eClerx Services Limited
eClerx Services Limited provides business process management, change management, data-driven insights, and advanced analytics services in India, the United States, the United Kingdom, Europe, and the Asia Pacific. It offers omnichannel customer support services, customer care journey mapping and insights, automated quality monitoring, workforce management, and field technical operations; digital … Read more
eClerx Services Limited (ECLERX) - Net Assets
Latest net assets as of September 2025: ₹26.27 Billion INR
Based on the latest financial reports, eClerx Services Limited (ECLERX) has net assets worth ₹26.27 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹35.30 Billion) and total liabilities (₹9.03 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹26.27 Billion |
| % of Total Assets | 74.41% |
| Annual Growth Rate | 43.63% |
| 5-Year Change | 53.69% |
| 10-Year Change | 112.35% |
| Growth Volatility | 234.43 |
eClerx Services Limited - Net Assets Trend (2003–2025)
This chart illustrates how eClerx Services Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for eClerx Services Limited (2003–2025)
The table below shows the annual net assets of eClerx Services Limited from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹23.08 Billion | +2.60% |
| 2024-03-31 | ₹22.49 Billion | +31.05% |
| 2023-03-31 | ₹17.17 Billion | +9.42% |
| 2022-03-31 | ₹15.69 Billion | +4.47% |
| 2021-03-31 | ₹15.02 Billion | +14.91% |
| 2020-03-31 | ₹13.07 Billion | -5.43% |
| 2019-03-31 | ₹13.82 Billion | +14.65% |
| 2018-03-31 | ₹12.05 Billion | -0.86% |
| 2017-03-31 | ₹12.16 Billion | +11.86% |
| 2016-03-31 | ₹10.87 Billion | +52.04% |
| 2015-03-31 | ₹7.15 Billion | +21.38% |
| 2014-03-31 | ₹5.89 Billion | +34.36% |
| 2013-03-31 | ₹4.38 Billion | +27.72% |
| 2012-03-31 | ₹3.43 Billion | +43.97% |
| 2011-03-31 | ₹2.38 Billion | +19.26% |
| 2010-03-31 | ₹2.00 Billion | +20.66% |
| 2009-03-31 | ₹1.66 Billion | +24.77% |
| 2008-03-31 | ₹1.33 Billion | +352.36% |
| 2007-03-31 | ₹293.50 Million | +144.44% |
| 2006-03-31 | ₹120.07 Million | +86.73% |
| 2005-03-31 | ₹64.30 Million | +1106.38% |
| 2004-03-31 | ₹5.33 Million | -33.46% |
| 2003-03-31 | ₹8.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to eClerx Services Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2132068000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹21.32 Billion | 92.47% |
| Common Stock | ₹469.60 Million | 2.04% |
| Other Comprehensive Income | ₹2.86 Billion | 12.38% |
| Total Equity | ₹23.06 Billion | 100.00% |
eClerx Services Limited Competitors by Market Cap
The table below lists competitors of eClerx Services Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pony Testing International Group Co
SHE:300887
|
$345.71 Million |
|
Beijing Hanyi Innovation Technology Co. Ltd. A
SHE:301270
|
$345.76 Million |
|
Hotai Finance Corp
TW:6592
|
$345.78 Million |
|
Beijing Kawin Technology Share-holding Co Ltd
SHG:688687
|
$345.83 Million |
|
Jupiter Life Line Hospitals Limited
NSE:JLHL
|
$345.52 Million |
|
Tainan Spinning Co Ltd
TW:1440
|
$345.45 Million |
|
Hunan Huamin Holdings Co Ltd
SHE:300345
|
$345.37 Million |
|
Kenmec Mechanical Engineering Co Ltd
TWO:6125
|
$345.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in eClerx Services Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 22,475,010,000 to 23,057,620,000, a change of 582,610,000 (2.6%).
- Net income of 5,410,920,000 contributed positively to equity growth.
- Dividend payments of 46,950,000 reduced retained earnings.
- Share repurchases of 4,763,210,000 reduced equity.
- New share issuances of 301,240,000 increased equity.
- Other comprehensive income increased equity by 734,880,001.
