eClerx Services Limited

Web: eclerx.com NSE: ECLERX BSE: 532927 SECTOR: Services - Commercial Services & Supplies

1877 70(-4%)

Volume

4L as on 22, Jul

Open

3,592

High

3,649

Low

3,586

1,947

VWAP

1,929

52 Week High

2,498

52 Week Low

1,320

Viand Research Rating

Quality Score

62/100

Growth Score

53/100

Valuation Score

50/100

Momentum Score

25/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

17,653

No. of Shares

9.41

P/E

46.07

P/B

13.75

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

29.85

ROCE

Profit Growth

Listing Date

31-Dec-07

Promoter Holding

54.53%

FII Holding

11.82%

DII Holding

23.95%

Price Chart

Price Performance

1 Week14%

1 Month34%

3 Months30%

6 Months55%

1 Year47%

YTD60%

Moving Average

5 Day SMA1,898

10 Day SMA1,776

20 Day SMA1,596

30 Day SMA1,534

50 Day SMA1,521

61 Day SMA1,520

80 Day SMA1,516

200 Day SMA2,795

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	2,037	1,946	1,991	2,055
Resistance 2	1,991	1,939	1,961	2,000
Resistance 1	1,958	1,931	1,942	1,975
Pivot Point	1,911	1,924	1,911	1,920
Support 1	1,878	1,917	1,881	1,896
Support 2	1,832	1,909	1,862	1,840
Support 3	1,798	1,902	1,832	1,816

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	ADANIPORTS	4,10,335	1781	1%	0%	29%	28%	33	41.4	0.66	12782
2	INDIGO	1,94,493	5030	1%	2%	4%	13%	50	41.4	11.15	-2394
3	GMRAIRPORT	1,13,657	108	2%	2%	15%	20%	0	41.4	-17.45	472
4	GMRINFRA	87,133	95	2%	9%	22%	9%	0	41.4	-17.45	472
5	JSWINFRA	75,632	325	2%	7%	24%	3%	0	41.4	0.63	1547
6	CONCOR	36,626	481	2%	2%	3%	21%	0	41.4	0.07	1246
7	DELHIVERY	34,831	465	6%	3%	20%	5%	0	41.4	0.15	153
8	GESHIP	20,558	1440	3%	3%	29%	45%	0	41.4	0.06	2943
9	REDINGTON	20,510	262	6%	5%	2%	15%	0	41.4	0.28	1284
10	CMPDI	18,203	255	2%	8%	64%	64%	0	41.4	0	613
Load More

Shareholding Pattern (%)

	Mar 2026	Jan 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jul 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021
Promoters	(0.01) 54.53%	(0.71) 54.53%	(0.01) 53.81%	(0.01) 53.81%	(0.01) 53.81%	(0.01) 53.81%	(0.01) 53.81%	(0.01) 53.81%	(0.21) 53.81%	(0.01) 53.61%	(0.01) 53.61%	(0.01) 53.61%	(0.01) 53.61%	(0.01) 53.61%	(0.21) 53.61%	(0.01) 53.38%	(0.01) 53.38%	(0.01) 53.38%	(0.01) 53.38%	(0.01) 53.38%
FIIs	(0.41) 11.82%	(0.01) 11.44%	(0.41) 11.39%	(0.81) 10.95%	(0.01) 10.16%	(-0.21) 10.12%	(0.01) 10.27%	(-1.11) 10.31%	(-0.41) 11.42%	(-0.41) 11.78%	(0.41) 12.19%	(-0.31) 11.81%	(-0.51) 12.13%	(0.01) 12.62%	(0.61) 12.64%	(0.01) 12.03%	(-1.21) 12.03%	(-0.61) 13.25%	(-1.11) 13.83%	(0.01) 14.92%
DIIs	(-0.61) 23.95%	(-0.81) 24.53%	(-0.41) 25.31%	(-0.31) 25.72%	(0.91) 26.04%	(0.91) 25.12%	(0.21) 24.19%	(1.21) 24.02%	(0.41) 22.86%	(-0.31) 22.49%	(-0.21) 22.75%	(1.31) 22.91%	(0.81) 21.64%	(0.71) 20.89%	(0.31) 20.19%	(-0.41) 19.94%	(0.41) 20.31%	(0.61) 19.92%	(0.31) 19.34%	(0.01) 19.01%
Government	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.00%	0.00%	0.00%
Public	7.53%	7.67%	7.67%	7.98%	8.59%	9.49%	10.38%	10.42%	10.47%	10.68%	9.78%	10.04%	10.92%	11.14%	11.52%	12.48%	12.12%	11.34%	11.30%	10.60%
No. of Shareholders	67,142	68,913	70,296	65,927	66,300	69,424	68,025	58,048	62,184	146,680	49,157	52,639	49,715	53,484	53,248	96,628	52,436	48,202	50,898	42,302

