Operates in IT software and consulting, sitting within the DXC Technology group with DXC Technology India Private Limited as promoter. For FY26, consolidated revenue was ₹202.92 crore, up 9.7% year-on-year, with net profit of ₹59.45 crore, up 19.9% year-on-year. The cost structure is people-driven: employee costs of ₹60.58 crore accounted for 29.9% of revenue and other operating expenses of ₹73.82 crore for 36.4%, with no material costs and negligible capex. Standalone results show FY26 profit after tax of ₹3,697 lakhs, up 88.7% year-on-year, which included ₹1,706 lakhs of dividend income from subsidiaries, indicating the standalone entity holds operating subsidiaries that contribute to consolidated revenue. The balance sheet carried low leverage at 0.18 debt-to-equity, consolidated cash and equivalents of ₹31,100 lakhs at FY26 year-end, and the Board recommended a ₹2 per share final dividend. AR · MarketPing reader · 2026-08-03
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 174 | 174 | 174 | 185 | 203 |
| EBITDA (ex other income) | 53 | 50 | 47 | 53 | 69 |
| margin % | 30.6 | 28.4 | 26.8 | 28.7 | 33.8 |
| Owners' profit | 0 | 45 | 14 | 50 | 59 |
| EPS, as reported (₹) | 4.72 | 4.03 | 1.23 | 4.45 | 5.34 |
| ROE % · ROCE % | 8.6 · 9.9 | 6.6 · 8.7 | 3.9 · 14.6 | 13.8 · 16.1 | 15.0 · 18.1 |
| Debt / equity (x) | 0.00 | 0.00 | 0.29 | 0.24 | 0.18 |
| Cash from operations | 35 | 42 | (12) | 47 | 41 |
| Capex | (0) | 0 | (0) | 0 | 0 |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 44 | 46 | 51 | 50 | 53 | 49 | 51 | 54 |
| Profit before tax | 13 | 16 | 20 | 19 | 19 | 18 | 21 | 20 |
| Net profit | 10 | 14 | 15 | 14 | 16 | 13 | 16 | 15 |
| EPS (₹) | 0.88 | 1.30 | 1.32 | 1.24 | 1.46 | 1.18 | 1.46 | 1.36 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| TATA CONSULTANCY SERV LT | 7,96,690 | 16.0 | 7.34 | 10.9 | 45.6 | 53.9 | 10.2 | 26.9 |
| INFOSYS LIMITED | 4,20,891 | 14.0 | 4.51 | 8.8 | 31.6 | 38.6 | 12.2 | 25.7 |
| HCL TECHNOLOGIES LTD | 3,27,456 | 18.7 | 4.35 | 11.7 | 22.1 | 26.2 | 11.5 | 20.9 |
| WIPRO LTD | 1,65,785 | 13.3 | 1.88 | 7.9 | 15.0 | 17.1 | 8.4 | 22.9 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 22 Aug 2026 · Newspaper notice of 25th AGM and e-voting information published | compliance | minimal | — | — |
| 21 Aug 2026 · Xchanging Solutions files BRSR for FY 2025-26 to BSE and NSE | compliance | low | — | — |
| 21 Aug 2026 · Weblink shared for FY25-26 Annual Report, 25th AGM set for September 15, 2026 | board shareholder meetings | low | — | — |
| 21 Aug 2026 · Xchanging Solutions files FY26 Annual Report; standalone profit up 89 percent, dividend Rs 2/share | board shareholder meetings | medium | — | — |
| 21 Aug 2026 · Xchanging Solutions 25th AGM on Sep 15, 2026; FY26 Annual Report Filed | board shareholder meetings | medium | — | — |
| 18 Aug 2026 · Xchanging Solutions 25th AGM on Sep 15 via video conferencing; dividend Rs 2 per share | compliance | minimal | — | — |
| 13 Aug 2026 · Q1 FY27 Results: Consolidated Revenue Up 27%, PAT at Rs 1,612 Lakhs | results | high | — | — |
| 13 Aug 2026 · Q1 FY27 results: consolidated revenue up 28% YoY, PAT rises 17% | results | high | — | — |
| 30 Jul 2026 · Board meeting on Aug 13 2026 to approve Q1 FY27 results | results | low | — | — |
| 30 Jul 2026 · Registered office shifted within Bengaluru | general | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| TECH MAHINDRA LIMITED |
| 1,51,018 |
| 26.6 |
| 5.02 |
| 16.9 |
| 16.0 |
| 18.8 |
| 8.5 |
| 16.8 |
| LTM LIMITED | 1,27,635 | 24.4 | 5.29 | 15.4 | 20.7 | 24.8 | 27.9 | 20.0 |
| PERSISTENT SYSTEMS LTD | 87,015 | 44.8 | 11.10 | 29.8 | 23.8 | 28.5 | 28.6 | 17.8 |
| COFORGE LIMITED | 81,708 | 37.5 | 8.44 | 29.1 | 18.0 | 17.2 | 28.6 | 18.6 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 11.4 | 16.6 | 18 of 71 | 76% |
| P/B | 1.8 | 2.9 | 18 of 64 | 71% |
| ROCE | 16.9 | 14.2 | 33 of 78 | 58% |
| ROE | 15.0 | 11.5 | 25 of 67 | 64% |
| Debt / Equity | 0.2 | 0.0 | 49 of 68 | 28% |
| EBITDA margin | 40.2 | 18.4 | 6 of 65 | 92% |
| Revenue growth | 7.3 | 10.6 | 40 of 63 | 37% |
| Profit growth | 9.8 | 6.7 | 30 of 62 | 53% |
| Market cap | 696 | 475 | 33 of 75 | 57% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
