Share Price and Basic Stock Data
Last Updated: January 12, 2026, 4:08 pm
| PEG Ratio | 3.83 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
eClerx Services Ltd operates within the IT Enabled Services sector and has reported a current market capitalization of ₹22,705 Cr. The company’s stock price is ₹4,772, reflecting a price-to-earnings (P/E) ratio of 37.0, which is relatively high compared to the average P/E in the IT services sector. Revenue trends indicate a consistent upward trajectory, with sales reported at ₹2,648 Cr for FY 2023, rising to ₹3,366 Cr for FY 2025. In the first quarter of FY 2025, the company recorded sales of ₹767 Cr, demonstrating a robust quarterly growth rate. The operating profit margin (OPM) stood at 27% for FY 2023, and while it is expected to decline slightly to 24% in FY 2025, it remains within a competitive range for the industry. The company’s sales growth is primarily driven by expanding client relationships and a diversified service portfolio, positioning it favorably against peers in the IT services space.
Profitability and Efficiency Metrics
eClerx Services Ltd has demonstrated strong profitability metrics, with a reported net profit of ₹615 Cr for FY 2025, translating to an impressive return on equity (ROE) of 22.8%. The company’s operating profit recorded a figure of ₹776 Cr for FY 2024, with the operating profit margin remaining healthy at 27%. The interest coverage ratio (ICR) stood at 25.64x, indicating a strong ability to meet interest obligations, which is significantly higher than the typical industry range. The cash conversion cycle (CCC) reported at 86 days also reflects efficient management of working capital, although it has increased from previous years. The company’s net profit margin of 16.08% for FY 2025 aligns well with industry standards, showcasing effective cost management despite rising operational expenses. However, the declining OPM from 31% in FY 2022 to 24% in FY 2025 warrants attention as it may impact future profitability.
Balance Sheet Strength and Financial Ratios
eClerx Services Ltd maintains a robust balance sheet characterized by total assets of ₹3,139 Cr, with total borrowings recorded at ₹395 Cr, reflecting a low debt-to-equity ratio. The equity capital stood at ₹47 Cr, while reserves totaled ₹2,577 Cr, underscoring the company’s strong capital base. The reported book value per share was ₹491.01 for FY 2025, indicating a solid foundation for shareholder value. The current ratio of 4.56x suggests ample liquidity, significantly exceeding the industry norm of around 2x, which positions the company favorably in terms of short-term financial health. Furthermore, the return on capital employed (ROCE) of 28% highlights efficient utilization of capital for generating profits. However, the increasing trend in expenses, which reached ₹2,557 Cr in FY 2025, could pose a challenge to maintaining these favorable ratios if not managed effectively.
Shareholding Pattern and Investor Confidence
eClerx’s shareholding structure illustrates significant confidence from institutional investors, with foreign institutional investors (FIIs) holding 10.95% and domestic institutional investors (DIIs) owning 25.72% of the company as of September 2025. Promoters maintain a substantial stake of 53.81%, indicating strong internal confidence and alignment with shareholder interests. The total number of shareholders stood at 65,927, reflecting a diversified ownership base. Notably, the proportion of public shareholders has decreased from 12.48% in December 2022 to 7.98% in September 2025, suggesting a consolidation of ownership among larger stakeholders. The dividend payout ratio, remaining low at 0.86%, indicates a strategy focused on reinvestment for growth rather than immediate returns, which may appeal to long-term investors. This combination of stable promoter holding and increasing institutional interest bolsters investor confidence in the company’s long-term growth prospects.
