Market closedLast updated 16 JUL 2026, 16:08 ISTData NSENot investment advice
TechnicalsTV Chart
65.00
0.00+0.00%
Overall Score52/100
Today's 64
₹65.00
66
52-Week 48
₹65.00
103
Open65.32
Prev Close65.00
Bid64.98100
Ask65.03100

TODAY IN ONE LINE

XCHANGING slipped 0.7% on light volume, in line with Nifty's 0.1% move.

With a market cap of ₹724.12 Cr., it trades at a P/E of 11.61. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume75.8K20%vs 20D avg
Market Cap₹724.12 Cr.
Promoter Hold.75%
Face Value₹10
Fwd P/E
PEG1.16
EV/EBITDA
P/S3.43
ROA8.34%
Beta1.31
Div Payout37.45%
THE STOCK SCORE

How good is this company?

Overall performance across 5 key dimensions.

Overall Score52/100
Updated 14 Jul
Each card tappable → shows formula + inputs
FLAGS

Xchanging Solutions flags 

Key strengths and potential risks.

9 green flags🚩 0 red flags

Green Flags

  • Earnings GrowthEPS (TTM) grew by a solid 10.6% YoY
  • High Capital EfficiencyROCE of 18.0% indicating pricing power
  • Strong Return on EquityHealthy ROE of 15.8%
  • Healthy Operating MarginsOPM is structurally strong at 34.3%
  • Reasonable ValuationTrading at a moderate P/E of 11.6x
  • High Promoter HoldingPromoters hold 75.0% skin-in-the-game
  • Steady Dividend YieldReliable 3.20% dividend yield
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.18x
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

No red flags identified

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

No recent changes found for this period.
🔒Prime: full history + alerts on this stock
Valuation

Xchanging Solutions Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Xchanging Solutions Limited, framed against the sector median so the premium or discount is obvious at a glance.

Xchanging Solutions Limited trades at a P/E of 11.61× and P/B of 1.74×.

Key MetricsLive · as of 15 Jul 2026
Valuation

Valuation

Market Cap
₹724.12 Cr.
P/E Ratio
Good
Better than threshold of 25
11.61
P/B Ratio
Good
Better than threshold of 3
1.74
EPS
₹5.34
Profitability

Profitability

ROE
Good
Better than threshold of 15%
15.75%
ROCE
Good
Better than threshold of 15%
18%
Net Margin
Good
Better than threshold of 10%
28.8%
Op Margin
Good
Better than threshold of 15%
34.27%
Growth

Growth

EPS YoY
Neutral
Near threshold of 15%
10.6%
Revenue YoY
Watch
Below quality threshold of 5%
1.1%
Qtr Sales
Neutral
Near threshold of 10%
1.1%
Qtr Profit
Good
Better than threshold of 10%
10.8%
Financial Health

Financial Health

Debt / Equity
Good
Better than threshold of 1
0.18
Book Value
₹35.61
Div Yield
Good
Better than threshold of 2%
3.2%
Promoter Holding
Good
Better than threshold of 50%
75.00%
Technicals

Xchanging Solutions Limited technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Xchanging Solutions Limited — derived from the live tape, not yesterday's close.

Xchanging Solutions Limited last traded at ₹65 with an intraday range of ₹64.09–₹65.74 — live indicator, pivot and CPR signals below.

Last updated: 16:08:00 IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹65.00
LevelPrice (₹)Distance% Δ
R469.10+4.10+6.30%
R367.45+2.45+3.76%
R266.59+1.59+2.45%
R165.80+0.80+1.23%
PIVOT64.94-0.06-0.09%
CURRENT65.00
S164.15-0.85-1.31%
S263.29-1.71-2.63%
S362.50-2.50-3.85%
S460.85-4.15-6.39%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 64.91P: 64.94TC: 64.97
R1
R2
R3
R4
indicator
LTP: 65.00
PDH: 66.39
PDL: 64.64
● Market Sentiment

XCHANGING is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Narrower, suggesting likely for trending moves

● Opening Range

Day's range: 65.3265.74

● Price Position

Trading Inside opening range

Financials

Xchanging Solutions Limited financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for Xchanging Solutions Limited, switchable between annual and quarterly views, consolidated or standalone.

