Share Price and Basic Stock Data
Last Updated: November 8, 2025, 4:30 am
| PEG Ratio | 196.21 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Xchanging Solutions Ltd operates within the IT Consulting and Software sector, with a current market capitalization of ₹958 Cr. The company reported sales of ₹174 Cr for the fiscal year ending March 2023, unchanged from the previous year. Revenue figures have shown fluctuations over the past quarters, with the highest quarterly sales of ₹46 Cr recorded in March 2023 and June 2023. However, sales dipped slightly to ₹41 Cr in December 2022 and ₹43 Cr in September 2022. The trailing twelve months (TTM) revenue stood at ₹191 Cr, indicating a modest upward movement compared to previous years. The company’s operating profit margin (OPM) averaged around 29% for the last fiscal year, suggesting a relatively stable operational efficiency despite some quarterly variations. The overall revenue trajectory indicates resilience, though it reflects a mature phase with limited growth acceleration, typical for established firms in the IT consulting space.
Profitability and Efficiency Metrics
In terms of profitability, Xchanging Solutions Ltd reported a net profit of ₹53 Cr for the fiscal year ending March 2023, with a net profit margin of 30.16%. The company’s return on equity (ROE) stood at 13.9%, which is a robust figure compared to industry averages, demonstrating effective utilization of shareholders’ equity. Operating profit for the same period was ₹50 Cr, yielding an operating profit margin of 28%, showcasing efficiency in managing operational costs. The interest coverage ratio (ICR) stood at 11.02x, indicating a strong ability to meet interest obligations, with no reported interest expenses until March 2023. However, the company experienced a net loss of ₹9 Cr in June 2023, suggesting potential volatility in earnings that could impact investor confidence. Overall, while profitability metrics are solid, the occasional losses raise questions about sustainability in earnings.
Balance Sheet Strength and Financial Ratios
Xchanging Solutions Ltd maintains a balanced financial position with total assets amounting to ₹504 Cr as of March 2025. The company reported reserves of ₹247 Cr, showcasing a strong equity position, although total borrowings increased to ₹85 Cr, reflecting a shift in balance sheet management. The debt-to-equity ratio stood at 0.23, indicating conservative leverage compared to typical sector norms, which often hover around higher levels for IT firms. The current ratio of 4.57x signifies excellent liquidity, ensuring that the company can meet its short-term obligations comfortably. Furthermore, the price-to-book value (P/BV) ratio stood at 2.67x, suggesting that the market values the company’s equity favorably. However, the declining trend in reserves from ₹565 Cr in March 2023 to ₹247 Cr in March 2025 could raise concerns about future capital allocation and growth investments.
Shareholding Pattern and Investor Confidence
The shareholding structure of Xchanging Solutions Ltd reflects a stable investment environment, with promoters holding a significant 75% stake. This concentration suggests strong control over the company’s strategic decisions. Foreign institutional investors (FIIs) have a minimal presence, standing at just 0.09%, which may indicate limited external interest in the company’s future prospects. Conversely, domestic institutional investors (DIIs) hold 0.29%, suggesting some level of institutional confidence. The number of shareholders has gradually increased to 81,416 as of March 2025, indicating growing retail participation. However, the high promoter holding coupled with low institutional investment may raise questions about governance and independent oversight. Overall, while the shareholding pattern indicates stability, the low foreign investment could be a concern for future growth and global competitiveness.
Outlook, Risks, and Final Insight
The outlook for Xchanging Solutions Ltd appears cautiously optimistic, with strengths in profitability metrics and a solid balance sheet. The company’s high operating margins and return ratios position it favorably within the IT consulting sector. However, risks remain, particularly concerning the volatility in earnings as evidenced by the net loss in June 2023, and the significant decline in reserves over the past two years could hinder future growth initiatives. Additionally, the limited foreign institutional interest could constrain the stock’s performance in a competitive market. Going forward, the company must focus on stabilizing its earnings and enhancing shareholder value through strategic investments. If it successfully addresses these challenges, it could leverage its strong operational metrics to capture growth opportunities in the evolving IT landscape. Conversely, failure to manage volatility and maintain investor confidence could lead to stagnation.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Xchanging Solutions Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Visesh Infotecnics Ltd | 125 Cr. | 0.33 | 0.38/0.33 | 1.12 | 0.00 % | 2.21 % | 2.23 % | 1.00 | |
| Mudunuru Ltd | 35.5 Cr. | 11.2 | 11.3/4.43 | 0.25 | 0.00 % | 27.0 % | 90.7 % | 2.00 | |
| Naapbooks Ltd | 157 Cr. | 146 | 194/99.8 | 35.1 | 33.2 | 0.00 % | 23.6 % | 17.1 % | 10.0 |
| IB Infotech Enterprises Ltd | 32.7 Cr. | 255 | 310/140 | 23.3 | 26.7 | 0.39 % | 38.5 % | 35.4 % | 10.0 |
| Hit Kit Global Solutions Ltd | 6.36 Cr. | 1.30 | 1.73/0.91 | 57.8 | 2.52 | 0.00 % | 2.14 % | 2.15 % | 2.00 |
| Industry Average | 18,848.69 Cr | 560.48 | 143.02 | 120.04 | 0.54% | 14.92% | 20.95% | 6.84 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 44 | 43 | 41 | 46 | 44 | 43 | 42 | 44 | 44 | 44 | 46 | 51 | 50 |
| Expenses | 29 | 30 | 33 | 33 | 30 | 32 | 31 | 35 | 33 | 34 | 31 | 33 | 34 |
| Operating Profit | 15 | 14 | 8 | 13 | 14 | 12 | 11 | 10 | 11 | 11 | 14 | 17 | 16 |
| OPM % | 34% | 31% | 19% | 29% | 32% | 27% | 27% | 22% | 24% | 24% | 31% | 34% | 33% |
| Other Income | 2 | 3 | 2 | 3 | 4 | 6 | 5 | 8 | 6 | 4 | 4 | 4 | 4 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 17 | 17 | 10 | 16 | 17 | 17 | 16 | 16 | 14 | 13 | 16 | 20 | 19 |
| Tax % | 10% | 28% | 32% | 33% | 151% | 19% | 123% | 23% | 27% | 25% | 12% | 25% | 27% |
| Net Profit | 15 | 12 | 7 | 11 | -9 | 14 | -4 | 12 | 11 | 10 | 14 | 15 | 14 |
| EPS in Rs | 1.34 | 1.08 | 0.62 | 0.99 | -0.81 | 1.24 | -0.32 | 1.11 | 0.95 | 0.88 | 1.30 | 1.32 | 1.24 |
Last Updated: August 20, 2025, 1:05 am
Below is a detailed analysis of the quarterly data for Xchanging Solutions Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 50.00 Cr.. The value appears to be declining and may need further review. It has decreased from 51.00 Cr. (Mar 2025) to 50.00 Cr., marking a decrease of 1.00 Cr..
- For Expenses, as of Jun 2025, the value is 34.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 33.00 Cr. (Mar 2025) to 34.00 Cr., marking an increase of 1.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 16.00 Cr.. The value appears to be declining and may need further review. It has decreased from 17.00 Cr. (Mar 2025) to 16.00 Cr., marking a decrease of 1.00 Cr..
- For OPM %, as of Jun 2025, the value is 33.00%. The value appears to be declining and may need further review. It has decreased from 34.00% (Mar 2025) to 33.00%, marking a decrease of 1.00%.
- For Other Income, as of Jun 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 4.00 Cr..
- For Interest, as of Jun 2025, the value is 1.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2.00 Cr. (Mar 2025) to 1.00 Cr., marking a decrease of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 19.00 Cr.. The value appears to be declining and may need further review. It has decreased from 20.00 Cr. (Mar 2025) to 19.00 Cr., marking a decrease of 1.00 Cr..
- For Tax %, as of Jun 2025, the value is 27.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Mar 2025) to 27.00%, marking an increase of 2.00%.
- For Net Profit, as of Jun 2025, the value is 14.00 Cr.. The value appears to be declining and may need further review. It has decreased from 15.00 Cr. (Mar 2025) to 14.00 Cr., marking a decrease of 1.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 1.24. The value appears to be declining and may need further review. It has decreased from 1.32 (Mar 2025) to 1.24, marking a decrease of 0.08.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 4:07 am
| Metric | Dec 2013 | Dec 2014 | Dec 2015 | Mar 2017n n 15m | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 243 | 287 | 279 | 307 | 186 | 184 | 182 | 196 | 174 | 174 | 174 | 185 | 191 |
| Expenses | 226 | 286 | 252 | 298 | 160 | 141 | 134 | 140 | 121 | 125 | 128 | 132 | 132 |
| Operating Profit | 17 | 1 | 28 | 9 | 26 | 43 | 48 | 55 | 53 | 50 | 47 | 53 | 59 |
| OPM % | 7% | 0% | 10% | 3% | 14% | 23% | 26% | 28% | 31% | 28% | 27% | 29% | 31% |
| Other Income | 27 | 36 | 15 | 14 | 16 | 15 | 13 | 16 | 9 | 11 | 22 | 17 | 15 |
| Interest | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 6 | 6 |
| Depreciation | 5 | 5 | 4 | 3 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
| Profit before tax | 39 | 32 | 39 | 20 | 41 | 57 | 59 | 70 | 61 | 60 | 66 | 63 | 68 |
| Tax % | 22% | 21% | 24% | 8% | 22% | 18% | 8% | 10% | 14% | 25% | 79% | 22% | |
| Net Profit | 30 | 25 | 29 | 18 | 32 | 47 | 55 | 62 | 53 | 45 | 14 | 50 | 53 |
| EPS in Rs | 2.72 | 2.25 | 2.62 | 1.64 | 2.84 | 4.19 | 4.91 | 5.60 | 4.72 | 4.03 | 1.23 | 4.45 | 4.74 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 2,765% | 45% |
YoY Net Profit Growth
| Year | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 46.88% | 17.02% | 12.73% | -14.52% | -15.09% | -68.89% | 257.14% |
| Change in YoY Net Profit Growth (%) | 0.00% | -29.85% | -4.29% | -27.24% | -0.58% | -53.79% | 326.03% |
Xchanging Solutions Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2018-2019 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | 0% |
| 3 Years: | 2% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | -2% |
| 3 Years: | -2% |
| TTM: | 58% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 4% |
| 3 Years: | 6% |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 9% |
| 3 Years: | 7% |
| Last Year: | 14% |
Last Updated: September 5, 2025, 1:56 pm
Balance Sheet
Last Updated: July 25, 2025, 2:03 pm
| Month | Dec 2013 | Dec 2014 | Dec 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 |
| Reserves | 167 | 193 | 222 | 239 | 272 | 322 | 385 | 444 | 502 | 565 | 243 | 247 |
| Borrowings | 2 | 2 | 1 | 1 | 0 | 0 | 2 | 3 | 2 | 1 | 105 | 85 |
| Other Liabilities | 105 | 103 | 78 | 101 | 84 | 80 | 75 | 67 | 61 | 66 | 64 | 60 |
| Total Liabilities | 386 | 409 | 412 | 452 | 468 | 513 | 573 | 625 | 676 | 743 | 523 | 504 |
| Fixed Assets | 166 | 166 | 164 | 161 | 159 | 159 | 161 | 160 | 161 | 160 | 159 | 158 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 101 | 122 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 220 | 243 | 249 | 190 | 188 | 355 | 412 | 465 | 516 | 583 | 364 | 346 |
| Total Assets | 386 | 409 | 412 | 452 | 468 | 513 | 573 | 625 | 676 | 743 | 523 | 504 |
Below is a detailed analysis of the balance sheet data for Xchanging Solutions Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 111.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 111.00 Cr..
- For Reserves, as of Mar 2025, the value is 247.00 Cr.. The value appears strong and on an upward trend. It has increased from 243.00 Cr. (Mar 2024) to 247.00 Cr., marking an increase of 4.00 Cr..
- For Borrowings, as of Mar 2025, the value is 85.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 105.00 Cr. (Mar 2024) to 85.00 Cr., marking a decrease of 20.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 60.00 Cr.. The value appears to be improving (decreasing). It has decreased from 64.00 Cr. (Mar 2024) to 60.00 Cr., marking a decrease of 4.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 504.00 Cr.. The value appears to be improving (decreasing). It has decreased from 523.00 Cr. (Mar 2024) to 504.00 Cr., marking a decrease of 19.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 158.00 Cr.. The value appears to be declining and may need further review. It has decreased from 159.00 Cr. (Mar 2024) to 158.00 Cr., marking a decrease of 1.00 Cr..
- For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Mar 2025, the value is 346.00 Cr.. The value appears to be declining and may need further review. It has decreased from 364.00 Cr. (Mar 2024) to 346.00 Cr., marking a decrease of 18.00 Cr..
- For Total Assets, as of Mar 2025, the value is 504.00 Cr.. The value appears to be declining and may need further review. It has decreased from 523.00 Cr. (Mar 2024) to 504.00 Cr., marking a decrease of 19.00 Cr..
Notably, the Reserves (247.00 Cr.) exceed the Borrowings (85.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Dec 2013 | Dec 2014 | Dec 2015 | Mar 2017n n 15m | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 15.00 | -1.00 | 27.00 | 9.00 | 26.00 | 43.00 | 46.00 | 52.00 | 51.00 | 49.00 | -58.00 | -32.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Dec 2013 | Dec 2014 | Dec 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 70 | 85 | 60 | 55 | 61 | 57 | 41 | 17 | 31 | 16 | 24 | 24 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 70 | 85 | 60 | 55 | 61 | 57 | 41 | 17 | 31 | 16 | 24 | 24 |
| Working Capital Days | 6 | 23 | 22 | -17 | -30 | -44 | -21 | -65 | -32 | -56 | -55 | -86 |
| ROCE % | 13% | 7% | 12% | 6% | 11% | 14% | 13% | 13% | 10% | 9% | 12% | 15% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 4.45 | 1.23 | 4.03 | 4.72 | 5.60 |
| Diluted EPS (Rs.) | 4.45 | 1.23 | 4.03 | 4.72 | 5.60 |
| Cash EPS (Rs.) | 4.48 | 1.28 | 4.09 | 4.80 | 5.73 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 32.20 | 31.77 | 60.70 | 55.07 | 49.88 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 32.20 | 31.77 | 60.70 | 55.07 | 49.88 |
| Revenue From Operations / Share (Rs.) | 16.60 | 15.66 | 15.66 | 15.64 | 17.57 |
| PBDIT / Share (Rs.) | 6.29 | 6.16 | 5.41 | 5.56 | 6.40 |
| PBIT / Share (Rs.) | 6.26 | 6.11 | 5.36 | 5.48 | 6.28 |
| PBT / Share (Rs.) | 5.69 | 5.94 | 5.35 | 5.46 | 6.25 |
| Net Profit / Share (Rs.) | 4.45 | 1.23 | 4.03 | 4.72 | 5.61 |
| NP After MI And SOA / Share (Rs.) | 4.45 | 1.23 | 4.03 | 4.72 | 5.61 |
| PBDIT Margin (%) | 37.89 | 39.32 | 34.57 | 35.54 | 36.43 |
| PBIT Margin (%) | 37.73 | 39.01 | 34.22 | 35.02 | 35.72 |
| PBT Margin (%) | 34.29 | 37.94 | 34.17 | 34.92 | 35.59 |
| Net Profit Margin (%) | 26.81 | 7.85 | 25.74 | 30.16 | 31.89 |
| NP After MI And SOA Margin (%) | 26.81 | 7.85 | 25.74 | 30.16 | 31.89 |
| Return on Networth / Equity (%) | 13.82 | 3.87 | 6.63 | 8.56 | 11.23 |
| Return on Capital Employeed (%) | 16.13 | 14.55 | 8.67 | 9.86 | 12.45 |
| Return On Assets (%) | 9.83 | 2.61 | 6.04 | 7.80 | 9.99 |
| Long Term Debt / Equity (X) | 0.17 | 0.29 | 0.00 | 0.00 | 0.00 |
| Total Debt / Equity (X) | 0.23 | 0.29 | 0.00 | 0.00 | 0.00 |
| Asset Turnover Ratio (%) | 0.35 | 0.27 | 0.07 | 0.09 | 0.09 |
| Current Ratio (X) | 4.57 | 6.09 | 9.94 | 8.87 | 6.62 |
| Quick Ratio (X) | 4.57 | 6.09 | 9.94 | 8.87 | 6.62 |
| Dividend Payout Ratio (NP) (%) | 89.87 | 2439.48 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 89.35 | 2346.98 | 0.00 | 0.00 | 0.00 |
| Earning Retention Ratio (%) | 10.13 | -2339.48 | 0.00 | 0.00 | 0.00 |
| Cash Earning Retention Ratio (%) | 10.65 | -2246.98 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio (X) | 11.02 | 36.68 | 603.10 | 387.13 | 274.27 |
| Interest Coverage Ratio (Post Tax) (X) | 8.80 | 8.33 | 450.00 | 329.56 | 241.15 |
| Enterprise Value (Cr.) | 741.68 | 1057.28 | 78.16 | 462.18 | 328.57 |
| EV / Net Operating Revenue (X) | 4.01 | 6.06 | 0.44 | 2.65 | 1.68 |
| EV / EBITDA (X) | 10.59 | 15.41 | 1.30 | 7.46 | 4.61 |
| MarketCap / Net Operating Revenue (X) | 5.17 | 7.23 | 3.40 | 5.18 | 3.68 |
| Retention Ratios (%) | 10.12 | -2339.48 | 0.00 | 0.00 | 0.00 |
| Price / BV (X) | 2.67 | 3.56 | 0.87 | 1.47 | 1.30 |
| Price / Net Operating Revenue (X) | 5.17 | 7.23 | 3.40 | 5.18 | 3.68 |
| EarningsYield | 0.05 | 0.01 | 0.07 | 0.05 | 0.08 |
After reviewing the key financial ratios for Xchanging Solutions Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 4.45. This value is below the healthy minimum of 5. It has increased from 1.23 (Mar 24) to 4.45, marking an increase of 3.22.
- For Diluted EPS (Rs.), as of Mar 25, the value is 4.45. This value is below the healthy minimum of 5. It has increased from 1.23 (Mar 24) to 4.45, marking an increase of 3.22.
- For Cash EPS (Rs.), as of Mar 25, the value is 4.48. This value is within the healthy range. It has increased from 1.28 (Mar 24) to 4.48, marking an increase of 3.20.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 32.20. It has increased from 31.77 (Mar 24) to 32.20, marking an increase of 0.43.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 32.20. It has increased from 31.77 (Mar 24) to 32.20, marking an increase of 0.43.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 16.60. It has increased from 15.66 (Mar 24) to 16.60, marking an increase of 0.94.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 6.29. This value is within the healthy range. It has increased from 6.16 (Mar 24) to 6.29, marking an increase of 0.13.
- For PBIT / Share (Rs.), as of Mar 25, the value is 6.26. This value is within the healthy range. It has increased from 6.11 (Mar 24) to 6.26, marking an increase of 0.15.
- For PBT / Share (Rs.), as of Mar 25, the value is 5.69. This value is within the healthy range. It has decreased from 5.94 (Mar 24) to 5.69, marking a decrease of 0.25.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 4.45. This value is within the healthy range. It has increased from 1.23 (Mar 24) to 4.45, marking an increase of 3.22.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 4.45. This value is within the healthy range. It has increased from 1.23 (Mar 24) to 4.45, marking an increase of 3.22.
- For PBDIT Margin (%), as of Mar 25, the value is 37.89. This value is within the healthy range. It has decreased from 39.32 (Mar 24) to 37.89, marking a decrease of 1.43.
- For PBIT Margin (%), as of Mar 25, the value is 37.73. This value exceeds the healthy maximum of 20. It has decreased from 39.01 (Mar 24) to 37.73, marking a decrease of 1.28.
- For PBT Margin (%), as of Mar 25, the value is 34.29. This value is within the healthy range. It has decreased from 37.94 (Mar 24) to 34.29, marking a decrease of 3.65.
- For Net Profit Margin (%), as of Mar 25, the value is 26.81. This value exceeds the healthy maximum of 10. It has increased from 7.85 (Mar 24) to 26.81, marking an increase of 18.96.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 26.81. This value exceeds the healthy maximum of 20. It has increased from 7.85 (Mar 24) to 26.81, marking an increase of 18.96.
- For Return on Networth / Equity (%), as of Mar 25, the value is 13.82. This value is below the healthy minimum of 15. It has increased from 3.87 (Mar 24) to 13.82, marking an increase of 9.95.
- For Return on Capital Employeed (%), as of Mar 25, the value is 16.13. This value is within the healthy range. It has increased from 14.55 (Mar 24) to 16.13, marking an increase of 1.58.
- For Return On Assets (%), as of Mar 25, the value is 9.83. This value is within the healthy range. It has increased from 2.61 (Mar 24) to 9.83, marking an increase of 7.22.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.17. This value is below the healthy minimum of 0.2. It has decreased from 0.29 (Mar 24) to 0.17, marking a decrease of 0.12.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.23. This value is within the healthy range. It has decreased from 0.29 (Mar 24) to 0.23, marking a decrease of 0.06.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.35. It has increased from 0.27 (Mar 24) to 0.35, marking an increase of 0.08.
- For Current Ratio (X), as of Mar 25, the value is 4.57. This value exceeds the healthy maximum of 3. It has decreased from 6.09 (Mar 24) to 4.57, marking a decrease of 1.52.
- For Quick Ratio (X), as of Mar 25, the value is 4.57. This value exceeds the healthy maximum of 2. It has decreased from 6.09 (Mar 24) to 4.57, marking a decrease of 1.52.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 89.87. This value exceeds the healthy maximum of 50. It has decreased from 2,439.48 (Mar 24) to 89.87, marking a decrease of 2,349.61.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 89.35. This value exceeds the healthy maximum of 50. It has decreased from 2,346.98 (Mar 24) to 89.35, marking a decrease of 2,257.63.
- For Earning Retention Ratio (%), as of Mar 25, the value is 10.13. This value is below the healthy minimum of 40. It has increased from -2,339.48 (Mar 24) to 10.13, marking an increase of 2,349.61.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 10.65. This value is below the healthy minimum of 40. It has increased from -2,246.98 (Mar 24) to 10.65, marking an increase of 2,257.63.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 11.02. This value is within the healthy range. It has decreased from 36.68 (Mar 24) to 11.02, marking a decrease of 25.66.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 8.80. This value is within the healthy range. It has increased from 8.33 (Mar 24) to 8.80, marking an increase of 0.47.
- For Enterprise Value (Cr.), as of Mar 25, the value is 741.68. It has decreased from 1,057.28 (Mar 24) to 741.68, marking a decrease of 315.60.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 4.01. This value exceeds the healthy maximum of 3. It has decreased from 6.06 (Mar 24) to 4.01, marking a decrease of 2.05.
- For EV / EBITDA (X), as of Mar 25, the value is 10.59. This value is within the healthy range. It has decreased from 15.41 (Mar 24) to 10.59, marking a decrease of 4.82.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 5.17. This value exceeds the healthy maximum of 3. It has decreased from 7.23 (Mar 24) to 5.17, marking a decrease of 2.06.
- For Retention Ratios (%), as of Mar 25, the value is 10.12. This value is below the healthy minimum of 30. It has increased from -2,339.48 (Mar 24) to 10.12, marking an increase of 2,349.60.
- For Price / BV (X), as of Mar 25, the value is 2.67. This value is within the healthy range. It has decreased from 3.56 (Mar 24) to 2.67, marking a decrease of 0.89.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 5.17. This value exceeds the healthy maximum of 3. It has decreased from 7.23 (Mar 24) to 5.17, marking a decrease of 2.06.
- For EarningsYield, as of Mar 25, the value is 0.05. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 24) to 0.05, marking an increase of 0.04.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Xchanging Solutions Ltd:
- Net Profit Margin: 26.81%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 16.13% (Industry Average ROCE: 14.92%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 13.82% (Industry Average ROE: 20.95%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 8.8
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 4.57
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 16.6 (Industry average Stock P/E: 143.02)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.23
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 26.81%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| IT Consulting & Software | HP Avenue, 39/40, Electronic City, Bengaluru Karnataka 560100 | xchangingcompliance@dxc.com http://www.dxc.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Swaminathan Swaminathan | Managing Director & CEO |
| Mr. Shrenik Kumar Champalal | WholeTime Director & CFO |
| Mr. Kartik Ganapathy Iyer | Non Executive Director |
| Mr. Henry D'Souza | Independent Director |
| Mrs. Nonavinakeri Srinivasaiyengar Rama | Independent Director |
| Mr. Pankaj Vaish | Independent Director |
| Mrs. Janaki Ashwin Patwardhan | Additional Director |
FAQ
What is the intrinsic value of Xchanging Solutions Ltd?
Xchanging Solutions Ltd's intrinsic value (as of 08 November 2025) is 60.78 which is 31.24% lower the current market price of 88.40, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 984 Cr. market cap, FY2025-2026 high/low of 122/79.2, reserves of ₹247 Cr, and liabilities of 504 Cr.
What is the Market Cap of Xchanging Solutions Ltd?
The Market Cap of Xchanging Solutions Ltd is 984 Cr..
What is the current Stock Price of Xchanging Solutions Ltd as on 08 November 2025?
The current stock price of Xchanging Solutions Ltd as on 08 November 2025 is 88.4.
What is the High / Low of Xchanging Solutions Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Xchanging Solutions Ltd stocks is 122/79.2.
What is the Stock P/E of Xchanging Solutions Ltd?
The Stock P/E of Xchanging Solutions Ltd is 16.6.
What is the Book Value of Xchanging Solutions Ltd?
The Book Value of Xchanging Solutions Ltd is 32.2.
What is the Dividend Yield of Xchanging Solutions Ltd?
The Dividend Yield of Xchanging Solutions Ltd is 2.26 %.
What is the ROCE of Xchanging Solutions Ltd?
The ROCE of Xchanging Solutions Ltd is 15.4 %.
What is the ROE of Xchanging Solutions Ltd?
The ROE of Xchanging Solutions Ltd is 13.9 %.
What is the Face Value of Xchanging Solutions Ltd?
The Face Value of Xchanging Solutions Ltd is 10.0.