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eClerx Services Limited (ECLERX.NS)

INR1,713.70 -4.60 (-0.27%)
IN NSE Technology Information Technology Services
Address Express Towers 400021
Mumbai, MH, IN
CEO Kapil Jain
Website eclerx.com
IPO 2007-12-31
ISIN INE738I01010

Explore sections of this company profile

Also trades on Bombay Stock Exchange · ECLERX.BO (INR) National Stock Exchange of India · ECLERX.NS (INR)
Description

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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR1,713.70 -4.60 (-0.27%)
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Volume Profile
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Liquidity & share structure
Average Volume
323.3K
Beta
0.37
Float Shares
40.59M
Free Float %
43.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.86% -4.50% +1.97% -17.16% -30.99% -35.32% +10.49% +128.95% +273.06% +227.76% +1,926.29%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,713.70
DCF (Unlevered) 4,084.08 +138.3%
DCF (Levered) 3,552.25 +107.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 90% Bullish
Rating 2026-05 Change
Strong Buy 5 -1
Buy 4 0
Hold 0 -2
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
10.01
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Information Technology Services: +10.1%
    +22.3% Q1'26: +23.3% (vs Q1'25)
  • EPS growth Information Technology Services: +16.7%
    -33.6% Q1'26: +26.0% (vs Q1'25)
  • FCF margin FCF growth · Information Technology Services: +32.8%
    +13.7% Q1'26: +25.6% (vs Q1'25)
  • EBIT margin Information Technology Services: +9.0%
    +21.3% Q1'26: +21.1% (vs Q1'25)
  • ROIC Information Technology Services: +9.5%
    +34.6% Q1'26: +36.9% (vs Q1'25)
  • Share dilution Information Technology Services: +0.0%
    -1.7% Q1'26: -1.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Information Technology Services: -0.83×
    0.37× Q1'26: 0.34× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.37) × ERP
WACC = 98% × Ke + 2% × Kd (10.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 4,083.20 Current price: 1,713.70
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2010
actual
Mar 2011
actual
Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
8 Rev. Ana.
10 EPS Ana.
Mar 2027
8 Rev. Ana.
10 EPS Ana.
Mar 2028
8 Rev. Ana.
10 EPS Ana.
Mar 2029
2 Rev. Ana.
2 EPS Ana.
Revenue
2.57B
est: 2.60B (-1.1%)
3.42B
est: 3.44B (-0.5%)
4.73B
est: 4.87B (-2.8%)
6.61B
est: 6.67B (-1.0%)
8.41B
est: 8.62B (-2.5%)
9.42B
est: 9.39B (+0.3%)
13.14B
est: 13.13B (+0.1%)
13.30B
est: 13.11B (+1.5%)
13.54B
est: 13.45B (+0.7%)
13.98B
est: 14.31B (-2.3%)
14.36B
est: 14.54B (-1.2%)
15.64B
est: 15.69B (-0.3%)
21.60B
est: 21.31B (+1.4%)
26.49B
est: 26.70B (-0.8%)
29.26B
est: 30.23B (-3.2%)
33.66B
est: 33.61B (+0.2%)
42.19B
41.64B – 44.38B
+25.5% YoY
49.47B
47.64B – 51.72B
+17.3% YoY
56.04B
52.36B – 58.22B
+13.3% YoY
63.95B
62.02B – 65.87B
+14.1% YoY
EBITDA
898.09M
est: 758.39M (+18.4%)
1.35B
est: 1.05B (+28.4%)
1.90B
est: 2.29B (-16.9%)
2.55B
est: 3.20B (-20.3%)
3.55B
est: 2.82B (+25.8%)
3.48B
est: 4.15B (-16.2%)
5.17B
est: 5.31B (-2.8%)
4.88B
est: 5.57B (-12.5%)
4.28B
est: 5.13B (-16.6%)
3.56B
est: 4.91B (-27.4%)
3.51B
est: 4.08B (-13.8%)
4.82B
est: 3.15B (+53.0%)
6.85B
est: 3.44B (+99.4%)
7.88B
est: 3.82B (+106.6%)
8.39B
est: 8.92B (-6.0%)
8.95B
est: 7.16B (+25.0%)
12.45B
12.29B – 13.10B
+73.9% YoY
14.60B
14.06B – 15.26B
+17.3% YoY
16.54B
15.45B – 17.18B
+13.3% YoY
18.87B
18.30B – 19.44B
+14.1% YoY
EBIT
828.15M
est: 635.95M (+30.2%)
1.25B
est: 1.24B (+1.5%)
1.78B
est: 1.78B (0.0%)
2.29B
est: 2.42B (-5.2%)
3.22B
est: 2.96B (+8.6%)
2.98B
est: 3.55B (-16.0%)
4.60B
est: 3.71B (+24.0%)
4.36B
est: 4.27B (+2.0%)
3.80B
est: 4.22B (-10.1%)
3.12B
est: 3.60B (-13.6%)
2.81B
est: 2.69B (+4.4%)
4.01B
est: 2.41B (+66.5%)
5.82B
est: 2.62B (+121.9%)
6.74B
est: 2.91B (+131.4%)
7.13B
est: 7.54B (-5.5%)
7.53B
est: 8.40B (-10.3%)
10.53B
10.39B – 11.07B
+25.3% YoY
12.34B
11.89B – 12.91B
+17.3% YoY
13.98B
13.07B – 14.53B
+13.3% YoY
15.96B
15.48B – 16.44B
+14.1% YoY
