Xchanging Solutions Limited

BSE: 532616 NSE: XCHANGING
Xchanging Solutions Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN L72200KA2002PLC030072 Incorporated 01 February 2002 ROC Bangalore HQ Bangalore, Karnataka, India
Active Listed - NSE: XCHANGING · BSE: 532616 Public Limited Company information technology
Data last updated
Market Cap
₹646 Cr
XCHANGING · NSE
Share Price
₹55.84
-3.71% today
Revenue
₹203 Cr
FY 2025-26 · +9.8% YoY
EBITDA
₹68.52 Cr
Margin 33.8%
Net Profit
₹59.46 Cr
FY 2025-26 · +20.0% YoY
P/E (TTM)
10.4x
P/B 1.6x
ROE
15.8%
ROCE 18.0%
Debt / Equity
0.21
Interest cover 7.9x

About Xchanging Solutions Limited

Data last updated:

Xchanging Solutions Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Xchanging Mauritius Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 February 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L72200KA2002PLC030072. Its GSTIN is 29AAFCS9303L1ZW (Karnataka). The company holds 6 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 532616 and NSE: XCHANGING.

The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹111.4 Cr. It was formerly known as Scandent Solutions Corporation Limited and Cambridge Solutions Limited. It is led by directors including Swaminathan Swaminathan (Managing Director) and Shrenik Kumar Champalal (Whole-Time Director).

Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Hp Avenue 39/40 Electronic City, Karnataka.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹202.92 Cr, a growth of 9.7% compared to the previous year. For the same year it recorded a net profit of ₹59.46 Cr (net margin 29.3%) and EBITDA of ₹68.52 Cr (EBITDA margin 33.8%). The net worth stands at ₹396.06 Cr (up 10.4% YoY). Total assets are valued at ₹468.46 Cr (up 5.2% YoY).

The company has about 100 employees on its provident fund (EPFO) records.

The company is associated with 3 brands: Katalyst Wealth, Xchanging and DXC. As per MCA filings, the company has satisfied charges of ₹246.08 Cr on record. Court records list 49 cases involving the company, including 30 filed by the company and 19 filed against it; 17 cases are pending. The company has 36 deals on record (28 market trades, 5 acquisitions, 2 funding rounds), with disclosed funding of ₹146.88 Cr; the latest was in October 2025. Its 4 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 1 larger and 3 smaller; the largest is Cambridge Technology Enterprises Limited with revenue of ₹204.17 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2023, listing 4 overdue payments to 4 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dxc.com.

Company details

CIN L72200KA2002PLC030072
Registration Number 030072
Incorporation Date 01 February 2002
ROC Bangalore
Listing Status Listed - Listed on NSE (XCHANGING); Listed on BSE (532616)
Company Status Active
Date of Last AGM 12 August 2025
Date of Balance Sheet 31 March 2026
Parent Company Xchanging Mauritius Limited
Compliance Status Active Compliant

Name history

Xchanging Solutions has undergone 4 name changes throughout its history. The current legal name is Xchanging Solutions Limited.

Company NameStatus
Xchanging Solutions LimitedCurrent
Scandent Solutions Corporation LimitedPrevious
Cambridge Solutions LimitedPrevious
Scandent Network Private LimitedPrevious
Scandent Solutions Corporation Private LimitedPrevious

CIN history

Xchanging Solutions has one previous CIN (Corporate Identification Number): U72200KA2002PLC030072. The current CIN is L72200KA2002PLC030072, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L72200KA2002PLC030072Current
U72200KA2002PLC030072Previous
Key People
Swaminathan Swaminathan Managing Director Shrenik Kumar Champalal Whole-Time Director Nonavinakere Srinivasaiyengar Rama Director

Contact details

Xchanging Solutions Limited's registered office is in Bangalore, Karnataka. Its website is dxc.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    dxc.com
  • Social Media
  • Registered Address
    Hp Avenue 39/40 Electronic City, Hosur Main Road Bengaluru 560100 Karnataka, Bangalore, Karnataka, India – 560100
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Xchanging Solutions Limited, buy the company report.

Comprehensive company report
Xchanging Solutions Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Xchanging Solutions operates multiple associated brands including Katalyst Wealth, Xchanging, and DXC. Each brand links to its own profile.

