Eclerx Services Limited · NSE:ECLERX
Eclerx Services — Q2 FY27 Earnings Presentation
13 slides from Eclerx Services's earnings presentation, Oct 28, 2026
Slide 1: Financial Performance – Q2 FY27
OCTOBER 2026 INVESTOR RELATIONS FINANCIAL PERFORMANCE – Q2 FY27 OCTOBER 28, 2026
Slide 2: Financial Summary
Financial Summary Metrics FY27 Q2 Q-o-Q FY27 H1 Y-o-Y OPG revenue (USD mm) $127.7 1.5% $253.6 12.8% Revenue OPG revenue (INR mm) 11,887 3.2% 23,410 20.7% Total revenue (INR mm) 12,126 3.6% 23,829 20.3% OPG EBITDA (INR mm) 2,839 7.0% 5,491 11.6% EBITDA (INR mm) 3,079 8.8% 5,910 10.9% Profit EBIT (INR
Slide 3: Key Financial Indicators (1)
Key Financial Indicators (1) OPG Revenue in INR (Mn) EBITDA (INR Mn) 41,170 14,000 12,000 11,526 33,659 11,073 10,000 8,946 3,121 8,983 8,404 23,410 8,097 Q4 10,703 8,000 2,505 2,119 2,186 Q3 8,538 3,075 5,910 11,887 6,000 Q2 29,225 2,084 2,280 2,281 26,479 10,049 8,318 4,000 3,079 Q1 2,983 2,023 2,
Slide 4: Key Financial Indicators (2)
Key Financial Indicators (2) Cash and Cash Equivalents and Net Operating Cash Book value and Cash & Cash Equivalents (INR) flow (INR Mn) 318 300 14,318 278 12,810 12,589 246 233 10,839 10,508 179 8,729 156 6,563 6,546 139 137 5,259 112 112 5,050 68 2,694 1,073 FY23 FY24 FY25* FY26* Q1 FY27 Q2 FY27 F
Slide 5: Other Income
Other Income Figures in INR millions. Other Income FY27 Q2 FY27 Q1 FY26 Q4 FY26 Q3 FY26 Q2 Investment Income 106.3 98.8 122.1 124.0 108.4 Revaluation Income* 90.3 35.7 105.7 64.1 186.1 Others 43.3 44.1 53.0 125.3 9.4 Total 239.9 178.6 280.8 313.4 303.9 * Gain / Loss regrouped as other income/expense
Slide 6: Revenue, A&A and ACV
Amounts in $ mm Revenue, A&A and ACV Revenue by Industries A&A Revenue Q1'26 Q2’26 Q3’26 Q4’26 FY26 Q1’27 Q2’27 89.5 BFSI 43.2% 41.4% 40.1% 38.7% 40.8% 37.6% 38.1% 73.2 24.2 65.3 61.9 CMT 25.4% 25.9% 25.0% 26.6% 25.7% 26.2% 25.8% 19.0 20.0 53.1 16.2 23.6 HiTech and M&D 16.5% 16.7% 16.8% 16.0% 16.5%
Slide 7: Hedge Updates
Hedge Updates Current Hedge Status • Current total outstanding hedges at $282.7 mm at average INR 95.46/$; 100% forwards Contract Year Currency Amount (mm) Avg. Rate (INR) FY26 Q2 $52.80 85.94 FY26 Q3 $52.80 86.22 FY26 Q4 $47.60 87.38 Matured Forwards Total FY26 USD $206.00 $86.17 FY27 Q1 $60.40 88.
Slide 8: P&L Comparison
P&L Comparison Figures in INR millions. Operating P&L FY27 Q2 OPR (%) FY27 Q1 OPR (%) Operating Revenue $ $127.7 $125.9 Total Revenue* 12,126 11,702 Operating Revenue 11,887 11,524 Cost of Revenues Delivery and Support Employees Cost 6,470 54.4% 6,401 55.6% General and Administrative Expenses Facili
Slide 9: Key Revenue Metrics
Key Revenue Metrics FY27 Q2 FY27 Q1 FY26 Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY25 Q4 FY25 Q3 FY25 Q2 USD 88% 87% 86% 86% 86% 86% 86% 86% 87% Currency EURO 7% 8% 8% 8% 8% 8% 8% 8% 8% Contribution (%) GBP 3% 3% 3% 3% 3% 3% 3% 3% 3% Others 2% 2% 3% 3% 3% 3% 3% 3% 2% North America 82% 78% 78% 80% 80% 79% 78% 76%
Slide 10: Revenue Mix Trends ($mm)
Revenue Mix Trends ($mm) $7.0 (1.7%) $7.6 9.2% $7.4 (3.3%) $7.8 0.3% $44.0 22.3% $7.1 (8.6%) 20.0% $42.8 28.8% $40.8 34.6% $42.1 41.0% 7.6% 5.6% $36.0 27.2% 23.6% 21.6% 19.9% 28.3% 35.1% 27.0% 56.1% $76.7 5.9% $72.6 7.9% $75.4 9.3% $72.4 15.4% $73.5 17.3% 12.5% 19.7% 17.7% 30.8% FY26 Q2 FY26 Q3 FY26
Slide 11: Key Headcount Metrics
Key Headcount Metrics FY27 Q2 FY27 Q1 FY26 Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY25 Q4 FY25 Q3 FY25 Q2 Staff Utilization (Delivery) Staff Utilization (Delivery) 74.9% 75.5% 74.2% 76.5% 75.1% 72.8% 73.2% 73.2% 74.1% Offshore Delivery 19,029 18,305 18,586 18,147 17,754 16,865 15,925 15,260 14,861 Onshore Deliv
Slide 12: Balance Sheet Abstract
Balance Sheet Abstract Figures in INR millions. Particulars September 30, 2026 March 31, 2026 % Change Shareholder's Funds Capital 918 920 0% Minority Interest 30 28 4% Reserves and Surplus 28,234 24,694 14% Total Shareholder's Funds 29,181 25,642 14% Application of Funds Fixed Assets 7,699 7,228 7%
Slide 13: 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