
ECLERX SERVICES Latest Share Price (ECLERX)
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ECLERX rose 1.9% on light volume, outperforming Nifty's 0.3% move.
With a market cap of ₹18,339.89 Cr., it trades at a P/E of 24.92. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
ECLERX SERVICES flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Earnings GrowthEPS (TTM) grew by a solid 26.0% YoY
- ●High Capital EfficiencyROCE of 41.6% indicating pricing power
- ●Strong Return on EquityHealthy ROE of 37.8%
- ●Healthy Operating MarginsOPM is structurally strong at 22.5%
- ●Reasonable ValuationTrading at a moderate P/E of 17.8x
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
- ●Positive Free Cash FlowFCF has been positive for 3 consecutive years
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Sales ContractionQuarterly sales dropped 32.1% YoY
- ●Rising Receivables vs SalesReceivables grew 15.9% outpacing sales growth of 15.1%
Latest ECLERX SERVICES News
What changed recently?
Recent events, corporate actions, and announcements.
ECLERX SERVICES valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for ECLERX SERVICES, framed against the sector median so the premium or discount is obvious at a glance.
ECLERX SERVICES trades at a P/E of 24.92× and P/B of 7.04×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
ECLERX SERVICES technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for ECLERX SERVICES — derived from the latest tape, not yesterday's close.
ECLERX SERVICES last traded at ₹1,951.2 with an intraday range of ₹1,902.5–₹1,962.8 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹1951.20| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 2095.77 | +144.57 | +7.41% |
| R3 | 2035.47 | +84.27 | +4.32% |
| R2 | 1999.13 | +47.93 | +2.46% |
| R1 | 1975.17 | +23.97 | +1.23% |
| PIVOT | 1938.83 | -12.37 | -0.63% |
| CURRENT | 1951.20 | — | — |
| S1 | 1914.87 | -36.33 | -1.86% |
| S2 | 1878.53 | -72.67 | -3.72% |
| S3 | 1854.57 | -96.63 | -4.95% |
| S4 | 1794.27 | -156.93 | -8.04% |
ECLERX is trading Above CPR, indicating Bullishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: ₹1910.4–₹1933.9
Trading Above opening range, showing Bullishness
ECLERX SERVICES financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for ECLERX SERVICES — consolidated or standalone — with margins, YoY growth and key ratios inline.
ECLERX SERVICES reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹18,339.89 Cr. and reported EPS of ₹77.20.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 3,366 | 4,117 ▲ 22.3% |
| Sales Growth YoY %Derived | 15.05% | 22.32% |
| Other Income | 87 | 101 ▲ 16.9% |
| Total Income | 3,452 | 4,218 ▲ 22.2% |
| Gross ProfitDerived | 3,366 | 4,117 ▲ 22.3% |
