eClerx Services Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook

eClerx Services share price prediction 2027 comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 1,866.80 on NSE as of 9 October 2026, 25.3% below its 52-week high of Rs 2,497.50, after the company reported net profit of Rs 706.47 crore for FY26.

This eClerx Services stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.

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eClerx Services Share Price Today and Key Data

The eClerx Services share price today is Rs 1,866.80 on NSE, up 1.08% on the day. The market capitalisation stands at Rs 17,300 crore. Over the past year the price has fallen 5.9% from Rs 1,984.50. Every eClerx Services stock forecast figure below starts from this price.

Metric	Value
Company	eClerx Services (ECLERX)
Current Price	Rs 1,866.80
52-Week High	Rs 2,497.50 (3 February 2026)
52-Week Low	Rs 1,320.00 (30 June 2026)
Market Cap	Rs 17,300 crore
PE Ratio	23.73
Industry PE	17.30
PB Ratio	5.93
EPS (TTM)	Rs 77.53
Return on Equity	27.57%
Debt to Equity	0.15
Dividend Yield	0.05%
Book Value per Share	Rs 310.08

What Is the eClerx Services Share Price Prediction for 2027?

The eClerx Services share price prediction for 2027 is a conservative case of Rs 2,147, a base case of Rs 2,240 and a bull case of Rs 2,334. Against Rs 1,866.80, these imply 15.0% upside, 20.0% upside and 25.0% upside. They are model scenarios built from reported EPS growth, not broker targets.

Scenario	EPS Growth Basis	EPS Estimate	PE Multiple	Implied Value	Upside vs Current Price
Conservative Case	Lower of FY26 growth (32.8%) and 4-year CAGR (16.0%) (capped at 15%)	Rs 89.16 (+15.0%)	Unchanged from today (price to EPS ratio kept constant)	Rs 2,147	+15.0%
Base Case	Average of the two (capped at 20%)	Rs 93.04 (+20.0%)	Unchanged from today (price to EPS ratio kept constant)	Rs 2,240	+20.0%
Bull Case	Higher of the two (capped at 25%)	Rs 96.91 (+25.0%)	Unchanged from today (price to EPS ratio kept constant)	Rs 2,334	+25.0%

Each target takes today's price of Rs 1,866.80 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. Together they form the eClerx Services target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.

eClerx Services Share Price Forecast: What Has to Go Right by 2027

Each eClerx Services target price below depends on a specific EPS outcome, and the text states that outcome next to the number.

Conservative Case for the eClerx Services Share Price Target: Rs 2,147

Reaching Rs 2,147 needs EPS to rise 15.0% to Rs 89.16 while the stock keeps its current PE multiple. That follows the slower 4-year EPS CAGR of 16.0%.

Base Case for the eClerx Services Share Price Target: Rs 2,240

Reaching Rs 2,240 needs EPS to rise 20.0% to Rs 93.04, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of 16.0% in Q1 FY27 is below that pace, so earnings need to speed up to reach this level.

Bull Case for the eClerx Services Share Price Target: Rs 2,334

Reaching Rs 2,334 needs EPS to rise 25.0% to Rs 96.91 with the PE multiple held at today's level. That sits inside the 52-week range of Rs 1,320.00 to Rs 2,497.50. A daily close above the nearest resistance level of Rs 1,884.71 (50-day SMA) would be the first technical confirmation.

eClerx Services Financial Performance: Revenue, Profit and Margins

eClerx Services earned net profit of Rs 706.47 crore on revenue of Rs 4,218.21 crore in FY26, with profit up 30.5% and revenue up 22.2% compared with FY25. Diluted EPS was Rs 74.42 against Rs 56.04 a year earlier, and that earnings base anchors the eClerx Services share price forecast. Earlier-year EPS in the table below is restated for the company's share split or bonus issue, so every year sits on the current share count.

Year	Revenue (Rs Cr)	Net Profit (Rs Cr)	EPS (Rs)	Operating Margin	Net Margin
FY22	2,184.96	417.76	41.14	31.77%	19.12%
FY23	2,713.85	489.18	49.31	29.80%	18.03%
FY24	2,991.18	511.73	52.98	28.70%	17.11%
FY25	3,452.39	541.26	56.04	26.62%	15.68%
FY26	4,218.21	706.47	74.42	28.04%	16.75%

In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 1,170.22 crore against Rs 945.11 crore a year earlier (+23.8%), and the bottom line was a net profit of Rs 164.24 crore against a net profit of Rs 141.55 crore (+16.0%). Operating margin was 24.57% versus 25.11% in the year-ago quarter. Cash flow from operations was Rs 873.47 crore in FY26 against Rs 654.62 crore in FY25. Together these figures set the earnings base for the eClerx Services share price prediction.

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Is eClerx Services Overvalued or Undervalued Right Now?

eClerx Services trades at a PE of 23.73 against an industry PE of 17.30, which places the stock at a 37.2% premium to the industry average. The price-to-book ratio is 5.93 on a book value of Rs 310.08 per share. Return on equity of 27.57% means the company earns Rs 27.57 of profit for every Rs 100 of shareholder equity.

