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ExlService Holdings, Inc. (EXLS) company profile

EXLSNasdaqServices-Business Services, NECFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 27, 2026Score 18/3010% below fair value
$43.25+0.15 (+0.35%)

Close on Nov 13, 2026Market cap $6.52BP/E 25.7Yield –

About ExlService

Services-Business Services, NEC, SIC 7389

ExlService Holdings, Inc. is a global data and artificial intelligence company that delivers data and AI-led solutions and digital operations services. The enterprise helps clients modernize data environments, embed AI into workflows, and transform critical business functions across areas such as claims management, care management, and risk analytics. It operates through four primary segments: Insurance, Healthcare and Life Sciences, Banking, Capital Markets and Diversified Industries, and International Growth Markets. Its customer base includes large corporations across sectors such as banking, insurance, healthcare, life sciences, retail, media, and utilities.

The company maintains its corporate headquarters in New York. Its international delivery infrastructure encompasses more than 50 offices and operations centers across six continents, including facilities in India, the Philippines, South Africa, the United States, Colombia, Bulgaria, Romania, the United Kingdom, the Czech Republic, Mexico, and Ireland. EXL employs more than 65,000 professionals globally, with its largest workforces located in India and the Philippines.

Summary of the business section of ExlService's latest annual report, written by StockData.

Company profile

Company

Legal name
ExlService Holdings, Inc.
Founded
1999
Headquarters
New York, NY
Address
320 Park Avenue, 29th Floor 10022
Phone
(212) 277-7100
Employees
65,000, Dec 31, 2025
Industry
Services-Business Services, NEC
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
Deloitte & Touche LLP, New York, New York

Stock & identifiers

Ticker
EXLS
Exchange
Nasdaq
IPO date
Oct 20, 2006
Shares outstanding
151M, Oct 23, 2026
Public float
$6.89B, Jun 30, 2025
Filer category
Large accelerated filer
Stock splits
5-for-1, Aug 2, 2023
SEC CIK
1297989
CUSIP
302081104
ISIN
US3020811044
FIGI
BBG000NS3P30
Share class FIGI
BBG001SKWX40
LEI
81E3DTNF6OSH489ZOV15
EIN
82-0572194

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Rohit KapoorChairman & CEO, Director1,742,214
Vikas BhallaPresident of EXL87,722
Ajay AyyappanEVP & Gen Counsel/Corp. Sec'y.43,894
Vishal ChhibbarExecutive Vice President6,452
Maurizio NicolelliExecutive Vice President & CFO254,975
Narasimha KiniExecutive Vice President212,354
Vivek JetleyPresident of EXL426,780
Bhupender SinghPres., Int'l Growth Markets–
Pamela M. HarrisonCHIEF HUMAN RESOURCES OFFICER8,414
Anita MahonExecutive Vice President94,443
Kamini H. MehtaDirector–
Thomas A. BartlettDirector–
Vikram S. PanditDirector0
Andreas FibigDirector600
Sarah K. WilliamsonDirector0
Kristy PipesDirector–
Patrick GeraghtyDirector–
Michael J. AngelakisDirector–
Atairos Partners GP, Inc.Director–
Echo LLC OrogenDirector–
Group LLC OrogenDirector–
Atairos-Orogen Holdings, LLCDirector–
Holdings LLC OrogenDirector–
Atairos Partners, L.P.Director–
Atairos Group, Inc.Director310,394

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$16.20M$14.00M$4.12M$249$172
FY2024$14.17M$28.70M$3.54M$261$140
FY2023$12.35M$8.68M$4.83M$181$130
FY2022$11.01M$16.07M$2.70M$199$77
FY2021$10.03M$19.12M$3.45M$170$128
FY2020$7.14M$8.69M$1.91M$123$102

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryStock awardsIncentive payOtherTotalvs. prior year
Rohit Kapoor
Chairman & CEO
$885.21K$13.81M$1.41M$93.92K$16.20M+14%
Maurizio Nicolelli
Executive Vice President and CFO
$560.34K$2.40M$453.38K$17.34K$3.43M+18%
Vikas Bhalla
President and Head of AI Services and Operations
$368.80K$3.90M$370.38K$42.67K$4.69M+16%
Vivek Jetley
President and Head of Insurance, Healthcare and Life Sciences
$568.84K$3.90M$536.99K$15.34K$5.02M+18%
Narasimha Kini
Executive Vice President, Banking & Capital Markets and Diversified Industries
$496.30K$2.40M$401.57K$30.28K$3.33M–

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

IPO

From the final prospectus (Form 424B4) and the first day of trading

Offering

Type
Initial public offering
Final prospectus filed
Oct 20, 2006
Offer price
$13.50
Securities offered
5,000,000
Gross proceeds
$67.50M
Exchange
Nasdaq
First trading day
Oct 20, 2006
First-day close
$18.84+39.6%
Lock-up ends (est.)
Apr 18, 2007

“Per Share Total Initial public offering price $ 13.500 $ 67,500,000 Underwriting discount and commission $ 0.945 $ 4,725,000 Proceeds, before expenses $ 12.555 $ 62,775,000 To the extent that the underwriters sell more than 5,000,000 shares of our common stock, they have the option to purchase up to an additional 7”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

Employees

Headcount reported in annual reports

“We are headquartered in New York and have over 65,000 employees spanning six continents.”

Corporate history

Events identified from SEC filings

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