eClerx Services (NSE:ECLERX) Debt-to-Equity: N/A (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ECLERX eClerx Services Ltd NSE:ECLERX
94 GF Score
Price ₹1,815.70
GF Value ₹2,064.18
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is eClerx Services Debt-to-Equity?

eClerx Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. eClerx Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. eClerx Services's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for eClerx Services's Debt-to-Equity or its related term are showing as below:

NSE:ECLERX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.11   Max: 0.16
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of eClerx Services was 0.16. The lowest was 0.00. And the median was 0.11.

NSE:ECLERX's Debt-to-Equity is ranked better than
56.76% of 2250 companies
in the Software industry
Industry Median: 0.19 vs NSE:ECLERX: 0.15

eClerx Services  (NSE:ECLERX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

eClerx Services Debt-to-Equity Related Terms

eClerx Services Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for eClerx Services's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

eClerx Services Debt-to-Equity Chart

eClerx Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.11 0.12 0.16 0.15

eClerx Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.15 N/A 0.15 N/A

NSE:ECLERX vs IBM, ACN, FISV: Debt-to-Equity Comparison

For the Information Technology Services subindustry, eClerx Services's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

eClerx Services Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, eClerx Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where eClerx Services's Debt-to-Equity falls into.


NSE:ECLERX
94GF Score
eClerx Services Ltd NSE:ECLERX
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

eClerx Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

eClerx Services's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(605.27 + 3244.25) / 25613.98
=0.15

eClerx Services's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is eClerx Services (NSE:ECLERX) Overvalued in 2026?

Based on GuruFocus' analysis, eClerx Services stock appears to be undervalued. The current stock price of ₹1,815.70 is trading 12% below its estimated GF Value™ of ₹2,064.18. GuruFocus considers eClerx Services to be Modestly Undervalued.

Key valuation signals for NSE:ECLERX:

  • Debt-to-Equity: N/A
  • GF Value™: ₹2,064.18 vs. price of ₹1,815.70 (12% below fair value)
  • GF Score™: 94/100 with 2 warning signs

No single metric tells the full story. See the NSE:ECLERX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

eClerx Services Business Description

Other Exchanges 532927:India
Address Nariman Point, 4th Floor, Express Towers, Mumbai, MH, IND, 400 021
eClerx Services Ltd provides a variety of information technology, or IT, and knowledge and business process outsourcing services. The firm's financial services include expense management and accounting and finance, digital marketing services that include customer relationship management and business intelligence, market intelligence, financial market operations, finance and accounting, and other services. The geographical segments of the company are North America, United Kingdom, Europe, and Asia Pacific.
94GF Score

Get the complete analysis for NSE:ECLERX

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,815.70
Price
₹2,064.18
GF Value