Outlook, Risks, and Final Insight
The outlook for eClerx Services Ltd appears positive, driven by its strong revenue growth trajectory and solid profitability metrics. However, the company faces risks including rising operational expenses and a declining operating profit margin, which could pressure future profitability. Furthermore, the increasing cash conversion cycle of 86 days may indicate potential inefficiencies in working capital management. As the company continues to expand its service offerings and client base, maintaining operational efficiency will be crucial. Additionally, any adverse changes in the global IT services landscape could impact its performance. Investors should weigh the strengths of strong institutional backing and robust financial health against these risks. Overall, while eClerx Services Ltd holds a favorable position in the market, close monitoring of its financial metrics and market conditions will be essential for sustained growth.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| N2N Technologies Ltd | 11.7 Cr. | 36.1 | 42.2/14.2 | 7.99 | 21.3 | 0.00 % | 4.04 % | 24.0 % | 10.0 |
| eMudhra Ltd | 4,542 Cr. | 548 | 990/537 | 47.8 | 98.2 | 0.23 % | 15.3 % | 12.1 % | 5.00 |
| BNR Udyog Ltd | 12.9 Cr. | 43.0 | 90.0/38.0 | 32.9 | 0.00 % | 10.0 % | 5.52 % | 10.0 | |
| BLS E-Services Ltd | 1,606 Cr. | 177 | 233/131 | 28.5 | 55.5 | 0.55 % | 15.8 % | 11.0 % | 10.0 |
| BGIL Films & Technologies Ltd | 9.82 Cr. | 8.67 | 24.7/6.31 | 16.7 | 0.00 % | 0.34 % | 0.88 % | 10.0 | |
| Industry Average | 7,828.73 Cr | 663.09 | 34.86 | 189.83 | 0.42% | 19.34% | 20.92% | 7.41 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 650 | 687 | 693 | 684 | 722 | 753 | 767 | 782 | 832 | 854 | 898 | 935 | 1,005 |
| Expenses | 469 | 496 | 486 | 517 | 517 | 546 | 571 | 616 | 616 | 646 | 680 | 714 | 734 |
| Operating Profit | 181 | 191 | 207 | 167 | 205 | 207 | 196 | 166 | 216 | 207 | 219 | 221 | 271 |
| OPM % | 28% | 28% | 30% | 24% | 28% | 28% | 26% | 21% | 26% | 24% | 24% | 24% | 27% |
| Other Income | 21 | 18 | 5 | 8 | 14 | 19 | 23 | 21 | 13 | 21 | 32 | 14 | 27 |
| Interest | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 8 | 8 | 8 | 11 | 10 | 11 |
| Depreciation | 27 | 30 | 32 | 28 | 30 | 34 | 34 | 32 | 33 | 36 | 41 | 37 | 42 |
| Profit before tax | 170 | 173 | 174 | 141 | 182 | 187 | 179 | 148 | 188 | 184 | 199 | 188 | 245 |
| Tax % | 26% | 24% | 24% | 24% | 25% | 26% | 28% | 24% | 26% | 25% | 23% | 25% | 25% |
| Net Profit | 126 | 131 | 132 | 107 | 136 | 139 | 130 | 112 | 140 | 137 | 153 | 142 | 183 |
| EPS in Rs | 24.82 | 25.85 | 27.04 | 21.69 | 27.73 | 28.28 | 26.62 | 22.77 | 29.43 | 28.77 | 31.93 | 29.73 | 38.44 |
Last Updated: January 1, 2026, 9:32 pm
Below is a detailed analysis of the quarterly data for eClerx Services Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 1,005.00 Cr.. The value appears strong and on an upward trend. It has increased from 935.00 Cr. (Jun 2025) to 1,005.00 Cr., marking an increase of 70.00 Cr..
- For Expenses, as of Sep 2025, the value is 734.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 714.00 Cr. (Jun 2025) to 734.00 Cr., marking an increase of 20.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 271.00 Cr.. The value appears strong and on an upward trend. It has increased from 221.00 Cr. (Jun 2025) to 271.00 Cr., marking an increase of 50.00 Cr..
- For OPM %, as of Sep 2025, the value is 27.00%. The value appears strong and on an upward trend. It has increased from 24.00% (Jun 2025) to 27.00%, marking an increase of 3.00%.
- For Other Income, as of Sep 2025, the value is 27.00 Cr.. The value appears strong and on an upward trend. It has increased from 14.00 Cr. (Jun 2025) to 27.00 Cr., marking an increase of 13.00 Cr..
- For Interest, as of Sep 2025, the value is 11.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10.00 Cr. (Jun 2025) to 11.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Sep 2025, the value is 42.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 37.00 Cr. (Jun 2025) to 42.00 Cr., marking an increase of 5.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 245.00 Cr.. The value appears strong and on an upward trend. It has increased from 188.00 Cr. (Jun 2025) to 245.00 Cr., marking an increase of 57.00 Cr..