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021	Jun 2021
Sales	1107	1070	1005	935	898	854	832	782	767	753	722	684	693	687	650	618	592	559	523	486
Sales Growth % (YoY)	23.3%	25.4%	20.8%	19.5%	17.2%	13.4%	15.2%	14.2%	10.6%	9.6%	11%	10.8%	17.1%	22.8%	24.3%	27.1%	25.1%	41.8%	45%	44.5%
Sales Growth % (QoQ)	3.5%	6.5%	7.5%	4.1%	5.2%	2.6%	6.4%	2%	1.9%	4.3%	5.6%	-1.3%	0.9%	5.7%	5.2%	4.4%	5.9%	6.9%	7.6%	-
Expenses	824	794	734	714	680	646	616	616	571	546	517	517	486	496	469	474	410	387	358	345
Operating Profit	284	276	271	221	219	207	216	166	196	207	205	167	207	191	181	143	182	172	165	141
OPM %	26	26	27	24	24	24	26	21	26	28	28	24	30	28	28	23	31	31	32	29
Other Income	30	30	27	14	32	21	13	21	23	19	14	8	5	18	21	22	10	4	1	9
Interest	12	10	11	10	11	8	8	8	6	6	6	6	6	5	5	5	5	5	6	5
Depreciation	50	46	42	37	41	36	33	32	34	34	30	28	32	30	27	25	28	26	25	24
Profit before tax	252	250	245	188	199	184	188	148	179	187	182	141	174	173	170	135	159	145	135	122
Tax %	25	23	25	25	23	25	26	24	28	26	25	24	24	24	26	27	25	26	26	24
Net Profit	190	192	183	142	153	137	140	112	130	139	136	107	132	131	126	100	118	107	101	92
Net Profit Growth % (QoQ)	-1%	4.9%	28.9%	-7.2%	11.7%	-2.1%	25%	-13.8%	-6.5%	2.2%	27.1%	-18.9%	0.8%	4%	26%	-15.3%	10.3%	5.9%	9.8%	-
Net Profit Growth % (YoY)	24.2%	40.1%	30.7%	26.8%	17.7%	-1.4%	2.9%	4.7%	-1.5%	6.1%	7.9%	7%	11.9%	22.4%	24.8%	8.7%	-	-	-	-
TTM Net Profit	707	670	615	572	542	519	521	517	512	514	506	496	489	475	451	426	418	300	193	0
EPS in Rs	20.13	20.4	19.22	14.87	15.97	14.38	14.72	11.38	13.31	14.13	13.86	10.84	13.51	25.85	24.82	19.57	23.42	21.03	19.26	17.46

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Sales	4117	3366	2926	2648	2160	1564	1438	1431	1365	1330	1314	942	841	661
Sales Growth %	22.3%	15%	10.5%	22.6%	38.1%	8.8%	0.5%	4.8%	2.6%	1.2%	39.5%	12%	27.3%	39.7%
Expenses	3066	2557	2150	1925	1498	1115	1111	1122	998	869	833	626	486	406
Operating Profit	1051	809	776	723	662	450	326	309	368	461	482	316	355	255
OPM %	26	24	27	27	31	29	23	22	27	35	37	34	42	39
Other Income	101	87	64	66	24	34	45	49	61	28	36	32	11	-18
Interest	42	36	24	22	23	21	20	1	1	2	1	1	1	0
Depreciation	175	141	126	114	103	82	71	45	48	52	57	50	33	26
Profit before tax	935	719	689	653	560	381	281	311	380	436	460	298	332	211
Tax %	24	25	26	25	25	26	26	27	24	19	26	23	23	19
Net Profit	706	541	512	489	418	283	209	228	290	354	342	230	256	172
Net Profit Growth %	30.5%	5.7%	4.7%	17%	47.7%	35.4%	-8.3%	-21.4%	-18.1%	3.5%	48.7%	-10.2%	48.8%	-
EPS in Rs	75.09	56.78	52.14	49.83	41.08	26.99	18.83	19.66	25	29.65	27.9	18.9	42.33	28.74
Dividend Payout %	1	1	1	1	1	1	2	2	1	1	1	46	41	44

