eClerx Services Limited (ECLERX) - Net Assets

Latest as of September 2025: Rs26.27 Billion INR ≈ $284.08 Million USD

Based on the latest financial reports, eClerx Services Limited (ECLERX) has net assets worth Rs26.27 Billion INR (≈ $284.08 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs35.30 Billion ≈ $381.77 Million USD) and total liabilities (Rs9.03 Billion ≈ $97.70 Million USD). 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. Check how resilient are eClerx Services Limited's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs26.27 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. Also explore total assets of eClerx Services Limited for the complete picture of this company's asset base.

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. For live valuation and market cap data, see eClerx Services Limited (ECLERX) total market value.

Year	Net Assets	Change
2025-03-31	Rs23.08 Billion ≈ $249.60 Million	+2.60%
2024-03-31	Rs22.49 Billion ≈ $243.27 Million	+31.05%
2023-03-31	Rs17.17 Billion ≈ $185.64 Million	+9.42%
2022-03-31	Rs15.69 Billion ≈ $169.66 Million	+4.47%
2021-03-31	Rs15.02 Billion ≈ $162.40 Million	+14.91%
2020-03-31	Rs13.07 Billion ≈ $141.33 Million	-5.43%
2019-03-31	Rs13.82 Billion ≈ $149.45 Million	+14.65%
2018-03-31	Rs12.05 Billion ≈ $130.35 Million	-0.86%
2017-03-31	Rs12.16 Billion ≈ $131.48 Million	+11.86%
2016-03-31	Rs10.87 Billion ≈ $117.54 Million	+52.04%
2015-03-31	Rs7.15 Billion ≈ $77.31 Million	+21.38%
2014-03-31	Rs5.89 Billion ≈ $63.69 Million	+34.36%
2013-03-31	Rs4.38 Billion ≈ $47.40 Million	+27.72%
2012-03-31	Rs3.43 Billion ≈ $37.12 Million	+43.97%
2011-03-31	Rs2.38 Billion ≈ $25.78 Million	+19.26%
2010-03-31	Rs2.00 Billion ≈ $21.62 Million	+20.66%
2009-03-31	Rs1.66 Billion ≈ $17.91 Million	+24.77%
2008-03-31	Rs1.33 Billion ≈ $14.36 Million	+352.36%
2007-03-31	Rs293.50 Million ≈ $3.17 Million	+144.44%
2006-03-31	Rs120.07 Million ≈ $1.30 Million	+86.73%
2005-03-31	Rs64.30 Million ≈ $695.38K	+1106.38%
2004-03-31	Rs5.33 Million ≈ $57.64K	-33.46%
2003-03-31	Rs8.01 Million ≈ $86.63K	--

