Table of Contents
Xchanging Solutions provides business processing, technology and procurement services internationally to customers across multiple industries. Below is the details of XCHANGING Xchanging Solutions Ltd Quarterly reports are issued by companies every three months. Most companies have a financial year-end of Mar. 31 and quarters that end on June 30, Sept. 30, Dec. 31 and March 31. Standalone Figures in The profit and loss (P&L) statement is a financial statement that summarizes the revenues, costs and expenses incurred during a specified period, usually a fiscal quarter or year. The P&L statement is synonymous with the income statement. These records provide information about a company's ability or inability to generate profit" by increasing revenue, reducing costs or both. Some refer to the P&L statement as a statement of profit and loss, income statement, statement of operations, statement of financial results or income, earnings statement or expense statement. Standalone Figures in A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure. It is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders. It is used alongside other important financial statements such as the income statement and statement of cash flows in conducting fundamental analysis or calculating financial ratios. Standalone Figures in Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow. Standalone Figures in Xchanging Solutions Ltd
Stock/Share Code - XCHANGING
Market Cap ₹815.45 Cr. Current Price ₹55.6 as on 23 Mar 23 52 Week High / Low Price ₹79.6 / ₹24.9 Face Value ₹10 Stock P/E 34.88 Book Value ₹20.39 Dividend Yield 0.00 % ROCE 12.20 % ROE 10.52 % Sales Growth (3yrs) -24.45 % Sector IT - Software Industry Computers - Software - Medium / Small Listed on BSE AND NSE Company Website Company Website Xchanging Solutions Ltd Price Chart
Xchanging Solutions Ltd Peer Comparison in IT - Software
S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Qtr Sales Var % Sales Qtr Rs.Cr. ROCE % 1. Oracle Fin.Serv. 16.66 ₹26,070.88 Cr. 5.94 ₹479.79 Cr. 27.13 4.87 1337.26 39.58 2. 17.23 ₹20,589.21 Cr. 3.15 ₹275.12 Cr. 3.94 10.94 2288.21 26.16 3. L&T Technology 22.36 ₹16,362.3 Cr. 1.34 ₹117.2 Cr. -42.52 -3.92 1294.70 42.59 4. Hexaware Tech. 17.51 ₹11,885.09 Cr. 1.13 ₹152.45 Cr. -7.54 19.93 1569.12 30.44 5. Coforge 25.45 ₹11,654.74 Cr. 1.61 ₹79.9 Cr. 9.80 9.80 1057.00 26.90 6. Persistent Sys 21.05 ₹7,323.43 Cr. 1.25 ₹90.01 Cr. 9.14 19.14 991.39 18.57 7. Tata Elxsi 24.24 ₹6,693.47 Cr. 1.53 ₹68.87 Cr. 41.16 10.72 400.49 34.96 8. Xchanging Sol. 34.88 ₹815.45 Cr. 0.00 ₹7.75 Cr. 9.77 -1.65 10.70 12.20
Talk to our investment specialistXchanging Solutions Ltd Fundamentals
Quarterly Results
Rs. Crores
Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sales - 12.61 13.79 14.44 13.62 11.53 14.28 12.60 10.88 10.84 10.80 10.18 10.70 YOY Sales Growth % -30.68% -27.38% -16.72% -9.74% -8.56% 3.55% -12.74% -20.12% -5.98% -24.37% -19.21% -1.65% Expenses - 12.53 11.41 14.22 11.29 11.00 8.92 8.14 8.14 7.58 7.97 7.48 7.54 Employee Cost % 70.58% 57.14% 55.47% 52.94% 56.55% 43.14% 46.98% 48.90% 50.18% 47.04% 49.71% 49.63% Operating Profit 0.08 2.38 0.22 2.33 0.53 5.36 4.46 2.74 3.26 2.83 2.70 3.16 OPM % 0.63% 17.26% 1.52% 17.11% 4.60% 37.54% 35.40% 25.18% 30.07% 26.20% 26.52% 29.53% Other Income 2.02 2.52 4.11 3.00 5.68 1.59 1.74 7.54 2.94 2.50 2.70 8.41 Interest 0.01 0.01 0.00 0.00 0.01 0.00 0.00 0.01 0.04 0.04 0.02 0.07 Depreciation 0.27 0.22 0.18 0.11 0.10 0.06 0.10 0.13 0.16 0.23 0.25 0.36 Profit before tax 1.82 4.67 4.15 5.22 6.10 6.89 6.10 10.14 6.00 5.06 5.13 11.14 Tax % 42.31% 39.40% 83.61% 32.38% 31.64% 32.95% 31.97% 30.37% -59.50% 47.23% 33.92% 30.43% Net Profit 1.05 2.83 0.68 3.53 4.17 4.62 4.15 7.06 9.57 2.67 3.39 7.75 EPS in Rs 0.25 0.25 0.06 0.32 0.37 0.41 0.37 0.63 0.86 0.24 0.30 0.70 Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Profit & Loss
Rs. Crores
Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM Sales - 214 253 218 173 100 112 150 121 99 56 52 43 43 Sales Growth % 24.95% 18.34% -13.77% -20.60% -42.33% 12.36% 33.42% -19.17% -18.10% -43.52% -6.97% -17.93% Expenses - 186 207 182 269 80 99 140 106 113 52 39 31 31 Manufacturing Cost % 31.50% 27.39% 14.66% 9.44% 6.58% 14.11% 21.24% 16.25% 14.36% 12.00% 9.38% 0.00% Employee Cost % 35.77% 36.38% 47.32% 53.13% 61.32% 53.89% 49.34% 53.51% 66.01% 60.20% 50.22% 48.95% Other Cost % 19.79% 18.18% 21.77% 92.76% 12.54% 19.99% 23.06% 17.72% 33.77% 21.47% 16.05% 24.05% Operating Profit 28 46 35 -96 20 13 10 15 -14 4 13 12 12 OPM % 13% 18% 16% -55% 20% 12% 6% 13% -14% 6% 24% 27% 28% Other Income 3 4 -14 -24 -2 20 9 12 11 10 12 16 17 Interest 7 15 7 3 0 0 0 0 0 0 0 0 0 Depreciation 11 14 14 9 3 4 4 4 3 1 0 1 1 Profit before tax 13 21 0 -132 14 29 14 23 -6 13 24 26 27 Tax % 8% -1% 511% 2% 53% 26% 48% 41% -8% 57% 32% 14% Net Profit 12 21 -1 -130 6 22 7 14 -7 6 16 23 23 EPS in Rs 1.40 1.86 0.00 0.00 0.58 1.93 0.65 1.22 0.00 0.50 1.48 2.04 2.10 Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% Compounded Sales Growth
Compounded Profit Growth
Return on Equity
Balance Sheet
Rs. Crores
Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Share Capital - 111 111 111 111 111 111 111 111 111 111 111 111 Equity Capital 111 111 111 111 111 111 111 111 111 111 111 111 Reserves 138 159 158 28 35 56 63 77 70 76 93 116 Borrowings 97 73 57 2 2 2 2 1 1 0 0 2 Other Liabilities - 145 127 71 43 44 71 75 51 56 56 52 45 Trade Payables 25.91 21.45 27.03 25.30 15.98 15.91 19.39 14.18 16.03 14.28 8.33 6.04 Advance from Customers 25.77 28.05 8.99 4.02 0.00 0.00 0.11 0.10 1.39 0.03 0.08 Other liability items 93.18 77.61 34.91 13.72 28.03 55.42 55.30 36.73 38.13 41.35 43.32 38.80 Total Liabilities 491 470 398 184 192 241 252 241 238 243 256 274 Fixed Assets - 30 26 17 4 7 7 7 5 2 0 0 2 Gross Block 75.43 87.03 86.75 30.60 35.06 37.69 39.92 37.76 27.85 18.36 12.72 Accumulated Depreciation 45.88 60.77 69.71 26.74 27.94 30.91 32.68 32.97 25.81 17.98 12.43 CWIP 1 0 1 0 0 0 0 0 0 0 0 0 Investments 203 203 178 59 59 59 52 52 153 173 52 52 Other Assets - 258 241 202 122 126 175 193 184 83 70 204 220 Trade receivables 99 86 58 50 42 43 51 35 19 12 9 8 Cash Equivalents 6 4 5 24 22 51 59 84 3 6 144 165 Loans n Advances 149 151 138 32 38 47 42 23 21 18 18 16 Other asset items 4 0 0 16 23 35 41 42 40 34 33 30 Total Assets 491 470 398 184 192 241 252 241 238 243 256 274 Cash Flows
