eClerx Services (NSE:ECLERX) EBIT: ₹9,773 Mil (TTM As of Mar. 2026)


NSE:ECLERX eClerx Services Ltd NSE:ECLERX
88 GF Score
Price ₹1,404.50
GF Value ₹1,992.73
Valuation Significantly Undervalued
! 2 Warning Signs
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What is eClerx Services EBIT?

eClerx Services NSE:ECLERX +0.75% 88 EBIT is ₹9,773 Mil as of Mar. 2026. GuruFocus rates NSE:ECLERX with a GF Score™ of 88/100 and a GF Value™ of ₹1,992.73 (Significantly Undervalued). The stock has 2 warning signs investors should review.

eClerx Services's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹2,637 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹9,773 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. eClerx Services's annualized ROC % for the quarter that ended in Mar. 2026 was 30.27%. eClerx Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 149.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. eClerx Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.11%.


eClerx Services  (NSE:ECLERX) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

eClerx Services's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=9357.04 * ( 1 - 24.73% )/( (0 + 23267.7)/ 1 )
=7043.044008/23267.7
=30.27 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=36970.16 - 1217.47 - ( 12484.99 - max(0, 7067.77 - 24063.24+12484.99))
=23267.7

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

eClerx Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10547.6/( ( (0 + max(0, 0)) + (5438.42 + max(1636.87, 0)) )/ 1 )
=10547.6/( ( 0 + 7075.29 )/ 1 )
=10547.6/7075.29
=149.08 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6664.54 + 6.24 + 1428.59) - (1217.47 + 0 + 5245.03)
=1636.87

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

eClerx Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=9772.6/120508.968
=8.11 %

* 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 EBIT Related Terms


eClerx Services EBIT Historical Data

* Premium members only.

The historical data trend for eClerx Services's EBIT 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 EBIT Chart

eClerx Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,820.07 6,741.52 7,128.20 7,534.21 9,772.60

eClerx Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 2,095.43 1,977.48 2,557.98 2,600.24 2,636.90

NSE:ECLERX vs IBM, ACN, FISV: EBIT Comparison

For the Information Technology Services subindustry, eClerx Services's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Software Industry

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

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


NSE:ECLERX
88GF Score
eClerx Services Ltd NSE:ECLERX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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eClerx Services EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹9,773 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹9,773 Mil mean?
eClerx Services (NSE:ECLERX) has a EBIT of ₹9,773 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on eClerx Services.
Is eClerx Services' EBIT too high?
eClerx Services' current EBIT is ₹9,773 Mil. Overall, eClerx Services has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does eClerx Services' EBIT compare to IBM and ACN?
eClerx Services' EBIT of ₹9,773 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Software company?
A good EBIT depends on the Software industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on eClerx Services. eClerx Services's current EBIT is ₹9,773 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eClerx Services stock overvalued right now?
Based on GuruFocus' analysis, eClerx Services (NSE:ECLERX) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,992.73, compared to a current price of ₹1,404.50 — trading 29.5% below its estimated fair value. The current EBIT is ₹9,773 Mil. eClerx Services' overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For eClerx Services (NSE:ECLERX), the current EBIT is ₹9,773 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

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

Based on GuruFocus' analysis, eClerx Services stock appears to be undervalued. The current stock price of ₹1,404.50 is trading 29.5% below its estimated GF Value™ of ₹1,992.73. GuruFocus considers eClerx Services to be Significantly Undervalued.

Key valuation signals for NSE:ECLERX:

  • EBIT: ₹9,773 Mil
  • GF Value™: ₹1,992.73 vs. price of ₹1,404.50 (29.5% below fair value)
  • GF Score™: 88/100 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.
88GF Score

Get the complete analysis for NSE:ECLERX

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

₹1,404.50
Price
₹1,992.73
GF Value