Xchanging Solutions Ltd (XCHANGING) — shareholding pattern, promoter holding, financials and share price
About Xchanging Solutions Ltd (XCHANGING)
Xchanging Solutions Ltd operates in the Computers - Software & Consulting industry, within the Information Technology sector. It trades on the NSE as XCHANGING and on the BSE under scrip code 532616. Its ISIN is INE692G01013.
Incorporated in 2002, Xchanging Solutions Ltd is an Information Technology services provider [1]
Xchanging Solutions Limited is a business process outsourcing (BPO) and information technology (IT) services provider with a significant international presence through subsidiaries in the USA, Singapore, and Australia.
The company operates under two main segments: Information Technology Outsourcing (ITO) and BPO, offering services like application implementation, custom development, testing, maintenance, and support.
Listed peers in Computers - Software & Consulting: Ksolves India Ltd, Mindteck (India) Ltd, Innovana Thinklabs Ltd, Softtech Engineers Ltd, Covance Softsol Ltd, CSM Technologies Ltd.
Valuation & Returns
10 Jul 2026At ₹64.82 a share on 10 Jul 2026, Xchanging Solutions Ltd (XCHANGING) was valued at a price-to-earnings ratio of 12.15x against an industry P/E of 17.23x and a price-to-book of 2.01x on a book value of ₹32.2 per share as of Mar 2025. Solomo computes return on equity of 16.58% and return on capital employed of 18.49% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 12.15x
- Industry P/E
- 17.23x
- P/B
- 2.01x
- EPS (TTM)
- ₹5.34
- Book value / share
- ₹32.2
- ROE
- 16.58%
- ROCE
- 18.49%
- ROA
- 11.79%
- Debt / equity
- 0.24x
- Dividend yield
- 3.09%
- EBITDA margin
- 40.46%
- 52-week range
- ₹47.5 – ₹103
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Xchanging Solutions Ltd (XCHANGING) reported revenue of ₹203 crore, net profit of ₹59 crore and earnings per share of ₹5.34. That compares with revenue of ₹185 crore and net profit of ₹50 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹51 crore and net profit ₹16 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 174 | 174 | 174 | 185 | 203 |
| Net profit (₹ cr) | 53 | 45 | 14 | 50 | 59 |
| EPS (₹) | 4.72 | 4.03 | 1.23 | 4.45 | 5.34 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | - | -1.95% | -4.09% | 6.01% |
| Profit growth | - | -2.90% | -4.07% | 261.90% |
| Stock price CAGR | -4% | -8% | -18% | -33% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 75% of Xchanging Solutions Ltd (XCHANGING) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.03% and domestic institutional investors (DII) hold 0.18%. Market capitalisation was ₹722 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2004.
Largest disclosed public shareholders in Jun 2026: HUF 1.01%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 75% | - | 0.03% | 0.18% | 25% |
| Mar 2026 | 75% | - | 0.11% | 0.3% | 25% |
| Dec 2025 | 75% | - | 0.01% | 0.3% | 25% |
| Sep 2025 | 75% | - | 0% | 0.3% | 25% |
| Jun 2025 | 75% | - | 0.09% | 0.3% | 25% |
| Mar 2025 | 75% | - | 0.01% | 0.3% | 25% |
| Dec 2024 | 75% | - | 0.07% | 0.3% | 25% |
| Sep 2024 | 75% | - | 0.08% | 0.3% | 25% |