Rs. Crores
Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Cash from Operating Activity - -6 45 26 18 11 31 9 19 11 14 9 5 Profit from operations 48.58 56.21 45.86 51.77 14.68 17.28 16.11 19.56 -3.75 7.78 14.10 12.21 Receivables -41.38 11.94 26.30 -16.25 4.43 5.92 -0.28 15.02 6.40 6.13 3.04 0.56 Payables 21.01 -22.88 -55.20 -8.43 -11.69 1.33 -1.73 -5.20 1.80 -2.20 -5.78 -2.37 Loans Advances -32.29 5.06 13.18 1.14 -1.34 7.48 -2.73 2.85 0.00 0.00 0.00 -0.29 Other WC items 0.00 0.00 0.00 0.00 8.33 1.87 0.20 -8.67 8.65 3.92 2.55 1.22 Working capital changes -52.66 -5.88 -15.72 -23.54 -0.27 16.60 -4.54 4.00 16.85 7.85 -0.19 -0.88 Direct taxes -1.88 -5.05 -4.63 -10.61 -2.93 -2.59 -2.10 -4.14 -2.15 -1.40 -5.26 -6.02 Cash from Investing Activity - -3 -11 -5 355 -12 -8 4 6 10 9 8 17 Fixed assets purchased -7.39 -14.03 -5.14 -5.65 -6.94 -4.55 -5.03 -1.92 -0.98 -0.10 -0.22 -0.38 Fixed assets sold 0.55 0.28 0.35 0.05 0.47 0.32 0.35 0.50 1.13 0.74 0.08 0.02 Investments sold 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Interest received 0.10 0.28 0.06 0.84 3.41 3.02 3.51 6.01 8.30 3.70 2.83 10.19 Dividends received 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.39 4.85 5.42 3.95 Invest in subsidiaries 0.00 0.00 -0.01 74.59 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Loans to subsidiaries 0.00 0.00 0.00 0.00 -9.25 -1.25 0.82 0.00 0.00 0.00 0.00 0.00 Inter corporate deposits 0.00 0.00 0.00 -9.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Other investing items 3.53 2.05 0.00 294.25 -0.07 -5.23 4.02 1.02 -0.98 -0.21 0.23 3.68 Cash from Financing Activity - 8 -35 -19 -354 -0 0 0 -1 -1 -1 -0 -1 Proceeds from shares 0.02 0.09 0.12 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Proceeds from borrowings 57.00 31.00 8.50 0.00 -0.01 1.38 1.18 0.34 0.44 0.00 0.00 0.00 Repayment of borrowings -7.06 -55.12 -22.87 -28.92 0.00 -1.11 -0.86 -1.02 -1.07 -0.70 -0.08 -0.03 Interest paid fin -6.18 -9.28 -3.97 -5.85 -0.16 -0.17 -0.20 -0.19 -0.15 -0.04 -0.01 -0.11 Financial liabilities -32.04 0.00 -0.91 0.82 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.90 Other financing items -3.69 -1.36 0.00 -320.49 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.45 Net Cash Flow -1 -1 2 18 -1 24 13 24 20 22 17 22
Talk to our investment specialistRatios
Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Mar 2017 Mar 2018 Mar 2019 Mar 2020 ROCE % 7% 11% 9% 17% 13% 17% 11% 13% -3% 7% 12% 12% Debtor Days 168 124 98 106 153 139 124 107 70 79 62 70 Inventory Turnover Announcements & News
Recent Announcements
Annual Reports
How to Invest in Mutual Funds SIP Online?