This is a numbers-first look at eClerx Services Limited (ECLERX), covering income trends, margins, valuation, and shareholding.
eClerx Services Revenue Trend
eClerx Services Limited's top line grew 15.4% to ₹3,452 Cr in FY2025, compared to ₹2,991 Cr in FY2024.
Over the past 10 years, revenue has grown at a healthy 13.9% CAGR, from ₹942 Cr to ₹3,452 Cr. That's solid, above-average growth.
In terms of scale, eClerx Services Limited's ₹3,452 Cr in annual revenue positions it as a mid-sized computers - software company.
eClerx Services Limited has posted revenue growth for 10 consecutive years — that's a sustained trend, not a one-off.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹3,452 Cr | +15.4% |
| FY2024 | ₹2,991 Cr | +10.2% |
| FY2023 | ₹2,714 Cr | +24.2% |
| FY2022 | ₹2,185 Cr | +39.7% |
| FY2021 | ₹1,564 Cr | — |
View eClerx Services Limited's full 10-year revenue trend with CAGR analysis →
eClerx Services Profitability
Profitability strengthened with net income of ₹541 Cr in FY2025, 5.8% higher than FY2024.
Net profit margin compressed to 15.7% in FY2025 from 17.1% in FY2024.
Diluted EPS stood at ₹56.04 in FY2025, compared to ₹52.19 in FY2024.
Is eClerx Services Undervalued
Per the P/E Ratio model, eClerx Services Limited has an estimated intrinsic value of ₹1,474 (2.4% upside).
eClerx Services Limited shares are currently trading at ₹1,439.40.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹1,474 | 2.4% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for eClerx Services Limited with detailed assumptions →
eClerx Services Shareholding Pattern
Promoter holding increased from 53.8% to 54.5%, signalling growing confidence from the management group.
As of March 2026, FIIs own 11.8% of the company — up from 10.2% a year earlier.
Domestic investors held 23.9% of the company as of March 2026, down year-over-year from 26.0%.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 54.5% | 11.8% | 23.9% | 7.5% |
| Dec 2025 | 53.8% | 11.4% | 25.3% | 7.7% |
| Sep 2025 | 53.8% | 10.9% | 25.7% | 8.0% |
| Jun 2025 | 53.8% | 10.2% | 26.0% | 8.6% |
Track quarterly shareholding changes for eClerx Services Limited →
eClerx Services Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
Total assets stood at ₹31.46B at the end of FY2025, up 7.4% from ₹29.29B a year earlier.
Other Assets is the largest block at 36.5%, followed by Cash & ST Investments at 26.3% and Receivables at 15.7%.
Equity makes up 73.4% of liabilities and equity, with debt at 11.4% and operating liabilities at 15.2%. Over the year, debt is up 34.8% and equity is up 2.6%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 8.29B |
| Receivables | 4.95B |
| Inventories | 2.27M |
| Property, Plant & Equipment | 1.70B |
| Investments | 249.18M |
| Intangibles & Goodwill | 4.79B |
| Other Assets | 11.47B |
| Category | Value |
|---|---|
| Equity | 23.08B |
| Short-term Debt | 500.65M |
| Long-term Debt | 3.08B |
| Trade Payables | 785.74M |
| Other Liabilities | 4.01B |
eClerx Services Stock Analysis
To sum up eClerx Services Limited's financial position: the data paints a clear picture for investors evaluating this computers - software stock.
Revenue of ₹3,452 Cr in FY2025, up 15.4% year-over-year.
Long-term revenue has been compounding at 13.9% annually over 10 years.
The company is profitable, with a net margin of 15.7% and net income of ₹541 Cr.
The P/E Ratio model implies 2.4% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Get the complete view of eClerx Services Limited on Craytheon — 10 years of financials, three valuation models, and institutional holding trends.