Xchanging Solutions Ltd
Xchanging Solutions Ltd is an IT services provider with operations in India and an international presence established through subsidiaries in USA, Singapore and the UK. and global Operations in 70 plus countries. [1]
- Market Cap ₹ 1,327 Cr.
- Current Price ₹ 119
- High / Low ₹ 177 / 68.2
- Stock P/E 15.1
- Book Value ₹ 28.2
- Dividend Yield 26.9 %
- ROCE 32.5 %
- ROE 29.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 39.8% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of -6.68% over past five years.
- Earnings include an other income of Rs.398 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
100 | 112 | 150 | 121 | 99 | 56 | 52 | 43 | 41 | 44 | 38 | 37 | |
85 | 99 | 140 | 106 | 113 | 52 | 39 | 31 | 32 | 28 | 28 | 28 | |
Operating Profit | 14 | 13 | 10 | 15 | -14 | 4 | 13 | 12 | 9 | 16 | 10 | 9 |
OPM % | 14% | 12% | 6% | 13% | -14% | 6% | 24% | 27% | 22% | 35% | 26% | 25% |
3 | 20 | 9 | 12 | 11 | 10 | 12 | 16 | 15 | 8 | 9 | 398 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 3 | 4 | 4 | 4 | 3 | 1 | 0 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 14 | 29 | 14 | 23 | -6 | 13 | 24 | 26 | 22 | 23 | 19 | 407 |
Tax % | 53% | 26% | 48% | 41% | -8% | 57% | 32% | 14% | 18% | 3% | 22% | 10% |
6 | 22 | 7 | 14 | -7 | 6 | 16 | 23 | 18 | 22 | 15 | 366 | |
EPS in Rs | 0.58 | 1.93 | 0.65 | 1.22 | -0.60 | 0.50 | 1.48 | 2.04 | 1.63 | 1.99 | 1.32 | 32.90 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -11% |
5 Years: | -7% |
3 Years: | -3% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 40% |
3 Years: | 69% |
TTM: | 497% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 19% |
3 Years: | 13% |
1 Year: | 68% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 13% |
3 Years: | 15% |
Last Year: | 29% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 |
Reserves | 35 | 56 | 63 | 77 | 70 | 76 | 93 | 116 | 134 | 156 | 170 | 203 |
2 | 2 | 2 | 1 | 1 | 0 | 0 | 2 | 3 | 2 | 1 | 1 | |
44 | 71 | 75 | 51 | 56 | 56 | 52 | 45 | 44 | 41 | 39 | 38 | |
Total Liabilities | 192 | 241 | 252 | 241 | 238 | 243 | 256 | 274 | 292 | 310 | 322 | 353 |
7 | 7 | 7 | 5 | 2 | 0 | 0 | 2 | 2 | 2 | 2 | 1 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 59 | 59 | 52 | 52 | 153 | 173 | 52 | 52 | 52 | 52 | 52 | 52 |
126 | 175 | 193 | 184 | 83 | 70 | 204 | 220 | 239 | 256 | 269 | 300 | |
Total Assets | 192 | 241 | 252 | 241 | 238 | 243 | 256 | 274 | 292 | 310 | 322 | 353 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11 | 31 | 9 | 19 | 11 | 14 | 9 | 5 | 13 | 11 | 10 | -33 | |
-12 | -8 | 4 | 6 | 10 | 9 | 8 | 17 | 8 | 7 | 9 | 412 | |
-0 | 0 | 0 | -1 | -1 | -1 | -0 | -1 | -1 | -1 | -0 | -335 | |
Net Cash Flow | -1 | 24 | 13 | 24 | 20 | 22 | 17 | 22 | 19 | 18 | 18 | 45 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 153 | 139 | 124 | 107 | 70 | 79 | 62 | 70 | 44 | 42 | 34 | 41 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 153 | 139 | 124 | 107 | 70 | 79 | 62 | 70 | 44 | 42 | 34 | 41 |
Working Capital Days | 154 | 58 | 26 | 12 | -79 | -207 | -214 | -119 | -295 | -175 | -284 | -280 |
ROCE % | 13% | 17% | 11% | 13% | -3% | 7% | 12% | 12% | 9% | 9% | 7% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Resignation of Director 5 Jun
- Announcement under Regulation 30 (LODR)-Change in Directorate 5 Jun
- Announcement under Regulation 30 (LODR)-Newspaper Publication 24 May
- Compliances-Reg.24(A)-Annual Secretarial Compliance 24 May
- Announcement under Regulation 30 (LODR)-Dividend Updates 23 May
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2009
from bse
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Financial Year 2009
from nse
Service Offerings
The company offers IT services across various categories such as Analytics and Engineering, Applications, Cloud, Consulting, Insurance Software and BPS, IT Outsourcing, Modern Workplace & Security. [1]