Expleo Solutions Ltd.

•

₹ 898.751.77%

2026-08-21

expleosolutions.comBSE: 533121NSE: EXPLEOSOL

Market Cap₹ 1,378 Cr.

Current Price₹ 883

High / Low₹ 1,175 / 640

Stock P/E10.0

Book Value₹ 522

Price to Book1.30

Dividend Yield12.39 %

ROCE23.3 %

ROE17.6 %

Face Value₹ 10

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ABOUT

KEY POINTS

PROS

Company is almost debt free
Company has a healthy return on capital (ROCE) of 22.5%
Company has consistently been profitable over the last 5 years
Latest quarter profit grew 67.3% YoY, showing strong momentum
Company has delivered good sales growth of 29.8% CAGR over last 5 years
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.17x)

CONS

Operating margins have contracted to 15.3% from 23.9%
Dividend payout exceeds earnings (137.7%) - may be unsustainable
Growth is decelerating - 3Y profit CAGR (-2.5%) trails the 5Y trend (19.7%)

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

Peer comparison

EDIT COLUMNS

Information TechnologyITIT - Software

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	TCS	2287.00	16.62	827456.62	4.81	13420.00	4.69	72275.00	13.93	66.25	25.67
2.	INFY	1117.05	14.97	453305.21	4.30	7775.00	12.29	48211.00	14.03	42.84	23.66
3.	HCLTECH	1322.50	20.60	358882.21	4.08	4626.00	20.34	34579.00	13.94	31.20	19.87
4.	WIPRO	179.50	13.45	177780.78	6.13	3356.30	0.59	24478.60	10.59	18.49	18.93
5.	TECHM	1582.20	30.20	155076.76	3.22	1486.30	31.67	15711.90	17.68	23.04	17.43
6.	LTM	4535.00	25.72	134517.77	1.65	1468.60	17.06	11608.00	17.96	30.25	17.75
7.	OFSS	11720.00	29.90	102061.42	3.41	1415.50	120.52	3125.20	68.73	45.50	60.04
8.	PERSISTENT	5510.00	45.20	86920.25	0.73	483.04	13.67	4303.23	29.09	35.09	16.19
9.	COFORGE	1815.00	45.76	80390.07	0.87	531.70	49.19	5527.70	49.86	24.70	19.14
10.	MPHASIS	2420.00	24.18	46192.17	2.56	489.51	10.82	4384.05	17.46	23.31	18.15
11.	LTTS	3538.70	28.44	37537.66	1.64	3571.00	1029.71	29401.00	1014.73	27.70	18.65
12.	EXPLEOSOL	887.70	10.00	1377.69	12.39	34.18	67.34	291.55	12.29	23.34	14.53

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	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
	225	234	250	255	252	259	258	256	260	283	279	286	292
	192	200	212	221	213	217	219	216	230	236	233	244	254
Operating Profit	—	—	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Income	2	2	11	2	2	13	3	5	7	13	10	13	7
Interest	1	1	1	1	1	1	1	1	1	1	0	1	1
Depreciation	8	8	8	9	9	10	12	8	8	7	7	6	4
	26	27	41	26	31	44	28	36	28	51	32	51	44
Tax %	21.93%	23.58%	16.35%	40.05%	22.78%	20.19%	30.11%	32.24%	27.96%	22.62%	30.74%	18.10%	22.74%
Net Profit	0	0	0	0	24	35	20	24	20	40	22	42	34
	13	13	22	10	15	23	13	16	13	26	14	27	2
Equity Capital	16	16	16	16	16	16	16	16	16	16	16	16	16
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	16	16	16	16	16	16	16	16	16	16	16	16	16
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Jun 2023

: 225
: 192
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 1
Depreciation: 8
: 26
Tax %: 21.93%
Net Profit: 0
: 13
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 234
: 200
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 1
Depreciation: 8
: 27
Tax %: 23.58%
Net Profit: 0
: 13
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 250
: 212
Operating Profit: —
OPM %: —
Other Income: 11
Interest: 1
Depreciation: 8
: 41
Tax %: 16.35%
Net Profit: 0
: 22
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 255
: 221
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 1
Depreciation: 9
: 26
Tax %: 40.05%
Net Profit: 0
: 10
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 252
: 213
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 1
Depreciation: 9
: 31
Tax %: 22.78%
Net Profit: 24
: 15
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 259
: 217
Operating Profit: —
OPM %: —
Other Income: 13
Interest: 1
Depreciation: 10
: 44
Tax %: 20.19%
Net Profit: 35
: 23
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2024

