- Valuation
- ₹18,060 Cr

About Eclerx Services Limited
Data last updated:
Eclerx Services Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the business process outsourcing sector. It was incorporated on 24 March 2000 and has been in existence for over 26 years.
Eclerx Services is part of the Nifty 500 and BSE 500 indices. Its director Priyadarshan Mundhra is #633 among India's richest people (2026). Its director Anjan Malik is #633 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L72200MH2000PLC125319. Its GSTIN is 27AAACE7932L1ZC (Maharashtra). The company holds 8 GST registrations, of which 4 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532927 and NSE: ECLERX.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹94.05 Cr. It was formerly known as Eclerx Services Private Limited. It is led by directors including Kapil Jain (Managing Director) and Priyadarshan Mundhra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 08 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sonawalla Building1St Floor 29 Bank S Fort, Mumbai, Maharashtra, India – 400023.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹4,117.03 Cr, a growth of 22.3% compared to the previous year. For the same year it recorded a net profit of ₹690.21 Cr (net margin 16.8%) and EBITDA of ₹1,053.32 Cr (EBITDA margin 25.6%). The net worth stands at ₹2,561.4 Cr (up 11.1% YoY). Total assets are valued at ₹3,044.39 Cr (up 10.8% YoY).
The company has about 5,518 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 3 brands: eClerx Markets, Fleet Star and eClerx. As per MCA filings, the company has open charges of ₹12.38 Cr and satisfied charges of ₹6.75 Cr on record. Court records list 13 cases involving the company, including 1 filed by the company and 12 filed against it; 4 cases are pending. The company has 41 deals on record (30 market trades, 5 secondary share transfers, 3 buybacks), with disclosed funding of ₹2.84 Cr; the latest was in January 2026. The company has 9 MSME Form 1 returns on record between 2019 and 2024, listing 54 overdue payments to 12 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eclerx.com.
Company details
CIN history
Eclerx Services has one previous CIN (Corporate Identification Number): U72200MH2000PLC125319. The current CIN is L72200MH2000PLC125319, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72200MH2000PLC125319 | Current |
| U72200MH2000PLC125319 | Previous |
Recognitions & Rankings of Eclerx Services
- #633 Priyadarshan Mundhra ₹5,100 Cr
- #633 Anjan Malik ₹5,100 Cr
Contact details
Eclerx Services Limited's registered office is in Mumbai, Maharashtra. Its website is eclerx.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSonawalla Building1St Floor 29 Bank S Fort, Mumbai, Maharashtra, India – 400023
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Eclerx Services Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Eclerx Services operates multiple associated brands including eClerx Markets, Fleet Star, and eClerx. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Data analytics, compliance, and digital services for global businesses. | eclerxmarkets.com | |
| Offers employee transportation management solutions for businesses. | fleet-star.com | |
| Provider of business processes, change management, analytics, and data-driven insights services | eclerx.com |
Business activity
The main business activity of Eclerx Services is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Eclerx Services Limited, buy the company report.
