Flash Finance

Xchanging Solutions LimitedXCHANGINGCorporate

Computers - Software - Medium / Small Latest results: Jun 2026 15 quarters of data
Consolidated Standalone
₹60.85
MCap ₹678 Cr · P/E 11.2
Xchanging Solutions Limited — Stock analysis & AI research Xchanging Solutions Limited — Seasonality — best & worst months Xchanging Solutions Limited — Technical setup — score, trend, support & resistance Xchanging Solutions Limited — Live exchange announcements
📋 High Operating Margin Stocks📋 High Interest Coverage Stocks 🏭 IT sector
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹54 Cr
Sales · Jun 2026
+7.3% YoY
₹18 Cr
Operating Profit · Jun 2026
+12.4% YoY
33.5%
OPM % · Jun 2026
+4.7% YoY
₹15 Cr
Net Profit · Jun 2026
+8.0% YoY
₹1.36
EPS · Jun 2026
+9.7% YoY

📝 Xchanging Solutions Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Xchanging Solutions Limited reported revenue of ₹54 crore for the quarter ended June 2026 (Q1 FY27), up 7.3% from ₹50 crore in the same quarter last year, and up 5.2% sequentially over the March 2026 quarter.

Net profit rose 8.0% year-on-year to ₹15 crore, from ₹14 crore. Earnings per share (EPS) came in at ₹1.36.

Operating profit stood at ₹18 crore — an operating margin (OPM) of 33.5%, compared with 32.0% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Xchanging Solutions Limited posted revenue of ₹203 crore, a growth of 9.7% over FY25, with a net profit of ₹59 crore (up 18.6% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹206 crore with a net profit of ₹61 crore.

Valuation snapshot

At the current price of ₹60.85, XCHANGING has a market capitalisation of ₹678 crore and a trailing P/E of about 11.2.

Within the Computers - Software - Medium / Small industry, it is the 25th-largest of the 126 companies we track by market value.