Xchanging Solutions Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹724.12 Cr. and reported EPS of ₹5.34.

Period201820192020202120222023202420252026
Revenue from Operations
186
184
182
196
174
174
174
185
203
Other Income
16
15
13
16
9
11
22
17
14
Total Income
202
199
195
212
183
185
196
202
217
Gross Profit
186
184
182
196
174
174
174
185
203
+Operating Expenses
160
141
134
140
121
125
128
132
134
EBITDA
26
43
48
55
53
50
47
53
69
+Non-Operating Expenses
1
0
2
2
1
1
2
7
5
Profit Before Tax (PBT)
41
57
59
70
61
60
66
63
77
+Tax Expense
9
10
5
7
8
15
52
14
17
Total Profit for Period
32
47
55
62
53
45
14
50
59
Net Profit (Owner's PAT)
32
47
55
62
53
45
14
50
59
Earnings Per Share (EPS)
2.84
4.19
4.91
5.60
4.72
4.03
1.23
4.45
5.34
Diluted Shares Outstanding (Nos.)
11
11
11
11
11
11
11
11
11
+Additional Disclosures
163
145
144
139
127
143
128
138
140
Sales Growth %
-0.97
-1.00
7.40
-10.97
0.09
0.00
6.01
9.75
YoY Sales Growth %
-0.97
-1.00
7.40
-10.97
0.09
0.00
6.01
9.75
Employee Cost %
56
48
42
38
36
36
35
34
30
Other Cost %
30
29
32
34
34
35
38
37
36
OPM %
14
23
26
28
31
28
27
29
34
Tax %
22
18
8
10
14
25
79
22
22
Profit Growth %
47.63
17.11
14.15
-15.81
-14.59
-69.49
261.90
19.91
Gross Margin %
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
EBITDA Margin %
14.01
23.21
26.43
28.29
30.62
28.44
26.81
28.69
33.77
Interest Coverage Ratio
622.00
4,226.00
359.54
207.69
327.88
490.00
24.72
8.30
12.69
Ebit
25
42
47
54
52
49
46
53
69
all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

Xchanging Solutions segment analysis: revenue and profit mix.

Disclosed business segments at Xchanging Solutions with their share of revenue and profit, switchable between consolidated and standalone reporting.

Xchanging Solutions discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Xchanging Solutions Limited.

Our AI distills the core fundamental drivers supporting Xchanging Solutions Limited, the risks that threaten it, and the exact valuation or growth triggers that should make you re-evaluate.

Xchanging Solutions Limited's investment case rests on 11 positive markers and 11 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Operating margin 33.76% far exceeds IT peer median ~20%, signaling superior cost efficiency

  • Net margin 28.80% TTM ranks highest among IT peers, indicating strong pricing power

  • P/E 11.61x sits well below peer median 14.57x, offering valuation comfort despite quality

  • Promoter holding 75% stable across quarters, reducing dilution risk and signaling commitment

  • ROCE 18.00% and ROE 15.75% demonstrate efficient capital deployment above sector averages

bear case

Key Risks.

  • TTM revenue growth 1.1% YoY shows stagnant top-line expansion and limited momentum

  • Institutional ownership minimal at 0.01%, signals weak external investor conviction

  • Stock price 38% below 52-week high of ₹103, indicates significant undervaluation risk

  • Beta 1.31 shows higher volatility than market, amplifying downside exposure risk

  • FII holdings eased from 23.90% to 19.16%, signals foreign investor caution and concern

flip conditions

Flip Conditions.

  • Trim if P/E re-rates above 15. The valuation cushion thins from there.

  • Exit if deal pipeline (TCV) shrinks or margin drops below historical averages.

  • Watch wage inflation and attrition rates — primary threats to operating leverage in IT.

  • Exit if ROE slips below 11%. The operating engine is no longer compounding capital efficiently.

Shareholding

Xchanging Solutions shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Xchanging Solutions — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualMar 2026

Promoters22.93%
Public24.59%0.10%
Promoter52.07%
FII0.11%0.10%
DII0.30%

Ownership Distribution

Promoters
22.93%
Retail & Public
24.59%
Promoter Foreign
52.07%
Foreign Institutions
0.11%
Domestic Institutions
0.30%

Category Trends

Foreign Institutions Breakdown
Total Holding: 0.11%
Net Change: +0.10%
Category Total0.11%
Total Holding0.11%
Net Change+0.10%
Aggregate Data
Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod

Foreign Institutions: 0.11%

Individual institutional breakdown is not disclosed by the company, but aggregate holding data is shown above.

