TECHM vs XCHANGING: Stock Comparison
TECH MAHINDRA is the larger company by market capitalisation. TECH MAHINDRA shows a higher ROE and faster revenue growth, while XCHANGING SOLUTIONS shows a lower P/E, a higher dividend yield and a higher ROCE. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
TECHM leads 6; XCHANGING leads 6 of 13
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Valuation lens
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | TECHM | XCHANGING |
|---|---|---|
| Sector | Information Technology | Information Technology |
| Industry | Computers - Software & Consulting | Computers - Software & Consulting |
Price
| Metric | TECHM | XCHANGING |
|---|---|---|
| Live Price | ₹1,769.6 | ₹57.99 |
| Day Change | -0.39% | 2.35% |
| Volume | 27.93 L | 38,928 |
| 52-Week High | ₹1,854 | ₹103 |
| 52-Week Low | ₹1,304.1 | ₹47.5 |
| Distance from 52W High | -4.55% | -43.7% |
Valuation
| Metric | TECHM | XCHANGING |
|---|---|---|
| Market Cap | ₹1.74 L Cr | ₹648 Cr |
| P/E Ratio | 31.4x | 10.92x |
| P/B Ratio | 5.85x | 1.68x |
| EPS | ₹61.58 | ₹1.36 |
| Book Value | ₹334.91 | ₹35.55 |
| Dividend Yield | 2.84% | 3.51% |
Growth
| Metric | TECHM | XCHANGING |
|---|---|---|
| Revenue Growth (TTM YoY) | 12.6% | 1.1% |
| EPS Growth (TTM YoY) | 15.9% | 10.6% |
| Qtr Sales Growth | 2.98% | 0% |
| Qtr Profit Growth | 8.3% | 0% |
Profitability & Leverage
| Metric | TECHM | XCHANGING |
|---|---|---|
| ROE | 17.77% | 12.14% |
| ROCE | 20.38% | 79.65% |
| Net Margin | 8.47% | 28.8% |
| Operating Margin | 11.09% | 98.59% |
| Debt to Equity | 0x | 0x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | TECHM | XCHANGING |
|---|---|---|
| Promoter Holding | 34.94% | 22.93% |
| FII Holding | 20.77%▲ 2.11 pp | 0%▼ 0.03 pp |
| DII Holding | 35.68%▼ 1.24 pp | 0%▼ 0.18 pp |
| Public Holding | 8.42%▼ 0.87 pp | 24.99%▲ 0.19 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: TECH MAHINDRA and XCHANGING SOLUTIONS.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

