EduInvesting.in | May 12, 2025
🔍 Stock: eClerx Services Ltd. (NSE: ECLERX)
🧾 Sector: IT / KPO / BPO / “Excel Sheet Optimization Services”
🎬 Intro:
While you’re busy arguing over whether TCS or Infosys is cooler, this silent operator from Mumbai is out here doing BPO with a vengeance and margins tighter than Indian aunties at wedding buffets.
Meet eClerx Services – the stock that makes money helping others save money. Basically, it’s the D-Mart of Data Cleaning.
📦 What Exactly Do They Do?
“Sir, we offer high-margin knowledge process outsourcing (KPO) solutions.”
Translation:
“You give us your annoying manual work; we turn it into clean PowerPoints, reports, analytics, and cha-ching.”
Major Verticals:
- 📊 Financial Services – Trade processing, data ops, research (aka doing what bankers don’t want to do)
- 🛍️ Digital / E-commerce – Helping brands
- optimize online sales, product tagging, and customer support
- 📈 Analytics & Automation – Dashboards, RPA, data crunching, and more Excel than your MBA classes
💸 FY24 Highlights – “BPO toh hai, but margins dekh ke shock lagta hai”
| Metric | FY24 | FY23 | YoY Growth |
|---|---|---|---|
| Revenue | ₹2,296 Cr | ₹2,093 Cr | +9.7% |
| EBITDA | ₹663 Cr | ₹567 Cr | +16.9% |
| EBITDA Margin | 28.9% | 27.1% | 🔥 |
| Net Profit | ₹467 Cr | ₹371 Cr | +25.8% |
| EPS | ₹86.8 | ₹69.1 | 🙌 |
| Final Dividend | ₹5/sh | ₹5/sh | 😇 |
28%+ margins in a BPO?! Bro, even my local chaiwala doesn’t earn that on samosas.
🚀 What Drove This Performance?
- 🔧 Automation + Upskilling = Lower costs, better billing
- 🌍 High-end clients in US &
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