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eClerx Services Ltd P/E Ratio

eClerx Services Ltd P/E Ratio

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Last Updated time: 23 Jul 13:08 PM

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eClerx Services Ltd

NSE: ECLERX

PE

23.3

Last updated : 23 Jul 13:08 PM

Key Highlights

    The P/E Ratio of eClerx Services Ltd is 23.3 as of 23 Jul 13:08 PM .a1#The P/E Ratio of eClerx Services Ltd changed from 19.1 on March 2019 to 12.7 on March 2023 . This represents a CAGR of -7.84% over 5 years. a1#The Latest Trading Price of eClerx Services Ltd is ₹ 2395 as of 23 Jul 12:59 .a1#The PE Ratio of IT - Software Industry has changed from 20.2 to 25.4 in 5 years. This represents a CAGR of 4.69%a1# The PE Ratio of Automobile industry is 18.9. The PE Ratio of Finance industry is 23.5. The PE Ratio of IT - Software industry is 29.4. The PE Ratio of Retail industry is 143.1. The PE Ratio of Textiles industry is 20.5. In 2024a1#The Market Cap of eClerx Services Ltd changed from ₹ 4457 crore on March 2019 to ₹ 6327 crore on March 2023 . This represents a CAGR of 7.26% over 5 years. a1#The Revenue of eClerx Services Ltd changed from ₹ 639.85 crore to ₹ 789.57 crore over 8 quarters. This represents a CAGR of 11.09% a1#The EBITDA of eClerx Services Ltd changed from ₹ 165.49 crore to ₹ 218.58 crore over 8 quarters. This represents a CAGR of 14.93% a1#The Net Pr of eClerx Services Ltd changed from ₹ 99.51 crore to ₹ 129.89 crore over 8 quarters. This represents a CAGR of 14.25% a1#The Dividend Payout of eClerx Services Ltd changed from 1.85 % on March 2019 to 1.27 % on March 2023 . This represents a CAGR of -7.25% over 5 years. a1#

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Historical P/E Ratio of eClerx Services Ltd

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

Historical P/E Ratio of eClerx Services Ltd

Period
Mar '1919.1
Mar '206.3
Mar '2113.3
Mar '2218.8
Mar '2312.7

Company Fundamentals for eClerx Services Ltd

Market Cap

11,934 Cr

EPS

104.6

P/E Ratio (TTM) *

23.3

P/B Ratio (TTM) *

5.3

Day’s High

2447.9

Day’s Low

2354.25

DTE *

0.1

ROE *

22.8

52 Week High

2825.0

52 Week Low

1594.95

ROCE *

27.6

* All values are consolidated

Last Updated time: 23 Jul 13:08 PM

* All values are consolidated

Last Updated time: 23 Jul 13:08 PM

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eClerx Services Ltd

NSE: ECLERX

PRICE

2395.8

-38.50 (-1.58%)

stock direction

Last updated : 23 Jul 12:59

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PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of eClerx Services Ltd

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for eClerx Services Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of eClerx Services Ltd

Market Value

11,934

Asset Value

1,163

9.3 X

Value addition

* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
eClerx Services Ltd2311,934
Tata Consultancy Services Ltd321,550,785
Infosys Ltd28751,746
HCL Technologies Ltd26428,189
Wipro Ltd23264,531
LTIMindtree Ltd37169,297

Key Valuation Metric of eClerx Services Ltd

Earnings

511 Cr

23.3 X

PE Ratio

Market Cap

₹11934Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

Earnings

511 Cr

23.3 X

PE Ratio

Market Cap

₹11934Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of IT - Software Industry over time

PE Ratio of Top Sectors

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Historical Market Cap of eClerx Services Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of eClerx Services Ltd

Period
Mar '194457
Mar '201355
Mar '213854
Mar '228026
Mar '236327

* All values are a in crore

×

Historical Revenue of eClerx Services Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of eClerx Services Ltd

Period
Jun '22640
Sep '22671
Dec '22705
Mar '23698
Jun '23692
Sep '23736
Dec '23774
Mar '24790

* All values are a in crore

×

Historical EBITDA of eClerx Services Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of eClerx Services Ltd

Period
Jun '22165
Sep '22202
Dec '22208
Mar '23212
Jun '23175
Sep '23219
Dec '23226
Mar '24219

* All values are a in crore

×

Historical Net Profit of eClerx Services Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of eClerx Services Ltd

Period
Jun '22100
Sep '22126
Dec '22131
Mar '23132
Jun '23107
Sep '23136
Dec '23139
Mar '24130

* All values are a in crore

×

Historical Dividend Payout of eClerx Services Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of eClerx Services Ltd