Shareholding pattern

As of Jun 2026, promoters held 75.00%, foreign institutional investors (FIIs) 0.03%, domestic institutional investors (DIIs) 0.18%, public shareholders 24.80% of Xchanging Solutions Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹678 Cr
Current Price ?
₹60.9
P/E ?
11.19below ind
Industry P/E ?
18.20
P/B ?
1.71
P/S ?
3.29
P/FCF ?
16.53
Enterprise Value ?
₹749 Cr
EV/EBITDA ?
10.69
PEG ?
1.12
Earnings Yield ?
9.4%
Dividend Yield ?
3.29%
Profitability & Returns
Sales (TTM) ?
₹206 Cr
OPM ?
34.0%
Profit after tax (TTM) ?
₹61 Cr
EPS (TTM) ?
₹5.44
ROCE ?
18.0%
ROE ?
15.3%
ROA ?
11.6%
Growth
Sales — latest qtr ?
₹54 Cr
PAT — latest qtr ?
₹15 Cr
YoY qtr sales growth ?
7.3%
YoY qtr profit growth ?
8.0%
Sales growth (3y) ?
5%
Sales growth (5y) ?
1%
Profit growth (3y) ?
10%
Profit growth (5y) ?
-1%
Financial Health
Debt ?
₹71 Cr
Debt to Equity ?
0.18
Interest Coverage ?
14.5
Current Ratio ?
N/A
Ownership
Promoter holding ?
75.00%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-7.3%
Return 6 months ?
-7.4%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 414644434244444446515053495154 +7.3% +5.2%
Operating Profit 81314121110111114171617161918 +12.4% -5.3%
Other Income 234658644443334 -11.0% +18.7%
Interest 000002222211111 +9.0% +9.0%
Depreciation 000000000000000 — —
Profit Before Tax 101617171616141316201919182120 +7.7% -2.6%
Net Profit 711-914-412111014151416131615 +8.0% -5.5%
EPS 0.620.99-0.811.24-0.321.110.950.881.301.321.241.461.181.461.36 +9.7% -6.8%
OPM % 19.4% 28.7% 31.6% 26.9% 26.6% 22.2% 24.2% 25.0% 31.0% 33.3% 32.0% 32.2% 32.9% 37.3% 33.5% +4.7% -10.2%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹185 Cr ₹203 Cr ₹206 Cr +9.7%
Operating Profit ₹53 Cr ₹68 Cr ₹70 Cr +28.9%
OPM % 28.60% 33.60% 33.97% +17.5%
NPM % 27.13% 29.33% 29.36% +8.1%
Other Income ₹17 Cr ₹14 Cr ₹13 Cr -22.4%
Depreciation ₹0 Cr ₹0 Cr ₹0 Cr -100.0%
Interest ₹7 Cr ₹5 Cr ₹5 Cr -35.1%
EBIT ₹53 Cr ₹68 Cr ₹70 Cr +29.3%
PBT ₹64 Cr ₹77 Cr ₹78 Cr +20.5%
Tax ₹6 Cr ₹7 Cr ₹13 Cr +30.3%
Net Profit ₹50 Cr ₹59 Cr ₹61 Cr +18.6%
EPS ₹4.45 ₹5.34 ₹5.46 +20.0%
Material Cost — — ₹17 Cr —
Employee Cost ₹31 Cr ₹31 Cr ₹46 Cr -0.4%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 111111111111 +0.0%
Reserves 565243247285 +15.4%
Borrowings 11058571 -16.5%
Other Liabilities 66646056 -6.7%
Total Liabilities 743523504523 +3.8%
Fixed Assets 160159158158 +0.0%
CWIP 0000 —
Investments 0000 —
Other Assets 583364346364 +5.2%
Total Assets 743523504523 +3.8%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 42-124741 -12.8%
Cash from Investing Activity 34371613 -18.8%
Cash from Financing Activity -0-232-70-50 +28.6%
Net Cash Flow 75-207-84 +150.0%
Free Cash Flow 42-124741 -12.8%
CFO/OP 113%98%109%96% -11.9%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 16242430 +25.0%
Inventory Days ———0 —
Cash Conversion Cycle 16242430 +25.0%
Working Capital Days -56-55-86-64 +25.6%
ROCE % 9%12%15%18% +20.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 % Chg
Promoters 75.00%75.00%75.00%75.00%75.00% +0.0%
FIIs 0.09%0.00%0.01%0.11%0.03% -72.7%
DIIs 0.29%0.29%0.29%0.29%0.18% -37.9%
Public 24.61%24.69%24.69%24.60%24.80% +0.8%
No. of Shareholders 81,41679,66377,62475,07973,508 -2.1%

