Stock ECLERX ECLERX SERVICES LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials eClerx Services Limited

Equities

ECLERX

INE738I01010

Business Support Services

Market Closed - NSE India S.E.
Other stock markets
 07:43:49 2024-07-15 am EDT 		5-day change 1st Jan Change
2,528 INR -1.02% Intraday chart for eClerx Services Limited +1.07% -2.45%
Jul. 02 Nomura Adjusts eClerx Services' Price Target to INR3,100 From INR2,800, Keeps at Buy MT
May. 20 Nomura Adjusts eClerx Services’ Price Target to INR2,800 From INR3,000, Keeps at Buy MT

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 44,427 13,514 37,509 78,114 61,853 121,930 - -
Enterprise Value (EV) 1 37,068 5,812 30,316 71,238 54,961 114,177 107,755 105,579
P/E ratio 19.1 x 6.38 x 13.6 x 19.5 x 13.3 x 22.7 x 22.9 x 18.9 x
Yield 0.09% 0.27% 0.09% 0.04% 0.08% 0.04% 0.05% 0.05%
Capitalization / Revenue 3.11 x 0.94 x 2.4 x 3.62 x 2.34 x 3.9 x 3.76 x 3.33 x
EV / Revenue 2.59 x 0.4 x 1.94 x 3.3 x 2.08 x 3.9 x 3.32 x 2.89 x
EV / EBITDA 12.1 x 1.8 x 6.77 x 10.8 x 7.61 x 14.7 x 13.7 x 11.3 x
EV / FCF 24.1 x 1.95 x 9.31 x 18.4 x 12.6 x 24.3 x 21.4 x 21 x
FCF Yield 4.16% 51.4% 10.7% 5.44% 7.94% 4.11% 4.67% 4.75%
Price to Book 3.14 x 1.01 x 2.56 x 5.01 x 3.61 x 5.65 x 5.32 x 4.51 x
Nbr of stocks (in thousands) 58,067 55,475 51,009 49,414 47,933 48,231 - -
Reference price 2 765.1 243.6 735.3 1,581 1,290 2,528 2,528 2,528
Announcement Date 5/23/19 6/9/20 6/10/21 5/24/22 5/25/23 5/16/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 14,306 14,376 15,645 21,603 26,479 29,255 32,462 36,583
EBITDA 1 3,076 3,235 4,480 6,606 7,222 7,748 7,886 9,359
EBIT 1 2,629 2,526 3,664 5,574 6,082 6,490 6,634 8,106
Operating Margin 18.38% 17.57% 23.42% 25.8% 22.97% 22.18% 20.44% 22.16%
Earnings before Tax (EBT) 1 3,115 2,805 3,806 5,605 6,530 6,893 7,005 8,359
Net income 1 2,283 2,090 2,826 4,174 4,888 5,115 5,226 6,233
Net margin 15.96% 14.54% 18.06% 19.32% 18.46% 17.48% 16.1% 17.04%
EPS 2 39.99 38.17 54.19 81.05 97.15 104.4 110.5 133.9
Free Cash Flow 1 1,540 2,985 3,257 3,873 4,366 4,520 5,029 5,018
FCF margin 10.77% 20.76% 20.82% 17.93% 16.49% 15.47% 15.49% 13.72%
FCF Conversion (EBITDA) 50.07% 92.26% 72.71% 58.63% 60.45% 56.88% 63.77% 53.62%
FCF Conversion (Net income) 67.48% 142.83% 115.28% 92.8% 89.32% 86.72% 96.23% 80.5%
Dividend per Share 2 0.6667 0.6667 0.6667 0.6667 1.000 1.000 1.250 1.250
Announcement Date 5/23/19 6/9/20 6/10/21 5/24/22 5/25/23 5/16/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 3,943 4,728 4,863 5,233 5,592 5,917 6,178 6,503 6,867 6,931 6,845 7,082 7,503 7,569 7,774
EBITDA 1 1,121 1,525 1,412 1,651 1,724 1,820 1,435 1,813 1,905 2,069 1,673 1,817 2,164 2,052 1,690
EBIT 1 918.6 1,281 1,175 1,399 1,460 1,540 1,186 1,539 1,606 1,751 1,389 1,582 1,847 1,801 1,376
Operating Margin 23.29% 27.08% 24.16% 26.74% 26.1% 26.03% 19.2% 23.67% 23.39% 25.26% 20.29% 22.35% 24.62% 23.79% 17.7%
Earnings before Tax (EBT) 959.4 1,289 1,215 1,353 1,449 1,587 1,355 1,698 1,732 1,745 - 1,695 1,938 - 1,580
Net income 1 710.4 987.5 913.1 1,007 1,066 1,188 992 1,259 1,312 1,325 1,063 1,206 1,421 1,395 1,136
Net margin 18.02% 20.89% 18.78% 19.25% 19.06% 20.07% 16.06% 19.36% 19.1% 19.12% 15.53% 17.03% 18.94% 18.43% 14.61%
EPS 2 13.86 19.21 17.70 19.31 20.76 23.44 19.63 24.93 26.01 26.66 21.82 24.67 29.16 28.66 23.75
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 1/28/21 6/10/21 8/13/21 11/2/21 2/2/22 5/24/22 8/9/22 11/10/22 2/2/23 5/25/23 8/9/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 7,359 7,702 7,192 6,876 6,891 12,081 14,176 16,352
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 1,540 2,985 3,257 3,873 4,366 4,520 5,029 5,018
ROE (net income / shareholders' equity) 17.7% 15.6% 20.1% 27.2% 29.8% 26.6% 23.9% 24.7%
ROA (Net income/ Total Assets) 15.1% 12.5% - - - - - -
Assets 1 15,141 16,666 - - - - - -
Book Value Per Share 2 244.0 241.0 287.0 316.0 357.0 448.0 475.0 560.0
Cash Flow per Share 36.10 60.80 - - - - - -
Capex 1 521 343 388 608 684 1,577 1,384 1,539
Capex / Sales 3.64% 2.39% 2.48% 2.82% 2.58% 5.4% 4.26% 4.21%
Announcement Date 5/23/19 6/9/20 6/10/21 5/24/22 5/25/23 5/16/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for eClerx Services Limited

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
2,528 INR
Average target price
2,722 INR
Spread / Average Target
+7.66%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Business Support Services

1st Jan change Capi.
ECLERX SERVICES LIMITED Stock eClerx Services Limited
-2.45% 1.48B
CINTAS CORPORATION Stock Cintas Corporation
+18.62% 73.23B
JACOBS SOLUTIONS INC. Stock Jacobs Solutions Inc.
+11.48% 18.02B
RB GLOBAL, INC. Stock RB Global, Inc.
+19.35% 14.53B
BUREAU VERITAS SA Stock Bureau Veritas SA
+15.44% 13.13B
INTERTEK GROUP PLC Stock Intertek Group plc
+12.06% 10.18B
TELEPERFORMANCE SE Stock Teleperformance SE
-14.69% 7.28B
GENPACT LIMITED Stock Genpact Limited
-4.98% 5.84B
EXLSERVICE HOLDINGS, INC. Stock ExlService Holdings, Inc.
+9.04% 5.38B
MAXIMUS, INC. Stock Maximus, Inc.
+6.51% 5.33B
Other Business Support Services
  1. Stock Market
  2. Equities
  3. ECLERX Stock
  4. Financials eClerx Services Limited