BrandDescriptionWebsite
Xchanging
Business processing, technology, and procurement services are provided globally.xchanging.com
DXC
Application development, cloud management, and IT outsourcing services are provided.dxc.com
Katalyst Wealth
Provides subscription-based stock recommendations for medium-long term wealth creation.katalystwealth.com

Business activity

The main business activity of Xchanging Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Xchanging Solutions Limited, buy the company report.

Financials of Xchanging Solutions Limited

FY 2025-26 filings available

Xchanging Solutions Limited reported revenue of ₹202.92 Cr (up 9.7% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹203 Cr
+9.7% YoY
EBITDA
₹68.52 Cr
+29.2% YoY
Profit After Tax
₹59.46 Cr
+20.0% YoY
Net Worth
₹396 Cr
+10.4% YoY
Total Assets
₹468 Cr
+5.2% YoY
Total Debt
₹71.11 Cr
-16.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue203185174174174196182
Revenue growth+9.8%+6.0%0.0%+0.1%-11.0%+7.4%-
EBITDA68.5253.0546.7649.6153.3755.3848.18
EBITDA margin+33.8%+28.7%+26.8%+28.4%+30.6%+28.3%+26.4%
Profit before tax76.7063.4166.1859.6060.8769.6759.29
Net profit59.4649.5413.6844.8952.5762.4454.68
Net profit margin+29.3%+26.8%+7.8%+25.7%+30.2%+31.9%+30.0%
EPS (₹)5.344.451.234.034.725.614.91
Balance sheet
Total assets468445461682619562502
Net worth396359354676613556496
Total debt71.1185.471051.341.722.652.31
Cash & bank312301308515440392327
Net working capital300278282489425358318
Cash flow
Cash from operations41.1548.85(12.06)42.0334.9761.9845.74
Cash from investing19.5915.8237.0633.5614.715.1024.46
Cash from financing(49.68)(72.42)(232)(0.48)(1.07)(1.82)(1.23)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue53.6451.3048.8252.8149.9950.7445.6444.46
Revenue growth (YoY)+7.3%+1.1%+7.0%+18.8%+13.5%---
Other income3.563.263.253.293.793.693.873.88
EBITDA17.9919.0716.0817.0116.3617.3514.1710.88
EBITDA margin+33.5%+37.2%+32.9%+32.2%+32.7%+34.2%+31.0%+24.5%
Depreciation0.000.000.000.000.010.020.040.11
Interest1.091.391.361.341.311.501.621.62
Profit before tax20.4620.9417.9718.9618.8319.5216.3813.03
Tax5.344.704.792.705.064.871.903.21
Net profit15.1216.2413.1816.2613.7714.6514.489.82
EPS (₹)1.361.461.181.461.241.321.300.88
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue41.0538.6936.8338.1143.8540.9742.70
Revenue growth+6.1%+5.1%-3.4%-13.1%+7.0%-4.1%-
EBITDA10.697.639.2210.1015.538.8111.53
EBITDA margin+26.0%+19.7%+25.0%+26.5%+35.4%+21.5%+27.0%
Profit before tax40.4523.5940718.7922.8122.2026.33
Net profit36.9919.5589.5714.6822.1918.2122.68
Net profit margin+90.1%+50.5%+243.2%+38.5%+50.6%+44.5%+53.1%
EPS (₹)3.321.7632.901.321.991.632.04
Balance sheet
Total assets306291317287273252232
Net worth305290314282267245227
Total debt0.000.001.001.341.722.651.84
Cash & bank259247265220202185165
Net working capital234221237190181151151
Cash flow
Cash from operations4.7812.50(32.84)9.5411.4213.065.31
Cash from investing29.5913.834128.637.237.6017.46
Cash from financing(22.30)(44.81)(335)(0.48)(1.07)(1.34)(0.59)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.378.979.7111.6210.7511.618.579.03
Revenue growth (YoY)-12.8%-22.7%+13.3%+28.7%+13.4%---
Other income3.483.013.2020.173.413.493.663.71
Total expenses7.306.228.018.537.608.177.237.93
EBITDA2.072.751.703.093.153.441.341.10
EBITDA margin+22.1%+30.7%+17.5%+26.6%+29.3%+29.6%+15.6%+12.2%
Depreciation0.000.000.000.000.010.020.040.11
Interest0.000.020.000.000.000.000.010.01
Profit before tax5.555.744.9023.266.556.914.954.69
Tax1.600.901.43(0.69)1.841.93(1.33)1.44

