*eClerx Services Ltd.* | *CMP* Rs. 2146 | *M Cap* Rs. 7487 Cr | *52 W H/L* 2457/669
(Nirmal Bang Retail Research)
Dollar revenue came at $ 69.2 mn vs expectation of $ 67 mn, QoQ $ 64.7 mn, YoY $ 48.5 mn
*Result is above expectations*
Revenue from Operations came at Rs. 523.2 Cr (7.6% QoQ, 45% YoY) vs expectation of Rs. 497.7 Cr, QoQ Rs. 486.3 Cr, YoY Rs. 360.8 Cr
EBIDTA came at Rs. 165 Cr (16.9% QoQ, 61.7% YoY) vs expectation of Rs. 156.5 Cr, QoQ Rs. 141.2 Cr, YoY Rs. 102 Cr
EBITDA Margin came at 31.5% vs expectation of 31.4%, QoQ 29%, YoY 28.3%
Adj. PAT came at Rs. 100.7 Cr vs expectation of Rs. 95.9 Cr, QoQ Rs. 91.3 Cr, YoY Rs. 61 Cr
Quarter EPS is Rs. 28.9
Share is trading at P/E of 17.6x FY23E EPS