XCHANGING SOLUTIONS LTD
XCHANGING · General/Diversified · NSE
₹66
Current Market Price
Fair Value (DCF)
₹123
Margin of Safety
+86.1%
Updated 2d ago
YieldIQ Score
76/100
Piotroski F-Score
8/9
Economic Moat
Wide
Confidence
79%
ROE
—
Debt/Equity
0.24
WACC
11.1%
Market Cap
₹737 Cr
Quality & Valuation
Neutral model outputs — no recommendations.
ROCE
16.1%
Return on capital employed
EV / EBITDA
7.8×
Enterprise multiple
Debt / EBITDA
1.3×
Leverage vs earnings
Interest Coverage
11.0×
EBIT covers interest
Current Ratio
4.57×
Short-term liquidity
Asset Turnover
0.37×
Revenue per ₹ of assets
Revenue CAGR (3Y)
2.0%
3-year revenue growth
Revenue CAGR (5Y)
—
5-year revenue growth
DCF Scenario Analysis
vs CMP ₹66.15
Bear case
₹70.56
MoS +6.2%
Base case
₹123.13
MoS +46.3%
Bull case
₹134.98
MoS +51.0%
Ratio Trends
XCHANGING · last 4 annual periods
ROE
13.8%
ROCE
15.8%
Operating Margin
—
Debt / Equity
0.24×
PE
13.2×
EV / EBITDA
1.3×
Historical Financials
XCHANGING · Annual, last 5 years· amounts in ₹Cr unless noted
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | ₹196 Cr | ₹43.9 Cr | ₹45.8 Cr | ₹44.5 Cr | ₹185 Cr | -1.4% |
| EBITDA | — | ₹61.9 Cr | ₹60.3 Cr | ₹68.6 Cr | ₹70.1 Cr | +3.1% |
| EBIT | ₹69.9 Cr | ₹23.0 Cr | ₹16.4 Cr | ₹17.7 Cr | — | -29.0% |
| PAT | ₹62.4 Cr | ₹22.2 Cr | ₹11.0 Cr | ₹12.4 Cr | ₹49.6 Cr | -5.6% |
| EPS (diluted) | ₹5.61 | ₹1.99 | ₹0.99 | ₹1.11 | — | -33.3% |
| CFO | ₹62.0 Cr | ₹11.4 Cr | ₹42.0 Cr | ₹-12.1 Cr | ₹46.8 Cr | -6.8% |
| CapEx | — | — | — | — | — | — |
| FCF | — | — | — | — | — | — |
| Total Assets | — | ₹676 Cr | ₹743 Cr | ₹523 Cr | ₹504 Cr | -7.1% |
| Total Debt | — | — | ₹0.0 Cr | ₹0.0 Cr | ₹85.5 Cr | — |
| Shareholders' Equity | — | — | ₹676 Cr | ₹354 Cr | ₹359 Cr | -14.7% |
CAGR computed across the visible window. Signs reverse if start value is zero or negative.
Peer Comparison
XCHANGING vs 5 closest peers by market-cap band
| Peer | MoS | Score | Verdict | ROE | PE |
|---|---|---|---|---|---|
| ADSL ALLIED DIGITAL SERV. LTD | +164.4% | 66 | Undervalued | 4.3% | — |
| MINDTECK MINDTECK (INDIA) LIMITED | -5.0% | 58 | Fairly valued | 11.0% | — |
| VAKRANGEE VAKRANGEE LIMITED | -75.7% | 22 | Overvalued | 3.1% | — |
| NINSYS NINSYS | — | — | Pending | 42.9% | — |
| ONWARDTEC ONWARD TECHNOLOGIES LTD | +31.9% | 56 | Undervalued | 12.1% | — |
Click a ticker to view its fair-value analysis.
Dividend History
No dividend events recorded for XCHANGING in the last 10 years.
Reverse DCF
Market-implied growth
What FCF growth is priced in →
Risk Analysis
Volatility & drawdown
Risk profile of XCHANGING →
DuPont
ROE decomposition
Why ROE is what it is →
Technicals
RSI, MACD, MAs
Reference indicators →
News & Filings
Recent activity
BSE filings + news for XCHANGING →
Compare
Head-to-head with peers
Compare XCHANGING side by side →
Run Full Interactive Analysis
Interactive DCF sliders, sensitivity heatmap, peer comparison, and more.
Analyse XCHANGINGNow →Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.