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Earnings · IT - Software · Micro cap

Xchanging Solutions posts 9.7% revenue growth, 19.9% profit rise

Standalone profit surged 88.7% on one-time subsidiary dividend; board recommends ₹2/share final dividend.

2 earlier stories on Xchanging Solutions Ltd.
Mkt cap₹696 cr
P/E11.70×
ROE13.82%
Debt / eq.0.24
Div yld3.16%
₹59.45 cr Consolidated net profit, up 19.9% YoY

What's new

  • Revenue rose 9.7% to ₹202.92 cr; profit increased 19.9% to ₹59.45 cr.
  • Standalone profit jumped 88.7% to ₹36.97 cr, boosted by a subsidiary dividend.
  • Board recommends a final dividend of ₹2 per share (20% payout).

Why this matters

The headline growth is steady but unremarkable. The standalone profit surge is entirely one-off, masking underlying operational performance. The dividend signals confidence but is a modest return for shareholders. With no surprises, the stock reaction is likely muted.

What we're watching

  • Whether revenue growth can accelerate without one-time boosts.
  • Margin trends in the coming quarters.
  • Any impact from the auditor change.

The full read

Xchanging Solutions delivered moderate growth in its audited annual results, with consolidated revenue up 9.7% year-on-year to ₹202.92 crore and net profit rising 19.9% to ₹59.45 crore. The standalone profit surged 88.7% to ₹36.97 crore, almost entirely due to a dividend received from its subsidiary — a one-off that inflates underlying performance. The board recommended a final dividend of ₹2 per share, a routine but positive gesture. Other items include the reappointment of a whole-time director and a change of statutory auditors, both procedural. The results contain no material surprises and were largely in line with expectations, making this a routine filing.

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Xchanging Solutions Ltd.

Software Services
₹743 cr
P/E 12.50×

Latest quarter · Mar 2026

Sales₹51 cr
Net profit₹16 cr
Op. margin+37.2%
EPS₹1.46

Strength & growth

Debt / equity0.24×
Current ratio2.49×
Sales CAGR−0.1%
EPS CAGR+9.1%
  1. 21 May 2026 · 1:34 PM IST Xchanging Solutions posts 9.7% revenue growth, 19.9% profit rise
  2. 62d ago Xchanging Solutions posts 9.7% revenue growth, 19.9% PAT rise; dividend steady
  3. 62d ago Xchanging Solutions grows 9.7% in FY25, PAT up 20%