| Revenue growth | 15.2% YoY USD growth; 23% YoY INR growth. |
|---|---|
| Margins | Sequential EBITDA decline due to wage hikes; recovery expected in H2. |
| Order book | New deal wins of $41M in Q1; trailing ACV ~$170M. |
| Demand visibility | Healthy pipeline and customer conversations; new deal wins up 25% YoY. |
| Management confidence | Confident in achieving top-quartile industry growth and 24-28% EBITDA margins. |
Growth
Revenue grew 2.8% sequentially; INR revenue up 23% YoY. Operating EBITDA margin stood at 23%, impacted by wage increments.
Outlook
Guided FY27 EBITDA range of 24%-28%. Capex estimated at INR 130-150 Crores for the full year.
Risks
Margins face pressure from wage hikes and lower-margin international delivery centers; M&D and Retail verticals remain soft.
Last quarter's promises, checked
Delivered
- Guided Q1 stronger than Q4 → delivered 2.8% QoQ growth (= BEAT)
- Guided top quartile growth → delivered 23% YoY INR growth (= BEAT)
- Guided $170M ACV aspiration → delivered $170M trailing ACV (= BEAT)
Partly delivered
- Guided EBITDA sequential growth → delivered margin decline due to wage hikes (= PARTIAL)
Missed
- Guided 24-28% EBITDA margin → delivered 23% in Q1 (= MISS)
Investor Presentation filed with BSE, NSE: ECLERX. Summary written with AI assistance from the document.
eClerx Services Ltd: key numbers
- Share price
- ₹1,898.80
- Market cap
- ₹17,858 Cr
- Revenue (annual)
- ₹4,117 Cr
- Net profit (annual)
- ₹706.2 Cr
- P/E (TTM)
- 24.5×Sector 22.1×
- Promoter holding
- 54.52%+0.00% QoQ
- FII holding
- 11.01%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from eClerx Services Ltd
All →eClerx Services Employee Stock Options
The eClerx Employee Welfare Trust traded eClerx Services shares, reporting multiple off-market sales and market-based buy/sell transactions totaling ₹3.08 Crore.
- Value
- ₹3.06 Cr
eClerx Services Employee Stock Options
eClerx Employee Welfare Trust bought 9,627 equity shares on NSE for ₹1.89 Crore. Post-trade holding rose to 2,304,030 shares (2.45%).
- Value
- ₹1.89 Cr
eClerx Services Employee Stock Options
eClerx Employee Welfare Trust sold 6,237 shares on NSE for ₹1.20 Crore. The transaction is a routine ESOP trust inventory sale under the company's stock option plan.
- Value
- ₹1.20 Cr
eClerx Services Capital Structure Change
Eclerx Employee Welfare Trust purchased 32,497 equity shares of eClerx Services in market acquisitions. The total value of these transactions amounts to ₹6.33 Crore.
- Value
- ₹6.33 Cr
eClerx Services Capital Structure Change
Eclerx Employee Welfare Trust acquired 16,428 equity shares of eClerx Services Ltd via a market purchase valued at ₹3.16 Crore.
- Value
- ₹3.16 Cr
eClerx Services Capital Structure Change
Eclerx Employee Welfare Trust reported multiple share transactions totaling ₹5.77 Crore. This regulatory disclosure updates the Trust's equity holding in eClerx Services Ltd.
- Value
- ₹5.77 Cr