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	Rs21.32 Billion	92.47%
Common Stock	Rs469.60 Million	2.04%
Other Comprehensive Income	Rs2.86 Billion	12.38%
Total Equity	Rs23.06 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
Lectra SA PA:LSS	$715.73 Million
Ocean’s King Lighting Science & Technology Co Ltd SHE:002724	$715.75 Million
AB SKF (publ) ST:SKF-A	$715.78 Million
Redwood Trust Inc NYSE:RWT	$715.90 Million
Alto Neuroscience, Inc. NYSE:ANRO	$715.58 Million
Hansen Technologies Ltd AU:HSN	$715.30 Million
Newegg Commerce Inc NASDAQ:NEGG	$715.17 Million
Yingkou Jinchen Mach Co Ltd SHG:603396	$715.16 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	Rs5.41 Billion	+23.47%
Dividends Paid	Rs46.95 Million	-0.2%
Share Repurchases	Rs4.76 Billion	-20.66%
Share Issuances	Rs301.24 Million	+1.31%
Other Comprehensive Income	Rs734.88 Million	+3.19%
Other Changes	Rs-1.05 Billion	-4.57%
Total Change	Rs-	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: 2.99x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 10098.72x to 2.99x 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	Rs0.14	Rs1429.00	x
2004-03-31	Rs0.09	Rs1429.00	x
2005-03-31	Rs1.14	Rs1429.00	x
2006-03-31	Rs2.12	Rs1429.00	x
2007-03-31	Rs5.18	Rs1429.00	x
2008-03-31	Rs25.18	Rs1429.00	x
2009-03-31	Rs29.05	Rs1429.00	x
2010-03-31	Rs33.65	Rs1429.00	x
2011-03-31	Rs39.60	Rs1429.00	x
2012-03-31	Rs56.92	Rs1429.00	x
2013-03-31	Rs72.70	Rs1429.00	x
2014-03-31	Rs95.39	Rs1429.00	x
2015-03-31	Rs118.00	Rs1429.00	x
2016-03-31	Rs174.28	Rs1429.00	x
2017-03-31	Rs197.69	Rs1429.00	x
2018-03-31	Rs201.87	Rs1429.00	x
2019-03-31	Rs241.98	Rs1429.00	x
2020-03-31	Rs238.55	Rs1429.00	x
2021-03-31	Rs287.85	Rs1429.00	x
2022-03-31	Rs304.37	Rs1429.00	x
2023-03-31	Rs340.84	Rs1429.00	x
2024-03-31	Rs458.68	Rs1429.00	x
2025-03-31	Rs477.56	Rs1429.00	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	Rs6.02 Million
2004	616.51%	15.22%	4.10x	9.88x	Rs32.33 Million
2005	174.54%	42.31%	2.72x	1.52x	Rs105.80 Million
2006	200.25%	50.94%	1.84x	2.14x	Rs228.43 Million
2007	138.05%	47.05%	2.42x	1.21x	Rs375.84 Million
2008	33.58%	36.65%	0.73x	1.26x	Rs313.07 Million
2009	37.30%	31.32%	0.92x	1.29x	Rs452.17 Million
2010	36.79%	28.61%	1.04x	1.24x	Rs535.49 Million
2011	51.36%	35.79%	0.97x	1.48x	Rs986.01 Million
2012	46.55%	33.79%	1.02x	1.34x	Rs1.25 Billion
2013	39.15%	25.98%	1.10x	1.37x	Rs1.28 Billion
2014	43.41%	30.40%	1.06x	1.34x	Rs1.97 Billion
2015	32.13%	24.38%	0.98x	1.34x	Rs1.58 Billion
2016	33.42%	27.62%	1.04x	1.16x	Rs2.54 Billion
2017	29.13%	26.62%	0.95x	1.15x	Rs2.32 Billion
2018	24.07%	21.41%	0.95x	1.19x	Rs1.69 Billion
2019	16.53%	16.33%	0.88x	1.16x	Rs901.33 Million
2020	16.00%	14.55%	0.83x	1.33x	Rs783.62 Million
2021	18.83%	18.06%	0.78x	1.34x	Rs1.32 Billion
2022	26.63%	19.32%	1.04x	1.32x	Rs2.61 Billion
2023	28.50%	18.46%	1.16x	1.33x	Rs3.17 Billion
2024	22.76%	17.48%	1.00x	1.30x	Rs2.87 Billion
2025	23.47%	16.08%	1.07x	1.36x	Rs3.11 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: $1,245,774,409
Average return on equity (ROE) among peers: 11.95%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
eClerx Services Limited (ECLERX)	Rs26.27 Billion	85.14%	0.34x	$715.66 Million
AAA Technologies Limited (AAATECH)	$253.85 Million	11.30%	0.09x	$13.80 Million
Accelya Solutions India Limited (ACCELYA)	$1.80 Billion	49.66%	0.42x	$187.02 Million
Adroit Infotech Limited (ADROITINFO)	$159.54 Million	-2.39%	0.01x	$5.85 Million
Airan Limited (AIRAN)	$188.59 Million	6.62%	0.62x	$22.15 Million
Alankit Limited (ALANKIT)	$3.75 Million	22.76%	4.62x	$27.04 Million
Bartronics India Limited (ASMS)	$664.69 Million	-75.68%	23.36x	$25.79 Million
BIRLASOFT LIMITED (BSOFT)	$1.42 Billion	22.91%	0.88x	$1.11 Billion
Computer Age Management Services Limited (CAMS)	$7.82 Billion	36.45%	0.40x	$1.98 Billion
Cigniti Technologies Limited (CIGNITITEC)	$115.76 Million	0.58%	0.23x	$351.04 Million
Cambridge Technology Enterprises Limited (CTE)	$29.18 Million	47.30%	0.49x	$6.93 Million

About eClerx Services Limited

NSE:ECLERX India Information Technology Services

Market Cap

$715.66 Million

Rs66.18 Billion INR

Market Cap Rank

#10733 Global

#512 in India

Share Price

Rs1429.00

Change (1 day)

+0.90%

52-Week Range

Rs1387.20 - Rs4947.00

All Time High

Rs4947.00