- For Tax %, as of Sep 2025, the value is 25.00%. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 25.00%.
- For Net Profit, as of Sep 2025, the value is 183.00 Cr.. The value appears strong and on an upward trend. It has increased from 142.00 Cr. (Jun 2025) to 183.00 Cr., marking an increase of 41.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 38.44. The value appears strong and on an upward trend. It has increased from 29.73 (Jun 2025) to 38.44, marking an increase of 8.71.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:25 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 841 | 942 | 1,314 | 1,330 | 1,365 | 1,431 | 1,438 | 1,564 | 2,160 | 2,648 | 2,926 | 3,366 | 3,692 |
| Expenses | 486 | 626 | 833 | 869 | 998 | 1,122 | 1,111 | 1,115 | 1,498 | 1,925 | 2,150 | 2,557 | 2,774 |
| Operating Profit | 355 | 316 | 482 | 461 | 368 | 309 | 326 | 450 | 662 | 723 | 776 | 809 | 918 |
| OPM % | 42% | 34% | 37% | 35% | 27% | 22% | 23% | 29% | 31% | 27% | 27% | 24% | 25% |
| Other Income | 11 | 32 | 36 | 28 | 61 | 49 | 45 | 34 | 24 | 66 | 64 | 87 | 94 |
| Interest | 1 | 1 | 1 | 2 | 1 | 1 | 20 | 21 | 23 | 22 | 24 | 36 | 40 |
| Depreciation | 33 | 50 | 57 | 52 | 48 | 45 | 71 | 82 | 103 | 114 | 126 | 141 | 156 |
| Profit before tax | 332 | 298 | 460 | 436 | 380 | 311 | 281 | 381 | 560 | 653 | 689 | 719 | 816 |
| Tax % | 23% | 23% | 26% | 19% | 24% | 27% | 26% | 26% | 25% | 25% | 26% | 25% | |
| Net Profit | 256 | 230 | 342 | 354 | 290 | 228 | 209 | 283 | 418 | 489 | 512 | 541 | 615 |
| EPS in Rs | 42.33 | 37.84 | 55.80 | 59.30 | 50.08 | 39.29 | 37.65 | 54.03 | 82.33 | 99.71 | 104.33 | 113.55 | 128.87 |
| Dividend Payout % | 41% | 46% | 1% | 1% | 1% | 2% | 2% | 1% | 1% | 1% | 1% | 1% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -10.16% | 48.70% | 3.51% | -18.08% | -21.38% | -8.33% | 35.41% | 47.70% | 16.99% | 4.70% | 5.66% |
| Change in YoY Net Profit Growth (%) | 0.00% | 58.85% | -45.19% | -21.59% | -3.30% | 13.05% | 43.74% | 12.30% | -30.72% | -12.28% | 0.96% |
eClerx Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 19% |
| 3 Years: | 16% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 20% |
| 3 Years: | 8% |
| TTM: | 10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 55% |
| 3 Years: | 46% |
| 1 Year: | 53% |
| Return on Equity | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 25% |
| 3 Years: | 25% |
| Last Year: | 23% |
Last Updated: September 5, 2025, 3:20 am
Balance Sheet
Last Updated: December 10, 2025, 2:37 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 30 | 30 | 41 | 40 | 38 | 38 | 36 | 34 | 33 | 48 | 48 | 47 | 47 |
| Reserves | 559 | 685 | 1,052 | 1,176 | 1,167 | 1,344 | 1,270 | 1,467 | 1,534 | 1,667 | 2,199 | 2,259 | 2,577 |
| Borrowings | 0 | 0 | 4 | 1 | 6 | 2 | 157 | 175 | 163 | 194 | 266 | 358 | 395 |
| Other Liabilities | 201 | 242 | 192 | 182 | 208 | 201 | 260 | 315 | 324 | 365 | 406 | 475 | 511 |
| Total Liabilities | 790 | 957 | 1,288 | 1,398 | 1,419 | 1,584 | 1,723 | 1,991 | 2,055 | 2,274 | 2,919 | 3,139 | 3,530 |
| Fixed Assets | 155 | 167 | 365 | 325 | 343 | 348 | 480 | 728 | 713 | 773 | 843 | 974 | 1,040 |
| CWIP | 1 | 1 | 0 | 2 | 0 | 0 | 1 | 0 | 2 | 21 | 1 | 0 | 4 |
| Investments | 115 | 155 | 219 | 252 | 165 | 286 | 437 | 229 | 196 | 275 | 406 | 309 | 439 |
| Other Assets | 518 | 634 | 704 | 820 | 910 | 950 | 806 | 1,033 | 1,145 | 1,206 | 1,669 | 1,856 | 2,048 |
| Total Assets | 790 | 957 | 1,288 | 1,398 | 1,419 | 1,584 | 1,723 | 1,991 | 2,055 | 2,274 | 2,919 | 3,139 | 3,530 |
Below is a detailed analysis of the balance sheet data for eClerx Services Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 47.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 47.00 Cr..
