eClerx Services Limited ECLERX NIFTY_SMALLNSEAITECH
eClerx Services Limited provides business process management, change management, data-driven insights, and advanced analytics services in India, the United States, the United Kingdom, Europe, and the Asia Pacific. It offers omnichannel customer support services, customer care journey mapping and insights, automated quality monitoring, workforce management, and field technical operations; digital marketing services, including omnichannel campaigns, creative production, MarTech enablement, search and media operations, and content and commerce services; and creative and content productions, such as photo/video, post-production, 3D CGI, VR/AR, digital workflows, and omnichannel delivery. The company also provides market intelligence services which include digital shelf analytics, competitor intelligence, pricing intelligence, assortment optimization, product launch, revenue and yield management, and bid management; anti-money laundering, anti-bribery and compliance, fraud detection and prevention, know your customer, compliance monitoring and audits, and regulatory reporting; and customer, marketing, sales, and operations analytics, as well as business intelligence and data visualization, and enterprise data management. In addition, it offers trade support, client lifecycle, asset servicing, settlements and clearing, and data management; and finance and accounting outsourcing services which comprise automation, procure to pay, order to cash, record to report, and specialty finance, accounting, and FP&A. Further, it provides technology services consisting of digital transformation, strategic managed, application development, and partner ecosystem services. The company serves financial services, cable and telecommunications, retail, fashion, media and entertainment, manufacturing, travel and leisure, software, and high-tech industries. eClerx Services Limited was incorporated in 2000 and is based in Mumbai, India.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Strong return on equity of 29.0%.
- Healthy ROCE of 32.7%.
- Compounding revenue at 15.8% over 5 years.
- Profit CAGR of 13.0% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 39.0% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ECLERX eClerx Services Limited NIFTY_SMALLNSEAITECH | 1,507.80 | 20.24 | ₹14,051.21 Cr | 0.03% | 32.68% | 29.00% | 15.84% | 13.05% |
| 2 | TCS Tata Consultancy Services Limited NIFTY50NSEAITECH | 2,258.90 | 16.61 | ₹8.17 L Cr | 5.49% | 54.93% | 48.40% | 5.80% | 5.30% |
| 3 | INFY Infosys Limited NIFTY50NSEAITECH | 1,160.90 | 15.01 | ₹4.70 L Cr | 4.31% | 41.66% | 31.44% | 3.44% | 3.58% |
| 4 | HCLTECH HCL Technologies Limited NIFTY50NSEAITECH | 1,183.80 | 19.31 | ₹3.20 L Cr | 8.11% | 27.21% | 23.36% | 8.65% | 3.87% |
| 5 | WIPRO Wipro Limited NIFTY50NSEAITECH | 204.25 | 16.26 | ₹2.14 L Cr | 8.32% | 18.42% | 15.49% | 4.05% | 2.44% |
| 6 | TECHM Tech Mahindra Limited NIFTY50NSEAITECH | 1,483.90 | 27.40 | ₹1.31 L Cr | 3.44% | 20.60% | 16.61% | 2.16% | -0.14% |
| 7 | LTM LTM Limited NSETECH | 4,061.60 | 24.04 | ₹1.20 L Cr | 1.85% | 25.39% | 21.29% | 8.43% | 4.41% |
| 8 | LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH | 1,523.90 | 61.35 | ₹1.03 L Cr | - | 27.64% | 24.72% | 0.98% | - |
| 9 | WAAREEENER WAAREE ENERGIES LIMITED NIFTY_MIDNSETECH | 3,140.80 | 27.70 | ₹90,345.53 Cr | 0.13% | 24.21% | 31.57% | 71.63% | 191.18% |
Quarterly Results
Figures in INR.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | 853.82 Cr | 898.29 Cr | 934.56 Cr | - | 1,070.33 Cr | 1,107.29 Cr |
