eClerx Services Ltd.

NSE: ECLERX | BSE: 532927 | ISIN: INE738I01010 | Industry: BPO/KPO
| Mid-range Performer
4141.4000 110.40 (2.74%)
NSE Oct 15, 2025 11:37 AM
Volume: 20,283
 

4141.40
2.74%
Reliance Securities
eClerx Services (eClerx) has reported another underwhelming performance in 3QFY18, with its USD revenue rising by just 1% QoQ (1.1% QoQ in CC terms) to US$48.9mn, missing our estimate by 1.9%. However, eClerx's INR revenue grew by 2.7% QoQ to Rs3.34bn, beating our estimate by 5.3%, owing to higher currency realisation. The company reported a major underperformance on operating margin front, with its EBIT margin crashing by a steep 264bps QoQ to the lowest-ever 22.8%, missing our estimate by a substantial 268bps owing to low revenue growth, and higher employee and SG&A; cost. Notably, new business in areas like Managed Services, Robotic Process Automation (RPA) and Analytics having lower initial...
eClerx Services Ltd. is trading above its 200 day SMA of 3395.0
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