Nasdaq · Services-Business Services, NEC
40 entities across 19 jurisdictions, 3 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-02-24 — see the exhibit.
| Entity | Jurisdiction | Note |
|---|---|---|
| Kogni, LLC | Arizona | |
| ExlService Australia Pty Ltd. | Australia | |
| Incandescent Australia Pty Ltd. | Australia | |
| IQR Consulting, LLC | California | |
| Clairvoyant, Inc. | Canada | |
| ExlService Canada Inc. | Canada | |
| ExlService Colombia S.A.S. | Colombia | |
| ITI Data Colombia S.A.S. | Colombia | |
| ExlService Czech Republic S.R.O. | Czech Republic | |
| Business Process Outsourcing, LLC | Delaware | |
| Clairvoyant AI, Inc. | Delaware | |
| ExlService Technology Solutions, LLC | Delaware | |
| ExlService.com, LLC | Delaware | |
| Outsource Partners International, Inc. | Delaware | |
| Overland Solutions, LLC | Delaware | |
| ExlService Germany GmbH | Germany | |
| Business Process Solutions (India) Private Limited | India | |
| Clairvoyant India Private Ltd. | India | |
| exl Service.com (India) Private Limited | India | |
| Inductis (India) Private Limited | India | |
| IQR Analytics Private Limited | India | |
| Outsourcepartners International Private Limited | India | |
| SCIOinspire Consulting Services (India) Pvt Ltd. | India | |
| Incandescent Technologies Private Limited | India | |
| ITIData Consulting India Private Limited | India | |
| EXLService (Ireland) Limited | Ireland | |
| Business Process Outsourcing Ltd. | Mauritius | offshore centre |
| ExlService Mauritius Limited | Mauritius | offshore centre |
| OPI Limited | Mauritius | offshore centre |
| EXLS Mexico S. de R.L. de C.V. | Mexico | |
| Incandescent Latin America S. de R.L. de C.V. | Mexico | |
| Incandescent Technologies Inc. | Nebraska | |
| ExlService Philippines, Inc. | Philippines | |
| ITI Data Polska Sp. Z o.o. | Poland | |
| ExlService Romania Private Limited S.R.L. | Romania | |
| Inductis (Singapore) PTE Limited | Singapore | |
| EXL Analytics SA (Pty) Ltd. | South Africa | |
| ExlService South Africa (Pty) Ltd. | South Africa | |
| EXLService (U.K.) Limited | United Kingdom | |
| Incandescent Technologies UK Ltd | United Kingdom |
Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.
Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.
| Year | Revenue | Net income | Free cash flow | Gross margin | Shares |
|---|---|---|---|---|---|
| FY2020 | $958.4M | $89.5M | $160.7M | 34.9% | 34,555,164 |
| FY2021 | $1.1B | $114.8M | $147.1M | 38.4% | 34,244,478 |
| FY2022 | $1.4B | $143.0M | $121.3M | 36.5% | 33,833,858 |
| FY2023 | $1.6B | $184.6M | $158.4M | 37.3% | 168,161,371 |
| FY2024 | $1.8B | $198.3M | $222.3M | 37.6% | 164,321,656 |
| FY2025 | $2.1B | $251.0M | $298.1M | 38.4% | 162,481,586 |
3 institutions tracked — 1 added, 2 reduced.
| Manager | Kind | Shares | Change | Value |
|---|---|---|---|---|
| BlackRock Finance, Inc. | Index | 23,143,845 | +1,290,572 | $725.8M |
| VANGUARD GROUP INC | Index | 14,258,782 | −364,562 | $605.1M |
| GEODE CAPITAL MANAGEMENT, LLC | Index | 4,071,771 | −145,993 | $105.3M |
From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register. These filings span 2024-Q2–2026-Q2 rather than a single quarter, because filers report on their own schedules.
Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.
ExlService Holdings, Inc. files under SIC 7389 — all 43 services-business services, nec companies compared on assets and F-score.
The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.
Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.