Period
Mar '192
Mar '203
Mar '211
Mar '221
Mar '231

* All values are a in %

About eClerx Services Ltd

About eClerx Services Ltd

    eClerx Services Limited provides critical 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. Incorporated in 2000, eClerx is today traded on both the Bombay and National Stock Exchanges of India. The firm employs 16,000+ people across Australia, Canada, Germany, India, Italy, Netherlands, Philippines, France, Singapore, Thailand, UK, and the USA. The Company provides innovative business process management, change management, data-driven insights, advanced analytics powered by subject matter experts and smart automation. eClerx Customer Operations specializes in providing operational expertise and process excellence throughout the customer journey. The Company create solutions and services, utilizing domain knowledge that supports clients' evolving needs. They assist companies in developing, implementing and operating multichannel customer interaction capabilities for the external and the internal customer - facing operations - transforming everyday touchpoints into a superior experience. eClerx Services Limited was originally incorporated on March 24, 2000 as eClerx Services Private Limited. In August 2007, the Company was converted to a public limited company and the name was changed into eClerx Services Limited. eClerx Services completed its Initial Public Offer (IPO) and the equity shares were listed on the National Stock Exchange of India Ltd. (NSE) and the Bombay Stock Exchange Ltd. (BSE) effective December 31, 2007. During the financial year ended 31 March 2010, which marked completion of 10 years by eClerx Services, the company recorded a turnover of more than Rs. 2,500 million for the first time in its history. During the year under review, the company substantially broadened its range of services to clients, thus expanding the addressable market for its services. The year also saw further vendor consolidation in the client community. The company won an increasing share of business from strategic clients, and lost share in accounts where the company was a peripheral vendor. The company has also made significant progress in reducing its currency concentration with increased penetration in Europe. The Board of Directors of eClerx Services vide resolution passed on June 7, 2010 recommended issue of bonus equity shares in the ratio of one fully paid-up bonus equity share of Rs. 10 each for every two equity shares of Rs. 10 each held and consequent capitalization of free reserves of the company. The record date for the purpose was fixed as July 26, 2010. Accordingly the bonus shares have been allotted on July 28, 2010. The company acquired eClerx Private Limited in Singapore with effect from January 28, 2010. The said company is now a wholly owned subsidiary of eClerx Services Ltd., India and caters to Asia-pacific clients of the company. With the company's Mumbai and Pune facilities reaching high utilisation levels, the company has taken on lease additional space in Airoli, Navi Mumbai within a SEZ facility. The company has taken 44,000 sq. ft. initially, with the option to add another 44,000 sq. ft. Operations for Phase-I commenced in the second quarter of 2010-11. eClerx Services acquired the entire shareholding of Agilyst Inc (Agilyst), a closely held US based company, effective May 4, 2012. The consideration towards the acquisition consists of an upfront payment of US$15.75 million and a variable earn out, based on Agilyst's future performance till September 30, 2013. During the financial year ended 31 March 2014, eClerx Services continued to make progress in its endeavor to reduce client and industry concentration and thereby create a more diversified and resilient revenue base. This was driven both by acquisition of new clients and also by account mining and growth in non top 5 clients. The company's digital marketing business division contributed significantly to the company's strategic goal of reducing concentration. The company's banking and financial services business performed quite well during FY2013-14, aided by a recovery in business performance for most of the global banks. The company's cable and telecom business division introduced a couple of new service lines during the year. During the year, eClerx Services received SEZ approval for an additional new facility in its SEZ Unit at Airoli, Navi Mumbai. The new floor will accommodate approximately 600 seats and is likely to go into production early in FY 2014-15. During the year under review, eClerx Services paid final tranche amounting to US$ 3.8 million towards acquisition of Agilyst Inc taking the total cost of acquisition of Agilyst Inc to US$ 19.55 million. The Board of Directors of eClerx Services, at its meeting held on August 8, 2013, approved the buyback of equity shares of the company for a total consideration not exceeding Rs. 40.50 crores and at a price not exceeding Rs. 825 per equity share of Rs.10 each from the open market through the stock exchanges. It was proposed to Buy-back fully paid-up Equity Shares up to 6,00,000 Equity Shares (Maximum Offer Shares) and a minimum of 3,00,000 Equity Shares (Minimum Offer Shares). The buyback commenced on August 27, 2013 and closed on February 26, 2014. The total number of Equity Shares bought back under the Buy-back is 37,623 and entire bought back shares stand extinguished. The highest and lowest price at which the equity shares were bought back was Rs. 815 and 765 per share respectively. The average price at which the shares have been bought back was Rs. 814.66 per share.Agilyst Consulting Private Limited (India), a step down subsidiary of eClerx Services was amalgamated with the company with effective from April 1, 2015. eClerx Services acquired the entire shareholding of CLX Europe S.P.A a joint stock company based in Italy effective April 22, 2015. The acquisition of CLX Europe helped eClerx Services expand its service offering to encompass a larger part of the digital lifecycle of the company's clients. All marketing, process and people-related integration with CLX was completed during the year ended 31 March 2016 and this has started bearing fruit: CLX has met most of the internal goals that were set for FY 2015-16. eClerx Services' cable business was the fastest growing business during FY 2015-16. During the year in review, eClerx Services augmented capacities in each of its three facilities viz. Mumbai, Pune and Chandigarh and at the end of March 2016, the company's India facilities had a total capacity of more than 8500 seats and the centers are functioning at approximately 85% capacity. The Board of Directors of eClerx Services at their meeting held on September 11, 2015 approved the Scheme of Amalgamation between Agilyst Consulting Private Limited and eClerx Services Limited and their respective shareholders (the Scheme) which provides for the amalgamation of Agilyst Consulting Private Limited, a step down subsidiary, with eClerx Services Limited (the company). The Appointed date of the Scheme is April 1, 2015. The Scheme of Amalgamation was filed by Agilyst Consulting Private Limited with the High Court. The High Court vide its order dated April 1, 2016, has dispensed with the requirement for filing a separate 'Company Summons for Direction and Company Scheme Petition' under Sections 391-394 of the Companies Act, 1956 for eClerx Services Limited and therefore there was no requirement for holding meetings of shareholders or creditors of the company in this regard. The Scheme is pending before the Court for approval and would be effective only