Financials of Eclerx Services Limited
FY 2025-26 filings availableEclerx Services Limited reported revenue of ₹4,117.03 Cr (up 22.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,117 | 3,366 | 2,926 | 2,648 | 2,160 | 1,564 | 1,438 |
| Revenue growth | +22.3% | +15.1% | +10.5% | +22.6% | +38.1% | +8.8% | - |
| EBITDA | 1,053 | 809 | 774 | 723 | 662 | 449 | 325 |
| EBITDA margin | +25.6% | +24.0% | +26.5% | +27.3% | +30.6% | +28.7% | +22.6% |
| Profit before tax | 935 | 719 | 689 | 653 | 560 | 381 | 281 |
| Net profit | 690 | 503 | 503 | 481 | 413 | 266 | 209 |
| Net profit margin | +16.8% | +15.0% | +17.2% | +18.2% | +19.1% | +17.0% | +14.5% |
| EPS (₹) | 76.74 | 115.22 | 106.04 | 101.77 | 126.11 | 83.09 | 57.89 |
| Balance sheet | |||||||
| Total assets | 3,044 | 2,748 | 2,583 | 1,966 | 1,790 | 1,736 | 1,517 |
| Net worth | 2,561 | 2,306 | 2,248 | 1,715 | 1,568 | 1,501 | 1,306 |
| Total debt | 385 | 358 | 266 | 194 | 163 | 175 | 157 |
| Cash & bank | 738 | 739 | 692 | 428 | 494 | 491 | 334 |
| Net working capital | 1,460 | 1,331 | 1,221 | 802 | 811 | 720 | 533 |
| Cash flow | |||||||
| Cash from operations | 873 | 655 | 526 | 493 | 444 | 365 | 333 |
| Cash from investing | (96.83) | 143 | (483) | (54.80) | 43.66 | (1.80) | 24.38 |
| Cash from financing | (622) | (610) | (107) | (440) | (416) | (188) | (308) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,189 | 1,152 | 1,107 | 1,070 | 1,005 | 935 | 898 | 854 |
| Revenue growth (YoY) | +18.3% | +23.3% | +23.3% | +25.4% | +20.8% | +19.5% | - | - |
| Other income | 23.99 | 17.86 | 29.94 | 30.07 | 30.37 | 10.55 | 31.92 | 20.58 |
| EBITDA | 284 | 265 | 283 | 276 | 268 | 224 | 219 | 207 |
| EBITDA margin | +23.9% | +23.0% | +25.6% | +25.8% | +26.7% | +24.0% | +24.3% | +24.3% |
| Depreciation | 55.82 | 49.61 | 49.66 | 46.31 | 42.50 | 36.90 | 40.96 | 35.78 |
| Interest | 15.18 | 14.88 | 11.74 | 9.91 | 10.80 | 9.69 | 10.78 | 8.28 |
| Profit before tax | 237 | 219 | 252 | 250 | 245 | 188 | 199 | 184 |
| Tax | 56.28 | 54.37 | 62.30 | 58.30 | 61.54 | 46.50 | 46.24 | 46.80 |
| Net profit | 181 | 164 | 190 | 192 | 183 | 142 | 153 | 137 |
| EPS (₹) | 19.27 | 17.61 | 20.04 | 39.79 | 19.05 | 29.64 | 31.81 | 28.56 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,858 | 2,432 | 2,095 | 1,888 | 1,551 | 1,197 | 1,120 |
| Revenue growth | +17.6% | +16.1% | +11.0% | +21.7% | +29.6% | +6.9% | - |
| EBITDA | 649 | 525 | 518 | 523 | 525 | 360 | 192 |
| EBITDA margin | +22.7% | +21.6% | +24.7% | +27.7% | +33.8% | +30.1% | +17.2% |
| Profit before tax | 612 | 476 | 480 | 504 | 477 | 324 | 183 |
| Net profit | 442 | 325 | 349 | 370 | 351 | 223 | 157 |
| Net profit margin | +15.5% | +13.4% | +16.6% | +19.6% | +22.6% | +18.6% | +14.0% |
| EPS (₹) | 49.77 | 76.55 | 74.03 | 78.78 | 107.23 | 70.22 | 33.41 |
| Balance sheet | |||||||
| Total assets | 1,538 | 1,679 | 1,759 | 1,317 | 1,317 | 1,342 | 1,279 |
