Why is Xchanging Solutions Ltd ?
1
Poor long term growth as Net Sales has grown by an annual rate of 0.89% and Operating profit at 3.10% over the last 5 years
2
Flat results in Dec 25
- PAT(Q) At Rs 13.18 cr has Fallen at -10.9% (vs previous 4Q average)
- EPS(Q) Lowest at Rs 1.18
3
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
4
Below par performance in long term as well as near term
- Along with generating -34.09% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Computers - Software & Consulting)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Xchanging Sol. for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Xchanging Sol.
-34.09%
-1.15
29.65%
Sensex
7.07%
0.61
11.53%
Quality key factors
Factor
Value
Sales Growth (5y)
0.89%
EBIT Growth (5y)
3.10%
EBIT to Interest (avg)
33.81
Debt to EBITDA (avg)
0.79
Net Debt to Equity (avg)
-0.59
Sales to Capital Employed (avg)
0.34
Tax Ratio
23.14%
Dividend Payout Ratio
2,764.67%
Pledged Shares
0
Institutional Holding
0.31%
ROCE (avg)
32.53%
ROE (avg)
9.41%
Valuation Key Factors 
Factor
Value
P/E Ratio
14
Industry P/E
29
Price to Book Value
2.15
EV to EBIT
8.58
EV to EBITDA
8.58
EV to Capital Employed
3.78
EV to Sales
2.83
PEG Ratio
0.61
Dividend Yield
2.83%
ROCE (Latest)
42.70%
ROE (Latest)
16.12%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
6What is working for the Company
PAT(Latest six months)
At Rs 29.44 cr has Grown at 21.15%
ROCE(HY)
Highest at 17.44%
-3What is not working for the Company
PAT(Q)
At Rs 13.18 cr has Fallen at -10.9% (vs previous 4Q average
EPS(Q)
Lowest at Rs 1.18
Loading Valuation Snapshot...
Here's what is not working for Xchanging Sol.
Profit After Tax (PAT) - Quarterly
At Rs 13.18 cr has Fallen at -10.9% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 14.79 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 1.18
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)






