Thursday, January 10, 2013

Why eClerx Is A Hot Buy?

About eClerx
eClerx provides an expert outsourcing option for managers of financial institutions who demand accuracy, regulatory compliance, and cost efficiency.
eClerx is known for its mastery of the processes, regulations, and infrastructure that are the backbone of today's global financial organizations. Look to eClerx as your Knowledge Process Outsourcing partner for trade support and validation, settlements and clearing, asset servicing, risk management and reconciliation, metrics and reporting, expense management, or special projects. With 150 Business Analysts and Project Managers, eClerx can help you analyze and streamline processes, as well as carry out full deployments from analysis to go-live.

 One among the largest third party KPO focused firms in India
 Engagements supported core to our client businesses and non-discretionary 
 Long term contracts (2-3 years) with recurring revenues
 Highly specialized services based on deep domain proficiency in target industries
 Dedicated in-house technology team builds proprietary workflow tools and 
 In-house training school with 2,500+ courses spanning specializations
 Cutting edge infrastructure and proven information security practices


The company has seen revenue from its top five clients grow steadily from 2009; they now account for 80 per cent of its overall revenues. This indicates that the company has been able to mine its existing large-clients effectively.
eClerx acquired Agilyst, an US-based KPO player, in April this year. In addition to helping it penetrate the US market, this acquisition gives the company more clients to work with.
Agilyst does business servicing of several US-based cable companies and is expected to deliver about $14 million in revenues for the current fiscal.
eClerx would thus be enabled to broad-base its clientele by getting into the US media industry.
eClerx is a zero debt company like infosys. In this high interest rate scenario this is very important and for further biz expansion co is capable of investing with its reserve cash.
The promoters are holding 54.16% of stakes and Fii holds 20.31% stakes in eClerx.Management is pretty confident in co's future growth.General public holds only 9.99% in company.

 So I would like to add eClerx in my top buy list for SIP mode investments for another 5 years by  seeing more growth in future

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