: 258
: 219
Operating Profit: —
OPM %: —
Other Income: 3
Interest: 1
Depreciation: 12
: 28
Tax %: 30.11%
Net Profit: 20
: 13
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 256
: 216
Operating Profit: —
OPM %: —
Other Income: 5
Interest: 1
Depreciation: 8
: 36
Tax %: 32.24%
Net Profit: 24
: 16
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 260
: 230
Operating Profit: —
OPM %: —
Other Income: 7
Interest: 1
Depreciation: 8
: 28
Tax %: 27.96%
Net Profit: 20
: 13
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2025

: 283
: 236
Operating Profit: —
OPM %: —
Other Income: 13
Interest: 1
Depreciation: 7
: 51
Tax %: 22.62%
Net Profit: 40
: 26
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 279
: 233
Operating Profit: —
OPM %: —
Other Income: 10
Interest: 0
Depreciation: 7
: 32
Tax %: 30.74%
Net Profit: 22
: 14
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 286
: 244
Operating Profit: —
OPM %: —
Other Income: 13
Interest: 1
Depreciation: 6
: 51
Tax %: 18.10%
Net Profit: 42
: 27
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 292
: 254
Operating Profit: —
OPM %: —
Other Income: 7
Interest: 1
Depreciation: 4
: 44
Tax %: 22.74%
Net Profit: 34
: 2
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 16
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	260	271	283	270	301	743	903	965	1,025	1,108	1,140
	219	231	230	217	231	618	703	817	859	938	967
Operating Profit	42	54	59	61	75	130	216	156	182	208	—
OPM %	16	20	21	23	25	18	24	16	18	19	—
Other Income	1	13	6	8	5	6	16	8	16	38	43
Interest	0	0	0	1	1	1	2	3	3	2	3
Depreciation	5	6	5	6	6	19	28	34	39	28	25
	37	48	54	54	68	110	186	120	139	163	178
Tax %	36	33	32	26	26	39	28	24	26	24	23
Net Profit	24	32	36	40	50	68	134	90	103	124	138
EPS	22	0	0	0	49	44	86	58	67	80	—
Dividend Payout %	108	80	0	0	0	0	6	0	75	138	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	22	30	34	39	49	44	86	58	67	80	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	22	30	34	39	49	44	86	58	67	80	—

Mar 2017

: 260
: 219
Operating Profit: 42
OPM %: 16
Other Income: 1
Interest: 0
Depreciation: 5
: 37
Tax %: 36
Net Profit: 24
EPS: 22
Dividend Payout %: 108
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 22
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 22

Mar 2018

: 271
: 231
Operating Profit: 54
OPM %: 20
Other Income: 13
Interest: 0
Depreciation: 6
: 48
Tax %: 33
Net Profit: 32
EPS: 0
Dividend Payout %: 80
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 30
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 30

Mar 2019

: 283
: 230
Operating Profit: 59
OPM %: 21
Other Income: 6
Interest: 0
Depreciation: 5
: 54
Tax %: 32
Net Profit: 36
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 34
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 34

Mar 2020

: 270
: 217
Operating Profit: 61
OPM %: 23
Other Income: 8
Interest: 1
Depreciation: 6
: 54
Tax %: 26
Net Profit: 40
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 39
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 39

Mar 2021

: 301
: 231
Operating Profit: 75
OPM %: 25
Other Income: 5
Interest: 1
Depreciation: 6
: 68
Tax %: 26
Net Profit: 50
EPS: 49
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 49
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 49

Mar 2022

: 743
: 618
Operating Profit: 130
OPM %: 18
Other Income: 6
Interest: 1
Depreciation: 19
: 110
Tax %: 39
Net Profit: 68
EPS: 44
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 44
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 44

Mar 2023

: 903
: 703
Operating Profit: 216
OPM %: 24
Other Income: 16
Interest: 2
Depreciation: 28
: 186
Tax %: 28
Net Profit: 134
EPS: 86
Dividend Payout %: 6
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 86
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 86

Mar 2024

: 965
: 817
Operating Profit: 156
OPM %: 16
Other Income: 8
Interest: 3
Depreciation: 34
: 120
Tax %: 24
Net Profit: 90
EPS: 58
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 58
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 58

