eClerx Services

Market Cap (₹ Cr.)

₹15,798

52 Week High

3,443.00

Book Value

₹459

52 Week Low

2,114.00

PE Ratio

30.25

PB Ratio

7.71

PE for Sector

35.51

PB for Sector

8.18

ROE

28.50 %

ROCE

27.93 %

Dividend Yield

0.03 %

EPS

₹105.67

Industry

IT - Software

Sector

Computers - Software - Medium / Small

Investment Returns

In Long Term

In Short Term

1 Year

0.00%

2 Years

0.00%

3 Years

0.00%

4 Years

0.00%

5 Years

0.00%

Growth Rate

Revenue Growth

10.22 %

Net Income Growth

4.61 %

Cash Flow Change

6.76 %

ROE

-20.17 %

ROCE

-1.06 %

EBITDA Margin (Avg.)

-3.26 %

Financial Results

Quarterly Financials	Mar 2015	Jun 2015	Sept 2015	Dec 2015	Mar 2016	Jun 2016	Sept 2016	Dec 2016	Mar 2017	Jun 2017	Sept 2017	Dec 2017	Mar 2018	Jun 2018	Sept 2018	Dec 2018	Mar 2019	Jun 2019	Sept 2019	Dec 2019	Mar 2020	Jun 2020	Sept 2020	Dec 2020	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024	Sept 2024
Revenue	225	266	280	295	304	308	296	296	290	299	315	289	307	303	307	281	305	289	286	301	298	286	293	318	335	352	375	409	436	450	479	509	506	501	519	545	576	582	622
Expenses	157	167	195	181	171	183	181	185	199	201	192	196	229	222	220	220	224	230	262	213	223	200	203	224	212	226	244	267	290	337	335	349	345	377	381	395	425	465	465
EBITDA	68	99	84	113	133	125	115	111	91	97	124	92	78	81	87	61	82	59	24	87	75	86	90	94	123	126	131	142	146	113	144	160	161	124	137	150	151	118	157
Operating Profit %	27 %	33 %	28 %	37 %	43 %	39 %	38 %	35 %	31 %	30 %	31 %	32 %	21 %	21 %	23 %	22 %	24 %	17 %	5 %	26 %	20 %	26 %	29 %	28 %	36 %	34 %	35 %	34 %	32 %	22 %	28 %	28 %	31 %	24 %	25 %	26 %	24 %	18 %	24 %
Depreciation	9	9	10	11	11	8	9	9	9	7	7	8	8	5	6	7	8	11	11	11	11	11	13	13	13	11	12	14	14	13	14	15	17	14	15	17	18	18	19
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4	4	5	5	5	5	5	4	4	4	4	4	4	4	4	4	5	5	5	5	7	7
Profit Before Tax	59	91	74	102	122	116	105	102	82	90	116	85	70	76	81	54	74	44	9	72	59	70	72	77	106	110	115	125	127	97	126	141	140	106	117	129	128	94	131
Tax	11	24	21	22	26	25	22	22	17	21	29	21	19	24	22	16	18	13	12	18	15	17	19	23	29	27	29	33	32	25	32	35	37	26	30	34	34	24	35
Net Profit	49	66	53	80	95	91	87	85	68	73	86	64	55	52	62	39	56	34	-8	54	44	50	53	57	78	82	86	92	95	72	94	106	107	80	87	96	95	70	98
EPS in ₹	16.06	16.41	13.01	19.76	23.46	22.41	21.22	20.85	17.10	18.24	21.69	16.16	13.76	13.50	16.00	10.11	14.58	8.77	-2.17	14.61	11.82	13.54	15.52	16.79	22.46	24.14	25.08	27.29	28.83	21.76	18.90	21.26	21.82	16.60	17.95	19.87	19.68	14.58	20.65