| Gross Margin %Derived | 100.00% | 100.00% |
| 2,558 | 3,066 ▲ 19.9% | |
| EBITDA (Operating Profit)Derived | 808 | 1,051 ▲ 30.1% |
| OPM %Derived | 24.01% | 25.54% |
| 176 | 218 ▲ 23.5% | |
| Profit Before Tax (PBT) | 719 | 935 ▲ 30.1% |
| 177 | 229 ▲ 29.0% | |
| Effective Tax %Derived | 24.67% | 24.45% |
| Total Profit for Period | 541 | 706 ▲ 30.5% |
| Less: Non-controlling Interests | 0 | 0 ▲ 54.5% |
| Net Profit (Owner's PAT)Derived | 541 | 706 ▲ 30.5% |
| Net Profit Margin %Derived | 16.08% | 17.15% |
| PAT Growth YoY %Derived | 5.79% | 30.52% |
| Earnings Per Share (EPS ₹) | 56.78 | 75.09 ▲ 32.2% |
| Diluted Shares Outstanding (Cr) | 10 | 9 ▼ 1.3% |
| Other Comprehensive Income (Net of Tax) | 11 | 34 ▲ 210.9% |
| Total Expenses (incl. D&A & Interest) | 2,734 | 3,283 ▲ 20.1% |
| Material Cost % of RevenueDerived | — | — |
| Employee Cost % of RevenueDerived | 61.37% | 61.32% |
| Other Cost % of RevenueDerived | 14.62% | 13.14% |
| Interest Coverage (x)Derived | 19.11x | 20.79x |
| Period | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,365 | 1,431 ▲ 4.8% | 1,438 ▲ 0.5% | 1,564 ▲ 8.8% | 2,160 ▲ 38.1% | 2,648 ▲ 22.6% | 2,926 ▲ 10.5% | 3,366 ▲ 15.1% | 4,117 ▲ 22.3% | |
| Sales Growth YoY %Derived | — | 4.80% | 0.49% | 8.83% | 38.09% | 22.57% | 10.49% | 15.05% | 22.32% | |
| Other Income | 40 | 49 ▲ 20.8% | 47 ▼ 3.9% | 34 ▼ 26.2% | 25 ▼ 28.5% | 66 ▲ 167.9% | 66 ▼ 0.5% | 87 ▲ 31.8% | 101 ▲ 16.9% | |
| Total Income | 1,405 | 1,479 ▲ 5.3% | 1,484 ▲ 0.3% | 1,599 ▲ 7.7% | 2,185 ▲ 36.7% | 2,714 ▲ 24.2% | 2,991 ▲ 10.2% | 3,452 ▲ 15.4% | 4,218 ▲ 22.2% | |
| Gross ProfitDerived | 1,365 | 1,431 ▲ 4.8% | 1,438 ▲ 0.5% | 1,564 ▲ 8.8% | 2,160 ▲ 38.1% | 2,648 ▲ 22.6% | 2,926 ▲ 10.5% | 3,366 ▲ 15.1% | 4,117 ▲ 22.3% | |
| Gross Margin %Derived | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | |
999 | 1,123 ▲ 12.4% | 1,114 ▼ 0.8% | 1,116 ▲ 0.2% | 1,500 ▲ 34.3% | 1,926 ▲ 28.4% | 2,151 ▲ 11.7% | 2,558 ▲ 18.9% | 3,066 ▲ 19.9% | ||
| EBITDA (Operating Profit)Derived | 366 | 308 ▼ 16.0% | 324 ▲ 5.2% | 448 ▲ 38.5% | 661 ▲ 47.4% | 722 ▲ 9.3% | 775 ▲ 7.3% | 808 ▲ 4.3% | 1,051 ▲ 30.1% | |
| OPM %Derived | 26.83% | 21.50% | 22.50% | 28.64% | 30.58% | 27.28% | 26.48% | 24.01% | 25.54% | |
70 | 45 ▼ 35.7% | 90 ▲ 100.5% | 102 ▲ 13.6% | 125 ▲ 22.4% | 135 ▲ 8.4% | 147 ▲ 9.1% | 176 ▲ 19.4% | 218 ▲ 23.5% | ||
| Profit Before Tax (PBT) | 380 | 311 ▼ 17.9% | 281 ▼ 9.9% | 381 ▲ 35.7% | 560 ▲ 47.3% | 653 ▲ 16.5% | 689 ▲ 5.6% | 719 ▲ 4.2% | 935 ▲ 30.1% | |
90 | 83 ▼ 7.2% | 72 ▼ 14.0% | 98 ▲ 36.7% | 143 ▲ 45.9% | 164 ▲ 14.8% | 178 ▲ 8.4% | 177 ▼ 0.2% | 229 ▲ 29.0% | ||
| Effective Tax %Derived | 23.60% | 26.70% | 25.51% | 25.69% | 25.47% | 25.09% | 25.76% | 24.67% | 24.45% | |