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Cash from Operating Activity	873	655	526	493	444	365	333	206	305	312	418	243	195	153
Cash from Investing Activity	-141	143	-483	-55	44	-2	24	-230	26	-175	-167	-62	-129	-34
Cash from Financing Activity	-622	-610	-107	-440	-416	-188	-308	-54	-304	-245	-165	-115	-84	-53
Net Cash Flow	111	188	-64	-2	71	174	49	-77	28	-108	86	66	-17	66

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Equity Capital	92	47	47	47	48	48	33	34	36	38	38	40	41	30	30	30
Reserves	2469	2577	2259	2001	2199	1667	1534	1467	1270	1344	1167	1176	1052	685	559	408
Borrowings	385	395	358	290	266	194	163	175	157	2	6	1	4	0	0	0
Other Liabilities	751	511	475	366	393	365	324	315	260	201	208	182	192	242	201	163
Total Liabilities	3697	3530	3139	2704	2906	2274	2055	1991	1723	1584	1419	1398	1288	957	790	601
Fixed Assets	1054	1040	974	863	850	773	713	728	480	348	343	325	365	167	155	135
CWIP	5	4	0	20	1	21	2	0	1	0	0	2	0	1	1	1
Investments	308	439	309	318	406	275	196	229	437	286	165	252	219	155	115	35
Other Assets	2330	2048	1856	1503	1649	1206	1145	1033	806	950	910	820	704	634	518	430
Total Assets	3697	3530	3139	2704	2906	2274	2055	1991	1723	1584	1419	1398	1288	957	790	601

Delivery

#	Date	1320 53% 2025	Value (Cr)	Q/T 14	Del 36	Del 64
1	22-Jul	1947	73	12	45	33
2	21-Jul	1924	72	14	23	16
3	20-Jul	1878	305	16	12	36
4	17-Jul	1980	678	21	18	121
5	16-Jul	1760	88	11	47	42
6	15-Jul	1714	81	10	44	36
7	14-Jul	1718	93	13	50	47
8	13-Jul	1663	51	9	47	24
9	10-Jul	1622	78	12	52	41
10	9-Jul	1556	68	11	42	28
11	8-Jul	1477	34	9	47	16
12	7-Jul	1502	24	8	41	10
13	6-Jul	1498	49	11	48	23
14	3-Jul	1489	194	17	19	38
15	2-Jul	1391	129	19	28	37
16	1-Jul	1332	14	10	46	6
17	30-Jun	1325	38	10	56	21
18	29-Jun	1345	64	12	58	37
19	25-Jun	1404	31	13	47	15
20	24-Jun	1394	31	13	53	16
21	23-Jun	1384	51	12	60	30
22	22-Jun	1450	18	9	42	8
23	19-Jun	1419	34	10	41	14
24	18-Jun	1448	26	9	44	11
25	17-Jun	1456	28	10	43	12
26	16-Jun	1436	25	9	45	12
27	15-Jun	1406	35	10	54	19
28	12-Jun	1396	16	11	45	7
29	11-Jun	1337	22	9	42	9
30	10-Jun	1360	21	10	49	10
31	9-Jun	1415	34	9	41	14
32	8-Jun	1385	29	10	35	10
33	5-Jun	1380	26	12	43	11
34	4-Jun	1408	35	10	45	16
35	3-Jun	1439	63	13	56	36
36	2-Jun	1517	45	11	44	20
37	1-Jun	1474	27	8	50	13
38	29-May	1508	28	10	51	15
39	27-May	1541	21	12	41	8
40	26-May	1567	26	11	47	12
41	25-May	1588	39	12	44	17
42	22-May	1578	33	16	54	18
43	21-May	1537	29	15	45	13
44	20-May	1518	28	12	38	11
45	19-May	1554	265	19	16	42
46	18-May	1474	29	10	41	12
47	15-May	1483	38	11	36	14
48	14-May	1518	85	12	35	30