⚖️ Peer comparison

Industry: Computers - Software - Medium / Small · top 25 of 126 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 BBOX Black Box ₹795.75 14,132 63.0 6,323 218 8.7% 3.5% 6.0% 6.7% 9.5% 7.5%
2 E2E E2E Networks ₹590.40 12,130 103.4 546 117 70.9% 21.5% 49.8% -132.8% 410.9% 640.2%
3 CYIENT Cyient ₹1,054.50 10,978 30.3 7,632 414 12.3% 5.4% -1.3% -28.6% 21.3% -30.9%
4 RATEGAIN Rategain Travel ₹837.10 9,913 40.8 2,336 242 19.7% 10.4% 69.4% -6.9% 187.6% 102.2%
5 BLS BLS International ₹226.74 9,331 13.2 3,179 745 27.3% 23.4% 36.7% 34.1% 25.3% 11.4%
6 INTELLECT Intellect Design ₹652.10 9,098 25.6 3,181 351 19.0% 11.0% 21.5% 2.7% 20.4% 8.7%
7 BSOFT BIRLASOFT ₹281.25 7,865 13.7 5,405 573 20.0% 10.6% -1.2% 0.2% 7.4% 51.9%
8 NEWGEN Newgen Software ₹478.45 6,763 21.6 1,611 314 25.8% 19.5% 5.9% -4.6% 11.3% 26.7%
9 SONATSOFTW Sonata Software ₹241.15 6,675 14.6 10,701 463 7.6% 4.3% 5.4% 8.9% -3.1% 20.4%
10 TANLA Tanla Platforms ₹499.70 6,599 12.4 4,603 533 16.5% 11.6% 9.7% 0.4% 17.8% 20.1%
11 LATENTVIEW Latent View ₹255.60 5,293 27.0 1,111 199 21.8% 17.9% 25.0% 16.8% 21.6% -7.6%
12 EMUDHRA eMudhra ₹642.30 5,270 46.0 745 117 23.3% 15.7% 35.1% 27.9% 29.5% 27.9%
13 KODYTECH Kody Technolab ₹3,550.00 5,074 223.8 84 22 32.7% 26.5% — — 59.9% 104.9%
14 MAPMYINDIA C.E. Info ₹900.00 4,928 35.8 492 139 35.6% 28.2% 2.2% -9.1% 14.9% 10.0%
15 MASTEK Mastek ₹1,589.50 4,928 11.8 3,769 417 15.9% 11.1% 7.0% 7.0% 7.7% 15.0%
16 HAPPSTMNDS Happiest Minds ₹318.35 4,784 21.6 2,394 223 16.9% 9.3% 12.3% 14.9% 14.3% 18.3%
17 MPSLTD MPS ₹2,654.90 4,507 24.0 806 188 32.0% 23.3% 5.7% 16.0% 20.4% 44.0%
18 DATAMATICS Datamatics Global ₹755.55 4,466 20.7 2,033 217 19.5% 10.7% 15.3% -5.1% 9.9% 43.7%
19 63MOONS 63 moons ₹905.10 4,171 — 212 -37 -136.8% -17.3% 122.3% 28.5% 2028.8% 1666.0%
20 MOSCHIP Moschip Technologies ₹200.33 3,906 230.5 501 17 7.7% 3.3% 29.3% -10.2% -14.1% -98.0%
21 AURIONPRO Aurionpro Solutions ₹711.10 3,826 19.2 1,433 206 19.2% 14.4% 20.4% 11.6% 6.3% -11.7%
22 NPST Network People ₹1,678.20 3,501 78.3 218 45 25.2% 20.6% 12.8% -7.9% 66.6% 52.9%
23 CIGNITITEC Cigniti Technologies ₹1,260.10 3,471 11.5 2,211 302 17.1% 13.7% -16.5% 14.3% 12.2% 26.3%
24 RSYSTEMS R Systems ₹254.70 3,018 15.6 2,230 193 16.9% 8.6% 18.3% 49.3% 30.2% -26.7%
25 XCHANGING Xchanging Solutions ₹63.00 702 11.5 206 61 34.0% 29.4% 9.7% 18.6% 7.3% 8.0%
❓ Frequently asked questions
What was Xchanging Solutions Limited's revenue in Q1 FY27?
Xchanging Solutions Limited reported revenue of ₹54 crore for the quarter ended June 2026 (Q1 FY27), up 7.3% from ₹50 crore in the same quarter last year, and up 5.2% sequentially over the March 2026 quarter.
What was Xchanging Solutions Limited's net profit in Q1 FY27?
Net profit rose 8.0% year-on-year to ₹15 crore, from ₹14 crore. Earnings per share (EPS) came in at ₹1.36.
What is XCHANGING's market capitalisation and P/E ratio?
At the current price of ₹60.85, XCHANGING has a market capitalisation of ₹678 crore and a trailing P/E of about 11.2.
Who owns Xchanging Solutions Limited? (shareholding pattern)
As of Jun 2026, promoters held 75.00%, foreign institutional investors (FIIs) 0.03%, domestic institutional investors (DIIs) 0.18%, public shareholders 24.80% of Xchanging Solutions Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI