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eClerx Services Limited

eClerx Services Limited

ECLERX.BO
eClerx Services LimitedIN flagBombay Stock Exchange
1,498.85
INR
+7.60
- -
140.74BMarket Cap
eClerx Services Limited
ECLERX.BO
(Bombay Stock Exchange)

Recent

price

1,498.85

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
29.79
40.8
56.13
70.02
77.75
107.75
109.39
114
122.64
131.17
150.63
213.6
267.56
303.6
355.19
- -
332.42
Revenue per Share
10.66
13.79
14.58
21.28
18.96
28
29.12
24.41
20.02
19.09
27.2
41.27
49.38
53.08
57.1
- -
55.86
Basic EPS, GAAP
6.79
12.68
10.76
14.44
15
29.89
23.25
22.17
13.51
27.26
31.36
37.88
40.59
47.58
56.26
- -
- -
Free Cash Flow per Basic Share
2.5
5.63
4.37
6.32
8.75
8.73
0.34
0.33
0.33
0.33
0.33
0.34
0.34
0.5
0.5
- -
- -
Dividend per Share
15.1
2.51
2.54
2.51
48.26
66.12
91.05
96.6
120.19
120.93
141.69
149.56
165.11
219.7
229.95
- -
9.83
Book Value per Share
20.5
29.35
30.5
40.79
61.67
66.84
79.02
78.05
97.97
94.36
95.41
105.58
121.53
183.54
193
- -
218.88
Tangible Book Value per Share
115
116
118
120
121
122
122
119
114
109
104
101
99
96
95
- -
94
Basic Weighted Avg Shares
3,421
4,729
6,605
8,410
9,421
13,143
13,300
13,543
13,980
14,360
15,645
21,603
26,487
29,255
33,659
41,170
31,122
Sales/Revenue/Turnover
36.67
37.55
34.71
38.24
28.29
32.34
31.47
23.75
19.16
17.91
24.6
25.98
23.09
22.18
19.81
21.28
20.81
Operating Margin (%)
91
129
255
330
500
565
518
482
447
709
816
1,032
1,140
1,483
1,412
1,754
1,329
Depreciation Expense
1,224
1,598
1,716
2,557
2,297
3,415
3,540
2,900
2,283
2,090
2,826
4,174
4,888
5,115
5,411
7,062
5,230
Net Income, GAAP
12.04
19.77
18.65
22.9
22.91
25.75
18.79
23.6
26.7
25.51
25.69
25.47
25.09
25.76
24.67
24.45
24.21
Effective Tax Rate (%)
35.79
33.79
25.98
30.4
24.38
25.98
26.62
21.41
16.33
14.55
18.06
19.32
18.46
17.48
16.08
17.15
16.81
Profit Margin (%)
1,969
2,896
2,893
3,842
6,304
7,334
8,760
8,747
10,123
9,444
9,175
9,680
10,212
15,711
15,677
16,995
16,995
Working Capital
- -
- -
- -
97
104
152
136
141
136
1,320
1,439
1,265
1,509
2,248
3,081
3,244
3,244
LT Debt
2,384
3,429
4,383
5,890
8,448
10,933
12,158
12,053
13,819
13,068
15,017
15,688
17,166
22,495
23,080
25,642
25,642
Total Equity
50.36
49.01
47.75
47.83
28.06
31.78
28.7
19.73
14.85
13.29
17.98
24.32
25.06
21.69
19.26
23.38
17.34
Return on Invested Capital (%)
81.29
157.87
582.37
733.43
72.33
48.11
36.39
25.31
17.87
15.55
19.01
26.06
28.76
25.09
23.04
48.87
123.27
Return on Capital (%)
81.29
157.87
582.37
851.45
74.7
49.09
37
25.72
18.13
15.51
20.21
27.97
31.06
27.27
25.19
62.19
752.6
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
605
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
3,244
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
94
- -
93
Market Capitalization
188,424
220,342
129,933

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
- -
- -
24,063
Cash, Cash Equivalents & STI
- -
- -
12,485
Accounts Receivable, Net
- -
- -
6,665
Inventories
- -
- -
6
Total Current Liabilities
- -
- -
7,068
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
605
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.31%
11.73%
11.1%
Free Cash Flow
12.65%
18.87%
41.49%
Net Income, GAAP
9.68%
21.15%
30.52%
Sales/Revenue/Turnover
12.64%
21.7%
22.32%
Total Cash Common Dividend
-7.37%
8.03%
0.06%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,845
7,218
7,528
7,665
29,255
2025
7,819
8,318
8,538
8,983
33,659
2026
9,346
- -
10,703
11,073
41,170

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11.06
14.1
14.38
- -
53.08
2025
11.56
14.83
14.58
16.19
57.1
2026
15.08
- -
20.4
20.47
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.5
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
- -
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Business
eClerx Services Limited provides productized business process management, data analytics, automation, and AI-driven solutions to global enterprises. The company operates through three primary divisions: eClerx Customer Operations, which delivers operations support, technology solutions, data analytics and reporting, customer experience management, and consulting services; eClerx Digital, encompassing data management, analytics and insights, digital marketing operations, and creative production including eCommerce and web operations; and eClerx Markets, offering derivative trade support, cash securities operations, regulatory compliance and data management, document management, analytics, and specialized technology products such as Compliance Manager, Market360, Fluiid4, DocIntel, and Merchandiser+. Additional offerings include robotic process automation via Roboworx, Q-Clips for customer interaction analysis, chatbots, workforce management tools, and quality assurance testing with Webassure. eClerx serves financial services, banking, insurance, cable and telecommunications, retail, fashion, media and entertainment, manufacturing, travel and leisure, software, and high-tech industries, with 80% of business from Fortune 500 clients including 8 of 10 Tier 1 banks; target markets span Americas, APAC, and EMEA, supported by over 20,000 employees across global delivery centers. Founded in 2000 and headquartered in Mumbai, India, the company maintains subsidiaries including wholly-owned step-down entities like Eclipse Global Holdings Inc and Personiv Eclipse Inc, originally acquired in 2020. Recent developments include the merger of Eclipse Global Holdings Inc with Personiv Eclipse Inc, effective November 3, 2025, to streamline corporate structure and enhance operational efficiency without altering shareholding; inauguration of new delivery centers in Lima, Peru in April 2025 and Cairo, Egypt in June 2025 to expand bilingual talent access and technology-driven customer care; and accelerated investments in AI, Generative AI, and capabilities following the 2023 launch of an AI-driven analytics platform targeting fintech growth.