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eClerx Services Ltd

(ECLERX)

₹3090.550.69%

as on 04:01PM, 11 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

eClerx Services Ltd Analyst Rating

based on 8 analysts

BUY

87.50%

Buy

0.00%

Hold

12.50%

Sell

Based on 8 analysts offering long term price targets for eClerx Services Ltd. An average target of ₹2889.12

Source: S&P Global Market Intelligence

eClerx Services Ltd Share analysis

eClerx Services Ltd price forecast by 8 analysts

Downside of-6.52%

High

₹3600

Target

₹2889.12

Low

₹2150

eClerx Services Ltd target price ₹2889.12, a slight downside of -6.52% compared to current price of ₹3090.55. According to 8 analysts rating.

Source: S&P Global Market Intelligence

eClerx Services Ltd Performance

  • Day's Low

    Day's High

    ₹3,041
    ₹3,109.45
  • 52 Week's Low

    52 Week's High

    ₹1,865.5
    ₹3,217
1 Month Return+ 10.57 %
3 Month Return+ 21 %
1 Year Return+ 43.47 %
Previous Close₹3,069.40
Open₹3,069.40
Volume45.11K
Upper Circuit-
Lower Circuit-
Market Cap₹15,047.84Cr

eClerx Services Ltd Key Statistics

P/E Ratio28.84
PEG Ratio4.63
Market Cap₹15,047.84 Cr
P/B Ratio7.51
EPS106.1
Dividend Yield0.04
SectorIT - Software
ROE26.73

eClerx Services Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹15,047.84 Cr215.86%0.57₹511 Cr₹2,925 Cr
BUY₹10,813.26 Cr10.93%0.63₹280 Cr₹19,100 Cr
BUY₹5,836.25 Cr-1.13%0.75₹190 Cr₹12,261 Cr
BUY₹21,866.52 Cr117.39%0.57₹514 Cr₹6,336 Cr
HOLD₹5,132.46 Cr-0.37%0.61₹112 Cr₹9,321 Cr

About eClerx Services Ltd

eClerx Services Limited provides critical business operations services to many of the world's leading companies across numerous industries. With expansive capabilities in business process management, change management, advanced analytics, and smart automation, eClerx Services has achieved significant growth since its original incorporation in 2000. Their revenue growth breaking Rs. 2500 million for the first time in FY 2010 has been propelled by expansion of services and clientele across the globe, diversifying its currency concentration, and acquisitions of companies including eClerx Private Limited in Singapore, Agilyst Inc in the US and CLX Europe S.P.A in Italy. On July 28 2010, the company also issued Bonus Equity Shares in the ratio of 1:2 to shareholders, while acquiring Agilyst Inc in 2012 for an upfront payment of US$ 15.75 million and a variable earn out for performance. They also implemented buyback of equity shares for Rs. 40.50 crore and gave bonus equity shares of Rs. 10 each to the shareholders in 2015. Additionally, setting up a subsidiary in Canada and onshore delivery center in the US, launching nine new products, and investing in Artificial Intelligence and Competitive Intelligence have all propelled growth. Currently, eClerx has 16 subsidiaries and 1 associate company with a total capacity of 9000+ seats operating at 77% capacity. With the company continuing to demonstrate growth by strengthening its capabilities, investing in technology, and increasing global capabilities, it is expected to see them achieve greater success in the future.

Share Price: ₹3090.55 per share as on 11 Oct, 2024 04:01 PM
Market Capitalisation: ₹15,047.84Cr as of today
Revenue: ₹781.92Cr as on June 2024 (Q2 24)
Net Profit: ₹112.05Cr as on June 2024 (Q2 24)
Listing date: 31 Dec, 2007
Chairperson Name: Anish Ghoshal
OrganisationeClerx Services Ltd
HeadquartersMumbai
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for eClerx Services Ltd

  • eClerx Services Sees Significant Volume Surge - 25 Sep, 2024

    On September 25, 2024, eClerx Services Ltd experienced a remarkable 31.76-fold increase in trading volume, reaching 20 lakh shares. The stock price rose by 6.32% to Rs. 2,897.35, indicating strong market interest.

  • eClerx Services Transforms to Zero-Debt Company - 13 Sep, 2024

    eClerx Services has seen significant growth, trading over 7x its average price of INR 382 from early 2020. The company has also eliminated its debt, transitioning from INR 87 lakh in FY20 to being a zero-debt company as of FY24.

