XCHANGING · Xchanging Solutions Ltd · Computer Services
XCHANGING · Xchanging Solutions Ltd · Computer Services
As of 06 Nov close
52-week range
39.1% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹54 Cr
Revenue YoY
PAT YoY
+9.8%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
3
P/S (TTM)
3.4
Sector P/E
25.5
Dividend yield
+3.2%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| XCHANGING (this stock) | 11.2 | 3 | +29.4% | +15.3% | 0.18 | +3.2% |
| Eternal | 559.1 | 12.1 | +0.6% | +1.4% | 0.15 | 0.0% |
| Wipro | 13.5 | 5.3 | +13.9% | +17.1% | 0.27 | +4.8% |
| Info Edge (India) | 44 | 2 | +53.7% | +4.0% | 0.57 | +0.7% |
Promoter
stable
FII
falling 1q
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedXchanging Solutions Limited's Annual Report for FY2025-26 outlines the company's operational and financial performance, corporate governance practices, and sustainability initiatives. The report highlights the company's focus on IT services, its adherence to corporate governance standards, and its efforts in risk management and internal controls. The company also discusses its business responsibility and sustainability report, which includes initiatives related to energy conservation and technology absorption. The report mentions the company's compliance with regulatory requirements and its commitment to maintaining strong internal financial controls.
- Focus on IT services as the primary operating segment.
- Adherence to corporate governance standards and establishment of a Vigil Mechanism/Whistle Blower Policy.
- Implementation of a Risk Management Framework and emphasis on internal financial controls.
- Commitment to sustainability initiatives, including energy conservation and technology absorption.
- Compliance with regulatory requirements and maintenance of proper internal controls.
Key takeaway: Xchanging Solutions Limited emphasizes its commitment to corporate governance, risk management, and sustainability initiatives while operating in a competitive technology services environment.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (2 items); Regulatory Action (1 item); Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
2 occurrencesRecent (last 12 months)
The auditor identified a material uncertain tax position in the company's financial statements as of March 31, 2026.
Earlier (1-3 years ago)
The auditor identified material uncertain tax positions and matters under dispute involving significant judgment.
Regulatory Action
1 occurrenceRecent (last 12 months)
The company received a Show Cause Notice from the Commissioner of Service Tax, Bangalore in 2012, leading to a confirmed service tax demand of Rs. 2,359 and penalties. The company appealed to CESTAT, but the matter was remanded and reconfirmed in 2025. Further appeals were filed in 2026.
Default / Covenant Breach
2 occurrencesRecent (last 12 months)
Xchanging Solutions Limited has undisputed statutory dues in arrears for more than six months as of March 31, 2026, including Goods and Service tax, Income-tax, and others, with disputes pending in various forums.
Earlier (1-3 years ago)
The company has statutory dues in arrears for more than six months as of March 31, 2025, including disputes over income tax and service tax amounts totaling Rs. 1.70 lakhs, with disputes pending in various forums.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
As at March 31, 2026, Xchanging Solutions (USA) Inc, a wholly owned subsidiary, has negative net assets of Rs. 2,674 Lakhs. The parent company intends to support any shortfall.
Earlier (1-3 years ago)
Xchanging Solutions (USA) Inc, a subsidiary of Xchanging Solutions Limited, has negative net assets of Rs. 5,956 lakh as of March 31, 2025, and the parent company intends to support any shortfall.
As at March 31, 2024, Xchanging Solutions (USA) Inc, a wholly owned subsidiary, has negative net assets of Rs. 8,423. The Company intends to support any shortfall.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company has strategic gross investment in Xchanging Solutions (USA) Inc, a wholly owned subsidiary, amounting to Rs. 11,224 as of March 31, 2026, with a provision of Rs. 6,045 made for impairment. The company also has receivables of Rs. 84 from the subsidiary.
Earlier (1-3 years ago)
Xchanging Solutions Limited has disclosed related parties including its ultimate holding company DXC Technology Company and intermediate holding companies CSC, USA, DXC US International Inc., and Lux 1 Holding Company.
Xchanging Solutions Limited's members approved a material related party transaction via postal ballot in the financial year ended March 31, 2024, with 95.88% of valid votes in favor.
Statutory dues in dispute
1 occurrenceEarlier (1-3 years ago)
Xchanging Solutions Limited has statutory dues in dispute with the Income Tax Department and Service Tax authorities, with amounts totaling Rs. 4,541 lakhs (including penalty) pending resolution as of March 31, 2024.
Management & Board Governance
1 occurrenceRecent (last 12 months)
Janaki Ashwin Patwardhan resigned as an independent director due to personal reasons and restructuring of professional commitments.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
2.11% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).