XCHANGING SOLUTIONS LTD (XCHANGING) financials

XCHANGING SOLUTIONS LTD (XCHANGING) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 2002, Xchanging Solutions Ltd is an Information Technology services provider[1]

Market Cap: ₹678Cr.
Current Price: ₹60.8
Stock P/E: 18.7
ROE: 12.4%
ROCE: 13.6%
Book Value: ₹27.3
Dividend Yield: 3.29%
52W High / Low: ₹103/47.5

In Jun 2026, XCHANGING SOLUTIONS LTD (XCHANGING) reported sales ₹9.37 Cr and net profit ₹3.95 Cr.

Annual TTM: sales ₹40 Cr, net profit ₹36 Cr.

Shareholding: Promoters 75.00% (Jun 2026), FIIs 0.03% (Jun 2026), DIIs 0.17% (Jun 2026), Public 24.80% (Jun 2026), No. of Shareholders 73,508% (Jun 2026).

XCHANGING quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	9.03	8.57	11.61	10.75	11.62	9.71	8.97	9.37
Expenses	7.93	7.23	8.17	7.60	8.53	8.01	6.22	7.30
Operating Profit	1.10	1.34	3.44	3.15	3.09	1.70	2.75	2.07
OPM %	12.18%	15.64%	29.63%	29.30%	26.59%	17.51%	30.66%	22.09%
Other Income	3.71	3.66	3.49	3.41	20.17	3.20	3.01	3.48
Interest	0.01	0.01	0.00	0.00	0.00	0.00	0.02	0.00
Depreciation	0.11	0.04	0.02	0.01	0.00	0.00	0.00	0.00
Profit before tax	4.69	4.95	6.91	6.55	23.26	4.90	5.74	5.55
Tax %	30.70%	-26.87%	27.93%	28.09%	-2.97%	29.18%	15.68%	28.83%
Net Profit	3.25	6.28	4.98	4.71	23.95	3.47	4.84	3.95
EPS in Rs	0.29	0.56	0.45	0.42	2.15	0.31	0.43	0.35
Raw PDF	—	—	—	—	—	—	—	—

XCHANGING profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	43	41	44	38	37	39	41	40
Expenses	31	32	28	28	28	31	30	30
Operating Profit	12	9	16	10	9	8	11	10
OPM %	27%	22%	35%	26%	25%	20%	26%	24%
Other Income	16	15	8	9	398	16	30	30
Interest	0	0	0	0	0	0	0	0
Depreciation	1	1	1	1	1	0	0	0
Profit before tax	26	22	23	19	407	24	40	39
Tax %	14%	18%	3%	22%	10%	17%	9%	—
Net Profit	23	18	22	15	366	20	37	36
EPS in Rs	2.04	1.63	1.99	1.32	32.90	1.76	3.32	3.24
Dividend Payout %	0%	0%	0%	0%	103%	114%	60%	—

XCHANGING balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	111	111	111	111	111	111	111	111
Reserves	93	116	134	156	170	203	178	193
Borrowings	0	2	3	2	1	1	0	0
Other Liabilities	52	45	44	41	39	38	35	31
Total Liabilities	256	274	292	310	322	353	325	336
Fixed Assets	0	2	2	2	2	1	0	0
CWIP	0	0	0	0	0	0	0	0
Investments	52	52	52	52	52	52	52	52
Other Assets	204	220	239	256	269	300	273	284
Total Assets	256	274	292	310	322	353	325	336

XCHANGING cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	9	5	13	11	10	-33	12	5
Cash from Investing Activity	8	17	8	7	9	412	14	30
Cash from Financing Activity	-0	-1	-1	-1	-0	-335	-45	-22
Net Cash Flow	17	22	19	18	18	45	-18	12
Free Cash Flow	9	5	13	11	10	-33	13	5
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	110%	98%	194%	109%	118%	91%	157%	108%

