X

Xchanging Solutions Limited

XCHANGINGNSE
Market snapshot · 2026-08-10 19:01 UTC

68.02

+₹0.78 (+1.16%)

MARKET CAP

₹757.77 Cr

STOCK P/E

12.7x

52W HIGH

₹103.00

52W LOW

₹47.50

BOOK VALUE

₹35.61

EPS

₹5.34

ROE

15.75%

SECTOR

Information Technology

DEBT/EQUITY

17.95

VOLUME

1.00L

P/B RATIO

1.91x

PEG RATIO

Sector

Information Technology

Themes

IT Services & Consulting
₹95.37₹84.22₹73.07₹61.91₹50.76VolumeAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Valuation Metrics

Trading 24.8% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.29). Confidence: 79%.

Forward Valuation Outlook

Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.

P/E
Strongly Undervalued

5Y Average

14.88

Current

12.59

Overvalued

20.33

Undervalued

15.19

P/S
Strongly Undervalued

5Y Average

4.36

Current

3.73

Overvalued

5.25

Undervalued

3.36

EV/EBITDA
Strongly Undervalued

5Y Average

8.80

Current

7.53

Overvalued

10.59

Undervalued

6.77

Peers & Comparison

Sector: Information Technology · Theme: IT Services & Consulting

IT Services & Consulting Peers8 peers
Avg P/E: 32.3x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
TATA CONSULTANCY SERV LT
TCSIT Services & Consulting
+13.9%18.1%
17.6x
Undervalued
-46% vs avg
-19.3%
INFOSYS LIMITED
INFYIT Services & Consulting
+2.9%16.4%
15.4x
Undervalued
-52% vs avg
-17.7%
WIPRO LTD
WIPROIT Services & Consulting
+10.6%13.9%
14.7x
Undervalued
-54% vs avg
-22.4%
TECH MAHINDRA LIMITED
TECHMIT Services & Consulting
+17.7%8.7%
28.3x
Fair
-12% vs avg
+10.4%
MPHASIS LIMITED
MPHASISIT Services & Consulting
+17.5%11.6%
25.1x
Undervalued
-22% vs avg
-7.4%
KPIT TECHNOLOGIES LIMITED
KPITTECHIT Services & Consulting
+8.9%8.8%
29.5x
Fair
-9% vs avg
-47.5%
NETWEB TECH INDIA LTD
NETWEBIT Services & Consulting
+172.1%9.6%
106.7x
Premium
+230% vs avg
+129.9%
HCL TECHNOLOGIES LTD
HCLTECHIT Services & Consulting
+3.0%13.0%
21.1x
Undervalued
-35% vs avg
-8.8%
WHY THESE PEERS

Comparable-scale peer data is limited — showing nearest stored business/industry peers instead of an empty comparison.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹9.71 CrDec 2025

Latest net profit

₹4.26 CrDec 2025

Latest EPS

₹0.31Dec 2025

Net Profit

₹4.26 CrProfit conversion

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.0%8.0%16.0%24.0%32.0%0.00 Cr6.00 Cr12 Cr18 Cr24 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr3.00 Cr6.00 Cr9.00 Cr12 Cr₹0₹1₹1₹2₹2
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesOther incomeProfitbefore taxTax & otherNet Profit0.00 Cr3.00 Cr6.00 Cr9.00 Cr12 Cr

Latest reported period: Dec 2025

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
20212022202320242025-90 Cr0.00 Cr90 Cr180 Cr270 Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales8.878.888.588.710.679.489.038.5711.6110.7511.629.71
Expenses7.325.746.276.898.717.737.937.238.177.68.536.98
Operating Profit1.42.992.161.691.841.630.991.33.423.14
OPM %15.78%33.67%25.17%19.43%17.24%17.19%10.96%15.17%29.46%29.21%
Other Income3.043.17572.977.635.433.713.663.493.4120.173.2
Interest0.020.020.020.020.040.020.010.01
Depreciation0.150.150.150.120.120.120.110.040.020.01
Profit before tax4.426.147.1474.649.437.044.694.956.916.5523.265.93
Tax %36.2%361.4%28.43%22.19%25.66%27.84%29.21%32.93%27.93%28.09%7.52%28.16%
Net Profit2.82-16.055.1158.087.015.083.323.324.984.7121.514.26
EPS in Rs0.2515.230.4616.590.630.460.290.560.450.422.150.31

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters75.00%75.00%75.00%75.00%75.00%
FII0.01%0.09%0.01%0.11%
DII0.29%0.29%0.29%0.29%0.29%
Public22.33%22.26%22.33%22.51%22.43%
Others2.37%2.36%2.38%2.19%2.17%
Mar 2026
Promoters
FII
DII
Public
Others