Debt to equity is 0.15, so borrowings equal about 15% of shareholder equity. The company declared a dividend of Rs 1.00 per share for FY26, a yield of 0.05% at the current price. This valuation context frames the eClerx Services stock price prediction for 2027 without relying on any outside forecast.

eClerx Services Stock Analysis: Technical Outlook

eClerx Services stock trades below its 50-day SMA of Rs 1,884.71 and above its 200-day EMA of Rs 1,787.66, and the combined daily indicators read mildly bearish. The 52-week high of Rs 2,497.50 was set on 3 February 2026, while the 52-week low of Rs 1,320.00 came on 30 June 2026.

Indicator	Reading	Signal
RSI (14)	45.31	Neutral
MACD (12,26,9)	-7.16 vs signal -4.24	Bearish
ADX (14)	11.48	Weak trend
Supertrend (10,3)	Price below Rs 1,984.56	Bearish
50-day SMA	Rs 1,884.71	Price below
200-day EMA	Rs 1,787.66	Price above

The nearest support level sits at Rs 1,787.66 (200-day EMA) and Rs 1,320.00 (52-week low). The nearest resistance level sits at Rs 1,884.71 (50-day SMA) and Rs 1,984.56 (Supertrend). A sustained move above the nearest resistance would support the eClerx Services share price prediction 2027 base case, and this eClerx Services stock analysis uses daily candles only. Chart signals add context to the eClerx Services share price target without changing the earnings maths.

eClerx Services Shareholding Pattern

Promoters hold 54.52% of eClerx Services as of Jun 2026, up from 53.81% in Sep 2025 across the last 5 quarters. FII holding is 11.00% (up from 10.95% in Sep 2025) and DII holding is 23.84% (down from 25.72% in Sep 2025), which puts combined institutional holding at 34.84%. Public shareholders own 10.63%. Shareholding data is one input for any eClerx Services stock forecast.

Key Risks to the eClerx Services Share Price Target for 2027

Earnings and Margin Risk

Operating margin has ranged from 26.62% to 31.77% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the eClerx Services stock forecast. Revenue was up 22.2% in FY26, and slower revenue growth would weigh on the profit path.

Valuation Risk

The PE of 23.73 is 37.2% above the industry PE of 17.30. Every target here holds the multiple constant, so a narrowing of that premium would leave returns below these targets even if earnings grow as assumed.

Size and Liquidity Risk

Market capitalisation stands at Rs 17,300 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any eClerx Services stock price target.

Balance Sheet Risk

Debt to equity of 0.15 means borrowings stand at about 15% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the eClerx Services share price forecast.

Technical Risk

The daily indicators read mildly bearish, so the targets above may need a technical turn before the price follows earnings. A daily close below Rs 1,787.66 (200-day EMA) would weaken the setup further.

Conclusion

This eClerx Services stock analysis puts the share price target range for 2027 at Rs 2,147 to Rs 2,334, with a base case of Rs 2,240 against Rs 1,866.80 today. The inputs are a PE of 23.73 that sits at a 37.2% premium to the industry average, EPS growth of 32.8% in FY26 and a daily technical setup that reads mildly bearish. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.

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Frequently Asked Questions on eClerx Services Share Price Prediction 2027

What is the eClerx Services share price target for 2027?

Ans. The eClerx Services share price forecast for 2027 has a conservative case of Rs 2,147, a base case of Rs 2,240 and a bull case of Rs 2,334. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.

What is the eClerx Services share price today?

Ans. eClerx Services trades at Rs 1,866.80 on NSE as of 9 October 2026, up 1.08% on the day. The 52-week range is Rs 1,320.00 to Rs 2,497.50.

Is eClerx Services a good stock to buy for 2027?

Ans. The data points in different directions: the PE of 23.73 is at a 37.2% premium to the industry average, EPS grew 32.8% in FY26 and the daily technical setup reads mildly bearish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.

Can eClerx Services stock reach Rs 2,334 in 2027?

Ans. Reaching Rs 2,334 needs EPS to rise 25.0% from Rs 77.53 with the PE multiple held at today's level, plus a daily close above Rs 1,884.71 (50-day SMA). This is a scenario, not a guarantee.

What are the support and resistance levels for eClerx Services?

Ans. The nearest support levels are Rs 1,787.66 (200-day EMA) and Rs 1,320.00 (52-week low), and the nearest resistance levels are Rs 1,884.71 (50-day SMA) and Rs 1,984.56 (Supertrend).

What are the main risks for eClerx Services stock in 2027?

Ans. The main risks to the eClerx Services share price forecast are a fall in operating margin from the 26.62% to 31.77% range seen since FY22, slower revenue growth after FY26 revenue was up 22.2%, and thin trading volumes. Debt to equity of 0.15 adds balance sheet sensitivity.

How is the eClerx Services target price for 2027 calculated?

Ans. Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 15.0% growth, the base case 20.0% and the bull case 25.0%, all drawn from the company's reported FY26 and 4-year EPS growth.