eClerx Services logo

eClerx Services share price

NSE: ECLERXBSE: 532927Commercial Services & SuppliesSmall Cap

Last close ₹1,891.70down ₹38.60 (2.00%)BSE ₹1,892.20

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,930.30.

52-week range of traded prices to 23 Oct 2026
₹1,320.00Low, 30 Jun 2026₹2,497.50High, 3 Feb 2026
Market cap
₹17,792 Cr402nd largest listed
P/E
24.4
P/B
6.9
Dividend yield
0.05%
ROE
30.0%
ROCE
35.4%
Debt to equity
0.00
Volume, NSE
2,37,94263.0% delivered

Share price

Daily closes since Dec 2007, adjusted for splits and bonuses

−12.9%over a year · Nifty 500 −9.8%

ResultsDividendBuybackSplit, bonus, rights or demerger20-session average 1,79,220 shares a day, 49.1% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 5 Aug

Revenue
₹1,152 Crup 4.07%
Net profit
₹164 Crdown 13.40%
Net margin
14.3%

Revenue by year

Peak revenue ₹4,117 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 5 NovDec 2024Filed 29 JanMar 2025Filed 12 JunJun 2025Filed 24 JulSep 2025Filed 24 OctDec 2025Filed 28 JanMar 2026Filed 13 MayJun 2026Filed 5 Aug
Revenue8328548989351,0051,0701,1071,152
Net profit139137153142183192190164
Net margin16.8%16.1%17.0%15.1%18.3%17.9%17.1%14.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Information Technology, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 80% of 2,480 trading days over the last 10 years.

LowestHighest
Its median17.3Industry median12.3
Price to book

At or below today's level on 85% of 1,942 trading days since Nov 2018.

LowestHighest
Its median4.8Industry median1.2
EV to EBITDA15.6

At or below today's level on 77% of 1,942 trading days since Nov 2018.

LowestHighest
Its median11.8Industry median10.5
Dividend yield

At or below today's level on 53% of 2,415 trading days over the last 10 years.

LowestHighest
Its median0.05%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year0.0%+33.5%−25.2%0.1%
3 years+29.1%+14.7%+12.5%0.1%
5 years+30.5%+22.9%+6.1%0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters54.52%
  • Foreign institutions9.68%
  • Indian institutions24.55%
  • Governments0.02%
  • Individuals and others8.81%
  • Employee trusts2.41%
Holder
PRIYADARSHAN MUNDHRAPromoter27.21%
ANJAN MALIKPromoter27.20%
BARCLAYS WEALTH TRUSTEES INDIA PVT LTDEmployee benefit trusts2.41%
VIJAY KUMAR MUNDHRAPromoter0.07%
SUPRIYA MODIPromoter0.05%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

95 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 47 of the 62 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Bought for the first time
2
Added
26
Cut
36
Held unchanged
31
Sold out
2
Fund
HDFC Mutual Fund logoHDFC Small Cap FundHDFC Mutual Fund65,47,6832.92%₹1,191.6 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund34,50,5880.78%₹628.0 Cr
DSP Mutual Fund logoDSP Small Cap FundDSP Mutual Fund23,78,5902.02%₹432.9 Cr
Bandhan Mutual Fund logoBandhan Small Cap FundBandhan Mutual Fund19,50,4280.99%₹355.0 Cr
HDFC Mutual Fund logoHDFC Childrens FundHDFC Mutual Fund14,47,6882.55%₹263.5 Cr
HSBC Mutual Fund logoHSBC Small Cap FundHSBC Mutual Fund9,31,8490.92%₹169.6 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Small Cap FundMotilal Oswal Mutual Fund7,71,6751.69%₹140.4 Cr
Mirae Asset Mutual Fund logoMirae Asset Small Cap FundMirae Asset Mutual Fund4,61,6151.44%₹84.0 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Technology FundICICI Prudential Mutual Fund4,59,9030.67%₹83.7 Cr
Tata Mutual Fund logoTata Digital India FundTata Mutual Fund3,91,6550.77%₹71.3 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO), 17 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to eClerx Services in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Firstsource Solutions logoFirstsource SolutionsFSL20,24130.24.613.2+19.7%+6.8%15.8%19.1%1.89%
Fusion CXFUSIONCX4,048–––––––0.00%
RPSG Ventures logoRPSG VenturesRPSGVENT2,651–1.15.0+18.5%–−5.0%10.8%0.00%
One Point One Solutions logoOne Point One SolutionsONEPOINT1,81940.34.120.5+52.4%+28.9%10.6%9.8%0.00%
Hinduja Global Solutions logoHinduja Global SolutionsHGS1,572–0.260.9−1.5%–−0.5%−4.8%1.48%
Alldigi Tech logoAlldigi TechALLDIGI1,17713.84.76.5+7.9%+29.0%33.5%42.1%7.77%
NSB BPO Solutions logoNSB BPO SolutionsNSBBPO584.50.3–––6.0%–0.00%
Kandarp Digi Smart BPO logoKandarp Digi Smart BPOKANDARP5730.51.9–+63.3%+16.2%7.4%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹1.00 a share, year to Mar 2026.
Ex-dateTypePer share
21 Aug 2026Final₹1.00
22 Aug 2025Final₹1.00
6 Sep 2024Final₹1.00
31 Aug 2023Final₹1.00
19 Aug 2022Final₹1.00
15 Sep 2021Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

