eClerx Services

how big is eClerx Services?

As of Jun 06, eClerx Services Ltd has a market capitalization of 17,700.61 Cr and reported net sales of 3,365.87 Cr and net profit of 541.09 Cr over the latest four quarters.

Market Cap: eClerx Services Ltd has a market capitalization of 17,700.61 Cr and is classified as a Mid Cap company as of Jun 06.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes Mar'25, Dec'24, Sep'24, and Jun'24, is 3,365.87 Cr. The sum of Net Profit for the same quarters is 541.09 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is also on a Consolidated basis for the latest annual period ending Mar'24. The Shareholder's Funds are reported at 2,247.50 Cr, and the Total Assets amount to 2,869.84 Cr.

What does eClerx Services do?

eClerx Services Ltd offers business process management, automation, and analytics services in the Commercial Services & Supplies sector. As of March 2025, it reported net sales of 898 Cr and a net profit of 152 Cr, with a market cap of Rs 17,695 Cr.

Overview:<BR>eClerx Services Ltd provides critical business process management, automation, and analytics services within the Commercial Services & Supplies industry, categorized as a Mid Cap company.<BR><BR>History:<BR>Incorporated in 2000, eClerx Services Ltd is currently traded on both the Bombay and National Stock Exchanges of India. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 898 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 152 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: Rs 17,695 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>- P/E: 32.00<BR>- Industry P/E: 39<BR>- Dividend Yield: 0.03%<BR>- Debt Equity: -0.29<BR>- Return on Equity: 23.47%<BR>- Price to Book: 7.59<BR><BR>Contact Details:<BR>Address: 1st Floor 29 Bank Street, Fort Sonawala Building Mumbai Maharashtra : 400023<BR>Tel: 91-022-66148301<BR>Email: investors@eclerx.com<BR>Website: http://www.eclerx.com

Who are in the management team of eClerx Services?

As of March 2022, the management team of eClerx Services includes Anish Ghoshal (Chairman), P D Mundhra (Executive Director), and several independent directors: Anjan Malik, Biren Gabhawala, Deepa Kapoor, Naresh Gupta, Shailesh Kekre, Srinjay Sengupta, and Naval Bir Kumar. This team provides governance and strategic direction for the company.

As of March 2022, the management team of eClerx Services includes the following individuals:<BR><BR>1. Anish Ghoshal - Chairman & Independent Director<BR>2. Anjan Malik - Non Executive Director<BR>3. Biren Gabhawala - Independent Director<BR>4. Deepa Kapoor - Independent Director<BR>5. Naresh Gupta - Independent Director<BR>6. P D Mundhra - Executive Director<BR>7. Shailesh Kekre - Independent Director<BR>8. Srinjay Sengupta - Independent Director<BR>9. Naval Bir Kumar - Independent Director<BR><BR>This diverse team comprises a mix of executive and independent directors, contributing to the governance and strategic direction of the company.

What is the bonus history of the eClerx Services?

eClerx Services has issued several bonuses to shareholders, including a 1:2 bonus on September 21, 2022, a 1:3 bonus on December 18, 2015, and a 1:2 bonus on July 26, 2010, reflecting the company's commitment to rewarding its investors.

eClerx Services has a history of issuing bonuses to its shareholders. The most recent bonus was a 1:2 bonus issue, which was announced with an ex-date of September 21, 2022, and a record date of September 22, 2022. Prior to that, the company issued a 1:3 bonus on December 18, 2015, with an ex-date of December 17, 2015. Additionally, there was a 1:2 bonus issued on July 26, 2010, with an ex-date of July 23, 2010. This demonstrates eClerx's commitment to rewarding its shareholders through bonus issues over the years.

Has eClerx Services declared dividend?

Yes, eClerx Services Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of September 6, 2024. Despite a modest dividend yield of 0.03%, the company has shown significant price returns over various periods, indicating strong growth potential.

eClerx Services Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 06 Sep 24<BR><BR>Dividend Yield: 0.03%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -0.62%, with a dividend return of 0%, resulting in a total return of -0.62%.<BR><BR>Over the past year, there was a price return of 62.26%, a dividend return of 0.04%, leading to a total return of 62.3%.<BR><BR>In the 2-year period, the price return was 110.56%, with a dividend return of 0.06%, culminating in a total return of 110.62%.<BR><BR>For the 3-year period, the price return stood at 158.8%, while the dividend return was 0.16%, resulting in a total return of 158.96%.<BR><BR>In the last 4 years, the price return was 331.18%, with a dividend return of 0.25%, leading to a total return of 331.43%.<BR><BR>Finally, over the past 5 years, the price return reached 1209.95%, with a dividend return of 1.29%, resulting in a total return of 1211.24%.<BR><BR>Overall, eClerx Services Ltd has declared a dividend, which, while modest in yield, is accompanied by significant price returns over various periods, indicating strong growth potential despite some fluctuations in short-term performance.

