XCHANGING · NSE

Xchanging Solutions Limited

₹62.16

+0.58% (+₹0.36)

Prev. close

₹61.8

Volume

62,678

Delivery %

51.8%

As of

18 Sept 2026

Price history

₹62.16-₹0.86 (-1.36%) · 3M
10 Jun 202618 Sept 2026
₹68.44₹60.3110 Jun03 Jul03 Aug26 Aug18 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on Xchanging Solutions Limited in the last 90 days.

Fundamentals

About Xchanging Solutions Limited

Xchanging Solutions Limited provides information technology services in India, Europe, the United States, Singapore, and internationally. It provides application services, including applications modernization, managed applications, software development, and quality assurance services; AI workbench, enterprise intelligence, IoT and digital twin services, and modernization as a service; and enterprise applications, such as Amazon Quick, Microsoft, Oracle, Salesforce, SAP, and ServiceNow. The company also offers banking BPO, contact center experience BPO, and finance and accounting BPO; cloud platforms, intelligent operations, mainframe services, network services, private cloud services, public cloud services, and traditional hosting services; cyber risk and compliance services, cyber transformation and operations services, digital identity services, infrastructure, application and data protection services, and zero trust data mesh services; and device services, support services, and workplace experience services. In addition, it provides industry-specific platforms, including AMBER for automotive; CoreIgnite and Hogan for financial services; Assure for insurance; and DXC Oasis for operations. The company offers its services to aerospace and defense; automotive; financial services; consumer and retail; renewable energy, utilities, oil, and gas; healthcare; insurance; life sciences; manufacturing; public sector; technology, media, and telecommunication; and travel, transportation, and hospitality industries. The company was formerly known as Cambridge Solutions Limited and changed its name to Xchanging Solutions Limited in June 2012. Xchanging Solutions Limited was incorporated in 2002 and is based in Bengaluru, India. Xchanging Solutions Limited operates as a subsidiary of Xchanging Mauritius Limited.

Details

Sector

Technology

Industry

Information Technology Services

CEO

Mr. Swaminathan Swaminathan

Headquarters

Bengaluru

Employees

86

Key stats

Market cap

₹692.49 Cr

P/E ratio (TTM)

11.6

Dividend yield

3.24%

EPS (TTM)

₹5.35

Beta (1Y · daily vs NIFTY 50)

1.42

Beta (5Y · monthly vs NIFTY 50)

2.19

Shares float

8.57 Cr

EPS · quarter ended Jun 2026

₹1.36

Financial Performance

01 · Financials

0 Cr100 Cr200 Cr300 Cr-20%-10%0%10%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.0% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

0246FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

051015-100%-50%0%50%28 Jul 2323 Feb 2414 Jun 2411 Jul 2514 Aug 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-100%-50%0%50%100%FY21FY22FY23FY24FY25FY26
SalesFixed assetsReceivables (trade + unbilled)

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr250 Cr500 Cr750 Cr0.1×0.2×0.3×0.4×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr250 Cr500 Cr750 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-500 Cr0 Cr500 Cr1000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹195.74 Cr₹174.27 Cr₹174.42 Cr₹174.42 Cr₹184.90 Cr₹202.92 Cr
EBITDA₹71.31 Cr₹61.94 Cr₹60.31 Cr₹68.59 Cr₹70.06 Cr₹82.11 Cr
₹62.44 Cr₹52.57 Cr₹44.90 Cr₹13.70 Cr₹49.58 Cr₹59.45 Cr
Diluted EPS₹5.61₹4.72₹4.03₹1.23₹4.45₹5.34

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹624.95 Cr₹676.32 Cr₹743.16 Cr₹523.06 Cr₹504.24 Cr₹522.82 Cr
₹2.65 Cr₹1.72 Cr₹1.34 Cr₹105.26 Cr₹85.47 Cr₹71.11 Cr
Stockholders' equity₹555.69 Cr₹613.45 Cr₹676.22 Cr₹353.94 Cr₹358.67 Cr₹396.06 Cr

Inventory, CWIP, Others, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹61.98 Cr₹34.97 Cr₹42.03 Cr₹-12.06 Cr₹48.85 Cr₹41.15 Cr
Investing cash flow₹7.71 Cr₹7.87 Cr₹9.66 Cr₹35.48 Cr₹14.14 Cr₹12.90 Cr
₹-1.82 Cr₹-1.07 Cr₹-48.00 L₹-232.17 Cr₹-72.42 Cr₹-49.68 Cr
Capital expenditure₹-56.00 L₹-9.00 L₹-2.00 L
End cash position₹391.14 Cr₹439.75 Cr₹514.86 Cr₹307.69 Cr₹299.94 Cr₹311.00 Cr

Debt issued, Debt repaid, Capital expenditure have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Jun 26(20Q)
Promoter75.00%
Public25.00%
Employee trusts0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Technology

Company
Tata Consultancy Services Limited₹7.92 L Cr₹2,10515.97.3945.9%0.11+4.6%-33.7%
Infosys Limited₹4.20 L Cr₹1,037.713.533.9%0.10+4.6%-31.2%
HCL Technologies Limited₹3.40 L Cr₹1,249.319.54.5322.1%0.07+11.2%-16.4%
Wipro Limited₹1.65 L Cr₹166.413.51.8614.9%0.23+4.0%-34.5%
Tech Mahindra Limited₹1.38 L Cr₹1,537.127.04.6716.2%0.07+7.2%-0.9%
LTM Limited₹1.26 L Cr₹4,275.124.25.2620.9%0.10+11.3%
One 97 Communications Limited₹1.13 L Cr₹1,849.9175.97.053.5%0.01+21.5%+50.5%
LG Electronics India Limited₹1.11 L Cr₹1,652.960.614.4222.0%0.06+1.3%
Oracle Financial Services Software Limited₹1.01 L Cr₹11,89629.712.9333.7%0.00+12.1%+29.7%
Persistent Systems Limited₹85,505.25 Cr₹5,41644.710.9123.8%0.06+23.5%-2.7%
Dixon Technologies (India) Limited₹80,805.72 Cr₹13,00543.317.2830.8%0.21+25.8%-29.1%
Xchanging Solutions Limited₹692.49 Cr₹62.1611.61.7515.0%0.18+9.7%-31.1%

Ranked by market cap within Technology, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Index membership

1 index

Weight is BSE’s own published index weight. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

XCHANGING

Xchanging Solutions Ltd. Financials – Balance Sheet, Profit & Loss, Cash Flow

Xchanging Solutions Limited's operating revenue increased to ₹206.57 crore for the trailing twelve months (TTM) ending March 2026. This marks a rise from ₹202.92 crore in March 2025 and ₹184.90 crore in March 2024. The company's financial data includes annual and quarterly consolidated and standalone statements.

XCHANGING

Xchanging Solutions details TDS process for FY26 final dividend

TipRanks · 1 month ago