Eclerx Services Limited, Fundamental analysis

Eclerx Services Limited - Technical chart

consolidated in Rs/Cr.

Industry Industry name	IT - Software
Variance Full Year Net Profit Variance	36
Equity Latest Equity	94.05
Face Value Latest Face Value	10
Reserves Total Reserve	2469.37
Dividend Full Year Dividend %	10
Sales Turnover Full Year Net Sales	4117.03
Net Profit Full Year Net Profit	706.21
Full Year CPS Full Year Cash Per Share	93.7
Earning Per Share Full Year Earning Per Share	75.1
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	1107.29
Previous EPS Previous earnings per share	0
Book Value Book value	272.6
Networth Full Year Return on Networth	23.77
Price/Book Value Price to Book value	6.830521
Yearly PE ratio Full Year Price to Earning per share	24.8
Yearly PC ratio Full Year Price to Cash Per Share	19.9
Bse value BSE Value in lakhs	338.58
Nse value NSE Value in lakhs	3804.25
High 52 week high	2493
Low 52 week low	1319
Price NSE Current market price	1862
CPM Current market price	1862

Market cap BSE / NSE Market Cap	17507.54
Net profit Latest Quarter Net Profit	189.36
Net profit variance Latest Quarter Net Profit variance	24
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	3133.05
TTM OP Trailing Twelve 12 month Operating Profit	782.94
TTM OPM Trailing Twelve 12 month Operating Profit Margin	24.99
TTM GP Trailing Twelve 12 month Gross Profit	1110.49
TTM GPM Trailing Twelve 12 month Gross Profit Margin	26.97
TTM NP Trailing Twelve 12 month Net Profit	522.34
TTM NPV Trailing Twelve 12 month Net Profit Variane	36.05
TTM EPS Trailing Twelve 12 month EPS	75.09
TTM PE Trailing Twelve 12 month PE	24.79
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	131.51
Equity Latest Equity	94.05
LTP Latest Price (BSE/NSE)	1862
Gross block Latest Gross Block	1749.16
Loans Total loans	358.13
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	25.5
Year GPM Full Year Gross Profit Margin	27
Quarter OPM Latest quater Operation Profit Margin	25.6

Quarterly Results (consolidated, figures in Rs Cr.)

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	782	832	854	898	935	1,005	1,070	1,107
YOY Sales Growth %	14%	15%	13%	17%	20%	21%	25%	23%
Gross Sales	782	832	854	898	935	1,005	1,070	1,107
+ Expenses	616	616	646	680	714	734	794	824
Manufacturing Cost %	15%	14%	14%	15%	14%	12%	13%	13%
Employee Cost %	64%	60%	61%	60%	62%	61%	61%	61%
Other Manufacturing Expenses %	15%	14%	14%	15%	14%	12%	13%	13%
Operating Profit	166	216	207	219	221	271	276	284
OPM %	21%	26%	24%	24%	24%	27%	26%	26%
+ Other Income	21	13	21	32	14	27	30	30
Miscellaneous Income	21	13	21	32	14	27	30	30
Interest	8	8	8	11	10	11	10	12
Depreciation	32	33	36	41	37	43	46	50
Profit before tax	148	188	184	199	188	245	250	252
+ Tax %	24%	26%	25%	23%	25%	25%	23%	25%
Current Tax	39	50	49	54	43	65	64	63
Deferred Tax	-3	-1	-2	-8	3	-3	-6	-1
+ Net Profit	112	140	137	153	142	183	192	190
Minority Interest (After Tax)	0	1	0	0	0	0	0	0
Net Profit After Minority Interest	112	140	137	152	142	183	192	189
EPS in Rs	23.13	29.66	29.16	32.37	30.16	39.00	40.81	20.47

Profit & Loss (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Sales	1,314	1,330	1,365	1,431	1,438	1,564	2,160	2,648	2,926	3,366
Sales Growth %		1%	3%	5%	0%	9%	38%	23%	10%	15%
Gross Sales	1,314	1,330	1,365	1,431	1,438	1,564	2,160	2,648	2,926	3,366
+ Expenses	834	871	999	1,123	1,114	1,116	1,500	1,926	2,153	2,558
Manufacturing Cost %	6%	6%	7%	6%	5%	5%	6%	6%	4%	5%
Employee Cost %	44%	45%	51%	55%	59%	57%	55%	57%	59%	61%
Other Cost %	14%	15%	16%	17%	13%	10%	8%	10%	10%	10%
Power & Fuel %	1%	1%	1%	1%	1%	1%	0%	1%	1%	1%
Other Manufacturing Expenses %	5%	5%	6%	6%	5%	4%	6%	6%	4%	4%
Selling & Administration %	13%	14%	15%	16%	12%	9%	8%	9%	9%	9%
Miscellaneous Expenses %	0%	1%	1%	1%	1%	1%	0%	0%	0%	1%
Operating Profit	480	459	366	308	324	448	661	722	773	808
OPM %	37%	35%	27%	22%	23%	29%	31%	27%	26%	24%
+ Other Income	37	28	61	49	47	34	25	66	66	87
Miscellaneous Income	37	28	62	49	47	34	25	66	66	87
Exceptional Income	0	0	21	0	0	0	0	0	0	0
Interest	1	2	1	1	20	21	23	22	24	36
Depreciation	57	52	48	45	71	82	103	114	126	141
Profit before tax	460	436	380	311	281	381	560	653	689	719
+ Tax %	26%	19%	24%	27%	26%	26%	25%	25%	26%	25%
Current Tax	107	101	99	91	72	103	150	174	180	192
Deferred Tax	11	-19	-10	-8	-1	-5	-7	-10	-3	-15
+ Net Profit	342	354	290	228	209	283	418	489	512	541
Profit Growth %		4%	-18%	-21%	-8%	35%	48%	17%	5%	6%
Extraordinary Income / Expense	0	0	21	0	0	0	0	0	-2	0
Exceptional Item	0	0	21	0	0	0	0	0	-2	0
Minority Interest (After Tax)	0	0	0	0	0	0	0	0	0	0
Net Profit After Minority Interest	342	354	290	228	209	283	417	489	511	541
EPS in Rs	83.78	89.13	76.02	60.41	57.89	83.17	126.22	101.84	106.10	115.26

