eClerx Services quarterly results and financials

eClerx Services (ECLERX)₹1,528−4.75%(9 Nov 2026 close)Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)

Key facts

In the Sep 2026 quarter (consolidated), eClerx Services reported sales of ₹1,191 Cr, up 18.3% from Sep 2025, and net profit of ₹181 Cr, down 1.1% year on year. For the year to Mar 2026, sales were ₹4,124 Cr and net profit ₹705 Cr.

Sales (Sep 2026): ₹1,191 Cr
Net profit (Sep 2026): ₹181 Cr
Sales (FY Mar 2026): ₹4,124 Cr
Net profit (FY Mar 2026): ₹705 Cr
EPS (Sep 2026): ₹19.12
Borrowings (Mar 2026): ₹386 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

eClerx Services quarterly results

₹ crore unless stated; each column is a quarter.

eClerx Services Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	754	768	783	833	855	900	937	1,007	1,071	1,109	1,154	1,191
Expenses	548	573	618	618	648	683	712	740	797	827	890	908
Operating Profit	208	197	166	217	208	220	225	269	277	284	266	285
OPM %	28.1%	26.0%	21.1%	26.0%	24.1%	24.0%	24.1%	27.1%	26.0%	26.0%	23.0%	24.1%
Other Income	18.98	22.96	20.95	12.98	20.97	31.95	10.99	29.95	29.95	29.93	17.96	23.97
Interest	6.02	6.02	8.02	8.03	8.02	11.02	10.02	11.02	10.02	12.04	15.05	15.04
Depreciation	33.85	33.87	31.87	32.86	35.88	40.83	36.84	41.82	45.81	49.80	49.82	55.79
Profit before tax	187	179	148	187	184	199	188	245	250	252	219	237
Tax %	26.0%	28.1%	24.0%	26.1%	25.0%	23.0%	25.1%	25.1%	23.1%	25.1%	25.1%	24.0%
Exceptional items	−1.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	139	130	112	140	137	153	142	183	191	190	163	181
EPS (Rs)	14.07	13.25	11.33	14.66	14.32	15.90	14.81	19.15	20.32	20.07	17.40	19.12

eClerx Services profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

eClerx Services Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,317	1,332	1,367	1,433	1,441	1,567	2,163	2,650	2,931	3,373	4,124	4,525
Expenses	836	873	1,001	1,127	1,116	1,119	1,505	1,932	2,157	2,569	3,075	3,421
Operating Profit	483	462	369	310	327	452	665	726	779	811	1,056	1,112
OPM %	37.1%	35.0%	27.0%	22.0%	23.0%	29.1%	31.1%	27.0%	27.0%	24.0%	26.0%	24.6%
Other Income	35.91	27.95	60.92	48.95	44.90	33.92	23.97	65.86	63.89	86.85	101	102
Interest	1.01	2.01	1.01	1.01	20.04	21.07	23.06	22.04	24.07	36.08	44.14	52.15
Depreciation	56.75	51.76	47.83	44.86	70.69	81.65	103	114	126	140	174	201
Profit before tax	459	435	379	310	280	380	559	652	687	717	934	957
Tax %	26.1%	19.1%	24.1%	27.1%	26.1%	26.1%	25.0%	25.1%	26.1%	25.0%	24.1%	—
Exceptional items	0.00	0.00	16.05	1.01	0.00	16.04	4.01	8.02	8.02	38.09	16.05	0.00
Net Profit	341	353	289	227	208	282	417	488	511	539	705	725
EPS (Rs)	27.81	29.55	24.91	19.60	18.74	26.87	40.92	49.67	51.92	56.54	74.85	76.91
Dividend payout %	1.0%	1.0%	1.0%	2.0%	2.0%	1.0%	1.0%	1.0%	1.0%	1.0%	1.0%	—

eClerx Services balance sheet

₹ crore, at each year end.

eClerx Services Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	29.97	40.95	40.01	37.98	38.00	35.98	33.96	32.97	47.95	48.02	46.95	91.91
Reserves	683	1,050	1,173	1,164	1,341	1,267	1,463	1,530	1,663	2,193	2,254	2,464
Borrowings	0.00	4.01	1.01	6.01	2.01	157	175	163	195	267	359	386
Other Liabilities	243	193	183	209	202	261	316	326	365	408	475	743
Total Liabilities	956	1,287	1,396	1,417	1,581	1,721	1,988	2,053	2,271	2,916	3,134	3,685
Fixed Assets	167	364	324	342	348	479	726	712	771	841	972	1,052
CWIP	0.99	0.00	1.99	0.00	0.00	0.99	0.00	1.99	20.91	0.99	0.00	4.99
Investments	155	219	252	165	286	437	229	196	275	406	309	308
Other Assets	633	703	818	909	948	805	1,032	1,144	1,205	1,668	1,853	2,320
Inventories	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.01	0.00	1.01	0.00	1.01
Trade receivables	125	185	213	232	242	237	292	328	439	494	788	1,010
Cash & equivalents	286	327	355	439	451	333	489	492	427	690	737	736
Total Assets	956	1,287	1,396	1,417	1,581	1,721	1,988	2,053	2,271	2,916	3,134	3,685

eClerx Services cash flow

₹ crore, for each year.

eClerx Services Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	244	419	313	306	207	334	366	445	495	527	657	875
Cash from investing activity	−62.13	−167	−175	26.08	−231	24.05	−2.01	44.10	−55.13	−484	143	−97.23
Cash from financing activity	−115	−165	−245	−304	−53.95	−308	−188	−416	−440	−107	−610	−621
Net cash flow	66.20	86.34	−108	28.12	−77.30	49.21	175	71.29	−2.01	−64.28	189	156
Capex	60.74	52.77	29.86	41.81	51.77	33.85	38.88	60.74	90.72	66.75	120	119
Free cash flow	182	365	283	263	154	299	325	383	402	461	538	754
CFO / OP %	98.0%	87.0%	68.0%	83.0%	67.0%	102.0%	81.0%	92.0%	93.0%	90.0%	101.0%	104.0%

eClerx Services ratios

Working-capital days and returns, by year.

eClerx Services Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	49	52	59	62	62	60	68	56	61	62	86	90
Cash conversion cycle	49	52	59	62	62	60	68	56	61	62	86	90
Working capital days	22	52	74	72	70	44	46	47	46	61	59	59
ROCE %	46.0%	51.0%	38.0%	30.0%	24.0%	21.0%	24.0%	34.0%	36.0%	32.0%	28.0%	34.0%

eClerx Services: frequently asked questions

What are the latest quarterly results of eClerx Services?

For the Sep 2026 quarter, eClerx Services reported sales of ₹1,191 Cr, up 18.3% year on year and net profit of ₹181 Cr, down 1.1% year on year. The operating margin was 24.1%.

What is the annual revenue of eClerx Services?

eClerx Services' sales for the year to Mar 2026 were ₹4,124 Cr; over the last twelve months they were ₹4,525 Cr.

What is the net profit of eClerx Services?

Net profit for the year to Mar 2026 was ₹705 Cr, and ₹725 Cr over the last twelve months. Earnings per share over the same trailing period were ₹76.91.

How much debt does eClerx Services have?

eClerx Services reported borrowings of ₹386 Cr at Mar 2026, against cash and equivalents of ₹736 Cr.

What is the free cash flow of eClerx Services?

Cash from operations was ₹875 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹754 Cr.

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