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 31 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue53.6451.3048.8252.8149.9950.7445.6444.46
Revenue growth (YoY)+7.3%+1.1%+7.0%+18.8%+13.5%---
Other income3.563.263.253.293.793.693.873.88
EBITDA17.9919.0716.0817.0116.3617.3514.1710.88
EBITDA margin+33.5%+37.2%+32.9%+32.2%+32.7%+34.2%+31.0%+24.5%
Depreciation0.000.000.000.000.010.020.040.11
Interest1.091.391.361.341.311.501.621.62
Profit before tax20.4620.9417.9718.9618.8319.5216.3813.03
Tax5.344.704.792.705.064.871.903.21
Net profit15.1216.2413.1816.2613.7714.6514.489.82
EPS (₹)1.361.461.181.461.241.321.300.88
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue203185174174174196182
Revenue growth+9.8%+6.0%0.0%+0.1%-11.0%+7.4%-
Other income13.5917.0121.8310.708.5715.9312.68
Total expenses134132128125121140134
Employee cost60.5863.7960.9963.1162.0973.6176.34
EBITDA68.5253.0546.7649.6153.3755.3848.18
EBITDA margin+33.8%+28.7%+26.8%+28.4%+30.6%+28.3%+26.4%
Depreciation0.010.290.540.610.911.381.44
Interest5.406.361.870.100.160.260.13
Profit before tax76.7063.4166.1859.6060.8769.6759.29
Tax17.2513.8352.4814.708.307.234.59
Net profit59.4649.5413.6844.8952.5762.4454.68
Net profit margin+29.3%+26.8%+7.8%+25.7%+30.2%+31.9%+30.0%
EPS (₹)5.344.451.234.034.725.614.91
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital111111111111111111111
Reserves & surplus285247243565502444385
Shareholders' funds (net worth)396359354676613556496
Minority interest0.000.000.000.000.000.000.00
Secured loans0.000.000.000.000.000.000.00
Unsecured loans71.1185.471051.341.722.652.31
Total debt71.1185.471051.341.722.652.31
Total liabilities468445461682619562502
Assets
Gross block160160164169172172172
Net block158158159160161160161
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories0.000.000.000.000.000.000.00
Sundry debtors16.5712.2511.447.5414.789.3320.71
Cash & bank balances312301308515440392327
Loans & advances17.4515.9217.5820.4027.5019.4341.29
Total current assets346329337543482421389
Total current liabilities45.8050.5855.0054.2157.1262.7271.30
Net working capital300278282489425358318
Total assets468445461682619562502
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash300308515440391326257
Net cash from operating activities41.1548.85(12.06)42.0334.9761.9845.74
Net cash from investing activities19.5915.8237.0633.5614.715.1024.46
Net cash from financing activities(49.68)(72.42)(232)(0.48)(1.07)(1.82)(1.23)
Net change in cash11.06(7.75)(207)75.1148.6165.2668.97
Closing cash312301308515440392327
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+9.8%+6.0%0.0%+0.1%-11.0%+7.4%-
EBITDA growth+29.2%+13.5%-5.7%-7.1%-3.6%+14.9%-
PBT growth+21.0%-4.2%+11.0%-2.1%-12.6%+17.5%+4.4%
Net income growth+20.0%+262.1%-69.5%-14.6%-15.8%+14.2%-
Revenue CAGR (3Y)+5.2%+2.0%-3.8%-1.5%-1.8%+1.7%-16.0%
EBITDA CAGR (3Y)+11.4%-0.2%-5.5%+1.0%+7.7%+28.6%+74.0%
Profitability & leverage
Net income margin+29.3%+26.8%+7.9%+25.7%+30.2%+31.9%+30.0%
Return on capital employed+18.0%+15.4%+11.9%+9.2%+10.3%+13.2%+12.7%
Return on net worth+15.8%+13.9%+2.7%+7.0%+9.0%+11.9%+11.8%
Debt / equity0.210.270.100.000.000.000.00
Long-term debt / equity0.150.240.100.000.000.000.00
Interest cover7.8812.054.050.200.300.480.28
Efficiency & per share
Fixed asset turnover1.271.141.051.021.011.141.06
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover14.0815.6118.3815.6314.4613.037.37
EPS (₹)5.344.451.234.034.725.614.91
Dividend per share (₹)2.002.0034.000.000.000.000.00
