BSEResult5 Aug 2026 · 5 Aug 2026, 06:46 pm
Revised earnings presentation w.r.t Consolidated and Standalone Un-Audited Financial Results for the quarter/period ended June 30, 2026.
eClerx Services Ltd · 532927
✦ AI SummaryResults
eClerx Services Ltd has announced its revised earnings presentation for the quarter ended June 30, 2026, showing a 2.8% Q-o-Q and 15.2% Y-o-Y growth in OPG revenue, and a 3.1% Q-o-Q and 23.8% Y-o-Y growth in total revenue. The company has also proposed a dividend of INR 1 for FY27.
Analysis Scores
Earnings Impact6/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
eClerx Services Ltd - 532927 - Revised Earnings Presentation And Press Release W.R.T Consolidated And Standalone Un-Audited Financial Results For The Quarter/Period Ended June 30, 2026.
Attachments (1)
📄pdf
Download →
64c8e165-d2a8-42ed-bf4b-2e12bbf74f03.pdf
View document text
eClerx/SECD/SE/2026/123
August 5, 2026
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department, Exchange Plaza, Plot No. C/1,
Phiroze Jeejeebhoy Towers, Block G, Bandra - Kurla Complex
25th Floor, Dalal Street, Bandra (East),
Fort, Mumbai - 400 001 Mumbai – 400 051
Dear Sir/Madam,
Sub: Revised Earnings Presentation w.r.t Consolidated and Standalone Un-Audited Financial Results for
the quarter/period ended June 30, 2026
Scrip Code: BSE – 532927
NSE – ECLERX
With reference to our letter number eClerx/SECD/SE/2026/117 dated August 5, 2026, please find attached
the revised earnings presentation w.r.t Consolidated and Standalone Un-Audited Financial Results for the
quarter/period ended June 30, 2026, with additional slide no. 9.
This is for your records.
Thanking you,
Yours faithfully
For eClerx Services Limited
Pratik Bhanushali
VP- Legal & Company Secretary
F8538
Encl: as above
Registered office address Ph: +91 (022) 6614 83011
eClerx Services Limited Fax: +91 (022) 6614 8655
Sonawala Building, 1st Floor, 29 Bank Street, Fort, Email: Contact@eclerx.com
Amplify Business Results Mumbai – 400 02 3 , M a h a r a s h t r a , I n d i a C I N : ( L 7 2 2 0 0MH2000PLC125319)
www.eclerx.com
T INVESTOR RELATIONS
FINANCIAL PERFORMANCE – Q1 FY27
AUGUST 5, 2026
Financial Summary
Metrics FY27 Q1 Q-o-Q Y-o-Y
OPG revenue (USD mm) $125.9 2.8% 15.2%
Revenue OPG revenue (INR mm) 11,524 4.1% 23.3%
Total revenue (INR mm) 11,702 3.1% 23.8%
OPG EBITDA (INR mm) 2,652 -6.6% 18.4%
EBITDA (INR mm) 2,831 -9.3% 20.6%
Profit
EBIT (INR mm) 2,335 -11.0% 18.1%
PAT (INR mm) 1,643 -13.2% 16.0%
OPG EBITDA (%) 23.0% -264 bps -96 bps
EBITDA (%) 24.2% -330 bps -64 bps
Margin (%)
EBIT (%) 20.0% -317 bps -97 bps
PAT (%) 14.0% -264 bps -95 bps
* EBIT includes other income and excludes rental interest under IND AS116
HIGHLIGHTS OF THE QUARTER
• Q1FY27 YoY constant currency (CC) growth of 15.1%; QoQ CC growth of 2.9%
• Dividend of INR 1 proposed for FY27
• Wage increments effective 1stApril 2026
www.eclerx.com CONFIDENTIAL 1
Key Financial Indicators (1)
OPG Revenue in INR (Mn) EBITDA (INR Mn)
