Technology
Business
Economics
Finance
Business Updates
CAPEX and Depreciation
CFO Change
Cross Selling Deals
Demand Driver
Customer Support Services
Market Business
E-Clerx conducted the conference call for Q3 FY22
Here are the conference call highlights
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Here are the conference call highlights
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Business Updates:
โข CAPEX & Depreciation is likely to increase as work from office is beginning.
โข Current CFO has been on sabbatical leave and new CFO is Mr. Srinivasan.
โข Post Personiv deal, cross selling deal is coming both in India & Philippines market (4 deals closed)
โข CAPEX & Depreciation is likely to increase as work from office is beginning.
โข Current CFO has been on sabbatical leave and new CFO is Mr. Srinivasan.
โข Post Personiv deal, cross selling deal is coming both in India & Philippines market (4 deals closed)
Demand driver:
โข Customer Support Services is showing fair amount of demand.
โข Market business is also showing good demand.
โข Customer Support Services is showing fair amount of demand.
โข Market business is also showing good demand.
Growth Driver:
โข Business verticals are growing well, especially from the financial market side resulting in increasing revenue.
โข Onshare capabilities and platform capabilities is showing demand, resulting in addition of client addition.
โข Business verticals are growing well, especially from the financial market side resulting in increasing revenue.
โข Onshare capabilities and platform capabilities is showing demand, resulting in addition of client addition.
Margins:
โข In near term, mgmt don't expect much volatility in the margins.
โข While in next financial year, mgmt expects margins to remain volatile due to wage hikes, depreciation expense & travel expense.
โข Mgmt targeted EBIDTA to be in range of 28-32%.
โข In near term, mgmt don't expect much volatility in the margins.
โข While in next financial year, mgmt expects margins to remain volatile due to wage hikes, depreciation expense & travel expense.
โข Mgmt targeted EBIDTA to be in range of 28-32%.
Employee Headcount:
โข Hired net 540 employees in Q3
โข Tech has been fastest growth segment, but with lower base
โข Tech service of E-Clerx is growing well for which co. has increase the employee headcount
โข Mgmt expect the last quarter attrition rate to be top for next year.
โข Hired net 540 employees in Q3
โข Tech has been fastest growth segment, but with lower base
โข Tech service of E-Clerx is growing well for which co. has increase the employee headcount
โข Mgmt expect the last quarter attrition rate to be top for next year.
Other:
โข 50 Million one time charge for Personiv.
โข Cash: 624.8cr in Q3 FY22 vs 805.2 cr for Q2 FY22 due to buyback.
โข DSO remains at last quarter.
โข For M&A, e-Clerx is always open if acquisition is in their framework.
โข 50 Million one time charge for Personiv.
โข Cash: 624.8cr in Q3 FY22 vs 805.2 cr for Q2 FY22 due to buyback.
โข DSO remains at last quarter.
โข For M&A, e-Clerx is always open if acquisition is in their framework.
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