Insights on eClerx Services Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 5 quarters, 692.16 Cr → 802.83 Cr (in ₹), with an average increase of 3.6% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 20.20% to 20.57% in Jul 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, ECLERX stock has moved up by 10.6%

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 53.61% to 53.81% in Jul 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Rites Ltd has given 119.3% return, outperforming this stock by 15.3%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Firstsource Solutions Ltd has given 85.9% return, outperforming this stock by 42.5%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 11.78% to 11.42% in Jul 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 10.67% to 10.45% in Jul 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 138.63 Cr → 111.61 Cr (in ₹), with an average decrease of 10.2% per quarter

eClerx Services Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹684.48Cr (-)₹721.78Cr (↑5.45%)₹752.76Cr (↑4.29%)₹766.53Cr (↑1.83%)₹781.92Cr (↑2.01%)
Net Income₹106.66Cr (-)₹136.12Cr (↑27.62%)₹139.06Cr (↑2.16%)₹129.89Cr (↓6.59%)₹112.05Cr (↓13.73%)
Net Profit Margin15.58% (-)18.86% (↑21.05%)18.47% (↓2.07%)16.95% (↓8.23%)14.33% (↓15.46%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,533.19Cr (-)₹1,551.34Cr (↑1.18%)₹1,620.63Cr (↑4.47%)₹2,106.83Cr (↑30.00%)
Total Liabilities₹350.56Cr (-)₹376.81Cr (↑7.49%)₹461.79Cr (↑22.55%)₹594.47Cr (↑28.73%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹290.70Cr (-)₹248.26Cr (↓14.60%)₹351.18Cr (↑41.46%)₹354.78Cr (↑1.03%)₹366.81Cr (↑3.39%)

Index Inclusions

BSE Small-Cap

₹56,600.09

0.44 (246.73%)

Nifty Smallcap 250

₹18,213.00

0.47 (85.65%)

S&P BSE 400 MidSmallCap

₹12,717.51

0.37 (47.09%)

Nifty MidSmallcap 400

₹20,670.80

0.44 (91.3%)

Nifty 500

₹23,611.25

0.06 (13.1%)

BSE 500

₹37,203.52

0.03 (12.58%)

S&P BSE 250 SmallCap

₹7,396.63

0.47 (34.69%)

S&P BSE AllCap

₹10,896.94

0.07 (7.15%)

eClerx Services Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
53.81%
0.37
Foreign Institutions
11.42%
-3.07
Mutual Funds
20.57%
1.81
Retail Investors
10.45%
-2.02
Others
3.75%
0.34

eClerx Services Ltd Key Indicators

Details20202021202220232024
Return On Equity %12.9620.8230.1132.4326.73
Details20202021202220232024
Return On Assets %13.7818.4326.9130.1624.28
Details20202021202220232024
Book Value Per Share (₹)260.97294.23315.75357.01465.98
Details20202021202220232024
Earning Per Share (₹)38.5955.4584.15101.84106.1

eClerx Services Ltd Valuation

eClerx Services Ltd in the last 5 years

  • Overview

  • Trends

Lowest (6.13x)

March 19, 2020

Today (28.84x)

October 11, 2024

Industry (39.40x)

October 11, 2024

Highest (29.31x)

October 8, 2024

LowHigh

eClerx Services Ltd Earnings and Dividends

  • eClerx Services Ltd Earnings Results

    eClerx Services Ltd’s net profit jumped 4.98% since last year same period to ₹111.61Cr in the Q1 2024-2025. On a quarterly growth basis, eClerx Services Ltd has generated -14.49% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • eClerx Services Ltd Dividends May,2024

    In the quarter ending March 2024, eClerx Services Ltd has declared dividend of ₹1 - translating a dividend yield of 0.06%.

    Read More about Dividends

eClerx Services Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

eClerx Services Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on eClerx Services Ltd

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eClerx Services Ltd (ECLERX) share price today is ₹3090.55

eClerx Services Ltd is listed on NSE

eClerx Services Ltd is listed on BSE

  • Today’s highest price of eClerx Services Ltd is ₹3109.45.
  • Today’s lowest price of eClerx Services Ltd is ₹3041.

PE Ratio of eClerx Services Ltd is 28.84

PE ratio = eClerx Services Ltd Market price per share / eClerx Services Ltd Earnings per share

Today’s traded volume of eClerx Services Ltd(ECLERX) is 45.11K.

Today’s market capitalisation of eClerx Services Ltd(ECLERX) is ₹15047.84Cr.

eClerx Services Ltd(ECLERXPrice
52 Week High
₹3217
52 Week Low
₹1865.5

eClerx Services Ltd(ECLERX) share price is ₹3090.55. It is down -3.93% from its 52 Week High price of ₹3217

eClerx Services Ltd(ECLERX) share price is ₹3090.55. It is up 65.67% from its 52 Week Low price of ₹1865.5

eClerx Services Ltd(ECLERXReturns
1 Day Returns
21.15%
1 Month Returns
10.57%
3 Month Returns
21%
1 Year Returns
43.47%