| Net worth | 1,212 | 1,358 | 1,512 | 1,159 | 1,175 | 1,183 | 1,111 |
| Total debt | 254 | 262 | 199 | 125 | 107 | 121 | 127 |
| Cash & bank | 88.92 | 208 | 307 | 144 | 217 | 249 | 221 |
| Net working capital | 474 | 546 | 617 | 379 | 430 | 424 | 297 |
| Cash flow | |||||||
| Cash from operations | 471 | 434 | 367 | 355 | 355 | 248 | 291 |
| Cash from investing | 35.83 | 216 | (354) | 54.35 | 44.38 | 0.58 | 35.10 |
| Cash from financing | (583) | (587) | (79.38) | (419) | (393) | (173) | (302) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 812 | 782 | 766 | 736 | 691 | 665 | 642 | 609 |
| Revenue growth (YoY) | +17.4% | +17.6% | +19.4% | +20.9% | +12.9% | +17.0% | - | - |
| Other income | 15.79 | 10.03 | 27.79 | 26.09 | 26.13 | 9.68 | 27.35 | 13.10 |
| Total expenses | 610 | 578 | 587 | 562 | 538 | 522 | 496 | 481 |
| EBITDA | 202 | 204 | 178 | 174 | 153 | 143 | 146 | 127 |
| EBITDA margin | +24.9% | +26.0% | +23.3% | +23.7% | +22.1% | +21.5% | +22.7% | +20.9% |
| Depreciation | 28.71 | 25.36 | 26.39 | 25.28 | 23.68 | 20.26 | 24.16 | 21.31 |
| Interest | 10.47 | 10.99 | 8.34 | 6.73 | 8.23 | 7.68 | 9.16 | 7.35 |
| Profit before tax | 179 | 177 | 172 | 168 | 147 | 125 | 140 | 112 |
| Tax | 43.37 | 44.57 | 42.55 | 42.41 | 37.06 | 31.97 | 31.60 | 28.54 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,189 | 1,152 | 1,107 | 1,070 | 1,005 | 935 | 898 | 854 |
| Revenue growth (YoY) | +18.3% | +23.3% | +23.3% | +25.4% | +20.8% | +19.5% | - | - |
| Other income | 23.99 | 17.86 | 29.94 | 30.07 | 30.37 | 10.55 | 31.92 | 20.58 |
| EBITDA | 284 | 265 | 283 | 276 | 268 | 224 | 219 | 207 |
| EBITDA margin | +23.9% | +23.0% | +25.6% | +25.8% | +26.7% | +24.0% | +24.3% | +24.3% |
| Depreciation | 55.82 | 49.61 | 49.66 | 46.31 | 42.50 | 36.90 | 40.96 | 35.78 |
| Interest | 15.18 | 14.88 | 11.74 | 9.91 | 10.80 | 9.69 | 10.78 | 8.28 |
| Profit before tax | 237 | 219 | 252 | 250 | 245 | 188 | 199 | 184 |
| Tax | 56.28 | 54.37 | 62.30 | 58.30 | 61.54 | 46.50 | 46.24 | 46.80 |
| Net profit | 181 | 164 | 190 | 192 | 183 | 142 | 153 | 137 |
| EPS (₹) | 19.27 | 17.61 | 20.04 | 39.79 | 19.05 | 29.64 | 31.81 | 28.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,117 | 3,366 | 2,926 | 2,648 | 2,160 | 1,564 | 1,438 |
| Revenue growth | +22.3% | +15.1% | +10.5% | +22.6% | +38.1% | +8.8% | - |
| Other income | 101 | 86.53 | 65.64 | 65.95 | 24.62 | 34.45 | 46.71 |
| Total expenses | 3,064 | 2,557 | 2,152 | 1,925 | 1,499 | 1,115 | 1,113 |
| Employee cost | 2,525 | 2,066 | 1,738 | 1,510 | 1,196 | 885 | 854 |
| EBITDA | 1,053 | 809 | 774 | 723 | 662 | 449 | 325 |
| EBITDA margin | +25.6% | +24.0% | +26.5% | +27.3% | +30.6% | +28.7% | +22.6% |
| Depreciation | 175 | 141 | 126 | 114 | 103 | 81.59 | 70.90 |
| Interest | 44.02 | 36.12 | 24.45 | 22.19 | 22.76 | 21.42 | 20.16 |
| Profit before tax | 935 | 719 | 689 | 653 | 560 | 381 | 281 |
| Tax | 229 | 177 | 178 | 164 | 143 | 97.80 | 71.55 |