| Cost of Revenue | 545.08 Cr | 564.62 Cr | 603.17 Cr | - | 677.67 Cr | 706.52 Cr |
| Gross Profit | 308.74 Cr | 333.66 Cr | 331.39 Cr | - | 392.66 Cr | 400.77 Cr |
| Operating Expenses | 137.04 Cr | 156.04 Cr | 147.75 Cr | - | 162.70 Cr | 166.84 Cr |
| Operating Income | 171.70 Cr | 177.62 Cr | 183.64 Cr | - | 229.95 Cr | 233.93 Cr |
| EBITDA | 228.06 Cr | 250.50 Cr | 234.65 Cr | - | 306.33 Cr | 313.35 Cr |
| Interest Expense | 8.28 Cr | 10.78 Cr | 9.69 Cr | - | 9.91 Cr | 11.74 Cr |
| Pretax Income | 184.00 Cr | 198.76 Cr | 188.06 Cr | - | 250.12 Cr | 251.95 Cr |
| Tax Provision | 46.80 Cr | 46.24 Cr | 46.51 Cr | - | 58.31 Cr | 62.30 Cr |
| Net Income | 137.07 Cr | 152.16 Cr | 141.68 Cr | - | 191.98 Cr | 189.36 Cr |
| Diluted EPS | - | 15.90 | 14.82 | 19.05 | 19.89 | 20.04 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 2,648.71 Cr | 2,925.54 Cr | 3,365.86 Cr | 4,117.03 Cr |
| Cost of Revenue | - | 1,555.49 Cr | 1,719.71 Cr | 2,147.19 Cr | 2,617.31 Cr |
| Gross Profit | - | 1,093.22 Cr | 1,205.84 Cr | 1,218.68 Cr | 1,499.71 Cr |
| Operating Expenses | - | 481.52 Cr | 546.28 Cr | 551.78 Cr | 623.64 Cr |
| Operating Income | - | 611.70 Cr | 659.55 Cr | 666.89 Cr | 876.08 Cr |
| EBITDA | - | 788.17 Cr | 861.09 Cr | 894.61 Cr | 1,152.62 Cr |
| Interest Expense | - | 21.16 Cr | 23.48 Cr | 34.89 Cr | 42.14 Cr |
| Pretax Income | - | 652.99 Cr | 689.34 Cr | 718.53 Cr | 935.12 Cr |
| Tax Provision | - | 163.81 Cr | 177.60 Cr | 177.27 Cr | 228.66 Cr |
| Net Income | - | 488.82 Cr | 511.46 Cr | 541.09 Cr | 706.21 Cr |
| Diluted EPS | - | 48.58 | 52.19 | 56.04 | 74.42 |
Compounded Sales Growth
| 5 Years: | 15.84% |
| 1 Year: | 23.30% |
Compounded Profit Growth
| 5 Years: | 13.05% |
| 1 Year: | 26.00% |
Stock Price Performance
| 1 Year: | -14.05% |
| 6 Months: | -33.27% |
| 3 Months: | -13.16% |
| 1 Month: | +6.47% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 2,287.74 Cr | 2,916.04 Cr | 3,145.67 Cr | 3,697.02 Cr |
| Current Assets | - | 1,371.41 Cr | 1,934.61 Cr | 2,008.38 Cr | 2,406.32 Cr |
| Cash & Equivalents | - | 417.98 Cr | 353.93 Cr | 541.67 Cr | 696.77 Cr |
| Inventory | - | 45.40 L | 64.50 L | 22.70 L | 62.40 L |
| Receivables | - | 440.49 Cr | 496.00 Cr | 495.42 Cr | 666.45 Cr |
| Total Liabilities | - | 571.19 Cr | 666.57 Cr | 837.71 Cr | 1,132.78 Cr |
| Current Liabilities | - | 350.24 Cr | 363.47 Cr | 440.72 Cr | 706.78 Cr |
| Long Term Debt | 5.00 L | 67.70 L | 0 | - | - |
| Total Debt | - | 193.56 Cr | 265.74 Cr | 358.13 Cr | 384.95 Cr |
| Total Equity | - | 1,714.87 Cr | 2,247.50 Cr | 2,305.76 Cr | 2,561.40 Cr |
| Shares Outstanding | - | 9.81 Cr | 9.81 Cr | 9.53 Cr | 9.32 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 492.57 Cr | 525.89 Cr | 654.62 Cr | 873.47 Cr |
| Investing Cash Flow | - | -84.38 Cr | -487.38 Cr | 130.50 Cr | -140.82 Cr |
| Financing Cash Flow | - | -440.09 Cr | -106.51 Cr | -609.60 Cr | -621.57 Cr |
| Capital Expenditure | - | -90.76 Cr | -67.39 Cr | -121.47 Cr | -119.12 Cr |
| Free Cash Flow | - | 401.81 Cr | 458.50 Cr | 533.14 Cr | 754.34 Cr |
| Net Change in Cash | - | -31.89 Cr | -67.99 Cr | 175.52 Cr | 111.08 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 41.3% | 41.2% | 36.2% | 36.4% |
| Operating Margin % | - | 23.1% | 22.5% | 19.8% | 21.3% |
| Net Margin % | - | 18.5% | 17.5% | 16.1% | 17.2% |
| ROE % | - | 28.5% | 22.8% | 23.5% | 27.6% |
| ROCE % | - | 31.6% | 25.8% | 24.7% | 29.3% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ECLERX