5nance5nance
5nance5nance
HomeScreens
LOGINGET FREE ACCOUNT

Xchanging Solutions Ltd.

•
dxc.comBSE: 532616NSE: XCHANGING
Market Cap₹ 700 Cr.
Current Price
High / Low₹ 103 / 48
Stock P/E11.5
Book Value₹ 37
Price to Book1.34
Dividend Yield3.18 %
ROCE18.0 %
ROE15.8 %
Face Value₹ 10

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Information Technology

Buy

IT is supported by a still-expanding services backdrop and a weaker rupee. Export of services grew 13.0% YoY (2026-06), services PMI was 54.1 (Aug/26), and the currency at 95.23 (Sep/26) is depreciated versus the previous 95.16, which helps INR translation of export revenues. FPI positioning is only neutral-to-soft with net 3-month flow of INR -5 crore to 2026-08-31, so the positive stance is primarily macro-driven.

Confidence
68%
View full sector analysis →

PROS

  • Company has consistently been profitable over the last 5 years
  • Company has been maintaining a healthy dividend payout of 37.5%
  • Company comfortably covers its interest (15.2x coverage)
  • Stock looks reasonably valued - P/E of 11.5 is below its historical median
  • Company generates healthy free cash flow
  • Offers a healthy dividend yield of 3.2%

CONS

  • Receivables are growing faster than sales - a possible quality concern
  • Company has delivered a poor profit growth of -1.0% over past five years
  • Company has delivered a poor sales growth of 0.7% over past five years

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Information TechnologyITIT - Software
Part ofNIFTY 50NIFTY 500NIFTY LARGEMIDCAP 250NIFTY 100NIFTY 200
S.No.Name
1.TCS2202.0016.00796702.875.0013420.004.6972275.0013.9366.2525.67
2.INFY1038.2013.91421325.694.627775.0012.2948211.0014.0342.8423.66
3.HCLTECH1207.0018.80327539.384.474626.0020.3434579.0013.9431.2019.87
4.WIPRO167.5012.55165902.386.573356.300.5924478.6010.5918.4918.93
5.TECHM1539.5029.38150891.593.311486.3031.6715711.9017.6823.0417.43
6.LTM4301.1524.39127581.281.741468.6017.0611608.0017.9630.2517.75
7.OFSS11760.0030.01102409.763.401415.50120.523125.2068.7345.5060.04
8.PERSISTENT5537.4545.4287353.270.72483.0413.674303.2329.0935.0916.19
9.COFORGE1847.4046.5881835.770.86531.7049.195527.7049.8624.7019.14
10.MPHASIS2294.1022.9243790.982.70489.5110.824384.0517.4623.3118.15
11.LTTS3334.9526.8035379.241.743571.001029.7129401.001014.7327.7018.65
12.XCHANGING62.8211.51699.843.1815.129.8053.647.3018.0233.54
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
44434244444446515053495154
30323135333431333436333237
Operating Profit14121110111114171617161917
OPM %31.59%26.86%26.62%22.18%24.17%24.47%31.05%34.19%32.73%32.21%32.94%37.17%31.51%
4658644443334
Interest0002222211111
Depreciation0000000000000
Profit before Tax17171616141316201919182120
Tax %151.43%18.74%122.68%23.15%26.59%24.64%11.60%24.95%26.87%14.24%26.66%22.45%26.10%
Net Profit0000111014151416131615
-0.811.24-0.321.110.950.881.301.321.241.461.181.461.36

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
307186184182196174174174185203207
298160141134140121125128132134138
Operating Profit926434855535047536969
OPM %2.97%14.01%23.21%26.43%28.29%30.62%28.44%26.81%28.69%33.77%33.43%
141615131691122171413
Interest00000002655
Depreciation31011111000
Profit before Tax2041575970616066637778
Tax %7.86%22.09%17.76%7.74%10.38%13.64%24.66%79.30%21.81%22.49%22.38%
Net Profit1832475562534514505961
EPS0.000.000.000.005.604.724.031.234.455.34—
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%2764.67%89.87%37.48%—