| Net profit | 690 | 503 | 503 | 481 | 413 | 266 | 209 |
| Net profit margin | +16.8% | +15.0% | +17.2% | +18.2% | +19.1% | +17.0% | +14.5% |
| EPS (₹) | 76.74 | 115.22 | 106.04 | 101.77 | 126.11 | 83.09 | 57.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 92.03 | 46.96 | 48.23 | 48.03 | 33.10 | 34.01 | 36.10 |
| Reserves & surplus | 2,822 | 2,418 | 2,199 | 1,667 | 1,534 | 1,574 | 1,377 |
| Shareholders' funds (net worth) | 2,561 | 2,306 | 2,248 | 1,715 | 1,568 | 1,501 | 1,306 |
| Minority interest | 2.84 | 2.20 | 1.97 | 1.68 | 1.22 | 0.90 | 0.61 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 385 | 358 | 266 | 194 | 163 | 175 | 157 |
| Total debt | 385 | 358 | 266 | 194 | 163 | 175 | 157 |
| Total liabilities | 3,044 | 2,748 | 2,583 | 1,966 | 1,790 | 1,736 | 1,517 |
| Assets | |||||||
| Gross block | 1,815 | 1,582 | 1,489 | 1,293 | 1,118 | 1,035 | 714 |
| Net block | 1,054 | 974 | 843 | 773 | 713 | 728 | 480 |
| Capital work in progress | 4.92 | 0.19 | 0.77 | 20.82 | 2.17 | 0.48 | 0.80 |
| Investments | 308 | 309 | 406 | 275 | 196 | 229 | 437 |
| Inventories | 0.62 | 0.23 | 0.65 | 0.45 | 0.52 | 0.32 | 0.30 |
| Sundry debtors | 1,014 | 790 | 496 | 440 | 329 | 293 | 238 |
| Cash & bank balances | 738 | 739 | 692 | 428 | 494 | 491 | 334 |
| Loans & advances | 353 | 192 | 369 | 240 | 253 | 191 | 166 |
| Total current assets | 2,106 | 1,721 | 1,557 | 1,109 | 1,076 | 975 | 738 |
| Total current liabilities | 646 | 391 | 336 | 308 | 265 | 255 | 206 |
| Net working capital | 1,460 | 1,331 | 1,221 | 802 | 811 | 720 | 533 |
| Total assets | 3,044 | 2,748 | 2,583 | 1,966 | 1,790 | 1,736 | 1,517 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 542 | 354 | 418 | 420 | 349 | 175 | 126 |
| Net cash from operating activities | 873 | 655 | 526 | 493 | 444 | 365 | 333 |
| Net cash from investing activities | (96.83) | 143 | (483) | (54.80) | 43.66 | (1.80) | 24.38 |
| Net cash from financing activities | (622) | (610) | (107) | (440) | (416) | (188) | (308) |
| Net change in cash | 155 | 188 | (64.05) | (2.30) | 71.28 | 174 | 48.94 |
| Closing cash | 738 | 739 | 692 | 428 | 494 | 491 | 334 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +22.3% | +15.1% | +10.5% | +22.6% | +38.1% | +8.8% | - |
| EBITDA growth | +30.2% | +4.6% | +7.0% | +9.3% | +47.3% | +38.3% | - |
| PBT growth | +30.1% | +4.2% | +5.6% | +16.5% | +47.3% | +35.7% | -9.9% |
| Net income growth | +37.2% | -0.1% | +4.7% | +16.3% | +55.1% | +27.5% | - |
| Revenue CAGR (3Y) | +15.9% | +15.9% | +23.2% | +22.6% | +14.7% | +4.7% | +2.6% |
| EBITDA CAGR (3Y) | +13.4% | +6.9% | +19.9% | +30.6% | +28.9% | +6.9% | -11.0% |
| Profitability & leverage | |||||||
| Net income margin | +17.2% | +16.1% | +17.5% | +18.5% | +19.3% | +18.1% | +14.5% |
| Return on capital employed | +33.8% | +28.3% | +31.4% | +36.0% | +33.1% | +24.7% | +20.4% |
| Return on net worth | +29.0% | +23.8% | +25.8% | +29.8% | +27.2% | +20.2% | +15.6% |
