eClerx Services

Share Repurchase Plans And Strong Profit Margins Will Drive Future Potential

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

24 Feb 25

Updated

09 Dec 25

Views

67

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

32.0%

7D

7.1%

Loading

1Y

32.0%

7D

7.1%

You can edit this narrative until Dec 10 2:05 PM. Then, changes will post as Updates.

Author's Valuation

₹4.89k2.1% undervalued

AnalystConsensusTarget Fair Value

Shared on 09 Dec 25

Fair value Increased 0.82%

ECLERX: Buyback And Egypt Expansion Will Guide Balanced Future Outlook

Analysts have nudged their price target on eClerx Services slightly higher to ₹4,890 from ₹4,850, citing marginally improved assumptions for fair value, discount rate, and future earnings multiples. What's in the News Signed a Memorandum of Understanding with Egypt's Information Technology Industry Development Agency to expand multilingual support and technology led services, leveraging a growing delivery center in Cairo to better serve US and European clients (company announcement) Board of Directors authorized a share buyback plan on October 24, 2025, as part of a broader capital allocation strategy (board resolution) Announced a share repurchase program of up to 666,666 shares, about 1.4 percent of outstanding equity, for up to INR 3,000 million at a maximum price of INR 4,500 per share, funded through cash and subject to shareholder approval (buyback announcement) Scheduled a special shareholders meeting via postal ballot on December 4, 2025, to seek approval for the equity share buyback through the tender offer route (shareholder meeting notice) Board meeting on October 24, 2025, set to review unaudited quarterly and half year results and formally consider the detailed buyback proposal under applicable Indian corporate and securities regulations (board meeting agenda) Valuation Changes Fair Value: Target price has risen slightly to ₹4,890.4 from ₹4,850.4, reflecting a modest upward revision in intrinsic value estimates.

Shared on 25 Nov 25

ECLERX: Share Buyback And Egypt Agreement Will Shape Outlook Ahead

Analysts have maintained their price target for eClerx Services at ₹4,850.40. They cite stable assumptions for revenue growth, profit margin, and valuation multiples as reasons for this decision.

Shared on 10 Nov 25

Fair value Increased 12%

ECLERX: Share Buyback Announcement Will Drive Investor Optimism Forward

Analysts have raised their price target for eClerx Services from ₹4,330.70 to ₹4,850.40, citing improved growth and profitability expectations. What's in the News The Board of Directors authorized a share buyback plan on October 24, 2025 (Board Meeting).

Shared on 27 Oct 25

Fair value Increased 6.85%

Analysts have raised their price target for eClerx Services from ₹4,053.20 to ₹4,330.70, citing improved profit margin expectations, which outweigh slightly moderated revenue growth forecasts. What's in the News eClerx Services Limited has announced a share repurchase program, planning to buy back up to 666,666 shares, which represents 1.4% of its share capital for a total of INR 3,000 million, at a price not exceeding INR 4,500 per share, funded through cash.

Shared on 05 Sep 25

Despite a marginal uptick in the discount rate to 13.08%, both the future P/E and the consensus analyst price target for eClerx Services remained essentially unchanged at 29.97x and ₹4053, respectively. What's in the News Board meeting scheduled to approve and record un-audited financial results for the quarter/period ended June 30, 2025.

Shared on 01 May 25

Fair value Increased 19%

Shared on 23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Increased 4.08%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 2.99%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Decreased 16%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Increased 17%

Shared on 13 Mar 25

Fair value Decreased 3.09%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget Fair Value

₹4.89k

2.1% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

13.69%

Professional Services revenue growth rate

0.22%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

13.13%

Calculation

₹9.98b

Earnings '28

x

32.58x

PE Ratio '28

=

₹325.30b

Market Cap '28

₹325.30b

Market Cap '28

/

46.87m

No. shares '28

=

₹6.94k

Share Price '28

₹6.94k Share Price '28

Discounted to 2025 @ 13.08% p.a.

=

₹4.80k

Fair Value '25