Daily Market Cap

Date	Total Market Cap	Change	Chg %
23-Jul	17,653c	442c	2.44
22-Jul	18,095c	151c	0.82
21-Jul	18,246c	160c	0.88
17-Jul	18,086c	1,553c	9.39
16-Jul	16,533c	404c	2.51
15-Jul	16,129c	663c	4.29
14-Jul	15,466c	231c	1.47
13-Jul	15,697c	639c	4.24
10-Jul	15,059c	415c	2.83
09-Jul	14,644c	753c	5.42
08-Jul	13,890c	288c	2.03
07-Jul	14,178c	152c	1.09
06-Jul	14,026c	576c	4.28
02-Jul	13,450c	915c	7.30
01-Jul	12,535c	86c	0.69
30-Jun	12,450c	372c	2.90
29-Jun	12,822c	345c	2.62
26-Jun	13,167c	43c	0.33
25-Jun	13,124c	34c	0.26
24-Jun	13,090c	80c	0.61
23-Jun	13,010c	627c	4.60
22-Jun	13,637c	216c	1.61
19-Jun	13,421c	215c	1.58
18-Jun	13,636c	57c	0.42
17-Jun	13,694c	151c	1.11
16-Jun	13,543c	376c	2.86
15-Jun	13,167c	4c	0.03
12-Jun	13,163c	518c	4.10
11-Jun	12,645c	561c	4.24
10-Jun	13,206c	0	0

Stock Checklist

Price is below from 52 week high low average: 5%

Stock is trading above all short term SMAs: YES

Stock is trading above all long term SMAs: NO

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: YES

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 153 fund scheme(s) across 26 fund house(s) as of Jul26 · Total value ₹5,852 Cr · 10 increasing / 20 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
HDFC Mutual Fund	14	2.60%	-0.20%	2169.8
Nippon India Mutual Fund	12	0.69%	-	1020.5
HSBC Mutual Fund	12	0.79%	-	656.7
DSP Mutual Fund	8	113.93%	-	622
Bandhan Mutual Fund	6	0.29%	-	273.2
Motilal Oswal Mutual Fund	10	1.52%	-	211.2
ICICI Prudential Mutual Fund	8	0.27%	+0.06%	151.9
Tata Mutual Fund	4	5.14%	-	140.2
Axis Mutual Fund	10	0.67%	-	115.2
WhiteOak Capital Mutual Fund	16	12.12%	+0.01%	114.9
UTI Mutual Fund	10	1.04%	-	105
Mirae Asset Mutual Fund	4	1.40%	-	93
Union Mutual Fund	2	1.34%	-	53.2
Baroda BNP Paribas Mutual Fund	2	2.14%	-	51.4
Trust Mutual Fund	2	0.90%	+0.90%	33.9
Bajaj Finserv Mutual Fund	2	0.43%	-0.04%	15.9
SBI Mutual Fund	4	0.16%	-	9.6
Edelweiss Mutual Fund	4	0.51%	-	5.9
Samco Mutual Fund	2	1.73%	-0.15%	5.5
Jio BlackRock Mutual Fund	2	0.15%	-	1
Groww Mutual Fund	4	0.16%	-	0.9
Navi Mutual Fund	6	1.03%	-	0.6
Kotak Mahindra Mutual Fund	2	0.25%	-0.04%	0.3
Angel One Mutual Fund	4	0.47%	-	0.3
Zerodha Mutual Fund	1	0.12%	-0.01%	0
The Wealth Company Mutual Fund	2	0.00%	-	0

eClerx Services Limited

Price Chart

Price Performance

Moving Average

PIVOT LEVEL

Competitors/Peers

Shareholding Pattern (%)

Quarterly Results

Profit and Loss

Cash Flows

Balance Sheet

Delivery

Daily Market Cap

Stock Checklist

Mutual Fund Holdings

Strategy Builder

Bulk Deals

Events

News

Exchange Filings

Annual Reports

Ratings & Research Reports

Concalls

Announcements