eClerx Services Limited
eClerx Services Limited operates in Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO), part of the Services sector. It booked ₹1,189 cr of revenue in its latest quarter (Q2 FY27) and kept 15.2% of sales as profit. It is the 2nd largest of 7 Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) companies we track, by market value.
“to build – compression, and enhanced insight generation.”
Healthier than 75% of companies in Services, on all six measures of filed financials. Each measure is ranked against the 34–117 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 28
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in ECLERX?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹1,189 cr |
| Other Income | ₹24 cr |
| Total Income | ₹1,213 cr |
| Cost of Materials | ₹0 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Employee Benefit Expense | ₹741 cr |
| Finance Costs | ₹15 cr |
| Depreciation & Amortisation | ₹56 cr |
| Other Expenses | ₹164 cr |
| Total Expenses | ₹976 cr |
| Profit before Tax | ₹237 cr |
| Tax Expense | ₹56 cr |
| Net Profit | ₹181 cr |
| Net margin on total income | 14.9% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 1,107 cr | 1,152 cr | 1,189 cr |
| Total income | 1,137 cr | 1,170 cr | 1,213 cr |
| Expenses | 885 cr | 952 cr | 976 cr |
| Profit before tax | 252 cr | 219 cr | 237 cr |
| Tax | 62 cr | 54 cr | 56 cr |
| Net profit (owners' share) | 189 cr | 164 cr | 180 cr |
| Net margin (owners' share, on revenue) | 17.1% | 14.3% | 15.2% |
| EPS (₹) | 20.47 | 17.86 | 19.63 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Firstsource Solutions Limited | ₹289 | ₹20,143 cr | 21.4 | 19.1% | 8.2% | — |
| eClerx Services Limitedthis company | ₹1,578 | ₹14,479 cr | 20.1 | 24.8% | 15.2% | — |
| RPSG VENTURES LIMITED | ₹826 | ₹7,596 cr | 7.5 | 14.5% | 2.5% | — |
| One Point One Solutions Limited | ₹73 | ₹1,921 cr | 26.1 | 15.6% | 10.5% | — |
| Hinduja Global Solutions Limited | ₹340 | ₹1,582 cr | — | -2.8% | -5.5% | — |
| Alldigi Tech Limited | ₹830 | ₹1,265 cr | 11.9 | 42.0% | 17.3% | — |
| WE WIN LIMITED | ₹47 | ₹113 cr | — | 11.6% | 2.9% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹1 / share | 21 Aug 2026 |
| Bonus issue | 1:1 | 13 Mar 2026 |
| Buyback | Buy Back | 17 Dec 2025 |
| Dividend | ₹1 / share | 22 Aug 2025 |
| Dividend | ₹1 / share | 6 Sep 2024 |
| Buyback | Buy Back | 4 Jul 2024 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 10 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.