- For Reserves, as of Sep 2025, the value is 2,577.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,259.00 Cr. (Mar 2025) to 2,577.00 Cr., marking an increase of 318.00 Cr..
- For Borrowings, as of Sep 2025, the value is 395.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 358.00 Cr. (Mar 2025) to 395.00 Cr., marking an increase of 37.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 511.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 475.00 Cr. (Mar 2025) to 511.00 Cr., marking an increase of 36.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 3,530.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,139.00 Cr. (Mar 2025) to 3,530.00 Cr., marking an increase of 391.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 1,040.00 Cr.. The value appears strong and on an upward trend. It has increased from 974.00 Cr. (Mar 2025) to 1,040.00 Cr., marking an increase of 66.00 Cr..
- For CWIP, as of Sep 2025, the value is 4.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2025) to 4.00 Cr., marking an increase of 4.00 Cr..
- For Investments, as of Sep 2025, the value is 439.00 Cr.. The value appears strong and on an upward trend. It has increased from 309.00 Cr. (Mar 2025) to 439.00 Cr., marking an increase of 130.00 Cr..
- For Other Assets, as of Sep 2025, the value is 2,048.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,856.00 Cr. (Mar 2025) to 2,048.00 Cr., marking an increase of 192.00 Cr..
- For Total Assets, as of Sep 2025, the value is 3,530.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,139.00 Cr. (Mar 2025) to 3,530.00 Cr., marking an increase of 391.00 Cr..
Notably, the Reserves (2,577.00 Cr.) exceed the Borrowings (395.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 355.00 | 316.00 | 478.00 | 460.00 | 362.00 | 307.00 | 169.00 | 275.00 | 499.00 | 529.00 | 510.00 | 451.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 43 | 49 | 52 | 59 | 62 | 62 | 60 | 68 | 56 | 61 | 88 | 86 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 43 | 49 | 52 | 59 | 62 | 62 | 60 | 68 | 56 | 61 | 88 | 86 |
| Working Capital Days | 12 | 22 | 52 | 74 | 72 | 70 | 44 | 46 | 47 | 46 | 61 | 59 |
| ROCE % | 65% | 46% | 51% | 38% | 30% | 24% | 21% | 24% | 34% | 36% | 32% | 28% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HDFC Small Cap Fund | 3,291,244 | 3.94 | 1497.75 | 3,626,595 | 2025-12-14 02:07:17 | -9.25% |
| Nippon India Small Cap Fund | 1,712,794 | 1.14 | 779.44 | 1,637,136 | 2025-12-08 07:42:13 | 4.62% |
| DSP Small Cap Fund | 1,105,918 | 2.96 | 503.27 | 1,571,112 | 2025-12-07 00:37:57 | -29.61% |
| HDFC Childrens Fund | 746,957 | 3.2 | 339.92 | N/A | N/A | N/A |
| HSBC Small Cap Fund | 730,581 | 2.05 | 332.47 | N/A | N/A | N/A |
| HSBC Midcap Fund | 339,087 | 1.23 | 154.31 | N/A | N/A | N/A |
| Bandhan Small Cap Fund | 312,103 | 0.78 | 142.03 | 278,668 | 2025-12-08 07:53:24 | 12% |
| ICICI Prudential Technology Fund | 257,416 | 0.75 | 117.14 | 502,726 | 2025-12-07 02:18:06 | -48.8% |
| Tata Digital India Fund | 240,437 | 0.91 | 109.42 | N/A | N/A | N/A |
