eClerx Services Ltd

eClerx Services Ltd

₹ 2,431 2.06%
24 Jul - close price
About

EClerx Services Ltd incorporated in 2000, provides business process management, automation and analytics services to a number of Fortune 2000 enterprises, including some of the world's leading financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure and technology companies[1]

Key Points

Business Segments[1]
Customer Operations: The customer operations segment helps enhance customer experience by providing quality monitoring/ insights, advanced analytics, automation, superior technical operations support, and digital care services.
Digital: eClerx digital provides creative production, eCommerce / web operations, and analytics & insights services to organisastions.
Financial Markets: The Co offers holistic solutions across the trade lifecycle, change management, settlements and clearing, asset servicing, data and analytics in financial markets practise.

  • Market Cap 11,919 Cr.
  • Current Price 2,431
  • High / Low 2,828 / 1,582
  • Stock P/E 33.4
  • Book Value 308
  • Dividend Yield 0.04 %
  • ROCE 33.3 %
  • ROE 26.7 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 29.3%

Cons

  • Stock is trading at 7.88 times its book value
  • Working capital days have increased from 69.7 days to 114 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
330 344 374 406 428 435 465 488 501 495 509 530 561
212 226 244 267 290 337 335 349 345 377 381 395 425
Operating Profit 117 118 130 139 138 98 130 139 156 119 127 136 136
OPM % 36% 34% 35% 34% 32% 22% 28% 28% 31% 24% 25% 26% 24%
6 8 1 4 8 16 14 21 6 6 10 14 15
Interest 4 4 4 4 4 4 4 4 4 5 5 5 5
Depreciation 13 11 12 14 14 13 14 15 17 14 15 17 18
Profit before tax 106 110 114 125 127 97 126 141 140 106 117 129 128
Tax % 26% 26% 25% 26% 25% 26% 26% 25% 24% 25% 26% 26% 26%
78 82 86 92 95 72 94 106 107 80 87 96 95
EPS in Rs 14.97 15.70 16.38 18.08 18.83 14.21 18.51 20.80 21.81 16.28 17.66 19.54 19.36
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
571 713 818 1,106 1,162 1,144 1,140 1,120 1,197 1,551 1,888 2,095
344 405 551 687 739 817 884 878 837 1,027 1,366 1,577
Operating Profit 227 308 267 419 423 327 255 242 361 525 523 517
OPM % 40% 43% 33% 38% 36% 29% 22% 22% 30% 34% 28% 25%
-21 16 32 12 20 65 56 4 33 21 57 45
Interest 0 1 1 1 1 1 1 18 19 17 17 19
Depreciation 16 14 29 42 36 30 26 45 50 52 59 64
Profit before tax 191 309 270 389 405 361 284 183 324 477 504 480
Tax % 18% 20% 20% 24% 18% 23% 26% 33% 26% 26% 25% 26%
156 247 216 295 331 278 210 124 239 355 378 357
EPS in Rs 26.12 40.81 35.55 48.18 55.47 48.03 36.08 22.26 45.66 70.00 77.18 72.83
Dividend Payout % 48% 43% 49% 1% 1% 1% 2% 3% 1% 1% 1% 1%
Compounded Sales Growth
10 Years: 11%
5 Years: 13%
3 Years: 21%
TTM: 11%
Compounded Profit Growth
10 Years: 4%
5 Years: 11%
3 Years: 17%
TTM: -4%
Stock Price CAGR
10 Years: 15%
5 Years: 44%
3 Years: 19%
1 Year: 41%
Return on Equity
10 Years: 26%
5 Years: 24%
3 Years: 29%
Last Year: 27%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 30 30 30 41 40 39 39 37 34 33 48 48
Reserves 381 508 616 928 1,060 1,057 1,266 1,074 1,149 1,141 1,111 1,464
0 0 0 0 0 0 0 127 121 107 125 199
148 189 225 120 156 195 198 278 222 264 313 348
Total Liabilities 559 727 872 1,089 1,255 1,291 1,503 1,516 1,525 1,546 1,597 2,060
45 43 65 77 58 47 61 159 148 136 157 255
CWIP 0 1 1 0 1 0 0 0 0 2 20 1
Investments 162 212 247 462 485 403 520 674 713 683 676 799
352 471 558 550 711 841 923 683 664 724 743 1,005
Total Assets 559 727 872 1,089 1,255 1,291 1,503 1,516 1,525 1,546 1,597 2,060

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
127 185 199 381 328 294 161 291 248 351 355 367
-66 -76 -49 -232 -170 -11 -267 35 1 49 54 -356
-53 -84 -115 -114 -232 -256 1 -302 -173 -393 -419 -79
Net Cash Flow 8 26 35 35 -74 26 -106 24 76 7 -10 -68

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 36 42 51 49 53 54 60 56 59 56 62 59
Inventory Days
Days Payable
Cash Conversion Cycle 36 42 51 49 53 54 60 56 59 56 62 59
Working Capital Days 15 6 21 56 69 59 59 25 53 50 45 114
ROCE % 51% 65% 46% 51% 40% 31% 24% 20% 25% 38% 40% 33%

Shareholding Pattern

Numbers in percentages

27 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
53.81% 53.38% 53.38% 53.38% 53.38% 53.38% 53.61% 53.61% 53.61% 53.61% 53.61% 53.61%
16.05% 14.92% 13.83% 13.25% 12.03% 12.03% 12.64% 12.62% 12.13% 11.81% 12.19% 11.78%
17.55% 19.01% 19.34% 19.92% 20.31% 19.94% 20.19% 20.89% 21.64% 22.91% 22.75% 22.49%
0.00% 0.00% 0.00% 0.00% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
10.58% 10.60% 11.30% 11.34% 12.12% 12.48% 11.52% 11.14% 10.92% 10.04% 9.78% 10.68%
2.01% 2.09% 2.15% 2.11% 2.14% 2.17% 2.02% 1.72% 1.68% 1.63% 1.66% 1.43%
No. of Shareholders 77,36142,30250,89848,20252,43696,62853,24853,48449,71552,63949,1571,46,680

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls