Market cap
$6,507 Mln
Revenue (TTM)
$2,342 Mln
P/E Ratio
25.8
P/B Ratio
7
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 6.59 | 19.71 | 15.55 | 13.74 | 16.83 |
| EBIT | 4.45 | 16.80 | 12.47 | 15.49 | 18.62 |
| Net Profit | 6.60 | 18.24 | 7.94 | 13.95 | 17.04 |
| EPS | 6.79 | 25.33 | 13.32 | 16.99 | 19.37 |
| Book Value | -- | -- | -0.73 | 7.82 | 6.06 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 15.53 | 14.88 | 15.78 | 15.93 | 15.26 |
| Net Margin
| -- | 10.16 | 11.13 | -- | -- |
| Return on equity
| 23.82 | 21.48 | 30.54 | 27.25 | 21.80 |
| Return on Capital
| 17.29 | 15.28 | -- | 19.21 | 16.14 |
| Return on Assets
| 13.77 | 12.25 | 11.45 | 15.12 | 12.96 |
| Debt to Equity (x)
| -- | -- | 0.54 | 0.44 | 0.39 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
--
|
19.21
|
16.14
|
16.53
|
13.54
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
30.54
Higher than Peers by 16.86
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
30.54
|
27.25
|
21.80
|
22.40
|
19.70
|
|
Peer Median
|
13.67
|
--
|
--
|
--
|
--
|
ROA
11.45
Higher than Peers by 7.82
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
11.45
|
15.12
|
12.96
|
13.24
|
10.88
|
|
Peer Median
|
3.63
|
--
|
--
|
--
|
--
|
EBIT Margin
15.78
Higher than Peers by 5.26
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
15.78
|
15.93
|
15.26
|
15.40
|
14.05
|
|
Peer Median
|
10.52
|
--
|
--
|
--
|
--
|
Net Margin
11.13
Higher than Peers by 4.70
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
11.13
|
12.02
|
10.79
|
11.32
|
10.08
|
|
Peer Median
|
6.43
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
15.55
Higher than Peers by 7.44
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
15.55
|
0.14
|
0.13
|
0.15
|
0.26
|
|
Peer Median
|
8.12
|
--
|
--
|
--
|
--
|
EBIT Growth
12.47
Higher than Peers by 1.33
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
12.47
|
18.55
|
11.74
|
26.60
|
28.70
|
|
Peer Median
|
11.13
|
--
|
--
|
--
|
--
|
Net Profit Growth
7.94
Lower than Peers by 3.87
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
7.94
|
26.59
|
7.44
|
29.09
|
24.58
|
|
Peer Median
|
11.81
|
--
|
--
|
--
|
--
|
EPS Growth
13.32
Lower than Peers by 10.96
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
13.32
|
0.28
|
0.09
|
0.31
|
0.26
|
|
Peer Median
|
24.27
|
--
|
--
|
--
|
--
|
Book Value Growth
3.29
Lower than Peers by 6.28
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
3.29
|
--
|
--
|
--
|
--
|
|
Peer Median
|
9.57
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.54
Higher than Peers by 0.03
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
0.54
|
0.44
|
0.39
|
0.31
|
0.41
|
|
Peer Median
|
0.51
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.03
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
0.03
|
0.02
|
0.02
|
0.09
|
0.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.16
Higher than Peers by 0.64
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
2.16
|
2.56
|
2.73
|
2.07
|
2.20
|
|
Peer Median
|
1.52
|
--
|
--
|
--
|
--
|
Quick Ratio
2.16
Higher than Peers by 0.71
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
2.16
|
--
|
--
|
--
|
2.18
|
|
Peer Median
|
1.45
|
--
|
--
|
--
|
--
|
Interest Coverage
11.52
Higher than Peers by 6.43
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
11.52
|
18.89
|
14.57
|
19.05
|
24.04
|
|
Peer Median
|
5.09
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
19.53
Higher than Peers by 0.65
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
19.53
|
18.76
|
19.57
|
20.20
|
19.54
|
|
Peer Median
|
18.88
|
--
|
--
|
--
|
--
|
Asset Turnover
1.03
Higher than Peers by 0.34
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
1.03
|
1.26
|
1.20
|
1.17
|
1.07
|
|
Peer Median
|
0.69
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
--
|
65.73
|
68.47
|
67.79
|
63.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
--
|
--
|
--
|
1.75
|
8.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
--
|
1.51
|
1.74
|
2.29
|
2.99
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
--
|
--
|
--
|
67.24
|
68.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
25.84
Higher than Peers by 1.47
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
25.84
|
27.47
|
36.78
|
27.90
|
200.49
|
|
Peer Median
|
24.37
|
--
|
--
|
--
|
--
|
Price / Book Value
7.01
Higher than Peers by 4.30
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
7.01
|
7.56
|
7.84
|
5.79
|
37.81
|
|
Peer Median
|
2.72
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
15.15
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
15.15
|
17.79
|
21.76
|
15.94
|
103.81
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
6,507
Higher than Peers by 6,192
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ExlService Holdings (EXLS)
|
6,507
|
--
|
--
|
--
|
--
|
|
Peer Median
|
315
|
--
|
--
|
--
|
--
|