once the order is received from the Bombay High Court and filed with the Registrar of Companies. On 21 December 2015, eClerx Services allotted 10,180,609 Equity Shares of Rs. 10/- each as Bonus Shares to the Shareholders of the company in the ratio of 1 (One) Equity Share of Rs. 10/- each for every 3 (Three) Equity Shares of Rs. 10/- each held as on the Record Date, i.e. December 18, 2015.During the financial year ended 31 March 2017, eClerx Services bought back 1,170,000 fully paid-up equity shares of face value of Rs. 10 each, constituting up to 2.87% of the issued, subscribed and paid-up equity share capital of the company as on March 31, 2016. The Buyback was undertaken on a proportionate basis, from the fully paid-up Equity Shareholder(s) / beneficial owner(s) of the Equity Shares of the company as on October 28, 2016, by way of a Tender Offer for cash at a price of Rs. 2,000 per Equity Share for an aggregate amount up to Rs. 2,340 million excluding transaction cost(s), pursuant to shareholders approval dated October 14, 2016. The Buyback size was about 24.95% of the aggregate paid- up equity capital and free reserves of the company as per the standalone financial statements of the company for the financial year ended March 31, 2016. The acquisition of CLX Europe has helped eClerx Services expand service offering to encompass a larger part of the digital lifecycle for the clients. All marketing, process and people-related integration with CLX was completed during the year ended 31 March 2017 and this has started bearing fruits. eClerx Services' cable business was the fastest growing business during FY 2016-17. During the year, a subsidiary was set up in Canada with the intent of enhancing eClerx foot print. The company also made progress on enhancing global capabilities by announcing, setting up of an organic onshore delivery center in the US, which should allow eClerx to address client needs which cannot be met from offshore. During the year in review, eClerx Services augmented capacities in each of its three facilities viz. Mumbai, Pune and Chandigarh and at the end of March 2017, the company's India facilities had a total capacity of more than 9,000 seats and the centers are functioning at approximately 77% capacity. eClerx Services' step down subsidiary Agilyst Inc. USA was merged with the company's wholly owned subsidiary eClerx LLC, USA effective from January 1, 2017. eClerx Services' subsidiary eClerx Investment Ltd, BVI was wound up effective March 28, 2017. During the financial year ended 31 March 2018, eClerx Services bought back 1,290,000 fully paid-up equity shares of face value of Rs 10 each, constituting up to 3.24% of the issued, subscribed and paid-up equity share capital of the Company as on March 31, 2017. The Buyback was undertaken on a proportionate basis, from the fully paid-up Equity Shareholder(s) / beneficial owner(s) of the Equity Shares of the Company as on February 05, 2018, by way of a Tender Offer for cash at a price of Rs 2,000 per Equity Share for an aggregate amount up to Rs 2,580 million excluding transaction cost(s), pursuant to shareholders approval dated January 23, 2018. The Buyback size was about 24.99% of the aggregate paid- up equity capital and free reserves of the Company as per the standalone financial statements of the company for the financial year ended March 31, 2018. In FY 2017-18, Company's Digital Services (DS) division focused on growing emerging clients into strategic client. The division invested heavily to increase its onshore consulting practice across the US, UK and Singapore as client requirements and solution complexity increases. In FY 2017-18, the company's Customer Operations business witnessed churn due to changes in client environment. The client value proposition was strengthened by leveraging emerging technologies and investment in Artificial Intelligence (AI) and Robotic Process Automation (RPA). The onshore delivery center in United States went live in FY 2017-18. Customer Operations also expanded geographically in Canada. During the year under review, the company launched nine new products viz. Roboworx, DocIntel, Billing Manager, Loans Manager, Compliance Manager, Confirmation Lifecycle Manager, eCube, Fleet Star and eVigilPro. In 2017-18, eClerx Services was able to successfully industrialise its Research and Development in Artificial Intelligence. The company improved its capabilities in Competitive Intelligence through more exhaustive utilisation of unstructured competitor data, significantly reduced operating costs in customer data review processes for Financial Markets and applied chatbot technology to various customer support functions - from training to customer interactions. During the year under review, eClerx Services invested in upskilling and reskilling its technology teams on critical areas such as digital, data science, security, and artificial intelligence. The Company had 8 subsidiaries including step down subsidiaries and 1 associate company as on March 31, 2020. The Company's Wholly Owned Subsidiary, eClerx Investments (UK) Limited had incorporated a 100% subsidiary in form of a private limited company at Netherlands, Europe in the name of eClerx B.V. on May 6, 2020. The Company had 15 subsidiaries including step down subsidiaries and 1 associate company as on March 31, 2021. During the year 2021, eClerx LLC, USA, a Wholly Owned Subsidiary of the Company entered into a Share Purchase Agreement to acquire share/membership interest of Eclipse Global Holdings LLC (dba Personiv), a Delaware Limited Liability Company headquartered in Austin, Texas, USA, along with all of its subsidiaries. Consequently, Eclipse Global Holdings LLC, USA, Personiv Contact Centres LLC, Delaware, ASEC Group LLC, Delaware, AGR Operations (Manila) Inc, AG Resources (India) Private Limited and Personiv Contact Centres India Private Limited became subsidiaries of the Company effective from December 23, 2020. The Company had 16 subsidiaries including step down subsidiaries and 1 associate company as on March 31, 2022. During the year 2022, the Company's Wholly Owned Subsidiary, eClerx Investments (UK) Limited setup of a 100% Subsidiary at Australia in the name of eClerx Pty Limited on January 13, 2022. In 2023, the Digital clients prioritized their direct channels. The Company saw very good traction for services around Field Tech Operations and Customer experience. Additionally, the Company gained new clients in the pharmaceutical, streaming, and telecom industries to maintain a strong and diverse portfolio. The domain-specific applications helped to provide differentiated services to clients, strengthening their position as a specialized service provider. While Robotic Process Automation and AI/ML based automation increased usage of on low-code/ no-code platforms in delivering solutions. In 2022-23, launching a major initiative on Generative AI, the Company has developed an orchestration platform that brings together the capabilities of various Generative AI models into a single framework. At the end of March 2023, the Company's offshore facilities had a total capacity of around 11,500 seats across India and Philippines. The Company on-boarded Oracle's HRMS platform - a massive global change management exercise involving new HR Technology and transformation in areas of recruitment, leave and attendance, learning, skill repository, HR AI and Analytics, chatbot, surveys, R&R and communities integration, etc. It leveraged people analytics to re-imagine their careers program by emphasizing on cultivating domain expertise across prioritized industry horizontals.

eClerx Services Ltd News Hub

News

Board of eClerx Services recommends final dividend

eClerx Services announced that the Board of Directors of the Company at its meeting held o...

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17 May 202409:36

News

eClerx Services to announce Quarterly Result

eClerx Services will hold a meeting of the Board of Directors of the Company on 16 May 202...

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10 May 202411:22

News

eClerx Services appoints director

eClerx Services has appointed Amit Majmudar (DIN: 00565425) as an Additional Director (til...

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01 Feb 202420:01

News

eClerx Services to announce Quarterly Result

eClerx Services will hold a meeting of the Board of Directors of the Company on 1 February...

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27 Jan 202416:26

News

eClerx Services to conduct board meeting

eClerx Services will hold a meeting of the Board of Directors of the Company on 9 November...

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06 Nov 202313:39

News

eClerx Services AGM scheduled

eClerx Services announced that the Annual General Meeting (AGM) of the company will be hel...

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11 Aug 202310:39

Product Composition by Percentage (Revenue)

FAQs for PE of eClerx Services Ltd

What is eClerx Services Ltd current share price?

The current market price of eClerx Services Ltd as of July 23, 2024 is ₹2395.80.

Is eClerx Services Ltd a good investment?

As per BlinkX Score eClerx Services Ltd scores 63 in Revenue, 84 in Profitability. However it's advisable to conduct comprehensive research or seek advice from experts to evaluate whether it aligns with your investment objectives.

What are eClerx Services Ltd's total net assets?

According to eClerx Services Ltd's most recent financial filings, the company's net assets total ₹1163.4 Cr.

Is eClerx Services Ltd making a profit or loss?

eClerx Services Ltd's net Profit as of July 23, 2024 is close to ₹511 Cr.
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