Eclerx Services Limited · NSE:ECLERX
Eclerx Services — Q1 FY26 Earnings Presentation
12 slides from Eclerx Services's earnings presentation, Jul 24, 2025
Slide 1: Financial Performance – Q1 FY26
JUL 2025 INVESTOR RELATIONS FINANCIAL PERFORMANCE – Q1 FY26 JUL 24, 2025
Slide 2: Financial Summary
Financial Summary Metrics FY26 Q1 Q-o-Q Y-o-Y OPG revenue (USD mm) 109.2 4.2% 17.1% Revenue OPG revenue (INR mm) 9,346 4.0% 19.5% Total revenue (INR mm) 9,451 3.1% 17.7% EBITDA (INR mm) 2,346 -6.3% 25.3% Profit EBIT (INR mm)* 1,977 -5.6% 27.1% Net profit (INR mm) 1,417 -6.9% 26.9% EBITDA (%) 24.8% -
Slide 3: Key Performance Indicators
Key Performance Indicators Revenue in INR (Mn) EBITDA (INR Mn) 3,000 16.6% 33,659 2,505 4-Year Revenue CAGR 2,500 2,280 2,288 2,281 2,346 29,255 2,189 2,186 from FY21 to FY25 26,479 2,000 1,873 21,603 1,750 15,645 1,500 9,346 1,000 500 - FY 21 FY 22 FY 23 FY 24 FY 25 Q1 FY26 Q1FY24 Q2FY24 Q3FY24 Q4F
Slide 4: Balance Sheet and Other Updates
Balance Sheet and Other Updates Cash and Cash Equivalents and Net Operating Book value and Cash & Cash Equivalents (INR) Cash flow (INR Mn) 530 10,839 474 491 10,258 10,205 466 357 6,805 6,563 6,546 5,050 5,259 225 218 217 4,482 206 137 223 FY22 FY23 FY24 FY25 Q1 FY26* FY22 FY23 FY24 FY25 Q1 FY26 Ca
Slide 5: Other Income
Other Income Figures in INR millions. Other Income FY26 Q1 FY25 Q4 FY25 Q3 FY25 Q2 FY25 Q1 Investment Income 105.5 100.7 86.0 88.1 147.3 Revaluation Income* -32.1 -33.7 106.0 1.4 6.8 Others 31.9 115.5 22.1 38.9 58.1 Total 105.3 182.5 214.0 128.3 212.2 * Gain / Loss regrouped as other income/expenses
Slide 6: Revenue, A&A and ACV
Amounts in $ mm Revenue, A&A and ACV Industries A&A Q1'25 Q2'25 Q3'25 Q4'25 FY25 Q1'26 BFSI 41.8% 43.8% 43.7% 43.7% 43.3% 43.2% 73.2 65.3 61.9 19.0 CMT 26.4% 26.1% 25.2% 25.7% 25.8% 20.0 25.4% 56.2 16.2 HiTech and M&D 16.8% 16.7% 16.2% 16.1% 16.4% 16.5% 19.8 16.2 Fashion & Luxury and Retail 10.3% 8.
Slide 7: Hedge Updates
Hedge Updates Current Hedge Status • Total outstanding hedges now $247.8 mm at average INR 87.18/$; 100% forwards Contract Year Currency Amount (mm) Avg. Rate (INR) FY25 Q1 $47.7 84.23 FY25 Q2 $47.7 84.38 FY25 Q3 $49.8 84.66 Matured Forwards FY25 Q4 $49.8 84.86 Total FY25 USD $195.0 84.54 FY26 Q1 $5
Slide 8: P&L Comparison
P&L Comparison Figures in INR millions. Operating P&L FY26 Q1 OPR (%) FY25 Q4 OPR (%) Operating Revenue $ 109.2 104.9 Total Revenue* 9,451 9,165 Operating Revenue 9,346 8,983 Cost of Revenues Delivery and Support Employees Cost 5,111 54.7% 4,605 51.3% General and Administrative Expenses Facilities (
Slide 9: Key Revenue Metrics
Key Revenue Metrics FY26 Q1 FY25 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY24 Q4 FY24 Q3 FY24 Q2 USD 86% 86% 86% 87% 86% 86% 84% 83% Currency EURO 8% 8% 8% 8% 9% 9% 9% 10% Contribution (%) GBP 3% 3% 3% 3% 3% 3% 3% 3% Others 3% 3% 3% 2% 2% 2% 4% 4% North America 79% 78% 76% 76% 75% 74% 74% 73% Geographic Concentr
Slide 10: Revenue Mix Trends ($mm)
Revenue Mix Trends ($mm) $7.0 $7.8 (6.8%) 20.0% $7.7 7.2%7.6% $33.2 $7.8 5.6% 19.1% 0.4% 3.0% $29.8 21.6% $7.5 23.6% $30.3 10.3% (3.0%) $28.3 19.9% 28.3% 3.1% 35.1% 0.9% $27.9 27.0% 3.3% 56.1% $69.0 $67.2 19.3% $62.8 $62.7 16.8% $57.9 21.1% 16.8% 17.7% 12.5% 19.7% 17.7% 30.8% FY25 Q1 FY25 Q2 FY25 Q3
Slide 11: Key Headcount Metrics
Key Headcount Metrics FY26 Q1 FY25 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY24 Q4 FY24 Q3 FY24 Q2 Staff Utilization (Delivery) Staff Utilization (Delivery) 72.8% 73.2% 73.2% 74.1% 72.1% 73.5% 73.9% 75.4% Offshore Delivery 16,865 15,925 15,260 14,861 14,921 14,690 14,496 13,791 Onshore Delivery 655 656 627 637 6
Slide 12: Thank You
Thank You This presentation contains forward-looking statements, inter-alia, to enable investors to comprehend company’s prospects and take informed investment decisions. This report and other statements - written and oral - that we periodically make, contain forward-looking statements that set out