Mar 2025

: 1,025
: 859
Operating Profit: 182
OPM %: 18
Other Income: 16
Interest: 3
Depreciation: 39
: 139
Tax %: 26
Net Profit: 103
EPS: 67
Dividend Payout %: 75
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 67
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 67

Mar 2026

: 1,108
: 938
Operating Profit: 208
OPM %: 19
Other Income: 38
Interest: 2
Depreciation: 28
: 163
Tax %: 24
Net Profit: 124
EPS: 80
Dividend Payout %: 138
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 80
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 80

TTM

: 1,140
: 967
Operating Profit: —
OPM %: —
Other Income: 43
Interest: 3
Depreciation: 25
: 178
Tax %: 23
Net Profit: 138
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: 15%
5 Years:: 30%
3 Years:: 7%

COMPOUNDED PROFIT GROWTH

10 Years:: 13%
5 Years:: 20%
3 Years:: -3%

STOCK PRICE CAGR

10 Years:: —
5 Years:: -3%
3 Years:: -15%
1 Year:: -15%

RETURN ON EQUITY

10 Years:: 23%
5 Years:: 20%
3 Years:: 17%
Last Year:: 18%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	11	11	11	10	10	16	16	16	16	16
	116	118	128	142	191	379	515	596	620	761
Trade Payables	3	8	8	12	5	73	64	28	61	57
	39	53	43	49	55	123	136	122	121	87
Total Liabilities	169	189	190	213	263	590	730	761	818	921
ASSETS	-	-	-	-	-	-	-	-	-	-
	27	22	19	26	25	108	142	131	113	73
Capital Work in Progress	0	0	0	0	0	6	6	5	0	0
	0	0	0	0	0	0	0	15	0	0
	0	0	0	0	0	2	0	0	0	0
	0	0	0	0	0	0	0	249	222	230
Cash & Bank	89	85	99	87	131	180	156	184	229	376
	54	82	72	99	107	294	426	176	254	243
Total Assets	169	189	190	213	263	590	730	761	818	921
Total Debt	0	0	0	0	0	1	0	0	0	0
Net Working Capital	95	101	110	124	171	274	385	494	419	583
Contingent Liabilities	8	6	90	91	91	105	106	99	124	137
Book Value per Share	119.00	119.95	129.48	148.33	196.77	254.15	341.56	393.78	409.69	500.20
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Total Debt	0	0	0	0	0	1	0	0	0	0
Net Working Capital	95	101	110	124	171	274	385	494	419	583
Contingent Liabilities	8	6	90	91	91	105	106	99	124	137
Book Value per Share	119.00	119.95	129.48	148.33	196.77	254.15	341.56	393.78	409.69	500.20
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00

Mar 2017

Equity Capital: 11
: 116
Trade Payables: 3
: 39
Total Liabilities: 169
: 27
Capital Work in Progress: 0
: 0
: 0
: 0
Cash & Bank: 89
: 54
Total Assets: 169
Total Debt: 0
Net Working Capital: 95
Contingent Liabilities: 8
Book Value per Share: 119.00
Face Value: 10.00
Total Debt: 0
Net Working Capital: 95
Contingent Liabilities: 8
Book Value per Share: 119.00
Face Value: 10.00

Mar 2018

Equity Capital: 11
: 118
Trade Payables: 8
: 53
Total Liabilities: 189
: 22
Capital Work in Progress: 0
: 0
: 0
: 0
Cash & Bank: 85
: 82
Total Assets: 189
Total Debt: 0
Net Working Capital: 101
Contingent Liabilities: 6
Book Value per Share: 119.95
Face Value: 10.00
Total Debt: 0
Net Working Capital: 101
Contingent Liabilities: 6
Book Value per Share: 119.95
Face Value: 10.00

Mar 2019

Equity Capital: 11
: 128
Trade Payables: 8
: 43
Total Liabilities: 190
: 19
Capital Work in Progress: 0
: 0
: 0
: 0
Cash & Bank: 99
: 72
Total Assets: 190
Total Debt: 0
Net Working Capital: 110
Contingent Liabilities: 90
Book Value per Share: 129.48
Face Value: 10.00
Total Debt: 0
Net Working Capital: 110
Contingent Liabilities: 90
Book Value per Share: 129.48
Face Value: 10.00

