ECLERXBSEeClerx Services LtdHighNeutral
Announced Wed, 13 May · 19:24 IST

Earnings Presentation and Press release w.r.t Consolidated and Standalone Audited Financial Results for the quarter/year ended March 31, 2026

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionResults View source PDF

ECLERX · price

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AI summary

eClerx Services Ltd reported strong FY26 results with total revenue of INR 4,217.4 crore, up 22.6% YoY. Operating revenue in USD terms grew 17.9% to USD 468.9 million. Net profit surged 30.5% to INR 706.2 crore, while EBITDA margin expanded by 117 basis points to 25.6%. For Q4 alone, revenue was INR 1,135.4 crore with USD revenue of $122.4 million (up 16.8% YoY). However, Q4 showed some sequential margin compression with EBITDA margin declining 42 basis points to 27.5% and net profit margin falling 75 basis points to 16.7%. The company issued a 1:1 bonus in Q4 and proposed a dividend of INR 1 per share for FY26. Headcount grew 16.9% YoY to 22,518 employees.

Likely market impact

The company delivered robust full-year growth with 30.5% PAT increase and margin expansion. However, Q4 sequential decline in margins and flat QoQ revenue growth in USD may signal moderation in momentum, though this is partially offset by strong cash generation and shareholder-friendly actions like bonus and dividend.