COMPOUNDED SALES GROWTH

10 Years:
—
5 Years:
1%
3 Years:
5%

COMPOUNDED PROFIT GROWTH

10 Years:
—
5 Years:
-1%
3 Years:
10%

STOCK PRICE CAGR

10 Years:
0%
5 Years:
-10%
3 Years:
-12%
1 Year:
-30%

RETURN ON EQUITY

10 Years:
10%
5 Years:
10%
3 Years:
11%
Last Year:
16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2026

Aug 14

₹ 0.20

Rs.2.0000 per share(20%)Final Dividend

2025

Jul 11

₹ 0.20

Rs.2.0000 per share(20%)Final Dividend

2024

Jun 14

₹ 0.40

Rs.4.0000 per share(40%)Final Dividend

2024

Jun 14

₹ 0.20

Rs.2.0000 per share(20%)Special Dividend

2024

Feb 23

₹ 1.50

Rs.15.0000 per share(150%)Interim Dividend

2023

Jul 28

₹ 1.50

Rs.15.0000 per share(150%)Interim Dividend

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital111111111111111111111111111111
239272322385444502565243247285
10012111056447
Trade Payables55353132231615181815
667179879299112144171193
Total Liabilities472490543616672730805621611652
161159159161160161160159158158
10112200000000
0000000111217
Cash & Bank5279259327392440515308301312
158131125128120129130142140165
Total Assets472490543616672730805621611652

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
41375554694556-124941
Cash from Investing10511148810351413
Cash from Financing-1-1-0-1-2-1-0-232-72-50
47415958684251-209-94

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
75.0075.0075.0075.0075.0075.0075.0075.0075.00
0.090.080.070.010.090.000.010.110.03
0.290.290.290.290.290.290.290.290.17
Government0.000.000.000.000.000.000.000.000.00
Public24.6124.6324.6324.7024.6124.7024.6924.5924.80

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-08-22
Copy of Newspaper Publication

2026-08-22 - Xchanging Solutions Limited has informed the Exchange about Copy of Newspaper Publication

2026-08-21
General Updates

2026-08-21 - Xchanging Solutions Limited has informed the Exchange about Letter sent to the members of the Company - Web link of the Annual Report

2026-08-21
Shareholders meeting

2026-08-21 - Xchanging Solutions Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 15, 2026

2026-08-18
Copy of Newspaper Publication

2026-08-18 - Xchanging Solutions Limited has informed the Exchange about Copy of Newspaper Publication about Information related to 25th Annual General Meeting

2026-08-15
Updates

2026-08-15 - Xchanging Solutions Limited has informed the Exchange regarding 'Tax Deduction at Source ("TDS") On Final Dividend for The Financial Year Ended March 31, 2026'.

2026-08-14
Copy of Newspaper Publication

2026-08-14 - Xchanging Solutions Limited has informed the Exchange about Copy of Newspaper Publication

2026-08-13
Outcome of Board Meeting

2026-08-13 - Xchanging Solutions Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

2026-07-30
Address Change

2026-07-30 - Xchanging Solutions Limited has informed the Exchange regarding change in Registered Office of the company.

2026-07-14
Certificate under SEBI (Depositories and Participants) Regulations, 2018

2026-07-14 - Xchanging Solutions Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

News

Recent coverage and analyst commentary for XCHANGING

Loading news…

🤖

AI Stock Analyst

Xchanging Solutions Ltd.

🔒

Sign in to Chat with AI

Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.

✨ Sign In to Chat

Free 5nance Account

5nance5nance

Stock analysis and screening tool

5nanceAI © 2020-2026

Made with ❤️ in India.

Data provided by Accord Fintech

Terms & Privacy.

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nance5nance

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme


5nanceAI © 2020-2026

Data provided by Accord Fintech

Made with ❤️ in India.

HomeScreens
Login