- Other factors decreased equity by 1,054,270,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹5.41 Billion | +23.47% |
| Dividends Paid | ₹46.95 Million | -0.2% |
| Share Repurchases | ₹4.76 Billion | -20.66% |
| Share Issuances | ₹301.24 Million | +1.31% |
| Other Comprehensive Income | ₹734.88 Million | +3.19% |
| Other Changes | ₹-1.05 Billion | -4.57% |
| Total Change | ₹- | 2.59% |
Book Value vs Market Value Analysis
This analysis compares eClerx Services Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.09x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 10421.68x to 3.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-03-31 | ₹0.14 | ₹1474.70 | x |
| 2004-03-31 | ₹0.09 | ₹1474.70 | x |
| 2005-03-31 | ₹1.14 | ₹1474.70 | x |
| 2006-03-31 | ₹2.12 | ₹1474.70 | x |
| 2007-03-31 | ₹5.18 | ₹1474.70 | x |
| 2008-03-31 | ₹25.18 | ₹1474.70 | x |
| 2009-03-31 | ₹29.05 | ₹1474.70 | x |
| 2010-03-31 | ₹33.65 | ₹1474.70 | x |
| 2011-03-31 | ₹39.60 | ₹1474.70 | x |
| 2012-03-31 | ₹56.92 | ₹1474.70 | x |
| 2013-03-31 | ₹72.70 | ₹1474.70 | x |
| 2014-03-31 | ₹95.39 | ₹1474.70 | x |
| 2015-03-31 | ₹118.00 | ₹1474.70 | x |
| 2016-03-31 | ₹174.28 | ₹1474.70 | x |
| 2017-03-31 | ₹197.69 | ₹1474.70 | x |
| 2018-03-31 | ₹201.87 | ₹1474.70 | x |
| 2019-03-31 | ₹241.98 | ₹1474.70 | x |
| 2020-03-31 | ₹238.55 | ₹1474.70 | x |
| 2021-03-31 | ₹287.85 | ₹1474.70 | x |
| 2022-03-31 | ₹304.37 | ₹1474.70 | x |
| 2023-03-31 | ₹340.84 | ₹1474.70 | x |
| 2024-03-31 | ₹458.68 | ₹1474.70 | x |
| 2025-03-31 | ₹477.56 | ₹1474.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently eClerx Services Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.47%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.08%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.36x
- Recent ROE (23.47%) is below the historical average (77.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 85.14% | 3.32% | 17.07x | 1.50x | ₹6.02 Million |
| 2004 | 616.51% | 15.22% | 4.10x | 9.88x | ₹32.33 Million |
| 2005 | 174.54% | 42.31% | 2.72x | 1.52x | ₹105.80 Million |
| 2006 | 200.25% | 50.94% | 1.84x | 2.14x | ₹228.43 Million |
| 2007 | 138.05% | 47.05% | 2.42x | 1.21x | ₹375.84 Million |
| 2008 | 33.58% | 36.65% | 0.73x | 1.26x | ₹313.07 Million |
| 2009 | 37.30% | 31.32% | 0.92x | 1.29x | ₹452.17 Million |
| 2010 | 36.79% | 28.61% | 1.04x | 1.24x | ₹535.49 Million |
| 2011 | 51.36% | 35.79% | 0.97x | 1.48x | ₹986.01 Million |
| 2012 | 46.55% | 33.79% | 1.02x | 1.34x | ₹1.25 Billion |
| 2013 | 39.15% | 25.98% | 1.10x | 1.37x | ₹1.28 Billion |
| 2014 | 43.41% | 30.40% | 1.06x | 1.34x | ₹1.97 Billion |
| 2015 | 32.13% | 24.38% | 0.98x | 1.34x | ₹1.58 Billion |
| 2016 | 33.42% | 27.62% | 1.04x | 1.16x | ₹2.54 Billion |
| 2017 | 29.13% | 26.62% | 0.95x | 1.15x | ₹2.32 Billion |
| 2018 | 24.07% | 21.41% | 0.95x | 1.19x | ₹1.69 Billion |
| 2019 | 16.53% | 16.33% | 0.88x | 1.16x | ₹901.33 Million |
| 2020 | 16.00% | 14.55% | 0.83x | 1.33x | ₹783.62 Million |
| 2021 | 18.83% | 18.06% | 0.78x | 1.34x | ₹1.32 Billion |
| 2022 | 26.63% | 19.32% | 1.04x | 1.32x | ₹2.61 Billion |
| 2023 | 28.50% | 18.46% | 1.16x | 1.33x | ₹3.17 Billion |
| 2024 | 22.76% | 17.48% | 1.00x | 1.30x | ₹2.87 Billion |
| 2025 | 23.47% | 16.08% | 1.07x | 1.36x | ₹3.11 Billion |
Industry Comparison
This section compares eClerx Services Limited's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $2,503,158,354
- Average return on equity (ROE) among peers: 12.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| eClerx Services Limited (ECLERX) | ₹26.27 Billion | 85.14% | 0.34x | $345.56 Million |
| 3i Infotech Limited (3IINFOLTD) | $10.02 Billion | 26.55% | 2.88x | $23.73 Million |
| AAA Technologies Limited (AAATECH) | $239.64 Million | 9.76% | 0.16x | $7.64 Million |
| Accelya Solutions India Limited (ACCELYA) | $1.46 Billion | 14.35% | 0.24x | $43.42 Million |
| Adroit Infotech Limited (ADROITINFO) | $160.99 Million | -1.68% | 0.01x | $2.87 Million |
| Allied Digital Services Limited (ADSL) | $6.46 Billion | 4.97% | 0.43x | $32.95 Million |
| Airan Limited (AIRAN) | $158.56 Million | 5.12% | 0.24x | $6.12 Million |
| Alankit Limited (ALANKIT) | $316.22 Million | 1.08% | 0.04x | $12.73 Million |
| Bartronics India Limited (ASMS) | $282.50 Million | 6.18% | 0.15x | $6.02 Million |
| BIRLASOFT LIMITED (BSOFT) | $1.42 Billion | 22.91% | 0.88x | $692.71 Million |
| Computer Age Management Services Limited (CAMS) | $4.51 Billion | 32.35% | 0.55x | $1.74 Billion |