| Axis Multicap Fund | 230,351 | 1.13 | 104.83 | 254,175 | 2025-12-14 02:07:17 | -9.37% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 114.19 | 106.15 | 98.76 | 123.81 | 81.61 |
| Diluted EPS (Rs.) | 112.07 | 104.38 | 97.15 | 121.57 | 81.29 |
| Cash EPS (Rs.) | 145.33 | 132.17 | 125.58 | 157.40 | 107.16 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 491.01 | 466.38 | 357.36 | 473.99 | 441.60 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 491.01 | 466.38 | 357.36 | 473.99 | 441.60 |
| Revenue From Operations / Share (Rs.) | 716.75 | 606.56 | 551.25 | 652.71 | 460.06 |
| PBDIT / Share (Rs.) | 190.51 | 174.25 | 164.09 | 207.02 | 141.88 |
| PBIT / Share (Rs.) | 160.44 | 148.17 | 140.35 | 175.84 | 117.89 |
| PBT / Share (Rs.) | 153.01 | 142.92 | 135.94 | 169.34 | 111.93 |
| Net Profit / Share (Rs.) | 115.26 | 106.10 | 101.84 | 126.22 | 83.17 |
| NP After MI And SOA / Share (Rs.) | 115.22 | 106.04 | 101.77 | 126.11 | 83.09 |
| PBDIT Margin (%) | 26.57 | 28.72 | 29.76 | 31.71 | 30.83 |
| PBIT Margin (%) | 22.38 | 24.42 | 25.45 | 26.94 | 25.62 |
| PBT Margin (%) | 21.34 | 23.56 | 24.66 | 25.94 | 24.32 |
| Net Profit Margin (%) | 16.08 | 17.49 | 18.47 | 19.33 | 18.07 |
| NP After MI And SOA Margin (%) | 16.07 | 17.48 | 18.46 | 19.32 | 18.06 |
| Return on Networth / Equity (%) | 23.46 | 22.75 | 28.50 | 26.62 | 18.82 |
| Return on Capital Employeed (%) | 27.85 | 28.00 | 34.79 | 32.91 | 23.27 |
| Return On Assets (%) | 17.20 | 17.46 | 21.36 | 20.16 | 14.07 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 |
| Total Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 |
| Asset Turnover Ratio (%) | 1.11 | 1.12 | 1.22 | 0.87 | 0.71 |
| Current Ratio (X) | 4.56 | 5.17 | 3.92 | 4.21 | 4.21 |
| Quick Ratio (X) | 4.56 | 5.17 | 3.91 | 4.21 | 4.21 |
| Inventory Turnover Ratio (X) | 7719.87 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 0.86 | 0.94 | 0.67 | 0.81 | 1.20 |
| Dividend Payout Ratio (CP) (%) | 0.68 | 0.75 | 0.54 | 0.65 | 0.93 |
| Earning Retention Ratio (%) | 99.14 | 99.06 | 99.33 | 99.19 | 98.80 |
| Cash Earning Retention Ratio (%) | 99.32 | 99.25 | 99.46 | 99.35 | 99.07 |
| Interest Coverage Ratio (X) | 25.64 | 35.79 | 37.24 | 31.84 | 23.79 |
| Interest Coverage Ratio (Post Tax) (X) | 16.51 | 22.87 | 24.12 | 20.41 | 14.95 |
| Enterprise Value (Cr.) | 12309.03 | 10667.55 | 5774.25 | 7360.72 | 3440.89 |
| EV / Net Operating Revenue (X) | 3.66 | 3.65 | 2.18 | 3.41 | 2.20 |
| EV / EBITDA (X) | 13.76 | 12.69 | 7.33 | 10.74 | 7.13 |
| MarketCap / Net Operating Revenue (X) | 3.88 | 3.88 | 2.34 | 3.63 | 2.40 |
| Retention Ratios (%) | 99.13 | 99.05 | 99.32 | 99.18 | 98.79 |
| Price / BV (X) | 5.66 | 5.05 | 3.62 | 5.01 | 2.50 |
| Price / Net Operating Revenue (X) | 3.88 | 3.88 | 2.34 | 3.63 | 2.40 |
| EarningsYield | 0.04 | 0.04 | 0.07 | 0.05 | 0.07 |
After reviewing the key financial ratios for eClerx Services Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 114.19. This value is within the healthy range. It has increased from 106.15 (Mar 24) to 114.19, marking an increase of 8.04.