💡 This category has 0.11% total holding without detailed institution-wise disclosure
Peers

Xchanging Solutions Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Xchanging Solutions Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Tata Consultancy Services Limited
₹7.91 Lakh Cr
Best Profit Growth
TREJHARA SOLUTIONS LIMITED
258.00 %
Highest Dividend Yield
Cybertech Systems And Software Limited
17.14 %

Peer Comparison

Company Name
09 · Chart Patterns

Xchanging Solutions Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Xchanging Solutions Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

  1. 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
  2. 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
  3. 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
  4. 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
  5. 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Detection
History
Click a pattern card to draw the pattern shape on the candles — labeled pivots (Head, Shoulders, Bottoms), neckline, breakout point, projection and invalidation. Click again to clear.
0 patterns
Historical accuracy
0 of 0 confirmed patterns reached projection
Avg move when projection reached
measured from break level
Avg sessions to projection
after confirmation
Best pattern on XCHANGING
needs ≥3 completions

Pattern history — every completed pattern and its outcome

No completed patterns yet.
View full XCHANGING pattern history & scanner →
Delivery Conviction

Xchanging Solutions Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Xchanging Solutions Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Xchanging Solutions Limited stood at 61.7% of traded volume, against a 20-day average of 58.2%.

Avg Delivery (20D)58.2%+3.5 ppt latest vs avg
Highest Delivery75.1%on 17 Jun
Avg Volume (20D)94.9 K20-day run-rate
Conviction Trend↓ Weakening+3.5 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Xchanging Solutions announcements: results, concalls, ratings, M&A.

Filings Xchanging Solutions sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Xchanging Solutions files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 49 documents below.

  1. 17 Jun 2026Disclosure under SEBI Takeover RegulationsView PDF

    Disclosure under SEBI Takeover Regulations

    Xchanging Technology Services India Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and…

  2. 17 Jun 2026Disclosure under SEBI Takeover RegulationsView PDF

    Disclosure under SEBI Takeover Regulations

    XCHANGING (MAURITIUS) LIMITED has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India…

  3. 15 Jun 2026Disclosure under SEBI Takeover RegulationsView PDF

    Disclosure under SEBI Takeover Regulations

    DXC Technology India Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board…

  4. 15 Jun 2026Disclosure under SEBI Takeover RegulationsView PDF

    Disclosure under SEBI Takeover Regulations

    DXC Technology India Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board…

  5. 22 May 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Xchanging Solutions Limited has informed the Exchange about Copy of Newspaper Publication of Financial Results

Corporate Actions

Xchanging Solutions dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Xchanging Solutions has declared, sequenced by announce and record date.

Xchanging Solutions corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About Xchanging Solutions Limited: business, sector, key facts.

What Xchanging Solutions Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Xchanging Solutions Limited operates in the Computers - Software & Consulting industry under the Information Technology sector, listed as NSE: XCHANGING, BSE: 532616.

XCHANGING
Information Technology

Xchanging Solutions Limited

Xchanging Solutions Limited is a global information technology (IT) services provider with operations spanning India, Europe, the United States, Singapore, and other international locations. Their core business revolves around delivering a comprehensive suite of IT solutions across various sectors, leveraging expertise in consulting, data analytics, design, and engineering to cater to diverse client needs.

The company's service portfolio is extensive and covers several key areas. They offer application services, encompassing application modernization, enterprise application and SaaS solutions, modern application development, managed application services, testing, digital assurance, and support for DXC software and Cloud Right applications. In the realm of cloud infrastructure, they provide advisory, migration services, and support for public, private, hybrid, and multi-cloud environments.

Furthermore, Xchanging offers robust IT outsourcing services, encompassing business continuity planning and execution, compute and data center management, mainframe services, network management, and storage and backup solutions. Their expertise extends to specialized industry solutions, notably in the insurance sector with business process as a service (BPaaS) offerings and insurance software development. They also provide banking business process outsourcing (BPO) solutions, along with services in finance and accounting, asset management, and intelligent collaboration tools.