| Debt / equity | 0.15 | 0.14 | 0.12 | 0.11 | 0.11 | 0.12 | 0.06 |
| Long-term debt / equity | 0.13 | 0.12 | 0.09 | 0.08 | 0.09 | 0.10 | 0.05 |
| Interest cover | 5.01 | 5.41 | 3.77 | 3.64 | 4.07 | 5.83 | 7.94 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.42 | 2.19 | 2.10 | 2.20 | 2.01 | 1.79 | 2.31 |
| Inventory turnover | 9,687.13 | 7,649.70 | 5,319.16 | 5,459.59 | 5,143.69 | 5,046.74 | 4,356.27 |
| Debtors turnover | 4.56 | 5.24 | 6.25 | 6.88 | 6.94 | 5.89 | 5.99 |
| EPS (₹) | 76.74 | 115.22 | 106.04 | 101.77 | 126.11 | 83.09 | 57.89 |
| Dividend per share (₹) | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Book value per share (₹) | 316.67 | 524.82 | 465.98 | 357.01 | 473.62 | 472.79 | 391.46 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 812 | 782 | 766 | 736 | 691 | 665 | 642 | 609 |
| Revenue growth (YoY) | +17.4% | +17.6% | +19.4% | +20.9% | +12.9% | +17.0% | - | - |
| Other income | 15.79 | 10.03 | 27.79 | 26.09 | 26.13 | 9.68 | 27.35 | 13.10 |
| Total expenses | 610 | 578 | 587 | 562 | 538 | 522 | 496 | 481 |
| EBITDA | 202 | 204 | 178 | 174 | 153 | 143 | 146 | 127 |
| EBITDA margin | +24.9% | +26.0% | +23.3% | +23.7% | +22.1% | +21.5% | +22.7% | +20.9% |
| Depreciation | 28.71 | 25.36 | 26.39 | 25.28 | 23.68 | 20.26 | 24.16 | 21.31 |
| Interest | 10.47 | 10.99 | 8.34 | 6.73 | 8.23 | 7.68 | 9.16 | 7.35 |
| Profit before tax | 179 | 177 | 172 | 168 | 147 | 125 | 140 | 112 |
| Tax | 43.37 | 44.57 | 42.55 | 42.41 | 37.06 | 31.97 | 31.60 | 28.54 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,858 | 2,432 | 2,095 | 1,888 | 1,551 | 1,197 | 1,120 |
| Revenue growth | +17.6% | +16.1% | +11.0% | +21.7% | +29.6% | +6.9% | - |
| Other income | 89.87 | 63.83 | 45.11 | 56.72 | 20.55 | 32.96 | 54.00 |
| Total expenses | 2,209 | 1,906 | 1,577 | 1,366 | 1,027 | 837 | 928 |
| Employee cost | 1,261 | 1,081 | 885 | 798 | 605 | 480 | 484 |
| EBITDA | 649 | 525 | 518 | 523 | 525 | 360 | 192 |
| EBITDA margin | +22.7% | +21.6% | +24.7% | +27.7% | +33.8% | +30.1% | +17.2% |
| Depreciation | 95.62 | 81.70 | 63.92 | 58.73 | 51.67 | 50.00 | 44.59 |
| Interest | 31.62 | 31.14 | 19.19 | 16.57 | 16.77 | 19.00 | 18.45 |
| Profit before tax | 612 | 476 | 480 | 504 | 477 | 324 | 183 |
| Tax | 154 | 117 | 123 | 126 | 122 | 85.59 | 59.74 |
| Net profit | 442 | 325 | 349 | 370 | 351 | 223 | 157 |
| Net profit margin | +15.5% | +13.4% | +16.6% | +19.6% | +22.6% | +18.6% | +14.0% |
| EPS (₹) | 49.77 | 76.55 | 74.03 | 78.78 | 107.23 | 70.22 | 33.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 92.03 | 46.96 | 48.23 | 48.03 | 33.10 | 34.01 | 36.98 |
| Reserves & surplus | 1,473 | 1,470 | 1,547 | 1,111 | 1,141 | 1,149 | 1,074 |
| Shareholders' funds (net worth) | 1,212 | 1,358 | 1,512 | 1,159 | 1,175 | 1,183 | 1,111 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 254 | 262 | 199 | 125 | 107 | 121 | 127 |
| Total debt | 254 | 262 | 199 | 125 | 107 | 121 | 127 |