Book value per share (₹)35.5532.2031.7760.7055.0749.8844.53
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.378.979.7111.6210.7511.618.579.03
Revenue growth (YoY)-12.8%-22.7%+13.3%+28.7%+13.4%---
Other income3.483.013.2020.173.413.493.663.71
Total expenses7.306.228.018.537.608.177.237.93
EBITDA2.072.751.703.093.153.441.341.10
EBITDA margin+22.1%+30.7%+17.5%+26.6%+29.3%+29.6%+15.6%+12.2%
Depreciation0.000.000.000.000.010.020.040.11
Interest0.000.020.000.000.000.000.010.01
Profit before tax5.555.744.9023.266.556.914.954.69
Tax1.600.901.43(0.69)1.841.93(1.33)1.44
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue41.0538.6936.8338.1143.8540.9742.70
Revenue growth+6.1%+5.1%-3.4%-13.1%+7.0%-4.1%-
Other income29.7916.293989.398.3314.5115.68
Total expenses30.3631.0627.6128.0128.3232.1631.17
Employee cost16.4016.7918.3619.6020.3721.6420.90
EBITDA10.697.639.2210.1015.538.8111.53
EBITDA margin+26.0%+19.7%+25.0%+26.5%+35.4%+21.5%+27.0%
Depreciation0.010.290.540.600.890.870.77
Interest0.020.040.100.100.160.250.11
Profit before tax40.4523.5940718.7922.8122.2026.33
Tax3.484.0040.504.100.623.993.64
Net profit36.9919.5589.5714.6822.1918.2122.68
Net profit margin+90.1%+50.5%+243.2%+38.5%+50.6%+44.5%+53.1%
EPS (₹)3.321.7632.901.321.991.632.04
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital111111111111111111111
Reserves & surplus193178203170156134116
Shareholders' funds (net worth)305290314282267245227
Secured loans0.000.000.000.000.000.000.00
Unsecured loans0.000.001.001.341.722.651.84
Total debt0.000.001.001.341.722.651.84
Total liabilities306291317287273252232
Assets
Gross block1.651.715.3510.3613.1112.7213.02
Net block0.010.041.061.552.151.762.25
Capital work in progress0.000.000.000.000.000.000.00
Investments51.8651.8651.8651.8651.8651.8651.86
Inventories0.000.000.000.000.000.000.00
Sundry debtors3.305.564.113.505.084.968.15
Cash & bank balances259247265220202185165
Loans & advances2.272.103.711.9510.992.1619.53
Total current assets264254273225218192193
Total current liabilities29.9633.7636.1135.0637.0840.2741.62
Net working capital234221237190181151151
Total assets306291317287273252232
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash246265220202184165143
Net cash from operating activities4.7812.50(32.84)9.5411.4213.065.31
Net cash from investing activities29.5913.834128.637.237.6017.46
Net cash from financing activities(22.30)(44.81)(335)(0.48)(1.07)(1.34)(0.59)
Net change in cash12.07(18.48)44.8217.6917.5819.3222.18
Closing cash259247265220202185165
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+6.1%+5.1%-3.4%-13.1%+7.0%-4.1%-
EBITDA growth+40.1%-17.3%-8.7%-35.0%+76.3%-23.6%-
PBT growth+71.5%-94.2%+2066.1%-17.6%+2.8%-15.7%+8.3%
Net income growth+89.2%-78.2%+510.2%-33.8%+21.9%-19.7%-
Revenue CAGR (3Y)+2.5%-4.1%-3.5%-3.7%-5.5%-9.9%-24.5%
EBITDA CAGR (3Y)+1.9%-21.1%+1.5%-4.3%+7.0%+35.5%-
Profitability & leverage
Net income margin+90.1%+50.6%+995.1%+38.6%+50.6%+44.5%+53.1%
Return on capital employed+13.6%+7.8%+32.2%+6.7%+8.8%+9.3%+12.0%
Return on net worth+12.4%+6.5%+30.1%+5.4%+8.7%+7.7%+10.5%
Debt / equity0.000.000.000.010.010.010.00
Long-term debt / equity0.000.000.000.000.010.010.00
Interest cover0.190.541.151.051.093.151.02
Efficiency & per share
Fixed asset turnover24.4310.964.693.253.403.183.32
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover9.278.009.688.888.746.255.01
EPS (₹)3.321.7632.901.321.991.632.04
Dividend per share (₹)2.002.0034.000.000.000.000.00
Book value per share (₹)27.3426.0128.2225.3024.0022.0220.39

To see the full year-wise statements and ratios of Xchanging Solutions Limited, buy the company report.

Board of directors of Xchanging Solutions Limited

Xchanging Solutions has 6 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shrenik Kumar Champalal
Also directs: Xchanging Builders (India) Private Limited, Xchanging Technology Services India Private Limited
Whole-Time Director31 Mar 20188 Years 7 MonthsCurrent
Nonavinakere Srinivasaiyengar RamaDirector01 Apr 20197 Years 7 MonthsCurrent
Pankaj Vaish
Also directs: Digitide Solutions Limited, Digispice Technologies Limited, Spice Money Limited
Director04 May 20224 Years 5 MonthsCurrent
Swaminathan Swaminathan
Also directs: Xchanging Builders (India) Private Limited, Xchanging Technology Services India Private Limited, Computer Sciences Corporation India Private Limited and 2 more
Managing Director04 Mar 20251 Years 7 MonthsCurrent
Kartik Ganapathy Iyer
Also directs: Eit Services India Private Limited
Director17 Jun 20242 Years 4 MonthsCurrent
Bokara Nagarajan Padmaja Priyadarshini
Also directs: Dindigul Farm Product Limited, Indrayani Biotech Limited, Homeplanguru Civil Consultants Private Limited
Director05 Feb 20260 Years 8 MonthsCurrent
View all directors

Peer comparison

Xchanging Solutions Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Cambridge Technology Enterprises Limited₹204.17 Cr (FY 2025)-4.0%Hyderabad, Telangana, India
Xchanging Solutions Limitedthis company₹202.92 Cr (FY 2026)₹59.46 Cr29.3%9.7%100Bangalore, Karnataka, India
Tricon Infotech Private Limited₹201.55 Cr (FY 2025)11.0%Bangalore, Karnataka, India
CSM Technologies Limited₹200.63 Cr (FY 2025)1.0%Bhubaneswar, Odisha, India
Best Hawk Infosystems Private Limited₹197.41 Cr (FY 2025)25.0%New Delhi, Delhi, India

To see the full peer comparison of Xchanging Solutions Limited, buy the company report.

Auditor

Xchanging Solutions Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & Sells LLPFY 2023117366W/W - 100018

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 75.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.20% and retail and other public shareholders hold 24.80%.

Promoters: 75.00%DII (Domestic Institutional): 0.20%Retail & Others: 24.80%
Sep 2026
QUARTER
75.00% Promoters
0.20% DII (Domestic Institutional)
24.80% Retail & Others
Promoter holding - history
Now 75.00% · Sep 2026High 75.00% · Dec 2025Low 75.00% · Dec 2025
74%74.5%75%75.5%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 75.00%Mar 2026: 75.00%Jun 2026: 75.00%Sep 2026: 75.00%75.00%75.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters75.00%75.00%75.00%75.00%
Public25.00%25.00%25.00%25.00%

Charges & borrowings

Open charges
None
Satisfied charges
₹246.08 Cr
Breakdown by lending institutions
Yes Bank Limited₹111.00 Cr
Uti Bank Limited₹44.53 Cr
Bank of India₹25.00 Cr
State Bank of India₹22.00 Cr
Export-Import Bank of India₹18.40 Cr
Others₹25.15 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jul 200910171424Yes Bank Limited₹15 CrSatisfied
24 Dec 200810141955Yes Bank Limited₹25 CrSatisfied
14 Jul 200810114876Bank of India₹25 CrSatisfied
05 Jun 200810112695Yes Bank Limited₹9 CrSatisfied
10 Sep 200710075141Yes Bank Limited₹12 CrSatisfied

To see the full charge records of Xchanging Solutions Limited, buy the company report.

Total charge records: 15 View all charges

Deals & funding

Xchanging Solutions Limited has 36 deals on record (28 market trades, 5 acquisitions, 2 funding rounds), with disclosed funding of ₹146.88 Cr; the latest was in October 2025.

