eClerx Services Ltd. shares came into focus on Thursday, January 29, after the company announced a bonus issue.
The stock surged nearly 5% in early trade, touching an intraday high of ₹4,624.
The rally was driven by the board’s decision to issue bonus shares in a 1:1 ratio, which means shareholders will receive one additional share for every share they already own.
Details of the Bonus Share Issue
Under the 1:1 bonus plan, investors holding eClerx shares on the record date will be eligible for the extra shares.
The company has not yet announced the record date.
The face value of each share remains ₹10.
As per regulations, the bonus shares will be credited to investors’ demat accounts within 60 days of the board’s approval.
This process is expected to be completed by March 27, 2026.
Fourth Bonus Issue by eClerx
This bonus issue marks the fourth time eClerx Services has rewarded its shareholders with bonus shares.
Earlier bonus issues were announced in:
September 2022 (1:2 ratio)
December 2012 (1:3 ratio)
July 2010 (1:2 ratio)
Apart from bonus issues, the company has also shown confidence in its business by conducting share buybacks.
The latest buyback was completed for equity shares maturing in December 2025, following an earlier buyback in July 2024.
Strong Share Price Performance
eClerx shares have delivered solid returns to investors.
Over the past six months, the stock has gained around 22%, while the one-year return stands close to 45%.
These gains reflect consistent performance and strong investor confidence in the company.
Company’s Financial Performance in December Quarter
eClerx reported strong financial results for the December quarter.
Revenue rose 6.47% quarter-on-quarter to ₹1,070 crore.
Net profit increased by nearly 40% year-on-year to ₹191.8 crore, showing healthy earnings growth.
EBITDA also grew 1.84% to ₹276.2 crore, though the EBITDA margin declined slightly from 26.99% to 25.81%.
Key Growth Segments
The company’s growth was supported by multiple business segments.
The emerging segment recorded the fastest quarterly growth at 30%, while the fashion segment grew by 9.1%.
Overall, strong financial performance and consistent shareholder rewards have helped keep eClerx in the spotlight.
