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Xchanging Solutions Limited (XCHANGING) Fair Value & Analysis

Technology · IN · Market cap ₹7.0B

XS Xchanging Solutions Limited XCHANGING · NSE
Price₹63.25
Fair Value₹87.78
Upside+38.8%
Quality68/100
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Evidence: High Range ₹70.62 – ₹121.07

Fair value as of: Jul 3, 2026

From 23 valuation models · updated today

Share price −1.2% over the past month.

Price vs Fair Value (12 months)

₹95.83 ₹46.82 Fair Value ₹87.78 Jul 2025 Jul 2026

12‑month range ₹46.82 – ₹95.83 · fair‑value band ₹70.62 – ₹121.07 · the ₹63.25 price screens below the ₹87.78 fair value. As of Jul 3, 2026.

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Analysis

Xchanging Solutions Limited (XCHANGING) currently trades at ₹63.25, while our model-based Fair Value estimate is ₹87.78 — implying the stock looks roughly 38.8% undervalued today. We read business quality at 68/100 (solid quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Xchanging Solutions Limited generated revenue of ₹2.0B at a net margin of 29.3%. Revenue grew 1.1% year over year. It earns a return on equity of 15.8%. The balance sheet holds a net cash position of ₹2.4B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹2.0B
Revenue growth (YoY) +1.1%
Net margin 29.3%
Return on equity 15.8%
Free cash flow ₹487M FY2026
P/E ratio 11.8
More key figures
Operating margin 37.2%
EPS (TTM) ₹5.34
Dividend yield 3.3%
EPS growth (YoY) +10.6%
Net cash ₹2.4B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Xchanging Solutions Limited provides information technology services in India, Europe, the United States, Singapore, and internationally. It provides consulting, data and analytics, and design and engineering; application services, such as application modernization, enterprise application and SaaS, modern applications development, managed applications, testing and digital assurance, and DXC software and cloud Right application; cloud infrastructure services, including cloud advisory and migration, platforms, public, private, hybrid, and multicloud; and information technology outsourcing services comprising business continuity, compute and data center, mainframe, network, and storage and back up. The company offers insurance business process as a service; insurance software; banking BPO solutions; finance and accounting; asset management; intelligent collaboration; modern device management; and support services. In addition, it provides security services, which include cyber risk …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Xchanging Solutions Limited reported revenue of ₹2.0B in FY2026 versus ₹1.7B in FY2022, a compound +3.9%/yr. Reported net income was ₹595M in FY2026, compounding +3.1%/yr from FY2022.

Revenue +3.9%/yr
FY22 ₹1.7B
FY23 ₹1.7B
FY24 ₹1.7B
FY25 ₹1.8B
FY26 ₹2.0B
Net income +3.1%/yr
FY22 ₹526M
FY23 ₹449M
FY24 ₹137M
FY25 ₹496M
FY26 ₹595M

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Similar stocks

6 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $252.22 $147.06 -42%
Accenture plc ACN $170.50 $228.49 +34%
Tata Consultancy Services Limited TCS ₹2,199 ₹1,863 -15%
Infosys Limited INFY ₹1,065 ₹15.23 -99%
HCL Technologies Limited HCLTECH ₹1,132 ₹1,230 +9%
Fiserv, Inc F1IS34 R$122.88 R$56.23 -54%

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Frequently asked questions

Is Xchanging Solutions Limited (XCHANGING) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹87.78 versus a price of ₹63.25 — about +39% (undervalued). Model-based estimate, not financial advice.
What is the fair value of XCHANGING?
Our model-based fair value for Xchanging Solutions Limited is ₹87.78 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹63.25.
What is the quality score of XCHANGING?
Xchanging Solutions Limited has a Quality Score of 68/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Xchanging Solutions Limited (XCHANGING)?
Xchanging Solutions Limited reported trailing-twelve-month revenue of about ₹2.0B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of XCHANGING?
The net profit margin of Xchanging Solutions Limited is about 29.3%, meaning it keeps roughly 29.3% of revenue as net income. Based on the latest reported figures.
Does Xchanging Solutions Limited pay a dividend?
Xchanging Solutions Limited currently shows a dividend yield of about 3.29% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.