Published on 27/10/2025 05:29 PM
eClerx Services Share Price: Shares of eClerx Services surged 8 per cent on Monday's trading session after the company reported strong financial performance in the September quarter of the financial year 2026 (FY26).
In addition, the company also approved a buyback of shares through a tender route, with plans to repurchase shares worth around Rs 300 crore at a price of approximately Rs 4,500 per share.
The stock of eClerx Services closed at Rs 4,830, up by 8.62 per cent on NSE, hitting its all-time high in today's session.
eClerx Services reported a strong performance for the quarter ended September 30, 2025.
The company's revenue from operations increased by 20.8 per cent to Rs 10,048.51 crore from Rs 8,318.36 crore in the previous year.
The profit after tax (PAT) also rose by 32 per cent to Rs 183.2 crore year-on-year (YoY).
The company also saw a significant improvement in EBITDA, which grew by 25.7 per cent, and its EBITDA margin improved slightly to 27 per cent, up from 25.9 per cent in the previous period.
During their meeting on October 24, 2025, the company's Board of Directors approved a share buyback proposal. Here are the buyback details:
1) Buyback size: The company intends to repurchase up to 666,666 fully paid equity shares of the face value of Rs 10 each at a maximum cost of Rs 3,000 million (Rs 300 crore).
The amount does not cover the buyback's associated expenses, which are the brokerage fees, taxes, advisory fees, stamping duties, and other costs that together form the total of 'transaction costs.'
2) Proportion of total capital: The buyback amount equals 21.08 per cent of the paid-up equity share capital of the company, and a reserve of 13.80 per cent is drawn from the last audited financial statements for the year ending 31 March 2025.
3) Buyback price: The buyback per share price will be Rs 4,500 apiece. The buyback payment will be made in cash.
4) Buyback method: The buyback will be done through a tender offer method route where the shareholders have an option to sell their shares back to the company.
The process will be based on the proportionate method as per the Securities and Exchange Board of India (SEBI) Buy-Back Regulations, 2018.
5) Small shareholders' reservation: 15 per cent of the total shares proposed for buyback or the number of shares small shareholders are entitled to (based on their holdings on the record date), whichever is higher, will be reserved for small shareholders.
6) Record date: The record date for the buyback, which establishes the eligible shareholders, will be set at a later time by the company's Board or Buyback Committee.
"The public announcement and other documents in relation to the Buy Back setting out the process, record date, timelines and other requisite details will also be released in due course in accordance with the SEBI Buy Back Regulations," the company said.
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