XCHANGING shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%
FIIs	0.08%	0.07%	0.01%	0.09%	0.00%	0.01%	0.11%	0.03%
DIIs	0.29%	0.29%	0.29%	0.29%	0.29%	0.29%	0.29%	0.17%
Public	24.62%	24.63%	24.70%	24.61%	24.69%	24.69%	24.60%	24.80%
No. of Shareholders	74,629	77,197	81,445	81,416	79,663	77,624	75,079	73,508

XCHANGING key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	62	70	44	42	34	41	52	29
Inventory Days	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—
Cash Conversion Cycle	62	70	44	42	34	41	52	29
Working Capital Days	-214	-125	-303	-178	-287	-284	-246	-217
ROCE %	12%	12%	9%	9%	7%	33%	8%	14%

XCHANGINGUpdated 16 Oct 2026, 19:29

Xchanging Solutions Ltd

XCHANGINGUpdated 16 Oct 2026, 19:29

Market Cap

₹678Cr.

Current Price

₹60.8

High / Low

₹103/47.5

Stock P/E

18.7

ROE12.4%

ROCE13.6%

Book Value₹27.3

Face Value₹10.0

Dividend Yield3.29%

About

Incorporated in 2002, Xchanging Solutions Ltd is an Information Technology services provider[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	8.88	0.02	5.74	186.32	0.15	189.29	10.39	169.62	15.23
Sep 2023	8.58	0.02	6.27	5	0.15	7.14	28.43	5.11	0.46
Dec 2023	8.7	0.02	6.89	199.47	0.12	201.14	8.14	184.76	16.58
Mar 2024	10.67	0.04	8.71	7.63	0.12	9.43	25.66	7.01	0.63
Jun 2024	9.48	0.02	7.73	5.43	0.12	7.04	27.84	5.08	0.46
Sep 2024	9.03	0.01	7.93	3.71	0.11	4.69	30.7	3.25	0.29
Dec 2024	8.57	0.01	7.23	3.66	0.04	4.95	-26.87	6.28	0.56
Mar 2025	11.61	0	8.17	3.49	0.02	6.91	27.93	4.98	0.45
Jun 2025	10.75	0	7.6	3.41	0.01	6.55	28.09	4.71	0.42
Sep 2025	11.62	0	8.53	20.17	0	23.26	-2.97	23.95	2.15
Dec 2025	9.71	0	8.01	3.2	0	4.9	29.18	3.47	0.31
Mar 2026	8.97	0.02	6.22	3.01	0	5.74	15.68	4.84	0.43
Jun 2026	9.37	0	7.3	3.48	0	5.55	28.83	3.95	0.35

Profit & loss

Annual statement₹ Cr.

Year	Sales	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Dec 2014	150	140	9	4	14	48	7	0.65
Dec 2015	121	106	12	4	23	41	14	1.22
Mar 2017 15m	99	113	11	3	-6	8	-7	-0.6
Mar 2018	56	52	10	1	13	57	6	0.5
Mar 2019	52	39	12	0	24	32	16	1.48
Mar 2020	43	31	16	1	26	14	23	2.04
Mar 2021	41	32	15	1	22	18	18	1.63
Mar 2022	44	28	8	1	23	3	22	1.99
Mar 2023	38	28	9	1	19	22	15	1.32
Mar 2024	37	28	398	1	407	10	366	32.9
Mar 2025	39	31	16	0	24	17	20	1.76
Mar 2026	41	30	30	0	40	9	37	3.32
TTM	40	30	30	0	39	—	36	3.24

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	75%
FIIs	0.03%
DIIs	0.17%
Public	24.8%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	75%	0.11%	0.29%	24.6%
Dec 2023	75%	0.11%	0.29%	24.58%
Mar 2024	75%	0.23%	0.29%	24.47%
Jun 2024	75%	0.09%	0.29%	24.61%
Sep 2024	75%	0.08%	0.29%	24.62%
Dec 2024	75%	0.07%	0.29%	24.63%
Mar 2025	75%	0.01%	0.29%	24.7%
Jun 2025	75%	0.09%	0.29%	24.61%
Sep 2025	75%	0%	0.29%	24.69%
Dec 2025	75%	0.01%	0.29%	24.69%
Mar 2026	75%	0.11%	0.29%	24.6%
Jun 2026	75%	0.03%	0.17%	24.8%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	Investments	Other Assets	Total Assets
Dec 2014	111	63	2	75	252	7	52	193	252
Dec 2015	111	77	1	51	241	5	52	184	241
Mar 2017	111	70	1	56	238	2	153	83	238
Mar 2018	111	76	0	56	243	0	173	70	243
Mar 2019	111	93	0	52	256	0	52	204	256
Mar 2020	111	116	2	45	274	2	52	220	274
Mar 2021	111	134	3	44	292	2	52	239	292
Mar 2022	111	156	2	41	310	2	52	256	310
Mar 2023	111	170	1	39	322	2	52	269	322
Mar 2024	111	203	1	38	353	1	52	300	353
Mar 2025	111	178	0	35	325	0	52	273	325
Mar 2026	111	193	0	31	336	0	52	284	336

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Dec 2014	9	4	0	13
Dec 2015	19	6	-1	24
Mar 2017	11	10	-1	20
Mar 2018	14	9	-1	22
Mar 2019	9	8	0	17
Mar 2020	5	17	-1	22
Mar 2021	13	8	-1	19
Mar 2022	11	7	-1	18
Mar 2023	10	9	0	18
Mar 2024	-33	412	-335	45
Mar 2025	12	14	-45	-18
Mar 2026	5	30	-22	12

Key ratios

Historical financial ratios

Category	Dec 2014	Dec 2015	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	124	107	70	79	62	70	44	42	34	41	52	29
Inventory Days	—	—	—	—	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—	—	—	—	—
Cash Conversion Cycle	124	107	70	79	62	70	44	42	34	41	52	29
Working Capital Days	26	12	-79	-207	-214	-125	-303	-178	-287	-284	-246	-217
ROCE %	11%	13%	-3%	7%	12%	12%	9%	9%	7%	33%	8%	14%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of XCHANGING SOLUTIONS LTD (XCHANGING)?

The reported market capitalisation for XCHANGING SOLUTIONS LTD (XCHANGING) is ₹678Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of XCHANGING?

The current price shown for XCHANGING SOLUTIONS LTD (XCHANGING) on Fincrux is ₹60.8 with a 52-week high/low of ₹103/47.5.

What is the P/E ratio of XCHANGING SOLUTIONS LTD (XCHANGING)?

The stock P/E for XCHANGING SOLUTIONS LTD (XCHANGING) is 18.7 on Fincrux, with ROE at 12.4% and ROCE at 13.6%.

What were XCHANGING latest quarterly results?

For Jun 2026, XCHANGING SOLUTIONS LTD (XCHANGING) reported sales ₹9.37 Cr and net profit ₹3.95 Cr (figures in ₹ crore unless noted).

What are XCHANGING annual sales and net profit?

For TTM, XCHANGING SOLUTIONS LTD (XCHANGING) shows sales of ₹40 Cr and net profit of ₹36 Cr on the Fincrux profit & loss statement.

Who owns XCHANGING SOLUTIONS LTD (XCHANGING)?

Latest shareholding for XCHANGING SOLUTIONS LTD (XCHANGING) on Fincrux: Promoters 75.00% (Jun 2026), FIIs 0.03% (Jun 2026), DIIs 0.17% (Jun 2026), Public 24.80% (Jun 2026), No. of Shareholders 73,508% (Jun 2026).

Where can I find XCHANGING SOLUTIONS LTD (XCHANGING) financials?

XCHANGING SOLUTIONS LTD (XCHANGING) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show XCHANGING balance sheet and cash flow?

Yes. The XCHANGING SOLUTIONS LTD (XCHANGING) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 16 October 2026 at 19:29