Revised earnings presentation w.r.t Consolidated and Standalone Un-Audited Financial Results for the quarter/period ended June 30, 2026.
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 05 Aug 2026, 06:46 PM IST · BSE ID: 2511fbbb-fa92-417e-a7c0-61b24d900156
View Original BSE Filing (PDF)
💡
In Simple Terms
eClerx Services released its Q1 financial results, showing increased profit and revenue compared to the same period last year.
🤖 AI Summary
- eClerx Services reported Q1 FY27 PAT of INR 1,643 million, an increase of 16.0% year-on-year.
- OPG revenue for Q1 FY27 was $125.9 million, reflecting a 15.2% year-on-year growth.
- Total revenue for the quarter ended June 30, 2026, stood at INR 11,702 million, growing 23.8% year-on-year.
- OPG EBITDA for Q1 FY27 was INR 2,652 million, with PAT margin at 14.0%.
- A dividend of INR 1 was proposed for FY27, with wage increments effective April 1, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total revenue (INR mm)
11,702
23.8%
OPG revenue (USD mm)
$125.9
15.2%
🏢 How This Affects the Company
The company's OPG revenue in USD grew 15.2% year-on-year, indicating continued demand for its services. Growth in ACV of new deals from $169.9 MM in FY26 to $48.6 MM in Q1 FY27 shows ongoing business acquisition.
PAT increased by 16.0% YoY to INR 1,643 million, contributing to overall profitability. However, QoQ PAT declined by 13.2%, and PAT margin decreased by 264 bps from Q4 FY26.
Staff utilization (delivery) increased to 75.5% in Q1 FY27 from 74.2% in Q4 FY26. Total headcount decreased slightly to 22,499 from 22,639 in the previous quarter.
OPG EBITDA and PAT margins decreased quarter-on-quarter, indicating potential pressure on operational efficiency or increased costs, despite overall revenue growth. A decrease in Revaluation Income from 105.7 INR million in Q4 FY26 to 35.7 INR million in Q1 FY27 contributed to reduced other income.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required based on this financial results filing.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, with Q1 FY27 PAT at INR 1,643 million and a proposed dividend of INR 1 for FY27.
🔍
Management Signal
The proposed dividend of INR 1 for FY27 and effective wage increments signal ongoing employee compensation and shareholder return considerations.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — monitor revenue and profit margin trends.
Updates on dividend record and payment dates for FY27.
Quarterly client concentration and revenue mix changes.
MEDIUM RISK
Quarter-on-quarter declines in PAT and margins suggest potential profitability pressures that require monitoring.
💡 Investor Takeaway
eClerx Services reported Q1 FY27 total revenue of INR 11,702 million, a 23.8% YoY increase. PAT reached INR 1,643 million, up 16.0% YoY. However, PAT decreased 13.2% QoQ, and PAT margin fell to 14.0% from 16.6%.
⚖️ Strengths & Concerns
✅ Positives
- Q1 FY27 PAT increased by 16.0% year-on-year to INR 1,643 million, demonstrating growth in net profitability.
- Total revenue grew by 23.8% year-on-year to INR 11,702 million, indicating strong top-line expansion.
⚠️ Concerns
- Q1 FY27 PAT decreased by 13.2% quarter-on-quarter, dropping from INR 1,894 million in Q4 FY26 to INR 1,643 million.
- PAT margin decreased by 264 basis points from 16.6% in Q4 FY26 to 14.0% in Q1 FY27.
📅 Company Track Record
eClerx Services previously reported FY26 net profit of INR 7,062 million, an increase of 30.5%. FY26 standalone revenue grew to INR 28,584.54 million, and a dividend of Re. 1/- was recommended on May 13, 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was eClerx Services' consolidated net profit for Q1 FY27?
eClerx Services reported a consolidated PAT of INR 1,643 million for the quarter ended June 30, 2026, which is a 16.0% year-on-year increase.
What was eClerx Services' total revenue in Q1 FY27?
The total revenue for eClerx Services in Q1 FY27 was INR 11,702 million, representing a 23.8% year-on-year growth.
What was the OPG revenue in USD for eClerx Services in Q1 FY27?
eClerx Services' OPG revenue in USD for Q1 FY27 was $125.9 million, indicating a 15.2% year-on-year growth.
What dividend did eClerx Services propose for FY27?
eClerx Services proposed a dividend of INR 1 for FY27, with wage increments made effective from April 1, 2026.
Questions based on this BSE filing only. For information purposes.