Show % Change

Above figures are in Rs. Crores

Balance Sheet

Balance Sheet	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	872	1,089	1,255	1,291	1,503	1,516	1,525	1,546	1,597	2,060
Fixed Assets	65	77	58	47	61	159	148	136	157	255
Current Assets	638	721	893	890	987	971	835	853	887	1,261
Capital Work in Progress	1	0	1	0	0	0	0	2	20	1
Investments	148	462	485	403	520	674	713	683	676	799
Other Assets	658	550	711	841	923	683	664	724	743	1,005
Total Liabilities	225	120	156	195	198	405	343	371	438	548
Current Liabilities	206	97	126	160	159	252	201	250	305	324
Non Current Liabilities	20	23	30	35	39	153	141	121	133	223
Total Equity	647	969	1,099	1,095	1,305	1,111	1,183	1,175	1,159	1,512
Reserve & Surplus	616	928	1,060	1,057	1,266	1,074	1,149	1,141	1,111	1,464
Share Capital	30	41	40	39	39	37	34	33	48	48

Show % Change

Above figures are in Rs. Crores

Cash Flow

Cash Flow	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Cash Flow	35	35	-74	26	-106	24	76	7	-10	-67
Investing Activities	-49	-232	-170	-11	-267	35	1	49	54	-354
Operating Activities	199	381	328	294	161	291	248	351	355	367
Financing Activities	-115	-114	-232	-256	1	-302	-173	-393	-419	-79

Show % Change

Above figures are in Rs. Crores

Share Holding

% Holding	Mar 2021	Jun 2021	Sept 2021	Nov 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Feb 2023	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024	Jul 2024	Sept 2024
Promoter	53.81 %	53.81 %	53.81 %	54.02 %	53.38 %	53.38 %	53.38 %	53.38 %	53.38 %	53.61 %	53.61 %	53.61 %	53.61 %	53.61 %	53.61 %	53.61 %	53.81 %	53.81 %
FIIs	18.86 %	19.09 %	16.05 %	15.44 %	14.92 %	13.83 %	13.25 %	12.03 %	12.02 %	12.30 %	12.63 %	12.62 %	12.13 %	11.81 %	12.19 %	11.78 %	11.42 %	10.31 %
DIIs	15.13 %	15.74 %	17.56 %	17.96 %	19.00 %	19.34 %	19.91 %	20.31 %	19.94 %	20.32 %	20.19 %	20.88 %	21.65 %	22.90 %	22.75 %	22.50 %	22.86 %	24.03 %
Government	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.02 %	0.02 %	0.02 %	0.02 %	0.02 %	0.02 %	0.02 %	0.02 %	0.02 %	0.02 %	0.02 %
Public / Retail	9.67 %	9.18 %	10.58 %	10.55 %	10.60 %	11.30 %	11.35 %	12.12 %	12.47 %	11.69 %	11.53 %	11.15 %	10.92 %	10.03 %	9.78 %	10.67 %	10.45 %	10.41 %

Show % Change

Dividend History

Peer Comparison Compare Peers on Screener

Competitors	LTP	Market Cap (₹ Cr.)	P/E Ratio	Revenue (₹ Cr.)	YoY Revenue Growth %	Net Profit (₹ Cr.)	YoY Profit Growth %	RSI
Oracle Financial Services Software	11,129.95	96,841.71	38.81	6,715.15	14.01	2,219	38.39	46.55
PB FinTech	1,738.65	78,403.02	448.81	3,818.25	35.55	64	341.50	52.98
Coforge	8,196.00	54,138.84	68.70	9,240.40	14.41	836	24.32	68.46
Tata Elxsi	6,518.70	40,788.15	49.93	852.75	-	102	59,560.00	35.71
Tata Technologies	936.00	38,473.60	59.46	5,232.75	16.23	679	-1.85	32.10
KPIT Technologies	1,293.50	35,781.25	49.29	4,931.81	44.83	599	44.09	28.14
Firstsource Solutions	339.20	23,974.23	44.75	6,373.09	3.57	515	9.25	48.32
Affle India	1,560.00	22,090.10	64.42	1,900.02	27.66	297	37.75	52.12
Cyient	1,777.40	20,103.17	28.90	7,213.10	18.30	703	1.63	45.91
Zensar Technologies	713.25	15,931.97	24.56	5,060.70	2.22	665	-10.47	47.85