Mar 2020

Equity Capital: 10
: 142
Trade Payables: 12
: 49
Total Liabilities: 213
: 26
Capital Work in Progress: 0
: 0
: 0
: 0
Cash & Bank: 87
: 99
Total Assets: 213
Total Debt: 0
Net Working Capital: 124
Contingent Liabilities: 91
Book Value per Share: 148.33
Face Value: 10.00
Total Debt: 0
Net Working Capital: 124
Contingent Liabilities: 91
Book Value per Share: 148.33
Face Value: 10.00

Mar 2021

Equity Capital: 10
: 191
Trade Payables: 5
: 55
Total Liabilities: 263
: 25
Capital Work in Progress: 0
: 0
: 0
: 0
Cash & Bank: 131
: 107
Total Assets: 263
Total Debt: 0
Net Working Capital: 171
Contingent Liabilities: 91
Book Value per Share: 196.77
Face Value: 10.00
Total Debt: 0
Net Working Capital: 171
Contingent Liabilities: 91
Book Value per Share: 196.77
Face Value: 10.00

Mar 2022

Equity Capital: 16
: 379
Trade Payables: 73
: 123
Total Liabilities: 590
: 108
Capital Work in Progress: 6
: 0
: 2
: 0
Cash & Bank: 180
: 294
Total Assets: 590
Total Debt: 1
Net Working Capital: 274
Contingent Liabilities: 105
Book Value per Share: 254.15
Face Value: 10.00
Total Debt: 1
Net Working Capital: 274
Contingent Liabilities: 105
Book Value per Share: 254.15
Face Value: 10.00

Mar 2023

Equity Capital: 16
: 515
Trade Payables: 64
: 136
Total Liabilities: 730
: 142
Capital Work in Progress: 6
: 0
: 0
: 0
Cash & Bank: 156
: 426
Total Assets: 730
Total Debt: 0
Net Working Capital: 385
Contingent Liabilities: 106
Book Value per Share: 341.56
Face Value: 10.00
Total Debt: 0
Net Working Capital: 385
Contingent Liabilities: 106
Book Value per Share: 341.56
Face Value: 10.00

Mar 2024

Equity Capital: 16
: 596
Trade Payables: 28
: 122
Total Liabilities: 761
: 131
Capital Work in Progress: 5
: 15
: 0
: 249
Cash & Bank: 184
: 176
Total Assets: 761
Total Debt: 0
Net Working Capital: 494
Contingent Liabilities: 99
Book Value per Share: 393.78
Face Value: 10.00
Total Debt: 0
Net Working Capital: 494
Contingent Liabilities: 99
Book Value per Share: 393.78
Face Value: 10.00

Mar 2025

Equity Capital: 16
: 620
Trade Payables: 61
: 121
Total Liabilities: 818
: 113
Capital Work in Progress: 0
: 0
: 0
: 222
Cash & Bank: 229
: 254
Total Assets: 818
Total Debt: 0
Net Working Capital: 419
Contingent Liabilities: 124
Book Value per Share: 409.69
Face Value: 10.00
Total Debt: 0
Net Working Capital: 419
Contingent Liabilities: 124
Book Value per Share: 409.69
Face Value: 10.00

Mar 2026

Equity Capital: 16
: 761
Trade Payables: 57
: 87
Total Liabilities: 921
: 73
Capital Work in Progress: 0
: 0
: 0
: 230
Cash & Bank: 376
: 243
Total Assets: 921
Total Debt: 0
Net Working Capital: 583
Contingent Liabilities: 137
Book Value per Share: 500.20
Face Value: 10.00
Total Debt: 0
Net Working Capital: 583
Contingent Liabilities: 137
Book Value per Share: 500.20
Face Value: 10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	42	25	41	17	66	24	23	71	179	119
Cash from Investing	-12	-19	25	-8	-43	4	-36	-31	-53	32
Cash from Financing	-31	-31	-26	-29	-3	-10	-7	-15	-87	-9
	-0	-25	39	-20	21	18	-19	25	39	142
Free Cash Flow	42	24	39	6	62	-78	-31	58	147	119
OCF / Net Profit	1.78	0.78	1.12	0.42	1.32	0.36	0.17	0.79	1.74	0.96
Cumulative 5-Year FCF	0	0	0	0	173	53	-2	16	158	215
OCF / Net Profit	1.78	0.78	1.12	0.42	1.32	0.36	0.17	0.79	1.74	0.96
Cumulative 5-Year FCF	0	0	0	0	173	53	-2	16	158	215

Mar 2017

: 42
Cash from Investing: -12
Cash from Financing: -31
: -0
Free Cash Flow: 42
OCF / Net Profit: 1.78
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.78
Cumulative 5-Year FCF: 0

Mar 2018

: 25
Cash from Investing: -19
Cash from Financing: -31
: -25
Free Cash Flow: 24
OCF / Net Profit: 0.78
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.78
Cumulative 5-Year FCF: 0

Mar 2019

: 41
Cash from Investing: 25
Cash from Financing: -26
: 39
Free Cash Flow: 39
OCF / Net Profit: 1.12
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.12
Cumulative 5-Year FCF: 0

Mar 2020

: 17
Cash from Investing: -8
Cash from Financing: -29
: -20
Free Cash Flow: 6
OCF / Net Profit: 0.42
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.42
Cumulative 5-Year FCF: 0

Mar 2021

: 66
Cash from Investing: -43
Cash from Financing: -3
: 21
Free Cash Flow: 62
OCF / Net Profit: 1.32
Cumulative 5-Year FCF: 173
OCF / Net Profit: 1.32
Cumulative 5-Year FCF: 173

Mar 2022

: 24
Cash from Investing: 4
Cash from Financing: -10
: 18
Free Cash Flow: -78
OCF / Net Profit: 0.36
Cumulative 5-Year FCF: 53
OCF / Net Profit: 0.36
Cumulative 5-Year FCF: 53

Mar 2023

: 23
Cash from Investing: -36
Cash from Financing: -7
: -19
Free Cash Flow: -31
OCF / Net Profit: 0.17
Cumulative 5-Year FCF: -2
OCF / Net Profit: 0.17
Cumulative 5-Year FCF: -2

Mar 2024

: 71
Cash from Investing: -31
Cash from Financing: -15
: 25
Free Cash Flow: 58
OCF / Net Profit: 0.79
Cumulative 5-Year FCF: 16
OCF / Net Profit: 0.79
Cumulative 5-Year FCF: 16

Mar 2025

: 179
Cash from Investing: -53
Cash from Financing: -87
: 39
Free Cash Flow: 147
OCF / Net Profit: 1.74
Cumulative 5-Year FCF: 158
OCF / Net Profit: 1.74
Cumulative 5-Year FCF: 158

Mar 2026

: 119
Cash from Investing: 32
Cash from Financing: -9
: 142
Free Cash Flow: 119
OCF / Net Profit: 0.96
Cumulative 5-Year FCF: 215
OCF / Net Profit: 0.96
Cumulative 5-Year FCF: 215

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	22.30	29.86	33.79	38.92	49.20	43.61	86.27	58.27	66.52	79.89
Book Value (₹)	119.00	119.95	129.48	148.33	196.77	254.15	341.56	393.78	409.69	500.20
Dividend per Share (₹)	24.00	24.00	0.00	0.00	0.00	0.00	5.00	0.00	50.00	110.00
Cash EPS (₹)	27.16	35.04	38.93	44.60	54.86	55.70	104.23	79.96	91.85	98.14
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	16.32%	19.82%	20.91%	22.57%	25.01%	17.52%	23.94%	15.37%	16.17%	15.34%
Net Margin %	9.16%	11.79%	12.80%	14.77%	16.76%	9.11%	14.82%	9.37%	10.07%	11.19%
ROE %	20.19%	25.02%	27.10%	27.44%	28.51%	22.70%	28.96%	15.85%	16.56%	17.56%
ROCE %	31.52%	37.70%	40.11%	37.91%	39.24%	37.29%	40.69%	21.40%	22.86%	23.34%
	13.58%	17.82%	19.09%	19.83%	21.23%	15.87%	20.28%	12.13%	13.08%	14.26%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	68	74	73	82	83	58	83	92	84	74
Inventory Days	0	0	0	0	0	1	0	0	0	0
Payable Days	0	0	0	0	0	2189	3480	3424	2167	1488
	68	74	73	82	83	-2130	-3396	-3332	-2083	-1413
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Interest Coverage (x)	189.91x	167.95x	800.52x	49.79x	65.78x	91.85x	83.49x	46.83x	42.91x	73.74x
	3.17x	2.61x	3.11x	3.32x	4.11x	2.57x	3.30x	5.77x	3.90x	5.55x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	-1.60%	4.34%	4.25%	-4.44%	11.35%	146.78%	21.65%	6.82%	6.21%	8.12%
Operating Profit Growth %	-29.92%	26.71%	10.01%	3.13%	23.42%	72.83%	66.24%	-27.93%	16.70%	14.29%
Net Profit Growth %	-35.46%	34.28%	13.22%	10.22%	26.41%	34.17%	97.83%	-32.45%	14.16%	20.09%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-32.45%	14.16%	20.09%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	20.81x	11.97x	8.12x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	3.08x	1.94x	1.30x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	6.28%	16.96%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	10.89x	5.54x	3.03x