17.5% 41,170 14,000
12,000 11,526
4-Year Revenue CAGR 33,659 11,073
from FY22 to FY26
10,000 8,946 3,121
8,983 8,404
8,097 Q4
10,703 8,000
2,505
8,538 2,119 2,186 3,075 Q3
6,000 Q2
29,225 10,049 2,084 2,280 2,281
26,479 8,318 4,000 2,983 Q1
2,023 2,189 2,288
7,819 9,346 11,524 2,000 1,870 1,750 1,873 2,346 2,831
FY23 FY24 FY25 FY26 Q1 FY27
FY23 FY24 FY25 FY26 Q1 FY27
Return on Equity (%) PAT (INR Mn)
8,000
7,062
7,000
6,000 5,411 1,894
4,888 5,115
5,000
1,522 Q4
1,305
1,325 1,920
4,000
29.70% 25.8% 29.0% 3,000 1,312 1,386 1,371 Q2
23.7% 23.8%
1,832
2,000 1,259 1,360 1,402 Q1
1,000
992 1,063 1,116 1,417 1,643
FY23 FY24 FY25 FY26 Q1 FY27 FY23 FY24 FY25 FY26 Q1 FY27
www.eclerx.com CONFIDENTIAL 2
Key Financial Indicators (2)
Cash and Cash Equivalents and Net Operating Cash Book value and Cash & Cash Equivalents (INR)
flow (INR Mn)
12,810 12,589 278
10,839 10,508 233 246
8,729
6,563 6,546 139 137
5,050 5,259 112 112
1,073
FY23 FY24 FY25* FY26* Q1 FY27 FY23 FY24 FY25* FY26* Q1 FY27
Cash and Cash Equivalents Net Operating Cash Flow Current Book Value per share Cash and Cash Equivalents per share
EBITDA conversion (%) EPS (INR) Capex (INR Mn)
75.7% Basic Diluted 1,169
73.2%
62.4% 62.6% 76.2 74.4
57.1 56.0
37.9% 267
1,202
684 336
17.9 17.6
FY23 FY24 FY25 FY26 Q1 FY27
FY23 FY24 FY25 FY26 Q1 FY27 FY25 FY26 Q1 FY27
*Effective Q4FY25 we have included Deposits more than 12 months
Changes in historical numbers due to Bonus issued in Q4 FY26
www.eclerx.com CONFIDENTIAL 3
Other Income
Figures in INR millions.
Other Income FY27 Q1 FY26 Q4 FY26 Q3 FY26 Q2 FY26 Q1
Investment Income 98.8 122.1 124.0 108.4 105.5
Revaluation Income* 35.7 105.7 64.1 186.1 (32.1)
Others 44.1 53.0 125.3 9.4 31.9
Total 178.6 280.8 313.4 303.9 105.3
* Gain / Loss regrouped as other income/expenses based on profit or loss position in the press release financials
• Revaluation Income: Decreased due to lower INR depreciation against USD in Q1.
• Revaluation and Realised Gain
- USD/INR FY27 Q1 Exit: 94.56 vs. FY26 Q4 Exit: 93.78
- EUR/INR FY27 Q1 Exit:108.01 vs. FY26 Q4 Exit:108.09
- GBP/INR FY27 Q1 Exit:125.47 vs. FY26 Q4 Exit:123.84
www.eclerx.com CONFIDENTIAL 4
Amounts in $ mm
Revenue, A&A and ACV
Revenue by Industries A&A Revenue
Q1'25 Q2'25 Q3'25 Q4'25 FY25 Q1'26 Q2’26 Q3’26 Q4’26 FY26 Q1’27
89.5
BFSI 41.8% 43.8% 43.7% 43.7% 43.3% 43.2% 41.4% 40.1% 38.7% 40.8% 37.6%
73.2 24.2
65.3 61.9
CMT 26.4% 26.1% 25.2% 25.7% 25.8% 25.4% 25.9% 25.0% 26.6% 25.7% 26.2% 19.0
20.0
16.2 23.6
HiTechand M&D 16.8% 16.7% 16.2% 16.1% 16.4% 16.5% 16.7% 16.8% 16.0% 16.5% 16.3% 19.8
16.2
25.9
Fashion & Luxury 21.4
10.3% 8.7% 9.3% 8.8% 9.3% 9.0% 8.4% 8.7% 8.4% 8.6% 8.2% 18.1
and Retail 14.8
25.9
Emerging 4.7% 4.8% 5.5% 5.7% 5.2% 5.9% 7.7% 9.5% 10.2% 8.4% 11.7% 14.8 16.3 20.2
FY23 FY24 FY25 FY26 Q1 FY27
Total 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%
ACV of new deals (excludes CLX)
82.4 MM 91.0 MM 137.4 MM 169.9 MM
48.6
46.0 45.5 46.1
40.8
33.0 32.3
29.3 28.9
26.8
24.4
22.9 21.6
19.6 18.3 18.2 19.0