Balance Sheet (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	41	40	38	38	36	34	33	48	48	47
Reserves	1,052	1,186	1,229	1,455	1,377	1,574	1,534	1,667	2,199	2,418
+ Borrowings	4	1	6	2	157	175	163	194	266	358
Unsecured Borrowings	4	1	6	2	157	175	163	194	266	358
+ Other Liabilities	192	171	146	89	153	208	324	365	406	316
Current Liabilities	187	153	172	160	219	273	280	321	346	451
Provisions	3	5	6	5	20	24	10	10	12	26
Minority Interest	1	0	1	1	1	1	1	2	2	2
Equity Application Money	0	-10	-62	-112	-107	-107	0	0	0	-159
Other liability items	27	29	47	53	54	59	58	56	68	82
Total Liabilities	1,288	1,398	1,419	1,584	1,723	1,991	2,055	2,274	2,919	3,139
+ Fixed Assets	365	325	343	348	480	728	713	773	843	974
Gross Block	416	423	488	533	714	1,035	1,118	1,293	1,489	1,749
Accumulated Depreciation	51	98	145	185	234	307	405	520	646	775
CWIP	0	2	0	0	1	0	2	21	1	0
Investments	219	252	165	286	437	229	196	275	407	309
+ Other Assets	704	820	910	950	806	1,033	1,145	1,206	1,669	1,856
Inventories	0	0	0	0	0	0	1	0	1	0
Trade receivables	186	214	233	243	238	293	329	440	496	790
Cash Equivalents	328	356	440	452	335	491	494	428	692	739
Loans n Advances	162	191	211	200	204	225	291	295	428	319
Other asset items	26	59	26	55	29	25	31	43	53	8
Total Assets	1,288	1,398	1,419	1,584	1,723	1,991	2,055	2,274	2,919	3,139

Cash Flow (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Cash from Operating Activity	418	312	305	206	333	365	444	493	526	655
Profit from Operations	514	462	402	329	343	458	679	758	826	901
Working Capital Changes	16	-47	-3	-30	49	7	-70	-87	-128	-82
Profit Before Tax & Extraordinary Items	460	436	380	311	281	381	560	653	689	719
Depreciation	41	52	48	45	71	82	103	114	148	141
Interest (Net)	-5	-13	-14	-26	4	10	15	12	1	8
Dividend Received	-5	-13	-15	-10	-7	0	0	0	0	-2
Profit / Loss on Sale of Assets	1	0	0	0	0	0	0	0	0	-2
Profit / Loss on Sale of Investments	-1	0	0	-1	-1	-22	-6	-11	-12	-28
Provisions & Write-offs (Net)	15	1	3	2	3	2	2	3	3	3
Profit / Loss in Forex	3	5	-6	4	4	0	1	-10	-1	8
Receivables	-63	-33	-15	-15	10	-30	-37	-112	-55	-93
Inventories	0	0	0	0	0	0	0	0	0	0
Trade Payables	32	-12	19	-3	0	7	15	20	11	21
Direct Taxes Paid	0	0	0	0	0	0	-164	-178	-172	-164
+ Cash from Investing Activity	-167	-175	26	-230	24	-2	44	-55	-483	143
Purchase of Fixed Assets	-53	-30	-42	-52	-34	-39	-61	-91	-67	-121
Sale of Fixed Assets	1	0	0	0	1	0	0	1	3	6
Purchase of Investments	-859	-803	-844	-1,363	-1,196	-919	-1,158	-1,612	-1,662	-2,043
Sale of Investments	796	773	930	1,242	1,059	1,143	1,197	1,548	1,546	2,155
Interest Received	7	7	14	19	21	13	4	6	21	25
Dividend Received	5	13	15	10	7	0	0	0	0	2
Acquisition of Companies	-107	0	0	0	0	0	0	0	0	0
Others	44	-136	-47	-85	167	-200	61	93	-324	118
+ Cash from Financing Activity	-165	-245	-304	-54	-308	-188	-416	-440	-107	-610
Proceeds from Issue of Shares	14	8	9	5	1	0	0	0	0	30
Proceeds from Bank Borrowings	0	0	5	0	0	0	0	1	0	0
Repayment of Long-Term Borrowings	0	0	0	-5	-1	-1	0	0	-1	0
Repayment of Short-Term Borrowings	0	-2	0	0	0	0	0	0	0	0
Repayment of Financial Liabilities	0	0	0	0	-26	-29	-36	-39	-46	-36
Dividend Paid	-107	-4	-4	-4	-4	-3	-3	-3	-5	-5
Interest Paid	0	0	0	0	-19	-20	-22	-21	-23	-35
Others	-73	-247	-313	-51	-260	-135	-383	-399	-46	-564
Net Cash Flow	86	-108	28	-77	49	174	71	-2	-64	188