eClerx ServicesNSE:ECLERX -4.22%88 Interest Coverage is 19.93 as of Mar. 2026, which is 26% below its 10-year median of 27.09. 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. Among 1,705 Software companies, eClerx Services ranks worse than 53.43% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. eClerx Services's
Operating Income
for the
three
months ended in Mar. 2026 was ₹2,339 Mil. eClerx Services's Interest Expense for the
three
months ended in Mar. 2026 was ₹-117 Mil.
eClerx Services's interest coverage for the quarter that ended in Mar. 2026 was 19.93.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for eClerx Services's Interest Coverage or its related term are showing as below:
NSE:ECLERX'
s Interest Coverage Range Over the Past 10 Years
Min: 13.67 Med: 27.09 Max: 16742.48
Current: 20.79
NSE:ECLERX's Interest Coverage is ranked worse than 53.43% of 1705
companies
in the Software industry
Industry Median: 24.78
vs NSE:ECLERX: 20.79
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
eClerx Services Interest Coverage Related Terms
eClerx Services Interest Coverage Historical Data
* Premium members only.
The historical data trend for eClerx Services's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NSE:ECLERX vs IBM, ACN, FISV: Interest Coverage Comparison
For the Information Technology Services subindustry, eClerx Services's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Software Industry
For the Software industry and Technology sector, eClerx Services's Interest Coverage distribution charts can be found below:
* The bar in red indicates where eClerx Services's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (NSE:ECLERX) has a Interest Coverage of 19.93 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on eClerx Services and its competitors. This is 26% below median its historical median of 27.09. Over the past decade, eClerx Services' Interest Coverage has ranged from 13.67 to 16,742.48. According to the industry distribution chart, eClerx Services ranks #911 out of 1705 companies in the Software industry, placing it in the top 53.4%.
Is eClerx Services' Interest Coverage too high?
eClerx Services' current Interest Coverage of 19.93 is 26% below median its 10-year median of 27.09. Over the past 10 years, this metric has ranged from a low of 13.67 to a high of 16,742.48. The Software industry median Interest Coverage is 24.78. eClerx Services' value of 19.93 is 19.6% below this industry median. Based on the distribution chart, eClerx Services ranks #911 out of 1705 companies in the Software industry, which is below the industry midpoint. 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' Interest Coverage compare to IBM and ACN?
According to the Software industry distribution chart, eClerx Services ranks #911 out of 1705 companies for Interest Coverage. This places eClerx Services in the lower half of its industry. The industry median Interest Coverage is 24.78. eClerx Services' value of 19.93 is 19.6% below this benchmark. Historically, eClerx Services' own Interest Coverage has ranged from 13.67 to 16,742.48 over the past decade. While the company's 10-year median is 27.09 vs. the industry median of 24.78, eClerx Services has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Software company?
The median Interest Coverage among Software companies is 24.78, based on 1,705 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. eClerx Services's current Interest Coverage of 19.93 is 19.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on eClerx Services and its competitors. For the Software industry, the median Interest Coverage is 24.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eClerx Services's current Interest Coverage is 19.93, which is 26% below median its own 10-year median of 27.09. 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 ₹1,345.30 — trading 32.5% below its estimated fair value. The current Interest Coverage is 19.93, which is 26% below median its 10-year median of 27.09 and 19.6% below the Software industry median of 24.78. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For eClerx Services (NSE:ECLERX), the current Interest Coverage is 19.93 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 ₹1,345.30 is trading 32.5% below its estimated GF Value™ of ₹1,992.73.
GuruFocus considers eClerx Services to be Significantly Undervalued.
Key valuation signals for NSE:ECLERX:
Interest Coverage: 19.93 (26% below median its 10-year median of 27.09)
GF Value™: ₹1,992.73 vs. price of ₹1,345.30 (32.5% below fair value)
Industry Position: 19.6% below the Software median (#911 of 1705)
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 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
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ECLERX has been successfully added to your 