Who are the peers of the eClerx Services?

eClerx Services' peers include Firstsour.Solu., RPSG Ventures, Hinduja Global, Alldigi Tech, Tracxn Technolo., EKI Energy, Likhami Consult., Ekansh Concept, and One Point One, with varying management risks and growth rates. eClerx Services shows excellent management and capital structure, with a 1-year return of 59.75%, while Ekansh Concept leads with a 294.01% return.

Peers: The peers of eClerx Services are Firstsour.Solu., RPSG Ventures, Hinduja Global, Alldigi Tech, Tracxn Technolo., EKI Energy, Likhami Consult., Ekansh Concept, and One Point One.<BR><BR>Quality Snapshot: Excellent management risk is observed at eClerx Services and Tracxn Technolo., while Good management risk is found at Firstsour.Solu. Average management risk is present at RPSG Ventures, Hinduja Global, Alldigi Tech, and Ekansh Concept, and Below Average management risk is seen at EKI Energy and One Point One. eClerx Services shows Excellent growth, while Average growth is noted at Firstsour.Solu. and RPSG Ventures, and Below Average growth is found at Hinduja Global, Alldigi Tech, Tracxn Technolo., EKI Energy, Ekansh Concept, and One Point One. Excellent capital structure is observed at eClerx Services and Alldigi Tech, Good capital structure is found at Firstsour.Solu. and Hinduja Global, while Below Average capital structure is noted at RPSG Ventures, EKI Energy, and One Point One, and Likhami Consult. does not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ekansh Concept at 294.01%, while the lowest is Hinduja Global at -37.18%. eClerx Services has a 1-year return of 59.75%, which is significantly higher than Hinduja Global but lower than Ekansh Concept. Additionally, EKI Energy, Hinduja Global, and Tracxn Technolo. have negative six-month returns.

Who are the top shareholders of the eClerx Services?

The top shareholders of eClerx Services include Priyadarshan Mundhra with 26.85%, mutual funds at 23.15% (led by HDFC Large and Mid Cap Fund at 9.73%), and Foreign Institutional Investors holding 10.12%. Individual investors own 7.26%, with no pledged promoter holdings reported.

The top shareholders of eClerx Services include the promoters, with Priyadarshan Mundhra holding the highest stake at 26.85%. Additionally, mutual funds collectively hold 23.15% of the shares, with the HDFC Large and Mid Cap Fund being the largest public shareholder at 9.73%. Foreign Institutional Investors (FIIs) account for 10.12% of the holdings, while individual investors have a combined stake of 7.26%. There are no pledged promoter holdings reported.

How has been the historical performance of eClerx Services?

eClerx Services has shown consistent growth in net sales and profits, with net sales increasing from 1,430.59 Cr in March 2019 to 3,365.87 Cr in March 2025, and profit after tax rising from 228.30 Cr to 541.26 Cr in the same period, reflecting strong financial performance across key metrics.

Answer:<BR>The historical performance of eClerx Services shows a consistent growth trend in net sales and profits over the years.<BR><BR>Breakdown:<BR>eClerx Services has demonstrated significant growth in net sales, increasing from 1,430.59 Cr in March 2019 to 3,365.87 Cr in March 2025. This upward trajectory is reflected in the total operating income, which rose from 1,430.59 Cr in March 2019 to 3,365.87 Cr in March 2025. The company's operating profit (PBDIT) also saw a steady increase, reaching 894.62 Cr in March 2025, up from 356.20 Cr in March 2019. Profit before tax followed a similar trend, growing from 311.47 Cr in March 2019 to 718.53 Cr in March 2025, while profit after tax rose from 228.30 Cr to 541.26 Cr in the same period. The earnings per share (EPS) improved from 60.40 in March 2019 to 115.22 in March 2025, indicating enhanced shareholder value. On the balance sheet, total assets increased from 1,697.53 Cr in March 2020 to 3,072.99 Cr in March 2025, while total liabilities also rose, reflecting the company's growth strategy. Cash flow from operating activities improved significantly, reaching 654.00 Cr in March 2025, compared to 332.00 Cr in March 2020, showcasing effective cash management. Overall, eClerx Services has shown robust financial performance with consistent growth across key metrics over the years.

Is eClerx Services overvalued or undervalued?

As of October 27, 2025, eClerx Services is considered very expensive and overvalued, with a PE ratio of 41.10 and an EV to EBITDA of 26.45, significantly higher than its peers, despite a strong 1-year stock return of 73.33% compared to the Sensex's 6.77%.