Beyond core IT services, Xchanging provides modern device management support and a range of security services. These security offerings include cyber risk and compliance assessments, cyber transformation and operations management, digital identity solutions, and robust protection for infrastructure, applications, and data. Their client base is remarkably diverse, encompassing industries such as aerospace and defense, automotive, banking and capital markets, consumer and retail, energy, utilities, healthcare, insurance, life sciences, manufacturing, public sector, technology, media, and telecommunications, and travel, transportation, and hospitality.

In essence, Xchanging Solutions Limited positions itself as a versatile and comprehensive IT solutions provider, catering to a broad range of industries with a diverse portfolio that spans from core IT infrastructure and application services to specialized industry-specific solutions and robust cybersecurity offerings. Their global reach and multifaceted service capabilities contribute to their significant presence in the international IT services market.

company facts
Employees
SectorInformation Technology
HeadquartersBengaluru, India
Market Cap₹724.12 Cr.
Listed OnNSE
leadership11 on record
Mr. Henry D'Souza
Non-Executive Independent Director
Mr. Kartik Iyer
Additional Non-Independent Non-Executive Director
Mr. Lokendra Kumar Sethi
Head of HR – India
Mr. Pankaj Vaish
Non-Executive Independent Director
Mr. Shrenik Champalal
Whole Time Director, Chief Financial Officer
Mr. Shrenik Kumar Champalal
CFO & Whole-Time Executive Director
Mrs. Radhika Khurana
Compliance Officer, Company Secretary
Mrs. Rama Srinivasaiyengar
Independent Director
Mr. Swaminathan Swaminathan
MD, CEO & Executive Director
Mr. Swaminatha Swaminathan
Chief Executive Officer, Managing Director, Director
Ms. Radhika Khurana
Company Secretary, Compliance Officer
§ ∞ · Plainly Answered

Questions investors ask about Xchanging Solutions Limited (XCHANGING).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Xchanging Solutions Limited (XCHANGING)?

The current share price of Xchanging Solutions Limited (XCHANGING) is ₹65. Today, the stock has gained by ₹0.00 (0.00%), trading in a range of ₹64.09 to ₹65.74. The stock opened at ₹65.32 with a trading volume of 75,760 shares.

02Is Xchanging Solutions Limited stock a good investment for long-term?

Xchanging Solutions Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹724.12 crores, P/E ratio of 11.61, ROE of 15.75%, and ROCE of 18.00%. The dividend yield stands at 3.20%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Xchanging Solutions Limited stock?

The 52-week high price of Xchanging Solutions Limited (XCHANGING) is ₹103, while the 52-week low is ₹47.5. Currently trading at ₹65, the stock is 31.5% away from its 52-week low and 36.9% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Xchanging Solutions Limited stock at the current price?

Whether to buy Xchanging Solutions Limited stock at ₹65 depends on multiple factors. The stock is currently trading with a P/E ratio of 11.61 and P/B ratio of 1.74. Today's performance shows a gain of 0.00%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Xchanging Solutions Limited and when is the next dividend?

Xchanging Solutions Limited offers a dividend yield of 3.20%, which means for every ₹100 invested at the current price of ₹65, you can expect to receive approximately ₹3.20 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Xchanging Solutions Limited?

Xchanging Solutions Limited's key financial metrics include: P/E Ratio: 11.61, P/B Ratio: 1.74, ROE: 15.75%, ROCE: 18.00%, Dividend Yield: 3.20%, EPS: ₹5.34, Book Value: ₹35.61, and Debt-to-Equity: 0.18. The company's market cap stands at ₹724.12 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Xchanging Solutions Limited stock performing today in the market?

Xchanging Solutions Limited stock opened at ₹65.32 and is currently trading at ₹65, showing a gain of ₹0.00 (0.00%). The intraday high is ₹65.74 and low is ₹64.09. The trading volume stands at 75,760 shares, indicating moderate market participation today.

08What is the P/E ratio of Xchanging Solutions Limited and what does it indicate?

Xchanging Solutions Limited has a Price-to-Earnings (P/E) ratio of 11.61, which means investors are willing to pay ₹11.61 for every ₹1 of earnings. With an EPS of ₹5.34, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Xchanging Solutions Limited (XCHANGING) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.