- For Diluted EPS (Rs.), as of Mar 25, the value is 112.07. This value is within the healthy range. It has increased from 104.38 (Mar 24) to 112.07, marking an increase of 7.69.
- For Cash EPS (Rs.), as of Mar 25, the value is 145.33. This value is within the healthy range. It has increased from 132.17 (Mar 24) to 145.33, marking an increase of 13.16.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 491.01. It has increased from 466.38 (Mar 24) to 491.01, marking an increase of 24.63.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 491.01. It has increased from 466.38 (Mar 24) to 491.01, marking an increase of 24.63.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 716.75. It has increased from 606.56 (Mar 24) to 716.75, marking an increase of 110.19.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 190.51. This value is within the healthy range. It has increased from 174.25 (Mar 24) to 190.51, marking an increase of 16.26.
- For PBIT / Share (Rs.), as of Mar 25, the value is 160.44. This value is within the healthy range. It has increased from 148.17 (Mar 24) to 160.44, marking an increase of 12.27.
- For PBT / Share (Rs.), as of Mar 25, the value is 153.01. This value is within the healthy range. It has increased from 142.92 (Mar 24) to 153.01, marking an increase of 10.09.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 115.26. This value is within the healthy range. It has increased from 106.10 (Mar 24) to 115.26, marking an increase of 9.16.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 115.22. This value is within the healthy range. It has increased from 106.04 (Mar 24) to 115.22, marking an increase of 9.18.
- For PBDIT Margin (%), as of Mar 25, the value is 26.57. This value is within the healthy range. It has decreased from 28.72 (Mar 24) to 26.57, marking a decrease of 2.15.
- For PBIT Margin (%), as of Mar 25, the value is 22.38. This value exceeds the healthy maximum of 20. It has decreased from 24.42 (Mar 24) to 22.38, marking a decrease of 2.04.
- For PBT Margin (%), as of Mar 25, the value is 21.34. This value is within the healthy range. It has decreased from 23.56 (Mar 24) to 21.34, marking a decrease of 2.22.
- For Net Profit Margin (%), as of Mar 25, the value is 16.08. This value exceeds the healthy maximum of 10. It has decreased from 17.49 (Mar 24) to 16.08, marking a decrease of 1.41.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 16.07. This value is within the healthy range. It has decreased from 17.48 (Mar 24) to 16.07, marking a decrease of 1.41.
- For Return on Networth / Equity (%), as of Mar 25, the value is 23.46. This value is within the healthy range. It has increased from 22.75 (Mar 24) to 23.46, marking an increase of 0.71.
- For Return on Capital Employeed (%), as of Mar 25, the value is 27.85. This value is within the healthy range. It has decreased from 28.00 (Mar 24) to 27.85, marking a decrease of 0.15.
- For Return On Assets (%), as of Mar 25, the value is 17.20. This value is within the healthy range. It has decreased from 17.46 (Mar 24) to 17.20, marking a decrease of 0.26.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.11. It has decreased from 1.12 (Mar 24) to 1.11, marking a decrease of 0.01.
- For Current Ratio (X), as of Mar 25, the value is 4.56. This value exceeds the healthy maximum of 3. It has decreased from 5.17 (Mar 24) to 4.56, marking a decrease of 0.61.
- For Quick Ratio (X), as of Mar 25, the value is 4.56. This value exceeds the healthy maximum of 2. It has decreased from 5.17 (Mar 24) to 4.56, marking a decrease of 0.61.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 7,719.87. This value exceeds the healthy maximum of 8. It has increased from 0.00 (Mar 24) to 7,719.87, marking an increase of 7,719.87.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.86. This value is below the healthy minimum of 20. It has decreased from 0.94 (Mar 24) to 0.86, marking a decrease of 0.08.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.68. This value is below the healthy minimum of 20. It has decreased from 0.75 (Mar 24) to 0.68, marking a decrease of 0.07.