As of 27 October 2025, the valuation grade for eClerx Services has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently considered overvalued. Key ratios include a PE ratio of 41.10, an EV to EBITDA of 26.45, and a PEG ratio of 7.46, which are substantially higher than industry peers. For instance, Firstsource Solutions, which is rated fair, has a PE ratio of 40.13 and an EV to EBITDA of 21.23, while Digitide Solutions, rated attractive, shows a PE of 16.72.<BR><BR>Comparing these metrics, eClerx Services stands out as significantly more expensive than its peers, suggesting that investors may be overestimating its future growth potential. Additionally, the company's recent stock performance has outpaced the Sensex, with a 1-year return of 73.33% compared to the Sensex's 6.77%, reinforcing the notion of overvaluation amidst strong market enthusiasm.

Is eClerx Services technically bullish or bearish?

As of November 27, 2025, the trend is bullish due to positive monthly indicators, although short-term caution is advised from mixed weekly signals, with overall long-term returns remaining strong despite recent underperformance compared to the Sensex.

As of 27 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, driven primarily by the monthly moving averages and the monthly KST, both indicating bullish momentum. However, the weekly MACD and KST show mildly bearish signals, suggesting some short-term caution. The Bollinger Bands are bullish on the weekly timeframe, supporting the overall positive outlook. Despite the recent underperformance in the weekly and monthly returns compared to the Sensex, the longer-term returns remain strong, particularly over 3 and 5 years. Overall, the strength of the bullish stance is moderate, influenced by mixed signals across different timeframes.

When is the next results date for eClerx Services Ltd?

The next results date for eClerx Services Ltd is January 28, 2026.

The next results date for eClerx Services Ltd is scheduled for January 28, 2026.

Are eClerx Services Ltd latest results good or bad?

eClerx Services Ltd's latest Q3 FY26 results are strong, with a 40.06% increase in net profit to ₹191.98 crores and a 25.36% revenue growth to ₹1,070.33 crores, marking the highest revenue in the company's history. Despite slight sequential growth slowing, the overall performance indicates healthy profitability and positive market reaction.

eClerx Services Ltd's latest results for Q3 FY26 can be considered quite strong overall. The company reported a net profit of ₹191.98 crores, which reflects a significant year-on-year increase of 40.06%. Additionally, revenue reached ₹1,070.33 crores, showing a robust year-on-year growth of 25.36%. This quarter marks the highest revenue in the company's history, indicating strong demand for its services across various sectors.<BR><BR>The operating margin stood at 25.81%, which, while slightly down from the previous quarter, still represents an improvement from the same quarter last year. The return on equity (ROE) of 23.40% demonstrates effective capital efficiency, positioning eClerx favorably compared to its peers.<BR><BR>In terms of stock performance, eClerx shares experienced a positive reaction following the results, trading up by 3.64% on the announcement date. Over the past year, the stock has delivered an impressive return of 46.00%, significantly outperforming the broader market indices.<BR><BR>While there are some signs of sequential growth slowing down, the overall financial performance indicates that eClerx is maintaining a strong growth trajectory with healthy profitability. Thus, the latest results can be viewed positively.

Should I buy, sell or hold eClerx Services Ltd?

Why is eClerx Services Ltd falling/rising?

As of 05-Feb, eClerx Services Ltd's stock price is declining at 4,483.50, down -0.97%, with a total drop of -9.34% over the last two days. The stock has underperformed against the Sensex, showing a year-to-date decline of -4.37%, despite strong long-term performance.

As of 05-Feb, eClerx Services Ltd is experiencing a decline in its stock price, currently at 4,483.50, which reflects a change of -43.7 or -0.97%. The stock has been on a downward trend, having fallen for the last two consecutive days, resulting in a total decline of -9.34% during this period. <BR><BR>In terms of performance relative to the market, the stock has underperformed against the Sensex, which has gained +0.91% over the past week and is down only -2.49% over the past month, while eClerx has seen a larger decline of -4.15% and -6.07%, respectively. Year-to-date, eClerx is down -4.37%, compared to a smaller decline of -2.24% for the Sensex. <BR><BR>Despite a strong long-term performance, with a 36.55% return over the past year and significant gains over the last three and five years, the recent price drop indicates a short-term weakness. The stock is currently trading below its 5-day, 20-day, and 50-day moving averages, although it remains above the 100-day and 200-day moving averages. <BR><BR>Additionally, while there has been a rise in investor participation, with delivery volume increasing by 62.22% against the 5-day average, the overall sentiment appears to be negative due to the recent consecutive falls and the stock's expensive valuation, indicated by a Price to Book Value of 8.1, which is higher than its peers. This combination of factors contributes to the current decline in eClerx Services Ltd's stock price.

Which are the latest news on eClerx Services?