ECLERX · eClerx Services Ltd · Computer Services
ECLERX · eClerx Services Ltd · Computer Services
As of 06 Nov close
52-week range
35.9% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹1,152 Cr
Revenue YoY
PAT YoY
+16.0%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
8.7
P/S (TTM)
4
Sector P/E
Not available from data source
Dividend yield
+0.1%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| ECLERX (this stock) | 16.8 | 8.7 | +16.8% | +28.5% | 0.15 | +0.1% |
| Eternal | 559.1 | 12.1 | +0.6% | +1.4% | 0.15 | 0.0% |
| Wipro | 13.5 | 5.3 | +13.9% | +17.1% | 0.27 | +4.8% |
| Info Edge (India) | 44 | 2 | +53.7% | +4.0% | 0.57 | +0.7% |
Promoter
stable
FII
falling 2q
MF
22.92% (+0.03pp)
stable
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 04 Nov 2026 | Eclerx Employee Welfare | BUY | 11,992 | ₹1.89 Cr |
| 03 Nov 2026 | Eclerx Employee Welfare | BUY | 12,010 | ₹1.89 Cr |
| 02 Nov 2026 | Eclerx Employee Welfare | BUY | 11,895 | ₹1.89 Cr |
| 22 Oct 2026 | Eclerx Employee Welfare | SELL | 3,565 | ₹25.31 lakh |
| 09 Oct 2026 | Eclerx Employee Welfare | SELL | 5,123 | ₹36.37 lakh |
| 02 Oct 2026 | Eclerx Employee Welfare | SELL | 2,335 | ₹16.58 lakh |
| 02 Oct 2026 | Eclerx Employee Welfare | SELL | 2,178 | ₹15.46 lakh |
| 30 Sept 2026 | Eclerx Employee Welfare | BUY | 27,000 | ₹4.94 Cr |
| 29 Sept 2026 | Eclerx Employee Welfare | SELL | 12,180 | ₹2.18 Cr |
| 28 Sept 2026 | Eclerx Employee Welfare | SELL | 8,032 | ₹1.48 Cr |
| 28 Sept 2026 | Eclerx Employee Welfare | SELL | 13,000 | ₹2.39 Cr |
| 26 Sept 2026 | Eclerx Employee Welfare | SELL | 2,508 | ₹17.8 lakh |
| 26 Sept 2026 | Eclerx Employee Welfare | SELL | 10,871 | ₹77.17 lakh |
| 26 Sept 2026 | Eclerx Employee Welfare | SELL | 2,228 | ₹15.82 lakh |
| 25 Sept 2026 | Eclerx Employee Welfare | BUY | 19,000 | ₹3.6 Cr |
| 24 Sept 2026 | Eclerx Employee Welfare | SELL | 3,222 | ₹61.13 lakh |
| 23 Sept 2026 | Eclerx Employee Welfare | BUY | 9,000 | ₹1.73 Cr |
| 22 Sept 2026 | Eclerx Employee Welfare | SELL | 3,423 | ₹24.53 lakh |
| 22 Sept 2026 | Eclerx Employee Welfare | BUY | 9,627 | ₹1.89 Cr |
| 22 Sept 2026 | Eclerx Employee Welfare | SELL | 3,282 | ₹23.3 lakh |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- mediumeconomictimes.indiatimes.com· 29 Oct 2026, 09:08 pmAhead of Market: 10 things that will decide stock market action on Friday
- mediumbusiness-standard.com· 29 Oct 2026, 01:05 pmeClerx Services shares plunge 13% post company's second-quarter results
- loweconomictimes.indiatimes.com· 14 Oct 2026, 08:54 ameClerx Services among 4 stocks that closed crossing above VWAP - Trend Tracker
- loweconomictimes.indiatimes.com· 16 Sept 2026, 09:27 pmAhead of Market: 10 things that will decide stock market action on Thursday
- lowthehindubusinessline.com· 29 Aug 2026, 09:29 pmBandu’s Blockbusters for August 30, 2026
- mediummacroeconomictimes.indiatimes.com· 20 Jul 2026, 09:36 pmAhead of Market: 10 things that will decide stock market action on Tuesday
Concalls & investor presentations
AI-generatedKey takeaway: During the Q1FY27 earnings conference call held on August 6, 2026, eClerx Services Limited reported an operating revenue of USD 125.9 million, reflecting a year-on-year increase of 15.2% and a sequential growth of 2.8%. The company achieved a net profit after tax of INR 1,643 million, with a margin of 14%. Management noted that new deal wins totaled USD 41 million, up 25% year-on-year, and highlighted strong client engagement across various sectors, particularly in Analytics and Automation, which surpassed a USD 100 million annual run rate. However, the Management acknowledged challenges in the M&D and Retail verticals due to ongoing supply chain issues. The company also reported a decline in margins primarily due to wage increases. Management expressed confidence in maintaining a healthy pipeline and achieving sequential growth in the upcoming quarters, while also planning an Investor Day to provide further insights into their strategy and capabilities.
The tone reflected both positive growth metrics and challenges in certain sectors.
Sourced from an exchange-filed transcript, dated 11 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from eClerx Services Limited, dated August 5, 2026, provided a revised overview of the consolidated and standalone un-audited financial results for the quarter ended June 30, 2026. The presentation reported a quarter-on-quarter revenue increase of 3.1% and a year-on-year increase of 23.8%, with total revenue reaching INR 11,702 million. Operating profit before tax (PAT) was reported at INR 1,643 million, reflecting a decrease of 13.2% quarter-on-quarter but an increase of 16.0% year-on-year. Management highlighted a year-on-year constant currency growth of 15.1% and proposed a dividend of INR 1 for FY27. The presentation also noted wage increments effective from April 1, 2026. Key financial metrics included a decline in operating EBITDA margin to 23.0% and a cash and cash equivalents increase to INR 300 million. The document concluded with a summary of the company's hedge status and revenue mix by industry.
