loader2
Partner With Us NRI

eClerx Services Ltd share Price Today

Company details

2,437.55
2,466.00
1,272.00
2,828.00
6M Return 18.08%
1Y Return 86.27%
Mkt Cap.(Cr) 12,004.75
Volume 21,222
Div Yield 0.04%
OI
-
OI Chg %
-
Volume 21,222

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500
About The Stock

    eClerx Services (eClerx) provides business process management, automation and analytics services.

    • It caters to financial services, communications, retail, media, manufacturing, travel and technology companies
    • OCF to EBITDA of >80%, debt free and RoCE of >20%
Q4FY23 Results:

    eClerx reported flat revenue growth in Q4FY23.

    • Revenue was flat in CC terms in Q4 while in dollar terms it grew 0.6% QoQ
    • EBITDA margins increased by ~80 bps QoQ to 30.4%
    • Completed buyback of 17.14 lakh shares at buyback amount of ₹ 1,750 per share for total amount of ₹ 300 crore

Click here for full recommendation

Research view on more stocks

BPO/KPO company eClerx Services announced Q3FY24 results:

  • Operating revenue for Q3FY24 was Rs 752.8 crore vs. Rs 686.7 crore corresponding period last year, a YoY increase of 9.6%.
  • In USD terms, operating revenue increased by 6.4% to USD 90.5 million as compared to USD 85.1 million corresponding period last year.
  • Total revenue including other income for the period was Rs 773.5 crore, YoY increase by 9.8%.
  • EBIT for the period is Rs 194.5 crore, up by 8.9% YoY.
  • Profit after tax for the quarter ended December 31, 2023, was Rs 138.6 crore compared with Rs 131.2 crore in the corresponding period in the previous year, an increase of 5.7% YoY.
  • Basic EPS for the quarter ended December 31, 2023, was Rs 28.8 as compared to Rs 26.4 in the corresponding period last year.
  • The total delivery headcount as of December 31, 2023 stands at 16,952 – an increase of 1.5% YoY.

 

 

Result PDF

View Other Company Results

eClerx Services Ltd shares SWOT Analysis

Strengths (10)

  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year

Weakness (1)

  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (0)

Data not found

Threats (2)

  • Companies with growing costs YoY for long term projects
  • Increasing Trend in Non-Core Income

Resistance and support

R1 2,488.1
R2 2,533.5
R3 2,587.6
Pivot

2,434.07

S1 2,388.7
S2 2,334.6
S3 2,289.2
EMA SMA
2,439.8
2,452.2
2,405.6
2,219.9
2,420.1
2,447.6
2,524.8
2,183.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ECLERX SERVICES LIMITED BUYBACK 2020 Bulk Purchase 2020-07-21 523.05 230000 NSE
ECLERX SERVICES LIMITED BUYBACK 2020 Bulk Purchase 2020-07-16 524.68 1400000 NSE
FRANKLIN TEMPLETON MUTUAL FUND Bulk Sell 2020-07-16 525.01 1126444 NSE
Name Category Shares
PRIYADARSHAN MUNDHRA PROMOTER 26.75%
ANJAN MALIK PROMOTER 26.74%

OUR RESEARCH VIEW

Investment recommendation
Call Date
30 May 2023
Entry Price 1,615.00
Target Price 1,800.00
Duration
12 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

eClerx Services Ltd Stocks COMPARISON

Financials( in Cr) eClerx Services Ltd Tata Consultancy Services Ltd Infosys Ltd HCL Technologies Ltd Wipro Ltd
Price 2,448.70 3,868.60 1,423.65 1,467.65 444.90
% Change 0.24 -0.11 0.65 -0.65 -0.77
Mcap Cr 12,004.75 1,399,693.52 590,878.53 398,271.04 232,433.65
Revenue TTM Cr 2,647.90 225,458.00 146,767.00 101,456.00 90,487.60
Net Profit TTM Cr 489.18 42,303.00 24,108.00 14,845.00 11,366.50
PE TTM 23.16 30.05 24.08 25.52 20.77
1 Year Return 86.27 23.22 13.14 40.82 23.12
ROCE 35.98 58.04 44.36 27.62 17.11
ROE 29.81 47.26 36.42 23.32 15.89
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,714.87 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 26,556.19 -3,044.03
LAST 3M 79,311.00 42,414.35
LAST 6M 136,298.24 74,000.29
LAST 12M 211,284.67 200,944.11

