eClerx Services Limited has announced a scheduled investor meeting with Unifi Capital Pvt Ltd, set to take place on March 30, 2026. The company made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015.

Meeting Details

The investor interaction has been structured as a virtual one-to-one meeting format. The discussion agenda will focus on industry and company-specific developments that are already available in the public domain.

Regulatory Compliance

The intimation was filed by Pratik Bhanushali, VP-Legal & Company Secretary of eClerx Services Limited, bearing membership number F8538. The disclosure document was digitally signed and dated March 30, 2026, at 14:48:47 +05'30'.

Schedule Flexibility

eClerx Services Limited has noted that the meeting schedule may undergo changes due to exigencies on the part of either the investors or the company. This standard disclaimer provides flexibility for both parties in case of unforeseen circumstances that might require rescheduling.

The company has shared this information with both BSE Limited and National Stock Exchange of India Limited as part of its ongoing compliance with listing regulations and transparency requirements for investor communications.

EClerx Services has received a positive assessment from Nomura, with the brokerage maintaining its Buy rating and setting a target price of Rs 2200. The recommendation comes despite some downward revisions to earnings projections for the coming years.

Key Investment Highlights

Nomura's bullish stance on EClerx Services is supported by several operational and financial factors. The company demonstrates healthy Annual Contract Value (ACV) performance, indicating strong client relationships and recurring revenue streams. Additionally, EClerx has secured strong deal wins, reflecting its competitive positioning in the market.

Valuation and Growth Prospects

The brokerage firm views EClerx Services as attractively valued at 14.6x FY28F EPS, suggesting the stock offers good value at current levels. This valuation multiple appears reasonable given the company's growth prospects and operational performance. The robust pipeline of opportunities further strengthens the investment case, indicating potential for sustained business growth.

Earnings Revisions

Despite the overall positive outlook, Nomura has made modest downward revisions to earnings estimates. The brokerage has cut FY26-28F EPS projections by 1-8%, reflecting a more conservative approach to near-term earnings expectations. However, these revisions have not materially impacted the overall investment thesis.

Market Position

EClerx Services continues to demonstrate strong operational performance through its deal wins and pipeline development. The company's ability to maintain healthy ACV levels suggests effective client retention and expansion strategies. These operational strengths, combined with the attractive valuation, support Nomura's positive investment recommendation despite the modest earnings revisions.