| Total liabilities | 1,538 | 1,679 | 1,759 | 1,317 | 1,317 | 1,342 | 1,279 |
| Assets | |||||||
| Gross block | 810 | 747 | 590 | 430 | 355 | 320 | 291 |
| Net block | 342 | 353 | 263 | 157 | 136 | 148 | 159 |
| Capital work in progress | 0.11 | 0.03 | 0.58 | 20.26 | 2.17 | 0.00 | 0.27 |
| Investments | 569 | 667 | 799 | 676 | 683 | 713 | 674 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 760 | 587 | 512 | 323 | 236 | 194 | 171 |
| Cash & bank balances | 88.92 | 208 | 307 | 144 | 217 | 249 | 221 |
| Loans & advances | 180 | 116 | 86.14 | 191 | 205 | 163 | 142 |
| Total current assets | 1,029 | 911 | 906 | 658 | 659 | 607 | 534 |
| Total current liabilities | 556 | 364 | 288 | 280 | 228 | 183 | 237 |
| Net working capital | 474 | 546 | 617 | 379 | 430 | 424 | 297 |
| Total assets | 1,538 | 1,679 | 1,759 | 1,317 | 1,317 | 1,342 | 1,279 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 132 | 68.61 | 136 | 145 | 138 | 62.19 | 38.63 |
| Net cash from operating activities | 471 | 434 | 367 | 355 | 355 | 248 | 291 |
| Net cash from investing activities | 35.83 | 216 | (354) | 54.35 | 44.38 | 0.58 | 35.10 |
| Net cash from financing activities | (583) | (587) | (79.38) | (419) | (393) | (173) | (302) |
| Net change in cash | (76.56) | 63.02 | (66.98) | (9.61) | 6.96 | 76.05 | 23.55 |
| Closing cash | 88.92 | 208 | 307 | 144 | 217 | 249 | 221 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +17.6% | +16.1% | +11.0% | +21.7% | +29.6% | +6.9% | - |
| EBITDA growth | +23.6% | +1.5% | -0.9% | -0.4% | +45.6% | +87.4% | - |
| PBT growth | +28.5% | -0.7% | -4.8% | +5.7% | +47.0% | +77.0% | -35.5% |
| Net income growth | +36.2% | -6.9% | -5.9% | +5.6% | +57.4% | +42.3% | - |
| Revenue CAGR (3Y) | +14.8% | +16.2% | +20.5% | +19.0% | +10.8% | +1.5% | -1.2% |
| EBITDA CAGR (3Y) | +7.5% | +0.1% | +12.8% | +39.5% | +27.1% | +3.3% | -22.6% |
| Profitability & leverage | |||||||
| Net income margin | +16.0% | +14.8% | +17.0% | +20.0% | +22.9% | +19.9% | +11.0% |
| Return on capital employed | +40.0% | +29.5% | +32.5% | +39.5% | +37.1% | +26.2% | +19.1% |
| Return on net worth | +35.6% | +25.1% | +26.7% | +32.4% | +30.1% | +20.8% | +13.0% |
| Debt / equity | 0.20 | 0.16 | 0.12 | 0.10 | 0.10 | 0.11 | 0.05 |
| Long-term debt / equity | 0.18 | 0.14 | 0.10 | 0.08 | 0.08 | 0.09 | 0.05 |
| Interest cover | 5.71 | 7.02 | 4.23 | 3.57 | 3.55 | 6.12 | 12.49 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.67 | 3.64 | 4.11 | 4.81 | 4.60 | 3.92 | 4.81 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 4.25 | 4.43 | 5.02 | 6.75 | 7.21 | 6.55 | 6.26 |
| EPS (₹) | 49.77 | 76.55 | 74.03 | 78.78 | 107.23 | 70.22 | 33.41 |
| Dividend per share (₹) | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Book value per share (₹) | 170.07 | 322.93 | 330.81 | 241.25 | 354.86 | 347.77 | 300.49 |
To see the full year-wise statements and ratios of Eclerx Services Limited, buy the company report.
