XCHANGING
Xchanging Solutions Limited (XCHANGING) Stock Analysis
Xchanging Solutions Limited provides IT services and business process outsourcing to insurance and enterprise clients. It develops software and manages operations for global customers from India. The company is part of the insurance-technology services space. It is listed on Indian stock exchanges.
Technology › Information Technology Services
₹60.30
+0.95% 1W | -28.90% 52W
Market Cap
672 CR
P/E Ratio
11
52W High
₹103
52W Low
₹47.5
Div. Yield
3.39%
Beta
0.8
50 DMA
₹62.9
200 DMA
₹65
Profit Margin
29.4%
Inst. Own.
0%
📉 CONSOLIDATING DOWN
📉 CONSOLIDATING DOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 44 | 43 | 42 | 44 | 44 | 44 | 46 | 51 | 50 | 53 | 49 | 51 | 54 |
| Expenses | 30 | 32 | 31 | 35 | 33 | 34 | 31 | 33 | 34 | 36 | 33 | 32 | 36 |
| Operating Profit | 14 | 12 | 11 | 10 | 11 | 11 | 14 | 17 | 16 | 17 | 16 | 19 | 18 |
| OPM % | 32% | 27% | 27% | 22% | 24% | 24% | 31% | 34% | 33% | 32% | 33% | 37% | 34% |
| Other Income | 4 | 6 | 5 | 8 | 6 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 4 |
| Interest | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 17 | 17 | 16 | 16 | 14 | 13 | 16 | 20 | 19 | 19 | 18 | 21 | 20 |
| Tax % | 151% | 19% | 123% | 23% | 27% | 25% | 12% | 25% | 27% | 14% | 27% | 22% | 26% |
| Net Profit | -9 | 14 | -4 | 12 | 11 | 10 | 14 | 15 | 14 | 16 | 13 | 16 | 15 |
| EPS in Rs | -0.81 | 1.24 | -0.32 | 1.11 | 0.95 | 0.88 | 1.30 | 1.32 | 1.24 | 1.46 | 1.18 | 1.46 | 1.36 |
| Metric | Dec 2014 | Dec 2015 | Mar 201715m | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 287 | 279 | 307 | 186 | 184 | 182 | 196 | 174 | 174 | 174 | 185 | 203 | 207 |
| Expenses | 286 | 252 | 298 | 160 | 141 | 134 | 140 | 121 | 125 | 128 | 132 | 134 | 136 |
| Operating Profit | 1 | 28 | 9 | 26 | 43 | 48 | 55 | 53 | 50 | 47 | 53 | 69 | 70 |
| OPM % | 0.2% | 10% | 3.0% | 14% | 23% | 26% | 28% | 31% | 28% | 27% | 29% | 34% | 34% |
| Other Income | 36 | 15 | 14 | 16 | 15 | 13 | 16 | 9 | 11 | 22 | 17 | 14 | 13 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 6 | 5 | 5 |
| Depreciation | 5 | 4 | 3 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Profit before tax | 32 | 39 | 20 | 41 | 57 | 59 | 70 | 61 | 60 | 66 | 63 | 77 | 78 |
| Tax % | 21% | 24% | 8% | 22% | 18% | 8% | 10% | 14% | 25% | 79% | 22% | 22% | |
| Net Profit | 25 | 29 | 18 | 32 | 47 | 55 | 62 | 53 | 45 | 14 | 50 | 59 | 61 |
| EPS in Rs | 2.25 | 2.62 | 1.64 | 2.84 | 4.19 | 4.91 | 5.60 | 4.72 | 4.03 | 1.23 | 4.45 | 5.34 | 5.46 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 2,765% | 45% | 37% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 5.0% | 1.0% | -3.0% |
| Profit CAGR | 10.0% | -1.0% | 7.0% |
Shareholding Pattern
Promoters75.00%
FIIs0.09%
DIIs0.29%
Public24.61%
Promoters75.00%
DIIs0.29%
Public24.69%
Promoters75.00%
FIIs0.01%
DIIs0.29%
Public24.69%
Promoters75.00%
FIIs0.11%
DIIs0.29%
Public24.60%
Promoters75.00%
FIIs0.03%
DIIs0.17%
Public24.80%
Promoters75.00%
FIIs0.05%
DIIs0.31%
Public24.63%
Promoters75.00%
FIIs0.23%
DIIs0.29%
Public24.47%
Promoters75.00%
FIIs0.01%
DIIs0.29%
Public24.70%
Promoters75.00%
FIIs0.11%
DIIs0.29%
Public24.60%
Promoters75.00%
FIIs0.03%
DIIs0.17%
Public24.80%
XCHANGING
Holdings Analysis
Key strengths & risk signals
66
Overall
75
Fundamental
57
Technical
Risks (3)
POOR YEAR! Stock declined 28.9% in the last year.
WEAK POSITION! Current price (60.3) is below both moving averages.
BEARISH TREND! 50-day average (62.9) is below 200-day average (65.0) - negative signal.
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 111,423 vs down days: 73,749. Ratio: 1.51x
BELOW MARKET! Beta of 0.80 - slightly less volatile than market.
NEUTRAL! RSI at 46.7 - balanced momentum.
Fundamental & Technical Analysis
66Overall
75Fundamental
57Technical
Fundamental Breakdown
Growth Quality
16/30
Revenue CAGR: 5.2% (MODERATE, 8/15). Profit CAGR: 9.8% (MODERATE, 8/15).
Profit Margin
9/10
EXCELLENT EFFICIENCY! 29.4% profit margin - company keeps strong profits.
PEG Valuation
9/10
FAIRLY VALUED! PEG of 1.12 indicates reasonable valuation.
Dividend Yield
7/10
GOOD DIVIDEND! 3.39% yield - decent income potential.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.24 - excellent financial health.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 24.68% public ownership - balanced ownership structure.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
3/10
BEARISH TREND! 50-day average (62.9) is below 200-day average (65.0) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (60.3) is below both moving averages.
Trend Pattern
10/20
Current trend: CONSOLIDATING DOWN
52W Performance
1/10
POOR YEAR! Stock declined 28.9% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 111,423 vs down days: 73,749. Ratio: 1.51x
RSI
3/5
NEUTRAL! RSI at 46.7 - balanced momentum.
52W Range
2/5
LOWER HALF! Trading at 23.1% of 52W range - weakness visible.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - 0.9% (1 week), -4.7% (1 month), -7.0% (3 months).
Beta
4/5
BELOW MARKET! Beta of 0.80 - slightly less volatile than market.
Peer Comparison
Technology · Information Technology Services · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| XCHANGING | ₹60.30 | 11 | 29.4% | 5.2% | 9.8% | -28.9% | 66 | CONSOLIDATING DOWN | +9.4% | -6.8% | +7.2% | +4.5% |
| ONWARDTEC | ₹307.00 | 16.2 | 7.6% | 7.2% | 56.9% | -5.5% | 77 | BREAKOUT | -11.8% | +16.7% | +12.2% | +9.0% |
| ADSL | ₹110.00 | 14.2 | 2.6% | 22.0% | 9.0% | -46.4% | 60 | APPROACHING RESISTANCE | -16.7% | -452.9% | +18.7% | -2.9% |
| VAKRANGEE | ₹5.00 | 63 | 4.4% | 8.9% | 123.8% | -36.6% | 50 | CONSOLIDATION | -18.8% | +30.0% | -18.8% | -1.4% |
| ACSTECH | ₹70.40 | 35.6 | 3.4% | 56.1% | 43.2% | +46.8% | 75 | CONSOLIDATING UP | +387.5% | +77.3% | +244.6% | -21.5% |
| 3IINFOLTD | ₹22.70 | 12.7 | 4.9% | -1.7% | 195.8% | +17.6% | 64 | BREAKDOWN | -11.0% | -11.0% | +1.2% | +1.2% |
| SIGMA | ₹44.20 | 18 | 31.9% | 19.6% | 26.6% | -13.0% | 76 | BREAKOUT | +142.3% | +133.3% | +11.1% | -6.5% |
| MINDTECK | ₹139.40 | 14.3 | 7.6% | 6.5% | 14.9% | -51.2% | 47 | BREAKDOWN | -4.5% | -17.6% | +2.8% | +0.2% |
Data from TradeAlone · Updated daily
No news tagged for XCHANGING yet.
