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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
eClerx Services Limited is an India-based industry-focused specialist services firm managing and improving complex data-driven processes. The Company provides business process management, automation and analytics services to various sectors, including financial services,…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, steadily growing business, reasonably priced.
eClerx Services is scored on the it / services framework. It keeps a healthy 16.8% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.24× reported profit. Free cash flow is worth about 4.9% of its market value.
Over the last 3 years revenue compounded at 16%/yr and profit at 13%/yr. Book value has grown 14%/yr. Return on equity is an elite 24.9%. In the latest quarter profit grew 10% versus the prior quarter.
At 21× earnings, the stock sits at the 23rd percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price implies ~9%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 20.69 | 18.54 | worse |
| P/B | 5.15 | 3.63 | worse |
| EV/EBITDA | 12.15 | 6.09 | worse |
| ROE | 24.91 | 38.53 | worse |
| ROCE | 28.89 | 12.97 | better |
| ROA | 17.88 | 4.38 | better |
| Quick Ratio | 3.4 | 12.86 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| TCS | 17.4 | 7.6 | 43.4% |
| Infosys | 15.6 | 5.1 | 31.0% |
| HCL Technologies | 21.3 | 5.1 | 24.1% |
Revenue has grown every year across all 4 financial years shown. 16% CAGR over 3 years — steady double-digit compounder. Growth is accelerating — latest year outpaced the prior year's rate.
Net profit has risen every year — the hallmark of a compounder. The latest year saw a +31% swing — check if it's a one-off or structural.
Operating margin has compressed from 24% to 22% — costs or competition are eating into profitability. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 28% — the business earns well above its cost of equity.
Profit grew faster than EPS (13% vs -8%) — share dilution is eroding per-share value. -8% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.2× PAT — earnings are well-backed by cash; strong accrual quality. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Low quarterly variance (9% spread) — a predictable, non-seasonal revenue stream.
Quarterly margins are compressing (17% → 15%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 54.5% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.