Xchanging Solutions

₹61.14As of Sun 8 Nov 2026, 12:00 UTC

NSE:XCHANGINGTechnology

Country India

PE (Fwd) 10.50

TSR 10Y CAGR 1.11%

Div yield 3.27%

ROE —

Information Technology Services

Beta (5Y) 0.79

PE TTM 11.46

TSR TTM (33.88%)

Mkt cap ₹6.712B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹67

9.77%

(18.66%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

2.029

Revenue₹B

—

1.743

1.744

1.849

2.029

2.126

3.88%

9.75

Revenue growth%

—

0.09

—

6.01

9.75

4.78

3.05

—

70.10

Gross margin%

—

63.89

63.61

64.83

65.43

70.10

70.09

64.83

33.77

Operating margin%

—

30.27

28.09

26.70

28.53

33.77

33.70

28.53

100

29.30

Net margin%

—

30.17

25.74

7.85

26.81

29.30

29.16

26.81

100

11.46

P/E ratio (avg)x

—

22.26

17.66

88.85

27.28

16.45

10.99

22.26

9.939

EV/EBITx

—

22.18

16.18

26.14

25.64

14.27

9.505

22.18

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

5.34

EPS₹

—

4.72

4.03

1.23

4.45

5.34

5.56

3.12%

—

19.91

EPS growth%

—

(14.59)

(69.49)

261.90

19.91

4.28

2.66

—

Bookvalue per sh₹

—

FCF per share₹

—

2.00

Dividend per sh₹

—

32.00

2.00

1.03

(75.00%)

—

3.27

Div yield (avg)%

—

29.29

1.65

2.28

1.68

2.28

—

37.48

Payout ratio%

—

2602.13

44.94

37.48

18.43

37.48

111.4

Shares (diluted)M

—

111.4

◌111.4

—

Buyback yield%

—

◌—

—

D/E ratiox

—

6.811

Enterprise value₹B

—

11.70

7.929

12.17

13.53

9.779

6.811

(4.39%)

—

LT debt₹M

—

Peers (US$72.07M)

Cap (US$)

SRIT India Limited

84.09M

13.74x

Vakrangee Limited

65.98M

62.73x

Allied Digital…

63.94M

23.68x

Capinfo Company Limited

72.09M

6.356x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

12.69

24.90

Own earn%

—

Sh yield%

3.27

1.96

Owners

Insiders/Inst%

—

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

5/5

Revenue growth years

3/4

EPS growth years

2/4

Dividend streakyrs

Op margin range%

27–34

$1 testx

—

Incr. ROIC%

—

Xchanging Solutions Limited provides information technology services in India, Europe, the United States, Singapore, and internationally.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹2.029B

3.88%

1.00×

Cost of revenue

₹606.7M

(0.91%)

0.83×

Operating expenses

₹737.2M

5.91%

1.08×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m