About Xchanging Technology Services India Private Limited
Data last updated:
Xchanging Technology Services India Private Limited is a private limited company based in New Delhi, Delhi, 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 24 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL1998PTC092908. Its GSTIN is 09AABCR5609L1Z2 (Uttar Pradesh). The company holds 10 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1.49 Cr and a paid-up capital of ₹65.93 Lakh. It is led by directors including Shrenik Kumar Champalal and Swaminathan Swaminathan.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rectangle – I D – 4 District Centre Saket, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹402.62 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹150.25 Cr (net margin 37.3%) and EBITDA of ₹209.51 Cr (EBITDA margin 52%). Revenue has declined at a compounded annual rate (CAGR) of 3% over five years.
The company has about 2,103 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: DXC. As per MCA filings, the company has satisfied charges of ₹35 Cr on record. Court records list 12 cases involving the company, including 10 filed by the company and 2 filed against it; 2 cases are pending. The company has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹221.09 Cr; the latest was in March 2017. Its 10 peer companies in the Information Technology industry (IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Cencora Business Services India Private Limited with revenue of ₹407.23 Cr. The company has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 15 overdue payments to 9 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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRectangle – I D – 4 District Centre Saket, New Delhi, Delhi, India – 110019
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Xchanging Technology Services India Private Limited
The main business activity of Xchanging Technology Services India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Xchanging Technology Services India Private Limited FY 2025 filings available
Xchanging Technology Services India Private Limited reported revenue of ₹402.62 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Xchanging Technology Services India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 11% fall in the latest year. EBITDA fell 20% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Xchanging Technology Services India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹209.51 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹150.25 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Xchanging Technology Services India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 37.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Xchanging Technology Services India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Xchanging Technology Services India Private Limited
Xchanging Technology Services India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cencora Business Services India Private Limited | ₹407.23 Cr (FY 2025) | •••• | •••• | 440.0% | •••• | Pune, Maharashtra, India |
| Xeam Ventures Private Limited | ₹407.03 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Mohali, Punjab, India |
| Infrasoft Technologies Limited | ₹405.68 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| PC Solutions Private Limited | ₹404.13 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| Orion India Systems Private Limited | ₹403.3 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Xchanging Technology Services India Private Limited this company | ₹402.62 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Inspirisys Solutions Limited Listed | ₹397.59 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Chennai, Tamil Nadu, India |
| Mistral Solutions Private Limited | ₹393.85 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Clover Infotech Private Limited | ₹393.46 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Pune, Maharashtra, India |
| Nec Software Solutions (India) Private Limited | ₹391.52 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Medusind Solutions India Private Limited | ₹389.64 Cr (FY 2019) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Xchanging Technology Services India by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Xchanging Technology Services India Private Limited
Xchanging Technology Services India Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Xchanging Technology Services India Private Limited
Xchanging Technology Services India has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrenik Kumar Champalal | Director | 11 Dec 2018 | 7 Years 10 Months | Current |
| Swaminathan Swaminathan | Additional Director | 11 Mar 2025 | 1 Years 7 Months | Current |
| Dhimant Shah | Additional Director | 29 Oct 2025 | 0 Years 11 Months | Current |
Ownership and Shareholding of Xchanging Technology Services India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Xchanging Technology Services India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2014 | The Hongkong and Shanghai Banking Corporation Limited | ₹2 Cr | Satisfied |
| 16 Mar 2012 | Dbs Bank Limited | ₹33 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Xchanging Technology Services India Private Limited
Xchanging Technology Services India Private Limited has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹221.09 Cr; the latest was in March 2017.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Xchanging Mauritius Limited Seller: Xchanging UK Limited, Xchanging Technology Services Limited, Xchanging Resourcing Services Limited |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Xchanging Technology Services India Private Limited
Xchanging Technology Services India Private Limited has 12 court cases on record: 10 filed by Xchanging Technology Services India, 2 filed against it. 2 cases are pending and 10 are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 2 | 2 |
| District courts | 3 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Execution petition | Filed by the company against Chemicals India Private Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against Aditya Polymers and Chemicals (India) Private Limited | Disposed |
| District court, New Delhi, Delhi | Arbitration matter | Filed by the company against Aditya Polymers and Chemicals (India) Private Limited | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Deputy Commissioner of Income Tax Circle 25(1), New Delhi & Anr | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Principal Commissioner of Income Tax 7 Delhi & Ors | Pending |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Xchanging Technology Services India Private Limited
Xchanging Technology Services India Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 15 overdue payments to 9 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 (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Abhishek Enterprises | •••• | •••• | •••• |
| Nreach Online Services Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| 1 to 1 Help.Net Private Limited | •••• | •••• | •••• |
| Authbridge Research Services Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Xchanging Technology Services India Private Limited
Xchanging Technology Services India operates one associated brand: DXC. Each brand links to its own profile.
Employees and EPFO Compliance at Xchanging Technology Services India Private Limited
Xchanging Technology Services India Private Limited has a workforce of 2,103 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Xchanging Technology Services India Private Limited
Xchanging Technology Services India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Xchanging Builders (India) Private Limited | U70102KA2010PTC054038 | Locked |
Showing major subsidiaries. Total: 1.
News related to Xchanging Technology Services India Private Limited
Recent Activity on Xchanging Technology Services India Private Limited
Xchanging Technology Services India Private Limited has 19 board changes on record since 2007: 4 appointments and 15 cessations. The latest: Dhimant Shah was appointed as Additional Director on 29 Oct 2025.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Xchanging Technology Services India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Xchanging Technology Services India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Xchanging Technology Services India Private Limited
Xchanging Technology Services India has 10 GST registrations: 3 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCR5609L1Z2 | Uttar Pradesh | Active | 01 Jul 2017 |
| 29AABCR5609L1Z0 | Karnataka | Active | 01 Jul 2017 |
| 09AABCR5609L2Z1 | Uttar Pradesh | Active | 26 Feb 2025 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Xchanging Technology Services India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Xchanging Technology Services India Private Limited
Xchanging Technology Services India is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 March 1998 (28+ years old) and is registered under CIN U72200DL1998PTC092908.
Xchanging Technology Services India reported revenue of ₹402.62 Cr for FY 2025 (down 11% YoY).
Xchanging Technology Services India has 3 current directors:
- Shrenik Kumar Champalal - Director
- Swaminathan Swaminathan - Additional Director
- Dhimant Shah - Additional Director
Xchanging Technology Services India reported a net profit of ₹150.25 Cr (net margin 37.3%) and EBITDA of ₹209.51 Cr (EBITDA margin 52%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Xchanging Technology Services India is -3% over five years. In the latest year (FY 2025) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Xchanging Technology Services India is 09AABCR5609L1Z2, registered in Uttar Pradesh. The company has 10 GST registrations in all, of which 3 are active and 7 are cancelled or inactive. Other active GSTINs include 29AABCR5609L1Z0 (Karnataka), 09AABCR5609L2Z1 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Xchanging Technology Services India is U72200DL1998PTC092908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xchanging Technology Services India has 12 court cases on record: 10 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Xchanging Technology Services India was incorporated on 24 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Delhi.
Xchanging Technology Services India has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹221.09 Cr; the latest was in March 2017.
The peers of Xchanging Technology Services India by revenue are Cencora Business Services India Private Limited, Xeam Ventures Private Limited, Infrasoft Technologies Limited, PC Solutions Private Limited, Orion India Systems Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Dhimant Shah was appointed as Additional Director on 29 Oct 2025. Swaminathan Swaminathan was appointed as Additional Director on 11 Mar 2025. Lokendra Kumar Sethi ceased to be Additional Director on 30 Sep 2021. Xchanging Technology Services India has 19 board changes on record in total.