Compare CHANGE Holdings, Inc. with Similar Stocks
Dashboard
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 19.84%
- Healthy long term growth as Net Sales has grown by an annual rate of 38.26% and Operating profit at 27.33%
- Company has very low debt and has enough cash to service the debt requirements
2
With ROE of 15.36%, it has a attractive valuation with a 1.54 Price to Book Value
3
Company is among the highest 1% of companies rated by MarketsMojo across all 4,000 stocks
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
0.54%
0%
0.54%
6 Months
-5.92%
0%
-5.92%
1 Year
-20.32%
0%
-20.32%
2 Years
-28.31%
0%
-28.31%
3 Years
-57.18%
0%
-57.18%
4 Years
-51.12%
0%
-51.12%
5 Years
-67.32%
0%
-67.32%
CHANGE Holdings, Inc. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
38.26%
EBIT Growth (5y)
27.33%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0.08
Sales to Capital Employed (avg)
0.63
Tax Ratio
37.71%
Dividend Payout Ratio
19.44%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
108.72%
ROE (avg)
19.84%
Valuation key factors
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
1.54
EV to EBIT
6.53
EV to EBITDA
5.30
EV to Capital Employed
1.49
EV to Sales
1.45
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
22.87%
ROE (Latest)
15.36%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
Bullish
Bollinger Bands
Sideways
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
Mildly Bearish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ
Mar'26
Dec'25
Change(%)
Net Sales
11,300.00
19,261.00
-41.33%
Operating Profit (PBDIT) excl Other Income
1,197.00
8,785.00
-86.37%
Interest
141.00
128.00
10.16%
Exceptional Items
-28.00
-27.00
-3.70%
Consolidate Net Profit
215.00
5,360.00
-95.99%
Operating Profit Margin (Excl OI)
50.90%
421.50%
-37.06%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2026 is -41.33% vs 55.86% in Dec 2025
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2026 is -95.99% vs 369.35% in Dec 2025
Annual Results Snapshot (Consolidated) - Mar'26
Mar'26
Mar'25
Change(%)
Net Sales
52,827.00
46,387.00
13.88%
Operating Profit (PBDIT) excl Other Income
13,896.00
15,013.00
-7.44%
Interest
531.00
327.00
62.39%
Exceptional Items
-187.00
-1,301.00
85.63%
Consolidate Net Profit
7,180.00
8,011.00
-10.37%
Operating Profit Margin (Excl OI)
212.90%
272.20%
-5.93%
USD in Million.
Net Sales
YoY Growth in year ended Mar 2026 is 13.88% vs 25.32% in Mar 2025
Consolidated Net Profit
YoY Growth in year ended Mar 2026 is -10.37% vs 83.11% in Mar 2025
About CHANGE Holdings, Inc. 
CHANGE Holdings, Inc.
Software Products
No Details Available.
Company Coordinates 
No Company Details Available