Net Income
735.37M
est: 919.22M (-20.0%)
1.22B
est: 972.66M (+25.9%)
1.60B
est: 1.73B (-7.8%)
1.72B
est: 2.18B (-21.3%)
2.56B
est: 2.22B (+15.3%)
2.30B
est: 2.83B (-18.8%)
3.41B
est: 3.21B (+6.4%)
3.54B
est: 3.44B (+2.9%)
2.90B
est: 3.59B (-19.1%)
2.28B
est: 3.08B (-25.8%)
2.09B
est: 2.32B (-9.9%)
2.83B
est: 1.98B (+42.6%)
4.17B
est: 2.16B (+93.4%)
4.89B
est: 4.96B (-1.4%)
5.11B
est: 10.28B (-50.2%)
5.41B
est: 5.71B (-5.3%)
7.05B
7.04B – 7.58B
+23.4% YoY
8.20B
7.82B – 8.93B
+16.3% YoY
9.53B
8.99B – 10.32B
+16.2% YoY
10.66B
10.55B – 10.78B
+11.9% YoY
SGA
648.48M
est: 63.29M (+924.6%)
434.07M
est: 2.07B (-79.0%)
225.44M
est: 2.93B (-92.3%)
1.06B
est: 3.85B (-72.4%)
274.12M
est: 5.23B (-94.8%)
435.30M
est: 5.39B (-91.9%)
547.48M
est: 8.55B (-93.6%)
563.93M
est: 7.68B (-92.7%)
602.66M
est: 7.95B (-92.4%)
689.66M
est: 9.58B (-92.8%)
303.75M
est: 10.40B (-97.1%)
261.98M
est: 9.78B (-97.3%)
418.15M
est: 10.65B (-96.1%)
668.32M
est: 11.83B (-94.3%)
598.60M
est: 621.80M (-3.7%)
708.56M
est: 13.85B (-94.9%)
867.72M
856.41M – 912.89M
-93.7% YoY
1.02B
979.89M – 1.06B
+17.3% YoY
1.15B
1.08B – 1.20B
+13.3% YoY
1.32B
1.28B – 1.35B
+14.1% YoY
EPS
6.46
est: 19.04 (-66.1%)
10.67
est: 32.35 (-67.0%)
13.79
est: 43.62 (-68.4%)
14.59
est: 43.71 (-66.6%)
21.29
est: 64.05 (-66.8%)
18.95
est: 39.06 (-51.5%)
28.00
est: 59.70 (-53.1%)
29.12
est: 60.47 (-51.8%)
24.41
est: 46.70 (-47.7%)
20.02
est: 38.91 (-48.5%)
19.09
est: 42.12 (-54.7%)
27.21
est: 55.03 (-50.6%)
82.54
est: 87.42 (-5.6%)
98.76
est: 94.51 (+4.5%)
106.15
est: 107.14 (-0.9%)
114.19
est: 57.44 (+98.8%)
75.62
72.89 – 78.55
+31.6% YoY
87.80
81.00 – 92.52
+16.1% YoY
101.05
93.06 – 106.84
+15.1% YoY
110.40
109.21 – 111.59
+9.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-13 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-12 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-11 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-08 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-07 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-06 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-05 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-04 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-30 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-29 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-28 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-27 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
540.18M
OE per share TTM
5.62
Owner's Yield
0.37%
Maintenance CapEx ratio
12.92%
Maint CapEx / Avg PPE
12.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 14 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.02% 2.33M 0.06%
2 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.01% 78.8K 0.48%
3 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.01% 177.7K 0.26%
4 Vanguard FTSE Emerging Markets ETF VWO 0.01% 8.77M 0.06%
5 Vanguard ESG International Stock ETF VSGX 0.00% 121.5K 0.10%
6 Vanguard Total International Stock ETF VXUS 0.00% 9.44M 0.05%
7 Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO 0.00% 14.1K 0.22%
8 Vanguard Total World Stock ETF VT 0.00% 478.7K 0.06%
9 Vanguard All-Equity ETF Portfolio VEQT.TO 0.00% 42.5K 0.22%
10 Vanguard Growth ETF Portfolio VGRO.TO 0.00% 22.8K 0.22%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
518.3K
Shares Outstanding
93.19M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Srinivasan Nadadhur Chief Financial Officer 18M male
Priyadarshan D. Mundhra Co-Founder & Executive Director 17M male
Pratik Bhanushali Vice President of Legal, Company Secretary & Compliance Officer 7M male
Kapil Jain MD, Group Chief Executive Officer & Director male
Sanjay Kukreja Chief Technology Officer male
Scott Houchin Chief Marketing Officer & Industry Head of Fashion & Luxury male
Anjan Malik Co-Founder & Non-Executive Director male
Stephen Vena Managing Principal of Financial Markets male
Asma Sultana Head of Human Resources & Delivery Centers female
Hoshi Mistry Principal of Global Operations male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits