Xchanging Solutions Ltd
XCHANGING NSE
Xchanging Solutions Ltd
Information TechnologyNSE: XCHANGING BSE: 532616 IT - Software
Key Fundamentals
MicrocapComputer Software & ConsultingInformation TechnologyMarket Cap
₹691 Cr
Volatility
Moderate
P/E Ratio
11.21
EBITDA
₹68.52 Cr
Return on Equity
13.82%
Debt to Equity
0.18
Book Value
₹35.55
EPS
₹2.99
52W High
₹103
52W Low
₹47.5
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Xchanging Solutions Ltd insights
34 extracted metrics + investor summaries across FY14–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company has been maintaining a healthy dividend payout of 949%
Weaknesses
2- The company has delivered a poor sales growth of 0.72% over past five years.
- Company has a low return on equity of 9.83% over last 3 years.
Growth Rate
Revenue Growth
0.51% ↘
Net Income Growth
20.06% ↗
Cash Flow Change
487.65% ↗
ROE
257.11% ↗
ROCE
10.93% ↗
EBITDA Margin (Avg.)
-8.79% ↘
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 44 | 43 | 42 | 44 | 44 | 44 | 46 | 51 | 50 | 53 | 49 | 51 | 54 |
| Expenses | 30 | 32 | 31 | 35 | 33 | 34 | 31 | 33 | 34 | 36 | 33 | 32 | 36 |
| Operating Profit | 14 | 12 | 11 | 10 | 11 | 11 | 14 | 17 | 16 | 17 | 16 | 19 | 18 |
| OPM % | 32% | 27% | 27% | 22% | 24% | 24% | 31% | 34% | 33% | 32% | 33% | 37% | 34% |
| Other Income | 4 | 6 | 5 | 8 | 6 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 4 |
| Interest | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 17 | 17 | 16 | 16 | 14 | 13 | 16 | 20 | 19 | 19 | 18 | 21 | 20 |
| Tax % | 151% | 19% | 123% | 23% | 27% | 25% | 12% | 25% | 27% | 14% | 27% | 22% | 26% |
| Net Profit | -9 | 14 | -4 | 12 | 11 | 10 | 14 | 15 | 14 | 16 | 13 | 16 | 15 |
| EPS in Rs | -0.81 | 1.24 | -0.32 | 1.11 | 0.95 | 0.88 | 1.3 | 1.32 | 1.24 | 1.46 | 1.18 | 1.46 | 1.36 |
Profit & Loss
| Dec 2014 | Dec 2015 | Mar 2017 15m | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 287 | 279 | 307 | 186 | 184 | 182 | 196 | 174 | 174 | 174 | 185 | 203 | 207 |
| Expenses | 286 | 252 | 298 | 160 | 141 | 134 | 140 | 121 | 125 | 128 | 132 | 134 | 136 |
| Operating Profit | 1 | 28 | 9 | 26 | 43 | 48 | 55 | 53 | 50 | 47 | 53 | 69 | 70 |
| OPM % | 0.2% | 10% | 3% | 14% | 23% | 26% | 28% | 31% | 28% | 27% | 29% | 34% | 34% |
| Other Income | 36 | 15 | 14 | 16 | 15 | 13 | 16 | 9 | 11 | 22 | 17 | 14 | 13 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 6 | 5 | 5 |
| Depreciation | 5 | 4 | 3 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| PBT | 32 | 39 | 20 | 41 | 57 | 59 | 70 | 61 | 60 | 66 | 63 | 77 | 78 |
| Tax % | 21% | 24% | 8% | 22% | 18% | 8% | 10% | 14% | 25% | 79% | 22% | 22% | — |
| Net Profit | 25 | 29 | 18 | 32 | 47 | 55 | 62 | 53 | 45 | 14 | 50 | 59 | 61 |
| EPS in Rs | 2.25 | 2.62 | 1.64 | 2.84 | 4.19 | 4.91 | 5.6 | 4.72 | 4.03 | 1.23 | 4.45 | 5.34 | 5.46 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 2765% | 45% | 37% | — |
Balance Sheet
| Dec 2014 | Dec 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 |
| Reserves | 193 | 222 | 239 | 272 | 322 | 385 | 444 | 502 | 565 | 243 | 247 | 285 |
| Borrowings | 2 | 1 | 1 | 0 | 0 | 2 | 3 | 2 | 1 | 105 | 85 | 71 |
| Other Liabilities | 103 | 78 | 101 | 84 | 80 | 75 | 67 | 61 | 66 | 64 | 60 | 56 |
| Total Liabilities | 409 | 412 | 452 | 468 | 513 | 573 | 625 | 676 | 743 | 523 | 504 | 523 |
| Fixed Assets | 166 | 164 | 161 | 159 | 159 | 161 | 160 | 161 | 160 | 159 | 158 | 158 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 101 | 122 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 243 | 249 | 190 | 188 | 355 | 412 | 465 | 516 | 583 | 364 | 346 | 364 |
| Total Assets | 409 | 412 | 452 | 468 | 513 | 573 | 625 | 676 | 743 | 523 | 504 | 523 |
Cash Flow
| Dec 2014 | Dec 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 1 | 28 | 38 | 36 | 48 | 46 | 62 | 35 | 42 | -12 | 47 | 41 |
| Investing | 4 | 6 | 8 | 6 | 14 | 24 | 5 | 15 | 34 | 37 | 16 | 13 |
| Financing | 0 | -1 | -1 | -1 | 0 | -1 | -2 | -1 | 0 | -232 | -70 | -50 |
| Net Cash Flow | 5 | 33 | 45 | 42 | 62 | 69 | 65 | 49 | 75 | -207 | -8 | 4 |
| Free Cash Flow | -4 | 26 | 38 | 37 | 48 | 45 | 61 | 35 | 42 | -12 | 47 | 41 |
| CFO/OP | 485 | 113 | 451 | 142 | 128 | 113 | 124 | 84 | 113 | 98 | 109 | 96 |
Ratios
| Dec 2014 | Dec 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 85 | 60 | 55 | 61 | 57 | 41 | 17 | 31 | 16 | 24 | 24 | 30 |
| Inventory Days | — | — | — | — | — | — | — | — | — | — | — | 0 |
| Cash Conversion Cycle | 85 | 60 | 55 | 61 | 57 | 41 | 17 | 31 | 16 | 24 | 24 | 30 |
| Working Capital Days | 23 | 22 | -17 | -30 | -44 | -21 | -65 | -32 | -56 | -55 | -86 | -64 |
| ROCE % | 7% | 12% | 6% | 11% | 14% | 13% | 13% | 10% | 9% | 12% | 15% | 18% |
Documents
5
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. 10 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.
Frequently Asked Questions about Xchanging Solutions Ltd
What does Xchanging Solutions Ltd do?
Incorporated in 2002, Xchanging Solutions Ltd is an Information Technology services provider[1]
Where is Xchanging Solutions Ltd (XCHANGING) listed?
Xchanging Solutions Ltd is listed on the Indian stock exchanges. It is listed on NSE: XCHANGING and BSE: 532616. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Xchanging Solutions Ltd belong to?
Xchanging Solutions Ltd operates in the Information Technology sector within the IT - Software industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Xchanging Solutions Ltd?
Xchanging Solutions Ltd has a market capitalisation of approximately ₹690.70 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Xchanging Solutions Ltd?
The Price-to-Earnings (PE) ratio of Xchanging Solutions Ltd is 11.21. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Xchanging Solutions Ltd?
Over the past 52 weeks, Xchanging Solutions Ltd has traded between a low of ₹47.5 and a high of ₹103. This range helps investors understand the stock's price volatility and recent trading levels.
Does Xchanging Solutions Ltd pay dividends?
Yes, Xchanging Solutions Ltd has a dividend yield of 3.27%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Xchanging Solutions Ltd?
Xchanging Solutions Ltd has a Return on Equity (ROE) of 13.82%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Xchanging Solutions Ltd on Tapetide?
On Tapetide, you can view Xchanging Solutions Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2002, Xchanging Solutions Ltd is an Information Technology services provider[1]
Website xchanging.com
CEO Mr. Swaminathan Swaminathan
Employees 95
Listed 2005-03-10
Face Value ₹ 10
Issued Size 11,14,03,716