Q1'FY23 Q2'FY23 Q3'FY23 Q4'FY23 Q1'FY24 Q2'FY24 Q3'FY24 Q4'FY24 Q1'FY25 Q2'FY25 Q3'FY25 Q4'FY25 Q1'FY26 Q2'FY26 Q3'FY26 Q4'FY26 Q1'FY27
www.eclerx.com CONFIDENTIAL 5
Hedge Updates
Current Hedge Status
• Current total outstanding hedges at $273.6 mm at average INR 93.41/$; 100% forwards
Contract Year Currency Amount (mm) Avg. Rate (INR)
FY26 Q1 $52.80 85.25
FY26 Q2 $52.80 85.94
FY26 Q3 $52.80 86.22
Matured Forwards
FY26 Q4 $47.60 87.38
Total FY26 USD $206.00 86.17
FY27 Q1 $60.40 88.26
FY27 Q2 $56.00 89.92
FY27 Q3 $57.60 91.66
FY27 Q4 $42.60 92.11
Total FY27 USD $156.20 91.16
FY28 Q1 $45.40 94.70
Outstanding Forwards FY28 Q2 $33.60 96.29
FY28 Q3 $22.50 97.78
FY28 Q4 $10.50 98.98
Total FY28 USD $112.00 96.20
FY29 Q1 $5.40 100.85
Total FY29 USD $5.40 100.85
Total Outstanding USD $273.60 93.41
www.eclerx.com CONFIDENTIAL 6
P&L Comparison
Figures in INR millions.
Operating P&L FY27 Q1 OPR (%) FY26 Q4 OPR (%)
Operating Revenue $ $125.9 $122.4
Total Revenue* 11,702 11,354
Operating Revenue 11,524 11,073
Cost of Revenues
Delivery and Support Employees Cost 6,401 55.6% 5,851 52.8%
General and Administrative Expenses
Facilities (Rent and Electricity) 160 1.4% 154 1.4%
Technological Services (Communications, AMC) 289 2.5% 237 2.1%
Administrative Services (Transport, HK, Security) 131 1.1% 115 1.0%
Legal and Professional Fees 190 1.6% 183 1.7%
Provision / Written off for Bad Debt 5 0.0% (14) -0.1%
CSR 28 0.2% 28 0.3%
Others 189 1.6% 199 1.8%
Total G&A 990 8.6% 902 8.1%
Selling and Distribution 1,480 12.8% 1,478 13.4%
Operating EBITDA 2,652 23.0% 2,841 25.7%
EBITDA^ 2,831 24.2% 3,121 27.5%
Depreciation and Amortization (Inc. rent as per IND AS116) 496 4.3% 497 4.5%
EBIT^ 2,335 20.0% 2,625 23.1%
* Forex Gain / Loss and gain / loss on sale of tangible assets regrouped as other income/expenses in the press release financials
^ EBITDA and EBIT % on Total Revenue
www.eclerx.com CONFIDENTIAL 7
Key Revenue Metrics
FY27 Q1 FY26 Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY25 Q4 FY25 Q3 FY25 Q2 FY25 Q1
USD 87% 86% 86% 86% 86% 86% 86% 87% 86%
EURO 8% 8% 8% 8% 8% 8% 8% 8% 9%
Currency
Contribution (%) GBP 3% 3% 3% 3% 3% 3% 3% 3% 3%
Others 2% 3% 3% 3% 3% 3% 3% 2% 2%
North America 78% 78% 80% 80% 79% 78% 76% 76% 75%
Geographic Concentration* Europe 16% 17% 14% 14% 15% 14% 16% 16% 17%
ROW 6% 5% 6% 6% 6% 8% 8% 8% 8%
Client Concentration Top 10 contribution 60% 59% 60% 63% 63% 64% 62% 63% 62%
BPaaS 19% 18% 19% 18% 19% 19% 19% 20% 21%
Billing Mix
Onshore Revenue 18% 18% 18% 19% 20% 21% 21% 20% 20%
US$ 500k-1mm Clients 42 44 44 44 42 37 36 36 38
Client Contribution
US$ 1mm-3mm Clients 28 27 27 26 24 25 24 25 23
(based on TTM revenue)
US$ 3mm ++ Clients 25 24 22 20 19 18 18 18 19
DSO Days 79 81 78 76 86 80 83 77 81
*Other smaller currencies, geographies and client contribution not shown
www.eclerx.com CONFIDENTIAL 8
Revenue Mix Trends ($mm)
$7.6 9.2%
$7.4 (3.3%) $7.8 0.3% 20.0%
[Showing first 8,000 characters — download PDF for full document]