Mar 2017

EPS (₹): 22.30
Book Value (₹): 119.00
Dividend per Share (₹): 24.00
Cash EPS (₹): 27.16
Operating Margin %: 16.32%
Net Margin %: 9.16%
ROE %: 20.19%
ROCE %: 31.52%
: 13.58%
Debtor Days: 68
Inventory Days: 0
Payable Days: 0
: 68
Debt to Equity (x): 0.00x
Interest Coverage (x): 189.91x
: 3.17x
Revenue Growth %: -1.60%
Operating Profit Growth %: -29.92%
Net Profit Growth %: -35.46%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 29.86
Book Value (₹): 119.95
Dividend per Share (₹): 24.00
Cash EPS (₹): 35.04
Operating Margin %: 19.82%
Net Margin %: 11.79%
ROE %: 25.02%
ROCE %: 37.70%
: 17.82%
Debtor Days: 74
Inventory Days: 0
Payable Days: 0
: 74
Debt to Equity (x): 0.00x
Interest Coverage (x): 167.95x
: 2.61x
Revenue Growth %: 4.34%
Operating Profit Growth %: 26.71%
Net Profit Growth %: 34.28%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 33.79
Book Value (₹): 129.48
Dividend per Share (₹): 0.00
Cash EPS (₹): 38.93
Operating Margin %: 20.91%
Net Margin %: 12.80%
ROE %: 27.10%
ROCE %: 40.11%
: 19.09%
Debtor Days: 73
Inventory Days: 0
Payable Days: 0
: 73
Debt to Equity (x): 0.00x
Interest Coverage (x): 800.52x
: 3.11x
Revenue Growth %: 4.25%
Operating Profit Growth %: 10.01%
Net Profit Growth %: 13.22%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 38.92
Book Value (₹): 148.33
Dividend per Share (₹): 0.00
Cash EPS (₹): 44.60
Operating Margin %: 22.57%
Net Margin %: 14.77%
ROE %: 27.44%
ROCE %: 37.91%
: 19.83%
Debtor Days: 82
Inventory Days: 0
Payable Days: 0
: 82
Debt to Equity (x): 0.00x
Interest Coverage (x): 49.79x
: 3.32x
Revenue Growth %: -4.44%
Operating Profit Growth %: 3.13%
Net Profit Growth %: 10.22%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 49.20
Book Value (₹): 196.77
Dividend per Share (₹): 0.00
Cash EPS (₹): 54.86
Operating Margin %: 25.01%
Net Margin %: 16.76%
ROE %: 28.51%
ROCE %: 39.24%
: 21.23%
Debtor Days: 83
Inventory Days: 0
Payable Days: 0
: 83
Debt to Equity (x): 0.00x
Interest Coverage (x): 65.78x
: 4.11x
Revenue Growth %: 11.35%
Operating Profit Growth %: 23.42%
Net Profit Growth %: 26.41%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 43.61
Book Value (₹): 254.15
Dividend per Share (₹): 0.00
Cash EPS (₹): 55.70
Operating Margin %: 17.52%
Net Margin %: 9.11%
ROE %: 22.70%
ROCE %: 37.29%
: 15.87%
Debtor Days: 58
Inventory Days: 1
Payable Days: 2189
: -2130
Debt to Equity (x): 0.00x
Interest Coverage (x): 91.85x
: 2.57x
Revenue Growth %: 146.78%
Operating Profit Growth %: 72.83%
Net Profit Growth %: 34.17%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 86.27
Book Value (₹): 341.56
Dividend per Share (₹): 5.00
Cash EPS (₹): 104.23
Operating Margin %: 23.94%
Net Margin %: 14.82%
ROE %: 28.96%
ROCE %: 40.69%
: 20.28%
Debtor Days: 83
Inventory Days: 0
Payable Days: 3480
: -3396
Debt to Equity (x): 0.00x
Interest Coverage (x): 83.49x
: 3.30x
Revenue Growth %: 21.65%
Operating Profit Growth %: 66.24%
Net Profit Growth %: 97.83%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 58.27
Book Value (₹): 393.78
Dividend per Share (₹): 0.00
Cash EPS (₹): 79.96
Operating Margin %: 15.37%
Net Margin %: 9.37%
ROE %: 15.85%
ROCE %: 21.40%
: 12.13%
Debtor Days: 92
Inventory Days: 0
Payable Days: 3424
: -3332
Debt to Equity (x): 0.00x
Interest Coverage (x): 46.83x
: 5.77x
Revenue Growth %: 6.82%
Operating Profit Growth %: -27.93%
Net Profit Growth %: -32.45%
: -32.45%
P/E (x): 20.81x
P/B (x): 3.08x
Dividend Yield %: 0.00%
: 10.89x

