ExlService Holdings, Inc.

Services-Business Services, NEC·NEW YORK, NY·FY end 12/31·CIK 1297989

CEO Pay Ratio

1,292:1

Rohit Kapoor

CEO Total Comp

$16.2M

Rohit Kapoor

Median Employee

$6,589

Revenue

$2.1B

FY 2025

Net Income

$251.0M

FY 2025

Free Cash Flow

$298.1M

FY 2025

Net Margin

12.0%

Insider Net (180d)

-$155.7K

0 buys / 4 sales

CEO Pay Accountability

CEO comp as % of net income

6.45%

For every $1,000 of profit, $64.54 flows to the CEO.

CEO comp as % of buybacks

4.93%

CEO comp equals 49.3‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$2.1B	$1.8B	$1.6B	$1.4B	$1.1B
Gross Profit	$801.1M	$691.0M	$607.8M	$515.4M	$431.4M
Operating Income	$313.8M	$263.6M	$238.8M	$192.2M	$155.9M
Net Income	$251.0M	$198.3M	$184.6M	$143.0M	$114.8M
Operating CF	$350.7M	$268.5M	$211.2M	$166.1M	$184.4M
Capex	$52.6M	$46.3M	$52.8M	$44.8M	$37.2M
Free Cash Flow	$298.1M	$222.3M	$158.4M	$121.3M	$147.1M
Buybacks	$328.5M	$207.9M	$131.8M	$72.6M	$118.4M
Dividends	—	—	—	—	—	—

Gross Margin	38.4%	37.6%	37.3%	36.5%	38.4%
Operating Margin	15.0%	14.3%	14.6%	13.6%	13.9%
Net Margin	12.0%	10.8%	11.3%	10.1%	10.2%
FCF Margin	14.3%	12.1%	9.7%	8.6%	13.1%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	20.2%	24.1%	22.5%	25.0%	21.7%
Debt / Equity	0.65	0.62	0.15	0.29	0.38
Buybacks / FCF	110.2%	93.5%	83.2%	59.9%	80.4%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Rohit KapoorChairman & CEO	$885.2K	$13.8M	—	$1.4M	$93.9K	$16.2M
Vivek JetleyPresident and Head of Insurance, Healthcare and Life Sciences	$568.8K	$3.9M	—	$537.0K	$15.3K	$5.0M
Vikas BhallaPresident and Head of AI Services and Operations	$368.8K	$3.9M	—	$370.4K	$42.7K	$4.7M
Maurizio NicolelliExecutive Vice President and CFO	$560.3K	$2.4M	—	$453.4K	$17.3K	$3.4M
Narasimha KiniExecutive Vice President, Banking & Capital Markets and Diversified Industries	$496.3K	$2.4M	—	$401.6K	$30.3K	$3.3M