eClerx Q2 | Annual Contract Value Of New Deals At 7-Quarter Low | CNBC TV18
CNBC-TV18 · 02 Nov 2026 · 8 min
Management interview of eClerx Services Ltd (ECLERX), with 2 key numbers discussed.
- Srinivasan Nadadhur, CFO, eClerx Services Ltd
eClerx reported softer Q2 deal wins due to tight customer budgets, client delays, and deal slippages into Q3. However, the company remains confident in matching or exceeding its prior full-year deal win numbers as H2 improves. For FY27, EBITDA margins are expected to track between 24% and 26%. Recovery in BFSI is supported by AI-enabled compliance tools and short-term wins despite muted volumes from existing clients. Capital allocation remains flexible, with both M&A and potential shareholder returns on the table.