StoxFirstsource Solutions vs eClerx Services: share price & financials comparison
NSE: FSL vs ECLERX · Services · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Firstsource Solutions vs eClerx Services at a glance
Firstsource Solutions (FSL) has a market capitalisation of ₹20,467 Cr, against ₹14,686 Cr for eClerx Services (ECLERX). Over the past year Firstsource Solutions has returned -15.8%, compared with -31.0% for eClerx Services. On valuation, eClerx Services trades at a lower P/E of 20.2 versus 28.3. eClerx Services earns a higher return on equity (24.9% vs 14.8%). Firstsource Solutions comes out ahead on valuation, growth, momentum and technicals. eClerx Services comes out ahead on size and profitability. Across the scored metrics below, Firstsource Solutions leads on 10 and eClerx Services on 7. On StoxGud's 10-point checklist, Firstsource Solutions scores 7/10 and eClerx Services scores 6/10.
| Metric | Firstsource Solutions | eClerx Services |
|---|---|---|
| Size | ||
| Market cap | ₹20,467 Cr | ₹14,686 Cr |
| Revenue (latest FY) | ₹9,556 Cr | ₹4,117 Cr |
| Net profit (latest FY) | ₹674 Cr | ₹706 Cr |
| Valuation | ||
| P/E | 28.3 | 20.2 |
| P/B | 4.20 | 5.04 |
| Dividend yield | 1.86% | 0.03% |
| Profitability | ||
| Return on equity | 14.8% | 24.9% |
| Net profit margin | 6.8% | 16.1% |
| Operating margin | 16.6% | 24.5% |
| Growth | ||
| Revenue growth (YoY) | +22.2% | +18.3% |
| Net profit growth (YoY) | +29.7% | -1.5% |
| Revenue CAGR (multi-year) | +13.5% | +21.4% |
| Financial health | ||
| Debt to equity | 0.40 | 0.00 |
| Momentum | ||
| 1-month return | +13.3% | -15.6% |
| 1-year return | -15.8% | -31.0% |
| 3-year CAGR | +22.5% | +16.1% |
| 5-year CAGR | +7.8% | +15.3% |
| 10-year CAGR | +22.8% | +12.3% |
| Distance from 52W high | -20.0% | -35.3% |
| Technicals | ||
| RSI (14) | 59 | 18 |
| Price vs 200-day avg | +13.3% | -7.2% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Firstsource Solutions | eClerx Services |
|---|---|---|
| Price above 50-day average | ✓ | ✗ |
| Price above 200-day average | ✓ | ✗ |
| 50-day average above 200-day (uptrend) | ✓ | ✓ |
| RSI in healthy 40–70 zone | ✓ | ✗ |
| Positive 1-year return | ✗ | ✗ |
| Return on equity above 15% | ✗ | ✓ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✓ |
| P/E below industry median | ✓ | ✓ |
| Score | 7/10 | 6/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Firstsource Solutions or eClerx Services?
Firstsource Solutions has a market cap of ₹20,467 Cr and eClerx Services has a market cap of ₹14,686 Cr as of 06 Nov 2026.
Which has a lower P/E, Firstsource Solutions or eClerx Services?
eClerx Services has the lower P/E: Firstsource Solutions trades at 28.3 and eClerx Services at 20.2.
Which gave better returns in the last year, Firstsource Solutions or eClerx Services?
Firstsource Solutions did better: Firstsource Solutions returned -15.8% and eClerx Services returned -31.0% over one year.
Is Firstsource Solutions or eClerx Services a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Firstsource Solutions scores 7/10 and eClerx Services scores 6/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.