- For Earning Retention Ratio (%), as of Mar 25, the value is 99.14. This value exceeds the healthy maximum of 70. It has increased from 99.06 (Mar 24) to 99.14, marking an increase of 0.08.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 99.32. This value exceeds the healthy maximum of 70. It has increased from 99.25 (Mar 24) to 99.32, marking an increase of 0.07.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 25.64. This value is within the healthy range. It has decreased from 35.79 (Mar 24) to 25.64, marking a decrease of 10.15.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 16.51. This value is within the healthy range. It has decreased from 22.87 (Mar 24) to 16.51, marking a decrease of 6.36.
- For Enterprise Value (Cr.), as of Mar 25, the value is 12,309.03. It has increased from 10,667.55 (Mar 24) to 12,309.03, marking an increase of 1,641.48.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.66. This value exceeds the healthy maximum of 3. It has increased from 3.65 (Mar 24) to 3.66, marking an increase of 0.01.
- For EV / EBITDA (X), as of Mar 25, the value is 13.76. This value is within the healthy range. It has increased from 12.69 (Mar 24) to 13.76, marking an increase of 1.07.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 3.88. This value exceeds the healthy maximum of 3. There is no change compared to the previous period (Mar 24) which recorded 3.88.
- For Retention Ratios (%), as of Mar 25, the value is 99.13. This value exceeds the healthy maximum of 70. It has increased from 99.05 (Mar 24) to 99.13, marking an increase of 0.08.
- For Price / BV (X), as of Mar 25, the value is 5.66. This value exceeds the healthy maximum of 3. It has increased from 5.05 (Mar 24) to 5.66, marking an increase of 0.61.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 3.88. This value exceeds the healthy maximum of 3. There is no change compared to the previous period (Mar 24) which recorded 3.88.
- For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.04.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in eClerx Services Ltd:
- Net Profit Margin: 16.08%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 27.85% (Industry Average ROCE: 19.34%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 23.46% (Industry Average ROE: 20.92%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 16.51
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 4.56
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 35.9 (Industry average Stock P/E: 34.86)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 16.08%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| IT Enabled Services | Sonawala Building, 1st Floor, 29 Bank Street, Mumbai Maharashtra 400023 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Shailesh Kekre | Chairman & Ind.Dire (Non-Exe) |
| Mr. Kapil Jain | Managing Director & Group CEO |
| Mr. Priyadarshan Mundhra | Executive Director |
| Mr. Anjan Malik | Non Executive Director |
| Mr. Naval Bir Kumar | Ind. Non-Executive Director |
| Ms. Bala C Deshpande | Ind. Non-Executive Director |
| Mr. Amit Majmudar | Ind. Non-Executive Director |
| Mr. Srinjay Sengupta | Ind. Non-Executive Director |
| Mr. Naresh Chand Gupta | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of eClerx Services Ltd?
eClerx Services Ltd's intrinsic value (as of 12 January 2026) is ₹3608.76 which is 21.96% lower the current market price of ₹4,624.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹22,034 Cr. market cap, FY2025-2026 high/low of ₹4,986/2,116, reserves of ₹2,577 Cr, and liabilities of ₹3,530 Cr.
What is the Market Cap of eClerx Services Ltd?
The Market Cap of eClerx Services Ltd is 22,034 Cr..
What is the current Stock Price of eClerx Services Ltd as on 12 January 2026?
The current stock price of eClerx Services Ltd as on 12 January 2026 is ₹4,624.
What is the High / Low of eClerx Services Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of eClerx Services Ltd stocks is ₹4,986/2,116.
What is the Stock P/E of eClerx Services Ltd?
The Stock P/E of eClerx Services Ltd is 35.9.
What is the Book Value of eClerx Services Ltd?
The Book Value of eClerx Services Ltd is 551.
What is the Dividend Yield of eClerx Services Ltd?
The Dividend Yield of eClerx Services Ltd is 0.02 %.
What is the ROCE of eClerx Services Ltd?
The ROCE of eClerx Services Ltd is 28.0 %.
What is the ROE of eClerx Services Ltd?
The ROE of eClerx Services Ltd is 22.8 %.
What is the Face Value of eClerx Services Ltd?
The Face Value of eClerx Services Ltd is 10.0.