| Total Profit for Period | 290 | 228 ▼ 21.3% | 209 ▼ 8.5% | 283 ▲ 35.3% | 418 ▲ 47.7% | 489 ▲ 17.1% | 512 ▲ 4.6% | 541 ▲ 5.8% | 706 ▲ 30.5% | |
| Less: Non-controlling Interests | -0 | 0 ▲ 190.5% | -0 ▼ 128.9% | 0 ▲ 2463.6% | 0 ▲ 37.3% | 0 ▲ 1.1% | 0 ▼ 23.8% | 0 ▼ 39.3% | 0 ▲ 54.5% | |
| Net Profit (Owner's PAT)Derived | 290 | 228 ▼ 21.3% | 209 ▼ 8.4% | 283 ▲ 35.2% | 417 ▲ 47.7% | 489 ▲ 17.1% | 511 ▲ 4.6% | 541 ▲ 5.8% | 706 ▲ 30.5% | |
| Net Profit Margin %Derived | 21.24% | 15.96% | 14.54% | 18.06% | 19.32% | 18.46% | 17.48% | 16.08% | 17.15% | |
| PAT Growth YoY %Derived | — | -21.28% | -8.45% | 35.21% | 47.72% | 17.11% | 4.63% | 5.79% | 30.52% | |
| Earnings Per Share (EPS ₹) | 25.02 | 19.66 ▼ 21.4% | 18.84 ▼ 4.2% | 27.00 ▲ 43.3% | 41.13 ▲ 52.3% | 49.85 ▲ 21.2% | 52.16 ▲ 4.6% | 56.78 ▲ 8.9% | 75.09 ▲ 32.2% | |
| Diluted Shares Outstanding (Cr) | 12 | 12 ▲ 0.2% | 11 ▼ 4.5% | 10 ▼ 5.7% | 10 ▼ 3.0% | 10 ▼ 3.4% | 10 ▲ 0.0% | 10 ▼ 2.8% | 9 ▼ 1.3% | |
| Other Comprehensive Income (Net of Tax) | -3 | -6 ▼ 135.2% | -18 ▼ 193.0% | 48 ▲ 366.1% | 3 ▼ 93.8% | 26 ▲ 758.4% | 21 ▼ 18.1% | 11 ▼ 47.9% | 34 ▲ 210.9% | |
| Total Expenses (incl. D&A & Interest) | 1,026 | 1,168 ▲ 13.8% | 1,204 ▲ 3.1% | 1,218 ▲ 1.2% | 1,624 ▲ 33.3% | 2,061 ▲ 26.9% | 2,302 ▲ 11.7% | 2,734 ▲ 18.8% | 3,283 ▲ 20.1% | |
| Material Cost % of RevenueDerived | — | — | — | — | — | — | — | — | — | |
| Employee Cost % of RevenueDerived | 50.73% | 55.00% | 59.42% | 56.59% | 55.34% | 57.01% | 59.42% | 61.37% | 61.32% | |
| Other Cost % of RevenueDerived | 22.44% | 23.49% | 18.07% | 14.77% | 14.08% | 15.72% | 14.10% | 14.62% | 13.14% | |
| Interest Coverage (x)Derived | 7,951.80x | 6,741.56x | 13.43x | 18.07x | 25.90x | 28.74x | 27.64x | 19.11x | 20.79x |
ECLERX SERVICES segment analysis : revenue and profit mix.
Disclosed business segments at ECLERX SERVICES with their share of revenue and profit, switchable between consolidated and standalone reporting.
ECLERX SERVICES discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for ECLERX SERVICES.
Our AI distills the core fundamental drivers supporting ECLERX SERVICES, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
ECLERX SERVICES's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
ROE 27.55% and ROCE 39.53% demonstrate exceptional capital efficiency versus peers.
Operating margin 23.74% substantially exceeds BPO peer benchmarks consistently.
Debt-to-equity 0.0000 with zero total debt ensures fortress balance sheet resilience.
Latest quarterly EPS grew 24.4% YoY; TTM EPS grew 26.0% YoY demonstrating earnings momentum.
TTM revenue growth 23.3% YoY shows strong market share capture and client acquisition.
Key Risks.
Dividend yield 0.05% is minimal, limiting appeal for income-focused investors.
FII holdings eased from 13.25% to 10.95%, signals foreign investor caution.