Board of directors of Eclerx Services Limited
Eclerx Services has 9 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinjay Sengupta | Director | 28 Jan 2021 | 5 Years 9 Months | Current |
| Navalbir Kumar | Director | 09 Aug 2022 | 4 Years 3 Months | Current |
| Naresh Chand Gupta | Director | 09 Aug 2022 | 4 Years 3 Months | Current |
| Anjan Malik | Director | 10 May 2000 | 26 Years 6 Months | Current |
| Priyadarshan Mundhra Also directs: Toplake Commercial LLP, Toplake Global Ifsc LLP, Dia Exports Private Limited and 5 more | Whole-Time Director | 24 Mar 2000 | 26 Years 7 Months | Current |
| Shailesh Sharad Kekre Also directs: Budhyati Ventures LLP, Protean Egov Technologies Limited, R Systems International Limited and 2 more | Director | 15 Mar 2017 | 9 Years 7 Months | Current |
Auditor
Eclerx Services Limited is audited by For Price Waterhouse Chartered Accountants LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| For Price Waterhouse Chartered Accountants LLP | FY 2025 | 012754N/N500016 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 54.50%, foreign institutional investors hold 11.00%, domestic institutional investors hold 23.90% and retail and other public shareholders hold 10.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 54.50% | 54.50% | 53.80% | 53.80% |
| Public | 45.50% | 45.50% | 46.20% | 46.20% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2007 | 10062168 | Citibank N. A. | ₹12.38 Cr | Open | |
| 15 Dec 2006 | 10035095 | Kotak Mahindra Bank Ltd | ₹6.75 Cr | Satisfied |
To see the full charge records of Eclerx Services Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Eclerx Services Limited has 41 deals on record (30 market trades, 5 secondary share transfers, 3 buybacks), with disclosed funding of ₹2.84 Cr; the latest was in January 2026.