Total deals
36
Market trades
28
Acquisitions
5
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹146.88 Cr

Deals on record (5 of 36)

WhenDealAmountParties
Oct 2025Market trade₹7.86 CrBuyer: Silverleaf Capital Services Private Limited
Seller: Silverleaf Capital Services Private Limited
Aug 2024Market trade₹15.54 CrBuyer: Magpro Securities Private Limited , Qe Securities LLP
Seller: Magpro Securities Private Limited , Qe Securities LLP
Feb 2024Market trade₹10.18 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Feb 2024Market trade₹13.45 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Feb 2024Market trade₹16.14 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP

To see the full deal history of Xchanging Solutions Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Xchanging Solutions Limited has 3 MSME Form 1 returns on record between 2019 and 2023, listing 4 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (4 of 4)

SupplierAmount dueDue sinceReported on
Artline Press & Publishers Private Limited
an individual supplier
Authbridge Research Services Private Limited
Ahana Systems & Solutions (P) Ltd

To see the full MSME payment records of Xchanging Solutions Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Xchanging Solutions Limited has a workforce of 100 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
100
Active EPFO establishments
1
Employee growth
-10.71%

GST

Xchanging Solutions has 6 GST registrations: 1 active and 5 cancelled or inactive.

Total GSTINs
6
Active
1
Cancelled / inactive
5
GSTINStateStatusRegistered on
29AAFCS9303L1ZWKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Xchanging Solutions Limited, buy the company report.

Recent activity

Xchanging Solutions Limited has 70 board changes on record since 2002: 39 appointments and 31 cessations. The latest: Bokara Nagarajan Padmaja Priyadarshini was appointed as Director on 05 Feb 2026.

Filing
Xchanging Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
Appointed
Bokara Nagarajan Padmaja Priyadarshini was appointed as Director.
AGM
Xchanging Solutions Limited last Annual general meeting of members was held on 12 Aug 2025 as per latest MCA records.
Ceased
Henry Marshal Dsouza ceased to be Director.
Appointed
Janaki Ashwin Patwardhan was appointed as Director.
Appointed
Swaminathan Swaminathan was appointed as Managing Director.
Ceased
Nachiket Vibhakar Sukhtankar ceased to be CEO.
Appointed
Radhika Khurana was appointed as Company Secretary.
Appointed
Kartik Ganapathy Iyer was appointed as Director.
Ceased
Gidugu Tatavarti Kalpana ceased to be Director.
Ceased
Venkatesh Shastry Venkatasubba Ramanandashastry ceased to be Director.
Appointed
Pankaj Vaish was appointed as Director.

95 earlier events are in the company report.

News

XCHANGING: Q2 CONS NET PROFIT 152M RUPEES VS 163M (YOY)
30 Oct 2026 · Exchange Update
XCHANGING: Q2 EBITDA 184M RUPEES VS 170M (YOY); Q2 EBITDA MARGIN 34.64% VS 32.21% (YOY)
30 Oct 2026 · Exchange Update
XCHANGING: Q2 REVENUE 532M RUPEES VS 528M (YOY)
30 Oct 2026 · Exchange Update

Frequently asked questions

Xchanging Solutions is an active public limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 February 2002 (24+ years old) and is registered under CIN L72200KA2002PLC030072. Listed on BSE: 532616 and NSE: XCHANGING.

Xchanging Solutions reported revenue of ₹202.92 Cr for FY 2025-26 (up 9.7% YoY) based on consolidated financials.

Xchanging Solutions has 6 current directors:

The latest financial statements of Xchanging Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 12 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Xchanging Solutions is 29AAFCS9303L1ZW, registered in Karnataka. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.

The CIN (Corporate Identification Number) of Xchanging Solutions is L72200KA2002PLC030072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Xchanging Solutions is a listed company as per MCA records. Its shares are listed on both BSE (code: 532616) and NSE (symbol: XCHANGING).

Xchanging Solutions has 49 court cases on record: 30 filed by the company and 19 filed against it. 17 are pending. Most are in the high courts.

Xchanging Solutions was incorporated on 01 February 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.

Xchanging Solutions has 36 deals on record (28 market trades, 5 acquisitions, 2 funding rounds), with disclosed funding of ₹146.88 Cr; the latest was in October 2025.

The peers of Xchanging Solutions by revenue are Cambridge Technology Enterprises Limited, Tricon Infotech Private Limited, CSM Technologies Limited, Best Hawk Infosystems Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).

Bokara Nagarajan Padmaja Priyadarshini was appointed as Director on 05 Feb 2026. Henry Marshal Dsouza ceased to be Director on 25 May 2025. Janaki Ashwin Patwardhan was appointed as Director on 21 May 2025. Xchanging Solutions has 70 board changes on record in total.