Current P/E 17.75 elevated versus forward P/E 14.73, suggesting near-term overvaluation.
Price returns flat 0% over 5-day, 13-week, 26-week, 52-week periods show no momentum.
Latest quarterly sales declined 32.13% YoY despite strong TTM growth trajectory.
Flip Conditions.
Valuation risk. a P/E above 32 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Return-quality risk. ROE below 33% would indicate weaker capital compounding.
Income thesis breaks if the dividend is cut or yield falls below 0.03%.
ECLERX SERVICES peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — ECLERX SERVICES is highlighted for quick read-across.
Quick Compare
ECLERX SERVICES chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for ECLERX SERVICES — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
ECLERX SERVICES delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for ECLERX SERVICES over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in ECLERX SERVICES stood at 42.6% of traded volume, against a 20-day average of 38.7%.
ECLERX SERVICES announcements: results, concalls, ratings, M&A.
Filings ECLERX SERVICES sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
ECLERX SERVICES files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 211 documents below.
Updates
eClerx Services Limited has informed the Exchange regarding 'Intimation of Schedule of Investor Meeting'.
Shareholders meeting
eClerx Services Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 08, 2026. Further, the…
Shareholders meeting
eClerx Services Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 08, 2026
Analysts/Institutional Investor Meet/Con. Call Updates
eClerx Services Limited has informed the Exchange about Schedule of meet
Updates
eClerx Services Limited has informed the Exchange regarding 'Intimation of Schedule of Investor Meeting'.
Investor decks & rating reports.
ECLERX SERVICES dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue ECLERX SERVICES has declared, sequenced by announce and record date.
ECLERX SERVICES corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
ECLERX SERVICES insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in ECLERX SERVICES as reported to SEBI — buying and selling signals from the people who know the business best.
ECLERX SERVICES insider activity below tracks 197 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Eclerx Employee Welfare Trust | Insider | 28 Apr 2026 | buy | +3.9 K | ₹5.39 L | ₹137.67 |
| Eclerx Employee Welfare Trust | Insider | 28 Apr 2026 | buy | +26.6 K | ₹92.82 L | ₹349.22 |
| Eclerx Employee Welfare Trust | Insider | 28 Apr 2026 | buy | +3.9 K | ₹5.39 L | ₹137.67 |
| Eclerx Employee Welfare Trust | Insider | 28 Apr 2026 | buy | +26.6 K | ₹92.82 L | ₹349.22 |
| Eclerx Employee Welfare Trust | Insider | 28 Apr 2026 | buy | +26.6 K | ₹92.82 L | ₹349.22 |
| Eclerx Employee Welfare Trust | Insider | 28 Apr 2026 | buy | +3.9 K | ₹5.39 L | ₹137.67 |
| Eclerx Employee Welfare Trust | Insider | 28 Apr 2026 | buy | +26.6 K | ₹92.82 L | ₹349.22 |
| Eclerx Employee Welfare Trust | Insider | 28 Apr 2026 | buy | +3.9 K | ₹5.39 L | ₹137.67 |
| Eclerx Employee Welfare Trust | Insider | 28 Apr 2026 | buy | +26.6 K | ₹92.82 L | ₹349.22 |
| Eclerx Employee Welfare Trust | Insider | 28 Apr 2026 | buy | +3.9 K | ₹5.39 L | ₹137.67 |
About ECLERX SERVICES: business, sector, key facts.
What ECLERX SERVICES does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
ECLERX SERVICES operates in the Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) industry under the Services sector, listed as NSE: ECLERX, BSE: 532927.

eClerx Services Limited is a global business process management (BPM) and technology solutions provider, catering to a diverse range of industries including financial services, telecommunications, retail, and technology. Their core offerings center around improving operational efficiency, enhancing customer experience, and leveraging data-driven insights for strategic decision-making. The company operates across multiple geographic locations, including India, the United States, the United Kingdom, Europe, and the Asia-Pacific region, allowing them to serve a global clientele.
