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eClerx Services Ltd share Price

Company details

6M Return 18.83%
1Y Return 19.80%
Mkt Cap.(Cr) 8,260.22
Volume 89,640
Div Yield 0.06%
OI Chg %
Volume 89,640

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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%


    eClerx reported Q4FY22 results.

    • Dollar revenues increased 5.2% QoQ to US$77.2 million
    • EBITDA margin declined 100 bps QoQ to 30.8%
    • The company reported 20% organic revenue growth in FY22

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eClerx Services Ltd.

Q3FY23 Quarterly Result Announced for eClerx Services Ltd.

Software and services firm eClerx Services announced Q3FY23 results:

  • Consolidated Q3FY23:
    • Operating revenue for the quarter that ended Q3FY23, was Rs 686.7 crore vs. Rs 559.2 crore in the corresponding period last year, a YoY increase of 22.8%.
    • Operating revenue increased by 16.0% to US$ 85.1 million as compared to US$ 73.4 million in the corresponding period last year.
    • Total revenue including other income for the period was Rs 704.5 crore, YoY increase by 25.0%.
    • EBIT for the period is Rs 178.5 crore, a growth of 14.5% YoY.
    • Profit after tax for the quarter that ended Q3FY23, was Rs 131.2 crore compared with Rs 106.6 crore in the corresponding period in the previous year, an increase of 23.0% YoY.
    • Basic EPS for the quarter ended Q3FY23 was Rs 26.4 as compared to Rs 21.2 (adjusted for bonus) in the corresponding period last year.
    • The total delivery headcount as of Q3FY23 stands at 16,697 – an increase of 19.2% YoY.



Result PDF

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Investment recommendation

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


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

eClerx Services Ltd Stocks COMPARISION


Equity Capital: 1,567.59 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 4,188.45 35,755.27
LAST 3M 16,061.94 57,887.59
LAST 6M 62,190.55 42,497.37
LAST 12M 116,352.25 89,431.64
eClerx Services Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jun 06, 2023 l NSE Announcement

eClerx Services Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jun 02, 2023 l NSE Announcement

eClerx Services Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 31, 2023 l NSE Announcement

Date Action Type Ratio
Sep 21, 2022 Bonus 1:2
Aug 19, 2022 Dividend 10
Sep 15, 2021 Dividend 10

eClerx Services Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • 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 : investors:eclerx.com
Website : http://www.eclerx.com

Karvy Computershare Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532927
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 Jun 07, 2023 04:08 PM the closing price of eClerx Services Ltd was ₹ 1,684.90.

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 Jun 07, 2023 04:08 PM, the market cap of eClerx Services Ltd stood at ₹ 8,260.22.

The latest PE ratio of eClerx Services Ltd as of Jun 07, 2023 04:08 PM is 17.15

The latest PB ratio of eClerx Services Ltd as of Jun 07, 2023 04:08 PM is 0.20

The 52-week high of eClerx Services Ltd is ₹ 1,757.95 while the 52-week low is ₹ 1,221.00

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

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