Sector Faces Adaptation Test
AI Fears Spark IT Stock Sell-Off; Sector Faces Adaptation Test

6th February 2026, 12:34 pm

IT Stocks: Analyst Sees Buying Opportunity Amidst AI Uncertainty
IT Stocks: Analyst Sees Buying Opportunity Amidst AI Uncertainty

5th February 2026, 12:43 pm

India-US Trade Deal Sparks Market Rally, 10 Stocks Recommended
India-US Trade Deal Sparks Market Rally, 10 Stocks Recommended

3rd February 2026, 7:20 am

Indian Markets Show Divergence, Low-Cap Stocks Surge
Indian Markets Show Divergence, Low-Cap Stocks Surge

29th January 2026, 4:39 pm

Metals Surge on Copper Boom, IT Services Shine as Market Halts
Metals Surge on Copper Boom, IT Services Shine as Market Halts

29th January 2026, 2:21 pm

Documents

Announcements

Announcement under Regulation 30 (LODR)-Post Offer Public Announcement

2d - Completed buyback: 625,000 shares at ₹4,800; ₹3,000M used; tender closed Dec 29; settlement Jan 2, 2026.

Closure of Trading Window

29 Dec - Trading window closed from Jan 1, 2026 until 48 hours after unaudited results for quarter ended Dec 31, 2025.

Announcement under Regulation 30 (LODR)-Newspaper Publication

20 Dec - Newspaper advertisement regarding completion of dispatch of Letter of Offer of Buy Back

Update On Buy Back Of Equity Shares - Letter Of Offer

18 Dec - Buyback up to 625,000 shares at ₹4,800 each (₹3,000M); opens Dec 22, closes Dec 29, 2025.

Announcement under Regulation 30 (LODR)-Newspaper Publication

17 Dec - Addendum to the Public Announcement for Buy Back of Equity Shares

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

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Financial Year 2023

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Financial Year 2022

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Financial Year 2021

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Financial Year 2020

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Financial Year 2019

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Financial Year 2018

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Financial Year 2017

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Financial Year 2016

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Financial Year 2015

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Financial Year 2014

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Financial Year 2013

(from bse)

Financial Year 2012

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Financial Year 2011

(from bse)

Credit Ratings

No credit ratings.

Concalls

Oct 2025

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Stock Analysis

Description

eClerx Services Limited, incorporated in 2000, provides business process management, automation, and analytics services to Fortune 2000 enterprises globally, focusing on sectors like financial services, communications, and retail.

Key Growth Triggers

Currently no data available for Key Growth Triggers.

Order Book

Currently no data available for Order Book.

Key Red Flags

Currently no data available for Key Red Flags.

Key Dates To Watch

Currently no data available for Key Dates To Watch.

Corporate Announcements

1st Apr 26
Impact Rating: 6
eClerx Services Ltd's 6,75,870 employee stock options, granted May 25, 2023, vested April 1, 2026, after 3 years. Eligible employees can exercise these at Rs. 709.91 per share for the next three years.
30th Mar 26
Impact Rating: 5
As part of its listing compliance, eClerx Services Limited will engage in an investor meeting with Unifi Capital Pvt Ltd. on March 30, 2026.
27th Mar 26
Impact Rating: 8
In line with SEBI rules, eClerx Services is closing its trading window from April 1, 2026. This closure will last until 48 hours after the audited financial results for the quarter and year ended March 31, 2026, are disseminated.
19th Mar 26
Impact Rating: 6
eClerx Services Limited announced an investor meeting on March 19, 2026, with HDFC Asset Management Company Ltd. Discussions will focus on industry and company-specific developments in the public domain.
18th Mar 26
Impact Rating: 4
eClerx Services Limited has scheduled an investor meeting with Axis Asset Management Company Ltd. on March 18, 2026, to discuss industry and company-specific developments.