A significant portion of eClerx's business focuses on providing customer experience solutions. This encompasses a wide array of services, from business process optimization to monitoring customer interactions and delivering omnichannel support. They strive to improve customer satisfaction and loyalty through efficient and effective interaction management. Their services in this area are supported by technological advancements such as their Q-Clips application, a training tool utilizing recorded customer interactions to enhance agent performance.
Beyond customer experience, eClerx offers robust services in data analytics and advanced analytics. This includes providing data management, insights generation, and digital marketing operations support. Their capabilities extend to enterprise business intelligence, enabling clients to leverage their data for informed strategic planning and improved operational outcomes. This is further supported by their advanced analytics solutions which help clients extract meaningful patterns and predictions from their data assets.
eClerx also provides specialized services for specific sectors. For instance, in the field technical operations space, they offer solutions for optimizing dispatch services, managing connected home services, processing return merchandise authorizations, and ensuring revenue assurance. In the financial services sector, they provide support for derivative trading, cash securities operations, and regulatory compliance, highlighting their adaptability and expertise across different industry verticals.
Furthermore, eClerx develops and offers its own technology products to supplement its service offerings. Roboworx, their robotic process automation (RPA) solution, automates repetitive tasks, improving efficiency. Their workforce manager tool streamlines operations across various processes such as work order management, equipment tracking, and invoicing. These technological assets demonstrate eClerx's commitment to innovation and providing comprehensive, integrated solutions to its clientele. They also offer quality assurance testing services through their webassure product.
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Questions investors ask about ECLERX SERVICES (ECLERX).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of ECLERX SERVICES (ECLERX)?
The current share price of ECLERX SERVICES (ECLERX) is ₹1,951.20. Today, the stock has gained by ₹35.60 (1.86%), trading in a range of ₹1,902.50 to ₹1,962.80. The stock opened at ₹1,915.00 with a trading volume of 1,18,274 shares.
02Is ECLERX SERVICES stock a good investment for long-term?
ECLERX SERVICES can be considered for long-term investment based on several factors. The company has a market capitalization of ₹18,339.89 Cr., P/E ratio of 24.92, ROE of 37.78%, and ROCE of 41.58%. The dividend yield stands at 0.05%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of ECLERX SERVICES stock?
The 52-week high price of ECLERX SERVICES (ECLERX) is ₹4,995.00, while the 52-week low is ₹1,320.00. Currently trading at ₹1,951.20, the stock is 47.82% above its 52-week low and 60.94% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy ECLERX SERVICES stock at the current price?
Whether to buy ECLERX SERVICES stock at ₹1,951.20 depends on multiple factors. The stock is currently trading with a P/E ratio of 24.92 and P/B ratio of 7.04. Today's performance shows a gain of 1.86%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of ECLERX SERVICES and when is the next dividend?
ECLERX SERVICES offers a dividend yield of 0.05%, which means for every ₹100 invested at the current price of ₹1,951.20, you can expect to receive approximately ₹0.05 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of ECLERX SERVICES?
ECLERX SERVICES's key financial metrics include: P/E Ratio: 24.92, P/B Ratio: 7.04, ROE: 37.78%, ROCE: 41.58%, Dividend Yield: 0.05%, EPS: ₹77.20, Book Value: ₹276.89, and Debt-to-Equity: 0. The company's market cap stands at ₹18,339.89 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is ECLERX SERVICES stock performing today in the market?
ECLERX SERVICES stock opened at ₹1,915.00 and is currently trading at ₹1,951.20, showing a gain of ₹35.60 (1.86%). The intraday high is ₹1,962.80 and low is ₹1,902.50. The trading volume stands at 1,18,274 shares, indicating moderate market participation today.
08What is the P/E ratio of ECLERX SERVICES and what does it indicate?
ECLERX SERVICES has a Price-to-Earnings (P/E) ratio of 24.92, which means investors are willing to pay 24.92 for every ₹1 of earnings. With an EPS of ₹77.20, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about ECLERX SERVICES (ECLERX) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.