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NSE Close — 25 Sep 2026
₹61.42
Change
+1.07 (1.77%)
Open
₹62.0
Prev. Close
₹60.35
Day High
₹62.0
Day Low
₹60.12
Volume Analysis
Traded
64,422
Delivered
35,832
Delivery %
55.62%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Strong operating margin (34.0%)
Weaknesses (0)
No signal for this stock
Opportunities (0)
No signal for this stock
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹64.12 | ₹63.06 | ₹62.24 | ₹61.18 | ₹60.36 | ₹59.3 | ₹58.48 |
| Fibonacci | ₹63.06 | ₹62.34 | ₹61.9 | ₹61.18 | ₹60.46 | ₹60.02 | ₹59.3 |
| Camarilla | ₹61.94 | ₹61.76 | ₹61.59 | ₹61.18 | ₹61.25 | ₹61.08 | ₹60.9 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-24.52%
1 Week
+0.18%
1 Month
+0.07%
3 Months
+0.49%
6 Months
+15.6%
1 Year
-27.25%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹36.24
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
22.95%
Net margin 29.47% × asset turnover 0.59x × equity multiplier 1.32x
Company Overview
Sector
Information Technology
Market Cap
₹673 Cr
P/E (TTM)
11.1
ROE
15.8%
Book Value
₹35.6
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 22 Sep 2026. Not investment advice.
TopFund Analysis
Xchanging Solutions Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Information Technology sector, at 61/100. The strongest factor is Financial Strength (100/100), while Growth (19/100) is the weakest area to weigh before deciding. Notably: Strong operating margin (34.0%).
TopFund Score — Fundamentals Quality
61/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company has been maintaining a healthy dividend payout of 949%
- −The company has delivered a poor sales growth of 0.72% over past five years.
- −Company has a low return on equity of 9.82% over last 3 years.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
FY26 annual report filed; 25th AGM on Sept. 15, 2026; final dividend of Rs 2/share recommended.
XSL filed FY26 annual report; 25th AGM on September 15, 2026, with Rs 2 final dividend recommended.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| 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 % | 32.0% | 27.0% | 27.0% | 22.0% | 24.0% | 24.0% | 31.0% | 34.0% | 33.0% | 32.0% | 33.0% | 37.0% | 34.0% |
| 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 % | 151.0% | 19.0% | 123.0% | 23.0% | 27.0% | 25.0% | 12.0% | 25.0% | 27.0% | 14.0% | 27.0% | 22.0% | 26.0% |
| Net Profit + | -9 | 14 | -4 | 12 | 11 | 10 | 14 | 15 | 14 | 16 | 13 | 16 | 15 |
| EPS in Rs | -1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Dec 2014 | Dec 2015 | Mar 2017 15m | 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% | 10.0% | 3.0% | 14.0% | 23.0% | 26.0% | 28.0% | 31.0% | 28.0% | 27.0% | 29.0% | 34.0% | 34.0% |
| 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 % | 21.0% | 24.0% | 8.0% | 22.0% | 18.0% | 8.0% | 10.0% | 14.0% | 25.0% | 79.0% | 22.0% | 22.0% | — |
| Net Profit + | 25 | 29 | 18 | 32 | 47 | 55 | 62 | 53 | 45 | 14 | 50 | 59 | 61 |
| EPS in Rs | 2 | 3 | 2 | 3 | 4 | 5 | 6 | 5 | 4 | 1 | 4 | 5 | 5 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 2,765.0% | 45.0% | 37.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Dec 2014 | Dec 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 193 | 222 | 239 | 272 | 322 | 385 | 444 | 502 | 565 | 243 | 247 | 285 |
| Borrowings + | 2 | 1 | 1 | 0 | 0 | 2 | 3 | 2 | 1 | 105 | 85 | 71 |
| Other Liabilities + | 103 | 78 | 101 | 84 | 80 | 75 | 67 | 61 | 66 | 64 | 60 | 56 |
| Total Liabilities | 409 | 412 | 452 | 468 | 513 | 573 | 625 | 676 | 743 | 523 | 504 | 523 |
| Fixed Assets + | 166 | 164 | 161 | 159 | 159 | 161 | 160 | 161 | 160 | 159 | 158 | 158 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 101 | 122 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 243 | 249 | 190 | 188 | 355 | 412 | 465 | 516 | 583 | 364 | 346 | 364 |
| Total Assets | 409 | 412 | 452 | 468 | 513 | 573 | 625 | 676 | 743 | 523 | 504 | 523 |
| Equity Capital | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Dec 2014 | Dec 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 1 | 28 | 38 | 36 | 48 | 46 | 62 | 35 | 42 | -12 | 49 | 41 |
| Cash from Investing Activity + | 4 | 6 | 8 | 6 | 14 | 24 | 5 | 15 | 34 | 37 | 16 | 20 |
| Cash from Financing Activity + | 0 | -1 | -1 | -1 | 0 | -1 | -2 | -1 | 0 | -232 | -72 | -50 |
| Net Cash Flow | 5 | 33 | 45 | 42 | 62 | 69 | 65 | 49 | 75 | -207 | -8 | 11 |
| CFO/OP | 485 | 113 | 451 | 142 | 128 | 113 | 124 | 84 | 113 | 98 | 113 | 96 |
| Free Cash Flow | -4 | 26 | 38 | 37 | 48 | 45 | 61 | 35 | 42 | -12 | 49 | 41 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 24.6% | 24.58% | 24.47% | 24.61% | 24.62% | 24.63% | 24.7% | 24.61% | 24.69% | 24.69% | 24.6% | 24.8% |
| Promoters | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% | 75.0% |
| FII | 0.11% | 0.11% | 0.23% | 0.09% | 0.08% | 0.07% | 0.01% | 0.09% | 0.0% | 0.01% | 0.11% | 0.03% |
| DII | 0.29% | 0.29% | 0.29% | 0.29% | 0.29% | 0.29% | 0.29% | 0.29% | 0.29% | 0.29% | 0.29% | 0.17% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Information Technology — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Xchanging Solutions Ltd (this stock) | 673 | 11.1 | 1.69 | 15.8% |
| Softtech Engineers Ltd | 664 | 132.0 | 3.87 | 2.9% |
| Onward Technologies Ltd | 640 | 14.2 | 2.59 | 19.5% |
| TVS Electronics Ltd | 715 | 72.6 | 8.2 | 11.6% |
| Kellton Tech Sol Ltd | 716 | 7.84 | 0.89 | 13.6% |
| Innovana Thinklabs Ltd | 616 | 20.0 | 2.27 | 15.0% |
| Ksolves India Limited | 589 | 15.9 | 20.0 | 137.0% |
Which Mutual Funds Hold Xchanging Solutions Ltd?
Frequently Asked Questions about Xchanging Solutions Ltd
Xchanging Solutions Ltd (XCHANGING) closed at ₹61.42 on NSE on 25 September 2026, up 1.07 (1.77%) from the previous close.
Xchanging Solutions Ltd trades on the NSE (National Stock Exchange of India) under the symbol XCHANGING.
Xchanging Solutions Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 11.1.
Xchanging Solutions Ltd has a dividend yield of 3.32%.
Xchanging Solutions Ltd's 52-week high is ₹103.0 and its 52-week low is ₹47.5.
Xchanging Solutions Ltd has a market capitalisation of ₹673 crore.
Xchanging Solutions Ltd has a TopFund Quality Score of 61/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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