eClerx Services share price by year

Each calendar year to 2025.eClerx Services share price history

YearClose at year endChangeHighest closeLowest close
20252,347.65+34.8%2,455.701,201.10
20241,741.70+34.4%1,917.431,064.58
20231,295.80+102.6%1,338.45634.28
2022639.68−26.5%970.75626.08
2021870.68+195.7%870.68294.45
2020294.43+55.5%302.95117.85
2019189.33−47.1%384.50130.27
2018358.12−31.6%529.92337.93
2017523.87+12.3%523.87389.32
2016466.67−1.5%557.02399.85
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,931.201,979.201,856.001,891.701,884.842,37,94263.0%
22 Oct 20261,928.001,943.701,881.301,930.301,917.842,08,72145.7%
21 Oct 20261,906.801,965.001,890.001,928.701,916.322,12,26050.3%
19 Oct 20261,951.201,958.501,910.001,920.001,927.211,02,67741.1%
16 Oct 20262,000.002,011.701,950.001,957.001,980.231,76,43438.1%
15 Oct 20261,970.502,007.901,917.701,998.201,964.062,28,04044.5%
14 Oct 20261,960.002,022.601,933.001,967.601,965.843,38,65132.9%
13 Oct 20261,863.401,974.001,848.101,964.501,904.605,05,63657.9%
12 Oct 20261,866.801,914.601,854.601,863.401,871.1952,44940.9%
9 Oct 20261,846.401,883.901,838.101,866.801,860.1256,33745.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
13 Mar 2026Bonus0.5000Holders received 1 bonus share for every 1 held.
21 Sep 2022Bonus0.6667Holders received 1 bonus share for every 2 held.
17 Dec 2015Bonus0.7500Holders received 1 bonus share for every 3 held.
23 Jul 2010Bonus0.6667Holders received 1 bonus share for every 2 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About eClerx Services

eClerx Services Limited provides analytics, digital operations, automation and business process management services. It applies artificial intelligence in this work. Its clients are large enterprises, including Fortune 500 companies in financial services, telecom, media and entertainment, luxury, retail and fashion, and manufacturing. They are served across the Americas, APAC and EMEA.

The company organises its services by industry, in six groups: banking, financial services and insurance; telecom, media and entertainment; fashion and luxury; high-tech; manufacturing and distribution; and retail and consumer goods. It also runs proprietary platforms, among them QA360 for quality assurance and Roboworx for robotic process automation. For fashion and luxury brands, it works through CLX Europe, a subsidiary that handles eCommerce campaigns, virtual try-ons and digital asset management.

eClerx operates in 17 countries and has over 22,500 employees. It has offices in Australia, Canada, France, Egypt, Germany, India, Italy, the Netherlands, the Middle East, the Philippines, Peru, Singapore, Switzerland, Thailand, the UK and the USA. Its registered office is in Fort, Mumbai, and its shares are listed on the NSE and the BSE.

It was incorporated in 2000. In the year to March 2026, two of its step-down subsidiaries, ASEC Group LLC and Eclipse Global Holdings Inc, were merged into another step-down subsidiary, Personiv Eclipse Inc. The company states its values as EPIC: Excellence, People, Integrity and Client-Centric, which it calls its guiding principles.

Legal name
eClerx Services Limited
NSE symbol
ECLERX
BSE code
532927
ISIN
INE738I01010
Industry
Commercial Services & Supplies
Listed
Dec 2007
Face value
₹10
CIN
L72200MH2000PLC125319
Corporate identity number, the registrar of companies' code for it