Mar 2025

EPS (₹): 66.52
Book Value (₹): 409.69
Dividend per Share (₹): 50.00
Cash EPS (₹): 91.85
Operating Margin %: 16.17%
Net Margin %: 10.07%
ROE %: 16.56%
ROCE %: 22.86%
: 13.08%
Debtor Days: 84
Inventory Days: 0
Payable Days: 2167
: -2083
Debt to Equity (x): 0.00x
Interest Coverage (x): 42.91x
: 3.90x
Revenue Growth %: 6.21%
Operating Profit Growth %: 16.70%
Net Profit Growth %: 14.16%
: 14.16%
P/E (x): 11.97x
P/B (x): 1.94x
Dividend Yield %: 6.28%
: 5.54x

Mar 2026

EPS (₹): 79.89
Book Value (₹): 500.20
Dividend per Share (₹): 110.00
Cash EPS (₹): 98.14
Operating Margin %: 15.34%
Net Margin %: 11.19%
ROE %: 17.56%
ROCE %: 23.34%
: 14.26%
Debtor Days: 74
Inventory Days: 0
Payable Days: 1488
: -1413
Debt to Equity (x): 0.00x
Interest Coverage (x): 73.74x
: 5.55x
Revenue Growth %: 8.12%
Operating Profit Growth %: 14.29%
Net Profit Growth %: 20.09%
: 20.09%
P/E (x): 8.12x
P/B (x): 1.30x
Dividend Yield %: 16.96%
: 3.03x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	71.05	71.05	71.05	71.05	71.05	71.05	71.05	71.05	71.05
	0.06	0.21	0.49	0.33	0.09	0.13	0.32	0.42	0.13
	1.83	1.78	1.00	0.91	0.84	0.84	0.07	0.01	0.12
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	27.06	26.96	27.46	27.72	28.02	27.99	28.56	28.53	28.70

Jun 2024

: 71.05
: 0.06
: 1.83
Government: 0.00
: 27.06

Sep 2024

: 71.05
: 0.21
: 1.78
Government: 0.00
: 26.96

Dec 2024

: 71.05
: 0.49
: 1.00
Government: 0.00
: 27.46

Mar 2025

: 71.05
: 0.33
: 0.91
Government: 0.00
: 27.72

Jun 2025

: 71.05
: 0.09
: 0.84
Government: 0.00
: 28.02

Sep 2025

: 71.05
: 0.13
: 0.84
Government: 0.00
: 27.99

Dec 2025

: 71.05
: 0.32
: 0.07
Government: 0.00
: 28.56

Mar 2026

: 71.05
: 0.42
: 0.01
Government: 0.00
: 28.53

Jun 2026

: 71.05
: 0.13
: 0.12
Government: 0.00
: 28.70

Documents

Announcements

Resignation of Director/KMP/SMP
2026-08-19 - Expleo Solutions Limited has informed the Exchange about Resignation of Director/KMP/SMP
Resignation
2026-08-19 - Expleo Solutions Limited has informed the Exchange regarding Resignation of Mr. Rizwan Shaikhmohammed, KMP and SMP of the company.

Annual Reports

Credit Ratings

Nothing filed yet.

Concalls

Aug 2026
TranscriptPPTREC
May 2026
Transcript PPTREC
Feb 2026
TranscriptPPTREC