Deals on record (5 of 41)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Market trade | ₹86.19 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2008 | Market trade | ₹18.28 Cr | Buyer: Opg Securities Private Limited , Matrix Equitrade Private Limited Seller: Opg Securities Private Limited , Matrix Equitrade Private Limited |
| Jan 2008 | Market trade | ₹48.79 Cr | Buyer: Opg Securities Private Limited , Matrix Equitrade Private Limited Seller: Opg Securities Private Limited , Matrix Equitrade Private Limited |
| Jan 2008 | Market trade | ₹11.43 Cr | Buyer: CSL Finance Limited , R.M. Share Trading Pvt Ltd Seller: CSL Finance Limited , R.M. Share Trading Pvt Ltd |
| Dec 2007 | Market trade | ₹151.3 Cr | Buyer: Opg Securities Private Limited , Matrix Equitrade Private Limited , H J Securities Private Limited Seller: Opg Securities Private Limited , Matrix Equitrade Private Limited , H J Securities Private Limited |
To see the full deal history of Eclerx Services Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Eclerx Services Limited has 13 court cases on record: 1 filed by Eclerx Services, 12 filed against it. 4 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 9 | 3 |
| Supreme Court | 2 | 2 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Reg Dkst) | Filed against the company by Indiabulls Consumer Finance Ltd. THR. Rafik Inus Mulani | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 2 | Pending |
| High Court | Tax appeal | Filed against the company by Principal Commissioner of Income Tax 2 | Pending |
| Supreme Court | Court case (1703-Contempt Of Court Matters : Other civil contempt matters) | Filed against the company by an individual | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Incomet Tax 2 | Pending |
To see the full case history of Eclerx Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Eclerx Services Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 54 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pegasus Infocorp Private Limited | |||
| an individual supplier | |||
| Alexis Hospitality LLP | |||
| Primark Travel House Private Limited | |||
| 1 to 1 Help.Net Pvt Ltd |
To see the full MSME payment records of Eclerx Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Eclerx Services has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Personiv Contact Centers India Private Limited | U72300DL2006PTC153130 | |
| Ag Resources (India) Private Limited | U72900MH2009PTC191216 |
To see the full group structure of Eclerx Services Limited, buy the company report.
Employees & EPFO
Eclerx Services Limited has a workforce of 5,518 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Eclerx Services has 8 GST registrations: 4 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE7932L1ZC | Maharashtra | Active | 01 Jul 2017 |
| 27AAACE7932L2ZB | Maharashtra | Active | 01 Jul 2017 |
| 04AAACE7932L1ZK | Chandigarh | Active | 01 Jul 2017 |
| 03AAACE7932L2ZL | Punjab | Active | 29 Sep 2023 |
To see the full GST registrations and return filing status of Eclerx Services Limited, buy the company report.
Recent activity
Eclerx Services Limited has 37 board changes on record since 2000: 24 appointments and 13 cessations. The latest: Amit Piyush Majmudar was appointed as Director on 01 Apr 2024.
31 earlier events are in the company report.
News
Frequently asked questions
Eclerx Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 24 March 2000 (26+ years old) and is registered under CIN L72200MH2000PLC125319. Listed on BSE: 532927 and NSE: ECLERX.
Eclerx Services reported revenue of ₹4,117.03 Cr for FY 2025-26 (up 22.3% YoY) based on consolidated financials.
Eclerx Services has 9 current directors:
- Kapil Jain - Managing Director
- Priyadarshan Mundhra - Whole-Time Director
- Srinjay Sengupta - Director
- Navalbir Kumar - Director
- Naresh Chand Gupta - Director
- Anjan Malik - Director
- Shailesh Sharad Kekre - Director
- Amit Piyush Majmudar - Director
- Bala C Deshpande - Director
The latest financial statements of Eclerx Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 08 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Eclerx Services is 27AAACE7932L1ZC, registered in Maharashtra. The company has 8 GST registrations in all, of which 4 are active and 4 are cancelled or inactive. Other active GSTINs include 27AAACE7932L2ZB (Maharashtra), 04AAACE7932L1ZK (Chandigarh), 03AAACE7932L2ZL (Punjab).
The CIN (Corporate Identification Number) of Eclerx Services is L72200MH2000PLC125319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Eclerx Services is a listed company as per MCA records. Its shares are listed on both BSE (code: 532927) and NSE (symbol: ECLERX).
Eclerx Services has 13 court cases on record: 1 filed by the company and 12 filed against it. 4 are pending. Most are in the high courts.
Eclerx Services was incorporated on 24 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Eclerx Services has 41 deals on record (30 market trades, 5 secondary share transfers, 3 buybacks), with disclosed funding of ₹2.84 Cr; the latest was in January 2026.
Amit Piyush Majmudar was appointed as Director on 01 Apr 2024. Anish Ghoshal ceased to be Director on 01 Apr 2024. Biren Chandrakant Gabhawala ceased to be Director on 01 Apr 2024. Eclerx Services has 37 board changes on record in total.