The presentation provided a balanced overview of financial performance without strong emphasis on growth or challenges.
Sourced from an exchange-filed presentation, dated 05 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: eClerx Services Limited reported its financial results for the quarter ended June 30, 2026, highlighting a consolidated operating revenue of INR 1,152.4 crore, reflecting a year-over-year increase of 23.3%. In USD terms, the operating revenue rose by 15.2% to USD 125.9 million. Total revenue, including other income, reached INR 1,170.2 crore, marking a 23.8% increase from the previous year. The company reported an EBIT of INR 233.5 crore, up 18.1% year-over-year, and a profit after tax of INR 164.3 crore, which is a 16.0% increase compared to the prior year. Basic EPS for the quarter was INR 17.86, up from INR 15.08. The total delivery headcount increased by 10% year-over-year to 22,376 employees. Additionally, the presentation noted a proposed dividend of INR 1 for FY27.
Management reported strong revenue growth and improved profitability metrics.
Sourced from an exchange-filed presentation, dated 05 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: eClerx Services Limited reported strong financial results for Q4 FY '26, with operating revenue of USD 122 million, reflecting a 17% year-on-year increase. For the full year, operating revenue reached USD 469 million, up 17.9% year-on-year. EBITDA grew by 29% to INR 1,153 crores, and net profit rose 30% to INR 706 crores. Management highlighted the successful execution of strategic investments in analytics and automation, with a notable USD 90 million in this segment. The company secured significant new deal wins of USD 46 million in Q4, indicating client confidence. However, management acknowledged softer sequential revenue growth and geopolitical uncertainties. They set a goal for FY '27 to achieve top quartile growth and maintain EBITDA margins between 24% to 28%. The management emphasized ongoing investments in AI capabilities and a strong pipeline across various verticals, despite some challenges in the BFSI sector.
Management emphasized strong financial performance and strategic growth initiatives.
Sourced from an exchange-filed transcript, dated 19 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: eClerx Services Limited reported its consolidated financial results for the fiscal year 2026, highlighting a total revenue of INR 4,217.4 crore, which represents a year-over-year increase of 22.6%. For the fourth quarter of FY26, the company achieved a revenue of INR 1,135.4 crore, up 23.9% compared to the same period last year. Operating revenue for FY26 was INR 4,117.0 crore, a 22.3% increase from INR 3,365.9 crore in FY25. The profit after tax for FY26 was INR 706.2 crore, reflecting a 30.5% increase year-over-year. The basic earnings per share (EPS) for FY26 was reported at INR 76.23, following a bonus issue. The total delivery headcount increased by 16.9% year-over-year, reaching 22,518 employees.
Management reported strong revenue and profit growth for FY26.
Sourced from an exchange-filed presentation, dated 13 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: eClerx Services Limited reported its Q3 FY26 earnings during a conference call on January 29, 2026. Management highlighted a sequential revenue increase of 5.4% to $121.7 million, with a corresponding INR revenue of INR 10,703 million, up 6.5%. EBITDA margins improved to 27.9%, while PAT rose to INR 1,920 million, reflecting a 5% sequential increase. For the nine months of FY26, USD operating revenue grew 18.4% year-over-year. Management noted strong deal wins of $45 million and emphasized growth in non-top 10 clients, with top 10 client concentration decreasing to 60%. The company is focusing on AI projects and expanding into new delivery centers, including Cairo. Management acknowledged potential near-term volatility but expressed confidence in long-term growth, supported by a robust pipeline and ongoing client engagement. The call concluded with management thanking clients and stakeholders for their support.
Management emphasized strong performance and growth opportunities.
Sourced from an exchange-filed transcript, dated 04 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedeClerx Services Limited (ECLERX) reported a transformative year in FY2026, marked by strategic alignment under the 'One eClerx' vision, leading to growth in large strategic deals and market expansion. The company maintained strong operational performance, receiving multiple industry awards, and expanded delivery capabilities in key global locations. Financially, the company noted no defaults, regulatory actions, or material changes affecting its financial position. However, it disclosed contingent liabilities related to income tax disputes, with no provision made beyond a minimal amount. The company also highlighted risks including client concentration, currency exposure, and competition.
- FY2026 marked a transformative year with strategic alignment under 'One eClerx', leading to growth in large strategic deals and market expansion.
- No defaults, regulatory actions, or material financial changes were reported during FY2026.
- Contingent liabilities related to income tax disputes were disclosed, with no provision made beyond a minimal amount.
- The company expanded delivery capabilities in Manila, Cairo, and Lima, enhancing global service delivery.
Key takeaway: eClerx delivered strong operational and strategic performance in FY2026, with no major defaults or regulatory issues, but faces risks related to client concentration, currency exposure, and competition.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
No item of a kind that needs attention was stored for this company.
Contingent Liability
1 occurrenceEarlier (1-3 years ago)
The company has contingent liabilities including income tax demands of Rs. 200.39 million, service tax demands of Rs. 12.02 million, and GST assessment demands of Rs. 43.00 million, with appeals pending before various authorities.
Statutory dues in dispute
1 occurrenceEarlier (1-3 years ago)
The company has paid Rs. 29,377,094 under protest and adjusted refund of Rs. 70,429,554 for service tax penalty by CESTAT.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
Biren Gabhawala, Anish Ghoshal, and Deepa Kapoor resigned as Non-Executive Independent Directors effective April 1, 2024.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.04% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).