eClerx Services Revises Buyback Price to ₹4,800, Reduces Share Count to 625,000

eClerx Services Limited has revised its share buyback program, increasing the buyback price while reducing the number of shares to be repurchased. The Buyback Committee of the Board of Directors approved these changes, maintaining the total buyback value at ₹3,000 million.

Revised Buyback Parameters

Parameter	Original Terms	Revised Terms
Price per Share	₹4,500.00	₹4,800.00
Maximum Shares	666,666	625,000
Total Value	₹3,000.00 million	₹3,000.00 million
Equity Capital %	-	1.31%
Record Date	December 17	December 17
Buyback Period	December 22-29	December 22-29

Key Buyback Features

The buyback will be conducted through a tender offer route with specific provisions for different shareholder categories. Small shareholders have 15% of the shares reserved for them, while promoters and promoter group members will not participate in the buyback process.

Feature	Details
Method	Tender Offer Route
Small Shareholder Reservation	15%
Promoter Participation	Not Participating
Managing Entity	Emkay Global Financial Services
Approval Required	Shareholder approval via postal ballot

Current Shareholding Structure

The company's shareholding pattern shows promoters holding a majority stake, with public shareholders comprising the remaining portion.

Shareholder Category	Shareholding Percentage
Promoters	53.81%
Public	44.69%

Regulatory Compliance and Publication

The company has informed BSE Limited and National Stock Exchange of India Limited about the price revision under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. An addendum to the public announcement will be published in Business Standard (English and Hindi editions) and Mumbai edition of Navshakti, and will be available on the company's website.

The price increase from ₹4,500 to ₹4,800 per share represents a 6.67% enhancement in the offer price, potentially making the buyback more attractive to shareholders. The corresponding reduction in share count from 666,666 to 625,000 shares ensures the total buyback value remains unchanged at ₹3,000 million. Shareholders eligible for participation will be determined based on the record date of December 17, with the buyback period scheduled from December 22-29.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.73%	+7.12%	+5.91%	+37.46%	+32.50%	+726.58%

eClerx Services , a leading data management and analytics solutions provider, has reported robust financial performance for the second quarter, coupled with the announcement of a significant share buyback program.

Strong Financial Performance

The company's consolidated financial results for Q2 showcase impressive growth:

Metric	Q2	YoY Growth
Revenue	10.05 billion rupees	20.8%
EBITDA	2.98 billion rupees	28.1%
Net Profit	1.83 billion rupees	30.6%
EBITDA Margin	28.8%	399 bps

eClerx Services' revenue for the quarter reached 10.05 billion rupees, marking a substantial year-over-year increase of 20.8%. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew by 28.1% to 2.98 billion rupees, with the EBITDA margin expanding by 399 basis points to 28.8%.

Net profit for the quarter saw a significant jump of 30.6%, reaching 1.83 billion rupees. This strong bottom-line growth underscores the company's operational efficiency and ability to translate revenue gains into profitability.

Share Buyback Program

In a move that signals confidence in its financial position and commitment to enhancing shareholder value, eClerx Services' Board of Directors has approved a share buyback program. The key details of the buyback are as follows:

Total buyback size: Up to 3 billion rupees
Buyback price: 4,500 rupees per share
Method: Tender offer route

The buyback represents 21.08% of the aggregate of the company's total paid-up equity share capital and free reserves based on the standalone financial statements as of March 31, 2025. On a consolidated basis, it accounts for 13.80% of the same metrics.

Market Position and Future Outlook

eClerx Services continues to strengthen its position in the data management and analytics solutions sector. The company's robust financial performance, coupled with the share buyback announcement, may be interpreted as a sign of management's confidence in the company's future prospects and its commitment to returning value to shareholders.

The increase in revenue and profitability suggests that eClerx Services is successfully capitalizing on the growing demand for data-driven solutions across various industries. As businesses increasingly rely on data analytics for decision-making, companies like eClerx Services are well-positioned to benefit from this trend.

Conclusion

eClerx Services' strong Q2 results, characterized by double-digit growth in revenue and profitability, along with the announcement of a substantial share buyback program, paint a positive picture for the company. As the demand for data management and analytics solutions continues to grow, eClerx Services appears to be in a strong position to capitalize on market opportunities and deliver value to its shareholders.