eClerx Services Ltd Information

Stock PE (TTM)
23.16
Promoter Holding
53.61%
Book Value
402.6943
ROCE
35.98%
ROE
29.81%
Description
  • eClerx Services Ltd., an Indian IT consulting and outsourcing multinational company incorporated in 2000 with its headquarters in Mumbai, offers data analytics and customised process solutions to global enterprise clients. For the quarter that ended in June 2022, the company posted a total income of Rs 639.85 crore, up 6.36% from the previous quarter that ended in March 2022. On 21 October 2022, eClerx Services Ltd.’s market capitalisation stood at Rs 6,529 crore.

    The company is listed on the Bombay Stock Exchange with the code 532927, and on the National Stock Exchange with the code ECLERX.

    eClerx Services Ltd.’s customisable services and solutions optimise how companies manage businesses by streamlining processes and improving business performance. It caters to clients in financial services, retail, cable and telecommunications, media and entertainment, fashion, travel and leisure, manufacturing, and software and high-tech industries. The company has a global presence, with offices in the UK, the USA, Germany, Singapore, Italy, Thailand, and India.

    On 30 June 2022, the company’s shareholding pattern indicated a 53.38% promoter stake, 13.25% FII stake, 19.92% DII stake, and 11.34% public stake. The promoter share is equally divided between Mr Priyadarshan Mundhra and Mr Anjan Malik, having a 26.64% share each. In the June 2022 quarter, mutual fund holdings increased from 18.46% to 19.14%, and FII holdings decreased from 13.83% to 13.25%. The number of mutual funds schemes decreased from 14 to 13 in the quarter.

    eClerx Services Ltd.’s top management includes Mr Anish Ghoshal, Mr Priyadarshan Mundhra, Mr Alok Goyal, Mr Anjan Malik, Mr Biren Gabhawala, Mr Shailesh Kekre, Mr Srinjay Sengupta, Mr Pratik Bhanushali, Mr Rohitash Gupta, and Ms Deepa Kapoor. The company’s auditors are S R Batliboi & Associates LLP. As of 30 June 2022, the company had a total of 5.07 crore shares outstanding.

    On 21 October 2022, the company’s share price closed at Rs 1,288 on BSE, and its closing price on NSE was Rs 1,286.90. eClerx Services Ltd.’s share touched a 52-week high price of Rs 1,980.01 and a 52-week low price of Rs 1,170.44. Investors earned a -20.45% six-month return and a -11.94% one-year return by investing in the company’s shares.

    The company’s peers include Firstsource Solutions Ltd., Vakrangee Ltd., ALLSEC Technologies Ltd., and Hinduja Global Solutions Ltd.

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

1st Floor 29 Bank Street, Fort Sonawala Building, Mumbai, Maharashtra, 400023

Tel : 91-022-66148301
Email : investor:eclerx.com
Website : http://www.eclerx.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532927
NSE Code : ECLERX
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE738I01010

FAQ’s on eClerx Services Ltd Shares

You can buy eClerx Services Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy eClerx Services Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 18, 2024 03:24 PM the closing price of eClerx Services Ltd was ₹ 2,448.70.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 18, 2024 03:24 PM, the market cap of eClerx Services Ltd stood at ₹ 12,004.75.

The latest PE ratio of eClerx Services Ltd as of Apr 18, 2024 03:24 PM is 23.16

The latest PB ratio of eClerx Services Ltd as of Apr 18, 2024 03:24 PM is 0.16

The 52-week high of eClerx Services Ltd share price is ₹ 2,828.00 while the 52-week low is ₹ 1,272.00

According to analyst recommendations, eClerx Services Ltd Share has a “Buy” rating for the long term.

Download Our

Download App
market app